Latest posts of: iMark

Quote from: masterchief001 on October 17, 2018, 07:57:18 AM

Many people choose to invest in electronic money because this sector brings high profit, easy to get rich. Many people choose to trade in pre-coded domains. I personally feel this area is very interesting as it meets the requirements of the 4.0 technology era. The exchange, currency transactions become more rapid.

Right, the first reason of course is the big profits that they might get from investment or trade. existing fluctuations become a feature of the crypto market and many people are tempted to get wealth instantly. and besides that many use cryptcurrency for various things such as fast transactions (method of payment)

Quote from: playbtcgame on October 15, 2018, 05:58:50 AM

There is no unprofitable coin I have seen. All the coins on the market have the potential of spiking if everything becomes normal. The issue is that all the coins are enjoying the market dip.

What if you buy a coin at the end of his life? the pump has already occurred on the coin and the price continues to decline, there is no potential left over from that coin, and usually it is oldcoin. can you make a profit from that coin? of course not. not all coins are profitable dude, some even scams after you buy them, old coins or new coins don't guarantee you will get profit easily

Quote from: Mhd-Bobbi on October 12, 2018, 04:19:59 PM

Quote from: imrul5 on June 28, 2018, 04:41:32 AM

Tax law is dependent on your country and locality. Recently in the United States, the IRS has declared that Bitcoin is to be treated as property, not currency, for tax purposes. All income in the US is taxed, regardless of what form it takes. If you’re paid in bitcoins, you’re supposed to pay taxes on your earnings at the BTC/USD exchange rate when you receive payment.

Is it a good decision or bad?

I do not agree if BTC usage is taxed.
If they use BTC, but they don't have BTC in their wallet, do they have to pay taxes?
I think the government is enough to receive building taxes, vehicles.

That is the way of government to make their country rich, with taxes. but it can be very helpful for developing countries, at least regulations and taxes can accelerate the development of bitcoin too right? and you are still free to pay taxes or not, because I think regulation will not remove decentralization from the internal.

Quote from: KorakPawon on May 30, 2018, 05:37:31 PM

in fact, the government has done to stamp out the spread of bitcoin in some countries but the development is too fast and many believe that bitcoin will promise and in the end they use bitcoin to be used as an investment tool.

Actually there are many countries that have done various ways to stop the development of bitcoin, one of them is by banning bitcoin, but that way has not succeeded in stopping the development of bitcoin, you're right the spread of bitcoin is very fast and you know anyone will not be able to stop the development of technology

Quote from: Rooster101 on October 16, 2018, 02:29:52 PM

The proliferation of ICO scams that has already victimized a lot of people in the online world and the use of cryptocurrencies from illegal activities are just many of the reasons why some governments are determined to impose regulations on many crypto exchanges to control the flow of transactions. In a country where crypto scams and money laundering is hard to control, a regulation is needed to put an end to this kind of illegal activities.

You're right, we need regulation for better conditions. You know if there are a lot of fraud, scamming, money laundering and other illegal things and it can be suppressed by the regulation and control of the government, besides regulation also gives a different mindset about bitcoin, and there may be mass adoption then

Quote from: rickn on September 30, 2018, 11:45:19 PM

It is just due to the big turbulence and volatility that the market is showing. I am sure it will change and become better in the future.

I feel the same sadness because the price does not improve yet, but that does not mean that there will be no change, stable and weak price changes like the current condition are normal in the crypto market due to price volatility. but we dont know this situation will be change, just be patient and wait for the chance

Quote from: Rooster101 on October 15, 2018, 10:07:50 PM

Quote from: MarchToke on October 12, 2018, 04:15:27 AM

Not this year if i have to speculate it regarding on the status of bitcoin. It might be next year that the price of bitcoin will rise drastically again that may even break the 20,000$ all time high.

Same here, I also bitcoin can't able to reach that $20k again this year because the market is often bearish for the past nine months. There is still no clear sign of bullish trend in this 4th quarter and the price growth is still slow compared to last year. For the past few weeks, bitcoin experienced some price uptick or slight increase of price followed by dip again. $20k might be reach again or even surpass it next year if the factors for reaching higher growth are present.

Yeah we don't know when this bearish will end but $20k will certainly happen again but maybe not for this year, we are still stable at
price $6k and maybe there won't be many changes until the end of the year, I really hope prices can be better next year

Quote from: gabmen on September 17, 2018, 05:27:54 PM

Quote from: Auto756 on September 15, 2018, 12:53:05 PM

Quote from: NikoF on June 10, 2018, 08:29:34 PM

Hey guys, bitcon is now 6k again... what do you think, will bitcoin go to 5k or it is just a short fall and it is going to be 8k again soon?

The price for BTC will only grow and if the price will fall, then only up to $ 6000. So do not panic.

Lol. Will only grow can mean a lot of things for different people. Some people can't wait for that growth you're talking about. There's still a lot of room for growth yes but at this point, i nothing's going to happen overnight.

