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Messages - arvinabeabe

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31
Crypto ads being the most amazing topic of discussion recently as major advertisers like Google followed Facebook and Twitter imposed ban on the crypto ads.

Will this change affect their advertisement market?

In my opinion it will affect as most of the advertisement market is filled with crypto ads.

Many reports says that there will be no Impact but are these reports true?

32
Usapang Presyo / Re: Presyo ng EOS Ngayon
« on: September 18, 2018, 12:29:28 PM »
natural ba ang pagbaba ng presyo ng malaki? ask lang po

33
Usapang Presyo / Re: PRESYO NGAYON NG CRYPTO
« on: September 18, 2018, 12:28:34 PM »
marameng salamat dito sir. malakeng tulong to para sa baguhan :)

34
Bitcoin Forum / How Safe is BTC?
« on: September 18, 2018, 12:10:32 PM »
Although BTC is virtual currency and well known for its safety, but I have some doubt about hacking BTC.
If I lost my BTC wallet account anyhow, then there are any way/chance to get it back? Anyone here retrieve your unused or lost BTC wallet?

One more thing, Is windows firewall protects BTC wallet or should I install a Internet Security on my windows for BTC wallet safety?

35
Did you ever think it was possible that there will be a decentralized cash system which will be of great use to everyone? As of 2008, a digital currency named Bitcoin was born. Now almost everyone has heard of Bitcoin or is buying Bitcoin. Even though its value is volatile, there are thousands of interested individuals who have profited from this new form of currency. Blockchain technology is the most innovative concept in the financial service industry and there are multiple options that are of great help for every business. Experts believe that those who adopt or work on the blockchain technology will taste huge success.

Invest your Time in Cryptocurrency

Are you willing to have a startup or want to raise funds for your business expansion quickly? Then you must think about cryptocurrency as it helps to efficiently accomplish this in a shorter amount of time. Blockchain is the best technology when it comes to digital currency. It is possible to target a larger audience when there are decentralized applications and for this, according to some cryptocurrency enthusiants, the best platform is always Ethereum. There are many entrepreneurs and investors as well engineers who are learning more and more information about Blockchain and are willing to become a part of the blockchain community.

Currently, companies are providing shares in the name of tokens to their global investors. Vitalik Buterin, the founder of Ethereum, who has raised $100 billion value for his company just by improving blockchain’s technology, should inspire young entrepreneurs.

Build your Business at High Speed

There are many stories where even teenagers have earned millions with their investment in the blockchain. If you are an entrepreneur and looking to invest wisely, then you are on the right page. Just think about investing in the companies which are in the early stage of development and working on blockchain technology projects. Investing in cryptocurrency will bring out profits, which one can cherish for their lifetime. Moreover, with cryptocurrency one can invest anywhere in the world and there will not be any problem with the transactions as well. If you are thinking to change the way you business, you must surely deal with Bitcoin. Many have already found it to be the most efficient and as well cheap means of making payments when compared to the traditional methods.

If you are willing to accept Bitcoin as a business then you will be part of the growing trends of cryptocurrencies. There is no need to establish business accounts with the banks. Once you start working with cryptocurrencies you may see your sales increase. Users will buy Bitcoin and use it to purchase various items. More and more companies are accepting Bitcoin as a form of payment.

The idea to build new business model will surely be approachable and will bring you more results when you use the blockchain technology. A business using Bitcoin doesn’t need a centralized process and helps to build innovative applications with blockchain technology. Scale your business solutions worldwide with the applications that are built with the blockchain technology.

If you want to learn more information on buying Bitcoin then you can get the details by joining the communities who are interested in the blockchain technology. Communicating with them will help to get the details on developing the decentralized apps with a global reach. Evolve your ideas and business and make sure to enhance the value of your business with the blockchain technology.



This article is not meant to give any advice on trading, buying or selling any forms of cryptocurrency. It is not meant to advise investors. Any consumers who wish to purchase cryptocurrency must do so at their own risk and after careful research.

36
Sorting Box / How the very first Bitcoins were borne?
« on: September 18, 2018, 12:07:26 PM »
How the very first Bitcoins were captured, owned and introduced for sales?
By whom did it appear?
To whom was it paid?

37
Cryptocurrency discussions / What are the biggest disadvantage of bitcoin ?
« on: September 18, 2018, 12:06:37 PM »
What's preventing Bitcoins from being accepted as mainstream payment forms? I'm working on a new blockchain and would like to learn what drawbacks of Bitcoin urgently need to be improved Wink

38
This is supposedly not the first attempt from such countries. For instance, the IRS of U.S took Coinbase to court, as an effort to get information regarding their customers. This was predominantly done to validate which individuals failed to report their appropriate incomes in their tax returns. While taxes are one thing, the main concern that many country officials fear include any terrorist-based crimes. Especially given the fact that such individuals will be able to finance their assets without getting caught and doing so in a private and secure manner.

