Transactions between normal wallets stay as anonymouse as they always have been.
What Sout Korea did was a regulative measure to prevent money laundering and to encourage the citizens willingness to pay taxes on the profit they make with crypto currencies.
Honestly I support such moves.
They help to create a positive image of crypto currencies in the public opinion.
i support you on that mate,cryptocurrencies playing lotsof money daily without taxes beinh input and users gaining without losing any amount from the government,this korean government moves is the best action to stop laundering and make some obligation for their people to give part of the income for the countries progress.and i salute them for this regulation All exchanges which allow you to withdraw Fiat require the provision of documents. Payment of taxes will not save users from trying to ban the use of cryptocurrencies. Anonymity of cryptocurrencies is an exaggeration. Any expert can identify the user if he is not trained to cover his tracks. Cryptocurrency is a direct competitor to banks worldwide. It is more concerned about the government than paying taxes. |
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Americans are always very slow to act. But after they decide actions will have more consequences. I don't expect such consultations no good. Cryptocurrency a serious competitor for the dollar. They jeopardize the entire existing banking system. Us banks dominate in the world. I am sure that without a fight they will not surrender. The fed is very serious opponent.
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Facebook is only a platform for communication between people. The content is the responsibility of the people themselves. It is wrong to blame the mirror for a bad image. Scammers are everywhere. This forum is no exception. People need to be careful always and everywhere. Bans never solve the problem.
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Japan for me has always been a country of the future. Most new technologies appear in this country. Then these technologies to conquer other countries. I think the same will be the case with bitcoins. This does not mean that all cryptocurrencies will be legalized. But bitcoin as the founder of the phenomenon to be legalized. Otherwise, the dollar may give way Jena.
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And it doesn't help with Trump mentioning about not wanting to do trading with Venezuela and Cuba due to their communist governments. He said it right in his address to the union speech last night.  America is not omnipotent. Venezuela can sell oil to other countries. The cause of poverty is corruption. For officials, the thieves not matter what to steal. Fiat or cryptocurrency will always fill the pockets of the kleptocrats. To create a cryptocurrency is not enough. You need to have the confidence in the world. If you go this route then each store will have its own currency. |
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It seems to me that such rumors are being spread to provoke a panic. The whales are trying to lower the price. For this purpose all methods are good. In fact, no action we do not see. Bitcoin is still semi-legal asset in all countries. I like this period. We can accumulate coins and wait to raise their prices after legalization.
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Hold bitcoins is not a trading strategy. Bitcoin is very volatile. Even now the price is constantly fluctuating. Margin every day is 500-1000 dollars. Is that enough? Lol. Trade can, and must, at any price bitcoin. Here is my strategy. Retention will always be a losing strategy. You deliberately deprive yourself of profit.
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We have lived the past year in the conditions of constant growth of prices per transaction. All don't like it but we have adapted to this. The world of cryptocurrencies is very flexible. Everyone can find themselves. When the miners and programmers will understand the price of the transaction reduced. I am sure that the spread of bitcoin will reach a new level after he will be fit for use in trade.
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Japan already made bitcoin a legal currency. Would you consider your countries to also pass a law recognizing bitcoin as a legal form of currency?
In my country there is almost no talk about bitcoin and anything related to it even then some laws are going to be passed but it does not recognize bitcoin as a currency and to me it makes sense, that happened in Japan because the level of adoption there is insane, and the government is trying to find ways to stimulate the economy and this one was an easy one since they did not need to do anything except to pass a law. Who will be responsible for the consequences? Governments cannot predict the consequences of legalizing cryptocurrencies. Therefore, it is easier to ban the cryptocurrency. Each user of a cryptocurrency is worried about his well-being. Therefore, there is no unity in the bitcoin community. If we could stick to a General strategy that can be a lot of misery we could avoid. But it's the lyrics. |
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Very stupid idea to ask the advice of Google. You can always find equal number of opposite answers. Our forum is no exception. The truth is always in the middle. Perhaps for this reason the price of bitcoin is relatively stable now. Do less queries. Maybe the price will go up. Lol.
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In any event there are negative and positive. Cryptocurrency is a balanced system. Minus for one user is a plus for another user. You just need to decide on which side you are today. But tomorrow the situation may change dramatically. You can never relax. Maybe it's the quality of cryptocurrencies makes it so attractive to all.
