after halving,i don't think cloud mining is worth it anymore although you should be very aware when trying to invest on cloud mining since there's so many fake cloud mining that actually running ponzi scheme so if i were you i won't invest on cloud mining but prefer to buy a mining rig instead
Yes but mining rigs are so expensive nowadays and to be fair, isnt worth the investment if not in the long run? mining rigs is indeed expensive but you can use it to mine coin whatever you want whether it's ethereum or monero it's up to you and it's really worth it for you especially if you got a cheap and quite stable electricity ,but to be honest,not worth if it's not for long run |
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just buy a VCC from an individual,they will not require you to fill in your data not like if you're requesting a VCC from a big card issuer
even when you're going to load it'll make you pay even higher and the security is really doubtful(you could getting scammed) but it's indeed could keep you anonymous
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Many of the online wallets services (like coinbase, blockchain, xapo, etc.,) having their own exchanges and they'll have some fees. OR if wallet doesn't have its own exchange (blockchain.info) there will be some ads on that website. I think this is the way that they're live (?).
I think their income not come from fees but from other we never know as we know if the fee transaction is for the miner. definitely not the fees,when you input a fees all the fees that you're just input is not being cut off by the online wallet,it's all to pay the miner fee for the transaction,for proof,if you use blockchain,copy the transaction id (tx) and then explore it in another blockchain explorer and then the fee will remain the same as you input before |
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Yes, aside from the mere fact that its a currency, the person transacting it will have anonymity. Thats why there are some online wallets needs id verification in order for you to make big transactions in btc.
online wallets doesn't require you to do verification with your gov document,the example of online wallet is blockchain.info or blocktrail the one that require verification is an exchanger,when you're going to buy bitcoin there you'll be required to do verification although most of exchanger also having online wallet,but online wallet still can be used even you didn't verify your account for example coinbase or whatever |
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On September 2, Agenzia delle Entrate, the major Italian tax authority, published a new document titled “Bitcoin and digital currencies buying and selling: clarification on the tax treatment” about the fiscal treatment of Bitcoin and how VAT would be applied to digital currency transactions. The document states: “Traditional currency intermediary activities made with virtual currencies held by market participants are exempt from VAT, as they are among the transactions related to banknotes and coins.”
Source : https://cointelegraph.com/news/italy-wants-to-treat-bitcoin-as-currency-and-tax-itI'm not sure If it's something to be happy or sad about ? (treating bitcoin as a real currency and in the same time .. TAX IT) but well I guess that by the end of the day , Bitcoin won't go mainstream unless it is taxable. And a new question, does the italy is already having the system for taxing bitcoin? whether if that is possible for to do that? because too many people with a lot of address and i think that will becoming a hard working for italy if they are really for giving a tax for bitcoin in their country. and italy already see if bitcoin is can be a farm field for them. and especially if they are not making research about bitcoin and just make a bad statement like this. it's simple,just taxing the merchant that accepting bitcoin payment,then the merchant will automatically charging it from the buyers whether increasing the price of the stuff or whatever it doesn't matter, so indirectly taxing the buyers,but i'd say that taxing directly to someone that using bitcoin is nearly impossible or need to put a lot of effort in it |
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after halving,i don't think cloud mining is worth it anymore although you should be very aware when trying to invest on cloud mining since there's so many fake cloud mining that actually running ponzi scheme so if i were you i won't invest on cloud mining but prefer to buy a mining rig instead
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I just wanted to get your opinions on this one , what do you think Bitcoin would be if there was no Alternative coins such Litecoin & Dogecoin and the others ...
I mean it would be better with or without them Bitcoin would have no value at all ?
Definitely not. Bitcoin is simply popular and without other altcoin bitcoin would have much more value as there would be much more demand of bitcoin if no other coin exist and bitcoin would cross the boundaries of is price. did you know that most of altcoin using bitcoin as a base currency and encourage people to invest into the specific altcoin or i say investing in an ICO using bitcoin? so it's definitely a free-advertising for bitcoin and could make bitcoin even more popular,when an altcoin just make an advertisiment out there to make people investing so bitcoin will be automatically represented |
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Loans can be a risky if you ask me but if you know that you are able to pay it back then it should be no problem at all.
