I think the case for income tax in the following years would be that it'd get some increased ease of use but definitely not be killed. It's an integral part of state structures and bitcoin isn't necessarily an enemy of states. Thing is, bitcoin can peacefully co-exist with FIAT money, with each system drawing from the benefits of each other.
|
|
|
Tradingview allows for nice drawing over charts. Community feeds are also useful in getting a sense of the market's sentiment but there are still are some looneys there. People use it to go crazy over rainbow charts sometimes and it's kinds funny.
|
|
|
To be honest, I don't think that this fork is as divisive as some present it to be. Support for 2x has been withdrawn form most of the major parties that initially supported it. It's not going to have an exclusivity over mining hashrate but we might see another token created. Perhaps a short lived one too.
|
|
|
Most certainly sesms fake. There are several videos where people are trying to trick newbies on yourube, but that's also the case with many other things like games and various online communities. People should be cautious when downloading stuff of youtube videos, always seek the original source.
|
|
|
What would you do when you're talking to someone but then he suddenly talks about his hatred on Bitcoin, what would you react to it?
I've never actually experienced anything like this before, I just want to be prepared when it happened to me.
Well i would like to put a religion on this one (WARNING: this might offend someone).Same with cryptocurrencies we do have alot but, Bitcoin is like the Muslim nor catholic of the religons. it and will always have some negative comments about something. just let them say what they want to say about Bitcoin. enlighten them up with proper teaching methods. This is in my opinion a good approach. People should discover bitcoin and cruptocurrency on their own if we want them to be immersed in the opportunity. It's hard to force all this info to someone that is unwilling to accept new technology and innovation.
|
|
|
Yesterday Poland refused tranche of the IMF. Gradually, States are beginning to understand that this organization was not created in order to help the economies of underdeveloped countries. They are created in order to put into debt countries that take their loans and make them for a long time is not solvent. Using cryptocurrency this can be done easily and for free. I don't think they will find many willing to take such a loan.
Centralized organizations seek the profit of those financing them and don't really care for the benefit of nations they are financing. EU is a prime example of how this principle works in practice. See: https://en.wikipedia.org/wiki/Multi-speed_EuropeI don't think the cryptocurrency structure would work for IMF, most of its aspects go against the organization's interests.
|
|
|
This might never happen but it's not a problem. Cryptocurrency can happily co-exist with FIAT as its become evident in recent years. Bitcoin keeps growing thanks to interest from investors that are dealing with large amounts of FIAT. Legitimizing bitcoin withing a state-economy is actually a good way to expand its use cases.
|
|
|
Safe? Not really. There is no such thing as a risk free investment in the crypto world. I would recommend looking into BAT's existing infrastructure as well as upcoming events. BAT is supposed to be integrated into the Brave browser but still the long term usability of the project is not guaranteed. Brave has long legal battles to fight if it becomes successful so you shouldn't give in to mob mentality about BAT. The price movements of it are mostly based on speculation (like most cryptos) other than anything else.
|
|
|
Any solutions for us Non Eu citizens after Oct 15th?
Can you specify in which country you are based? E.g. for citizens of the US, BitPay offers a card that is issued by the Metropolitan Commercial Bank. https://bitpay.com/cardHowever, if you are based in the rest of the world you are only able to receive a debit card from BitPay that is issued by Wave Crest Holdings. This is exactly the card issuer that has closed their service for people, who donīt reside in Europe after the 15th October. Things are getting tough for people outside of the EU from what it seems. I believe Coinbase's Shift card also continues to offer the card service to US citizens. But aside of BitPay and Shift there aren't many options. Perhap's Uphold's prepaid mastercard could also be an option for those in the US after virtual cards.
|
|
|
First of all, as long as there are users for a decentralized cryptocurrency it can not die. That's even if its monetary value is zero in the market.
Secondly, with all the utility coming out of the now enlarged cryptocurrency economy I think that it is unlikely that it would die.
|
|
|
Alright, here's my vouch.
OP's response was prompt. He asked me about the region and delivered on a timely manner. The LoL account I got was a high level one, very close to max level too. Everything as promised in this thread.
|
|
|
Look, just because the price is rising it doens't mean that bitcoin is unstoppable. Bitcoin's price is based on speculation and speculation is no good indication that bitcoin's future is guaranteed. It's going to depend on different things.
|
|
|
This time bitcoin is the big star. No altcoin can match its success in rising in price while always being the champion. Bitcoin came out as a winner from the ICO bubble that's currently on its final days.
|
|
|
Early estimations were projecting that Satoshi had access to 1 million bitcoins. That, of course, doesn't mean that markets are priced taking such information into account. I think that traders completely disregard the notion that someone could be in possession of 1/20 of the asset they own and able to put up on sale however much of it whenever. Satoshi could crash the market down to zero if he indeed had the bitcoins and wanted to but that's not something of a possibility that seems to affect the market sentiment.
|
|
|
This isn't all that helpful. While bitcoin should be a safe heaven from tax, its mere usage shouldn't invoke taxation. If it was treated as assets, where taxation would only exist on profits, it'd be ideal. Taxation on trading and mining is merely going to make it harder for businesses to sprout in the country while still allowing for the cryptocurrency to be used illegally and expanding the black market.
|
|
|
Even back then, bitcoin was on a rising trail showcasing bullish tendencies. I don't see any significant selling pressure or resistance still. Bitcoin has the potential to reach very high in this rally as for two days now we're seeing a price rise of over 10% in every 24 hours.
|
|
|
Unfavorable rates are a whole other topic of discussion. Many providers claiming to have zero fees hide their tariffs in exchange rates that have a diversion from actual live market ones by as much as 5%. I've been warning people about this as a hidden fee trick. Big providers like Wirex do it too.
|
|
|
Honestly, I've stopped paying with my coins because the recent months have been very convincing as to how bitcoin's price has no roof. When a payment in bitcoin is demanded I'll just swipe my actual money out and buy some bitcoin.
|
|
|
Smart contracts are a bit closer to connecting to dynamically checking for functions related to events but they still have a very large gap to fill when it comes to real world events. I don't see how a simple crypto could reward good deeds in a fair way though. The concepts just keep getting more crazy.
|
|
|
Is there any card that can withdraw directly from Bitcoin balance instead of loading the card before hand?
I am My bitcoins will stay in there wallet and it will only use whenever I use the card and automatically deduct and calculate?
Because in all other cards, you will need convert your btc to local currency and load your card before use.
Thanks
I believe the old cards don't allow that, only the new ones such as Monaco, TenX and Centra does that. (some of them are not available yet). Also XAPO does exactly this! Your balance always remains in BTC and you use your card using your BTC balance Unfortunately it will on work in Europe only from October 16 Didn't XAPO have FIAT balances? I had never used their card service but I don't see why they wouldn't allow the card to be used with the FIAT balances. On a slightly related note, they've started locking accounts without document verification.
|
|
|
|