Bitcoin Forum
June 14, 2024, 12:02:23 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 [159] 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 »
3161  Economy / Economics / Re: Bitcoin and Economy on: May 31, 2018, 07:44:04 PM
We all know that the development of a certain country comes from the taxes of its citizens, and we all know people who engage bitcoin don't pay taxes to the government, what will happen to a country where 80% of its citizens engage in cryptocurrency?

There is a big possibility that this things might happen In the future because bitcoin is growing faster and very known today.


It can not be said that people do not pay tax on profits in the crypto currency. In most countries such a tax has not yet been introduced. In the countries where it is introduced, the tax payment situation is different. For example, in Japan, taxes are paid by citizens and this is borne by the state and citizens. According to the latest data from the United States, there really was a bad situation with paying taxes, but it is most likely caused by a lack of understanding of the population of the settlement mechanism and payment of this tax, because it is paid for the first time. I think that in the future this process will be settled and people will pay this tax.
3162  Economy / Economics / Re: Do you approve this strategy: sell alts buy btc? on: May 29, 2018, 09:40:00 PM
I read this article, but I want to see opinions, would you sell all your alts to have only bitcoin now ? I don't think this is recommended

https://cointelegraph.com/news/buy-bitcoin-sell-your-altcoins-says-pioneering-wall-street-blockchain-analyst
No, I do not think this is a good idea. I would rather sell bitcoins and buy an ethereum. However, in this situation it is necessary to have approximately half the bitcoin and ethereum. So far, all the crypto currency basically depends on the price of bitcoin. However, I do not believe that bitcoin is able to have a very high price for a long time, at least 60 000 - 80 000 dollars. I think that there will always be those who will discard their bitcoins as soon as its price rises decently and thus it again falls in its value.
3163  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Bounty is like a Box Chocolate on: May 27, 2018, 07:34:02 PM
It's right. We, participating in ICO signature companies, almost never know how successful the ICO will be and whether our efforts and time will bring worthy rewards in new tokens. And no matter how we tried to determine in advance such an opportunity, it is very difficult and almost impossible. Even a very promising ICO project sometimes does not raise enough funds, in addition, campaigns sometimes often change the terms of payment themselves. This creates significant uncertainty in obtaining the size of payments.
3164  Economy / Economics / Re: How do you see the bitcoin economy 10 years from now? on: May 27, 2018, 07:23:32 PM
Bitcoin is growing fast and everyday a lot of people takes interest in this. I too started the other day and I am very willing to invest my time here. With that said, with the drastic growth of bitcoin worldwide, how do you see the bitcoin economy 10 years from now? Thank you as always.
Nobody can say what will happen to the price of bitcoin in ten years. Even Satoshi Nakamoto said in this regard that in twenty years bitcoin will have a lot of transactions, or there will be no transactions. I think that in many respects the durability of bitcoin will depend on how wise investors will use bitcoin. If there continues to be a rush for it to profit from its price, and it will be very little used as a means of payment, bitcoin, because of the high price and the appearance of panic, can either drop very much in value and lose its popularity, or can actually depreciate . Bitcoin should develop harmoniously and be used more as a means of payment, then everything will be all right with him.
3165  Economy / Economics / Re: The HODL strategy is not actual on: May 25, 2018, 08:52:49 PM
Of course, after the last drop in the price of bitcoin by 70 percent, many were convinced that bitcoin would not constantly rise in price. Sometimes it will fall for a long time and significantly. Many in this regard are disappointed. They thought that they would make a big profit from the Crypto currency. This in our life does not happen. Of course, the constant retention of coins and tokens does not always bring good profits. To obtain additional good profit, the retention should be combined with trade and at least on very large price rises and slides to sell and buy.
