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Author Topic: Is there any good news about Bitcoin from your country?  (Read 1859 times)
haroldtee
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December 01, 2017, 10:56:21 AM
 #21

As far as I am concerned, Users are increasing daily in my country and it keeps getting interesting. I cannot say yet if the government is really doing as much as they can regarding cryptocurrency in general, but I have been hearing some rumors about so many meetings and conferences going on within CBN, which is centered on blockchain adoption and how it can be of benefit to the country.
I guess stuffs like this takes time, but it is a gradual thing and we will get to see the adoption growing wide. For the level of activity though, I can say I am impressed. I have lot of exchanges I can convert to fiat directly like LUNO and even some P2P exchanges like remitano and it is pretty fast doing an exchange, either buying or selling. I feel that is good news enough! There is still a lot of room for improvement though, but the awareness is growing everyday.

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December 01, 2017, 10:57:51 AM
 #22

how popular is bitcoin in your country? in our country ,more and more people invest in Bitcoin now . Is there any good news about Bitcoin from your country?

https://www.aicoin.com/chart/31D70E6A

BTC:
BTC is hovering around $10,000, whether price bounces back or not will determine BTC will continue the uptrend or start a downside move with a major correction. The closing price from tonight to tomorrow morning is very important, if price remains above $10,500, we can hold on to our positions, if not, then reducing our positions is the best way to avoid risks. 5-Day MA strategy still applies to current situation.


BCH:
It’s normal for price to bounce back to $1,300 after breaking below $1,520 and price will find support at $1,300. But it seemed unnormal for BCH price to go against BTC price this time as the major adjustment lowered altcoins and major coins prices, indicating the change in funds and signs of retreat.


LTC, ETC & ETH:

Basically, all of them shared a same price action which was extremely weak after a slump in price with increased volumes. Moreover, they all broke below the support at 5-Day MA and showed no signs of fighting again the downtrend. ETC, however, seems to be the strongest and should be your priority when price bounces back. Reducing your positions should be your main strategy for now.


Altcoins:
Dash seemed the only one experiencing an increase in price among altcoins, price is under a pretty strong control and holds the possibility to go wild. 5-Day MA strategy is still recommended for further operations and stop-losing level must be strictly set.

Original by Kuang Ren, translated and posted by AICoin Jami.


At the moment, bitcoin is a sensitive topic. I even found this news about bitcoin when I was trying to read the headlines earlier this day. The article says that bitcoin is really risky and people behind are mostly scam.

Link: http://m.philstar.com/315469/show/7121525e39fd2c5d9154e4d7c27b788d/?

PS. Read at your own risk.

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December 01, 2017, 11:08:44 AM
 #23

how popular is bitcoin in your country? in our country ,more and more people invest in Bitcoin now . Is there any good news about Bitcoin from your country?

https://www.aicoin.com/chart/31D70E6A

BTC:
BTC is hovering around $10,000, whether price bounces back or not will determine BTC will continue the uptrend or start a downside move with a major correction. The closing price from tonight to tomorrow morning is very important, if price remains above $10,500, we can hold on to our positions, if not, then reducing our positions is the best way to avoid risks. 5-Day MA strategy still applies to current situation.


BCH:
It’s normal for price to bounce back to $1,300 after breaking below $1,520 and price will find support at $1,300. But it seemed unnormal for BCH price to go against BTC price this time as the major adjustment lowered altcoins and major coins prices, indicating the change in funds and signs of retreat.


LTC, ETC & ETH:

Basically, all of them shared a same price action which was extremely weak after a slump in price with increased volumes. Moreover, they all broke below the support at 5-Day MA and showed no signs of fighting again the downtrend. ETC, however, seems to be the strongest and should be your priority when price bounces back. Reducing your positions should be your main strategy for now.


Altcoins:
Dash seemed the only one experiencing an increase in price among altcoins, price is under a pretty strong control and holds the possibility to go wild. 5-Day MA strategy is still recommended for further operations and stop-losing level must be strictly set.

Original by Kuang Ren, translated and posted by AICoin Jami.

The government in my country is still legalizing the use of Bitcoin. No moves as it is banned or something but rather regulating it. Most people who uses Bitcoin are track down, we cannot withdraw money larger than $1000 as it will need our verification. We need to send pictures and validated ID's to be able to transact more than $1k. It's ok with us as long as they allow us in engaging in cryptocurrencies, maybe it's also a big help for them as we are paying taxes legally.

