Pakistan - page 1083. | Bitcointalksearch.org

shahzadafzal

copper member

Activity: 1526

Merit: 2890

Quote from: hamza987 on February 17, 2018, 11:04:05 AM

What is the legal status of bitcoin in Pakistan, plz tell me.

In my opinion its ok. What I mean by ok that if you are investing your legal money in bitcoin through legal ways (you have paid your taxes on the money) and you did not use bitcoin for any illegal activity; its legal.
Recently Singapore announced that they wont ban the crypto currency since there is no solid evidence against it. Same applies to all countries, until government (FIA) have solid reference against crypto currency like Money Laundering or any other illegal activity you are safe.

cryptosbeginner

newbie

Activity: 1

Merit: 0

Quote from: Raja_MBZ on February 17, 2018, 11:19:17 AM

Quote from: hamza987 on February 17, 2018, 11:04:05 AM

What is the legal status of bitcoin in Pakistan, plz tell me.

In very simple words, it's not legal nor illegal. It's in between, and will remain in between for at least next few years, just like it remained like that in past few years.

Raja bhai, Gimmer bot ka kya scene hai, the demo looks good, is it worth the investment? I wanted to use it for Arbitrage

BitcoinMarshal

hero member

Activity: 756

Merit: 504

Quote from: Raja_MBZ on February 17, 2018, 11:19:17 AM

Quote from: hamza987 on February 17, 2018, 11:04:05 AM

What is the legal status of bitcoin in Pakistan, plz tell me.

In very simple words, it's not legal nor illegal. It's in between, and will remain in between for at least next few years, just like it remained like that in past few years.

Good reply as we are living in uncertainty for long time and we will in this for some more time as no one try to set things for good future of common peoples

Raja_MBZ

legendary

Activity: 1862

Merit: 1505

Quote from: hamza987 on February 17, 2018, 11:04:05 AM

What is the legal status of bitcoin in Pakistan, plz tell me.

In very simple words, it's not legal nor illegal. It's in between, and will remain in between for at least next few years, just like it remained like that in past few years.

hamza987

full member

Activity: 448

Merit: 104

What is the legal status of bitcoin in Pakistan, plz tell me.

Nsync

newbie

Activity: 62

Merit: 0

Airdrops Telegram channel

https://t.me/airdrops_airdrops

Jafri101

sr. member

Activity: 546

Merit: 250

FREE TOKEN ALERT! Receive FREE EtherBTC! I just registered for the EtherBTC 2018 Airdrop and you can, too! Go to https://etherbtc.io today!

bitcoinltc0

newbie

Activity: 33

Merit: 0

Quote from: 2girls on February 12, 2018, 10:04:14 AM

Quote from: bitcoinltc0 on February 11, 2018, 12:03:55 AM

Lets join our Cryptocurrency community

We building a platform that allows users to communicate and share their ideas about their favorite coins. We are currently a team of two developers, trying to find others interested in working on this amazing project!

btcliverate.com is your social gateway to the world of crypto currencies! We show live streaming prices, charts and analysis from all of the top crypto & bitcoin exchanges. We are social too, letting you choose your profile giving you the ability to review and have your say to help the community grow stronger! We want your feedback so together we can help push through the adoption and use of digital currencies!

Excellent Work and Excellent site. I really like the conversion of PKR to any of the Currency and it is really helpful in determining the prices in local currencies. The Site layout is also simple and clean.

I Am Glad To Know It That You Liked My Project

linkybit

full member

Activity: 560

Merit: 107

Keep Working

Quote from: Khurram Bin Kamal on February 12, 2018, 05:20:07 PM

Yes sure one coin and bitcoin are completely different and one coin should not be even considered as a cryptocurrency it is ponzi scheme which is banned in many countries

Totally agreed, people are promoting this scam and soon they'll start weeping same like Bitconnect supporters.

shahzadafzal

copper member

Activity: 1526

Merit: 2890

Quote from: 2girls on February 12, 2018, 10:21:06 AM

Government is busy in having talks on shit issues and they dont know what a Digital currency is actually. They only aware of Swiss accounts and money laundering etc. UrduBit is a registered company and you cannot ban it unless you pass a law like china Did.

