When the government forbids cryptocurrency
In my country, the government is gradually apply internet and cryptocurrency control decrees. Previously, they banned direct Bitcoin transactions. Currently, they are banning crypto-related bank transfers. And of course, ICOS is also gradually banned .
Initially, they said they would not ban crypto and bitcoin. But now their actions show that they do not want crypto to exist.
Is their purpose not to secure crypto investors? They are trying to make it their own
They see huge profits being lost for themselves
And when the internet management program took place in my country, maybe I could not come up here to share my views like this. So sad
We're always talking about the problem of the government and cryptocurrency where some countries doesn't recognize it and some some are banned crypyos. I think the only problem is that they can't manipulate or control crypto and they only look on one side and they don't intend to see the positive side that can benefit a lot of people. |
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That's because paper currency are believed to have value and are also legitimate by the government, so paper currency can be used to buy all your needs. Not because of the paper, but because of the approval from the government and also a belief that it has value.
Yes that's right. We're using paper money to use in paying it even in investing because it is a money accepted by the government or what you say the only legitimate. So I think people continually use it because unlike bitcoin there are government that doesn't recognize bitcoin that's why a lot of us use paper money. |
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But I wonder how you can buy a Pizza using bitcoins, The fee will be more than the actual amount of the Pizza.  With the amount I think there will be no problem with that the only problem is that market around the world accept bitcoin as a means of payment? So I think we should raise awareness first about bitcoin in the public so that we can assure that we can use bitcoin as our payment in everything. |
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Prices have been on a constant decline ever since this year began. There's been FUD all over the place, and governments have been cracking down on Bitcoin and other cryptocurrencies. In addition, there have been several hacks which have also contributed to the decline in the value of the whole cryptocurrency market. As such, many people have lost their faith in Bitcoin and cryptocurrencies in general, as they've lost a lot of money. Despite this, it seems that most holders would not give up on Bitcoin no matter what. But, if Bitcoin keeps declining in value until it becomes worthless, then long-time holders (like me) would become disillusioned. For those who want to protect their investment, there's the option to sell Bitcoin into USD or exchange it towards a stablecoin like Tether. However, even Tether has lost its peg (although in some occasions it heads back to $1) sometime this year, which means that not even stablecoins can be trusted. Nonetheless, what are your thoughts about this? Will it be Game Over for Bitcoin? Or will everything go back to normal soon?  I don't think so that bitcoin will become worthless because of its situation right now. I have read a post here that 2020 will go back to its highest possible price so I always keep on believing that bitcoin will not continually decline but rather bitcoin will increase and a lot of investors will invest with it again. |
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What do you think will happen with the cryptocurrency in the future?
I always think positive and always look at the good side of everything. I think cryptocurrency in the future can be more profitable and highly acceptable around the world. We can also use cryptocurrency as our means of payment in some malls in the future. But it is just my speculations praying that someday will become true. |
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YES:
USA largest debtor nation in history of human species
Obamacare ruined everything
Federeal reserve
0% rates
Eventual economic collapse or hyperinflation
NO:
Largest military ever not going down without a fight
NSA is spying on everyone
What do you guys think?
I don't think so that America is a failed nation just because they are the largest debtor nation. I considered America as one of the most powerful country in the world because they have a very productive educational system which raise a lot of productive individuals that can contribute great from their economy. Other than that, they also have a strong military base in many countries in the world. |
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I think gold is worth more use of bitcoin because gold continually increase and ur was really a good investment because you will not going to lose something not just like bitcoin it is not stable it is really hard for it to increase that's why I go with gold than bitcoin.
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What do you people think about the future of bitcoin or other cryptocurrencies in India under the current government policies?  in my opinion, India could be an important factor in the development of bitcoin in South Asia. if India does not ban bitcoin, I think countries in south asia will take part, although the process will be long and time consuming. The point is back to the government in that country. You're saying that if Indian government accept bitcoin then this will be the start to light up the south Asia to start accept bitcoin? I think it was really hard for other country to accept bitcoin since they can't never manipulate it that's why many governments doesnt recognize. Bug it is good for India if they don't ban it. |
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In as much as I want to believe that bull run has started , I want to point out that crypto is unpredictable. And so no one can be able to say if it's bull run actually or the market is just playing pranks on us.
Well my expectations are high.
