Bitcoin, Ethereum, Litecoin, Ripple - Cryptocurrency in T&T

[redmanjp]

^ but how big can the bubble get before it bursts. I might buy some but perhaps not more that 200 US.

[pugboy]

so anybody find out where bluesclues gone with his bag of coin ?

[jahs0ldi3r]

^ but how big can the bubble get before it bursts. I might buy some but perhaps not more that 200 US.

This isn't a bubble. It would self correct, not burst, then continue to rise.

The value of the U.S.dollar keeps falling and is destined to fail.


On the other hand:
This is actually being used to draw us all into digital currency.

The next step is for governments to introduce their own crypto currencies and offer us an amnesty to convert into government sanctioned digital currency before they clamp down on it.

Might sound stupid but it's the plan of the A.I. that's controlling the globe.

Hahaha, part truth, part conspiracy theory. Troll if you want

[jahs0ldi3r]

^ but how big can the bubble get before it bursts. I might buy some but perhaps not more that 200 US.

Forecasted to top out at $500,000 usd by major trends forecasters of the conspiracy theorists

[pugboy]

its a tough call to ask folks to support a local crypto currency
most people will be skeptical
a true cryptocurrency based like bitcoin is a peer to peer network of miners who can be anybody and the network
doesnt know or care who owns the pieces of it.

[paid_influencer]

Now I'm kicking myself for not getting in yesterday. $7k gain in 24 hrs. dais performance

[Dizzy28]

^ but how big can the bubble get before it bursts. I might buy some but perhaps not more that 200 US.

This isn't a bubble. It would self correct, not burst, then continue to rise.

The value of the U.S.dollar keeps falling and is destined to fail.


On the other hand:
This is actually being used to draw us all into digital currency.

The next step is for governments to introduce their own crypto currencies and offer us an amnesty to convert into government sanctioned digital currency before they clamp down on it.

Might sound stupid but it's the plan of the A.I. that's controlling the globe.

Hahaha, part truth, part conspiracy theory. Troll if you want

And here I was think it was actually the Rothschilds that controlled the world!!!!

[zorced]

What is the legit way to trade cryptocurrencies from Trinidad especially the others aside from Bitcoin?

[jahs0ldi3r]

^ but how big can the bubble get before it bursts. I might buy some but perhaps not more that 200 US.

This isn't a bubble. It would self correct, not burst, then continue to rise.

The value of the U.S.dollar keeps falling and is destined to fail.


On the other hand:
This is actually being used to draw us all into digital currency.

The next step is for governments to introduce their own crypto currencies and offer us an amnesty to convert into government sanctioned digital currency before they clamp down on it.

Might sound stupid but it's the plan of the A.I. that's controlling the globe.

Hahaha, part truth, part conspiracy theory. Troll if you want

And here I was think it was actually the Rothschilds that controlled the world!!!!

Yeah they do, as a proxy for the real evil and intellect behind them with the master plan who gives the marching orders!

[4kin4kar]

Guys Guys Guys, You can sell your bitcoin on an exchange but how do you get the money home?

[Chimera]

if you use something like iq option,

you can have it credited to your credit card or wired to your us bank account
not sure if it can send to a tt bank account


or you can just buy something with the bitcoin and ship it and sell it lol

[paid_influencer]

when we all cash out, will we have to pay taxes or make a declaration at the bank?

[RedVEVO]

Guys Guys Guys, You can sell your bitcoin on an exchange but how do you get the money home?

Why you want it home ?

Leave it outside

[4kin4kar]

Ok guys, Try selling a small fraction. Its very hard getting the cash in Trinidad. I have to sell...... who want to buy?

[RedVEVO]

Ok guys, Try selling a small fraction. Its very hard getting the cash in Trinidad. I have to sell...... who want to buy?

What is the asking ?

[jahs0ldi3r]

You can also buy gift cards using your bitcoin at gyft.com. They have gift cards for most major online stores like Apple, Amazon, Google play store, eBay, Nike, etc, etc,

[4kin4kar]

$10000 tt per .1 btc

[paid_influencer]

10,000 the man say oui

[Duane 3NE 2NR]

10,000 the man say oui

right 0.1 is worth TT$10,988.73

so yeah that's a pretty good price

[Chimera]

but if you have to sell it and pay the commissions/fees and actually get the currency down here...can you say its worth $10,000 cash

[pugboy]

Paying by person with cash and seller sending direct to buyers wallet is best and cheapest way.
Only network transaction fee involved.
No exchange or credit card fees etc.
Of course if your coins are not in your wallet but stored online with a big exchange they might charge additional fee when you send it out of their hands.

[drchaos]

10,000 the man say oui

right 0.1 is worth TT$10,988.73

so yeah that's a pretty good price

Bess price ... TTD worth the same as toilet paper.

[D Phil]

Glad to hear people trying to set up bitcoin trading services in tt. It's about time. Last time i checked only a company in Barbados was allowing you to cash out. Bitt.com i think it was.

I've been investing in btc for close to a year now. Holding several coins.

[D Phil]

What is the legit way to trade cryptocurrencies from Trinidad especially the others aside from Bitcoin?

Most coins are paired with bitcoin and ethereum.
So to trade you would have to get one of these firstly.

Sadly trading remains a pain in TT. Where iam you just pop into any bitcoin atm, scan you bitcoin address to the camera and insert cash, then you have bitcoin in your wallet. Or you can send it directly to the exchange.

[redmanjp]

So do the local exchange have central bank permission to trade?

And do we have to declare cryptocurrencies in tax returns?

[Dizzy28]

So do the local exchange have central bank permission to trade?

And do we have to declare cryptocurrencies in tax returns?

CBTT has informally has stated their position. Not sure if they have given a formal position.
They are treating cryptocurrencies as a commodity similar to insurance policies etc. and not as money and as such people as free to deal in it once you are in compliance with all the AML laws.

[redmanjp]

Glad to hear people trying to set up bitcoin trading services in tt. It's about time. Last time i checked only a company in Barbados was allowing you to cash out. Bitt.com i think it was.

I've been investing in btc for close to a year now. Holding several coins.

I guess u smiling all the way to the bank now

[paid_influencer]

you have to count and bag the coins before you go to the bank

[jahs0ldi3r]

Glad to hear people trying to set up bitcoin trading services in tt. It's about time. Last time i checked only a company in Barbados was allowing you to cash out. Bitt.com i think it was.

I've been investing in btc for close to a year now. Holding several coins.

They also have bitcoin atm machines in Barbados

[Redman]

Trade the futures.
JPM calls it a fraud.

Wait for them to say that the futures market will distort the market...invalidating the moves.

Is the question now that they CAN manipulate BTC?