Here we go again, I think the question in the above has no connection with the link stated in the above mentioned. Besides, you don't need to be worry if Bitcoin goes down to 5k$ almost, In fact, you must rejoice instead of panicking about the price. You should buy and take the chance for it actually, this is a good sign actually. |
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Japanese Ministry of Finance is going to prepare rules for cross-border transfers of digital money
The Ministry of Finance of Japan is going to prepare in the near future rules for the foreign transfer of digital money.
According to the report of the newspaper Nihon Keizai on April 5, the Ministry of Finance plans to introduce rules under which notice to the authorities should be strictly mandatory if the cost of transferring money for a foreign transfer is more than 30 million yen.
It is said that the decision of the Ministry of Finance will facilitate the consideration of the real situation with operations abroad and is designed to curb money laundering operations.
Source: Alpari
this is really great news! But don't you have other links that we can about this updates so we can verify of how true it is. Though, I knew Japan is one of the Crytpo enthusiast country who regulated bitcoin as their secondary digital currency so wonder why they are doing it now. |
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Oh my, the market is looking all red so bad that can see nothing but the red all over the place. What is the reason behind this massive market crash in the middle of this month of November? Everybody is expecting another crypto boom by the end of this year like the last, why the crash now?  The market was being red for a couple of months this year then all of a sudden it goes down more than what we unexpected to be happen. But I would agreed that majority of the community holders now are expecting that crypto and bitcoin will boom soon before end of this year. |
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Not only the bitcoin prices are falling all the top 100 cryptocurrencies are falling! (with the exception of USD coin, TrueUSD and Paxos Standard Token). Are we seeing the beginning of the end of bitcoin and the cryptocurrencies?... The people are losing a lot of money they are panicking and scared. What this could be all about? Take a quick look at https://coinmarketcap.com/ and watch for yourself how the top 100 are falling and tell me what you think I also watched it and monitored it too, but it doesn't lead me to be afraid for what happening in the market. But I now lot of the community really got scared were bitcoin down to below 6000$, but this things is a sign for me that bull run is nearly close to be happen. So we still hold our coins more. |
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I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!
In what terms that the business stops from adapting Bitcoin? Because if I am going to make an observation, bitcoin in our time now was being adapted in different form of business in terms of payment. And if ever, there is some business won't adapt it this are the type of business which is not aware totally about in bitcoin or full lack of knowledge about it. |
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In the foreseeable future, each developed country will create its own crypto currency, provided by the national currency.
How much can this contradict the very idea of Bitcoin as a free, decentralized system?
Need cryptocurrency state control?
In the foreseeable future, each developed country will create its own crypto currency, provided by the national currency. - For what reason why the country will create its own crypto currency? for them to control their own crypto, because they don't want to adopt decentralization instead centralization so that they have the power and fully control for it. That's the main thing reason why they want it to be happen. |
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For each campaign you joined: Signature campaign
#Joined CAMPAIGN TYPE Spreadsheet No. 22
Tell us in a few lines why you like our project Xnews Global (optional)
- it gives an updates about what is presently happening in crypto currency.
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I'm a bountyhunter, or better: I was.  I'm a translator & did a sig or two. In one year I made about 15 translations. Some were just ANN, some ANN + BOUNTY & some including WP. So what was my ROI? I spent about 3-15 hours/project. I researched for 1 hour/project I spent about 3 hours/project communicating & reading Telegram/BTT Just some facts: 3 out of 15 projects actually released a coin that is worth something. I made about 50$/hour ranging from >1k$/hour in december 2017 to almost nothing these days (that's why I stopped) 3 projects were proven scams 7 more projects are still 'pending' with an inclination towards being scams/dead projects. 50% of the money comes from 1 project 40% of the money comes from another project I had to wait 1 month for the most profitable bounty. I'm waiting for more than 6 months for about 10 projects (of which I assume I will get noting from at least  SO: was it worthwile? yes BUT only thanks to the crazy bullrun. Would I recommend people for participating in bounties NOW? HELL no... As I can see in your experienced, you are a hardworking bounty hunter. And I admired your dedication and determination you applied for those activities you've made it before mate. Though, almost the whole year of 2018 was really frustrating for the bounty hunters, but we do nothing about it only we need to wait on the right time. But honestly speaking, the ICO bounty campaign now are good compare last month of October dude, that's what I saw. So let us still be bullish on the coins we hold so far. |
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Bitdepositary CEO Tobias has alleged that hotbit exchange is a scam , he said it has fake volume and the bot keep dumping every coins listed on it's platform.. Bitdepositary Q-ratio ICO is founded to fight scam, a letter has been written by them to delist hotbit on coinmarketcap.
What is your experience about hotbit? Is it really a scam exchange?
