Good thinking.
Using credit cards there will be traces of every payment you have made even with debit cards.
I dont believe about the privacy that was said by the banks. Yes another individual cannot look at your account but when it is the government they will give it.
That is the problem with all the governments. Theyhave the power to take something from us withh banks.
So better go with cash or crypto currency.
Very good.
Absolutely true mate.. banks and governments tandem, just keep on fooling us around from the money that we’ve work our ass off. Its not like we got it from just setting or lying at home. And maybe that is the reason why most of the company decided to directly sends our salary to the bank through atm, so that they can trace everybody’s income. What a shame! And that’s one of the reason why the rich becomes richer and the poor becomes poorer. Sad facts. |
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We all know that the development of a certain country comes from the taxes of its citizens, and we all know people who engage bitcoin don't pay taxes to the government, what will happen to a country where 80% of its citizens engage in cryptocurrency?
There is a big possibility that this things might happen In the future because bitcoin is growing faster and very known today.
I have been answering the same questions regarding taxes and bitcoin over and over again. How can other say that bitcoiners doesn’t pay taxes just because it is decentralised and cannot be controlled or trace by the government? When the fact is, bitcoin cannot be use as bitcoin itself to pay for everything except those very few establishments. Before we can use our bitcoin, we should converted it into fiat first before we can pay our bills and by doing that then there goes the revenue. |
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My friend in Canada told me that bitcoin payment has been used in KFC. What does that mean?
If it was true then it was a great news to everyone. Many said that it was an old news but i am still glad because if it really happened though maybe it was just a trial atleast they tried and maybe thinking if they will be going to continue accepting bitcoins if the outcome is good. And hopefully it will be spreading around the globe. One big fastfood chain that will accept bitcoin is already a big deal because for sure many will follows. |
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We all know how risky bitcoin is. Let's imagine the most riskiest money deposit situation.
What do you think guys, will this moment ever come and banks decide to offer us Bitcoin deposits (e.g. fixed profit on 1 year deposit and etc).
This can be very, very profitable for banks if they make correct decisions.
P.S I don't mean freebitco.in's offer of holds on their wallet. I mean if official banks ever offer us this service.
No i don’t think so. By now, i am sure that banks are aware that bitcoin was created to eliminate banks. For the people to have fully control on their own assets to be carried anywhere we want to be. So why would people preffered to deposit it on bank just like we deposited our money before bitcoin was existed? And besides there are some counties that already got atm for bitcoin. As of the moment, my country only got one in the main city but in time it will be visible to other cities also. |
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I see many people asking for opinions about ICO investments, if they are good, profitable or not and I see many people replying it can be good or not, you must have knowledge to choose a legit ICO, to find out who are the developers...
But I would like to hear successful stories about people who invested in ICOs and made profit. Please, tell what ICOs you invested and how much profit you made, if you liked it and if you still look for this kind of investment.
Never did i experienced investing in an ICO but so far all my parcipated ICO’s are pretty successful although there are some that has been too late in distributing the tokens who took me awhile and waiting and another waiting for the token to be listed in a big exchange. Like i have one token in my ethereum wallet that been there still for 3 months already because the team are still working to have more investors i think before putting it on an exchange. |
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damn, this post really puts a smile on my face. we all know that crypto currency is strong and will be better as the time goes on. i just hope people will hold on to their investments long enough to see a stable market dawn on us. let's not panic when the market dips, more over buy more since the coins are cheap. think of it as a season sale every year. once we see a stable and strong crypto currency, then all of us who held on will be laughing our way to the bank.
I just hope others and especially the weak hands will do the same. That they will be convinced that bitcoins and cryptos will give us a brighter future. That soon cryptos will become so big and be the first choice of many. And at the same time it will help the market to boom which is good for everybody. |
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If the prices will continue to decline then it is really possible that it will take 2 years for the market to recover from dip because as far as i know their were lots of investors/holders that lose interest in investing more and even withdraw some of their holdings due to this long season of redline in the market. What if others may do the same like pulling out everything they have in crypto market? What will happen in crypto world?
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I usually got only one bounty at a time since i never joined any social media bounty campaigns for i am not that active in my social media accounts and inly got few followers mostly just my friends and relatives. Although i am eager also to join but i want to keep my social media accounts in private for my children’s sake. Most of my bounty signature campaigns last 2-3 months for the ICO to end and so far i have been in a worth it bounties.
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Its been june already but the price has not yet improve even a single significant movement *sigh*. What happen bitcoin? Is there any chance within this month for you to show off? We’ve been all waiting for you to shine for quite sometime now. Anyway, whatever happens i am still a big fan of bitcoin and my loyalty will always be the same.
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I din’t know why there are people who just kept on spreading FUD about bitcoin. Talking nonsense would not make someone popular not unless the persons are being paid to do so. Bad news doesn’t make bitcoin crash but can affect all tose weak hands and bot a strong believers of bitcons. So obviouly the loss will always goes to the weak hands. Me, i don’t a damn minute to care about the bad news. I am a certified bitcoiner, a proud, satisfied and a happy bitcoiner.
