In the UK certain iterations of gold coin are capital gains tax free and there's no value added tax on gold, but there is on silver. Trouble is the OP isn't declaring tax on the Bitcoins earned to buy them.
in Pakistan there is not any kind of tax on gold or silver, we just buy it from shops in markets without paying any kind of tax, so if the shopkeeper is ready to accept bitcoin for shopping gold or silver then you can buy it using bitcoin without paying any kind of tax. |
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In my experience I have no memory of having taxes on bitcoins I have bought. I bu bitcoins through banks and there is so little fee but after you have deposited it the bank then will return the fee as rebate. Maybe they get their tax through some other thing like when we will exchange our bitcoins into currency then there would be a little fee.
i thinks still there is no place where banks accept bitcoin, or may be recently some banks have started depositing and withdrawing bitcoin but still i have no clear area, if it is so then it will be really a good news about bitcoin, and hope it will really promote bitcoin in society. |
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A world without Bitcoin will still a working world. Bitcoin is only an alternative money for us who knows it. People can still continue what they are doing daily with or without Bitcoin . There are still the flat currency and the gold to use as an investment.
yes that is right to say, as still moos of the people are using fiat currency and those people who are using bitcoins they are also using fiat currency and they are using bitcoin as secondary currency, therefore i think there will be no such big effect on the world if bitcoin become disappear. Yes I agree! This world can live without bitcoin and other digital currencies. Bitcoins are for people who are into digital world. Those who make there computer their lives. But I do not want bitcoins to be gone right now. I have benefited through it a lot and all other people who uses bitcoin as another source of income or those who wanted an income. I was able to make a living because of it. yes that is a fact that the world is not going to stop without any one or without any thing, this world will continue the day will change into night and the night again into day either bitcoin exist or not, but it is also a fact that currently bitcoin is really giving us benefit so it must stay, |
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I don't think the current price is the result of manipulation might look like it but we have to think the current price is the most fair for the miners cover the cost of electricity.
yes i am also agree with you, i also think that the price of bitcoin is really not the effect of manipulation because it is not so easy to manipulate the price of bitcoin, because it is not a legal currency, it is really a universal currency, i will like to say that the price of bitcoin was effected by the bitfinex hacking and now the price is going to recover its previous position.. |
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sell and rebuy @ 800$
but i think you will not get the chance to buy bitcoin again below 800$, once its price cross the psychological limit of 1000$, the wise decision will be to hold it for some more time and not to sell it because this time the price of bitcoin can easily cross the 1200$ lever very easily. |
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growing pain is part of growing, so in future bitcoin price will be fail to super bottom price then rise again ?
what do you think about it ?
I don't think bitcoin will fall to super bottom line price like 1 usd or less ea. I think by now bitcoin had established some of its value. The reason why bitcoin is a bit stable this past weeks. Though it may fall in price but not that low in my opinion, and then regain and get higher price than it was weeks before the fall. yes i am also agree with you that the price of bitcoin is not going to crash any more. although the market will certainly take some correction but it it does not meant that it will fell down to its bottom line, and perhaps it fell down so such a low price then bitcoin will be consider as dead. |
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if the bitfinex hacking incident didnt happen may be we are in between on $700-$800 mark i guess since the bitcoin price as of those days are going uptrend but the incident do happen which causes the bitcoins price to dump down -$100 average which is a thing that some bitcoin users worry about but for sure the price would gradually increase.
we nearly touched the $800 price level just before the block halving, but that was just related to the hype. i think the price was due for a correction after the block halving. the bitfinex hack dump resulted in a low of $465. if you take that into consideration, then current price isn't that bad at all. I agree with you. The current price is not affected by the Bitffinex hack. It is actually similar to the level before the hack. no i am not agree with you, i think the bitcoin price is really effected by the bitfinex, we cannot ignore the effect of bitfinex on bitcoin, but i will also like to say that the price of bitcoin recover its position very soon and now it is trading just below from its original position, which we were expected before the bitfinex hacking. |
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we can observe that the price of bitcoin is really remain stable for most of the time, and i think it is too good and is in favour of bitcoin, the other reason is that we can see that the price of bitcoin gone up about 40 points in previous days so now we can expect a little correction so the price is stuck to one place or just lower down a little.
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I am not sure when the pirce is going to fall again because I am really hoping to buy some Bitcoin again, the price at the moment is a bit high for me.
Do you think that the price is going to be a lower then the price is right now or is this the lowest?
The price will trade between $600 to $790 in the next few months, so it might be possible to buy just below $600. yes that is a fact that it is a good to buy bitcoin in present time or just below 600$. as it is expected that the price of bitcoin will raise to a very high price, some people are even expected that the price will cross the all time high limit at the end of this year or just in the start of the next year. |
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I agree with you if you are just an ordinary gambler and you are just going to play with your excess money and you are just going to treat it for fun. Then you are not going to earn with it. But if you have ample capital as you play gambling for sure even you are going to lose you are able to manage to get back your loses as you have a lot of capital. And most of the people that has a lot of capital with gambling they are the ones who are earning easily with gambling.
