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Author Topic: will all the countries make cryptocurrency legal?  (Read 858 times)
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March 05, 2018, 08:12:05 AM
 #1

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal
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March 05, 2018, 01:30:57 PM
 #2

What do you have to do with those countries if your country is not forbidding it? Are you not going to buy Bitcoins from your own country, but travel to one of those countries to buy them? If that is what you intend to do, then you obviously will have to wait a long time (or maybe forever), otherwise, that should not be your concern at all if your country allows trading it.
No one can ever know if a country is ever going to make Bitcoin legal or illegal. It totally depends on the thoughts of the authorities of that country, and those thoughts are never public unless they decide to implement them.

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March 05, 2018, 02:16:09 PM
 #3

What do you have to do with those countries if your country is not forbidding it? Are you not going to buy Bitcoins from your own country, but travel to one of those countries to buy them? If that is what you intend to do, then you obviously will have to wait a long time (or maybe forever), otherwise, that should not be your concern at all if your country allows trading it.
No one can ever know if a country is ever going to make Bitcoin legal or illegal. It totally depends on the thoughts of the authorities of that country, and those thoughts are never public unless they decide to implement them.
It is true that the value of cryptocurrency capitalization increases over time. But the fluctuation is very unpredictable because no one country controls this digital currency. Do not let your inexpensive offer to invest in cryptocurrency. Use it for easy payment or as your side income.

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March 05, 2018, 02:20:43 PM
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I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal
It will take a longer time for all the country in the world to accept or legalize Bitcoin and crypto currency in general because not every country has reach the same technological advancement in the world and not only that alone. The advantages of crypto currency in some advance country could be a disadvantage to the less developed country. Even if Bitcoin and crypto currency in general is not accepted in your country or region doesn't mean you cannot buy Bitcoin or any of the crypto currency via local Bitcoin exchange or your smart card.

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March 05, 2018, 03:10:58 PM
 #5

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal
Already some countries made bitcoin as Ilegal in their trading if you caught for using or trading bitcoin then you will be jailed.But many countries not made announcement yet whether it is legal or illegal but some countries are already legalized and implemented taxes for bitcoin usage.So it is their own decision other countries can't to anything with their decision so you need to research about crypto currency in your country before investing on crypto currencies.

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March 05, 2018, 03:42:35 PM
 #6

I think, and hope, most countries will accept cryptos and will regulate them but all of them? Not at all. Some of them will forbid them. If all western countries legalize them, Muslim countries (for example) won’t. Cryptos legalized all ever the world won’t happen in my lifetime.

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March 05, 2018, 04:12:04 PM
 #7

I think it will always depend on the country itself. Some may allow it's usage or not or may remain undefined. In some instances, it was declared legal but then due to regulatory measurement and other risks, the have declared it illegal in some countries.
But there is nothing wrong if we would hope for it to happen right ? I think if this will happen, it will be a greater good for everyone.
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March 05, 2018, 04:50:42 PM
 #8

Is hard and long process to make all the countries accept cryptocurrency as legal. Some countries still not believe about cryptocurrency.
They afraid in cryptocurrency people can do illegal transactions, like buy drugs, weapons etc. So for the safety reason they banned cryptocurrency, until they can control cryptocurrency. For some country allow cryptocurrency, they accept the technology inside cryptocurrency to improve their business and services.


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March 05, 2018, 05:15:00 PM
 #9

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal
Are you talking about all? I barely think that any country will take a step towards making cryptocurrency legal except for japan which portrays itself as a birthplace to btc. Governments get no advantage in making cryptocurrency legal. Infact it leads to increase in unaccounted economy in their very own country. This will make them lose control quite a bit. So its hard to say that any country will strive to make crypto a legal tender.

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March 05, 2018, 05:38:35 PM
 #10

I think, and hope, most countries will accept cryptos and will regulate them but all of them? Not at all. Some of them will forbid them. If all western countries legalize them, Muslim countries (for example) won’t. Cryptos legalized all ever the world won’t happen in my lifetime.

But I hope it will be legalized in all legally developed countries,in another situation there will be legal-economic problems and they don't need it.thats my opinion and I think they will not have enaugh legal grounds to not legalise it,Developed countries were forced to recognize it for people and for their property rights and countries that allow bitcoin or another pseudo anonymous cryptocurrencies will be trend for another developed countries,after they  create liberal and rightful regulations.

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March 05, 2018, 07:04:48 PM
 #11

From my knowledge bitcoin is not legit in all the countries.It's legal in some of the country like japan,United Kingdom,U.S,South Korea.Recently India announced,goverment will not responsible for the investment in bitcoin.China already make the bitcoin as a illegal one.So I think , bitcoin will become legal in world wide it's takes decade.


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March 05, 2018, 07:53:56 PM
 #12

I honestly do not think all countries will accept bitcoin because of existing laws on digital currencies but with time more cryptocurrencies will be accepted as cryptos are the future of money and one of the trending ways to invest your extra income.

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March 06, 2018, 11:03:04 AM
 #13

   No way all counties make bitcoin legal. A state exists by taxing citizens, weak currency may be partially replaced by bitcoin, look what happened in Venezuela and Zimbabve. Authorities lose control over citizen's funds therefore over whole situation there. Only modern and strong economy may tolerate bitcoin

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March 06, 2018, 11:44:09 AM
 #14

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal
Maybe, but I don't know when to happen because until today there are so many countries did not support cryptocurrency.

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March 06, 2018, 11:52:03 AM
 #15

Just invest in cryptocurrency. Don't wait for the country to shape your future.If you don't like the country change it.
If you make a good profit you can live wherever you want.
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March 06, 2018, 12:28:51 PM
 #16

It seems to me that bitcoin will never be legal. The government will take taxes from transactions on the exchange for Fiat. But they will never allow the use of bitcoins as a legal means of payment in stores. If bitcoin is banned in your country, you must exchange it in another country or in illegal exchangers.

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March 06, 2018, 01:24:57 PM
 #17

Some country forbid bitcoin because their decentralized and anonymous still haunting their mind !
Of course I hope that all country also legalize bitcoin as it will impact on bitcoin value globally

So is it possible ?
For now it's impossible so all we can do is just wait !
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March 06, 2018, 06:18:10 PM
 #18

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal

First get some knowledge about cryptocurrency. This forum is quite enough to get huge knowledge about all the crypto currency.
You have to check some basic things before investing in cryptocurrency. First you have to check cryptocurrency is legal, if it's legal. Don't omit to inverse in cryptocurrency.
Second one is you investing money. How much you want to inverse in cryptocurrency.
Last one is whether you are investing for short term or long term. If it's Short term ,choose the bitcoin .
If it's long term means, you have lot of options. You can choose any altcoin to inverse your money.

