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Showing 20 of 597 results by reverseflash
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Board Economics
Re: Ukraine plans to impose a tax on the operations with cryptocurrency
by
reverseflash
on 14/11/2018, 19:20:57 UTC
Quote from: spongegar on November 13, 2018, 04:56:41 AM
Well, i think that it is a good thing that Ukraine actually imposed taxes on crypto currency. For one thing it is not a ban but an acceptance to Crypto currency. This also means that holders are now subject to the government's protection and any fraud would be dealt with the full force of the law. I juat hope it is how i said it is.
Unfortunately, in the realities of legal norms in Ukraine, such a law means only additional exactions towards the state. Laws in this country in most cases are written only to improve the conditions for the elite class of the population.
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Topic
Board Economics
Re: We can totally eradicate poverty if we TRULY want to.
by
reverseflash
on 13/11/2018, 18:32:09 UTC
Quote from: Andrea9000 on November 13, 2018, 03:47:04 PM
Poverty will never be eradicated. Someone has to constantly suffer the other to live well. Such laws of nature and economy. If all at one moment will start to live wonderfully, then in a very short time all this will collapse because there will be no servicing personnel to watch someone over it and then collapse will begin.

Even service personnel can live in good conditions. Topikstarter means absolute beggars, unemployed without prospects. The problem of poverty is more in the worldview of the poor themselves, it is often easier for them to live like this, even without trying to find a job.
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Board Bitcoin Discussion
Re: IS HOLDING TRULY THE SOLUTION TO DROP OF BTC PRICE?
by
reverseflash
on 11/11/2018, 21:39:57 UTC
If the number of offers with the sale of bitcoin will decrease and everyone will hold, then the rest will gradually raise the price, and as a result the price of bitcoin will gradually grow upwards. Naturally there will not be sharp jumps, and it will be difficult to make a profit from day trading. But in general, the situation for bitcoin will improve.
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Board Bitcoin Discussion
Re: Bitcoin Not Ripe To Replace Gold: Analyst Kristoffer Inton
by
reverseflash
on 11/11/2018, 20:38:02 UTC
I see no point in replacing gold with bitcoin. These products can only be compared as an investment instrument and a product with a potentially high price. But only gold will never bring you fabulous profits, unlike bitcoin, as well as it will save you from the risk of capital loss.
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Board Altcoin Discussion
Re: Low market makes ICOs cheaper
by
reverseflash
on 11/11/2018, 20:21:37 UTC
And with a low market there are very big chances to get a failed project due to low interest in tokens. You have to be extremely careful, investment at such times can be quite risky, and the right decision would be to carefully select ICO or buy potentially good coins to hold.
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Board Economics
Re: How to manage the risk in investing cryptocurrency?
by
reverseflash
on 11/11/2018, 19:52:19 UTC
Risk is present in any kind of investment, and crypto is no exception. If you are in doubt and do not want to take a risk, then perhaps this is not your field of activity. If you are ready to try, then carefully study all the available information about the project in which you want to invest, sometimes even a trifle can warn you about possible fraud or a deliberately disastrous project.
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Board Altcoin Discussion
Re: Are Cryptos finally getting stable?
by
reverseflash
on 11/11/2018, 18:44:18 UTC
Quote from: Moxivuki on November 11, 2018, 07:43:17 AM
If Crypto eventually becomes stable, how can investors make a profit? If there are no investors, our hunter's work will also be lost! Just like the current gold market!
Investors will receive a profit from a steady increase in the price of coins. Cryptocurrency stability is almost always stable growth, since Crypto is not money in the usual sense. At its core, crypto is most similar to share, and is almost never in a completely static state.
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Board Economics
Re: Would you rather see steady growth in Bitcoin or strong upward spikes instead?
by
reverseflash
on 11/11/2018, 18:32:02 UTC
On the one hand, volatility makes it possible to quickly earn and attract new traders, which contributes to the popularization of Bitcoin. But on the other hand, stable growth will attract investors, which also raises interest and demand for bitcoin.
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Board Economics
Re: Why spend time in bitcoins?
by
reverseflash
on 11/11/2018, 17:15:55 UTC
The time spent on Bitcoin gives me the knowledge that interests me, the study of the prospects of the economy and the future of cryptocurrencies, and in addition to this brings additional income, which for me is the ideal option for planning my time.
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Topic
Board Economics
Re: LETS KICK OUT POVERTY USING BITCOIN
by
reverseflash
on 11/11/2018, 16:18:22 UTC
Quote from: Marlo0619 on November 08, 2018, 02:05:14 PM
Truly poverty is one of the main problems of the different countries all over the world. Those people will overcome this problem if they start learning what is cryptocurrencies especially bitcoin. It will surely change their life.
If those who are on the verge of poverty do not want to do anything to rise higher, then no Bitcoin can fix this situation. In most cases, the problem lies in the person himself, laziness and the desire to get everything without effort will never make a person successful.
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Topic
Board Economics
Re: What is the problem of trust in projects?
by
reverseflash
on 11/11/2018, 15:22:14 UTC
Quote from: Barbut on November 11, 2018, 07:25:41 AM
People should be very selective when they are choosing where to invest money, what project to support. People should be much more selective than they are now, we would have much less failed projects. Its crazy to support any project, any team, any idea, without checking them, without thinking where they are going with their idea. Bitcoin needed time to build community and trust, other projects will have even harder times to do the same.
I fully agree, only a careful choice can minimize the chance of participating in an unsuccessful project. But even in the case when the project is very promising, there may be many situations in which you may incur financial losses. And unfortunately it is impossible to foresee all possible outcomes.
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Board Economics
Re: how to help people who have problem economic
by
reverseflash
on 10/11/2018, 18:42:28 UTC
In most cases, people are to blame for their poor financial condition. Of course it's good to want a good, high-paying job, or a big passive income. But few people want to work for the sake of this gradually reaching their goal, they need it immediately and without any problems.
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Board Economics
Re: What do you think about crypto currency issued by the government?
by
reverseflash
on 10/11/2018, 18:33:14 UTC
This is a good way to take a promising place in crypto. In fact, the transition from the usual virtual (non-cash) currency to the cryptocurrency is quite expected and is the next step in the development of the economy in IT and, in principle, we expect from a technologically advanced state.
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Topic
Board Economics
Re: Tax on the crypto currency! What do you think?
by
reverseflash
on 10/11/2018, 17:27:42 UTC
I believe that the best option for a cryptocurrency tax may be a tax on converting crypto to fiat, since This method is the most transparent and easily traceable. The only negative side for the state in this case will be only the possibility of making a transaction bypassing the transfer to fiat.
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Board Economics
Re: What is going to happen when we reach the 21 Million BTC supply limit?
by
reverseflash
on 10/11/2018, 11:36:36 UTC
In my opinion, after the extraction of all bitcoins, the price will rise, but will stop at a certain figure and will continue to steadily keep near this mark. Vibrations will be present, but they will be insignificant. Around this time, it will be possible to talk about Bitcoin as an alternative world currency.
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Topic
Board Economics
Re: What are the challenges for investment with Small capital?
by
reverseflash
on 09/11/2018, 21:26:33 UTC
The biggest problem with small capital investments is the minimum profit margin. To get a more or less decent income, you have to perform the procedure a lot more times than when investing large amounts. Naturally there is an undeniable plus, if you fail, you lose a small amount.
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Topic
Board Economics
Re: Why all people moan about the price of bitcoin?
by
reverseflash
on 09/11/2018, 21:20:29 UTC
Most of those who bought Bitcoin do not know how to wait. They want the price to rise constantly, at least at the same pace as at the end of last year. This is due to the banal desire to get huge profits with minimal effort. Such people very often come across scammers on the Internet, offering to get fabulous profits by making minimal investments.
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Board Bitcoin Discussion
Re: Bitcoin does not have limited supply
by
reverseflash
on 09/11/2018, 08:16:20 UTC
Quote from: KuromaYoichi on November 19, 2017, 11:45:59 AM
No, the supply is limited. If someone forked bitcoin then it will become a different coin, completely different than the bitcoin itself.
Quote from: freightjoe on November 19, 2017, 11:41:52 AM
Quote from: aso118 on November 19, 2017, 11:38:19 AM
Quote from: freightjoe on November 19, 2017, 11:34:51 AM
The argument is again and again that the value of Bitcoin will increase because supply is limited to 21 million. But this is quite simply wrong. Every time Bitcoin is forked that is in real terms an expansion of the Bitcoin currency beyond 21 million. To some degree the same is true of alternative crypto currencies which will flood the market. There is already more than 1000 cryptocurrencues ( https://en.wikipedia.org/wiki/List_of_cryptocurrencies )

