Different people have different opinion but I think bitcoin is new part of  strong currency. We need some help from government or national security for monitoring and providing strong  security for those people who are working into this sector. Even more people are affected by various criminal attack that  reduce  and demotivated to work in online earning.
Now times are changing by the help of different online currency trough which people can earning money and invest these money in different sector for the purpose of getting profit. 
In future proper security and more effectiveness of virtual currency  can contribute economical development.

For those who argue that Bitcoin and other cryptocurrencies are the next big things, buying and investing in Bitcoin might just pay off. Bitcoin might excel if currencies like the dollar et al trips under a hyperinflation scenario but that for now is not visibly an option that is available, thus, another fundamental question is wether Bitcoin can replace normal currencies and that again is not feasible in the nearest future. Why then should people invest in or buy a currency that can rise or fall by 20 percent in an hour or two?

The Internet. Only one word, and how much it means. How much the Internet has changed the global human life. Starting from daily communication through various messengers and ending with the management of the strategic nuclear arsenal by world superpowers, everything is inextricably linked with the use of the global Internet. It took relatively not much time for the Internet to "take over" at least half the world's population and more.

Blockchain. Today every 10th heard about the Blockchain, every 50th is interested in Blockchain, and only every 100th knows what it is. Blockchain is a database that exists in a decentralized manner, i.e. the network data of the Blockchain are stored entirely from all participants of the network simultaneously and therefore can not be replaced or deleted, since all changes are confirmed by all network members. This is the value of the Blockchain. Entire state institutions and governments are actively implementing Blockchain technology, and more and more of the largest corporations use it.

Five years ago the Blockchain was unknown in the broad masses. The influence rendered by the Blockchain on the world financial system is very significant. Leading world states take this technology into account in their financial and economic development strategies. And some experts say that the Blockchain has a special role in the plans of the so-called "World Government" to change the global financial system.

It is no longer reasonable to reject in every possible way the study of the Blockchain, its your potential and your personal role in the delopment of this technology and products like a peer-to-peer electronic cash systems founded on the Blockchain like BTC.

My conclusion - everybody will undoubtedly be a participant of this technology. It's only a matter of time. The Blockchain will certainly become the inevitable reality of daily human life, as it happened with the Internet, and who knows, maybe the point of no return has already come.

We see that all the time in some countries cryptocurrencies are banned or in the contrary they start to make a special regulation. It shows that everyone want to do something with it but don't really know what, yet. Maybe you guys can guess, as experts from the crypto community, what do we need for normal living in a blockchain world?

" Google is to ban cryptocurrency adverts following a similar move by Facebook that sees the two giants of online advertising blocking controversial cryptocurrency promotions.

Cryptocurrencies like Bitcoin are unregulated and many adverts promoting Bitcoin are misleading or scams. Google's ban will cover Google's Ad Words advertising products and YouTube, blocking adverts on cryptocurrencies including so-called initial coin offerings (ICOs).

Adverts promoting cryptocurrency and ICOs, which see people buying volatile tokens in the hope they will go up in value, have spread following the surge in interest in Bitcoin in 2017.

Many adverts appear to be scams, offering get-rich-quick schemes or encouraging people to invest in risky and unregulated ICOs, many of which have failed or even vanished with investor money. The price of Bitcoin fell around $400 this morning to $8,895, according to CoinDesk.

From June, advertisers will be blocked from posting adverts on several other controversial financial products. "This year, we updated several policies to address ads in unregulated or speculative financial products," said Google director sustainable ads Scott Spencer.

While cryptocurrency advertising will be totally blocked, adverts on speculative products such as binary options, foreign exchange markets and contracts for difference will only be available to certain certified advertisers, according to the new Google AdWords policy. Affiliate adverts, which take a cut for referring new customers to these products, will be totally banned.

The move follows a similar ban by Facebook in January. Facebook said at the time most cryptocurrency advertisers were not "operating in good faith".

Google's ban would affect adverts on YouTube, which has become a haven of cryptocurrency news and advice. "

source: https://www.telegraph.co.uk/technology/2018/03/14/google-ban-adverts-cryptocurrency-icos/

(Dwindling confidence in the fed? Say it ain't so! By the way guys, is the feds current raising of rates hurting our economy right now?)



