Author Topic: Global concerns on cryptocurrencies (Read 1009 times)

uzair · « **on:** August 29, 2018, 10:56:40 AM »

I guess all of you have also been following the latest news and development regarding cryptocurrencies. After this week bloodbath, some officials call on discussing cryptocurrencies during the next G20 meeting (ex. Germany, USA, the IMF...). Even though cryptocurrencies have become a global phenomenon, each country (the public institutions at least) has a different stance about it, from positive (ex. Switzerland, Sweden...), cautious to negative and banning it (ex. China, some countries in South America...). Since cryptocurrencies issues are touching subjects like regulation and taxes, these being specific to each country (each country competing to attract investors and money), the question is whether something will come out from global official talks and how it will affect the market.

What is your opinion about it?

Altcoins Talks - Cryptocurrency Forum · « **on:** August 29, 2018, 10:56:40 AM »

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Speaker · « **Reply #1 on:** August 29, 2018, 11:56:48 AM »

Global official negotiations can shed light on the future of cryptocurrencies.It all depends on how serious they will be this topic.If the leaders come to an agreement and positive regulation-it will have a positive impact on the course.But can after all and will not agree.

alltalk · « **Reply #2 on:** August 29, 2018, 05:09:19 PM »

By discussing cryptocurrency, I hope for many countries can be aware of positive sides of cryptocurrency, not only investigating the bad issues. Pros and Cons are unavoidable, but at least cryptocurrency won't be banned globally. Crypto will continue to develop since any countries accept it.

ComeBack · « **Reply #3 on:** August 29, 2018, 05:31:32 PM »

For me as of now we really need be aware what's happening on bitcoin or other cryptocurrencies. I really want also that bitcoin will going to have a good price again even there's some issues that need to resolve.

inewoods · « **Reply #4 on:** August 29, 2018, 05:39:11 PM »

Definitely all these government interventions if it is positive will bring up the price of cryptos coins and if negative will make the crypto prices to drop. However we should not be so afraid as we must believe what crypto can do in the time to come. Government interventions is not a permanent thing to crypto.

boyplastic69 · « **Reply #5 on:** August 30, 2018, 01:59:45 AM »

In my opinion, those countries that ban cryptocurrency wanted cryptos to be regulated such that they can earn profit through imposing tax. Other countries do not adopt cryptocurrency since market is very volatile and unpredictable. Other countries support cryptocurrency since they are seeing more advantages to the people in general.

I-Bit · « **Reply #6 on:** August 30, 2018, 02:15:09 AM »

I just hope for a positive impact from the cryptocurrency discussion on the next G20 meeting. We all know that there are some countries friendly with cryptocurrency and support it very well so far. I am sure they will struggle and take care for the future of cryptocurrency.

Altcoins Talks - Cryptocurrency Forum · « **Reply #6 on:** August 30, 2018, 02:15:09 AM »

gotbounty · « **Reply #7 on:** August 30, 2018, 09:36:22 AM »

Most likely countries that want to legalize crypto will charge taxes on every transaction, so that crypto keeps going, maybe like that. There are also other speculations that prohibit Crypto in his country for fear of reduced tax revenues and reduced electricity in a country as well. This is just my opinion, maybe I can make another opinion?