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181  Bitcoin / Press / Re: [2017-11-23] Confido disappears after attracting $374,477 via ICO on: November 23, 2017, 06:51:42 PM
This fraud in the ICO demonstrates once again that all ICOs must be regulated and the relevant authorities must identify individuals who are about to start releasing their tokens. Decentralization is good, however, it seems to me, not in this case. Otherwise, scammers will greatly undermine confidence in the crypto currency, and investors will refuse to invest in ICO, the process of improving the crypto currency and its introduction into our life will stop.
182  Bitcoin / Press / Re: [2017-11-23] Abramovich among billionaires set to invest in cryptocurrency on: November 23, 2017, 06:32:53 PM
Despite the fact that in July of next year in Russia they plan to legalize and regulate the production of crypto currency and conduct ICO, Russian billionaires invest in crypto-currency in their own country, but in Europe. On the one hand, billionaires are confident that the currency will bring profit to them, and thus, the Crypto currency has a good prospect for development, and on the other - they are not sure that the crypto currency will develop in their own country.
183  Bitcoin / Bitcoin Discussion / Re: Bitcoin anonymity broken. You have to pay tax on: November 23, 2017, 06:13:47 PM
I think that no one imagined that bitkoyn would never be taxed. Everyone must pay tax on profits from their activities. If we hide behind anonymity and evade paying taxes, the state will simply be forced to prohibit bitokoyn. Therefore, if we want the state to be loyal to bitkoyu, we must pay a tax so that the state functions and bitokoyn functions. In addition, if the tax is exchanged automatically for the usual money without the identification of identification data, then anonymity will be respected.
184  Bitcoin / Bitcoin Discussion / Re: 88% of Japanese have heard of bitcoin -- how about your country? -- on: November 21, 2017, 05:21:13 AM
I think such a large percentage of awareness of the crypto currency is inherent only in Japan. In other countries, such awareness is very low. In Russia and China, about 80 percent of the population did not hear about the crypto currency at all.
185  Bitcoin / Bitcoin Discussion / Re: When will supply of fiat-currency/credits in the world stop being pumped? on: November 21, 2017, 05:15:59 AM
Banks will not voluntarily stop or reduce the number and volume of lending. This is one of the significant sources of their income and it is for this purpose that they are created. The loan in the ordinary money supply will decrease as people less and less will apply to them for loans using the facilities of the crypto currency. As elsewhere in the market, the supply-demand ratio will play here. The decrease in loans issued by banks will occur gradually, since people will still need loans in ordinary money for a considerable time.
186  Bitcoin / Bitcoin Discussion / Re: Super Bitcoin Fork on: November 19, 2017, 07:50:28 PM
In other topics on the forum it appears that on November 25 we are waiting for another fork of bitcoin. This time there will be his next free clone bitcoin diamond. It will have increased confidentiality, a fast transaction time and lower transaction fees. In principle, these improvements are not much different from the on-line bitcoin that appeared on August 1 in cash.
187  Bitcoin / Press / Re: [2017-11-18] Astrologist Predicts What Will Happen to Bitcoin Price in 2018–2020 on: November 19, 2017, 07:40:45 PM
The astrological forecast for bitcoin is not bad. First, the uncontrolled growth of bitcoin, then the desire of different states to limit its influence on the financial and economic systems, and in fact after failed attempts to do so, the legalization and regulation of bitcoins with introduced taxation, and new technological solutions in late 2019. So bitcoin in general expects a good future.
188  Alternate cryptocurrencies / Altcoin Discussion / Re: Should I sell BTG ? on: November 17, 2017, 07:49:24 PM
To sell or hold bitcoin gold, it seems to me that everything depends on the concrete situation that is constantly changing. When the initial bitcoin fell sharply in price, there was a good opportunity to invest in it by selling bitcoin gold. Now, when he rose already for more than 8,000 dollars, I would not do it anymore. In principle, in this short time bitcoin gold has not yet shown itself and it is necessary to look at it. He has some advantages that are not in the original bitcoin. I would still advise him to hold, if there is such an opportunity.
189  Bitcoin / Bitcoin Discussion / Re: Nearly a third of people think bitcoin will collapse in the next six months on: November 17, 2017, 07:36:46 PM
Such interviews of people on the street are important. They show a real picture of the knowledge of ordinary people about the crypto currency and its relation to it. Of course, to their judgment that the crypto currency will collapse in the next six months should be treated skeptically. This only shows that ordinary citizens do not understand the nature of the crypto currency, because it is completely different from the currency and the money that they know. It will just take a long time before the citizens' opinions about the Crypto currency will change.
190  Bitcoin / Bitcoin Discussion / Re: Why is there such demand for Bitcoin? on: November 16, 2017, 06:01:20 AM
Demand for bitcoin in the past year has increased enormously because people investing in it are hoping to receive excess profits again, due to the growing demand for it. It turns out an interesting situation: the demand for bitcoin is growing due to the increase in the price for it, and the price is increasing with the increase in demand for ditkoin. It turns out something like pumping a bubble. But this situation can not
191  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin Silver Fork - December on: November 16, 2017, 05:43:17 AM
Let the experiment. All the same, we can not do anything, but only while watching the process of periodic bifurcation of bitcoins. The market will put everything in its place. If bitcoin silver turns out to be without serious good improvements, it will be forgotten. However, only through various experiments can we get a normally working crypto currency.
