Correct. Corporations have always had their ways to either find a way to pay the lowest possible rates, or to not be subject to taxations at all due to smart constructions and what not. Bitcoin is the perfect way for people like you and me to basically do the same, but without subjecting ourselves to the legal hassle we otherwise wouldn't be able to succeed with anyway.

I do however have to point out that the major part of the tax evasion that's happening is based on pure ignorance. People legit think that because crypto isn't regulated or mentioned by name in their tax forms, they don't have to pay tax. They also think that because of crypto's "anonymity" they can avoid taxation without anyone noticing.

They don't realize that there is no such a thing as anonymity, especially not when using centralized parties. It also doesn't matter what you sell at a higher price for fiat, taxation is mandatory in all cases.

It will be interesting to see how Japan's stricter regulations this year will affect the number of those who declared their profits.

It depends on how you look at it.

Stock indeed have revenue streams and the economy itself as a benchmark, but in terms of trading there isn't much of a difference. Stocks are boring investments, we can't ignore that; what most investors/traders do is work around the boring part, and they do that by leveraging their trades to whatever they think is a worthwhile multiplier.

What you basically get is that small movements suddenly become crazy large movements due to the leverage multiplier that you applied. The same applies to the forex market. People saying it's easy to apply TA and to profit there are nuts. It's a killer of a market where people lose their entire savings with a wrong call.

The US dollar is the base currency of the world just like how Bitcoin is the base currency of the crypto world. In times of uncertainties capital gets parked in that what is globally accepted to be a safe haven, which in the legacy world is either the US dollar or Gold. It makes sense as well, especially with how most of the money in the world isn't being used as money, but as speculative vehicle.

I'm not sure to what degree it is influencing crypto currencies, but it might play a role of importance with how we have more institutional presence than ever before. On the other hand, people need to understand how the crypto market cycles through various phases, and as what happened multiple times already, a bear market like we experience right now is pretty common and organically results in long periods of stability and stagnation.

One spark is enough to get this market up and running again. Right when people tend to get too comfortable with the market, it pulls off something that brings back fear/greed/uncertainties, etc.

We're attracting plenty of investors already, but they seem to ignore the spot markets, and I can't really blame them. The far majority of the volumes generated are OTC related.

People here only look at what they see, which are the spot market volumes, but ignore that what they don't see, which are the OTC volumes. If you look at the on-chain value transfers, it's booming, while the spot market is slowly working towards newer volume lows.

Publicity has only value when the price is going up or down significantly, especially with how the mainstream media is out to cover sensation related subjects. CNBC is the perfect example of that; they almost stopped covering crypto related news with how there isn't anything to report about, and perhaps that actually a good thing. CNBC is a scum news outlet.

They may not directly be able to compete with LBC, but with how LBC took a dive into KYC/AML land, OP could attempt to make that work in his advantage.

If you look at what the most popular exchanges are today, then it's clear that we're talking about exchanges that don't force people to verify themselves in order to trade. Binance's success is that they don't care about verification, and they offer great customer support. In other words, it's a Golden combination definitely worth digging into.

I don't know how capable OP is to get it working, but we have to support people with these ideas. In the end, it's in our advantage to still have platforms operational like that.

Yup. These guys aren't joking and certainly not interested to bother with low class traders resulting in more stress than actual profits.

ItBit won't even look at you if you don't bring at least $100,000 to the table as OTC client. We can't see how much OTC volume they generate, but I'm pretty sure that a business with their background and respect is generating more OTC volumes than all spot exchanges combined when it concerns BTC/USD(T) trades.

Just look through the on-chain transactions, lol. There is some hardcore trading going on where tens of millions move from one party to the other. In the last 24 hours $5.5 billion worth of on-chain transaction activity, which is insane. https://bitinfocharts.com/bitcoin/

ETF rejections and delays are calculated in already. We were a point at which the speculation around the ETF was almost generating traders *free* money with how the market did what you and me were expecting it to do. Once your neighbour starts to figure out how things work in a market, they usually will no longer work.

