Guys, how do you think, is a ready-made product important for ICO project? In my opinion, it is, because it can show investors that the team is ready to bring huge results and has future plans. As an example - KickCity, event platform where each user is rewarded for event promotion. You can try it today. More information you can find here https://medium.com/@kickcity_io/kickcity-public-beta-5aa66fafc5c7An ICO must be developed from the earliest conditions, I think it is very difficult to get an ICO that has good prospects. A product offered on ICO is very important because it can make a person's perspective change, if the offered product is attractive and the presented whitepaper has clarity so everyone will not hesitate to invest in an ICO project. but let's see if the project does not offer anything interesting in their product then certainly they lose a lot of investors and the loss will be the end result. So the product becomes a thing that should be designed very well, the project should be able to give confidence that the project will experience success. Many ICOs do not have a ready-made project. They only have an idea. It seems to me that this is the main problem. On paper, you can draw anything you want. Even space ships on photonic engines. But without a working model, it will be just words and it will be difficult to attract funding. |
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Traders have concerns. They will indeed find it difficult to legalize their earnings from speculative cryptocurrency transactions. But this is only part of the owners of cryptocurrencies. The rest of the users will store their coins and wait until they can be used to purchase goods without having to exchange for Fiat. I'm sure it'll be soon.
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The Supreme Court of Russia has taken upon itself the responsibility to decide a case that may become a precedent for the crypto sector. The highest judicial authority in the country has accepted an appeal against the blocking of a popular Russian analytical portal – Bitcoininfo.ru. Its decision will affect dozens of crypto websites with restricted access, including foreign platforms like Localbitcoins.com. https://news.bitcoin.com/russian-supreme-court-to-decide-the-fate-of-bitcoin-sites/It is never clear what Russian government actually wants with the cryptocurrency . Every time a different aspect and news makes the headline regarding the legality of bitcoin in Russia . Sometimes it is in favor of crypto and sometimes not . They must come up with a final decision with it instead of postponing it every time . This is definitely going to affect the market at certain level since Russia is also pretty much involved in the crypto world . The Biasedness cannot be ignored in the case of supreme court as well as they also have little knowledge about the crypto currency. If you are from Russia, you have long had to understand that Putin legalization of bitcoin will not. Soon you will have the opportunity to choose a new President in the elections. But I think you can't change the situation and you'll vote for it. People are passive. They are waiting for them to bring and give good. But this does not happen. Bitcoin is freedom and you need to be able to fight for it. |
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The cryptocurrency market is now in a state of initial development. This means that the next 5 years will be profitable to buy bitcoin. Even if the price is 50,000 dollars it will be profitable. I believe that bitcoin will be a very expensive asset, but you need to remain calm and not to sell coins now. Few people who had bitcoins in 2011 earned a lot of money on their coins. This happened because they didn't believe in the future of bitcoin. Each user must determine for themselves whether he believes in bitcoin or not.
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What degree of detail do I have to keep in order to properly declare my taxes regarding cryptocurrencies? Every operation, investment or ICO has to be recorded? I also have done a bit of mining and I have no idea on taxes regarding that.
Without opening a legal entity, you cannot prove your costs of acquiring mining equipment. This means that all amounts obtained from the sale of coins will be treated to your income and your duty is to pay their taxes. Such legislation is in my country. Perhaps in another country otherwise. But I think the rules are about the same everywhere. |
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It's legal. But after you exchange your bitcoins for Fiat you will have to pay taxes. You may need to confirm the origin of the capital for which you bought the coins. Why do you need it? To buy coins. I think your friend made that money illegally. I don't see any other reason to give you that money.
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If you realize the amount of money actually in the crypto space you can see why it's very easy for a few people to become millionaires. if you're early enough into something and it takes off and you've got the right amount, you're set for life.
Today's market cap is $445,127,526,645..... 1m is not very much... now is it?
But you're right. This is a game that can easily make someone a millionaire.
Take a look at XP coin, it was trading at 0.002 doge in midish 2017, and then it boomed to 20 sats. Any person who bought some of this when it was 0.002 doge made A LOT of money. This is this one example!
This is the wrong example. In order for a coin to have a price, someone has to fill it with money. Those who sold coins expensive made a lot of money. But this income them gave those who lost money on this coin. This is a very dangerous game. Only the smartest and the luckiest win. |
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I would not recommend you to pay attention to the GPU with 4 GB of memory. In 2019, they will be unsuitable for the production of the most popular altcoin Ethereum. This will significantly reduce the demand for these GPU and the price of them will fall. Why you need it. All the other GPU you can buy. But it is better to choose a coin before buying. This is important because the GPU has its own different characteristics and different profit on each coin.
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Hello,
I need help in finding miners. Where do i find the software the allows me to mine a certain altcoin wich can be mined?A safe site not a link posted with someone RAT or anything like that
Thank you
In order to get help in full, you must specifically ask questions. Do you have any GPU? What kind of coin you want to mine. The answers to these questions much depends. If you have no experience then I recommend you to visit the Nice Hash page. This is a very handy pool for beginners. After installing their software, mining will start automatically. But you'll have other questions. |
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The state economy cannot be confined to the domestic consumer. Any businessman knows that the limited market of sale of production quickly becomes saturated. This will inevitably lead to a drop in demand. Many countries tried to lobby the interests of domestic producers. Organized the whole company on the campaign to buy the products of domestic producers. Give me one successful example. Anyone wants to buy a product of the best quality. He is not interested in the country of manufacture.