You know what I expected too much before when I read this news but suddenly it will not happen that's you right that cryptocurrency is really unpredictable no one can say when will crypto pumps again. But right now I'm doing earning crypto so that if one day all crypto will go high then its my time sell them all and to have a big profit. Patience is the key. |
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I think the people who are greedy and can't manipulate bitcoin are the people who still wants bitcoin to die. But for us who use bitcoin as our source of income or part time job can never pray for bitcoin to die instead were praying that bitcoin will rise again.
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Yes I truly believe in cryptocurrency. We all know that the basic aim of everyone for participating in any investment market is to earn profits and there is nothing wrong in that. But a person should have some realistic goals. You can invest in something blindly and then expect your money to be doubled in a week. You should research and study properly and take every decision wisely.
Indeed that bitcoin was a profitable since a lot of people invest here got a big profit that's why I still believe in this crypto. I know that we are still in a red market that's why many people lose their hope with bitcoin to be pump again like what happen last year. We always be aware with everything involved with bitcoin to really know the best way to have profit with bitcoin. |
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In my opinion, bitcoin open the gates for those who wants extra income. Like joining bounty campaign for this we can earn tokens.
Yes you're right because a lot of us engage with bitcoin just to earn extra income and many of us are making bitcoin as a source of income. I can say that bitcoin is a Savior to a lot of people who experienced financial crisis. Someday a lot of people become aware with bitcoin because they will thought that they can earned extra income. |
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What do you think about the popularity of Cryptocurrencies around the world, do you think many people now are aware of this Technology currencies?, how much percentage would you think and how can we expose and spread this?  It is really hard to speculate since I don't have any proof. But as far as I know I think crypto has been known around the world but not yet know how it works. And just see the number of accounts register in this forum many of us is engaging with cryptocurrency right now. There are just some hindrances why many people doesn't engage here because their country banned crypto. |
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I think all you need to do is to have a strong password not just unique but hard to discover. You should also be aware with the sites that you signed because some them are phishing. Hoping that the moderator and creator of many apps and sites they should also trace all the accounts so that they can filter who is hacker and not.
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These people are really courageous and determined to their dreams and that dreams turns into reality. Indeed, Im very happy and inspired to see people become successful because of their dreams. Hoping that one day a lot of people can be successful just like this people through cryptocurrency and I think I'm one of them.
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I've read that Facebook is going to have its cryptocurrency https://cryptobriefing.com/ready-for-facebook-coin/Since Facebook and Mark Zuckerberg as an entity is highly influential, do you think it would bring crypto in a positive light? I am thinking that it may raise awareness of cryptocurrency as a whole and not just bitcoin. Social media nowadays is very effective way in spreading news so i think facebook would be a great help in raising awareness about crypto and their purpose. So as a knowledgeable about crypto, we should keep posting about it so that a lot of people will read it and later on become curious about it so that they will explore and discover new things such as cryptocurrency. |
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With cryptocurrency, you have to be careful with any fraud and theft. and usually many people who are caught in the losses in the world of crypto is:
1. Not Backup Key
2. Electricity Billing Mining More
3. Lunes In Phishing Sites
4. Buy Coin With Rumors
5. Create a weak password
6. Steal With Stealth ICO
With cryptocurrency, no bank or other institution or regulation will protect you in the event of a loss.
Other than what you are mentioned above, i think the mistakes that make you poor in cryptocurrency is not having an effective strategy in dealing with crypto especially when bitcoin dumps everyone is in panic selling. So i think we need to be knowledgeable especially on how crypto works. |
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Yes you're right instead of getting panic with what is the situation right now and doing what you do can lessen our stress thinking that situation. We should make the bitcoin dump become productive by earning bitcoin in many ways such as signature campaign. And while waiting when did bitcoin pumps again we should widen our knowledge with cryptos. |
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Since the last week the price of bitcoin and all the crypto currencies were falling too much,me and lot of other normal small scale investor affected very large by this price fall.Many people saying that this current price fall is due to BCH hashrate war so what we can do now to minimize our losses other than saying the words HODLing as a community?
I think other than holding we should always aware with what is happened in the market so that we can avoid losses. Since falling of bitcoin is continuosly and we can't avoid that we should always make a way to earn bitcoin while waiting just like earning altcoins through joining signature campaign amd social media campaign. |
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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.
How proud I am to see this news to my very own country where people really knows how to use bitcoin effectively and not only for individual's sake but for everybody's sake especially for less fortunate people because they use bitcoin to reach them and help them for their needs. I hope that bitcoin awareness in our country will continually increase. |
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