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Ajlovez7

Turkey to bring its own digital currency!!

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That is old news and now in there's competition to create new coin with same technology ( blockchain ). Now they see crypto benefits and try to get first step, as long that is healthy competition is great. But we must aware about monopoly because when country release new coins meaning they already have mining city to make supply.

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This is good news ! I think my countray will make a digital currency too ! thats will make us go to a new age of digital currency ! and I think Bitcoin will be like Dollar " Mother of the coins "

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This is a really good movement and development for Turkey, I think once other countries' government see the potential and capabilities of cryptocurrency to help their economy grow, they might join the race as well because they won't let their county left behind.

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I think this would be great. The market conditions would change too and this will be good for the Turkish people. They will be able to work easily in crypto and also transactions would be easy too.

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That's wonderful. Countries were now innovating and accepting cryptos just like having bitcoins since it's a way for them to enhance the economy. We couldn't deny the fact that bitcoin serves as answer to some of our finances tho.

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I think other countries will also follow that. Maybe it is indeed now a trend to make crypto currencies like that


 

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56 minutes ago, kiyas Fatema said:

Now race has started between countries for digital currency of countries. another country turkey may enter the race by creating national own digital currency name as Lira.

they must want people attracted to them, more transactions..I think it was a good initiative.Good market is going to be created in the future.

This is a competition between countries in which which country will take the lead and make the country to adopt fully

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Its a great news for it becouse it is a good work to a people where they want is yo have there own business using there own country crypto currency.and i want to have more news about it

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I am not aware if Turkey will bring their own digital currency. And I don't even know if it's given any kind of scheduled time to market. If anyone is aware of this, please help me with the information.

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i think it is a good  option for all of the countries to bring their own online currency in the market. it help all of the countries to make progress in the field of the online world. i think that all of the countries in the should help each other to make their own online currency.

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On 1/26/2020 at 12:49 AM, Jafar02 said:

It's welcome idea to crypto currencies and crypto world in general because i this will increase the circulation of crypto coins

i think a lot of people here just like to think positive about every news about a country interested in making a coin, you guys should really read more about this then make your mind.

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Really? if this is true that turkey making their own coin then this is good news for turkey people and also in the crypto world, more people will adopt cryptos because of this news.


 

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On 11/7/2019 at 3:04 PM, Ajlovez7 said:

Recently chinese Government announced about its plans for their own digital currency. Now race has started between countries for digital currency of countries. another country turkey may enter the race by creating national own digital currency name as Lira. what u guys think more countries will enter the race or not ?

This is not first country which want to create own cryptocurrency, I read that some more countries want to create own cryprocurrency. And I think that is because they want to control that cryptocurrency and of course for all benefit which cryptocurrency have. But question is what will be with fiat if they make own cryptocurrency, how people will use fiat if they create cryptocurrency.


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Of course many countries will start with this step, but it takes some time

We will find many countries in the future that will introduce their own currency and this is good for the future of cryptocurrencies

 

Edited by Zaino34

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War already started and we can see many new coins will comes up, I believe when country release their own coin they will never include bounty program as promotion. This is negative sign for bounty hunter like me to keep going and find another way to replace my priority income. Live must go on but I'm sure crypto will survive.

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On 11/7/2019 at 3:04 PM, Ajlovez7 said:

Recently chinese Government announced about its plans for their own digital currency. Now race has started between countries for digital currency of countries. another country turkey may enter the race by creating national own digital currency name as Lira. what u guys think more countries will enter the race or not ?

sure that more countries will try to launch their own cryptocurrency like china and turkey. all countries, soon or later, will understand how many things you can do with the blockchain technology and so they will start using this as well

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On 1/2/2020 at 10:43 PM, Maruf123 said:

This is a great news T turkey owl brings cryptocurrency Turkish It is also a great opportunity for all crypto users in Turkey.  They can work with their own currency and make money and get rich

It also great news to me. i think in  turkey people will be much interested about crypto and they will invest on crypto for making huge profit.

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8 hours ago, babakashi2020 said:

This is really a good start. But not just turkey we would love other countries to invest too.

for other countries to invest too they would need to educate their own people about what is crypto and how to send and receive it from other people and this would take lots of time.

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I don't think all countries will make their own digital currencies. digital currencies may be more used by developed countries, while developing countries may only as users. because to make their own digital currency, the government certainly has a different view for it, especially its effect on fiat.

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On 11/7/2019 at 10:04 PM, Ajlovez7 said:

Recently chinese Government announced about its plans for their own digital currency. Now race has started between countries for digital currency of countries. another country turkey may enter the race by creating national own digital currency name as Lira. what u guys think more countries will enter the race or not ?

Well countries are trying to survive without the US dollars so that is why they decided to create their own version of cryptocurrency. Also some country like venezuela created petro coin because their own fiat currency is slowly deflating in value. When a country experiences economic breakdown and when a country wants to be freed from the US dollar the only way out is cryptocurrency.


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I think that now all countries that can issue such a coin will try to do so as it will be very profitable for the economy.

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Glad to hear that turkey also moving forward to implement blockchain technology, Looks like it's also come from china efect that say it will also making their own digital currencies, Looking forward for another news from this one!!

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Yes, I think that is necessary, but who will be the winner in the end. This thing will cause war between countries. If everyone happens, he will fight for the rise of his currency and occupy the first position. In my opinion, this will harm.