Everything reaches a peak. Eventually when an ETF comes through the demand will shrink as well, and what happens the price either consolidates or drops. It's a one time event that you can't rely on endlessly, which is why actual use is the most powerful and near endless source of growth for Bitcoin. It's much better to focus on that than to hop from event to event just to sell the peak, but I'm probably one of the few thinking like that here.

It's funny how they add more coins during a declining market where altcoins are hit the hardest, probably to not let Bitcoin's dominance increase too much.

I used to say that CMC is a noob website and market caps don't matter (which it technically is), but it seems that as long as enough people (noob or not doesn't matter) think it does matter, it will actually matter.

Prime example of how important CMC is, was how XRP got pumped to just hop over Ethereum on that site, and that was the perfect shorting opportinity I thought, which it turned out to be, but I didn't short unfortunately. I am not keen on shorting anything that's experiencing serious bullish momentum, because more often than not it works against you.

It is very similar actually.

What's clearly visible in the charts is that the price was insanely stable after it hit the all time bottom in January of 2015. In case we're following the same path, it technically could mean that the bottom is in right now, and it very well may be. We don't have MtGox messing up the sentiment like it did back then, so we should be able to recover way quicker.

Considering that the very lows are hit mostly in Q1 of each freshly started year, I think that in case we haven't bottomed out yet, we're near the point of bottoming out for good in Q1 of next year.

I can see why people prefer fast withdrawals, but the funny thing is that most of the users victim of a hacked exchange blame the same exchange they praised for its convenience, and the main reason of blame is that the exchange has way too many coins in its hot wallets. If an exchange shrinks down its hot wallets people complain about slow withdrawals, and when an exchange tries to fill up its hot wallets sufficiently it's wrong again.

In other words, whatever an exchange does, it's wrong. It's better to do "wrong" and get rid of instant withdrawals entirely and prevent hacks, than to do "wrong" by letting people withdraw any amount in an instant with the risk of getting hacked, which happens frequently enough.

I don't really get it. How can a private (centralized) blockchain not be used to game the system? The benefit of private blockchains is that you can choose which part of the network you want to have operating publicly, and which part completely private. Another aspect is that private blockchains aren't immutable, which grants them all the freedom in the world to erase all trails that potentially could be traced back to them.

I think private blockchains allow for more fraudulent activities than ever before. Rogue state employees will feast on that for sure.

If Bitcoin ever loses a large chunk of its value, it will become that what it was back in 2011/2012, a popular currency rather than a tool for speculation purposes. I'm pretty certain that at current adoption rate, the price will still hover well over the $100 level during a by noobs considered end-of-Bitcoin scenario.

In the end, even a large number of the worst shitcoins will always have some sort of a value attached to them. It's fairly uncommon for a coin to have no open buy orders on exchanges. I think I have only seen it twice thus far.

It doesn't really matter who satoshi really is; the only thing of importance is that Bitcoin is as real as it can be, and it's helping people obtain the freedom they otherwise would never have.

That's why I am glad he left and never came back again to bother with development. Don't get me wrong, my respect for him is sky high, but I'm pretty certain that at this point he would form a problematic factor for Bitcoin itself rather than a positive one. Ethereum is the perfect example of how lead developers not willing to part with their project are slowing down the rate of growth, and at the same time keep delaying scaling solutions as if it isn't that important.

Vitalik rolled back the chain with minority agreement, openly admitted to write hard forks if he's forced to do so, etc. No thanks.

Lol?

Firstly, the price doesn't represent what's happening in the background. Secondly, we have had years far worse than 2018 in terms of price action (look up the charts).

People only see what they want to see. They completey disregard that what's happening in the OTC markets. In the last 24 hours there has been more than $3.6 billion worth of transaction activity on Bitcoin's network. Considering that we're going through a bear market and the global activity is on the lower side, these on-chain value transfers indicate a booming off-exchange industry.

