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Topic: Bitcoin Worldwide! - page 10. (Read 16696 times)

legendary
Activity: 1218
Merit: 1007
September 29, 2016, 05:54:52 PM
I think it is banned in bangladesh, but not in our India.
Italy government has decided to levy taxes on bitcoin earnings thus making bitcoin legal.
I hope in next 5 years, most countries will accept bitcoin as legal.
By next five years, i hope almost 70 percent of business organisations would accept bitcoin as payment.
Not next 5 years unless something interesting happens and Bitcoin becomes a huge thing. Maybe 10% of companies throughout the world will accept Bitcoin in 5 years, if we're lucky enough to get away with that. A more conservative estimate would be something along the lines of 1-2%.
legendary
Activity: 854
Merit: 1000
September 29, 2016, 05:35:20 PM
I think it is banned in bangladesh, but not in our India.
Italy government has decided to levy taxes on bitcoin earnings thus making bitcoin legal.
I hope in next 5 years, most countries will accept bitcoin as legal.
By next five years, i hope almost 70 percent of business organisations would accept bitcoin as payment.
If that happens, we are going to see huge price hike in bitcoin.
I believe other fast emerging cryptos will also play their role and compliment bitcoin. Hence we may see them getting preferences by some business instead of bitcoin
sr. member
Activity: 389
Merit: 250
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September 29, 2016, 05:20:27 PM
I think it is banned in bangladesh, but not in our India.
Italy government has decided to levy taxes on bitcoin earnings thus making bitcoin legal.
I hope in next 5 years, most countries will accept bitcoin as legal.
By next five years, i hope almost 70 percent of business organisations would accept bitcoin as payment.
yeah it is actually banned in some countries unfortunately and it is really bad because it grows slower
legendary
Activity: 3654
Merit: 1165
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September 29, 2016, 02:01:39 PM
Each country doesnt know yet how to handle bitcoin, and the fiat is being mooved into the crypto world, soo instead they ban or fight, regulate it might be the best option for all, soo all can invest into bitcoin and countries take their fee as usually.
I could get what you mean to say, yet regulating bitcoin no special aspects for bitcoin ecosystem. But definitely there are a lot of benefits for the countries by generating extra income.
But, it is going to be a mandatory action for every country to adopt and regulate Bitcoins either as an currency or as an asset. This is definitely going to happen in each and every country very soon.
hero member
Activity: 938
Merit: 500
September 29, 2016, 01:41:34 PM
Each country doesnt know yet how to handle bitcoin, and the fiat is being mooved into the crypto world, soo instead they ban or fight, regulate it might be the best option for all, soo all can invest into bitcoin and countries take their fee as usually.
newbie
Activity: 39
Merit: 0
September 29, 2016, 01:27:23 PM
Do you know the reason why Russia banned bitcoin?

In 2014  the Russian Prosecutor General’s Office was quoted as saying, "Cyber currencies... including the most well-known, bitcoin, are money substitutes and cannot be used by individuals or legal entities.but in early  months of 2016 they are trying to the people of Russia will be able to buy and use them in other countries.
newbie
Activity: 39
Merit: 0
September 29, 2016, 01:13:58 PM
According to my views about bitcoin because if we see every body using internet and spent their time in FC,TWT,INSTA etc like these sites and they doing just for fun getting no thing beside if they spent that time here may be they get more things .
full member
Activity: 140
Merit: 100
September 29, 2016, 01:00:57 PM
today, bitcoin continues to grow. even in the small countries which only have a low tech Complete infrastructure. I assume that in the decade ahead bitcoin can enter all the countries in the world.

 I agree and I think as of now it actually entered majority of the countries in the globe.  and bitcoin enthusiast are still aggressively promoting bitcoin to get more people to join the economy.  It is just a matter of time for bitcoin to be acknowledge if not accepted by all country even those who banned bitcoin.
Yes lot has happened. More and more are drawn towards bitcoin forum. More are nourishing and cherishing the benefits of bitcoins. Many have adapted it as their online career. More are very passionate in spreading its goodness throghout the world. An educated can keep his or her family wealthy with bitcoin career. Though the price may fluctuate, it has remained to the extend to satisfy every bitcoin user.
legendary
Activity: 1638
Merit: 1046
September 29, 2016, 12:59:04 PM
today, bitcoin continues to grow. even in the small countries which only have a low tech Complete infrastructure. I assume that in the decade ahead bitcoin can enter all the countries in the world.

