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There's only Bitcoin, the rest are shitcoins, don't get fooled by shitcoins and just buy (and hold) Bitcoin. It is the best asset you can buy (and hold) nowadays. With shitcoins you can hit the jackpot as well as if you buy a lottery ticket but just be aware of what you are doing.
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Does earning bitcoin count as wages/tips?
Can one earn small amounts of bitcoin and still be qualified for unemployment? Does this depend on the country/state?
Some countries/states consider bitcoin an asset. Is earning an asset wages or tips?
The reason I ask is that my state's unemployment application only accepts US$ for reporting earned wages/tips.
It does count. The IRS or equivalent in your country wants to know everything you earn and tax you on it. If you only accept returns in dollars I imagine you will have to declare the dollar equivalency of the day you were paid. You will have to look at the laws in your country because in some cases having a small income is compatible with public benefits. |
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It's not official yet. I have checked the press releases of JPM Chase but couldn't find anything related to this one, https://www.jpmorganchase.com/ir/newsSo I believe it is just either a speculation or a news from some senior official of JPM Chase. If indeed it becomes true, I don't think that is going to impact the bitcoin market in any financial way because I highly doubt that they will invest in bitcoin directly. Rather they will choose some bitcoin linked fund or derivative instruments. Let's wait for the official news! In theory, if the journalists have done their job well, they should have the news confirmed by two independent sources, even if JP Morgan has not officially announced it. Whether they have confirmed the news well is another matter. In any case, it is along the lines we are seeing lately of Bitcoin normalization. |
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My thoughts on this is that it will probably bump up the prices although it wouldn't be a lot compared to the 1.5 billion of Tesla, I hope that more companies follow what Nexon did, maybe we will see Sony, Nintendo and other game companies buy bitcoin.
The point is that little by little we are going to see more and more companies buying, which, together with the reduced supply, will cause the price to continue to rise. A spike in price will come when one of the big players, such as Apple or Walmart, announces that it has bought. |
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In the end I'm going to get used to so many haters saying bullshit. The OP criticizing Bitcoin is acceptable, even though most of us are not going to pay any attention to it. But for him to defend cash garbage is to be clueless about the world he lives in. Fiat is still used to buy everyday things, but if you look at the richest people in the world, they have very little cash relative to the financial assets they own. And that's because they know that cash is trash.
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Tesla takes profit from crypto investment and some stupid people aren't even bothered, like I always say even billionaires who invest in crypto are here for the profits no matter how long they chill and hype the coins, be smart people
What a crock of shit. And why are you in bitcoin? If you have any. For a charitable cause? What has made Bitcoin successful is the profitability and that is why so many people invest in it. Then we can talk about the alternative to the current monetary system, etc., but if it were not for how profitable it has been, it would no longer exist today. It would be a failed project. |
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I don't know what you hope to achieve by opening so many posts, but you are certainly not succeeding. Also: get your facts straight. You might as well open a post criticizing Bitcoin to death as open a post like this one.
As for what you say, yes, it is too big to fail, and as it will continue to grow, even more. A time has come when governments and central banks have little room for maneuver with respect to Bitcoin.
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Wrong. Bitcoin is a currency not an investment. While I do believe that it should be considered by most people as a currency and not as an investment, I find it wrong to not consider it an investment. Bitcoin was introduced as a cash system, and thus, a currency, but an investment is any asset or item that will bring profit at some point in the future. I too was surprised that @pooya87 said that. Bitcoin was created as currency but as of today it is not. It is an investment and a store of value but not a medium of exchange. And I'm not sure it will be in the future either, because by Gresham's law, people tend to save and not spend the coins they consider valuable, being them a store of value instead of a medium of exchange. |
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Even the users here are anonymous so that no one will know what gender you are, unless you tell them yourself like that. Lol!
Besides that, I never knew if there was a ban on gambling for women, because even in a country where gambling is legal like Japan, women are free to enter casinos there as I saw on a live broadcast on Instagram.
So yes, you are free to enter and play, there is no limit for gender I am sure.
Yes, what the OP asks is almost a rhetorical question. For starters, women do not exist on the internet, because there is no way to check, but also in this forum there is no discrimination of any kind based on sex, race, creed, etc. Although I think women are welcome in general because one may notice that this is a predominantly male forum.
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It might be pretty good news. Tesla has just shown Bitcoin can be a viable cash reserve stash and can be used to make a quarterly earnings report look pretty good. There are lot of corporations with major money just laying around. If they start to put part of that into crypto, meaning Bitcoin, well that would be really something.
Do remember Bitcoin pricing still reflects it is a risky asset. The more big players get in, the less risky it becomes, the lower this negative risk premium.
I agree, but there is one thing that still sets bitcoin apart from cash, which is volatility. I understand that they have sold because they were in profit, but if they were currently at a loss, would they have sold? Maybe if you need liquidity it is better to take a loan leaving Bitcoin as collateral, as Saylor says. Musk does so in his personal life: Elon Musk, short on cash, keeps borrowing more and more money even as Tesla stock surges |
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The Covid-19 cases in India is rising rapidly, with the country having inadequate hospital beds and oxygen. And the number keep increasing, recording more than 345,000 cases in just one day. And what surprised me most is that India is known for producing the world largest Covid-19 Vaccine. The world health organization have to help them before the situation gets more critical. I think we can reduce the number of cases, if we take Covid-19 measures.
