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Once cryptocurrency becomes fully adopted, all the issues raised here will be taken care of. Extracting tax from tax payers through cryptocurrency will still be handled similar to fiat tax payments. There will be records to trace monies collected.
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This is the same question I have also been asking. Everything just happened in a flash and the whole market went down. We don't even know where it is heading right now.
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We all were amazed on how the year started with a bang, when most of the coins have set a new all time high record last January. Now that almost all coins are going the other way around, maybe, most of us have said to ourselves, "I should have sold everything last January" but we're too late for that. I, too, felt bad how the market went this level. But, I wonder if there will come a time when I will say, "I should have bought more that time" referring today.
I am also emotional about this as much as you probably are. If only one sees the future, I would have sold every dime bitcoin and ethereum I had in January. I have decided to buy some new coins now that have fallen this period. I hope it gets better with them after this period of poor prices. |
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[bif i see lately there are lots of altcoins popping up, especially in the digital world and whether for the next few years the function of real money itself will be eroded by the presence of virtual payment equipment ...? I had time to think whether in the next few years we would be making virtual money payments ...?[/b]
It may just be a matter of time before we see the disappearance of real money and everything replaced with cryptocurrency or digital currencies. The technology is fast growing and covering more places on earth. |
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There are so many New ICO's these day ? Is that safe to invest in ICO ? any 1 invested in 2018 ? 2017 was the year of ICO's but is that still safe to invest ? or how to know which ICO is good to invest ? like GIG9, Eligma, Medicalchain, Trustedthealth
I would suggest you split such investment. But more should go into already stable altcoins. Then, be very careful on the ICO you invest in so that you don't fall victim of scam. |
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I think it is time to buy BTC and alts step by step.
We may not see this price again.
You are so right. I am already on this plan. The earlier we start buying at the current low market state the better. It is always a good practice to buy cryptocurrencies during market dip. |
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There is no need for this hash declaration. China has to be totally crypto friendly. They cannot accept one part and kick against another. Such acts may create a little panic.
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Hi guys, I just graduated from college and wanted to have a better income but didn't know what to do. I want to find a solution to get around this situation. There are just friends who invite businesses to provide income, and there are also those who invite to invest in cryptocurrencies. If you are in my position and faced with these 2 choices, which one will you choose:
1. Invest in cryptocurrencies
2. Opening a real business
Give me the reason why you choose between the one above
regards
Investing in cryptocurrency for now is an easier and less stress free than a real business. Cryptocurrency investment is what you can quietly manage without having middlemen in your business, you can maximize your profits. |
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How can we get people to use bitcoin as a real currency and not just a quick way to get cash as a lot of people seem to do? When I say currency, I mean the literal definition of currency as something that is used as a medium of exchange.
Even online, there are only a few stores who are accepting it as payment.
Bitcoin is still developing and maturing into that. The adoption rate for use as medium of exchange is still quite slow. But we can expect to see more usage in stores as time progresses. |
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The financial conglomerate Bank of America has developed a mechanism that will allow large companies, including exchanges and custodial services, to store cryptocurrency assets of their clients. According to CoinDesk, the Bank received the corresponding patent on Tuesday, November 13. The document says that the financial institution will need to have a single corporate account suitable for storing cryptocurrencies. To carry out operations, the client will be credited with an equivalent amount of funds, while the cryptocurrency itself will remain in the storage. At the same time, companies will need a processor and a sufficient amount of memory to store private keys to the cryptocurrency wallet. Transactions are possible with the appropriate authorization. "In order for the client to be able to carry out transactions with his cryptocurrency, the company will provide him with access to the account associated with his assets," Bank of America notes. According to the developers, the patented system imposes more moderate requirements for network bandwidth and memory, and consumes less computing and energy resources. source forklog.comThe fact that the Bank of America is indicating interest in cryptocurrency assets is a laudable thing. But I really don't think it is necessary for us to bank our cryptocurrencies with a bank, when we can simply operate our individual secret wallets. |
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Good Day Mam/Sir,
Just a question, Are there are any existing movies related to/about bitcoin? How much do you think will it affect the interest of those people who doesn't know bitcoin?
