Governments fear bitcoin as they face huge loss in tax revenues. They also suffer loss in transaction fees due to transactions done through bitcoins. They think that illegal money is easily sent to their countries from abroad through bitcoins.
Agree! It is all about that government thinking that bitcoin well i could really say that bitcoin is used in the illegal activities because we all know that it is anonymous and it is very fast and just a minute then youll recieved the payment! It is being used in deep web to buy some drugs and other illegal activities! Thats really the reason why government will not support bitcoin |
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I sold around 1 bitcoin when price was near $600 and i think that was the biggest mistake i have done in 2016. And i have those cash in my banks till now where it have hardly grown to $601. If i hadn't sold it at that time, than i could easily sell it for $1100+ right now.  well that so much! You could barely see that amount of money you already exchange and you are also seeing that price right now that pretty high! and we regret those time selling it below the price! and thinking that if this time i sell my bitcoin and i waited then we could say that we could earn huge profit. |
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And crash to $0:
A. How would you feel and
B. What would you do?
I'd be safe. I cashed out 80% of my bitcoins as I am expecting a crash or correction of the price. The sky rocking of bitcoins seems suspicious to me and that probably this is a bubble that may burst in the near future. Well, if not then I still have the last 20% to sell in the future. If it does crash to $0, then I'd feel bad for this technology. Bitcoins are really promising. Agree! It will be bad! Bad for technology and disappointed for what happen i agree bitcoin is very promising then its just drop with that easy! Well very disappointed but as of now if really that will happen its okay because i already cashout my 70% of bitcoin to exchange it to our own fiat. |
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I would said, it is a great and bitcoin supposed to be exposed, bitcoin has so many advantages that need to be announced to the world and bitcoin already mention in some movies, it is time bitcoin making headline news, and crypto currencies already start to steal the world attentions, so I think bitcoin will be very popular this year
Well every year bitcoin is getting popular ever since because of the characteristics you've said ! I do agree that bitcoin should be spread because its characteristics is very tangible which is good to everyone! Everyone should know bitcoin because it is best and very best of the best! Earning and spending it but just exchanging it to own fiat. |
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Many are living this dream right now. Living it to the fullest. I just wish I was one of those guys.
It's not too late, there still more room to grow for the future of bitcoin. Please stay on board as we ride to the future success. Just trust when along the way you can see some setbacks, we are strong now, and we can continue to succeed. Yeah, those people who you are referring that are living their lives now just make them as your inspiration. Just like positid said, it is still not too late to reach your goals and getting rich with bitcoins. You just need to be hard working just like those people who are still catching their fortune with bitcoin and that is making them more encourage together with the price increase right now. If we are really working hard and we are not lazy about earning! well bitcoin is a chance from us to get rich! So we should grab the opportunity to get rich with it! But we all know we will be into a lot of problems and struggles before achieving it! But we shouldn't giving up on it! Age is not a problem getting our goals! So we should keep chasing! |
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Bitcoin market is too stable and too large for so fast price change in short time. BTC can hit 1100 USD maximum till february. 2000 USD is too high price for Bitcoin at the continuome.
You should watch the bitcoin now. it's nearly 1100$ on bitstamp. today is january 4th, 2017. Tell me how about the price at the end of January, 2017 ? can bitcoin hit 1,200$ or 1,500$? I'm very confused. pretty big ! Big drop is coming soon we all know that ! As of know we could say the price is keep on rising but sooner or later we all know big drop is coming because that is the characteristic of bitcoin. I dont think that amount of bitcoin will be achieved on that month because it is very big and lets hope that if the price pumping continue then I think it is good |
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When i was scam of some revshares in world of bitcoins. I was feel like down to earth 3-4 months after i move on to it
Actually there is some preventive action to avoid that. On of that in Basic is you should aware to make sure you put money in wrong place or not. Usually scammers promise you earn huge amount of money by easy doing.Second, put your money only in trusted place and was proofed to public. Agree ! Easy money just investing your money in that website and you'll earning double from it and that is really easy without any effort just sending your money amd your good of earning profit . That is a clear scam we all know we should avoid that thing because we all know in the end well end up loosing our money to the website |
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I think there is no chance to escape from tax if bought that expensive and valuable asset, the government will question you, it is impossible to evade tax if you bought a house, it is better to pay income tax rather than there will be a big problem in the future
Agree ! If you bought land/house or any that has a bigger value then you will know that the government will tax it and make you pay from it well all of the things has tax so how much more if that big amount and value. And also it is very impossible to evade twx we all know that so in the end you'll paying it . |
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I believe a big crash is coming for a test.