You better know that in crypto and bitcoin world there are two types of exchange site platform, those are centralize and decentralize exchange. What are the centralize exchange these are the platform requiring KYC or has an activation of 2FA one of the example for this are Binance, Bittrex, Kucoin, and more. While in decentralize exchange are Idex, Etherdelta, Forkdelta, and etc. So if I were you, better go in the centralize exchange than decentralize trading platform. So if Hotbit will be delist it means they didn't meet the minimum quota volume market for a couple of weeks that could be the reason I think. |
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So saw many self airdrops of ERC20 tokens and wave platforms in social media. They would promise their investors a cheap token price purchase, and in turn promise a good listing price at the exchange. 98% of these self airdrop never make it to exchange, and the few that get listed in a decentralized exchange get pumped for 2hrs and there after dumped forever. Why do you think people still patronize these scamming project and not study good ICOs and buy?
Oh my God! this has been discussed many times, because of their stubborn behavior they would really never learn from it. Even you reminded them several times, because their ears and eyes are both closed, so the tips or advises will just be turn into useless things for them. So there's no reason for us to give them an advise or reminders if they don't know how to listen, they will continue and continue for doing it because of the greediness they have in their mind. |
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Over the years cryptocurrency has evolved into a global currency but governments are trying to sweep it's relevancy under the carpet. We all know that the eyes of the community are now opened to the importance and blockchain technology.
What baffles me is why are the government making lives difficult by banning or limiting it's use? Is it because it threatens the political power or are they scared it will improve the global economy or force the traditional banks to reduce their ridiculous interests rate which we have been robbed of for decades now.
What is your take on this and what do you think will make governmental bodies to finally accept crypto?
I just don't know if the topic question is right or not there must be other right term for it maybe.. Because, if some government are afraid of cryptocurrency or it threatens them for real, why some other country made a decision to regulate it to their own territory if it is really a threat? like for example JAPAN digital currency/virtual has been already adapted in this country. This is showed that there is no threat in crypto currency, it is only in the mind of the official in the government, am I right for this thought? |
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Crypto receipts! This is the most perfect thing I have ever read about the blockchain: Citi has developed an instrument it is calling a digital asset receipt. It works much like an American depositary receipt, which have been around for decades to give US investors a way to own foreign stocks that don’t otherwise trade on US exchanges. The foreign stock is held by a bank, which then issues the depositary receipt.
In this case, the cryptocurrency would be held by a custodian, with the so-called DAR issued by Citigroup, the people said. The bank would alert the Depository Trust & Clearing Corp., a Wall Street middleman that provides clearing and settlement services, that it issued a receipt, one of the people said. That lends an important layer of legitimacy and gives investors a way to track the investment within a system that they’re already familiar with, the person added. I want to cry. I want to give those paragraphs a hug. I have written, more than once, about the complexities and inefficiencies of having pretty much all U.S. stocks held by DTCC. “It’s enough to make you wish for a blockchain,” I once wrote. A secure, open, permissionless, immutable record of who owns what, one that doesn’t require investors to trust either a bank or a central Wall Street intermediary or to rely on those intermediaries’ old-fashioned systems: That is a core dream of the blockchain, a central appeal of cryptocurrencies. And then here is Citigroup Inc. looking at investor demand and concluding: Yes, sure, Bitcoin is great, but what Bitcoin investors really want is to hold Bitcoins in the form of receipts issued by a giant bank and registered at DTCC. That’s where the real innovation is! That’s what the people want! “Take this blockchain away from me,” they cry, “and give me the old system that I know!” A claim that you sometimes hear is that the blockchain will revolutionize back-office processes — settlement, custody, etc. — in the financial system. But look at the actual experience of cryptocurrency custody. The main story of institutional investment in cryptocurrency these days is a story of custody, broadly speaking: Large institutional investors want to get access to Bitcoin, but they do not want to own actual Bitcoins, themselves, on the actual Bitcoin blockchain. They want Bitcoin exchange-traded funds, or Bitcoin futures, or Bitcoins held in custody by regulated crypto exchanges or traditional big banks, or, sure, crypto depository receipts, why not. Everywhere there is a blockchain, a trusted central intermediary — often a bank or other old-school Wall Street middleman! — springs up to make it useful. Does that tell you anything about the prospects for blockchains to replace central intermediaries? I confess, though, that it goes the other way too: “Two financial technology companies won New York state approval to issue cryptocurrencies pegged to the U.S. dollar,” the Gemini dollar and the Paxos Standard, “creating more regulated and transparent competitors to Tether and other so-called stable coins,” which are in turn competitors to … the dollar. If you want to hold your Bitcoins through a bank, you can, but on the other hand if you want to hold your dollars through a blockchain, you can do that too. https://www.bloomberg.com/view/articles/2018-09-10/keep-your-bitcoins-in-the-bank.... Summary: Citibank has created something they call a "digital asset receipt(DAR)" which could allow purchasers of bitcoin to have banks hold their coins. The details aren't clear. There isn't much information posted here about minimum purchasing amounts or who digital asset receipts will be marketed to. Its nice to see innovation and new offerings for crypto enthusiasts. Although I have a feeling these digital asset receipts might come bundled with $100,000 dollar minimum investments and cater only to high(er) end demographics. I would guess some would opt for DAR's if they could provide insurance on bitcoins and crypto up to limited amounts. - this is such a great news to us as a bitcoin enthusiast anyway  Perhaps in some other nations they've already started that other banks are now starting it too adapting the concepts of crypto, If I am not mistaken Unionbank are open unto it too, then other bank companies also are planning to shift on this adoption. Hope it will continue until all people will become aware by this matter. |
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in the future, will there really be a need for fiat currency? Government can collect taxes in crypto, determine how to allocate it, and spend it in crypto. Ppl can receive salaries and do all commerce using crypto. Loans can be done in crypto. Fundraising can be in crypto. Sure, problems have to be worked out in terms of scalability, does it have to be completely decentralized, etc, the value has to become more stable. But theoretically, is there any reason to have fiat in the future?
