The idea is to let people report it themselves instead of actually tracking it. Coinbase or any other USA based place will notify the government and IRS for your transactions but if you remove your money from there and do whatever you want and return back the most knowledge IRS will have is you put in some money to coinbase, then something happened they don't know and you have either less or more money back into your coinbase for cashing out, which means they will ask you what happened in between for this change to happen.

Aside from that they are not tracking it, they are getting reports from both people themselves who do not want to seen as tax evaders and from coinbase like places to notify them of your movement, which means they do not go out and try to find you, they are asking you to go find them instead, makes things easier. You may want to not pay taxes at all and find loopholes but then if you get reported by some person then you will face harsher punishments.

ETH and ADA is exact opposites of what you may think about the development of things. First of all ETH has a worse development team because it belongs to people and the team could do whatever the hell they want but as long as people do not agree with them and use the new chain they won't be able to make any changes, put the fact that their first try had a loop in it and had to redo it all which prompted another waiting period and we still not having PoS eth just yet, it comes down to a big issue with the team.

Whereas ADA has been one of the most active development teams in the crypto history, I have never seen them have no code changes in a single day, with the biggest code change every day streak in crypto history ADA has a very very active team. However, this doesn't mean ada is better or eth is better, that is all depending on community to decide.

It is not about having an affect or not on Libra. If all big crypto people and the crypto community doesn't like Libra and they all come against it saying how horrible it is and how risky it is and tell everyone the risks of Libra even with the huge user base of facebook they will have trouble, maybe they will still be fine but that would hurt their chances of becoming gigantic like they want to.

However, I still think we should not because the moment people get into Libra they will realize crypto ain't so bad and they will want to keep getting into further depths of crypto world and first step will be bitcoin. Anyone who uses libra and likes it will have a big chance of liking bitcoin too and buying some of it, that is why I think we should let it be whatever it wants so we can take advantage of its fame.

Well, if you do not have too much crypto then it would be way too much work for way too little income. Miners do it because they do not want to disturb the market since all of their money combined could destroyed the market in a single second if they sold all of it at once.

However, they do over the counter for a bit cheaper than the market price and the buyer sells it slow by slow to market without disturbing it and makes their profit. Hence if you would like to do it there are options like localbitcoins.com where you can go and buy for cheaper than market price but even the transaction itself could cost you the difference between cheap OTC price and regular price so it wouldn't make any sense. I would suggest sticking with exchange since in the end there is a reason why rich people do OTC.

I think investment is popular around here, we are mostly people who are using bitcoin as an investment and we are doing it fairly right because even the ones who are losing money is not going away and tries to make it back and considering bitcoin is a bull coin in the long run anyone who has enough interest to bitcoin could potentially always make money.

Yeah, you can get in during the bear run and lose money but if you do not stop there and keep reinvesting at lower stages as it goes down than you are going to average the entry point down and when bitcoin eventually goes up (it always does) you will profit from it. So, investment is cool, we know how to do it, we have the perfect coin for it and we have the perfect system for it, I would say investment wins this one.

The latest news is that Celtics don't want to resign Kyrie so he is gone but they did it knowing they would have a back up. Kemba Walker got a 160 million offer from Charlotte instead of a 220 million one which I could understand because Hornets are not going anywhere with this team and for the past 15 years they haven't managed to really do anything so its time for them to start tanking and send Kemba away.

Celtics will get Kemba and Kyrie has a possibility of going to Nets because DLO Russel were eyeing to go to wolves as well, so you see that comes in a circle all around, Kemba to Celtics, Kyrie to nets and Dlo to wolves. Kawhi situation is still not over yet but everyone says that Kawhi is waiting to see where KD goes, if it is clippers than Kawhi may join him as well, they could have enough cap space to get them both.

I doubt just because facebook will have Libra it will turn into world domination. This is not some movie where people are fighting to have world domination by evil guy but heroes come in and save the day.

