hello ,, i just want to invest my BTC with a good Altcoin for longterm investment,, with proof of stake system  so i can staking my coin too maybe 1 - 2 years from now,, suggest me a good altcoins,, thanks before best regards Scor Pio Just wondering .. Do you really want to invest your bitcoin for some altcoin? I think bitcoin is one of the good coins when it comes in long term investment so you don't need to look for some altcoins but at the end of the day your decision and choices are the only matter and if you really want some altcoin , try ethereum I heard that it is also good in long term investment. In terms of investment you should scrutinize everything in order to be sure on your investment, but in terms of coins bitcoin coins is good for long-term but for short-term it should altcoins that back up by profitable working products. Specially to those ICO’s that reaches hard cap. |
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Following the general rules of innovation and evolution, the necessity to evolve and adapt to obstacles, in this particular example it's legislation. Interesting perspective on the subject, I wonder if it did accelerate development, definitely seems like a logical conclusion, albeit one that could never be conclusively proven.
Definitely it's a nature of human being to be innovative and to think outside the box the proliferation of new technology and concepts of P2P is the indications that people want freedom from third party control that would only want to take hold of people's wealth, even how much effort they did to stop proliferation still exists and persist. |
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I was thinking of selling my bitcoins for cash. Is it perfectly legal to do so ? Amount is close to 3-4K.
Thanks for reading.
In my country, it is not a problem if we convert our bitcoin into cash. But the thing is, there are limits on how much we can be able to convert in a day. Though it doesn’t matter that much anyway because we can do it again in the following days to come. And there is also another option for us, we can do online banking like converting bitcoin to cash directly from our bitcoin wallet and forward it to our bank accounts. Fast and easy. In my country we are lucky enough that our central bank recognized bitcoin as economical and faster way as a medium of remittances, that's why you can download wallet from the net but of course you will sign up and submit kYC and then you'll notified upon acceptance, then you store your BTC or ETH, and can convert to our local currency then send to the bank or some local remittance center that how easy it is in our country. |
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In order for a balance between the rich and the poor there must be a subsidy. Where people like to pay more taxes for welfare and facilities for the poor. And in multiply opportunities to work and work for the poor.
Uneven distribution of wealth the world economy is just controlled by few, why European countries are rich in fact some of their resources like minerals and other precious resources like diamonds and golds are taken from Africa supposed to be African continent is reacher than in European countries because they have all the resources, but still they are poor than the poorer. |
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Although it was a biggest threat to the economic stability in a country the existence of digital or cryptocurrency. It is not cryptocurrency will adopt into governance but rather it is the government to make a rules to regulate and fine taxes for every personwho is involve on the cryptocurrency today.
Because of Blockchain technology in which the transaction is P2P in which the process is just like transferring your money from your left pocket to your right pocket in which there is no third-party involved during remittances unlike regular currency there is payment including taxes during transfer by the service provider, that's make bitcoin and blockchain technology makes differences, the government can only implement taxation during exchange from BTC to local currency provide there is a law that would regulate on tax collection policy. |
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Hi Sylon,
I am leaving this campaign, please save my stakes for the past weeks of participation in this campaign. Thank you so much for the weeks that I've been a part of your team.
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Do you think that someday the prices for Bitcoin will fluctuate less and ppl will be able to use more as a currency, and not only as a form of investment?
If the market demand is higher than supply , I think the fluctuate less. maybe in few years again. I hope it. I think now it is the right time to see how good bitcoin is getting, price of bitcoin is increasing because people are earning high with it, almost 90% of people are earning from bitcoin because demand is getting high than supply, people are now very interested to get bitcoin as it has power to change life and make us rich right after buying one year before we go to sell it. Prices fluctuations is dictated by the supply and demand since bitcoin is very volatile because people's considered it as an investment, not as regular currency and investors are always watching, the price monitoring, when there is a significant changes they might be a mass dump or buy, that is the fluctuations is unpredictable. |
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This could be under the investigation of cyber crime division, BUT does your government recognizes Cryptocurrency in your country in order to make legal actions regarding this case?
This could be a perfect example of a good feature for cryptocurrency to be regulated by the government. PROTECTION.
Any pass word in any account in the internet is considered a personal belonging, considering private key of electronics wallet is considered your personal property belonging, even if bitcoin is illegal or legal in your country hacking personal information is considered a violation under the cyber law. |
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Over 900 Million pesos worth of bitcoins been scammed.
Filipino couple amasses at least P900M in alleged Bitcoin scam.
