There is difference between showing kyc to exchangers or giving them just your bank acc for them to send money to you. Now days kyc is biggest problem! I think we need exchanger who dont ask questions just deal done thts it. Kyc is pointless... money loundring Cmon... people do bad activities still with kyc. Money is money ! There are many exchange sites you can use without doing KYC but most of them are low volume exchanges. But come to think of it, is there any crypto exchange that will pay you through your bank? I yet to see that. Maybe it's because of the part of that world I live in.
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i think they take advantage of moment to buy, so get a cheap price. and so slowly the price will rise, so that many people will follow it to buy btc. and in the end the price will return to normal
Yes indeed. This is the best time to accumulate more coins before the price rise. I just can't believe ETH is at this price. Let's keep buying at lowers price.
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Governments are not threatened by Bitcoin at all, because they still control most of the on-ramps and off-ramps for Bitcoin to Fiat conversion. They are in bed with the Banks and other financial institutions, so they still have control over a vast area of the financial system.
Bitcoin just makes certain things more easy, like :
~ Granting financial privacy and freedom to citizens. <No more snooping in on what people are using their money on> ~ Capital Flight ~ Tax evasion ~ Global crime and cross border transactions ~ Terrorism funding <Their perfect excuse to terrorize people> ~ Removing the 100% control over currency manipulation and creation.
So, until some kind of solution can be find to prove them wrong, we will have to accept that they will be hostile towards this technology.
You just took the words right from my mouth. I see Tax evasion and Terrorism funding as a main point why governments find it difficult to fully endorse bitcoin. I for instance don't pay tax on my trading gains because my government haven't been able to come up with an efficient way to impose tax.
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This is because most of the ICO can't apply what they write in their whitepaper in real life. Its just a fiction most of them do. They tend to find theoretical solutions to problems but can't execute it. So few months after ICO, the project dies naturally.
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It all depends on the country you live in. Some do pay taxes. India is an example tho in my country its tax free. Hope it remains so for a very long time
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I was targeting to buy ETH below $250 for quite some weeks now. So as it fell to $258, I bought loads of it thinking that's the best price. Only for it to drop till $170. Wished I waited a little longer.
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You're absolutely right. Warren Buffet also said same. They best time to buy is when everyone is in FUD mood. That's when you get it cheap. But most of us wait till it gets popular and expensive before we jump in.
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Hodlers sometimes believe in the project that's why they hodl. Others too its just because they got dumped while trading in a particular coin. So they have no option than to hodl.
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There's still the possibility. One month in crypto can change a lot of things. We're not in Q4 yet. Anything can happen.
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Most of the ICO are scams and others have failed mercilessly. Majority of them took ETH as payment are one of the cause to the dropping in the price of ETH. ICOs needs to be regulated.
it is not clear only who will perform such functions, because they can be abused by someone. Most likely, only the legislative base of a particular state can solve the problems of settling ico companies. Yeah exactly. The crypto market is still in it infant stage. It creates roon for problems like this. Hope im the near future, there could be a regulatory body for this.
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Most of the ICO are scams and others have failed mercilessly. Majority of them took ETH as payment are one of the cause to the dropping in the price of ETH. ICOs needs to be regulated.
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This is a really good advise especially in this bearish period. I got burnt trying to hold ETH. Fiat would have been a different story. Holding half in fiat and the other half in crypto too would have been good.
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There's no minimum amount but start with an amount you can afford to loose. And also don't put you emotions into trading
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Well we all wished tho. But here we are now. In the next bull run, you will also wish you accumulated more Btc and Alts now that its very cheap.
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In moment like this, only the patient can survive. Most ICOs are cashing out. This is the best time to grab some coins very cheap.
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Neo will certainly give more ROI. You can bag a little ETH too. Price reduced drastically. ICOs are cashing out.
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This post was in May so that's understandable. But from the look of things now, $2000 - $3000 might be the highest if we enter the bull run.
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Well it seems so but we can't say that for certain. Maybe 2 weeks to come, we might think $200 for ETH is even expensive. I keep entering small positions.
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To I think Calvetical will be good to invest in. Development is still ongoing but the token keeps dropping. Currently trading between 8 and 9 SATs. Will be good to bag some.
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Everyone has his own theory as to why the market is bleeding. Its really bad if someone sells $100M worth of bitcoin should shake the market. We're still in infancy. There's more room for improvement.
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