[Daily Discussion] Thursday, March 12, 2020 Bitcoin Markets |
- [Daily Discussion] Thursday, March 12, 2020
- [Altcoin Discussion] Thursday, March 12, 2020
- This aged well
- should people with <1000$ invest into bitcoin, or into Altcoins? Are Altcoins more worth it for those with low amounts of funds?
- Cryptocurrency adoption around the world
[Daily Discussion] Thursday, March 12, 2020 Posted: 11 Mar 2020 09:04 PM PDT Thread topics include, but are not limited to:
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[Altcoin Discussion] Thursday, March 12, 2020 Posted: 11 Mar 2020 09:04 PM PDT Thread topics include, but are not limited to:
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Posted: 12 Mar 2020 05:18 AM PDT |
Posted: 12 Mar 2020 08:43 AM PDT Should They put money into bitoins which has only gone up to 20k max before, if They invest now They have a potential 4x return. However with Altcoins like stratis, eth, and other with low values of 1$ to 100$ it seems like if bitcoin goes to 20k again, aka 4x, something like eth would go to 1k, which is 10x, and something like stratis may go 20x. While bitcoin seems the better market for people with 10K> since it's safer, Altcoins seems like its the better market for people with low funds who want to take a chance to strike big What's your opinion? [link] [comments] |
Cryptocurrency adoption around the world Posted: 12 Mar 2020 08:40 AM PDT It's obvious that people use cryptocurrencies all around the world but let's take a look at the countries which already adopted crypto. GermanyGermany is one of the most open to new technologies countries. Cryptocurrency here is a legal tender. Cryptocurrencies are considered to be equal to fiat money. It is allowed to make a purchase with crypto without taxation. EstoniaEstonian financial regulators determine cryptocurrency as a "value represented in digital form". Cryptocurrencies exchanges can function legally. However, they must be registered and operate under strict governmental control. It is known that Estonia is planning to launch its own cryptocurrency in the future. FranceIn December 2019 Financial Markets Authority of France published new rules regarding the crypto policy. According to these rules cryptocurrency exchanges have an opportunity to get a license in France if they prepare a two-year business plan, a list of digital assets that will be represented on the exchange, a geographic area the service will cover and some other things regarding firm's organization. IndiaIn the beginning of 2020 the world witnessed a supreme change in Indian cryptocurrency policy. Exchanges banned in 2018 now can function again, which promises huge opportunities for the country. ChinaAlthough China is the biggest player in the crypto market, and its government's actions influence the whole industry, this country has a very strict policy. China sees miners as a part of a dark market, thus tends to ban their activity. Nonetheless, China was one of the first countries to announce the launch of sovereign digital currency. Today we can witness attempts of creating cryptocurrency regulations. This means that the crypto industry has a noticeable impact on the global economy. What is the situation in your country? [link] [comments] |
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