Sunday, September 30, 2018

Bitcoin : The most asked questions about Bitcoin :


The fervor around Bitcoin is far from over. While financial analysts are more and more undecided about the future of cryptocurrency, its interest among Internet users has lost none of its verve. He is today among the topics generating the most research on the web. The curiosity of Internet users is centered on these most asked questions about Bitcoin.

Is sending bitcoin free?
Free Bitcoin transactions divide opinion because it is not total. Although the cryptocurrency operation offers to transfer funds in a few clicks, these operations are not totally free. Fees are paid in the form of remuneration for minors. These are entities that allow the use of their computer to ensure the security of a network. Over the year 2017, these expenses experienced a marked instability, passing 0.6 to 55 dollars per transaction. To date, these commissions are closer to $ 1.

How to justify price differences between two platforms?
Crypto-currencies like Bitcoin are not subject to the same rules as currency currencies. There is therefore no obligation to establish a different price on each platform offering to exchange the currency. Deviations can be significant, as many platforms define values ​​well below normal. The regulations are based on an internal average, which is based on the transactions carried out over a given period. This is also explained by the absence of a reference organization that can impose a fixed rate for all platforms.

When to buy Bitcoin?
The universe of cryptocurrency respects the same laws that can be observed in the world of finance, and trading. The right moment to invest in bitcoin is therefore the one that succeeds the so-called "aggressive" peaks. This approach makes it possible to evaluate the corrective trends that lead to a more or less pronounced downward phase. This moment gives you the opportunity to see the true potential of cryptocurrency, to invest minimal amounts, while making sure to make them profitable fairly quickly. However, we must not forget that nothing is guaranteed, and that a bad decision, a hesitation can make you lose everything in a snap of your fingers.

Does the tax department consider Bitcoin operations?
Capital gains legislation closely monitors cryptocurrency equities. Nothing escapes their vigilance, and it is impossible to play without declaring the revenue generated by bitcoin. Payments to bank accounts may be investigated and sooner or later will be taken over by the tax authorities. This rule takes effect as soon as you touch your first euro in bitcoin. Fraudulent approaches can be seen as attempts to ignore laws that govern financial assets. The penalties then remain the same as those observed on traditional assets.
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