   

 
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March 06, 2018, 07:04:40 PM
 #19

It might seems difficult for all countries in the world  to legalise cryptocurrencies  but it is possible. All it takes is for the powerfull nations like USA, Germany ,France< China etc to legalise it then every other countries will

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March 06, 2018, 07:20:24 PM
 #20

It would be interesting in the extreme to see what the holdout countries did as everywhere else slowly legitimised it. There would come a point where they would be doing active harm to their economic activities. I wonder whether they'd be bloody minded enough to keep it up or blink.

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March 07, 2018, 12:16:05 AM
 #21

It will take time before the government of all countries decided to legalize crypto or not, crypto is a new and developing technology so each of the country still learn deeply about this and how it will affect their country in the future and each of the government got its own conclusion, so we can only wait and hopefully the media not spreading another FUD and misleading news

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March 07, 2018, 04:25:18 AM
 #22

Bitcoin is a way to allow people to transfer value in a peer-to-peer fashion without having to trust, to depend on and to pay middlemen like banks and financial services companies. The transactions are absolutely not untraceable; and Bitcoin works through a decentralized, tamper-proof public ledger. Any transaction from the beginning of the system can be inspected, and funds movements between addresses can always be traced as accurately and as far as needed, by anyone... like other other cryto currency as well, this is one of the reason why it become legal For some countries, even to the wealthiest country.. if they look beyond the crypto currency, they will find out.. that it safe for them to do so.. maybe, i guess they will sooner or later legalized it.. this is my opinion..

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March 07, 2018, 04:41:43 AM
 #23

No and will never happen. Legality of cryptocurrency is dependent on government officials on that country and they also rely on the their citizens approval or acceptance. It’s like marijuana, we have different laws about it and many nations still debating if this is good or bad to they’re people. Doubts are normal but taking a risk is the only way to profit, so what you should do to profit is on yourself.
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March 07, 2018, 06:06:32 AM
 #24

Still, there are many discussion should be held by the governments because there is no way to find how a government can benefit from these cryptocurrencies. Japan government already given a format how to legalize cryptocurrency may be it will take another decade for accepting cryptocurrency as legal.

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March 07, 2018, 07:05:36 AM
 #25

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal

There are a lot of risk when you step foot in cryptocurrency, one of them are those countries who suddenly ban crypto trading. Although there's still a lot of countries who accepts or recognize Bitcoin as a form of currency, there were also who go against it. I knew a country that banned crypto trading, BUT there are people who still managed to trade regardless of the law implemented against cryptocurrency in their country. They're just being too careful to do transactions not to get caught by the government authority, because once youre caught, guess what? you'll find yourself inside the jail.
I'm confused if youre afraid that your country might have a threat to ban crypto or youre afraid of banning crypto from different countries that might affect the price of BTC and other coins?

   

 
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March 07, 2018, 10:09:01 AM
 #26

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal

Legality of Bitcoin will depend upon the country's policies and some are due to patriotism so therefore it will be impossible for all countries to be united to legalize Bitcoin. If you are belong to the country that make Bitcoin a legal then well you are wasting the opportunity to earn and gain from this investment in which lot of people are now enjoying the benefits of earning big in which many have become rich right now. I just hope that it will be not too late for you for not getting on board earlier because the price of Bitcoin is now slowly rising up.

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March 07, 2018, 10:54:34 AM
 #27

It’s still quite possible. In fact, some other governments  are now starting to declare it legal to trade cryptocurrencies within their country. Others have implicated regulations on the trading platforms and exchanges but nonetheless, it is considered legal to trade. For those who already declared a ban, it’s still possible for them to declare the legality of trading however it is not very likely especially for countries with very strict governments like China and Russia. Islamic countries are also not so likely to lift their ban.
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March 07, 2018, 02:07:30 PM
 #28

It’s still quite possible. In fact, some other governments  are now starting to declare it legal to trade cryptocurrencies within their country. Others have implicated regulations on the trading platforms and exchanges but nonetheless, it is considered legal to trade. For those who already declared a ban, it’s still possible for them to declare the legality of trading however it is not very likely especially for countries with very strict governments like China and Russia. Islamic countries are also not so likely to lift their ban.
I don't understand why people expect their governments to step up. You never thought about what you need to demand from the government to recognize bitcoin. If that's what you want. But I still think the bitcoin community should distance itself from the government. The goal of creating bitcoin was decentralized. We must unite and build our own network beyond the control of all governments.

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March 07, 2018, 02:59:09 PM
 #29

It’s still quite possible. In fact, some other governments  are now starting to declare it legal to trade cryptocurrencies within their country. Others have implicated regulations on the trading platforms and exchanges but nonetheless, it is considered legal to trade. For those who already declared a ban, it’s still possible for them to declare the legality of trading however it is not very likely especially for countries with very strict governments like China and Russia. Islamic countries are also not so likely to lift their ban.
I don't understand why people expect their governments to step up. You never thought about what you need to demand from the government to recognize bitcoin. If that's what you want. But I still think the bitcoin community should distance itself from the government. The goal of creating bitcoin was decentralized. We must unite and build our own network beyond the control of all governments.
That's right mate, we can still engage bitcoin throughout knowing our government why we should be bothered that bitcoin does not become legal to our country besides as what you've said bitcoin is decentralized and nobody other person involved. This is what thinking as of now with the government to bitcoin a big competitor when it comes money involved in the country.
"We must unite and build our own network beyond the control of all governments" I like this line buddy so much appreciated and this is the reality.


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March 07, 2018, 05:23:05 PM
 #30

The legal status of bitcoin varies substantially from country to country and is still undefined or changing in many of them.[1] Whereas the majority of countries do not make the usage of bitcoin itself illegal, its status as money (or a commodity) varies, with differing regulatory implications. While some countries have explicitly allowed its use and trade, others have banned or restricted it. Likewise, various government agencies, departments, and courts have classified bitcoins differently. While this article provides the legal status of bitcoin, regulations and bans that apply to this cryptocurrency likely extend to similar systems as well.
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March 07, 2018, 10:05:43 PM
 #31

Absolutely yes, because there is a widespread financial crisis in many countries, and after the existence of cryptocurrencies era, there are many problems, the most important trouble which is the increase in the number of users (digital currencies).
On the other hand, it is certain that in the near future, all countries will recognize cryptocurrencies.

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March 07, 2018, 11:13:09 PM
 #32

Still, there are many discussion should be held by the governments because there is no way to find how a government can benefit from these cryptocurrencies. Japan government already given a format how to legalize cryptocurrency may be it will take another decade for accepting cryptocurrency as legal.

