bitcoin is not so strong enough in case of security and it can be hacked as it happen during the bitfinex attack. well the bitcoin is so strong that it can run without any government people and it can totally by itself for the world to keep going.
it is not about bitcoin, it is because bitfinex security system is not good enough and hackers attacked and change all the address. Dont blame Bitcoin, it is very good right now. If you do not like Bitcoin, you can change to another type of currency That's completely correct, exchange sites are more prone to hacking because it is where a lot of money are stored, and because of that people lose their money not because of their negligence but because of a certain site. I hope that will serve as a learning experience for those who lose their money not to trust their money in one site only although it's a popular exchange sites. |
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Why force them to do anything ? If they dont want to use it, they dont need to. Most people who dont like it are in the first world and really dont have any problems that bitcoin can immediately solve for them.
We can't force them to like bitcoin, and it doesn't really matters if they like it or not. In my point, they must have a valid reason why they don't like bitcoins, or if they are even using it. And I don't think they hate bitcoin because it gives a lot of opportunities especially to business mans, entrepreneurs and investors. Exactly, it's good to see if people do use bitcoin when they understand and satisfied with the system to bring benefits into their lives, most traders would not only rely with bitcoin as nowadays there are altcoins that has a good potential to compete with bitcoins. |
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Best way to store bitcoins is to store it in multiple wallets and you could store it as well in your computer and put some extra security features in it so that you know that your money is safe.
Well for me i dont really have lots of bitcoins to store lol
Right now, online security is getting stronger but it's not advisable to keep all your bitcoins online because it would be more safer if it's offline to minimize the risk. Also for online storage, it's good if you learn how to diversify your coins and put additional security features like 2FA if it's possible in your online wallet. Always monitor the site where you put your money and never trust it in exchange site as they are prone to hacking. |
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Well sometime ago i havent believe it would be possible to bitcoin to loose its power, but the last days the split that might happen, will damage a lot bitcoin, and we do saw the market is looking for another options to keep and protect their money.
Price is recovering again and its started to regain its position so I don't think that there will be any big issue related to the future of bitcoins as it will continue to survive even in near future as people are showing faith in bitcoins by putting their money into it so I don't think that people are looking for any other option. It's good to see the price is rising while ETH and DASH who might replace bitcoin in the future is now down, it has a different results actually and this is fun because if you are smart enough you will be able to take advantage on the price swing and make money in a short period of time. |
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Hey
How do you calculate taxes on alt-coins bought and sold with Bitcoin? For example if i bought 10 bitcoins worth of Monero, and monero rose 10% and i decides to sell for that extra bitcoin, how does that become taxed? Furthermore if/when i decide to sell the 11 bitcoin i now have for fiat, how might that be taxed? Thank you in advance.
Of course you absolutely owe taxes on alt-coins. Don't let the fools here convince you otherwise and risk your profits. So I'll assume your in the U.S. In that case you owe capitol gains on the profits you made. It looks like your gain was 10%. If you paid $1 for your alt (I'm using $1 to keep it simple) and your alt rose to $1.10, then you owe a percentage of that $0.10 profit. The rate (percentage you owe) varies depending on your tax bracket. It could be 0% or sometimes as high as 15%. But 10% is normal. In this example you owe $0.01 to the government. If you failed to pay you could be charged penalties, late fees, interest on the penny, and may face jail time; and you still owe the penny. That's not likely for a penny, but there is absolutely no question of taxation on alts or any money you make.Sure, it is an asset and you can be charged for it, but that doesn't change that it's pretty easy to avoid and tax. You're only charged taxes because your earnings are in it, but you can always take them out somewhere for cash or go through some basic methods and avoid taxes without "evading" them. To avoid being tax is like you are laundering your money for your favor, it is not good because if there is a law that really requires you to pay taxes you will have to follow it if you do not want your money will be compromise in the future. Though it's anonymous but it can be easily trace if the government will do actions to strictly impose it, remember that the government has all the power to do that. |
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I think investing in reputed altcoins is the best thing to do as it is sure that they will not disappear in quick time and in long run can give us good returns on our investments and the other place where I am interested is to invest in good casino bank rolls to get regular returns.
however it does not provide certainty. because many famous altcoin which has a high price, but only a few days later their prices dropped dramatically. there is no safer investment in the world. famous altcoin not guarantee that we will reap the benefits. If you want to make profits then you cannot think of the risk every time as it will always follow you in any investment and if you will never take any risk then you will never make any profits so profits and risk goes in hand in hand so doing a good research if mandatory before investing your money anywhere. Risk is always part of the game even though it is trading or gambling or even investment there is always risk involved. Good research will do the rest of the things you need to finish, i.e good research will help you to decide faster than before and it will help to clear out things you may be confused about and last and the most important is, it will minimize the risk of losing money so it is a good practice to do research always. Being fully knowledgeable will increase your chance of success in investment and it does not guarantee that you will be succcessful because investing is a gamble and luck also is a big factor. For me, the best investment is where you can utilize yours skills and interest because it will be considered as your passion which most likely will give you success. |
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Clear naman nakalagay sa fee's nila ang estimated number of hours para mag confirm.