Some people will risk to sell and price can roll and roll and roll down...then they just rebuy...so simple it is ...if it works (lol)
that kind of short term trading had proven work, though, with this high rate i believe that people will eventually find out a point to sell their bitcoin and take advantage of this price rising. that's always happening just like few years back when bitcoin price rising just like this, people didn't waiting for a long time for nothing Just to play safe! Short trading! You could also earn in that strategy but as always it is smaller than long term trading! We know if we hold bitcoin in years then we could say that we could earn big! I do agree sometimes we are just scared of loosing big in the long run so we do choose short trade over long run trading. |
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Op seems to be one among the luckiest of the new year 2017, myself a loser on the very first day of the year placed betting on two tennis events an amount of 0.02btc and 0.04btc. Both events failed me to give a loss, but with hope will continue gambling.
bad start in gambling for 2017 dude! but we could say that, that is the life of gambling sometimes yyou loose sometimes you win! Well im in bad start too! In dice games after new years eve i play dice games with 0.05btc deposited in a website but all i end up loosing ! hahaha then in the other they ive try my luck again with 0.1btc end up loosing! Well i thing i should rest within 1 week before i play again  |
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bitcoin is above paypal
paypal is not familiar and very dificult to use
must verified, limit, dispute feature and another problem is can dificult to user
They are different because paypal complies with the law of the state while bitcoin is decentralized. What we can only say here is based on our own experience because if you will ask other online users who only uses paypal, they will tell you the opposite. You are right! Upon choosing between of two and asking a person which is better then they are choosing what they've been using ever since! well as a paypal user and bitcoin user! I could pretty say that paypal is also fast but lot of things to do unlike bitcoin it is very fast! faster than paypal! and low transactions fees. So i do prefer bitcoin |
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I like c-cex ,there we can make some good money for bitcoin trading because here there is no need keep waiting and watching when the price will increase, just calculate only 10% of profit on investment than surely you will make some profits daily.Just place the sell order i will automatically executes with in a day easily.
I do agree on you! C-cex is the best because that trading site is my first site where i earn my first profit in trading! Well when i started i invest btc in c-cex and it is really easy and fast unlike others and im not mentioning it well it is really user friendly to a newbie like and it is really a good site |
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What Will it Take For BTC to Reach $1000?
Let's discuss.
For sure spread of the word and better known of it from the people. This is happen to Chine and thanks God china is a big country. This made true your desire. Today bitcoin is a little much more than 1000 us dollar and hopefully will continue this way even for some or much more time. The China is the biggest market for the bitcoin at the moment. If they use a lot, that is very good for the bitcoin price. China is the biggest mining heaven in the word without any doubt but no one stopped anyone from investing this big in mining,they did that and they might reap the benefits later but i am not sure about their return of investment even with the current price of bitcoin. The price is bound to move further and if the Chinese invested then they know that the price would triple in future. the problem is when they decide to dump the market over 50% bitcoin mined and owned by chinese group they can play with the market easily if they wish , so far they did it already i guess that's what makes some people think that bitcoin is just an illusion. So you think the price right now is being played by the chinese? Well i havent heard that 50% bitcoin mined by chinese people it is my first time to hear that well if it is really true i do agree that they could play with the price right now they could dump it ! Well if they are united and trying to play with the price but i think it is very rare to happen that they play the price of the bitcoin. |
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-Benefits is you may use that bitcoin to invest in other Bitcoin services and invest bitcoin is safe,profit good
-Risk is that Bitcoin collapses and if countries and government accept Bitcoin, Bitcoin will have tax, your computer can be hacked
What’s your opinion?
As quoted governments accepting bitcoin is not possible, because recent days several countries planned of making their own digital currency following bitcoin's Blockchain technology. None made an initiation of adopting bitcoin as their currency. For those reasons quoted by op, bitcoin never falls. So I believe investing through bitcoin seems effective. Well if it is really true then its a good news! We could say that lot of people will adopt bitcoin in their daily living if government will adopt bitcoin really but we could say that government will using the bitcoins blockchain technology to make new bitcoin i think it is not really successfull without the help of bitcoin itself. |
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Bitcoin dice game really awesome , I've make lot of miracles win in dice game, like 15k satoshi to 1.3 btc , 0.5 clam to 400 clam. Ain't it awesome?
