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Board Altcoin Discussion

Re: Bitcoin is King and Ethereum is Queen , Do you agree ?

splat44

on 22/01/2018, 22:48:24 UTC

There's no Doubt that they earn respect from investors/traders they are Top 1 and 2 of the coinmarketcap which means they gain popularity not in cryptoverse but in the whole marketcap as well..

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Board Press

Re: [2018-01-22] Robert Shiller Can’t Decide if Bitcoin Will Collapse or Succeed

splat44

on 22/01/2018, 20:45:07 UTC

They want to pull down the price of bitcoin and it will affect the market of Cryptocurrency as they said that bitcoin is a bubble they compare it on DOTcom bubble, Bitcoin will not collapse in the first place its a mass adoption(YES), Private sectors wants to use blockchain to make another technology uses that will help the entire community well, whatever is the news about i will stay on bitcoin. i will hold it until it reach 1million and so on.

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Board Legal

Re: For a country still illegal against bitcoin?

splat44

on 22/01/2018, 19:39:56 UTC

Quote from: Paditani on January 18, 2018, 11:42:28 AM

In some Asian countries bitcoin is very influential for people to invest. why it is still illegal for a particular country. to be more clear and can be received by the government like where?

I think you are comparing it to China. Yes Asian Market is very influential and it keeps growing. S.Korea are controling their citizen but i saw some news that makes me feel confuse as they keep on manipulating they create fud news, global market are affected but it says that if it keeps dumping then the opportunity is there buy while it's hot sell when it's profit!

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Board Altcoin Discussion

Re: Where do you find interesting ICO ?

splat44

on 22/01/2018, 19:28:16 UTC

For me it depends on how they deliver the campaign if the project is good and has a future tech then i'll grab it. ICO are very interesting especially if the market is sold out then It's the next big thing.

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Board Legal

Re: Legal bitcoin or illegal bitcoin

splat44

on 22/01/2018, 19:05:18 UTC

Quote from: raymart0720 on July 29, 2017, 03:52:48 PM

Can you guyz vote if what are we doing now is legal or not
Coz these can be a serious like having a marijuana or drugs in our pockets

And if these bitcoin became a currency i think it will be have a tax and
Why do we eager to earn virtual money than real money.. simply because the rate is higher than the real ones and it is easy to earn if i am not mistaken😎

What you guyz think

Newbie

Bitcoin is just a store of value, Altcoins is the real deal here we use bitcoin for transaction that's why it keeps increasing. Governments should legalize bitcoin in some other way. i know there are terrorists or illegal activities are roaming around and they use it as a transaction so they could limit it in the future.

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Board Legal

Re: Not Declaring Bitcoin Income

splat44

on 22/01/2018, 18:47:03 UTC

Quote from: iamTom123 on August 17, 2017, 02:53:03 PM

Here in my country which is now an upcoming tiger economy (though we are still classified as a third-world country), we are free to participate in Bitcoin both buying and selling as the government is treating Bitcoin just like any other foreiign money.

However, I am sure that only a very, very small fraction of us are declaring our Bitcoin income. It seems to me that the government is not that interested to get strict with individuals as long as they can tax the Bitcoin exchange provider for the service rendered.

I am then wondering the situation with other countries. Can your government really be able to track if you never declared gains made from Bitcoin transactions?

I belong to the 3rd world country. Governments are corrupt they scam peoples money by paying big taxes. That's why people are wise now they use bitcoin as commodity and a store of value. the problem here is we need to address our concern that we should show them our minimum income, we need a decentralization not centralize. i hate governments that are scamming people to pay them 20-30% tax income.

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Board Bitcoin Discussion

Re: Do you think Satoshi Nakamoto will reveal himself one day ?

splat44

on 22/01/2018, 18:22:27 UTC

Quote from: munareal on January 21, 2018, 12:23:46 PM

I am looking forward to the day that the great Satoshi Nakamoto will reveal who he is, If he is a person or who they are if they are a group.Are you looking forward to knowing Satoshi Nakamoto ? Do you think he will reveal him self?

That's a big question for me. But looking back why Satoshi leave bitcoin to his core group. He's not afraid to crack down bitcoin but he's afraid to reveal his identity because governments or private group companies which are back up of central banks will get mad at him at the first, Satoshi is a real genius he change everything in blue. He made this technology to resolve the problem that we are encounter.

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Board Bitcoin Discussion

Re: KFC now accepts Bitcoin!

splat44

on 22/01/2018, 18:07:44 UTC

Quote from: TimtheYoutuber on January 13, 2018, 05:33:04 PM

Check out my YouTube video where I dive more in depth : BREAKING NEWS KFC is now accepting Bitcoin, and Smart contracts might be legally binding!

