The communist government of Nepal is not very friendly towards cryptocurrencies just yet, because Nepalese officials are in the midst of discussing regulatory guidelines. On October 6, 2017, a task-force from the CIB arrested seven suspects allegedly involved with running “bitcoin exchange” operations. The CIB explains that the operators violated the order of the National Bank of Nepal that stated until regulations are conceived bitcoin, and other cryptocurrency exchange businesses are “illegal.”
As far as I know, the Nepali nationals can travel to India without a Visa or a passport and work there. So what prevents them from selling their coins in India and then returning to Nepal with Indian rupee banknotes? After all, the Indian Rupee is widely accepted in Nepal. Yes India and Nepal has got such an accessibility. Ban might have got imposed upon Nepal, but still people continue to make use of it. Same as that of EU here in Nepal too Indian banknotes get used. So, without any form of issues Nepalites continue using bitcoin as well other digital currencies. |
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The entire banking network getting eliminated just because of the cryptocurrency won't happen in a short or long term. Banks were the one that help with the economy of the country, as well support all levels of people through different schemes. Banks serve as the backbone of the country's growth in some manner.
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Never. Eth will never replace bitcoin , get this out of your head. I don't know how someone can come up with something like this. Are you in desperate hunger of money ? Cause this is just pure dreaming that eth will take over bitcoin .
Ethereum will grow high in value as predicted. The same doesn't overtake the growth of bitcoin, maybe in future the market capital might grow bigger than bitcoin. At present the marketplace accepting ethereum is not found much around compared to that of the bitcoin, which will also help with the growth of bitcoin than ethereum. |
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Not really, because ethereum is predicted to grow big in value. Based on that I have an thinking that altcoins that were based on ethereum platform too will grow to some extent. Better is to keep hold of the assets which provides a bigger profit studying the market moves for a specific time period.
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Free money now is ICO Airdrop when they are giving away some amount to certain amount of users.
ICO is not free money cuz its not called free money. ICO is possibility to earn some additional income with good pick and right momentum with investment in some ICO that can be latter potentially good coin.
Yes, it is not the Freemont. It is about supporting a project for the early circulation of the concern asset. When some ico becomes more potential automatically it provides the user with an added profit. For the same user needs to have the trust and the patience, because an ico to get listed into exchange takes more time. |
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When something gets into existence with uniqueness it becomes a controversial subject. Same is happening with bitcoin, and importantly being decentralized makes it much into controversy. This will slowly get saturation when people start to believe the technology and adopt bitcoin for a bigger and better development.
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If it gets over 16200 what is the new resistance? And, you guys think its more likely to go trough that resistance today or fall back? And if its falls back.. To where do you guys think it will fall back?
Looks 16600 should become the new top price for the bitcoin in this week, how so many people are talking about ripple and another altcoin. Honestly I love bitcoin but the scalability problem makes it become unreal. It looks the chart already given a little signal for us. it will fall back again. That's not assured, the price could even grow much higher in value in a much lesser time period. Look at the price increase that took place over the past year. So, at present it stays above $1600 and the new ath might get marked above $1700 by the week end as couple of days were left. |
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More users have mentioned it to be a price manipulation which is a temporary one. Anytime this could go low in value, but looking the growth happening with time it looks to be stabilized. Lot of users switched to ripple in a short and furthermore it keeps on growing in value.
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The future is much dependent upon the blockchain technology, as a beginning we can see the technology getting implemented in different service to production based firms. Apart from this the economy as well the transaction access will depend on bitcoin when the population goes beyond limits. So, growth is assured but can't predict at which price it will be after 20 years from now.
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In such a short short time frame big change has happened around the globe. In particular the change that took place with technology is very big and the same has created path for a growth through bitcoin and for the existence of lots of altcoins on a varied platform form such as the ethereum smart contract, neo based and other available platforms.
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I find this to be more worthy than any other form of investment. In terms of risk it has got an level higher than that of the common investment plans. Another thing is that through online haven't come across a growing platform with such kind of legitimacy even when there are scammers around. Large scale scams take place, still functioning virtually with the maximum goodness make it best.
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With the world moving forward technology is must to fulfill the requirements of the population. The technology has been termed to be the efficient one than most other traditional systems that we use all around. Now the blockchain technology is getting implemented over several sectors.
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Everything is possible. Bitcoin can become worthless as any other currency due to events that can not be predicted. Although at the moment it seems highly unlikely.
Bitcoin has been growing with fluctuations happening quite often. Another thing is that, more marketplace has begun to accept bitcoin, some used to terminate the bitcoin acceptance in a short because they don't get the expected business through the same. It requires time for growth and after certain time period surely the growth will be progressing and won't let it go down or worthless. |
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Surely people won't lose interest, because nowadays more and more people are getting into bitcoin as well other digital currency usage. Also a better understanding is found among people, because in the past people believed that knowing bitcoin itself gives an earning. Now they have started to realize that it has got risk as well a continued update regarding the things happening around is required.
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I don't find people against bitcoin. Majority of the opposition that bitcoin experience is from the government's of different countries. This is just because of the fear that bitcoin might collapse the economic growth, but the countries which has found it good has been making good through the same.
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There is no discrimination that such a business accepting adds value and the other doesn't. I feel that each and every small scale business could accept bitcoin and the same will contribute to the growth from the base. The same when executed by the large scale business like Amazon or some other retail services it'll easily reach the people which is the only difference.
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That's a prediction that's far away from the present price of bitcoin. If the price starts to show growth similar to that happened with bitcoin over the past year we'll reach $70k by the end of the year. Also more country's active involvement is required to experience a sustained growth.
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Heard about Ripple? It's growing for the last week and goes on: now it's close to $3. I think it's a nice chance of increasing your funds.
Yes, ripple has been growing high in value. Even the user who has invested a large volume of fiat yesterday could have gained the best profit today getting termed to be rich. Dame time the increased price has outlawed the market capital of ethereum. |
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It's just a small correction during this christmas and the new year, I am sure bitcoin will come back a lot stronger next year, keep your eyes on it. I am very bullish on bitcoin longterm.
With bitcoin a small price correction has been taking place. The same could get extended for a little more time, because though we have come close to the end days of the year price hasn't started to move forward with large variation. Possibly expect the price bump to happen by the starting days of the year 2018. |
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It is something that needs the self interest to know better. In the early days it is difficult to know much about bitcoin as well experiment the true necessity of bitcoin. Now we have got more such opportunities and several sources that describe bitcoin to be understood with ease.
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