Bitcoin going up forever is really the return of the altcoins.

in bitcoin •  8 years ago  (edited)

Trump appoints a Bitcoin supporting politician to be U.S Budget Director. Bitcoin maximalists turn in their liberal cards for guns, gold and crypto. What a time we live in. Even though the first huge move up is going to draw money out of alt-coins. Bitcoin at 2k sure means alt-coin "pumps" for days. Correct me if I am wrong but I think the last time we saw alt-coins in general do well (not just ETH) was right after Bitcoin topped out around 1k. When the market turned down it started in alt-coins then moved to Bitcoin. When the overall crypto market turns up, it usually starts in Bitcoin and then moves to alts.

Shiftcard 2.0?

"Uquid’s Visa debit card is also the first in the world to offer unlimited loading and spending without ID verification. On top of that, users can load cards with a huge selection of the most popular altcoins, including Ethereum, Ripple, Litecoin, Monero, Dash, Augur, MaidSafeCoin, Steem, Dogecoin and more."

Edit: Annnd It is banned in the USA

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^^ this 😁

perfect :D

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Great piece and thanks for sharing. Upvoted and shared on Twitter✔ for my followers to read. Stephen

https://twitter.com/StephenPKendal/status/816439425722892289

StephenPKendal Stephen P Kendal tweeted @ 04 Jan 2017 - 00:21 UTC

Bitcoin going up forever is really the return of the altcoins..!! #BITCOIN @Steemit

steemit.com/bitcoin/@matri… / https://t.co/nCHUgrwMXc

Disclaimer: I am just a bot trying to be helpful.

Here is the page with the Restricted Countries for this service:
https://uquid.com/restricted-countries

Glad to see Philippines is not included in the restricted list. I'm definitely going to get one of these cards.

Now, that card is interesting. We love our Wirex card but not having to sell my Steem first for Bitcoin is really attractive.

I am gonna check out that card, uquid. Loading with steem is avsum. All I need now is easy to buy steem with card or transfer!

Thats sound Outstanding! I'm gonna check it rightaway. thanks for the share and merry christmas!

I wouldn't be so sure it would happen the same way in altcoins again

When the bitcoin price tops out, underpriced alt coins are a safe bet for holding those gains.

I was thinking about getting a debit card for bitcoin but concerned about the tax part of things. I know i don't have to pay any capital gains tax if i hold but if i sell some btc for something using the debit card does anyone know if i technically should have to pay capital gains tax is US of A?

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