"Investigators must familiarise themselves with the diverse range of account and payment references and file formats of digital wallets used by the different payment mechanisms in order to recognise these in both standard and forensic investigations." " The agency also argues that it is not efficient to regulate cryptocurrencies, because those who are not breaking the law will comply and be at a disadvantage." Want to learn but not to regulate bitcoin. During the period of prohibition of alcohol in Usa " consumption of alcohol .... rose steadily after an initial drop. Annual per capita consumption had been declining since 1910, reached an all-time low during the depression of 1921, and then began to increase in 1922." http://www.cato.org/pubs/pas/pa-157.htmlEvery prohibition increase or give the contrary of needed or wanted effects. When this lesson will be known to the developed police agency of the European Union named Europol? What you want to say my friend ? They recommend to not regulate the cryptocurrencies (understand "bitcoin") but this will increase the cyber crime. Like the example of the increase of the consumption of alcohol during the time of its prohibition during the period 1920 - 1033. In this period the alcohol was prohibited because the authors of this prohibition wanted to prohibit the people to drink. The result was totally diverse: the increase of the use of the alcohol. The Europol recommend to not regulate (understand "prohibit the use") of cryptocurrencies because the regulation will increase the cyber crime (according to them). While the not regulation will decrease it. It will be the opposite. Like in the example of prohibition of alcohol. Because the non regulation is like the denial (thing made during the period of prohibition). |
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"Eventually the banks will realize that the Bitcoin blockchain is the most secure and useful blockchain." It is only the beginning. The New Era will be very long. Bitcoin will rule "everything" but mostly the world of technology. |
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"Anti-virus software pioneer John McAfee is now accepting bitcoin in his 2016 presidential campaign." Good for this. But maybe this news will help McAfee products to be better than it is at the moment. It was one of the best anti-virus time ago. Now catch only my ass. Hope that if John will be President don't "meliorate" even the United States like its anti-virus. |
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"Investigators must familiarise themselves with the diverse range of account and payment references and file formats of digital wallets used by the different payment mechanisms in order to recognise these in both standard and forensic investigations." "The agency also argues that it is not efficient to regulate cryptocurrencies, because those who are not breaking the law will comply and be at a disadvantage." Want to learn but not to regulate bitcoin. During the period of prohibition of alcohol in Usa "consumption of alcohol .... rose steadily after an initial drop. Annual per capita consumption had been declining since 1910, reached an all-time low during the depression of 1921, and then began to increase in 1922." http://www.cato.org/pubs/pas/pa-157.htmlEvery prohibition increase or give the contrary of needed or wanted effects. When this lesson will be known to the developed police agency of the European Union named Europol? |
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Bitcoins of the week received. Thanks! May your moneys multiplied every day!!! May this campaign doesn't finish never.
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Coinbase is a big example. I am user of this business since almost the beginning of those. Now have millions of users, offer, except being a bitcoin wallet for every country of the world, the bought or selling of bitcoin with excellent price in 26 countries (or more, I am not sure about this) and now even can be traded on it.
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Is China's currency going to become the world reserve currency within a few years?  There is not never only one reserve currency in an Central Bank or similar Authority as a reserve. There are two or three and naturally gold. Us dollar is almost in all of countries part of reserves because of the role of United States have and play in al the world, the power of its economy and the faith in its money. The other currency can be different by most of European countries has euro as the second currency except us dollar. As for the Chinese currency, I think that in the countries which have close connections (economical and political ones) with China it will be possible that part of reserves be in the Chinese currency. China now is a world powerful economic country. So it is natural that part of reserve money in that kind of countries be the yuan. They have to do to much with China and the Chinese yuan is fixed as a value. So (apparently) a strong currency. But I don't think that it will be more important than us dollar. Nor today and nor in the future. United States have more influence in all the world and this kind of things are even a little political except economical. I don't think that China will surpass someday (in the political meaning) the power and the influence of United States of America. |
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I think you should accept none, besides bitcoin.
What makes any alt coin so special, unless they been promoted in some casino being accepted: eg: clam like justdice.
That's correct I think. Every other coin except bitcoin have no difference from each other. Some are used a less more and others some more. But all those are correlated with bitcoin. Follow bitcoin and have much less value compared to it. So if you ad bitcoin you have added every of those. There is not particularity among those which can make one of those so special to have the right to be differentiated from the others. |
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Very good news. Swiss is the motherland of the money. If this country will be friendly with bitcoin (as it is verified) this is a big help for bitcoin itself. Because the example of Swiss will be followed by other countries. Those will act faster toward the regulatory environment of bitcoin like the case in which the Swiss could has been hostile versus it. |
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We can know the exact amount of bitcoins produced in every moment but never those in circulation. To many bitcoins can be lost or blocked or destroyed at the computers in which they were. |
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Just wanted to get thoughts and do sort of a survey.. In your opinion, who fits the description Bitcoin Whale? Who's eligible to be called a mini whale? Responses appreciated  Follow me on twitter: @cryptotipzA bitcoin whale can be only Satoshi Nakamoto. Only him has the right to be named in such way: has one million bitcoins. All the remaining people which own bitcoins are mini whalers. Are diverse races so one have more and another less more but yet to much few compared to the one bitcoin whale. |
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Hello! I'm interested in Your opinion on the future of Bitcoin.
