Not to be pessimistic but aren't the majority of countries against it?
Not to my eyes: http://bitlegal.net/.
I agree its just that as a community we tend to focus on the contentious areas and not the green zones
Topic: Bitcoin 5 years from now - page 3. (Read 11471 times)
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Not to my eyes: http://bitlegal.net/.
I agree its just that as a community we tend to focus on the contentious areas and not the green zones
Not to be pessimistic but aren't the majority of countries against it?
Not to my eyes: http://bitlegal.net/.
Taxing virtual things is a joke. That's like saying, you pay taxes based on how many google-searches you make.
It's a statement from a governement thats afraid from money-laundering.
I know/believe that as do you, How many don't?It's a statement from a governement thats afraid from money-laundering.
Many people will be put off by the possibility of either taxes or audits.
4) The thing they can do is destroying it's reputation and that's what they are doing now
I think Mt.Gox thoroughly accomplished that for most people already.Many people who didn't even use Mt.Gox have been put off by them.
BTC is in it's infancy and it has endured mostly negativity.
We will be lucky if BTC recovers and becomes a widely accepted/used currency.
Bitcoins future is certainly looking grim, atm.
Mt.Gox has ruined bitcoin for the majority of the U.S.
There has been scam after scam using bitcoins.
Most people don't want/need BTC atm.
With the I.R.S. now wanting to tax BTC, BTC may just be bleeding out and waiting for death in the U.S.
It may skyrocket or it may soon be worth pennies, nobody knows for sure.
Bitcoin could certainly use some real positivity soon.
Mt.Gox has ruined bitcoin for the majority of the U.S.
There has been scam after scam using bitcoins.
Most people don't want/need BTC atm.
With the I.R.S. now wanting to tax BTC, BTC may just be bleeding out and waiting for death in the U.S.
It may skyrocket or it may soon be worth pennies, nobody knows for sure.
Bitcoin could certainly use some real positivity soon.
Taxing virtual things is a joke. That's like saying, you pay taxes based on how many google-searches you make.
It's a statement from a governement thats afraid from money-laundering.
1) They can't controll who is buying or selling Bitcoins
2) They can't track who transfered them to where
3) They can't controll a global distributed system at all. Bitcoin is like Bittorrent, it's a protocol, nobody can control a protocol
4) The thing they can do is destroying it's reputation and that's what they are doing now
Bitcoins future is certainly looking grim, atm.
Mt.Gox has ruined bitcoin for the majority of the U.S.
There has been scam after scam using bitcoins.
Most people don't want/need BTC atm.
With the I.R.S. now wanting to tax BTC, BTC may just be bleeding out and waiting for death in the U.S.
It may skyrocket or it may soon be worth pennies, nobody knows for sure.
Bitcoin could certainly use some real positivity soon.
Mt.Gox has ruined bitcoin for the majority of the U.S.
There has been scam after scam using bitcoins.
Most people don't want/need BTC atm.
With the I.R.S. now wanting to tax BTC, BTC may just be bleeding out and waiting for death in the U.S.
It may skyrocket or it may soon be worth pennies, nobody knows for sure.
Bitcoin could certainly use some real positivity soon.
...
cmon though man lets be a bit realistic Bitcoin is not going in the millions... not anytime soon at least. I do see it becoming valuable after mining stops though
cmon though man lets be a bit realistic Bitcoin is not going in the millions... not anytime soon at least. I do see it becoming valuable after mining stops though
I never said it will.
But you say it won't.
Many things are possible, all with varying probabilities.
Nothing is certain.
...
where did you find that chart?? you are after fully confirming my thought that btc will climb considerably in the coming months!
where did you find that chart?? you are after fully confirming my thought that btc will climb considerably in the coming months!
The original chart is bitstamp exchange data with log y-scale:
http://bitcoincharts.com/charts/bitstampUSD#tgSzm1g10zm2g25zl
You may also like this one.
It answers OPs question "Bitcoin 5 years from now?"
