Once a company silently stopped doing promotions even in their social media accounts has been stopped posting announcements, you should start investigating them because most likely they will turn into scams. There's a thread on the Scam Accusation board towards them, WARNING: Do not use Paycent.com, they scammed me for 1141.6 USD + card fee. But luckily OP got his lost money back after created a thread. Are you also purchasing the card?
|
|
|
Both day trading and swing trading can be profitable as long as the trader has enough skills and confidence in doing either of the two. When I was still new in the trading world I started doing swing trading but for some reason, I find it riskier than day trading only for me, until I decided to do and try day trading for I'm quite sure how to handle different circumstances when it occurs unexpectedly.
Day trading really requires your time and attention which makes the crypto less profitable for people like me who also work in a different industry for a living and can only do the trading during rest days and spare time while keeping my crypto in my noncustodial wallet while I'm still at work. However, both are good but you need to know which will suit you best.
For now, for me, I decided to hold for a while and consider as a long time trader.
|
|
|
If we look back in the history of gold, Ron Paul is right it was allowed to own Bitcoin when economic depression had been experienced globally as a safe haven. During those years the government wasn't able to track and don't have control over golds and its owners then they decided to made it illegal until they came up with regulations that government will still have authority on it. Similar to Bitcoin that its core of decentralization will depart the power of the government over it then they might also end up with the same option as what had happened back then with gold.
Privacy and anonymity though it is one of the features that Bitcoin provides to its owner is conversely against the tenet of the government which IMO that they will never allow that it will happen. Basically, Paul's advice is something that we really need to take seriously for it bring pandemonium to every Bitcoin enthusiast especially those people who didn't understand yet how Bitcoin will work.
|
|
|
Even us (crypto holders) will remain speculative on what the future lies ahead for Bitcoin. None of us can conclude if when does Bitcoin will become a number one currency same as fiat or will it remain as an asset but as of now, it's fair for us that Bitcoin has been recognized as a good investment as global adoption proves it. I may not inculpate those people who have billions of dollars if they find Bitcoin as an asset like Michael Saylor sees it because those who have been in the business for quite some time now will remain and choose to cling to the traditional system where they have grown, get used to, and established themselves as skilled businessmen which if they would try to go in crypto world where decentralization is the core idealogy they might find it challenging to get stabilized again. No matter how the story of Michael Saylor develops, I think it's too early to call him a hero or Judas - a man is simply an investor who has some opinions about Bitcoin, but does anyone think we should worry too much about that?
I tend to agree, and heroes will not reveal themselves too.
|
|
|
It's absolutely ridiculous to tax people on their profits out of bitcoin investment and how can they do it as it stalemate sort of think for crypto in India wherein nether they have termed it legal nor illegal, even if they want to tax then on what basis they are going to decide the tax amount as investors might not just store his fund idle, whether profit or loss the user will keep reading or shifting to different coins wherein they cannot accurately decide a taxable figure and this will lead to chaos.
Most governments will always have ways to find out on which or from they will get their financial resources. In my country even though celebrities who have no fixed income and hard to identify the exact figure of their profits our government are still able to identify the amount of tax that they should be paying, I think it didn't bring any chaos to our tax system, should anyone won't pay their tax then that is the time that their life will be in chaos, IMO . Seriously, if this will be implemented in India I'm pretty sure that their government has a reason maybe not just for tax revenue but also they are trying to have control over their activity and as to each crypto-assets of their citizens. Even though ain't come from India but I can compare here in my country either income or capital gain profits are subjected to tax as long as it reaches the taxable range then the government will take their part from it, the same goes to India as well. Probably this implementation has a good purpose.
|
|
|
It's really good news that the Pakistan government will legalize Bitcoin in their country knowing that the majority of the population are the young ones which could be considered as another hype for mass adoption. Legalizing Bitcoin in the country IMO could also help the economy especially if they will fund the mining industry of bitcoin whereas they will gain numerous Bitcoin which can be used and put into the circulation of their market that may lead to the growth of the economy without the needs of printing fiat money.