I suggest to everyone to vote in the poll.
Let's see who has the most, the optimists or the pessimists?
Please leave Your opinions in the comments.
Thanks to everyone who voted!
Very shortly. Bitcoin is a great invention. Is the first materialization of peer to peer technology which now is be applied every day more and more in different field of economy replacing the possible old existing technologies. Is an invention, I think, which will know only development. In which way, this remain to be seen. The time of its legality remain too a big interrogation because is seen yet as an concurrent and not as an big positive invention which can revolutionize the world of currencies. I think that bitcoin will be supported always from the technology which invented it so it will no stop and no disappearance of it. |
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...and why do you think so ?
On Thursday. Because Willybot. how high do you think it will go? are you joking =w=? No. He is saying the truth. The amount of "how high it will go" it will be known after two hours from this moment. In that moment he will do another post with the exact price. Then we will be all here to know this price. |
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Isn't it a greater risk to buy bonds when the government is in debt?
The answer is no. The governments bonds are money borrowed from the State and as such are secure. So you have the security that you will have back your money and its interest (normally) the day in which they are matured. The word "normally" is connected with situations which are extraordinary and have great impact in the life of one country (for example an war). In that cases the bonds cannot be given but not denied. Never. Even in its more difficult days normally every government give the money of bonds and their interests to the owners. Not only that but offer others (if it is in difficulty) will higher interest. Even, the main thing that the people invest in bond is not the interest but the security of the money given to buy the bonds. Is the given of the money to the State which never deny its debt to its owners. For more about government bonds you can learn here: https://en.wikipedia.org/wiki/Government_bond |
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Original Post :
I am going to re-post or rather copy paste an article from siliconindia here with my question that will follow it :
Original Article :
Location plays an important role in the progress of any business. Also, obstacles are an integral factor in the expansion of any business. Lesser are the obstacles, better growth can be expected in the business.
Nowadays, most of the nations are targeting on the revenues, coming from the business, inside their boundaries. While some countries already had friendly policies for the ‘already developed’ or ‘developing’ business within its boundaries, some other countries are now accepting newer policies to encourage the same.
According to the list of the ‘business-friendly’ countries in the world by ‘doing business’, India ranks 132, while Singapore tops the list.
1. Singapore
From the last few years, Singapore has been ranked as the best country for business. Singapore provides an encouraging environment to all the newcomers, irrespective of their gender, nationality, etc.
At present, Singapore is the fourth largest financial center in the world and is also an impactful nation. Major portion of Singapore’s GDP comes from its manufactured goods. Export and import also plays an important role in the economy of Singapore.
It has the fifth largest as well as the busiest ports in the world.
2. Hong Kong
Hong Kong is highly known for its low taxation and free trade policy, has retained its second position this year; it ranked the second position last year. Hong Kong’s per capita income is very high compared to other Asian countries.
In terms of business, Hong Kong provides the maximum economic and financial freedom in the Asian region. The quality of life in Hong Kong is also very high and has already received many appreciations from the UN and WHO.
3. New Zealand
New Zealand has a highly protectionist economy that offers a free-trade economy. Its free trade policies are one of the main reasons; it is still the third best country for business.
New Zealand has one of the modernized as well as developed economies in the world. It’s GDP and PPP is also very high.
Agriculture is one of the main reasons behind the economic growth of New Zealand. Over the past century, wool was the main agricultural products of New Zealand. However, the reduction in the price has made dairy farming as one of the main source in the recent times.
4. United States
The nineteenth century has been the best period for the economic growth of U.S.
U.S. stands in the fourth rank in this list; it was also the same in 2012. It has the largest economy in the world as well as a higher rate of per capita GDP.
It has a capitalist mixed economy, which depends mostly on its natural resources. The U.S. currency is one of the mostly used currencies across the globe.
5. Denmark
Doing business rank (2011): 5 Doing business rank (2012): 5
Denmark is the pioneer nation to introduce social and labor-market reforms. This took place in Denmark in the early twentieth century. Well, this is the main reason of Denmark’s highly developed economy.
Denmark has the most flexible labor market in the Europe. It has also been ranked as the easiest place to do business. Setting up a business in Denmark can be accomplished within a few hours and the cost is also comparatively low. The flexibility in the market allows the employers to hire employees whenever they want and also do the same, in case they has to fire the employees.
6. Norway
Norway has made a progress of one move. When last year, it was on the seventh position, this year, Norway has made it to the sixth rank in this list.
