South Korea’s Ministry of Strategy and Finance will reportedly release a taxation framework for cryptocurrencies by the end of June, local news outlet Fuji News Network (FNN) reported March 25. A spokesperson for the Ministry of Strategy and Finance said that although they “do not have a specific time frame,” they are “thinking about announcing a virtual money tax in the first half of the year,” and FNN adds that any taxation would only start next year. The announcement of the future tax plan came after the Finance Ministers' meeting of the G20 that took place earlier this month from March 19-20. https://cointelegraph.com/news/south-korean-regulators-to-release-crypto-tax-framework-by-juneSouth Korea is going to allow traders and others to use bitcoin and tax on them? Really a positive move? Your thoughts? |
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When you say crypto currency for investment, no need to hesitate choosing any one right now. Only the profit and the coin rate would differ. I would say, this is the right time to choose as many coins as you can and invest in them. Coins are much cheaper now and we could find lot many best ICOs with best projects reaching out in the market. You can choose them as well.
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Investing crypto is best option now. So we have to choose right coin. Ethereum is one of it. In my opinion i believe it is still a good investment although it is passing through moments of downfall and in the red and following the news and the market, the currency structure is solid and when the market stabilizes its bullish prices will return.
Investing not only in Ethererum but also in any crypto coin is a good option right now. Every coin value is in red. Just look at coinmarketcap and filter your coins you wish to choose. We have coins from cheap to costly ones. Choose the cheapest ones. We have ICOs as well. Investing in top most ICOs are best now. Read out the white papers and projects. |
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Yes, there are now many people predicting ETH can beat bitcoin, I suppose this can not happen because the bitcoin value is 10 times higher than the ETH, although ETH has a very good foundation and time. Recently ETH prices have gone down a lot, it depends on the price of bitcoin. I believe Bitcoin is going to be the leader in the future and Ethereum can not beat Bitcoin.
Let's question this way, Can ETH be the next bitcoin? There are very less possibility for any coin to take over bitcoin as its too far with its marketcap and its values. There are possibility to be the next coin after bitcoin. We need look at the market. We have a coin silently coming up in the market. That's MAKER. We haven't bitcoin cash as well. Maker and Bit oincash are behind bitcoin. Bitcoin if far ahead. Let ETH take over BCH and Maker. |
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Everything is quite logical, bitcoin was the first. A huge number of coins appeared after bitcoin and were his forks. It is extremely difficult for bitmakers to catch up with the bitmys by capitalization, although the ether has made a very big step in this direction.
I already mentioned in other posts still wanna confirm it. You can see the bitcoin has been capture the marketplace with the high volume nearly 50 percentage today. This may be good for the top cryptos but not good for overall market trend. What ever changes has been done by the market place for correction you will not find the top crypto bitcoin fall down. However others please be stick with the bitcoin and ethereum for long time. Then only we will be able to find the market goes better new projects. Obviously as this is the first crpto currency and had to undergo all the struggles and pains to bring the crypto ideas into the screen, its always respected and crowned to be in the first place. Yes, it itself gained its place with its values. None had to give a way or have pitty on it to grow. The more prifits was gained by the investors and this is the reason more investors pitched in to bitcoin and in other crypto currencies. |
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I'm still wondering why bitcoin suddenly dropped over 11kUSD. i thought that it will hit 30k usd this year, but how come it's suddenly dropped? i dont think so if its manipulated by whales or maybe the supply and demand of bitcoin is one of the problem . or maybe uts a chance given to us to buy so we can havea good profits. can someone explain?
Current dip is not permanent with crypto. This fluctuation is common in crypto journey. After every correction, huge hike is surely assured. We expect April to have a spike in all crypto coins. It should start now. Compare to last year's growth. It was at $1K in Jan and December 2017, it was at $21K. started at $9K, though it is decreasing now drastically, we can expect a rocket spike in few months. |
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
I prefer saving in bitcoin and investing real estate I would prefer to invest in bitcoin rather than saving money. Investing in bitcoin will bring more and more profits than profits / interest earned out of saving money in a bank. Saving money would take a long time to gain and multiple the capital more. The best option to grow well is pitching into crypto coins especially in Bitcoin. As price of all crypto coins have come down, its the right time to invest. |
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Btctalk name: Hannahanto
Rank: Full Member
Current post count: 346
BTC Address: 1KgZXaWb28YBakNHm39HTfB4HBnZietrbS
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Hi Sir, Would like to work with you again. Thank you
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I strongly believe the whales are trying to shake coins out of the weak hands before the big pump happens. They want to consolidate as many cpins out of the hands of tye little guys before scooping up as many as they can.
