Bitcoin is of interest to law enforcement agencies, tax authorities, and legal regulators, all of which are trying to understand how the cryptocurrency fits into existing frameworks. The legality of your bitcoin activities will depend on who you are, where you live, and what you are doing with it.
Actually bitcoin become legal to many countries because of exchangers like coinbase, coins.ph and etc. that requires KYC(know your customer). This exchangers is legit because it is registered and has a business liscensed on specific country. That's why goverments have an idea to legalize bitcoin because they can control exchangers through tax and some other business fee.
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From the looks of things other cryptocurrencies are really rising this year Look at Ripple it is second on the marketcap
This 2018 the total marketcap of crypto will explode and many people will trust more on crypto as an investment. Many altcoins will rise in value as the bitcoin rises this year. Many crypto enthusiasts predicting that bitcoin will hit 100k$ this year. This is the reason that it is not too late to buy bitcoin and other altcoins today.
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Beware if the myetherwallet website is don't have https and don't use private key when accessing your myetherwallet. For now don't transact yet while ethereum developers fixing myetherwallet to prevent loosing ethereum and tokens. We can use an alternative coin for now like bitcoin, neo, and other altcoins for all of our transactions while ethereum is recovering.
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As the popularity of bounty campaign it becomes attractive to people and the more people promoting new projects, the more chance of the new projects to succeed. Don't be selfish for rewards, just help some projects and gain also a reward. See the good side of having too many participants, because they are influencing the circle of their friends about the project and what cryptocurrency do in our life.
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I'm a complete noob in crypto and trying to learn some basics on trading/exchange currencies.
Pretty stupid/newbie question but how do you sell if you have lets say 500k alt coin? For example, if you were one of the few people who mined bitcoin and had around 500k coins or you mined ethereum and had that amount, how would you sell them? I know exchange have limitation but if you wanted to sell them all together, how would you sell them?
The first thing you need to do before you sell your altcoin is look for the best exchange on coinmarketcap, choose the exchange that has big volume and price. Then register an account and verify your account with your ID to increase your withdrawals and deposits. Enable also the 2FA to protect your funds from hackers out their.
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Title says it all. If you're looking to invest in an ICO or pre-ICO blockchain project, what's 1-2 attributes that are most important to you? Market size/potential? Management team? Technology that is distinctive? Strong white paper? Social media following? Other...
Aaaaaaaand go!
When I'm looking for a project I am checking first the community and the purpose of the token or coin. Usually I look at the community based on twitter and facebook followers and how active their social media. I review also the purpose of the token on whitepaper. Most important of all I'm looking and checking also for the people behind the project.
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As the title, do you actually work 24/7 in the crypto world as like: trading, mining, bounties, airdrop etc? And what is your expecting earnings in the future with those jobs? Do you sustain yourself with? Feel free to ask too Actually I work on crypto when I have free time, but I do trading and bounties. I don't participate most on airdrop today because most of the airdrops today is fake, but not all. I don't also joining on some mining sites that can earn free satoshi because it will waste only your time. By doing trading and bounties I'm sure I will earn more soon. Just don't stop researching and learning like more techniques on trading.
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My plan to cashout for building my house and soon for car is by december. Because bitcoin is always pumping before december just like 2016 and 2017 bitcoin pump at its all time high. But this mid of the year many crypto enthusiats saying that bitcoin will recover just like last year base on history chart of bitcoin.
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In your eyes, what kind of token is the best token to be invested? Is the public media important or the technology and program process important or anything else you think is important?
As I have been researching for the best token to invest. I'm considering the crowd of social media community, the purpose of their project, their upcoming plan for the token, upcoming partnerships if they have, and lastly the people behind the token or project is very important. To check the background of owner of the token and the team. Then when you have decided to invest in their project. Invest only what you can afford to loose, like what crypto enthusiasts and youtuber suggestion when investing.
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Don't click the ads on google and don't agree on some of the promotional pop-ups on other websites, saying that you can earn bitcoin or ethereum by mining on their sites. Don't register or put your details on websites that can earn free bitcoin. Because your account or wallet where your altcoins is stored can be accessed through these ways. Stay safe everyone.
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Based on the news I've read, the market will recover on the month of june and july. After I've read the news I check the bitcoin chart last year on coinmarketcap and the market last year starting to recover first week of june. I think the news I've read is they based only on the market last year. But it is ok because we will have a basis when will the market will recover.
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Yes! very soon and basically base on my observation ethereum will soon overtake bitcoin. Because the blockchain of ethereum is faster than bitcoin and one thing the community loved is the tokens under ethereum blockchain today. For now bitcoin is the most popular on some countries that is new in this industry because bitcoin is the first thing they heard about cryptocurrency.
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I suggest metamask because this wallet is one of the recommended wallet of the expert and some crypto enthusiasts. You own also the private key and the password. One thing the best in metamask wallet is this is not prone on hacking and if you compare to other wallets that is prone to hacking like imtoken. Many of crypto enthusiasts lost their tokens and ethereum on imtoken. So be safe everyone.
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There are many ICO's today but not all ICO's is fake and scam. You will be needing to review thoroughly the ICO. Review all their aspects including their plan that you will see on roadmap, the social media community, and the people behind the project. We should be very careful on our decisions before investing and like many crypto investors usually says that invest what you can afford to loose only.
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Few ICO's today is really a good investment but not all ICO's is good because theres ICO that is a scam. Maybe because they did not hit their hardcap on crowsale. Before investing on ICO out their make sure you will consider some of this. The persons behind the project, the purpose of a the coin/token, and lastly look at the community specially on twitter, facebook and telegram. You can also use this tool for checking the website traffic of an ICO. This modify what is the global rank and countries most visiting their website. The more visitors on the website it means the more investors are reviewing the project. Tool Link: https://www.alexa.com/siteinfo
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The altcoin can make us rich are electroneum and credits the one that is new and has a sustainable plan and can have or has own blockchain. Hold more altcoin that can last for long term. The best thing to do is review their whitepaper and the purpose of the coin or token. By doing that you can choose your potential coin or token that can make us rich.
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For newly registered on this forum, you can benefit using this forum by joining on some bounties and airdrops. Find and check it on Alternate Cryptocurrency > Marketplace. You can also search the bounty you want on search bar. This links may also help you find more and good bounty with expert ICO review ratings: https://icodrops.comhttps://icobench.com
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