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Edraket31

hero member

Activity: 1190

Merit: 511

Quote from: Rath_ on March 27, 2018, 11:35:43 AM

Quote from: Epimetheus on March 27, 2018, 11:14:58 AM

Investing in Bitcoin is also very profitable deed has it gives its uses tremendous amount of profits in a short period of time.Since it is decentralized taxes cannot be implied on it and the people get full amount of returns.

Don't tell anyone that Bitcoin is going to give you profit without any risk. There are many people who were told so, later they panic when Bitcoin price starts to decline a bit. In the end, they sell their BTC because they are afraid of loss. It's been almost 4 months since correction started and it looks like we are far from recovering. Even though Bitcoin is decentralized, tax still can be applied. It all depends on where you sell your bitcoins. If you use an exchange and cash out to your bank account then you won't have any other choice, they will eventually come after you.

Exactly! Because they need to inform with the truth, don't take advantage for those beginners, even in my family if they want to invest here I cannot guarantee that after a month they will become rich, am always saying that there is no guarantee here. Taking risk is so much needed.

Unsmart boy

newbie

Activity: 308

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Bitcoin helps people to get rich or get financial independence. Bitcoin, a digital currency, a crypto currency, it is a good medium for all investors to invest.Bitcoin helps people to give a life of peace that you deserve.Join now to make life better in a bitcoin family. Everyone used to live life financially using bitcoin.

Bustart

sr. member

Activity: 658

Merit: 250

Quote from: Epimetheus on March 27, 2018, 11:14:58 AM

Quote from: BillCoin on March 03, 2018, 03:01:37 PM

Quote from: EvilKingfisher55 on March 02, 2018, 04:32:55 AM

Quote from: -Maks- on March 02, 2018, 04:03:03 AM

economies of many countries legalize production and print out in the development of blockchain , but we see that there are many regulators, but cryptocurrencies as thought free tool , I doom we are not moving in the right direction

If my understanding is right, you're afraid that the regulations being imposed right now for cryptocurrency is not good because its against the goal of BTC being decentralized?

I don't think these moves will lead us on the wrong direction, we need BTC and other altcoins to be accepted so we need the government to act on it. Thus, giving us regulations.

The whole idea of being decentralized is that there is nothing that can change the network and make it being centralized( there is not a centralized organization that can change the network pre-agreed rules).
Regulators can make law enforcement that will make it harder to convert bitcoin to fiat, they can affect fiat because it's a centralized currency and they decide whether banks accept or not accept the funds that you earned from cryptocurrencies trading.
They have no impact on transactions that are being done within the bitcoin network.

Bitcoin in today's date is the leading cryptocurrency even when the prices are down.It is a good opportunity for those who want to earn money and those who are jobless. Bitcoin gives good amount of returns.The signature campaigns are an easy way to earn Bitcoins.Investing in Bitcoin is also very profitable deed has it gives its uses tremendous amount of profits in a short period of time.Since it is decentralized taxes cannot be implied on it and the people get full amount of returns.

Bitcoin as the leading currency has gone through a lot of ups and downs, but it remains steadfast, undisputed, and indestructuble. We as bitcoiners have to be the voice of truth and change to spread the significance of bitcoin in our daily life, Economy, trading, and more of its kind. Let us push all negativities away and let optimism and morality transcends. Once we change one's mindset it can totally change his world and I hope bitcoin continues to dominate in helping and influencing a lot of people around the world, and together we shall parade to success.

pluMmet

sr. member

Activity: 588

Merit: 251

Bitcoin digital currency is very popular today, to invest also bitcoin very suitable for can give advantage quickly, behind the advantage in can quickly there are a threat the risk of great also

Rath_

legendary

Activity: 1876

Merit: 3139

Quote from: Epimetheus on March 27, 2018, 11:14:58 AM

Investing in Bitcoin is also very profitable deed has it gives its uses tremendous amount of profits in a short period of time.Since it is decentralized taxes cannot be implied on it and the people get full amount of returns.

