World Of Crypto Has Changed in Last 6 Years.

[BD Technical]

The current situation has become such and the world has become such that buying a grain of grain or a small thing is running the country in this way because actually.  I don't understand what the government actually wants because the current situation if the government continues to do this, it will turn people into fakirs by putting their stomachs on everything.  However, they don't take the bat as much as the situation is favorable or as much as it gives because the benefits are fairly good in that case but it is unreasonable to impose VAT on everything.
 If you notice how low the house cost when selling in Crypto currency  now if you want to sell in a dog and bus, you see the fee is high. Right now his network house is not many people want to invest because of this bat for bat.  There is so much pressure on it that it is slowly disappearing through the bat.  If not sleep the rest because if this continues then the future will see the price demand for this VAT will decrease.

[Natalim]

just figure i share thoughts on crypto world, it sure has changed in last 6 years, where it used to be the free market and we could do as we please, with trades, buying and selling crypto
   
now its so different now

as the governments in the world have gotten involved and trying to make it harder in crypto
as in if you need to trade out to fiat ,

u have to pay taxes and lots of it
Governments are cracking down on exchanges and regulations etc.




in one way it does prove crypto has value and here to stay
There is more adoption going on. Slowly but it is happening,.


Do you think all this will make people to drop out of crypto and leave it to the people who have high wealth only?

Or will the average person still stay in the markets?

but its too bad that the powers that be are making it difficult





ur thoughts?



Bitcoin is meant for anonymity but the government never allowed it due to fraud and illegal activity which it blamed on Bitcoin.
Well, it is too bad to think but this is been accepted in the fact that it also gives us security and lessens fraud activities. But it doesn't mean it stops from adoption and besides, we don't need instant adoption instead, we want people to think about it more time and to understand carefully how it works.
Rich, poor, or average Joe - we can't expect them to stay strong and keep on investing because some of them will quit and leave. But new investors come in exchange for those who leave, it is a normal situation.

[Gaza13]

Yes, crypto has come a long way, Yes, the government sees the potential for crypto which is very rapid from year to year, I don't think it's difficult because there is friction in converting to fiat. That's why the government is firm about taking this, that's why taxes are implemented. I think Bitcoin is fair, not only for rich people but for all walks of life. For now of course we will survive, there is no need to leave, if we are aiming for price there is no harm in selling it, of course we are looking for a profit there.

[moneystery]

the regulations carried out by the government actually do not limit traders from being able to trade crypto, because the government's aim is to regulate for the security of the crypto world itself and traders. even though crypto trading is restricted in some countries, this does not stop the crypto world from developing and prevent traders from trading crypto. indeed, identity verification is annoying, but it is for the common good, and users are still free to choose a p2p exchange platform that is free of kyc. so if you say that the crypto world has changed, it's true, but not significantly.

[Don Pedro Dinero]

now its so different now

as the governments in the world have gotten involved and trying to make it harder in crypto
as in if you need to trade out to fiat ,

u have to pay taxes and lots of it

Wrong. The obligation has always existed. If you buy something for one price and sell it for a higher one, the government will potentially want to charge you fees for it, it is another thing if there were no explicit regulations about it, but what has happened is normal. This sector has matured, more and more money is moving through it and consequently it has become more and more regulated and taxed.

[yazher]

It may be necessary to start thinking about using Bitcoin only as a means of conducting transactions and preserving wealth instead of  trade out to fiat.
It is true that the procedures have become more stringent, but you can still do P2P trading, buying and selling products with Bitcoin.

That's how it should be and because bitcoins have become secured and have some more value than before, this is the time to convert our assets slowly to bitcoins without exaggerating. There will come a time when having bitcoins in your wallet is way better than having real state assets where the price drops significantly in some parts of the world also when the time comes when you need to migrate somewhere in an emergency, you won't find yourself in a panic because you can just easily walk without letting the others know that you have a huge amount of bitcoins in your crypto wallet.

