Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.
i think exchanges are just third parties that usually has low resources due to competitions in the market, its just that hackers are too smart no to spare exchanges such as binance, we cannot stop them, if they want to hack someone they will hack them eventually even the most secured sites are not safe to these hackers, i think the best thing to do is find some exchanges that not yet eyed by hackers that is why it is important to never put your coins in one place, use multiple exchanges. |
|
|
|
Today I was on a conference in Vilnius and went on a lecture about cryptocurrencies. I would like to share some aspects which I did't see so clear before. As we know, among those states which want to regulate cryptos, there are those which consider them as property and others as means of payment. The first approach is usually seen when there are tax companies around, because money is not taxed, but possession is. So when a state days they consider cryptos as property, it means they are getting taxed, while this is not the case with means of payment.
What do you think of this?
actually it is bitcoin spent that are being taxed and considered taxable, but possessing bitcoin is otherwise, i think that is simply what they are trying to say, it is like having money in your wallet, every penny gained from service is taxed and shouldered by the people who paid you, same as salary though, salaries and wages are subject for tax depending on the country you belong, but possessing money that was passed on to you virtually is a different thing since there are no existing law that deals with virtual currencies yet. |
|
|
|
|
actually, because dollar is the universal currency on which other currency, including cryptocurrencies' price is based upon, there is no point in choosing, but bitcoin being volatile, makes it more advantageous than dollar, dollar has many counterparts every country has, but the financial market of dollars are being bombarded by different currency of other nation, while bitcoin has a bigger price gap in the field of cryptocurrencies, there makes the latter more profitable than dollar. it is the price exchange between bitcoin and other cyptocurrencies and fiats that matters. so i go with bitcoin.
|
|
|
|
|
sarcasm in whole way, some read only the first part, the op here is indirectly opening our eyes on how to avoid scams by identifying some promising acts done by scammers, but sometimes sarcasms are confusing to narrow-minded people and the not so deep thinkers, well for the sake of the general users, you can reboot your pointers to be a direct hit against scammers unless you are avoiding same topic that already discussed this. nonetheless this serves as a reminder to help people to identify some what scammers do just to attract investors.
|
|
|
|
We, as physically and intellectually healthy individuals, strive and survive to achieve our dreams, establish our roles in the society and fulfill our needs and wants. But in order to do this, we are also required to be financially healthy. The lingering fact is that money is not achievable as a single candy you can buy in the store. Sometimes, people risk their lives and reputation just to get a handful. Bitcoins are not officially a currency that you can just see in a certain country, that are being utilized and used. So, is dealing with bitcoins and other things related to it also puts us in a risky gamble?
why would you put yourself at risk by putting your money to bitcoin if your country prohibits it, of course you can jump into bitcoin if your country supports it or not tagging it as illegal, investing is risk taking, almost all kinds of investments are risky in nature, it is a gamble, what matters is you are seeing even the slightest chance and the system is working at least in your country. |
|
|
|
|
because bitcoin runs on blockchain technology, there is no precise measurement to predict or outline the behavioral pattern of cryptocurrencies especially these days, the ever growing market, the sudden rush of investors and other internet based evolutions affects the price, bitcoin plays a major role because it is the pioneer of all its peers, the bitcoin price is really the best and reliable gauge when you are talking about altcoins, we all know that altcoins are trying to surpass its predecessors, but since volatility matters, no other crypto can outrun bitcoin.
|
|
|
|
|
restricting bitcoin seems to be impossible to this date, it is expanding and growing in numbers of traders and users, if america restricts the use of bitcoin is a bit too late and difficult at the same time, more countries are opening up for bitcoin and blockchain technology and i dont see any reason why a country such as america would restrict it, maybe other communist country can but not america, if america restricts it, it can surely affect the current status on the market, less demands means less expensive, surely it will affect the price.
|
|
|
|
|
even if there will come a time that smartphones manufacturers offers phones that mines bitcoin, we could hardly imagine how much it could cost, like with desktop computers, the cost is pretty much expensive putting up a mining, not to mention hardwares and tools to be used by smartphones, i think it will not be possible, there are lots of apps today that says it can mine bitcoins but all turns out to be bogus, maybe smartphone can mine bitcoins but it will take a long time to mine how much desktop computers can. it is not just going to happen, at least in a couple of decade maybe.
|
|
|
|
Of course,it is best to keep in your personal account in your wallet than on the exchange,as the exchange can close at any time and you will lose all your coins,so it is definitely best to keep the coins in your wallet,and on the exchange to display those tokens that you are going to trade
agree, it is like banks that uses your funds and when they screwed up, thats it, goodbye money, it is still best to have your wallet, you can have the power over your own funds, and play it by placing it to trading, tokens are somehow unstable, it depends on the trading sites if they can accept such token, even the stable tokens are not safe in exchange sites, one minute they are accepting you tokens and one minute, your tokens are worthless, better place it to more safer storage, that is your own wallet. just add more security features on your wallet like 2fa and unusual password. |
|
|
|
|
bitcoin is the heart of cyptocurrencies because it is the pioneer in the market, it is the most tangible and stable coins that could by far be the gauge of other coins and altcoins too, just like dollar that is the universal currency, bitcoin represents cryptos and therefore the price of bitcoins really dictates the market price of other cryptos such as altcoins.
