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481  Bitcoin / Bitcoin Discussion / Re: Bitcoin is difficult to accept in countries on: October 31, 2019, 11:02:03 AM
at this time we know that the Blockchain is being discussed in large countries. and some time ago the Chinese president was welcome on Blockchain. But what about Bitcoin? there is still a lot of controversy going on. Even the US (SEC) is still rejecting the given bitcoin proposal. while we know. Bitcoin is the first carrier of Blockchain technology for general use. is it because of the basic bitcoin that has an anonymous background? so it is difficult to be accepted by the state. could bitcoin be separated someday? I mean Blockchain will be positively welcomed in the world. while Bitcoin will remain controversial.
share your opinions.
in my opinion some countries hate bitcoin because they feel it's not profitable even very detrimental to the country, when its citizens invest bitcoin, bank revenue might decrease, especially bitcoin is not taxed, so that the government does not benefit anything, while blockchain technology can be utilized by the government to benefit, because the government can control the blockhain technology they make, but they don't have control over bitcoin.
482  Bitcoin / Legal / Re: 150 million taxpayers will have to answer this crypto ques on new IRS Tax Form on: October 31, 2019, 10:33:15 AM
I think it's very difficult to apply tax on crypto, that's why some countries prohibit bitcoin maybe because crypto is an asset to avoid government taxes, one effective way to collect taxes is through exchanges, the exchange will increase transaction costs to pay taxes to the government.
483  Economy / Trading Discussion / Re: Why did 95% of traders fail and lose money? on: October 31, 2019, 06:45:45 AM
because trading is difficult, many beginner traders are tempted by fantastic profits without wanting to understand the actual market situation, it takes years to understand market behavior, need to study analysis and mental psychology, I myself have been in the trade for many years but still often loses.
484  Economy / Trading Discussion / Re: EMX.com fake project deceive investors on: October 31, 2019, 06:14:09 AM
Fake Emxer,

CEO Jim, please return our 200K investor in 2017 Dec.
Please no kickout us from telegram group.
we want no EMX token which is zero liquidity, keep it to yourself.
We demand our money back.


Stay away from fake site: trade.emx.com



you shouldn't have created a thread here, this is a thread for trade discussion, next time first check before making a thread, You can move the thread here: https://bitcointalk.org/index.php?board=83.0 I hope your problem is resolved quickly
485  Economy / Scam Accusations / Re: ★ Ponzi Scheme - Bitcoin Doubler - repaydouble ★ on: October 30, 2019, 03:59:25 PM
that is the old way to get bitcoin quickly, when they get a lot of bitcoin they usually disappear and the site cannot be accessed, for those who have struggled in the crypto world for a long time, it is clearly fraud, but for beginners they might be tempted with fantastic profits.
486  Bitcoin / Bitcoin Discussion / Re: Dont break rules while trading on: October 30, 2019, 03:45:38 PM
I follow some rules. Am not sure if they will work you for everyone but these are the basics.
1. Keep it simple. Once I tried to gather as much info before start trading. Many indicators, many news, vast analysis made me paralyzed to trade.
2. Avoid crypto trading on weekend and Friday too. Instead enjoy the holidays.
3. Never do Revenge trading, you will only trade whenever you have proper mindset.
4. Never love any asset, emotional trading will kill your investment.

Consider those tips as free gift, not financial advice. Always do your own research

everyone has different thoughts and rules, the rules you make are good but not everyone is suitable to use them, everyone has a different trading style, some are daily traders, some are long-term weekly or monthly, I think there is no problem trading on weekends or Friday, the problem is crypto is not the same as forex which will occur high impact when approaching the weekend.
487  Bitcoin / Legal / Re: How profit from Bitcoin will be taxed in India? on: October 30, 2019, 03:16:45 PM
How profit from Bitcoin will be taxed in India?