Yeah, its not easy to legalize cryptocurrency specially with the government who are not open into this kind of technology and those big companies like banks who are still not supporting this kind of innovation. I think this can only happen if one government are trying to fully study cryptocurrency, they will realize how good this thing is.
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March 07, 2018, 11:28:29 PM
 #33

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal
there is always a possibility for those countries to lift up the ban on trading cryptocurrencies but as of now don't mind the risk as there are greater market and if you compare countries that are crypto friendly against those countries that do not allow its trade i think it's not alarming yet.

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March 07, 2018, 11:43:02 PM
 #34

But I still think the bitcoin community should distance itself from the government. The goal of creating bitcoin was decentralized. We must unite and build our own network beyond the control of all governments.
People are too stupid to realize that they are being used as a cash cow slave by their government. Most simple minded people here allocate more time to think about potential fiat profits, than financial freedom.

They are also too much dependent on centralized exchanges to fulfill their needs, which I honestly don't think will ever change. We just have to accept that not everyone cares about decentralization and financial freedom.

I am happy that Bitcoin allows me to enjoy the financial freedom that I deserve to have, and from there focus on my own journey to avoid centralization. What others are doing in that aspect doesn't really interest me.

You can't force people to appreciate something they don't care about.

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March 08, 2018, 02:09:24 PM
 #35

The best thing for a crypto market, when leading countries accepts bitcoin.
In Asia we have Japan, in Europe we have Germany.
Would be great to have EU coin, maybe it will be possible one day.
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March 08, 2018, 02:34:23 PM
 #36

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal

It really depends on the stand-point of a country with regards to cryptocurrency in general. Most countries in Asia, like Japan, Singapore, Malaysia, Philippines see bitcoin as something that is beneficial to the economy as it provides alternative income to the public and makes the economy relatively liquid. Considering that Japan has taken measures into implementing such developments with bitcoin, maybe in the future some countries would embrace cryptocurrency as an alternative payment to some services/products.

You need to also understand on why countries prohibit the use of such cryptocurrency in the first place. Due to its volatile and decentralised nature, the government of some countries in Asia warn individuals into investing their money as it may turn negatively in the future. Also, the lack of government regulation causes doubt among the government and being tax-free means that the government has really no control over it.

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JC btc
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March 08, 2018, 04:57:10 PM
 #37

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal

It really depends on the stand-point of a country with regards to cryptocurrency in general. Most countries in Asia, like Japan, Singapore, Malaysia, Philippines see bitcoin as something that is beneficial to the economy as it provides alternative income to the public and makes the economy relatively liquid. Considering that Japan has taken measures into implementing such developments with bitcoin, maybe in the future some countries would embrace cryptocurrency as an alternative payment to some services/products.

You need to also understand on why countries prohibit the use of such cryptocurrency in the first place. Due to its volatile and decentralised nature, the government of some countries in Asia warn individuals into investing their money as it may turn negatively in the future. Also, the lack of government regulation causes doubt among the government and being tax-free means that the government has really no control over it.
In due time bitcoin will finally adapt by all countries, I hope that it will be done soon so that the price of the crypto when the time it comes will really rise up. I know that nowadays, a lot of people and countries has already beginning to change their life and their perspective so it is not possible to do so.

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March 08, 2018, 04:59:33 PM
 #38

The best thing for a crypto market, when leading countries accepts bitcoin.
In Asia we have Japan, in Europe we have Germany.
Would be great to have EU coin, maybe it will be possible one day.
Tell me why do you need the government's approval to use bitcoin? You have chosen a coin for yourself and must use it without borders and permission. This was the idea of creating bitcoin. Government approval can make life easier for you, but you have to pay part of your freedom to do so. Are you ready for this exchange?

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March 08, 2018, 05:51:28 PM
 #39

yeah obviously if all the countries make cryptocurrency legal then it would be legal one day and i think that day isnot so far.Cause many countries already legalized it.
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March 08, 2018, 08:17:10 PM
 #40

No one can tell when exactly such a thing will happen to Bitcoin and crypto currency in general because there are so many country banning Bitcoin and crypto currency activities in recent time and that make it difficult for one to say it will happen this particularly year to come.

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March 09, 2018, 06:46:12 AM
 #41

Ofcourse, chances is always there every moment. Legality of cryptocurrency is some countries is not good for them, the reason is they can't afford some bitcoin's to invest in it. What will be the point if one country buy bitcoin but only one or not more than 5pieces. It can be a big deal for them. Legality is for those who can afford and open minded in business. Without an open mind one country will not make bitcoin as legal. Maybe someday more countries will be legal.

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March 09, 2018, 07:37:00 AM
 #42

There are like 10 countries already where bitcoin, and crypto currencies in general, forbidden. Currently we may see a tend of crypto legalization, some states in the USA officially legalized bitcoin payments. This is very positive and I think it will affect on other countries decision about crypto, but I doubt that bitcoin will be legalized worldwide. Doubtful that those countries where bitcoin is forbidden will ever change their position to crypto.

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March 09, 2018, 08:07:28 AM
 #43

The governments that decides it's still banned/unlegal, certainly still has the assumption that everything related to crypto including crypto trade.. it will have a high risk to the country due of the characteristics of the crypto is easily influenced a various things.
Basically I think an opportunity certainly would be exist, but it can't be predicted with certainty, because everything follows the current developments that occur, if it's more toward to the positively direction, of course it might be would to legalized.

   

 
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March 09, 2018, 02:22:40 PM
 #44

The possibility is not a 100% at all in short amount of time since few countries just adapting and to say the least they might have few knowledge and engaging to it may have time and thorough consultations.

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March 09, 2018, 03:37:12 PM
 #45

The possibility is not a 100% at all in short amount of time since few countries just adapting and to say the least they might have few knowledge and engaging to it may have time and thorough consultations.


I think the 100% chance is that it won't. Tell me what is the government's interest in legalizing cryptocurrency? Many users think that taxes attract governments. But it is not. For many countries legalizing bitcoin will be a problem that the capital leaves their country. There are other reasons. For example, the stability of the banking system. I think it would be more convenient for governments to leave it as it is.
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March 09, 2018, 04:24:26 PM
 #46

i really dont have any idea of wheather all over the world crypto currency will get legal each and every country have their own rules and regulations
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March 09, 2018, 09:16:30 PM
 #47

Ofcourse, chances is always there every moment. Legality of cryptocurrency is some countries is not good for them, the reason is they can't afford some bitcoin's to invest in it. What will be the point if one country buy bitcoin but only one or not more than 5pieces. It can be a big deal for them. Legality is for those who can afford and open minded in business. Without an open mind one country will not make bitcoin as legal. Maybe someday more countries will be legal.

