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Money management plays a big role in forex trading. In our surrounding too there are stores that supports forex. What they do is just give suggestions on market movement as well handles our forex account if needed for small charges and help yield a good profit.
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Using of the offline wallet and other forms of hardware wallet and paper wallets help you to be anonymous. Though our technology seems to be completely anonymous if a particular person needs to be tracked, sure techies can do it.
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It totally depends on which place u are in .well if u are from india , i can tell if u are transacting 2.5 lacs per year then u dont have to pay taxes otherwise more than that u have to show to them and pay taxes .kudoos  As quoted depending upon the country you reside, users were supposed to pay tax in respect to the transaction made through various services. Governments can just tax users by this means and miners gets the transaction fee. |
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Bitcoin will truly affect the taxation issues, but right now users were converting to flat through bank accounts and using it. This possibly help government to some extent to levy taxation based upon the banking transactions.
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To be a part of the successful growth experienced over most countries we are supposed to support bitcoin. Other than this we can get same product with variations in price. Another important thing is that investing into bitcoin gives even 100% profit at times based upon upcoming price movement.
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It's just one opinion of one teacher, this doesn't represent what is being told about Bitcoin in High Schools. The title is a bit misleading imo.
I'd also be interested in knowing what an I.T. teacher would say about Bitcoin.
Everyone have difference of opinion as quoted above. At the same time most of the I.T teachers were unaware of bitcoin existence. Why I strongly describe is that most of the IT people itself not used to bitcoin as well the advancing Blockchain technology. |
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Today I explained about bitcoin, everyone are highly skilled as well working for different MNC's with hands on experience. I got astonished when they said they don't have any idea regarding it. Later on I started explaining it to them. I expect at least two of them will start using it soon.
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Right now in my view, using different trading websites is the best way to cash out. Other than this finding the traders through our forum too seems to be effective through an escrow.
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The increased price of bitcoin is the attraction of bitcoin compared to its highly volatile nature. If bitcoin price found stable, sure it will be popular same as now or a bit less than the present. The reason is that, certain percentage of users were staying away from bitcoin because of its unpredictable price movement. When price becomes stable, such users starts using bitcoin.
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Mining is unlimited. You can always have Bitcoin thanks to mining. People nowadays spend money to invest in some junk projects and gambling without thinking wisely about what it can bring to them and what advantages they may have. Putting all your capital to build your own mining system is always the best way which can help you to collect Bitcoin forever.
I don't think it is correct to say that we can always have Bitcoin thanks to mining. To get profits in mining you need cheap electricity and a lot of capital as initial investment to buy mining equipment, a few thousand dollars in the very least. And you should have a technical expertise and competence in that field if you don't want your investment go down the drain in the end. Mining has been a tough business for a few years already, so it is definitely not for everyone. Well, if we do not have to charge the electric bill, mining is the best source ever. I think what the OP want to say that we can always have Bitcoin if we mine them. It is not about the cost of mining, it is about how you can obtain bitcoin as much as possible With mining electric charge needs to be considered, because the coin generated always have some relation with the expenses on mining a single coin. I believe only very few users were technically skilled and earning good. In majority trading and campaign earnings were the best for common users. |
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Bitcoin without doubt will be used for illegal purpose than regular needs. One of the best example to describe it is gambling. In countries where gambling is banned can be used easily with the bitcoin. But now with its potential it has evolved as a currency than a token for gambling and other illegal needs.
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Bitcoin is same as the traditional currency, only the form varies. Bitcoin cannot be used physical which is the cause for decreased circulation. The circulation means the direct usage for our regular needs as well for transaction needs.
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Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Losing happens with all sort of trade, though you were experienced or have good knowledge about it. In my view one can be considered successful in trading when he has the ability to minimize loss or avoid loss even during times of hard financial crisis. With bitcoin it is very hard because price fluctuation occurs without any notification. |
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Most probably we can experience $800 by the start of the year, because every year end a small increase in price happens. This time already we are close to the price tag of $775, which has given the highest possibility of reaching $800 by the year start.
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we're at $770... $1000 coming soon.
Is it time to start seriously talking about $5000 BTC in the next 3 years?
As of now bitcoin price prediction is possible to some extent. Prediction of price for a time period of three years won't be much effective. These days we are in a way to experience $1000 as the price variation is continuing often. |
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If every nation adopts cashless system, bitcoin will surely be the currency of the future days. The reason is that no other digital currency has got acceptance and popularity similar to bitcoin though lots of digital currencies have got existed.
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As described Blockchain and bitcoin were like two eyes of a human body. If one fails too, with the other one can see but somehow to some extent sight loss happens. Same is with bitcoin and Blockchain, the functioning won't be effective as the present.
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To be professional in bitcoin trading, users needs to make perfect decision on selection of the digital currency as well the for the trading purpose. Then needs to make close observation of price variation and fix the profit margin. Based upon these factors trade volume could be increased.
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The reasom that made me went away from gambling were my objectives, i wanted to buy a car soo i couldnt be risking money trying to achieve those goal. I had played with 100 dollars and ended loose 80 cashout 20 and lost into some ptc, to stay away you need a strong reason, maybe your childs, or for you stay away avoid gamble if you cant control and stop.
You could have started with small amounts to grab some good experience. Following this when you make some strategies and gradual increasing of betting amount will get you higher winning possibility. At the same keeping $100, and targeting a car to be bought is possible but takes long time else you need to be very very lucky. |
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The US dollar price has dropped against bitcoin in the last two years. It seems more institutions will use bitcoin.
It is not quite correct to say that the dollar price dropped, it is Bitcoin grew into something bigger recently. You can't say that something dropped just because its price diminished against something else. That would be too mechanistic. Regarding the value of the US dollar itself, it has been on the rise for the last few years against other currencies such as euro, British pound, Japanese yen, etc. It just turned out that the growth of Bitcoin outpaced the growth of the dollar. Dollar keeps the world economy, and it never will fall. Bitcoin the US dollar is better not to level. Although I understand that cryptocurrency enough big plans for the future. In future bitcoin will surely make lot change in the entire world economy as well in the advancement. Dollar as the grown currency of the universe, bitcoin to reach the level similar to dollar takes lot of year. Bitcoin has dependence upon dollar, so if dollar grows bitcoin value too grows. |
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