The European Court of Human Rights is really in Strasbourg. He considers any issues of violation of human rights, which are specified in the Convention for the Protection of Human Rights and Fundamental Human Rights of the 1950s. Therefore, if a specific citizen of a country that signed the 1950 Convention on the Protection of Human Rights and Fundamental Freedoms considers a violation of his rights by the state that he is deprived of lawful use of a crypto currency in his country, he can apply to the national court and pass all courts in their country, within six months, apply with a relevant application to the European Court of Human Rights against their state. The European Court may have considered this violation as discrimination (Article 14 of the Convention), but it is mandatory as a violation of the right to a fair trial by the courts of that country (Article 6 of the Convention).

A concrete decision of the European Court of Human Rights is mandatory for all countries that have acceded to the above Convention. Germany acceded to this Convention on 05.12.1952, therefore it is obliged to comply with the decision of the European Court.

Why do some people think that bitcoin can not be regulated ?. If Russia adopts the bill on criminal responsibility for the use of crypto currency as a means of payment for goods and services, we can see in practice whether it is possible to prohibit crypto currency or not at all. If the crypto currency is actually banned, then it can be regulated even more so. Including the introduction of nosologoblozhnnye for this type of activity. To do this, it will be sufficient to oblige exchanges, exchangers, banks to require identification of the person in all who will convert the crypto currency into fiat.

And how such a legalization of the crypto currency is consistent with the draft bill on the introduction of criminal liability for the use of crypto currency as a means of payment? Or is Putin not aware of this? I have been observing for almost a year how different conflicting information from Russia appears about their intention to introduce and legalize the crypto currency, after which other information about its possible prohibition immediately appears. It seems that while there is some kind of incomprehensible game, and no more.

I am amazed at the rigidity of the measures being taken regarding the criminalization of the use of crypto currency as a means of payment. It seems to me that administrative responsibility would be quite enough if Russia wants to prohibit the crypto currency. But why put this in prison? Why such cruelty? And this despite the fact that Putin is always represented as a kind president who is going to legalize the crypto currency.

The higher the cost of bitcoin, the closer it will be to its end. The high cost of bitcoin will simultaneously pose a big risk to its holders. The high cost of bitcoin will force them to constantly monitor the news in order to avoid possible losses and any negative information can cause a panic that will trigger an irreversible process of devaluation of bitcoin. Sooner or later this will happen all the time and then another crypto currency will have a chance to repeat the path of bitcoin. To prevent this, the Crypto-currency should not grow in price due to a sharp increase in speculative demand, and develop harmoniously, without going far from the other crypto currency in the price plan.

I do not see a clear prohibition for US citizens to invest in ICO. However, if such a ban exists, entering the ICO campaign and investing its funds using various VPN programs in any case will not be considered fraud. Fraud is deception or abuse of trust in order to acquire another's property. In this case, no one else owns property, and therefore there will be no fraud. If there are specific rules prohibiting citizens from investing in the ICO, they can also be sanctioned for those who violate these rules. If no sanctions are established, then there is a ban, but there is no punishment for its violation.

I understand that such rules come into force from May this year for the countries of the European Union. That is, from this time on, the ICO companies will not have the right to require and receive identification data and copies of passports without the consent of the investor or the participant in the campaign of generosity. This is very interesting information.

There are approximately five countries in which crypto-currency is banned at the legislative level. The government bans all controlled crypto-exchange exchanges, exchangers, websites and in general everything related to the crypto currency. Therefore, the use of crypto currency becomes very difficult. In addition, criminal responsibility for operations with the crypto currency is introduced. Even with such measures, hardly anyone will want to engage in it and risk freedom. Therefore, each state has enough leverage to prohibit crypto currency not only legally, but also in practice. Therefore, all these conversations that the state is not able to prohibit the crypto currency is groundless reasoning.

In my opinion, the stability of the bitcoin price does not depend on whether or not its total quantity is extracted. Now we can observe that the higher the price of bitcoin, the greater the amplitude of its oscillations. The recent December increase in the price of bitcoin to $ 20,000 entailed its decline to $ 6,000. Therefore, the more its price, accordingly, the greater will be its volatility. The fact that all 21 million bitcoins will be mined, I think, will not affect the size of the volatility of bitcoin.