Bitcoin is the buzzing word on social media and all want to become rich by investing in the crypto currency. Many Indian despite RBI warning has invested in to Bitcoin few months back and have made handsome gains. The question now remains is the gains on sale of Bitcoin is taxable under Income Tax Act? If yes then it shall be taxed as business Income or Capital Gains or something else ?

Any gain on Bitcoin is taxable as any gain on account of Bitcoin exchange is certainly (100%) taxable because the definition of income u/s 2(24) under Income Tax Act is inclusive, which mean every kind of income unless clearly exempt .

When will Bitcoin Tax Liability Arise

The buying and holding of Bitcoin wont attract any Income tax liability. The selling of Bitcoin will lead to profits or gains which will be considered as Income and taxed in India

Speculative Income

This is debatable on account of lack of any law related to taxation of Bitcoin in the Income Tax Act . It will be determined on the basis of each facts and circumstances. In case of trading it will be considered as speculative income and will attract tax as per slab rate of Individuals.

Capital Gains

If the transaction are not frequent and are in nature of Investment in the currency, it would be classified as capital gains and would attract either long-term capital gain tax or short-term capital gain tax, depending on the holding period. Long-term capital gains tax will be taxed at 20% if Bitcoins were held for at least 36 months. In all other cases, short-term capital gains tax at 30% would be applicable

RBI warning

RBI issued fresh warnings, reminding investors that it has not authorised any entity to deal in Bitcoins and that any investor or trader dealing with virtual currencies "will be doing so at their own risk".

Bitcoin sale by Non Resident

Income from sale of Bitcoins earned outside India and received outside India will not be taxable in India if you qualify as non resident or resident but not ordinarily resident in India. Subsequent remittance of the said income will also not be taxable in India. But since the issue is not a settled concept, there can be possible litigation with the tax authorities on this issue.

