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All of this are mere speculation which chances of happening is slim as we are already in 2018 and there is no chance that they will even implement it. Eventually if they allow ICOs, I don't see it as being popular as it was in the past because this new era will come with lots regulations, licenses, verifications, filling of application of funds with supporting documents, I doubt if lots of developers will want to go through that stress to raise funds.
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Nobody is going to give you better advice than a lawyer specializing in tax matters. Some of them may accept bitcoin. In my country they do.
This is the best advice you can hope for because you situation is unique and only a lawyer or a professional tax consultant licensed to practice can give you such right information but with someone who have knowledge of the kind of business you are operating as well as how crypto currency works. Based on this, the only thing I can think of is you paying a form of personal income tax and not company tax only if you register you company. All you will need is just to file the necessary papers but a stationed professional will serve you better. Hi community
my agency incorporate in delaware , but i m not a us citizen , my agency does not have a bank account but we have an EIN . I would like to know how to shore to IRS my income ,Profit etc.....
I charge all clients with bitcoin and i use my personal paypal to pay hosting,maintenance and other fees.
I sold items for 29 bitcoin from july 2017 to january 2018, 25 btc still stay in the wallet and we exchanged 4 bitcoin in USD to pay other fees.
Can someone here provide me some ideas please?
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https://news.bitcoin.com/japanese-crypto-exchanges-self-regulation-coincheck-hack/The Japan Blockchain Association (JBA) has previously established self-regulation standards which its cryptocurrency exchange members voluntarily adopt. The standards include “the maintenance of cold wallet, etc., under the consent of the related members,” the association announced on Saturday after one of its members, Coincheck, suffered a hack which led to an approximately 58 billion yen loss on its platform.
The association currently has 127 members, 15 of them are crypto exchange members and 35 are blockchain members. Among crypto exchange members are Bitflyer, Coincheck, GMO Coin, and Bitocean. Bitflyer CEO Yuzo Kano is the association’s representative director. According to the JBA’s announcement:
The fact that the maintenance of the cold wallet was delayed caused the current illegal outflow. It is very regrettable.
Japanese Crypto Exchanges Strengthen Self-Regulation Following Coincheck HackThe association noted that the Japanese Financial Services Agency (FSA) has alerted the representatives of each cryptocurrency exchange regarding their security. “We are looking for further measures,” the JBA emphasized, adding that its crypto exchange members have been told to “check the status of [their] security based on the possibility of cyber attack.” The association noted:
In the future, in order to appropriately secure the security of virtual currency exchange traders…we will establish stricter voluntary regulations and seek compliance with members. It looks like the hack is down to someone accessing the cold wallet - an insider? This is what is expected to happen and even beyond the self regulation that they are now proposing they should equally be more concerned about making people responsible for the hack as well as putting plan in place in other to compensate those who lost their funds and forestall situation like this because any thing short of that, is a waste or energy and resources as another one is about to happen and the same story will repeat itself again. |
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I just wanted to know, if there any reliable crypto fund/portfolio managers available in the market.. This is just to know if there any such services available..
Yes we have if you look farther but don't be surprised at what you will find because if the meaning of portfolio managers mean the same thing as what we have in the fiat world then there is high chance that you will fall in the hands of scammers and the reasons is simple because there is no basis or deposit capital or registration of any sort for one to be sure that they are not leaving soon, and be cause people wont be interested if they promise low percentage, they promise high which they won't be able to meet which is a signal for scammers. |
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Hello, I have heard a lot of things about sun mining good and bad so I was just wondering if someone could clear it up for me if sun mining is a scam or not?
Just the name alone makes it sound scam even before I open the thread. I don't know why people still asks to be part of a cloud mining if you cannot afford a miner or a mining farm, just keep your money or find another productive thing to do with it and not cloud mining because to see one legit cloud mining site with a clean review, would mean the site is just coming out today which is not even enough to rely upon. Cloud mining is never the way, feature somewhere else let those with rigs handle the mining. |
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BTC went up - alts went down, BTC went down - alts went down, this was the case before December, when cryptocurreny market pumped last time.
But according to coinmarketcap BTC dominance in crypto market is 34%, though it was more than 60-70% on September, doesn't it mean that people started paying more attention ta altcoins and so alts eventually becoming more "independent"?
I don't think it will happen this year or even next, but don't you think that some top altcoins may bypass bitcoin in the near future?
Sometimes when argument like this are made I just laugh because with hundreds of coins and several hundres more as token with several more coming out on a daily basis bitcoin alone was able to corner 34% in the market while others try to get as much as they can from the remaining 66% and even the 34% is just a matter if days which might increase to any percentage in a matter of days. For that reason,, I am not bothered. |
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Tax is not an optional decision to be made. Its a compulsory thing a lot of those even paying today would want to avoid it if they have their way but no. The government has put in policies and machineries in place to ensure that there is little evasion of tax and the moment government is making room for tax to be paid through bitcoin, then there is no way around it because every loopholes will be looked at and ensure that it is blocked to a large extent.
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as a lot of begginers, i'm interest of participation in bounties! And want know more about it.
