It would be nice to see more people using it in a few years.
Yeah, when people happy to use bitcoin, i'm sure they will introduce it to their friends and family and it's make bitcoin become popular and can becoming a global currency.
Topic: Bitcoin is Becoming a Global Currency - page 96. (Read 226367 times)
Yeah, when people happy to use bitcoin, i'm sure they will introduce it to their friends and family and it's make bitcoin become popular and can becoming a global currency.
It would be nice to see more people using it in a few years.
In a few years bitcoin will be the most popular currency in the world
I think it would sound impossible. in this world there are a lot of currencies of different countries with huge potential. bitcoin currency is small with a few users? I'm not sure a few more years bitcoin will become a global currency. unless someday bitcoin have users who reach the entire humanBitcoin will be used by many people in future but it doesn't make it as an global currency as the usage of bitcoin is limited and most of the population is not aware about bitcoin yet.
The $1200 price achieved in late November 2013 does not count. That was a very big bubble and caused two years of bear market.
In a few years bitcoin will be the most popular currency in the world
I think it would sound impossible. in this world there are a lot of currencies of different countries with huge potential. bitcoin currency is small with a few users? I'm not sure a few more years bitcoin will become a global currency. unless someday bitcoin have users who reach the entire humanBitcoin will be used by many people in future but it doesn't make it as an global currency as the usage of bitcoin is limited and most of the population is not aware about bitcoin yet.
The $1200 price achieved in late November 2013 does not count. That was a very big bubble and caused two years of bear market.
Evidently, it was a sprint with a false start run on juice, and Bitcoin got disqualified for two years. What we see now is allegedly clean performance...
But who knows for sure?
In a few years bitcoin will be the most popular currency in the world
I think it would sound impossible. in this world there are a lot of currencies of different countries with huge potential. bitcoin currency is small with a few users? I'm not sure a few more years bitcoin will become a global currency. unless someday bitcoin have users who reach the entire humanBitcoin will be used by many people in future but it doesn't make it as an global currency as the usage of bitcoin is limited and most of the population is not aware about bitcoin yet.
The $1200 price achieved in late November 2013 does not count. That was a very big bubble and caused two years of bear market.
Evidently, it was a sprint with a false start run on juice, and Bitcoin got disqualified for two years. What we see now is allegedly clean performance...
But who knows for sure?
In a few years bitcoin will be the most popular currency in the world
I think it would sound impossible. in this world there are a lot of currencies of different countries with huge potential. bitcoin currency is small with a few users? I'm not sure a few more years bitcoin will become a global currency. unless someday bitcoin have users who reach the entire humanBitcoin will be used by many people in future but it doesn't make it as an global currency as the usage of bitcoin is limited and most of the population is not aware about bitcoin yet.
The $1200 price achieved in late November 2013 does not count. That was a very big bubble and caused two years of bear market.
It’s true that it was a bubble but the fact that reached that price before makes very likely that at some point bitcoin will reach a stable 1k mark. Right now we are close to the 600 mark.
In a few years bitcoin will be the most popular currency in the world
I think it would sound impossible. in this world there are a lot of currencies of different countries with huge potential. bitcoin currency is small with a few users? I'm not sure a few more years bitcoin will become a global currency. unless someday bitcoin have users who reach the entire humanBitcoin will be used by many people in future but it doesn't make it as an global currency as the usage of bitcoin is limited and most of the population is not aware about bitcoin yet.
The $1200 price achieved in late November 2013 does not count. That was a very big bubble and caused two years of bear market.
It could happen again in years to come.
Now that everyone wants every transactions to be done online, ecommerce sites and businesses would rather use crypto currencies and bitcoin of course will be in demand. People will buy btc and price will go up.
In a few years bitcoin will be the most popular currency in the world
I think it would sound impossible. in this world there are a lot of currencies of different countries with huge potential. bitcoin currency is small with a few users? I'm not sure a few more years bitcoin will become a global currency. unless someday bitcoin have users who reach the entire humanBitcoin will be used by many people in future but it doesn't make it as an global currency as the usage of bitcoin is limited and most of the population is not aware about bitcoin yet.
The $1200 price achieved in late November 2013 does not count. That was a very big bubble and caused two years of bear market.
