Alexxo
Member
Offline
Activity: 309
Merit: 10
|
|
June 25, 2019, 08:41:00 PM |
|
The sharp tightening of state control began in 2018, after a strong growth of cryptocurrencies in 2017.
Started, but never ended. In most countries, there has only been a discussion for several years. A surge of activity has caused debate and there is no consensus about when the state control on the cryptocurrency will be in full swing. Many users of cryptocurrencies in favour of anonymity and the lack of state control. Unfortunately, the anonymity in cryptocurrency becomes less and less. The KYC procedures should be held everywhere - during ICO, IEO and verification on exchanges. And the problem from the clients's side, we don't know who owns those exchanges. We are required to submit KYC docs before accessing some levels but we are blindly obliged to do that even if we don't know them, if we badly want to use their platform. No one knows how the exchanges will use the information they received from investors during the KYC procedures.
|
|
|
|
|
|
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
Dorvei
|
|
June 25, 2019, 08:57:13 PM |
|
The sharp tightening of state control began in 2018, after a strong growth of cryptocurrencies in 2017.
Started, but never ended. In most countries, there has only been a discussion for several years. A surge of activity has caused debate and there is no consensus about when the state control on the cryptocurrency will be in full swing. Many users of cryptocurrencies in favour of anonymity and the lack of state control. Unfortunately, the anonymity in cryptocurrency becomes less and less. The KYC procedures should be held everywhere - during ICO, IEO and verification on exchanges. And the problem from the clients's side, we don't know who owns those exchanges. We are required to submit KYC docs before accessing some levels but we are blindly obliged to do that even if we don't know them, if we badly want to use their platform. No one knows how the exchanges will use the information they received from investors during the KYC procedures. Cryptocurrency exchanges control money of investors and traders. But who will control the exchanges?
|
|
|
|
greekcomunity
Copper Member
Jr. Member
Offline
Activity: 485
Merit: 2
|
|
June 26, 2019, 07:34:07 PM |
|
From 2017 the BTC Dominance is about 50%. Now BTC Dominance is 59%. There are 2300 cryptocurrencies on coinmarketcap, but BTC Dominance is 59%. So you see how much the price of altcoin dependent from the price of Bitcoin.
What you are writing about is just a BTC share in the cryptocurrency market. Since crypto projects do not bring profit, they as a speculative tools depend on the price of Bitcoin. Much can change when there will be many self-sufficient projects. yes but it is unpredictable, and most projects depend on the bitcoin market, and it is common for many projects including optherium projects, you should do your own analysis if you want to benefit
|
▀▀▀█ ▀█ ▀▀▀██ █ DeHero █ ██▀▀▀ █▀ █▀▀▀ https://www.dehero.co?utm_source=8Decentralized GameFi Application Based on BSC
|
|
|
zoya2019
Jr. Member
Offline
Activity: 57
Merit: 1
|
|
June 26, 2019, 07:56:19 PM |
|
From 2017 the BTC Dominance is about 50%. Now BTC Dominance is 59%. There are 2300 cryptocurrencies on coinmarketcap, but BTC Dominance is 59%. So you see how much the price of altcoin dependent from the price of Bitcoin.
What you are writing about is just a BTC share in the cryptocurrency market. Since crypto projects do not bring profit, they as a speculative tools depend on the price of Bitcoin. Much can change when there will be many self-sufficient projects. yes but it is unpredictable, and most projects depend on the bitcoin market, and it is common for many projects including optherium projects, you should do your own analysis if you want to benefit I agree that the price of altcoin too much dependent from the price of Bitcoin. When Biltcoin grows all other tokens are growing too.
|
|
|
|
caribbean_dream
Copper Member
Newbie
Offline
Activity: 79
Merit: 0
|
|
June 26, 2019, 08:04:42 PM |
|
BTC Dominance: that is now 63.4% groth together with the growing of cryptocurrency market. That is why price of other altcoins to much dependent from the price of Bitcoin.
|
|
|
|
CryptoFlowers
Copper Member
Newbie
Offline
Activity: 145
Merit: 0
|
|
June 26, 2019, 08:14:07 PM |
|
Sometimes it is very difficult to stick to the roadmap, as not everything depends on the developers, for example, market conditions.