[m2017]

just figure i share thoughts on crypto world, it sure has changed in last 6 years, where it used to be the free market and we could do as we please, with trades, buying and selling crypto

Cryptoindustry has undergone changes and it was inevitable. This is the course of natural things. There used to be a free world of the wild west with its pros and cons. Do you remember how many scam projects there were and how many unsuccessful investors lost because of this? Sometimes freedom is tantamount to permissiveness, the consequences of which are unpleasant.

now its so different now

as the governments in the world have gotten involved and trying to make it harder in crypto
as in if you need to trade out to fiat ,

It was only a matter of time before regulators appeared in the industry and they want to control everything, just like in any other areas of activity. In part, they are powerless in the world of cryptocurrencies until you start moving your assets into the real (traditional) financial sector.

u have to pay taxes and lots of it
Governments are cracking down on exchanges and regulations etc.




in one way it does prove crypto has value and here to stay
There is more adoption going on. Slowly but it is happening,.


Taxes and KYC will become new components in the cryptosphere.

Regulation means recognition and acceptance by governments, which means that currencies will not disappear.

Do you think all this will make people to drop out of crypto and leave it to the people who have high wealth only?

I would say that, for example, bitcoin (whole) will become a privilege not only of the rich, but perhaps only of corporations.

Or will the average person still stay in the markets?

but its too bad that the powers that be are making it difficult





ur thoughts?



The share of the average person will be insignificant (ownership of satoshi, not whole bitcoin).

[GbitG]

just figure i share thoughts on crypto world, it sure has changed in last 6 years, where it used to be the free market and we could do as we please, with trades, buying and selling crypto
   
now its so different now

as the governments in the world have gotten involved and trying to make it harder in crypto
as in if you need to trade out to fiat ,

u have to pay taxes and lots of it
Governments are cracking down on exchanges and regulations etc.




in one way it does prove crypto has value and here to stay
There is more adoption going on. Slowly but it is happening,.


Do you think all this will make people to drop out of crypto and leave it to the people who have high wealth only?

Or will the average person still stay in the markets?

but its too bad that the powers that be are making it difficult





ur thoughts?



It's a symbol of growth! Whenever the common people have done something extraordinary, governments always came sniffing in to get their cut. That's exactly happening in the crypto world as well. Initially no government had thought that crypto can indeed become so valuable. But when they did, governments around the world, are now trying to get their cut from our income. That's always happens!

Yep, exactly that's the fact!

I mean, whenever people do something big, like flourishing, So the Government always hinders this budding. They can't do anything by themselves. If you look at the truth, it is a little thought-provoking that, till now no government has taken any flourishing stance by itself. Every flourishing is done by a layman, but these people copy the idea and extend it further. Trying to do it from a technological point of view. So the same example is fitted here in crypto: till date no government has created such a technology in which all people are peer-to-peer network connected in a decentralized world. But these people understand taxes and regulations very well.
 
So it means to say that you are absolutely right, it is the symbol of growth, Satoshi is the person who has served humanity so much. All credit goes to him. While the government is ready to call Satoshi accused due to fiat terminology...

[oktana]

The whole thing with the government is happening through centralized exchanges. The regulations are all happening there. For instance if you login to some of these CEX from certain countries like the US, you’ll realize that they may have a special site based on government policies and stuff. But this isn’t the case with DEX because you don’t provide all those details about who you really are to trade there. 

[famososMuertos]

You mention that before you could do whatever you want, and now you can't, well I think you have the wrong idea, nothing has changed, if you used bitcoin to avoid responsibility in the past, it makes no difference today, in some countries, they have improved dome laws to make them more effective.

You have to take with a grain of salt that phrase "crypto world has changed," that is, it really has changed,!?, sometimes it's just personal perception, based on your own experiences.

[rodskee]

Do you think all this will make people to drop out of crypto and leave it to the people who have high wealth only?