India has a population of 1.4 billion, which is growing at a rate of 2% per year. This is the root cause of most of the social issues in India (such as unemployment, poverty, lack of adequate medical care.etc). During this time also, the situation is no different. States where the population growth is low (such as Kerala and Tamil Nadu), there are enough facilities available for everyone. On the other hand, states with high population growth are suffering not just from the shortage of medical facilities, but also from the shortage of skilled medical staff. I don't know where you get this argument, which sounds Malthusian. Can you back it up with some links? The world population has not stopped growing and people are living longer and better. I understand that the problem is not so much population growth but that they are a poor country to begin with. |
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The fact that he disappeared and has never been heard from again makes him a legend that gives rise to all kinds of speculation. I wonder what happened to his bitcoins and what I think is that 1) he lost the keys or died 2) he was someone who was not very greedy or did not need the money and that is why he left them untouched, possibly even destroyed the keys.
What is clear is that the fact that we know almost nothing is going to continue to give rise to a lot of speculation for years to come.
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It is so sad, it means that the dem voters can't even imagine becoming rich.
Of course. Many of those who buy into this discourse do not see themselves becoming rich, they have bought into the victim mentality, and so they have no choice but to wait for someone to come and save them, in this case a socialist/democrat politician. It's not that I think everything the Democrats do is wrong and everything the Republicans do is wonderful, but I like a system where my future depends more on what I do than on a politician coming to save me. |
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Taxing the rich isn't necessarily a good thing. It will slow down the growth of the stocks market and eventually it will slow down the economy and the poor will also get affected. I'd say poor people would get affected the most. The rich are already rich and they don't need to work to live. If you tax them too much they will leave the country and take the jobs with them. Who suffered now? The rich people? No, it is the poor people that suffered the most.
Cheering for the tax increases isn't anything but either being very dumb or hating yourself. These rich people have options. They can leave any time they want. What choice do the pay check slaves have? And how is that losing their job going to improve their situation?
I suppose you have realized that I basically agree with you, right? Because the way you respond it seems like you're trying to antagonize me or something. Yes, of course, but the discourse against the rich is very simplistic. And it is not only that they can leave the country, the day people find out that many of the rich take loans to avoid paying taxes their mind will blow: Elon Musk, short on cash, keeps borrowing more and more money even as Tesla stock surges It is precisely in societies with lower taxes that there is more social mobility, and in those with high taxes, the rich remain rich for hundreds of years and do not even have to leave the country: The richest families in Florence in 1427 are still the richest families in Florence |
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I think all he is saying again is that demand exceeded his expectations, which is positive, of course, and is in line with what we are seeing, despite the recent dip: that there is more and more demand for Bitcoin and less and less supply, therefore, the price can only go up.
Regarding payment with phones, and that it will replace cards, if he means payment with cryptos maybe, but he'd better look at the reviews google pay has had in the last few months.
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It feels so weird to think that the half of the country are voting for a party that wants to tax the citizens more and still can get millions of votes. Millions of people electing a president that wants to steal from them, crazy.
That's because they think they are going to tax "the rich" only. In reality, those are populist measures that are not carried out, and if they are carried out, they do not work most of the time, so politicians end up raising taxes on those who voted to raise them on the rich. It should be noted that this does not have to be done with direct taxes such as income tax, it can be done with indirect taxes, with massive currency printing and by raising taxes on companies that end up passing them on in the products they sell. |
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What I believe is that this type of reasoning is a garbage inductive reasoning if we do not take into account other factors. Relying on the short history of Bitcoin, divided into months, to be able to predict what is going to be able to happen in the future by months, is not very sophisticated, to say the least. I know it is a common way of thinking but it is still too simple. Most of the patterns you think you see there will break down as time goes by.
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https://www.reddit.com/r/CryptoCurrency/comments/mx1lkd/never_forget_that_the_federal_reserve_secretly/It's game-on for real now. FED is going to have $63k back in a few days, then to $ Its official now, Bitcoin is "Too Big to Fail" FED buys BTC-ETF's & Bitcoin Futures There is no down from now on, only up. HODL on the Party begins Now. Bitcoin is now a protected class on Wall Street. ... $350b loss in two weeks is unacceptable, $1Trillion USD rise in six months cannot be allowed to implode, the FED can wlll inject Trillions of USD into Bitcoin, making it the power powerful currency on earth. All aboard, everyone is going to get Rich, HODL or die in poverty. I don't know what you hope to accomplish by opening so many bullshit threads. On top of that you post a link and say some ideas that have nothing to do with the link you posted. Well yes, they are somewhat related. But, either you haven't understood shit of what it says, and reddit is not a very reliable source either, or you have understood it and you are misrepresenting it. |
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This type of scam is obvious and should be avoided, but there are some people that will not be able to avoid it, they are people that are not wise, greedy and not thinking twice before doing something. Even when Twitter account of celebrities like Bill Gates were hacked, it is less avoidable this way but yet some people were able to know it is a scam, because it is what is happening already, but when I do not even know the person, just the person saw me through maybe a group, added me, and message me, I will be a fool if I send such person bitcoin or anything like money because it is not possible for me to do that, but greedy people may be victims.
Yeah, typical scam. They try to lure you saying that they have a lot of money for you but then they require you to send a small amount first. Be careful guys. In any scam they will ask you for one of these two things (or both): 1) Money 2) Personal/sensible data. |
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