Interesting on-chain value activity over the last 24 hours;

Bitcoin $3.6 billion.
Ethereum $407 million.
BCash $93 million.
Litecoin $85 million.

XRP's data can't be fetched.

Source; https://bitinfocharts.com/

It's not that difficult to be honest. It only requires a software/firmware upgrade and that's it. You use your card to purchase whatever amount of Bitcoin that the machine allows you to (legally) purchase, and you'll get a receipt with a private key printed on it. Considering that when you purchase Bitcoin with your card they technically have all your personal information already, it saves people a ton of verification hassle as well.

The article title however is very click-bait oriented. I think that in reality if we can see 10% of that figure deployed, it's a major achievement already. You can't just turn every ATM into a BATM, especially not when you take into consideration that each state has different policies you have to abide by.

In the end, more BATM's means more average joe level of accessibility, which is a good thing.

I don't see how there is any money to be made with DEX's either, but I think it's more so that they are out to expand their brand as exchange. A DEX will bring in a different group of users they otherwise might not have been able to welcome, and these users might try out their centralized exchange as well. If even 10% of the DEX users end up trying out the centralized exchange, it's already a massive gain.

I think in order to counter the lack of volume and liquidity, that Binance will come up with some sort of a market making structure that 'borrows' liquidity from users on the centralized part of the exchange, and then locks them up in return for Binance tokens or something. It could be the first DEX that actually generates worthwhile volumes. We'll see how it goes.

Being the biggest gaming platform doesn't mean you can just sit back and relax.

They could very easily partner with CoinGate, which allows its merchants to accept Lightning payments. It doesn't only combat the on-chain congestion and fees, but you are also doing something revolutionary others aren't doing yet. It's a pretty damn good way to get yourself in the spotlight as business, especially with how people here appreciate progress in terms of Lightning adoption.

It doesn't cost you a penny as merchant if no one uses the Lightning option. There is no confirmation bs, no fee bs, instant settling transactions, etc.

I don't want to pop your bubble, but they are NOT going to spend a trillion dollars on Bitcoin.

The most we can expect them to do is to allocate a very conservative percentage of their total assets to Bitcoin. 0.1-0.5% would be immense already if you take into consideration that it equals $7-$35 billion dollars, which is far more than what went into this market during last year's bull run.

Important for people to understand is that Fidelity having $7 trillion dollars worth of assets doesn't mean they can blindly invest it in whatever they think is the best option. It's not their money for the most part, but from you, your neighbour, businesses, etc. They have to ask internal permission first, after that we can see them proceed with their plans to actually invest in Bitcoin.

Good luck waiting. It's a nightmare for these relatively new parties in the crypto field to take care of people's funds. It requires expertise they don't have, which means they have to invest tons of money to hire knowledged employees (employees with expertise in the crypto field are scarce and very much in demand by almost any non crypto party), and I'm sure they aren't really in the mood for that.

It's much easier and far less stressing to keep working with cash settled contracts. That way people won't constantly keep bugging them with tickets about stuck deposits/withdrawals, why the transaction fees suddenly increased a lot, why there is maintenance going on, etc.

Don't forget that the average person in the crypto field has a pretty low crypto IQ. One fart and you'll be called a scammer as reputable service. You know what they think? No thank you.

If the bottom isn't in already, it will be in before the end of Q2 in 2019, and with the block halving in mind, I expect that we will see a rapid price increase to break $10,000 once and for all.

I don't expect the price to break $20,000 next year, but if it happens anyway, it's a welcome bonus. That's without taking Bakkt or a potential ETF approval into consideration. If Bakkt does what people think it will do, it will help speed up the process of marking a new all time high significantly.

We should aim to have a slower form of growth this time, because Bitcoin's network isn't capable of going through yet another bull run. Scaling wise we're a bit further now, but it's just a ~25% improvement that will prove to be peanuts if you really put it to the test. The last thing we want is to yet again see that Bitcoin isn't ready for more growth.