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Wouldn't that mean that one Bitcoin would need to be $100M?? Can't see that happening in 7 years.
Maybe it could be '1 Sat = $0.01' by 2025 but even that would be very optimistic, but not impossible
I believe in it to keep rising into the future!
Maybe it could be '1 Sat = $0.01' by 2025 but even that would be very optimistic, but not impossible
I believe in it to keep rising into the future!
Re: Ignore the red candles, play premier league fantasy sports with XFT
Hi,
I've entered the 'Footy Cash FREE Premier League Competition'
Seem's to work well
(There is a spelling error, (Competition) I know it's only Beta but just thought I'd let you know)
Best regards
I've entered the 'Footy Cash FREE Premier League Competition'
Seem's to work well
(There is a spelling error, (Competition) I know it's only Beta but just thought I'd let you know)
Best regards
I think most governments oppose Crypto initially due to the scale of the change that it will bring, nobody likes change especially when the control is taken from them! I think that all of us in this forum and anyone involved in Crypto agree that it is the future (in 2,5,10 or 15 years we will be saying 'remember that FIAT money bullsh*t'). I hope that the UK is one of the first to begin accepting Crypto as something that's not going to go away and the sooner they welcome it the better chance they have to benefit themselves from the growth as others take on the challenge.
I also think that the bans, sanctions and regulations that try to be put in place against Crypto are more of a knee-jerk reaction to power being taken from them and a temporary action to try buy time. Governments only want control, if something is out of their control then it must be stopped (in their narrow minded heads). So we can expect that it's going to happen, all we can do as Investors/Hodlers/Traders/Enthusiasts is ride the storm and wait for the sunshine
I also think that the bans, sanctions and regulations that try to be put in place against Crypto are more of a knee-jerk reaction to power being taken from them and a temporary action to try buy time. Governments only want control, if something is out of their control then it must be stopped (in their narrow minded heads). So we can expect that it's going to happen, all we can do as Investors/Hodlers/Traders/Enthusiasts is ride the storm and wait for the sunshine
It's posts like this that make the rest of us laugh. Millenials think that just because Bitcoin is new and digital, that it's going to change the world and the rest of us just don't understand it. Did it ever once occur to you that maybe YOU'RE the one that doesn't understand? Fiat money going away? That's absurd. You obviously know absolutely nothing about finance, economics, or financial markets. Maybe I'm being harsh, but sometimes you just have to slap people in the face to get their attention.
It's possible that Bitcoin may indeed play a role in the economy of the future, but it will be a much different role than what you're currently envisioning. It can't replace fiat money because a currency with a fixed amount is deflationary, and therefor cannot possibly work in a growing economy. There's a dozen other reasons that I won't bother going into, but I would suggest you do some REAL research on finance and monetary systems and stop listening to your friends. They don't know any more than you do. Good luck.
Laugh all you want, doesn't change my opinion. Millenials?? How old am I then?
It is going to change the world you absolute goon, do a bit of your own research and you will see the potential not only to change the way we see money but much more, I'm not going to waste my time trying to explain my point, just go and find out for yourslef and decide whether to believe in it
I know nothing about finance then, okayyyyyyy
you need to reconsider when posting and quoting people, you can't tell me what I know and don't know, because you know nothing about me!
I think most governments oppose Crypto initially due to the scale of the change that it will bring, nobody likes change especially when the control is taken from them! I think that all of us in this forum and anyone involved in Crypto agree that it is the future (in 2,5,10 or 15 years we will be saying 'remember that FIAT money bullsh*t'). I hope that the UK is one of the first to begin accepting Crypto as something that's not going to go away and the sooner they welcome it the better chance they have to benefit themselves from the growth as others take on the challenge.
