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Blockchain and Big banks ftw!
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Bitcoin is utterly useless without the fiat currencies currently in place. If it isn't then stop pricing it in fiat and see what happens. I think you know what your competition is.  |
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Who cares because no one controls bitcoin.
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Bitcoin is a centralized currency that is heavily mined by Chinese mining farms and also price manipulated by Chinese exchanges.
The American creators made most of their money and moved on after 2013 price spike.
They let China hold their bag because they knew that the sheer volume of the Chinese population would keep Bitcoin afloat.
The Altcoin market is like trading penny stocks.
The Altcoin market is controlled by all the American creators that took Bitcoin profit in 2013.
They run most of the successful altcoin trading exchanges.
They also help to inflate the Bitcoin market price by allowing worthless altcoins to pump and dump on their exchanges without prejudice.
Mining Bitcoin = unprofitable for the little guy
Day trading BItcoin = unprofitable for the little guy
Also, if you live in the US prepare to pay the IRS as they recently just ordered Coinbase to hand over user account records for tax purposes.
Hope this helps.
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I do not think that China is controlling bitcoin, the concept of decentralized peer to peer should explain it. Even with majority of the hashrate is located in that place, it is not own by a single personality. So the interest and idealism about what to do with he hashpower is not controlled by only one person.
exactly, peer to peer concept + strong community + opensource code + love about users = no one can control bitcoin Besides the original concept of bitcoin that exists in theory land can you please tell the viewers ho many exchanges currently control the price of bitcoin? They are after all responsible for the perception that bitcoin is not a tulip. |
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The smart money heard BTC was gonna be taxed by the IRS so they are fleeing back into BTC.
Shortly thereafter, they will cash out.
#altdeaths
You got played.
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2017 will be the year of litecoin making its comeback as altcoin king. Development has picked up, price is ready to explode with lots of accumulation happening at the moment and eth is dying.
Buy litecoin and hold before 2017 starts. Good things come to those who wait!
Make sure you save up enough to pay the IRS! |
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Bitcoin will SOAR to 2 to 3 million plus easily.
Everyone will be so rich.
They will rule the world with a Bitcoin fist!
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Bitcoin is a centralized currency that is heavily mined by Chinese mining farms and also price manipulated by Chinese exchanges.
The American creators made most of their money and moved on after 2013 price spike.
They let China hold their bag because they knew that the sheer volume of the Chinese population would keep Bitcoin afloat.
The Altcoin market is like trading penny stocks.
The Altcoin market is controlled by all the American creators that took Bitcoin profit in 2013.
They run most of the successful altcoin trading exchanges.
They also help to inflate the Bitcoin market price by allowing worthless altcoins to pump and dump on their exchanges without prejudice.
Mining Bitcoin = unprofitable for the little guy
Day trading BItcoin = unprofitable for the little guy
Also, if you live in the US prepare to pay the IRS as they recently just ordered Coinbase to hand over user account records for tax purposes.
Hope this helps.
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Grandma also knows about Facebook.
Market = saturated
Ahhaha, it's not a bad thing friends. I think if grandma knew bitcoin and all media on the internet, then it will affect or give a positive added value for all members of the family of grandma. Because I think it's all going to foster curiosity in seeing or doing something new and something eventually will become mutually reinforcing relationship chain and eventually everything will follow in the footsteps of grandma Unless grandma departs first. Then you will have to wait for the next suckers. |
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Would you look at that.
BTC SOARS on IRS news and the alt coin world gets crushed.
Who would have thunk it?
A short sellers dream.
The question is now how low will their BTC/ALTCOIN ratio go as the short sellers have a field day?
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Grandma also knows about Facebook.
Market = saturated
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MOAR CHINA WILL MAKE BITCOIN SOAR! BTCBTCBTCBTCBTCBTC  |
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I stumbled upon this website that helps you use Bitcoins to get pizza.
Is it legit?
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~ to hide hundreds of millions of dollars belonging to US citizens. ~paid a fine of $780m ~
If the same were to happen to Coinbase then I would say they better close now or suffer the consequences~
the amounts are not even the same, those who have this much money in bitcoin are never going to use coinbase for bitcoin ever. besides they have been working with the government from the beginning and honestly i am surprised this has only surfaced today. it seems like people have forgotten how US government arrested KAT owner? There will be a few large accounts. It is unlike the IRS to issue a summons and follow it up to win the court case, if they didn't suspect large scale tax evasion. It definitely won't be similar to the scale of UBS, but it will be substantial. Watch the price of Bitcoin soar to mask the actual effect this will have. All it will take is the ask/bid bot to be "reconfigured". It will be a double edged sword though. Higher price = less adoption = more tax revenue for the IRS I feel sorry for whoever is juggling the BTC price right now. |
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I can't really understand why Bitcoin fluctates fast, even it will goes up or down. Is it because there are too many miners nowadays? or the supply and demand of services through Bitcoins. The only thing that I understand is it has a really great value compare to Fiat money.
High Frequency Trading Bots that came from the wall st population. They dictate the price all the time. The rest is fluff so that you think the fluctuations have a real purpose. Think turing complete. |
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Will the IRS hijack the Bitcoin moon rocket?
Seems so.
They are a very powerful and respectable agency.
What say you?
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