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I would start by saying everyone has his or her own opinion about something. You would agree with me to a saying that says if you are not informed, you are deformed. People who call bitcoin a fraud or scam have no idea or clues how it works so therefore they are quick at calling and labelling bitcoin a fraud, ponzi and scam. You would agree with me that if you really want to know more about something you go into research a d findings about that thing but the reverse is the case. They are not ready to do so but some may have gotten some experience of fraud that is why they just concluded that it is so and maybe they just did not listen to advice and have fallen victim to scammers. Some really do not. I see no reason arguing with them as you can't argue with a blind man. You can only show a blind man the way by assisting him or her but if they refuse you leave them as it is not by force to help them grow. It is a thing of choice.
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On 21st and 22nd of July 2018, G20 shows some updates about Global Finance, cryptocurrency included. After the crypto-assets introduction and international recognition at the last G20 Summit in March 2018, finance ministers and the central bank governors of the G20 member countries reiterated their vigilance position regarding crypto-assets regulamentation Technological innovations, including those underlying crypto-assets, can deliver significant benefits to the financial system and the broader economy Crypto-assets do, however, raise issues with respect to consumer and investor protection, market integrity, tax evasion, money laundering and terrorist financing. Is still exists, therefore, a global recognition of new technologies, the affirmation of the same as a benefit in the global financial market, but also of their dark side, since there aren’t no regulations and protections against those who use them for shady. First of all, the requesting regulatory intervention by member countries concerns the theme of cryptocurrency global anti-money laundering (AML) specific entities are being asked for assessments and clarifications to be reported within the next G20 Summit scheduled for October 2018.
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An Exchange-Traded Fund or ETF is a fund that is traded on a stock market. They function as investment funds which allows everyone access to an index or commodity providing the same profit to investors as the major markets do. Thus, ETF stocks are one of the most popular among exchange users because of the easiness to invest in industries without being charged by the fund manager. Before buying an ETF, it is necessary to check what is included in the fund. By 2018, it has been reported that The United States Securities and Exchange Commission (SEC) is considering the idea of creating a Bitcoin-ETF. A Bitcoin-ETF would be an investment tool using Bitcoin as the main asset. The main purpose of it would be to facilitate the investing process into cryptocurrency and make it more attractive for the community. This is just a nice stept and we hope it the community accepts it.
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this is a nice topic for discussion. because currently now i think this is the only resolve scammers would have do in tricking you to patronise their exchange site upon doing such and exporting of your wallets and tokens to the exchanger they do away with it leaving you to penury. now the question is , how do we know the fake exchangers because they are everywhere now and their concepts looks so real and genuine that you would be mistaken it for the real once. nobody wants to fall a victim of this because if it should happen then it would be the worst of all time because many might just be unfortunate and unlucky. the earlier actions and steps are taken to prevent scammers and fraudsters from causing such havoc the better for us because any one of us might just be a victim of such evil perpetrated by these good for nothing fraudsters. be careful of exchange site and some programmes you get yourself involved with so as not to fall victim of such occurrence.
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Desperate for an opportunity to jump aboard in the next big thing, cryptocurrency owners are losing money by investing blindly in fake Telegram ICO websites and the most is the telebot created buy fraudsters requesting for your details and at the long run you would get nothing as stipulated buy the telebot you would receive after the of ico and in some case the account would be deleted before the ico even begins. i have had such experience after completing the task both in facebook and twitter, the bot prompt up that i would be credited some tokens into my ethereum wallet via the address given as requested by the bot when filling the form after the end of the ico till today it is a story even a bot requested for my key and immediately i deleted
that telegram page. you can imagine someone pasting his ethereum wallet address keys in a telegram chat forum even when their attention was called they ignored and left it there what would you think or say about such action form that individual?
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it is a rumor circulated last week that Samsung had entered a partnership with obscure Lithuanian blockchain startup, CopPay, that would make it possible for customers of the electronics giant in three Baltic states to pay for in-store purchases with cryptocurrency. But lately it was denied by A Samsung spokesperson saying it was a rumour aired out misleading and sending wrong information to the people and has refute such claim that samsung has started accepting bitcoin. Although samsung is yet to join the league of firms that have accepted to make bitcoin a payment option for their product and we hope and pray they do come up with a resolution of using and accepting bitcoin as a payment or legal tender for transacting business with them. this would make transactions transparent , easy and anybody from any part of the world can transact without any form of stress of going to convert fiat for business purpose in the local bank. we hope the result turns positive and samsung joins the league of multi giant firms accepting crypto.
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This is what have been ringing right inside of me. When will this start taking place in some parts of the world or generally . Some countries are still far behind not to talk of implementing it. Some prohibit it just for no reason. I believe it is a transparent course this is also a reason why some do not accept it. Another reason is that of the fluctuations in price and Value as it is not stable for example imagine you buying a product for sale now only for you to check the next minute the price has depreciated down below your calculations and expectations. You just would feel bad about it. Bitcoin is not a fiat so it would take time for such to be achieved while other advanced nations have started adapting it because they are fast developed compared to the other nations that are just trying to meet up dragging themselves along. This could be achieved in advanced and developed nations.
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This is a nice idea, asking stores to make bitcoin a payment option would go a long way making business easy and transactions transparent and fast but would they accept it or if asking them to know if they accept bitcoin payment would be OK they just might give it a second thought and decide to make it an option for payment in purchase of goods and services rendered. If consistently done be asking asking them regularly it would make them to want to know more about it, how it works and what benefits they will derive from if for those that are not fully informed about bitcoin. And for those that are fully aware would give a try in it. I believe doing this would make the local traders want to know more about bitcoin and this would be a channel to getting to the local community and letting them be involved in the crypto world.
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It is just the normal thing. Movement upwards and downwards is the business. That is the trend flow and chart for every business you do not expect it to be up always the slope must go down for it to go up. Last month it was up and very high. So it has been other previous months. So it is not a bad thing if you are patient enough you could get through it utterly if you are not patient enough to wait you can not stand the test of time the market has always been so. But one thing for sure you ought to do is having a good mindset, a good thought and a good perspective of how it works, learning to become a good trader takes your time and patience so it is in crypto and bitcoin. So going down though is bad but not really bad because it would rise up just as it has always been because that is just the norma thing in business. So your patience would determine if you can meet up with it or not. I would advise you to be patient and watch as it rises up again for the boom.
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This is obvious that hackers are always out there looking for account to bug into. Every day past one events or incidents of complaints by account holders crying to being hacked and account compromised by this insane hackers. My advice is this, before opening an account you are advised to keep your keys secret and to take note or notice of the genuine site as not to fall prey of this hackers, Avoid mail sent directly to your box requesting you to just click linking you to the main page this is just their tricks in getting your details and get access to your account. I would advise you open another account because using the compromised account would not be safe anymore as they can take advantage of it at any time. Sorry about your coins as it is all gone. You just need to be more careful and protect your private keys and mind your loggings.
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tlegram username: @oduadaolowu
tau wallet address: TYTuo9ZJczVd4Q3Du2VzX8RrVcT3vboZko
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