I still believe that you can still make some profit from a dip market , it depends on your entering time. At every point in time of trading, investors are making some money.

Do bitcoin actually have intrinsic value? To me, I think it does not have yet and this is as a result of its high volatility rate.


I do think this will be a panacea to the fair surrounding bitcoin and this will go along way to build the much needed absolute trust.

Does it not look funny since OP can approach exchanges to do his business. I smell rat anyway. I see no point trying to find what you can easily get by yourself.

Naah. No way. Crypto don't roll that way. You don't get interest because you hodl a coin in form of additional coin,  nope. It doesn't work like bank savings that you either get interest for having your money saved with the bank.

In cryptocurrency you either hodl a coin by investing- that I'd, buying the coin. The number / unit  of coins you bought does not increase by additional number except you buy more. However,  the monetary value of the number you have can increase or decrease. For instance, when you buy a unit of a company's share and if you don't buy more , what you keep having with the company is one unit of share . You can benefit with the company when profit is made and it is distributed accordingly to the number of unit you have.

Anyway, what seem like what you are asking for in crytpto currency is airdrop which you benefit freely if the coin you are hodling is introducing another brand of itself. You get it according to how many coins you already have of the "mother" coin.

This is also my view. Hodling gives you peace of mind especially with bitcoin. Rather than trading and being worried about the trade you are in. You buy and keep in your wallet simple.

Another sure way is to join a reliable signature campaign that either pays weekly with bitcoin or sure ico that will pay at the end of the ico.

The effects have not been felt yet. I guess individuals are just starting to hear about it and so very few are into it. Meaning, just minimal achievements with it which is still within struggling to survive. No limo yet  

First, it is a crime to avoid due tax.

For crypto tax paying, you should not conceive the idea of paying your tax if your country levies on it. If you are caught, you might find yourself in the dark room because it is a crime to avoid carrying out your civil responsibility to your country. By the way, the tax money is "suppose" to be used for development , infrastructure and provision of amenities .

The wallets actually serve as the bitcoin bank. Coins are served in there and if codes are kept very secured, it is save. The point then is, coins served in wallet is also affected by volatility. In that sense, it also fluctuates.

However, if codes are not secured. Coins are lost forever.

I think we should not be too hasty either to dump or buy more rather we should watch the market keenly from the side lines if we are not already in. No doubt though that bitcoin is recovering.

Die? Hell nope. Coins are held so that when they appreciate to a reasonable profit, you can off load and maybe reenter in same coin when it goes dip or you look for another promising coin. I think this is my understanding to holding and not to hold till eternity.

Who will then enjoy the labour? Selling off is simply my exit.

Hacking is the reason I dislike the public wallet that you have on the web like the MEW wallet. To me, despite the security and protection, I don't seem to like it. I do prefer offline wallet. You and you alone except you lose your passwords 

Bitcoin is the first off shoot of blockchain technology with super connectivity around the blockchain. For bitcoin to go down, it means the world will forget about blockchain. Meanwhile, for that to happen, we have to get a competent replacement which can only come from these few new altcoins that are introducing new technologies.

Apart from that, you also get links to click. Behold they are some phishing sites. We have to really be careful and not to be in a haste to make money while they are all traps and nets waiting for who to devour.

Financial transactions as buying and selling with bitcoin would really be a difficult bargain. Bitcoin fluctuates in value while fiat is relatively stable, how then will the values of the goods be determined? I believe that before such exchange, a kind of regulation if not legalization would be in place.

I'm not saying therefore that it is not being practiced at the moment but not found easily.

The messages you send through your facebook account are different from the facebook app which carries inbuilt messages anywhere facebook site goes. So if at all there is a ban, you can still send bitcoin related issues to friends.

The different time zones are one factor responsible for the phrase. Some continent could be having daylight while another have nighttime. So as we are sleeping or meant to sleep, others observe morning time and being a global village plus achievement from technology, the internet is always available to be explored. Money will always exchange for something.

I can't just hold myself from commenting that this forum is so educating and supportive to members. Even when you don't post an issue , you read the solution to one's difficulty. Some high ranking members are really doing nice job to help out not to pull down.

I don't think OP is kicking against paying of taxes. From the topic, I guess is just the curiosity about knowing if certain countries tax bitcoin investors or if others don't tax on it.

I read that bitcoin White is another good coin around. It almost got to a dollar after it hit coinmarketcap. Is a future prospects coin and likely to do very well. It has its own technology

For now I'm simply using the local exchange which converts directly to my fiat and I cash out in my bank. The cash is escrowed until delivery of btc or altcoin is made to buyer before seller gets fiat. Is a nice deal.