Ako free lang ginagamat ko tapos umaabot talaga ng 24 hours bago mag confirm, di na sila tulad ng dati na instant and free lang.
uu nga boss unlike before na mabilis lang talaga ung pag send ng btc ngayon inaabot talaga ng 24hrs pero okay lang din naman kasi nag inform naman sila about this changes, well for me un lang naman ung nabago pero pag ung cash out same pa rin nman, at the best pa rin ung coins.ph para sa ting mga pinoy madami kang options. I guess they are making that move to save on the transaction fees and since they are the best exchange site in the country they can do anything they want. Still for the coins.ph is the best as long the egive cash out is always working, it will give us convenient in cashing out our income. |
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of course you should overcome the fear of losing money specially in trading,
You could never gain some profit if you are so scared to bet some.
There are traders who are sharing like being scared saved them from unexpected fluctuations. So, getting fear of loss may work to warn you also. But instead of depending on these inner thoughts, just depending on our skills on analysis will help us in much better way. Less emotion and more skills is what you need in trading, you are playing with the number here and all you need to do is make your mind work not your heart. You cannot be emotionally as your mind will be affected, just decide based on the facts that you read so you can come up with and reasonable judgement. |
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Mistakes with gambling takes place often. People with the hope of earning good participate into gambling and in a short things go out of control and loss happens. Some overcome it in a short realising the truth but few loss everything and ends in a short. Mistakes in gambling based on the user.
Mistakes happen in gambling all the time but it depends on the size of the mistake if it is worth remembering since if you lose a few dollars then you are probably not going to remember but if you lose hundreds or even thousands of dollar you are never going to forget. It's not measured by a specific amount because we have different unit size when it comes to gambling, what is important is to bet only what you can afford to lose, if you can stay discipline you will not gonna remember your loses but the only thing you will remember is the fun moment in gambling. |
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The steady income here was doing trade in the exchange platform and joining in the signature campaign or buying altcoin in the ico project at the cheap price then sell it more the amount you invested.
Trading is one of the best source but I don't find it as steady income because not all the time you'll be having a good amount of profit there and even in signature campaign, not all the time it will give you steady income. ICO is another good source of earning but I don't think it will give you a steady income too. Where you can make a lot of te bucks just in a single click and the right answer is in the trading method. althoug if that was stable income but if you can grab thousands dollars and it is really enough to fill your needs. If that is so easy to make money from trading then by now no one would be poor. You should know that there are plenty of expert traders lost a lot of money in trading so one should always learn the basics and shouldn't leverage too much to make more money quickly. As per me, we can make profits from trading but it is not so easy and also comes with risk. That's right we have to consider also the risk and not just be one sided, there are opportunities to make good profits and we might even become rich if we are lucky but the risk is always there. As a trader, we need to be fully updated with the information on a certain coins that we are trading because the market moves based on the rumors and news, and if we do not update ourselves we might not be able to make a timely decision. |
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bitcoin bitcoin BANK will also make more trusted by the world community. because with the bitcoin BANK then there were a regulation that is used. and it organizes all about bitcoin transactions.
Indeed a trusted bank, but the bank will strictly within the rules, they will collect taxes and our data must be valid, I think it is the same as the real money. All the functions and benefits you are saying can be done by the Bitcoin Wallets in itself, I don't know why having Bitcoin Banks will benefit us all. Because people will know that kind of currency is being accepted by a bank? I don't think so because it is the person's choice if he/she wants to use that bank's service or not. Also there is no real use of Bitcoins on banks, I even think that it will restrict or limit your usage of your Bitcoins eg. you need to access your account first before you can do transactions unlike Bitcoins on your wallet in which you just access your app and its done. Bank and bitcoin wallet has different funds and bank in real world does operate with fiat only, I guess it's better to have a separate bank account and a wallet as well, the current situation gives us the satisfaction already and there is no need to have a bigcoin bank. I believe all we need is freedom and we were able to experience that in bitcoin and personally I do not want to take that away from me. |
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Thank you Betcoin.ag I received the payment.
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Hey people, I've always been a huge gambler. I like creating useless schemes (as we all know bank always win ^^) and betting whole nights long in order to find THE right way of betting. But I need change, I can't bet over and over on the same game cause after I see that nothing can be done to change the odds, I'm bored. So I thought a bit about trading and I started not so long ago. and it feels a bit like a betting game without knowing the odds and with an infinity of parameters! Does anyone else takes trading as a gambling game?  Yes , I also consider gambling as a trading and also trading as gambling job . Because here in the both I found that nothing is fix both of have a better limit and unlimited ways of making profit , both of them needed to do wisely with new new trick . But here it is necessary here to mention here that in the trading we need to have patience and time to grow the bitcoin profit and also in this the chances of loss are little small then what is in gambling . If you have that kind of thinking I don't think you will succeed in both, trading is different from gambling and gambling is not trading although they both have risk. First we need to do is to educate ourselves of what we really want to do and study deeper to get the success that we want. Gambling was never an easy way to make money, in fact it gives us the opposite but in trading, there are plenty of opportunity there. |
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To make decent money with gambling you or anyone need to gamble with decent amount. With 0.01 btc reasonably is to make 0.02 btc or maximum 0.03 btc, for everything more then that you risk too much. When I gamble I don`t have high expectations, when ever I had them I lost more then I won, from that I learned to gamble and to not expect nothing in return, so every win is great, and loss is expected.