3166  Economy / Speculation / Re: SELL EVERYTHING!!!!! on: May 25, 2018, 08:38:09 PM
You have the status of a full member and you would be able to participate in signature companies and earn on it, risking only your own time. You say that in almost half a year they earned 110,000 dollars, trading on stock exchanges. This is a very decent amount. If you stopped on time, the profit would be significant. Most likely, the decision to withdraw from the crypto currency, spontaneous and caused by the latest setbacks. I think that you will weigh all the possibilities and go back to the crypto currency. This is after all a fascinating activity.
3167  Economy / Economics / Re: What if all the governments of the country united to strictly prohibit the exist on: May 25, 2018, 08:27:56 PM
Countries can no longer unite to prohibit the crypto currency. Too many states have recognized it as a means of payment or as property and many are going to do it. Therefore, a joint decision to ban crypto currency is no longer possible. Crypto currency, and in particular bitcoin, has already been used by many people as an international means of payment. As for the states, the situation here is more complicated. Their deals are prepared long and in advance. Therefore, high volatility of the crypto currency will harm such transactions. However, let's see what will happen in practice. Perhaps, various forms of calculations will be combined or something new will be invented.
3168  Economy / Economics / Re: Will governments create their own cryptocurrency that will replace fiat? on: May 24, 2018, 05:11:30 AM
Already, some states are issuing their own centralized national crypto currency. It will only partially replace the fiat, but it will not be able to completely replace paper money. Apparently, there will be various combinations of such crypto currency with paper money and securities. In general, it is difficult to predict the possible variants of such development of the crypto currency.
3169  Economy / Economics / Re: Is banking still important in the bitcoin era? on: May 24, 2018, 05:01:21 AM
Financial technologies such as bitcoin, P2P lending and crowdfunding are just beginning to take off, and businesses involved in the industry pose little immediate threat to traditional commercial banks. Banks, after all, the country's economic lifeline, so I think the bank is still very important, do you think?
Banks are important in any civilized society. Even with a very high use of crypto currency in the world, banks will vserivno exist at almost the same level, without them the state can not plan the economic development of the country and implement their plans.
Crypto currency and banks should work and will work together. It's unavoidable.
3170  Economy / Speculation / Re: Expected predictions on: May 24, 2018, 04:49:49 AM
We see that this year the growth rate of bitcoin is very small. Many people were burned when they bought bitcoin in November-December of last year at a high price and now do not know what to do with their bitcoins, which have fallen significantly in value. Therefore, the demand for bitcoin this year is not as large as in the previous one. This year, bitcoin approached the mark of 10 000 dollars, but then began to decline and now its price is namurovne 7600 dollars. Apparently, his big growth this year is not expected. It would be nice if he again reached his previous record of 20 000 dollars. But certainly he will not be able to rise up to 60 000 dollars this year.
3171  Economy / Economics / Re: why the state does not print a lot of money? on: May 24, 2018, 04:34:24 AM
Each state needs to print money for the normal development of its economy in the amount of gold and currency reserves and material values in this state. Each year the state can print money only for the amount of the country's gross domestic income, that is, the amount of goods and services produced. If the state prints more money, then they simply depreciate and inflation occurs. Therefore, everything is needed in moderation.
3172  Bitcoin / Bitcoin Discussion / Re: High taxation risk - India on: May 23, 2018, 09:52:34 PM
I know that official regulations by the government can help to legitimate crypto. However, in India they want to apply a 18% taxation, I think is too much, and investing can be demotivating.

