According to this youtuber Chris there was a Accumulation period in 2015-2016: https://www.youtube.com/watch?v=_I6_8nN3IX8Please note more people know about bitcoin today than compared to 2015-2016. So the question is will there be another accumulation stage soon or is it impossible to have this stage as lots of people already know about bitcoin today? Accumulation stages only happens when less people know about it? |
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- Has real world usage
- Won't be obsolete caused by bitcoin lightning network
- Has a low deflationary total/max supply
- Future Proof
- Can survive long term bear markets
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Hi is there a newbie guide on how to do this? My Posw coins are on ledger nano s. What shall I do?  |
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When you guys think that will be |
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Hi,
Understand bitcoin fees are still expensive. However if there was a mass wide segwit adoption over lets say 90% then how much roughly cheaper fees will be then? Even with mass segwit adoption will the network still be congested and will fees go back to high?
Secondly does Lightning Network requires segwit implementation first or can I make a LN transaction without segwit? Basically is LN independant from segwit?
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Is it short term or long term? Also is there anything good going for bitcoin within the next month or two or FUD/boring sideline consolidation for bitcoin? The only good I can see for bitcoin is Lightning network but even I don't know whens that coming out |
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If not what are the obstacles against it?
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I was around 35% then jumped to nearly 40%.
Whats happening in the markets?
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- Real World Usage decentralised - low market cap - has a low maximum/total supply in millions - Genuine no scams Theres over 1300 Cryptos  Out of the 1300 which ones meets the criteria? |
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Hi,
I don't know about the tax laws or bank laws in UK however instead of remaining ignorant I like to know what are the govt laws, bank laws and tax laws of bitcoin sales in UK and who do I declare it to?
I do not want to get into trouble for money laundering or tax evasion etc. so best to be safe and abide to the laws to avoid profits being confiscated you know what I mean.
Lets say for example I invested £10 into bitcoin several years and now I am a millionaire by cashing out those bitcoins to fiat money now. The £millions are on a exchange just gotta transfer the £millions to my bank account.
Just a average bank account not a private or swiss bank account or offshore bank account.
The questions are:
If an exchange is in a different country to where I don't live then am I obliged to follow that country laws. For example coinbase is USA based and I live in UK.
All accounts and data are on a online computer databases nowadays where all info can be found out with just a click of a button or computer software alerts being triggered off.
How does a USA exchange like coinbase report back accounts to UK government?
Once I transfer the £millions to my bank account from exchange then will my bank account freeze my £millions and treat me like a criminal?
I don't understand how all these bitcoin millionaires buying Lambos easily or what did they do get their profits smoothly without interruptions so they can buy those Lambos?
What are the limits etc. that you must declare in regards to bitcoin?
Thanks,
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Hi,
I don't know about the tax laws or bank laws in UK however instead of remaining ignorant I like to know what are the govt laws, bank laws and tax laws of bitcoin sales in UK and who do I declare it to?
I do not want to get into trouble for money laundering or tax evasion etc. so best to be safe and abide to the laws to avoid profits being confiscated you know what I mean.
Lets say for example I invested £10 into bitcoin several years and now I am a millionaire by cashing out those bitcoins to fiat money now. The £millions are on a exchange just gotta transfer the £millions to my bank account.
Just a average bank account not a private or swiss bank account or offshore bank account.
The questions are:
If an exchange is in a different country to where I don't live then am I obliged to follow that country laws. For example coinbase is USA based and I live in UK.
All accounts and data are on a online computer databases nowadays where all info can be found out with just a click of a button or computer software alerts being triggered off.
How does a USA exchange like coinbase report back accounts to UK government?
Once I transfer the £millions to my bank account from exchange then will my bank account freeze my £millions and treat me like a criminal?
I don't understand how all these bitcoin millionaires buying Lambos easily or what did they do get their profits smoothly without interruptions so they can buy those Lambos?
What are the limits etc. that you must declare in regards to bitcoin?
Thanks,
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Hi,
Heard there's a upcoming segwit2x hard fork. Is there any more details on this?
Also do we expect bitcoin buys to increase because buyers can get free airdrop or will this fork cause FUD?
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2017 was the year full of drama and forks for bitcoin.
I understand Lightning Network probably come out in late 2018.
Will 2018 be like 2017 for bitcoin, what can we expect?
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The reason I ask this because as we all know in the past when bitcoin goes up then Alts suffer in red loss. This is important to know especially on this sub forum for investors looking to invest in Alts.
Or will bitcoin be boring flat stable consolidation for a while or will it dip further below $9000 soon? If it dips quick then I feel Alts will dip as well.
Will we see another Alt bull run early 2018 like we did previously in spring?
Whats the market forecast analysis so far?
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- SONM
- BYTOM
- SYSCOIN
- MAIDSAFECOIN
- CIVIC
- POWER LEDGER
Which of these Alts can survive a potential long bear market?
Which ones above are pump and dump scams?
Which ones serve a real purpose?
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I want fast cheap transactions  |
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Same applies to all Alt coins.
For those who believe that they making huge profits now are foolishly mistaken that for example you bought Ether at $300 back in June you are still making a loss today even though Ether is $850 now. How?
The answer is you are making a loss in BTC value not is USD fiat paper money value.
It is how you look at it:
- If you believe in Fiat paper money then ignore this post.
- If you believe in Bitcoin and decentralisation then please consider this post.
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I thought next spring is where we see an Alts Bull run surpassing all time highs in bitcoin value Why Alts bullish now and will the bullish trend end when bitcoin climbs to $20000 again? |
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Will upgrades to Bitcoin make Alt coins useless?
Which Alt coins will still be useful after these bitcoin upgrades?
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