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I am very sure that slowly many countries will soon accept the arrival of cryptocurreny even though it takes a long time
 

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McGlone emphasized that the Tether (USDT) stablecoin, pegged to the US dollar, typically trades twice as much per day as bitcoin. "I can access the US dollar anywhere in the world from my phone using Tether. Tether is the number one trading token. It's the number one cryptocurrency for trading. It's the dollar. The whole world has moved to the dollar. Why? Because it's the least bad of all fiat currencies," the Bloomberg expert stated.   While Mike McGlone merely downgraded bitcoin's attractiveness, Cardano founder Charles Hoskinson simply buried it. He equated bitcoin to a religion and stated that the industry has outgrown its dependence on it. According to Hoskinson, "the industry no longer needs bitcoin to survive." He pointed out critical threats to the leading cryptocurrency, including insufficient adaptability and dependence on the Proof-of-Work algorithm. Franklin Templeton analysts, on the contrary, consider L2 protocols, along with Ordinals, Runes, and DeFi primitives, as one of the main drivers of bitcoin's innovation revival. Strike CEO Jack Mallers defended the first cryptocurrency. According to him, the Lightning Network, created for instant and cheap transactions, a second-layer solution based on the BTC blockchain, can further increase the demand for the first cryptocurrency. Mallers believes that thanks to this, bitcoin can be used for everyday purchases, such as paying for a cup of coffee. Former BitMEX CEO Arthur Hayes called the native token of the Cardano blockchain (ADA) "dog shit" due to its low use in protocols.   As of the time of writing this review on the evening of Friday, 31 May, ADA is trading at 0.45 USD per coin, while bitcoin and Ethereum are faring significantly better: BTC/USD is trading at $67,600, and ETH/USD at $3,790. The total cryptocurrency market capitalization is $2.53 trillion ($2.55 trillion a week ago). The Bitcoin Fear & Greed Index remained almost unchanged over 7 days, staying in the Greed zone at 73 points (74 a week ago).   It should be noted that ETH/USD failed to break through the $4,000 resistance this past week. The local maximum was recorded on Monday, 27 May, at $3,974. The lack of an immediate pump is explained by the fact that everyone who wanted to buy Ethereum in anticipation of the SEC's historic decision already did so. Meanwhile, according to some analysts, there is a high probability that immediately after the launch of the long-awaited spot exchange funds, Ethereum will enter a deep drawdown, similar to what happened in January with bitcoin. Then, over 12 days, it fell by 21%.   One of the key reasons for BTC's drawdown at that time was the unlocking of GBTC fund assets from Grayscale, which was converted into a spot fund from a trust. It began losing investments daily at a rate of $500 million. It is possible that something similar could happen with Ethereum, where Grayscale's ETHE fund holds $11 billion worth of ETH. As soon as this fund is converted into a spot fund and its assets are unlocked, short-term investors might start taking profits, potentially causing ETH/USD to fall to the strong support zone of $2,900-3,200. Pessimists among bearish factors also cite the uncertain legal status of the altcoin, as the SEC has not yet clearly defined whether ETH is a commodity or a security. Additionally, the regulator has many complaints about the staking program.   Staking is a way to earn cryptocurrency by "locking" a certain amount of coins in a wallet on the Proof of Stake (PoS) algorithm to support the network. In return, the user receives rewards in the form of additional coins. According to Wall Street legend Peter Brandt, "the biggest disasters in the cryptocurrency sphere that are yet to happen will be related to staking." The expert noted that such assets as Ethereum are often rented out to earn such income, often in the form of interest, which strongly reminds him of collapsed financial pyramids. As staking becomes more widespread, Brandt warned, it could attract increased attention from central banks, treasuries, and other authorities. This could lead to tighter regulation, significantly altering the crypto space and potentially resulting in the cessation of staking and bankruptcies for those involved. NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
    • Даа, кроме нас на форуме остались рекламщики обменников и все). А у вас было монета not, он очень хорошо вырос. Надо было покупать сразу после листинга. Даа, упускаем моменты). Биткоин продолжает коррекцию делать, а я купил какие то щитки и вынужден ждать. 
    • Крупный банкир получил тюремный срок за криптомошенничество   Бывший инвестиционный банкир Рашон Рассел приговорён к 41 месяцу тюремного заключения за мошенничество с использованием цифровых активов. В результате расследования правоохранительные органы США выяснили, что обвиняемый начал опробовать свою мошенническую схему на друзьях, бывших одноклассниках и коллегах по работе в криптофонде R3 в ноябре 2020 года. Рассел обещал им гарантированную доходность инвестиций от 25% до 100%. Чтобы его слова были ещё убедительнее, он пустил в ход свой опыт инвестиционного банкира и сфабрикованные документы (поддельные счета, переводы). Сначала он использовал часть полученных обманным путём средств для выплаты долгов более ранним инвесторам. Остальные деньги Рассел тратил на азартные игры и поддержание роскошного образа жизни. Такая мошенническая схема работала до августа 2022 года. В апреле 2023 года Рашона Рассела арестовали, а в сентябре он признал свою вину. Тогда же выяснилось, что Рассел незаконно приобрёл около 100 кредитных и дебетовых банковских карт на имена других людей. По мнению следователей, он планировал использовать карты для проведения транзакций с полученными незаконным способом деньгами. Минюст США подсчитал, что потери инвесторов от мошеннической схемы Рассела составили $1,5 млн. Именно эту сумму подсудимый должен выплатить своим жертвам в качестве компенсации. Источник - https://ru.investing.com/news/cryptocurrency-news/article-2428894
    • CryptoRank поделился списком крупнейших разлоков июня.        Будьте осторожны в отмеченные дни, ведь увеличение предложения может вызвать давление со стороны продавцов. ARB — $105.21 млн;APT — $103.03 млн;UNI — $87.93 млн;STRK — $75.67 млн;DYDX — $66.3 млн;SEI — $63.81 млн;ID — $55.82 млн;IMX — $54.96 млн;MERL — $42.21 млн;ENS — $36.65 млн.  
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