MANILA, Philippines (UPDATED) – Police have nabbed a couple promising easy wealth through popular cryptocurrency Bitcoin, Philippine National Police (PNP) chief Director General Ronald dela Rosa announced on Tuesday, April 10.
Arnel and Leonady Ordonio were nabbed by PNP Criminal Investigation and Detection Group (CIDG) operatives – the police division in charge of high-stakes and high-profile crimes – in Vigan City last April 4 through an entrapment operation.
The scam, Obusan said, is structured like a pyramid scheme but with electronic money.
The Ordonios apparently had middlemen who lured people to invest. They promised to pay victims with their earnings every 15 days.
Fueled by the worldwide Bitcoin hype, more and more people were baited by the Ordonio couple's promises.
The complaints started piling in when investors lost contact with the Ordonios.
Whats happened next?
Around 50 angry victims stormed to Camp Crame on Tuesday, asking the couple if they could still get back the money they had hoped would grow.
Will bitcoin be banned because of that?
There are lots of negative news about bitcoin in the Philippines but it is really surprising to know that the said country is actually starting to adopt bitcoin as their currency. Actually, bitcoin is growing continually in the said country and is being used by most of Filipinos for their daily necessities. I believe that bitcoin would still go far in the Philippines. I think this is the first time did happened in the Philippines using bitcoin as a medium of scamming activities, good thing is it was being stopped by authorities and on the way of finalizing the culprit, because it is a cryptocurrency it is traceable and the money trail is easily be traced and hopefully those money that being scammed might be recovered. |
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Cryptocurrency traders in France will be relieved of heavy tax as the government is taken steps that will induce a lower tax rate. The French Council of State announced on Thursday that profits arising from cryptocurrency sales should be considered as capital gains of “movable property”. – a decision that will see the current tax rate drop significantly. Read More: https://news.bitzamp.com/france-to-introduce-lower-tax-rates-for-cryptocurrency-traders/This shows that France as one of the most powerful nations in talking of fire power and economy is very transparent to their people. Bitcoin taxation is one of the reason that why is the people are afraid of regulation and now France move have shown that Bitcoin regulation will benefit equally both the people and the government. Like the other nations like Germany and Japan we just hope that our government will also to consider to follow this move. This is a welcome development for cryptocurrency that there are countries who are taking a good disposition on how to adopt crypto currency in their territory, not only for taxation but also the security and the welfare of their citizen against scam are the also the mandate of the government. I think these countries like France has already have a deep understanding of on how crypto currency currency useful to the nation economy. |
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I don't thing so in this situation china is the reason why bitcoin and other alts dump because of banning bitcoin and mining in china. In my opinion the super power is Japan because japan has a large amount of bitcoin hodl and there goverment support bitcoin.
China government can easily manipulate their business platform because of their culture and discipline of their citizen.People is the resources that will make a country super power specially that they are one the biggest population in the world surely they can influence world economy. |
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not only Germany but Dubai America and other major countries approved crypto entry into their country into a legitimate payment instrument, allegedly Germany is among the largest people using bitcoin so the government there allows bitcoin as a means of payment.
Yeah country that is known for tourists destination I have no doubt it follow what Germany and other major cities in the world who uses bitcoin as a legal tender, because there are lot of advantages in using crypto currency, because of past and economical way of transfer which advantageous for tourism business. |
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It appears the market started recovering today from one of the worse long-lasted corrections in bitcoin history. The bitcoin now secure the 45% of the cryptocurrency market dominance. what you have to say about that?  Well, that was really a good thing to have right now. After all, it is much awaited by all of us although it was just a small pump, it will be a good start to somehow disregard the doubts that Bitcoin will be left behind into the dump. This sudden increase into Bitcoin's price value will somehow clear up our minds into negative thoughts and will be now focusing into the positive side of it and for sure, this will make us to decide to expand our earning capabilities and capacities by treating dump as opportunity grabbing since we have already know that we can still regain it at Bitcoin's price pump. Yeah absolutely this is a moment that we will take a deep breath, but if you have a courage enough and use your resources to buy bitcoin when the price near to the bottom. Can you imagine how much profit you may have today. |
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1. Crypto UK – A self-regulatory trade association for the UK cryptocurrency industry. 2. Virtual Commodity Association (VCA) - An industry sponsored self-regulatory organization for the U.S. virtual currency industry. 3. Sixteen exchanges in Japan forming a self-regulatory organization. 4. The Korean Blockchain Association with 23 exchanges is preparing to form a self-regulatory organization. 5. The South African Reserve Bank (SARB) is setting up a self-regulatory organization to regulate cryptocurrencies. 6. Indian Bitcoin exchanges are self-regulated under Digital Asset and Blockchain Foundation of India (DABFI). Regulations are inevitable, either governments would impose their own crypto regulations or non-governmental self-regulatory organizations would be able to come with their own regulatory framework that is efficient, effective, enforceable, and acceptable to prevent any over-the-top regulatory intervention from the government. Regulating cryptocurrencies prematurely could have the negative consequence of throttling the growth and innovation of the industry. In addition, if laws are drafted based on existing technology, which is still in its growth phase, there is a risk that the technology may have moved so much by the time the legislation is enacted, that the legislation is obsolete or requires updating almost immediately to align with the latest technology. SRO's would be more flexible to adapt and implement regulatory guidelines according to the changing crypto dynamics without impeding innovations. Most of the countries are yet to come up with any regulatory framework for cryptocurrencies and with proposals like VCA and Crypto UK, if the industry is able to self regulate then the possibility of stringent governmental regulations can be avoided. https://cointelegraph.com/news/south-africas-central-bank-to-establish-self-regulatory-body-to-oversee-crypto-industryYeah they should need a thorough study before they regulate, so that they have a fair regulations to all, like how they will cater decentralized system and other bitcoin character in which different from fiat money. |
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What do you think about this possibility ? Would you invest in your government currency ?
