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Author Topic: Your Country and Cryptos  (Read 5286 times)
Patron92
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March 23, 2018, 11:36:21 PM
 #201

In my country, the cryptocurrency is known only in general terms, but every day the number of interested persons increases, and I like it.
Cita1
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March 23, 2018, 11:45:36 PM
 #202

I'm curious, how big are cryptos in your country? Are they still collectively referred to as bitcoin, or do news reports and local media actually dive into their merit and the difference between coins, projects, companies etc. I'm from Canada and most of the current news is wavering between reports of malware installing mining agents and the Canadian Security Exchange cracking down on ICO sales.

In our country it is only 3% of the 203M population very minimal. Some learn more on it last 2017 when it makes a great boom. I learned it from my officemates and did the research. I love to inform my family and friends about it so that they will also be benefited by it like me.
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March 23, 2018, 11:54:12 PM
 #203

I'm curious, how big are cryptos in your country? Are they still collectively referred to as bitcoin, or do news reports and local media actually dive into their merit and the difference between coins, projects, companies etc. I'm from Canada and most of the current news is wavering between reports of malware installing mining agents and the Canadian Security Exchange cracking down on ICO sales.

Actually my country still didnt want to support bitcoin as well. Still assume bitcoin as fake investment or something like that.
But good news is they still allow an exchange from FIAT - BTC which is its still hope to access and use bitcoin

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zeze18
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March 24, 2018, 02:55:51 AM
 #204

it's really small.
Crypto is ostracized in indonesia.
Less than 1% people of this country learn about crypto and the government always warn to not use crypto.
alkhie01
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March 24, 2018, 03:19:39 AM
 #205

Many people here in our country know that cryptocurrency is a scam, then some news reveals that some private bank wants to buy crypto and that’s a little confusing from the news we cryptos are scam. Later on another speculation comes that our government will put tax in every transaction made by cryptocurrency but now they still don’t implement it, we are thankful for that. Then a weeks ago theres a news that one of famous artist here in our country wants to enter cryptocurrency, we was shocked and amaze with that fresh news here hopefully the word scam will be erased from the word cryptocurrency soon.
Awan Awan
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March 24, 2018, 03:35:32 AM
 #206

Basically in my country people knows about bitcoin. Such words as blockchain, ICO, token, few are familiar. The news sometimes speaks of some attempts by the government to work with the crypto industry.
I am from Eastern Europe and my government echoes in the West)

They try to ban, then they try to regulate, and as a result they create their own national cryptocurrencies. As for me, this is just a news throw, which they do to manipulate the market. Yet understand that cryptocurrency is no longer the future,
Rashid555
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March 24, 2018, 04:05:42 AM
 #207

I am interested in the crypto but in our country many people are unaware of the importance of this currency and in the present time i want to motivate people for coming in the crypto market and the bitcoin users are free to use bitcoin and other crypto while the people of the world are focusing on the future of crypto and bitcoin is very good for the online payments.

jamids
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March 24, 2018, 04:13:47 AM
 #208

I'm curious, how big are cryptos in your country? Are they still collectively referred to as bitcoin, or do news reports and local media actually dive into their merit and the difference between coins, projects, companies etc. I'm from Canada and most of the current news is wavering between reports of malware installing mining agents and the Canadian Security Exchange cracking down on ICO sales.

News reports are still tackling about bitcoin but there are some ICOs that are implemented base in our country. People getting involved in cryptocurrency are constantly growing and our government is quite supportive because they grant licenses to some platforms involved in cryptocurrency. I believed they are already convening about how to treat cryptocurrency because user base is growing so they don't want to miss to earn their share through taxes. Maybe after a few months or years, when bitcoin price increase again then it would be in major news sites again. Central bank is advising people to always be careful when investing but they don't have any clear rules yet related to ICOs.

faranisa
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March 24, 2018, 04:14:19 AM
 #209

In my country have not legalized crypto currency. Many are talking about crypto currency, but more do not know about crypto currency. Among those who know crypto I think only a few are really focused and serious about the progress and future of crypto. Others just pursuing profits regardless of anything else.
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March 24, 2018, 04:21:01 AM
 #210

I'm curious, how big are cryptos in your country? Are they still collectively referred to as bitcoin, or do news reports and local media actually dive into their merit and the difference between coins, projects, companies etc. I'm from Canada and most of the current news is wavering between reports of malware installing mining agents and the Canadian Security Exchange cracking down on ICO sales.
There are only few news in our country, maybe the mass media or mainstream media is being paid by the banks to feature it. Majority of their news are negative, only few positive news about cryptocurrency. Good thing there are social media like Twitter and  Facebook.