When a rich person does something they do it for only one reason and one reason only and that is to make even more money than they have, nothing else. They want the power and they want to have the ability to be truly free, as in literally kill someone if they have to and get away with it (don't assume its weird, third world country dictators do it all the time).

So, facebook and mark will have libra and more power over more people thanks to it but they don't want world domination, they don't want to control the world, they only want to be not controlled by the world that's all.

Anyone who thinks libra could even rival bitcoin shows clearly how they didn't even understand why bitcoin is so successful to begin with.

Bitcoin is so great because it has no central organization, it has no controlling party and it is purely incorruptible. Whereas libra is literally facebook coin that will be stable and pegged to fiat currency and will be sold and managed by facebook.

If you mean investment wise libra will be stable so it won't have any chance making you any richer, if you mean technology wise bitcoin had 10 years to improve whereas facebook will be new, if you mean community wise bitcoin has built a strong one for 10 years whereas facebook has its users but not all will use libra and only a small portion will. Basically in every single aspect bitcoin is much better.

I think not just bitcoin but crypto could play a role in there. I mean think about it if you have a national crypto like petro that is based on a resource you have in abundance then you can actually make a big difference in your countries problems. Why would a country have inflation?

Well, they usually have too much worthless money and nobody really needs that national currency for anything at all that is why, the moment your countries money becomes so useless that even your own nation doesn't use it it becomes worthless. However if you have a crypto pegged to a national resource you have a lot of like petro that will be needed and used because people will want your oil (or whatever it is) and they will have to buy your petro to actually buy your petrol which will make your currency valuable and wanted again.

These countries will also be kind of an example, there have been some before and countries which that saw others support crypto get taxes and support and economical positivity from it also replicated the same laws and the numbers grew but the more is merrier and it is harder to get from 1 to 2 countries but easier to go from 50 to 51 so the more countries there are the more countries will start to support as well.

Maybe china will not get supportive all of a sudden that is for sure and maybe Russia will become even more crypto friendly but in the end there are still some places that have neither banning of crypto nor supporting of crypto and we should focus on those countries that may see these ones as example and make changes to their laws to get some advantages as well.

I think ID is a personal option, I mean why would I agree with them to keep my ID and information safe when I can just not give it to them? These small stuff that you slowly agree to do with promises becomes bigger than you think, if you just not allow them to do it then they will have no choice to just allow you to do trading without ID since there will be competition offering the same thing.

However, if you allow them to take your ID and enough people do it then in the end there is no way they will stop asking for it, maybe government wants to take it, maybe they are legally oblige to ask for your ID and give that to countries but if I have an option to stay under 2 bitcoins and not give my ID then I will keep doing that forever with multiple exchanges instead of use one and go over 2 bitcoin.

I think that is not remotely possible because if a person who is creating the ICO no longer wants to work on it than they have the right to do so. Coins are almost always decentralized and if even the creator of that coin doesn't want something yet the people and miners do then people will pick the new fork and the miners will too which means owner will have nothing to say. Did we asked satoshi nakamoto when we moved to segwit and now lightning network? No.

It means when a coin is out its everyone not just the creators thing, if a creator doesn't want to continue working on it then they can decide not to, it belongs to people now and not the owner. The owner offers you a coin and you pay for it but the rest is just up to gods to decide what will happen or won't happen.

I think as long as sellers do not sell at these prices then buyers do not need to spend that much money neither. We can theoretically speaking can increase the price of bitcoin without spending a single dollar. How? Simply just nobody buys but sellers do not want to sell at these prices so everyone removes their sell orders and then the lowest amount of bitcoin being sold is 20 thousand dollars and people buy there, that way from here to 20 thousand dollars there are no sellers at all and only at 20 thousand dollars there are sellers which would mean bitcoin price all of a sudden becomes 20 thousand dollars. That is just an example and it would never happen but it shows how we can just sustain the price increase by not selling as much as buying a lot as well.

I think it will be fine, we have dropped to 10.900 at bottom but now we are over 11.8k once again which means as you can see bitcoin is not going to die, its not going down, it went down a bit but afterwards it went up again, which means its not continuing to go down.

