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velive08

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Quote from: slaman29 on July 23, 2021, 02:44:53 AM

Quote from: bandungan on July 22, 2021, 06:19:20 PM

until now there has been no official channel from Germany that explains in detail about this information. I still can't say it's true if Germany implements such a rule even if the amount is $415 billion. maybe this should be clarified by any official channel from germany.

I really wish people like you would stop commenting on stuff you don't get or don't read at all. This is already official and has been reported on by so many channels. Financial Times, CoinDesk. Google it.

https://www.analyticsinsight.net/germanys-new-cryptocurrency-law-welcomes-us415-billion-bitcoin-investments/

This is not a proposal, this is an actual new law that was drafted and now passed. Fund Location Act. Look it up.

Calm down bro, maybe many people don't believe that Germany will adopt crypto in large numbers. I didn't believe it at first because many projects from Germany failed and it seems Germany is one of the countries that doesn't support crypto. But things are changing now that Germany is officially providing entry opportunities into crypto.
so everyone doesn't know this news yet, don't judge people and please understand because not everyone is updated about this news in germany.

Dump3er

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Quote from: DrearyUrbanite on July 26, 2021, 07:33:08 PM

Quote from: Dump3er on July 25, 2021, 01:16:39 PM

Quote from: DrearyUrbanite on July 25, 2021, 02:18:05 AM

Quote from: justdimin on July 25, 2021, 12:21:46 AM

Quote from: velive08 on July 24, 2021, 09:48:28 AM

maybe many people don't believe that Germany will adopt crypto in large numbers. I didn't believe it at first because many projects from Germany failed and it seems Germany is one of the countries that doesn't support crypto. But things are changing now that Germany is officially providing entry opportunities into crypto.
so everyone doesn't know this news yet, don't judge people and please understand because not everyone is updated about this news in germany.

The thing is that 415 billion dollars is a HUUUUGE number, even though there has been news about it, I am sure we would only believe it happened if we actually saw the impact of it. I keep saying that if 1.5 billion dollars of tesla made bitcoin go up so much, if the 415 billion number was true then we would have seen bitcoin over 500k already, how? 1.5B from tesla caused it to go from 30-35k back in the day towards nearly 45k, that is when it first happened, I do not get why would we not increase to 500k with 415 billion if that was just 1.5 billion, there is roughly 415 billion difference.

So at the end of the day, if something as gigantic as that, something nearly 300x more than the biggest investment we have seen so far, should have taken it to 500k easily, but it didn't, not only that we had nearly zero change, just regular market movements. So how could we believe it actually exists? Or invested?

Well, there is no need to verify it as a simple Google search will show that that law has actually been passed. What's more true is that the impact of it remains to be seen as you say. Yes $415 billion are ready to go into crypto investments, but it is unclear who will make use of that opportunity. Whether it will even be a substantial number at all. Would be awesome for all of us, but we'll find out right.

I don't know how eager the German special funds are to pour money into crypto, but I believe that at least some money of the approved amount of $415 billion will find its way into the crypto market. I guess that those investors who provide their assets to be managed by those funds also want some exposure to this brand new market. But I don't think we should expect the whole sum to go into crypto. Maybe over the time span of a couple of years, but certainly not at once.

That is what I would expect as well. It is approved for sure, but in the end it also depends on the investors who gave their money and put it under management of those funds. Not being exposed to crypto at all could be a big mistake so I expect some of it go into crypto. Maybe in a few years from now those funds will use the whole approved amount to invest in digital assets, but not immediately.

That's what I would say as well, the investors who are part of these funds will probably ask the managers of those funds to get into crypto at least a little bit. Nobody wants to miss that boat and with the legitimization via a law the investors might be even more interested in getting into this new asset class. By now everyone who participates in market knows about Bitcoin and other cryptocurrencies.

