In some countries Bitcoin is taxed but not because governments are afraid of Bitcoin bur because they want to collect their part of earning.
They see Bitcoin like any other types of investment or capital that has to be taxed. No one actualy doesn't have fear from cryptocurrencies anymore, they are all just trying to have their peace of cake.
I dont know some countries can make tax from bitcoin, i just thinking that bitcoin is anonymous, nobody know who have the address, then how the government make tax list from address or people in that country? I think taxes should be voluntary, as there are many people who are not in favor of how the state works, especially in very authoritarian countries. With Bitcoin, users can not be forced to pay for it, and this is probably the first moment in history when people have a convenient and secure way of storing value, and at the same time have real control over their money. |
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My friends always use bot for trading, he said that it it easier to control and easier to make the trade, but i myself never use any bot, i feel more satisfied by trading myself and i feel i can learn more things by doing trading myself
You may saw a number of people after involving in crypto currency start trading thinking that it is an easy way to earn money even the do not have any knowledge about trade. So only these people often depend on bots for trade because for them because they are unable to do trade manually and they find working with bot easier while professional know well about how to trade so they do not depend on these bots for to start the trade. I think using this method may be profitable for some time, but I've seen reports that over time, earnings decrease because the market does not follow the same pattern for a long time. Prices are always changing, and this will depend on different events, which bots are not able to identify and analyze to make the right decision. |
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Bitcoin has a great impact on my daily life and not business, because I don't have any business yet. It do affect my time as well and it helped me managed my time in doing things that I don't normally do like in getting bitcoins from faucets and in gambling of bitcoin.
You got a long way ahead of you and the right thing to do first is to get free satoshi's on faucets and because you are a newbie you will need to experience first how to make a transaction and how the online wallet works but I think you should stay out of gambling first because that could cause you a lot and the risk involve in gambling are to high specially you are still a newbie. Testing how the cryptocurrency works it's probably the only beneficial utility of faucets. There are people who think that it is possible to earn significant amounts on these websites, especially newbies, but experience always shows that this can cause a great loss of time, so my advice is to find other solutions if the purpose is to earn money. |
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I still hold that March/April (and maybe a bit into May) is going to be a key period as well. There's also reason to see this politically as it's becoming more likely that Brexit is going to be "official" with Article 50 around then, Netherlands vote on exit, France's elections. Then by August we'll have Germany's elections, too, so it's important to note that several of the polls aren't really in EU's favor right now and will likely be very much not in their favor considering all these elections by April.
I think this now is right time and good time to selling in bitcoin if last month, you buy in level bitcoin price under 800 dollar, this now every one bitcoin can get profit over 200 dollar Even if its a 20$ that's a good profit as the price increase happens without any work. So people who have been holding long for a increase in price can sell and cash it out to buy when the price falls back to a lower price than the current price. This can be considered a good profit, considering the amount of money invested, but it would be wrong to say that this was obtained without any work, because the best decisions requires a great mental effort, and time, especially when it comes to the cryptocurrency market, where events that are hard to predict happen and significantly change the direction of price in the market. |
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My worst moment was when I gamble when one clicks on the bet and lost all my bitcoin instantly. I am now very cautious about gamble since been several times I was careless
Going all in is always insane decision as far as I am concerned. My worst moment was when I lost 1.32 bitcoins on a darts betting night and since that day I have stopped betting on darts because I lost some bets that even now that I recall give me tears. I think it's always a risky decision to bet more than one Bitcoin on any gambling game, even in sports betting, where you can improve your chances with a good analysis. Sometimes the lack of experience leads the individual to make decisions like the one you made, but experience helps avoid such events. |
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If you invest in altcoins and you make exchange buy/sell orders then this is the risky part. Because you never know how high or how low will the exchange rate go, and I lost a lot because of high dumping. But if you invest in ICO then this is another thing, you should risk and search more about the project how it is going. It is difficult to perform analysis on the altcoin markets. Many coins sometimes appear to be in the ATL, but after a while they continue to fall in price. If you intend to invest in it, I think the best thing to do is to study and choose the best cryptocurrencies, then expect bad news to emerge, because that way you may have the opportunity to buy at a lower price. After that, sell when you have a chance to make a good profit, but don't be too greedy. |
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I think it is part of human behavior that will to recover from losses. This is not a problem when there is a good chance that recovery can happen, but in gambling the chances of losing are greater, so if the user does not have a good view regarding risk management, gambling is not something done for that user.
