Author

Topic: Pakistan - page 1102. (Read 6086903 times)

legendary
Activity: 1862
Merit: 1505
February 18, 2018, 09:22:29 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

The demo looks just fine. Likin main khali bounty hi rakhne ka soch raha hun, investment ka nahi. Agar arbitrage hi use karni hai khali, to mera khiyal hai ke pehle pura version release hone den aur phir buy/use karen. Kyunke mujhe lagta hai ke shuru main bohat bugs/errors honge aur shuru main itna usable nahi hoga.
copper member
Activity: 1526
Merit: 2890
February 17, 2018, 11:41:14 PM
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.

newbie
Activity: 1
Merit: 0
February 17, 2018, 04:50:38 PM
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
hero member
Activity: 756
Merit: 504
February 17, 2018, 10:43:07 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
legendary
Activity: 1862
Merit: 1505
February 17, 2018, 10:19:17 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.
full member
Activity: 448
Merit: 104
February 17, 2018, 10:04:05 AM
What is the legal status of bitcoin in Pakistan, plz tell me. 
newbie
Activity: 62
Merit: 0
February 16, 2018, 06:34:28 AM
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sr. member
Activity: 546
Merit: 250
February 15, 2018, 05:05:11 PM
FREE TOKEN ALERT!  Receive FREE EtherBTC!  I just registered for the EtherBTC 2018 Airdrop and you can, too!  Go to https://etherbtc.io today!
newbie
Activity: 33
Merit: 0
February 13, 2018, 08:25:04 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.  Smiley

I Am Glad To Know It That You Liked My Project Smiley
full member
Activity: 560
Merit: 107
Keep Working
February 13, 2018, 01:39:13 AM
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.
copper member
Activity: 1526
Merit: 2890
February 13, 2018, 12:05:07 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.
hero member
Activity: 756
Merit: 504
February 12, 2018, 04:58:23 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
full member
Activity: 200
Merit: 100
February 12, 2018, 04:20:07 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
legendary
Activity: 1862
Merit: 1505
February 12, 2018, 12:22:23 PM
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
sr. member
Activity: 1002
Merit: 254
Tontogether | Save Smart & Win Big
February 12, 2018, 09:21:06 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.
sr. member
Activity: 1002
Merit: 254
Tontogether | Save Smart & Win Big
February 12, 2018, 09:04:14 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.  Smiley
newbie
Activity: 33
Merit: 0
February 12, 2018, 07:21:45 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 Smiley
legendary
Activity: 2198
Merit: 1032
February 12, 2018, 06:37:35 AM
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.
copper member
Activity: 2268
Merit: 539
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February 12, 2018, 06:32:58 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 Smiley ... so they can't control crime Smiley
copper member
Activity: 1526
Merit: 2890
February 12, 2018, 06:14:11 AM
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
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