There's a chances to happen but a little bit, because as of now some countries still banned bitcoin together with the other crypto currencies. Try to visit this link http://bitcoinbans.com/ you see that not all countries are favor to the crypto currencies. But still many users beliefs that one day all crypto currencies will become legalize.

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March 09, 2018, 09:30:29 PM
 #48

Many small countries will follow the big country stand on crypto-currency legalization. USA being a super power and also the most technical advance country has not taken any clear stand on crypto-legalization. Many countries are waiting for US stand to follow on crypto-legalization, so that they can also take some firm stem on its legalization.

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March 10, 2018, 12:40:05 AM
 #49

Many small countries will follow the big country stand on crypto-currency legalization. USA being a super power and also the most technical advance country has not taken any clear stand on crypto-legalization. Many countries are waiting for US stand to follow on crypto-legalization, so that they can also take some firm stem on its legalization.
Hopefully, that's some happen to other countries adopting bitcoin technology not be afraid of being the negative side of bitcoin. Well, luckily bitcoin here our country and our government embracing bitcoin they recognized bitcoin as a currency and a mode of payment.
We could not say that it is legal but they recognized as what bitcoin it is but they can't manipulate and control bitcoin.

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March 10, 2018, 06:01:41 AM
 #50

I hope so eventually, but for now other countries are not yet open minded to accept cryptocurrency in their country maybe because their government will not benefit from it, they cannot taxed it. There  will come a time that they cannot deny it and they have to sit down and tacle this issue and maybe come out with a solution that will benefit both the government and people.   This I pray will happen.
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March 10, 2018, 08:10:31 AM
 #51

Wish it should happen. But obviously this would take some time in years. When crypto currencies are adapted, certainly there is going to be a great change in the country's economy. Many lives would benefit themselves earning and living with a decent lifestyle. It would certainly reduce the pain of government in providing employment to its citizens as well. Hope crypto currencies soon should be accepted as legal currency all over the world.
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March 10, 2018, 09:21:14 AM
 #52

Assuming in which country you live in. And as for your question, I still do not know because there are many countries banning cryptocurrency as well as countries recognizing it. If you want to invest in a cryptocurrency, then study your country and see whether or not it is suitable for you.

For example, my country is neutral. People in here still do not know about the existence of bitcoin or any other cryptocurrency. Maybe that is why my government still has not taken actions yet.



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March 10, 2018, 04:46:39 PM
 #53

Too early to say, there are so many conservative over protective countries in which you cant easily get through. Crytocurrencies are new to most of us, some government are very skeptical and hardly to trust this kind of trnasactions. So hopefully bitcoin wil be accepted to a conservstive cointires for it be legalize.
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March 10, 2018, 04:53:13 PM
 #54

Too early to say, there are so many conservative over protective countries in which you cant easily get through. Crytocurrencies are new to most of us, some government are very skeptical and hardly to trust this kind of trnasactions. So hopefully bitcoin wil be accepted to a conservstive cointires for it be legalize.
You are right we can't predict now that all countries will accept bitcoin in their country but I hope most of the countries will accepti it since the powerful and developed countries like USA already accepted crypto  currencies and made taxation system for it so most of the countries will follow them in my opinion.

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March 10, 2018, 10:17:40 PM
 #55

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal
Yes there are chances that they will make it legal. Even those who have officially stated it to be illegal will later chip in some regulations to make it legal somehow. I say this because the world is highly controlled by the superpower nations, and currently only China has stated emphatically that they want to ban some crypto, but others are thinking of regulations

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March 10, 2018, 11:11:22 PM
 #56

I don't believe it to happen. Political leaders never want that economic power to get out of their hands. So I don't think politicians want BTC to have legal status. But Tech. revolution is hard to stop, therefore BTC is unstoppable. Doesn't matter what think about it.
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March 11, 2018, 04:52:13 AM
 #57

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal
All states will sooner or later consider the issue of legalization of the crypto currency. Not to notice its circulation on their territory, they can not, especially since crypto-currency, and especially bitcoin, has a very high cost compared to any national money. However, each state will have its own decision on this issue. We can already see that these decisions are diverse, from full acceptance, as in Japan, to a complete ban, as in Zimbabwe. Each state must go its own way in this matter and this way will be long. What can you do, financial issues do not tolerate hasty decisions.

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March 11, 2018, 07:19:25 AM
 #58

I don't believe it to happen. Political leaders never want that economical power to get out of their hands

But the truth is we don't need anyone's permission to use bitcoin because it is decentralized and anonymous so we can use it if we want,who care about that fucking politicians.They always want to get benifited for themselves not for the governments so use bitcoin until you want.
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March 11, 2018, 11:38:54 AM
 #59

yes they will as crypto is the future parallel market for sure.
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March 11, 2018, 11:41:00 AM
 #60

even i have dough but i still feel it should be as maximum countries r doing it legal
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March 11, 2018, 12:48:20 PM
 #61

i think it won't happen that all country will legalize cryptocurrency beause some countries are forbid bitcoin. in my country cryptocurrency is not legal but they are open mineded about crypto.

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March 11, 2018, 12:52:01 PM
 #62

cant say with surety that all countries will make cryptocurrency legal but yes maximum of that will surely do it. 
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March 11, 2018, 12:54:16 PM
 #63

yes i think all countries will make it legal soon.
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March 11, 2018, 04:04:20 PM
 #64

i think it won't happen that all country will legalize cryptocurrency beause some countries are forbid bitcoin. in my country cryptocurrency is not legal but they are open mineded about crypto.
That is a good thing to hear from you, even here in our country, since our government have seen that the number of transactions or the volume was not a joke then they have been consider it by allowing us to join cryptocurrency but not to go involved in scams or ponzi scheme.

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March 11, 2018, 04:14:21 PM
 #65

Change is a big chance to the country who didn't yet make cryptocurrency legal. We all don't know when one country make it legal but for sure it will be in the future. If this really the future then it will happen. No one can stop it. Don't be afraid just go in the flow with right mindset.
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March 11, 2018, 07:02:20 PM
 #66

It is not an overnight phenomenon of course. Making cryptocurrencies legal in all countries is still a hope for many of the people here in the community. But yes it is not going to happen very soon. This is because governments all over the world are not willing to take up this task. But one more thing is for sure if not all, most of the countries are going to take up this process of legalizing the bitcoin very soon.

 But even if now where bitcoin is not legalized in most of the places, it is being used there by the people irrespective of the fact that governments don't recognize it as a legal tender.

