Search content
Sort by
Showing 20 of 303 results by qwerty12
Yes as soon as possible, this is the period that you must buy and see your money grow, but only invest the money you are ready to lose.
Actually, no body can say exactly which Altcoin you have to invest, everyone has their own research before investing in some Altcoins. But before making an investment, they keep following the rules in mind, such; Is the team efficient or not? Is the white paper clean? What product are they working on?.
I think those are things that investors think before investing.
Actually, no body can say exactly which Altcoin you have to invest, everyone has their own research before investing in some Altcoins. But before making an investment, they keep following the rules in mind, such; Is the team efficient or not? Is the white paper clean? What product are they working on?.
I think those are things that investors think before investing.
I think, we must study Economics because economic studies can provide valuable knowledge to make decisions in everyday life. This offers a tool to approach questions about the desirability of certain financial investment opportunities.
Nobody controls the crypto market. Every participant in the market controls prices, but no entity really controls the crypto market itself. When there are more people buying than selling, the price goes up. Vice versa.
I think the market is down now because FUD or "fear, uncertainty, and/or doubt", because the News Program, represented by written articles, makes its way into the mainstream because of the implementation of the strategic corporate media agenda, which scares crypto traders.
Many factors need to be considered to conclude and answer the feasibility of mining Bitcoin in 2018. I think, Yes, it's still worth, but, that's only if you invest a large amount of capital on a good mining rig. If you do not have time or money, you should stay away from mining and only invest in buying Bitcoin for the long term.
Successful currencies meet three criteria:
(1) they are in widespread use as medium of exchange
(2) they serve as unit of account
(3) they are a stable store of value.
Most sovereign currencies fully meet all three criteria.
What about Bitcoin?
(1) they are in widespread use as medium of exchange
(2) they serve as unit of account
(3) they are a stable store of value.
Most sovereign currencies fully meet all three criteria.
What about Bitcoin?
Among all these criteria, I always believe that Bitcoin fulfills everything well, with the exception of a stable store of value. But, is the value of fiat currency always stable, I don't think so. Therefore, it is very unfair to say that Bitcoin does not meet the currency criteria because of its value not stable.
Quote
What motivates you to Hodl?
I am HODL because above all, there are no vehicles in the world that are better for disrupting traditional wealth distribution than cryptocurrency.Quote
What do you hope for the future?
Mass adoption, also clear regulations. Although cryptocurrency does not crash due to rules or other reasons the media tries to sell to you.Quote
What's your biggest fear?
Sometimes I worry about government policy, where the government can take radical steps without consulting the masses at a certain point in time.Re: Why investors invest in bitcoin though some of them loose it ?
Well, even though some of them are losing, people/investors still believe in investing in Bitcoin because of an undeniable value proposition. And if we speak more wildly, Bitcoin has proven that it is the future of banking and finance. Thus, everyone wants to get the small part in it. In addition, Bitcoin trading has become a very popular source for passive income.
Re: What is affect of SEC's decision with Bitcoin and crypto market?
The US Securities and Exchange Commission (SEC) gave the much-awaited ruling on the pending Bitcoin exchange-traded fund (ETF) proposals and it is not the news cryptocurrency industry was hoping for.
Many crypto fans hope a positive decision can start a new bull run for the cryptocurrency market. But, not everyone is interested in the SEC that affects the market for Bitcoin. A group of Bitcoin supporters argues that the SEC or ETF has no role in influencing market sentiment for the world's top cryptocurrency.
Many crypto fans hope a positive decision can start a new bull run for the cryptocurrency market. But, not everyone is interested in the SEC that affects the market for Bitcoin. A group of Bitcoin supporters argues that the SEC or ETF has no role in influencing market sentiment for the world's top cryptocurrency.
Just simple from me, I think, there is no amount needed before you start trading, but, you have to start with an amount that will allow you to make a profit and cover trading costs.
Ripple just beat Ethereum for a while, some time ago the Market Cap Ripple outperformed Market Cap Ethereum, but, now, Ethereum has returned to second place.
Ethereum - $ 23,641,009,362
Ripple - $ 22,673,636,387
Ethereum - $ 23,641,009,362
Ripple - $ 22,673,636,387
For the best security, you need cold storage. Cold storage on the blockchain world means devices that are disconnected from the Internet. This is the hardest possible security measure to protect the crypto investment from the interests of hackers.
Even if your wallet falls into the wrong hands, a cold storage solution offers advanced encryption to prevent even the most severe hacking. There are several cold storage solutions available on the market today. They are also referred to as hardware wallets like Ledger Nano S and Trezor.
Even if your wallet falls into the wrong hands, a cold storage solution offers advanced encryption to prevent even the most severe hacking. There are several cold storage solutions available on the market today. They are also referred to as hardware wallets like Ledger Nano S and Trezor.