The rising price does not mean that you have to wait for the price to weaken first for the pump, the price can also rise even though the price was stable before, no one can confirm that. but I think the price won't go down to $5k, because the bottom line is $6k, so we just wait for the pump

Quote from: lebron on October 16, 2018, 12:33:48 AM

I do not see the reason why banks would and should be against cryptocurrency.With the technological advancement, i see they rather integrating the cryptosystem into their work . There should be more crypto ATMs and banks too.

because cryptocurrency threatens the existence of banks, let alone a decentralized system differs 360 degrees from the bank system? of course that is what makes banks against crypto, because it is very possible that people will prefer decentralization more freely than the bank system

Quote from: setialovers on October 16, 2018, 12:44:20 AM

Its true that right now psychology is dominating people decision. Peoples feels panic when they hear negative news in market and selling their coin in any price. Better keep rational in market and keep our bitcoin for long term because cryptomarket just in early stage

Because they have not been expertly trading, so they are very easily provoked by various fuds, you have to start learning to
separate your emotions from the calculations that you do. because psycology like panic has a big influence on your calculations

Quote from: gesdan on October 15, 2018, 11:56:43 PM

there are many hackers in this world, especially in the cryptocurrencies world, because they think in this sector there are many bug and mistake that will do by people that use cryptocurrencies, so if you are the user of cryptocurrencies, my advice check the link that you access twice, or you can bookmark the link

Thats right, because very often I find replica sites for phishing, where they have sites that are very similar to the original site. You have to double check the link if you want to log in anywhere, especially wallet and exchange. because I myself was a victim of phishing because of my negligence

Quote from: vandeam on October 09, 2018, 07:04:31 PM

No, I don’t think so. I hope we will get good news about cryptocurrency and see new big investors because of which the price will grow.

that is what is needed by the market, we need good news so as to increase the trust of users to buy again because many investors are
waiting for it and do not do any activities so prices are more likely to be stable, but in my opinion the price will not drop more than $ 6k

Quote from: Baronggot on October 12, 2018, 10:11:47 PM

That only depends on the availability of my money because that's really a big amount if you wanted to buy it as a whole. For me, i will just have a slice of it of 2,000$ maximum and that will be pretty good figure for me to hold.

if bitcoin is worth that high and there has been a correction then bitcoin deserved to have such a high price and of course I would buy
it with the financial ability that I had at that time, the price would not rise that high if there were no important things behind it

Quote from: BagzMM on October 13, 2018, 03:27:26 AM

In my opinion, i don't think there would be one global currency it is because each countries has it's own government policies and laws.

You right, that's a simple but precise reason. it is impossible for the whole world to have only one currency whereas every country has
its own government and rules based on their ideology and the state of their society, unless the whole world has only 1 government, but ts not gonna happen

Quote from: Cofee.BLUE on October 12, 2018, 08:19:31 AM

Quote from: lelahkenabanned on September 29, 2018, 08:23:11 AM

global bitcoin this regulation seems indispensable for bitcoin circulation of some countries to be used for transactions and can be used to be legal tender and can be used for all payment platforms.

If this is the case, i think the cryptocurrency do not need such regulations. Or somewhat the bitcoin can move on its own, but the thing here is, the people consider much when they seen it legal, they are somewhat conscious to what is going on. Therefore we can say that having global regulation maybe good but somewhat bad.

I don't think regulation is mandatory because you can still use and invest in Crypto even though there isn't any regulation right? but regulation indispensable for the development of cryptocurrency, mandatory and indispensable are two different things. if there is regulation, it can certainly accelerate the spread and development of crypto

Quote from: zhekinsp on October 12, 2018, 05:08:08 PM

Simply,You can't predict the dump and bump of the crypto currency prices.And nobody else in the world have the same status of you so it is all just like luck comes with skill of investment if we want to make money from the crypto invesments because it is just pure speculation.

anyone can predict when the dump and pump will come with their respective analysis and calculations, but not everyone can correctly predict and occur, I don't say that predictions will depend on luck, because there are certain indicators that you can use to analyze what will happen on the market

Quote from: PaulLines on October 06, 2018, 10:55:30 AM

Quote from: prettypearl on November 15, 2017, 12:12:54 AM

As a NEWBIE, how would you explain bitcoin as against other offline currencies?
Which one has more market value and why do you think so ?

What do you mean by offline currencies? If you’re referring to real or conventional currencies, then you’re wrong. Currencies like dollar operates both offline and online, cause we have online banking and we also have cash, so saying that conventional currencies are offline only is wrong. It is even better than BTC because BTC can only be used online and not offline.

Yeah maybe what he meant was fiat currency, you're right that fiat can be used offline and online, of course it makes fiat better than
bitcoin, because bitcoin can only be used online and even still limited to spending it because there are just few merchants who accept it

Quote from: Angela92P on October 11, 2018, 06:46:41 PM

Quote from: billygarrison on August 08, 2018, 04:37:23 AM

I heard the news, that banks are afraid of bitcoin and can replace banks, because the excess of bitcoin is much compared to local banks

Bitcoin problem for banks, or rather the problem for the central bank. Of course, if this is not the idea of the central bank itself, but rather the managers.

I don't find any local bank fears about bitcoin, everything is still normal here. but it might be different if at your place,
why is bank feared? whereas banks and bitcoin are different functions? the use of bitcoin will not make, the existence of bank decrease right?

Quote from: Natnat213 on October 11, 2018, 04:12:00 PM

There are so many news bitcoin will be the future and can make the world change into a new and productive. But not all of the news is saying that bitcoin will do it because some of people don't believe that this will change their lives.

That is natural, not all media are neutral and pro on bitcoin, some media are very counter and defending the government so it's no wonder they have reported bad things about bitcoin from a few years ago, but whatever news they release cannot stop bitcoin, the proof of progress of bitcoin is still going

Quote from: nebiki on October 11, 2018, 06:29:19 PM

Quote from: Eraldo Coil on October 11, 2018, 04:06:34 PM

Maybe the one problem that will still exist in the future is the people who are trying to hack the system and steal crypto same as making icos that aren't real and scamming people to get money from them. I think this problem will never end.

the problem will not end because the cryptocurrency has an anonymous nature, so everyone can use it for crime, fraud and laundering without recognizing his personal identity. of course we must always be careful and careful so that we can avoid fraud.

the problem is not just coming from the internal as you say, but also coming from the external like the government or other agencies, in the near term the problem that comes is the rejection of ETFs which made prices drop some time ago, but the decision may change in the future?