The shaprs are the main source for new and old coins' growth in values. At times, it depends on the number of sharks hit the market uying coins. Pumps and dumps are decidedn They do wait and watch the market for the best ICO to cto choose. |
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Edward Snowden On Bitcoin: World Needs Better Option To Avoid Gov’t Coercion US whistleblower Edward Snowden voiced concerns over Bitcoin’s long-term prospects in an interview on March 22, saying the cryptocurrency’s public Blockchain made it susceptible to abuse. Speaking via webcam in an interview with Coin Center director of research Peter Van Valkenburgh at the Blockstack Berlin 2018 conference, Snowden agreed Bitcoin’s ledger was “devastatingly public.” “The much larger structural flaw, the long-lasting flaw, is its public ledger,” he said of Bitcoin, adding that he nonetheless “may” have used it to buy server infrastructure in 2013. https://cointelegraph.com/news/edward-snowden-on-bitcoin-world-needs-better-option-to-avoid-govt-coercionHow do you look at this? |
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I am sure if a business celebrty decides to launch his own coins then obviously the government would decide upon to launch its own crypto coin in the market. I dont think there is an obstacle in realasing the new crypto coin unless and until the govenrment is confimed of educated and skilled personalities to handle the responsibiltiy. I am sure in one or two years, a crypto currency would be found out. This would enhance the country's economy.
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Policypol, DeHedge, Lunyr, CelloBlocks are promising ICOs of April. Went through the white papers, roadmap, team members profiles and etc. A strong foundation has been there with these ICOs. We have Eligma as well. A good project which would drive it's success further urging it's value so high. We have other ICO called Fishcoin. Fishcoin is doing good as well. So choose one of these ICOs analysing the parameters i have drafted Pfwith the categories i ssupport
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Over $6.2 Mln In Crypto Assets Lost To Fraud, Hacks In Japan Last Year. Over $6.2 mln (662.4 mln yen) of cryptocurrency was lost in 2017 due to fraud and theft, according to statistics released from Japan’s National Police Agency (NPA), local news outlet Nikkei reports today, March 22. This number does not include the over $500 mln hack of NEM from Japanese crypto exchange Coincheck in late January. https://cointelegraph.com/news/over-62-mln-in-crypto-assets-lost-to-fraud-hacks-in-japan-last-yearHow this can be controlled? Your thoughts? |
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Probably it's not due to several reasons - you fully depend only on 1 coin, and if it is 100% of your portfolio - every negative movement in the market will strongly affect your profits.
According to crypto world there are so many changes will come. We can't predict the values so easily. 2017 was the year of bitcoin. But the price drops from the beginning of this year. Currently the price is not too high and not too low. So if you have bitcoin you can hold it for long time surely the market will rise up again with good changes. At that time you can sell your bitcoin and get the benefits. |
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I missed the last dip and am wondering if I should hold out for another oucoming dip or if the current price for Bitcoin are still decent.
At present the value of bitcoin is less, so this is the right time to invest in it. The prices are now going up and down. But not too high and not too low. If invest in bitcoin and hold it again market turns with huge growth. So invest in bitcoin and keep it for long time. Again the market will boom up. |
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The market is constantly fluctuating. What is your opinion?
Generally this happens with crypto. Its crypto's nature. Pumps and dumps are the reasons to keep the investors alive with crypto coins. Current situation offers you an opportunity to invest in coins. Gather the coins as much as you can through any means. Never In this time the bitcoin price is low, so we can invest in bitcoin. The fluctuations is continues for short time only. So don't worry about the current situation. So hold the bitcoin for long time the market will pump again in short period. |
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Defenitely it is a good way to invest in bitcoin. At present the bitcoin price is low, so we can invest in bitcoin is the right choice. Buy bitcoin for low price and hold it once the price becomes high. It is a good ahort term investment. When the price will reach high at that time you sell your bitcoin and get the better profits. Investing in other assets will take time to reach the gain.
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I can see that soon almost exchanges and even ICO programs will be requiring us to do the KYC procedures where we are required to pass copies of our legal documents before we are granted entrance or the use of the services or programs we are interested with. This can be as common as having a password or 2FA.
Now, personally I have no big problem with it though just like anybody else am also concerned that my personal information can be divulged to anybody or a group that might use it for any illegal purpose. This is one risk we are facing once we are actively living in the online world. Evil people who can be thousands of miles away can now be just one click away.
What are your apprehensions about the KYC procedures that will soon be as popular as noodles?
Worried of hackers. The documents may get misused. So need to be more careful of hackers. |
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It depends upon your country. There is no issues in your country about bitcoin, you can make cash by selling bitcoin. Using local bitcoin exchange we exchange the bitcoin and get cash. For that you have to pay the transaction fees. Select the exchange with low transaction fees.
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Both are good ways to earn more profits. Trading requires large amount of capital but investment is different.The risk level is high in both sides. Compare to trading investing is better chance. If you invest in coins and hold it with patience surely you will look affordable benefits in future.
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