Wow I never knew urdubit is this much promising I just did a small study and they seem very professional and every thing looks legit.

BitcoinMarshal

hero member

Activity: 756

Merit: 504

Quote from: Khurram Bin Kamal on February 12, 2018, 05:20:07 PM

Yes sure one coin and bitcoin are completely different and one coin should not be even considered as a cryptocurrency it is ponzi scheme which is banned in many countries

Media need masala and they are getting some intention with this I also sure its not matter of worry as government has not time to touch this issue election is also coming so they are busy to creating foolish plans for taking votes

Khurram Bin Kamal

full member

Activity: 200

Merit: 100

Yes sure one coin and bitcoin are completely different and one coin should not be even considered as a cryptocurrency it is ponzi scheme which is banned in many countries

Raja_MBZ

legendary

Activity: 1862

Merit: 1505

Quote from: lolxxxx on February 12, 2018, 07:37:35 AM

He the guy got caught because of One coin and media (City 42) channel just added bitcoin with onecoin to make the news look cool and attractive so they can have a good audience on the news.

It's sometimes very frustrating to have name of bitcoin along with onecoin... and our media repeats this again and again. Both are totally different things. Angry

2girls

sr. member

Activity: 1002

Merit: 254

Tontogether | Save Smart & Win Big

Quote from: jamalaezaz on February 12, 2018, 12:56:51 AM

Quote from: Nrcewker on February 11, 2018, 06:37:04 AM

Quote from: shahzadafzal on February 11, 2018, 04:48:24 AM

I just heard FIA is taking actions again Bitcoin traders.
As per the news on City42. FIA requested State Bank of Pakistan to announce policy on Crytpo Currencies but they replied back that all crypto currency trades are illegal. FIA took action and arrested one person and confisticated his latop and mobile phone too.

Can any boyd comment please?

City 42 is promoting OneCoin . as i know if government officials take some action they release on website also they do on press release. so do not belive on private tv channels mostly they are earning money and broadcasting what investor want (Blacksheeps)

agar ye sach hota to sab se pehle Danyal aur Urdubit par banned lagta.

Government is busy in having talks on shit issues and they dont know what a Digital currency is actually. They only aware of Swiss accounts and money laundering etc. UrduBit is a registered company and you cannot ban it unless you pass a law like china Did.

2girls

sr. member

Activity: 1002

Merit: 254

Tontogether | Save Smart & Win Big

Quote from: bitcoinltc0 on February 11, 2018, 12:03:55 AM

Lets join our Cryptocurrency community

We building a platform that allows users to communicate and share their ideas about their favorite coins. We are currently a team of two developers, trying to find others interested in working on this amazing project!

btcliverate.com is your social gateway to the world of crypto currencies! We show live streaming prices, charts and analysis from all of the top crypto & bitcoin exchanges. We are social too, letting you choose your profile giving you the ability to review and have your say to help the community grow stronger! We want your feedback so together we can help push through the adoption and use of digital currencies!

Excellent Work and Excellent site. I really like the conversion of PKR to any of the Currency and it is really helpful in determining the prices in local currencies. The Site layout is also simple and clean.

bitcoinltc0

newbie

Activity: 33

Merit: 0

Quote from: shahzadafzal on February 11, 2018, 01:06:13 AM

Quote from: bitcoinltc0 on February 11, 2018, 12:03:55 AM

Lets join our Cryptocurrency community

We building a platform that allows users to communicate and share their ideas about their favorite coins. We are currently a team of two developers, trying to find others interested in working on this amazing project!

btcliverate.com is your social gateway to the world of crypto currencies! We show live streaming prices, charts and analysis from all of the top crypto & bitcoin exchanges. We are social too, letting you choose your profile giving you the ability to review and have your say to help the community grow stronger! We want your feedback so together we can help push through the adoption and use of digital currencies!

