Perhaps this is due to the fact that they lost the court and is now preparing to hand over to the tax authorities of their customers. If so then you have a problem. I think that if people find out about what data about them is transferred to the tax office they will cease to use this exchanger. They can go broke.
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Regulatory treatment of cryptocurrencies continues to evolve, but because the technology transcends global boundaries, the influence of national regulators is limited. Since cryptocurrencies were conceived specifically to avoid governmental controls, it’s uncertain whether regulation efforts will be successful.
With a strong desire of the government can always prohibit the use of bitcoin. The assertion that bitcoin is an anonymous currency is not true. Any steps on the Internet leave their traces. On this trail you can always find the user. What we do not see effective action from the government suggests that the government does not want to do.
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Bitcoin is beneficial that gold in terms of investment and returns safety and control. But still many peoples prefer gold, it is due to traditional thinking they have. Investment in gold is conventional way of investment and going further for next many years, because of its secure returns. Still now many peoples have doubt about security of bitcoin and hence they prefer gold rather than it.
Gold is a more reliable asset. You can't help but agree with the fact that gold does not lose its value for millennia. It is a reliable asset. Bitcoin is a novelty. We don't know what will happen in the future. Bitcoin pumped a large amount of speculative capital. This makes it very risky.
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I am sure that bitcoin price will grow another few years. It seems to me that the reason for this is not only the whales. It involved the American government. Perhaps they began to turn the bitcoin bubble in order to gather in it the entire American debt and collapse prices. This will allow them to zero out us debt. We will wait for the capitalization of bitcoin will amount to billions.
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Bitcoin is really strange reacts to different news. It is impossible to predict its behavior. I think that next year my word should be said trade. If the major Internet sites start to accept bitcoin then it will definitely affect the price of bitcoin and we can see this rise of prices which has never been seen. I have high hopes for next year.
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I think that after the pump the price of bitcoin depends on the behavior of the owners of the coins. We have seen that bitcoin has reached $ 11,000, people started to sell the coins and the price collapsed. Now have to wait 12-13 thousand dollars. Those who waited for the price drop and bought coins are going to be very upset.
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It seems to me that a lot of people think bitcoin is God. They think that they bought the lucky ticket and is now having in the wallet 1 bitcoin can live the rest of their days as rich men. Bitcoin will continue to rise indefinitely. It seems to me that this is not just a mistake. This increases the likelihood that the price of bitcoin will collapse.
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Anyways, it is a major player who can give an impulse to neighbor countries to make a decision. Russia, for example, closely cooperates with China. Russian authorities, in particular, the Central Bank of Russia, make announcements on cryptocurrencies every day but the consensus has not been reached yet.
Never Russia does not recognize bitcoin. Russian citizens are forced to use the ruble. This paper. It's worthless and useless. With the help of the government of Russia withdraws from the citizens of their savings which remained from the time when the Russian economy was viable. if allowed to use bitcoin then all will go to him. In such a situation how to manage the economy?
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Look at bitcoin only as an investment. It infuriates me but there's nothing I can do about it. Bitcoin is rising in price and this can very badly affect the credibility in the future. Bitcoin was conceived as a tool for a free economy. What he has become now? A tool for speculation? If nothing changes we will lose it.
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I have always said that a bad peace is always better than a good war. Bitcoin really needs to be adjusted. It is only on the rise of its popularity and is already experiencing problems with the terms confirmation and transaction price. It is not possible to develop bitcoin as a currency.
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I am sensing that soon we can see the US government seriously looking at cryptocurrency with Bitcoin at the top for the purpose of regulating it. Personally, I am not against regulation if the main purpose is to make the field more fairer and to weed out corrupt and scammers within the industry (which is already happening right now) but it should not be aimed to kill or maimed what is being regulated. I am expecting that any move by the government has to be in consultation with the industry affected and they should not based anything on the media and those people who are anti-Bitcoin from the very beginning. The regulation of something should be done in an open environment with no vested interest making a stake above that of the whole industry like cryptocurrency. Under this kind of atmosphere, we should welcome a good-intention move for a clearer and broader regulatory framework for Bitcoin.
