Interesting survey data in the US. This is for that. that according to previous polls in the US they are quite well informed about bitcoin in comparison with other countries. For example, in Russia and China, over 80 percent of the bitcoins and crypto-currencies have not been heard at all. Yes, the bitcoins still have huge reserves.
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Of course, I want to believe that such a bill in Ukraine will indeed be adopted and Ukraine will be the first country in the world in which there will be no profit from operations with crypto currency taxed after the regulation of the crypto currency. It will also contribute to the massive use of crypto currency by the population of the country and the gradual replacement of conventional cash and non-cash money from circulation.
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If such points of contact develop, then the crypto currency will stop blaming that it can be easily used for criminal purposes. This has always been a very strong argument by different governments to prohibit the use of crypto currency in the country. Without such an argument, the crypto currency will quickly be introduced by states as a means of payment.
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In this age, virtually everything that replaces the price of the product also has all the signs of a soap bubble. Gold, in principle, is nothing like ordinary metal, like aluminum. However, due to the fact that gold is very rare, people have agreed that it will be a measure of value. If significant deposits of gold are found in the bowels of the earth, it will immediately fall sharply in value and will be valued only as metal. The same can be said about paper money. If all people do not perceive, say, the dollar as a means of payment, it will also turn into a beautiful, worthless piece of paper. Until people support bitcoin and consider it a measure of value, it will not be a soap bubble, but a full-fledged digital currency.
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Now many banks have already ceased to ignore the crypto currency and seeing its tremendous support from the public, began to look for ways to approach it and possible methods of using it for profit. Some banks provide services for buying and selling and exchanging crypto currency, in Japan they even try to make a single bank card for crypto currency and ordinary money. I think in the future the range of such services will significantly expand and banks will have to play a significant role in the implementation of the crypto currency in all areas of our lives.
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This year bitkoin really made a rapid leap in the course, having increased in price by more than seven times. This greatly affected the economy of all countries, since tens and hundreds of millions of dollars were invested in the crypto currency. In this regard, the states began to study the crypto currency, trying to classify it according to standard models, but judging by the decisions made, the state authorities of different countries will not be able to come to a single opinion on the issues of crypto currency exchange for a long time. The same applies to attempts to regulate the crypto currency and introduce a profit tax on this activity. The solutions are also diverse, from the prohibition even to have a crypto currency, to its full acceptance as a means of payment. One thing is clear - bitcoin and another crypto currency has seriously declared itself and enters the stage of its official recognition by various states.
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If the Parliament of Ukraine accepts the introduced bill on the exemption of citizens from taxation on profits from operations with crypto currency, it will be a revolutionary law that could be an example of the regulation of the crypto currency for other countries. So far no one country has done this. Now the whole world is talking about Ukraine and this bill. The bill is really good for the crypto currency and people involved in it.
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Mathematically and technically installed in such a way that Bitcoin can only be mined 21 million, and no more. All this talk about how to increase its number by any means is insolvent. By holding the forks, you can get another bitcoin in a different amount. However, in this coin, only the name has something in common with bitcoin. However, this is absolutely another coin, not Bitcoin. The original Bitcoin can be produced only in the amount of 21 million.
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Bitcoin Gold developers partially fulfilled the promise and eliminated the vulnerability in respect of protection against replay. However, this is unlikely to save this coin from such a low rate. Recently, Bitcoin gold has fallen so much in price that, probably, it will not help. Although it is still possible. This coin has not yet shown what it is capable of.
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On the one hand, forks are necessary for bitcoin, because they solve the periodically maturing problems with its scaling. On the other hand, forks can not be disposed of, because bitcoin is conceived with open source and everyone can take part in its improvement.
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During the upcoming November fork, it is assumed that bitcoin spontaneously splits into two parts: one bitcoin will have more function as a means of payment, and another - a function of storing values. Then, let's see which of them will be responsible for what and what will be. Now bitcoin is on the way to big changes.
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Investing in Russia's agriculture is a necessary and probably profitable business. However, how does this fundraising relate to the issue of the original coins, if such coins are not created during its holding? I also do not understand how, in this case, the initiators of its conduct pay off with investors, especially when I wonder what stage it is at. After all, when carrying out an ordinary ICO with investors, they immediately pay the coin created in the course of it.
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Volatility, which is inherent in the crypto currency, can be used very advantageously in trading on the market, as well as when investing in the crypto currency, and in particular, bitcoin. I generally do not view volatility as a lack of crypto currency, although it introduces some uncertainty in the market of crypto currency and delivers a lot of trouble to most holders of crypto currency.
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Income in the crypto currency, how they would not be earned, should be taxed. This is a common practice of all states. Therefore, there is nothing surprising. It is necessary to get used to this, because the Crypto-currency also brings good profits to people and to ensure that this activity is protected by laws and court decisions, taxes must be paid.
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Many hundreds of thousands of people believe that bitcoin and other crypto currency not only performs all the usual functions of money, but in many ways surpass them and express unanimous support for the crypto currency, and only one of the few believes it is the other way around. Well, let him think so. We, after all, have freedom to express our views, but why should his thoughts, which express a negative assessment of the crypto-currency, be constantly quoted? Do we have any other authorities in the field of cryptography?
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In my opinion, this could be the third country where it is possible to completely prohibit the crypto currency. Since such a decision is made in connection with the fact that the crypto currency can be used in the commission of crimes and the laundering of money obtained by criminal means, it is also necessary to prohibit the dollar and also the local currency, as they can be used and have long been used for the same criminal purposes . The decision is absolutely not logical and we'll see how it will be implemented, if at all, will be accepted.
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At first I was shocked to see the title of the topic that the ICO Utrust campaign is a fraud, as some of my friends are involved in this campaign and there were no problems there. However, having read the information provided, I see that it does not deserve attention. This is a good promising campaign.
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Investing in ICO, of course, involves a certain risk. Here, you first need to carefully study everything before deciding on this. However, if it is about participation, for example, in a signature campaign, then you do not risk your money and you can only lose your work and time. However, this occupation is interesting and mostly profitable. Therefore, to participate in the ICO in this case is beneficial.
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I do not think that the price of bitcoin can ever reach the level of one million dollars, especially in the next seven years. This would greatly affect the global economy and the consequences of this may be unpredictable. The price of bitcoin will grow, but not so quickly, with sharp ups and downs. However, no one can predict exactly this.
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The bittrex exchange acted correctly, having warned its clients about the defects of the new coin bitcoin gold and decided to still bargain with this coin, although earlier, as far as I know, she stated that she would not support the new bitcoin gold coin. Developers bitcoin gold declare that by November 1 this coin will become more open and, I hope that many of its vulnerabilities will be eliminated.
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