 I agree and I think as of now it actually entered majority of the countries in the globe.  and bitcoin enthusiast are still aggressively promoting bitcoin to get more people to join the economy.  It is just a matter of time for bitcoin to be acknowledge if not accepted by all country even those who banned bitcoin.
But what is the purpose of Bitcoin for those developing countries? They just can't rely on Bitcoin alone they must also focus on getting a job first, Also its safe to say that at least one from every country from today knows how to use Bitcoin this one person can spread it to it's country. Bitcoin can still grow but not that much all currencies can change.
Even those bitcoin enthusiast are there or not there is other way why bitcoin still grow.. faucet is one of the reason where people are starting to earn a penny.. many people are promoting those faucet starting with their referrals until they discover more about bitcoin and share it to their friends thats why bitcoin is growing day by day..
hero member
Activity: 1806
Merit: 672
September 29, 2016, 11:41:36 AM
today, bitcoin continues to grow. even in the small countries which only have a low tech Complete infrastructure. I assume that in the decade ahead bitcoin can enter all the countries in the world.

 I agree and I think as of now it actually entered majority of the countries in the globe.  and bitcoin enthusiast are still aggressively promoting bitcoin to get more people to join the economy.  It is just a matter of time for bitcoin to be acknowledge if not accepted by all country even those who banned bitcoin.
But what is the purpose of Bitcoin for those developing countries? They just can't rely on Bitcoin alone they must also focus on getting a job first, Also its safe to say that at least one from every country from today knows how to use Bitcoin this one person can spread it to it's country. Bitcoin can still grow but not that much all currencies can change.
legendary
Activity: 3010
Merit: 1280
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September 29, 2016, 11:35:18 AM
today, bitcoin continues to grow. even in the small countries which only have a low tech Complete infrastructure. I assume that in the decade ahead bitcoin can enter all the countries in the world.

 I agree and I think as of now it actually entered majority of the countries in the globe.  and bitcoin enthusiast are still aggressively promoting bitcoin to get more people to join the economy.  It is just a matter of time for bitcoin to be acknowledge if not accepted by all country even those who banned bitcoin.
hero member
Activity: 1638
Merit: 505
September 29, 2016, 10:55:18 AM
today, bitcoin continues to grow. even in the small countries which only have a low tech Complete infrastructure. I assume that in the decade ahead bitcoin can enter all the countries in the world.
hero member
Activity: 1876
Merit: 512
September 29, 2016, 10:43:55 AM
I think it is banned in bangladesh, but not in our India.
Italy government has decided to levy taxes on bitcoin earnings thus making bitcoin legal.
I hope in next 5 years, most countries will accept bitcoin as legal.
By next five years, i hope almost 70 percent of business organisations would accept bitcoin as payment.

The Italian Government will put taxes on bitcoin earnings?!
How are they suppose to do that? I mean bitcoin can be use anonymously. How will they determine someone who uses bitcoin in their country?

I think the ban will be on mining business and exchanges which are easy to monitor
legendary
Activity: 896
Merit: 1000
September 29, 2016, 10:41:18 AM
I think it is banned in bangladesh, but not in our India.
Italy government has decided to levy taxes on bitcoin earnings thus making bitcoin legal.
I hope in next 5 years, most countries will accept bitcoin as legal.
By next five years, i hope almost 70 percent of business organisations would accept bitcoin as payment.

The Italian Government will put taxes on bitcoin earnings?!
How are they suppose to do that? I mean bitcoin can be use anonymously. How will they determine someone who uses bitcoin in their country?

there are plenty of countries already that "forces" people to pay tax over their bitcoin holdings. how countries going to determine who and what needs to pay how much tax? yes, you're right, there is no way for the government to know how much you have, and what kind of profits you have made. but it's quite simple actually. you have to declare your holdings. you can choose to not do it, or just declare a small portion if you really want it. they won't notice whether or not you are being honest.
legendary
Activity: 3318
Merit: 1133
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September 29, 2016, 10:02:12 AM
I think it is banned in bangladesh, but not in our India.
Italy government has decided to levy taxes on bitcoin earnings thus making bitcoin legal.
I hope in next 5 years, most countries will accept bitcoin as legal.
By next five years, i hope almost 70 percent of business organisations would accept bitcoin as payment.

The Italian Government will put taxes on bitcoin earnings?!
How are they suppose to do that? I mean bitcoin can be use anonymously. How will they determine someone who uses bitcoin in their country?

