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Showing 10 of 10 results by proteuspass
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Board Bitcoin Discussion
Re: Don't be so sure about Bitcoin price correction
by
proteuspass
on 02/11/2017, 14:30:50 UTC
There will come a time not in a very distant future when 10 sats = 1 unit of fiat.
How long do you think it will be?  I'm thinking around 50 years.
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Board Legal
Re: tax on bitcoin
by
proteuspass
on 02/11/2017, 14:11:48 UTC
what are the ways government can apply tax on bitcoin....

how to pay tax on bitcoin..... in any country.....
They could only really tax it by making you have to pay when you turn it into fiatt currency. Bitcoin itself, I doubt they can do anything to tax it.
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Board Bitcoin Discussion
Re: How long bitcoin will survive ?
by
proteuspass
on 02/11/2017, 13:50:38 UTC
It's going to survive for a long time,  as it's more powerful than the dollar and can be easily transferred via the internet.
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Board Bitcoin Discussion
Re: which is the best for bitcoin?
by
proteuspass
on 02/11/2017, 13:39:19 UTC
i am new here ..But donot inderstand which is the best wallet for bitcoin. I want to know which online wallet is the best for bitcoin and which wallet fees is low .
I would say coinbase,  it's as secure as an online wallet can be,  and it lets you send without fees to other coinbase users I believe.  Hope this helps!  Smiley
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Board Legal
Re: After China, India may ban Cryptocurrency Trading - Finasko.com Reports
by
proteuspass
on 02/11/2017, 13:11:23 UTC
According to a news report, a Government panel has advised to close bitcoin and cryptocurrency exchange/dealers in India. How it can impact bitcoin ecosystem? After China and India, It can influence other countries to take similar action. Whats your opinion
It could actually make it stronger in my honest opinion,  if it gets banned,  it will be like books,  people will want it more because it's banned.
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Board Bitcoin Discussion
Re: How to earn more BTC??
by
proteuspass
on 02/11/2017, 12:45:15 UTC
I have been earning BTC through different claiming faucets like BTC clicks, Freebitcoin, Bonus bitcoin, adBTC, Moonbitcoin, Fieldbitcoins with no referrals for about 4 months now. It is so hard. Can someone tell me how can I earn more??   Huh Huh
I hear that there are facebook and twitter things to do for much more bitcoin than from faucets in the service section.  Hope it helps.
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Board Bitcoin Discussion
Re: Are you surprise by bitcoin price now?
by
proteuspass
on 02/11/2017, 12:37:40 UTC
October 29, 2017 Bitcoin price ranges from $6,000 - $6,100 and today, bitcoin price is now $7,000. Are you surprise?

I think, if only those people who planning to invest in bitcoin manage to notice this sudden increase. I think there is a high chance that they will start investing.


A little,  but bitcoin will keep growing and noone can stop it.  With that said,  I'm still wondering how it jumped so much so fast.
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Board Bitcoin Discussion
Re: Bitcoin to eliminate unemployment.
by
proteuspass
on 02/11/2017, 12:30:08 UTC
Almost every country has unemployment problems. There are many young boys who are working unemployed. But the days of settling their turn are over. Now, if you wish, you can earn a lot of money sitting in the house. Bitcoin can earn their unemployment by earning. It can be possible to improve the country by improving their lives by earning bitcoin. That is why Bitcoin among all Habetahale to spread the knowledge of the second day will increase the demand for Bitcoin.
I doubt it,  bitcoin is just a currency,  not a job.  Some people in 3rd world countries don't even have a computer,  so I'm not sure how they would be able to access bitcoin except on their phones (if they even have one of those).
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Board Bitcoin Discussion
Re: Bitcoin is it the Future of Banking ?
by
proteuspass
on 02/11/2017, 12:02:29 UTC
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
While it's awesome,  I don't think anyone really wants to wait for like 30 minutes waiting on it to confirm before being given what they paid for,  for this reason I doubt that it will work for real life transactions due to the risks involved with double spending and such.
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Re: What's your way of spreading Bitcoin knowledge?
by
proteuspass
on 01/11/2017, 21:34:14 UTC
Personally, if I'm in a coffee shop or any store with some people, I pull out my wallet and subtly show them my Xapo debit card. Then they get curious on what kind of card is that since it doesnt look like the usual Mastercard or creditcard. Then I explain it from there on.

What's your way of spreading Bitcoin knowledge? Smiley
I sometimes sell bitcoins in my local area.  This helps spread the knowledge and makes me money.  Smiley