No. It is the sign that more money is going in to crypto and those that are existing here won't think about getting out anytime soon. We're not yet on the peak of the bull run and that's why people won't be thinking of dropping out anytime soon. Many are going to leave when we're already on the bear market but as of this time, I don't think that's what on the mind of the most when we're not yet seeing the best of Bitcoin. But it's true that a lot has changed for the last 6 years.

the market shows strong holding meaning you are correct that people here still believes we are
not to dumping any time and with all this happening bitcoin is waiting for the right time making the bull ,
also considering that so much transaction fees now this is why most of us has no guts and power to
withdraw their funds because if they do? the profit that supposed to be for them will only go to the
Miners 

[michellee]

Yes, now the situation is different with the involvement of the government, which is trying to study crypto so it can collect taxes on it. We cannot deny that even though no government controls crypto, we live in a country. Each country's government wants to collect additional income as taxes to improve its economy.

It seems like people already understand that even though the government is involved, namely taxes, people still use crypto. People who already understand will not see it as a problem because they are just trying to follow the regulations made by the government. Even though there are regulations from the government, as long as people can still use crypto, they will continue to use it.

It won't drive people out of crypto. They will stay in crypto because they see the potential profits they can make. Taxes are something they have to give to the state, while the profits they get can still be as large as before. Like it or not, we have to accept regulations from the government.

[Oasisman]

just figure i share thoughts on crypto world, it sure has changed in last 6 years, where it used to be the free market and we could do as we please, with trades, buying and selling crypto
   
now its so different now

as the governments in the world have gotten involved and trying to make it harder in crypto
as in if you need to trade out to fiat ,

u have to pay taxes and lots of it
Governments are cracking down on exchanges and regulations etc.




in one way it does prove crypto has value and here to stay
There is more adoption going on. Slowly but it is happening,.


Do you think all this will make people to drop out of crypto and leave it to the people who have high wealth only?

Or will the average person still stay in the markets?

but its too bad that the powers that be are making it difficult





ur thoughts?



The fact that the government have made enough effort to try and control the money that comes in and out from crypto or at least regulate it, means bitcoin imposed a threat towards traditional banking and the fiat itself. The borderless transactions bitcoin offers eliminates the use of the 3rd party payment processors posses another threat to a lot of payment processing facilities and that all goes down to affect the government and the economy. 
So, that depends on how the people understands bitcoin, but most wealthy people are taking this opportunity to get even more wealthier and that's what separates them from the average people. 
It's not really difficult for someone to engage in crypto despite of the regulations and crypto banning if one is techy enough to by-pass these restrictions.

[arjunmujay]

Yes, now the situation is different with the involvement of the government, which is trying to study crypto so it can collect taxes on it. We cannot deny that even though no government controls crypto, we live in a country. Each country's government wants to collect additional income as taxes to improve its economy.

It seems like people already understand that even though the government is involved, namely taxes, people still use crypto. People who already understand will not see it as a problem because they are just trying to follow the regulations made by the government. Even though there are regulations from the government, as long as people can still use crypto, they will continue to use it.

It won't drive people out of crypto. They will stay in crypto because they see the potential profits they can make. Taxes are something they have to give to the state, while the profits they get can still be as large as before. Like it or not, we have to accept regulations from the government.

If we look at it from the profit aspect, we will indeed feel that our profits will be slightly reduced due to taxes from a country on crypto transactions. But if you look beyond that, the legality of crypto is getting wider and one day it will even be recognized by all countries. When that happens, it is not impossible that many new investors will enter the crypto market, especially Bitcoin, whose output can increase confidence and the price of Bitcoin itself. Not to mention, the supply of Bitcoin circulating on the market is decreasing because there is a halving event every 4 years.