Take only a loan when you need something that is important and if you can pay it back.
your statement that i underlined is definitely the main problem here,if people know that they can pay the loan back then why starting a discussion with a topic "loans too risky",doesn't make sense at all,so your statement above definitely not helping to resolve the problem,and i think most of people would only requesting a loan when really getting forced or in need |
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I generally agree with Lauda saying that online wallets should be avoided, at least for putting large amounts on it.
But I think it's perfectly fine to hold small amounts of coins on them, just not more than what you could afford to lose.
If you're trying to save coins without using them, I'd put them in a paper wallet.
If you have a small amount for spending, I think blockchain.info or xapo are perfectly fine.
i do agree with that point but sometimes we need to access our wallet without need to install an app so the online wallet is the solution,as you say putting all of the bitcoin in an online wallet is such a bad thing so only small part of all bitcoin would be fine,we can't really avoid online wallet but we want to avoid the lose |
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I don't think silver will be as useful as gold, since gold can be used in electronics and other uses,
but silver will still always have some value, and has had slight gains recently.
I'm sure its a pretty safe investment. I don't see the value going down, but you probably won't get a huge return on your investment.
If you are okay with a slight profit its definitely solid.
silver has very similar properties as gold and is also used a lot in electronics and other applications. silver is also a pretty reliable store of value. and much cheaper to get into than gold. But I think it's not having differences than using gold, but I think the silver rate is more sensitive comparing than gold and gold is always in front of than silver. Correct me if I'm wrong. these two having similiarity on price stability even there's a difference it's just a little,but the advantage of silver it's far cheaper than gold but i can say that which one is cheaper doesn't really matter since all of your money could be invested in form of these two that's the advantage of owning limited things in this planet |
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I would say neither but if I had to pick one.
Hillary seems pretty set in her ways and has been in politics FOREVER
and would take the safe route by not backing it. I could see moron trump
somehow getting a stake in some and of course if it benefits him he would
back it.
well there's also another candidate beside of those two,and i think from it there's also few candidate that know bitcoin or even supporting it,i wonder why people only consider hillary and trump as the "only" candidate when anothers are exist and could potentially be even better than these two |
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I'll never wanna to accept bitcoin become my salary caused by 1. the price is volatile 2. there is no offline store of very rarely to finding the store can accept bitcoin 3. bitcoin not giving a guarantee for me.
I think it may be true, But you need to know from you complaining in the bitcoin. I had a few things from the advantages of using bitcoin. 1. even though the price is unstable, but it is so beneficial for us in having a very good patience. 2. Indeed it is still rare, because very few companies that still accept bitcoin. But this can be overcome by swapping bitcoin to fiat. 3. did not have warranties, but the big advantage of promising bitcoin when we can wait For me it would not be a smart choice to select Bitcoin as my salary, in my country there is almost nothing that you can do with Bitcoin. So I would have to sell them all the time which is going to be annoying in the long run. there's bitcoin debit card that you can top up easily through bitcoin as long you have bitcoin in your account and when loading you just need to click "load"button and then giving the exact amount,i think it's really simple so you don't need to sell your bitcoin through an exchanger or whatever that make it more complicated |
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It doesn't matter where you keep them in addresses I mean because if one bitcoin address could be hacked then all of them are at risk.