It is second wealthiest county in the world. From the last six years, it has been the leader in the Human Development Index rate. The Norwegian economy is considered as one of the most stable economies in the world.
The main resources of Norway are petroleum, hydropower, forests, minerals and fish. It also has one of the highest standards of living in the world.
7. United Kingdom
Last year, United Kingdom was ranked as the sixth best nation to carry out business. This year, it has slipped down to one slot to the seventh position in the same list.
United Kingdom is the world’s first industrialized nation of the world and is considered as one of the developed nations in the world at present. Its economy is the sixth largest in the world.
It is an impactful country and has a higher influence in the international trade and commerce. It offers much freedom of business to the insiders as well as to the outsiders.
8. South Korea
South Korea has climbed up by seven slots and is ranked as the eighth best country for doing business; last year, it was on the fifteenth place.
The economy of South Korea, which is highly dependent on the exports, is the fourth largest economy in the world. In order to promote international trade, South Korea joined hands for a free trade government in 2010.
South Korea is one of the global leaders in exporting robotics, electronic products, petrochemicals, automobiles, ships and petrochemicals.
9. Georgia
Since Georgia is very closely associated with the Black Sea, it has been the trading partners of many other nations from the ages. During the olden times, Georgia was one of the leaders in trading valuable and precious metals; gold, silver and coppers were the chief metals. Wine making has also been one of the traditional businesses in Georgia.
At the recent times, Georgia has reformed itself into a free market economy. It is one of the fastest growing nations in the world. It has been ranked as the ‘the number one economic reformer in the world’ by the World Bank.
10. Australia
In the year 2010, Australia was ranked as the third country in the list of 'Index of Economic Frredom'. Australia has the thirteenth largest economy in the world and is also the country with fifth largest per capita GDP.
Australia's trade and commerce started rising vigorously by the starting of the twenty-first century. even though the Australian economy tasted growth in the early 2012-2013, its non-mining economy affected its economy by a certain extent.
Agriculture has been one of the main sources of Australia’s economic growth.
NOW My Question :
Some of these countries are already Bitcoin friendly, after all most of the Miners and traders are from Japan and US. But which of these countries has the best possibility to turn into what 'Switzerland is to Fiat currency' .. in other words, which of these countries are still under exposed to the concept of Bitcoin and why do you think they can become a better market in the future.
I don't see China. China will be, according to me, the motherland of bitcoin. It is already and it will be. Chinese people are loyal people and are to much friendly with bitcoin and the governments of Chine, even for the moment has no clear approach against it I'm sure that in the future will accept and regulate it. |
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Why is Bitcoin tied to Fiat? Why is Bitcoin value moving like a stock? satoshi said the value will be derived by the limit of total coins. But we are seeing the opposite. Why dont we mathematically calculate the value of bitcoin according to the amount of bitcoin mined?
Like
Agreed Value * Bitcoins Mined = New Value
0.0010 * 1 = 0.0010
0.0010 * 2 = 0.0020
First: Why the agreed value is 0.0010? Two: Who have decided the agree value? Three: Bitcoin is connected closely to the fiat money because is the fiat money that people have (that money they take from their work) and that fiat serve that bitcoin be bought by the most of the people (not everyone can mine - especially in our days when cannot be mined with the computer in your home). Four: Bitcoin is a currency and as a currency must be quoted and changed with the other currencies. For this needed the rate of exchange. The limit of total coins bring other things (one of the most important quality of those is the possibility to not be inflated as a currency). Then the security that its value, compared to the other currencies, will be increased in time (but which can be made true only if it will be known and regulated as a currency by all the countries). |
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A very big main post, to many words on it, to many references there and a very conviction that this event will really happen. We are at October 2015 and nothing like that is happened. For more the signs talk for the contrary. In the last two-tree months us dollar is increased about 25 % in value. To close my thoughts and to not write more about this question because I had written before in other thread about that the us dollar, according to me, will never crash. So every prediction, source, analyse, or whatever could be that which will told this thing will be always in wrong.
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What Will it Take For BTC to Reach $1000?
Let's discuss.
I can tell that, for sure, the spread if it in every single part of the world and the known and use of it from every person in the world without doubt will increase the value of bitcoin. The spread and the increase of number of merchants that accept bitcoin will, without doubt, will increase the value of bitcoin. But how and with which speed it will be this increase in time and when that increase will reach the 1000 us dollar that can be known only by no one. All this, according to me. |
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Thanks trollercoaster. But how much life has a euro banknote? When it is cancelled? And it will be this possible if one country go out of EU? So, all the notes of the country code of this country will be cancelled? |
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During the last financial crisis, all these companies decided to announce bankruptcy at around the same time. Why?
I think because this was the moment in which the bankruptcy of those happened. In a situation of crisis the things happen very soon and the events follow one another with a very high speed. In the today world everything is connected with everything. So if something happen to one of everything this reflected immediately in all the others. Immediately. |
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