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Bitcoin can not suffer because of the massive regulation of its states. He was created for existence in a society united in the state. In order for him to receive official status, he needs such legalization. Therefore, its implementation in the interests of bitcoin and other crypto-currencies. In determining the conditions for the passage of bitcoin, the confidentiality of its owner may suffer to some extent, but this is the necessary necessary measures.
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Is no longer news that various countries of the world are not in support of Bitcoin either as a means of payments or for trading purpose. This are been a challenges most Bitcoin users are facing throughout the countries of the world inexception of few countries.
I have begin to see it that maybe they are thinking that adoptions of Bitcoin might bring a partial collapse of the banking system and also a means of curbing money laundering.
So, let hear your views on what can be done to make our government realised the important of Bitcoin and Blockchain Technology.
It is hardly possible to influence the state in any way to speed up the process of legalizing bitcoin. It is necessary to create a good image of the crypto currency, it is necessary that citizens start using the crypto currency in large quantities and through them influence the government of their country. The states are not afraid that bitcoin will partially destroy the banking system, because bitcoin is not capable of this. Bitcoin and other crypto currencies can only partially deprive bankers of profits, but it will not affect the banking sector as a whole. |
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In the world of crypto currency, everything is very volatile. If today bitcoin is a reliable store of value, then after a while the situation may change. I think the situation will become more complicated if bitcoin greatly increases in its value. Then bitcoin will represent a high level of risk when investing because of the possibility of panic. In addition, the crypto currency is constantly evolving, there are more sophisticated types and investors can switch to new coins.
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If bitcoin is introduced as an alternative currency to the national money of the state, then the crypto currency has a positive impact on the economy of the country. So, for incomplete last year, this parallel circulation of the crypto currency in Japan added 0.3 percent to the gross income of the state. This year, the result should be even greater.
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I also believe that the price of bitcoin in December 2017 was very much inflated like a soap bubble. Today, this is the real price of bitcoin in 6000. Perhaps the price of bitcoin will soon increase and will be higher. All this is very much waiting
Yes, and this soap bubble has strongly slowed down the process of legalizing bitcoin by states. Some states used the fact of a sharp rise in bitcoin prices in December last year, and its subsequent price drop of 70 percent to recommend its citizens to refrain from investing in bitcoin because of the high risks of their money. |
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In theory, it may be so. However, not the practice of choosing an ICO project for an investor primarily depends on for what purposes the investment is being conducted - a long-term retention, in which you expect the project to unfold and toughen the price of the tokens, or in order to obtain a quick profit, that is, buying tokens with a good bonus and fast its selling at the ICO price immediately not the stock exchange. At the same time, no such deep analysis is conducted. But still, the topic is quite interesting.
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The system of merits helped because after it was introduced to the forum began to appear more quality content because everyone wants to get a merit..
Judging by your own statements, you yourself write bad messages, because in the five months of the merit system, not a single merit has been received. Before the introduction of the system of merit with the activity of 406, you would have been a senior member for a long time and would have already passed more than half of the way to the hero. Try. Maybe in twenty years you'll get a senior member. However, such a pace and in twenty years is unlikely. |
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It seems to me that everyone should now understand that reaching bitcoin by the end of this year of a price of $ 60,000 is almost impossible. Even with the fact that bitcoin often presents us with unexpected surprises, it would be very good if bitcoin at least re-reached its previous price record of $ 20,000. Of course, everything can be, but from the current positions such growth is unrealistic.
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China has always tried to choose its own path of development and its own approach to all things and phenomena. It is necessary to recognize that much they have achieved thanks to this particular approach. In the issue of crypto currency, they are trying to maintain their own crypto currency, especially centralized. Back in September of last year, before imposing its restrictions and prohibitions on the crypto currency, the Chinese government clearly announced that it considers the decentralized crypto currency to be a hurdle for the existence of its economy, since it can lead to uncontrolled withdrawal of money outside the country. Well, there is nothing to blame them for. Everyone protects their interests on the market.
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Germany recently approved bitcoin, why exactly is the approval required and what will happen after approval ?
This is not approval. This is the so-called process of legalization and regulation of bitcoin. It is necessary in any state to officially fix its legal status in any normative legal acts, to determine the basic conditions and rules for its circulation in the country, and also to determine with taxation. Without this, the state bodies, courts and other institutions will not know how to treat it. |
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We, waiting for the bull for six months, but judging by the pace of its advancement, we have a turtle. However, the second half of the year has always been good for the price of bitcoin. So let's hope that soon the bull will come to us, after all. Now, really, a lot of good information about the Crypto currency has appeared and it can be a good starting point for the rapid growth of the Crypto currency.
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Bounty hunters are alwasy blame for selling their tokens so quickly without waiting for the project develpment as outline in the roadmap. I don't think bounty hunters are to blame because a lot of bounty hunters hold their coins for years.
Bounty hunters can not be to blame for the fact that after listing for the first time on the exchange of new tokens, these tokens are rapidly falling in price. I think that investors are more to blame for this. They buy tokens with significant bonuses and it is quite profitable for them to immediately sell them at the price of ICO. At the same time, head hunters own only a few percent of released tokens and when they receive them in their wallets, then often the price of these tokens has decently dropped. |
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It's strange. For yesterday, they write about the bitcoin rate and about $ 5,000, and about $ 6,400, and now I see, according to CoinMarketCap, the price of bitctin at $ 6,194. Did I miss such changes in the price of bitictine for yesterday, or was it local bitcoin prices around the world?