I think the market conditions are now very favorable. I think that now market conditions are very good. It is a good time for development and token sale. The popularity of cryptocurrency and blockchain is growing and a very high now.
|
|
|
|
Heptapolis
Jr. Member
Offline
Activity: 101
Merit: 1
|
|
June 27, 2019, 07:39:01 AM |
|
Sometimes it is very difficult to stick to the roadmap, as not everything depends on the developers, for example, market conditions.
I think the market conditions are now very favorable. I think that now market conditions are very good. It is a good time for development and token sale. The popularity of cryptocurrency and blockchain is growing and a very high now. Cryptocurrency market is growing but market is very unstable, after big grows there is fall of the market. So yesterday Bitcoin raised, now it falls.
|
|
|
|
Heptapolis
Jr. Member
Offline
Activity: 101
Merit: 1
|
|
June 27, 2019, 07:17:45 PM |
|
[cut out] the authorities of various goverment autorities tighten the control over cryptocurrencies and mixers also began to check. Anonymity decreases.
Anonymous cryptocurrencies, BTC mixers. To control this, they need a theory, time-tested experience and qualified specialists. All this is not yet in the complex. Various restrictions only slightly limit anonymity. Sometimes authorities close the mixers and take all their documents if there are any. But after one closed mixer two new appear.
|
|
|
|
cryptomia62
Jr. Member
Offline
Activity: 86
Merit: 1
|
|
June 27, 2019, 07:53:50 PM |
|
[cut out] the authorities of various goverment autorities tighten the control over cryptocurrencies and mixers also began to check. Anonymity decreases.
Anonymous cryptocurrencies, BTC mixers. To control this, they need a theory, time-tested experience and qualified specialists. All this is not yet in the complex. Various restrictions only slightly limit anonymity. Sometimes authorities close the mixers and take all their documents if there are any. But after one closed mixer two new appear. But general control of cryptocurrencies is increasing. Now there are a lot of decentralize exchanges and it is hard to control them. But usualy they do not have mach liquidity.
|
|
|
|
zoya2019
Jr. Member
Offline
Activity: 57
Merit: 1
|
|
June 27, 2019, 07:59:45 PM |
|
[cut out] the authorities of various goverment autorities tighten the control over cryptocurrencies and mixers also began to check. Anonymity decreases.
Anonymous cryptocurrencies, BTC mixers. To control this, they need a theory, time-tested experience and qualified specialists. All this is not yet in the complex. Various restrictions only slightly limit anonymity. Sometimes authorities close the mixers and take all their documents if there are any. But after one closed mixer two new appear. But general control of cryptocurrencies is increasing. Now there are a lot of decentralize exchanges and it is hard to control them. But usualy they do not have mach liquidity. Regulators try to control exchanges wilth a biq liquidity and big volumes of trade. Small sums of money not interested requlators.
|
|
|
|
cybitmedia
Copper Member
Newbie
Offline
Activity: 185
Merit: 0
|
|
June 27, 2019, 08:02:32 PM |
|
[cut out] the authorities of various goverment autorities tighten the control over cryptocurrencies and mixers also began to check. Anonymity decreases.
Anonymous cryptocurrencies, BTC mixers. To control this, they need a theory, time-tested experience and qualified specialists. All this is not yet in the complex. Various restrictions only slightly limit anonymity. Sometimes authorities close the mixers and take all their documents if there are any. But after one closed mixer two new appear. But general control of cryptocurrencies is increasing. Now there are a lot of decentralize exchanges and it is hard to control them. But usualy they do not have mach liquidity. Regulators try to control exchanges wilth a biq liquidity and big volumes of trade. Small sums of money not interested requlators. Blockhain on many cryptocurrencies is transparent and it is simple to check all transactions. There are special programs that check the origin of transactions.
|
|
|
|
Enyanha
Member
Offline
Activity: 286
Merit: 10
|
|
June 28, 2019, 07:27:59 PM |
|
________________________________________________ KYC is necessary for the state authorities to monitor the incomes of traders, for this person regulation is necessary.