However, there could still be disadvantages to this movement such as the government may later gain control over Bitcoins since if it will be legalized all transactions will be subjected and abide by the laws that will be set forth by their government, and one of these laws it could break the anonymity of Bitcoin holders which is one of the ideology that Bitcoin offers us.
|
|
|
I've been into the Bitcoin world since 2017 just 3 years and didn't meet your qualification of 5 years. However, during those years a lot of things happened the ups and downs of Bitcoin and to my personal necessities as well which required me to sell most of the Bitcoins that I have gained. I have bought Bitcoin once too for I know that how Bitcoin can help me when I'm in need, due to these reasons I would say that I buy and sell Bitcoin not at the appropriate time because of its price instead I did and will still continue to do it when I needed most. Very few people will be able to hold Bitcoin for more than 5 years because if Bitcoin increases, people will sell it to make a profit instead of holding it for so long.
I'm a part of it.
|
|
|
I respect your opinion in your own question but for me? Inflation happens because of the increase in the price of commodities and services and not the other way around. Honestly, Bitcoin IMO isn't money rather it's an asset-backed by the value of a currency which means Bitcoin itself isn't independent in terms of its value instead, it relies upon the value of the currency that determines and gives us information on how worthy is the bitcoin that we have. We can fairly say that Bitcoin is a deregulated store of value which makes it an asset for no government can imply any law over it and it is being held or used for exchanges by anyone around the globe in the same value, IMO. What do you think of investing in bitcoin to solve crisis and get away with inflation? Investing in Bitcoin can never solve the crisis in inflation because the value of Bitcoin also rely on the value of unit currency whereas if the fiat currency such as USD experience inflation then Bitcoin also gets affected by it that the cost will be higher per Bitcoin. Not unless if Bitcoin's value can stand on its own and how many or much bitcoin do you need to spend for getting a haircut without determining the price through any fiat currency because in reality as of today for us to know the amount of bitcoin for every commodity IMO, still rely on the value of this commodity in fiat. Correct me if I'm wrong with my thought.
|
|
|
Price of Bitcoin may increase normally but not as much as 400K
Do you have a magic and crystal ball to predict this thing? In TEN years of Bitcoin's existence, we've been amused by how it reaches the current price despite the criticisms and government resistance. I must agree with OP that the increase in price may be gradual but only after its peak and it remains possible that in the future it can still reach the price of six digits, maybe not for now, BUT probably a decade or two. The past bull run where BTC got 20x to 50x gain was only because BTC was a new innovation and there was much hype, but now everyone is aware regarding BTC. OP has assumed that Bitcoin has already reached its global adoption, where in fact IMO, only around 20% of the total population are aware of Bitcoin and if the absolute adoption already happens then definitely the price would become a new all-time high (ATH). Imagining that, when global adoption happens it can already reach the price that is already beyond our expectations because of the increase in demand aside from the fact that supply of Bitcoin is limited which is another factor that has a huge effect on the price.
|
|
|
You've got your Ethereum and transfer to another Ethereum wallet or not? That's impossible if you are correctly using or installed from the official site of MetaMask browser wallet but if not, say goodbye to your Ethereum because you are might the one who being phished by the scammers, they spotted and reported that they used Google ads for their fraudulent activities using fake chrome extensions. See these links.
|
|
|
The proposed bill may take time like month(s) or even year(s) before it became a law. If we are thinking that, this is a whales' action towards us (the Bitcoin holders) who might be experiencing FOMO then it is too late, for selling Bitcoins could be done right before the bill became a law.
IMO, if they are using this proposed bill to make people refrain from selling, therefore I can say that they are absolutely wrong instead they should have done this at an earlier time because for me at this point, the news can have a different result where people might panic, selling their bitcoins in order to obtain their profits, right before the bill became a law and have it implemented.
|
|
|
Upon searching on the Google playstore just because I want to report "Flag as inappropriate", I saw that there are two of them that surely they are both fake app of Electrum wallet. There are countless reviews but for sure that the review isn't real and obviously manipulated. Here is those FAKE electrum Google playstore links, it seems they had similar and almost the same app logo. https://play.google.com/store/apps/details?id=com.fatbs.lokene
https://play.google.com/store/apps/details?id=com.fatalkoes.poalkoe
(last one is given by OP). I've done my part flagging on it and choose "Flag as inappropriate > Copycat or impersonation". We hope that Google will take action quickly as we reported to them regarding these fake apps of Electrum.
|
|
|
I noticed this kind of thread yesterday posted with a bunch of unnecessary links which is I have doubt suspected links (but I didn't try to click the link).
I'd reported some of them but now they still keep spamming and posting the links that I'd noticed yesterday. Just curious how they will find a way to pass the evil IP address so that they didn't need to pay a small amount of Bitcoin and start posting.
