🎯 The largest Canadian bank TD Bank has banned the purchase of crypto currency by credit cards
💳 Toronto-Dominion Bank (TD), one of the largest banks in Canada, informed its customers by e-mail that the purchase of credit cards using credit cards will be banned.
Your thread title is slightly misleading. I was expecting to see that they had banned buying crypto outright but it is just with credit cards, which is nothing new really. They are just following on from South Koreas move in early January. We can expect more and more banks to issue these statements but people are still free to buy crypto by bank transfer.
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very interesting infographics.
These clearly would indicate that the merit system is working and people from all ranks are receiving merit.
I would recommend that all further merit queries and complaints should be directed to this thread !
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1 merit awarded for the twitter link, interesting chart.
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Thanks for the links, 1 merit awarded.
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What a great idea, is there plans to have these posted in a seperate thread for all to view? I created a simple image for "long-term holding"
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I am looking for up to date info for ETC Ethereum Classic
if anyone would care to help?
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I am looking at coinmarketcap now and I dont see the panic, nearly everything is down. There is no hard and fast rule as to why any coin reacts differently to BTC.
While I dont trade regularly, there may be a trading trend if BTC starts to rise people trade into it from other coins because lets face it every other coin has a trading pair with BTC
The main thing is not to panic.
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I view BTC in many ways.
I see it as an alternative to FIAT currency in the future especially if we fall into another economic crisis and we cannot access our FIAT for day to day living and hopefully we will be able to use BTC
I also see it as a viable long term investment plan, something that my day job will never provide me with. Independence from any day job and any FIAT.
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This is plain silly. Generally no other crypto is directly linked to BTC, if by some unforseen freak event were to terminally damage BTC and noone was willing to either Buy, sell or mine it the price of other coins would be temporarily affected but only temporarily.
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I would agree with others and advise you to hold for the long term because there is a better chance of a return. There is a great potential to increase profits now that BTC is at a low price when it rises.
If investing in an ico or another coin i use new funds and leave my existing BTC for the long term.
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I use Google Newsstand for my general news as well as for Crypto news. Yes you can use Bitcointalk because everything ends up here anyway but it doesnt provide alerts.
I would suggest to check and verify all news articles before acting on them, because we have seen this year already many false reports.
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Maybe research and consider PLENTIX in my signature! Here is the ANN thread > https://bitcointalk.org/index.php?topic=2893320.0Plentix is a decentralized blockchain-based platform and application aiming to connect and reward all participants in an online referral program. Access To Tokenized ReferralEvery time businesses and customers connect, every recommendation for a friend, the Plentix token stores and transfers value. As Plentix is a network platform with an underlying token that is an asset in the crypto economy, everyone wins: the platform’s success is intimately connected to the success of its users, the growth of its token and the value of the ecosystem powered up by the Plentix platform.
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For the past number of weeks there has been a mixture of manipulation and weak hands which has driven the BTC and crypto values downwards.
There are those who are able to make the right moves and will sell at a high value and be able to extend their portfolio when the values are at the bottom knowing that ultimately and eventually the values will rise.
And there are those with weak hands who panic ans sell at a loss.
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Of the coins or tokens that i currently hold SIA for me has the brightest future purely because of where the project has come to and where it plans to go.
The SIA team are working consistently on new developments to move the project forward and the project is currently a working product with good adoption which is set to increase when larger scale mining happens this year.
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Bitcoin will not reach $14,000 tomorrow, it may not even reach it by the end of the month, it is really impossible to know, it comes down to speculation.
We shouldnt really be so concerned about BTC price and timeframe, there are so many factors and potential positive and negative news Evebts which can affect BTC and it is impossible to know what the market reactions will be.
We need to be patient and to relax.
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This is one of the feasons why south korea for instance are introducing a degree of regulation in crypto. Some people were loosing the run of themselves on the run up to BTC high price of almost $20,000.
The regulation is in a way to protect the users of crypto, that was the reported news anyway.
Borrowing fiat to invest in crypto is dangerous, only use what you are willing to loose!
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Good points above. I would like to add my very simplistic views on what is lacking 1. Quicker transaction times 2. Cheaper transaction fees 3. Wider variety of merchants accepting BTC 4. More people willing to spend and trade
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Taxes, like death, are inevitable. When they go up, people complain. Txn fees are a form of tax on BTC that goes to the miners. No-one wants to pay them but they have to.
i wouldnt agree, fees are not like taxes, and fees are not a tax on transactions. We need computing power to complete our transactions, and those transactions are grouped into a BLOCK. The miners provide a service to process those blocks and without them its not going to happen. Now, this thread could open a debate on "mining" and the seemingly centralised form it has taken and the actual costs per transaction. But in the end, there has to be miners and they aint going to process our transactions for free.
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Is this a cheap price grab opportunity?
Where were you when price was 6000$? You were waiting for price to increase to $10K and now you are thinking to buy, but that is ok because bitcoin will reach new ATH, so if you wan't to grab some cheap bitcoins now is good time. Are you buying?
Holding at the moment. If you are aiming to invest in altcoins then yes it would be the best time and would be an opportunity to buy altcoins at this time. Grab the opportunity if you are willing to take risks. Don't expect to earn profits right away but instead go for long term so you won't feel pressured.
This is not altcoin discussion spot on, Bitcoin is making a positive move now and all of a sudden there is signs of FOMO. All last year I saw threads like this being created, is it too late threads. If you believe that Bitcoin has the potential we all know it has, just buy it and hold, the price will go up and it will go down but long term it will be worth more than it is now. There will be more adoption, more regulation, more fake news, more negative and positive news but through it all it will still be around for all to use and benefit from. Here is very good reference thread which will help you realise you should buy now > https://bitcointalk.org/index.php?topic=2933199.0In this time of Fear Uncertainty and Doubt it is sometimes good to look back at what has gone before. We should learn from other threads from late 2016, through to the latter half of 2017. There were so many threads asking if it was the right time to buy Bitcoin because the price was rising but some people still doubted it would last. So here are a few older threads which could be interesting and helpful for these current times and to learn to BUY NOW and have no regrets. Warning These are big threads, I have listed the thread start date, the title, the link and the approx. price of BTC at that time. September 30, 2016, Bitcoin is a good investment now, because... https://bitcointalk.org/index.php?topic=1631600.0 (bitcoin price - $605) July 06, 2017, Is it too late to buy bitcoin? https://bitcointalk.org/index.php?topic=2006434.0 (bitcoin price - $2864) August 06, 2017, regret by not believing in BITCOIN? https://bitcointalk.org/index.php?topic=2068454.0 (bitcoin price - $3252) October 19, 2017, when is the right time to invest on bitcoin https://bitcointalk.org/index.php?topic=2288662.0 (bitcoin price - $5411) We wont be going back to those prices above and we may not be visiting sub $10,000 after this current low spell so buy now.
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Fact #3: The founder of Litecoin, Charlie Lee thinks that the Litecoin Cash fork is a scam, here is the tweet from SatoshiLite > https://twitter.com/SatoshiLite/status/960197866546282496There is potential for some people to get caught up in this and be scammed. The Forkers are looking for people to input their private keys from their Litecoin wallets into the Litecoin-cash site. For anyone not in the know, once you give away your private keys you loose control of your wallet.
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