In our country, there is no tax on bitcoin, because it has not been recognized by the state.
China has no tax laws on digital currency.
Same with with my country, there's no guidelines regarding the implementation of taxes but the government allows the transaction of digital currency as long as you will undergo the KYC verification from the exchanges that has license from the government. Maybe sooner as the market of cryptocurrency getting bigger, they will implement taxes. Hope that taxes is not high so we can still enjoy this blessing from digital currency. In my country I haven’t heard of the government governing on bitcoin tax. But if that will come I just hope it goes well to the people for the betterment of the country as a whole and not to some individuals for their personal interest (corrupt politicians) only. |
|
|
|
Bitcoin effect positive impact on my financial. I am richer now, as a worker in corporation, our every day life is on afraidness because our boss can firing us anytime. It is not healthy life. By opportunity of side income provided by bitcoin and other cryptocurrency, my life become better, I plan to create my own business. May be just open small store for starts. And if it can be bigger then maybe I can create my own cryptocurrency with my business concept.
The biggest changes in my life since I started this bitcoin thing is that I become more active in the internet. Not in social media anymore which is time consuming yet unprofitable. I know now how to give priority to what is more important to me. And that is to make an extra living like this bitcoin stuff that is really a big help in terms of increasing my monthly income. |
|
|
|
You are not late in this field. You still have a lot of time to do some research and learn more the world of crypto. You are lucky enough to know this industry earlier than others. If you are eager to be a crypto trader and you are a fast learner, you can catch up and can earn tokens quickly. But in terms of ranking,, you are a bit late. Just be patient. Begin pursuing about cryptoworld, know the hazard and its potential later on. Continue learning to the point that you got what it takes and guts to contribute on cryptocurrency market. By the way, welcome to cryptoworld!
Hey there, I certainly say you are not late or shall I say we are not late since we both are in the same rank. Although, there is a new merit system added in the feature of btc that may slow down the rankings we are definitely just on time. Goodluck to us and all bitcoiners in the world. |
|
|
|
Japan already made bitcoin a legal currency. Would you consider your countries to also pass a law recognizing bitcoin as a legal form of currency?
In my country there is almost no talk about bitcoin and anything related to it even then some laws are going to be passed but it does not recognize bitcoin as a currency and to me it makes sense, that happened in Japan because the level of adoption there is insane, and the government is trying to find ways to stimulate the economy and this one was an easy one since they did not need to do anything except to pass a law. Who will be responsible for the consequences? Governments cannot predict the consequences of legalizing cryptocurrencies. Therefore, it is easier to ban the cryptocurrency. Each user of a cryptocurrency is worried about his well-being. Therefore, there is no unity in the bitcoin community. If we could stick to a General strategy that can be a lot of misery we could avoid. But it's the lyrics. The consequences of legalizing bitcoin? Bitcoin is not like alcohol or some other substance, bitcoin is just a coin and it does nothing by itself, if the adoption is big then that is going to bring prosperity to the country if it is not then nothing happens, the only bad consequence of this could be some criminals using bitcoin but that is inevitable after all criminals are going to use something whether it is legal or not. In some countries bitcoin is not adoptable because of its volatility and tax revenue issues. The government are still in the process of providing a regulatory control to avoid its users of being victimized by hackers. To ensure the proper knowledge of bitcoin process. Eventually and hopefully sonner they will accept the reality that bitcoin is our future and our future global currency. |
|
|
|
Dont 'over invest' would be a quick point. Just that worry alone forces bad decisions, some of the people who gained most did so because they committed and were able to forget the idea of selling, not going to happen for anyone taking big risks so dont Losing money is very stressfull, so I was just wondering... are you cutting your losses or you will hodl your stash untill 2020 and more following an "all or nothing" strategy?
Money is ultimately all about security and storage of value, if the market is stressed then it shows in that balance between those have gained and those who have lost. In the price that probably matters a fair bit to market confidence. Thats why Bitcoin has to form an economy, continuous revenue streams are important to stability. Nobody in the world can always work all day every day, everyone has to rest and pass the baton and its a natural process in global trade daily every hemisphere comes into focus and passes value to the others. I dont think plain Bitcoin gains anyway, it has to be part of some business to receive proper growth. There has to be more applicable businesses out there but I think holding some bitcoin in a gambling operation who require a float is more valid way to hold value in crypto economy. At least some holding, I generally disagree with the whole all or nothing thinking as nobodys absolutely sure whether high growth ideas will survive or thrive? The ones who lose money’s in bitcoin are those who went panic selling. Who sold their bitcoin on low price than their investment because of fear to lose more. So, to avoid lossing in bitcoin one should learn the value of patience specially these times. |
|
|
|
I'm not sure that you can predict the success of the project on their bounty manager. Although most likely a good manager won't take some scam project.