You write the same thing again. Everything is clear with government agencies. But private startups demanded KYC as an investor or bounty hunter from me. I do not know how they can use my data. I do not know whether these companies are registered in any country, and if so, in what capacity. Personal, data collection by private companies is hardly an element of government regulation. The problem is that exchanges and ICOs often hack and steal not only money of traders but also traders ' data and nobody knows how hackers will use this data. Therefore, many traders are against anonymity.
|
|
|
|
BitMaximum
Copper Member
Newbie
Offline
Activity: 322
Merit: 0
|
|
June 28, 2019, 07:54:40 PM |
|
[cut out] the authorities of various goverment autorities tighten the control over cryptocurrencies and mixers also began to check. Anonymity decreases.
Anonymous cryptocurrencies, BTC mixers. To control this, they need a theory, time-tested experience and qualified specialists. All this is not yet in the complex. Various restrictions only slightly limit anonymity. Sometimes authorities close the mixers and take all their documents if there are any. But after one closed mixer two new appear. But general control of cryptocurrencies is increasing. Now there are a lot of decentralize exchanges and it is hard to control them. But usualy they do not have mach liquidity. Regulators try to control exchanges wilth a biq liquidity and big volumes of trade. Small sums of money not interested requlators. Soon it will be now anonymity at all. KYC procedures are excellent opportunity for exchanges to freeze the accounts of traders and not to pay them money under legitimate pretenses.
|
|
|
|
zoya2019
Jr. Member
Offline
Activity: 57
Merit: 1
|
|
June 28, 2019, 08:06:06 PM |
|
Unfortunately, there is a lot of speculation in the cryptocurrency market. This is due to the fact that project tokens are not backed up anything and large amounts of tokens are concentrated in the hands of large investors.
|
|
|
|
Alexxo
Member
Offline
Activity: 309
Merit: 10
|
|
June 28, 2019, 08:12:27 PM |
|
Sometimes it is very difficult to stick to the roadmap, as not everything depends on the developers, for example, market conditions.
I think the market conditions are now very favorable. I think that now market conditions are very good. It is a good time for development and token sale. The popularity of cryptocurrency and blockchain is growing and a very high now. Cryptocurrency market is growing but market is very unstable, after big grows there is fall of the market. So yesterday Bitcoin raised, now it falls. In the overall perspective, the cryptocurrency market continues to grow. This is especially evident when you consider that at the beginning of 2019, the price of Bitcoin was only $ 4000.
|
|
|
|
Dorvei
|
|
June 28, 2019, 08:22:28 PM |
|
Now cryptocurrencies are actively growing. Along with the growth of cryptocurrencies, their popularity is growing and more ICO and IEO are held.
|
|
|
|
BitMaximum
Copper Member
Newbie
Offline
Activity: 322
Merit: 0
|
|
June 29, 2019, 05:22:30 PM |
|
But general control of cryptocurrencies is increasing. Now there are a lot of decentralize exchanges and it is hard to control them. But usualy they do not have mach liquidity.
When many users realize the benefits of DEX, liquidity will increase there. Most people associated with cryptocurrency do not want to explore various possibilities, all they need is quick easy money. Of course, in this case it is easier to control people and collect information about them. I am waiting when the liquidity of DEX will increase and many people will start to use them. Because I am for anonimity. And DEX are more secure.
|
|
|
|
Alexxo
Member
Offline
Activity: 309
Merit: 10
|
|
June 29, 2019, 05:33:48 PM |
|
DEX platforms are slow, they do not have enough users, they have little advertising and no necessary trading tools.
|
|
|
|
zoya2019
Jr. Member
Offline
Activity: 57
Merit: 1
|
|
June 29, 2019, 05:50:09 PM |
|
DEX platforms are slow, they do not have enough users, they have little advertising and no necessary trading tools.
Now KYC procedures are becoming mandatory on many exchanges, but often traders do not know how their personal data will be used on exchanges.
|
|
|
|
EthereumNova
Newbie
Offline
Activity: 39
Merit: 0
|
|
June 29, 2019, 05:58:29 PM |
|
DEX platforms are slow, they do not have enough users, they have little advertising and no necessary trading tools.
Now KYC procedures are becoming mandatory on many exchanges, but often traders do not know how their personal data will be used on exchanges. The tighter will be the control of centralized exchanges by the goverment authorities, the more traders will go to trading on decentralized exchanges.
|
|
|
|
|