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The FUD due to the Chinese regulatory agencies on exchanges proved to be something temporary, just as I was speculating a few days ago. In the end, this is something that has no impact on most people who use and trade Bitcoin, because there are few who use bots in comparison to the number of ordinary users.
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I have a magical plan to expand the Bitcoin market with price stability and scaling Bitcoin transaction without breaking the rules. I need some assistance from Bitcoin community. This is the forecast: if you own 10,000 BTC it has m.arket value xyz. If people stop buying Bitcoin means your Bitcoin holding value will be xyz - can, you will loose money. So let us work shoulders to shoulders to implement Bitcoin market development strategy. It will definitely increase the value of Bitcoin up to 150% to 200% percentage. This will increase the value of your Bitcoin holding. You will gain a lot. Contact me.
I-Am-Not-Anonymous; Am I ?
That is a a good suggestion to make bitcoin a better stable currency but i think it would be impossible because there are people who preferred getting daily earnings from their investment and using bitcoin in their dailly needs rather than saving it and waiting for it's value to increase! in fact bitcoin is created mostly for online purpose to use as one currency in all over the world. i think bitcoin can be make more stable currency if more and more people will adopt bitcoin, mass adaptation is too much necessary for making bitcoin more stable. and i think people still need to know about bitcoin so that they can get confident to adopt and use bitcoin. The use of Bitcoin is certainly more visible in online shopping, but I think Bitcoin has the potential to expand into other markets. Nowadays most people have a smarthphone, so chances are great that one day there may be a large number of physical stores adopting the currency. It is important to mention that there are already several options for Bitcoin debit cards, but I think it is better to wait for the fees to be reduced before using any of these. |
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Because bitcoin secured its place in the best way in these years.Secured, no trace, and easiest exchange way made it more popular to people. Only bitcoin is its own competitor.
Bitcoin is famous because it is completely decentralized currency which is being managed in online or internet itself. The main advantage of bitcoin completely peer to peer transaction where many people transferring them immediately. Bitcoin is popular because no other crypto is not compete to bitcoin. These are true facts, but this is not what makes Bitcoin more successful than other currencies since other cryptocurrencies also have such features. I think that the fact that Bitcoin have arrived first allowed the currency to reach a larger user base. In addition, there are a lot of people mining around the world, this makes Bitcoin more decentralized than the competition, which do not have a network with the same level of support. |
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To popularize button it's necessary to make the image of bitcoin exposed to general people in nreal world then to advertise online in website beggar offline marketing and advertising have very big big impact on people.
So i thing having a bitcoin shop in big city would be perfect because many people will then come to know about bitcoin.
Exactly, basically the best place to advertise was on the higher population that is what an advertiser always aims right. Same thing with bitcoin best way of promoting it is to let people experience it and the best place to do it is obviously in the place were most of the population were at. Yes I do agree so but who will responsible for this job? I mean, I have never seen many shops in the big city which accept Bitcoin. There are only a few shops there and I think with this number we can not make any significant effect to other people. Therefore, Bitcoin needs our support and it is necessary for us to start our own business which accepts Bitcoin in our local area I think the one responsible for the advertisement will be the person who is setting up the business himself. Since those who are not setting up that business will have no incentives if ever they promote the place, unless that business will come up to a strategy that will give incentives to the person who refer a client to their business. Certainly it is the merchant's task to promote the business, and I think there is a considerable cost for advertising. However, especially because of such costs, the merchant would not make this option available if there was not a great demand, so it is important that the users also demonstrate interest for the merchant to make this payment option available. |
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I have a question for you. How to make governments accept bitcoin and not see it as a threat? So that one could use bitcoin in daily use, such as paying taxes or grocery shopping. What is there, other than anonymity, thats making governments fear bitcoin and cryptocurrencies?