I don't really think they can earn an easy money over gambling cause their is no such thing as easy earning over gambling even if they have a large amount of capital it is surely not infinite to not decrease a certain amount of numbers right cause nothing would last that long in these world even a big company get bankrupt too, maybe the method in playing gambling are easy to understand but the randomness in winning over it would not required a knowledge cause it is just a mere coincidence. That's right no easy money over gambling and the feeling we got to bet on something it's just a coincidence at the time of winning the bet and that too make us go to inside a trap of addicted. It is not a trap because when we were able to predict the outcome we win but the problem is on how to effectively continue our journey in gambling which a very difficult thing to do as everyone loses in the long run. I think everything you say can not be realized. Because we can't do a definite prediction And that we can do is play in a good way and not do gambling by way of the greedy or vain. And also the advantage that we get in the gambling is only temporary, so gambling only for pleasure and not applicable for profit Predictions can be done but only on sports betting, because if we know the game both teams we can predict effectively. But for other gambling other than sports betting, we can not make predictions because the only game that requires luck. And gains in gambling it can not be obtained, and it tends to temporarily. therefore, I think sports gambling is the easiest of other types of gambling. because sports gambling seem easy to predict, any result can happen without cheating, because we can see a fair match. but other games are difficult to predict and really depends on luck. although gambling is through out risky and dangerous but still if you are doing gambling on sports there you have chance of recovering your position any time, so i also accept that gambling on sport is a little safe and less risky as compare to other gambling games. |
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Trading actually involves a deep study, before investing your money or putting your possession into it... So, for those people who just listen to one or two articles and then go straight into trading for that stocks , would be more like gambling.
It is true. Anyone invest money in trading based on someone's suggestion is like gambling so don't ever invest money based on some tips. Instead, try to find out the news is correct or not before investing. Many people lost money who invested based on some suggestions and start blaming the tip provider. Getting tips from the expert could help in trading but you should not only rely on what they said because you have your responsibility to do the right research before to decide, that is your money that is being use in trading so you should manage it well in order for you to grow your capital. just don't listen to someone in the trollbox  they are full of lies. gambling and trading are similar thing actually , both are about wagering money to get additional money , both are uncertain thing , both about guessing and predicting , so you can consider trading as gambling if you refer to those reasons. no i am not agree with you trading and gambling are not the same thing, there is big difference between them. gambling is more risky than trading, in trading you can get the chance to recover your lost but in gambling you do not have a chance to recover you money without invest more and more. |
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I mostly trade more because I think that gambling is riskier and I never had luck with gambling, gambling is just nothing for me.
I prefer trading and mostly the profits are also better, plus you are involved in something.
but i think every one has their own choice, a person may be good in trading so he will give prefer to gambling but some another person may have good experience and interest in gambling so he will like to invest in gambling and he can make good bitcoin in gambling. |
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my strategy gambling is marti
but my strategy in gambling is very defensive, i do invest such amount of bitcoin in gambling that i can bare to lose and that i can afford, and i never try to exceed that limit, |
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i think it depending on the day if it is really a bad luck day then you can really lose a big mount of bitcoin but it also depend on your strategy, if your strategy is to invest a limited bitcoin in gambling then you can only lost such amount of bitcoin,
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the fun in gambling comes when you just play with small amount and you win, even if you lose you will not regret a much because you just gambled with very small amount
but if you are winning a good amount in gambling then there will be more fun, so it is clear that we can make fun in gambling only and only in one condition and that is to win, if we are winning gambling so we are making money but if we are loosing it then there is no fun in gambling. |
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I prefer Bitcoin. However one may argue that Gold is a better way to store your wealth. Replies from me and many more on the several threads on the subject: 1, 2, 3yes that will really be a very good decision, although gold is more stable than bitcoin but to me in present time investment in bitcoin will be more profitable than investment in gold. because if you invest in gold the price of gold have very little fluctuation and there is very little down fall in the price of bitcoin, while the price of bitcoin has a big fluctuation and so it provide good opportunities of making bitcoin. |
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One day, Ive sent all of my bitcoin in a wrong address.Im trying to find a way to recover my bitcoins but it simply cant. That is why i almost quit using bitcoin. Now im recovering my lost bitcoins. I didnt blame anyone because its my own fault . And I dont expect that i can recover my bitcoins cause it is a human error
Lol I think you have to be careful again in the transaction because you forget to make a copy of an address, you must know that bitcoin transactions can not be undone. so whatever you do to recover it. it is a useless thing you know Yeah once the coins are gone from your wallet, they are gone forever and its almost impossible to recover it again and I am jealous of that guy who would have received that free bitcoins  i think you should not be jealous of the guys because it is not good morally to get the bitcoin of a person accidentally and then not to return it to him, if you receive bitcoins accidentally then it is your moral duty to return it to him but most of the people do not return the money and keep it with them. |
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yes there is no doubt about this, running a exchange is not such an easy job if need a gook skill and experience, if you have some good skill and experience of running an exchange they you can run it in a proper way but if you do not have any experience then it will be very difficult for you to run an exchange.
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for me signature campaign is the most popular way to earning bitcoin, then trading altcoin and other people choosing stupid way with gambling in bitcoin.
yes signature campaign is also a good source of making money, but it is also a fact that signature campaign can give you a little amount of bitcoin, if you want to get a good amount then you should try to invest some good money in bitcoin and then invest it in some some profitable area like to invest in alt where you can really get a good amount of bitcoin through investing a little amount. |
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to me i think there are very little number of people know about bitcoin, in our area there is too much need of introducing bitcoin in the people so that they may know about bitcoin and start using it, i think just a few number of people may be know about bitcoin and they will be using it only for investment purposes.
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