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Topic: Canada include the bitcoin. (Read 1245 times)

hero member
Activity: 2114
Merit: 603
June 19, 2020, 01:18:29 AM
#50
Quote
Also, this project gets helps a lot of people to recognize the use and the benefits of the bitcoin, this kind of news will bring up the bitcoin price again.

In all of the article you shared this is most important thing to grasp here. The popularity of bitcoin has to increase a lot. Share companies or brokers will look after their own benefits but in the first place people who are actual customers of bitcoin shall get to know bitcoin extensively. Slowly this will help to spread the word about bitcoin to everyone whose left and more investment will start flooding. They must know it's not just trading commodity but it is more than that. An alternative to gold and diamonds to keep their assets for longer periods.

Every country accepting some portion of crypto is win win situation for this crude market.
jr. member
Activity: 294
Merit: 1
June 19, 2020, 12:00:15 AM
#49
It would be great news new investment will come and trading platform will be grow more.Cryptocurrency level increasing day by day and lot more things coming toward.Bitcoin price increase and all over the world it spread and many country include further.This kind of positive news make energetic to trader and this platform have more good in future to new comer.
jr. member
Activity: 308
Merit: 1
May 27, 2020, 05:20:35 AM
#48
This is really good for cryptocurrency. It is very hopeful that when a country like Canada include bitcoin. It helps bitcoin to spread all over the world more quickly and it will make it more trustable among the developing country.
full member
Activity: 1190
Merit: 117
May 23, 2020, 06:59:40 PM
#47
I did not stop smiling after reading the news at cointelegraph.com about bitcoin funds listed on the toronto stock exchange.
This is the best news from Canada, with this news, the price of bitcoin has gone up. I as a holder of bitcoin feel happy to have
hold bitcoin for long term, with lots of positive news like this makes me even more optimistic about the future of bitcoin.
full member
Activity: 644
Merit: 101
Ecowatt.io
May 23, 2020, 06:34:19 PM
#46
Hello everybody. For my country, where there is a bill according to which people will be imprisoned for cryptocurrency for 7 years, this is just some kind of unrealistic dream. Yes, this is just a bill that has not yet been adopted, but the fact that some kind of stupid “writer of laws” has come up with this says a lot. Congratulations to Canada, this is just great, and most importantly, both authorities and bitcoin holders are free to enjoy all the advantages of the cryptocurrency market and make a profit from the digital gold trade. And in my country one can only hope that common sense will prevail and such fiscal measures will not be taken.
sr. member
Activity: 644
Merit: 364
In Code We Trust
May 20, 2020, 09:15:25 PM
#45
It is great news!
I think it is just a matter of time before many others adopt blockchain in everyday life
We've seen Samsung and the crypto integration
We are seeing Facebook now prepping and trying to enter the blockchain with libra and many governments are paving the way to the adoption of cryptocurrency

