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41  Alternate cryptocurrencies / Altcoin Discussion / Re: If Bitcoin did not exist yet would you buy it? on: March 23, 2018, 06:34:04 PM
I think when I already know bitcoin, maybe I will buy it. but, once bitcoin is not famous, and there is still a lot of negative news about it. well, I am very careful, so I may not buy something that is still not well known.
That's why you'll never get rich. A lot of people think that they will become rich due to the fact that they have now bought 1 bitcoin. I don't believe that. Now everyone knows that bitcoin is valuable and therefore there is no chance to get rich. Only those who believed and bought bitcoins when they cost 1 dollar became rich.But it was a big risk.
42  Economy / Economics / Re: The advantages of bitcoin on: March 23, 2018, 06:19:50 PM
The advantages of bitcoin that I know of.
1. Bitcoin operates independently and is not under the control of any government.
2. Bitcoin has high security, simple and fast payment.
3. You can use bitcoin anywhere in the world.
4. The bitcoin market is expanding around the world.
1. Bitcoin is under the control of banks and governments. We provide all documents for trading on stock exchanges. Coinbase recently
    handed over to the government data about 13000 of their accounts.
2. The bitcoin code is not compromised. But our bitcoins can be stolen from the stock exchange or wallet.
3. There are some countries that prohibit the use of bitcoin on their territory. Make purchases for bitcoin is also very problematic anywhere
    in the world except Japan.
43  Economy / Speculation / Re: Will bitcoin survive? on: March 23, 2018, 06:04:33 PM
Bitcoin will always survive any bad news, FUD, government ban and the host of others. And that is how it has been surviving since the creation of bitcoin in 2009 and so shall it be no doubt.
Yeah, it has and always will and I totally believe that we will be experiencing some good move in the market very soon. If we can at least even hover past this major resistances and settle in at $10000, that would be a very good one for bitcoin, but I want to believe that we may have to see how things end up turning out from here. Nothing is wrong with bitcoin as far as I am concerned; we are just taking our time.
The price of $ 10,000 is very small for bitcoin. It depends on many reasons, but popularity is not the latest in this series. What factors can influence the growth of popularity now? I don't see such factors. Many people mistakenly think that legalizing bitcoin can solve this problem. I don't believe that. I think legalization could push away many potential bitcoin supporters.
44  Economy / Speculation / Re: Beginning of luck in 2018 on: March 22, 2018, 12:55:32 PM
Arriving as it waits for the $ 10,000 mark at the end of March, I think we will go as far back as possible to achieve hope in 2018. What do you think about this situation?
This is not a permanent situation so we don't worried about this situation still all are believe this coin. Because everyone know the potential of Bitcoin it will reach 30k USD or more in this year end. Many countries are implementing the legalisation of Bitcoin in this year so we should expect everything in cryptocurrency.
What do you understand by the term legalization? If you hope that governments of different countries will allow turnover of bitcoins in trade then you are mistaken. It's never gonna happen. The maximum that the government will allow it to officially pay a tax on the exchange of bitcoins to Fiat. Would that make a difference?
45  Bitcoin / Legal / Re: Newly PBOC Governor Once Called Bitcoin ‘Inspiring’, Praised Its Accessibility on: March 22, 2018, 12:51:23 PM
Do you believe the words of the Governor in China matter? No matter what he says. He will do what they say XI. China remains a monarchy. The people's Assembly is only an attempt to show other countries that China is a democratic Republic. The same is happening in Russia. The attitude of XI Jinping to the bitcoin we know. So I do not see any prerequisites to reduce the pressure for money in China.
46  Bitcoin / Legal / Re: G20 Sets July Deadline for Crypto Regulation Talk on: March 22, 2018, 12:45:55 PM
In July it will be the same. The government through the banks can only control the Fiat. But the use of cryptocurrencies, they can't control. I think that the Government will take a smart decision. They will not prevent the use of cryptocurrencies but only through an exchange for Fiat. Use cryptocurrencies as money they will not give.
47  Bitcoin / Legal / Re: Are You Afraid of KYC? on: March 22, 2018, 12:41:38 PM
Just a question, from what I read and know of, KYC's are just present on ICO's right? I have seen some coins that are already asking for KYC while just on the airdrop and bounty stage and scheduled for pre-sale(not yet started). I am just confused, something's not right about that or it's the new thing being implemented? The projects look so cool though.

