Their main problem is that they do not have "final demand". With paper money, you can at least pay taxes to the government that issued them. And it will be obliged to accept its "own" currency. But no one is obliged to accept crypto currency
That is exactly why people pay taxes when they cash their coins out to government money. If you just purchase items then it becomes larger than just a tax issue.
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If the network congestion problem is fixed and transaction fee is less (like before) it will be great ,btc will reach new heights soon
You have the correct view on the network being stuck. If it does get stuck then the price of Bitcoin will grow...just no one would be able to spend it.
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When will we reach the state of more of less stable cryptocurrencies or it is in their nature and will never end?
The prices will get more stable when the prices are really expensive...so expensive that it would take a lot of money to get rid of a 1 BTC wall.
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In a way, opening a channel is like buying a prepaid debit card. You pay a bunch of money up front and then spend it wherever LN is accepted.
When that thing starts to process payments, many people here think that the price of Bitcoin will go up.
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Now this is the reason why I won't invest in Viberate. The people in it like to post topics in this section and hope that people will purchase their coins so they can get out of it.
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I will happy if it reach 50$, i not sure it will do.
So you want to see Ripple actually giving people false hope in the decentralization of payment systems?
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I believe that bitcoin is both an asset and a currency. We should invest in bitcoin because it is the future baby
It can't be both an asset and a currency. I don't know how this thread is pages long without an actual answer to the question. If the IMF does not classify Bitcoin as a currency then it is not a currency. That's all there is to it. Bitcoin is an asset.
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Thats what i was saying. I cannot get to the funds without the private key so i cannot transfer them.
All you have to do is use the seed phrase and import it to another wallet like Electrum. Based on the information that you're giving me, that's all you have to do.
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My God, I hope not. If it is, then I'd be dirt cheap. My bitcoins will surmount to nothing if that happens. Maybe I would sell my bitcoins if it reached $9,000. I'll just cut my losses and buy again when the price seem to be climbing again. I don't want to risk losing a lot more money on bitcoins. If Bitcoin gets to $9,000 and you sell your coins then I hope that it goes up to $20,000 immediately after you sell them.
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An epic rise to the moon of bitcoin's price will only happen once Lightning Network has been implemented and the flaws in transaction fees and scalability has been fixed. The trend will always be in a loop of endless ups and downs like a roller coaster ride.
I hope so. It also depends on how many people are using Bitcoin at that time. If too many transactions go out then Bitcoin will drop in price.
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HOW CAN I INVEST IN OTHER CRYPTOCURRENCIES. ACTUALLY I AM NEW TO CRYPTO WORLD SO I AM TOTALLY UNAWARE OF OTHER CRYPTOCURRENCIES EXCEPT BITCOIN...ALSO THE PRICE OF BITCOIN IS VERY HIGH...SO IS THERE ANY OTHER CRYPTOCURRENCY TO INVEST? A BIT CHEAPER THAN BITCOIN?
Lol that other post is funny. Yeah, try not to post in Caps. If you want to purchase the altcoins then join an exchange.
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I don't care about the shortcomings of BTC that you mentioned. I think they are what makes BTC hat it is today. Just maybe BTC would have eloped or become insignificant if they weren't ther. Jut saying though.
Exactly, they want Bitcoin to be used more so the transaction history looks like there is a lot of people using it.
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It could involve manipulations but I don't think it's a pyramid scheme. I think cryptocurrency is the future. Their point is to make money but it's smarter to always make money, never to stop. That's why I believe that this is not going down. It will increase
Even with the price manipulation, Bitcoin is a very new technology that can be used for new things. Don't sell.
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I consider Stellar a promising coin. Now, because the price of bitcoin has fallen, all coins have become cheaper. Keep stellar at least until spring, and then see what will be its value.Stellar is a technology that enables money to move directly between people, companies and financial institutions as easily as email. This means more access for individuals, lower costs for banks, and more revenue for businesses. I will definitely keep it until spring.
It doesn't seem like Stellar is trying to do the same thing as Ripple so I think that they can do more things in the cryptocurrency field. Stellar is going to have a high price only if they decide to keep dropping the amount of coins that they give out during their airdrops. Once they do that then there would be less coins being dumped in the markets. The Stellar website and technology looks original and it looks like there would be coins that will try to copy what it's doing.
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At the moment it's too early to say that bitcoin has started to grow again. Now this is a volatility, but not a new growth rate
The price is holding pretty strong. There was sellers that wanted to bring the price down so they could purchase the coin cheaper though it looks like they will not get their chance if the uptrend keeps going in that direction.
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I hear from some people that when selling a large amount of Bitcoin and having that money hit their UK bank account, the bank has froze their money or notified them they will close their account.
Other people say they had no issues and no one has said anything.
Have you have any problems and more importantly who gave you the best rates and was the least hassle to deal with.
What you will have to deal with is the people in charge of the bank approving the money transfer. When they approve it, you have to make sure that you have enough money left over to pay for the tax... Then you would have to note that in your yearly tax claim. That's about it.
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I really think that history will repeat it self. I am pretty sure that pro traders will k ow what i am talking about. Just check the price history of bitcoin.
The trend lines does look like it's doing the same pattern as it was years ago. The price is set to go higher years from now.
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its more comfortable to buy something that you can store on your pc, mobile or hardware wallet ... and you don't need to buy whole bitcoin. Look if btc make 5% up for 24 hour so you earned 5% from your investment .
Though that may be correct, most people want a physical item that they can keep. That is why they choose to store precious metals. Bitcoin and Silver will eventually have no real value.
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When Silver is $18/ounce, will people buy one Bitcoin for $5000
People will purchase whatever they want. Even with cheap Silver, evenually nobody will want it. That goes for Bitcoin too.
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yes , it is back to normal , probably it is making another record in the year 2018 , bitcoin has been always popular and growing. Hope it gives more profit further for the investors.
I just looked at CMC, you guys might be correct though the price is not fully recovered at $19,000.
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