We can not do anything with bitcoin because chinese demand is too high and Once there are anything happened with bitcoin or chinese investors of bitcoins. that is very big problem because They owned biggest bitcoins in the world (90% bitcoin amount from China). I think we need another digital coin for the rest of the world.
Where did you get the source that 90% bitcoins are from China, that's an absurdly high number. In fact over 90% of bitcoin are mining in china, The same number also for traders, exchangers and blockchainer. News and fundamental issues affect bitcoin because majority of magin traders and speculative traders are Chinese. If others developed countries keep on rejecting bitcoin and others cryptocurrencies, than Chinese will keep on control the crptocurrencies world.
|
|
|
Paying tax on bitcoin and other altcoin will undermine it's value as a currency. Bitcoin is a currency and at such we have to see as so. Currency or money is what we use for exchange of goods and services and determine it's values'. If bitcoin and other altcoin is treated as property it means it's values as money has been undermined, if we pay tax on cryptocurrencies like gold, silver and oils' it means bitcoin has been treated as goods.
|
|
|
bitcoin price , in bottom price or support price in level 750 dollar so this now bitcoin price not in bottom price
but in weekly pivot, this now bitcoin price in level support 2 price, WS2 price
The unclean traders look at trading from sell at the bottom and buy at the top but experience traders look at it from different perspective. Bitcoin went from 828 to trade above 905 yesterday. What drives the market and because of buying momentum that is why you are seen price going up.
|
|
|
As at yesterday the 17-1-2017 bitcoin got a gained of about $68 closed around $905. Today we expect the buying momentum to continue as most traders and investors are buying now. The resistance level at $900 has been broken and bitcoin may likely close around or above $1000 by the end of the week. Bitcoin is enjoying a great goodwill this days and I expect it to be raising through out 2017.
|
|
|
It always depend on a case to case basis I think most of the human love gambling because they feel that they're alive, nothing beats boringness other than entertainment itself, however most of you say was genuine and could change someones' mind.
many people take gambling as a hobby, others take as a business and many see it as scamming. It depends on the side of mind op is reason from. For those that see gambling as a hobby, they go into gambling because of they want to satisfaction that aspect of their lives. For those using as a business, they see gambling as a way of live, many of them developed their skills and knowledge in gambling and their making millions from it. People like op who see gambling as too risky, that they have to quit gambling because of their family and love see gambling as risk, scamming and unethical.
|
|
|
So in the build up to the Trump inauguration, we might see some investors hedging their wealth in commodities. Bitcoin has been very volatile the last few weeks. Do you think these investors will still use Bitcoin as a possible safe-heaven or would they rather turn to traditional safe-heavens like Gold?
Do you think this event would influence investors to move towards Bitcoin or Gold? How much would the final decision from the SEC on their long-proposed bitcoin exchange-traded fund (ETF) hamper the investment in Bitcoin by serious investors?
Give your view on this?
I don't think the inauguration will have much impact on the price of bitcoin. After inauguration I believe Trump administration will come with policy that will determine bitcoin price or influence bitcoin price in America. Though many analysis said from the body language of his appointment, he may going to be friendly with bitcoin but let wait and see what is going to happen.
|
|
|
The fluctuations in bitcoin pricing since 2014 is alarming and the only way to correct is by control margin trading and speculation's traders. For Government authorities to have interest on bitcoin there have to be some stability in it pricing. For bitcoiner the decision of bitcc and okcoin after meeting with pboc is a good development as this will bring confidence to investors.
|
|
|
Currently, bitcoin price $860 as the range between $818 and $860 continued since the beginning of the week. This is unconnected with the last week discussion between people bank of china and btcc, okcoin and other blockchainer. The uncertainty from the fell out from the meeting between the pboc and blockchainer drive between price from 1088 dollars to $750 and since the the trading has been in range. Russian is try to adopt blockchain in to their banking services, according to central bank of Russian.
|
|
|
why not just use coinbase?
Coinbase has done their own and this company is try to develop their own system that may be helpful to others.this project is good what you need is to add more features that others one did not have. To be frank with you, you will need to do a lot of testing and promotion to really succeed as most people will first see you as scammer before trust your project.
|
|
|
Thanks for bringing this up, it is important. Even if you are not old you could be in a coma tomorrow. Will anyone be able to use those coins then?
I also joined you to say op thank you for bringing up this precious topic. I have been thinking how many bitcoin and other cryptocurrencies or altcoin has been lost because many holder dead every day without their people know of how many bitcoin they have in their wallets. I have a friend who forgot even his bitcoin wallet i.d and he borrowed bitcoin into the same wallet. We should try to explain bitcoin to our love one and immediate family members.
|
|
|
Good news or bad news, it is stupid! You can argue if you like that Bitcoin is a currency, or if it is money, or if it is an asset or a commodity. I can tell you one thing for sure though, it isn't property!
