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Japanese Ministry of Finance is going to prepare rules for cross-border transfers of digital money

The Ministry of Finance of Japan is going to prepare in the near future rules for the foreign transfer of digital money.

According to the report of the newspaper Nihon Keizai on April 5, the Ministry of Finance plans to introduce rules under which notice to the authorities should be strictly mandatory if the cost of transferring money for a foreign transfer is more than 30 million yen.

It is said that the decision of the Ministry of Finance will facilitate the consideration of the real situation with operations abroad and is designed to curb money laundering operations.
Source: Alpari

I think this is good news, with the increasingly stringent rules that will prevent abuse and illegal transactions which many harm many parties. and I think japan fully supports the development of cryptocurrency to grow and grow rapidly.

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Board Economics

Re: How to calculate profit

Smack 1

on 06/06/2018, 14:38:41 UTC

Quote from: SlavicSquats on March 01, 2018, 05:35:12 PM

So lets say I put in $100 dollars. I buy while its at a low of $10,400. The price goes up to $10,400 and I sell. Whata my profit?

look at your buying and selling prices if you buy at $ 10,400 and sell them at the same price you will not get any profit. it looks like you are bad at investing. my advice if you want to get profit in investing you have to buy when the token price at the lowest peak and hold until the token price is higher than the initial price you buy. for example you buy a coin at the price of $ 10k and you sell it at the price of $ 11k you will get profit, from the money you invest.

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Board Economics

Re: bitcoin in developing countries

Smack 1

on 06/06/2018, 14:26:20 UTC

Quote from: Sled on June 06, 2018, 12:54:54 PM

Quote from: Rosilito on June 06, 2018, 12:13:04 PM

Quote from: cutikanzilong on April 27, 2018, 01:16:03 AM

at present, bitcoin is becoming known to people around the world, especially in developing countries. the majority of bitcoin is introduced through news on television and on the internet. Therefore people are starting to want to know what bitcoin is and if it appeals to them, they will invest instead?
Well the government should not be silent on bitcoin, they think bitcoin is disrupting economic stability and there will be inflation in the country.
Do you think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country?

Well, it might somehow since bitcoin is money it would have indirectly affect the financial stuffs of the countries especially the bank companies or what so ever. On the other hand, bitcoin could lessen the amount of poor people in the country since bitcoin could provide a home employment therefore, it could provide own wages since bitcoin is for everyone thus it might end up for the result of decreasing the amount of poor people in the country.

It will be hard for bitcoin to lessen the poor people in a country because if the poor people can't afford an internet and at least a decent computer then it will be impossible for them to work or get into the cryptocurrency world that might become the answer for them to create a path for them to improve their life. So i think that it is still depend on the capability of the people in a country if they can go into bitcoin.

it is very difficult for the poor to understand bitcoin because they need internet and computers. but if the government of the country legalizes bitcoin and makes bitcoin work. this will greatly help the poor to get jobs and create new vacancies for the poor and unemployed in the country.

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Board Economics

Re: Digital Money = Cashless Society

Smack 1

on 06/06/2018, 14:14:10 UTC

although bitcoin prices are never stable but personally I'm sure and believe bitcoin will continue to grow and flourish. as we see now even though the initial launch of bitcoin is worthless, but now the price is already very high. and I'm sure bitcoin prices will continue to soar from year to year to come. Grin

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Board Economics

Re: What will happen to bitcoin?

Smack 1

on 06/06/2018, 14:01:34 UTC

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Board Speculation

Re: Why bitcoin is still dropping ?

Smack 1

on 06/06/2018, 12:59:38 UTC

I think why bitcoin is still down because many people are still panicking and selling their coins on a large scale. this is what causes bitcoin still can not rise. but you who still believe in bitcoin do not have to worry because it will not selamnya market will continue to fall. so you'd better hold your coins and buy some more capital. because when the price of this summit kembail will give you a very unexpected advantage.

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Board Speculation

Re: What causes Bitcoin to drop?

Smack 1

on 06/06/2018, 12:42:53 UTC

which causes bitcoin prices to fall is a issue of negative issues in the news. and lack of supply and demand. this is what causes bitcoin prices to fall. but you do not need to panic because it will be back to stable again.

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Board Speculation

Re: Don't lose your faith in BTC.

Smack 1

on 06/06/2018, 12:30:15 UTC

Quote from: safarabela on June 05, 2018, 01:49:29 PM

Quote from: IsuruMaduranga on April 04, 2018, 10:05:25 PM

Don't lose faith fellows. You will never regreat

is there any possibility to reach all coin price to jan 2018 price

Could bitcoin reach 100.000$ ?

The future is none other than history repeating.

Chart 1

Chart 2

Chart 3

Chart 4

BTC will go upto 100000$ within 5 years.

Update

These are hard times fellows

India closes doors for Crypto Currency

I do not lose confidence in bitcoin, because bitcoin for me is a trusted coin. I hold bitcoin in the long run and I'm sure bitcoin will give good results in the future.

really bit dev, bitcoin is a coin that really gives us an advantage. I invested bitcoin for the long term. as we can see despite the many issues of negaitf challenging bitcoin but he is still able to survive and start to recover.

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Board Speculation

Re: Bitcoin Price December 2018

Smack 1

on 06/06/2018, 12:19:47 UTC

everyone has a different opinion. people who are still precious on bitcoin will always think positively about bitcoin. although at the beginning of the year bitcoin greatly fell but as we see bitcoin still able to survive and start to stabilize again. I am sure at the end of 2018 bitcoin prices up to the moon.