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Topic: Is there any good news about Bitcoin from your country? (Read 2484 times)

full member
Activity: 432
Merit: 126
Well the truth is, no good news so far. Only negative news is spreading in our country. Bitcoin in our contry is used to scam other people. They even collected about $15m-18m in this scam. So sad to hear this thing. I am just hoping good news will be heard to promote bitcoin in our country. If this bad news will continue, it will really affect bitcoin popularity, and most of my countrymen will believe bitcoin is just a scam and no one will support it. Only good thing thing i heard about bitcoin is our government is already accepted bitcoin but somehow  they also give warnings and cautions on bitcoins.
full member
Activity: 1176
Merit: 104
Yes before there were news about crypto in our country that a lot people became interested in investng to BTC specially when 1btc = $20,000 and that's equivalent to 1million in our currency however recently there was a bad news that caused trust issues with bitcoin (see article: cnnphilippines.com/news/2018/04/10/bitcoin-scam-pnp.html). Even my friends who knows that I am into crypto are asking if bitcoin is really profitable and not a scam and of course, I'll have to explain that only people are using it to scam people.
newbie
Activity: 40
Merit: 0
still now there is none but will soon post in the forum if anything such happens Smiley Regards
member
Activity: 322
Merit: 10
how popular is bitcoin in your country? in our country ,more and more people invest in Bitcoin now . Is there any good news about Bitcoin from your country?

https://www.aicoin.com/chart/31D70E6A

BTC:
BTC is hovering around $10,000, whether price bounces back or not will determine BTC will continue the uptrend or start a downside move with a major correction. The closing price from tonight to tomorrow morning is very important, if price remains above $10,500, we can hold on to our positions, if not, then reducing our positions is the best way to avoid risks. 5-Day MA strategy still applies to current situation.


BCH:
It’s normal for price to bounce back to $1,300 after breaking below $1,520 and price will find support at $1,300. But it seemed unnormal for BCH price to go against BTC price this time as the major adjustment lowered altcoins and major coins prices, indicating the change in funds and signs of retreat.


LTC, ETC & ETH:

Basically, all of them shared a same price action which was extremely weak after a slump in price with increased volumes. Moreover, they all broke below the support at 5-Day MA and showed no signs of fighting again the downtrend. ETC, however, seems to be the strongest and should be your priority when price bounces back. Reducing your positions should be your main strategy for now.


Altcoins:
Dash seemed the only one experiencing an increase in price among altcoins, price is under a pretty strong control and holds the possibility to go wild. 5-Day MA strategy is still recommended for further operations and stop-losing level must be strictly set.

Original by Kuang Ren, translated and posted by AICoin Jami.
There is not any good news about Bitcoin in my country, instead there is a lot of bad news. Our government is preparing to ban the exchange and sale of Bitcoin, but they still allow us to trade
newbie
Activity: 107
Merit: 0
I want to know them both
Don't know about the number of users, but the government seems to have some interest in crypto.
There are several draft bills. Not about severe regulation, but for legalization. Still, it is to soon to talk about completing the process.
By the way, I live in Ukraine.

in my country,the government also has some interest in cryptocurrency. by the way what kind of APP or website do you use to check ticker and get information?

