Bitcoin Forum
June 25, 2024, 12:30:06 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 [26] 27 28 29 30 31 32 33 34 »
501  Economy / Economics / Re: Is Bitcoin now the biggest bubble of all time? on: April 28, 2018, 12:51:10 PM
Bitcoin is still a small bubble. It will be great when it reaches large price values. If it bursts, then when its price will be very large. Well, for now, investing in it is not a particular risk. You just need not get carried away and be able to always stop in time. The other crypto currency of the small value of the characteristics of the bubble does not manifest and will exist for a very long time.
502  Economy / Economics / Re: Weak Hands lose money, strong hands makes profits in this game! on: April 28, 2018, 12:37:42 PM
So it was always and so it will be for a long time. Perhaps, except for the last time that bitcoin in the event of a major panic can completely depreciate and people lose confidence in it. However, the rest of the crypto currency, which will not grow so fast in price as bitcoin, will exist and develop for a very long time.
However, the crypto-currency market is really special. In working with the crypto currency, you need a lot of patience and knowledge of its trends. Here, unlike the stock market, the large price drops of the crypto currency are not terrible, it is restored quite quickly at any price falls. Every time this happens, nervous people sell their coins and tokens in panic at fairly low prices and, losing their losses, leave the world of crypto currency. Those who were calm about such a fall invariably won and were waiting for new much higher prices for their crypto currency. This is a natural process and it will happen for the time being, people for some reason learn little from other people's mistakes.
503  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency kills people on: April 28, 2018, 11:21:22 AM
Ive read an article about Bill Gates saying that cryptocurrencies kills people. He explained that crypto provokes people to hide thier financial transactions from the government, and revolutionizing terrorism, financial crime etc. Some people use crypto to buy drugs, bombs, guns that are use for drug dealing and terrorism that kills people 'in a fairly direct way'

I think Gates is somehow right about this. But i think it depends on the people who are using cryptocurrency, if they will use it in a good way or in a bad way. What do you think?

Link: https://www.google.com.ph/search?source=hp&ei=MJaWWv70CoH-8QXDvLO4Bg&q=cryptocurrency#scso=uid_PpaWWoLdHISa0gTusbDYDg_9:117
Such a statement is utter stupidity. So it can be argued that human life itself is harmful, since it provokes suicide in connection with various dislocations and failures. As for the assertion that the crypto currency can be used to commit various crimes, almost everything in our world can serve to commit crimes. For example, now in Europe, terrorists have started using cars to crash into the crowd, kill and sow panic among the population. That, maybe,
 will we prohibit cars?
504  Economy / Economics / Re: Will countries or central banks create their own cryptocurrency? on: April 25, 2018, 04:49:15 AM
Many states and central banks will soon create their own centralized crypto currency, which can be fully managed, as opposed to the existing decentralized crypto currency. They will try to confuse people, and since they can not stop the general introduction of a decentralized crypto currency, they will try to shift people's interest in using their centralized coins. After all, the total mass of people is still difficult to understand the differences of these crypto-currencies. Decentralized and centralized digital coins will walk for a long time in parallel with each other and this will be a good competition for the championship.
505  Economy / Economics / Re: will next decade be the bitcoin era ?? on: April 25, 2018, 04:32:00 AM
Everything will depend on how bitcoin and other crypto currency will prove itself in the next few years. The way of development bitcoin is not so smooth. We see that since December last year bitcoin has lost some of its popularity and now it will have to gradually restore it. We do not know what events await us in relation to the crypto currency. I would like to believe that bitcoin and crypto currency will be even more appreciated and we will all shift to its use, and we will be able to use it freely in everyday life, paying for goods and services in the crypto currency. This is very important now, because we spend a lot of time and effort on constant exchanges of crypto currency in fiat and vice versa.
506  Economy / Economics / Re: In Russia, the law on cryptocurrencies and mining will be adopted before 1 July. on: April 24, 2018, 04:06:12 AM
The State Duma of Russia introduced several controversial bills with respect to the crypto currency from the establishment of criminal liability for any operations with the crypto currency, prior to its regulation. And the last bill, which is still being developed, provides for the recognition of miners and miners of crypto-currencies by entrepreneurs, and profits from activities with crypto-currency will be taxed at 13 percent. This is a rather promising bill, but no one knows which one will be adopted. I'm already inclined to think that in Russia, finally realize the inevitability of the introduction of crypto currency and therefore will regulate it, and not prohibit it.