You are a junior member on the forum and don't know how to be part of a bounty programme showed you have not been following the events of things on the forum and even visiting the right section of the forum. Bounties are found in the Alternate section of the forum specifically the market place sub section https://bitcointalk.org/index.php?board=238.0 all you then need is to find which one you can be part of with the requirements and the rules. There are tons to join in. |
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I am writing this for those newbies like me who wanted to be a trader but doesn't know where to start. I know what you feel guys because I also started without knowing anything. I always wanted to learn and I always asks my friends about every little things to the point that they get annoyed (maybe) lol. First, you need to understand what kind of world you are going to be in. For example make some research, about the coin you want to invest either btc, eth or both it really depends on you. Now if you understand what cryptocurrencies are, learn how to read and analyze the charts, most of the charts are using candlesticks. I also watched videos in youtube because I am more comfortable if someone is explaining it to me than reading. If you already know how this works and you think you already know enough then you can start investing what you are ready to lose, don't get me wrong even if you studied the pattern, coins are very unpredictable, that is why you are not always earning there is always a loss. You can build your own strategy. Your one most difficult enemy is also yourself, or your emotions, you must control your emptions and be patient. If you are not patient enough, I suggest not to continue trading for your own safety.  just research everything, ask your friends, ask google, watch videos from youtube and read here in forum. Buy low sell high and a buy and hold game. I hope that there are veterans in trading who are willing to give their ideas and advice. Thank you! You have actually put up a good write up there and that is the basic thing a newbie needs. I want to believe that for you to understand this badsic thing you are moving gradually from being a newbie but theory is always more than the practical which fills the gap of experience. The place I see importance should be attached is the emotions because that part is where you see decisions being made based on impulse and not on objectivity and at the end its loss that will come out of it. |
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I entered Crypto market for 2 months and usually see the term "pump and dump", and some P&D groups. But i wonder they pump by selling and buying themself, so when price go up, who will buy it for them and they sell that for who??? With Blue-chip coins, someone could buy when it've pumped already because of good news. So with trash coins, who'll buy this pumped coin and why many PP&D group still live until now  You don't understand how it works when they pumped the coin, the price starts increasing and if you are online at that point in time you are just wondering how its increasing and the exchange site with statistics will show you how that coin has done in the last 24 hours. People who buy are those who believes that as it is increasing, I can hop in then cash out no knowing that the upward turned is artificial and cannot only be sustained short term. |
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Danger is very close to us, good operating habits are safeguards Crypto exchanges are hackable and this is a proof https://cointelegraph.com/news/japan-coincheck-exchange-freezes-all-withdrawals-as-up-to-723-mln-leaves-its-walletIf you are seriously interested in crypto, you should have hardware wallet. DO NOT BUY hardware wallet from Ebay, amazon, etc... Buy it directly from the site. I will find tomorrow best hardware wallets and share with you. I have Ledger Nano S and everyone should have one because it is not smart to hold all money on exchanges especially on 1 exchange. Japan: Coincheck Exchange Freezes All Withdrawals As Up To $723 Mln Leaves Its Wallet Coincheck crypto exchange appears to have encountered problems after a freeze on NEM operations spread to all other currencies. If people have stick to the basic rule of not keeping your funds on exchange sites, all of this would not happen I wonder the amount of people who would have been in sorrow because of the ineptitude of some people in charge of ensuring the security of their funds. Advising people to get an hardware wallet is like beating a dead horse because those who will buy have already done that while those who wouldn't will hope they don't fall victim until they do. |
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I am just happy with the way you explain all of your activities in the past couple of days and even though short, you have learnt something great which is touching the highest ebb and losing all. When it comes to trading, it takes some amount of confidence before one can make profit and I have learnt that for the fact that a coin is rising does not mean its just going to continue like that because such increase might be as a result of some pump group some where especially when the coin is not popular one. You might end up making money for other people.
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Recently there have been many threads in the services section for hiring crypto writers.I even applied for one and that guy paid me $15 for an article on a particular altcoin.I am really curious to know where do these people post my/our crypto articles.
If they are paying $15-20 for a simple article then they must be earning more by posting our crypto writings.
I would be glad if someone could enlighten me about this platform where we can earn by posting altcoin articles.
Now you want to know what they use it for. Everybody can feature in every thing. A lot of singers have their songs composed for them and what they do is just to sing it and people will even adore them than hearing it from the composer of such song. Does that them mean the composer would be better off singing it, we don't know but he has been compensated for a job well done which you have been paid for. Whatever they are using it for, is none of your business because the platform they use it, the risk they take to be there, you might not be able to take such. |
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I fail to understand how it's hard to notice that people aren't just going to give you access to their rigs and ASIC miners and pay you profit from it (without it being a scam) or that these lifetimes contracts are actually going to lead to profits, as companies like gensis mining are only going to pay out if its PROFITABLE FOR THEM AS WELL.
What's so hard to understand here and why are people, joining into this cloud mining scam?
