I am more surprised of the way it went down last few days. Below $1000? That is a hell of a fall.
Do bitcoin holders really panic like that to make it fall for $200?
I thought we are risking some money here for a better profit in the future.
Just a news about bitcoin ETF makes them excited then suddenly dump it after the news of not accepting it.
We should really change the way we see bitcoin.
Dude it was below 1000 for all of 10 minutes. It was a cascade of sell offs triggered by news of etf denial, and a whole lot of stops getting triggered. It was back at 1200 in a day. Right, nothing big happened with the price, no significant dump and I don't know why people are making such drama out of it? There is nothing wrong with the price, it has kept the good value with goods position to continue to rise and come up to bigest value so far so don't make problems where there isn't any. |
|
|
|
You can say what you want: It HAS a meaning. The fact that the standard unit of gold is now lower than the unit of bitcoin has a psychological impact on market participants and will hence have an impact on the price.
That is true but the question is how long will this situation last. Many people still prefer gold over bitcoin and one of the reasons for that is that gold is material and not virtual like bitcoins and people still trust more to material stuff and gold is precious metal that always had and always will have the value although at the moment bitcoin is better investment. |
|
|
|
|
We have learned that governments are still not ready to fuly embrace bitcoin but also that this doesn't matter that much and that bitcoin is stable enough to survive such rejection. No big deal happened, no big dump and the perspective looks fine. That is the good lesson.
|
|
|
|
|
If the profit is too big and to easy, if it looks too good to be true then it's probably a scam. Unfortunately so many web sites like this are fraudulent. Many scamers use people's desire for big and easy profit. If any little things looks suspicious to you, don't invest. Go just for trusted sites.
|
|
|
|
|
If you want to run legitimate business first you have to know what is the regulation about it in your country and how is with paying taxes otherwise you might have some troubles. You also have to be well provided with goods you would like to sell and what would be the most convenient payment system. Daily payments are tricky and maybe not the best choice.
|
|
|
|
|
This just has shown that at the moment bitcoin is strong enough and resistant to such situation which is excellent and showin that bitcoin is becoming stronger and stronger and this is very important for future biger adoption and development. I don't agree with some predictions here saying that bitcoin price will drop significantly in the next few months.
|
|
|
|
i see in the last night, there a panic selling when the bitcoin price is increase so high until reach $127x and i am sure that many people make big profit of this but suddenly, the price is getting lower again until reach $11xx. but i heard the price is reach $9xx, if this is happen then i wonder how much people that buy bitcoin in that price because the price is now is up again and its stuck in a range. i don't what will happen with the market later because there so many people is buy and selling bitcoin many times.
Because of all this ETF story there was a mess on bitcoin market for a while and the price was going up and down so anyone who was able to be present 24hours on the exchangers had the chance to make nice profit. I don't think there will be another opportunity like this one soon. But at this moment there is no need for panic or for selling. |
|
|
|
|
Tricky situation but the coins doesn't necessary have to be lost. Many web wallets have ways to,recover your funds, even if the password is lost, like blockchain. The best way is to contact the customer service, explain what happened and I'm sure there will be some kind of solution.
|
|
|
|
Panicking will not help with this kind of waves.
What is the problem with the bitcoin holders. I thought they know that this happens to bitcoin always. That ETF wont hurt a thing. It is just a new thing to talk about but it doesn't change a thing that bitcoin is really volatile from start up until now.
Yeah, why the panic and why everyone starts behaving like they are total beginers. Volatility is totaly normal and inevitable part of bitcoins, people should have learned this by now. Just watch the market carefuly and be wise, everything will be fine. |
|
|
|
|
Bitcoin is not the threat to current financial system, it's something different, the alternative, something that we have never had before. The reason why financial establishment is afraid of bitcoins is competition because now people have the choice and some rules have changed.
|
|
|
|
Full reasons to adopt bitcoin and left the old fiat. But we must say bitcoin isn't ready for a mass adoption yet. If a whole country starts using the crypto currency we won't be able to do all the transactions and it will be worthless like bolívar or any other currency like this.
Theoretically bitcoin is perfect, but on the practice we are facing some issues very imminent to be solved.
That'r very right words. I also thing that bitcoin is not ready to become international payment istrument yet. Yes, it's coming to mass adoption, but too many things waits for bitcoin before to become so really. I think this year is going to be the best year in bitcoin's hystory - it will appear many new places that will start to work with bitcoin directly and the necessary laws of government's control will appear. And all of this will move bitcoin much closer to the mass adoption. I would say that bitcoin already is international currency because it's used all over the world but it can't be fully adopted and used as fiat money and I agree there are many reasons for that. And governments regulation is getting stronger so we will see what will that bring to us. |
|
|
|
|
Don't spend the whole month,salary on bitcoin. I don't want to,say that this is bad investment, no, it's good but still risky and you don't want to spend all your money, there is no need for that. Better invest little by little for a longer period and collect coins. Or maybe find some additional source of income so the part you could invest in bitcoin.
|
|
|
|
|
It's always good to have some source of information about bitcoins but the problem is that there,are so many different sources like web sites, blogs, articles etc.and no one is actualy controling the content so you can find very informativne stuff but also the rubish. And it's hard to,say something new but good luck with your blog.
|
|
|
|
|
I mainly use PayPal. Not because I wouldn't want to spend my bitcoins sometimes but I like to shop online and in many shops that I like I can't spend bitcoin. Hope this will change soon and more popular web shops will decide to accept bitcoins as a payment.
|
|
|
|
|
I don't know what to say exactly, the situation is bad but it seems that is getting better although it will take time for everything to get to the place and for standard to improve. Some people saw bitcoin as an new options and new source of income. Some have failed with bitcoin too but some have succeed and improved their lives.
|
|
|
|
|
2017 should be very good year for bitcoin. The price looks fine, with tendency to go up more, bitcoin is getting more and more established and adopted, the number of users is growing so this year could be one of the best ones for bitcoins and other cryptocurrencies.
|
|
|
|
|
Btctalk Name: BingoDog
Rank: Full Member
Current post count: 500
Btc address:1Pq7yw8fi5HBjLHK5iJwX6DpG7WYDdKU4n
Wearing Avatar : yes
I will change the signature and avatar if accepted
|
|
|
|
|
Some extra job and extra income is always the solution. But it also depends how much money and how urgent you need it, so the other solution could be asking for help from your friends and family. But you will feel much better if you will not have to borrow money but have your own source of it.
|
|
|
|
No. It won't kill income tax. The taxes we have to pay for purchases is a lot.
Even if I have to give 0.01$ to my friend , including the fees and all I will have to pay around 0.15$.
That's a lot of fees/tax. But in the near future if this problem is solved , then it might kill income tax.
I think you are wrong because the governments are aware about bitcoin and they will adapt the tax system. This is not very difficult for them cuz everything is under their control. No, Government cant control Income tax via bitcoins because there is no record with government about that. What they can least do is that they will apply taxes as soon as that bitcoins are converted into Fiat. For now bitcoin has no government involve to control income tax for bitcoin.. but maybe in the future we will see taxes while we are using bitcoin just like other payment methods.. Look at the vcc's they are also asking for taxes online payment.. or credit card visa they are automatically deducting taxes that i think it can be also happen in bitcoin in the future.. Yes,in the future governments could consider tax for bitcoins because by now they realize that could be good source of income for their budgets and they don't want to lose that. Hope this will not happen but this also depends how much the bitcoin will be involved in economy and financial system of each country. |
|
|
|
|
Show Posts