On the bright side, this is one more positive sign that will actually push forward the crypto enthusiasts to actually spend cryptocurrency as opposed to just buying them and using it for profit-taking only. The only legal basis for tax evasion using cryptocurrency is when virtual currency is converted to fiat and is not declared to authorities by the crypto enthusiast. When converted into fiat and a person realises profit has been earned on the asset, it is the legal and right thing to subject that profit taxation. By just making profits and conversion to fiat for unprecedented profits, people are actually destroying the decentralized ecosystem instead of supporting it. But by living largely on cryptocurrency, no profits are realized, and no centralized government has a claim over your asset.

39
Tax enforcement authorities from Australia, Canada, the Netherlands, the United Kingdom and the United States have have came together to form a Joint Chiefs of Global Tax Enforcement that will be informally known as J5. One of its major task will be to check on tax evasion being done on profits made via Cryptocurrency. The five relevant tax authorities include the American Internal Revenue Service Criminal Investigation (IRS-CI), the Australian Criminal Intelligence Commission (ACIC) and Australian Taxation Office (ATO), the Canada Revenue Agency (CRA), the Dutch Fiscale Inlichtingen- en Opsporingsdienst (FIOD) and the British HM Revenue and Customs (HMRC).

The five law enforcement agencies have agreed to share intelligence and expertise and to work on joint operations to crack down on professionals who make a living out of enabling tax crime. This inter-government body was formed in response to a request by the Organisation for Economic Co-operation and Development (OECD) to reduce tax crime, calling for action from countries to ratchet up their efforts to prevent such individuals helping organised crime groups and wealthy offshore tax evaders hide income and assets using the global financial system.

Cryptocurrency will be a highlighted source of vigilance for J5, as Cryptocurrency allows for easy international transfers, which is a cause for concern among government agencies due to the difficulty of investigating and prosecuting cryptocurrency-related crimes.

The current Global Tax Enforcement initiative needs to be seen as a first step. It would also be helpful if it was more open and transparent than JITSIC has been for much of its existence. There is a public debate about the competence of tax authorities who now need to be more transparent about what they are doing.

At their first meeting last week, the J5 brought together leading experts in tax and other financial crimes from each of the five member countries. Together they developed tactical plans and identified opportunities to pursue cyber criminals and enablers of transnational tax crime. The J5 will do this through the sharing of data and technology, conducting operational activity and taking advantage of collective capabilities.

The Joint Chiefs of Global Tax Enforcement comes as an unwelcome development to many in the cryptocurrency community. The whole cryptocurrency ethos centers around using decentralized technology to build trustless and incorruptible infrastructures. An announcement made July 3rd, 2018, shows that five countries have joined in the formation of J5 as an attempt to dig deeper into crypto investors and their failure to report profits made.

Johanne Charbonneau, Director General, Canada Revenue Agency said: “The formation of the J5 demonstrates the serious commitment of governments around the globe in enhancing international cooperation in fighting serious international tax and financial crimes, money laundering, and cybercrime through the use of cryptocurrencies. The J5 complements the important international work of the OECD through operational collaboration. Our collective efforts and experience will be shared to jointly identify and address the increasingly sophisticated and global schemes and the professional enablers that facilitate such schemes.”

40
Sorting Box / Is it even possible to regulate bitcoins?
« on: September 18, 2018, 11:52:16 AM »
I mean how? Given it is completely decentralised. can you explain?

41
Cryptocurrency discussions / Perception about Bitcoin
« on: September 18, 2018, 11:51:13 AM »
Bitcoin has been making news for a long time, both for good as well as bad reasons. On one side when its price is breaking new records and many new Bitcoin Exchanges are coming up, many countries are going against its legalization even though Bitcoin making a huge impact in the financial world. Nevertheless, some recent developments have forced authorities and law enforcement agencies to think otherwise.

How are things changing in Bitcoin’s favor?

