well bitcoin not only kills the income tax but kills a lot of stuffs and processes atfirst it was good but currenct mining fees is really creatinghuge problem but no matter how hard the time is we can still manage wipe this mud aside and clean our path. it will take sometime but soon we can have faster transactions with lower fees
It is not true that bitcoin will kill income tax because the government can implement a tax when you cash in through the exchange and you only need to pay for the assets you have in liquid form and as long as your assets are in bitcoin you never need to pay any tax and that is how things are going to be and that is how the governments will be implementing regulations around that to get tax when ever you are cashing out. |
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Everyone so far seems to have given the expected response  I wouldn't use it either but there are benefits to it. You don't have to trust sites to store and secure your password. In the event they do not properly secure your passwords a hack or database leak could mean your password is public and can be used to login to other sites where you have used the same password. But you should be using a different one for each site anyway  Using login via Facebook etc means that is not a problem. There is no password to leak. If you are really spending your time online make sure you are using a different password in each and every site and if that is the case there is not much of a problem even if your passwords are leaked and it is a breach in a gambling site sure you will be losing your coins you are holding their,so it doesnt matter if you are using social media logs or not. A player could also create fake Facebook account to use for password but then if they are going to go to the hassle of doing that then they probably are the type to use fake email and unique passwords etc.
Creating fake social media accounts to log into a gambling site takes a much longer time than logging using the conventional way which is much better. |
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It was just a simple warning to the users to be cautious while dealing with bitcoin as you cannot claim for the damages if the company you are dealing runs away with your savings and nothing more.If people from China and India adapt to bitcoin that is more than enough to see a spike in the price of bitcoin as they are the largest populated countries . |
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The core team has to come up with a solution regarding the transaction delay as well as the increasing price of transaction and if this continues like this you can imagine the amount of transaction fees they you need to input a couple of years from now.I think with the recent code changes the core are telling us that bitcoin is not meant for micro transactions.
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Question about transaction fees for withdrawing - do you plan to add more options with larger fees for faster withdrawing? It could be really helpful in some situations. As I understand, right now it's a flat 0.0002 BTC for all withdrawals.
Rather than just increasing fees to get fast confirmation on transactions they can send payments in batch with same fee but you may have to wait till other members request payout. I have seen this done by many other trading platforms, poloniex to be exact. It is easier said and done,it all depends on the amount of users trying to withdraw at a particular time.They can announce a certain time in which all withdrawals are processed per day and they can send everything with a higher fees which makes things easier rather than waiting for a day or two when using low fees. |
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According to coindesk the present bull run was fueled by shorts closing, hence powering price up with more thrust, as well as a lack of sell orders on many exchanges, which created a liquidity vacuum that allowed price to rise quickly, may be that is the truth as there was no other news other than the uncertainty created by Trump.
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So we see 4digit price twice this year from being 3digit. Hope this rise is not just because of the recent chinese new year. If its not and this would continue. I guess theres a chance that we can see an all time high this year.
The possibility to see an all time high this year is expected and almost all of the so called pundits are calling for a price range above $2000 this year and with the global economy in crisis and with the current situation all around the world it is quite certain that people will start investing in bitcoin and there by the price increases accordingly. |
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Real Socidad is facing Osasuna and they just need one point to qualify for a spot in the champions league and Osasuna on the other hand is winless for a very long time and are yet to win a game in 2017 and so my prediction is that Real Socidad will win the match as they are really strong at home.
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I am interested to be a signature campaign, but I do not know the rules and how to apply. Can anyone tell me?
Signature campaign is best way to make money but managing signature campaign is tough job, you need to take care of all the participants and payouts. Before applying to that job i you need a experience of managing spreadsheet and giving updates daily. I accept the fact that managing a campaign is a hell lot of work than being in a campaign as you have to monitor every post from the users and the head ache increases if you are managing a really big campaign as you have to count the number of posts as well as the quality and make the payment in time.Patience is the key to become a campaign manager and you have to build up a good reputation and you can very well contact the advertisement party if you really wanted to manage the campaign. |
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It is a good move by the UAE governent as they are controlling everything when it comes to implementation of rules and regulations and UAE being the hub for international business it is a positive sign for things to come and hope every countries will have a open thought when it comes to bitcoin.
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Looking forward to seeing the return of The Korean Zombie, a very exciting fighter with great heart. He's been out of the MMA game for a few years because he served in the Korean military, so it'll be a tough return fighting Bermudez. I still think he will come out with the win though.