192  Bitcoin / Bitcoin Discussion / Re: Time to quit now, network getting worst on: November 15, 2017, 05:29:37 AM
This situation just reveals the long-overdue problems with bitcoin. Low transaction bandwidth and their high cost, because of which bitcoin is constantly criticized. If its developers do not correct these shortcomings, then bitcoin risks losing its place as the leader of the crypto currency. Already, his clone bitkoin cash began to claim him, which is deprived of these shortcomings. Therefore, the original bitcoin fell in price, and bitcoin cash for some time rose to its historic maximum of 2500 dollars. The real battle between them is yet to come.
193  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a mode of payment on: November 15, 2017, 05:19:15 AM
Recently, bitcoin has more and more problems with the passage of transactions due to poor bandwidth, which arose because in its code there is a limit of seven transactions per second. Therefore, as a means of payment, it is used less and less. This shortage is devoid of bitcoin cash, which was one of the reasons for its astounding price increase recently. I think that the battle between bitcoin and this clone for the championship is just beginning.
194  Bitcoin / Bitcoin Discussion / Re: Bitcoin being taxed? on: November 13, 2017, 02:55:40 AM
Your Bitcoin is taxed when you convert Fiat to Bitcoin or Bitcoin to fiat. You aswell pay indirect taxes through Centralized exchanges and other related services.


So no need for governments to demand for extra taxation unless they want people to be pissed and avoid taxes entirely, which is possible with Bitcoin.
These indirect taxes on the exchangers go into the hands of the owners of these exchangers, and the state is interested in collecting direct taxes on profits from operations with the crypto currency. There is nothing new in this. Any activity that generates profit is usually taxed by the state. So far, only the only country - Ukraine has registered a bill on exemption from payment of taxes for activities related to the crypto currency.
195  Economy / Speculation / Re: Why do we keep converting bitcoin back to dollars ? on: November 13, 2017, 02:39:10 AM
People really have to convert some of their savings in bitcoin back into dollars, because DIRECT payment in bitcoins in some situations is unprofitable because of the long time of the transaction, and partly because of the fact that you can buy directly the goods or services for bitcoin rare cases. Therefore, we must first again bitcoin translate into dollars, and then make the necessary payments.
196  Bitcoin / Bitcoin Discussion / Re: Google results show more people searching for Bitcoin than gold on: November 11, 2017, 09:26:50 AM
Recently, the price of an ounce of gold has fallen slightly. At the same time, demand for bitcoin is growing. This is because gold does not provide the kind of profit that investment in bitcoin gives. Therefore, people prefer to invest in bitcoin instead of the traditional investment in gold. However, gold has always and will have a certain demand, since bitcoin and gold are different in nature and have slightly different functions.
197  Bitcoin / Bitcoin Discussion / Re: If people stop buying bitcoin on: November 11, 2017, 09:05:47 AM
Crypto currency does not have any way of providing, like ordinary money. Its value lies only in the demand for it. Therefore, if all people refuse to buy bitcoin, it will depreciate to zero and will not be needed by anyone. However, this scenario is almost impossible.
198  Bitcoin / Press / Re: [2017-11-08] RUSSIA STARTS BLOCKING CRYPTOCURRENCY-FOCUSED SITES on: November 09, 2017, 03:14:45 AM
Russian officials of different ranks, including the president of the country, spoke for a long time about the need to support the crypto currency, met with Buterin, and made plans to switch the government to blockchein, which should improve its effectiveness. And what do we see in practice? Prohibition of sites related to crypto currency? And participation in this forum for the Russians will be banned. I do not understand these contradictory words and actions of the Russian authorities. If, of course, more information about the marketing of 13 sites in Russia is reliable information.
199  Bitcoin / Bitcoin Discussion / Re: Is Buying and Holding the only way? on: November 09, 2017, 02:57:45 AM
If you buy bitcoin, then he will, without any effort on your part, bring a good profit after a certain time. However, if you also want to earn money yourself, you can join the signature campaigns at this forum and earn tokens, which can either be transferred to bitcoin, or wait until the price of the token rises to the size you are interested in. However, with tokens it is necessary to be cautious. It is necessary to know well the project at which the token was issued and to be sure that this project will be in demand.
200  Bitcoin / Bitcoin Discussion / Re: Tim Draper On BTC 'In 5 Years If You Use Fiat Currency, They Will Laugh At You on: November 07, 2017, 05:53:09 PM
I do not think that the situation will change so much in five years in the field of using crypto currency that they will laugh at those who will use fiat. Crypto currency, especially bitcoin will become much more popular. By this time, infrastructure should already be well developed, enabling direct payment for goods and services by bitcoin and other crypto currency. However, in five years, the usual currency will still be actively accepted in financial calculations for various purchases or when executing contracts.
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