|
Day-trading is quite risky in crypto-market as unlike traditional stock trading crypto-market trades are based on pairs of crypto-currencies (eg: LTC/BTC, IOTA/ETH etc). In such cases mostly pairs are with BTC and BTC price is being really volatile now a days, you can't really do technical analysis of a crypto and predict its price when BTC is so volatile. So I suggest you to stay away from Day to day trade untill the Price of BTC stabilize.
|
|
|
|
|
There is no need to provide any kind of personal information to hold bitcoin or to do trading in BTC. But if you convert your BTC into fiat than you need to provide KYC to the exchange which include your Valid ID proof, Bank account details, Social security no.(If any) etc.
In most of the countries if you want to do transaction through bank than your age should be of 18, so you can't buy or sell BTC with fiat till 18. But if you are doing any transactions in BTC than there is no age limit.
|
|
|
|
|
Yes, It is legal to sell BTC in cash. But it also depends upon your country’s law as there are few countries like Bangladesh, Nepal, and Morocco etc. where sale or purchase of bitcoin is illegal. So you would behind the bars if you caught doing any kind of trade in BTC. If we look at the percentage of those countries where bitcoin is illegal than its percentage is very less. And developed countries countries like Japan, US, new-Zealand has shown really positive approach towards it.
|
|
|
|
|
Bitcoin is not taxable as such but earning from it is taxable in almost every country. If we don’t convert BTC to Fiat then we are not liable to pay any taxes. But as soon as we covert our BTC into CDN (CNADIAN DOLLARS), then we have to pay taxes because if we earn anything as income than it is taxable as per a country’s revenue law.
|
|
|
|
|
I think it is not illegal till now in most of the Asian countries. Countries like India, China are still in process to understand it and it's impact on their economy. Being decentralized no single authority can control it. But it may be illegal in some isolated countries such Bangladesh, Nepal, Thailand etc because of the decision of government. They fear if bitcoin become enormous in size than it can causes a loss to their nation.
|
|
|
|
|
I think it is too ambition to imagine BTC at $100000 in year.
Year 2018 will the a fate decider year for Bitcoin. As many countries govt. are taking crypto-market seriously and start working to regulate it in some way or other. So if any influential country say China, US, India or Australia etc make it illegal then it price will crash like anything.
|
|
|
|
|
Technology have its own pros and cons....history also proved that every inventions till now Eg T.V. refrigirator etc made human lazy and less social. Through it keep us more updated and connected but still we lost our pease of mind due to this fast lifestyle. In the same way, being cashless is not bad...as transactions are more easy and fast, less chances of human error etc but it will make us more lazy and introvert than ever before.
|
|
|
|
|
Try Etherdelta. Got every pair exchange with ERC20 tokens and Ether. Easy and relaible to use.
If you want to trade other than ERC20, i would like to recommend HitBTC and Binance. Bitterex is through very famous for largest volume trade and also large no of coins listing but it got some serious issues like freezing fund holder's account and ask to verify with some valid ID proof like Passport or Driving license.
|
|
|
|
|
Major issues with BTC is High transaction fees and more confirmation time. ETH also got a problem of network congestion from last few days.
As a alternative Litecoin or IOTA is best coz of fast transaction and low transaction fees. Old investors are shifting their invest from BTC to altcoin to gain more profit. Litecoin seem to be best option to them as it is reliable and accepted widely all around the world.
|
|
|
|
|
I don't see any utility of these forks nor investors are much excited about it. So just resisting your trades coz of these shit forks are worthless. As now, many altcoins like LTC, Ripple, Iota has shown really positive projection so its better to earn profits by investing in them rather than keeping BTC just to have some shit hark forks coins for free.
|
|
|
|
|
I really like the concept and progress of Waves coin. I believe that it can make clear space in Top 10 coins list in upcoming weeks. Unlike other coin, waves growth is quite genuine and steady not just a pumping effect. I feel that $13 price is not the right price for a coin like...it deserve much more than it.
|
|
|
|
|
Major drawback of BTC not using as digital currency for every is High transaction fees and time lag to confirm a transaction.
BTC transaction fees is going crazy now a days....regular transaction fees per byte is upto 300satoshi which is crazy. That mean to make a trade of $15 you need to pay $12 as transaction fees which is insane.
|
|
|
|
|
Can't say anything right now as BTC High prices may lead to stability also. Right now BTC is in amateur stage as it is gaining more and more popularity now a days so news users are joining every min that mean more volatility but once all the dust settle down I am sure BTC will be quite stable even if its price raises upto $100K
|
|
|
|
|
Forking have no future as it got no utility.
ERC20 tokens future is based on its uniqueness and project success prospective. It's just like investing in a stock.
|
|
|
|
|
Competition for Rank 4 is getting ruthless now. Litecoin is at rank 4 today with market cap of around 17billion dollar but Ripple also trying to take back its position as no. 4 and try to gain more market cap.
Lets see who will be the winner among them and will be placed at NO.4 possiion.
|
|
|
|
|
Technically, Network will crash coz no-one is there to confirm any transaction. No trade will be performed, no price rising, and people will get frustrated. Even if Miners came back for mining then also BTC price will be crashed to floor as people will loose trust from it
|
|
|
|
|
Bitcointalk username: SixOfFive
Rank: Sr. Member
Current post count: 324
Bitcoin address: 3PwLrYf6yqvV7w1rnUioDGTaDjMnaJnDjf
I will update the signature when accepted.
|
|
|
|
Date of Join : 7 December 2017 Twitter Campaign Bitcointalk username: SixofFive Twitter account: https://twitter.com/cypto_freakTwitter followers: 2228 Bitcoin address: 3PwLrYf6yqvV7w1rnUioDGTaDjMnaJnDjf |
|
|
|
|
I don't find any plus feature in Bitcoin Gold above another hard fork like Bitcoin cash. So I don't see it will going up unless some pumping activity happens. It may show some positive projection coz of this pumping but you can't expect long term growth in it like Bitcoin.
|
|
|
|
|
Show Posts