Is this just a bucket of chicken, or a bucket of publicity stunts?

You will be able to buy a bucket of chicken in Select Canada KFC's. However you will have to order it online using Bitpay, and have it shipped to you.

Cost : Around $20 + $5 shipping + Taxes + Any other blockchain fees

What do you guys think about it?

I agree on you, We have no idea what will be additional taxes or charges that they will add. but the transaction fee+shipping is agreeeable. just thinking what will happen if the price will soar high? should we have Customer protection?

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Board Bitcoin Discussion

Re: Bitcoin report from Citibank- Bitcoin will die

splat44

on 15/01/2018, 23:00:52 UTC

I saw that already but you know buddy banks hate cryptocurrency that's why they are issuing news like that o matter what happens never stop dreaming and always find your solution that will give you a sweetest dream you will have in cryptocurrency.

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Board Bitcoin Discussion

Re: Bitcoin Lightning Network

splat44

on 15/01/2018, 22:07:50 UTC

I think that will be happen on Q1 people demands it because the transaction is very slow. I think bitcoin core has a proposal that they will try a testnet that will increase the transaction they call it lightning network.

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Board Speculation

Re: 9 Reasons Bitcoin Could Hit $100,000 Or More

splat44

on 15/01/2018, 21:29:05 UTC

Lots of happening in this year. I really appreciate others compliment. We should think big and aside from that people are now adopting blockchain that makes bitcoin to increase it's price. However $100k this year would be possible.

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Board Economics

Re: China is going cashless with more centralization

splat44

on 15/01/2018, 16:20:32 UTC

Quote from: alani123 on January 14, 2018, 11:58:16 PM

I watched a video today: https://m.youtube.com/watch?v=WWY7A221hwA

China is leapfrogging credit cards to jump directly into the adoption of mobile payments. An oligopoly is in place and as the adoption of the tech rises fast, it's not set to change. Now the Communist government is seeking to control such payments even more and the biggest payment companies are likely to cooperate. Perhaps one day people there would appreciate decentralization but for now the majority of the Chinese seem really careless about p2p tech and payments.

There Communist government is controlling them because majority of people in China are new to this technology that's why governments will help their citizen to make a trasanction online and they control the circulation of money.

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Board Service Discussion

Re: Bitcoin Accepted in Adult Industry

splat44

on 11/01/2018, 21:49:15 UTC

I have nothing to say about that. in any industry right now they accept bitcoin as a payment some are not into it but i will see that it will risen its price by the next few years.

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Board Bitcoin Discussion

Re: Is Bitcoin ever be Mainstream?

splat44

on 11/01/2018, 21:07:39 UTC

Bitcoin is mainstream right now it shows that the blockchain network is very fast than the generation of mobile network mainstream. Bitcoin will multiply its value for the next few months . this is a good start for everyone buy the dip while the whales are accumulating.

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Board Speculation

Re: Am I late ?

splat44

on 11/01/2018, 19:27:32 UTC

Your not late.. just buy what ever the price is.. this is the best time to buy bitcoin and hold it coz i think it will pump huge some traders/investors are accumulating btc.

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Board Bitcoin Discussion

Re: How much bitcoin do you need now to be a millionaire?

splat44

on 09/01/2018, 22:43:51 UTC

I think 1BTC for along run it should be kept on your cold storage. Bitcoin will go up eventually just to be sure let the others buy their own btc. I am so happy that the cryptocurrency is getting popular..

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Board Legal

Re: why bitcoin illegal in asia?

splat44

on 08/01/2018, 21:07:28 UTC

I don't think it's illegal coz i live in Asia and bitcoin is widely use by other traders and i belive bitcoin will pump more is just that bitcoin right now are manupulating by big whales. hope you will accumulate some bitcoin this is a long term investment..

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Board Legal

Re: Are bitcoins an e-currency?

splat44

on 06/01/2018, 23:51:02 UTC

Bitcoin is a digital asset and not just an e-currency but something has a value like gold.. Bitcoin can be use as peer to peer transactions and commodity. Bitcoin will can be use around the world by sending money online..

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Board Bitcoin Discussion

Re: Do you think Bitcoin can ruin a Country?

splat44

on 06/01/2018, 23:38:01 UTC

Of course not. but if someone will manipulate it then there will be a big problem here i think bitcoin has a great impact in the economy as well as technology and its a matter of time and day!

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Board Legal

Re: Best County for Crypto Startups?

splat44

on 06/01/2018, 23:09:15 UTC

Japan, SIngapore, Russia and Honkong i believe that they are cryptofriendly. just what Japan and Russia have done they are crypto lovers and it will help to boost the economy with the help of blockchain they created their own currency and soon will launch in the market.