I also think that the bans, sanctions and regulations that try to be put in place against Crypto are more of a knee-jerk reaction to power being taken from them and a temporary action to try buy time. Governments only want control, if something is out of their control then it must be stopped (in their narrow minded heads). So we can expect that it's going to happen, all we can do as Investors/Hodlers/Traders/Enthusiasts is ride the storm and wait for the sunshine
I also think that the bans, sanctions and regulations that try to be put in place against Crypto are more of a knee-jerk reaction to power being taken from them and a temporary action to try buy time. Governments only want control, if something is out of their control then it must be stopped (in their narrow minded heads). So we can expect that it's going to happen, all we can do as Investors/Hodlers/Traders/Enthusiasts is ride the storm and wait for the sunshine
The reason being that I can leave the Ledger in 'Browser Supported, Yes' if you know what I mean, for some reason I don't want to use the Ledger wallets provided within the Ledger app.
Just so you know... that setting is per "app" on the Ledger Nano S device. They don't ALL have to be Browser=YES or Browser=NO. So, you can select the wallet you like best for each coin and set the browser support as required. Ie. you can set BTC to Browser=Yes, BTG to Browser=NO, LTC to Browser=NO, DASH to Browser=YES etc.Yes, you can. I didn't realise but yes of course the browser support setting is different for each type
Thanks again for the help, I really do appreciate the help!I think there is no such online app which would support all coins supported by Ledger Nano S except Ledger apps in Chrome.But if you do not like Chrome apps,for BTC you can use Electrum in combination with your Ledger : https://support.ledgerwallet.com/hc/en-us/articles/115005161925-How-to-use-Electrum-with-your-Nano-S
There is also Electrum clones for LTC,DASH and BCH(ElectronCash),but I am not sure if this versions of wallets support Ledger Nano S.
There is also Electrum clones for LTC,DASH and BCH(ElectronCash),but I am not sure if this versions of wallets support Ledger Nano S.
Great, that seems like just what I was looking for. I don't want one that supports both, just a good one for each
Thank youMyetherwallet is only for ETH and ERC20 Tokens. For other coins (must be supported by Ledger already) then you need to download the Ledger Manager and here is a step by step tutorial on how to add Litecoin (applies for other coins).
Great, thanks
I'll have a look! I was trying to avoid using the ledger Apps hence the MyEtherWallet use on ETh/ERC20 Tokens, I was hoping for a similar online application like MEW that takes all other coins (If one exists) and then I would use MEW for ETH/Tokens and another one for BTC, LTC etc. The reason being that I can leave the Ledger in 'Browser Supported, Yes' if you know what I mean, for some reason I don't want to use the Ledger wallets provided within the Ledger app.
Thanks anyway!!
Best regards
Hi all, please can someone advise me on best wallet to use for BTC and alts with my Ledger Nano S?
I have my ETH, TRX, BITTO (ICO) and ZRX all used with 'MyEtherWallet' and Ledger but I'm not aware of a BTC equivalent that i can use for BTC, LTC etc. as simply as the MEW one.
Thanks and i appreciate any help given.
I have my ETH, TRX, BITTO (ICO) and ZRX all used with 'MyEtherWallet' and Ledger but I'm not aware of a BTC equivalent that i can use for BTC, LTC etc. as simply as the MEW one.
Thanks and i appreciate any help given.
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...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.
Then you would have to note that in your yearly tax claim.
That's about it.
The problem shows up on my tax claim in my country. I can't by 12 Lambos and say oh I have earned them with my 3000$ sallary (I have 900$ sallary and average in my country is 450$).
They will ask how did you get it. If I say I earned on investment in crypto, they will not recognize crypto and then what. Bank statement ,,I got it from that account'' is not gonna work.
The question remains how did I earn it.
Surely if you bought '12 Lambos' directly with BTC it's got nothing to do with anyone how you got them. Once you own it/them (which you would because they take BTC payment), it's yours and how you acquire such assets does not involve anyone but you and the dealer, someone could have given you it, either way i dont think you would need to declare it! That's just the way I see it though
That's the way you see it but there's also the law where you have taxes, so you have 300$ earnings monthly and can afford a lamborghini, ferrari, 3 flats adn you're paying taxes depending on that 300$, well that you might be avoiding tax... You even have to pay taxes when selling stuff on ebay or amazon, but not many people (don't know anyone who does this) actually pay taxes for that.