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Okay...so I have a funny Bitcoin story for you which I heard from a friend.
A middle-aged couple bought 1 BTC for a 1000 USD recently. They were happy beyond what can be described in words at the good deal they had got. So they got in touch with my friend to ask him about how they could sell it. He sent them the links to various medium articles and blogposts on how to buy and sell bitcoin. The couple got in touch with him again and told him that they had failed to sell the bitcoin. So my friend went and met them. They then "showed" him their bitcoin. It was a plastic coin with the Bitcoin symbol on it!
I see nothing funny in this story. Elderly people find it very difficult to keep up with the changes in the modern world. They are like children. Scammers took advantage of this and tricked them. What's so funny? If their place were your parents or grandparents you laughed too ? Maybe it was all of their savings. Never laugh at someone else's grief. |
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Strange approach. Why the estimated period is only a year? What if you bought coins 2 years ago? Then the whole amount of bitcoins will be sold from your income? How to prove that is not true if the price in 2 years will be reduced and you will get a loss? When the company maintains its accounting records everything is clear. They have an article of losses of previous periods. What to do individuals?
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Are Bitcoin and other cryptocurrency banned in India and its neighbouring countries?
Bitcoin and other crypto currencies are not banned in India as of now. But neither it's legal. The finance ministry has constituted a committee to discuss and create a framework for the crypto currency users in the country and they have't yet come up with a decision. So I think, we will have some news frm them on our budget day which is scheduled to happen on February 1st. However, I don't think much effect will happen even if the government bans bitcoin and other crypto currencies in India. Our neighbor Bangladesh has already banned bitcoin, but still a lot of Bangladeshi people are active in this bitcoin market and they are also earning well. Our government doesn't have a massive infrastructure to monitor crypto users. So I believe they will not ban it completely to keep the window open for more tax income. But nothing is confirmed yet and we will have to wait for some more time to get a proper decision from the central government. It seems to me that the biggest problem of the bitcoin community is disunity. We are waiting for the government's blessing. Many people look to events in India as on news. They do not understand that now ban of bitcoin in Bangladesh in India tomorrow and the day after the ban will be in your country. Now you need to create a system in which bitcoin will continue to exist without the use of Fiat and will not be divided by state boundaries. |
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Bitcoin doesn't accept templates. It is impossible to predict the behavior of bitcoin based on past periods. There are many factors that affect its price. These factors are never repeated in the same proportion. To tame bitcoin will fail. We can only adapt to his whims. It makes our life more interesting.
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I doubt that bitcoin can fall to the level of $ 5,000. In any case, bitcoin has done its job. The world will never be the same as it was before the emergence of bitcoin. Even if bitcoin dies it will be replaced by another cryptocurrency. The obtained knowledge will allow you to quickly recover losses. I'm glad I live in this time.
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In my own opinion, I think yes. Bitcoin can close big establishments in the country because workers would surely pull out or resign from work. It would be harder to get some human force to work for their businesses.
Why do you think so? I don't agree that bitcoin can stimulate the closure of production facilities. Owners of companies will have to compete on wages to retain workers. It is the market. Many States use the oligarchic model of the economy. People have become hostage to low wages. Bitcoin allows you to break this vicious circle. |
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i'm using different ip address and password for every exchange i'm on. and 2fa if it is possible. you cant be to safe.
change passwoord regulary and if they hack one you still have all others.
it has to be resolved. crypto is so fragile right now. we can use a few weeks without bad news
How it can keep you from losing your coins on the exchange? Nohow. To hack into your account very expensive. It can hack only if you'll allow it. Breaking of the exchange more profitable. We are talking about big money. You can attract more hackers. So using all these precautions will not protect you from losses. |
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The growth of capitalization eth is associated with the outflow of investment from bitcoin. If not solved the scalability problem of bitcoin he may die. Now it really is better to use eth. It seems to me that the miners have relied on bch. For me it is not clear why the developers do nothing. Perhaps the war is lost. Wish. We have all become hostages of the situation.
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The income of the magnates of the type of Soros is largely based on corruption. There are always officials that money disclose such speculators as it is the data which will become known to all men only a few hours or days. This allows you to make them their millions. In the case of bitcoin this is impossible. Therefore, their knowledge and skills can be of practical value in cryptocurrency market.
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