Advance Tax and Future

Advance tax deadline is on December 15, Bitcoin investors and their consultants are trying to figure out a way to deal with the returns on Bitcoin investment along with other cryptocurrencies. We can expect some clarity once the Finance Ministry finalises its opinion on a report on virtual currencies that was submitted to it recently. It would be interesting to see if GST will be applicable or not? Only future has answer to it. https://www.expertmile.com
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I think it's very difficult to ask taxes on bitcoin holders, even the government doesn't know who holds bitcoin, if bitcoin is taxed certainly not an individual person, I think the government will ask for direct taxes on local exchanges, maybe a local exchange will increase transaction costs to pay taxes.
488  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: bounty is still potential on: October 30, 2019, 03:01:18 PM
Since there have been many things and issues that are not good about ico and others, according to many members, the potential has declined drastically, can we all choose which one is the potential or not?
There is almost no longer a bounty that should be followed, many scams or fail, I tried to follow some bounties but the results were not satisfying, if you have the capital, you can try to learn to trade crypto.
489  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] SAPIEN ARTICLE CONTEST - 🔥🔥 OVER $1000 IN ETHEREUM* 🔥🔥 on: October 30, 2019, 01:59:11 PM
Isn't it better if you create a campaign rather than a contest, 8 weeks is a very long time for a contest, I think people will be more interested in campaigns than contests, what if there are no more than 20 participants in the contest, will the contest become invalid .?
490  Economy / Trading Discussion / Re: Do expert traders hide their loses? on: October 30, 2019, 01:42:43 PM
I notice that some experts doing online trading journals just show you all their wins, and they hide their loses and anything stupid they did to lose money.  What traders out there sharing their daily trades are The Real McCoy?  I am sure that ever super traders make super stupid mistakes, then they just do not want people to think they did anything stupid. Where are their big loses at? Why do they only show their wins?
there are so many traders who hide their losses moreover it is a famous trader, of course they want to look great, if it shows a loss it will create a bad image for its name, actually this is a natural problem because nothing is perfect and there is no analysis that is 100% accurate.
491  Economy / Trading Discussion / Re: How to start: Daytrading? on: October 30, 2019, 01:29:26 PM
learn to understand market behavior, each altcoin has a different behavior even though most of it follows the movements of bitcoin, specify the altcoin you want to trade, learn to read and understand indicators that fit your taste,
learn to control your emotions so that you are not greedy in profit or panic when there is big movement.
492  Bitcoin / Bitcoin Discussion / Re: Bitcoin Richlist on: October 30, 2019, 01:10:51 PM
50% of the bitcoin held by the top 50 people is not private property but belongs to many people who are stored on the exchange, Exchanges do not have the right to use bitcoin unless the exchange is fraudulent, although bitcoin is the main crypto but not everyone uses it, many choose other crypto alternatives, like in China, the top-ranked crypto is EOS not bitcoin, so in my opinion even though 50% of bitcoin is held by the top 50 people it won't really matter.
493  Bitcoin / Bitcoin Discussion / Re: Where do you invest 60 BTC? on: October 30, 2019, 10:39:04 AM
Suppose you earned 60BTC by working hard for 5 years and one day you decide now you don't want to work then what would you do with that amount?
How would you invest that amount? What will you do? Hold it dreaming the price will rise? Sell it and invest the fiat? or start a business? or retire? Any ideas?  Tongue
60 bitcoin is impossible for me to get  Shocked Grin, but if I have 60 bitcoin, I will divide it into 3 parts, I store 20 bitcoin in a safe wallet or I trade, 20 bitcoin again for real business capital property business, the rest for me to enjoy, buy a house, have fun and also for the holidays.
494  Economy / Lending / Re: Need 200-400usd loan in btc on: October 30, 2019, 06:41:01 AM
You will not get anything without a guarantee, unless you use an account with a legendary rating that has positive trust, then you will easily get a loan, There are some exchanges that provide loan features but you must have capital there as collateral.
495  Bitcoin / Bitcoin Discussion / Re: Do me a favor, tell me really clearly and slowly what exactly a blockchain is? on: October 30, 2019, 06:27:29 AM
that is a common question that crypto users should understand, Blockchain is a system of recording transactions in many databases that are widespread on many computers, With this decentralized transaction record, it is almost impossible to change unilaterally, without changing the majority of all databases.
496  Bitcoin / Bitcoin Discussion / Re: Are there any apps on Android for trading cryptocurrency? on: October 30, 2019, 06:04:01 AM
You should read the thread before asking, because topics like this have often been discussed, This is a thread that discusses the topic about crypto apk: https://bitcointalk.org/index.php?topic=5196795.0
each exchange usually has an apk to trade on android.
497  Bitcoin / Legal / Re: Why has not any government stopped Bitcoin? on: October 29, 2019, 03:27:51 PM
some countries are trying to prevent the growth of bitcoin, but no country can stop bitcoin because bitcoin is digital, like when the government limits internet access to something that is prohibited, there must still be people who can access it, unless there is a government that wants to disable the internet, then bitcoin access will be paralyzed.  Shocked Grin
498  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] EURBASE (EBASE) - The first anti-inflationary stablecoin pegged to EUR on: October 29, 2019, 02:56:42 PM
I hope every country has a stable coin that is pegged with that country's currency, I was a forex trader but I wanted a trading system like crypto, I plan to pair EURBASE with USDT or USDC, but unfortunately EURBASE is only traded on a small exchange and not yet known to many people, I will wait for its development.
499  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Best altcoins for 2020? on: October 29, 2019, 02:40:22 PM
EOS and TRON ​​need to be considered promising altcoin in 2020, EOS and TRON are in the top position in China, As we know, China is one of the biggest crypto miners and also a new world economic power.
500  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: [Exchange] Doge to BTC on: October 29, 2019, 02:24:22 PM
I have 75300 Doge and want to exchange them for their equivalent in BTC, if anyone is interested contact me or reply here please.

what is the reason you want to exchange it here,? there are many safe doge exchanges for btc why would you prefer it here,? although here you also have to pay escrow fees, how much bitcoin do you want for 75300 doge,?
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