Actually I have not heard good news about bitcoin in our country. Bitcoin is not frequent on the news but when it is in the news, it is always negative. One day I have watched the news and there are these two people who used bitcoin to scam. They have gathered huge amount od money from many people who they have scammed,the good thing is they got arrested but the damage has been done. It affected bitcoin's reputation negatively and it will be hard to gain it back.
member
Activity: 365
Merit: 10
Bitcoin is very known in my country but it is still below ten percent of the total  population that got involved in the activities of bitcoin. Government in my country  never raise any alarms against the uses of bitcoin for trading and so on. It is a good news from my country.
newbie
Activity: 63
Merit: 0
still now there is none but will soon post in the forum if anything such happens Smiley Regards
sr. member
Activity: 1694
Merit: 268
Binance #SWGT dan CERTIK Audited
No, my country has banned bitcoin.since 2012 and ruled that if anybody found using bitcoin he/she will be sent to jail for 8 months atleast.So my In my country bitcoin is unknown to most of the people.In my country bitcoin is not popular more than 1%.
newbie
Activity: 37
Merit: 0
Yea in canada the only good news is that KFC branch at here would start accepting btcs for chicken baskets Wink
sr. member
Activity: 504
Merit: 250
now in my country bitcoin is gaining popularity and many are already interested in it as a secondary earnings, so I'm happy with this with the flow of circumstances
hero member
Activity: 1008
Merit: 501
In our country, the government does not yet recognize bitcoin as a currency. But many people start using it as an investment tool to earn more money than at work in the office and exchange for cash.
Same as me, there is no special news today in my country, the government is still believe with their decision not to legalize bitcoin but not prohibit. the government only provides warning and caution to their community for bitcoin investment. I think it's better than being banned right ? I hope someday there will be a government statement to legalize bitcoin #hope
member
Activity: 168
Merit: 10
To date, the market for crypto-currency in my country is in the so-called "gray zone", since there is no regulatory act. In early 2018, the government instructed the relevant government authorities to develop a regulatory and legal framework for regulating this issue. Let's see what happens from this.
sr. member
Activity: 1288
Merit: 253
although it has not been recognized as a legitimate means of payment, but many ministers have reacted positively, from the many discussions that took place we have officially finally formally established a bitcoin association, and this means that it will have a good effect on the future crypto development, especially on projects proposed on crypto fintech nationally.

Only one institution is still skeptical, the central bank directly under the finance minister, they are still afraid to face this and diligently give a warning that they basically do not understand.
member
Activity: 238
Merit: 11
I would say the government barely recognize bitcoin
Most media focus on the negative view on bitcoin - that it is always used in scamming and legal activities that would, of course, influence common people

Though, yes, a big percentage of population of my country use bitcoin to earn additional income or for its convenience of use to which they recognize its great potential
member
Activity: 714
Merit: 11
BountyMarketCap
no, it's just that banks are planning to implement blockchain technology in their banking system.
hero member
Activity: 1134
Merit: 502
This week there are bad news in my country regarding Bitcoin, headline in the news was "Couple was caught because they scammed 900m PHP worth of Bitcoin. Bashers in FB are mentioning that Bitcoin is a scam so chances are people might believe it and it will lessen Bitcoin supporters in my country. Btw here's the link of the article https://www.rappler.com/nation/199915-filipino-couple-amasses-millions-bitcoin-scam
jr. member
Activity: 196
Merit: 1
Yes there is  good news in my country,recently they announced in public that they are now making laws to accept cryptocoins especially bitcoin and legalized it so that all of us here in the philippines can  free to use or transact bitcoin.
sr. member
Activity: 574
Merit: 250
Here in my country as of this very moment. The good news is that bitcoin is always supported by our government which we appreciate it so much. In some point many users still doing bad jobs since the crypto currency is supported by our government like they will try to convince more people to invest which the wrong thing there is 3rd part involves. As our identity by having wallet as our government can manage it, the scammer people is easy to trace especially those people can easily cashout their huge amount of shares which some banks trying to know where the money came frome which can be traceable and manageable by those users through their atm.
sr. member
Activity: 668
Merit: 255
Well, In my country there no good or bad news, just neutral situation, the government still not found a way how to regulate cryptocurrencies. Well, the tendency to buying / investing in bitcoin or alts is down, compared with November - December 2017. People continue mining because it's still profitable even with such bitcoin price.
member
Activity: 210
Merit: 10
https://eloncity.io/
Wonderful news from Belarus! Legislatively allowed to mine and it is not taxed until 2020, the main bank develops a system of regulation of currency withdrawal, purchase and sale, as well as the issue of its own currency.
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