The race is on between European cities including Frankfurt, Dublin and Paris for London's finance crown following the Brexit vote. Just a day after the vote result was announced last week, Ireland's foreign investment agency had already contacted more than a thousand investors letting them know the Emerald Isle is part of the European Union and will remain so, while offering assistance in moving staff over from the United Kingdom. Although this is all very premature as Article 50 is yet to be triggered and when it is, there will be up to two years of negotiations, these other major European cities are wasting no time in trying to hasten its downturn. http://cointelegraph.com/news/londons-fintech-crown-up-for-grabs-after-brexit-as-dublin-paris-frankfurt-cajole-bankersThe Netherlands can be a key contender too. It is a tax friendly jurisdiction and many international holding companies have been set up there. |
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This will be an additional benefit for the kids learning BTC like other subjects. Many do not agree to this. When you allow children to browse and play games on online why not btc which will enrich their thought flows in earning money in future.
There is a difference between earning bitcoins and learning about bitcoins. You could be ruining a kid's future by letting him access faucets for a few cents. |
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The best plan to get rich with Bitcoin is just to buy low and sell high. That is the most important. But you never know what will happen with the value.
Holding now is the best option and I think that the value will rise in the future. And that will be good for those who made an investment.
]I think there a strategy for that this is safetiest method to make a profit with buy bitoin and sell it when the price is high.. just set a margin 10% and you must have a backup bitcoin because if you sell some of your bitcoin in 10% it will increase and earn 10% then the price is still increasing if you have no backup btc you can not sell those when the price is increase more.. It is easy to say buy and sell high. People who bought at $300 and sold at around $400 would be kicking themselves now. Even if you have some bitcoins as backup, you lose out on potential gains. |
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I havent yet purchased flight tickets with bitcoins.
I would, if I got a sizable discount on it. Unfortunately, no discounts these days.
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In the coming days when the government will legalize bitcoin and puts up regulatory rules and policies on the use of bitcoins it is a prerogative of the government to monitor the bitcoin transactions as well as your bitcoin wallet. For how many years bitcoin has been operating outside the hands of the government and many illegal operations especially in the black market is taking place without being traced. This coming events may be helpful to the stability of bitcoins in its operation and security.
Not if it is unnecessary. I prefer to maintain my privacy. If not disclosing bitcoins becomes illegal, I would probably play safe and disclose them. |
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A cop with his hand in the till is hardly surprising.
This one is just sophisticated enough to recognize that bitcoins are money too.
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If BTC has appreciated by 10%, you can't call it stable.  The Euro has been relatively more stable in the aftermath of Brexit. |
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Bitcoin is fast in terms of the usual money transactions so this factor is one of the good things to consider of customers.
Just hope that more merchants will accept bitcoin payment option.
The number of merchants accepting bitcoin is increasing. We have some time before we reach the level of acceptance Mastercard / Visa enjoy. But we will get there. |
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Early reports seem to indicate there were only a few winners, though. The exact number remains unknown, but between three and five winners have bought Bitcoin through this auction. Interestingly enough, the winners purchased 13,999, 6,517, and 1,999.99 BTC respectively. Quick calculations tell us 1,999 Bitcoin is missing from the 24,518 BTC total. That particular lot remains unclaimed [at the time of writing]. http://fintechist.com/ey-auction-2000-bitcoin-unclaimed/That is quite a large amount of bitcoins. Was a bid made for this lot and the winner hasn't come forward to claim them? I don't think there was a minimum bid amount specified for the bitcoins. |
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If I am right, the fall happened before the brexit vote.
If anything, the price of Bitcoin has increased after brexit
Nobody could have been confident enough to convincingly bet on a Brexit before the event occured.
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yes you are right, it is the problem with people that how they use bitcoin, bitcoin is only a currency and with that good people do good activities while those people who have black mind do wrongs with that.
Black mind? That sounds a little racist lol im not sure that's what you meant or anything but BTC is used for illegal activities and the best we can do to stop it is just to stay away from it ourselves and make sure our friends dont do it. You have to look at the bright side of btc sometimes and the brightside is we're making bank off of something online. If black mind is racist, so is black market or black sheep. Bitcoin being used for illegal activities does no harm to it, except in the minds of people who don't realize it is just a tool. Technology enables good guys as well as bad guys. |
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Retirement is a very big decision.
If you have enough bitcoins, that swapping them for fiat and investing them in risk free bonds would give you income which is greater than your current income, you can think of retiring.
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Just ask any economist what "currency" has performed the best over the last couple of years and they would agree that it was supposed to be Bitcoin. {Many people do not acknowledge Bitcoin as a currency, but rather a commodity or a store of value}
The time period is very convenient. If you look at the last 2 calendar years, 2015 was good for bitcoin. 2014 was definitely not. No economist is going to place much importance on such a small timescale. |
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This is a pretty big deal.
I wonder how the Chinese government will react.
If the volumes increase significantly, they will snuff it out like a bug. They wouldn't want their tight capital controls to be by-passed. |
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People will want to convert bitcoin into paypal only if you want to immediately spend it.
It would be foolish to hold much money with a provider who can freeze it at will.
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I thought a bounceback was on the way, since Bitcoin had dropped from $750+ to $600s.
It may be tough to deduce causation, but the brexit could have been one of the reasons for Bitcoin's recovery.
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With revenues of bitcoin I would be able to help my income and sometimes I used to buy things like clothes, food, etc. There are no specific plans as I only use bitcoin as an extra income.
If you have genuine needs, then using the bitcoin to make ends meet is good. Otherwise, hold on to the bitcoins you earn. It is possible that it will make you rich one day. |
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You can't be too careful when money is involved.
If people can go to great lengths to social engineer on facebook/linkedin, they will more willingly try it when money is involved.
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This new auction by Ernst & Young will undoubtedly attract a lot of attention as well. A total of 25,518 Bitcoin is up for sale, divided into different lots. Bidding is open for a 48-hour period, and the auction started at 12:01 AM AEST. Given the current Bitcoin price trend, it is likely the winner of these lots will pay a premium price. http://fintechist.com/ernst-young-bitcoin-auction-underway/The Government of Australia seems to have got its timing right. A nice run up in Bitcoin's price and increasing interest from investors will result in a neat profit for the government. |
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I always thought that japan made BTC because of the name Nakamoto it is fundamentally suggestive that it has been invented in that country. However this person is not identified let alone japan what they want to love.
That is a red herring. People who analyzed Satoshi's writing style feel he is western-educated. |
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