This is a very good decision, first of all, by the European Court of Human Rights. Germany simply had to comply with the decision of this court, that is, to bring its national legislation in accordance with the specific decision of this court. Also, all 41 states that signed the European Convention on the Protection of Human Rights and Fundamental Freedoms of 1950 must do this. I am glad to hear this, since my country signed this Convention in 1997, and therefore it is subject to compulsory execution of the decisions of the European Court. In addition, the legislative body of my country (Ukraine) has already introduced a bill on the exemption of any transactions with crypto currency from paying taxes.

This issue must be approached from the position of what we are going to regulate. If it concerns the crypto currency, then the rules of its circulation here will be established by state bodies. The issues of the technical and technological plan can not be regulated at all. Otherwise, it will be another crypto currency and we do not need such a crypto currency. The issues of holding an ICO can really be regulated either by state bodies or by public organizations. That is, the question of which body can carry out regulation depends on what is subject to regulation. Everything else depends on the balance of forces that will be interested in solving these issues.

This year for bitcoin is one of the most important proceeding from the fact that this year the majority of states should solve the issue of its legalization, defining the rules for its circulation and simultaneously determining the conditions for its taxation. From the success and loyalty of solving these issues will largely depend on how the crypto currency will take root in our society and what will be its further opportunities in development. Lately, there has been a lot of good and encouraging news in this regard. This decision of 22 countries of the European Union on the support of the crypto currency and the possibility of representatives of the G20 countries in July positively consider the issue of the crypto currency and its recognition as a financial asset.

This is a little unreliable information. In India, bitcoin is not prohibited. There and then, citizens use bitcoin and other crypto currency without any restrictions. It began to speak after the Reserve Bank of India recommended to other banks to stop rendering services in the crypto currency. However, the very prohibition of the crypto currency was there. Such a decision of this bank can not have a significant impact on the use of crypto currency in this country. Also, this did not have any effect on the depreciation of the crypto currency.

Crypto currency is a very revolutionary new kind of financial settlements, which is perceived by many states if not hostile, then with disbelief. For the state, crypto currency is very inconvenient in the sense that it can not be controlled. It is capable, without any accounting and control, of withdrawing any funds from the territory of any state, and this is highly displeasing to the states. In addition, any profit from financial transactions in any state is subject to taxation, and transactions in the use of crypto currency are very difficult to take into account and tax. Even these two moments are for any government a very big obstacle in the use of crypto currency.

The government of any state can take an official decision to ban the passage of bitcoin on its territory. However, it can not destroy bitcoin. It will not even be able to fully control the fulfillment of its decision to prohibit the passage of bitcoins. People vseravno will use it, using the Internet, which is forbidden even more difficult. The government can significantly complicate the use of bitcoin if it simultaneously prohibits the work of crypto-exchange exchanges, exchangers and Internet sites on its territory where the problems of crypto currency are discussed. However, bitcoin is an electronic monetary system of a peer-to-peer network, which does not require the participation of third parties and any transactions can be committed by citizens directly. Therefore, bitcoin is almost impossible to destroy.

If you consider bitcoin as a currency or an asset, bitcoin is most suitable for determining the currency. Bitcoin is an electronic monetary system of a peer-to-peer network. On the other hand, dictionaries tell us that a currency is any monetary unit of any state that is used as a means of payment. Bitcoin and other crypto currency are now used by many as a means of payment. Therefore, it must be considered a currency.

I think that the system introduced in January at this forum of merit not only does not justify itself, it also does great harm to the image and popularity of this forum. If someone tried to limit the number of new forum participants, then he achieved this, because it became unrealistic to grow now on it in ranks. The introduced system of merits actually eliminated future competitors for high ranks. Now they can safely earn on ICO projects and not worry that there will be new members of the forum with high ranks. At the same time, the merit system did not give any positive effect. Now s-merit is over. And what's next? After that, everything in rank rises in place?

To sell your house to buy bitcoin on this money is a great folly. I hope you did not do it by this time. As you can see, your assumption that in January bitkoin fell to the price bottom did not justify itself. Almost to this day we are still at this price point and when we leave it, nobody knows. But it's been three months. In addition, after such a prolonged fall, bitcoin can recover for a long time in its former value. Housing, land, real estate should not be subject to sale for the purchase of bitcoin or other crypto currency.

Bitcoin has largely lost its popularity due to the fact that it did not eliminate the shortcomings in time - slowness of transactions and high commission fees for their conduct. Because of this, bitcoin became very difficult to use with ordinary payments, people began to switch to using other crypto-currencies that did not have such drawbacks. As a result, the popularity of bitcoin has really fallen. Recently, the situation has improved much, although it has not fully recovered.

