bitcoin

Fines, prison sentences and unclear terminology: what the Russian Ministry of Finance proposed to the bitcoin industry

Ministry of Money Russia continues to strengthen regulation of cryptocurrencies. ForkLog obtained a copy of the documents with new corrections to the Criminal, Tax and a number of other codes. In the refreshed package of documents, they left the proposals exposed before this, that relate to the issue and circulation of digital rights and cryptocurrency. Taking these actions bypassing Russian information infrastructure facilities, leading to "generating a lot of income", punishable by fines or imprisonment. The adjustments also imply the introduction of liability for non-declaration of crypto money. How physical, so organizations will have to submit reports to the tax, if the amount of income on the crypto wallet for the calendar year exceeds 100 thousand rubles. In this case, the tax authority will need to report on the availability of a cryptocurrency wallet, turnover and balance. Failure to declare assets in an amount equivalent to over 1 million rubles per year for individuals is punishable by a fine of up to 300 thousands of rubles or arrest up to 6 Months. If funds are not declared for 5 millions of rubles and more, the offender may face a fine of up to half a million rubles or imprisonment for up to 3 years. For organizations, the fine is up to 300 thousand rubles or arrest up to 6 months threatens in case of non-declaration of an amount equivalent 3 million rubles per year, and fine up 2 million rubles or up to 3 years - for undeclared assets for 15 …

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How I Lost Millions: Stories of former bitcoin owners

Worst mistake of my life. Never back up to a cheap Chinese disk or USB ". Bitcoin has made many people millionaires. Happy coin holders, who mined or bought them for next to nothing a few years ago, keep a close eye on the course - and add zeros to their state. But there are those, who, for one reason or another, has lost possible wealth. And their stories are no less amazing, although tragic.

What determines the future of bitcoin

What is the reason for the recovery of the bitcoin rate and who can put pressure on the reference cryptocurrency. Whether you want it or not, but the world, including its financial component, experiencing a new wave of digitalization. This time the process is based on blockchain and, of course, cryptocurrencies. Despite the fact that many countries have already recognized Bitcoin as an asset, the fight against digital coins isn't just going on, but goes to the next level. As they say, if you can't kill the enemy, then beat him in the competition. This is the principle that major central banks have followed., starting to develop our own digital currencies.

How i lost 1000 $ на ICO

I like to invest free money in risky projects. But so far I haven't had much luck.. For example, once i invested 50 000P into crowdinvesting and almost lost them. After that, I became disillusioned with crowdinvesting, but the desire to invest in something risky and profitable remained. I am interested in information technology, that's why, when I heard about cryptocurrencies and ICO, Decided: need to invest. At one time, I bought a whole bitcoin for 22 thousand rubles and sold for 44 thousands. 100% profits seemed like a good result, but when the price of bitcoin exceeded 1 million, i bit my elbows. It seemed, that growth will continue and I will have time to earn — that's why I invested in ICO. But didn't have time.

Technical and Fundamental Analysis of Cryptocurrency Trading. Features and tricks

2017 the year was marked by exponential growth of the cryptocurrency market, whose dynamics amaze the imagination. Many in the past year were once again convinced that, that the profitability of investments in new assets is often more attractive than the results of investing in shares of even the most successful companies. The prospects for obtaining significant profit on invested funds attract more and more new participants to the cryptocurrency market, including famous players in the world of traditional finance.

Results of the Cryptomarket 2018 of the year : the most important events of the outgoing year

2018 the year has become difficult for the cryptocurrency market. Cost records, sharp corrections, temporary market stabilization – it all made both critics, and adherents of cryptocurrencies with interest to watch what is happening. What has happened in the market 2018? Banks against cryptocurrencies Already at the beginning 2018 years, traditional financial institutions began to limit the opportunities for market participants. Many banks from different countries began to refuse to service the accounts of cryptocurrency companies. Besides, Visa payment system stopped serving large European cryptocurrency companies. Ordinary customers of many banks have lost the ability to buy digital assets using payment cards. Such a ban was introduced by the largest banks from the USA, Uk, Canada and Australia.

Popular trading robots, bots for trading on the cryptocurrency exchange

How cryptobots work? Each bot is a set of indicators and parameters, which automatically conduct a transaction on the exchange (or semi-automatically: with operator confirmation), when a buy or sell signal is determined. Most of the time, the bot is tuned to a specific market and time period, to make the results more predictable. This is not magic, which makes only good deals and brings 146%. Average profitability for 1-2% in a day, given the volatility and strong impact of news on exchanges.

Apps every crypto trader should install

In the extremely volatile world of cryptocurrencies, you must always keep your finger on the pulse and follow the developments in the industry. Because we often have to make decisions on the go, it is important to have all trading and investment tools at hand. Here is a list of the best apps, thanks to which investing in cryptocurrency will become easier than ever. In the wake of the popularity of cryptocurrencies, the network has been flooded with a huge number of applications for working with a new financial instrument right from the screen of gadgets..

Correlation between cryptocurrency and traditional market

Considered, that one of the key advantages of cryptocurrencies as an investment is the lack of correlation with most other asset classes. Is it so now, later 10 years after the emergence of bitcoin (Bitcoin)? Bitcoin investment analysis relies on many factors, but the most important of them is just the price, volatility and correlation with other asset classes. Wherein, if a lot is written about the price and volatility of bitcoin, much less attention is paid to correlation, and in vain, Considering, how important is correlation analysis for investors, using crypto assets to diversify their portfolios.

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