It seems that you misunderstand what is meant here Most likely, by property they don't mean, for example, real estate or any tangible assets, but rather a property right, or right to property (ownership) in the sense that everyone has exclusive rights to possess, use and dispose of what belongs to him as well as no one can take his belongings from him without his prior consent. In this manner, money can also be an object of the right to property since obviously it is always in someone's ownership and possession Treat bitcoin as a property will undermined it value. You should understand that money is a medium of exchange for goods and services, if we said bitcoin is a currency then it should be used as a medium of exchange and Israel tax authority has to see it as so. Israel is try to treat bitcoin as property then it means bitcoin is goods and not medium of exchange.
|
|
|
The people bank of china has a very big interest on bitcoin and other cryptocurrencies, that is the reason why their doing everything possible to establish control over the price of bitcoin. My insight is this, bitcoin is going to be a forces to reckoning with in some years from now and the world powers are doing everything possible to establish their control over it. China, Russia and united states of America including Japan are all interested in bitcoin mostly importantly because of the acceptability of it all over the world.
|
|
|
You can create a business like site then use it to advertise google ad on it were you will be pay per view. Also the same sites can be use to promote click bank, commission junction, ebay and other websites that offer affliction programs. Many people are making great residual income daily by just investment time and money in afflicted program. Penitence, persistence and commitment is the key for online residual incomes.
|
|
|
Currently, my investment portfolios is 100% on bitcoin because except eth other altcoin can easily go up and come down completely. I read online yesterday at reddit " that if united states of American or china legalize cryptocurrencies that bitcoin may likely go as high as $40000". The probability of this is likely certain as this day bitcoin has become the focused of developed countries.
|
|
|
Well let's cross that bridge when we get there, thus far bitcoin is nothing to wage war over, and certainly wouldn't be before quite some time and major societal breakdowns.
with the rate bitcoin has become popular all over the world, it will soon attract attention that will cost cyber war. Many powerful countries including china, Russia and united states of America are concerned now on how their enemies may used their control on bitcoin to use terrorism in attack they country. Bitcoin is going to play a significant rule in future in who will be the world power.
|
|
|
About 100 migrant passengers are feared drowned in the Mediterranean Sea after their boat sank off the coast of Libya. Eight bodies were recovered from the water on Saturday, and four people were rescued, the Italian coast guard said. Source [BBC] : http://www.bbc.com/news/world-europe-38623678 I was watching a video clip on youtube last year how children were crying having lost their parents in the Same Mediterranean see off Libya coast. My question is this; This people do them have country of their own, what has happened to human mind and has the end come?. Most of these migrant came from countries ravage with war, political wickedness and poverty and they leaders live in prosperity, sending their children to oxford university and live in europ and other developed countries. God is watching you!!.
|
|
|
Today I am looking to buy ETH on Poloniex with Bitcoin for a test purpose. I deposited 0.0001 BTC to fund my account, but I need your assistance on how to buy the ETH and set the parameters on the BUY ETH box. I want to make a transaction with 30000 satoshi and have the equivalent in ETH. I try but fail ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) , need your assistance. Price: Amount: Total: of course you failed because you only have 0.0001 btc in your wallet so you can not buy ethereum, but if you only want to buy eth with your 0.0001 btc then you can do it right way. please make sure that you have balance in your wallet before you want to buy. The amount you are using is not up to poloniex purchasing balance and that is the reason you could not buy the Eth. Increase your deposit said 0.01bt and it will be easy for you to trade with.I make deposit to poloniex of 0.001btc before, I have to withdraw because of the same issue. You can used yobit since they trading amount is minimal, with yobit you can even transact with 0.00001btc.
|
|
|
Russian, "Deputy finance minister, adopted a wait -and -see approach with bitcoin and other cryptocurrencies". He said " mining or use of the bitcoin and other cryptocurrencies will no longer be seen as a criminal offence." The news is from Russian largest news agency,TASS.
|
|
|
Thanks man, since yesterday that I followed those links in gathering my fundamental analytical fact or information I was well informed. All this while, I do get information and news about bitcoin and other crypto currencies from coindesk.com, but since yesterday I find out that a lot of information and news are not published by them and I was very happy reading this treat.
|
|
|
37 here hehe, I wish I learned about bitcoin earlier. I wish I got a thousand of it while it was a few cents before. I think this is the same regret of every bitcoiner here ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Yeah, right!? Hindsight is tough to reconcile. But as I remember it, back when BTC was trading at $10 or $100 it seemed so much more difficult to acquire (outside of mining). Back then you had to wire money to a random site to be able to get it over to Mt Gox or the Blockchain. Of course now the effort seems totally worth it but back then it seemed pointless. Am 36 and from Africa. I hear about bitcoin for the past three years and since then, try to fashion out how to get it, for in my heart I believe since the day I had about it that is going to be a precious something in future, but my limitations then, was were to buy it without bank transfer, knowledge on were to store it and who will buy them from me if I want to sells it. I was able to make millions of satochi today rendering services online and I am very ok by it. From the part of the world I come from, you cannot get payment from services you rendered online through PayPal and that render my efforts uselessness, but i can appreciate my efforts now getting payment for my services through bitcoin.
|
|
|
|