(I don't remember where or when I found the above graphic but I think I've had this for 10 years or more. Overspending was a huge issue 10+ years ago, fast forward 10+ years and not much has changed.)



(Minimum wage troubles.)

This thread is intended for discussing and sharing comics, memes, charts, infographics -- any images that are related to economics, finance, trading, crypto currencies et al.

Sometimes pictures speak louder and make a point better than words. Have any good images to share? Post them, please.  

If anyone posts good bitcoin or crypto related images, I'll merit you.

The German Federal Ministry of Finances considers Bitcoin as tax-exempt so long as it is used as a means of payment, Cointelegraph auf Deutsch reported Thursday, March 1.
The German federal authority published its decision to not subject purchases with Bitcoin and other cryptocurrency to taxes on Feb. 27, citing the European Court’s 2015 decision, which set a precedent for all members of the European Union.
The Court justified its taxing decision by stating that it considers cryptocurrency as a legal means of payment:
So-called virtual currencies (cryptocurrencies such as Bitcoin) are considered equal to the legal means of payment, as long as these so-called virtual currencies have been accepted as alternative and contractual means of payment by the parties involved in the transaction and have no other purpose than being used as a means of payment.”
According to the decision, a conversion from crypto to fiat or vice versa is classified as “other taxable services”. Therefore, a party that is acting as an intermediary for this exchange will not be taxed. Under this provision, operators of crypto exchanges can also get tax exemptions, “if they complete the purchase and sale of Bitcoin as an intermediary on their own behalf.”
The court decision also notes that miner fees will not be taxed, since they are paid on a voluntary basis.
These guidelines distinguish Germany from the US where The Internal Revenue Service (IRS) treats Bitcoin like property, meaning that each purchase using Bitcoin is technically considered to be a sale of property and is, therefore, subject to capital gains tax.

Here's how I have been able to change people's opinion from being haters of Bitcoin to thinking about buying some and even some actually buying some.

I follow these 3 steps/rules that I made:

1. Don't get aggressive:

A lot of bitcoin denier get VERY aggressive about how bitcoin is a scam, don't get aggressive. If they are too aggressive and mad, just change the subject for the moment. No need to waste time.

2. Make them doubt their convictions.


Make them doubt that bitcoin is a scam or doomed to fail. A couple of examples that I use are:

      - This is comparable to when people wouldn't want to use their credit cards online because they were scared of fraud.
   
      - Bitcoin is far from reaching it's full potential, mass adoption takes a lot of time. This is comparable to when Amazon just sold books or Google was nothing compared to Yahoo.. remember Yahoo? (laughs)

      - Crypto currencies are the next steps in the evolution of payment : Barter -> Precious Metals -> Paper Money -> Plastic Cards -> Digital Money

3. Mention the Coinbase $10 when you buy $100 in Bitcoin and then let it simmer...

Let them think about it, they will so their research or ask around. Most will come back to you to get your code for the referral bonus.

Do you have other arguments that you use? I'd love to know.



BTC: 3LcmdDp52oShwv9UTy55vX69JxEibEoKrw
ETH: 0xe822Dc108cb78C9137BF2D92429449B97F1415E0

Bitcoin is decentralized so that whoever you are from wherever you are rich or poor, you are free to use bitcoin for any purpose. Bitcoin is freely used for anyone. anywhere

What is your response with this opinion?

As bitcoin has changed lives of people and frost world countries are getting huge benefits from bitcoin and surely in the same way bitcoin can give boost to the economy and bitcoin is the key way to the development and progress and i am sure that btc will boost economy as well due to its high prices and people can use bitcoin for their sake to generate income.

I think it would be fun to have some kind of an idea about why people are in on the 'crypto-wave'. Let me be clear, that there is no right or wrong answers and both are good and none are 'better'..
Is it entirely because of the money that can be gained from the potential price increases, or is it because you believe in the tech? Maybe you do not believe in the BTC but other cryptos, that counts as well for 'believing in the tech'.
If you do not know whether you believe in it or not, you have not read enough about it, and then you are in because of potential gains.

