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81
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Bitcoin / Legal / Re: Is Russia is on the way to adopt cryptocurrencies?
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on: April 08, 2018, 02:32:25 PM
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It seems to me that this news is directed only to the fact that Russian was not looking for opportunities to leave in the dark the Internet. Then from there do not get it. Putin will never allow Russians to use cryptocurrencies. This will weaken the ruble. Russia's economy may not stand it.
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82
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Bitcoin / Legal / Re: Why did RBI ban cryptocurrency?
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on: April 08, 2018, 02:26:55 PM
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Such prohibitions will not be effective. This creates additional difficulties but cannot stop users of cryptocurrencies. Nowadays, the Internet helps to overcome any boundaries. You can earn bitcoins on any exchange. Transfers from individuals will not be banned. Therefore, there will always be an opportunity to cash the earned bitcoins.
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85
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Alternate cryptocurrencies / Altcoin Discussion / Re: Day trading or HODL or Mining
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on: April 07, 2018, 02:35:21 PM
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For me, the best way to earn cryptocurrency is trading on the stock exchange. This allows you to earn at any price bitcoin. Volatility is good for trading. Holding also brings income but this income can be expected for a long time. I use both of these methods and so I feel comfortable with the current prices. Mining is now losing relevance.
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86
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Alternate cryptocurrencies / Altcoin Discussion / Re: The future of Crypto Currency?
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on: April 07, 2018, 02:28:15 PM
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Cryptocurrency life depends on our support. I am sure that people will always support cryptocurrencies. But I am concerned about the state's attempt to interfere in the turnover of cryptocurrency. This can significantly reduce the demand for cryptocurrency. The future depends on it.
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87
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Alternate cryptocurrencies / Altcoin Discussion / Re: Getting paid in crypto
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on: April 07, 2018, 02:15:11 PM
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Every person has a minimum that he spends every month. You can not get a salary in cryptocurrency. Those who hold coins for a long period of time have additional sources of funding. But we need basic income every day. Are you ready to get paid in cryptocurrency based on December prices? The use of cryptocurrencies is our own risk and the main income should be in Fiat.
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88
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Bitcoin / Bitcoin Discussion / Re: How does the collapse of Bitcoin affect traditional investment?
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on: April 06, 2018, 05:12:33 PM
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I don't believe bitcoin is going to crash. This is a really versatile tool that allows you to distribute revenues fairly. This is not only suitable for stocks. But now all spheres of influence in the financial market are distributed among monopolies. Bitcoin broke into this sphere and destroyed the usual parity of forces. That's why all the big capital and governments are taking active steps to confront bitcoin.
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89
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Alternate cryptocurrencies / Mining (Altcoins) / Re: Need Help with rig
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on: April 06, 2018, 05:01:13 PM
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I have such a mother works without problems. But I've read that about 20% of h110 ASROCK pro BTC+ had problems with build quality. I think you bought a new but faulty mother. You did the right thing sending her back. But this is not a reason to refuse the use of this model. I have 1 rig assembled on the basis of this mothers. Over 1 year I have not had any problems.
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90
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Alternate cryptocurrencies / Mining (Altcoins) / Re: EQUIHASH ASICS!?!?! Can it really be?
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on: April 06, 2018, 04:54:04 PM
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Now the acquisition of asics becomes unprofitable. I think a lot of people don't understand it but soon I think they'll understand and give up this idea. Now there is a shake-up for the whole market. The profitability of mining decreased to a minimum. I have a lot of friends selling rigs. Asics is generally impossible to sell. Nobody wants them. Cryptocurrency also has fallen dramatically in price.
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91
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Economy / Speculation / Re: bitcoin down trend to 3000
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on: April 05, 2018, 04:09:52 PM
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Panic can destroy any currency. I do not know what the cost of mining bitcoin but I believe that the price may fall to this level. Bitcoin doesn't want to upgrade. Now it is only a speculative asset. The main task for speculators to reduce the cost to the limit and then sell coins expensive. I doubt the viability of bitcoin unless you change its purpose.
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92
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Economy / Speculation / Re: why the price of the bit coin is going down?
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on: April 05, 2018, 03:54:20 PM
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Some bad news is the main reason for the price drop, this situation can continue for a while. So be careful but also consider a good opportunity to enter for those who have surplus money to invest.
Bad news is not the cause of falling prices. It seems to me that the reason for the fall in prices is the fact that the rules for the use of bitcoins are constantly tightened. Previously, in order to open an account on the exchange it was not necessary to provide personal data. Many rich people were free to buy and sell bitcoin. Now it is not. Who likes that? Many people do not want to use bitcoin which is regulated by the government. |
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93
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Bitcoin / Legal / Re: For a country still illegal against bitcoin?
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on: April 05, 2018, 03:48:57 PM
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so far for now china is the country who dont want bitcoin absorb thier country. they banned bitcoin because they dont want some people use bitcoin for illegal transaction. and besides china is one of the wealthy country so china government think that bitcoin is not needed to grow thier economy.
China is not a rich country. There are a lot of poor people in China. This is especially true of the villagers. There can be said poverty. China has very poor social security. They save not everyone. I think the Chinese government is afraid that money will leave the country through ICO and cryptocurrencies. This could very quickly lead to the collapse of the economy. |
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94
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Bitcoin / Legal / Re: End of road for Cryptocurrencies in INDIA?
