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Hello manager Hotachy , you really deserve some green for managing well.
I really wish I receive my accumulated tokens with ease.
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what makes you very optimistic, while challenges and obstacles always come in front of bitcoin.
Remember ! that a trader does not always think about the benefits, but he always thinks of the risks and challenges.
if between the advantages and the risks you think, then you will reach optmis! because optimistic it will appear after you think of everything.
Yes you are quite right. Looking at both ways in trying to invest is better rather than just considering gains and salivating. Bitcoin is a good investment really but anything can still happen just as we are observing a huge bearish at the moment. |
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I;m interested, since bitcoin isn't that much widespread yet, how are businesses (that are directed towards bitcoin only) doing? Is it paying off or is there some serious profit involved?
People who started using bitcoin and incorporating them into their business made a huge amount of profit because the price has boomed multiple times and when compared to dollars it is a huge profit ,i am not sure how much it will be profitable if you are planning to start a business now as you need a bigger capital to get the coins or you can hold the coins without moving as the transaction charges for micro transactions are not possible now. Price of transaction in bitcoin is very high. This is a big drawback. In such a situation we will not see the development of trade for bitcoins. But on the other hand it makes people to keep their coins in order to make large transactions and save on fees. This creates a shortage of coins in the market and pushes the price of bitcoin up. Now bitcoin can only be used for investment and speculation. Actually, I think it is even resourceful not to bug one's head on bitcoin businesses or trade because you just begin to get worried sometimes. People just decide to hold for a certain time and sell off at another profitable time; by then ,they would have made some profit from the volatility of bitcoin. |
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Bitcointalk username: Palle11
Rank: Full Member
Current post count (including this one): 389
BTC Address: 1GGYbXvZrJnpGFUGxcwqxg6zjgBrFC6wPc
Wear appropriate signature: will wear appropriate signature and avatar if accepted.
I like to join this noble campaign, thanks.
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This year has become an eye opener for so many people (including us) on the possibilities , benefits of bitcoin and crypto world.
I'm sure more people will be revealed unto it by 2018. Cryptocurrencies are the new ways to money making, taking over gold and others.
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The fall is basically a correction, it is going to stablilise with time. We should have already known that this will come and this is the reason one should know when to sell except holding for long time.
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So as we know we are going through a bit of a dip. Now let's ask why? One we recently saw a lot of money come into bitcoin from outsiders who aren't even standard investors, this means a few things. Not knowing how Bitcoin works, not having strong hands and listening to standard news outlets for information. We all know bitcoin cash crew has taken this as an opportunity to fud and muddy the waters to try and overtake Bitcoin, we have all seen the headlines, bitcoin CEO sells all bitcoins for bitcoin cash and coinbase having insider trading. (By the way why wouldn't the CEO of bitcoin cash already have traded his true bitcoin for bitcoin cash I mean he must believe in his own coin) Norwegian banks warning people making world wide headlines even though they don't understand.
Fud from random people everywhere, it's a side effect of becoming popular.
Just hold and remember for ever coin sold there is a buyer , we are having the lighting network come Q1 2018 and segwit is gaining use.
The era is just a retracing step for bitcoin and nothing wrong about it I believe. Bitcoin has had an overwhelming run on bullish and it is natural that it "shield off some fats". It will definitely continue its run and is just about holding too as you concluded. I don't also encourage selling for a long time investor. |
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A couple days ago I posted here because of a transaction stuck in the void for which I paid 30 dollars fee.
Now, one hour ago, I sent a transaction with a 130 dollars fee.
ONE HOUR, STILL ZERO TRANSACTIONS, 130 DOLLARS FEE.
I'm sorry to write this, but Bitcoin is DEAD.
I've been a defender of it up until now, but we've gone too far.
Who the hell is going to buy Bitcoin when the word will spread?
When people will try to get their Bitcoins from the exchanges, they'll meet this reality, and Bitcoin will be dead in DAYS, after the word will begin spreading.
Just please don't go on BCH, let's try to move onto better technologies like Byteball.
BTW can anyone tell me what should I pay to move my Bitcoins now?
I have now 4 Bitcoins stuck in the void.
I so much feel your aspersions as to the fees and it is really worth casting on. I remember I also have to wait for an additional week so as to transfer more bitcoin to an exchange because of the fees. The delays too are another aspect. |
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I wonder where thus the price of bitcoin came from. What do you think? Share your thoughts.
Are you familiar with the supply and demand? If this is not taught to you in your school then you should consider yourself to do some research. Google search is just one step away to you, if you can login and post here then why not ask google. I'm sure Google will give you bunch of ideas that you didn't know, so try researching and researching so you could gain some knowledge.  Exactly, this is the factor that is responsible for a change in prices of things ,demand and supply is important to understand the way prices change. Then, when you also hold a product and "refuse " to sell, the effect is that, the product will be scarce, the price will go up. It is also how bitcoin interacts. |
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Hi I am a newbie here in Bitcointakorg. Also I am new to Crypto trading fielding as well. While I was talking to one of my friends about Crypto Market. He doubted this new currency trend. As He said There is Illuminati behind this project. He submitted me some facts exacting some one's article that It is a scam and that could cause to loose everything one day. I will list them here below one by one.