It has been established that governments can now do taxation without representation by printing more money (which is a tax on everyone holding the currency), instead of trying to get a bill passed that allows it to increase the tax rate. With crypto this would be no more. All increased taxation would have to pass a vote.
From an economic standpoint, the idea that a country can stimulate its economy by adjusting interest rates is tenuous. There is just as strong an argument that lowering interest rates has caused speculation and bubbles, with calamitous results. In a crypto market economy, capital will flow from where it is needed less to where it is needed more.
Nowadays, Fiat currency has still a big role in every country's circumstances. In every problems we faced it is always apart of solutions that fiat currency are involved in it. Probably in the near future, were going to have an innovations regarding the system about in payment, once the blockchain technology adopt by the government in the entire world, time will come fiat currency replace by the virtual currency, this just according to my perceptions anyway. |
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We all experience being financially challenged and we cannot deny that money makes us revolve around it. When we find ways to alleviate our financial suffering, we stand our ground and spend so much effort just to see the result and of course, benefit from it. Do you think that spending time and effort to gain bitcoins is a rational idea? Do you think that you could've been wasting your time? Let me know about your thoughts.
Do you think that spending time and effort to gain bitcoins is a rational idea? - Yes it is, but for us to gain bitcoin especially to a particular people who is just a beginner here, I think they can't able to buy a huge of bitcoin so their main tools for them to have it they need to participate in any of the bounty campaign projects. This is only things which I saw that can be an instrument to have bitcoin without getting any money from their pocket investment. Do you think that you could've been wasting your time? - if you believe in bitcoin, of course not, its not a waste of time. But if you doubt about it it is yes a waste of time. |
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If you don't believe in the ico project but you've heard to some of your friends here that you could possibly get a profit on this methods and you want to try to invest, risk will come up to you. Why? because you are deciding to invest your money in it. However, if you believe that one of the ico project has a potential things to become a successful in the near future, you will definitely invest on it without hesitation, due to the trust you have in the project which is the reason why you decided. I guess you get my point.
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Hey,
I have been investing in some btc recently and i have seen that in my country i can pay for example in a pizza restaurant (when i order online) with online coins.
Do you think that btc will become the future currency of our world?
We have our own bet digital money of who will be the future currency, and of course majority here said that it was Bitcoin has a chance to become a world currency and can replace fiat currency soon, but other's said it is Ethreum, some are Xrp, but still we don't we don't know what could possibly be happen, so what we can do is hold the coins we are believing for until it reach the value of what we are waiting for it. |
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BEFORE:
Negative impact on the economy as per the past government.
The remittance market is increasingly $26 Billion annually which is rank no. 3 in the world.
Charities has limited reach internationally because of high transfer fees.
Unqualified merchants to accept digital currency.
10% transfer rate from fiat money.
NOW:
You can now purchase goods using a bitcoin in some small online merchants.
Availability of Bitcoin Atm located in Salcedo Street, Makati Philippines.
Bitcoin as donations given to the charities reaches internationally
Pay services using bitcoin.
Buy foods and drinks in the fastfoods in the philippines.
Lastly, increasing and growing numbers of people using bitcoin in the philippines.
This is how our country adopting a new technology, How's yours? Please share with us.
I can't deny that most of community in the Philippines are now aware about in bitcoin, in fact, in the exchange they have which is coins.ph it is already accepted Ethereum, Bch and Xrp as payment whether in remittance or cash in for the banks. So I do believed time will come it will become more attractive later for the community of this country about crypt's and bitcoin. |
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As far as I can see and my idea about it, because of bounties lot of crypto's appeared more likely in this type of business. Literally, and honestly speaking bounty really gives opportunity for us ton earn here were most of the community became successful here in terms of financial problems , meaning it is not only designed to educate people to understand what bounties is, but of course for us to know the usages of each altcoins too.
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It
Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
All individuals here are free to express what they want to give an opinion. Now, comparing things into other things perhaps is unavoidable and cannot be change too. Though, Gold was already ancient actually, its been a thousand of years being used by the people while Bitcoin is only close for a decade but in just a matter of short period its surpassed the value of Gold. |
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Since I started in the crypto currency world I have never heard or read in this thread forum that there are participants joining
airdrops that have received a great deal of value, because the fact is usually at low cost only each participants receives in the
airdrops programs as far as I know.
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