Wow the 4000 euro one looks really nice. It includes all the furniture? Looks small but a really comfortable place to live. Then again, as the other poster pointed out... where is the trick? There must be one. Really convective neighborhood? Is that place in the middle of nowhere? really low building? Low possibilities to rent it? (people don't want to live there for some reason?) I don't know anything about Estonia so im not going to risk buying real state in a country I know nothing about. It might be a very unstable country for all I know. Are they at the verge of some war? shaky geopolitical situation?... so many variables to consider. I confirm there's no trick. Actually, I don't find that dirt cheap. This is a very cold place, and close to Russia. Very few people want to live there. Estonia is a stable country with nice people (and beautiful women), but the only city a foreigner may consider is Tallinn.
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OP, place yourself in the shoes of the people you are talking about, and be honest in your answer. Given the situation that they are under now, and if you were in their shoes, would you not do the same? Would you care about the technology, if your wealth were in danger?
Let's swap hats and see if we can really blame them for everything. ^hmmmm^
A true investor would capitalize on this situation, and take the opportunity to make some profits whilst the markets are in turmoil.
Good point! I guess I could have done the same thing, but this is no investment, nor any sign of support towards BTC. I make the difference between investor and speculator. I'm an investor, which means I'm checking BTC's price once or twice a month. I'm playing long term, with no plan to sell my BTC this decade (except for small expenses like on Fiverr).
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We shall not hide from the difficulties. The blockchain will be 100 go before the end of winter, but nobody cares about that.
BTC has problems. Scalability's being the biggest one. I remember Mike Hearn saying that BTC has failed, a year ago. We may not like him, but the problems he talked about were real, and still aren't solved. Far from it. SegWit looked like a promising solution, but after 6 weeks, it has less than 30% support, with barely 4% gained in the last 30 days. At this rate, it will take years for SegWit to pass. Is there a plan B?
Cautious investors like me are waiting for a clearer future before buying anymore BTC, but to my great surprise, BTC keeps on going up and up. So I have the feeling that the people from China or India (or other places) who are pushing up the price just don't care about BTC. They just want to escape their country's regulations, or failing currency, and that's not good.
I got in the BTC bandwagon because I believed in a decentralized government-free currency, but those newcomers just got in because they saw an opportunity for fleeing. They might flee again fast if somehow they lose confidence in BTC.
As a rule of thumb, slow, stable growth is always better to sudden quick changes.
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Yes, mostly.
We shall all understand that some tax is necessary to keep streets and roads safe and clean, but it takes very little tax money to pay for this useful service. Most of the tax money goes to useless or real bad things like welfare. Welfare is the biggest crime manhood has ever commited on nature. There are probably some 40 millions people living off welfare on Europe, they should all die. The sooner, the better. Only the strong shall survive. Ethiopia is a much nicer place with gentler people. Most Europeans now believe it is a God given right to spend their whole life without working, with an allowance from the state to have a decent life. Tax money has corrupted their minds. Sometimes I wish the whole economic system would just crash. People would be forced to work, just as it was a century ago, or as it is today in Ethiopia.
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Police are now looking for Tunisian asylum-seeker Anis Amri, they found his id document under the seat of the truck.
Is this real? I know terrorists are assholes but I can't understand how the guy could be dumb enough to forget his ID in the truck. If I were him, I would just walk into a police station and tell that I've lost my wallet.
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This isn't like an election. There's no election day with results coming in late in the night. For the best or the worse, miners may choose to wait weeks, or even months, before upgrading their system. I agree it's worrying, though. Very unnerving to say the least, as you can't make predictions.
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OP can buy stocks with bitcoin, there are online brokers who accept bitcoins and they are not limited to specific countries.
Interesting, do you have any examples? And more to the point, are they reputable and won't run off with my bitcoins? EDIT: Noticed I am now Legendary! Whoopee! (not that it really means anything ) Yes, I'd like to know those companies, too. A link would be most helpful.
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Being currently based in the UK, can I use American or foreign brokers? Or do I have to deal with UK brokers?
Yes, you'll have to stick to British brokers. I doubt an American broker would accept a payment from overseas, even if it's in US$. Markets are heavily regulated with AML and KYC. You certainly could invest via a Swiss bank, but the minimal investment is way higher that the sum you plan to spend.
