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981  Economy / Economics / Re: Does this mean Cash will be extinct? on: October 14, 2017, 11:28:17 PM
Sweden is contemplating to stop using cash by 2023, does this mean cash might be extinct if other countries follow suit?

https://www.weforum.org/agenda/2017/10/sweden-could-stop-using-cash-by-2023?utm_content=buffer40bef&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

The Nordic nations tend to be first at implementing such schemes so I think it would take  5-10 years for the rest to follow. Troubling news, though we kinda expected this to happen anyway. Once we started dealing with our money using cards, it's really just a short step to outright removing physical fiat.
But probably many countries won't make it the same. Because not 100% percent are accepting this kind of technology and I'm pretty sure that the government will bring themselves into more complicated situation. Maybe the can considered of having both currencies and it only depends to the community which one the are comfortable to used.
982  Bitcoin / Bitcoin Discussion / Re: Are Bitcoins taxable? on: October 14, 2017, 10:37:37 PM
Bitcoin taxes are like capital gain taxes, at least in my country. I need to pay 24% taxes from the moment I cash out any Cryptocurrency gains. Depends on your country though, just ask your local tax authority as I did.
Government authorities on our country isn't imposing tax to any bitcoin holders. Vey often that we pay any charges when we make transactions but not considered as tax, it is a service fees only. Because as far as I know, if you declared all your owned assets including btc to the government, then it could be included during their calculation on how much  tax you gonna pay for the overall amount. If not the, it will be free from any charges.
983  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: October 14, 2017, 05:14:58 PM
I think the bitcoin showed really significant developments towards becoming a valid currency, and as a result, it managed to be a real and widespread currency. But I don't think that bitcoin will replace dollar. I think in the future, the traditional currencies and the cryptocurrencies will always be used together.
Bitcoins popularity is not the basis of having chances to replace dollar or fiat currency. Yes it is accepted that bitcoin is surpasses dollars but it could not make dollar from crashing. And aside from that, more people are using dollar in any transactions compared to digital currencies especially to the people that belong to the lower class of the society.
984  Economy / Economics / Re: Can we totally eliminate all the banks in this world? on: October 14, 2017, 08:18:12 AM
What is the future of cryptocurrencies when all the government need to do is to close the bank accounts of businesses or exchange?

https://www.coindesk.com/bitcoin-businesses-face-bank-account-closures-in-singapore/