https://cointelegraph.com/news/india-considers-taxing-cryptocurrency-at-18-as-intangible-property-reports

Would you feel more skeptical if you country apply such taxation as well? Or would you be happy because they legitimating crypto ?
I do not think that 18 percent of taxation on income in the crypto currency is very large. France recently lowered the tax from 49 percent to 13. This was indeed a high tax. In Japan, at about this percentage, taxation also starts and, depending on the taxable person, also reaches about 49 percent. Therefore, such a taxation can not be called large and exorbitant.
Specificity of taxation in India is that it is introduced from July 1, when the Reserve Bank's instruction to other banks not to carry out any operations in the crypto-currency will be introduced simultaneously.
3173  Alternate cryptocurrencies / Altcoin Discussion / Re: How long does it take for an ICO to be profitable? on: May 23, 2018, 09:41:05 PM
How long does it take for an ICO to be profitable?



After the new token is transferred after the end of the ICO to the exchange, it usually falls in price. Rarely, which token after the appearance on the exchange shows a steady growth. I somehow watched data on how the new tokens behave in price after they appeared on the stock exchange. After they are downgraded in most cases, they tend to recover in price in six to eight months, after which they themselves begin to grow. Of course, this depends entirely on the particular project. Sometimes on a project, after certain events, tokens begin to grow earlier or later than this time. Of course, many tokens after the appearance on the exchange fall in price and never rise again and leave the market forever. This is a natural process.
3174  Alternate cryptocurrencies / Altcoin Discussion / Re: 2018 year of the bear market on: May 23, 2018, 09:30:33 PM
My prediction is that 2018 is the year of the bear market. 2017 was the year of the bull run. We won't be seeing a bull run not for another year or so. People just got into crypto after 2017. Now that people realise opportunity. U must wait for the arrival. Because reality slaps in the face.
Bear can already be called the first half of this year. However, I do not think that this will be the whole year. We see that bitcoin has already recovered from the correction and the last month it shows a slow growth. I think that such a slow growth in the second half of the year could be followed by very active growth. Moreover, because of its high volatility, bitcoin can not stay in one place for a long time.
3175  Alternate cryptocurrencies / Speculation (Altcoins) / Re: When do you predict coins will be stable again? on: May 23, 2018, 09:21:13 PM
In your opinion when do you predict alt coins will be stable again?
It can be said that coins in the market now behave relatively stably. Bitcoin in the last month was gradually rising in price, picking up the altcoy, but then again dropped a little and swims now as on the waves. In practice, the first half of the year can be considered a bear market, since there has been no big rise, as we had expected to see in recent years. However, in recent times there has been no significant negative news about the Crypto currency. This, perhaps, creates a reliable springboard for a good market recovery in the future.
3176  Bitcoin / Bitcoin Discussion / Re: the quantum computer will crack the btc private key and destroy Blockchain ? on: May 12, 2018, 08:55:36 PM
if the quantum computer is mass-produced , ordinary people can use it to calculate the private key of all bitcoin wallets and take away the bitcoin inside . bitcoin encryption algorithms need innovation . quantum computer mass production takes about 3 years .
I do not think that will happen. Including because this ability of quantum computers is still in theory, but in practice, while their creation is in question. However, if such computers are invented, they will not be immediately in mass production. At this stage it will be very good, for example, under the control of the society to decipher the bitcoins, to which access is lost for various reasons. And there are more than six million such beatcoins.
3177  Bitcoin / Bitcoin Discussion / Re: is Bitcoin used to extort people? on: May 12, 2018, 08:42:47 PM
Because of the semi-anonymous nature of Bitcoin, it’s used in ransomware attacks. Hackers breach networks and hold them hostage until payment is made to them. Hospitals and schools have been victims of these types of attacks. However, unlike cash, which was favored by thieves in the past, Bitcoin always leaves a trail in the blockchain that investigators can follow.
Precisely because bitcoin is semi-anonymous, it is relatively rarely used by criminals. By tracking transactions, you can easily go to the exchange where criminals can leave their data, or simply calculate their IP addresses. I read recently that such a probability now exists and while they are considering options, how can this be removed.
3178  Economy / Speculation / Re: why bitcoin is volatility? on: May 12, 2018, 08:33:49 PM
Decentralized coins, it seems, will always be with a high level of volatility. They can not be stable in nature, because their price depends on demand and supply, and supply and demand will always change because they depend on many factors. Especially volatility is dangerous for high-value crypto currency. This primarily applies to bitcoin. If it significantly rises in price, then investing in it will be very risky.
3179  Bitcoin / Legal / Re: Criminals and Bitcoin on: May 12, 2018, 08:21:44 PM
The fact that criminals use bitcoin, and massively, is a myth supported by banks and generally opponents of the crypto currency. It has already been announced that bitcoin is used for illegal purposes only in less than ten percent of cases. For crimes, coins with a high level of anonymity are used, such as monero, Zcash, Dash. Bitcoin itself is only relatively anonymous and because of this it is almost never used by criminals.
3180  Bitcoin / Bitcoin Discussion / Re: Do you think we don't get quality Bitcoin users anymore? on: May 12, 2018, 08:00:38 PM
Maybe I'm wrong but I have the feeling that with Bitcoin price growth we have got a lot of new users who are not honesty and passionate interested in Bitcoin but only in fast, instant profit and if they don't get it they got disappointed and give up. Some of them don't even bother to get some basic knowledge about Bitcoin and cryptocurrencies in general. That is also the reason why we see so much panic selling when the price dumps. Is that only my feeling or do you think that also?
The rapid increase in the price of bitcoin last year contributed to the fact that the speculative interest of many people aroused the bitcoins and buying bitcoins, they were only interested in getting profits from them due to the growth of its price. After a sharp drop in the rate of bitcoin, these individuals suffered losses of varying degrees, depending on the number of bought bitcoins and the price of their purchase. I think that many of them have sold already and will not be engaged in crypto currency for a long time. I think that people learn, if not on other people's mistakes, they will learn from their own, the level of knowledge about bitcoin and in general about crypto-alaith should increase with time. Therefore, quality users bitcoin in time we will still have.
Pages: « 1 ... 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 [159] 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!