But the problem is when your luck just turn upside down everything jist not right every bet seem damn rigged af. That pissed people off ! In dilemma of losing non stop for few weeks 😭😭
Hard to believe on those winnings you got dude, you seem really lucky 15k satoshi to 1.3btc is quite massive. How much time did it take for you to reach those winnings? Where you have played/won that? Yes luck will not stay with anyone forever and greed will eventually make you loss all you have won + what you have deposited. he might be rolling for years to reach those wins if not how come he could win those with dice,even if you roll with 9900x and if you are having a big balance to find your luck then you might hit that ,but the price of hitting will be just for a mere profit if not for a loss most of the time. Agree! years to get that amount or to achieved that big amount of bitcoin! From that amount to that big amount is really something impossible to happen in a short period of time ! Well i think if he/she always wins and he/she didnt loose then we could say that it is easy to get that amount because you do always all in ! |
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It seems to me that if you are a hacker and you have figured out how to hack some Bitcoin company you do not have to act at once and can wait. Wait for the Bitcoin price to increase so you can make money of your hack. I have a feeling that more hacks happen is the price is relatively high.
Some will argue that it is the other way round and the high price attracts hackers, but these things need preparation and do not just happen over night. Also some might not have the patience or the price is going nowhere, but a smart hacker would take the risk and wait some time.
So right now would be a good time for the next big hack!
Even without this price increase, expect some possibility that hacking will take place. So better be cautious all the time and make some ways for your coins to be secured. Price increase is just the best time for hackers to hack but don't take it easy when there is no price increase. Though when the price is not as high as this there are really a ton of hacking incidents that happen, lot of exchanges and wallets been hack and how much more if the price is at high like this. I do agree we should just add more security about our bitcoin and in our wallets we should be careful about it. |
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Yeah, the previous leaderboard has inaccurate stats though. I think it shows some other week or something right now.
Alex has all the stats and i am sure he will be near soon  Oh boy, here it goes can't wait to see those competitive gamblers that are competing for that 1st prize. Congratulations to all of you! And also I want to see how much they have spent in able to get to the leaderboard. Alex should be here very soon. This is another success for bitdice. Everyone is excited to know who is in the top! Well i could pretty sure that the one on the top is really a hardcore gambler that he/she want to bet big ! Well the top 1 spend a ton of bitcoin we could say that! An event from bitdice that is really successful we could really say that  |
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on january 2016 i was telling to myself that untill end of 2016 i must have at least 1 bitcoin idle into my wallet and last recap on december last month i saw into my wallet that i have reaching my goal because currently i have more than 1 btc to hold so i think i got succeeded reach my target on 2016
Well thats cool! Holding over 1btc . As my self im planning to do that to have a 1 btc over this year. But overall if i recap well i started btc this year and i could pretty say that all in all ive got almost 1btc in total but i always exchange it to real fiat so that i could buy something but this year i should hold my btc and hope by the end of the year ive got over a 1btc |
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2 hours later, another 8btc thread gave out the true reason: BTC38 was hit by a hacker with approximate loss of 1.5 million RMB. “As a result of the server logic problems on 21st Dec, more than 10 million Bitshares, over 10 million NXT and some BTC/LTC were stolen from the exchange’s hot wallet (estimated total loss of 1.5 million RMB). We shut down the server immediately and stayed up all night to fix the problem. We have reviewed our wallet deployment plan and made new adjustments. We will take full responsibility for the total loss of the digital asset (market buyback).” The most important assurance is that all funds are safe in the hands of BTC38. BTC38 explained the delay to calm down the market:“As we are currently redeploying the wallet, the service for certain coins will be resumed gradually.” http://news.8btc.com/exclusive-btc38-hot-wallet-got-hacked-and-lost-1-5-millionI am glad that I didnt used Btc38.Im sorry though for the people who stored their coins there.There have been many warnings to people not to keep their coins on exchanges when the Bitcoins price is rising suddenly,because there is a possibility for that exchanges to be hacked.If you want to store your coins on exchanges better store a small amount of them there,that you can afford to loose.I hope Btc38 will cover the losses and the people will get their coins back. Im glad too that i havent store any BTC in that exchange and also im so sorry for those looses their btc. Well i do agree sort of you will store not all your btc in exchanges just put some of it and put on other so that your btc is distributed properly and we could say that if on of it been hacked then you do have extra btc save from other exchange or wallet. |
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I do not pick them, if gambling for a living, we will live in vain, and when we live for gambling then we will die stupid
gambling would not give us wealth but will only be addictive and damages alone
You are right! Well gambling could give you wealth! Someone has won big and be instant millionier out there but most of the players in gambling end up loosing! Well over all i do agree gambling gives damages alone to us if you don know how to control but in the good side we could pretty say that it give us fun and entertainment if yyou are just into fun and not for profit. |
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