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Historically the top cryptocurrencys have had insane returns, so I dont think their is a problem paying taxes. Will people lie about cryptocurrency earnings? Of course, will people get caught? Yes.
Pay your taxes, money is just money.
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My Portfolio
42% ETH
24% OMG
10% DCR
10% WAX
12% DSH
1% XMR
1% Bitcoin
I think your ethereum decision is logic, but I can't understand that, why you have little bitcoin? In my opinion, you can consider on XLM, NEO and LTC also. Good luck!! I just dont really like bitcoin long term. (which is a bad thing to say on a cryptocurrency forum. I already know I will get attacked ) There are better forms of currencies imo, so I only hold 1% bitcoin really just to support it. I see that you have chosen good coins and the right investment strategy. It seems to me that this will bring you success. My similar strategy has already given me a good profit.
Thanks I appreciate it  |
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IF they did then of course the currency that they accept will moon. However you would see smaller increases in the other top coins as it will bring more awareness to cryptocurrency.
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Scammers are everywhere and that is sad to say, schemes, fraud and fakes videos are also scattered in YouTube channel, so be careful in what to believe into.
When I was student also I used to search cooking video in YouTube especially baking, then I figure out that some video are made just for fun, some are real and most of them are fabricated.
When it come to business venture or related activities like bitcoin, or any bitcoin programs you have to check their background, vision, who are the persons involved, any achievement? History background in order to be sure, before joining them....
I hate to say it but the ratio is probably 100 to 1 in the scammer's favour if you consider the malware out there. Knowledge is everything. Arm yourself by educating yourself. Lots of people are going to try and rip you off, but yes knowledge is everything. |
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Educational sites are getting better at adding all the information needed to really start, so I think the average person can now understand. The only issue, is that you need to spend a lot of time actually learning it which a lot of people wont. If you just read a crypto 101 blog, lots of people still wont understand it and think bitcoin is fake etc. The more and more cryptocurrency is utilized, the more reason elementary and middle schools and adopt classes around it.
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If you download the cryptocurrency application in my signature you will have a "all in one" hub for information. A built in chat, news section, education, and coin portfolio. You can look up any coin or stock and find specific news on it. PM me if you have questions or need help. You can also look through my threads, I have a lot of helpful educational threads.
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I wouldnt make an investment based on a "possibility" of being added. These speculations are likely just attempts at pumps. Unless your insider trading at Coinbase *cough cough , then you wont know what is getting added if anything.
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You should check out the service section, where more people that can do this for you would see.
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I made a thread that has a Medium post that goes in depth regarding anonymity : https://bitcointalk.org/index.php?topic=2674762.msg27308071#msg27308071I think it is the only way governments will allow it, without the KYC bitcoin would likely be illegal in places like the US. Bitcoin still gives users enough privacy for individual payments, and doesn't allow a centralized platform to shut their account down. |
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Hi there, I am new to this forum, so not sure if I am doing this correctly, please forgive me if I am, but I am looking into AffiliateCoin at the moment, looks promising.
Thanks
I dont like the name of the coin so I likely wont even look into it. However if you are interested in it, then make sure to do a lot of research before investing. |
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Thank you for the video and the insight there in. The effect of scam ICO can never be over emphasis, more exposure and deterant need to be established to save guard genuine ICO.
I appreciate the comment If you have any suggestions feel free to add them. |
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In my country, unfortunately, there is no such opportunity and will not be soon. I use bitcoin only as an investment.
So you buy it via fiat and then hold it? |
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I actually got a lot of good info from this thread which i was curious about, so thanks!
Thanks I appreciate it |
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OmiseGO was in my portfolio, but grew poorly compared to others and I sold it on time. Replaced by more promising young coins. For a month they have already grown well.
I think OMG is a good pick for my risk management, and I dont own my entire portfolio. Hard to really tell what will be successful in 2018, but im banking on OMG! |
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As more people are getting into the space I think it is helpful to really understand bitcoin from a basic form. Let me know what you guys think.
Anonymous bitcoin: 1: Address generation without real name certification; 2: The address can not correspond to a real identity; 3: There is no association between different accounts of the same owner, and it is not possible to know the total amount of bitcoin for a specific user. Not sure if you are trying to say bitcoin has these abilities, or in order to be "anonymous" it would need those on the list. Identity can be linked to the address, and programs have been built and are being built to track transactions based on a lot of different things. |
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Good article, especially like the first line 'The worst thing you can do is panic when the market is down' very poignant today.
There's a lot of information out there and the hardest thing as a newbie is knowing what to trust. I try to look for those that arent providing a referral link or benefit by you going investing in the coin. thats always a good start.
The market going down is really only scary if you dont know what it going on. If you buy coins without researching and evaluating you will be scared. |
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I've said on this forum many times that government crackdowns are a major threat to crypto. The massive, unwarranted rally of bitcoin did not take into account ANY possibility of gov regulation, and as a result, we see irrational bitcoin investors losing a LOT of money.
Make no mistake, there is a LOT of room left for this to keep falling.
I still think it is under evaluated, but that doesnt mean it is at a good price right now. So I do agree with you in that bitcoin can certainly fall back down. Lots of people have posted "it will never go below $10k again" which its way to bold of a statement. |
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It will be a big problem and people will be pretty pissed if they cannot withdraw. It will also have an impact on other exchanges and nobody even knows if they hold the money in reserves to pay out, They have something like 1.3 billion dollars of oustanding tokens They dont help themsleves by being pretty shady when they get asked question by the media.
They have also been fined in the past
"In June 2016 the CFTC fined Bitfinex $75,000 for offering “illegal” cryptocurrency transactions and failing to register as a futures commission merchant."
This is certainly not good news, but a lot of people have known about this for awhile. I have been sketchy of tether for a long long time, since it acts as another token and doesnt actually have USD backing. |
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