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Showing 20 of 31 results by Jerry Patterson
No our platform is not like waves and our team would like to remain in stealth mode because the members prefer to participate in more than one project anonymously.
Our project is not a wallet neither a decentralized exchange..
We intend to be for the crypto world what bloomberg platform is for the forex world..
For the future implementation of the exchange as our team has decided will there are independent companies to make the crypto exchange through your wallets..
This could be made through several ways but will know in the future..
Thank you for your feedback
Our project is not a wallet neither a decentralized exchange..
We intend to be for the crypto world what bloomberg platform is for the forex world..
For the future implementation of the exchange as our team has decided will there are independent companies to make the crypto exchange through your wallets..
This could be made through several ways but will know in the future..
Thank you for your feedback
Looking forward to this, I will be willing to support this project.
I did the work....filled out the required information....helped the company spread their word...but no reward.
Should I continue to help those who do not help in return?
Should I continue to help those who do not help in return?
I would consider myself to be agnostic on this issue.
If there is proof in a creator / God...I will believe.
If three is proof of evolution...I will believe.
There is no proof either way....it is a theory!
If there is proof in a creator / God...I will believe.
If three is proof of evolution...I will believe.
There is no proof either way....it is a theory!
Bitcoin is getting stronger while it lasts which can be seen in its price now. However, there are factors which I think Bitcoin will be destroy. First, when the power/internet was turned off because we all know that Bitcoin is dependent on the internet. If that happened and when the internet connection come back again, the value might reset back to zero. Second, the government. They might ban Bitcoin when they feel it as a threat to their economy. Third, when a person or group of people hacked accounts especially those users with a huge earnings. Lastly, if there's a new coin with the potential to be popular to many users.
Agreed, the internet is the most important aspect of the possible destruction of Bitcoin. Governments might be able to try to destroy Bitcoin but if people have access to the web, they will fail. Hackers are a problem for everyone in the world.
I think the distributed ledger / block chain technology will last forever and become a part of normal, everyday life for human beings.
As for Bitcoin surviving...not forever, nothing lasts forever
As for Bitcoin surviving...not forever, nothing lasts forever
I would like to think Bitcoin has changed our lives for the better. People are starting to become aware that their is another way for people.
I think distributed ledger will change the way the world does business.
I will support crypto for as long as i live
I think distributed ledger will change the way the world does business.
I will support crypto for as long as i live
I would support Bitcoin and cryptocurrency as money in the future, for sure. We have to stay strong with our belief and be patient, the time will come when the majority of people in the world will use cryptos
Re: [ANN][ICO NOW!] 💠 FORTY SEVEN BANK 💠 – Connecting Financial Worlds
This is excellent;
To provide safe, innovative and user-friendly financial services and products to our customers individuals, businesses, developers, traders, financial and governmental institutions.
Forty Seven Bank is a bridge capable of connecting two financial worlds and establishing efficient communication between them, a communication that will open up possibilities to level up the whole modern financial system.
That says it all, great concept. Good luck team, you have my support
To provide safe, innovative and user-friendly financial services and products to our customers individuals, businesses, developers, traders, financial and governmental institutions.
Forty Seven Bank is a bridge capable of connecting two financial worlds and establishing efficient communication between them, a communication that will open up possibilities to level up the whole modern financial system.
That says it all, great concept. Good luck team, you have my support
I like this response
I agree, teenagers are use to the digital world and would pick things up quickly.
Bitcoin can be difficult to explain but so can money and what teenager really knows how that works, hell most people don't know how money really works.
I think a teenager would probably be the easiest generation to teach bitcoin to, you don't need to teach them the whole in's and out's just a bit about public/private key pairs, sending/receiving addresses and secure coin holding and they will pick up the rest very quickly.
I think a teenager would probably be the easiest generation to teach bitcoin to, you don't need to teach them the whole in's and out's just a bit about public/private key pairs, sending/receiving addresses and secure coin holding and they will pick up the rest very quickly.
I agree, teenagers are use to the digital world and would pick things up quickly.
Re: I am pretty confident we are the new wealthy elite, gentlemen.
http://astrohacker.com/ahc/bitcoin-is-the-economic-singularity/
After reading this, the scale of black market and digital economies and the effect Bitcoin will have on them I am pretty certain we are going to be very wealthy men -- even with a sum as small as 10 Bitcoins. It's just so hard to believe. We are only in the beginning storms with these significant rallies from 10 to 20 dollars. I will not be surprised to see prices from hundreds to thousands in the coming months.
