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Topic: 2019- the year in which crypto gets connected to the global financial system? - page 2. (Read 244 times)

member
Activity: 476
Merit: 10
Of course, yes, I think that 2019 will be the best for the cryptoindustry and Bitcoin will be connected to the global financial system.  Also bitcoin will be very much regulated by a special regulator.
full member
Activity: 644
Merit: 101
📱 CARTESI 📱 INFRASTRUCTURE FOR DAP
"Following the incredible bull run of 2017, which attracted unprecedented attention towards Bitcoin and other cryptocurrencies, 2018 was marked by an equally forceful regulatory backlash. While Bitcoin remains legal in most OECD jurisdictions, the crypto market and its participants are being increasingly penalized for using the digital assets of their choice."

Source: https://www.forbes.com/sites/geraldfenech/2018/11/12/is-2019-the-year-in-which-crypto-finally-gets-connected-to-the-global-financial-system/#651b747c4c03

Do you think we will see another bull run in 2019 after this long bearish market?

I personally think NO. Since 2009, Bitcoin itself has been repeating history in the markets. We've been in bear markets before, but not with this much money involved. The thing is, we've been in a bear market for only 9 months give or take and they usually last roughly 2 years. There are 10 times as many weak hands dumping out of fear and leaving the market because they've either A) lost a lot of money (should have hedl), or B) don't believe that we are building use cases.

Right now, people finally understand that it is time to build instead of buy. As the great Brock Pierce said, "I've done my best work in bear markets- keeping my head down and steadily working, not worrying about price" - Futurama 20:18

What do you expect to see in 2019?


i truely agree with it there will be more than 2 years of this bear market take it easy guyz i don't think so that something big is going to happen in the dec.. bloodbath will contune and weak hands will regret it . it is just about to survive in this bear trend
jr. member
Activity: 215
Merit: 7
Cobain of Crypto
I think that no, we will not enter by the fact that no one will give it until the cryptocurrency can not be controlled as well as fiat money.
Not being federally controlled does not come into play when connecting itself with the global economy. There are stablecoins that can replace fiat
member
Activity: 378
Merit: 10
Yes, I agree that in 2019 crypto will be connected to the global financial system. After accepting the Bakkt in 12 december huge money will enter the market. It will be great.
member
Activity: 308
Merit: 10
I think that no, we will not enter by the fact that no one will give it until the cryptocurrency can not be controlled as well as fiat money.
jr. member
Activity: 215
Merit: 7
Cobain of Crypto
I really want to believe in it, because it seems to me that in 2019 there will also be nothing that could really push people to what is probably called today the most possible option to integrate cryptocurrencies in general into the world economy.
Mass adoption will also take place soon in my opinion, but doesn't mean a lot of money will come in jacking up the price. For example in one of my previous posts, I spoke about how important crypto debit cards are for the general public. Knowing bitcoin should never be spent and is a store of value but not your everyday individual is going to buy a lambo with their bitcoin- they're smarter to hodl. Especially now.
jr. member
Activity: 215
Merit: 7
Cobain of Crypto
I would say NO until SEC come out with clear guidelines on what constitute a security, they will continue to hunter ICO developers and expect their hammer to keep winning, one thing here is that they don't want to fight a battle they won't win, if they come out with this guidelines then expect new inflow of money into the space and one thing is that this next bull run would be different from the past IMO
Did you think USA is everything for US? you may be wrong with it dude. OP was speaking about lets put our effort to create such a useful thing. You must try to read whole of article before try to give any feedback. it looks like you are misunderstanding about that dude.
hahaha

the SEC does have a major influence nonetheless, but my man here has a solid point. Right now, China is a huge reason a ton of money hasn't come in- they've got fiat flowing all over the place with no where to put it
hero member
Activity: 2282
Merit: 505
I would say NO until SEC come out with clear guidelines on what constitute a security, they will continue to hunter ICO developers and expect their hammer to keep winning, one thing here is that they don't want to fight a battle they won't win, if they come out with this guidelines then expect new inflow of money into the space and one thing is that this next bull run would be different from the past IMO
Did you think USA is everything for US? you may be wrong with it dude. OP was speaking about lets put our effort to create such a useful thing. You must try to read whole of article before try to give any feedback. it looks like you are misunderstanding about that dude.
hero member
Activity: 868
Merit: 500
I would say NO until SEC come out with clear guidelines on what constitute a security, they will continue to hunter ICO developers and expect their hammer to keep winning, one thing here is that they don't want to fight a battle they won't win, if they come out with this guidelines then expect new inflow of money into the space and one thing is that this next bull run would be different from the past IMO
full member
Activity: 616
Merit: 100
I really want to believe in it, because it seems to me that in 2019 there will also be nothing that could really push people to what is probably called today the most possible option to integrate cryptocurrencies in general into the world economy.
jr. member
Activity: 215
Merit: 7
Cobain of Crypto
ALSO, only if we start serious institutional money flood in and smart money continuing to short the market. That's when the pumps will return....
jr. member
Activity: 215
Merit: 7
Cobain of Crypto
"Following the incredible bull run of 2017, which attracted unprecedented attention towards Bitcoin and other cryptocurrencies, 2018 was marked by an equally forceful regulatory backlash. While Bitcoin remains legal in most OECD jurisdictions, the crypto market and its participants are being increasingly penalized for using the digital assets of their choice."

Source: https://www.forbes.com/sites/geraldfenech/2018/11/12/is-2019-the-year-in-which-crypto-finally-gets-connected-to-the-global-financial-system/#651b747c4c03

Do you think we will see another bull run in 2019 after this long bearish market?

I personally think NO. Since 2009, Bitcoin itself has been repeating history in the markets. We've been in bear markets before, but not with this much money involved. The thing is, we've been in a bear market for only 9 months give or take and they usually last roughly 2 years. There are 10 times as many weak hands dumping out of fear and leaving the market because they've either A) lost a lot of money (should have hedl), or B) don't believe that we are building use cases.

Right now, people finally understand that it is time to build instead of buy. As the great Brock Pierce said, "I've done my best work in bear markets- keeping my head down and steadily working, not worrying about price" - Futurama 20:18

What do you expect to see in 2019?

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