We can't deny that sooner or later government will really interfere in crypto as many see it's importance as Investment and payment option. We should be ready and not expect too much that when we're crypto we're free not to pay tax. The only way crypto will not be ban or fully have adoption without worry of objecting the law is too put taxes like Japan since the government needs to find ways to earn in any means.
Everyone should pay taxes, including those who work in the cryptocurrency market. If there is income, tax must be paid. And the easiest solution to this issue may be to buy a special patent for those who trade cryptocurrency. This should be a fixed amount, because it is very difficult to calculate and check the trader's income. |
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...There is something I don’t know? Please tell me more.
Until you have learned how to analyze the market correctly, you do not need to try the riskiest trade - margin trading. This is exactly the type of trading when it is very easy to lose your entire Deposit. Therefore, this type of trading should be prohibited for newbie in trader. |
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Almost trader and investor are panic for selling bitcoin and altcoin at lower price, they think will bad for holding assets when price is going down, how ever take half our money is better than lost much money in bitcoin and altcoin investing because give bad reputation for investor and trader.
Not everyone sold their bitcoins in a panic. Selling your asset when its price falls is one of the strategies of a trader. Therefore, a large number of traders were able to buy back bitcoin again when its price reached the minimum values. As a result of this strategy, they have increased the number of bitcoins hold. |
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I haven't searched the internet about Libra lately. Has there been any news or developments?
On April 16, the Libra Association updated its White Paper outlining the Association's new plans. The Cover letter shows the main changes: https://libra.org/en-US/white-paper/ Instead of to Libra, national stablecoins will be released, such as LibraUSD, LibraEUR, LibraGBP and others. In addition, the document focuses on the security of the Libra payment system. |
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... Furthermore what do you’ll think that China should do at this stage to arrest this fall, and most importantly do you’ll believe that they’ll be able to repair their economy?...
I believe that you needlessly worry about the Chinese economy) The country has almost won the coronavirus pandemic. And its industry will soon be operating at full capacity. And given that other countries still have a long way to go before the end of the pandemic, China will now become the main supplier of industrial goods to all countries of the world. |
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10% of active traders beat the market, and of that 10%, just 10% of them beat it to make it their profession. We're the 90%. The plebs. The only path to success for plebs is to, buy the dip and HODL.  I'm part of those 10% who actively buying and selling cryptocurrencies or in a simple term I do trading. Before I did hodl and for me it is not profitable when the bearish market strike. Hodl is good but we should do it when the market is bullish because buyers are in control. Actively buying and selling cryptocurrencies are not simple and it is not easy, if it is easy for sure most of people will also do it but the reality the risks are so high and only few people manage to handle the risks very well. I sometimes do range trading but my strategies depends on the trend of the market. At an early stage of learning about cryptocurrency, I chose a hold for myself. It was a simple solution that did not require special knowledge about trading. As a result, I received large losses from the altcoin hold after 2018. After that, I changed my strategy and started trading. |
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As a rule, such fraudulent projects differ in that they use free site templates, fake team, and plagiarism whitepaper. All this is done in order to minimize the cost of creating a fraudulent ICO. But if you carefully study the ongoing ICO, all these signs of fraud are easily identified.
Well there are some projects that looks really legit people would not believe that the project turns out to be scam. Reminds me the case of IEO scam in the past in 1 one most popular platform that the aftermath severely destroy that exchange's reputation. These kind of scam ICO usually using someone else's identities by faking it, so if someone really want to make sure try to find some clarification by forcing them to appear or making clarification video. Indeed, if the ICO team uses videos from various conferences in its presentation, it will only increase the confidence of investors in the project. Unlike legitimate projects, scammers usually use stock photos or photos processed in the editor, so they will not be able to submit videos of their team to confirm their legality. |
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I thing in the future most of the world will use crypto currency but when the time comes.. you can see how the evrething evolved for 20years
Most likely, in the near future, the national digital currency, which will be in circulation in each country, will become widely distributed among the population. But for its introduction into circulation, the society must be prepared technically. To do this, the Internet must be available anywhere, and everyone must have a smartphone. |
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...Scammers are taking advantage of this critical pandemic situation also. In this serious situation, we all should be careful and protect ourselves from frauds. I am sharing this warning to know how scammers can take advantage of the situation and scam us. We should be aware of it!..