I personally do not care at all about the reason, and there is not one of the two which are morally 'best'. It is completely okay to invest from the only belief and hope, that the money invested will become more worth. I just think it is fun to see

I have been through this time and time again. We go through a dip and everyone is running for the hills or selling their coins.

The trolls come out of their caves and the panic nanny behaviour kick into action, triggering a massive sell off amongst the weak hands. <Newbies & Speculators>

I woke up yesterday and I saw the price was just above $9000. My first thought was, "Damn, I need to buy quickly, before this goes up" and I did. ^smile^

Most people woke up and the first thing they did was to fire up a browser and to read the comments of these trolls and media shills and consequently selling their coins in a state of panic.

The weak hands will lose money and the strong will thrive in this game. Hodl on people! <Buy the Dip>  

Good news, hopefully this makes us optimistic about the future of bitcoin.

"You can now use Bitcoin to purchase a home in the UK after one of Northern Ireland’s largest housebuilders said it will now accept cryptocurrency.

Ballyclare-based Hagan Homes is believed to be the first firm of its kind in Northern Ireland or the Republic of Ireland to take the step."


http://metro.co.uk/2018/02/23/can-now-buy-house-britain-using-cryptocurrency-bitcoin-7336728/

Maybe I'm wrong but I have the feeling that with Bitcoin price growth we have got a lot of new users who are not honesty and passionate interested in Bitcoin but only in fast, instant profit and if they don't get it they got disappointed and give up. Some of them don't even bother to get some basic knowledge about Bitcoin and cryptocurrencies in general. That is also the reason why we see so much panic selling when the price dumps. Is that only my feeling or do you think that also?

The risk in the virtual currency market is the risk of losing some or all of its capital when the investor performs the investment or virtual currency transaction. Identify the risks before conducting a transaction, helping them to know the specific loss rate in each case of investment will be how to, minimum and maximum how to decide the scale of investment, the first time investment, time of investment completion, and other relevant factors.

Bitcoin has been announced since the day it was invented, and it will be suppressed by governments in the future and declared illegal currency. Is the basis, the further development of the currency will be in the interests of the threat to traditional monetary and ruler, not the rights to cryptography currency once governments announced that the currency is illegal, its price will produce volatile in the short term, and may even crash. At the same time, the government will force the bitcoin exchange to be shut down, so that bitcoin can only be sold in private, and its exchange capacity will be badly hit. Will the government ban bitcoin?

I want to invest a few more thousands into eos, iota, and aion for the win. Too bad it will take me a few more weeks. I am so drained lol. Anyone else thinking like this? So motivated to invest. But lacking the funds.

This is my opinion.Banks won't make you rich.saving in bank can never do that,because of interest rate that bank gives you is too tiny.You saving will be simply be eaten up by the sleepy monster called inflation. As a example I will take ,When I'm in grade school,each day I received 10Rs (my country currency) from my mother.It was enough to by me 2 meals,but in now 10Rs enough to buy 2 candies.   Banks are just for keep your money safe! 

One of the Major Reasons why some Government sees Bitcoin as a threat to their country is because people might use it as an opportunity against some other people who wanted to earn and make a living. Just recently in the Philippines a couple was arrested because of scam, they uses a pyramid scheme and baited people to invest via electronic money. It started when Bitcoin is at its hype, giving them the chance to use it as front.

For our safety and security, please read this article and be aware. https://www.rappler.com/nation/199915-filipino-couple-amasses-millions-bitcoin-scam

Hope this could help everyone and let us be cautious. Earning money is not that easy as what other think of it. It requires patience, dedication, determination and focus to reach your goal.

You should never expect to get rich through bitcoin or any emerging technology. It is always important to be alert to anything that sounds too good to be true, or is against the fundamentals of economic law.
Bitcoin is a growing area of innovation, and there are opportunities and risks. Even so far, bitcoin has been growing at breakneck speed, but no one can guarantee that it will continue to grow. Any investment in bitcoin's time and resources requires entrepreneurship. There are many ways to make money from bitcoin, such as mining, speculation or new business. All of these methods are competitive and there is no guarantee of profit. Each person should make an appropriate assessment of the costs and risks involved in any such project.