1. Bitcoin is not a company, It has no corporate entity..
(You can't sue bitcoin, inc. If the promises you were made about bitcoin price valuations don't pan. There is no bitcoin, inc)
2. Bitcoin doesn't have any earnings, revenues, profits, profits or P/E ratios.
3. Bitcoin trading isn't regulated by any one.
4. If the internet goes down, Bitcoins cease to exit.
5. Very few accept bitcoins as form of payment. ( although this could grow)
6. Bitcoins transactions are not free and fee getting increased time to time.
7. You can't sue anything if you loose your bitcoins,
8. Nearly all bitcoins promoters have a conflict of interest in attracting more buyers in to bitcoins.
9. Bitcoin isn't very liquid market compare to stock market, Transactions can days to clear
10. Because of bitcoin isn't regulated by the SEC, Bitcoin promoters can claim any forward - looking estimates for future
( the government cannot take any legal action against them )
I would like to know you people's views regarding above facts, Really Appreciate your participation, Looking forward to learn many things from you as a newbie. Thanks in advance.
Going through the items you listed. I did not see any connection or link you made as to bitcoin being connected to illuminati. Those are just the advantages of bitcoin you just enumerated, maybe you have to come up with convincing facts. |
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If you are due for taxing and you don't pay them, it is called tax evasion and it is labeled as a criminal offense punishable by the law. Therefore, if bitcoin has been made taxable, the right thing to do is to obey the law and follow its provisions.
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I have ranked up to Full Member, please update my new rank.
Thanks manager.
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Just a plain market correction. The sudden rise is just because people are riding the wave and some just are panic buying thinking that it would go up some more after that initial pump. Well, now because there isn't really enough demand for it now the price is going down and no one has interest anymore of buying at that current prices. Likely we'll see another pump before the year end and probably see $20,000. But right now, this is the correction bitcoins needed.
I have this feeling also that the much awaited correction is happening, although might not be down for a longer time because bitcoin has not been down for a longer time than it has stayed up. The final rush for this period/season is likely to come very soon. |
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I'm wondering if I can open up a local shop and sell bitcoins for cash without paperwork or signing anything. Sure a bitcoin ATM can fulfill that role but as a shop I could do other things such as sell bitcoin merch etc, offer information on bitcoin and cryptos etc, but primarily I'm wondering if I can sell bitcoin for cash without hassling customers with paperwork. I suppose the laws would be the same for an ATM machine? which I haven't heard to be of a legal problem. I'd be considering doing this in Texas, USA, by the way. Any references or shared knowledge would be great, and I'm less interested in speculation. Thanks!
The legality of bitcoin is what would matter first and this is jurisdictional based. If it has been legalized where you are then you can do what you like with bitcoin though within the confines of the law as it is enshrined, otherwise, you can't practice such sell. |
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I suggest you look at glasscoin. It has potentials too and has a reasonable price. The coin has a lending program and that off course will help it grow more. It has few billions in circulation. Try it.
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I suggest you look at glasscoin. It has potentials too and has a reasonable price. The coin has a lending program and that off course will help it grow more. It has few billions in circulation. Try it
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A bit of regulation might not be a bad thing.
For real world use, on larger transactions especially, people need a currency that can be tracked and trusted.
If someone is scammed, to think there is a chance of getting their money back.
This you said above and taxing are the only thing I see any form of regulation or control achieving.Otherwise, nothing else. On the contrary, bitcoin and the crypto world in their manner of operation has taken away the government based security on financial matters and transferred it to individual based where one becomes responsible for their pin, security etc |
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Hi guys, Ive been following UCH ico offering since the first date, I havent got any chance to buy the ico due to lag and server workload taking to long for me, and now I want to withdraw my BTC from the UCH Coin, but it still pending, and it has been almost 3 days, anyone have same problem with me??? ive post 5 tickets for this issue, and yet have no respond, i also send an email to support.ucoincash.co three times but still no respond, is UCH scam or no???
For UCH coin, I think the instruction was that no fund will be released nor accepted after the commencement of the program/ico. This could be one of the issues. Maybe you need to exercise patient, soon they will come to exchange |
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I will rank up this tuesday to full member. Will i be paid as full member as i change my bb code?
Post here when your rank will be updated I will also be ranked up to Full Member on Tuesday and will wear appropriate signature and avatar, I hope I will get paid as Full Member as well. Thanks. |
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How do you keep track of your tax in regards to crypto?
I have not filed any tax related to crypto yet because I have not cashed out that much money from the crypto wallets to my fiat currency. In my country as long as I'm keeping the funds in the crypto form it is not of much concern but one the crypto coins are converted into fiat currency and when I withdraw it to the bank then many question might arise on it. Im still waiting for the government announcement regarding the bitcoin and its use within the country. Up until now I have only used bitcoin for purchasing online and in the international market so that I can spend the coins easily. With only few instances I have cashed out little fiat into bank which is tolerable and does not come under any slot of income tax. So I think there won't be much caner and I will keep the withdraw limit restricted to that much per month and may not file the tax until its completely legal. :-) Exactly, I was thinking you can only talk about tax and taxing on income when it is lawful. Where there are no laws, tax might not be visible and in this case, I'm not sure if any country has made bitcoin a mandatory means of payment to be taxed on just as your idea posits. |
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