unfortunately we all still rely on fiat for our day to day dealings like bills, living expences so we need fiat and it is very handy to be able to liquidate some of our earnings to fiat. the fees relating to coinbase and bitstamp are what they are and im not sure how authorities from various countries can track where a deposit comes from?
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you cannot use bittrex. use bitstamp or coinbase to liquidate bitcoin to fiat and then transfer to a bank account. you could also try https://bisq.network its a P2P transfer network.
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i think it has great potential although i havent got my head fully around it yet. the internet of things has yet to blossom and when it does iota could be there with.
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ripple is i think one of those coins that divides the crypto community. some utterly hate it while others recon it is the coin that has a brilliant future. as more and more banks accept ripple and start using it the higher the price will climb. this is what is driving the price i suspect.
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i cannot see how bitcoin can be regulated. i think its impossible to prevent people from buying into it. they may look to collect tax revenue from people liquidating crypto into fiat but im not sure how that can be done because of the unregulated nature of crypto.
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i dont have a project idea in mind but i like the thinking of the OP. Blockchain technological projects have a massive potential to disrupt and create solutions to existing problems. The blockchain as a technology is only scratching the surface at the moment.
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what about getting into relatively new coins that are currently doing well like qtum, neo, omg and also possibly considering dash, monero, zcash, litecoin ?
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i think it is part of the territory to have market manipulation. yes we have a decentralized and unregulated market and yes the majority of 'investors' want to make more crypto, money as easy as possible. market manipulation, who is there to stop it?
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all the doubters had to do was check the history of bitcoins movement and as posted already, bitcoin always recovers. so during future falls look back at where bitcoin has come from. Almost six months ago it was at 1000$
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Litecoin is bigger than any one person. Charlie Lee has stated that he will continue decelopment and support of litecoin so whether he personally has coins or not doesnt make a difference, and personally i dont care what he hodls.
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a lot of the lending sites are hyip sites. they offer very nice return for lending them your tokens. You will also be able to avail of their compound interest which makes the return look even more attractive. But and there is always a 'but' once you hand over your tokens you loose control and most likely loose your tokens.
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lets all remember 50% of the wealth in the world is controlled by 1% of the population. Consumerism is growing, people think they NEED the latest gadget or fashion item. Social media is having a negative effect on peoples lives. EVERYONE wants to be wealthier. The divide between the HAVE's and the HAVENOT's is growing. When i see the wealthy doing charity work etc. I dont think much of it, its easy to give a single digit percentage away. Bitcoin doesnt change anything, money makes money, the more you have the more you earn, generally speaking.
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i was really worried about this when i read the thread title 'inactive wallet balances' i was thinking initially they were applying this to bitcoin wallets but its just their own united bitcoin. meh just another fork with their specific distribution aimed an benefiting themselves
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There is a new kid in town. BELARUS. The President just announced that they are legalizing bitcoin and all related to crypto's (ICO, mining farms and tradings), and read this, will be tax-free for the next five years.. So there's no question now at to what country is the best for all things crypto's. Here's the full article: https://news.bitcoin.com/belarus-legalizes-cryptocurrencies-icos-tax-free/The government is trying to built a crypto haven there. I'm expecting a exodus of companies to Belarus and starting their ICO because of this incentives. This is positive news for all of us. Another country has joined Japan and Australia as the only nation so far who have legalized bitcoin. Belarus can obviously see a benefit in the crypto industry to its economy. i can imagine it wants to attract high end tech jobs to its country. does it have the infrastructure in place for the next 5 years though?
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for sure another good time to avail of some price corrected coins. every price correction is higher than the last so in relation to top ten coins we can get them in the knowledge that they will go up in value.
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yes that was a big panic sell. a lot of people sold a lot of bitcoin to reverse back from the 16,000$ price from 2 days. the price now on bittrex is just over 13,000$ we are looking at quite big swings for the last week or so, is this going to continue i wonder?
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its interesting how the world is sitting up and taking more notice of bitcoin over the last couple of weeks. do we in crypto world really care what bankers, government officials and others say about bitcoin? Remember we are working with a decentralised and unregulated currency system, something the goes against everything they use.
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I have used bitstamp before but there are fees there also. localbitcoins is an option but you couls also try BISQ, https://bisq.networkI have not tried them myself. I came across the link in another thread on the forum.
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in this current 'christmas sale' i am hodling my portfolio and i am adding to it. It is yet another opportunity to gather some stock before the prices go up
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i am treating this as the pre-christmas SALE before we enter the new year. the sale maybe caused by both whales and newbies or rather started possibly by whales and followed by panic selling by others.
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