What a great news to hear, but sadly, not all startups and entrepreneurial business that utilizes blockchain becomes successful. It depends on how well the blockchain fits to the business, and not just using blockchain for every business types. I prefer to see blockchain on businesses that are focused on utilizing security for transactions. Supply chain, health care, and money. Disregarding the usage of blockchain to streaming apps and others related to entertainment.
member
Activity: 686
Merit: 10
May 20, 2020, 02:39:40 PM
#44
It is great news!
I think it is just a matter of time before many others adopt blockchain in everyday life
We've seen Samsung and the crypto integration
We are seeing Facebook now prepping and trying to enter the blockchain with libra and many governments are paving the way to the adoption of cryptocurrency
legendary
Activity: 2296
Merit: 1014
May 20, 2020, 11:22:50 AM
#43
Today there is a piece of good news, the Canadian assets 3IQ corp is now supporting the use of the bitcoin on their Toronto Stock Exchange (TSX) after getting the approval on the day of April 10 the twin entrepreneur "The Winklevoss twins" support the exchange of this bitcoin fund. The TSX is one of the largest stock exchanges in Canada that can gain more than $97 billion of there trade. What is it all about? This helps a lot to the market price of the bitcoin because if one of the exchanges accepts this kind of transaction many people will now buy a lot of coins with their fiat currency and it causes to increase rapidly the bitcoin. Also, this project gets helps a lot of people to recognize the use and the benefits of the bitcoin, this kind of news will bring up the bitcoin price again.
This is good news, but not as big or not as good as you described. It can either attract investors (money put into Bitcoin) or not.
Even if it will attract big money to Bitcoin name, it can be only theoretical coz while people will buy Bitcoin throught exchange in reality it will not be real Bitcoins only promise of it.
member
Activity: 345
Merit: 13
Hard work is the most important key to success.
May 20, 2020, 10:30:03 AM
#42
When new countries allow Bitcoin to be legally traded, the benefits and new demands are very useful to increase the value of Bitcoin. Bitcoin Halving and Canadian Affiliation Bitcoin Price Expected to Reach a New Level.
full member
Activity: 630
Merit: 100
May 20, 2020, 03:40:38 AM
#41
This is a good news indeed. One of the first world country take it. That will influence 2nd & 3rd world country's.  Few year back every country mention it as a scam, now they admit it as a good fortune. 
newbie
Activity: 17
Merit: 0
May 20, 2020, 03:14:01 AM
#40
This is really good news for the whole country. Though for the world, too. The use of cryptocurrency expands the circle of consumers.
newbie
Activity: 14
Merit: 0
April 21, 2020, 03:45:55 AM
#39
This is good news for everyone. I think that with the development of the geography of the cryptocurrency, it can delay and strengthen its position, despite the fact that it is currently descending
hero member
Activity: 1932
Merit: 506
Betking.io - Best Bitcoin Casino
April 14, 2020, 07:53:10 AM
#38

Photo created by First Public Bitcoin Fund Listed on Toronto Stock Exchange

Today there is a piece of good news, the Canadian assets 3IQ corp is now supporting the use of the bitcoin on their Toronto Stock Exchange (TSX) after getting the approval on the day of April 10 the twin entrepreneur "The Winklevoss twins" support the exchange of this bitcoin fund. The TSX is one of the largest stock exchanges in Canada that can gain more than $97 billion of there trade. What is it all about? This helps a lot to the market price of the bitcoin because if one of the exchanges accepts this kind of transaction many people will now buy a lot of coins with their fiat currency and it causes to increase rapidly the bitcoin. Also, this project gets helps a lot of people to recognize the use and the benefits of the bitcoin, this kind of news will bring up the bitcoin price again.

Source:
Code:
https://cointelegraph.com/news/first-public-bitcoin-fund-listed-on-toronto-stock-exchange
A simple acceptance of bitcoin is a good news already and now that Canada accepts it then it is better news as bitcoin virus will spread further that will cause the price to increase. Everyone likes to increase the price of bitcoin and if this TSX will bring more demand to bitcoin then it is a good opportunity to grab more bitcoin then store it for a long term one as days passes by bitcoin became stronger and stronger.

This only means that bitcoin virus is slowly spreading in every country, the big catch to this news is that those who have no knowledge in bitcoin will be curious once the TSX will support the exchange of bitcoin into other currencies.
hero member
Activity: 2268
Merit: 588
You own the pen
April 14, 2020, 06:47:51 AM
#37
In the state of the world right now, seeing this kind of news kinda good vibes for me. At least we can see some developments or updates on BTC. Anyway, some good news like this will likely give us some boost from holding our BTC. because we know that people are not dumping it instead they are adopting it in some way they could and this kind of news is one example of their adaptation which will make the other investors curious and want to look about it.
legendary
Activity: 3948
Merit: 3191
Leave no FUD unchallenged
April 14, 2020, 06:20:24 AM
#36
Canada is ready to accept new technologies and ideas, that's the difference with the US.

I'm not what you'd call a cheerleader for the US, to put it mildly, but that's a pretty sweeping statement, heh.

For the sake of balance, it should be said that just because a small number of people involved with regulation haven't approved an ETF in the US yet, that shouldn't reflect poorly on an entire populace.

And it's also important to clarify the difference between true acceptance of crypto and merely allowing a bunch of institutional investors to place bets using fiat while watching from afar.  Doing that is categorically not a new idea.
hero member
Activity: 3052
Merit: 606
April 14, 2020, 04:54:27 AM
#35
A new door is a new opportunity for both Canada and cryptocurrency. But this is not new anymore, I mean even if it's  good news. It doesn't affect much the bitcoin's performance. The price went down again atm. However, a great innovation from government of Canada is highly appreciated by many bitcoin enthusiasts.