   

 
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March 12, 2018, 01:09:58 AM
 #67

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal

Not all countries praise and believed Bitcoin so it is impossible for the world to legalize Bitcoin but if you are belong to a nation who believe in Bitcoin or not ban it so why wasting your time for the other country? We cannot force them to join but the opportunity here is being wasted in which Bitcoin is proven to change lives. It will be  there loss not ours.

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March 12, 2018, 02:07:58 AM
 #68

In my opinion. a time bitcoin will be legalized. we just have to be a little patient, it takes time
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March 12, 2018, 06:41:26 AM
 #69

It is almost typical one to answer because still, there are no exact rules for making cryptocurrency are legal. Governments are finding the path in which way they can legalise the cryptocurrency but some countries are not at all showing any interest towards legalising the cryptocurrency.

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March 12, 2018, 07:59:42 AM
 #70

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal

I do not think that someday all countries of the world will legalize the crypto currency. Such a decision requires a unified vision of this issue. And as we know, the governments of different countries treat the phenomenon of digital money differently. Some countries want to control the cryptosphere, some want to allow it to develop autonomously. Depending on these desires, a decision will be made about legalization.

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March 12, 2018, 01:46:49 PM
 #71

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal

I do not think that someday all countries of the world will legalize the crypto currency. Such a decision requires a unified vision of this issue. And as we know, the governments of different countries treat the phenomenon of digital money differently. Some countries want to control the cryptosphere, some want to allow it to develop autonomously. Depending on these desires, a decision will be made about legalization.
I think you're wrong. All countries are negative about bitcoin. Governments comment differently on this issue. But we do not see any state in which bitcoin has complete freedom. Even in Japan, there are some limitations. But Japan is a separate issue. It has always been the engine of the global digital industry.

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March 12, 2018, 01:58:12 PM
 #72

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal
It's very difficult to legalize cryptocurrency to all countries  because many countries until now did not recognize and introduce bitcoin to their people.

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March 12, 2018, 03:23:47 PM
 #73

The country that make altcoins legal is the country who aren't so much concerns about their own culture of dealing businesses through fiat.

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March 13, 2018, 09:31:44 AM
 #74

This is the state of every country. How the population economy of a country is heavily bonded with Bitcoin, and the other side of the country's economy feels threatened.
Surely it will lead to taxes, and may be forced to legalize sometime if that happens, the government can only see if a large number of transactions with bitcoin and the state does not earn from it.
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March 13, 2018, 10:33:13 AM
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This is the state of every country. How the population economy of a country is heavily bonded with Bitcoin, and the other side of the country's economy feels threatened.
Surely it will lead to taxes, and may be forced to legalize sometime if that happens, the government can only see if a large number of transactions with bitcoin and the state does not earn from it.

Why it's taking a long time for the authorities to accept it.  I understand that if crypto currencies gets in,  the local fiats will ruin itself in the market. Th8s is the main reason. But leaders have to look at other side.  The amount of profits and gains are very high with crypto than fiats. Their economy will have good growth. This should be realized. 

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March 13, 2018, 11:08:07 AM
 #76

Some countries had a strong stance against bitcoin and other cryptocurrencies and they no plans to allow in their own territory in the near future. Other nations gave in but imposed regulation on cryptocurrency exchanges and taxation on bitcoin transactions. There are also countries that banned bitcoin but they created their own cryptocurrency. With developments, I think it is impossible for the bitcoin to become legal in all the countries in the next several years.

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March 13, 2018, 01:33:37 PM
 #77

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal
I think the chance is very small. Cryptocurrency is like a gambling that you should always take the risk, profit is big but it can ruin your budget system if the project where you are in will not succeed or it is a scam. And look many scam ICO nowadays and the more that they are existing the more the victims will grow also in number. So if this is happening there will always a country that will never accept cryptocurrency but maybe they will create their own but has a big different than what we have today.

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March 13, 2018, 05:18:37 PM
 #78

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal
I think the chance is very small. Cryptocurrency is like a gambling that you should always take the risk, profit is big but it can ruin your budget system if the project where you are in will not succeed or it is a scam. And look many scam ICO nowadays and the more that they are existing the more the victims will grow also in number. So if this is happening there will always a country that will never accept cryptocurrency but maybe they will create their own but has a big different than what we have today.
We cannot really say that for now  because not all countries are in favor in this kind of idea, they don't want their countrymen to be fooled because they think that it was just a big scammed and a big manipulation in the money, as well as many people can avoid doing paying tax with it although they are earning.

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March 13, 2018, 06:14:56 PM
 #79

Everything is possible in this world.So I think the legalization of bitcoin through out the whole world is possible.But it takes some time.For the occurrence of both good and bad things need some time.So in a decade it's possible to make a bitcoin as a legal one.

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March 13, 2018, 10:44:18 PM
 #80

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal
There are chances but it depends on their government and we can't do anything about it no matter what is their decision. If you are still thinking that way and never gained some profit then you are not a risk taker and you will remain the same just like that, always doubting without taking some actions.

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March 14, 2018, 03:34:59 AM
 #81

the possibility to being legal for bitcoin is pretty small because i think volatility still one of the main problem why government does not liked bitcoin because they obviously that heard many people has been lost their money during bitcoin trading and the government don't want their citizen also experience just like that
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March 14, 2018, 04:47:43 AM
 #82

the possibility to being legal for bitcoin is pretty small because i think volatility still one of the main problem why government does not liked bitcoin because they obviously that heard many people has been lost their money during bitcoin trading and the government don't want their citizen also experience just like that

That's right government are really protecting its people from investing on this high risk market, so I think its hard for cryptocurrency to be recognize as legal currency in all country. But still its possible, we can make this thing legal but of course people should understand the risk here and not just to depend to anyone.
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March 14, 2018, 12:13:06 PM
 #83

the possibility to being legal for bitcoin is pretty small because i think volatility still one of the main problem why government does not liked bitcoin because they obviously that heard many people has been lost their money during bitcoin trading and the government don't want their citizen also experience just like that

Of course, you are right most of the people considering a high volatile market but there are many people who make the profit on Bitcoin investment. Government will always think about the negative side because there is no government involvement when it comes Bitcoin buying and selling. This makes them not comfortable with bitcoin.

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March 14, 2018, 01:14:17 PM
 #84

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal

It all depends on how countries see cryptocurrency. Some countries who specializes in technology like Japan see cryptocurrency as a good innovation which will help people a lot in the future. That is the reason why they started adapting cryptocurrency and they were able to catch-up in just a small span of time. However, some countries are banning bitcoin because they are afraid that cryptocurrencies are just a bubble since it is unsecured in terms of investment.

