as expected, south korea nailed it, taxing bitcoin means more curious investors are eyeing this cryptocurrency thing, once bitcoin comes down to the mainstream, more and more investors will have balls to invest more because having it taxed means it is becoming legal, of course bitcoin is legal though , meaning, more exposed and blunt. by the way, we need someone to regulate bitcoin for us not come to a bubble if the price is uncontrollably high.
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my fear as a bitcoiner is everyone's nightmare, when internet is not available because of natural disaster or the server of my btc wallet was bugged down due to congestion. loss my password and hacked by some incompetent hacker, we dont want to wake one day and see our wallet with a big ZERO balance, right?
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i think, yes they can, with the use of international laws regarding forex, tax and any laws stated in each country, they can unite to form a law to halt mining by tax laws, with mobilized advertisement or blockout news regarding bitcoin and mis interpret it as illegal, they can, but let's us not give them the idea, let us enjoy bitcoin while we can.
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if miners will stop mining, there would be huge demand in bitcoin, because the btc that are circulating will not circulate because of the system of trading is trying to hoard bitcoin to sell it in the future where bitcoin price is high. like what is happening in fiat currency, where the governments are not producing new money by printing, based on their reserves, resulting huge exchange in dollars to other currency, same goes to bitcoin when no one is mining, there would be huge demand, and huge demand means huge profit.
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from what i understand is that bitcoin has nobody behind its system, meaning the people who are investing in this system are the owner, peer to peer, no single person are running this business, it is difficult to manipulate, not unless you own the majority of shares, calling it a PONZI scheme is not the right term, people are getting huge returns based on their investments. nobody gave it to them but themselves.
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it is such a wonderful dream, hoping this will come to reality, in the distant future, everything is possible with bitcoin, seeing this in reality is way too crazy, .01 btc to 1 million? wow, maybe what you are trying to say is, invest .01 btc in the next 5 to 10 years, that maybe is acceptable.
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RESERVED if this is still open for member, a reply would be appreciated
Bitcointalk Username: gambitcoin53 Rank: Member Post count: 111 Link to profile: https://bitcointalk.org/index.php?action=profileBTC Address: 36Xpjv1AUzR8ZrxvHoEUaCMoF9DbtDribZ DEPOTWALLET/Nanowallet address: will add later Wear appropriate signature: yes
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RESERVED if this is still open for member, a reply would be appreciated
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The idea was great, if you have many property to sell, but risking your whole property especially if that is youronly property, is way too crazy, as what the experts say, sell only spare assets not the whole assets. And you have to consider the exchange rate that is not fixed.
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**Successfully joined SalPay Signature Campaign**
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is there a spot for member? i would like to appl, thanks for the reply.
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please accept my application, hoping to finally join your team, Sir Yahoo
Btctalk name : gambitcoin53 Rank : member Current post count: 101 BTC Address : 36Xpjv1AUzR8ZrxvHoEUaCMoF9DbtDribZ Wear appropriate signature : yes
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maybe buying stuff and paying it with bitcoin directly will cause some problem, if you are planning to use you bitcoin in buying online or on a physical store or merchants, better convert it to a much acceptable and already circulating currency, you can always convert, every time you are planning to go shopping, but for now, bitcoin stays on your online wallet and convert it first before purchasing stuff.
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this is a new milestone, i think the trend of bitcoin is unstoppable, everything is possible in terms of price hike, as the year ends, the trend is climbing as if it has no downfall, well, let's hope so, in the coming 2018, investing in bitcoin will surely dominate the mainstream. more investors to come.
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