Initially many countries banned or were against the use of digital currency, but seeing recent trends they have started thinking otherwise. In countries like Russia, digital currencies were not in use or even entertained by the government. But recently over 30 Bitcoin Exchange in Chicago, IL and BTMs came up. This is grabbing the attention of digital currency enthusiasts. Last month Government sources claimed that they are reviewing the whole Bitcoin situation and will come up with a possible solution by the year-end. Enthusiasts in this part somehow started sensing it in favor of Bitcoin. In the recent past, there have been other nations as well who have been following the same pattern. With the passage of time, a number of cryptocurrencies are developing and more and more enthusiasts are showing their interests, irrespective of traders or investors and that’s not a bad sign at all. The primary thing that people need to watch out for is how long the currency will hold its place so that the experts can get a fair idea as to where the future trends
follow. Many enthusiasts are keen to make way into the cryptocurrency
marketplace, but its important to have an understanding of the way the world of cryptocurrencies work and blockchain technology functions before stepping in blindly. Through genuine and reputed Bitcoin Exchange in Chicago, IL like Bitcoin of America you can find enough information. Trading through these portals is also safe and secure as no transaction fees are charged.

Edge over Traditional Currency System

Traditional banking systems have had several problems and most importantly it’s based on an age-old system for years. There hasn’t been any major revamp which could win back customer satisfaction, main reason why many are drifting towards digital currencies. The service fees are enormous, processing is slow, and the money is often intercepted or maybe stolen, as well as legal and even tax problems must also be kept in mind. A blockchain-based system could eliminate most of these problems in one go. Presently there are plenty of companies that have started utilizing remittances using this method and hence Blockchain technology will find enough use in the financial sector.
With this new system or concept, every person who is handling the money in
large amounts will be completely accountable as every transaction will be noted with a timestamp in the form of nodes of the blockchain. In this manner, in every business transactions when the business which is empowered with the blockchain is used, there will be a tremendous development in it.

Bottom Line

The craze for Bitcoin is at its peak, many Bitcoin Exchange in Chicago, IL like Bitcoin of America is available using which can trade easily, anytime anywhere. Digital currency enthusiasts are showing full trust on Bitcoins and many are investing all their savings on it. Beginners will be ready to do ridiculous things, such as investment from the whole cost savings and start expecting its value to skyrocket tomorrow itself. And the stupidest one tends to be borrowing the cash from friends and family, to commit that in popular Bitcoin Exchange in Chicago, IL or portals for higher returns. So please, usually consider the choice that you could shed everything if you do not have the idea of what you are doing. Be careful what you are doing and go through all details before putting in your investment.

42
As we know, bitcoin prices in two month falling down compared to the end of last year. From my observations, I had time to think about the fate of investors who have invested their money in bitcoin. Whether they will temporarily turn to another cryptocurrency or keep playing with bitcoin despite getting a slight gain or turning into a bounty hunter for a while? . please share your tips and tricks so as not to lose more in investing in bitcoin.

43
Bitcoin Forum / Bitcoin, is it really just a bubble?
« on: September 18, 2018, 11:47:38 AM »
Bitcoin has recently been a hot topic among many people, economist especially. But as it moves towards the $12,000 index many are having doubts as to how stable the market for bitcoin really is. Just recently, an expert from Yale who was considered as Wall Street's most influential economist described it as a dangerous speculative bubble due to its lack of intrinsic underlying economic value to the concept.

Despite the lack of understanding of its mechanics by lots of investors, why and how does it continue to prosper?

Is it really just a bubble? And if it is, when is this bubble going to burst?

44
Sorting Box / Bitcoin Cash (BCH) Market Action
« on: September 18, 2018, 11:44:44 AM »
Bitcoin cash (BCH) market action shows the price is around $800 per coin this Monday. The decentralized cryptocurrency’s overall market capitalization is about $13.77Bn and daily trade volume has increased to about $494Mn. BCH holds the fifth highest trade volumes today out of the top cryptocurrencies and is the fourth largest market cap. The top trading platforms exchanging the most BCH today include Bigone ($58Mn), Okex ($56Mn), Binance ($48Mn), Coinex ($48Mn), and Hitbtc ($41Mn). The top currency pairs traded with bitcoin cash today include tether (USDT 47%), BTC (28%), USD (12%), KRW (3.5%), ETH (2.7%).

45
Sorting Box / Bitcoin Core (BTC) Market Action
« on: September 18, 2018, 11:42:43 AM »
The current bitcoin core (BTC) spot price right now is around $6,687 per BTC at the time of publication. BTC 24-hour trade volume is about $4.4Bn over the last day and the cryptocurrency has a $114.5Bn market valuation. The top exchanges swapping the most bitcoin core today include Bitflyer (1.8Bn), Fcoin ($325Mn), Coinbene ($281Mn), Binance ($196Mn), and Bigone ($187Mn). On July 16, the most traded currency exchanged for BTC is the Japanese yen capturing 49 percent of the intraday’s trades. This is followed by tether (USDT 33%), USD (10.2%), EUR (2.4%), and the KRW (1.8%). Out of the 1600+ digital bitcoin core’s market dominance is about 42 percent.

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