If it went down to 10.9k then it went down even more I would be scared too but after it went down it skyrocketed back up so we have nothing to fear. Check out the prices of bitcoin every single day when you wake up, if it looks more than what it was the day before then it is doing fine, every single morning you wake up the price keeps going higher and higher. That is why I wholeheartedly think that bitcoin is just fine, corrections do happen and it should, as long as we do not keep going down we will be fine.

Libra could have an affect on the late stuff but remember bitcoin started going up before libra started. I personally think that it should be creating this new wave of people interested in bitcoin but only after Libra is a reality and everyone uses it, not right now. Right now, people know that Libra will come out and those people are already crypto currency people because facebook is not making any marketing or advertisement efforts for something they haven't even published yet.

When libra comes out they will advertise it and they will have a huge marketing budget and everyone will start to use it and then maybe move to crypto currencies as well however until it is not even published there is no way it affects bitcoin at all, in couple years sure but now I doubt so.

I think the upper movement seems to be more likely right now. Look at the price right now, it had a correction and only dropped thus far which means the support lines are coming right behind us when we are going up, normally if the support lines were weak and they weren't done properly then we could have dropped a lot more yet we didn't which shows clearly that people are still bullish about bitcoin.

If the bear idea or even a slight panic selling happened we could have dropped more but people are not willing to sell their coins for too cheap since they want to make profit. Of course, there will be people who bought bitcoin for high prices during 2018 bear run and they want to get out as quickly as possible but even with that in mind I think this is just a temporary selling to make profits which will eventually stop when they run out.

I think for Kawhi its not about Lebron or AD or even Lakers to be honest with you, it could always be clippers, dude is from Los Angeles himself and he always wanted to play in Los Angeles to be with his family and to be close to his hometown because that is the type of guy he is, he always misses his home.

Now, of course this is basketball and a professional sport so he played in Toronto literally the only team that is not even in the same country as Los Angeles and as far as possible but he managed to keep at it and work hard and even won a championship, so he can totally stay in Toronto and that would make sense. But if he comes to Lakers that wouldn't be because of Lebron or AD or anything else, it would be because Lakers is literally his hometown and all of his family is there, he just wants to go back to his home that's it.

Bitcoin gambling is the main reason the number of addicted gamblers keep on growing every day and becoming too obvious, prior to when cryptocurrency was created, the number of addicted gamblers were not as much as the way it has been now, and since the invention of crypto gambling most of the new generation youth find it as a great way to multiply their coin and as well make quick money.

I come from a country where the unemployment rate is really high and the only way youths can keep themselves occupied and as well make money is by gambling especially when its bitcoin gambling, it might be risky but the great chances of winning plus the advantage they stand to gain if bitcoin increases makes every youth want to become a gambler automatically.

There is both a way to calculate it and there is also definitely no way to calculate it at all.

Now, one is having the bankroll and checking how much the bankroll is in total, some places gives this information while others may hide it (usually almost all of them gives it) then you can try to check and find how much is wagered on that website, if you can find the wagered amount you can calculate how much the house edge comes down to, which is usually 1% so find the wagered amount total and then calculate the 1% of it to find what the profit should be like.

After all that you calculate how much bankroll is and how much it earned and you divide it to each other and find how much you invested and calculate how much you should get. Of course, that is just wrong because this is casino and there could be wins and losses out of ordinary in big numbers plus the bankroll could change at any given day too.

That’s true. Everyone wants to get rich from the latest bitcoin uptrend, so many new scammers, I see a lot of them also but being Familiar with stuffs like this I just ignore. No scammer would scam me of my hard earned Bitcoin, not in this very critical time.

Let them that have ears hear. Newbies, if the preposition is looking too good, run as far as you can, its scammers alert. I hope they get the message clear because I believe greed would still not allow them understand this but once the money is gone, they come back blabbing and putting blames on casino sites. I had a friend who lost a very huge amount of money to such similar incident. This is really rampart but avoidable for the wise.