I agree that the verification of KYC by the companies conducting the ICO is quite a big and urgent problem that is waiting for its immediate solution. Neither investors nor members of the generosity campaign can be sure that their personal information and copies of passports will not be used for any unlawful purposes. It's no secret that among the ICO companies there are a lot of scammers and transferring their identification data and copies of passports in such a situation is very dangerous. Regulatory authorities, if they require the collection of such information, must guarantee at least that such ICO teams will not be fraudulent.

Now is a very convenient time to invest in bitcoin. With the release of its new version, most likely, it will soon begin to recover quickly in its popularity and will grow in value. Therefore, this may be the last convenient opportunity.
The same applies to altcoyins, since after bitcoin begins to increase its value, almost all altcoyins will also go up in line with bitcoin.

It's silly to say that bitcoin can lead to the destruction of banks. Regular money in paper form and cashless will always exist. The state, in order to regulate the economy and plan its indicators, will always need money fiat, which are stable in price in relation to the crypto currency. Banks serve this activity of each state. Planning in the economy is impossible because of its high volatility. Therefore banks and money fiat will always exist. Banks will lose significant profits due to the introduction of the crypto currency, but will have to adapt to it and extract part of their profits from its use.

And why is no one here talking about the new ForkDelta exchanger that appeared recently and which is an analog of EtherDelta? This is a very good exchanger, fast, about it so far only positive feedback. However, due to the fact that it is new, the volume of trades while it is small. Maybe the situation has changed in this plan for the better in the last week.

Bitcoin this year can finally significantly improve its position compared to its beginning. After the release of a new version of Bitcoin 0.16.0, it must return the trust that has shaken to it. This year, he will necessarily exceed his previous December record and go further. We do not know how some states will react to this, which they see in increasing the price of bitcoins as a threat to their economy, as well as the threat of losing their investments by citizens. But in any case, I do not think that in the near future bitcoin will dominate the world economy.

If you still have a network of lightning, which can mainly handle transactions with small amounts due to security problems with transactions, it will be even very good. Finally, bitcoin will be able to earn at full strength. Within a few days, the crypto-currency market should be revived and the crypto-currency should begin to rise in price.

This is now the anonymity of the crypto currency. It seems that such rules will be introduced by almost all states. Now, almost anonymously, it will be possible to send transactions only from an individual to an individual. All the rest will be under the total control of the state and under the pretext of combating money laundering. But there's nothing to be done.

Previously, investors preferred bitcoin, because it always brought a good profit. Now I prefer except bitcoin, have different types of altcoyins. And little-known coins pose a great risk when investing, but sometimes they bring a very big profit. Since February 26 a new version of Bitcoin 0.16.00 has been released, which already fully supports SegWit, the shortcomings of bitcoin must be quickly eliminated and this year bitcoin is still able to bring good profits. Already next year, due to the high cost of bitcoin and the threat of a number of countries to limit. or even ban it due to the high cost and potential threat of depreciation, I think it will be better to switch to altcoyins.

Bitcoin has a chance to become a digital currency for daily use, since since yesterday a new version of Bitcoin 0.16.0 has been released which fully supports SegWit and should completely eliminate all existing shortcomings of bitcoin and this will allow bitcoin to make small household transactions with a short transaction time and small commissions fees.

I do not think that bitcoin will ever become the main form of money. The digital currency is most likely to be used only as one of the types and forms of money and will only go in parallel with conventional money. Digital money has many of its drawbacks for their use in everyday life for small purchases.

Nevertheless, ICO is very necessary for the development and improvement of the crypto currency. Just a lot of investors are not very versed in ICO projects, there are a lot of technical terms, and the documentation of ICO companies is made in a rather vague form. I think investors will become more discriminating over time and will not invest their money in all the beautiful projects in a row. It is because of this that so many fraudulent projects can be realized.