Search content
Sort by
Showing 12 of 12 results by toElefante
I see that several governments are charging or thinking of charging tax on Bitcoin gains. I know that in the domain name industry several registrars and domain name sellers accept Bitcoin as a payment method. I am one one of them, and I am far from unique. I'm thinking of quoting domain name prices in Bitcoin to remove the currency equivalent. So that raises two questions. Will this help the buyer to save tax? Is this an incentive to buyers to switch investments from one appreciating asset into another?
In the USA you have to pay capital gains taxes anytime you convert, cash out, or spend BTC regardless of the amount. So right now there is no savings.
Congress is considering an exemption on transactions up to $600. If they pass that, then yes it will probably save the taxes to pay for services directly with BTC. But it's not law yet.
why you have to mix cryptocurrencies with religion?
Just from a financial standpoint, the halal question is a hugely important question, because that's another 20% of the population of the planet that may or may not participate in Bitcoin. It will affect the price and speed of bitcoin's adoption.
On schwab.com if you hit the search button it brings up a list of most popular searches. #1 is Bitcoin. #4 is Bitcoin Trading.
There's a whole lot of conventional investors looking for a way to get in on it (not that buying on coinbase is that hard). But once there's a bitcoin ETF, it's gonna pump!
There's a whole lot of conventional investors looking for a way to get in on it (not that buying on coinbase is that hard). But once there's a bitcoin ETF, it's gonna pump!
Re: When do you think Bitcoin will hit the value of 1 Million USD?
It started in penies and now is 17k. That's a return of much more then 50.000 times. To come to 1 million USD it need only 50 times of that what we is the value right now. 
I think is probably for the Quantum Computers to be able to crack a private key address before it hits 1M price is more than 5000% it's current value.
$1M BTC in 2027. Or the equivalent spread across several coins if BTC doesn't maintain its dominant position.
If Quantum computers ever get close to being a threat, the BTC community will modify the algorithm to be quantum-resistant.
Money is whatever a large network of people agree it is, whether that's stones, shiny beads, gold, silver, fiat, or bitcoin. Market forces decide its value. Increased capital flow into this new asset class and new user adoption pushes its value up. Right now we're in the rapid rise along the S-curve but it won't last forever. Don't wait!
To answer what it's worth, you have to answer "compared to what?" Compared to fiat, bitcoin is exposing how terrible fiat currencies are. They are designed to lose value over time, and to hold populations in a financial servitude to governments and the Banking Cabal.
IMO, if bitcoin reached a static equilibrium (as it will eventually), with the number of users and total capital flow static, it would still appreciate 5% - 10%+ per year compared to fiat, because fiat is so bad. When that equilibrium is reached, my opinion is that BTC will stabilize in the $500k - $5M range.
crypto is the first honest money that any of us have seen in our lifetimes (even gold price is artificially suppressed). crypto is a civilzation-changing paradigm shift and will be the largest transfer of wealth in history from the oligarchs to the crypto early adopters.
Of course that's all just my opinion! ;-)
Shake off the doom-sayers! The future is bright!
To answer what it's worth, you have to answer "compared to what?" Compared to fiat, bitcoin is exposing how terrible fiat currencies are. They are designed to lose value over time, and to hold populations in a financial servitude to governments and the Banking Cabal.
IMO, if bitcoin reached a static equilibrium (as it will eventually), with the number of users and total capital flow static, it would still appreciate 5% - 10%+ per year compared to fiat, because fiat is so bad. When that equilibrium is reached, my opinion is that BTC will stabilize in the $500k - $5M range.
crypto is the first honest money that any of us have seen in our lifetimes (even gold price is artificially suppressed). crypto is a civilzation-changing paradigm shift and will be the largest transfer of wealth in history from the oligarchs to the crypto early adopters.
Of course that's all just my opinion! ;-)
Shake off the doom-sayers! The future is bright!
One potentially big thing happening before this end of this year is that not one but two different Bitcoin Futures markets will be opening in the US in December, starting Dec. 11. It is unclear if this will be good/bad/indifferent for BTC price but it could cause a move one way or the other.
Personally I'm expecting:
end of 2017: $13k
end of 2018: $25-30k
end of 2019: $50-60k
Mid 2020: $100k
Fingers crossed!
Personally I'm expecting:
end of 2017: $13k
end of 2018: $25-30k
end of 2019: $50-60k
Mid 2020: $100k
Fingers crossed!
Wallet - This is a pre-release test build - use at your own risk - do not use for mining or merchant applications
what does this mean? I thought the official bitcoin gold client was all we needed?
I tried checking out version 0.15 instead of master from the github source, and that took the pre-relase message away. However I'm still not syncing any blocks (ubuntu 14.04)
What do you think will, or should, be the blowback for the saboteurs? In my opinion, some of what they're doing, such as ddos'ing the bitcoin network and the exchanges, is probably a violation of CFAA in the US, possibly also Racketeering.
What will the blowback be?
- Explusion from the Bitcoin community generally
- Drop the saboteurs from future business dealings
- blacklisting of the people and IP's involved
- Abandon the badly-behaving mining pools
- Personal civil lawsuits for incurred losses
- criminal charges under CFAA and/or RICO
- All exchanges drop BCH
- Exchanges refuse to list any new altcoin with "Bitcoin" in the name
- other ?
What will the blowback be?
- Explusion from the Bitcoin community generally
- Drop the saboteurs from future business dealings
- blacklisting of the people and IP's involved
- Abandon the badly-behaving mining pools
- Personal civil lawsuits for incurred losses
- criminal charges under CFAA and/or RICO
- All exchanges drop BCH
- Exchanges refuse to list any new altcoin with "Bitcoin" in the name
- other ?
The cryptocurrency community, including the exchanges, should refuse to use the name "Bitcoin" in the name of any future altcoins. No more "bitcoin gold" or "bitcoin cash" or "bitcoin raindrops" etc...
There needs to be clarity for new/unsophisticated users.
There needs to be clarity for those who attempt to co-opt the name.
The coup attempt will fail. There can be only one.
There needs to be clarity for new/unsophisticated users.
There needs to be clarity for those who attempt to co-opt the name.
The coup attempt will fail. There can be only one.
Re: [ANN]Bitcore- BTX - SEGWIT - BLOOM - ONLINE - new virtual fork 1:0.5 of Bitcoin
If BTX people like the compounding 3%, 4%, etc... dividends, why not also re-discover TEKcoin? It pays up to 40% per month based on PoS difficulty and has been around for years. Price crashed with cryptsy going offline, but it's still on cryptopia.
Still looking forward to today's BTX though!
Still looking forward to today's BTX though!