Yes, representatives of the G-20 countries supposedly came to the conclusion that the crypto-currency can be recognized as a financial asset, however, in order to consider it in more detail, by July it needs to be thoroughly studied and prepared for discussion. This, of course, is already good news for the crypto-currency world in the sense that at this summit there were no calls to prohibit the crypto currency or to regulate it rigidly.
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Hold and trade, these are two tactics of the same strategy of increasing profits in the crypto currency. It can not be said that one is worse, another is better. If there is not enough time to tackle the crypto currency, investing in prospective coins and tokens and their further retention will be suitable. If time and knowledge of the market is, then trade can give a good result in the shortest possible time. The best thing is to keep some coins and trade both these and other coins.
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All trade in crypto currency is based on this principle: they sell on the rise and buy on the decline. This is the essence of both a long and one-day trade. For a one-day trade, you always need to control the market and this requires a lot of time. However, the trade itself is a very exciting process.
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I hope that, along with bitcoin, which will be a single currency for international payments, there will also be altcoyins who do not claim this role. I also like many tokens that do very useful work in various areas of our lives. They should continue to bring comfort and convenience to people. In connection with the above statement by the executive director of Twitter, I also think that there will be no additional bans on the crypto currency in this network.
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I think that no one will know who had the pseudonym of Satoshi Nakamoto. The further the time passes from January 2009, when the first bitcoin was created, the harder it is to establish the truth. If Satoshi Nakamoto did not want to disclose his real name even then and carefully concealed it, he would not do it now. And in the future it will be difficult to prove at all that it was precisely some particular person who was Satosh Nakamoto, even if the real Satoshi Nakamoto wanted this. So I think that this mystery will remain a mystery forever. Still there will be periodic information about the identity of Satoshi, but this will only be at the level of rumors, and no more.
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I know the judicial system of Ukraine well. Adoption of the claim for proceedings by the court does not mean anything. The court could not say anything about the compensation of moral harm in Bitcoin at this stage. He must take action against the proceedings, if the rule of the civil procedure code on the general rules for filing a claim is not violated. And in this article there is no mention of the currency in which compensation for moral damage should be expressed. The lawsuit in bitcoin will be unequivocally rejected at the stage of making the decision. In Ukraine there is no independent and fair justice now.
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The question of taxation in many countries continues to be studied, because it is quite complicated because of the digital nature of the crypto currency, its relative anonymity and large volatility. In many respects this will depend on the definition of the status of the crypto currency. However, Japan has established its own rules for the taxation of crypto-currencies and there are no special problems yet.
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Bitcoin and ethereum now co-exist and will coexist in the future. They perform completely different functions and therefore can work together peacefully, even complementing each other in some way. Both coins have their advantages and disadvantages, including a general lack of low scalability. Everything will depend on the direction in which their further development will take place.
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If it were guaranteed that the price of bitcoin would stay the same as it is today, would you still buy it? My guess is, the answer is no. But if its value lies in being a currency, price stability is essential. And if your answer is no, how is it then not just a Ponzi scheme? In other words, everyone is buying it on the hope of someone paying more for it in the future, not to use it as a currency.
I'm sure that a significant part of people invest in bitcoin in the hope of making a profit by increasing its value. If they knew that bitcoin would not grow in price, they would not be buying it. Now it is still difficult to judge what will happen next with bitcoin, because as a payment system it does not show its simplicity and reliability in use. Bitcoin does not yet have a developed infrastructure, and therefore these two factors greatly influence the fact that it spreads very slowly throughout the world.
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This recipee could be a thing of the past. Nowdays it may be better to look for opportunities as lots of talent is going into the market. Do you still think of becoming a millionaire by hodling?
It all depends on the specific coin or token. Well-known coins, such as bitcoin, ethereum, litecoin, monero and others in the long run, will necessarily bring you a good profit. However, other coins, and especially tokens, can not do this. Here you need to know the features of each project, as a result of which this token was released.
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bitcoin price now is under 7000 it will go under 5000 it is real or FUD..who is manipulate this market...