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OK, Skrill accepts BTC in some countries, but who will want to use it with a 1% free? Bank transfers are without any fee, so they remain the best option.
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Someone can run campaign to promote it.
How about you doing it? No one will stop you. You can! That's the problem and at the same time, BTC's best asset: there's no large organization behind it for promotion, nor to update it to make it scalable.
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Only to friends and family. I got no interest in meeting a stranger down a dark alley and waving my phone at him or her. That don't sound like the future of money to me.
Haven't thought of that. Don't you do cash transactions with other individuals? I do. Several times each year. Buying old cars, or car parts.
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Well, I see the majority of the people are like me. Face to face transactions are rare, and I think it's a pity because I've done several cash transactions those past few months. Most notably, I've been buying and selling some old cars, and parts. I'll insist net time about using BTC to make the deal.
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I've been using BTC for a while. I've been using it at exchanges, to trade altcoins and to order goods over the Internet, but I've never exchanged BTC with someone in front of me. At a store or between friends, or family. This despite having had long conversations about BTC with various kinds of people, and attending a few meetups.
Who has exchanged BTC F2F?
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BTC won't change much for most people, because they have a fixed job with a fixed salary, which is lawfully declared to the tax authorities. So you may be paid in bananas or rubles, the government will still be aware of your earnings, and you will have to pay tax on that income.
If you don't want to pay income tax, actually, it's quite easy. I'm not paying any. I'm being paid by bank transfer, with transfers coming from a country where I've never been, going to my bank account in a country where I'm not living. You do that, you don't pay income tax.
But there is always a risk of being caught by doing that. How are you supposed to have a bank account opened in a country where you don't live? as far as I know you can't unless you live X amount of time on said country. Like 1/3 of the year you must live there to keep your account. If it was that easy and riskless no one would be paying, but the reality is, people get caught including famous rich people like Cristiano Ronaldo which by the way may be facing jail since he didn't pay like hundreds of millions. There can always be leaks and so on. I see you're not familiar with these things. Tens of millions of people have bank accounts in countries where they don't live. But I forgot something, you need to avoid making any payment from that foreign bank account in the country where you live.
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I used to blame the developers for being too slow to find a solution to the scalability issue. Now that we have one (well, sort of...), I may start to blame the miners for being too slow to implement it. At this rate, we'll be lucky if SegWit is adopted by Spring.
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BTC won't change much for most people, because they have a fixed job with a fixed salary, which is lawfully declared to the tax authorities. So you may be paid in bananas or rubles, the government will still be aware of your earnings, and you will have to pay tax on that income.
If you don't want to pay income tax, actually, it's quite easy. I'm not paying any. I'm being paid by bank transfer, with transfers coming from a country where I've never been, going to my bank account in a country where I'm not living. You do that, you don't pay income tax.
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Not in Italy right now, but I spend of a lot of my time there, I enjoy that country and its people so much. What's wrong this Italy is that when there's a problem, the government plans a new regulation to fix it. Then you wait. 6 months, then one year, and 2 years but nothing's changing. Because, the proposal to change has been lost nobody knows where, the parliament which was supposed to make it law had urgent work which prevent it from looking at it, some senator who is against the change has added one thousand minor proposals to make it better, and that will take 10 years to examine, the minister who was backing the project has been fired because his mistress has been arrested with a large suitcase full of cash, etc, etc...
The referendum this week-end will try to make things easier to change in Italy, but many are actually enjoying the country at a standstill. Tomorrow will only be worse, but tomorrow is another day...
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If Europe chose to ban something, it should ban websites telling false news to scare people. There are rules regarding Initial Public Offerings, accounting and access to capital markets, and those rules change with time, but most of them aren't applicable to BTC. Europe may tighten again KYC and AML regulations, and that may concern exchanges, but BTC and blockchain tech are safe.
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Yes, Segwit will effectively allow larger blocks, but that's not its main purpose, and the increase is marginal.
The most recent transaction type data shows that we would have a probable block size of 2.1 MB (up from previous 1.7 MB calculation). So 2.1x is what we call marginal today? Well, I have missed that part. Last time I read about it, it was 1.7 to 1.8 MB, which is still substantial, but still modest considering that some 18 months ago, there was a proposal from leading BTC developers to raise the block size to 8 MB. So this crisis is over, but I have no doubt there will another one not far from now.
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