Don't tell anyone that Bitcoin is going to give you profit without any risk. There are many people who were told so, later they panic when Bitcoin price starts to decline a bit. In the end, they sell their BTC because they are afraid of loss. It's been almost 4 months since correction started and it looks like we are far from recovering. Even though Bitcoin is decentralized, tax still can be applied. It all depends on where you sell your bitcoins. If you use an exchange and cash out to your bank account then you won't have any other choice, they will eventually come after you.

spartak-sbk

newbie

Activity: 308

Merit: 0

Everyone understands the prospect of development, and uses bitcoin and its popularity and reacts in different ways, so there is nothing surprising.

outsider99

newbie

Activity: 54

Merit: 0

yes, I think that is not true, the government will not lead us in the wrong direction, they will consider it all so as not to weigh the regulations that are made.

Epimetheus

legendary

Activity: 1120

Merit: 1000

Quote from: BillCoin on March 03, 2018, 03:01:37 PM

Quote from: EvilKingfisher55 on March 02, 2018, 04:32:55 AM

Quote from: -Maks- on March 02, 2018, 04:03:03 AM

economies of many countries legalize production and print out in the development of blockchain , but we see that there are many regulators, but cryptocurrencies as thought free tool , I doom we are not moving in the right direction

If my understanding is right, you're afraid that the regulations being imposed right now for cryptocurrency is not good because its against the goal of BTC being decentralized?

I don't think these moves will lead us on the wrong direction, we need BTC and other altcoins to be accepted so we need the government to act on it. Thus, giving us regulations.

The whole idea of being decentralized is that there is nothing that can change the network and make it being centralized( there is not a centralized organization that can change the network pre-agreed rules).
Regulators can make law enforcement that will make it harder to convert bitcoin to fiat, they can affect fiat because it's a centralized currency and they decide whether banks accept or not accept the funds that you earned from cryptocurrencies trading.
They have no impact on transactions that are being done within the bitcoin network.

Bitcoin in today's date is the leading cryptocurrency even when the prices are down.It is a good opportunity for those who want to earn money and those who are jobless. Bitcoin gives good amount of returns.The signature campaigns are an easy way to earn Bitcoins.Investing in Bitcoin is also very profitable deed has it gives its uses tremendous amount of profits in a short period of time.Since it is decentralized taxes cannot be implied on it and the people get full amount of returns.

arthur25

newbie

Activity: 182

Merit: 0

Regulations is not a must but needed in terms to manage the cycles of whatever we are doing. In bitcoin regulation is needed to maintain the life of btc as it is the leading role in crypto. Without regulation I think everyone is void in this.

BillCoin

sr. member

Activity: 476

Merit: 259

Quote from: EvilKingfisher55 on March 02, 2018, 04:32:55 AM

Quote from: -Maks- on March 02, 2018, 04:03:03 AM

economies of many countries legalize production and print out in the development of blockchain , but we see that there are many regulators, but cryptocurrencies as thought free tool , I doom we are not moving in the right direction

If my understanding is right, you're afraid that the regulations being imposed right now for cryptocurrency is not good because its against the goal of BTC being decentralized?

I don't think these moves will lead us on the wrong direction, we need BTC and other altcoins to be accepted so we need the government to act on it. Thus, giving us regulations.

The whole idea of being decentralized is that there is nothing that can change the network and make it being centralized( there is not a centralized organization that can change the network pre-agreed rules).
Regulators can make law enforcement that will make it harder to convert bitcoin to fiat, they can affect fiat because it's a centralized currency and they decide whether banks accept or not accept the funds that you earned from cryptocurrencies trading.
They have no impact on transactions that are being done within the bitcoin network.

AnonBitCoiner

sr. member

Activity: 1456

Merit: 326

Eloncoin.org - Mars, here we come!

The price of bitcoin is raised due to the regulation of bitcoin in many countries.Some of the country is still not accept the bitcoin , because it's decentralized digital currency.So it can't be control by the government.Some of the country is start to regulate the bitcoin.

outsider99

newbie

Activity: 54

Merit: 0

the government's move to legalize this bitcoin I think is very difficult, because they want this bitcoin to have rules governed by government. while the bitcoin is a decentralized global transaction cash system.

Virtual miner

sr. member

Activity: 728

Merit: 275

Quote from: Kemarit on March 02, 2018, 04:44:21 AM

Quote from: -Maks- on March 02, 2018, 04:03:03 AM

economies of many countries legalize production and print out in the development of blockchain , but we see that there are many regulators, but cryptocurrencies as thought free tool , I doom we are not moving in the right direction

That's really ironic isn't it? Governments and Banks doesn't like bitcoin, but they do accept the underlying technology behind it, which is Blockchain. Really sad, but we have to accept that fact. Government all over the world are regulating it because they think that bitcoin or crypto's in general are so disruptive and they think that their economy will be affected in a negative way. But so far I haven't heard any nation that so far accepting bitcoin that has been impacted like Japan. So you don't have to worry though, bitcoin is here to stay no matter what other nations will say against it. And its either they accept it or don't. But for those who are against it, they will be left out because this revolution is unstoppable.