It is a really tough fight to predict as ring rust will be a major factor here because to be out of the fight game for three years is a really long time and his return fight is against a tough opponent in Bermudez ,he should have faced someone with less pedigree on his return fight. |
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China is controlling the price market through miners mostly. Users are of course from everywhere not just from China. That recent news of having tightening rules for miners was caused of price crashed in very recent past where it took to Bitcoin from 1167$ to 700 and some. This is enough to see Chinese control on the Bitcoin.
This is infact a true statement that the price of bitcoin is basically controlled by the Chinese as they would find a way to crash the price in multiple situations with fake news and reports and i am sure they are making a hell lot of more money with the changes in price and with the amount of mining power they have ,they have the advantage. |
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I've always been under the impression that bitcoin is completely anonymous but the more I read about it, the more I'm starting to be convinced that it isn't. There would be ways to track the money. There may be services like mixers that might help in the process but these companies could eventually find themselves under government surveillance. Never underestimate the state's capacity to use force.
Though it might seem troubling that they'd probably get around to tracking how we use our money, that's not always a bad thing. Everyone would probably agree that it's our obligation to pay taxes and that most money laundered have been made by stealing people's money (scams, hacking, etc) or exploiting them (drug sales, prostitution rings, etc).
Bitcoin is not completely anonymous but you can very well be anonymous if you really wanted to be.Unless and until you prefer to enrol your coins in an exchange it is fine other than that it is quite obvious it can be tracked through the open ledger which can be viewed by anyone. |
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The major issue right now is the transaction fees and the transaction delays.They have find a way to fix this up before it is too late.It is really frustrating to sit on your coins to get processed even to get alteast one confirmation while you are planning to purchase some alt coins and with the price blockchain is really slow and hope the core devs will come up with something for these issues.
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I think to become mainstream bit coin has to become centralized as currency. In that sense that it should be accepted on the governments level and not to be accepted as some danger currency that may be used by terrorists in their activity. I don't see a minus in bitcoin as currency, maybe is only that fact that it's changing it's price so fast.
So you are talking against the concept of bitcoin as bitcoin is simply created on the concept of a decentralized tokens and not a centralized one .It is a good thing that the government are not accepting bitcoin to be used on a daily basis to buy products but then we as a user has several options because of the scope of usage is pretty vast.Volatality attracts traders and that too good for the coin and the disadvantages is that transaction delays which is really annoying . |
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Well both projects look promising but if I have to choose one,I would definitely go for Qtum as they already have raised million dollar,all their dev team includes well known figures and they have some very unique idea of combining etherium and bitcoin platform
I am not sure how these things are true and since i am not following these coins as there is a coin released every week and it is really difficult to keep track on everything and both of them have invested heavily into advertisement and hope they will be a good project so that we will be having more options while hitting the exchange. |
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Trading is better than investing ,cause investing makes your btc in danger or in risky condition. But in trading your btc is safe and less risk. Your in control of your btc .
What is the real difference between crypto trading and investing ? you are investing in one coin or the other .If you are talking about investing in ICO's and scam coins you see only in yobit it would be true .Trade only high volume coins and then you are sure that you wont loss if you are able to invest at the right time and book the profit at the right time. |
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Unfortunately the bankings are just adoption blockchains technology
they still didn't adoption bitcoin become digital currency on their business
they have adopted blockchains technology for making easy services on their business.
The technology behind bitcoin is the greatest invention and so is the reason blockchain is being adopted or planning to adopt by major financial institutes.Adopting bitcoin as a mode of payment depends upon individual business owners as it is not a adopted by the majority of people.Once the demand increases then you could see major business accepting bitcoin as a mode of payment and inorder to do so they have to sort the transaction delay we are facing right now. |
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Bitcoin seems to have varying price, which is not found with other currencies. Even for just holding within the wallet the variation happening in relation to time benefits us. For this reason I used to buy bitcoin often with the small amount that I can afford expecting the small saving to help for big deeds in the future.
The high volatility is the only reason i am interested in trading in bitcoin and i am earning a good amount profit with the investments i have made in the past one year.The volatility allows you to purchase the coins at bottom with every correction and allows you to sell at a good price on the bull run. |
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Well, I know that the price of bitcoin is important from a cryptocurrency, especially bitcoin. it always affects the action of a bitcoin users, such as selling or buying. bitcoin prices are always monitored, to make something profitable. if you do not pay attention to the price, you'll probably lose.
The price is really important if you invested your money in bitcoin.Only people who aquired bitcoin when it was really easy to mine would never bother the price of bitcoin but the rest of them would as they have invested a lot of money into the coin.I have personally invested a lot of money in bitcoin and i am trading so the price does matter to me. |
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