What is Bitcoin and How does it work [ALL YOU NEED TO KNOW] How to get Bitcoins,What is a Bitcoin wallet,Bitcoin price variation with time:How fast does the Bitcoin price change,What causes Bitcoin to go up and down(Factors affecting Bitcoin price),Bitcoin speculations,Bitcoin Halving
QuietGrowth maintains that investing in bitcoin is measured speculation. Bitcoin is yet to prove to be a dependable store of value. ~35% drop in value during current market volatility due to corona virus outbreak isn't helping the case of bitcoin.
Every price bubble creates more adoption - without price speculation Bitcoin would die.
I believe without the volatility you'd never achieve adoption of the currency. The masses so to speak don't buy Bitcoin here (after is fallen 75%) but take a wait and see approach buying into the next bubble highs. This increases the development of the Bitcoin eco-system as Gordon Gekko put it best "Greed is Good". Over time more and more users add Bitcoin so will the price smooth out. One should really take a step back for a moment and look deeper into Bitcoin's price volatility before they criticize. When really think about it, when you buy Bitcoin what you are really doing is rewarding the miners for verify the transaction and securing the network. The real reason Bitcoin's will be worth a lot is the fact that the Blockchain is the most secure value transaction verification and many apps will be built on top of it b/c of its size and scale. Its pretty much a winner take all scenario, although its very likely another alt coin could gain in scale, its very unlikely at this point to de-throne Blockchains security by its raw computing power.
Belgium's tax services just decided that any profits speculating bitcoins are to be taxed 33-50%
"The Belgian tax authorities have decided to withhold 33% tax from the revenues that would speculate with bitcoins. This is evident from a new ruling from the Federal Public Service Finance. Anyone speculating with the virtual currency as a private individual, so buying and selling bitcoins with the clear goal of making a profit, will now have to pay 33% taxes on the income. The tax authorities regard the proceeds as 'various income', writes the tax authorities in the ruling on which De Tijd reports. The decision comes after the case of a student who had developed an application for the automatic purchase and sale of bitcoins for his studies. "Thanks to these automatic purchase and sale transactions, he has realized revenue", says the tax authorities. And taxes have to be paid on that. Not as 'good family man' The tax authorities do not consider the profits made by the student as an added value such as those from ordinary shares, since they were not under the normal management of their private assets. Trading shares as "good housefather," you say. Then the capital gains would be tax-free. Since the aim was to make a profit from the price fluctuations of bitcoins, taxes have to be paid. The student, named X in the ruling, is relatively easy with 33 percent since the tax authorities decided not to consider their profits as professional income. The tax can then rise to 50 percent. "He developed the application he used as a hobby and out of interest in his study domain", the tax authorities said. "The development of the application was intended to test to what extent he could convert the theoretical knowledge from his or her training into a concrete application. The resources he has used to make the application work are limited and little organized. The realized added value is not linked to a professional activity and therefore does not have a professional character. " Steep advance The bitcoin has been on a particularly steep rise in recent weeks. Today 1 bitcoin is worth about 16,000 dollars, compared to 900 dollars a year ago. Last week, the price also fluctuated around 20,000 dollars." So far it's just a single court ruling ... but knowing Belgium, it'll soon find it's way into law. Source: (Dutch) https://www.hln.be/geld/speculeren-met-bitcoins-zet-dan-al-maar-33-procent-opzij-voor-de-fiscus~aa8441ad/
Speculative Bitcoin Adoption/Price Theory: The growth of adoption of Bitcoin and therefore bitcoin price is following an S-Curve of Technological Adoption, which is itself characterized by fractally repeating, exponentially increasing Gartner Hype Cycles.
I'm writing a paper for one of my finance classes on speculative bubbles and decided to chose Bitcoin as my topic. Bitcoin seems to have many of the properties of a bubble such as large price swings, explosive growth in a short time period, people buying with the belief that the price will keep going higher, not buying Bitcoin for its intrinsic value, etc. I was wondering if anyone would care to elaborate some more on why Bitcoin may be a bubble or why it is not. Looking at the historical charts, there seems to have been at least three "mini bubbles" that burst on June 8, 2011, April 9, 2013, and November 20, 2013. Any input that you might have is much appreciated!
I know many of you are familiar with this Speculative Bitcoin Price/Adoption Theory written back in December of 2016; I'm surprised it hasn't been mentioned yet here over the course of this correction...
En trading, il est possible de spéculer sur un produit financier ou une matière première, sans avoir à s’en acquérir. Il en est de même pour la monnaie virtuelle, le bitcoin. En effet, sur ce produit, on peut juste trader sur la fluctuation et l’instabilité de sa valeur, sans investir pour son achat. Une bonne […] Le Bitcoin, un nouvel actif financier pour les gestions ? Les usages « monétaires » du Bitcoin restent en fin de compte bien marginaux par rapport à l’ampleur de la spéculation financière qui l’entoure. Les organisations ou les particuliers qui en achètent, souvent des geeks, le font en effet avant tout pour investir, pariant sur une hausse à venir des cours. L’ampleur, mais ... Bitcoin-Halving passiert alle 210.000 Blöcke – ungefähr alle vier Jahre – bis die Höchstzahl von 21 Millionen Bitcoins erreicht wird. Bitcoin-Halbierung ist für Trader ein wichtiges Event, da die Menge der neuen Bitcoins, die vom Netzwerk erzeugt wurden, reduziert wird. Dadurch wird auch die Verfügbarkeit der neuen Bitcoins limitiert ... SPEK Token is not lending platform, we are however a limited supply ERC20 Token. The ICO will offer a supply of 3 million tokens. Au-delà de l’investissement dans le Bitcoin, de plus en plus de personnes sont intéressées pour trader et spéculer sur l’évolution du prix du Bitcoin. Comme nous l’avons vu ces derniers jours notamment suite au discours du président de la Fed, le Bitcoin est une monnaie très volatile, il serait donc dommage de se priver de ces beaux mouvements. Trader ou spéculer sur l ...
Bitcoin: Pourquoi c'est dangereux de spéculer sur les crypto-monnaies - Duration: 23:02. Sébastien Night 8,909 views. 23:02. How the blockchain is changing money and business Don Tapscott - ... 👀 À voir aussi : L'avis d'un expert en finances ⭕️ https://monsieurmoneymoustache.com/bitcoin-est-stupide/ ... et Pourquoi les experts racontent n'importe qu... voici un lien Coinbase pour obtenir 8 euros de bitcoin gratuit: https://www.coinbase.com/join/595b7c031d3b6c07a5f431cb il suffit juste d'ouvrir un compte en ... This video is unavailable. Watch Queue Queue. Watch Queue Queue I ain't got anything to do with light changing speed, just took the name 'cause it looks cool. I play games and stuff. -----...