Keep in mind that the more Bitcoin grows.. the smaller USD becomes.. so this will be more like 1 BTC equals $100,000 of purchasing power, just because USD will be worth 1000x time less. So, who knows! lol
You got that backwards, the only way Bitcoin will reach 100 million per coin will be if USD hyperinflates and becomes worth much less, then there will be many more dollars issued and in circulation. All fiats throughout history ended with hyperinflation so this is a very real possibility.
cmon though man lets be a bit realistic Bitcoin is not going in the millions... not anytime soon at least. I do see it becoming valuable after mining stops though
...
where did you find that chart?? you are after fully confirming my thought that btc will climb considerably in the coming months!
where did you find that chart?? you are after fully confirming my thought that btc will climb considerably in the coming months!
The original chart is bitstamp exchange data with log y-scale:
http://bitcoincharts.com/charts/bitstampUSD#tgSzm1g10zm2g25zl
You may also like this one.
It answers OPs question "Bitcoin 5 years from now?"
Keep in mind that the more Bitcoin grows.. the smaller USD becomes.. so this will be more like 1 BTC equals $100,000 of purchasing power, just because USD will be worth 1000x time less. So, who knows! lol
You got that backwards, the only way Bitcoin will reach 100 million per coin will be if USD hyperinflates and becomes worth much less, then there will be many more dollars issued and in circulation. All fiats throughout history ended with hyperinflation so this is a very real possibility.
test
...
where did you find that chart?? you are after fully confirming my thought that btc will climb considerably in the coming months!
where did you find that chart?? you are after fully confirming my thought that btc will climb considerably in the coming months!
The original chart is bitstamp exchange data with log y-scale:
http://bitcoincharts.com/charts/bitstampUSD#tgSzm1g10zm2g25zl
You may also like this one.
It answers OPs question "Bitcoin 5 years from now?"
Keep in mind that the more Bitcoin grows.. the smaller USD becomes.. so this will be more like 1 BTC equals $100,000 of purchasing power, just because USD will be worth 1000x time less. So, who knows! lol
Governments can either let it flourish or hurt it badly
Like the I.R.S. taxing it?
Governments have no desire to allow bitcoin to flourish.
I.R.S wants to tax miners, then tax for every single bitcoin transaction that occurs within the U.S.
If people comply/(fear the I.R.S.) bitcoin will pretty much die in the U.S.
Happy Birthday, dear bitcoin! Hope we will celebrate you 10's birthday too
10's? Didnt it come out when the housing crisis happened in 08?
Probably written by someone waiting to buy in.
YES SIR
Happy Birthday, dear bitcoin! Hope we will celebrate you 10's birthday too
...
where did you find that chart?? you are after fully confirming my thought that btc will climb considerably in the coming months!
where did you find that chart?? you are after fully confirming my thought that btc will climb considerably in the coming months!
The original chart is bitstamp exchange data with log y-scale:
http://bitcoincharts.com/charts/bitstampUSD#tgSzm1g10zm2g25zl
You may also like this one.
It answers OPs question "Bitcoin 5 years from now?"
I am Bullish, but that is insane.
Good example of why to not take "log charts" seriously.
Governments can either let it flourish or hurt it badly
Like the I.R.S. taxing it?
Governments have no desire to allow bitcoin to flourish.
I.R.S wants to tax miners, then tax for every single bitcoin transaction that occurs within the U.S.
If people comply/(fear the I.R.S.) bitcoin will pretty much die in the U.S.
I think bitcoin will be looking good in 5 years. I don't know about price but I think that it will be much more liquid and more widely accepted around the world, and that's what counts.
We'll prob know whether or not that happens in under a year. Governments can either let it flourish or hurt it badly
5 years from now: Mass adoption worldwide
and 1 BTC $ price in 5 or 6 figures (5 figures more likely)
and 1 BTC $ price in 5 or 6 figures (5 figures more likely)
I think bitcoin will be looking good in 5 years. I don't know about price but I think that it will be much more liquid and more widely accepted around the world, and that's what counts.
I hope those 5 years go very slowly.
Time has been flying by way too fast.
I think bitcoin will be looking good in 5 years. I don't know about price but I think that it will be much more liquid and more widely accepted around the world, and that's what counts.
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