We hope that it will affect much after this pandemic is over because of people now busy to take care of their health, that is the important thing they need to do now. After that, they need to think about how to make money because most of them cannot have payment from their jobs. So there is still good news for them as they can search for the other jobs from the internet, and hopefully, they will have a chance to make money again.

The effect will be in the future, it will not affect right away unless we will see a hype about this news, but it's not gonna happen easily as most of us are now really struggling with facing the pandemic, business can't be as usual when we all stay at home, the real development is out there and as of now we are very limited.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
April 14, 2020, 04:27:25 AM
#34
A new door is a new opportunity for both Canada and cryptocurrency. But this is not new anymore, I mean even if it's  good news. It doesn't affect much the bitcoin's performance. The price went down again atm. However, a great innovation from government of Canada is highly appreciated by many bitcoin enthusiasts.

We hope that it will affect much after this pandemic is over because of people now busy to take care of their health, that is the important thing they need to do now. After that, they need to think about how to make money because most of them cannot have payment from their jobs. So there is still good news for them as they can search for the other jobs from the internet, and hopefully, they will have a chance to make money again.
sr. member
Activity: 1120
Merit: 272
First 100% Liquid Stablecoin Backed by Gold
April 14, 2020, 03:56:02 AM
#33
Forgive my cynicism, but I don't count this as "adoption".  Trading these speculative assets is not the same as transacting with actual BTC.  People aren't learning anything about Bitcoin when they're dealing with something more analogous to stocks and shares.
I guess you have a point. Well they did add bitcoin on their official stocks exchange, but the fact that the addition of bitcoin doesnt mean they are learning something about it hence it more goal is to expand the trading above the stocks they are currently doing so.

I am not negative about this news, but somehow this can wider the visibility of bitcoin as it will be known on their country. Just do hope those can appreciate it are those outside the trading circle and instead focusing on trading it going to use it like we all want. Natural adoption for bitcoin.

Canada is really a developed countries and my relatives said that the cost of living there is also high compared to some other countries like Japan, US, countries in Europe and etc. I think it is a good decision if the bitcoin will really implement bitcoin in their country as an another mode of payment or as a store of value. Although bitcoin is really volatile in the market, it will probably become in demand once they include it in their stock exchanges. As mass adoption of bitcoin is gradually increasing, people will know the true value of bitcoin in their community. It can be a source of profit if you know how to manage and to maintain your greed not to use it. Trading with BTC is much fun that you think as it will increase your understanding about the market.
sr. member
Activity: 1330
Merit: 326
April 14, 2020, 02:02:56 AM
#32
A new door is a new opportunity for both Canada and cryptocurrency. But this is not new anymore, I mean even if it's  good news. It doesn't affect much the bitcoin's performance. The price went down again atm. However, a great innovation from government of Canada is highly appreciated by many bitcoin enthusiasts.
jr. member
Activity: 301
Merit: 3
DAEFROM.com
April 13, 2020, 10:09:08 PM
#31

Photo created by First Public Bitcoin Fund Listed on Toronto Stock Exchange

Today there is a piece of good news, the Canadian assets 3IQ corp is now supporting the use of the bitcoin on their Toronto Stock Exchange (TSX) after getting the approval on the day of April 10 the twin entrepreneur "The Winklevoss twins" support the exchange of this bitcoin fund. The TSX is one of the largest stock exchanges in Canada that can gain more than $97 billion of there trade. What is it all about? This helps a lot to the market price of the bitcoin because if one of the exchanges accepts this kind of transaction many people will now buy a lot of coins with their fiat currency and it causes to increase rapidly the bitcoin. Also, this project gets helps a lot of people to recognize the use and the benefits of the bitcoin, this kind of news will bring up the bitcoin price again.

Source:
Code:
https://cointelegraph.com/news/first-public-bitcoin-fund-listed-on-toronto-stock-exchange

Bitcoin is now making its way even in the top stock exchanges. Canada is one of the homes of exchange and TSX surely make it to the list. With them, having the reputation and the credibility, Bitcoin gains its fans across the globe and might even push other exchanges to use Bitcoin as their fund. Who knows? Maybe those who have lots of doubts and drawbacks before can now trust fully and try the power of Bitcoin in the market.
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