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If you invest that amount in coins then theoretically you can earn more. But you are a beginner. I think you have enough experience and are therefore too big a risk of losing your money. When you buy mining equipment you will receive a guaranteed profit. I think it is more reasonable.
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All I can say about it is that treat this problem easier. Think not that you lost your coins. Think about that for these coins you bought experience. Perhaps in the future with this loss you will be more careful and keep more coins than lost.
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There are agreements between countries for avoidance of double taxation. If you pay taxes in one country then in another country, you no longer have to do that. As for real estate transactions the tax is paid by the seller. When you make a transaction in the contract will contain the price in pounds. With this amount, you will pay the tax.
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At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.
I think the government can actually take advantage of bitcoin. if bitcoin in a country is legalized it will invite foreign investors to come and invest their money into the country in bitcoin form, if this happens it will have an impact on the growth of the country's economy. You are wrong. Bitcoin users are not investors. There are a small number of investments made by citizens of countries that exchange bitcoin to local currency. It can be considered an investment but they are too small to participate in the statistics. In General, the government is the enemy of bitcoin. |
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If in your country there is no explicit prohibition on the use of bitcoins there is nothing illegal in such transactions no. In addition, such an operation is impossible to track. In my country very few people that use bitcoin. So I put the money through the exchanger to a Bank card. Even such transactions are not tracked.
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Sorry Yahoo. I can not leave feedback in this thread. It can be considered spam. I was involved in several companies which were run by Yahoo and I have never had problems. If he has a claim that they are justified and there is always a chance to correct mistakes. I recently saw that someone was trying to blacken his name. It's not fair. It seems to me that this is due to the competition. In recent years fewer companies and everyone is fighting for the opportunity to earn by any means. I don't even want to remember this false thread. Yahoo pay no attention to the envious. On the forum a lot of people who respect you. I hope that the owners of the companies will understand it. Proof of my words is that any company Yahoo completely fills all slots for 1-3 hours.
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Now bitcoin and all the crypto-currency in general are very unstable because of the recent events in China. If there are issues with the prohibition of circulation of crypto currency will be solved successfully for it, then there will be no obstacles for bitcoin and it will start to rise sharply in price and it is quite possible that by November it will reach $ 5,000. Otherwise, bitcoin will be restored a few more months and by November this course will not reach.
Everyone is talking about the problems in China but who knows the specific of Chinese who felt the pressure of Chinese authorities. It seems to me that this is a fake that was intended to minimize the price of bitcoins and vozmozno the Chinese were buying up cheap bitcoins. May be they want not only to be leaders in the mining but also to be leaders among users. |
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I never trusted banks. I do not understand why they need to store bitcoins. Good Xapo wallet, I use it. They have the opportunity to open a plastic card with bitcoin, but the purchase cost more. I do not understand why it is necessary for someone. Everyone is trying to parasite on bitcoin but it seems to me that there is no best deals.
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The price has been raising uncontrollably since last week !!!
However , Chinese will public their decision of Cryptocurrency on 30/9
Do u think the price may keep raising or decrease ??
The BTC price will likely stay up because yesterday the price remains stable at $ 3.7 in the long term, I'm sure the price will be 10k soon, but the bitcoin development is hard to read, we can only predict with very little possibility 10k honestly doesn't seem to realistic right now. The best we've seen so far is nearly $5k, so come one, a year might pass before we see that price. Yet I'm glad most of people voted for yes, because I'm waiting for btc to become worth $4500 sometime soon to sell some of it. Unfortunately, it doesn't really grow more than up to $4200 or so. If only there was some good news ahead which can cause the growth.. Expecting a pump from bitcoin is not realistic now. China won't announce a positive thing for bitcoin, so we better be careful these days, Gotta follow the market carefully. What it means to be careful. For traders now the situation is not the best but most people are not traders. Almost all keep their savings in bitcoin in the hope of becoming rich. For them it does not matter the price of bitcoin now. They are determined to keep it for many years. |
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I use hashing for RX 540. I dispersed them. It works stable at speed 29680 Mh/s Ethereum + 874.961 Mh/s Decred in the mode of dual mining. I do not know a lot or not but this is my stats. I can't say that in dual mode mining greatly increases the income but 20% plus.