Yes government have a power to create a new crpytocurrency, and i think they are now planning to create there own, and if they create, yes i will invest because for sure its worth it, because i know that government will create a strong and very profitable currency. Agree with you mate, if government will proceed and create their own coins I will invest as well, as I know that it will be usable and it will bring good return, people will start to invest together and crypto will be healthy from where am I, government is a key if they will embrace the logic coming behind this chain, Crypto will address easy transaction deals and it can also be a good investment to place your money.. Yes if they created there own cryptocurrency then all people will invest because it is legal and every merchant can accept and of course, all big and small companies will invest on this coin the price will 100% increase it is worth to invest. The government can create their own crypto currency currency, but not totally like bitcoin, because there's a limitation in government sponsored crypto currency, like the boundaries, because it is limited to it's own country. |
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Sounds like this is going to impact the block based business a lot more than the extant chains. Although, knowing how the EU is, I could easily see them using this as precedence to start making a mess of things regarding all blockchain tech.
I doubt the people would stand for just getting their rights to moneys totally removed. But its really easy to strip people of their rights when you do it too slow to notice.
In a democratic country which is there is a free enterprise we could not say bitcoin is illegal, if tt the government banned bitcoin like EU countries it just like curtailing thier freedom and right to possess something which is not fully defind if it's illegal or not. |
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Bitcoin is already a big thing but it doesn't mean that it will replace fiat. Bitcoin is best for investment because of volatility and as cryptocurrency who works online. But still fiat would still be the main currency all over the world. So no need for arguments on this issue over and over again.
Yeah it next big thing because it will create business new dimensions be people will transact business online using crypto currency and become faster and more profitable. |
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It will be declared legal and only a small percentage will not accept it or ban it. It applies in anything that you can't force everyone if they don't want to but that decision is the one that they are going to regret because we are now starting to rock every nation with bitcoin.
Bitcoin transaction is peer-to-peer transaction meaning between two parties you cannot called it illegal because bitcoin is just a valuable virtual currencies buying and selling it is considered as agreement between two persons so there's no law prohibited it. |
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There are many reason why people are still buying and invest money with bitcoin. First, they've seen that have potential in bitcoin market and it will provide to them to generate good income or give huge profit from their investment in the future. Second is bitcoin price bubbled, nowadays the value of bitcoin is simultaneously grow in the market because holders are continue keeping their bitcoin until hit to maximum higher price of it. Through holding of bitcoin possession in long period of time it resulting for price bubble in the market because of limited demand. Another reason is bitcoin give an assurance to the future of holders and users of it and they seen that bitcoin give security in the future of bitcoin holder or user through holding it.
Thus, this is some reason why people are continue buying and holding bitcoin.
Because people trust bitcoin even if there are lots of propaganda that will discredit bitcoin because people know how profitable bitcoin is. That's why bitcoin still the number one crypto currency. |
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Definitely NO. Bitcoin is like a drugs. Although our government is fighting on drugs, they can't kill all users of it. Like in bitcoin, there will always use bitcoin in transaction, so, government will never destroy bitcoin
Yeah definitely government cannot kill bitcoin because the system is anonymous and the transaction is peer to peer the government can do is only to regulate the bitcoin exchanger where the changes from bitcoin to local currency they provide some policy in order to get some taxes out the transaction. |
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