The world just isn't going to be the same and we have been blessed as the pioneers.
What are you going to do with your Bitcoin wealth once your coins hit upwards of $10,000 a pop?
After reading this, the scale of black market and digital economies and the effect Bitcoin will have on them I am pretty certain we are going to be very wealthy men -- even with a sum as small as 10 Bitcoins. It's just so hard to believe. We are only in the beginning storms with these significant rallies from 10 to 20 dollars. I will not be surprised to see prices from hundreds to thousands in the coming months.
The world just isn't going to be the same and we have been blessed as the pioneers.
What are you going to do with your Bitcoin wealth once your coins hit upwards of $10,000 a pop?
This is the first comment from 2011.
We just hit $10,00 a pop!
That was only 6 years ago, where will it be in another 6 years i wonder
The Australian government is very open to Block-chain technology and has supported Australian ICO - Power Ledger. The Australian Taxation Organization (ATO) has the following to say about Bitcoin and Cryptocurrencies.
Transacting with bitcoin
Transacting with bitcoin is akin to a barter arrangement, with similar tax consequences. Our view is that bitcoin is neither money nor a foreign currency, and the supply of bitcoin is not a financial supply for goods and services tax (GST) purposes. Bitcoin is, however, an asset for capital gains tax (CGT) purposes.
You need to keep the following records for bitcoin transactions:
the date of the transactions
the amount in Australian dollars (which can be taken from a reputable online exchange)
what the transaction was for
who the other party was (even if its just their bitcoin address).
Using bitcoin for personal transactions
Generally, there will be no income tax or GST implications if you are not in business or carrying on an enterprise and you simply pay for goods or services in bitcoin (for example, acquiring personal goods or services on the internet using bitcoin).
Where you use bitcoin to purchase goods or services for personal use or consumption, any capital gain or loss from disposal of the bitcoin will be disregarded (as a personal use asset) provided the cost of the bitcoin is $10,000 or less.
Using bitcoin for business transactions
If you receive bitcoin for goods or services you provide as part of your business, you will need to record the value in Australian dollars as part of your ordinary income. This is the same process as receiving non-cash consideration under a barter transaction. The value in Australian dollars will be the fair market value which can be obtained from a reputable bitcoin exchange, for example.
When receiving bitcoin in return for goods and services, a business may be charged GST on that bitcoin. If the supply of the goods and services was a taxable supply, the business will be able to claim input tax credits on the GST charged on the bitcoin they received as payment.
I think the Australian will be a leader in the Block-chain technology and cryptocurrencies
Transacting with bitcoin
Transacting with bitcoin is akin to a barter arrangement, with similar tax consequences. Our view is that bitcoin is neither money nor a foreign currency, and the supply of bitcoin is not a financial supply for goods and services tax (GST) purposes. Bitcoin is, however, an asset for capital gains tax (CGT) purposes.
You need to keep the following records for bitcoin transactions:
the date of the transactions
the amount in Australian dollars (which can be taken from a reputable online exchange)
what the transaction was for
who the other party was (even if its just their bitcoin address).
Using bitcoin for personal transactions
Generally, there will be no income tax or GST implications if you are not in business or carrying on an enterprise and you simply pay for goods or services in bitcoin (for example, acquiring personal goods or services on the internet using bitcoin).
Where you use bitcoin to purchase goods or services for personal use or consumption, any capital gain or loss from disposal of the bitcoin will be disregarded (as a personal use asset) provided the cost of the bitcoin is $10,000 or less.
Using bitcoin for business transactions
If you receive bitcoin for goods or services you provide as part of your business, you will need to record the value in Australian dollars as part of your ordinary income. This is the same process as receiving non-cash consideration under a barter transaction. The value in Australian dollars will be the fair market value which can be obtained from a reputable bitcoin exchange, for example.
When receiving bitcoin in return for goods and services, a business may be charged GST on that bitcoin. If the supply of the goods and services was a taxable supply, the business will be able to claim input tax credits on the GST charged on the bitcoin they received as payment.
I think the Australian will be a leader in the Block-chain technology and cryptocurrencies