DrearyUrbanite

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Quote from: Dump3er on July 25, 2021, 01:16:39 PM

Quote from: DrearyUrbanite on July 25, 2021, 02:18:05 AM

Quote from: justdimin on July 25, 2021, 12:21:46 AM

Quote from: velive08 on July 24, 2021, 09:48:28 AM

maybe many people don't believe that Germany will adopt crypto in large numbers. I didn't believe it at first because many projects from Germany failed and it seems Germany is one of the countries that doesn't support crypto. But things are changing now that Germany is officially providing entry opportunities into crypto.
so everyone doesn't know this news yet, don't judge people and please understand because not everyone is updated about this news in germany.

The thing is that 415 billion dollars is a HUUUUGE number, even though there has been news about it, I am sure we would only believe it happened if we actually saw the impact of it. I keep saying that if 1.5 billion dollars of tesla made bitcoin go up so much, if the 415 billion number was true then we would have seen bitcoin over 500k already, how? 1.5B from tesla caused it to go from 30-35k back in the day towards nearly 45k, that is when it first happened, I do not get why would we not increase to 500k with 415 billion if that was just 1.5 billion, there is roughly 415 billion difference.

So at the end of the day, if something as gigantic as that, something nearly 300x more than the biggest investment we have seen so far, should have taken it to 500k easily, but it didn't, not only that we had nearly zero change, just regular market movements. So how could we believe it actually exists? Or invested?

Well, there is no need to verify it as a simple Google search will show that that law has actually been passed. What's more true is that the impact of it remains to be seen as you say. Yes $415 billion are ready to go into crypto investments, but it is unclear who will make use of that opportunity. Whether it will even be a substantial number at all. Would be awesome for all of us, but we'll find out right.

I don't know how eager the German special funds are to pour money into crypto, but I believe that at least some money of the approved amount of $415 billion will find its way into the crypto market. I guess that those investors who provide their assets to be managed by those funds also want some exposure to this brand new market. But I don't think we should expect the whole sum to go into crypto. Maybe over the time span of a couple of years, but certainly not at once.

That is what I would expect as well. It is approved for sure, but in the end it also depends on the investors who gave their money and put it under management of those funds. Not being exposed to crypto at all could be a big mistake so I expect some of it go into crypto. Maybe in a few years from now those funds will use the whole approved amount to invest in digital assets, but not immediately.

Dump3er

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Quote from: DrearyUrbanite on July 25, 2021, 02:18:05 AM

Quote from: justdimin on July 25, 2021, 12:21:46 AM

Quote from: velive08 on July 24, 2021, 09:48:28 AM

maybe many people don't believe that Germany will adopt crypto in large numbers. I didn't believe it at first because many projects from Germany failed and it seems Germany is one of the countries that doesn't support crypto. But things are changing now that Germany is officially providing entry opportunities into crypto.
so everyone doesn't know this news yet, don't judge people and please understand because not everyone is updated about this news in germany.

The thing is that 415 billion dollars is a HUUUUGE number, even though there has been news about it, I am sure we would only believe it happened if we actually saw the impact of it. I keep saying that if 1.5 billion dollars of tesla made bitcoin go up so much, if the 415 billion number was true then we would have seen bitcoin over 500k already, how? 1.5B from tesla caused it to go from 30-35k back in the day towards nearly 45k, that is when it first happened, I do not get why would we not increase to 500k with 415 billion if that was just 1.5 billion, there is roughly 415 billion difference.

So at the end of the day, if something as gigantic as that, something nearly 300x more than the biggest investment we have seen so far, should have taken it to 500k easily, but it didn't, not only that we had nearly zero change, just regular market movements. So how could we believe it actually exists? Or invested?

Well, there is no need to verify it as a simple Google search will show that that law has actually been passed. What's more true is that the impact of it remains to be seen as you say. Yes $415 billion are ready to go into crypto investments, but it is unclear who will make use of that opportunity. Whether it will even be a substantial number at all. Would be awesome for all of us, but we'll find out right.