[peter0425]

just figure i share thoughts on crypto world, it sure has changed in last 6 years, where it used to be the free market and we could do as we please, with trades, buying and selling crypto
   
now its so different now

as the governments in the world have gotten involved and trying to make it harder in crypto
as in if you need to trade out to fiat ,

Well that’s expected seeing as how huge crypto has gotten. It has become so influential that the government took notice and realized just how big of an impact crypto has and can make in our lives.

Do you think all this will make people to drop out of crypto and leave it to the people who have high wealth only?

I think there would be at least a little bit of people who be hesitant to go against the government and their regulations but I don’t think everyone would be so quick to leave crypto alone after it has proved itself to be profitable and useful.

[Darker45]

As far as trading is concerned, what has changed? You can still buy and sell Bitcoin until now. The platforms offering these services have in fact grown in numbers a lot. As far as the market is concerned, it remains free, if free is to mean everybody can enter it.

If we take into consideration the governments' involvement in Bitcoin, I think it has generally improved. Gone are the days when governments would either brush it off as a nuisance technology or condemn it as a criminal's money. Now, Bitcoin is not only recognized as a rising asset in many countries, it is even treated as a legal tender in a few.

There is growing adoption. Governments cracking down on certain exchanges, imposing various tax responsibilities, issuing regulatory policies, and so forth are the prices to pay. That's what mainstream adoption implies.

I don't think people would leave crypto just as it is gaining grounds in the mainstream. They will stay. More will come.

[hatshepsut93]



in one way it does prove crypto has value and here to stay
There is more adoption going on. Slowly but it is happening,.


The fact that government puts more effort into regulating crypto ecosystem means that they believe that a lot of money will be in this sphere in the close future. This isn't the same as it being objectively being true - the government could be wrong just like anyone else can be wrong.

There's still a chance that crypto will turn out to be a bubble similar to tulip bulbs. 10 years is not that long to proclaim that it's here to stay.

[michellee]

If we look at it from the profit aspect, we will indeed feel that our profits will be slightly reduced due to taxes from a country on crypto transactions. But if you look beyond that, the legality of crypto is getting wider and one day it will even be recognized by all countries. When that happens, it is not impossible that many new investors will enter the crypto market, especially Bitcoin, whose output can increase confidence and the price of Bitcoin itself. Not to mention, the supply of Bitcoin circulating on the market is decreasing because there is a halving event every 4 years.

If the profits you withdraw are large, the tax we pay also has limits. I think the tax reduces the profit a little, but we still have a large amount of profit money. We can think of the tax as just an additional cost.

New investors will enter the crypto market, especially now that crypto is more popular. Many people started to realize the existence of crypto, and they started learning and investing in crypto, especially Bitcoin. The possibility of prices rising greatly makes people want to invest in crypto.

That is why crypto is now very different from previous years. Crypto will develop even more in the future because there will be more new projects besides Bitcoin and altcoins. That will make more and more people enter the crypto market.

[arjunmujay]

~SNIP~
That is why crypto is now very different from previous years. Crypto will develop even more in the future because there will be more new projects besides Bitcoin and altcoins. That will make more and more people enter the crypto market.

It's true, as you said, the development of crypto shows very positive things and is different from several years ago. Moreover, since Bitcoin EFT has been approved, more and more investors are entering the crypto world.
In line with this development and legality, it is actually appropriate if there is a tax on the transactions we make in crypto. However, everyone definitely wants low taxes, not as high as the taxes currently in effect.

[SickDayIn]

One of the biggest changes I have noticed in cryptocurrency, particularly Bitcoin, in the past 6 years is the use of big data analysis techniques to "de-anonymise" the owners of wallets and transactions. This has been done by
private companies such as Chainalysis, TRM Labs and Eliptic offering services to law enforcement, government agencies, and cryptocurrency exchanges. If you received coins in exchange for providing services or goods, and deposited on an exchange, and they for some reason believe that the source of your funds comes from a suspicious or malicious entity, they can swiftly freeze your coins and hand them over to authorities.