Don't confuse about the KYC procedure, soon many companies will start asking this KYC documents for further regulatory activities. If a company is asking for KYC, maybe internally their legal advisory department will start asking to follow this procedure in order to protect from scammers.
I am interested in how companies will ensure the safety of the data that they provide investors. We constantly see that around the world periodically there are scandals with leakage of databases. It is not known for what purposes this data will be used. This has me concerned. Everything else doesn't scare me because I'm not a terrorist.
48  Economy / Economics / Re: What is the best Cryptocurrency to Invest? on: March 21, 2018, 04:06:01 PM
The first 10 coins on the coinmarketcap are the best coins that you can invest and make really good money in years come. Bitcoin, ethereum, ripple, zcash, dash, litecoin and some many other that has good capitalization are some of the coins you can actually invest and make good money.
Why only the first 10 coins? I think that now all the coins will show growth. Those coins that do not have a large capitalization have more potential against this background. Their growth rates will be higher than the main coins. But such investments require constant attention. At any time, major investors may lose interest in these coins and quickly leave them. This will lead to lower prices. We must not miss this moment.
49  Economy / Speculation / Re: Short term predictions for BTC price? on: March 21, 2018, 04:00:09 PM
I think that in the short term we will observe a gradual increase in prices. The sharp rise will not be because the whales have already bought a large number of cheap coins and will now protect them for sale. They will not participate in the market and the price will rise to the limit that can provide ordinary users.
50  Bitcoin / Bitcoin Discussion / Re: Panic sellers, please head for the exit (and don't come back) on: March 21, 2018, 03:56:00 PM
Dear Panic Sellers,

If the news about Google Ads and Facebook, as well as bubble-bursting warnings from "respectable" institutions such as universities, economists, banks, opinion makers, investors and governments have convinced you to sell your coins,

If you let yourself be influenced by the messages and actions from these corporations and governments,

You have not understood a single thing about Satoshi's libertarian dream of decentralization and liberty and cannot cope with the responsibility that comes with these liberties. You were only hoping for some quick profit to sell for fiat... Now that you're losing dollars, you are crying all the way... well... to the bank.

I hope you got out completely and never will return, because I am convinced you are as big a threat to Satoshi's dream as the corporations and law-makers that convinced you to panic sell.



PS: To my fellow believers: HODL.  Smiley
It's really wise. I will also hold my bitcoin at any price. I did not come to bitcoin to become a millionaire. I hope that bitcoin will be used as a stand-alone currency and we never get to the dependence to the banks. But the problem with the bitcoin community is that most users still see bitcoin as a speculative tool. It is important for them to have access to Fiat and they are ready to accept any regulation.
51  Bitcoin / Legal / Re: G20 closing statement on cryptocurrencies: We will keep monitoring it on: March 21, 2018, 03:47:15 PM
According to ICODrops - G20 closing statement on cryptocurrencies: we acknowledge it - but it needs regulations. We will keep monitoring it.



This should be seen as a good news for Bitcoin and crypto space; we knew regulation is coming, it's great they didn't decide to take a strong position against the technology.

Source: https://www.ethnews.com/g20s-closing-statements-on-cryptocurrency-and-blockchain


What good do you expect from the adoption of the law on the regulation of cryptocurrency turnover? I don't like it. I expected bitcoin to be an Autonomous currency. But a lot of users support the government. It is important for them to have unhindered access to Fiat. I think such people are traitors to the bitcoin community but it seems that they are in the majority.
52  Bitcoin / Press / Re: [2018-03-20]Ukraine to Compensate a Citizen in Bitcoin – for ”Moral Damages” on: March 21, 2018, 03:38:26 PM
It seems to me that there will be no precedent. In Ukraine there are no fair courts so the decision will be very controversial. Any decision of the court of first instance may be set aside by the court of appeal. Also in Ukraine it is very difficult to get a large sum for moral damage. It seems to me that this is a PR in order to draw attention to the problem of the use of cryptocurrencies in Ukraine.