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The level of production they are about the same to produce as AMD 4 series. But there is a big disadvantage of these cards. They are very energy intensive and strongly heated. You say that the power consumption does not interest you but you need to approach this from the other side. Power supply which can power 4 GPU 4 or 5 series it will be enough for 2 HD 7990. This additional cost. You may have to install additional blowout.
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This is not so. Bitcoin is of great importance in real life. No matter it helps you make more money or not. Bitcoin is a completely new approach to the economy. This is an opportunity for people to feel their own strength. With it, people will be able to dictate terms to the government. You just need to understand it.
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The price of cryptocurrency is very difficult to analyze. Those traders who say that make a successful deal thanks to his analytical mind lying. In the market of cryptocurrencies can be earned only through luck.
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Stupid thoughts. If there's anything you get effortless that you will never learn to appreciate it. I think that most likely you will lose all bitcoins donated to you during any risky operation. In order to be rich you have to be worthy of it.
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Its true a million dollars isn't enough to be rich anymore. Where i am in the UK you will spend half that on a reasonable house alone. Its not enough to quit working or live a fancy lifestyle. You can however live frugal and make that money support you over a lifetime if there are no wars or giant economic collapses.
Economic failures haunt us regularly. It is not possible to avoid. Look at the price of bitcoin. It is a reflection of the hyperinflation of the dollar. Before the emergence of the phenomenon of crypto currency alternative to the dollar and gold was not. Now a new era began. |
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China can not ban bitcoin networks, can not ban anyway just trying to close stock exchanges, this bans storm will be one step beyond mining ban, nothing to fear.
Yes,but most of the markets are red now. We can see bitcoins falling down with all other altcoins with red markets. It might be due to the fear that china is banning bitcoins but in real, they cant just simply ban bitcoins. Bitcoins are now a widely spread global network of payments and also many peoples have already adopted bitcoins as there main source of income. Yes, bitcoins is used for some illegal ways but it is mostly used legally for making some good profits. There is no such huge reason for china to ban bitcoins. Perhaps china is banning the ICO and not actually the bitcoins. We do not see concrete actions. All are guided only by rumors. For me this is a good signal. When we first see panic and drop prices, then the price rises. I do not look at the price of bitcoin. Only when the price soars to I sell a few coins just in case I don't have Fiat. If the price is low I can always pause and live at the expense of my Fiat. |
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it isn't really bad though! it mostly depends on the options that your credit card offers. in some countries the banking system is not as horrible as you see in US for example  besides you have to find a way to get the money to exchanges to buy bitcoin with, if you have better options of course you should be using those option to buy bitcoin but if you don't have then you are left with only 1 option. Everyone should be able to assess the situation and then to answer for their actions. I am not a supporter of loans. I know many people who destroyed their lives in this way. I can absolutely free to use the loan for 50 days, but I try not to do it even when I know that I can make money on it. |
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Bitcoin reducing unemployment? Well it might for a few people but i don't think it can be that much rewarding, I'd say job is the best option for anyone, but of course, for unemployed people earning bitcoins would be a good idea because something is better than nothing.
And if you're unemployed you can focus here in forum and you will learned a lot , and if you learned a lot you will have an idea about cryptocurrency and you make a way to do to have a bitcoin , it is really good to those people who always stay in their house . Yes if someone will focus in earning bitcoin then he/she will be successful in this industry there are already a lot of unemployed people who earns bitcoin because its easy to earn it online. All you have to do is find out how Your mistake is that you do not share of the unemployed those who cannot find work and those who do not want to work. Those who cannot find work are very few and usually they are temporarily unemployed. The majority of the unemployed want to work and they like to live off welfare. Bitcoin will not change this situation. |
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I called around some stores to see if they accept BTC, no one has even heard of it except like 0.1% of people. Wait till people actually find out this exists...
The sad reality about bitcoin is this yet some people wants to make it legalize already. How can you make a thing to be legal if it is not yet that popular? I think people should teach people how things work on bitcoin in that case people will recognize bitcoin. This situation will continue for a very long time. All users of bitcoin keep their savings and hope to earn on the price increase. From sellers there is simply no demand for the purchase of goods with bitcoin. There is no demand there will be offers. We need to change the approach to the use of bitcoins. |
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It seems to me that the most reliable coin was is and will be bitcoin. All altcoins as the stars in the sky appear and disappear, but in their place are born new. The main task of the altcoins that serve as a damper for bitcoin and not give him the opportunity to be a monopoly in the cryptocurrency market.
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