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December 01, 2017, 11:12:25 AM
 #24

I don't know what you mean by the term good news. In my country bitcoin is still not legalized. The government pretends that it does not exist. For me it is very good news. I don't want government involvement in our bitcoin. Since I use the bitcoin the government has its own life in my own life. To my delight we don't overlap.

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December 01, 2017, 11:32:29 AM
 #25

What do you mean good news? How many users? Or maybe how the government recognizes Bitcoin?


I think the good news that the person asks is about the number of people who are joining or earning bitcoin and the people who accepted bitcoin as one of the electronic currency in the world or even in the specific country they are living.

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December 01, 2017, 11:53:44 AM
 #26

Bitcoin is so popular in my country now to the extends that radio station's now air program on bitcoin and the government has not taken any action against bitcoin. some banks in my country now educate they customers about bitcoin and other cryptocurrencies. Also bitcoin has help to reduce unemployment most youths now after graduation go full time into bitcoin trading and that has reduced they total dependence on government to provides jobs for them after graduation.
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December 01, 2017, 01:04:19 PM
 #27

Bitcoin is getting more and more popular in my country since the users are now considering the potential that bitcoin has. It is like a sickness where it passes through many people but is a good thing because we help each other out. since the people in my country are well known for being family-oriented and generous. bitcoin also helps the people in my country to be self-aware in issues that they don't know such as the issues in the government about this networking sites and other many things.
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December 01, 2017, 02:25:38 PM
 #28

I want to know them both
Don't know about the number of users, but the government seems to have some interest in crypto.
There are several draft bills. Not about severe regulation, but for legalization. Still, it is to soon to talk about completing the process.
By the way, I live in Ukraine.

in my country,the government also has some interest in cryptocurrency. by the way what kind of APP or website do you use to check ticker and get information?

I usually serf the news websites and (mostly) telegram channels to stay updated to latest news. As I don't have preferred coin, I am interested in common crypto sphere news.
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December 01, 2017, 02:32:13 PM
 #29

Just today I saw the article in the local newspapers how the number of bitcoin usesr is increasing and that the reason fro that is the price that has reached 10000$. This is kind of progress because usualy there no articles at all published about bitcoin, except in some specialized magazines. But in general te article wasn't too positive, it was more aimed as a warning to people that bitcoin is risky and not supported by any authority, so no, not some spectacular good news from my country.

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December 01, 2017, 02:34:26 PM
 #30

Bitcoin is getting more and more popular in my country since the users are now considering the potential that bitcoin has. It is like a sickness where it passes through many people but is a good thing because we help each other out. since the people in my country are well known for being family-oriented and generous. bitcoin also helps the people in my country to be self-aware in issues that they don't know such as the issues in the government about this networking sites and other many things.
Here in our country just like in your country it is now becoming the talk of the town. A lot of media were now covering what bitcoin is or cryptocurrencies. Why a lot of people here are getting hooked by digital currencies as well as a lot of people also complaining because they were scammed and they use btc as their instrument to scam people.

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December 01, 2017, 02:42:10 PM
 #31

Regardless of the price of bitcoin,nothing more.There is no other good news but just on the price value and how many it would be change on our currency.

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December 01, 2017, 03:31:02 PM
 #32

The good news about bitcoin would be pumping of its value.Has a big help to those who hold their bitcoins.But the sadness is how about if its dumping in price.

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December 01, 2017, 03:42:35 PM
 #33

The good news about bitcoin would be pumping of its value.Has a big help to those who hold their bitcoins.But the sadness is how about if its dumping in price.
i don't think so that its good news for a country but its good news for those who are holding bitcoin. the good news for bitcoin from my country is that now more and more people are taking interest in bitcoin from my country which are best for the future of bitcoin because as the users of bitcoin is increasing then the life of bitcoin is increasing and with addition with that the price of bitcoin is also increasing and all these things are also profitable for the uses of bitcoin.
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December 01, 2017, 04:47:40 PM
 #34

Bitcoin is legalized by Bangko Sentral ng Pilipinas and accepted in banks anywhere in the Philippines as well as remittance centers. But sadly, it was announced as a scam in one of our TV shows.
Gladly, I know what bitcoin is and it is definitely not a scam. Maybe used in illegal ways but bitcoin itself is not to blame.
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December 01, 2017, 06:06:58 PM
 #35

Just today I saw the article in the local newspapers how the number of bitcoin usesr is increasing and that the reason fro that is the price that has reached 10000$. This is kind of progress because usualy there no articles at all published about bitcoin, except in some specialized magazines. But in general te article wasn't too positive, it was more aimed as a warning to people that bitcoin is risky and not supported by any authority, so no, not some spectacular good news from my country.
Although the bitcoin users are increasing in my country, but still our government still do not have any statement about bitcoin. In future when bitcoin will become more popular then i think our government may feel the need to turn bitcoin as legal currency. but i am sure that it will take a long long time, because still majority of people do not know anything about bitcoin.