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March 14, 2018, 06:09:55 PM
 #85

i noticed you said some countries ban bitcoins , there is no issue with these countries that ban bitcoins because they banning bitcoins has little to no impact on bitcoins reach or its development so you needn't worry or care unless its from the perspective wherein your concerned that the people in these countries are still engaging or have to be using illegitimate channels to access the service other wise its no worries. plus they will have to join the line soon .,

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March 14, 2018, 07:03:23 PM
 #86

Currently, many countries have not made legal or legal rules regarding cryptocurrency because of the complexity of cryptocurrency.
However, as time passes, some countries start looking at cryptocurrency with different perspectives, some countries try to impose rules on cryptocurrency. I think, in the next few years, cryptocurrency will become legal around the world.

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March 14, 2018, 10:13:54 PM
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that could possibly happen if there will be a strong regulation on cryptocurrency trading around first world countries because some countries might follow this laws and regulation and lift up the ban since it is not a threat to the economy anymore because they can easily control it through these laws.

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March 15, 2018, 01:55:25 AM
 #88

I think they are working on it. Instead of the government will ban cryptocurrency i think its better to make it legal.  But not all coutries are legalizing  bitcoin so far.
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March 15, 2018, 06:30:00 AM
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I think they are working on it. Instead of the government will ban cryptocurrency i think its better to make it legal.  But not all coutries are legalizing  bitcoin so far.
Yeah and however most of the country's governments really insist on assessing it and considering it's influence on the country and its citizens over time. If indeed it is more likely to be more useful or help the progress of the country, it will certainly focusing to make it legal, and vice versa. However crypto has a side of deficiencies that can harm the system of country governance.
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March 15, 2018, 09:42:38 AM
 #90

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal
i think not all country will not make bitcoin as legal for now, because not all people in the world are not yet open minded in the world bitcoin. They will sure make study all the prons and cons about bitcoin if bitcoin will help their country or not. look at what happened on the country of India they are open about bitcoin, but it needs further understanding and the possibilities of illegal transactions about btc, of course there are scopes and limitations for everything. But in the future it might be.

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March 16, 2018, 02:04:19 AM
 #91

Eventually, in my opinion, Bitcoin will be used in all countries be it legal or illegal.  Now that Bitcoin was introduced and gained many followers and members, nobody including government can  stop or control it.
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March 16, 2018, 02:49:22 AM
 #92

i think it won't happen that all country will legalize cryptocurrency beause some countries are forbid bitcoin. in my country cryptocurrency is not legal but they are open mineded about crypto.

I better agree with you! Not all countries are in favor to cryptocurrency. There are more countries who forbid the presence of bitcoin and altcoins inside their territory. This is not suppose to legalize cryptocurrency in few years but maybe if the word change will come up to the leaders mind, then big chances of legalization seems clear. Ofcourse we all don't know what suppose to be done if countries did not meet in one direction. I guess this things is not so easy to adopt.

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March 16, 2018, 02:34:00 PM
 #93

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal

yes my country example Indonesia until now the legality of cryptocurrency until now still not legal, but to have digital money is not prohibited just can not be used as a means of payment of legitimate
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March 16, 2018, 08:32:10 PM
 #94

Recognize the legal currency in the territory of your country, this is a private matter of each state. Given that the attitude of states to the crypto currency is very different, it is difficult to say whether all states recognize the Crypto currency. Crypto currency is a fairly new and revolutionary type of financial relations and therefore even the process of its recognition or non-recognition will take a very long time.

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March 17, 2018, 03:51:09 PM
 #95

Eventually, in my opinion, Bitcoin will be used in all countries be it legal or illegal.  Now that Bitcoin was introduced and gained many followers and members, nobody including government can  stop or control it.

There could be a very good sense in your position. That could be possible in the long run despite this early resistance. Back to memory lane when computer was newly introduced, some countries never saw anything good on it or meaningful. They also despised computer but today, the same computers are seen in every government office and almost in every private business premises whether active or dead with the vacuum tubes, transistors or integrated circult(depending on the model)running or not.

Bitcoin will get to the level of being integrated as part of to medium of payment someday.

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March 18, 2018, 03:10:35 PM
 #96

As for now, we will wait on G-20 meeting on near time !
That will affect on all country's decision against bitcoin as they also make their policy against bitcoin.

Let say if G-20 forbid bitcoin completely, I think it's almost impossible to happen

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March 18, 2018, 03:46:29 PM
 #97

Maybe by the Year 2050; right now - it is a warring situation.

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March 18, 2018, 03:53:30 PM
 #98

Let me ask you a counter question: Will all countries join an one world government?

And the answer is clearly no! Never ever in this world will all countries join or do the same. That is the advantage of having so many countries with different systems, laws and culture. Finally the good news is that if you are not happy with the system in your country, you are usually free to leave and go to where you feel more comfortable. Wink
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March 18, 2018, 04:23:10 PM
 #99

Let me ask you a counter question: Will all countries join an one world government?

And the answer is clearly no! Never ever in this world will all countries join or do the same. That is the advantage of having so many countries with different systems, laws and culture. Finally the good news is that if you are not happy with the system in your country, you are usually free to leave and go to where you feel more comfortable. Wink

No all the countries didnt accept cryptocurrency legally.  But some countries accept crypto currency and legally they use bitcoin trading. Now bitcoin is known by people and they followed bitcoin. Next few years all the coutrries will accept cryptocurrency.

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March 19, 2018, 05:41:52 AM
 #100

Maybe soon it will be legalize but that means crytocurrency is legaly tax then. As of the moment some countries banned it some is not banned but not tha legal. Maybe they are working on how things will work with crypto laws.
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March 19, 2018, 02:00:09 PM
 #101

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal

Depends upon which country you belong too .
To be honest , it is just a trend that one country follows from the other . The opposition countries would never do the same thing . There is always a risk , you have to be sure about the amount you are trading because a minimal amount would not hurt . Moreover ,  most countries are still "unknown" and "unsure" about its take on crypto currency trading.

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March 19, 2018, 04:55:51 PM
 #102

It's take a long time to countries accept the bitcoin. If bitcoin enters in to the country local fiats will be affected. That is the main reason countries not accepting bitcoin legally. compare to fiat bitcoin is more profitable and gain more profits. The economy of the country have good growth. Now bitcoin is become more popular among people. In future surely it will be accepted by all the countries.

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March 20, 2018, 04:07:56 AM
 #103

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal


Those governments that blocked bitcoin and other cryptocurrencies might later follow the majority of the countries that allows cryptocurrencies to be use by their citizens for their daily transactions. But most of them might also imposed regulation and taxation while allowing exchanges to operate in their area. Some governments may allow bitcoin but legalizing it might take a long time before they approve it.