Well, however, the word "safe" doesn't really exist in the investment world, but maybe Bitcoin is the most viable option for us to have some. Because, with Bitcoin becoming very popular, it is likely that the number of retailers and businesses that accept Bitcoin transactions will continue to increase. This in turn will further increase the use of Bitcoin among consumers, which will have an effect when it comes to the value of Bitcoin in the future.
Hey everyone I have heard newbies and other people asking about how safe is the Bitcoins and it's transactions well I think it will be beneficial to have a little discussion on this .
First of all if you own a bank account in a good bank then you should know that its very hard to hack one's bank account, it's almost impossible unless done due to personal flaws, like sharing your key or bank account details or something , you know the system behind Bitcoins and the system behind banking system is same .
Something by the name of cryptography whose Advance form is block chain . It's a complex code involving complex mathematics and the transactions are only completed through very complex and complicated steps impossible to penetrate.
For Bitcoins the same thing operates but with no intervening part or whatsoever , it's p2p direct transactions and this is even more secure and private.
The reason why you hear news like :- someone got their Bitcoins stolen or something is because they have personal flaws , they shared the private keys or the password with someone else..or they used a bad wallet.
It's on you how safe you make it .
First of all if you own a bank account in a good bank then you should know that its very hard to hack one's bank account, it's almost impossible unless done due to personal flaws, like sharing your key or bank account details or something , you know the system behind Bitcoins and the system behind banking system is same .
Something by the name of cryptography whose Advance form is block chain . It's a complex code involving complex mathematics and the transactions are only completed through very complex and complicated steps impossible to penetrate.
For Bitcoins the same thing operates but with no intervening part or whatsoever , it's p2p direct transactions and this is even more secure and private.
The reason why you hear news like :- someone got their Bitcoins stolen or something is because they have personal flaws , they shared the private keys or the password with someone else..or they used a bad wallet.
It's on you how safe you make it .
Yes, I agree with you. Bitcoin is the safest system. Bitcoin transactions are carried out through the public network, cannot be forged, and cannot be modified after being validated by several nodes on the blockchain. Transaction data cannot be used to resend payments, because transactions are only good for recipients who can unlock the transaction by having the right key.
Because Bitcoin is a decentralized system, it drives several security and control responsibilities to the end user, especially the responsibility to secure the private key used to validate transactions.
Of course, Cryptocurrency threatens the government. There is a cryptocurrency aspect that weakens the power of the government to control citizens' money.
Quote
What is your take on this and what do you think will make governmental bodies to finally accept crypto?
Well, if the government is aware of the benefits associated with crypto taxation, I think that this will make crypto accepted by the government.Re: What will happen if the all countries convert to cryptocurrency?
If all countries convert their money to cryptocurrency, in principle there may be various benefits: simple efficiency of instant global electronic transactions, preventing forgery, recording and monitoring better transactions, no printing machines, etc.
But, there are major losses here. The first is that decentralization will be eliminated by "central digital currencies" and this will even be more centralized than the existing system. And another disadvantage is privacy. Cash is anonymous, giving people some freedom to spend money without having to worry about explaining their actions. But, crypto money released by the government will remove all privacy from your expenses.
But, there are major losses here. The first is that decentralization will be eliminated by "central digital currencies" and this will even be more centralized than the existing system. And another disadvantage is privacy. Cash is anonymous, giving people some freedom to spend money without having to worry about explaining their actions. But, crypto money released by the government will remove all privacy from your expenses.
The IRS currently considers cryptocurrency to be property. But that doesnt mean one should avoid reporting gains. The agency has always been more lenient on taxpayers and investors who jump the gun in this regard. Coming forward sooner rather than later can help prevent stricter penalties or fines because of non-reporting.
https://usethebitcoin.com/understanding-bitcoin-and-taxes/
Do we really need to reveal how many bitcoins we have? What are your thoughts on this? Bitcoin as a decentralized system should be tax free. Does this defeat the purpose of the invention? To avoid the centralized system as well as those huge taxes?
https://usethebitcoin.com/understanding-bitcoin-and-taxes/
Do we really need to reveal how many bitcoins we have? What are your thoughts on this? Bitcoin as a decentralized system should be tax free. Does this defeat the purpose of the invention? To avoid the centralized system as well as those huge taxes?
Well, that's the rule. in the US, The IRS has made it mandatory to report bitcoin transactions of all kinds, no matter how small in value. So, every US taxpayer is required to keep records of all purchases, sales, investments in, or use bitcoin to pay for goods or services (which are considered IRS barter). There is no other choice, besides complying with the regulation.
Well, as you said, Bitcoin was created to liberate us from our governments. But, over time, many regulations and laws related in various countries can cause taxation on Bitcoin. There is no other choice but to comply with the law, otherwise it will only cause bigger problems, I think, because of this, many Bitcoin holders are willing to pay taxes on Bitcoin.