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panic selling is always risky  and not selling when you panic is risky too (cause there are reasons for panic, usually) that is truly an intractable situation! |
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in your country income from bitcoin taxed? state the country
in my country the tax from bitcoin still has not been done, because my state government does not take action to have bitcoin or use it in state finance. if you have to pay taxes in your country you have to pay taxes based on your income or profit. It usually works that way. So, if you have profit from the operations with Bitcoin - your have to pay some taxes when you convert BTC to fiat and have profit. |
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If bitcoin would be legalized in all countries there will be a massive deflation in its price and lots of big investors will quit. Bitcoin should be kept neutral because of its volatility.
This is impossible buddy if people or governments make bitcoin legalized there will be a big possibilities that it will be more valuable and even the price is more expensive than now. possible and one day it will be done govs just need to find some way to control spendings |
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Panic selling will only result in suffering of huge amount of loss.
sometimes it's the only way to prevent bigger losses |
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Oh, you'll sit all days and nights... Be prepared to it. |
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Of course panic sell it is psychological effect, but always is starting from mathemathic/statistic calculations or some extremely bad news for the project.
In my opinion the real price of Bitcoin is much lower than what we see on the market today, and the panic sell for Bitcoin is very real.
sure. Most Bitcoin owners today think about Bitcoin not as a payment tool, but as a way to invest money and get income. For them main and only thing what Bitcoin have to do is growing. Price of Bitcoin must grow. If not - they will sell it. At the moment they start sell it, the price goes down and that activates panic sell. More people sell it - lower goes the price. |
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For me better to invest money to save it because many of us really earn money, and many of us invest it and many of us dream to be rich like me. I am investing btc and I earn high in investing.
saving and investing have the opposite meaning. Investing is always risky. Sometimes very risky. No risk = no profit = saving. Higher risk = higher profit = investing. |
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It's not 100% legal yet, so it's complicated. But I saw pictures of some btc atm somewhere.
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The idea of crypto is to erase borders dividing asset from money and from contract |
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ビットコイン、ビットコインキャッシュ、ビットコインゴールドといろいろと派生しているので死んでないですよ。
I translated your post. Could you please use English in international sections of forum? and yes, you're right. all that forks are not good for bitcoin. |
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You can agree or disagree, but the transaction price is too high already today.
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No.Bitcoin volatility cannot be controlled.As long as it has investors here and there.There will always its ups and downs.Maybe in the near future it can be but its like stocks also that we cannot predict if its higher or lower.
it can be lowered. Regulations will make cryptocurrencies used everywhere in the world and that will make the price more stable. |
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This thread started on 2015 maybe at that time Bitcoin a bit stuck then now we can see Bitcoin flying to the moon.
Now bitcoin $10,000/BTC. We still hoping next year will flying again till $20,000/BTC.
I think that bitcoin will survive for a long time as well because a lot of people invest in bitcoin and i think that it will grow a lot more. the value might reach 20k in the future but i think it will take a long time for that to happen. We all are hopeful for bitcoin to touch $20k in upcoming future. Like you, every user of bitcoin is making wishes for such success for bitcoin and we hope things will be fine in future. actually bitcoin can’t be dead or make dead, the reason is, it is providing the whole world of users, best percentages of profit for every trade and this will continue until the a century minimum. if BTC price will hit $20k in 2018 - Bitcoin will stop being a money and currency, and will be a store of value only. |
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Well, the dollar has a price because it is driven by gold. that is, the dollar has a price because in the back up using gold. so, not forever we can make dollars. dollar amount, equal to the amount of gold deposited in the bank. well, that's as far as I know.
dollar is not driven by gold. dollar is not backed up using gold dollar amount is not equal to the amount of gold in banks as you are a Hero Member you definitely must know basics |
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The freedom that bitcoin gives us seems relative, because in reality many of us have acquired a new type of slavery when we see ourselves submerged every day more in the world of cryptos, ICOs, tokens and things like that. It is true that now I do not have the economic troubles that I used to have, but now I feel quite busy in these businesses, even more than when I was an employee.
Not only freedom, its transparent and democratic. There is no central powers or authority which controls everything about us. Imagine, there are banks, but there is no governmetns controlling it. And all of the transactions are transparent. That's awesome. Bitcoin is democratic, but it is now transparent. Maybe Ethereum is. To a certain degree. But certainly not Bitcoin. |
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isn't it legal ? as long as there no law that will abide the bitcoin around the world you may consider it legal! and if a country will stop bitcoin like what china did ! people will find way to have bitcoin in other country, therefore banning bitcoin will reduce your fellowmen and wwilll give other country a good source in the near future !
The ability to move money to another country doesn't make Bitcoin legal, no sir. Banning Bitcoin is making it illegal. That is exactly what China did. |
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Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin. Is this the impact of rising bitcoin prices?
this is temporary effect when crypto currencies will become much more popular than now - it will stop grow that fast. |
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Bitcoin can no way replace the fiat currency. Fiat currency has got its own advantages. Just imagine if we want to purchase a 2 dollar object from a shop, we always try to pay the shopkeeper with fiat currency. Suppose if we pay in bitcoin, we need to spend totally 5 dollars for purchasing it including its transaction fees. Bitcoin is useful for bigger transactions and for smaller transactions still fiat is the best method.
if transaction price will go down, crypto currencies can replace credit and debit cards. So yeah, there is the way Bitcoin can replace fiat - become more convenient for small payments. That's it. |
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It is not suggested at all because you can make a lot of loss with panic selling i would suggest to just wait till it grows again and hold your coins if it goes down because it will go back up in fact i would even buy more bitcoins then.
OK, it's always about HODL if you do not control your money in a smart way. But panic selling is about panic. Panic is time when you're no more rational. When you panic you act impulsive. You just can't fight it with logic. |
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Its better to invest than saving saving and investing are two different things that are better if done simultaneously. They are not one better than the other. It is better to save part of the income and to invest some other part. |
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