Yea I see what you mean. It's not income though because technically you haven't worked for it and been paid, you've bought the coins. So if you buy a product of any value directly with bitcoin, then the only tax you should be paying is Value Added Tax (VAT) which here in the UK is included in the price of products. So if i was to buy a Lambo now with Bitcoin, would I really be avoiding Tax? I'm just trying to understand it myself
Hopefully with the way Crypto is growing with awareness and popularity, sometime in the near future we should see banks recognising the issue and providing a service for cashing Coins into Fiat. Once one bank does it they all will, the tax man can't be running around after everyone every time someone converts a chunk of coins.
I hear from some people that when selling a large amount of Bitcoin and having that money hit their UK bank account, the bank has froze their money or notified them they will close their account.
Other people say they had no issues and no one has said anything.
Have you have any problems and more importantly who gave you the best rates and was the least hassle to deal with.
What you will have to deal with is the people in charge of the bank approving the money transfer. When they approve it, you have to make sure that you have enough money left over to pay for the tax...Other people say they had no issues and no one has said anything.
Have you have any problems and more importantly who gave you the best rates and was the least hassle to deal with.
Then you would have to note that in your yearly tax claim.
That's about it.
The problem shows up on my tax claim in my country. I can't by 12 Lambos and say oh I have earned them with my 3000$ sallary (I have 900$ sallary and average in my country is 450$).
They will ask how did you get it. If I say I earned on investment in crypto, they will not recognize crypto and then what. Bank statement ,,I got it from that account'' is not gonna work.
The question remains how did I earn it.
Surely if you bought '12 Lambos' directly with BTC it's got nothing to do with anyone how you got them. Once you own it/them (which you would because they take BTC payment), it's yours and how you acquire such assets does not involve anyone but you and the dealer, someone could have given you it, either way i dont think you would need to declare it! That's just the way I see it though
The key in my experience is to keep transactions small and uninteresting. Don't do $50,000 a month in one transaction. Break it up into $100.24 to $527.43 type transactions daily across 5 or 6 bank accounts.
Good idea, I suppose it would only come to light that way if you were actually in the bank applying for a mortgage or loan etc. Otherwise they shouldn't ever be aware/interested in the traffic (Money In/out vs Declared income) of your accounts
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.
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.
I've been wondering this myself, If you invest and make lots of money or have a significant amount of BTC, you can't exactly just drop it into your bank and have a large sum of Tax free FIAT. I guess we can hope that in the near future companies start to accept it BTC/Alts as payment for assets (Big/Small). I currently use Coinbase which seems quite user friendly with my bank (RBS) but I've only put money in so far (SEPA Payments), I was planning on doing a trial withdrawal but I didn't want to take any money out haha. So I still don't know what I will do in the future to cash in, if the worst comes worst, Lamborghini accept Bitcoin as payments i think
Good luck in your transactions and I hope they don't freeze your account!!!
Re: When BTC Drops below $10k will you be a 'believer' in the CULT? or Will bail?
I will definitely hold what I own and buy more on every dip - which I think is a golden opportunity. I already preserved my capital and cashed out my profit but I left some to hold for the future. Everybody knows that the technology behind bitcoin is a revolutionary innovation in the financial system so, it is better to hold what I don't need now than to need it in the future but I don't have it.
Seriously? Do u believe your own bile?
You clearly are not a programmer, there is nothing new about BTc,
What's clever at best is that it organically grew because geeks cultivated it, but now those same geeks are rich and have moved on, and leaving the masses of idiots holding the bag,
I think when somebody says "Everybody knows" you must watch out, and when everybody includes what nobody knows, say C++, or ECDSA, or SHA, what do they know? That what is new? Well NSA said in 2015 that all the core of BTC was obsolete, so which is it?? Is it new or obsolete, or is the NSA not with the gutter idiots know nothings?
