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541  Bitcoin / Bitcoin Discussion / Re: If Bitcoin stops........ on: April 11, 2018, 03:51:54 AM
What does "bitcoin stop" mean? Who can stop it and how? Virtually no one can stop the bitcoin. This is not real anymore. If this were possible, China would have stopped it long ago and would have set up its national centralized crypto currency, which could replace it. However, they already understood that it was impossible to do this. Bitcoin is only growing and improving, although it happens with numerous difficulties. However, nothing new simply does not come, the crypto currency is too revolutionary to be immediately accepted. It changes financial relations, which have been adjusted for centuries and millennia and for how many years the whole system can not be changed.
542  Economy / Speculation / Re: Is Bitcoin price ready to touch the moon..?? on: April 11, 2018, 03:04:59 AM
While I do not see that positive information, after which bitcoin could begin to grow in value. Information now comes either at the neutral level, or with some deviation in either direction. We either need significant improvements in bitcoin, or something else, that would shake this three-month stagnation. It is unlikely that demand for bitcoin will increase after April 17, when the US will finish filing tax returns, demand after this may increase, but not so much. It is still difficult to predict the bitcoin rate even in the near future.
543  Bitcoin / Bitcoin Discussion / Re: Price of bitcoin vs other coin. is this right? on: April 10, 2018, 05:25:15 PM
You can not set a certain rate of any crypto currency with respect to bitcoin, so that this rate is fixed. In the world of crypto currency, everything changes very much and the price of any coin also. In addition, coins and tokens are still developing, their technology is being improved. Therefore, prices can not stand still, even in relation to other coins, including in relation to bitcoin.
544  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin become a daily currency? on: April 10, 2018, 05:13:13 PM
If problems with the slowness of transactions and the high cost of commission fees will be solved, bitcoin may well become a crypto currency for everyday purchases. Although a few months ago this was a very big problem for bitcoin, recently the situation has improved a lot. Transaction fees have become small and this is already noted by many. If bitcoin will improve in this direction, it is quite possible.
545  Bitcoin / Bitcoin Discussion / Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why. on: April 09, 2018, 04:29:27 AM
Nothing new in this article contains. The same charges against the crypto currency that it can be used for criminal purposes. And what can not be used for criminal purposes? Terrorists now use cars to crash into the crowd to sow panic in Europe. Maybe we will give up cars? Or here in London they attacked passers-by with knives. Will we ban knives? All these attacks on the crypto currency are stupid to impossible. Of course, many people do not like the development of the crypto currency, it violates the established system of profit distribution and therefore a lot of money is spent to discredit the crypto currency. This was to be expected.
546  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin Replace Gold ? on: April 09, 2018, 03:53:18 AM
Bitcoin or another crypto currency will not be able to replace gold, since these are completely different in nature and even exist in different worlds. The value of gold remains unshakable for thousands of years and it will uniquely continue its existence as a measure of value and value storage and beyond. This is still a crypto currency, which exists for less than ten years, until it has a clear enough perspective and various problems constantly arise with it.
547  Bitcoin / Bitcoin Discussion / Re: Does bitcoin pose a threat to banks? on: April 09, 2018, 03:40:32 AM
Just as the digital era, the photographic industry witnessed the bankruptcy of Kodak, the rise of online music, the disc has also been quickly eliminated, after the advent of bitcoin, the financial industry may also need to carry out major rectification. Will the bank disappear?
There is no threat to the existence of banks bitcoin and other crypto currency is not. Crypto currency significantly attracts customers of the bank and they lose their profits from this. No more. However, bitcoin and other crypto currency can not affect the existing banking system so that it ceases to exist. Crypto currency will not succeed. It can not replace the banking system, which is very necessary for every state. Any state carries out planning of the budget of the country's economy and controls its implementation through a system of banks, mostly state ones. This system is unshakable and crypto-currency with its high volatility is not even worth intervening. Any such interference will be severely suppressed by the state. Therefore kriptovpljuta can exist only in parallel with the banking system. The banking system can only improve due to the use of blockchein technology, as well as receive its commission from operations with crypto currency.
548  Bitcoin / Bitcoin Discussion / Re: will people lose intrest? on: April 08, 2018, 07:09:35 AM
Hello!

If bitcoin died do you think people will lose intrest in other cryptos aswell? which altcoin would you invest in if there were no bitcoin?
Today, many people involved in crypto currency understand the fundamental difference between bitcoin and another crypto currency. Therefore, if bitcoin for some reason suddenly disappears, in many ways it will depend on the cause of its disappearance. If it is associated with drawbacks of bitcoin, this should not affect the continued existence of another crypto currency. However, in the event that the disappearance of bitcoin is associated with the general shortcomings of the crypto currency, the reason for such a shortcoming will be of great importance. In general, given that even today there are a lot of various promising altcoyins, they will continue to exist despite the lack of bitcoin.
549  Bitcoin / Press / Re: [2018-04-07] Cryptocurrency and taxes – it’s complicated[venturebeat] on: April 08, 2018, 06:40:48 AM
This sounds very difficult, and even harder to do it in practice. If you calculate a fairly difficult taxable bitcoin, then what to say about its calculation in various little-known tokens. It's almost impossible. In my country, they have not yet decided on a crypto-currency, and even more so with taxes on it. Citizens of my country are not as law-abiding as we will admit, citizens of Japan and therefore, even if the relevant laws are adopted, they are unlikely to be enforced. Moreover, if the calculation of the object and the amount of taxation will be imposed on taxpayers, and this information will not be known to the tax authorities.
550  Bitcoin / Press / Re: [2018-04-07] $300 Million Bitcoin Scam Unearthed In India on: April 08, 2018, 06:19:43 AM
This is one of the cases of usual fraud that was previously spread using conventional money so called trust companies. Therefore, this fraud is not inherent for the crypto currency. I think that the banks of India will not use this case to confirm their position about the big risks to which the crypto-currency activity is exposed.
551  Alternate cryptocurrencies / Altcoin Discussion / Re: VOTE! Do you participate in ICO that requires KYC (your personal data)? on: April 07, 2018, 05:18:21 PM
As a participant in the ICO signature campaign, I do not fundamentally join ICO projects, which, under the conditions of accession, provide for or do not exclude the conduct of a KYC audit. Such a requirement for participants in the signature campaign is illegal, because we do not invest any money in the ICO project. If we also consider the verification of investors, then in fact this is not a test, but the collection of personal information regarding investors. The ICO team is not a law enforcement agency with the authority to verify the data provided. They just compare this information to each other and if this information is not something suspicious, it is counted. However, even the law enforcement agencies of a particular country can not simply conduct a check against citizens of other states. Therefore, in the end, this is not a test, but simply the collection of confidential information and such a collection must be discontinued. This is a very bad trend. I think that for the entire period of the conduct of KYC inspections, no one has been identified who would attempt to launder "dirty" money. Therefore, the collection of such information under the guise of verification brings more harm than good. In addition, such an audit is easily circumvented by providing copies of other people's documents.
552  Bitcoin / Bitcoin Discussion / Re: Lost private key. on: April 07, 2018, 02:49:54 PM
The loss of access to your secret key if you can not recover it or otherwise bypass it means a complete and final loss of access to your coins or tokens. There is no other way to gain control over a digital purse. In this case, you are left to forget about your coins.
553  Bitcoin / Bitcoin Discussion / Re: How to deal with India and countries that ban Crypto currencies on: April 07, 2018, 02:17:15 PM
With countries that prohibit crypto currency, there is no need to fight. They themselves after a while should be convinced of the error of their step and want to use the crypto currency voluntarily. The imposition of their opinions will lead to nothing good. Everything should develop naturally.
As for India, it does not prohibit crypto currency. The Reserve Bank of India recommended that other banks stop providing services in the crypto currency. However, its use outside the banking sector continues. Such a decision is not so significant that it is regarded as a prohibition of crypto currency.
554  Bitcoin / Press / Re: [2018-04-06] Crypto Self-Regulation Deemed Likely in South Africa on: April 07, 2018, 01:50:04 PM
Regulation of the crypto currency is actually a public organization - it is much better than such regulation will be carried out by the state body. However, in the event of a conflict of interests, nothing will prevent the state from repealing any decision of such a public body. Everything depends on the civility of the approach to solving this issue. In any case, the creation of such an organ should be welcomed. Let's see what this body can do.
555  Bitcoin / Bitcoin Discussion / Re: Bitcoin is a tax on: April 04, 2018, 04:39:31 PM
Bitcoin is just like any casino or lottery - it is a tax on stupid people who fundamentally do not understand that this is a game they will lose. It is tax on low intelligence.
The use of the current crypto currency can not be regarded as a gambling in a casino. Crypto currency significantly increased the level of financial relations in the world, presenting ordinary citizens more financial freedom, anonymity and confidentiality at the disposal of their funds. However, without some excesses, it does not do. I see that bitcoin can resemble a gambling when investing in it in the event that it rises too high in its value. Then the rates will be very high. Investors will either continue to receive their superprofits, or the price of bitcoin due to some negative information will begin to drop sharply and bitcoin may depreciate in a very short time due to the panic that has arisen.
In other cases, we can assume that the crypto currency has come to us seriously and for a long time.
556  Other / Beginners & Help / Re: Questionable wealth because of Crypto on: April 04, 2018, 04:18:14 PM
Our Government here will always question people who become rich instantly, sometimes they will relate all the wealth to drugs and smuggling so they can send us to jail for a questionable wealth and not paying taxes. they will do background checking, even if they dont find any illegal activities we did they still think that we do illegal. What if I become rich because of BTC do you think they will believe if I say that its bitcoin that making me rich? How will I explained to them?
We only need to know the legislation of our country with respect to the crypto currency. If earlier there were no corresponding laws or other normative acts with respect to taxation of the crypto currency, there is nothing to be afraid of. It is necessary to explain directly the ways of origin of your money. It's easy to check. In addition, you should not prove the legitimacy of your behavior, and you must prove the illegality of sources of wealth.
557  Bitcoin / Bitcoin Discussion / Re: Crypto faster & cheaper? on: April 04, 2018, 04:00:22 PM
In January, the situation with bitcoin was really bad. The present does not even fall the crypto-currency market, and the crisis in this market has largely provoked the shortcomings of bitcoin. People have still invested in bitcoin in inertia, and he could no longer sustain such a demand technically and the situation became unbalanced. We are now practically witnessing the consequences of ignoring the need for the technical improvement of the leader of the crypto currency in the still not mature crypto-currency market. Although there are already coins and tokens, which outperform bitcoin in its functionality. We need to get rid of the dependence of bitcoin on the crypto-currency market.
558  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin become a daily currency??? on: April 03, 2018, 09:16:40 PM
Bitcoin can become a crypto currency for paying for daily purchases if its transactions are very fast and commission fees for conducting them will be small, and infrastructure will be developed to enable it to be paid at any retail outlet or service sector. It can also be a debit card, in which payment is made in fiat at the expense of the crypto currency available on the card. Of course, additional conditions are high liquidity of bitcoin and its legal legalization in the country.
559  Bitcoin / Bitcoin Discussion / Re: Stolen bitcoin can be traced on: April 03, 2018, 08:59:52 PM
Since absolutely all transactions are recorded in blockchein and this information is publicly available, we can trace to which purse address our stolen coins are transferred. Also in most cases, the information about the contents of the wallet is also open, that is, what coins are there and their number. Then you can track further where these coins were transferred and all this information is again tracked. If the country's crypto currency is legalized, one can turn to law enforcement agencies and since theft in all countries is a crime, these bodies can use their wider powers to track the movement of stolen coins. If, in the end, the thief brings stolen coins to the stock exchange or exchanger and there he will be identified for the tax authorities, or for another purpose, the law enforcement agencies will very quickly be able to establish the identity of the criminal. In the future, this is exactly how it will be, even if the coins become more confidential and anonymous. For law enforcement agencies, this will not be an obstacle, since to their requests, any institution or organization of any form of property is required to provide answers to the substance of the information requested.
560  Bitcoin / Bitcoin Discussion / Re: When will the crypto-currency market become mature? on: April 03, 2018, 08:24:46 PM
Now, really, the prices for crypto currency for some reason depend on the price of bitcoin. Although if each individual coin was created as independent and independent, they should not copy the price movements of bitcoin. If bitcoin due to its internal causes and shortcomings is reduced in price, investors in this case should invest in other coins and these coins should grow in value. However, this does not happen. Maybe, if investors do not expect to receive big profits from bitcoin, and demand will not be so skewed toward bitcoin, will the situation change? While the current situation, when bitcoin has gone down in price and all coins and tokens have gone down, the crypto-currency market has frozen for the third month, it is very depressing.
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