Re: What can you do with Bitcoins but can't do with Dollars?
by
sukoon
on 28/10/2017, 15:30:28 UTC
both bitcoin and dollars are A store of value A, medium of exchange, A unit of account. BitCoin is a type of money less widely accepted than the US dollar, but more widely accepted than, say, the Vatican Lire was in 2001.
The price is based on supply and demand. We had this case with India and China too before they close their exchanges. If for example India had a high demand for bitcoin then you will see a 5-10% higher price compared to International price in the other exchanges. It's totally normal, If you could manage to register there and somehow sell your coins then you could actually make this profitable for you.
thank you sir it means its an opportunity to gain more profit.
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BoardBitcoin Discussion
Death of Bitcoin
by
sukoon
on 19/10/2017, 09:09:10 UTC
bitcoin is maintained by core developers, would Bitcoin die a natural death if the developers no longer exist? Or if they stop maintaining/developing/upgrading the system?
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BoardEconomics
Differences in btc value?
by
sukoon
on 19/10/2017, 09:02:38 UTC
Why there are significant differences in current BTC value between different exchanges.
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BoardBitcoin Discussion
Re: Initial Investment Amount
by
sukoon
on 19/10/2017, 08:23:30 UTC
If You Bought $5 of Bitcoin 7 Years Ago, You'd Be $4.4 Million Richer. so it depends on you. the more money you invest the profit and loss ratio increases.
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BoardBitcoin Discussion
Re: You Can Now Spend Your Bitcoins In Shops!
by
sukoon
on 19/10/2017, 08:18:59 UTC
in Japan 260,000 Stores Will Accept Bitcoin .. Major Retailers and Services also Accept Bitcoin.. shopify, expedia etccc
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BoardBitcoin Discussion
Re: How to explain bitcoin to teenagers or children
by
sukoon
on 19/10/2017, 08:09:54 UTC
to take study about the bitcoin in practical way is a better option for everyone and every category of the people children. Because practical ways explain us the basic simple idea to handle and give the creativity that what the new thing we can do with it and get more development with bitcoin .
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BoardBitcoin Discussion
Re: Can cryptocurrency make real money disappear?
by
sukoon
on 19/10/2017, 08:05:55 UTC
Bitcoin very popular, but I think it cannot replace the real money. any government will not hold anything that they cannot control. btc is a decentralized currency, meaning no one has a direct authority over it.
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BoardBitcoin Discussion
Re: Who can destroy Bitcoin ?
by
sukoon
on 19/10/2017, 07:55:59 UTC
quantum computer will undermine the cryptography surrounding bitcoins public and private keys. Bitcoin recipients share their public key with the sender. To spend bitcoin, a bitcoin owner must use their private key. If another party learns the private key, that party can spend all the bitcoin.
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BoardBitcoin Discussion
Re: Do we need to pay income tax if we earn through Bitcoin or Altcoins??
by
sukoon
on 16/10/2017, 14:06:11 UTC
upto day no tax is involove in buying and selling of btc. but i think govts should legalize btc and impose tax to benefit nations from btc.
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BoardBitcoin Discussion
Re: Why so many bitcoins have been mined.
by
sukoon
on 16/10/2017, 14:03:22 UTC
the rate at wich bitcoin are mined by miners is something of concern for btc traders and investors coz the rate at which btc are minned is too high so after few years btc will increase in quantity and lose its value.
execellent and very informative for beginners. keep hard work up. thumb up for you
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BoardBitcoin Discussion
Re: Korea To Tax Bitcoin Use
by
sukoon
on 16/10/2017, 13:56:28 UTC
NTS Commissioner Han Seung-hee said we are currently monitoring the status of the [cryptocurrency] transactions and will move forward quickly. so yet to decide but sooner or later they will legalise and impose tax on btc.
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BoardMarketplace
Re: Bitcoin - new Business Opportunities
by
sukoon
on 16/10/2017, 11:48:17 UTC
bitcoin is a business opportunity how you take advantage how you use and utilize depends on you.
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BoardMarketplace
Re: which country trade most in btc
by
sukoon
on 16/10/2017, 11:45:09 UTC
Almost all bitcoin trading is done in China. but officially banned now by chinese govt.
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BoardMicro Earnings
Re: Making bitcoin with twitter still possible?
by
sukoon
on 16/10/2017, 11:42:12 UTC
yes you can. there are two types of tweets through which bitcoins can be earned. Normal retweet Bullhorn
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BoardBeginners & Help
Re: How to MIne Bitcoin?
by
sukoon
on 16/10/2017, 11:31:54 UTC
Purchase custom mining hardware, Decide between joining a pool or going alone, Download a mining program,Run your miner, Check your profitability.
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BoardBitcoin Discussion
Re: Why do some government ban bitcoin?
by
sukoon
on 16/10/2017, 11:22:38 UTC
its because it is out of control, poses a danger to retail investors, they wants its own coin,
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BoardSpeculation
Re: how to predict bitcoin price increase or decrease?
by
sukoon
on 16/10/2017, 11:15:15 UTC
Its unpredictable. Completely governed by Demand and Supply. No agency, no government can control it.
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BoardBitcoin Discussion
Re: How can Bitcoin help the developing world?
by
sukoon
on 16/10/2017, 11:12:03 UTC
Bitcoin can be earned through faucets on the Internet, has zero maintaining balance, does not require a credit check, is corruption-resistant, and can potentially grow in value over time. These aren't just "cool features."