Seriously, I'm a programmer, and I have spent my life on this shit, and I don't see anything new or special about BTC, or the block-chain, or the transactions and their cute little 1950's hex-hash encodings, ... its on an idiot who doesn't have a clue about computer-science can say that 'btc' is revolutionary, there is nothing about BTC that is special, even the choices of the algo's to a real comp-sci person its obvious that BTC was written by non-experts in the field
If you don't like it why are you on here banging on and slagging it off, don't post if its just negative shite. Nobody in this forum wants to read this! Just go and relax somewhere and stop trying to drag other people down with you
This is normal, people are panicking right now because of the recent downward movement of bitcoins. Well it seems it is looking like a bearish situation right now, but I am sure this is temporary. As so far the negative news coming from Asian governments are not really final. More on it is like what happened a few months ago when China's officials were "talking about regulating bitcoins exchanges". Which did not really happen, but those rumors just drove btc prices down. If nothing happens within the month for sure prices will go up again. Consider this as an opportunity to buy into bitcoins.
I understand the panic and you would expect holders to be concerned at a minimum but to completely belittle BTC I think is inappropriate especially now, people are going to be reading this post/comments and thinking 'shit, I better sell now', which isn't good for anyone! It's not as if it is constructive criticism.
Re: When BTC Drops below $10k will you be a 'believer' in the CULT? or Will bail?
I will definitely hold what I own and buy more on every dip - which I think is a golden opportunity. I already preserved my capital and cashed out my profit but I left some to hold for the future. Everybody knows that the technology behind bitcoin is a revolutionary innovation in the financial system so, it is better to hold what I don't need now than to need it in the future but I don't have it.
Seriously? Do u believe your own bile?
You clearly are not a programmer, there is nothing new about BTc,
What's clever at best is that it organically grew because geeks cultivated it, but now those same geeks are rich and have moved on, and leaving the masses of idiots holding the bag,
I think when somebody says "Everybody knows" you must watch out, and when everybody includes what nobody knows, say C++, or ECDSA, or SHA, what do they know? That what is new? Well NSA said in 2015 that all the core of BTC was obsolete, so which is it?? Is it new or obsolete, or is the NSA not with the gutter idiots know nothings?
Seriously, I'm a programmer, and I have spent my life on this shit, and I don't see anything new or special about BTC, or the block-chain, or the transactions and their cute little 1950's hex-hash encodings, ... its on an idiot who doesn't have a clue about computer-science can say that 'btc' is revolutionary, there is nothing about BTC that is special, even the choices of the algo's to a real comp-sci person its obvious that BTC was written by non-experts in the field
If you don't like it why are you on here banging on and slagging it off, don't post if its just negative shite. Nobody in this forum wants to read this! Just go and relax somewhere and stop trying to drag other people down with you
'Saying your too late to Bitcoin is like someone saying they are too late to start using the internet' I heard that on a video and it seemed to capture the issue of later arrivals, you can never be too late to start using something so powerful and innovative. It's technology that has the potential to make big changes to this world so start using it whenever you want, its going to be around and its only going to become more popular!
Thats rigth, I am too late also if I consider that statement. This is my first post since a friend introduced me to cryptocurrencies. I was overwhelm buy the opportunities it brings and I start to learn from this site.
Its not too late in my opinion ,bitcoin is just barely 10 years old, and its still not mature for me.
The only thing that your late for is buying cheap (less than 1000 dollars), because that's in the past and has happened, its not going to drop to that! But your not too late to buy coins or fractions
you've done the biggest thing and that's having interest in getting involved, your here now and this forum is full of useful information and guidance, you wont really need to look anywhere else for advice because this forum holds a vast amount of experienced, knowledgeable and very helpful people!'Saying your too late to Bitcoin is like someone saying they are too late to start using the internet' I heard that on a video and it seemed to capture the issue of later arrivals, you can never be too late to start using something so powerful and innovative. It's technology that has the potential to make big changes to this world so start using it whenever you want, its going to be around and its only going to become more popular!
Re: 🚀🔥🚀[ANN][ICO]BITTO 6 IN 1 EXCHANGE-LENDING(COPY TRADE)POS v3.0|MLM|🚀🔥🚀
Hi Nicos,
Thanks for the info!
So when the ICO opens is there an address to send ETH to in ordered to buy BITTO, and the custom token in MEW (BITTO) will show a balance after a day or so?
Thanks
Thanks for the info!
So when the ICO opens is there an address to send ETH to in ordered to buy BITTO, and the custom token in MEW (BITTO) will show a balance after a day or so?
Thanks