Me, I like Mr. Ahmedjamal he is very active in replying personal messages. Always ready to answer if you have something to ask or you need to clarify something in the bounty. Very supportive in the entire campaign and trust worthy. |
|
|
|
I think it’s a matter of when, not if. Crypto is the currency of future because fiat will fail at some. Like many have said, banks will probabaly resist as much as they can but you better believe that banks already have contingency plans on how and when to adopt crypto. Banks and their shareholders love money, whether it’s fiat or crypto, it doesn’t matter much to them. The only reason why they are resisting and will continue to appear so is to buy time to figure out how to take control of crypto space.
Different banks in different countries have different issues on bitcoin as a digital currency. Off course, they want to regulate currencies to avoid money laundering and any form of crime.The guardians of the global economy have two sets of issues to address. First is what to do, if anything, about the growth of the private cryptocurrencies that are grabbing more and more attention for a host of reasons: security concerns after a $500 million exchange hack in Japan, volatile price moves and in the case of Bitcoin, at least their introduction on regulated derivatives exchanges. The second question is whether to issue official versions. While The European Central Bank has repeatedly warned about the dangers of investing in digital currencies. Basically fiat against digital currency they wouldn’t want digital currency to become a preferred currency of the people around the globe if that happened in the future all banking institution will die. |
|
|
|
I'm really curious if market pump celebrations affect BTC and how?❤❤❤
In what way do you think it will? I dont think so. I cannot see and think any reason why would it affect bitcoin price. Probably will decline more?  Men will be spending money for their dates this valentines so instead of buying bitcoin they will spend it in diamond rings or any other expensive gifts they could give their girlfriends instead.  There will be an effect but its so minimal that we cannot even notice. Most lovers would rather spend their fiat money instead of bitcoin this valentines day. Their gift maybe not that expensive so their pocket money is enough to spend during that special occasion. |
|
|
|
they say gold better is not wrong because gold is rarely the price drop like bitcoin but gold can not like bitcoin that can rise many times in 1 year gold can only crawl up bit by bit
Many people choose gold rather than bitcoin for several reasons including the price where in gold the price keeps on increasing and no way decreasing. In bitcoin, the price is volatile and unpredictable you dont know exactly when it increases and decreases. Even if bitcoin is more profitable in terms of short term investment they still prefer gold because of the assurance thats its price will not below its investment. |
|
|
|
I don't see news as valid information nowadays, if i want to inform my self about some information like running projects or incoming projects i prefer to get inform from the actual sources like the developer or their official channels, eventough i still read the news but with reverse psychology perspective, that means i do exactly opposite what the news told me how to. So basically i just don't care what the issues out there i just hold for the long run. Put trust on the project.
I often read and listen the news about cryptos and the like but I don’t mind them, they have nothing to do about it anyway. I would prefer reading the forum because I don’t want to me misinformed the fake news and chaos outside bitcoin. |
|
|
|
This is a good reminder for us to always stay positive to attract good things in life and in investment. Though, we shouldn't only rely on the bright side of life and be as realistic as possible. Study of chart movements and research on crypto news will be and edge when it comes to investment. Patience is a good thing to acquire too.
Inspite of all the negative news and speculation of bitcoin around the internet and local medias, my positive perspectives of bitcoin remains the same. I know bitcoin is our future and no one can stop that. |
|
|
|
I don't have any story to tell but based on my knowledge gambling most of the brings you loss instead profits. So as long as you avoid gambling then your safe.
Gambling is not wrong because the gamble is based on his own desires and ready to take the risk .. because the gamble victory is only a factor of luck and if it will continue to lose everything .. so gamble that no one forbids the origin of ready to accept defeat or loss. It is wrong when the money you use on gambling is not your own money or you just lend money from other people. It is not bad to gamble as long as you know how to control yourself and not become addicted to it. |
|
|
|
Are there any optimists left? Is $100K still possible even by 2020 or 2021?