Maybe but we cannot tell when bank to be eliminated i think it is imoossible because unless all people alreayd adopt already bitcoin as a digital currency.
I don't think that bitcoin could be eliminated  because we all know that not all of us are in using crypto currencies. And still a lot of people, even billionaires that are using and totally supporting banks. They considered banks as their primary storage of their wealth and it could be hard for them if banks will gone.
985  Bitcoin / Bitcoin Discussion / Re: is it risky to turn all my money to bitcoins? on: October 14, 2017, 02:29:46 AM
i think all investment have risk so when you turn all your money to bitcoin have risk but it's worth because you can see bitcoin price's always rise up.
Online investment could be more vulnerable for any scam, that's make this into more risky than having investment locally. It is not a good idea of putting all your money into a single investment because a single mistake is gonna make your money falls into nothing. Half of your saving is enough for an investment but be sure to have a research before engaging into investment.
986  Economy / Economics / Re: Bitcoin price is recovering! on: October 12, 2017, 11:52:00 PM
Price is 4.755 at this moment checking preev.com rate, good time to sell BTC, very nice one the price is about to hit 5000 again.
I know bitcoin price won't stop on $5k, still keep moving and it is a good indication that China and Russia false news won't affect bitcoin trend in the market. This is another strike of bitcoin, it's a big money if converted into our local currency and I know everyone will be happy to see bitcoin soaring again.
987  Economy / Speculation / Re: Now That We're Above $5000, how long until we hit $10,000 BTC on: October 12, 2017, 10:45:49 PM
I know $10k is far from today's price but I've always thinking positively that it would be reach within 2-3 years from now maybe. Is just a kind of great and fast movement of bitcoin in the market. Is just a long run but we all can benefit on this in the future.
988  Economy / Economics / Re: it is possible fiat currency will crashed? on: October 12, 2017, 10:23:03 PM
I really don't believe that kind of speculation. Even though bitcoin will be on top and its price are unstoppable but still fiat is on the heart of the people and their is no chances it will happen. Price stability of bitcoin is a big problem and also not all individuals are knowledgeable on this kind of technology.
989  Bitcoin / Bitcoin Discussion / Re: Bitcoin in the future on: October 12, 2017, 02:38:55 AM
Nobody know bitcoin will happen  in the future .
In my think , bitcoin will development .bitcoin will be used as payment
Yes, we really don't know. But I'll be looking forward positively as bitcoin will continue its journey and anyone will given a chance for this great opportunity. As bitcoin will spread worldwide and become a major currency being used and also accepted locally.
990  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: October 11, 2017, 11:50:06 AM
Yes bitcoin price matter people buy bitcoin when the price is cheaper and they sell bitcoin when they reach their target price. But for investors who plan to hold bitcoin for long term then the current of price of bitcoin doesn't bother them at all.
Price is always in the mind of any investors, that could be their basis of what would possible to happen in the coming days and how much they earned. At the same time, they can decide when they sell or buy coins.
991  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: October 08, 2017, 07:41:50 AM
Maybe in the future bitcoin can replace dollar. But for as long as the dollars is governed by the government it would be harder for bitcoin to replace it. If it happens i dont think i am still alive during that time.
Not possible but we should a hundred years maybe before it happens. Since dollar is fully established and usually used in any transactions and also because of stability value of bitcoin in the market. If government fully support cryptocurrencies, then a big change for that but as I've said it's a long process and many publications be made in order to gain more supporters towards crypto.
992  Economy / Economics / Re: When is the right time to buy bitcoin ? on: October 08, 2017, 04:36:17 AM
Actually, anytime you have a chance to buy btc but most preferable to buy btc at lower price for you to earned big profit than buying in high price. But waiting for such a time that bitcoin are at lower price is just a waste of time and it loss opportunity to earned btc even in small amount. So buy now and be more profitable in the future because bitcoin price will pump anytime.
993  Economy / Economics / Re: Bitcoin will control the world economy!!!!! is it true? on: October 07, 2017, 11:50:27 PM
I think anything is possible in this changing world. Since bitcoin is now widely accepted, it can do anything to our economy and will soon be controlling many things.
I don't think that it could control the world economy since bitcoin doesn't contribute a huge impact in our economy but I believe it could be a life changing currency. I say this because not only a single currency can change the world, it needs also a real participation of individuals. Since bitcoin have its own limitation that's why it hard to take controlled of it, and yet possibilities that it would change our lifestyle.
994  Alternate cryptocurrencies / Speculation (Altcoins) / Re: is it better to invest in bitcoin or ethereum ? on: October 06, 2017, 12:22:06 AM
for long term purpose, which is better to invest in , Bitcoin or Ethereum ? Lets discuss that ..
Actually they are both potentially profitable investment but for a long term investment, I've gonna preferred for ethereum. Since ethereum now are not so volatile compared to bitcoin and it's price also are not far from bitcoin.
995  Economy / Economics / Re: Tell me your predictions about Bitcoin on: October 05, 2017, 02:24:47 AM
All of us have a positive predictions towards bitcoin journey. By this things, I believe that it could actually attract more people to engage and embraced this unstoppable technology. To spread it globally, for everyone will amazingly get through bitcoin world. And there's a lot of excitement in the coming days.
996  Economy / Economics / Re: The value of bitcoin? on: October 05, 2017, 12:05:34 AM
As we take look back of bitcoin history from its existence, we truly amazed and totally a fast movement of price in the market. Since from the start, only few numbers of person who are trying to invest with bitcoin. But now, we can't imagine how many are they? Because they  want to take advantage from its promising price. This things signifies that it will take a big role in the community as it gives opportunity for us to have big chances of winning.
997  Economy / Economics / Re: what will happen to banks? on: October 04, 2017, 10:42:34 PM
Actually banks would be affected but cannot totally crash it down. Because  bitcoin doesn't need banks to store their money, instead they banks only as medium of transactions without any fees just like doing cash-out. Since  banks can only generate income from fees in  different transactions in order to survive, that's why they worried about this because it can lessen their income.
998  Bitcoin / Bitcoin Discussion / Re: Can government control buying most of the coins in the market? on: October 03, 2017, 01:29:06 AM
Can government control buying most of the coins in the market?
Bitcoin is decentralized and cannot controlled by anyone even the government. The only thing that authorities can do is to support with it,not by making cryptos into down. Even though the government didn't support this, but cryptocurrencies are still exist in the market.
999  Bitcoin / Bitcoin Discussion / Re: Earning enough with Bitcoin without Job ? on: October 02, 2017, 01:04:55 AM
It is possible, but only if you have the necessary skills. But I don't recommend you completely abandon official work. No one knows what will happen with bitcoin in the future. You risk to remain without money and pensions. You will agree with me it is very risky.
Exactly, it is important to secure our future and to have a passive income monthly for us to survive. Talking about the money we possibly get from bitcoin isn't totally good enough if you are just in the lower rank, but in the higher there is a chance. We can't still rely on bitcoin at all, even though we can make money from here but still we find ways in addition to our income.
1000  Alternate cryptocurrencies / Bounties (Altcoins) / Re: ✅[BOUNTY]✅⚡⚡ OPPORTY⚡⚡✅- DECENTRALISED BUSINESS COMMUNITY ✅⚡[HUGE PAYOUTS]⚡✅ on: October 01, 2017, 01:42:22 AM
Joining signature campaign,

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Editing my post count into 177.
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