France declares war on the cryptocurrencies

carlisle1

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Quote from: jeronimosuykens on July 27, 2018, 05:04:27 AM

Quote from: Nolimitz84 on July 22, 2018, 04:54:03 PM

I understand that France just wants to take a tax on cryptocurrency transactions.Well, it's not bad.Russia also introduces a tax on cryptocurrency in the amount of 13%.I think this news will not affect the exchange rate of cryptocurrencies

I think so.
France only wants to levy taxes on electronic money transactions.
Yes, it is not bad, nor does it affect much.
Russia is also introducing a tax on new electronic money is also extremely attractive
I think this news will not affect the exchange rate of electronic money
And it could also be an opportunity for investors as well as the financial community.

What a damn comment,you hage just re write what the first comment this is the perfect example of generic posting ,and i hate reading such this post

Every country has their own reason why needed to put policy to cryptocurrency but most of them is the main reason to protect their peoples money because lots of scamming and hacking happening here,and we cant blame them

Ajaaraan

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For me, such countries should be able to learn from countries that accept Bitcoin. Based on the last year trend, I'm sure Bitcoin can grow into the future and sooner or later it will be a very step-rate digital currency because its value will be too high.

deloreswest

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Quote from: marlonBitCoin on January 16, 2018, 08:54:13 AM

I read on news that

"The French finance minister has called for tough new regulations on cryptocurrencies to stop them being used to dodge tax or finance terrorism and other crimes"
Source ( http://metro.co.uk/2018/01/15/france-declares-war-cryptocurrencies-bitcoin-ethereum-litecoin-ripple-tough-new-stance-lead-ban-7231339/?ito=cbshare)

Is this having any impact on the downtrend nature of the whole Crypto Currency market today?
Are some investors having second thought about crypto and selling them?

Would like to get some idea about this.

everything that related to crypto has an impact to ths cryptocurrency. Especially this case which will make investors in frace really hard to buy or sell their crypto on that country. Right now we really need etf approval so people would be easily to buy bitcoin and altcoins in every country. ETF would bring such good sentiment on the market for long term.

jeronimosuykens

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Quote from: Nolimitz84 on July 22, 2018, 04:54:03 PM

I understand that France just wants to take a tax on cryptocurrency transactions.Well, it's not bad.Russia also introduces a tax on cryptocurrency in the amount of 13%.I think this news will not affect the exchange rate of cryptocurrencies

I think so.
France only wants to levy taxes on electronic money transactions.
Yes, it is not bad, nor does it affect much.
Russia is also introducing a tax on new electronic money is also extremely attractive
I think this news will not affect the exchange rate of electronic money
And it could also be an opportunity for investors as well as the financial community.

Baronggot

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Like other countries who declares war on cryptocurrencies, France will be the country who will close the door for crpytos for sure. We know how their country are fighting for terrorism too as they were also become the target of terrorists lately. And they know what crypto can do and it can be a big help for terrorists so its better to wage war against cryptos too.

PIR

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well, if this is really true, we can't do nothing about it, although we really hope that as bitcoin were accepted in many country it somehow helps its value in the market but then maybe they have their own reason in declaring wars over cyrptocurrency. maybe not forever but for quite sometime till they come to good terms and till they see the advantage of bitcoin in their country.

Acsirp

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This is not a good step for cryptocurrency, france is great country and they are furious about bitcoin and cryptos because the truth they want to impose rrgulation on bitcoin activities in their country, maybe they wants some taxes from cryptos , and will take the responsibilities of monitoring cryptos in their country.

Nolimitz84

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I understand that France just wants to take a tax on cryptocurrency transactions.Well, it's not bad.Russia also introduces a tax on cryptocurrency in the amount of 13%.I think this news will not affect the exchange rate of cryptocurrencies

handsofgod

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Get ready for the epic shit, guys. Those bankers and all politicians don't give a damn about futuristic and technology, they interested in only on word - money. But what about ICO investment, will you invest this summer? What's your thoughts about Kelvin Blockchain? I want to invest in this project

TheAndy500

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Quote from: rainezerr401 on July 20, 2018, 05:47:51 PM

Quote from: Anait on July 19, 2018, 04:12:09 PM

This being a news that took place long back has been overcome by bitcoin. At times the price fluctuation was experienced, but that too grew at the right time marking a big change in the entire digital currency development as well in its way of growing in a stable manner.

France will not win over cryptocurrency because people will always invest because bitcoins so profitable and it can even be used to sustain your daily needs.

that is true and for me it is just impossible to made all of us think that investing in crypto could lead to something else than profit, for me it will get only more popular in coming years.

Semosuchi Tesongrato

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At the beginning of the year there was a worldwide plot to bring down the bitcoin.
No other institution or corporation would have resisted such an assault.
Instead, when the shot is hit, the bitcoin is preparing for new heights.
France will have to accept the situation.

rainezerr401

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Quote from: Anait on July 19, 2018, 04:12:09 PM

This being a news that took place long back has been overcome by bitcoin. At times the price fluctuation was experienced, but that too grew at the right time marking a big change in the entire digital currency development as well in its way of growing in a stable manner.

France will not win over cryptocurrency because people will always invest because bitcoins so profitable and it can even be used to sustain your daily needs.

bombie1

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Some nations will regret soon when the countries that have the eyes to see through the power of bitcoin and move in that direction begin to experience great developments that will shock most of the countries that initially kick against cryptocurrency. The time will come when nations will be chasing after this industry to just be part of it.

Brunus

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It's an old news: the governments got scared during the December explosion, and they ran to stop with an incredible de-legitimization campaign.
But now that the market is relatively quieter, bitcoin is less under pressure.
We'll see.
We are waiting for the new European regulations.

Anait

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This being a news that took place long back has been overcome by bitcoin. At times the price fluctuation was experienced, but that too grew at the right time marking a big change in the entire digital currency development as well in its way of growing in a stable manner.

bowals

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I think this is good news na, it means regulation which would be before worldwide acceptance

Andrej Peiboski

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Now that the French are focused on winning the world football championship, they have no more time to deal with bitcoins.
Luckily...

joebrook

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Quote from: shulio on January 16, 2018, 09:05:06 AM

The news has effect on only French traders. The whales and global traders will not give a shit to this news.

But the old world wants to start a war against crypto money. The banks and politics have been giving speeches about this war since 2 months. 2018 will be the financial war year between crypto world and the real world.

I will not call this a declaration of War by the Macron and the French government, they are just making sure that people don't use Bitcoins and cryptos to evade taxes, finance terrorism and other illegal activities.

Kurokyy

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LETS GO ADAB

Quote from: marlonBitCoin on January 16, 2018, 08:54:13 AM

I read on news that

"The French finance minister has called for tough new regulations on cryptocurrencies to stop them being used to dodge tax or finance terrorism and other crimes"
Source ( http://metro.co.uk/2018/01/15/france-declares-war-cryptocurrencies-bitcoin-ethereum-litecoin-ripple-tough-new-stance-lead-ban-7231339/?ito=cbshare)

Is this having any impact on the downtrend nature of the whole Crypto Currency market today?
Are some investors having second thought about crypto and selling them?

Would like to get some idea about this.

War on cryptocurrency and war on drugs are just the same because people will still invest no matter how the government create different laws or ban crypto in their country because people can get more income in this way rather than working in the corporate world.

BestSSS

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Of course, this is not very good news for the crypto-currency market as the market reacts very strongly to any negative news . Perhaps this is another speculation what we saw in January to bring down the price of bitcoin.

Topic: France declares war on the cryptocurrencies (Read 1112 times)