Quote from: hase0278 on June 06, 2017, 07:42:13 AM

Quote from: musicmate on June 06, 2017, 02:48:14 AM

I think you misunderstood the Australian ATO publication .. Australia is not accepting BTC as a currency, it's simply doing away with the double taxation on transactions with all & any Alt coins. When i can pay my Government duties in BTC or Alt coins, is the day it will become a currency.. long way off before that happens.

Still it would boost price either way because with the double taxation on transactions using cruptocurrency gonr, many more users from that country might use bitcoin. You are right though in saying it would take a long time before Australia accepts BTC as a currency but the main point of OP here is that price would increase to 3,500 $ in 60 days so let it slide and just wait and see whether OP's prediction will happen or not.

I don't think Australia's tax change on BTC will do anything to the price of BTC , simply because we in Aus do not have big BTC infrastructure. However, it may open a few doors up with retail sector slowly opening up to the idea of excepting BTC as a form of payment.

Anyway, i think SigWit will more an impact on BTC then anything else i'm hearing.