The problem with us is we will never be contented even though we are making money already, I'm pretty sure even if you make at least 0.01 BTC in a weekly basis you will still long for more, humans are just greedy and they do not have satisfaction. Your only chance to make money consistently is when you consider gambling as you job and you are willing to put a bigger amount of bankroll as your capital. |
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i guess this the rigth place to make this question, i am starting to trade on poloniex, i understand the exchange and i have made some small profits,also understand a little bit margin trading, so here is my question
on margin trading is there a way to set a position for long and when some price is reached stop or close the open trade?
i have tried stop limit but it didn work for me, maybe is that i dont know to use it well
You shouldn't do trades if you are not educated enough, to learn everything we need to spend time to learn from proper channels and experienced people/teachers. I'd suggest you spend at least 6 months to learn everything about the basics of different methods of trading or at least watch some youtube videos to learn it. Not everyone supposed to become a trader and thinking that trading is easy and you were built for it then you are naive. 6 months is too long to wait, you can do it in a shorter period by making effort educating yourself, you need to do an actual trading as well and not just read about the experience of the people and how they do it. This is a risky game therefore you have to be fully aware of that, it's a journey and as beginners you can start with a small amount of money and gradually increase as you improve. |
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Yes because Analysis is the process of breaking a complex topic or substance into smaller parts in order to gain a better understanding of it. The technique has been applied in the study of mathematics and logic since before Aristotle (384–322 B.C.), though analysis as a formal concept is a relatively recent development.
Some people might not realize, but sometimes they are analyzing already, that's human nature in a way. The way they will approach a problem beforehand, planning, it's also part of analyzing and that's going to help people to achieve optimal results. I believe most people do analyze games on board, they do it because they want to increase their chances of winning and those who do not analyze will only win temporarily and will lose in the long run. Even if you are just gambling for fun, I believe you will also take time to analyze before hitting the button. That gives additional fun especially when you win and you will think you are good in gambling, it's fulfilling to us actually. |
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Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.
Yeah it's all about how the private business make it for people, but anyway politics also will have a impact on that. But i think countries which are having capilalistic ideology already have inovated things for users which want to use inovated tecnique Government regulate the private and it will not give them the confidence to integrate bitcoin into their business if they find it not supported by the government. They'll be afraid that their investment might not succeed, that's why we need a good adoption to ensure that there will no constant manipulation of the price which I think investors like big merchants hate to see. |
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Is it better to save money or invest it?
I'm more interested to invest with the aim of developing wealth.
Investments make your money work to make more money without you having to bother.
Visible fun? Of course. All you need is the ability to set aside monthly income, instead of immediately spending it for short-term purposes, as well as the ability to choose the right investment instruments.
Investment is always better than saving provided you are able to find a reliable source of investing. Most bitcoins investments end up to be scam and hence for that reason , saving can be more profitable with no loss of coins. yes no doubt that investment is the best option, but i think those people who do not have any experience in investment and if they have fear to lost money in investment then they should save their money and not to invest it anywhere. Experience can be earn and I'm sure if you'll take a long journey you will be able to learn eventually. Everything requires a timing because it's too risky to be aggressive when you are not fully experience and knowledgeable in your investment, you'll start with a small amount and gradually increase it. |
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Prevention of gambling is a difficult decision, especially if large amount that he lost in gambling. But if he could have discipline to his himself is maybe not coming back to gambling. Addiction to gambling is a difficult thing to go back for it and they know that its hard to stay away from it.
It is not hard to stay away from gambling, in fact it is very easy. All you need is just some determination. If you are determined then you could stop, some people are not determined enough therefore they cant stop. Things will be very difficult if you dont have any determination to do it the right way I find many people who cannot able to control their determination in playing, gambling, I have already suggested many of the friends do not addict to gambling because it will kill your financial status. There are chances to win, but most of the case's failure will take place. Losing is accepted but losing control in gambling is something that is really big, the next thing will happen is you will lose a bigger amount of money where yo never expected it will happen to you. You want to minimize your spending in gambling but you cannot control yourself because you are getting addicted by your emotion and we know what will happen once we are in that situation. |
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Just waiting Chronobank bounty campaign distributions I want to sell it iam participant chronobank signature campaign too but iam not sell it, iam hold Time coin, i hope you do it, because if all participant bounty selling, Time coin can down price Well that is a good decision to hold, most of the bounty holders will just dump their TIME tokens as soon as they receive it. As you believe the project was successful, your decision to hold is correct. Also, TIME is trading below ICO price at the moment so holding a little longer would help you get the right value you are waiting. The bounty you'll receive is not that big enough to compensate your need but to hold it might give you some extra bonus. Good luck, hope you'll do as you said. |
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