Some exchanges/wallets are not able to send to a segwit address. I had this same problem some days ago and it's what people told me here. Look like it's too soon to use it with them. Not sure what to do, ask in this section https://bitcointalk.org/index.php?board=6.0 maybe you will get a better answer
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I would be ok to pay a monthly/yearly fee to have the signature space enable. Something like $150 per year maybe. A lot of shitposts come from ICO/Altcoins It may an idea to warn the people behind and maybe ban their campaign or something around.
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The organization can hold the bitcoins or convert to fiat automatically (or not) However, as a charity project I don't think they can afford to lose money (in case of a market crash or whatever) It's not easy to fund a charity so I am not sure if it's a good idea to "gamble with money".
They can use Bitpay to receive the donations it will get converted to fiat automatically, it may be the best solution for accounting.
I think if the organization isn’t in dire need of the money I think they could get away with Hodling. I don't know any charity organization that doesn't need money, otherwise, it would mean the problem is resolved and there is no problem, so no use to run a charity organization anymore. I don't find ethical to use donations to invest the bitcoins (or fiat) and to make profits. I won't be surprised if this is considered as illegal.
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It may be just to stress other governments and institutions to show they are not ready to leave. Because if it's true I don't see why they publish this to the public. If it turns out to be true and Russia starts to use Bitcoin, be sure to see the other governments and media shouting again how Putin is a bad guy
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This has been debated many times before and the question keep to be asked 2 times weekly at least. The transaction cost is what is hurting Bitcoin right now, it can't be used for micropayments and it's used as an "investment" to speculate on. People prefer to hold than to use it.
It needs a serious change and it needs to be asap otherwise Bitcoin will never be used to its full potential
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Bitcoin entered the arena claiming to be the next big thing in electronic cash. It took a while, but it gained traction with more and more enthusiasts convinced that it would be just that.
Through an unpredictable market, it’s increase in price seemed to reflect that it was indeed on its way to becoming the Next Big Thing, but this same market volatility detracted from its initial aim of being a currency, albeit a virtual one.
Yes, fiat currencies do fluctuate, but definitely not to the degree that Bitcoin does. Take last week. In the span of one day, the price of a single Bitcoin grew from $14k to $18k. Looking at the market today, it’s trading at just under $14k. This volatility may make for excitement and mystery, but it doesn’t do well when Bitcoin is trying to establish itself as a viable alternative currency. In addition, converting Bitcoin to dollars is a tedious, and sometimes expensive, process, which doesn’t help its cause either.
Perhaps Bitcoin can be defined as store of value, as in keeps its value without depreciating. Fiat currency used in economically advanced and stable countries could be referred to as stores of value, if hyperinflation doesn’t occur.
Inflation, in the context of an increase the actual supply of available money, is a moot point for Bitcoin has it has a finite amount, which is 21 million, of coins available. Bitcoin has the potential to be a powerful cash alternative, especially in countries with a high level of government and institutional corruption. However, because it does not currently have all of the usual suspects required for it to be a currency, it has not yet been adopted as a preferred medium of exchange. So, it’s a no for store of value then.
source https://bitcoinearnmoney.com/the-value-of-bitcoin/
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I got the same problem on kraken but with another crypto. My account was not displaying it. After 1-2 hours it was finally showing. I think they are working behind the scene and there was like a sync problem.
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The good news is we don't really care about their opinion, it's not needed. One of the goals of Bitcoin and other cryptocurrencies is to be free from banks with a decentralized system. Agree or not is not going to stop people using cryptos.
The only thing that can be say is: So what?
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From what I've gleaned I really don't think Mr. Mcafee understands very much about Bitcoin. He thought there'd only been one halving so far.
He's also out of his mind on drugs for most of the day.
There is no reason to put any faith in his prediction whatsoever. It's possible but so is an asteroid landing on your face.
LOL, Yesterday I watched a documentary about cybersecurity and the journalist interviewed him in his home. He was in pajama and started to drink alcohol (he just waked up 0.o) it was the morning. He started to show his porn magazine hidden in the kitchen to the journalist. He looks like someone who hasn't sleep for a week. on topic: He was surely exaggerating because he isn't the type of guy knowing much about bitcoin. It was just a fantasy guess like he can say Santa is real
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I don't mind the location of the company but there are a few that I will think twice before using it. Those considered as a taxes paradise. It's not that I don't trust any company located in but I don't want to make myself a target for the govt. thinking that I am trying to hide millions of dollars (which is not the case lol)
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You may need to receive the difference to then see the bitcoins credited. If the minimum is 0.01BTC but you received 0.001BTC, when you will receive a total of 0.009BTC the system will credit the previous transaction. Some exchanges work like that so check if there is something about this on the FAQ or contact them to ask how they deal with a situation like your.
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You are confusing transactions fees, trading fees, and taxes
When you trade you pay the trading fees (to the website), no matter if you trade dollar for bitcoin or bitcoin for altcoins. When you withdraw your coins from an exchange or your wallet you pay the transactions fees (for miners)
You pay the taxes on the profits you make, buying at $1,000 and sell at $5,000 you pay based on the $4,000 profit (5000-1000) The laws may vary from country to country so it's better you ask to someone in your country or to taxes office
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Pretty good example showing that bitcoin is not anonymous. I think it's just a isolated case and not showing that cryptos are used to fund terrorists. Or they are not smart because if you want to use cryptos for this kind of activity you don't use bitcoin, you use monero, zencash or others. Look like she wasn't able to send bitcoins directly so used wire transfer lol
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I have no idea what's going on with the price but it's really insane. I don't know what is making the situation if it's about CME or Bitcoin futures but I won't be so surprised if we have a correction for the next month or before. I am even to the point thinking that people may be right after all, bitcoin is a bubble
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Becarefull with Payoneer because the TOS prohibit any activity related to "digital currency", so include cryptos with it. You could get your account suspended for this, because it surely includes the mastercard. Better safe than sorry
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They are maybe overloaded with support tickets, it's a trend on crypto exchanges. kraken receive 10,000 tickets daily. Cryptopia is becoming more and more popular recently. Look in the "service" section in this forum, there is topic about Cryptopia where they are somewhat active to reply, maybe you should try there as well
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This is not new, It's just that the govt. is making their position to be sure to be know from the bitcoiners. Because more people start to be interested in without thinking about taxes. But their position about this has been clear since a long time now.Actually, you paid taxes based on profits, you have to report as BNC or BIC. you can find it on taxes income sheet yearly. But no way to be taxed up to 60%, it's not the ISF.
I know that they decided to use data mining and TRACFIN to watch out for people trying to cheat the taxes, which is a good thing to be honest
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Hey guys,
How do i buy other cryptocurrency like Ripple, Neo, etc in US dollar? Coinbase only supports 3 currencies. Also my bank charged me $3 plus another $3 for bitcoin purchase on Coinbase? I thought they have office in USA. What do i do? I tried to get in touch with coinbase, their email system is down.
Any help would be appreciated.
Coinbase is not the best place to buy cryptos, they are more focused on wallets than exchange and it's a nightmare to get in touch with them. There are far better to buy cryptos such as kraken, bitstamp. you make a deposit usd then buy the crypto you're looking, or buy bitcoin to buy in another exchange where it's used.
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