Of course they have to accept this because Crypto is the new trend. They are way too reluctant at this time in acceptance of the crypto currencies but this is not gonna last long. Either they will have to accept the Crypto n regualte the market or completely ban it the way China has done. And I completely agree to your point that they will be left out if they get against the crypto market. This new Crypto trend in the modern era is very widespread. Almost everyone is talking about the cryptos these days and at this stage boycotting it would definitely be a stupid move

staywoke081

full member

Activity: 211

Merit: 100

Santa Coin

Don't worry so much, whatever is going to happen is going to happen. You literally can't change regulators minds or change what they will implement in terms of taxation or whatever else they decide to do here. Because it is completely out of our control, I wouldn't think about this for much longer than a second.

CaptainKid

sr. member

Activity: 756

Merit: 250

Quote from: -Maks- on March 02, 2018, 04:03:03 AM

economies of many countries legalize production and print out in the development of blockchain , but we see that there are many regulators, but cryptocurrencies as thought free tool , I doom we are not moving in the right direction

And how do you should develop the events ?? Everyone understands the prospect of using bitcoin and its popularity and react in different ways, so there is nothing surprising ...

Gotumoot

sr. member

Activity: 1372

Merit: 261

Quote from: -Maks- on March 02, 2018, 04:03:03 AM

economies of many countries legalize production and print out in the development of blockchain , but we see that there are many regulators, but cryptocurrencies as thought free tool , I doom we are not moving in the right direction

Well most of the countries see bitcoin as a threat on their economy and also to the people , and of course every stat has a rules and regulation. And in my understanding bitcoin is a crypto currency a currency that is decentrelized which government can't control the price, it's the people. So some are thinking that this may affect the economy or the banks which is not. Still some government see bitcoin as a bad to invest on.

Get_Rich

newbie

Activity: 378

Merit: 0

Bitcoin is an electronic money made in 2009 by Satoshi Nakamoto. The name is also with open source software that he designed, and also uses a peer-to-peer network without centralized storage or a single administrator where the US Treasury calls the bitcoin of a decentralized currency.

jhongzjhong

full member

Activity: 798

Merit: 109

https://bmy.guide

Quote from: -Maks- on March 02, 2018, 04:03:03 AM

economies of many countries legalize production and print out in the development of blockchain , but we see that there are many regulators, but cryptocurrencies as thought free tool , I doom we are not moving in the right direction

Every country is having rules that's why they need to regulate when it comes money, bitcoin is a virtual money that needs for regulation to avoid making illegal activities to the users. And that scenario was trying to avoid those countries involved in bitcoin, behind the technology of bitcoin the blockchain technology some countries are appreciated and they embraced bitcoin just like here our country.
If you accept and trust bitcoin you are in the right direction and having a brighter future.

cryptojac17

full member

Activity: 490

Merit: 107

Quote from: EvilKingfisher55 on March 02, 2018, 04:32:55 AM

Quote from: -Maks- on March 02, 2018, 04:03:03 AM

economies of many countries legalize production and print out in the development of blockchain , but we see that there are many regulators, but cryptocurrencies as thought free tool , I doom we are not moving in the right direction

If my understanding is right, you're afraid that the regulations being imposed right now for cryptocurrency is not good because its against the goal of BTC being decentralized?

I don't think these moves will lead us on the wrong direction, we need BTC and other altcoins to be accepted so we need the government to act on it. Thus, giving us regulations.

If the government implies to much regulations it seems that the bitcoin true purpose would definitely vanished being decentralized, anonymous, P2P is the true identity of bitcoin. Once this character of this crypto currency lost it seems that it lost its identify so what ever happen it should remain the same.

diva.man

newbie

Activity: 123

Merit: 0

Encryption money is only actually block chain can affect the future of application in the small tip of the iceberg, through block chain technology bring convenience and safety of impartiality, will be extremely important impact on our future life.

Topic: bitcoin (Read 291 times)