In a few years bitcoin will be the most popular currency in the world
I think it would sound impossible. in this world there are a lot of currencies of different countries with huge potential. bitcoin currency is small with a few users? I'm not sure a few more years bitcoin will become a global currency. unless someday bitcoin have users who reach the entire humanBitcoin will be used by many people in future but it doesn't make it as an global currency as the usage of bitcoin is limited and most of the population is not aware about bitcoin yet.
In a few years bitcoin will be the most popular currency in the world
I think it would sound impossible. in this world there are a lot of currencies of different countries with huge potential. bitcoin currency is small with a few users? I'm not sure a few more years bitcoin will become a global currency. unless someday bitcoin have users who reach the entire humanBitcoin will be used by many people in future but it doesn't make it as an global currency as the usage of bitcoin is limited and most of the population is not aware about bitcoin yet.
I think Bitcoin will soon worldwide, but with some more drastic restriction. And interest will decline slowly. In my opinion
I do not think so. It will take at least 5 to 10 years for the bitcoin to be a global currency. We need at least 10 million active users.
I think Bitcoin will soon worldwide, but with some more drastic restriction. And interest will decline slowly. In my opinion
I do not think so. It will take at least 5 to 10 years for the bitcoin to be a global currency. We need at least 10 million active users.
I think Bitcoin will soon worldwide, but with some more drastic restriction. And interest will decline slowly. In my opinion
Bitcoin will never be a global currency because you can't tax it.
In most jurisdictions, governments don't need to tax Bitcoin specifically, you just calculate an income earned and pay an income tax based on these calculations. Whether you are going to include earnings from Bitcoin operations in the said calculations is another matter. But this in no case exempts you from the obligation of paying taxes on this kind of income...
If you get caught for tax evasion, you will be penalized as usual
if you play it well, then you can basically keep your income from trading bitcoin hidden from the government for a very long time. the main problem is that the government shouldn't be forcing an exchange to release information about you. because you'll surely get burned as the exchange can't deny the government and tell them to back off. that's also a reason for me to use btc-e as they don't require you to verify yourself in order to start trading there. it means that this exchange doesn't have any of my personal details
No one is arguing that Bitcoin is a "tax haven" of sorts. My point was totally different, though. Since it is considered as your obligation to faithfully report your income, you have to solve this moral dilemma for yourself...
That is, to pay or not to pay, to evade or not to evade
Bitcoin will never be a global currency because you can't tax it.
In most jurisdictions, governments don't need to tax Bitcoin specifically, you just calculate an income earned and pay an income tax based on these calculations. Whether you are going to include earnings from Bitcoin operations in the said calculations is another matter. But this in no case exempts you from the obligation of paying taxes on this kind of income...
If you get caught for tax evasion, you will be penalized as usual
if you play it well, then you can basically keep your income from trading bitcoin hidden from the government for a very long time. the main problem is that the government shouldn't be forcing an exchange to release information about you. because you'll surely get burned as the exchange can't deny the government and tell them to back off. that's also a reason for me to use btc-e as they don't require you to verify yourself in order to start trading there. it means that this exchange doesn't have any of my personal details.
Bitcoin is like Panama. Tax haven.
Yup it's true bitcoin is heaven for big investors so they could make secure their money, it's more secure than Panama because there is no hole, after this scandal big investors will start moving their money into this real crypto currency.
Bitcoin is like Panama. Tax haven.
Bitcoin will never be a global currency because you can't tax it.
In most jurisdictions, governments don't need to tax Bitcoin specifically, you just calculate an income earned and pay an income tax based on these calculations. Whether you are going to include earnings from Bitcoin operations in the said calculations is another matter. But this in no case exempts you from the obligation of paying taxes on this kind of income...
If you get caught for tax evasion, you will be penalized as usual
That is right. When the bitcoin is recognised as a currency which can be used to pay taxes, then it is treated the same as other fiat.
Bitcoin will never be a global currency because you can't tax it.
In most jurisdictions, governments don't need to tax Bitcoin specifically, you just calculate an income earned and pay an income tax based on these calculations. Whether you are going to include earnings from Bitcoin operations in the said calculations is another matter. But this in no case exempts you from the obligation of paying taxes on this kind of income...
If you get caught for tax evasion, you will be penalized as usual
Bitcoin will never be a global currency because you can't tax it.
Jump to: