zoya2019
Jr. Member
 Offline
Activity: 57
Merit: 1
|
 |
July 08, 2019, 09:09:49 PM |
|
State control strengthened strongly in 2018 after the growth of cryptocurrencies in 2017, which in turn caused a prolonged fall of the prices of cryptocurrencies in 2018.
How exactly was state control strengthened in 2018? For example, tracking the origin of transaction on exchange. Exchange can block the illegal transactions. Now in the forums there are a lot of posts of the users that their accounts were blocked by exchanges because of violations of AML. Very often the traders but themselves do not know that they violate the laws because they do not know the origin of their transactions. |
|
|
|
|
|
|
|
|
|
|
|
Whoever mines the block which ends up containing your transaction will get its fee.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
Alexxo
Member
Offline
Activity: 309
Merit: 10
|
|
July 08, 2019, 09:12:24 PM |
|
...............
May be you spend not so much money like bank transfer to exchange crypto to fiat but in all cases it costs a lot. Crypto transactions become cheap, but exchange crypto to fiat is expensive.
The main problem is connect crypto to fiat and make an exchange of crypto to fiat more simple and cheap is still a problem. To connect crypto to fiat legally it is necessary to have a bank licenses but it is very hard to get such kind of licenses. But if crypto startup gets such licenses the exchange crytpo to fiat becomes very expensive  BTC A private user can find an exchange on the illegal market. We ignore the risk of losing exchange money. There you can exchange cryptocurrency for 5% fee. This is not bad with poor infrastructure. I think there is a very big risk to lost money on illegal market. That is why crytpocurrency have so bad reputation. |
|
|
|
|
upline
|
|
July 09, 2019, 06:07:51 AM |
|
State control strengthened strongly in 2018 after the growth of cryptocurrencies in 2017, which in turn caused a prolonged fall of the prices of cryptocurrencies in 2018.
How exactly was state control strengthened in 2018? For example, tracking the origin of transaction on exchange. Exchange can block the illegal transactions. What does this have to do with state control? |
|
|
|
Alexxo
Member
Offline
Activity: 309
Merit: 10
|
|
July 09, 2019, 06:11:09 PM |
|
State control strengthened strongly in 2018 after the growth of cryptocurrencies in 2017, which in turn caused a prolonged fall of the prices of cryptocurrencies in 2018.
How exactly was state control strengthened in 2018? For example, tracking the origin of transaction on exchange. Exchange can block the illegal transactions. What does this have to do with state control? State regulators control the exchanges, exchanges control the origin of transactions of traders. It regulators would not control the exchanges, it would be no reasons for exchanges to control traders. |
|
|
|
cryptomia62
Jr. Member
Offline
Activity: 86
Merit: 1
|
|
July 09, 2019, 06:35:31 PM |
|
If you are casual enough, the enterprising hucksters can take advantage of this. It is obvious that such exchanges should be carried out through trusted people with a good reputation.
Very often people do not know the origin of transactions that come to them. But I think that sometimes exchanges freeze the money of users without any reasons. |
|
|
|
|
BitMaximum
Copper Member
Newbie
Offline
Activity: 322
Merit: 0
|
|
July 09, 2019, 06:58:03 PM |
|
If you are casual enough, the enterprising hucksters can take advantage of this. It is obvious that such exchanges should be carried out through trusted people with a good reputation.
Very often people do not know the origin of transactions that come to them. But I think that sometimes exchanges freeze the money of users without any reasons. Especially exchanges like to freeze accounts of traders where there are a lot of money  And the reason is violation AML. |
|
|
|
cryptozoya
Jr. Member
Offline
Activity: 78
Merit: 1
|
|
July 09, 2019, 07:07:45 PM |
|
If you are casual enough, the enterprising hucksters can take advantage of this. It is obvious that such exchanges should be carried out through trusted people with a good reputation.
Very often people do not know the origin of transactions that come to them. But I think that sometimes exchanges freeze the money of users without any reasons. Especially exchanges like to freeze accounts of traders where there are a lot of money And the reason is violation AML. That is why trading on exchanges are so risky. Exchanges can freeze the money of traders, hackers can hack the exchanges. |
|
|
|
|
vera152515
Jr. Member
Offline
Activity: 68
Merit: 1
|
|
July 09, 2019, 07:20:26 PM |
|
If you are casual enough, the enterprising hucksters can take advantage of this. It is obvious that such exchanges should be carried out through trusted people with a good reputation.
Very often people do not know the origin of transactions that come to them. But I think that sometimes exchanges freeze the money of users without any reasons. Especially exchanges like to freeze accounts of traders where there are a lot of money And the reason is violation AML. That is why trading on exchanges are so risky. Exchanges can freeze the money of traders, hackers can hack the exchanges. From one side cryptocurrency is very popular and gives opportunity to earn a lot of money, from another side it is very risky too. |
|
|
|
|
Enyanha
Member
Offline
Activity: 286
Merit: 10
|
|
July 09, 2019, 07:29:09 PM |
|
If you are casual enough, the enterprising hucksters can take advantage of this. It is obvious that such exchanges should be carried out through trusted people with a good reputation.
Very often people do not know the origin of transactions that come to them. But I think that sometimes exchanges freeze the money of users without any reasons. Especially exchanges like to freeze accounts of traders where there are a lot of money And the reason is violation AML. That is why trading on exchanges are so risky. Exchanges can freeze the money of traders, hackers can hack the exchanges. From one side cryptocurrency is very popular and gives opportunity to earn a lot of money, from another side it is very risky too. There are a lot of traders on the exhanges and the every day volumes of trade are very big. For traders profit is more important then risk. |
|
|
|
BitMaximum
Copper Member
Newbie
Offline
Activity: 322
Merit: 0
|
|
July 10, 2019, 07:33:23 PM |
|
Anonymous coins are not such popular like Bitcoin and not many shops accept anonymous coins. That is why mixers becomes more popular.
I would say that there are supporters of the use of anonymous coins, and there are those who prefer bitcoin mixers. In any case, when making a purchase with delivery, the buyer deanonimizes himself. There are supporters of anonymous coins and they are used for special reasons. For example, Monero is used for casino and for games but Monero is not used everywhere. |
|
|
|
cryptozoya
Jr. Member
Offline
Activity: 78
Merit: 1
|
|
July 10, 2019, 07:39:48 PM |
|
Anonymous coins are not such popular like Bitcoin and not many shops accept anonymous coins. That is why mixers becomes more popular.
I would say that there are supporters of the use of anonymous coins, and there are those who prefer bitcoin mixers. In any case, when making a purchase with delivery, the buyer deanonimizes himself. There are supporters of anonymous coins and they are used for special reasons. For example, Monero is used for casino and for games but Monero is not used everywhere. Many exchanges prohibited the listing of anonymous coins because it is impossible to check the transactions. |
|
|
|
|
cryptomia62
Jr. Member
Offline
Activity: 86
Merit: 1
|
|
July 10, 2019, 07:45:01 PM |
|
Anonymous coins are not such popular like Bitcoin and not many shops accept anonymous coins. That is why mixers becomes more popular.
I would say that there are supporters of the use of anonymous coins, and there are those who prefer bitcoin mixers. In any case, when making a purchase with delivery, the buyer deanonimizes himself. Anonymous coins are often used in Darknet and for illegal transactions that is why they have so bad reputation. |
|
|
|
|
vera152515
Jr. Member
Offline
Activity: 68
Merit: 1
|
|
July 10, 2019, 07:55:43 PM |
|
Anonymous coins are not such popular like Bitcoin and not many shops accept anonymous coins. That is why mixers becomes more popular.
I would say that there are supporters of the use of anonymous coins, and there are those who prefer bitcoin mixers. In any case, when making a purchase with delivery, the buyer deanonimizes himself. Anonymous coins are often used in Darknet and for illegal transactions that is why they have so bad reputation. The poor reputation of anonymous coins prevents their widespread distribution. In addition, a fairly long waiting time for conformation of transactions is also not conducive to their widespread use. |
|
|
|
|
|
Dorvei
|
|
July 10, 2019, 08:01:17 PM |
|
Anonymous coins are not such popular like Bitcoin and not many shops accept anonymous coins. That is why mixers becomes more popular.
I would say that there are supporters of the use of anonymous coins, and there are those who prefer bitcoin mixers. In any case, when making a purchase with delivery, the buyer deanonimizes himself. Anonymous coins are often used in Darknet and for illegal transactions that is why they have so bad reputation. The poor reputation of anonymous coins prevents their widespread distribution. In addition, a fairly long waiting time for conformation of transactions is also not conducive to their widespread use. Soon it will be no anonymity at all or the services of the mixers becomes more popular. The more tighten will be a control more popular will be mixers. |
|
|
|
|
|
Dorvei
|
|
July 11, 2019, 08:02:13 PM |
|
[]
Now Bitcoin is used much more active than other cryptocurrencies. That is why Bitcoin mixers are so popular.