|
|
|
|
Good day. Its really hard to find a good bounty these days. Despite joining on a good bounty manager or a good bounty company the rewards was so small at the end of the campaign due to the many numbers of participants. You should look up on bounties which have limit on members and have a good project and pray they'll pay. If you can do multiple bounties at a time that will give you more chances to earn big. Bounty is time consuming so requires patience but once you were lucky its all worth your time.
yes, you are right, even the best campaign manager has no control over the bounty, most of the time, bounties are being stopped after a week long run, but the thing is, it is rest assuring you are 80% sure to get paid by good managers, just look for trusted managers and have a decent reputation for handling bounties and we can relax a little bit. good luck guys. |
|
|
|
|
it really depends on how many campaigns i have joined, a signature campaing and maybe 3 social media campaigns like twitter, facebook and telegram, an average of .2 to .3 btc per month, and i must say, it is a pretty much good way to earn a living in btc, but unfortunately, there are fewer signature campaigns that are offering these past few weeks, and the rates dropped but still quite acceptable to earn more than my current dayjob.
|
|
|
|
|
Btctalk name : gambitcoin53
Rank : member
Current post count 568
BTC address : 36Xpjv1AUzR8ZrxvHoEUaCMoF9DbtDribZ
Wear appropriate signature : yes
Wear avatar : n/a
|
|
|
|
Hi,
Let's suppose that Bitcoin became adopted everywhere such as paying bills with Bitcoin,getting salary with Bitcoin,shopping,restaurant etc...
How your country gonna survive if you only use Bitcoin in a daily basis? I mean a country cannot survive if individuals doesn't pay taxes,well with Bitcoin you don't pay any tax right?
How this gonna be possible? Please shed for me some light on this.
Thanks
it cannot be, the price is highly volatile and unstable, imagine getting your salary for fix rate then suddenly the price of bitcoin fluctuates on a higher or lower value, it will be a big problem for the company, if govt cannot collect taxes anymore, the govt may collapse due to their expenditures that depends on consumer's taxes. may be this is way too far to become a reality. |
|
|
|
|
let us pause on speculating and guessing how much bitcoin will fall, it is a natural thing, it falls and it rise on a crazy pattern, what we will say today will be different tomorrow, in bitcoin, the price is uncertain and unstable because of the volatility of bitcoin price, what we should do is to seize the moment when it is low, and try to buy as much as you can, then sell when the price goes up, but this act is contributing to the volatility of the price, if only all traders will trade in longer term then the market could somehow gain more momentum.
|
|
|
|
When we say economy there is a producer who produced the goods or stuff and consumer that consumed it. In bitcoin it could not be called as an economy because we only consumed no one could produced. There is only an exchange of rate, selling and buying. We can used bitcoin in reloading, paying our bills and other.
really? and what can you say about mining? well, it is true that bitcoin is not yet considered as the new economic vehicle that will soon be commercialized, not yet, but there will come a time that this dilemma will come to reality, from the year bitcoin has started up to present, we can see that it came a long way in regards to being just a digital currency, and the struggles from being banned versus being adapted is exponentially being diversified and developed. and the future is clear that bitcoin will continue to improve and adapted to major financial transactions. |
|
|
|
|
c'mon people, we all know that bitcoin is a continuing process, the op is like he just jumped in a while ago, everybody knows that bitcoin is swarmed with speculators who panic sells everytime they see the market price fall, those people creates a wave that we thought as whales, they create trends, that resulted the downfall of the price, as for being banned in some countries, bitcoin started in the digital world, but now many countries are adapting the technology, and continues to grow in numbers, more and more countries are expected to trade bitcoin and accept it as a purchasing medium like fiats, as for transaction speed, bitcoin is has the fastest transaction, imagine how slower other coins are when you are trading them.
|
|
|
|
As we all know, stock market had been there for a very long time now and on the other hand, cryptocurrency is a fast rising trend when it comes to the world of trade and commerce. Some may prefer to invest in crypto because of high returns but some will still go with stock market and play it safe.
In your opinion, what will be the best option to invest your money on?
it you have the money and time, why don't you try both, it is recommended that we should diversify our investments portfolios, we should not put our money in one basket they say, if you want a steady and slowly investment, try stockmarket or fiat currency like dollar investments, but if you are equipped to manage higher risk or high volatility invesmtent, then crypto trading is the main thing. |
|
|
|
Hello, community. Political, economic and social news in the media significantly affect the life and behavior of the crowd. How can crypto news affect the movement of the market?
media has a big effect on the consumers or viewers of a certain product, in bitcoin's case, it does have a great impact, positive or negative news, the results is the same, it can create major movement on the current market price, now, if many short term investors will act at the same time and will panic sell, we can see drastic fall on the price, since bitcoin is digital, the volatility is dependent on the users or holders. |
|
|
|
|
Show Posts
