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It is their right to ban ICO ads circulating on facebook. They only do this to clean their hands of possible ICO scams. But no matter what they do, facebook will never be the source of the real truth or whatever they are trying to show the masses now.
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For countries that have received bitcoins with good effect They will raise taxes for all cryptocurrency users in their country. But I am a bit confused given the volatile bitcoin prices so the rules they make will always change. while countries that ban their bitcoin will be indifferent to bitcoin price changes. But there is little possibility for a neutral government to use bitcoin, I think they would be interested in receiving bitcoin and cutting taxes on every withdrawal made by bitcoin users.
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Yes that's the main reason some countries prohibit the use of bitcoin in its territory, because the anonymous nature of bitcoin is considered by some countries as a means of illegal transactions, but they do not think with the positive role that bitcoin provides, a small example gives life expectancy for anyone who wants to deepen about bitcoin . income through investment or trading the daily crypto.
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I think it's not a good thing if the whole market price is influenced by the Bitcoin price, there must be a solution to make the crypto market more decentralized where Bitcoin prices do not swing the market up and down there must be some kind of better system than if we just created a system that is just the same as the current fiat system we have in which the most trusted asset determines the whole market.
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What is your Bitcoin End Goal?
Is it to get billionaire by it? Or to use bitcoin for all your transactions one day?
These are just two examples, not the only choices of course.
Share what is your End Goal with bitcoin?
The ultimate goal of bitcoin, of course, is as a modern transaction tool that has many advantages for its users, and because its limited stock of bitcoin is becoming scarce and its value is increasing according to market demand, this is what most people use as a place to save money or investment, as it proved, bitcoin continue to increase from year to year. I just want to be in the bitcoin world until bitcoin is completely extinct, but I think bitcoin is hard to be extinct, in fact I see it will get crowded in the future. |
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People tend to get quite confused with all this fancy crypto stuff and confused people tend to say funny things when they try to act competent. So, what's the most stupid thing you've heard about bitcoin recently?
I often hear many people call Bitcoin a bubble that will one day be destroyed. worse still they say that bitcoin will return to its original price and many bitcoin investors will lose money. But until now the news was nothing real, the bitcoin started up again and silenced all their mouths. |
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It is good news if it's true and It could be a big step forward for Bitcoin. this jermany automotive company is very popular around the world, I hope this will be a powerful promotional media to attract more people to go into Cryptocurancy especially Bitcoin.
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Of course, Bitcoin can be a world currency. However, Bitcoin is not valid in all countries. But seeing the popularity of Bitcoin,it will be the world currency for a time.Only the bitcoin has been known in all the countries, which could not make any other coins.Everywhere they are Bitcoin,world Currency Will be.
To be a world currency taste it difficult because Bitcoin is supported by modern technology, and this is uneven in the environment, because of the difference between the rich and the poor, I am pessimistic with the world currency. but Bitcoin's currency functions look more favorably to the rich who have money and modern technological tools. |
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I do not think it's too late to invest in bitcoin, you can see the current Bitcoin rise, if only you invested 2 months ago and you ignored the bubble issue, surely you have made a big profit. Bitcoin is a modern investment tool, there will be a lot of negative issues that ruin it, but it's up to you, if bitcoin returns like last year, are you in it or just as a spectator?
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Do you think that Bitcoin has become too slow to compete with the relatively quick alt coins out there? Is it realty competitive to have a slow community rather than a centralised decision making in development?
In other words, does the community effect of decentralisation enough to counterbalance the difficult decision making processes?
I do not think Bitcoin is slow to compete with altcoin, because I see this bitcoin is the parent of cryptocurancy, if there is a fast-moving altcoin in the crypto market, Bitcoin had already done that, you know the price of Bitcoin when it first comes? and what is the current Bitcoin price? Is there any altcoin that has exceeded the price of Bitcoin? all the answers are easy and sure everyone in this porum knows it. The high bitcoin price makes its rise as if it feels slow and the coin alt seems to move faster because it has a lower value. |
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Is it possible someday that Medical Hospitals accept BTC as a payment for Hospital bills and other fees??
There is the possibility of Bitcoin entering public services without exception of hospitals, Bitcoin is a digital currency that is currently busy talking about, no wonder if bitcoin into the healthcare industry to attract new users and as a media campaign, but there are still doubt is related to its slow transaction process and unstable price, this might be a bitcoin homework to remedy its shortcomings. and if true bitcoin will go in there, I think private hospitals will be more likely to apply Bitcoin as a tool of their transactions. |
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How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.