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March 21, 2018, 12:32:25 PM
 #104

I still have a dough on taking a risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal
Nothing is impossible. It could be in the future this could happen. All countries can legalize Cryptocurrency in their respective countries. I am sure if it has been legalized in all countries, surely our life will all be more prosperous again.

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March 21, 2018, 01:29:53 PM
 #105

what's the best way to change bitcoins into dollars?
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March 21, 2018, 02:12:06 PM
 #106

Just go with the flow is my advice to you. You should not be scared, they can't punish millions of people for doing crypto if it was illegal. But it is not illegal so no worries there. If some country pronounces it illegal just switch to another country after a while. You are missing the chance of earning money and learning about new technology at the same time.
As the matter of fact, it will be a new payment (financial) system in our near future.
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March 21, 2018, 04:27:59 PM
 #107

what's the best way to change bitcoins into dollars?
The best way to sell bitcoins for dollars on the stock exchange. If your country has no claims to bitcoin and is not included in the sanctions list, you will have no problems registering on the exchange and receiving a Bank transfer from there. But if your country's on the black list, you're in trouble.
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March 24, 2018, 01:18:09 PM
 #108

 No way all counties make bitcoin legal. A state exists by taxing citizens, weak currency may be partially replaced by bitcoin, look what happened in Venezuela and Zimbabve. Authorities lose control over citizen's funds therefore over whole situation there. Only modern and strong economy may tolerate bitcoin. The government will take taxes from transactions on the exchange for Fiat. But they will never allow the use of bitcoins as a legal means of payment in stores. If bitcoin is banned in your country, you must exchange it in another country or in illegal exchangers.
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March 24, 2018, 05:20:52 PM
 #109

No way all counties make bitcoin legal. A state exists by taxing citizens, weak currency may be partially replaced by bitcoin, look what happened in Venezuela and Zimbabve. Authorities lose control over citizen's funds therefore over whole situation there. Only modern and strong economy may tolerate bitcoin. The government will take taxes from transactions on the exchange for Fiat. But they will never allow the use of bitcoins as a legal means of payment in stores. If bitcoin is banned in your country, you must exchange it in another country or in illegal exchangers.
Bitcoin will not help such countries. They only have one way out. It's the issue of new money. As long as people will not be in the hands of a large amount of money can save up goods in stores and make residents who have savings in foreign currency to exchange dollars for a new currency. But this is a temporary step. The main actions should be aimed at the destruction of corruption and theft.

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March 24, 2018, 06:53:23 PM
 #110

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal
Opportunities will always be there but it takes a very long time for bitcoin to be legal around the world, we do not know what will happen in the future. Because now also a lot of prohibition to promote cryptocurrency.

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March 25, 2018, 04:48:48 PM
 #111

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal
Opportunities will always be there but it takes a very long time for bitcoin to be legal around the world, we do not know what will happen in the future. Because now also a lot of prohibition to promote cryptocurrency.
Yes, opportunities will always lead to countries as one way to help the Economy and when a government sees the good impact that bitcoin is creating in an individual and in the country then for sure they will legally regulate it.

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March 25, 2018, 05:41:51 PM
 #112

I do not know if the risk is high or not. If it is high, then do not. If it is not, then do it in a smart way. Added to that, it all depends on the situation of your country. You clearly know your country better than us. So before doing something, you should study all its aspects to see whether it will be suitable and beneficial for you or not. And that implies stating the possible risks and their solutions. Yes, brother. Nothing can be done that easily.



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March 25, 2018, 06:18:43 PM
 #113

I do not know if the risk is high or not. If it is high, then do not. If it is not, then do it in a smart way. Added to that, it all depends on the situation of your country. You clearly know your country better than us. So before doing something, you should study all its aspects to see whether it will be suitable and beneficial for you or not. And that implies stating the possible risks and their solutions. Yes, brother. Nothing can be done that easily.
Time will come for sure that all countries will make cryptocurrency legal especially now that bitcoin brings name in Japan, and when Japan becomes successful in it countries will get curious and will reopen the possibility again to people.

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March 25, 2018, 07:10:35 PM
 #114

The legal status of Bitcoin and the digital currency is still a hot debate to date, but significant progress is evident in some countries.

As time passes, some countries begin to look at Bitcoin and the digital currency by trying to legalized of the digital currency.

Typically, regulation is not something that all parties support. But in the case of Bitcoin, regulation is a gift. Bitcoin regulation is something that is supported by the Bitcoin community around the world.

I also hope bitcoin will become legal worldwide.

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March 25, 2018, 07:17:44 PM
 #115

What do you have to do with those countries if your country is not forbidding it? Are you not going to buy Bitcoins from your own country, but travel to one of those countries to buy them? If that is what you intend to do, then you obviously will have to wait a long time (or maybe forever), otherwise, that should not be your concern at all if your country allows trading it.
No one can ever know if a country is ever going to make Bitcoin legal or illegal. It totally depends on the thoughts of the authorities of that country, and those thoughts are never public unless they decide to implement them.
That's right. The author is making problem on an empty place.
That is going to be like a Big Bang if some of those countries which already forbidden crypto trading will change their decision about it. I guess it is more possible that some more countries will join to this ban rather those country will change something about their rough crypto regulation.
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March 25, 2018, 07:44:06 PM
 #116

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal

No all the countries will not make bitcoin legal. Because they are afraid of cryptocurrency. Once crypto enters in to the country it will affect local fiat's. The main reason countries will not accept bitcoin due to this reason. But once it accept bitcoin it will leads the countries growth.
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March 27, 2018, 04:35:20 PM
 #117

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal

No all the countries will not make bitcoin legal. Because they are afraid of cryptocurrency. Once crypto enters in to the country it will affect local fiat's. The main reason countries will not accept bitcoin due to this reason. But once it accept bitcoin it will leads the countries growth.
We are all just hoping that cryptocurrency will become legal in all countries and will become a big phenomenal, and since that time is not yet coming I will just see to it first that I have some bitcoin that I can withdraw in our future, it does not matter how much you have what matters is that you have some of it.


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March 27, 2018, 08:23:14 PM
 #118

To recognize or not recognize the Crypto-currency as a legitimate means of payment on the territory of one's own country is an internal matter of each state and in this matter no one has the right to indicate it. As we can see, in different countries this question is solved in different ways. The process of legalizing crypto currency will still take a very long time and there is no guarantee that it will end for it positively in all countries.

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March 28, 2018, 10:35:00 AM
 #119

About this, I'm more thinking., that it will become legal and more recognized by the whole countries, anyhow life will not be monotonous and not following the technological development. Crypto is the future that's destined to be deepened till being useful.
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March 28, 2018, 06:15:45 PM
 #120

It seems that this year will be decisive for the crypto currency in the issue of its recognition by the majority of the states of the world. Following Japan, more countries recognize bitcoin and another crypto currency as a means of payment with all the ensuing consequences. A few days ago, the representatives of the "Big Twenty" also generally supported the possible recognition of the crypto currency, and since July this issue can be considered at this summit. If the issue is resolved positively, most states recognize the Crypto currency and this will be a turning point in its existence.