507  Economy / Economics / Re: What is going to happen when we reach the 21 Million BTC supply limit? on: April 24, 2018, 03:44:18 AM
I think that nothing significant will happen if we reach the limit of extraction of bitcoin in 21 million pieces. Also, the very ratio between supply and demand will be unstable, just as its cost will be influenced by various noaostnye factors. In addition, I think that the amplitude of price fluctuations with the increase in the price of bitcoin will only increase. People will be afraid to lose their bitcoins and will constantly monitor news that may affect its price. With each negative information, some people will sell their bitcoins and this will lower its cost. Sometimes this can provoke panic and then the price of bitcoin can drop substantially.
508  Economy / Economics / Re: Is it a good buying price for bitcoin? on: April 24, 2018, 03:15:18 AM
Is it a good buying price for bitcoin?Might cross-border activity often lead to better demand for bitcoin?So bitcoin will do better in the second half of the year.What do you think?
While bitcoin has not increased very much in the past week in its growth, and now its price has slightly exceeded 9,000 dollars, those who did not have time to buy it for some reason have another last chance to do it, since, in all likelihood, bitcoin begins its spring growth. It is expected that now its rate will rise substantially and no one knows at what price level it will stop. Together with bitcoin, the altcoins began to rise, which can not but rejoice in the spring green.
509  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: The End Of The Bounty. on: April 23, 2018, 02:52:35 AM
We can not accurately predict when the ICO projects will exhaust themselves. However, I would not worry about this yet. I think that the period of anarchy in this process will soon end. The ICO process should soon be regulated in the same way as the entire crypto currency. Therefore, fraudulent and simply substandard ICO should soon be diminished. On the other hand, investors learn on their own and others' mistakes and before they invest their money, they more thoroughly check it.
Also we can not predict whether there are still many good ideas about the introduction of various tokens into our lives. It seems to me that this process will continue for a long time.
510  Bitcoin / Bitcoin Discussion / Re: Is bitcoin a criminal tool? on: April 23, 2018, 02:23:24 AM
Everything can be used for both good intentions and malicious intent. For example, nuclear power can bring enormous benefits to people in the form of nuclear power plants, as well as great harm in the form of an atomic bomb. It all depends on who owns the particular object or thing. Cars are of great benefit to people, but they can ram people, as we see recently occurred in Europe in the commission of terrorist acts. However, no one comes to mind to abandon the consequences of scientific progress. Why is there so persistently raised the topic of possible use of crypto currency for criminal purposes?
511  Bitcoin / Legal / Re: Have people been forced to pay tax over Bitcoin yet? on: April 23, 2018, 02:06:54 AM
Quite curious if this has been the case. Obviously I'm hoping it haven't been the case.
I can disappoint you, because it is time to legalize the crypto currency in each state and along with the establishment of the status of the crypts and the definition of the rules for its circulation inside the country, issues related to its taxation will be simultaneously addressed. Despite the statements of some people on this forum that the crypto currency can not be taxed, we see that in some countries, such as Japan, taxation is quite successful for crypto currency, and it brings profit to both citizens of these countries and the state. Therefore, we will have to pay taxes when dealing with crypto currency in the cases provided by law.
512  Bitcoin / Legal / Re: Not Yet Legal But Not Banned on: April 23, 2018, 01:51:15 AM
Yes, it seems that soon we will remember with nostalgia the time when we exchanged crypto currency at exchanges and other exchangers without providing our identification data and did not pay any tax due to the absence of such mandatory requirements in the country. Everything goes to the fact that the legalization of the crypto currency in the countries will bring us such side effects that are not very pleasant. So really, for the time being we can enjoy the time when the crypto currency is not yet legalized in our country.
513  Economy / Economics / Re: Bitcoin to be Taxed...... on: April 22, 2018, 05:08:08 AM
This is interesting could be a mass following with this. South Korea is preparing to Tax bitcoin use after the cryptocurrency's trading volume sky-rocked. This could spark a new trend s everyone battels to see how to control the life of cryptocurrency's
Yes, it happens a long time ago. States this year should massively consider the issue of the status of the crypto currency, determine the rules for its circulation within the country and be determined with the taxation of the crypto currency. This process has already begun since the time in April last year Japan recognized the cryptsplatum as legal tender and will continue until each state decides on these issues. As long as there is no single approach to the solution of these issues, they will be decided differently so far. This process will be very lengthy and ambiguous.
514  Economy / Economics / Re: What will happen to the banks if people uses cryptocurrencies more than fiat? on: April 22, 2018, 04:57:32 AM
If cryptocurrencies will be the basic mode of exchange in the future, what will happen to the banks then?