Transactions with bitcoin use have greater cost compared to Ethereum, To avoid high cost do not send to external wallet. And that is to use one and the same web-wallet host website. For example like coins.ph if you transfer bitcoin to another user using the same site there is no cost but if you will send it to external wallet then that is when you will pay big transaction fee. |
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Do not care about this analysis, and Do not trust these analysts because most of the time it is not useful. Just enough you know because this can kill your morale in cryptocurancy. You must have your own judgment. Bitcoin and blockchain can not be separated, but blockchain has a unique value. |
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Looking at the decentralized nature of crypto-currencies,Wonder if govt bans Bitcoins in future??Is it possible let's say by blocking all sites which relate to Bitcoin wallets/payments etc over the internet.In that case what would happen to our existing coins held in those wallets??
If many countries prohibit Bitcoin activity in the country, it will not affect the amount of Bitcoin you have, but with the prohibition of some countries that will happen is the decline in prices. If very few people use cryptocurrency as a result of the ban, then Bitcoin will not be very valuable. That means your bitcoin amount is safe but you have lost money from the bitcoin price drop. Hopefully it will never happen. |
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Before this time, almost Korean investors really worried about new tax policy for cryptocurrency. That's why all news said the government will apply 3~40%taxes for crypto at Jul~Aug. But today, the government said we will apply 10~15%taxes for crypto like interest income tax, and it is very acceptable to all Korean investors. Also they said we feel hard to say it will happen within this year and although will happen this year, there will be 1~2years stay period. http://news.naver.com/main/read.nhn?mode=LSD&mid=sec&oid=023&aid=0003382087&sid1=001&lfrom=kakaoIn conclusion, Crypto is accepted by government's legal property, SO MANY KOREAN INVESTORS WILL GET INTO MARKET AGAIN! As good citizens it is obligatory for us to pay income taxes to assist the government in terms of infrastructure development, applying 10 ~ 15% taxes for crypts such as interest income taxes, making investors calm in running the crypto business in the country. I think this is a positive thing for cryptocurancy in building a business network, so that many Korean investors will enliven the cryptocurancy market again. Hopefully other countries soon follow South Korea step! |
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A good post, it's very difficult to accept Bitcoin as a legitimate currency, because the cost is very high and sometimes the transaction speed is slow. the volatility of the value of bitcoin will now never be worthy of being a currency. For me personally I find bitcoin more as a store of value than using it as a currency. maybe we have to be more patient and just enjoy what bitcoin provides, there will be a possibility a few years from now when the value will be more stable then we can say that bitcoin is really worthy of being used as a currency and using it in our daily transactions.
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Well as everyone can see btc has made somewhat of a recovery in the last couple days i was interested in some opinions if people really think this is the run that will take us to a new high or will it be short lived and will we see a even lower low in the coming weeks, please feel free to to give your opinions.
Rising bitcoin prices to $ 7400 raises many questions among investors, whether this is the beginning of a bull market or a temporary increase. that's all investment is not as easy as you think. many factors that can determine your income. including your feeling and luck. Which I do is still waiting for the development of the market, because if my calculations are correct, Bitcoin will rise again in the near future. |
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Btc price market continues to drop. Hence more people are speculating about the end of the bitcoin. The possibility has a chance to end the system because just recently more people are selling their btc which resulted to market price dropping. Now os it really the end of bitcoin? Is there any other coin that will be probably next to bitcoin? I hope bitcoin will not end so as to continue the good things bitcoin has brought to the investors though i was not able to invest in bitcoin but i am planning in the near future. How about you what is stand against the speculation and the other coin that will be next to bitcoin?
Coin other than the rising bitcoin will always be there, but Bitcoin is still the goal of every investor because Bitcoin is still the mother of all coin cryptocurancy. I think bitcoin will not die, Bitcoin only temporarily drops, and will increase again when the market has many requests. Bitcoin itself limits its supply to only 21000000btc, the price will rise high when there is scarcity. So do not hesitate to invest in Bitcoin, let alone now bitcoin not too expensive, because it is still waiting for market recovery. |
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Blockchain Technology was driven to fame by its application on Bitcoin Gold due to its encryption that has been considered hacker proof. Bitcoin has been used as a reference to its success, providing a secure network for users.
The question however is, can blockchain succeed without bitcoin?
I think certain coins will be able to run blockchain to replace the role of Bitcoin as the leader of crypto currency. It could be ethereum, or any other altcoin that would manifest itself in the future. Only for transfer to fiat will already use other coins. Crypto currency is constantly improved and therefore you need to be prepared for various changes in the assessment of one of the digital coins. |
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I think in venezuela people people no longer believe in paper money, then they believe in the role of cryptocurrency as currency for daily transactions. And there is plenty of room for crypto currencies in countries like Venezuela that are experiencing high inflation.
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