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Some people say the price is going to go to $100, $10, etc, etc. These guys also spread fud to try to get cheap coins. But they don't realize they are hurting the future. Don't believe for a second they aren't trying to buy, why else waste their time on this forum?
Anyway, I'm a hodler. I sleep good at night, don't gamble at exchanges, price doesnt matter at this point and I cant lose my Bitcoin. Its safely offline. Cant get stuck with mtgox or hacked. I simply hodl.
So youre a newbie, should you buy now or wait for a lower price...
If you buy now and are confident (you must hodl no matter what), you just wait. Nothing to do but wait. Could be $50k by 2015. But it could go to $0. The upside is HUGE and the downside is small.
If you wait, it may be too late. You might be waiting for $500 forever until the price is $50k. Your upside becomes very small but the downside is also small.
So when weighing your options, consider that both downsides are small but only option A has a large upside. Now if you're in it for a get rich quick scenario, run away now. This is something that will only reward you if you are passionate about it.
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I'd love this
Waking up to a huge price swing and not knowing why is scary
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Start over, delete everything in appdata/Bitcoin EXCEPT for wallet.dat
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Yes if you're making money outside a w2, you can't just deduct stuff and not file |
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Is it necessary to fill out a tax return, on which I should declare how much money I made during the previous financial year?
Only if you owe |
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Well difficulty shot up to 3.1 billion
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