I would love to see movies related to bitcoin just like The Wall Street, Boiler Room, Inside Job, Wolf of Wall Street, etc.
I have not yet stumbled on any such movie. But I think it will be a very great idea if a movie can be produced that helps promote the merits and physical life usage of bitcoin. I think it will be a nice publicity stunt. |
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Still, FUD's werr getting worse as they had tried to pull over their claim was true and for that they said that its better to withdraw investment now or one will regret later. This is now another problem that made me confuse. Now, I had continue checking the market price movement and checking also the chart. I had made a screenshot of the chart. See the image below:
Please let me know so that I could also made some adjustments.
It still continue to fall. What should we do now? Do you have any plans for bitcoin investment now?
Don't believe such FUDs. Some of them are just talking so that the price can dip further in order for them to buy cheap. Experience has taught me that in times like this, it is best to hold or even buy more. |
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what would you do if a newbie said he could develop your money and he asked you to invest money in him ?
I would rather invest a small amount in it and observe the growth of the business a little while. If it looks further convincing, then I can pump in more amount. |
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Bounty hunters have actually suffered a lot at the hands of the ICOs and Bounty Managers. I wish we all could have an alternative and ignore the bounties. I am sure they will be the ones to loose more by paying heavily to media outlets for marketing and promotion, and yet, they may never get the right Crypto audience which the bounter hunters easily get for them.
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Ethereum is somehow responsible for its woes. The statement made by its founder, Vitalik, few months ago that he will be taking a back seat on the project may be part of the struggle the coin has faced recently. If nothing is done, it may even loose the top 5 spots on the market cap.
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The more the SEC cracks down on unregistered securities posing as ICOs ,the more the atmosphere in crypto will change .IMO , ICOs will not die but they will definitely have to take a new form and STOs will play a big role. I believe this is a gods thing for the industry.
I would rather prefer the SEC to crack down on any illegal ICO, not just in US, but think of a mechanism of ensuring it is a global thing. When you hear of cryptocurrency scam, it is mainly from illegal or unregistered ICOs. |
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Stox: Floyd Mayweather, Luis Suarez, Liang Tian
Centra: Floyd Mayweather, DJ Khaled
Cobin Hood: Jamie Foxx.
The Game (Rapper): Paragon
Max Keiser: Maxcoin
Paris Hilton: Lydian Coin
Whats your take on celebrity endorsements with the crypto world? Do you think it actually helps? Question is how many fans actually know and care about crypto to actually invest??
We actually do need a lot of wealthy celebrities in cryptocurrency. These are the people who can bring in more investment for cryptocurrency, and also add more credence to it. |
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Hi,
So I’ve invested a bit of money into altcoins about a year ago, and did a bit of trading but then slowly lost the track of it... Until today, where I found my ledger in my closet and decided to give it another look.
So here I am now looking at my coins , and thinking on what to do... Hold on? Sell?...
I’ve got:
KMD EDG MSP
I’m down about 60% of my investment.
Any advice is appreciated!
EDIT: Yeah my entries are all super high tbh haha
EDIT 2:I’ve got quite a bit of faith in MSP & KMD Not sure about EDG though
This period is the worst time to sell. The market prices are extremely very low. I suggest you keep holding and see what happens in the coming years. The lost may be recovered once the prices pick up. |
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Well i say yes! Currently there are so many projects with similar goals and visions and some of them even don't have the needed capacity and resources to see to the success of the project but yet still competes with the capable funds when funds are being raised. This has also increased the number of scam projects in the cryptospace and this is really tarnishing the image of crypto investment. Let's not forget that if men were angels there would be no need for laws. I am not talking of a Centralized Regulating Body but we can use the concept of masternodes and run a decentralized ICO regulating body. Let's explore all the possible ways of how we can actually curb this menace in the cryptospace.
I also say yes. The time has come for us to have a regulating body for ICOs. The cryptocurrency ICO is gradually falling apart. It is no longer excited as it used to be. It is now coupled with so much frauds and scams. |
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I have recently used cryptocurrencies to settle some minor bills in my daily usage. One of such was EtherInc (ETI). I and my friend just used it to settle the payment we owe each other instead of using normal cash.
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