Th forking (or absence of it) does not effect Bitcoin's supply. At best, you can consider it as a "gift" to all bitcoin holders, which will increase the overall worth. It in no way impacts the overall supply of 21 Mn, which is set in stone.

That is precisely my point. I create "Bitcoin2" by forking. Then I create "Bitcoin3" and so on and so on. In reality what I am doing is issuing more Bitcoin. That I call it a different name does not change the reality.
You create bitcoin A B C or something else but the amount of your original bitcoin is still the same.You are issuing another coin, forked from bitcoin. You can fork bitcoin 10 times but it will be useless if no one support that chain.
And so you create another altcoin based on a bitcoin key. Nevertheless, regardless of the name, it will not be Bitcoin, it will be altcoin with a name similar to Bitcoin. So it is possible to confuse a novice or inexperienced user. For example, Bitcoin Cach, despite the similar name and common origin, it is nonetheless not a Bitcoin.
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Board Bitcoin Discussion
Re: Risks are still "stalking" Bitcoin users
by
reverseflash
on 06/11/2018, 15:50:00 UTC
The risk is present in any field. There is almost nothing so stable that we can be sure of it at least until the end of life. The house can be destroyed, the car is broken, the bank with your savings will go bankrupt, and Bitcoin will fall in price even lower. But Bitcoin has the potential to increase in price many times, and help you solve most other problems.
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Topic
Board Bitcoin Discussion
Re: Bitcoin doesnt only consume too much electricity, it destroys the environment
by
reverseflash
on 06/11/2018, 05:28:17 UTC
Once again, there was an opponent of technology development. I wonder why all these environmentalists think only about banning, but no one thinks how to improve? Because it is harder to create than to destroy. And to attract attention to such topics is easier, people like such news more.