Quote from: Lucacrebbe on February 04, 2018, 06:52:21 AM

What will happen this 6 February if they will decide to regulate ICOs and Cryptocurrencies, taxing them?

IN the dot.come bubble happened the same (it was the far wast the same as ICO today before they regulated them) and the price dropped of 80%

Amazon was being traded at 70$, and then dropped to 11$

And Amazon is comparable to what Bitcoin is now for the crypto world.

Do you think is better to buy-in after the crash at cheaper prices?

P.S. Stay away all people who doesn't know anything about economic, it' s useless to say ''Hodl, Hodl'' if the price will crash of 80% and the market will recover in 8 years.

What is the best move if they will tax cripto?

What will be the post apocaliptic scenario?

I don't know what is wrong with so many people. "Crashing market", "post-apocalyptic", "taxes will kill crypto" and that sort of is completely irrelevant. You think cryptocurrencies gave us anarchic powers to overcome laws and fiat money?

All cryptocurrencies are and will be (at least few more years) directly linked to fiat. You would like to enjoy your crypto earnings? You have to cash out to fiat. I am not counting few e-shops and hipsta-cafés which accept Bitcoin as a payment.

If you cash out to fiat, you HAVE to pay taxes regardless of the source. In many countries, small yearly incomes (<1k USD in my country) are not subject to taxes. Thus, many small traders are absolutely safe.

Large investors who invest larger amounts of money are aware of the laws and to be honest, they don't care about taxes. They pay huge taxes already. They know they have to pay and are comfortable with it. In my country and my bank, any deposit on my account (doesnt matter if local or international) above 20k USD means the bank will call you on phone and ask from whom and for what did you receive that money (already valid anti money laundering law). The payment is also likely to be sent to officials to check.

Maybe we will have to register ourselves with our valid ID and all fiat-in and fiat-out activities will have to be logged. But that is OK, isn't it? Or is any one of you using crypto for illegal activities?

Crypto will be regulated, deal with it. Much worse scenario would be if it would not. Few idiots who use it for illegal stuff could cause crypto to become illegal.