By some accident, it was precisely from September last year when the Chinese government announced its plans to limit the circulation of crypto currency, bitcoin began to grow rapidly in price and this growth did not stop until December, when it reached its maximum price value of $ 20,000. Although China is a large market for crypto currency, because of this position of the Chinese government, its role as a world center of crypto currency began to shift to other countries - Japan, Hong Kong and South Korea. Therefore, this position of restriction and prohibition of crypto currency in China did not lead to anything for China, which never reached its goal, and did not give anything to the world community either. In general, it became clear that the Crypto currency is fully capable of dispensing with China.

Legalization of the crypto currency in many countries is already in full swing. Simply, this process is not so quick to bring an instant result. This is due to the long study of the phenomenon of crypto-currency, the preparation of relevant draft laws, their introduction into the relevant legislative body of the country and its adoption. This all stretches for years.

It is clearly illogical to construct an idea, because of what the conclusion does not come from the prerequisite of logical thinking. If many enterprises use blockchein in their work, and as a rule it is unchanged, this does not mean that blockchein can be banned due to the adoption of new rules in the European Union. Directly to blockchein technology this does not apply. In addition, recently, 22 countries of the European Union have adopted a joint statement where, on the contrary, it is indicated on the possibility of widespread introduction of blockchein technology.

It is necessary to get used to the fact that the banks are not unfriendly, but even with a certain hostility they refer to the crypto currency. And this is absolutely logical. The Crypto-currency takes away from the banks their clients, and together with them also takes away the profit. Therefore, often banks act as customers in spreading false negative information about the crypto currency in social networks and mass media so that less people pay attention to the crypto currency and take a great interest in it in order to conduct financial calculations.

Indeed, to treat bitcoin as a property, we must have the right to use it, possession and disposal. With the right of ownership, there can be certain difficulties, because we do not actually own our crypto currency, it is somewhere on the Internet. Although this is a controversial issue: where is actually the crypto currency - on the Internet or not.

Recent changes and improvements in bitcoin give us hope to assume that in the near future bitcoin can become a crypto currency that can be used for daily purchases. To do this, you need to solve several issues, such as very fast carrying out its transactions and paying the minimum commission fees. After that, it is necessary to provide the possibility of direct payment by bitcoin for goods and services in the largest number of outlets, or use of physical debit cards with the calculation in fiat, however, due to the bitcoins on the map. Also very important is the legal maintenance of the circulation of bitcoin on preferential terms in most countries.

Every year is now very important for bitcoin, and for all the crypto currency. This year will be very important in the sense that many states will be forced to consider the issue of legalization of the crypto currency and recognition of its legitimacy of circulation on its territory. Also this year should be significant for the solution of the issue of the regulation of ICO projects. Countries such as France, Russia and Japan have already started preparing official regulatory legal acts on this issue. The regulation of ICO projects has long been ripe, the increasing incidence of frauds greatly undermines the credibility of this important activity for the crypto-currency.

It would, of course, be very interesting to see how the crypto-currency market will behave without bitcoin. Probably, this will just give the price freedom for each type of crypto currency. Now, after all, the situation with the influence of the price of bitcoin on all altkoins and the market is difficult to name. What is the market, if there is no price freedom for trade. The bitcoin has fallen in price and the market has been completely up for the fourth month. This is absolutely not normal. Something needs to be tried to change to change such an abnormal situation.

Yes, now still bitcoin can not be considered a currency. Not every successful national currency is considered a currency. Currency is considered to be a means of payment, which acts as such at the international level and is used for financial settlements between states. The currency includes the ruble, dollar, euro. Can bitcoin be considered a currency in this respect? Obviously not. The fact that bitcoin spreads through the Internet all over the world does not yet mean its currency status. And if you look more closely at the definition of the currency, while bitcoin in general, even in theory, can not be closely regarded as a currency, because under this definition it does not fall perfectly.

I do not think that bitcoin can drop below $ 1,000. Now there is a certain number of coins with a value of more than a thousand dollars and if bitcoin falls below their value, this psychologically will mean that it is no longer the leader of the crypto currency. Therefore, it is unlikely to happen. And there is no reason for this either. Bitcoin eliminates its shortcomings after the release of its new version, now its significant improvements are being prepared. Therefore, below 6,000 dollars, to which he had already dropped, he is unlikely to drop in his price.