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As far as i know there are just few countries that considered bitcoin of cryptocurrencies illegal to trade but most of the countries around the globe i mean the government never cared about it or maybe the lists are full of major problems to be solve than minding about cryptos who frankly speaking never cause harm to anymore and infact it helps a lot to individuals with financial problems. What i don’t know is if a certain country who implement bitcoin illegal will change of heart a consider it legal in a long run.
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Hey guys, what do you think, should i invest now or wait? Market is in the red zone, so it is quite risky to invest now, want to hear your opinion.
Red zone in the market is doesn’t mean that it is risky but instead it is the opportunity to buy more as an addition into our investment. Others may misinterpreted the means of that especially to those newbies who doesn’t care to do the research on the history of the chart. That is why it cause FUD to others. So guys if we want to succeed in this kind of investment then we should know how crypto works. |
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As far as i know crypto exists to eliminate banks si i don’t think that it can be possible to exchange cryptos into fiat by the banks in the future since i guess cryptos are competitors of the banks. In my country, banks are threatened about the spreading of cryptos particularly bitcoin. I knew because i have a friend that are working in the bank and we talked about it because she knew that i am into crypto.
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I am sure that the government will oppose in accepting bitcoins as a currency that will replace fiat. If bitcoin will be legalize and be accepted as payments by many, then that will be the time that it will be hard for the government to trace the revenue for taxes. And that would bring the economy down which is not good as a whole because the scenario will be the rich becomes richer and the poor becomes poorer in the end.
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Good advices, but certainly any advice will don't help if a person hasn't realize what he is aiming to be. It is easy to say however if you are in the persons place and state of mind it is not that easy to take this moments and for it to realize your life was been ruined or broke by your own gambling addiction. I remember when i was a gambling addiction any advice was only passing through my ears and go outside in the other side. You know that feeling that you heard them but you never ever mind what they are saying.
Yes it is true. Addicted gambler won’t listen and won’t take advices because what they usually do is to justify their mistakes and satisfy themselves with their vices. They are like so genius that they have answers in everything that we want them to see negatively. And even if they are going to lose everything they have even their loveones, it is not enough reason for them to quit. It will always be depend on themselves to realize how bad it is to make them quit. |
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In my own opinion. No one can make a living in a gambling not unless you are working in a casino or any gambling establishment. Real gambling existence is to give entertainment ti people and not to make it living. Although winning is a quick cash but not all the time we got lucky to always win. The fact the most of the gambler losses than a winner. How can anyone survive in that form of income?
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Bitcoin is very trackable. But the thing is how do you decide whom to track? There is no good automated way to do it. Bitcoin is out of the purview of any country really, and should be treated that way. I wrote some about it here. If you convert Bitcoin to fiat, pay income tax on it if your country has income tax. Simple. Bitcoin ATM's bring up some legality concerns. Technically you are selling them for fiat, so you should also pay taxes like it's income instead of like it's a bank. I'm in the United States. That's how it is here, as well as pretty much anywhere. It's just a question, is there income tax? Yes mate. We have a different country that we live in but the same way on how the taxes can be collected from us. And i guess many countries does the same way as ours. We cannot use bitcoins in a lot of transactions everywhere, so what we need to do is to convert our bitcoins into fiat. In that way, we are all obligated to declare our income from bitcoin to our local currency. Therefore it is not true that bitcoin can destroy a country just because of thaxes issues. |
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Honestly i gathered all the need informations about cryptocurrency by reading constantly in this forum in each thread. And it was became my daily habit to just keep on reading threads in here though i became also a follower of some social media pages like cointelegraph and etc in which also gives me some inputs about cryptocurrency. And everytime i wanted more information which i cannot find the right answer in the forum then google is always there for a rescue.
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Since i got big amount of token in KCY therefore it is my favorite and i know that the team is still working at present time. Though the token value now is quite too low but because the team is still working harder to make it big then i believe that in the future it can give me a fortune. And take note, the team tried their best for the users to access kyc in atm. Hopefully everything will be a success.
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Like the title says, i almost lost my regular job as a software developer today when my boss reviewed my work. The job has been able to economically provide a comfortable life for me and losing it would really be a big hit to my income. I almost lost it because i spent so much time learning about everything crypto (mining, trading, bounties, etc.).
Has anyone else experienced this? I just feel pretty lucky I was given another chance and want to remind other people that having a regular job is much better than relying on the volatility of cryptocurrencies. Make sure you prioritize your work!
I agree with what you have stated above mate. Ofcourse a regular job is more important most especially if you are comfortable in what you do aside from having a good salary. But to others who doesn’t have a chance to work outside their home or the unfortunate ones who doesn’t have the chance to have a decent job then bitcoin forum job offers are very helpful to those people. Votality of cryptocurrencies are nothing if we have a lot of patience in what we do. |
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