The only thing I see that can make governments take decisions in favor of Bitcoin is the transparency in using blockchain. There is also the fact that this makes people's lives better, but history has shown that, in general, governments choose ways that, even ineffective, allow them to have greater control over society. That being said, I think governments would prefer to create their own Blockchain instead of accepting Bitcoin as their local currency. |
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This is not as simple as it is not just a matter of developing a currency capable of doing something that Bitcoin does not do, it is also a matter of developing a currency with features that are very difficult to implement in Bitcoin. In addition, it is necessary to attract a large community, which is willing to bring knowledge of the importance of your project to other people.
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I realized that it's not just Bitcoin that people can not understand. Many people fail to understand basic concepts of economics, and this is a factor that compromises Bitcoin's understanding. It may be necessary to first explain things like inflation, centralization and other problems, then it will be easier for people to understand Bitcoin, because Bitcoin solves these problems.
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My friends always use bot for trading, he said that it it easier to control and easier to make the trade, but i myself never use any bot, i feel more satisfied by trading myself and i feel i can learn more things by doing trading myself
You may saw a number of people after involving in crypto currency start trading thinking that it is an easy way to earn money even the do not have any knowledge about trade. So only these people often depend on bots for trade because for them because they are unable to do trade manually and they find working with bot easier while professional know well about how to trade so they do not depend on these bots for to start the trade. using a bot can help us to trade like pro trader but remember, if we don't have experience or have any knowledge in trading, then its the same like suicide with our money and we can not take control for the bot. but if we want to learn to be pro trader, then i think we don't need to use bot and we can trying step by step to increase our skills in trading. From the reports I see, there are people who can get good results using bots, but they are not all. This depends on the code, it also depends on the trader's ability to set the right parameters. Anyway, I think this would be able to make a profit only for a certain period of time, because the market always changes, and such programs can become obsolete. |
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Don't invest dumpy into altcoin ultimately you will be in great loss. Before investing into altcoin you need research about market and their market capitalization, every thing about supply, road map, further benefits. You also need to check the updates in Ann every time about the coin.
These are aspects that the investor should thoroughly investigate. It is also necessary to research on the competences of the people who are working on this project. It does not matter if the project has ambitious and revolutionary plans if the team has no competence to do such things. And speaking of development, I recommend checking the Byteball project. There is only one developer, but you'll be able to see that he really has the competence to deliver a good product. |
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You can trade BTC and altcoins at any age. Some exchanges require you to accept TOS, where it's written that you have to be over certain age, but it won't really matter to them if you're not. The only problem you might have is if the exchange gets hacked or loses your funds, because in such case they could ask for an ID and bank account/ address to repay you. Also if they lose your money it will be hard to get it back (TOS violation on your part).
I had some doubts about that, but this clarifies some things. And with regard to exchanges, in fact the occurrence of such events could make things difficult for people who are not willing to provide more information, and the possibility of such scenarios should not be underestimated... even exchanges considered reliable can go through problems. No one imagined what would happen to Bitfinex what happened last year, for example. |
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You can't now that. You.might predict but with no guarantee this will be correct. You can use all analysis and bitcoin market trends to help you and this could be useful but you still can't know for sure. So maybe just to follow some internal feeling and experience.
Sometimes it is not so difficult to spot the cryptocurrencies that bring something really different, that have a good development and features that make such cryptocurrencies more efficient. The problem is that sometimes even the currencies that have such resources do not receive much attention, and therefore do not receive many investments, at least not too early... sometimes it takes a lot of time for the market to realize the potential that exists in some crypto. |
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I think that even if important developers have their participation compromised, there will still be a possibility that new developers will join the team. And if the problem is in the jurisdiction of a certain country, this may not be a big problem, since Bitcoin can get support from developers from all over the world.
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I'm also trying to understand the concept of it. It seems the project seeks to create a token capable of allowing other people to hire individuals who want to perform certain tasks, and presumably this token has a value based on the working time that the individual will provide. The question is, would this system be more efficient than existing services, in which people are paid in Bitcoin, such as Bitwage? Creating a new cryptocurrency for this purpose is this really necessary?
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