Are you among these strange optimists, man? I suppose it will be difficult to BTC even to reach 25 thousand this year. I am one of the optimist people that still have a strong faith in bitcoin. Even with the present status of bitcoin value I still believe for a big bump to happen. It won’t take long. Everyday brings a new hope that it will come back to normal. It is just a matter of time. |
|
|
|
Hello...Friends
Today most of the Altcoin goes Down. So what's the benefit for me Hold or Quit out from the Crypto market?
If you stay out from the crypto market you will not gain or earn anything, you just watch while others go with the flow. If you hold, you understand that there is risk to win or lose. But when you hold you may earn money if it pumps or gain experience and lesson in life so that you can improve your skills in crypto trading. quitting are one of the result that you are accept what you may have to loose for and in trading losers are not allowed to be part of so better to make some way on how you are may be able to make some way that you may continue here in crypto world nothing may become more impossible here everything are possible to be just keep on fighting and you may earn here. If you have invested lately and you are disappointed because the price of bitcoin and altcoins are low, dont think of quitting. Hold it a little longer to avoid loosing. The best us yet to come so just be patient. It is a part of the whole process so don’t lose hope because if you quit now you will surely regret it: |
|
|
|
I do not think we all know that bitcoin users are global and if the Chinese government banned bitcoin then the impact will not be felt, everything will improve even without china.
No, it wont happen. Bitcoin remains and stays what it is despite of China’s banning of all cryptocurrencies. Even without China the bitcoin community can survive because it is in no way dependent to just one country. Bitcoin and crypto market will continue to be profitable and investment wise. |
|
|
|
It can not eradicate it, it's not a miracle, it's just an open market for people who have the possibility to participate.
Poverty is something that a bitcoin has nothing to do with. It is a global issue and is very hard to solve. It is impossible to eradicate knowing that many countries are suffering from poverty due to unemployment because illiteracy. Many children are suffering from malnutrition and often die in a young age because of poverty, lack of food, medicines. Mothers die during child birth due to lack of medical attention. And bitcoin has no power over this problem. Its the people who must come together to help one another to help those who really need the most. |
|
|
|
number one is media
There are many factors that affects the downfall of bitcoin, it includes the negative news circulating in the internet and televisions. While experts are pinning this latest dip on factors including government threats to regulate crypto trading and recent UK bans on purchasing digital currencies with credit cards. Not to mention china who started blocking anyone in the country from accessing websites that provide cryptocurrency trading. And whole lot more factors that caused its downfall. Despite an increasingly bearish market, many experts are confident that bitcoin can recover from its poor start this year. |
|
|
|
I would say if I would give my money and time management a percentage I would say it would be around 70% good,
I could manage my money well enough but I would always end up short for something.
Like I would right a note where should I spent it and how much should I spent on it but I always end up overspending on something.
Time is money because time is precious, you need to spend it wisely like money. Yes, wasting time is same as wasting money. So, spend your time to what is important and what really matters. Spend it to our family our love ones. They say money makes the world go round but it is also important to balance the to make a better life and better perspective. Sometimes money is deceiving, that’s why be sure to control the money and not make the money control you. |
|
|
|
Do you an experience of investing in ICO? Was it a good experience? Have you raised anything?
I started in ICOs about four months ago. I have been able to encash once, and for now, the project that I am joining is not due until late February, so I am hoping it would be successful. My first ICO was partially successful, although it didn't reach its desired coin value, the developers are honorable and truthful enough to still pay those who joined the ICO, although at a lower price, and that's better instead of getting nothing. I think ICOs are good means of earning coins and tokens; its just critical that you choose one that would be successful or at least has a higher chance of being successful. I haven't invested in an ICO so far but I have heard a lot of good feedbacks about investing an ICO. They are legitimate and is really profitable. Although we cannot deny there are lots of scammers, it is important to know how to identify the real ICO to keep your investment safe. In time as soon as I have money I consider it I want to try my luck. |
|
|
|
Absolutely yes. Bitcoin has become a great winner for every investor, big or small. I think many millionaires invest in this investment which is in a more valuable position for big investors especially because it is not affiliated to any center. This economic element, which contributes to the earning of money by every person, will certainly have an important role in every kind of economy.
Yes billionaires invest in bitcoin, I have known a bigtime businessman who own a huge businesses in the country. He invested in different altcoins when their is a drop in price. Many billionaires nowadays are attracted to invest in bitcoin to double or even triple their money in a short term. They also use it to keep their riches away from being taxed. |
|
|
|
|
Show Posts