In my opinion, there will be no collapse of the crypto-currency market. Bitcoin will soon gather strength and begin to grow and raise the market. True, we will not expect much growth from him this year. If it rises to 15,000 dollars, it will be fine.
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Indeed KYC prevents us from scammers and from using multiple accounts, but there is also a risk that our personal info that might get a hold of it. Well, being involved in the crytpoworld was already a risk itself, therefore, in my opinion, having a KYC is good.
Do you think that the KYC test is conducted by the ICO team among the participants in the ICO generosity campaign so that there are no multiple accounts? Team ICO in principle, vseravno how many accounts. They need to ensure that all accounts have quality messages that would advertise their ICO project. The KYC check is carried out for a completely different purpose: to prevent cases of money laundering, the use of crypto-alaith for the financing of terorism, and so on. We are not investors and therefore should not pass the KYC review. If checking KYC is knowing your client, then you need to figure out who to whom the customer is. So, the KYC check is to prevent illegal use of funds. That is, who pays, that and the client. In this case, the ICO team pays our tokens for our services to advertise their project. Therefore, they are our customers. So use your right and conduct a KYC check against these half scammers to eradicate fraud from the ICO. |
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Now first of all I live in spain and I'm wondering if someone has ever paid taxes with money acquired from signature campaigns here. I made a decent amount of money a year ago because campaigns were giving 0.03-0.04 per week. I wouldn't really know how to pay taxes if I need to, would this count like a job and how exactly would someone prove they got their bitcoins from signature campaign , seems quite difficult.
Edit
A few options are presented:
1. Don't say anything, it's virtually impossible for any tax agency to find out what you have. However eventually they might be able to and you could face serious problems.
2. Mark it as freelance work and a tax rate will be applied to it, up to 50% (reported by an user) It seems that they wont ask for much information or proof as long as you are declaring it intentionally.
3. Simply spend bitcoins or any other cryptocurrency that you earned without ever converting it to fiat because cryptocurrencies are usually not taxable in most European countries.
As always, taxation must be based on the country of residence. We must monitor the legislation of our country in the field of taxation of the crypto currency. After all, there are no two countries with the same taxation and even such a specific object of taxation as a crypto currency. In general, from the practice of other countries, we can conclude that this depends on the amount of revenue from the received tokens and how you did with them. But if the tax authorities do not bother you about this, then it is better not to raise this issue. |
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Guys do you think bounty are campaign wastage of time because of we take particiapate in bounty campaign it take 2 to 4 month time the end up and after end the bounty campain it would distribute the token after more 1 to 2 months.
So isn't wastage of time? After taking token you dont know what is the value of token or it is available in exchange or not.
If you think that participation in ICO signature campaigns is a waste of time, you can not participate in them. This business is voluntary. However, look at how many participants of this forum have signatures, advertising ICO projects. If they do this, then they do not consider this activity as a waste of time. Of course, now this activity is not so hassle-free. Fraudulent ICO projects among the total number of all ICOs, probably not less than half. In any case, at least a third, that's for sure. However, even with this state of affairs, participation in the ICO signatures campaigns is still quite profitable overall. If in the near future more and more states will regulate the ICO process, then its popularity will increase significantly. |
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Check KYC we can not give anything. It only illegally takes away our confidential data in us. It's illegal because the ICO team does not have the right to conduct such a check on the participants in the ICO generosity campaign because they do not invest in ICO projects. While no ICO team has explained to us on what legal basis they require from us our identification data and copies of our documents. Meanwhile, they do not pass any checks themselves, as a rule, and in almost half the cases disappear together with the collected money and our confidential data.
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I am categorically against limiting the number of participants in the ICO generosity campaign from this forum. This restriction can and does sometimes make the ICO team and the manager of the generosity campaign. Other persons should not interfere with this process. Everyone has the right to choose independently to join him to a specific ICO project, or not. This case is voluntary and it must be accepted and taking into account the number of joined participants.
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In any case, in the near future, bitcoin should increase its value. Now everyone is waiting for the rise of the crypto-currency market and this may already happen any day. He gives hope and bitcoin movements on the last day. Yesterday, its price was about $ 6,650, and now, according to CoinMarketCap, it rose to $ 6,847. However, it is too early to say what price bitcoin will be by the end of the year. Still everything can change again, moreover, several times. We need to see how bitcoin will behave in the next few months.
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150 ETH OR 9.5 BTC?
Almost worth the same value now, but which one is better for holding untill DEC 2018?
If I had to choose between 9.5 bitcoins and 150 ethereum, I would now choose 150 ethereum. I think that in the current situation, bitcoin will no longer grow as quickly as before. At the same time, ethereum is still an underestimated coin, which can still grow well in price. Ethereum is now in much better demand than bitcoin. We see that now more than half of all transactions are committed in ethereum. Although bitcoin will still grow in value, however, investment in it is now more risky than in ethereum. |
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