They will not succeed in what they want, if they keep spamming, let's keep reporting them so that MODs will take action immediately and notice them.
|
|
|
It could be possible if the family were able to enrich the amount of Bitcoin that they initially invested using the total liquidated assets such as the retirement, cars, and the rest since they were able to start when Bitcoin was still at the price of $900 and seeing how it grows up to the current price.
However, for the family's expenses somehow it could be a little tight if they are just depending on the increase of bitcoin's value IMO. They still do other ways to gain and become profitable in the Bitcoin world such as trading or possibly they also do exchanges which could suffice the needs of the family. Four years of living through Bitcoin is such an inspiring story that could make people change their perception towards Bitcoin on how it addresses the issue of the devaluing state of currencies but also for everyone's living.
|
|
|
Hi! I`m looking for people who has access to a crypto mining farm to take a short video tour for my project. I`m paying up to 2k$ in BTC for this small task. Please, contact me PM first.
I don't know what is your purpose but that's obvious that you will use the video for possible HYIP project like cloud mining, claiming that you have your own mining machines and operated under manage by you to fraud innocent people. There are still people that willing to buy anything that can be used in fraud and gain more than they spent. But yet, try to have a further explanation so that we will understand how work you project is and not to turn into a scam that might put newbies in the crypto world put in danger. Another factor of a possible scam when you were dealing with newbies, might also there is a risk if you deal without using escrow since OP didn't mention that.
|
|
|
I voted, never been bought.
Before the 2017 ATH, I started collecting Bitcoin and never bought it, fortunately, I was able to accumulate almost a whole number of Bitcoin back then. But like with others said above, I also sell my Bitcoin every time I needed and if not I hold it.
I keep on trading to accumulate a higher number of Bitcoins but unfortunately, I wasn't able to regain the highest number of Bitcoins that I had back then(just a fraction number not even a whole number of Bitcoin). I started to collect in Satoshi's (earned it through some medium) but eventually, it grew due to trading and I also do exchanges, sometimes I sell products or render services to my peers in an exchange for Bitcoins, maybe I just love Bitcoin too much that I really exert effort to enrich my portfolio.
And now, I started collecting again after I spent all my Bitcoin due to the pandemic.
|
|
|
It's hard to choose, I picked 3 users to choose namely JayJuanGee, fillippone and gmaxwell both are interesting and good to read. It seems just only one name we can vote for. I decided to vote in the end, good luck.
|
|
|
I wouldn't compare the crypto market with some Biblical tails about King Solomon.
I tend to agree, I don't see any resemblance between the two, the biblical story of King Solomon and the Crypto world or the economy are two different stories regardless of faith or fate. If we are going to talk about the fate of the economy then Bitcoin and cryptocurrencies are fated to come up and make some changes in the world economy not to split the people beliefs that half of the population will stick to fiat and the other half into Bitcoin or cryptocurrency which is supposed to be one. I may just consider this as an evolution of currency that fits in our current economic state in other words " survival of the fittest" which may come to one resolution that bitcoins and cryptocurrencies will be the answer and suits to our economic condition.
|
|
|
IMO, no government around the world will let it happened that they will lose control over the finances of their citizens which I'm afraid that soon they will try everything to make stablecoins centralized just like the fiat did, not by itself but the holders on it through using the custodial wallet and be under their jurisdiction similar to the fiat currencies.
With OP's question, I tend to agree that in the soonest possible time the proposed bill will be passed, for the governments are aware of the increasing number of people who are investing or using in stablecoin now and they are starting to lose information on the exact assets and liabilities of their citizens especially for those who are in the government. If the bill will be passed definitely it will bring no good for they just want to extend their powers on everything under the sun as well in the crypto world.
|
|
|
In my opinion, bitcoin is an investment to make a profit. Because bitcoin is so profitable, investing in it is also very risky, to be able to invest in the cryptocurrency market requires a lot of knowledge and experience.
Just like this opinion, he/she threat Bitcoin as an investment, otherwise a form of a payment system. Everyone is entitled to their own opinion and it would only matter if they share it with the public which may get criss-cross opinions and responses from those who will receive the idea of the latter. In the end, these ideas will be subjected to assumption until proven by factual evidence. Similarly, at first, they tend to laugh at and belittle the capabilities of bitcoin due to the opinions that were publicized by those who has influence in the society yet after few years for Bitcoin in proving what he can offer to the people and the economy, those people now a starting to make a topsy-turvy on their opinions and became favorable with Bitcoins in fact some of them started to acquire it now.
|
|
|
|