Both the Japanese and Australian Government removes the additional Taxes on Bitcoin ownership...latest update by @news.bitcoin.com
Implications
• would these two market's actions be sufficient to enhance the opportunities for the future of potential Higher rate of Bitcoin Owning? To be honest, Its actually quite insignificant move, reasons why:
▪both the Japanese and Australian economy are considered to be one of the world's leading Debtor nation, (with Australia leading the Debt to GDP ratio of above 150% & Japan has actually been predominantly been in the longest ever "non"- recovery period since 1998).
• undoubtedly it would set a precedence and a case for other Bitcoin/Cryptocurrency adopting Countries, but the matter of fact is...would they opt to adopt the similar move?
Current Concerns
My genuine thoughts into the Cryptoverse investment vehicle option is that its traded based on the international market valuations factored by the USD$... (which to some might have noticed, has been taking a dive)... that could potentially explain why there's the recent prices demarcation action.
"Theoretically" if the #Cryptocurrency were to be traded and backed up by a Currency that has some form of Intrinsic and stable value, we could potentially be seeing the greatest wealth transfer of our lifetime. But alas, with the current status/method of trade and securitization of any Cryptocurrency available IS vs the USD, we could potentially see the Culling of what's available in the 800plus variations of Tokens and Coins available in the market.
So many other factors/economic elements could be at play to otherwise effect my current views, but NON carry a more significant and detrimental effect to the future of not only this investment vehicle but the rest of the Global Economy (extreme high volitility and geo-political uncertainties = increased USD$ volitility)
(Highly recommended that Extreme Caution be applied for the month of July-August 2017 investment outlook)
preacherofstorms
yes i see your team oz and i followed you - i want bitcoin to hit massive new highs but after i buy some, that why i am on here , i want to earn some money to buy bitcoin
Only
Excelente noticia
Muchos gracias
Noticias como esta nos orientan a entender cada vez mas sobre la economia mundial. Siga publicando este tipo de noticias.
WOOP :D
I don't understand. I imagine myself on my deathbed, smiling away to this unconcerned with more pressing matters.
Good news let's hope that BTC is going up again
Not before 15th July earliest
Estamos creciendo
Hi Follow4follow Vote4vote <3
No entiendo
Kinda seems like cryptocurrency is fairly well linked to the US dollar as of late. This worries me. Shit, I'm getting my gun license, stocking up on food supplies... I feel like I must be going mad because everyone else around me is business as usual.
Which universe are you visiting from? Lol...of course the Cryptocurrencies are linked to the USD...in fact the whole Financial system Globally is linked to the USD. That's why this next Global Financial Crash hits...its not just going to be a 2-3months dunk then recovery...its going to be at least 20-30years. Yes its wiser to just get on with business as usual or you would go mad.