Scammers used previously and will continue to use any information occasion in the future. And we saw them on our forum even before the FBI alerted us. In the "Scam Accusations" section, there is a thread: " All Covid-19 Scam Related Threads", already posted 17 different scams related to COVID-19. |
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ICO projects really came with loads and loads of issues and you just pointed out one of their issues, with this method the team or rather scammers can just create a telegram group, website and the scamming begins, literally they didn't put in more resources but most times leaves with huge amount of money. Nevertheless, good a thing the ICO model is no more and in the case of IEO, reputable exchanges tends to accept the good projects.
As a rule, such fraudulent projects differ in that they use free site templates, fake team, and plagiarism whitepaper. All this is done in order to minimize the cost of creating a fraudulent ICO. But if you carefully study the ongoing ICO, all these signs of fraud are easily identified. |
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From the look of things, it doesn't look like it is ending anytime soon, although ICO frauds have reduced drastically since IEO came into existence but that doesn't mean one shouldn't be at alert. About getting the information on how to create a project with ERC token for a very cheap cost, the trend will also continue as well because of one thing, it is cheaper to get and easily accessible as well. However, doing so is wrong and a red flag if found out, therefore in essence it is quite good to look beyond the whitepaper to dig out the truth.
Conducting an IEO on an exchange requires a lot of money. This is why many project teams decide to hold an ICO, to raise initial capital, and use the funds raised to conduct an IEO. This was recently done by the Cartesi team, who first held an ICO, and now on April 24 will hold an IEO on Binance. |
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...Considering that everything has been moving to the "online world" lately, I believe that the coronavirus pandemic will pave the way for CBDCs (Central Bank Digital Currencies) quicker than we've expected. After all, it'll be much safer to conduct transactions online (and eco-friendly too) than doing so in the physical realm. Crypto will rise like never before because of this, leading towards the accelerated development of CBDCs.
...
I don't think that COVID-19 will speed up the transition from cash to national digital currencies in any way. After all, even now there is a parallel with cash - their non-cash form. And recently, more and more payments are made using credit cards, in addition, Visa and Mastercard also support noncontact technology. |
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...On the other side investors need cash to by necessities so some of us sell their assets resulting for the market to turn bearish. Its not because of the virus but because of the investors who sell for different reasons.
At a time when many people sit at home and do not receive a salary, income from cryptocurrency remains the only earnings. Therefore, many people instead of expecting a high price for bitcoin are forced to sell it now at the current price. But the good news is that we don't have to sit around in quarantine. |
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I join those who recommend the cryptocurrency exchange Binance. I use it myself for a long time and passed verification there. I didn't need a completed KYC to increase my BTC withdrawal limit, because I don't have that kind of money, but to take advantage of additional services such as participating in IEO and margin trading.
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Let's always display banners of bitcoin and list its advantage over fiat and get to give discount for anyone who wants to pay for our goods and services even if it's a very small discount. People generally are attracted to low price with good quality.
It is very difficult to force a seller who knows nothing about bitcoins to accept payment for their goods in BTC. In addition, this form of payment in cryptocurrency will be considered illegal in many countries and the seller will not be able to conduct this financial transaction in their reports. |
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The teaching is schools will be good one just like different curriculum has been added. Scientific studies have be introduced because of growth in technology and I think digital training too school be added because of cryptocurrency usage.
In order for cryptocurrency to become a subject in school, it is necessary to legalize it and accept it as an alternative payment method in the state. Therefore, we will not see such a subject in the school curriculum in the near future. In this case, if this is not possible now, then let them not at least not interfere. |
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People really have to be careful and mind the way they give out information, so that they won’t fall for all these things.
This is the same thing that made delete an email I was formerly using for work; I used the email on a fake site, won’t blame myself , because I was still new to all these online things, and after I used my email there, the site gave out my email to other Fake sites that are owned by scammers and even gave out some of my information and I had to delete the email and stop making use of it. They will keep sending you some dumb messages and keeping waiting for you to click their links.
This is a problem faced by everyone who has previously engaged in bounties and airdrops. As part of these programs, we were forced to leave our email address. Now fraudsters have created huge databases of such addresses for sending spam messages and various types of fraudulent links. |
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Обновлена статистика по состоянию на 1 апреля 2020 г.
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