I don't know how eager the German special funds are to pour money into crypto, but I believe that at least some money of the approved amount of $415 billion will find its way into the crypto market. I guess that those investors who provide their assets to be managed by those funds also want some exposure to this brand new market. But I don't think we should expect the whole sum to go into crypto. Maybe over the time span of a couple of years, but certainly not at once.

DrearyUrbanite

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Quote from: justdimin on July 25, 2021, 12:21:46 AM

Quote from: velive08 on July 24, 2021, 09:48:28 AM

maybe many people don't believe that Germany will adopt crypto in large numbers. I didn't believe it at first because many projects from Germany failed and it seems Germany is one of the countries that doesn't support crypto. But things are changing now that Germany is officially providing entry opportunities into crypto.
so everyone doesn't know this news yet, don't judge people and please understand because not everyone is updated about this news in germany.

The thing is that 415 billion dollars is a HUUUUGE number, even though there has been news about it, I am sure we would only believe it happened if we actually saw the impact of it. I keep saying that if 1.5 billion dollars of tesla made bitcoin go up so much, if the 415 billion number was true then we would have seen bitcoin over 500k already, how? 1.5B from tesla caused it to go from 30-35k back in the day towards nearly 45k, that is when it first happened, I do not get why would we not increase to 500k with 415 billion if that was just 1.5 billion, there is roughly 415 billion difference.

So at the end of the day, if something as gigantic as that, something nearly 300x more than the biggest investment we have seen so far, should have taken it to 500k easily, but it didn't, not only that we had nearly zero change, just regular market movements. So how could we believe it actually exists? Or invested?

Well, there is no need to verify it as a simple Google search will show that that law has actually been passed. What's more true is that the impact of it remains to be seen as you say. Yes $415 billion are ready to go into crypto investments, but it is unclear who will make use of that opportunity. Whether it will even be a substantial number at all. Would be awesome for all of us, but we'll find out right.

justdimin

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Quote from: velive08 on July 24, 2021, 09:48:28 AM

maybe many people don't believe that Germany will adopt crypto in large numbers. I didn't believe it at first because many projects from Germany failed and it seems Germany is one of the countries that doesn't support crypto. But things are changing now that Germany is officially providing entry opportunities into crypto.
so everyone doesn't know this news yet, don't judge people and please understand because not everyone is updated about this news in germany.

The thing is that 415 billion dollars is a HUUUUGE number, even though there has been news about it, I am sure we would only believe it happened if we actually saw the impact of it. I keep saying that if 1.5 billion dollars of tesla made bitcoin go up so much, if the 415 billion number was true then we would have seen bitcoin over 500k already, how? 1.5B from tesla caused it to go from 30-35k back in the day towards nearly 45k, that is when it first happened, I do not get why would we not increase to 500k with 415 billion if that was just 1.5 billion, there is roughly 415 billion difference.

So at the end of the day, if something as gigantic as that, something nearly 300x more than the biggest investment we have seen so far, should have taken it to 500k easily, but it didn't, not only that we had nearly zero change, just regular market movements. So how could we believe it actually exists? Or invested?

Tessnik

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such news requires a lot of verification's as the germane government will have to legislate on this matter to make it law and this legislation will come with regulations that may further effect the flexibility of using cryptocurrency in the German territory. Germany have not been a crypto friendly country as the government ban all ico some time around 2017-2018.

fullhdpixel

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Quote from: Maslate on July 23, 2021, 09:44:39 AM

we never know but I think they will invest in the known and leading cryptos in the market.
I wish this could give have a huge impact on the current trend and be able to help the market lifted from bearish.

I really appreciate the decision they've made and am pretty sure this could also influence others to take some action for the better. If all countries are somewhat like doing this stuff, I can't imagine where are now, maybe the majority are investing cryptos already.

If majority of the nations take these type of actions then we are going to see bitcoin have a huge bull run again, it is going to be quite good to see because I am sure that whenever a big nation does something good regarding crypto the price goes up, and whenever they do something bad it goes down a lot.

I personally believe that England banning binance and china banning miners did end up causing it to go down, but that was the bad side, but if we see the good side then it will start to go back up, like tesla buying bitcoin or paypal allowing bitcoin sales and all that. It is not common to see huge news from nations and huge corporations, we do not have it like once a week, but whenever there is a big news from those places, we actually end up making a big move afterwards for sure. This is why I am hoping for more nations to create the same legislation regarding crypto like the one Germany did.

Hypnosis00

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Quote from: KryptoKings on July 05, 2021, 04:42:25 AM

German Law Allowing $415B Investment Into Crypto Takes Effect..
A new law in Germany that could theoretically prompt up to $415 billion to flow into crypto takes effect Thursday.

Also read here: https://finance.yahoo.com/news/german-law-allowing-415b-investment-104546919.html?guccounter=1

Now they know how crypto could change the economic status of the country. Just to look around and it was noticed that many countries that are just silent and never talk about crypto before are now having an interest in this. Eventually, this was the best option to give for their countrymen and letting them invest in this growing market.

a little bit surprised but as the market keeps on growing, many people had valued this thing. In fact, cryptocurrencies become trending last 2017 Bullrun and many rich people are started to invest. And as Germany finds this thing as a profitable asset, I was thinking about the possible market surge that will happen sooner.

_IRMAN

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Quote from: slaman29 on July 23, 2021, 02:44:53 AM

I really wish people like you would stop commenting on stuff you don't get or don't read at all. This is already official and has been reported on by so many channels. Financial Times, CoinDesk. Google it.

https://www.analyticsinsight.net/germanys-new-cryptocurrency-law-welcomes-us415-billion-bitcoin-investments/

This is not a proposal, this is an actual new law that was drafted and now passed. Fund Location Act. Look it up.

That much investment should be able to make the price of BTC go up high, but I see the price of BTC is stable at $30K. Has all that money not gone into crypto yet?

Viscore

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so far i didnt see any official release rellated with news, bearish market make some traders or investors stress and they use any strategy to make market bounce just like what whales do to drop bitcoin price. If this is real news there must official release from stakeholders and we will see in any cryptoncurrency news site.

Yes. If this is true, this will contribute a huge price surging in the market so definitely positive news like this will become trending. But seems, the market seems to be steady in its condition except for a little price correction sometime.

I can imagine right now once Germany will invest in crypto with this huge amount then i think other big and small countries might do the same thing too. Crypto is now widely spread all over the world so this is not surprising if such countries will come to trust and invest in crypto as they can visualize already how big the potentials of crypto.

Maslate

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Quote from: ?? on ??

Quote from: KryptoKings on July 05, 2021, 04:42:25 AM

German Law Allowing $415B Investment Into Crypto Takes Effect..
A new law in Germany that could theoretically prompt up to $415 billion to flow into crypto takes effect Thursday.

Also read here: https://finance.yahoo.com/news/german-law-allowing-415b-investment-104546919.html?guccounter=1

Its could be true, but i think a huge Country like German wouldnt invest on old Crypto, i believe they will invest to a new crypto for being developed by their own country.

Well, we never know but I think they will invest in the known and leading cryptos in the market.
I wish this could give have a huge impact on the current trend and be able to help the market lifted from bearish.

I really appreciate the decision they've made and am pretty sure this could also influence others to take some action for the better. If all countries are somewhat like doing this stuff, I can't imagine where are now, maybe the majority are investing cryptos already.

el kaka22

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It is basically like saying "the royal wedding was aired for 6 billion people all around the world!" that doesn't mean that it was viewed by 6 billion people, it just means that 6 billion people had acces to watch it live, which is a rare thing because even the world cup has less than that so it is a record reached for it.