Do you think that Americans will legalize bitcoin? I don't believe it. America has become the number one country in the world only due to the fact that he imposed the world its model of the financial system and the use of the dollar. Bitcoin destroys this model. I am sure that the Americans will fight against bitcoin. No matter what politicians say. It is important that they do.
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I want to buy some coins.Now the Btc price is around 10000$.best thing is buy btc or ethereum now
I believe that you need to invest some of the money into Bitcoin and some in the Ethereum. Both currencies have a growth prospect in price. What is the meaning of this investment? I understand when you are trading crypto-currencies on the exchange. But for long-term storage this method does not work. All cryptocurrencies are volatile in price. While bitcoin has always drags altcoins. If bitcoin falls that Ethereum will drop in price too.
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I do not want ... I do not need the government of my country to legalize bitcoin, (that would be too good). I just do not want to be banned from using it. And the ban on bitcoin as far as I know, no country has done that yet.
It will be illegal in Vietnam starting on January. There are a couple more countries that have already declared it illegal. As things currently are, governments have no need to control Bitcoin. They only need to control the fiat being used to trade it, and they can do that effectively by monitoring and regulating businesses which accept Bitcoin and exchanges. They even get extra revenue this way. Countries that have banned or are pushing for a ban probably just don't want to go through the trouble of studying it, or can spare no resources for its regulation. It seems to me that a government that bans the bitcoin have close ties with banks. Banks do not want the legalization of bitcoin. The legalization and promotion of bitcoin can lead to a shortage of working capital in banks. They just lose the source of their income. If Vietnam ban bitcoin so this country is ruled by bankers.
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Bitcoin will rise in price forever. In the future he can become a stable and participate in the global economy. Without price stability, bitcoin will never be used in commercial transactions and will not be a currency. Then it turns into a bubble and we will witness a huge financial disaster.
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It seems to me that a good solution to this problem was invented with the increase of block size. Bitcoin cash shows incredible speed the transaction. It seems to me that if you leave things as they are we can deal with the fact that users can pay attention to this coin. I hope the developers understand this and will solve this problem. We can only observe.
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You don't need to believe. You should analyze and look at the peaks of prices. You have to wonder the point of stabilization of prices. I think this is the most important factor. Bitcoin is growing in value and very great importance with which the starting position of bitcoin will increase to the next peak.
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For such a sharp increase in the price there are no prerequisites. Imagine how much money you need to invest in capitalization of bitcoin? It seems to me that bitcoin should not be an investment asset. He can't Finance the production and is doomed to turn into a bubble. It seems to me that now bitcoin needs to become tender. This will reduce the growth rate but will increase the popularity.
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Let's not wish for any war. In Europe wars are not happening from a long time now and I hope the US stops invading other countries for their interests and not that they do give a damn about those countries. In case of a war we should save our bitcoins in a desktop wallet in a portable hard disk, we can keep them in the hardware wallet and hope to have them until the world ends.
A collapse from crypto themselves is highly unlikely as Bitcoin has demonstrated it has the capability of only increasing in value from January 2009 until now.
In case of an economic disaster we should hold them and do not do anything stupid to sell them undervalued.
In the case of economic disaster, you will not be able to use their bitcoins. The state will stop everything. It may even provoke riots. Bitcoins can replace Fiat. It seems to me that this should prompt the government to reconsider the approach to currency and to a more equitable distribution of income from the economy.
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On the Nicehash website you will find the installer of the old version of the software. You can ask older version users on the forum. Try to install it and I'm sure you will have no problems. My advice for the future never install the latest software. There are always bugs. I think Nicehash with programmers is not all right.
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They need to cope with that change, apparently, crying and blaming game is not the solution for their problem but rather shaping their system to fit with the current environment, as you can see they are now speculating too much and anticipating that the end of central banks is near, the solution here is to adapt the change and start creating new things that may save them.
If bitcoin will get a global distribution of the existing banking system has nothing to save. She can't compete with bitcoin. Banks are parasites on humans and that's why people don't like them. Banks can go to work with the state or die. I think the banks will set the politicians to ban bitcoin.
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