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December 01, 2017, 07:04:51 PM
 #36

how popular is bitcoin in your country? in our country ,more and more people invest in Bitcoin now . Is there any good news about Bitcoin from your country?
In my country, people from my environment, if they know about bitcoin, they are not going to work with him. The government is trying to impose taxation on activities related to cryptocurrency

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December 02, 2017, 09:21:26 AM
 #37

The good news about bitcoin in my country is that many people have changed their lives because of their income from bitcoin.

This is the story across world. Mostly people who are involved in bitcoin related stuff have made some money and ensured that they grow in their lives. Also in my country unemployed people are now becoming self dependent to some extent as they are working on projects related to cypto currencies and investing in it.


Yeah it's the same in the US. In the US it's a love and a distrust type of relationship. Most Americans have been brain washed by the News stations and are buying into the whole "Bitcoin is bad , Bitcoin's for drug dealers and pornographers" which is the same stupid narrative that they used to say about the Internet when it first came out, but no one here seems to remember or even care. 

The smart people in the US are the ones who are getting rich from Bitcoin, the smart ones just so happen to be the one's who distrust Government which owns all the news stations which controls the narrative. News sources like CNN, CNBC, MSNBC, etc. are constantly creating fake new's stories with fake names, and fake skirmishes around the country and the world to fool the American people into eventually bowing down before the state, sooner or later you're going to need an ID card just to walk in to a grocery store and buy food! And It's slowly getting worse.

When it comes to buying Bitcoin, the government acts like a silent killer, it will allow you to buy it , but if you don't sign a paper that tells them that you own it then they'll take it from you!

And guess what?

The document that you're supposed to sign doesn't even exist!!!

Have a wonderful day,

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December 02, 2017, 09:25:58 AM
 #38

I do not know whether to consider it good news or not. Bitcoin in my country is not popular at all. It is not even know by the majority of people. Added to that, our government did not mention this cryptocurrency. Therefore, people are using it in a secret way.

In other words, people can invest and mine bitcoin freely but secretly because the government might interfere because it might think it is dangerous for the economy.


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December 02, 2017, 09:34:40 AM
 #39

The bitcoin might be banned in my country soon because my country looks opposing the crytpo currencies but still not decided,so we are free to mine and trade our bitcoins but I hope bitcoin will not be banned in my country.

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December 02, 2017, 09:40:12 AM
 #40

how popular is bitcoin in your country? in our country ,more and more people invest in Bitcoin now . Is there any good news about Bitcoin from your country?

https://www.aicoin.com/chart/31D70E6A

BTC:
BTC is hovering around $10,000, whether price bounces back or not will determine BTC will continue the uptrend or start a downside move with a major correction. The closing price from tonight to tomorrow morning is very important, if price remains above $10,500, we can hold on to our positions, if not, then reducing our positions is the best way to avoid risks. 5-Day MA strategy still applies to current situation.


BCH:
It’s normal for price to bounce back to $1,300 after breaking below $1,520 and price will find support at $1,300. But it seemed unnormal for BCH price to go against BTC price this time as the major adjustment lowered altcoins and major coins prices, indicating the change in funds and signs of retreat.


LTC, ETC & ETH:

Basically, all of them shared a same price action which was extremely weak after a slump in price with increased volumes. Moreover, they all broke below the support at 5-Day MA and showed no signs of fighting again the downtrend. ETC, however, seems to be the strongest and should be your priority when price bounces back. Reducing your positions should be your main strategy for now.


Altcoins:
Dash seemed the only one experiencing an increase in price among altcoins, price is under a pretty strong control and holds the possibility to go wild. 5-Day MA strategy is still recommended for further operations and stop-losing level must be strictly set.

Original by Kuang Ren, translated and posted by AICoin Jami.


At the moment, bitcoin is a sensitive topic. I even found this news about bitcoin when I was trying to read the headlines earlier this day. The article says that bitcoin is really risky and people behind are mostly scam.

Link: http://m.philstar.com/315469/show/7121525e39fd2c5d9154e4d7c27b788d/?

PS. Read at your own risk.
I don't think that it is a sensitive topic rather than an interesting topic. Yes it's true that bitcoin is really risky due to its volatility but look at its potential growth and bitcoin survive until now and keeps dominating in the market.

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