Wow amazing... I love the idea... i'm also working on similar idea https://coinia.io/

Thanks

lolxxxx

legendary

Activity: 2198

Merit: 1032

I don't think such thing will happen.

He the guy got caught because of One coin and media (City 42) channel just added bitcoin with onecoin to make the news look cool and attractive so they can have a good audience on the news.

The only old exchange I know is URDUBIT and if such thing happens it will get banned.

Transactions of Bitcoins cannot be traced unless someone has access to your computer and is monitoring you (it will only happen if someone (Government personnel) has doubt on you).

You should always keep your identity secured do not tell everyone that you live here, your name etc over the internet. Also, keep the track of your work.

Or me to ye kehta hon agar ap work karty ho or Bitcoin me pay lety ho tou apko darny ki kya zaroorat? You don't have to worry about anything then.

Nrcewker

copper member

Activity: 2268

Merit: 539

LuckyDiamond.io - FLAT 50% Deposit Bonus!

Quote from: shahzadafzal on February 12, 2018, 07:13:08 AM

Quote from: Nrcewker on February 12, 2018, 05:14:44 AM

but i am unable to understand how they can detect if any crypto payment happen ...

let's spose i gives you 1000$ bitcoins and you paid me via Bank i dont think you will mention in memo that Payment for 1000$ BTC you can write anything else or simply send as friend and family.

near me instead of banning crypto (which is not possible) make proper regulation for it and legalize it as USA did aleady so peoples can came more money in Pakistan .

i don't they state bank or FIA can track transactions done via crypto

Yeah not easy in that sense, but you know if you get caught they will seize mobile or laptop and forensic test might reveal any wallet or crypto information. I'm sure it sounds complex but they can do if they catch any big fish.

Singapore also confirmed they will not ban crypto currency https://cointelegraph.com/news/singapore-confirms-it-will-not-ban-cryptocurrency-has-no-risk-concerns

The thing is Crpypto currency it self is not wrong it's use can be wrong for example criminals or terrorists can use it to transfer money since it can't be tracked.

To me regulating the websites (exchanges) which are dealing in crypto is more easy method of regulating it and i see almost most 90% of exchanges where you can do transaction using fiat have very strict KYC. Same scrutiny like a bank does for credit card.

well government cant stop criminals crypto born in 2010 but criminals when universe started

... so they can't control crime

shahzadafzal

copper member

Activity: 1526

Merit: 2890

Quote from: ?? on ??

PM sent if you are willing to buy a clean account with complete Email access

Wow really does it work like this Cheesy

I mean you can buy and sell your accounts on bitcointalk??? Cheesy

shahzadafzal

copper member

Activity: 1526

Merit: 2890

Quote from: Nrcewker on February 12, 2018, 05:14:44 AM

but i am unable to understand how they can detect if any crypto payment happen ...

let's spose i gives you 1000$ bitcoins and you paid me via Bank i dont think you will mention in memo that Payment for 1000$ BTC you can write anything else or simply send as friend and family.

near me instead of banning crypto (which is not possible) make proper regulation for it and legalize it as USA did aleady so peoples can came more money in Pakistan .

i don't they state bank or FIA can track transactions done via crypto

Yeah not easy in that sense, but you know if you get caught they will seize mobile or laptop and forensic test might reveal any wallet or crypto information. I'm sure it sounds complex but they can do if they catch any big fish.

Singapore also confirmed they will not ban crypto currency https://cointelegraph.com/news/singapore-confirms-it-will-not-ban-cryptocurrency-has-no-risk-concerns

The thing is Crpypto currency it self is not wrong it's use can be wrong for example criminals or terrorists can use it to transfer money since it can't be tracked.

To me regulating the websites (exchanges) which are dealing in crypto is more easy method of regulating it and i see almost most 90% of exchanges where you can do transaction using fiat have very strict KYC. Same scrutiny like a bank does for credit card.

Topic: Pakistan - page 1083. (Read 5669397 times)