 Yes, most likely this is the case. Ukraine has no legislation on crypto-currencies, and bitcoin is not recognized as a payment system, as, for example, in Japan. Payment of the claim in bitcoins will be considered illegal in any case, not to mention the corrupt judicial system and other aspects.
But I think that this situation will be in any country. There is no full recognition of bitcoin as a means of payment anywhere. Can be only in Japan and the with small restrictions. But I think it's okay. It seems to me that this will once again draw attention to bitcoin in Ukraine and legislators will adopt a law on cryptocurrency. It is the closest country to Europe from the countries of the former USSR. Perhaps her example will be followed by others.
53  Economy / Economics / Re: Working smart vs working hard - an ultimate guide on: March 20, 2018, 01:08:44 PM
working smart is time-saving and you can maximize the potential of anything that you are doing in a simple way and make more productive.
Working out thing doesn't need to make it a full force but add some knowledge to make it easier. working hard is a good way but not always a nice thing to have.
why don't we work hard in a very smart way?
In order to work in a smart way, you need to spend a lot of time to get a large amount of knowledge. This is very hard work. For training you do not get paid for their efforts. Most often you spend your money in exchange for knowledge. That's why very few people can make money doing smart work. People who do not know how to think with your head think with your hands. This is the law of life.
54  Economy / Speculation / Re: Bitcoin miners are now losing money on: March 20, 2018, 01:01:59 PM
I don't believe in apocalyptic scenarios. If the price of bitcoin falls, the number of transactions is reduced. This means that miners can cut off half of their capacity and at the same time keep revenues at the same level. Such news reminds me of the blackmail of miners in order to increase the number of transactions. The big mistake of bitcoin is that it allowed the monopoly of miners.
55  Bitcoin / Press / Re: [2018-03-18]-Tom Lee Predicts Bitcoin To Reach $91,000 by March 2020 on: March 20, 2018, 12:53:02 PM
cryptocurrency is a place of technology filled with speculation. Everyone is free to make predictions based on their respective calculations and so far, maybe this is the lowest prediction I've ever seen for bitcoin prices. For the moment the highest predictions are still held by John McAfee ie $ 1 million in three years, which means 2020. If you are a real Hodler, you still need to wait another 3 years to see the profit you will get for a price: a minimum of $ 90k or a maximum of $ 1 million.
It seems to me that 1,000,000 dollars for bitcoin is fantastic. Now the cryptocurrency market is in a grace period. We do not see any active actions against cryptocurrencies on the part of the government and banks. What will happen if bankers feel threatened and begin to fight the exchange of cryptocurrency for Fiat scary even to imagine. I see no preparation for such a scenario on the part of the bitcoin community. And that makes us helpless and therefore such indicators unattainable.
56  Bitcoin / Legal / Re: Countries with No Bitcoin Taxes on: March 20, 2018, 12:45:07 PM
I only know of Denmark and Germany but only if you have held them for more than a year I believe.

Does anyone know of any others?
There are so many country that do not tax crypto currency related business activities. One of the country in particularly is Nigeria this is a country where Bitcoin and crypto currency in general are not accepted as a means payment for goods and services to the extent that the Nigeria Central bank Governor refer to Bitcoin as a ponzi scheme although he say so as a result of ignorance. And there are so many other countries Africa that do not tax crypto currency related business.
All countries do not charge taxes on sales of bitcoin. They take taxes from Fiat which you received upon the exchange of bitcoins. A lot of people don't see that as a difference, but it's important. In order not to pay taxes at all, you need to be able to use bitcoin as a currency for the purchase of goods. In regular stores it will not but in the store it's real.
57  Bitcoin / Legal / Re: Signature Campaigns taxes on: March 20, 2018, 12:39:37 PM
 It would be logical to pay a tax for trading on the exchange, for example, for a certain volume of trading in dollars or based on the number of transactions and their volume. In subscription companies usually give tokens whose prices are not known, based on which indicators to pay tax?
The only option for taxing, this recognition of the Crypto-currency at the official level and the application of regulation of this sphere by state structures.
  In the future, for example, they can prohibit participation in signatures by ordinary people, it will be done by accredited companies and they will already pay taxes.
It seems to me that it is not logical to pay tax on the stock exchange. Today you can get income and tomorrow you can get loss. Who is supposed to count. The exchange is not a tax authority and it has to do its own business. If you take taxes from users of the most reasonable would be to levy a tax on the capital. This can be done by banks that are part of the legal economy and participate in the regulation of the foreign exchange market.
58  Bitcoin / Bitcoin Discussion / Re: Do you think Twitter will also be crypto like Facebook and Google? on: March 19, 2018, 04:36:57 PM
I do not see anything terrible in the fact that such giants as google, Facebook and Twitter will refuse to advertise ICO. The demand will always find supply. For example on our forum. The people themselves are to blame for that fall into the hands of fraudsters. How can you believe promises to make $ 200 or $ 1000 a day effortlessly?
59  Alternate cryptocurrencies / Mining (Altcoins) / Re: I'm calling it crypto is dead in 2018...the crypto hype has died like disco did on: March 19, 2018, 04:31:58 PM
I don't know what coins you mine, but I don't see the complexity of the network in the coins I mine. This means that pain threshold we not overcame. A lot of people still use their rigs. It seems to me that in modern conditions mining will begin to migrate to countries with low cost of electricity but it will not stop.
60  Alternate cryptocurrencies / Mining (Altcoins) / Re: GPU 0 hangs, Open CL Error on: March 19, 2018, 04:25:24 PM
You may have updated Windows 10. During the upgrade, it can change system and hardware driver settings without your knowledge. The error may occur if you are using an upgraded BIOS for your GPU. Perhaps Windows defender is blocking the start of mining. Check the security settings of the system.
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