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Author Topic: War on cryptocurrency!  (Read 4186 times)
redsun114
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July 07, 2018, 09:43:03 AM
 #481

What happens to the current conditions is the bouts of negative campaigns about bitcoin and cryptocurrencies, haters pay a variety of media to limit the movement of ICO and crypto so as to keep the market down, but I'm optimistic that someday they will be silent.
Cryptocurrency markets are improving with the passage of time and this is only due to the interest of people towards this successful way of making profit. It is little difficult but if you have skills and knowledge to survive in the market then there is no worries.

The current market is attracting us towards itself and encouraging us to invest and it is clearly showing us our benefit, so do not miss this opportunity.

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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pamsugas
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July 07, 2018, 10:25:40 AM
 #482

actually there is usually a new thing there must be pros and cons.
in my opinion many countries are battling bitcoin probably because of its very fluctuating prices. the government is afraid of its citizens who do not know the bitcoin to be poor
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July 07, 2018, 11:58:06 AM
 #483

Governments are concerned about crypto’s influence on economics and it’s expectable and understandable.

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July 08, 2018, 01:58:06 AM
 #484

Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
I don't think the governments is declaring war against cryptocurrencies what they are doing is protecting peoples money and they want to make sure that this new innovation will actually help the economy. And also they want to make the people who earns bitcoin to pay tax and since crypto is decentralize its going to be hard for them to track all of us who earns crypto not unless we declare it how much we really earn.
They are declaring a war against cryptocurrencies but they do not want to call it like that just in case they fail, but never forget they do not want cryptocurrencies to succeed they are realizing how dangerous they can be, they thought the experiment failed and no one cared anymore about them only to find out they were mistaken and crypto was more dangerous than what they thought.
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July 08, 2018, 02:14:02 AM
 #485

many countries are forbid but there are many who allow their circulation to and can be use in their country. the reason for a country that refuses to, they have to protect they asset from crypto currency if the funds in that country are stolen or taken away. it is part of the state to protect their assets from theft in any irresponsible form.
Cryptocurrency is creating a new revolution in the payment and management of financial and monetary world. The fierce competition in this market will eliminate the poor quality coins and provide the opportunity for more capable coins.

olumyd
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July 08, 2018, 03:11:15 AM
 #486

many countries are forbid but there are many who allow their circulation to and can be use in their country. the reason for a country that refuses to, they have to protect they asset from crypto currency if the funds in that country are stolen or taken away. it is part of the state to protect their assets from theft in any irresponsible form.
Cryptocurrency is creating a new revolution in the payment and management of financial and monetary world. The fierce competition in this market will eliminate the poor quality coins and provide the opportunity for more capable coins.

I believe the so-called 'war on cryptocurrencies' and ICO crackdowns are meant to sift through the over 1600 - and counting crypto-projects. The genuine and ingenious platforms will stay a while longer. But the inevitable is for there to be only a few platforms that can truly deliver to the new internet economy; just like how the internet operates today with only very few players at the helms of affairs.
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July 09, 2018, 06:57:20 AM
 #487

Since there are so many altcoin in the market today, they compete a lot in all aspects, so I do not think it's a good idea to focus on investing or holding. Project to choose the best ICO
The traffic sometimes increases and sometimes decreases which is clearly showing on the graphs. Due to traffic the value of Bitcoin increases and when the traffic reduces then the value decreases I mean to say about demand rate.

The current market shows that demand rate has decreased and that is why the value is low but this low value will attract people again and the market will go high because Bitcoin is available on such low price that is why they want to get benefit from this favorable market.
It is a vast modern technological system having many ways here for all of us which are unlimited. These sources have many users and shifting currencies among people for profit and there is a little competition too in situations sometimes but currencies are in tough competition with each other. One of the best markets in crypto world is now in its low market and this market encourages us for investment therefore there is huge traffic for investments these days.
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July 09, 2018, 07:33:43 AM
 #488

A new era of cryptocurrencies has already come and resistance to it will only lead to losses and ruin! If the government is aimed at the prosperity of its country and the enrichment of its people, then they will be open to the world of cryptocurrencies, and if not, then everything will turn against them!  Cool
Eros1on
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July 09, 2018, 08:19:00 AM
 #489

These countries may feel that crypto-currencies will have an impact on their financial markets and harm the interests of investors, so they will generally crack down on cryptocurrencies.

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July 09, 2018, 09:17:42 AM
 #490

Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
Not all there's many countries that supports this technology and lately Thailand had announced that they will legalized all crypto activities in their country. Although the government must regulate those new ICOs due to many fakes projects that will make a scam exit and protect their people for investing in those fake projects.
Pinoyfan
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July 09, 2018, 09:44:23 AM
 #491

Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
Wthat about that war is not capitalism. I believe that bitcoin will be a good thing. I even its stabilized by more money for that they belong. Cause we have been able. I even its stabilized by the world so I think it is a good thing that you can do it, I even though it is the market. I believe that they can
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July 09, 2018, 12:03:40 PM
 #492

many of the world's various countries reject crypto on the grounds of their economic and currency impacts,
and some have never questioned the crypto in their country while willing to follow the rules of the country, crypto is not prohibited but not recommended.
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July 09, 2018, 01:10:38 PM
 #493

Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
The reasons can be very diverse, but in my opinion one of the main reasons why they are doing that is because they are not knowing the deepest technical information about Bitcoin.
muratdur
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July 09, 2018, 02:17:36 PM
 #494

Also to not to get discouraged to much, I would say that there are many countries who are having the positive attitude towards cryptocurrencies and Bitcoin in general. So the world is not declaring war completely.

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July 09, 2018, 04:34:16 PM
 #495

The government wants is the complete control over their population and government won't accept why they can't control or gain from. Bitcoin will not give them access to people's account. They are afraid that it might be use in illegal activities like money laundering, smuggling and fraud investments.
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July 09, 2018, 04:42:00 PM
 #496

The government in my country decides to ban crypto because it can be used for criminal purposes and also causes inflation in the long run so my government does not want to take any risk to protect their civilians.
Well yes, that is understandable but do you think only crypto trading takes into account risky activity? What about stock trading? I think both are risky but why does my government legalize stock trading?
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July 12, 2018, 09:43:06 AM
 #497

Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
It’s not all governments, just those of them that believes that bitcoin can in one way or the other harm their economy,  so thru just believe that it is best for them to take action. Some of them didn’t ban ICO and Cryptocurrency straight out,  they just ban it temporary and then set up rules and regulations on how their citizens can make use of bitcoin and other cryptocurrencies including investments  on ICOs.
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July 12, 2018, 10:26:35 AM
 #498

Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?

They are afraid of competition from the crypt, because they know they can lose.
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July 12, 2018, 10:57:57 AM
 #499

because they believe that this threatens their economy and their monetary system as a whole, because it is possible to bypass the taxes and much more with the help of the crypto currency.
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July 12, 2018, 11:01:31 AM
 #500

Until today, governments around the world are mostly too big. Being big costs a lot of money, which answers the question of the purpose of taxation.

Taxation comes in many forms and sizes -

VAT/GST aka Consumption Tax
Income Taxes
Other forms of Taxes

They all function by means of taxing after the "transaction" has occured. Since Cryptocurrencies cannot be tracked so easily, this makes taxation almost impossible to police. Thus, the war on cryptocurrency is REAL, but the future is somewhere in between - where Governments and Crypto adopters adopt the middle ground.
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