You can not worry about banks. They worked and will work even when the crypto currency partially displaces fiat, and will also become the main form of financial settlements between citizens. Banks will in any case find a job and will continue to extract their profits, perhaps not so much. Banks are needed by the state and the state will always support them. Implementation of the country's budget has always been and will continue through banks. The main income of banks - the issuance of loans will also work in any situation. Crypto currency can not perform this function due to its nature and high volatility.
515  Economy / Economics / Re: Will Bitcoin become a long-term trusted store of value? on: April 22, 2018, 04:45:41 AM
Bitcoin can be a reliable repository of value only when it does not have a very high cost. When it reaches a very high price, due to the fact that its volatility will continue to manifest itself, and, in the course of time, the amplitude of its fluctuations will only increase, it is unlikely that it will then be a reliable repository of value. With each large decline, some bitcoin holders will be wary of their significant savings and will sell their bitcoins. This will loosen the situation and can lead to panic in the market and a sharp drop in the bitcoin rate until it depreciates.
516  Economy / Economics / Re: The HODL strategy is not actual on: April 22, 2018, 04:32:46 AM
Since the crypto-currency market has changed very much, it is also necessary to change the strategy in relation to the crypto-currency, depending on the behavior of the market. In addition, periodically it is necessary to revise the prospects of their coins, because these circumstances can also change. Those coins, which sometimes become not promising, need to be sold and replaced with more promising ones.

In relation to bitcoin, the strategy should also be volatile. Proceeding from the fact that bitcoin is growing in price by bursts, it is necessary to learn how to calculate the location of bitcoin at the time peak of its price and sell a certain part of it and when it fell in price - to buy. This will be quite profitable for bitcoin holders and is useful for bitcoin itself, since by such actions we will keep it in a more stable course.
517  Alternate cryptocurrencies / Altcoin Discussion / Re: Are cryptos doomed on: April 21, 2018, 07:38:53 AM
Maybe the crypto markets will never develop.
It is a possibility!
I don’t want to be gloomy but this industry has a lot of negative media and big investors do not take it seriously.
In addition, Most of the ICO’s are professional cons
www.bitcoinfuji.com is a bitcoin alternative on the DEX and makes sense
The crypto-currency market can not but develop further and can not be stopped or destroyed. You write absolute stupidity. If bitcoin fell in price for a deep and long correction, this does not mean the end of the world and the crypto-currency market. After a certain time, the market will recover vseravno. By the way, already the fourth day bitcoin is growing quite well in the price and now its value, according to CoinMarketCap, is 8 941 dollars. For the first time since its fall, at least in the last month, bitcoin approached the mark of nine thousand dollars. Perhaps this trend will continue and he will start his upward movement. The market rises, coins and tokens in green. I think that the panic in individuals will finally end.
518  Alternate cryptocurrencies / Altcoin Discussion / Re: Can myetherwallet get hacked? on: April 21, 2018, 07:16:50 AM
I think the MyEtherWallet wallet is one of the most reliable purses, which is protected by a secret key that can not be picked up or hacked in any other way. In the situation described by you, it's better to use the function etherscan.io to check the contents of the wallet, and then everything will be okay with your wallet. By the way, this function at the same time and shows the rate of your tokens in your wallet in relation to the dollar, which is quite convenient.
519  Bitcoin / Legal / Re: will all the countries make cryptocurrency legal? on: April 21, 2018, 06:49:59 AM
I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal
In the near future, almost all states will be forced to consider the issue of legalization of the crypto currency, as well as to address other issues related to it, and, above all, issues related to the taxation of this type of activity. At the same time, decisions about the crypto currency will not be the same in all countries. In countries with an aatoritarian form of government, where the rights of the people of power can be ignored, the crypto currency may be banned for circulation until the situation with respect for the rights of citizens there is not resolved. This will be a long and controversial process, but eventually we will come to the fact that the crypto currency will be legalized in all countries.
520  Bitcoin / Legal / Re: Significant Trade Volume Triggers Localbitcoins KYC Requirement on: April 21, 2018, 06:32:19 AM
Once the states are determined with the legalization of the crypto currency and its taxation, the requirement of identifying the individual when exceeding certain amounts at the auctions of various exchanges will be common. However, it is possible that some countries will not require this from crypto-exchange exchanges located on their territory, and in order to maintain trading volumes, exchanges will be transferred to such countries. This process, I think, will take several more years.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 [26] 27 28 29 30 31 32 33 34 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!