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1
Bitcoin Forum / Re: What Happened To Bitcoin?
« Last post by Lucius on Today at 05:08:51 PM »
So, I feel confident in saying that the adoption of BTC as everyday money - 15 years after its launch - is basically zero.
Where I live, if my only money were BTC I'd starve.
Or have a very limited, exotic diet  :D
As an investment, BTC has been a success story.
As a currency, a failure.


I would not agree that the adaptation in terms of using it as a currency is completely zero - but that it still depends on where you are and how big the crypto community is around you. If there are enough people who want to pay with crypto-currencies and they organize themselves and visit merchants with a request to add such a payment method, sometimes it happens.

I don't know how familiar you are with the example of Arnhem Bitcoin City, but I heard that there are similar places in the EU where Bitcoin really took off because people asked for it and sellers recognized it.

Imo BTC has failed as currency because of its volatility.
Think of a business - a dentist, barber, taxi driver, shoe seller - having on average a 3-5% profit out of each transaction.
Accepting BTC he could lose - given BTC volatility - all of that within 1 day.
Nobody likes to work for nothing.
Why take the risk.
Why accept BTC and then be forced to convert it as quick as possible in a stable currency.


Volatility is an advantage when trading, but of course a disadvantage when paying with Bitcoin - but that's why there are payment processors that serve to overcome that problem. The buyer pays with cryptocurrency, and the seller gets fiat, so it's a win-win situation for both.

It is true that there are not too many physical stores that accept BTC because we also have the problem that on-chain transactions are not instant, but that is why we have thousands of online sellers that accept BTC. Imagine living in a country where you can buy almost anything you want for BTC, and you don't have to pay taxes if 2+ years have passed since you invested in any cryptocurrency - it seems unrealistic, but it's true ;)
2
Kripto Para Türkçe Forumları (Turkish) / Re: Solcex
« Last post by gospodin on Today at 05:05:41 PM »
hocam bu tür bilgiler verirken en azından twitter adresi ve web sitesini de yazın. bu haliyle sarı çizmeli mehmet ağa'dan öteye gitmiyor. bir de bol scam projenin olduğu yerde ben solcex'i nereden bulayım:)
geçtiğimiz hafta benim cüzdana yollamışlar ne iş artık bilmiyorum: https://solscan.io/token/AMjzRn1TBQwQfNAjHFeBb7uGbbqbJB7FzXAnGgdFPk6K

sanırım cex bu arkadaş? ne sikim olduğunu ben de anlayamadım.
3
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4

Я не утверждаю, что этот форум чем-то хуже или ещё что-то, но значительно уступает по посещаемости. Жаль, что эту площадку не берутся раскачивать должным образом, тогда бы точно сюда пришли не только миксеры. Не хватает конкурсов, которые могли значительно улучшить ситуацию.

Согласен, рекламных ресурсов подобных этому не так уж и много. Все остальные крипто форумы даже и рядом не стоят, если не считать БТТ.
То, что я сейчас скажу — не является секретом: форумы терпят поражение от социальных сетей и мессенджеров в борьбе за клиента. Согласитесь, что сейчас практически вся криптотусовка осела в Телеграм и Дискорде, а форумы — это достояние старожил, олдовых юзеров. Поэтому возникает вопрос: почему миксеры не рекламируются в Телеге или Дискорде?
5
Meme Coins / Re: I do hear about PEPE
« Last post by SmartGold01 on Today at 05:00:49 PM »
Well from the information I have been hearing concerning pepe I have beginning to gain interest on it because lot of people were speculating that pepe coin will be the next bomb unlike shabi and dogecoin. These two coin i made mention always comes to my heart when i recall them because as then someone told me to buy and hold with just 5k my local currency then i didn't know much about space people made thousands of dollars and i was regretting for not taking the bold steps then. This curiosity made me to come create this topic to seek people's opinion if could invest on Pepe coin.

I consider the Pepe coin only as a good tool for trading but not for holding for months, this coin is very volatile and it is only supported by noisy news from influencers who simply raise the rate for a while and sell their coins, it is also profitable for traders to trade this coin in the short term, during It’s time for such pumps, but I wouldn’t advise anyone to buy this coin for long-term holding.
You are correct we should understand that memecoin are most hyped and those who doesn't know about them could fall victim since there whale controlling it, usually a coin like this are often being manipulated by traders. Last week there or earlier when I created this topic a new came that someone lost all his investment on pepe thereabout I could give that news attention anyway since I don't want what would keep me thinking
6


In Sweden, a significant development has occurred in the cryptocurrency mining sector. 21 Crypto mining firms are facing a substantial tax bill totaling $90 million (approximately 900 million SEK) following a meticulous audit by the Swedish Tax Agency. This audit scrutinized the tax reporting practices of crypto mining businesses, potentially uncovering discrepancies in how income and expenses have been declared.

