Do i buy bitcoins or wait?
You can wait till 2020 if you want to. After halving then I believe the price will fall. However, it might still in price be higher than it is now. My advice is to buy but not too much. Buy 70% of the planned btc to buy. And save the rest of money till some better moment. I think btc can fall till 500$ some day under some specific circumstances.
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I suppose he is not going to do that, because just as you noted they are likely either to put him in jail or at least to make him pey huge taxes for what he earned by this creation. They may even force him to create some superstructure for bitcoin which will make people pay taxes to somebody at least. That is why he just can't afford doing such a think. Bitcoin may then start being free and 'put into jail' instead or with its creator.
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Whoah, I hope this won't really happen. It is natural they want to do so, right? They are used to have control under everything and predict the economical development. How can they do it when there is something anyone can use and pay 20 000 satoshi but no additional taxes? And yet I'm thinking.. If they do shut it down.. Is it possible for something else to appear instead? Or is it truly the end of bitcoin then?
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I voted for current value-1000, because this just seems realistic. We have seen btc 1000$ before and it is not very far from that now, so within the year it may get somewhere close to that. However, I don't think that it will go above this sum, because I just don't see any good reasons to believe in that.
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I have never been scammed, fortunately. Maybe it is not only luck but also me not trying to get involved somewhere and to earn money (I think this is how people get scammed usually. They believe they are the smartest and don't see the trap). Where are people usually scammed, by the way? Is it mining pools?
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My guess is that it is obviously stealing in the case A, because the question is like, when I get the key from one's house and take the money from out there is it stealing? Yes, it is. Case B is not that easy. You might have recieved the money accidentally and then it would be better to return it. But somebody might have wanted to surprise you and send you money or it was a robot giving random tips for some actions. Case B is half-stealing, I think.
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I believe this depends on a country. If btc is generally illegal in your country then yes. If it is out of the law then I guess it isn't. If it is legal then probably you need some kind of a licence to do such things. You can check it here: https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country. And yet I think it is crazy if that's true people get arrested selling btc without a licence. Come on! Does it really always has to be about taxes and stuff?
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This is something that shoul happen on the next years, legalize bitcoin would mean have to tax them, as long the countries dont make the tax too big, i dont believe it can damage directly anybody, as long our identity keep safe. Imagine some hacker acess the portal where we can make the payments and collect all adress and users bitcoin ammounts, we would be starting a war, and this is what scares me, even having a low ammount ot coins, i do like my privacy.
I agree with this. Taxation is sort of inevitable thing that is going to happen to btc if it is to be recognized by the governments and if it is to become a lot more popular than it is now. My guess is that it might slowly ruin the whole idea of btc, people might just start using another currency and we will have some kind of the war between taxations and new currencies to use till they aren't taxed. However, there are good things coming along with taxation. Ability to pay in the supermarkets or buy tickets using btc, for example.
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This is interesting. It seems like it is worthless, at least comparing to bitcoin. However, considering the fact that btc is just not accepted in most of places and is illegal in many countries, I think it isn't true, because people will just keep using fiat money, guaranteed by the government. Bitcoin was less than a dollar and was more than a thousand. Did it anyhow affect fiat money? I think it didn't. That's why I think that it won't.
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It certainly depends on a country you are in. In Canada and France you need a licence and in the USA it is just forbidden. You need to check it here firstly: https://en.wikipedia.org/wiki/Online_gambling#Legal_status. But why would you do such a thing? I wouldn't, because it is much of responsibility, you know. People become addicted and it is sort of your fault then.
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It is obvious and yet if you put higher bets you are likely to become Poor as well because of losing something, you know. That is why it is important to keep balance and control the sums you can spend on gambling. And thinking that gambling can make you rich may be dangerous, you know. I think that is how people usually lose a lot.
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Why shouldn't I believe in Fiat? Governmental regulation guarantees stability in a way. I understand that Bitcoin is profitable and popular and yet we all mostly use fiat money, right? Because that's the money for which you can really buy something.
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Well, you have to seek for some high quality news about bitcoin. You can start just from its legal status, Switzerland where you can buy them in the airport and Sweden planning to switch to their own cryptocurrency. Well, for a teenager it is always a problem to explain something to adults, because they don't respect each other mostly.
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This man selling cattle can mean two things. If he is a typical farmer it means that our world is getting stabolizes, so people believe in science and abstract things, because it is really stupid to sell something real and usefit for ideal and doubtful in crisis. If he isn't then it is just him being crazy when other people are a lot more careful.
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I get what you mean. Bitcoin can become a lot more profitable than it is right now, so why should we sell it? But there is a problem here. If we don't sell btc we don't really use them, right? Because when you buy smth for btc then you sort of sell btc and take that other thing. And in this situation btc is to become self-sufficient value. But why should we have monwy we don't spend? It just leads to nothing.
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I heard the news that Sweden is now planning a transition to cryptocurrency. I don't think this will really replace all the money in 100 years. Maybe it is just because now there are many old people still using cash and stuff. On the other side, we do see that even now people mostly don't use cash. They use credit cards, so it must be natural for them to switch to cryptocurrencies then.
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Gambling does in fact come from the word 'game' but it doesn't mean something like a light, easy game without much things to be in risk, so I would define gambling as a game activity involving risks and causing dependence. However, the word 'game' is too wide to be in the definition, because for someone life can be considered as a game, and so living is gambling as well.
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I don't think it is realistic. I don't think Trump will really make some sanctions connected to China or that China will reject transactions. I am not sure if it's even possible. Isn't TOR supposed to deal with the problem of tracing transactions?
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It is sort of nice and interesting but the problem is that 'begins planning' is far from reality. And yet if we imagine they did it: how will that effect bitcoin? Well, I think it will get an opponent, at least, and we will be able to see whether btc ideology or nice progressive government wins in this battle.
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Let's be realistic. It is certain that now the amount of btc users is even a lot less than 1%. In fact, most of people suppose it's about 6 mil people, so it is around 0.1% of all the people on Earth. Even if this amount increases in 5 times it would be half of a percent, so I don't think that it is possible for the amount of users to overcome the first option in this poll.
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