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on: April 05, 2018, 03:43:32 PM
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The central bank of India (RBI) today, directed all the regulated bodies to not to provide services to any individual and business entities that use or deals in virtual currencies within a specified time period i.e. about 3 months.
RBI bans regulated entities to deal with crypto users
Reserve Bank of India (RBI) has barred the regulated entities including banks from providing services to any individual or business entity that deals with virtual currencies.
Today has been the first bi-monthly Monetary Policy Statement of 2018-19 of RBI, where the central bank has given a 3 months period to sever their ties with the entities using virtual currencies.
This is an another set back for bitcoin and their country . India is one of the biggest market of ICOs and crypto currency . That is such a shame that Indian government is taking such step amid knowing all the possibilities and potentials it has to remove the problems of poverty , unemployment etc in their country . I seriously do not understand why the perspectives of people and governments are not changing for good. Very strange that you do not understand. Poverty benefits the government of India. Poor people are always easy to manage. If a hungry man is fed, he will be willing to do anything for his Savior. Why does the government need everyone to be able to provide for themselves and to Express their claims to politicians at any time? |
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95
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Bitcoin / Legal / Re: Bitcoin being deemed an Illegal tender- What's the potential aftermath and uses?
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on: April 04, 2018, 11:08:37 AM
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It's been termed as an illegal tender is nothing short of lack of knowledge on the part of government and it's weak research Conducted towards discovering what it stands for. The aftermath and it's usage is super beneficial to its users and I tip it to be used as the only secured means of transaction. My question is can any good thing not have it good and bad? While the outcome of everything depends 9n the mindset of the users and what they intend to make out of it.
I disagree with you. Why would the government conduct research? They'll never do that. Their interests do not coincide with ordinary people. The main goal of the government is to take the maximum money from people and establish maximum control over transactions and costs. It helps to have power over all people. Bitcoin destroys this scheme. Therefore, the government will do everything to destroy bitcoin. Even if they claim to support cryptocurrencies. |
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96
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Bitcoin / Legal / Re: Crypto Business Is Now Legal in Belarus
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on: April 04, 2018, 10:55:47 AM
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It's a great news when crypto currency is legal in some country especially in Belarus. In means crypto currency for some people still needed. Some investors still buy and hold in some coins. I hope in the future many country accept and legal crypto currency world will grow fast.
I think you pin a lot of hopes on the process of legalization of cryptocurrencies. You need to have more realistic thoughts. If governments regulate the turnover of cryptocurrencies, it can have the opposite effect. We may face an outflow of capital from cryptocurrencies. The most important property that attracts large capital to cryptocurrencies is decentralization and the inability of the government to control users of cryptocurrencies. This is now being questioned. Perhaps this was the reason for the current fall in prices? |
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97
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Bitcoin / Legal / Re: Breaking: China May Legalize ICO Soon
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on: April 04, 2018, 10:46:48 AM
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I always find controversial facts and news when it goes about China and legalizing ICO.
Yes China always makes interesting dramas. They always manage to make interesting news. enough to make panic and cause price fluctuate. that is China they have an important role in all fields in the World. I don't believe any news. It seems to me that with news of whales manipulating the prices. Depending on the need, they spread various rumors. For this reason, we are constantly confronted with contradiction. Why would you pay attention to news from China? You use only your interests. This is my advice. |
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98
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Economy / Economics / Re: Does the bank glad to support cryptocurrency trade?
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on: April 03, 2018, 09:33:49 AM
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If they investigate more about what advantages there are in the crypto then surely they can agree on. This may be subject to their respective policies in the country.
Banks can not independently decide on the use of cryptocurrencies. Laws are binding on everyone. But banks have influence on many politicians, and so they can always lobby for their interests. It is not profitable for banks to support their competitors. Bankers can comply with the requirements of the law but voluntarily they will never recognize cryptocurrencies. |
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99
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Bitcoin / Bitcoin Discussion / Re: What will help recover bitcoin's value
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on: April 02, 2018, 09:32:46 AM
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Bitcoin seems to be falling down all the time and I wonder what kind of news will help bitcoin to recover in value
The market is very unstable but there are some minor tokens which are still stable in satoshi wise. Why can't it be same for the giant Bitcoin?
Lightening Network news and still its falling. what else can influence the value of bitcoin?
yes, besides good news about crypto, many factors can recover bitcoin, such as large purchases, not doing big sales, trust from the public, so spreading and volume becomes high, lightning network, segwit, and all good anything that can support crypto. Large purchases of bitcoins can stimulate price increases only temporarily. It is not a panacea. The rapid decline in bitcoin prices in 2018 is an indicator that the concentration of bitcoins in one hand is a threat to the entire cryptocurrency market. I support a lot of small purchases. Bitcoins should be distributed among millions or billions of people. Then between them there will be no agreement for mass sale or purchase of bitcoins. |
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100
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Bitcoin / Legal / Re: Cboe urges U.S. regulators to move forward with bitcoin ETFs
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on: April 02, 2018, 09:25:51 AM
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I think no one is delaying the arrival of cryptocurrency. Now we see the collapse of bitcoin prices and it is not accidental. I think that the major players in the us stock market are now conducting an unprecedented transaction for buying bitcoins. Once they buy bitcoin in large volume they'll come out on the market. But I think it will not benefit the bitcoin community.
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