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Author Topic: Is there any good news about Bitcoin from your country?  (Read 1859 times)
zedrickjuls
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April 13, 2018, 11:55:37 PM
 #381

Yes there is  good news in my country,recently they announced in public that they are now making laws to accept cryptocoins especially bitcoin and legalized it so that all of us here in the philippines can  free to use or transact bitcoin.

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April 14, 2018, 12:08:07 AM
 #382

This week there are bad news in my country regarding Bitcoin, headline in the news was "Couple was caught because they scammed 900m PHP worth of Bitcoin. Bashers in FB are mentioning that Bitcoin is a scam so chances are people might believe it and it will lessen Bitcoin supporters in my country. Btw here's the link of the article https://www.rappler.com/nation/199915-filipino-couple-amasses-millions-bitcoin-scam

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April 14, 2018, 01:03:30 AM
 #383

Yes! There is always a good news, Here in the Philippines our Government supports the idea of cryptocurrency legalizing the use of digital Money in remittance activites. As of now there is only 2 registered coin exchanges, coins.ph and rebit.ph.
This is a good start here in our country, until all Filipino will realize the importance of cryptocurrency it will make the regulation in full capacity.
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April 14, 2018, 01:08:35 AM
 #384

no, it's just that banks are planning to implement blockchain technology in their banking system.

EnricoGomez
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April 14, 2018, 01:33:28 AM
 #385

I would say the government barely recognize bitcoin
Most media focus on the negative view on bitcoin - that it is always used in scamming and legal activities that would, of course, influence common people

Though, yes, a big percentage of population of my country use bitcoin to earn additional income or for its convenience of use to which they recognize its great potential
cotton ball
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April 14, 2018, 01:48:50 AM
 #386

although it has not been recognized as a legitimate means of payment, but many ministers have reacted positively, from the many discussions that took place we have officially finally formally established a bitcoin association, and this means that it will have a good effect on the future crypto development, especially on projects proposed on crypto fintech nationally.

Only one institution is still skeptical, the central bank directly under the finance minister, they are still afraid to face this and diligently give a warning that they basically do not understand.

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April 14, 2018, 02:48:21 AM
 #387

To date, the market for crypto-currency in my country is in the so-called "gray zone", since there is no regulatory act. In early 2018, the government instructed the relevant government authorities to develop a regulatory and legal framework for regulating this issue. Let's see what happens from this.

deppil
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April 14, 2018, 03:09:59 AM
 #388

In our country, the government does not yet recognize bitcoin as a currency. But many people start using it as an investment tool to earn more money than at work in the office and exchange for cash.
Same as me, there is no special news today in my country, the government is still believe with their decision not to legalize bitcoin but not prohibit. the government only provides warning and caution to their community for bitcoin investment. I think it's better than being banned right ? I hope someday there will be a government statement to legalize bitcoin #hope

lifengpu
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April 14, 2018, 08:06:28 AM
 #389

now in my country bitcoin is gaining popularity and many are already interested in it as a secondary earnings, so I'm happy with this with the flow of circumstances
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April 14, 2018, 09:24:32 PM
 #390

Yea in canada the only good news is that KFC branch at here would start accepting btcs for chicken baskets Wink
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April 15, 2018, 07:48:12 PM
 #391

No, my country has banned bitcoin.since 2012 and ruled that if anybody found using bitcoin he/she will be sent to jail for 8 months atleast.So my In my country bitcoin is unknown to most of the people.In my country bitcoin is not popular more than 1%.

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April 17, 2018, 09:37:33 PM
 #392

still now there is none but will soon post in the forum if anything such happens Smiley Regards
ahiaba.john@yahoo.com
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April 17, 2018, 09:50:05 PM
 #393

Bitcoin is very known in my country but it is still below ten percent of the total  population that got involved in the activities of bitcoin. Government in my country  never raise any alarms against the uses of bitcoin for trading and so on. It is a good news from my country.

i_iz_vins
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April 18, 2018, 02:35:11 PM
 #394

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?

Actually I have not heard good news about bitcoin in our country. Bitcoin is not frequent on the news but when it is in the news, it is always negative. One day I have watched the news and there are these two people who used bitcoin to scam. They have gathered huge amount od money from many people who they have scammed,the good thing is they got arrested but the damage has been done. It affected bitcoin's reputation negatively and it will be hard to gain it back.
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April 18, 2018, 02:38:05 PM
 #395

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.
There is not any good news about Bitcoin in my country, instead there is a lot of bad news. Our government is preparing to ban the exchange and sale of Bitcoin, but they still allow us to trade

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April 18, 2018, 09:49:52 PM
 #396

still now there is none but will soon post in the forum if anything such happens Smiley Regards
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April 19, 2018, 01:05:37 AM
 #397

Yes before there were news about crypto in our country that a lot people became interested in investng to BTC specially when 1btc = $20,000 and that's equivalent to 1million in our currency however recently there was a bad news that caused trust issues with bitcoin (see article: cnnphilippines.com/news/2018/04/10/bitcoin-scam-pnp.html). Even my friends who knows that I am into crypto are asking if bitcoin is really profitable and not a scam and of course, I'll have to explain that only people are using it to scam people.

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April 19, 2018, 01:20:03 AM
 #398

Well the truth is, no good news so far. Only negative news is spreading in our country. Bitcoin in our contry is used to scam other people. They even collected about $15m-18m in this scam. So sad to hear this thing. I am just hoping good news will be heard to promote bitcoin in our country. If this bad news will continue, it will really affect bitcoin popularity, and most of my countrymen will believe bitcoin is just a scam and no one will support it. Only good thing thing i heard about bitcoin is our government is already accepted bitcoin but somehow  they also give warnings and cautions on bitcoins.

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