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March 28, 2018, 08:49:23 PM
 #121

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal

Are you talking about developing countries or developed? there are countries where  goverments don't know how to define of its legal definition,even courts cann't  do this,So no one can answer you..this issue is very wide and complex,because In every different country,There are different approaches and legal norms,But I can say that it will be profitable for them,Why? Just imagine,In this sphere,In technology there are a lot of money and we know many projects like google or even youtube,their income maybe milliards of dollars in just two or three month and if someone in developing country do the projects like it, they will be very successful in the future,Their economical conditions will be better by this and not a worse,I see a great potential in it and I hope they will understand it too,Anyway that's why I say this.


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March 29, 2018, 08:43:40 AM
 #122

I really hope the government issues a government regulation that governs this digital currency and we can become easier in life
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March 29, 2018, 05:23:57 PM
 #123

I really hope the government issues a government regulation that governs this digital currency and we can become easier in life
You do not understand the purpose of cryptocurrencies. Any decision to legalize and regulate the cryptocurrency market will lead to people losing interest in this asset. The whole attraction of bitcoin was that it did not control its users. Now people are ready to destroy bitcoin to get free access to Fiat.


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March 29, 2018, 10:53:58 PM
 #124

I don't think that it will happen in near future. We have a lot of cultural space between countries, that's why it will take a lot of of time to change the opinion about crypto in some places (will not list them)
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March 29, 2018, 11:04:30 PM
 #125

They don't have a problem with cryptocurrencies, they have a problem with decentralization, losing control. China's central bank is making their own cryptocurrency, obviously it's legal, but it's not the kind of cryptocurrency we're looking for.

https://cointelegraph.com/news/china-to-develop-centralized-crypto-protects-yuan-against-non-state-digital-currency

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March 30, 2018, 12:52:59 AM
 #126

What do you have to do with those countries if your country is not forbidding it? Are you not going to buy Bitcoins from your own country, but travel to one of those countries to buy them? If that is what you intend to do, then you obviously will have to wait a long time (or maybe forever), otherwise, that should not be your concern at all if your country allows trading it.
No one can ever know if a country is ever going to make Bitcoin legal or illegal. It totally depends on the thoughts of the authorities of that country, and those thoughts are never public unless they decide to implement them.
Consequently what do you have to do with those countries if your country is not forbidding it? Will you be not going to buy Bitcoins from your country, but travel to one particular countries to buy them? In the event that is what you intend to do, then you obviously will need to wait around a long time (or maybe forever), otherwise, that should not be your concern at all if your country allows trading it.
No one can ever know if a country is ever heading to make Bitcoin legal or illegal. It totally will depend on the thoughts of the authorities of that country, and others thoughts are never public unless they decide to implement them.
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March 30, 2018, 06:11:09 AM
 #127

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal

Why should you fear of something when it's not going to offer you.  If your country permits all citizens to use or trade bitcoin or any crypto currencies, then yes,  you can freely have access to use crypto currencies. If not then need to think on it.  If you are dare enough, you can very well do it so.  No harm in it?

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March 30, 2018, 03:47:19 PM
 #128

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal

Why should you fear of something when it's not going to offer you.  If your country permits all citizens to use or trade bitcoin or any crypto currencies, then yes,  you can freely have access to use crypto currencies. If not then need to think on it.  If you are dare enough, you can very well do it so.  No harm in it?
Don't doubt anything right? if I we are the investors/users here  so we should be the number one who will positively sees bitcoin as a good and potential income and that will change and will make innovation in the world and if we will not do it then the tendency is that countries won't make it legal as well.

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March 30, 2018, 04:05:21 PM
 #129

Every have their own views, so it does not depend that all countries will join there hands and make cryptocurrency legal. Many countries have taken subsequently steps in order to make crypto legal and safe but many are against also. So, judgement of countries will remain a question as their views can be changed at anytime.

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March 30, 2018, 04:16:20 PM
 #130

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal
If you are waiting for govt. To make it legal before you invest in cryptos then its better if you drop the whole idea of investing in cryptos itself. Cryptos are targetted at removing centralized censorship over money in this world. And what you are saying is that you will invest in decentralization when the centralized authority will allow it? Do you really think this will ever happen? Moreover even if all countries make it legal that wont mean they will have it backed as a legal tender too. No third party can guarantee you your money when it comes to cryptos.

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March 30, 2018, 08:18:31 PM
 #131

Making bitcoin legal would not come in unison. Some countries might be ready and considering its legality before another country but what I understand is that because bitcoin is a decentralized coin, whether legal or not, it won't be stopped.

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March 31, 2018, 01:10:00 AM
 #132

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal

Why should you fear of something when it's not going to offer you.  If your country permits all citizens to use or trade bitcoin or any crypto currencies, then yes,  you can freely have access to use crypto currencies. If not then need to think on it.  If you are dare enough, you can very well do it so.  No harm in it?
I can understand their reasoning. how can crypto market be jiggle only from FUD? especially if governments across the country prohibit bitcoin maybe it could be the end of the crypto? so naturally if they questioned "could there be a regulation for crypto?" because it will provide little investment security/safely for them

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March 31, 2018, 07:09:56 AM
 #133

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade.
so is there any chance for those countries to make it legal

I think every country has a different policy about bitcoin legality and its rules, and as long as this country still gives freedom in trading transactions with crypto I do not think it should be discussed about legality
And about the opportunity for bitcoin legality is very small because so far bitcoin is more dominant as a business asset than currency.

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March 31, 2018, 09:35:21 AM
 #134

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal

Why should you fear of something when it's not going to offer you.  If your country permits all citizens to use or trade bitcoin or any crypto currencies, then yes,  you can freely have access to use crypto currencies. If not then need to think on it.  If you are dare enough, you can very well do it so.  No harm in it?
Thinking about fear of something when it's never going to offer you. If your country permits all individuals to use or control bitcoin or any crypto currencies, then yes, you can freely have gain access to use crypto stock markets. If not then need to think upon it. In the event you are dare enough, you can very well do it so. Not any harm in it?
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March 31, 2018, 09:55:46 AM
 #135

Saya pikir sebagian negara ada yang membuat da  ada yang tidak . tergantung negara nya apahkah cryptocurrency bisa meningkatkan ekonomi suatu negara atau tidak . tidak semua negara membuat crytocurrency legal.
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