50,000 is possible but don't forget it can always go the other direction.
I am not agree with this statement because now demand and price of bitcoin is increasing and we are clearly watching the future of bitcoin, right now bitcoin has started to grow throughout the world and bitcoin is being famous very fast as now small town stores and people are applying bitcoin to make future so it is the root cause of bitcoin popularity and the popularity of bitcoin is the reason that price will reach $50,000 soon so the future is not so far bitcoin is steady moving to the top now.
Forums are being filled with speculation, almost all topics that appear lead to falling bitcoin prices, whether this will continue, this is the right time to buy, blah blah blah. Come on, the storm must pass, let us focus on the positive topics instead of continuing to discuss this 50% decline. Start talking about the positive news from Singapore deputy, bitcoin that has gone up 20% today and others. Think positive and positive things will come.
I agree. Some people are panicking because of the deflation of bitcoin price. I just like the idea, why not to look it as a positive happening. Maybe it is the right time to buy again. It is very important to have a positive approach in our life. It will not limit us, just go with the flow and continue living.
Well we cannot say anything because they will get what they will do so if they are selling bitcoin it will make their saving in vain and no profit they will get, amount of bitcoin is best to save, all of us are now known to the nature of bitcoin so if we will show small patience and will hold our bitcoin then we will be able to get best reward as high profit in future, it is best time to buy bitcoin and hold it so that we will be happy for our decision.
Singapore. As an added bonus, no capital gains tax, no inheritance tax, and no income tax on interest income. So your crypto profits that are converted to fiat and put into fixed deposit accounts (or whatever you like), all of the interest income is tax free. Kind of a boring place to live though, but the perfect place to use as a piggy bank.
Oh my lord.. is this for real? If this truly is legitimate, Singaporeans really are very lucky! Imagine no tax for all these things! Whereas here in my country, tax is killing us! Bloodyhell. I wish i was a Singaporean.
Why do you think it is a boring place to live? From all the pictures amd videos i see, i think singapore is a beautiful place. And very entertaining place to live in.
Well, a lot of countries were just relying on tax, but the worst thing is that they are putting the burden even to the poor people, but we are all glad now we do have a tax reform incurred in our country, as a matter of fact a lot of ordinary people were now tax exempt and can enjoy their salary as a whole.
Fair enough not al people are able to pay the tax it is source of increasing income and money so if people of a country will use bitcoin then they will be able to pay all tax on time and I think government should allow people to use bitcoin legally. Paying of tax with bitcoin is also possible if bitcoin will become legal. China and south Korea is bitcoin haters and they have ban bitcoin but it will not affect price of bitcoin at all even now it will be more famous in other countries like America Japan and India bitcoin has very high demand.
Isn't 2mil usd an overkill to invest in cryptocurrency? You have plenty of options to choose from besides cryptocurrency because currently, cryptocurrencies are so volatile to even invest all of your money to. so better be wise where to allocate your inherited wealth
Why not ? I mean you can gain a massive profit from 2mil usd. Bigger balance bigger profit too, imagine if you invest all your 2mil usd on bitcoin on that day when OP make this thread, he will get a huge profits from it. OP is unactive until now though.
The rule of this is not always the rule mate, I mean you will not have to have fix price and fix amount of bitcoin. Right now I will have to mange my income and my savings. If you will invest in bitcoin the half of your money or maybe 20% only then it will be best and forever bitcoin saving, and when you find it profitable then just make sure it will be safe to invest more and more so then you can make it a business as well.
Post
Topic
BoardEconomics
Re: Holdings of gold vs Holdings of btc
by
Sucros
on 14/12/2017, 10:35:26 UTC
holding of bitcoin is better bitcoin will give you in short term very high profit. and gold is longterm but not will give you more profit.