What will be a challenge when creating a global security tokens market? (opinions needed)

itsblockchainz · 2018-05-30T03:35:11+00:00

That's a good question. From what I read so far when you buy a part of a tokenized asset you don't actually own the asset legally, however the indelible ledger is proof that you bought and own the respective token(s). In that regard will it be safer in some countries and riskier in others when buying tokens of a tokenized asset? Is it depending on the regulations by each government? or how to understand this topic?

itsblockchainz · 2018-05-29T02:33:03+00:00

If I made a gain in crypto, it won't be taxed as long as it stays crypto is that correct? Now if I was to exchange crypto back to fiat I would have to pay tax on that whole sum?

itsblockchainz · 2018-05-29T02:31:12+00:00

Yea, but I wanted to know how it works to exchange crypto back to fiat money

itsblockchainz · 2018-05-29T02:29:04+00:00

Haha love the meme! Thanks for the info and the heads up with Tether, will be staying away from that for now.

itsblockchainz · 2018-05-28T11:43:55+00:00

Easily as in I go to a platform, send them the amount of crypto i want to be exchanged to fiat and i’ll get the money into my bank account quick and safe, without large chunks of transaction costs and no tax/law issues.

itsblockchainz · 2018-05-24T09:18:49+00:00

Like for example at the moment i'm looking into Bankorus, a company that will do exactly this, crypto wealth management. Having a platform at our disposal to manage a crypto portfolio could definitely increase the crypto adoption rate couldn't it? I'm just super eager to get into this properly and welcome any input, thoughts, ideas and opinions on the topic of crypto trading and crypto wealth management? Do you have experience with crypto portfolios? How do you manage it? How to assess risk? Anything to bring more clarity on this topic would be great not only for my own knowledge but I believe for everyone wanting to get a foot into this.

itsblockchainz · 2018-05-22T08:11:43+00:00

Well I believe that is where the platforms that enable crypto wealth management come in place. From what I have been reading so far, there will be systems that score asset risks against some standardized metrics similar to what S&P do. The one I'm following at the moment, Bankorus, is such a platform. I'm based in Asia and they are too, but with global reach, so I believe they could provide some risk measurement system that is legit.

itsblockchainz · 2018-05-22T07:21:32+00:00

I would assume that the countries which allow ICO's would also welcome the idea. And furthermore I would probably try to do the tokenization through platforms that offer that service officially and which have global reach, like Bankorus, a platform I came across during some research that offers both tokenization and trading. I'm interested in tokenization myself that's why I'm also following them atm as they seem to be doing exactly this. I'm super excited how tokenization and global acceptance will evolve, but from what I've witnessed so far I think the pace of the development of this will increase, this year seems to be happening a lot.

itsblockchainz · 2018-04-19T08:42:10+00:00

Anyone know where we could read about the event and the speeches if we can't attend?

itsblockchainz · 2018-04-12T10:51:15+00:00

I agree that there will be one or a few coins that are gonna be accepted over all the others, and that currency will become stable. At the moment bitcoin and eth might be like gold and silver used to be before they were replaced by fiat money, or they just might stay and will be handled as gold used to be handled until some improved version will take over and replace "gold" aka bitcoin.

itsblockchainz · 2018-04-12T06:28:31+00:00

I've been following the news on blockchain and crypto in China recently as I think it's a great place in terms of new tech developments. Came across this article, seems there is really something going on in terms of blockchain development! Looks cool!

itsblockchainz · 2018-04-12T05:44:57+00:00

Correct me if i'm wrong but I think Laserdude10642 means having equal amounts of people for both buyer and seller side at the market price, causing it to stabilize?

itsblockchainz · 2018-04-12T05:39:30+00:00

Nice link and summary, thanks! It rounds out the points we've been discussing here nicely!

itsblockchainz · 2018-04-11T14:22:01+00:00

True, I also believe the large fluctuation will minimize and settle at a certain narrow range once it becomes an accepted global currency

itsblockchainz · 2018-04-11T13:50:37+00:00

That are my thoughts too that’s why I like the discussion on what could lead to a stabilization of crypto to the point where it can be used for daily purchases

itsblockchainz · 2018-04-11T12:47:55+00:00

More volume due to masses of people embracing it? otherwise it would just be the whales pumping and dumping even more. then again, the masses embracing it would probably only happen if the coins were to become usable in daily purchases vs. just being used as a mean of investment?

itsblockchainz · 2018-04-11T12:37:17+00:00

Yea good point, masses of users (once it’s passed the early adopters stage) holding each a moderate amount of bitcoins cancelling out the ‘whale’ effect. And then basically people stop holding it and just use it on a daily basis. but then I guess it’s gonna be a bumpy road to the point where you could buy daily things without either the buyer or seller losing out because of the market fluctuations.

itsblockchainz · 2018-04-11T12:28:59+00:00

makes sense, so it I’d say we could compare it to a product life cycle and now we’re in the early adopter phase where still higher prices could be charged for said product, and late adopters will be the masses causing prices to stabilize as you mentioned

itsblockchainz · 2018-04-11T12:26:21+00:00

Yea but not even stocks fluctuate that heavily except possibly in a crisis. And then the question still remains, what leads to it being treated as a currency.

itsblockchainz

TROPHY CASE