Sometimes people just decide that they have to do something the same way some other people do it and be expecting different result. Its an outright a foolish decision but its because of the normal nature of humans to be greedy by putting small amount and expecting some maximum return without having to do anything at all. So, the cloud miners will continue to have their ways, newbies will continue to flood the market and until when they are bitten, they don't learn. |
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Sincerely, this is more than the ordinary because even those transactions that happen after yours have confirmed and you paid a decent fee for it. I did one yesterday and paid less than 50sat/byte and it still confirms within the hour. I suggest you try ViaBTC and rebroadcast rather than accelerating it because to me acceleration is if you pay a low fee which in this case is not. |
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Graft Blockchain Launches Mainnet Ahead of ScheduleGraft, the first global, open-sourced payment gateway blockchain network designed for Point-of-Sale, moving ahead of schedule and have launched its main net on January 16, 2018, before the start of the company’s Initial Coin Offering (ICO), which starts on January 18. Graft is a rare ICO project with its own blockchain. The team is so dedicated to mainstreaming cryptocurrency and making a merchant-friendly solution that they have developed a blockchain that is built around the merchants’ systems and processes, bringing together the most advanced techniques in the space and resolving the issues with the other cryptocurrencies. Soon, merchants with Graft will be able to accept crypto at the point of sale as easily as they do with cash or credit cards. Running on its own blockchain sets the GRAFT project apart from its competitors that are based on the ERC20 tokens. As such, the Graft blockchain-based network will not be subject to the underlying Ethereum blockchain conditions such as latency and fees, putting the company in a strong position to be able to offer optimum payment services. Since the introduction of bitcoin, blockchain technology has been said to change the financial system forever. However, nearly ten years after the launch of bitcoin, not much has changed in the traditional financial system due to the impact of blockchain. One of reasons why the adoption of blockchain-powered cryptocurrencies has not gone mainstream is that many of the existing cryptocurrencies were not designed to be effective as a transaction medium (at point of sale) relative to the existing options such as credit and debit cards. At present, using bitcoin and many other cryptocurrencies is more expensive for consumers than credit and debit cards. A consumer could pay up to $30 in transaction fees. In addition, existing cryptocurrencies do not offer merchants, who are unsure about the legal or tax implications of accepting cryptocurrency payments, the freedom to decide in what currencies (fiat or cryptocurrency) they would like to cash out. Graft is on a mission to solve these existential problems and mainstream the acceptance of cryptocurrency. Transactions on the Graft Blockchain would be confirmed in real-time and transaction fees will be a fraction of those of existing cryptocurrencies, and will be driven by the transaction amount rather than network load as in the case of bitcoin. The Graft Blockchain is also built to encourage micro transactions. Moreover, Graft works with existing payment behaviors and infrastructure, allowing merchants to accept payment in both local fiat currencies and cryptocurrencies. In other words, Graft enables crypto payments to work as easily and conveniently as MasterCard, Visa and Amex. https://bitcoingarden.org/graft-blockchain-launches-mainnet-ahead-schedule/ This is truly a milestone that is not common with projects that we have seen as a lot would have even completed the ICO only for investors to start waiting for updates and response from admin to know the status of the project to the point of mainnnet but this is something commendable because it shows the level of preparation the team on what they project is and how successful they planned it to be. The next is the wallet which I am hope that it should happen soon since I have seen users making request for such. |
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Future of online currency will be a mainstream or it's popularity will wane?
I think a few years Bitcoin will rise in price. Experts predict the growth rate in 2019. Bitcoin will be worth more than 20 thousand dollars. When people make predictions like this, there is need to support it with basis or else, its just a mere wishful thinking and price don't just increase based on things like that. Whether bitcoin will become a mainstream currency, its a chance at the same time whether in the next year we might have moved to something else, its also a possibility. So everything is based on chance and nothing is certain not even what will happen tomorrow. |
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I'm a newbie and have been into crypto for a couple of months now. I must say the advice from other members about not checking trades too often is very good. One can become obsessed with it, and I think the thrill of the "win" can be quite addictive. Similarly that depressed feeling when the world is "red" can be deflating as well. There must be a "happy" medium, if one is to maintain a balanced life.
If you like yourself, the best is to stick to investing longterm and for those who advises such, its not because they are not conscious of the happenings around the ceypto world, but because checking regularly would not only give you unnecessary stress, it could also make you take some decision that you would not have ordinarily taken if you had been more relaxed and those decisions are not always the best. |
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It took about 2 years for bitcoin to increase value from $1000 to $10,000. What is the chance that bitcoin cash would also go up to $10,000 in 2020?
It won't take that long for BCH to reach that level because its riding on the popularity of bitcoin rather than starting from scratch but that is equally dependent on some issues bitcoin itself is having if it goes unabated but that is being taken care of even if its temporary bitcoin now have low transaction fee with reasonable confirmation time. If this is kept consistent, BCH might have a long run to achieve that feat if people don't even switch totally to bitcoin. |
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What he is saying based on my understanding is that the address that the fund is, is not in his wallet after he sent it to but its showing on the address on blockchain just like every public address. Which means even if you use a tool like wallet explorer, you wont see the address listed and there is no way to get a private key for an address that does not exist in your wallet. I am thinking that he should just go ahead and use tools that is being use to generate private key from blockchain to know if the address in in there somewhere.
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