I ran across this video a while ago on what can happen to you if you don't pay your taxes. At some point during your Bitcoin career, the cryptocoin will be converted to fiat and that's how they will catch you. https://www.youtube.com/watch?v=hf2fNEUPjQwIn the end, government will find out about our assets. Its better to paying our tax because we get profits from cryptomarket. Not matter we hide our assets, I am believe government will find out because in digital world anything can be tracked
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In addition to the above points, I think there is another important factor affecting the price of bitcoin, that is, the development of the whole encryption community. We all know that last year's bull market had a lot to do with the crazy ICO. It's because ICO has caused a large number of new users to enter the encryption. So I think the increasing number of new users is the key factor to decide bitcoin price. Only new investors can push the community forward.
Indeed, new user can push cryptomarket. But if investment firm start to investing their funds on cryptomarket, that will push market more higher because investment firm will bring billions dollars on cryptomarket
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To grow the adoption of bitcoin we need people spending it as a daily currency. In my country there is not much I cant buy with bitcoins. Granted not a lot of retailers accept BTC yet but with all the services available now they dont need to. A bitcoin debit card can be very handy.
Nowadays if I need to pay a bill then I can pay any bill via a site called livingroomofsatoshi
Please list any reasons why you could not use bitcoin for day to day expenses and maybe we can find a way.
Not many merchant accepting bitcoin for payment if we want to spend our bitcoin because many government ban it. Beside that, not many people understand about bitcoin or cryptocurrency.
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In my opinion, big player must be want to enter cryptomarket because market cap on cryptomarket still low. If compare on January 2018, market cap right now 60% lower than highest at 790billions dollars. Big finance institution already entering cryptomarket like goldman sachs buying one largest cryptomarket poloniex and I am believe that followed by others big investment firm.
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Why is Bitcoin's daily price fluctuations getting smaller and smaller? How do you view the current price of Bitcoin and how we should handle the transaction in the later period?
Maybe its because investor wait and see on market. Big Investor still wait and see because they want cheaper price. My view on bitcoin, I am still believe that bitcoin still leader on market cap and bitcoin price right now still low compare a few months ago.
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Wanchain, ICON, and AION will all work together. I keep hearing great things about the tech, the goals for the tech, and the strong development teams behind them. Is it silly to start a portfolio buying those three alts? If BTC bounces back, I would think those coins should all rocket up along with it. They don't seem like coins which would fizzle out and "die". Does anyone have any thoughts on these alts or the strategy of getting in all three? -Rubes
I am only know about wanchain and Icon. Its good coin, and if they are work together that will be great for crypto ecosystem. I am already start to collecting WAN because I am believe that coin have good future and potential to earn big profits
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Rothschild family is entering in bitcoin market.
What may happen, is it a good news or bad news?
How much can it go wrong?
Any ideas?
Rothschilds family already known as word class banker and investment. I am believe if they really investing money on crypto that will mean that cryptomarket have good potential in the future. That will increasing confidence for financial firm to entering cryptomarket too
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I have 2.3eth and I would like to ask if i should hold my eth or buy 21 NEO. I also have ADA|BTC|XLM should I invest more in those also or just go for one full investment
I think ethereum and NEO is good coin and have potential in the future. Its depends on your analysis but for me, I am already made choice that i am ethereum holder maybe for 2 years from now because many expert said that ethereum can replace bitcoin place
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Not sure, but hopely market will continue rising. But i am believe that cryptomarket will rising again because financial firm will start to investing their funds on crypto. Many expert said that crypto market cap will going to trillion dollars in years to come. Hopely that happen because many coin/token price will rising
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With bitcoin system, we dont need banks because we can opening wallet with easily and we can transfer our asset with lower fee transaction. If bitcoin spread all around the world and people start to use bitcoin, I am believe we dont need intermediary for our transaction and cheaper transaction fee
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The decentralization of BTC means that it is difficult to control, but the price is easily fluctuated!
If there is a lot of money for BTC trading! The price of BTC will fluctuate!
Indeed, almost impossible to control bitcoin as long bitcoin using decentralized system. Sometimes bitcoin fluctuation is good because can give opportunity making profits from bitcoin trading in cryptomarket.
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Those who keep their bitcoins will benefit in the long run. Bitcoin targets growth in price! Especially great benefit will receive or have already received those who bought bitcoins at the beginning!
Many people holding bitcoin because they hope bitcoin price will increasing like others investment. Anyone must be want to make profits on their investment and to make good profits from bitcoin is holding it for long term
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I was wondering which one was your favorite out of the two cryptocurrencies? I think Ethereum has proved to be more flexible than Bitcoin even though Bitcoin is making the biggest noise
Bitcoin is pioneer in cryptocurrency market and thats why peoples attracted to invest on bitcoin. Ethereum is like platform that can used by many platform for any kind bussiness model, and its very flexible. I am believe ethereum have great potential in the future because many platform will use ethereum network
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Government always too late to adapting new technology because regulation. But I am believe with technology advantages, government will adapting blockchain but maybe limited for bitcoin or cryptocurrency because government must be have own regulation about their own currency
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mon·ey (noun)
- a current medium of exchange in the form of coins and banknotes; coins and banknotes collectively. ---
cur·ren·cy read as ˈkərənsē (noun)
-a system of money in general use in a particular country.
So, is bitcoin money or currency?
I think its currency and thats why called cryptocurrency. Bitcoin is different than money because money can controlled by central bank and supply always added. Bitcoin is currency because its monetary system like old time but in digital form.
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The best thing about bitcoin is decentralized and transaction data spread all around the world. Its very complex and i think almost impossible to control bitcoin and manipulating data. Not like our fiat money, no one government institution can control bitcoin because i am believe bitcoin is revolutionary monetary system
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It's better to save first and then investment. Because for investments you need funds and you can hold funds only if u save at the primary stage. And look for safe investments even if its not giving best returns but atleast you can earn some returns.
Saving first is good advice to anticipating emergency matter. Its better if we investing with our money that we can afford to lose and investing our money on save instrument like gold or property. Crypto is high risk speculation because have high movement but can give big profits, so better using our idle money
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I am fell same like you. When market drop and almost crypto price down, its very teasing if we are buying more and filling our bag with good coin/token but our money out . Better wait and be patience with our own investment and not attempting borrowing money
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I am also curious how many people knows bitcoin. Only three months ago i have learned about bitcoin thru a friend. At first it's hard to believe coz i am a bank employee. So now that more of my friends are recommending bitcoin to me, here i am trying to earn extra money thru bitcoin. So one day i know everybody will know about bitcoin.
Maybe many people around the world knowing about bitcoin, but many of them knowing with negative perspective. Its happen because many online media covering about negative news. Hopely in years to come, peoples have good perspective about cryptomarket and start invest on it because many opportunity we can reach on cryptomarket
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the reason I buy bitcoin now of course is because its current price has dropped and I'm able to buy bitcoin at a cheap price and I know that bitcoin will remain a profitable coin and will have a price rise again
Bitcoin price right now is $8100 and its still low if compare highest price at $19k. Its more 50% lower. Bitcoin is good investment and i think its worth to collect because bitcoin have limited supply and in internet era, people will need cryptocurrency to make transaction with others around the world
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