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Topic: How do Bitcoins really circulate into users? - page 6. (Read 4873 times)

hero member
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December 03, 2016, 09:10:38 PM
#6
maybe the OP want to ask about how bitcoin is really use in a country and is it bitcoin like money which is use by most people in a country? but i thought that the OP is still confusing about this, and maybe he needs to read more about bitcoin and understand about what is bitcoin so he can know exactly what he want to ask.
hero member
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December 03, 2016, 08:04:58 PM
#5
Bitcoins are really becoming known due to its price and demand. But how do really Bitcoins circulate one country? Does it circulate like a real money that circulate as a tax. Can someone explain it sir?

Thank you.
Your question is very unclear maybe because English is not your first language.
You may try to find a local forum for your language and post the question there if you want.
Coming back to your question. I think you want to know how bitcoin works in a particular country and if it is taxable or not.
Bitcoin, as other say, is free from boundary and works exactly same everywhere.
As for whether it is taxable, this is something not related to bitcoin and differ from country to country
sr. member
Activity: 378
Merit: 250
December 03, 2016, 08:01:07 PM
#4
Bitcoins are really becoming known due to its price and demand. But how do really Bitcoins circulate one country? Does it circulate like a real money that circulate as a tax. Can someone explain it sir?

Thank you.

There is still no tax in bitcoin as far as I know. There is transaction fees but minimal only depending on the values need to trade or to invest. It circulates only on the investing, trading and gambling sites. But soon it will be like a real money when there is a lot of shops that accepts btc. But now there is an easy process of cashing out so it still seems a real money.
full member
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December 03, 2016, 07:56:10 PM
#3
I think the question is about whether bitcoin actually circulates, or whether it is only kept as an investment.
I feel like bitcoin has to much speculation per unit circulation, this is what causes the value to fluctuate so much.
I hope it will be more stable when more merchants start to accept it.
Also, many merchants accept it but don't actually care about its future, the cash it immediately and dump it on the market, those imposters can be recognized by their links to coinbase or xapo.
member
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December 03, 2016, 06:45:07 PM
#2
circulate in country Huh Bitcoin is countryless... circulates in blockchain, not any country, you got all mixed up Cheesy
sr. member
Activity: 1638
Merit: 300
December 03, 2016, 06:21:19 PM
#1
Bitcoins are really becoming known due to its price and demand. But how do really Bitcoins circulate into users? Does it circulate like a real money that circulate as a tax. Can someone explain it sir?

Thank you.
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