a wallet could contain so many address and wallet is definitely different with an address,and as you say if people are using various wallet but keeping the money in the same address or even using that address's privkey in various wallet,it's the same or i say such a useless effort |
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I only use 1 .and thinking of having anogher 1. maybe they plan there first to be there savings wallet. the othe the investment wallet and the others for gaming or trading. i just think so
i use only one bitcoin wallet too, i just dont need any more right now to be honest and i hope that i wont need it in the future too because it would be hard to find everything in my opinion people should have two different bitcoin wallet, why? the one for large amount transaction with very high security and the other for your daily uses with normal security , it wouldn't be good if everytime you send the coin from one bitcoin wallet it's shown how many you have bitcoin and people could trace the owner and doing something bad. Those users having multiple bitcoin wallet mostly they are gambler because some bitcoin wallet will get you banned if you received income from grambling, and also they want the services each bitcoin wallet. it's only for USA based bitcoin wallet such as wallet that provided by coinbase,but if you're using another wallet like desktop wallet,hardware wallet,or just online wallet that's not based on USA,it'll be fine so gambling is not the reason |
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i do not think that bitcoin are going to die because are too stronger and powerful currency and everyone adopting bitcoin in huge amount and hold it for long term so bitcoin will be never go to die it will survive always.
Adoption is not huge at a moment, its increasing slowly and steadily but bitcoins has great scope to be a powerful currency in future when many more companies will start accepting it. I guess he meant people are adopting it in a large amount and that is right because not a lot of companies in physical world adopted bitcoin right now and if that happens it would surely make it more stronger than now. Its hard to believe that companies will start adopting bitcoins as price volatility can create a major issue as companies need to invest huge amount in bitcoins and if price falls then it will be a big loss for them. as long the companies adopting bitcoin only for another payment option or alternative of payment option it will be fine,there's exist a bitcoin payment API that directly exchange the bitcoin to fiat at the current rate so there's nothing to worry about the volatility,and they surely don't need to invest for doing it |
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There will be many people who will speculate the price of bitcoin and altcoins but no one knows what will happen in future, its good to spend time here but take decisions only after doing proper research on your own.
that's why it called a speculation even there's also unreasonable speculation which don't have any reason that backed up the following speculation,speculation will be just speculation at the end and the future is just matter about the time not about the speculation itself |
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you basically have to explain to them how bitcoin works, what are the benefits and the cons of it. Base on my experience i personally introduce it to one of my friend that has a business and during that time my knowledge was really not enough to explain it to him so it just end up to no deal situation.
Understanding bitcoin for someone who is not connected to internet or technology much is actually to hard because i tried it myself to make some people understand it but they might it too complex. well you're actually could just use an explanation video that available on youtube so they will know it and i guess the video could explain better than us because that video was made with effort and being planned perfectly,sometimes if we explain to another people,they'll can't know what we're talking about due to different thinking |
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The best thing you can do is investing into the bitcoin because allot of speculatings about that the price will be very high in the future can be true so why dont we all use bitcoins or just invest something.
If you have a good capital then you can buy bitcoins at this stage as price is not too high but if you are planning to invest bitcoin somewhere then it can be very risky. Bitcoin investment is always risky. there's no area where investing bitcoin is 100%safe. but if you have skills and knowledge about altcoin trading, you can earn huge fastly.But. there's also need a bit of luck and also it's little risky. The bitcoin investment is risky. So I just buy when there is price dip. I bought some when the price was around $570. I have made some profits. so the bitcoin's volatile characteristic that you say it's risky just give you some profits,so you're indirectly saying that bitcoin's volatility sometime gives a benefits to the bitcoin holder as long you're buying and selling in the right time,that does make sense,even making profit by trading bitcoin will took longer and lesser profit than trading an altcoin |
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As the title suggests, please share your views on silver and its store of value.
Silver has been used for money for thousands of years before us. But will it continue to have this function?
Why silver again ? and why not we go with gold or even bitcoin. I mean to ask what is the special feature can enjoy to have silver as store of value. But I agree both gold and silver has continuous market demands and their value appreciations too almost similar. Still, we are moving out of gold towards bitcoin, why we need to consider the third one, silver. the similiarity of silver towards gold make it could be considered as an alternate way to safe your wealth,i think that's why and it's not a wrong thing to save in form of silver due to its stability of the price,just figured out the silver's price statistic this month and i could say it's as stable as gold so why not? |
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