Yes, altcoins are falling, the dominance of bitcoin is growing. In such conditions, mixers can be more in demand than anonymous coins. Now the dominance of Bitcoin is 65% and its is growing. It mean that now investors prefer to invest in Bitcoin and to use Bitcoin. |
|
|
|
|
cryptomia62
Jr. Member
Offline
Activity: 86
Merit: 1
|
|
July 11, 2019, 08:11:49 PM |
|
[]
Now Bitcoin is used much more active than other cryptocurrencies. That is why Bitcoin mixers are so popular.
Yes, altcoins are falling, the dominance of bitcoin is growing. In such conditions, mixers can be more in demand than anonymous coins. Now the dominance of Bitcoin is 65% and its is growing. It mean that now investors prefer to invest in Bitcoin and to use Bitcoin. Investors start to understand that project must be useful and tokens must be in demand. Bitcoin has the most develop ecosystem. |
|
|
|
|
cryptozoya
Jr. Member
Offline
Activity: 78
Merit: 1
|
|
July 11, 2019, 08:19:12 PM |
|
[]
Now Bitcoin is used much more active than other cryptocurrencies. That is why Bitcoin mixers are so popular.
Yes, altcoins are falling, the dominance of bitcoin is growing. In such conditions, mixers can be more in demand than anonymous coins. Now the dominance of Bitcoin is 65% and its is growing. It mean that now investors prefer to invest in Bitcoin and to use Bitcoin. Investors start to understand that project must be useful and tokens must be in demand. Bitcoin has the most develop ecosystem. Bitcoin appeared in 2009. It is the first crytpocurrency and it has a very big community and demand. Many investors prefer to keep money in Bitcoin. |
|
|
|
|
cybitmedia
Copper Member
Newbie
Offline
Activity: 185
Merit: 0
|
|
July 11, 2019, 08:21:51 PM |
|
[]
Now Bitcoin is used much more active than other cryptocurrencies. That is why Bitcoin mixers are so popular.
Yes, altcoins are falling, the dominance of bitcoin is growing. In such conditions, mixers can be more in demand than anonymous coins. Now the dominance of Bitcoin is 65% and its is growing. It mean that now investors prefer to invest in Bitcoin and to use Bitcoin. Investors start to understand that project must be useful and tokens must be in demand. Bitcoin has the most develop ecosystem. Now the competition is cryptocurrency startups is very big. There are a lot of IEO. But the listing on IEO does not guarantee that the price of the tokens will grow. |
|
|
|
|
CoffeOfficial
Copper Member
Newbie
Offline
Activity: 187
Merit: 0
|
|
July 11, 2019, 08:29:46 PM |
|
[]
Now Bitcoin is used much more active than other cryptocurrencies. That is why Bitcoin mixers are so popular.
Yes, altcoins are falling, the dominance of bitcoin is growing. In such conditions, mixers can be more in demand than anonymous coins. Now the dominance of Bitcoin is 65% and its is growing. It mean that now investors prefer to invest in Bitcoin and to use Bitcoin. Investors start to understand that project must be useful and tokens must be in demand. Bitcoin has the most develop ecosystem. Now the competition is cryptocurrency startups is very big. There are a lot of IEO. But the listing on IEO does not guarantee that the price of the tokens will grow. If project does not have a useful product and develop ecosystem listing of tokens on exchanges gives nothing. The price of the tokens will fall. |
|
|
|
CoffeOfficial
Copper Member
Newbie
Offline
Activity: 187
Merit: 0
|
|
July 12, 2019, 08:06:03 PM |
|
I think there is a very big risk to lost money on illegal market. That is why crytpocurrency have so bad reputation.
Once again: we ignore the risk of losing money when exchanging. In my experience, this risk is very big risk
, no - small. Of course, if you act carefully. People are frivolous and inattentive at first, and then blame the circumstances that they themselves have created. Cryptocurrency market is not secure. Hackers continuer to hack the exchanges. Today exchange Bitpoint was hacked and people lost $32 mln. |
|
|
|
|