This is about the same, technically speaking 451 billion dollars could be invested into crypto thanks to this new law, and that is what it's been said here, doesn't mean that it will be that much, that is the max amount that could be reached thanks to the new law, just like how 6 billion people did not watch the royal wedding. Long story short this is a theoretical maximum that could be reached and it will not reach there, even a few billion would be a good deal and that is what we will probably get out of this and nothing more unfortunately.

slaman29

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Quote from: bandungan on July 22, 2021, 06:19:20 PM

until now there has been no official channel from Germany that explains in detail about this information. I still can't say it's true if Germany implements such a rule even if the amount is $415 billion. maybe this should be clarified by any official channel from germany.

I really wish people like you would stop commenting on stuff you don't get or don't read at all. This is already official and has been reported on by so many channels. Financial Times, CoinDesk. Google it.

https://www.analyticsinsight.net/germanys-new-cryptocurrency-law-welcomes-us415-billion-bitcoin-investments/

This is not a proposal, this is an actual new law that was drafted and now passed. Fund Location Act. Look it up.

bandungan

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until now there has been no official channel from Germany that explains in detail about this information. I still can't say it's true if Germany implements such a rule even if the amount is $415 billion. maybe this should be clarified by any official channel from germany.

Kasabus

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Quote from: mksundip on July 21, 2021, 09:57:56 AM

Yes, that's right, it seems doubtful. Germany is indeed against ico, I have experience with ico in 2018 where all ico from germany cannot be trusted. maybe this is not relevant and the news can't be seen until there is real evidence in the public

Don't take the news wrong about what happened in 2018 because at that time almost all ICOs became scams because the market at that time was not very supportive of creating new projects because they were in a big correction.

Scam projects won't be easily gone in crypto but atleast they have been minimized this year. And if this news is a legit, then we should be more thankful to Germany because it will definitely boost the crypto market and may see good price increase once this investment will take place. Bull run might be earlier this time once this huge investment will be made in crypto.

bitkanu

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Quote from: mksundip on July 21, 2021, 09:57:56 AM

Germany is indeed against ico, I have experience with ico in 2018 where all ico from germany cannot be trusted. maybe this is not relevant and the news can't be seen until there is real evidence in the public

Those german icos were unregistered and they were claimin already registered. That means if those scam icos didn't give an impact to the decision that already taken by german regulators.
It seems like that more and more germany were able participating in the icos or another kind of fundraising.
that means if there would be an evaluation to the old regulation maybe. I think that this doesn't have relationship with those germany icos

Christabel247

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Quote from: Teraboy on July 21, 2021, 11:15:48 AM

Theorically means if that's still a theory and it can be a fake news. German was not fully banning crypto but as some people said above icos were illegal on german but i hope that there will be light regulation to the crypto.

There are lots of fake information these days. I guess a new law has not yet implemented. It looks like german is changing its view about crypto.
We will see that but so many people from german were participated in icos as well

This could be possible, there are lot of news flying every day so if they wanna put such funds into crypto then it's a great news to the market. this will also positioned the market in a better place.

Teraboy

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Theorically means if that's still a theory and it can be a fake news. German was not fully banning crypto but as some people said above icos were illegal on german but i hope that there will be light regulation to the crypto.

There are lots of fake information these days. I guess a new law has not yet implemented. It looks like german is changing its view about crypto.
We will see that but so many people from german were participated in icos as well

lablab03

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Quote from: KryptoKings on July 05, 2021, 04:42:25 AM

German Law Allowing $415B Investment Into Crypto Takes Effect..
A new law in Germany that could theoretically prompt up to $415 billion to flow into crypto takes effect Thursday.

Also read here: https://finance.yahoo.com/news/german-law-allowing-415b-investment-104546919.html?guccounter=1

its a good news, but that country seems not trustworthy IMO when it comes crypto currency because most of the german don't believe in such things, imagine german have 5% only based on what i see in yahoo finance website and the title says " which country are using crypto currency the most" Probably that 5% are those investors on that country, if true how they can make impact in the market? Unless if they're whales. Lol

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