It's been a month and a half already, but bitcoin has not dropped to a price of $ 5,000. You can definitely say that up to this level bitcoin will not fall. There is a third month of its adjustment, and if it has not fallen to such a price level during this time, it will not sink. Since after the release of the new version, it began to recover in its functionality, I think that soon it should begin to grow and revive the crypto-currency market.
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What do you think should be done? These days bitcoins are not given directly in campaign but tokens are given and very less campaign give bitcoins purely. What would you do?campaign or trading?
Whether to deal with signatures or trade, depends solely on your abilities. If you are able to trade on the stock exchange, it is better to combine these activities. They will always complement each other. Signature campaigns provide the opportunity to receive free new tokens, and trading on the exchange will help to increase them quantitatively and qualitatively.
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Banks have existed since the beginning of human civilized life and will exist until its end. Therefore, those who believe that the crypto currency will destroy banks, do not understand the economy and statehood at all. Each state needs banks to finance the economy and, in general, any directions of state development. Therefore, if the crypto currency is in conflict with the banks, it will be banned immediately, regardless of what, the state in this respect defends itself rigidly, up to criminal liability for any operations with the crypto currency. Therefore, it is better not to joke with such things.
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I find it kinda hard to HODL when the marketing is bearish... there is a lot of stress:p Do you think going HODL might be bad for the health? It is bad for health to keep different coins or not, depends on the emotional state and character of the person. Not everyone reacts equally to the same news about the price of the crypto currency. It's just necessary not to focus only on the crypto currency, but to do something else and get distracted from these problems. Then for health it will be more useful.
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Bitcoin showed itself as a swelling bubble in December of last year. It was after this that countries such as India, Britain and others began to warn their citizens that investing in bitcoin is very risky. However, in order for bitcoin to burst like a bubble, on the one hand, so that it reaches, if not the limit with its price, then at least very high price values. On the other hand, we need a certain push, some negative news that would lead to panic and the domino effect. Therefore, we can say that bitcoin is a bubble, but at this price it does not pose a significant risk to investors.
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The mass media are a reflection of our life in which there is everything: and lies, and striving for justice, and bribery, absolutely everything. Therefore, some talk about bitcoin and crypto currency one information, others - another, some try to observe neutrality and show different points of view. Therefore, after the presentation of certain facts about the crypto currency, they end up in the opinion of certain persons that bitcoin is risky for investments or something like that. To this position, the media should be treated calmly.
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Over the next ten years, bitcoin will have time to reach its maximum value and then descend because of panic among investors for whatever reason, to a minimum price. So, apparently, bitcoin during this time can reach a price of one hundred thousand dollars and fall to a hundred dollars.
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To ensure that bitcoin can be used every day for domestic needs, on the one hand, it is necessary that its transactions are carried out very quickly, almost instantly. In addition, the amount of commission fees should be small. On the other hand, it is necessary to have the infrastructure for servicing the crypto currency and, above all, bitcoin. Bitcoin should be taken everywhere directly as a means of payment. In addition, there should be very favorable legislative conditions for the circulation of the crypto currency in the country, and the population must have a high level of income in order to have the technical ability to use the crypto currency as a means of payment even in the most insignificant payments. This set of conditions is difficult to achieve.
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The network of lightning must definitely be modified and implemented in bitcoin. Earlier it was repeatedly said that in this network everything is not in order with safety and in connection with this the lightning network can be used for small transactions that will be implemented almost instantly and with symbolic commissions or even without them.
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So far, this is one of the best bills of Russia in relation to the crypto currency. I am very surprised that it provides for no taxation for any transactions with crypto currency, allows the participation of its citizens in ICO campaigns, etc. However, do not forget that along with this bill there is also a bill on criminal responsibility for any use of crypto currency. Given the contradictory statements of Russian politicians regarding the crypto currency, as well as the sharply negative attitude of bankers towards it, it is still unknown which bill will eventually be adopted as a law. I think it is too early to say that Russia is going to legalize the crypto currency. By the summer the situation can change many times. However, it's nice to see that such a bill has been prepared in Russia.
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