The reasons behind this hefty tax bill could be multifaceted. Firstly, the Swedish Tax Agency likely views crypto mining as a business activity, which would make earnings from mining subject to corporate income tax. Additionally, there may have been instances where miners underreported their earnings or failed to declare them altogether. Another factor could be the application of Value Added Tax (VAT) on the electricity used for mining operations, which adds another layer of financial obligation for the miners.

continue reading...
https://www.cryptocrit.xyz/2024/04/Crypto-tax-in-Sweden.html
7
Gambling discussion / Re: How did the gambling life Start?
« Last post by Litzki1990 on Today at 04:57:50 PM »
My gambling life basically started in the lottery side, I used to play massive lotteries in the real world. So tell us a detailed story of how you first entered into victory. And at present I am chiefly occupied with cricket, football, and Jackpot, I am present to gamble for a long time without becoming addicted. So how did your gambling life begin?
Winning the lottery depends entirely on your luck. The fact that you got some lottery results in your favor means I'd say you're lucky because I haven't got my name in any of the lotteries I've won so far. I'm not a big believer in gambling that depends directly on luck, but I'll accept gambling where my results depend somewhat on my skill. Because I never want to lose all money depending on my luck at least.
8
Economics , Sociology & Politics / Re: Gold and Bitcoin
« Last post by emmybd on Today at 04:55:17 PM »
Gold has always been one of the best assets to have. Many countries have also been holding gold as a reserve. It has always been considered as a reliable asset. There is no match between gold and bitcoin. Because bitcoin is quite new, a lot of people have not heard about it yet. So Bitcoin has a long way to go to be considered a safe asset.
9
Gambling as a whole is based on luck, and for the gamblers, I think you win only when your luck shines, doe some casinos has been modernized and they've added some new features to it l, but it still won't change the fact that gambling is based on luck.
Gambling is only profitable to the government, because of the taxes they collect.

Holly truth! For most, it’s entertainment, for the lucky few, a profit, and for governments, a source of tax revenue. The key for players is to enjoy the fun responsibly.
Yes gambling is only for entertainment, gambling should never be seen as a way to make money. If a gambler considers gambling as a means of earning money, he will suffer more and become addicted. Gambling should always be taken responsibly and never taken lightly. But some people are lucky enough to hit the jackpot and change their lives, but the number is very small. But yes it's true that the government gets a lot of money from your bets and taxes on companies. You should use a fixed budget of income for gambling and participate in gambling just for fun so you will be fine.
It is really just that for fun but the wrong thing for most people is that they do really do it for the sake of money and this is why they do mess up their lives because of that kind of mindset.
Its really that too bad for you to think about being profitable because you would be finding yourself that being too desperate and this is where you should really be having that kind of realization that you shouldnt really be doing this. Gamble for fun and not for money but in speaking about on other side about being profitable then those casinos are the ones who do make money.
If you are lucky enough then you could make money but of course its not something that you should be confident on achieving into.
Of course, when you think that gambling is profitable and you dive into gambling to make a fortune, you will end up the other way which is in a great loss, and you will be lucky if you are not addicted. This is why in whatever that we are going through, we should not see gamble as something we can use to console ourselves or to pass time, because it can lead to addiction. Only gamble for fun, and enjoy the game without thinking of profit, but just fun.
10
Cryptocurrency discussions / Re: Again, Don't Ignore Security
« Last post by Lucius on Today at 04:47:29 PM »
If nearly everyone knows all about security measures. If this info is being repeated basically daily on all large crypto forums and in article on numerous webpages, why people still get into troubles? Why people still lose their money? Still keep importand files on emails or desktop, still use qwerty123 like passwords and etc. Some even repeat mistakes and lose their money several times. I have been thinking about this and still havent found any explanation for reckless actions.

In general, how many people are active on the forums or read anything? I think that this is a very small percentage of people and that the majority of those who invest in cryptocurrencies have very limited knowledge, even of the basics of computer literacy.

It should be taken into account that education systems differ greatly from country to country, or perhaps even from continent to continent. In some countries like India, many are uneducated because there simply aren't enough schools, and in one documentary I heard the information that that country should build one new school every 10 minutes to provide everyone with an education.

Of course, even those who are educated are often careless and rash, and when we consider that scammers use the possibilities of the internet to target their targets anytime and anywhere, then it is logical that many will fall into at least one of the countless traps they set.
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