You'd need a pretty massive shift in government regulations to force bitcoin down that low. Its possible. But if there is money to be made I doubt they'll do it.
Half way left to 2200:) but Is it a good point to buy?
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Re: Do you believe that Bitcoin will be $2200 near future?
I don't think that BTC's value would be that low. After a couple of weeks since the ICO ban in China the price of BTC from $4950.72 went down to $4319.72 in just a couple of days and went up again up to $4626.72. I think with the value of BTC getting low these past few days is due to the fact that the major players are adjusting to the ICO ban. Furthermore, the value will soon rise again after the market had already cope up with the changes. HODL!
China could proceed with "bad" news. In this case, we could see short panic on the market, because a lot of traders hold bitcoins from highs -5000
There is another big step towards market regulation. Canada following US and Singapore claims that any coin during ICO/ITO to be security. Staff Notice 46-307 issued by Canadian Securities Administrators reveals that many of the digital tokens investigated by regulators in Canada fall under the definition of a security, thereby triggering a range of legal requirements.
This means that Canada closed their boarders to almost all ICO campaigns. Will it affect behavior of Canadian cryptoenthusiasts? (Opinion of Canadian and US residents are highly appreciated).
What country is next to regulate ICO?
As a canadian, I don't personally feel threatened by this. Governments will always try and stick their noses into things they do not or cannot fully understand. I think the big thing that would be affected by it if it does ever pass into law, would be the exchanges that host the ICO/IPO's. Look at New York and how the laws passed by them on cryptocurrency (Bitlicense I believe it's called) have affected the exchanges and the users within New york. Some have gone as far as IP blocking NYC citizens from using their exchanges, or a warning page agreeing that you are not living in the state.
Naturally this doesn't really affect them too much, VPN's and other loopholes/means to access and use the platforms exist, but I think the point is that world governments are starting to notice us, and if they are starting to place regulations around buying and selling, ICO's/IPO's, etc., then imagine another 5 years down the road. I think for now, there is not much to worry about, but in time we could face real problems. Governments everywhere have a tendency to get their greasy fingers into stuff they shouldn't...
Mistercoin--
Are there any precedents of punishment in Canada for breaking laws on crypto market?
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Re: Do you believe that Bitcoin will be $2200 near future?
per my personal discussions with different people - there are much more buyers than sellers
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Re: Do you believe that Bitcoin will be $2200 near future?
by
Jian Yang
on 13/09/2017, 19:10:07 UTC
It is seems to be everything about belief
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Do you believe that BITCOIN will be $2200 near future?
by
Jian Yang
on 13/09/2017, 11:55:35 UTC
BTCDo you believe that Bitcoin will be $2200 near future?
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BoardPolitics & Society
Re: The world without leaders?
by
Jian Yang
on 07/09/2017, 11:23:46 UTC
It could be kind of Anarchy, which could lead a chaos. Group of people requires having a leader who inspires them for actions for the bright future.
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Re: CANADA to regulate ICO. RUSSIA is next?
by
Jian Yang
on 04/09/2017, 20:17:36 UTC
CHINA news: Bitcoin is still legal in China. But ICO is illegal now!
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Re: ICOs are they successful or scam?
by
Jian Yang
on 01/09/2017, 16:30:59 UTC
For me, it is almost impossible to define what ICO is the scam. There is always a risk of bankruptcy. But good research could give you at least X2 at the exit.
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Re: Free Poloniex Auto Trading Bot
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Jian Yang
on 01/09/2017, 16:18:53 UTC
Thanks for sharing . Will try it.
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BoardPolitics & Society
Re: Do you have a gun?
by
Jian Yang
on 31/08/2017, 20:21:38 UTC
I don't have any gun, in our country we require to register it at agency of the government.
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BoardMeta
Re: The growth of Bitcointalk forum
by
Jian Yang
on 31/08/2017, 20:06:46 UTC
Don`t know. But would like to see some figures as well
ICOs as such should be regulated. ICO is not a decentralised currency. They are issued by a real physical company/institution and should comply to the law of nation it belongs to.
If so, don`t you think we get the same limitations as with IPO? ICO doesn`t have borders, therefore for ICO should be a consensus among many countries in order to keep the progress and protect unqualified investors.
China is next. I'm curious about the outcome, because China's market of ICOs is very big and promising.
Yes, China's market is huge! I can't wait when the Chinese starting to use crypto as way of creating the ICOs is the norm. Then I would see the Chinese government would step in.
I think, EU will be faster in accepting cryptocurrencies regulations than China.