More Clear Then Ever, This Is Our New Battle

in #crypto7 years ago

bits.jpg

Governments continue to clamp down on exchanges which is why an increased demand on a decentralized exchange is becoming needed. We pay for the shady dealings some of these companies do such as siphoning money off the top and not reporting it.

Now of course you should be paying your taxes on your earnings, If your not your seriously stupid! If you have a massive 100% gain or more that you cashed in on don't forget to pay your taxes on it and remember to be happy with the huge amount of wealth you just got. Heck you could be putting it in a savings back and collecting 1-2% a year an losing money to inflation!

More then ever we as a people need to start standing together and coming up with viable solid solutions to these crack downs or everything we have worked for will be gone. India is just another example of governments clamping down on this.

But as research shows this is totally blown out of proportion and seems like sites are only reporting bad news about bitcoin anything instead of good. Lets not forget all the major advancements we have made to block chains already. Stand fast and stand strong!


steemit-sig-final.gif

Sort:  

Unfortunately, news sites care much more about bad news as it gets more traffic and revenue. They entire business model of news organizations hinges on creating drama where there is none. More drama = more money!

Strongly agree. Mainstream financial media (yahoo finance, cnbc, fbn, marketwatch, bbg, wsj) have an overwhelming negative bias against crypto, which makes sense as their advertisers/viewers/guests are all that are not crypto.

You are correct governments all over the world are crapping themselves over the crypto currency’s and they will stop at nothing to get there own way , cheers mike

Just wait until cryptocurrencies are brought up at Davos. They will most likely be discussing strategies for suppression or adoption. Governments will back what they can control and tax.

That’s a very good point Davos is just around the corner it will be very interesting

It's not unusual to see the market down over the weekend. This week will be interesting. Can the market recover recent losses or do we have more downside to come? I'll just hold my coins and see what happens.

I think the World Economic Forum in Davos is causing FUD. Cryptocurrency will certain be a topic that will be discussed. Switzerland allows taxes to be paid in BTC, but other nations may be looking to suppress its use.

great analysis on crypto!If for some reason you were successful with knocking out Bitcoin with another coin, who is to say it wouldn't happen again someday, by another coin.

Yeh exactly Some countries also baned cryptocurrency in his country and also in banks. Suspend all accounts which is associated with Cryptocurrency...

cryptocurruncy is now best for online income
it is a process to transfar money without banking system
thanks for blog
carry on

How about privacy coins? Is it advisable to dabble into them?

Great post if you don't mind dear @bitcoinflood do you 100% support me?????

thanks a lot for sharing about crypto..carry on dear...

Coin Marketplace

STEEM 0.25
TRX 0.20
JST 0.037
BTC 93459.77
ETH 3481.21
USDT 1.00
SBD 3.78