It can be if they ban buying it online then you could just come to certain places where they make it available. Someone created a thread here about the high price of bitcoin on their place. I think that have to deal with taxes also.
hero member
Activity: 1176
Merit: 509
September 28, 2016, 09:09:30 PM
I think it is banned in bangladesh, but not in our India.
Italy government has decided to levy taxes on bitcoin earnings thus making bitcoin legal.
I hope in next 5 years, most countries will accept bitcoin as legal.
By next five years, i hope almost 70 percent of business organisations would accept bitcoin as payment.

The Italian Government will put taxes on bitcoin earnings?!
How are they suppose to do that? I mean bitcoin can be use anonymously. How will they determine someone who uses bitcoin in their country?
hero member
Activity: 742
Merit: 500
September 28, 2016, 05:21:57 AM
I think it is banned in bangladesh, but not in our India.
Italy government has decided to levy taxes on bitcoin earnings thus making bitcoin legal.
I hope in next 5 years, most countries will accept bitcoin as legal.
By next five years, i hope almost 70 percent of business organisations would accept bitcoin as payment.
sr. member
Activity: 504
Merit: 250
September 28, 2016, 05:17:22 AM
Man Countries do not accept bitcoin completly but thats officially so some people from there uses bitcoin for their self profit and who wont do that?russia has put many strong regulations arount btc for their countrymens hope they will short out the problem soon
Russia? i think some people there are also using bitcoin online and they can withdraw their bitcoins via western union..
It is impossible that there is no country that they didnt know about bitcoin i think almost world wide are using bitcoin.
Yeah i think almost all countries are using bitcoin and i think no countries that didnt know about bitcoin unless if you are in desert of egypt..
Provably no one can know about bitcoin if you are in that place.
the countries dont use it because it is not the official currency, i think bitcoins are used only by people
hero member
Activity: 714
Merit: 500
September 28, 2016, 04:42:51 AM
Bitcoin, being a digital currency, is already a worldwide thing. It is just that it is still in its infancy stage and hardly a portion of the world's population has an idea what it is and what it can give them. For me, it is a welcome change in embracing bitcoin as another form of investment and another form of currency, other than the fiat that we have all been using for some time now.
sr. member
Activity: 490
Merit: 250
September 28, 2016, 04:01:17 AM
Bitcoin is already known at all countries worldwide, considering that at least a percentage of a country's population uses bitcoin.
That alone is proof enough that bitcoin is used worldwide. That's a great feat for bitcoin, considering that it's only roughly around 7 years old.

Yep. Bitcoin has grown very fast being only 7 years since its inception. Being used as a global currency, makes me think that soon we will reach mainstream adoption. I think that the only thing that has prevented Bitcoin from going mainstream, in my opinion, has been governments themselves trying to regulate the purchase and usability of it. However, this may change soon as more and more companies, banks, etc become interested into Bitcoin and blockchain technology.  Cheesy

thats true, bitcoin grows really fast right now and i think it will remain like that for a really long time i hope it will make me huge money

Yes you are correct. Bitcoin has a really bright future. There are some countries which are thinking to use bitcoin as an electronic currencies. Bitcoin community is also growing rapidly.

That is good to hear. Many bitcoiners are looking forward to it! For sure, when that time comes, the value of bitcoin will rise to the moon and it will be very much profitable for everyone! So save more bitcoin now before its too late!
But I need a clear reason, when that is will happen and not only a dream for me?
nobody can tell the future, so nobody can tell when and if, but bitcoin has a very good technology and you can expect it to be worldwide relevant, if nothing unforeseen happens. there are no guaranties, so all you can do is to bet on your luck or take a calculated risk. bitcoin is such a calculated risk. you can do now two things. 1. believe me. you would be betting on your luck in this case.
2. you could educate yourself about bitcoin. and by that i do not mean to mach a 15 min google research. at least read two books about bitcoin from different authors and then decide if you want to take the risk.   

That is the best thing to do if you really want to earn from using bitcoin. You need to have a better understanding of it. It is just like being a soldier, you need to be well prepared before going to be engage on a war if you want to win it!

Yep you are right! Your knowledge is your weapon if you engage in bitcoin world! If you dont have a knowledge about it then will end up loosing always!. Just take your time learning! Learn from your mistakes and never give up what ever happen because bitcoin is the best of digital currencyy Cheesy
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