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There is no such criterion. You can invest in any number of coins. The most important thing is that they bring you income. The number of coins in which you have to invest money is limited only by the amount of money you have. Also you have to have available such quantity of coins that the income from them made sense. For example, if you invest in 1 Satoshi it will not give you the result even if the price increases in x 100.
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In what are you guys actually storing and investing your money? in FIAT? Crypto? Stocks?
And how much? im thinking about moving more money into stocks so...
Best real estates, if you dont have that much time and asset then Silver and Gold. Oh I meant beside crypto. Not just beside Bitcoin. The property requires a lot of maintenance costs. At the same time, the profitability of renting out real estate is lower than from investments in cryptocurrency. The world economy is developing very slowly. I think we're in for another crisis. At such moments, the price of real estate falls. It seems to me that now we need to sell real estate. Then it will be too late. |
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Price is holding well above $11k for last few days so we can hope for some good uptrend or atleast resistance break over $12k soon. But if it will be failed again than we are likely to head down to previous support level at $10k or even $9k.
There will be no failure. The price will only rise. Users keep their coins and will not sell even at a price of $ 12,000. All who succumbed to panic have long sold their coins. I am sure that the price of bitcoin will return to $ 20,000. Only after reaching this limit will it be possible to talk about some trends. |
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For such ads on the forum there is a section of the market. But I think that this is not the best platform for such transactions. There are specialized sites for this. Such as Amazon. But there you will be responsible for the goods sold. Perhaps you are an unreliable seller and want to hide your identity behind a pseudonym? I don't mean to offend you, but I see it that way.
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Reason I said paypal is because you can pay for purchases like that.
I want to avoid bankaccount transfers as our government want 33% of the profit we make...
33% is a lot. But it is your fee for voting in elections. Such laws are passed by politicians who come to power by your vote. PayPal won't help you. You have a chance to change that in the election. Vote for yourself and agitate for those who promise you to make changes to the tax legislation. Politicians like to please people. Probably, the attitude towards bitcoin will be a trend among politicians in many countries. |
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No its not possible, because buy and sell bitcoin , its is hide exchange, the goverment cant control, active delinquency will develop!!!!
How does the government control the flow of cash? Criminals use cash more often. Are you suggesting we ban cash? Lol. You repeat a fake that is distributed by governments and bankers. I do not believe that bitcoin will be an international currency. That isn't possible. Bitcoin can only be a national currency that will exist in parallel with Fiat. |
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Depend on government policy.
If they legalize bitcoin, of course I will pay the tax or I'm against the law except my government doesn't want their people to pay the tax.
Beside when government legalize bitcoin, bitcoin value will increase because the demand getting increase !
I don't agree with you. The legalization of bitcoin can not increase the demand for it. What will change? Your income will be reduced by the amount of tax. What other changes do you expect. Trading for bitcoin will continue to be banned. According to the laws of any state, only the national currency is used within its borders. Banks will not exchange bitcoin due to high risks. |
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Government of Marshall island is now gearing up for crypto currency as its legal tender. Currently using US Dollar as its main currency , it will be shifting to use cryptos and later this year will have an ICO for its national currency.
Despite of the fact that they are a pretty small country it will be interesting to see how their economy will work on a cryptocurrency. As the crypto will be of the government. I think there might not be that kind of a anonymity in it but there still will be huge price increases in the country moreover it will be interesting to see how they regulate the money supply in their country. I can confidently say that this idea is doomed to failure. It is impossible to create an unregulated economy in the country. If the cryptocurrency of this state is monopolistically created by the government, it will be an electronic Fiat. The main difference between cryptocurrencies and Fiat is decentralization. |
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Per my understanding, current cryptocurrencies are not suitable for payment since their value is not stable. So they are more like a cryptoasset.
Will anybody use bitcoin to pay for a coffee now?
USDT is a solution since it provide a stable value, but it is actually not a decentralized currency.
Is there any solution to have a decentralized solution and at the same time with a stable value?
I think there is a big opportunity to make a cryptocurrency that has a stable value and could be used for payment.
What is your understanding of a stable currency? Why do you think that bitcoin is not a stable currency? Maybe this is because we have to determine its price against the dollar? After bitcoin will be used to buy goods in the store, the price of coins will become more stable. Now the speculators have endless possibilities because all exchange cryptocurrency for Fiat. |
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As quite a few of you gamble in cryptos casinos from countries where gambling is forbidden, I was wondering if you use TOR to hide your identity. Or if you use it as well, even if you don’t gamble, to avoid your movements being traced when operating with btc and other cryptocurrencies.
Well tor uses for the dark use of bitcoin , tor is the deep web or the passage through it , this tor used by many criminals , terrorist and different hackers worldwide. Don't you ever try to enter this tor though because of one wrong click you can tracked by the CIA , so be careful , try to learn it before you access it. Tor browser helps to maintain anonymity only the robots and hackers are Amateurs. For professionals to determine your location is not a problem. For this reason I do not recommend to use tor browser for criminal purposes. I'm against any kind of crime. Now enough ways for earning an honest living. |
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