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March 24, 2018, 08:31:16 AM
 #211

In my country(East Europe), few know about the crypto currency. Many people have heard the words: bitcoins and crypto currency, but they do not know what it is and how it can be useful. It will take a long time for people to understand tecnology blockchain and start to use this.
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March 30, 2018, 12:13:18 AM
 #212

In Russia, in 2014-2015, they wanted to prohibit bitcoin and crypto-currencies, and then even give prison terms for storing and speculating with cryptocurrencies ... Now they want to take taxes from miners and equipment ... What  will be on, only Vova knows Grin

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March 30, 2018, 12:38:26 AM
 #213

it's really small.
Crypto is ostracized in indonesia.
Less than 1% people of this country learn about crypto and the government always warn to not use crypto.
I think the government is too paranoid with bitcoin so do a presscon and give warning to many people to not use bitcoin? are they too afraid of anonymous from bitcoin? but I think this is a strange thing because I think crypto gives more benefit than loss. afterall crypto will grow the economy in your country. government should think about it. do not look at it from the negative side only.
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March 30, 2018, 12:50:32 AM
 #214

The government in our country I think doesn't mind cryptos at the moment. But I would say that the presence of crypto is not yet entirely known. There are only several individuals or groups who have interest in cryptos. This is because investing in cryptos is not easy. One has to educate himself thoroughly in order to understand what digital currency is.

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JanuaryStars
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March 30, 2018, 12:57:42 AM
 #215

Your country is amazing! Unlike the circumstances in my country, bitcoin has not been legalized by the government as a means of financial transactions. Many speculations are circulating outside. Some say our country's government has not legalized the bitcoin for its fluctuating value, which means that the government is afraid that its people will be losing money if they invest in bitcoins. Many other stories are confusing.
But there is good news on the other hand that the national banks in our country will launch the official government cryptocurrency. That means bitcoin is slowly being recognized in our country.

On top of OP, yours is also promising I would say. It is always good to know many other countries have now started to consider recognizing bitcoin and alts as potential platform of engagement. In our country on the other hand, many banks are open to transactions with bitcoin generally and not much with alts, the central bank for example supports an app that exchange money for bitcoin and vice versa.
Within the app many remittance centers can be an alternative to transactions on top of banks.
it's a great venue actually.
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March 30, 2018, 01:02:36 AM
 #216

Your country is amazing! Unlike the circumstances in my country, bitcoin has not been legalized by the government as a means of financial transactions. Many speculations are circulating outside. Some say our country's government has not legalized the bitcoin for its fluctuating value, which means that the government is afraid that its people will be losing money if they invest in bitcoins. Many other stories are confusing.
But there is good news on the other hand that the national banks in our country will launch the official government cryptocurrency. That means bitcoin is slowly being recognized in our country.

On top of OP, yours is also promising I would say. It is always good to know many other countries have now started to consider recognizing bitcoin and alts as potential platform of engagement. In our country on the other hand, many banks are open to transactions with bitcoin generally and not much with alts, the central bank for example supports an app that exchange money for bitcoin and vice versa.
Within the app many remittance centers can be an alternative to transactions on top of banks.
it's a great venue actually.

I believe we are from the same country-the app might be coins.ph. There was a national conference held in January 2018 (just very recently) about cryptocurrency - how it works, and how it will benefits us. That was a testament that our government not only recognize bitcoin but cryptocurrency in general.
I believe great things are coming for crypto asset holders in our country with regulations coming up and legalizing bitcoin and/or crypto in general.

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elwiswoodie
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March 30, 2018, 01:11:28 AM
 #217

in my country, cryptocurrency has few users and even very rarely encountered
the government is still banning Bitcoin and Altcoin, for risk reasons
about 1% of the total citizens, have cryptocurrency for trading purposes, and very rarely used for buying and selling purposes
manggis97
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March 30, 2018, 01:12:21 AM
 #218

In my country many people interesting with cryptocurrency, although crypto not regulated yet. Also here many people trade crypto to gain profit and mining crypto as monthly income. And here any some merchants accepted Bitcoin, crypto booming in my country and many people want to make profit from it.

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March 30, 2018, 02:41:31 AM
 #219

Cryptocurrencies are slowly making its headway in our country and our central banks are looking forward to drafting rules for it. This would be rules are to regulate cryptocurrency transactions to protect investors and reduce the risks of fraud or scam. This regulation that set to be finalized this year would also cover the issuance and registration of cryptocurrencies. There are already a lot of crypto users in my country and many of them are also joining the ICOs so a proper regulation is needed for investors' protection and to prevent any scam ICOs in the future.
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March 30, 2018, 02:47:21 AM
 #220

I'm curious, how big are cryptos in your country? Are they still collectively referred to as bitcoin, or do news reports and local media actually dive into their merit and the difference between coins, projects, companies etc. I'm from Canada and most of the current news is wavering between reports of malware installing mining agents and the Canadian Security Exchange cracking down on ICO sales.
My country is not yet ready in crypto world but people is always ready because they want to learn more bout crypto. Most countries afraid that their people will be crazy about bitcoin. So that they minimized their people to access the crypto world.

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