Taxes, like death, are inevitable. When they go up, people complain. Txn fees are a form of tax on BTC that goes to the miners. No-one wants to pay them but they have to.
Nice synonym! My take will be that if the transaction fees are like taxes then maybe the government can use this also as means of taxing the Cryptocurrency earnings. Not the total txn fee but a percentage shared with the miners too. |
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I don't think all are selling their bitcoins just because of the news of its price fall. Bitcoin is a means of exchange to our fiats. So, basically, when I need to sell my tokens, I get to exchange it to bitcoin and then to my fiat value. I might not necessarily be interested more in Bitcoin HODL; it is my personal conviction.
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Last few weeks I have been reading in the forum that Bitcoin is dead so is it really worthy to invest on Bitcoin
The word dead is not appropriate here, maybe the person meant that bitcoin is dying. The Cryptocurrency market is generally undergoing a correction and price regulation/stability. When this is achieved, the prices of the tokens can then have a proper rise when necessary. So, you can still buy into the Bitcoin when it dips relatively more and then HODL till the rising times. |
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A good idea development and like the initiative of updating the populace as regards project per time. And also the issuance of airdrops circulation.
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I already bought a particular coin down for the future and also dedicated it to our first child's gift. As much as possible, I try not to sell off most of the acquired tokens so I can have some for the records too.
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Yes, there is the possibility of the bitcoin having an upsurge growth just like last year. I did spoke with a friend earlier last week and glad to hear that the downward trend experienced is a normal cycle which will soon rise again; so, let's be on the watch.
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What is a good amount of Bitcoin to buy for first time buyers new to the crypto market? What kind of return can you expect to see within a week?
The goodness of buying the bitcoins has various benefits. I did like to emphasis that of you buying an investment for the future which will definitely get you some profits later in the future. |
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Not really late as that because we are still in the early adopters' phase. From the trend currently observed, bitcoin price value has been moving back and forth; so, the best bet is to buy low and then be pretty ready to sell high too. So, you can get in and do this type of trading or buy now and wait till it really appreciates later in the year!
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When we will use cryptocurrencies ofr our everyday life?
Getting use of Cryptocurrencies involved in our daily lifestyle is getting it in the adaptation stage. We are fast approaching this stage now though; that's the near future like the age of robots and artificial intelligence and all the likes. |
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Like a quote I do like: "some people are so poor, that all they have is money"!
Being wealthy is a lifestyle and it is an attitude. Being rich is just a status which can be changed anytime. I do like being wealthy compared to being rich.
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How do you guys think? Do we need regulations in the crypto world? Should only ICO be regulated or legit coins (not "security tokens") too? Can we implement regulations mechanisms in code so that corrupted governmental institutions couldn't manipulate the industry? Can we still have free market with governments' regulations across the world?
Please, share your thoughts. I'm a bit confused about what's happening right now.
I strongly think a regulation should be put in place in the world of Cryptocurrency especially for the ICOs! Not all and sundry; not every Tom, Dick and Harry should be allowed to come into doing ICOs. I feel there must go through a process where they are being scrutinized adequately. So, we can have few ICOs now and then. |
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Since I joined the crypto market. My gain is zero. I only have experiences and lessons. Does that have been called successful?   The knowledge gained knows no bound. After 3months, I have been able to get 5$ credited to my ethereum wallet via a campaign I registered for. I also have a token from an airdrop. Though the markets are down, I will still keep my head up till it appreciates. |
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Everyone has his/her profit points and research sources guiding their decision making process in Cryptocurrency. If hodling has been the main purpose, I believe they are entitled to it but if just being overly greedy, there are shocking points around the corner to always put the persons in checks and balancing.
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I do agree with the fact that profit making is the core reason why most people have invested in Bitcoin. Quite a few are in it just for the technology excitement. I for one, as much as I believe in the new Cryptocurrency/blockchain technology, I am in for the money making more.
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i just thinking what if those bounty manager of signature campaign gives merit to their participants, it will help each other the bounty will be advertise and the participants can have merit that requires to rank up, its a little bit harder to being ranked up.
Where will the bounty managers get enough merits to give his/her bounty participants? I belief the merit system has been put to place more to check unnecessary abuse of this forum and also ensuring that people not just post for posting sake but post something worthy of reading, note and really contributive. |
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With the price starting to creep up again do you think it's a good time to start selling some of my investments or do you think it's worth holding on for a while longer?
We all know how temperamental the market can be but do you think this is just a short term spike?
From observations made from the market in the first 2months, I can see that Bitcoin has been rising and falling. The highest made is within the range of 11,000-12,000$. Instead of just hodling, I would rather be trading it in this instance; buy when it dips and sell when it rises. |
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The question is same with how long will Cryptocurrency last on the blockchain. Well, as long as Cryptocurrency still exits, bitcoin too stays. It has set an indelible mark on Cryptocurrency itself and has come to stay.
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Oh really?! Now that focus has been divided and diluted with more focus on bitcoin segwits, the need for salvaging the Bitcoin has arisen. As much as adoption process has begun, the process is also being frustrated by different happenings to the bitcoin growth. The help for bitcoin can better be released from the developers with every help of empowering it again.
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For every beginner that wants to have some bitcoin, I will suggest you do some real job of the bounties and get paid in their tokens which you can sell to get bitcoins. Except you have some money to throw around, then, you can go ahead and buy bitcoins now.
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The major issue of Cryptocurrency with the government is the decentralization, anonymity and inability to have the earnings made from bitcoin taxed. Until all these and much more are being attended to, there will always be issues between the government and Cryptocurrency.
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