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Topic: Do you believe in this information? - page 4. (Read 732 times)

full member
Activity: 1106
Merit: 101
July 06, 2021, 03:50:12 PM
#15
We had similar news and speculations earlier too. We need to have calm head and follow official news, best solution sure. Amount is big really. Some regulations there changing maybe but that procces cant be fast so I think we will not miss news from government and money regulatory agencies from EU cointries.
full member
Activity: 798
Merit: 104
July 06, 2021, 12:52:14 AM
#14
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
it seems unbelievable to happen funding that huge amount of money into crypto will surely take effect into the market making its value surge up high in just an hour. This information are purely fake news so be careful in investing do not easily get into the articles much better to track directly on the blockchain for comfirmation.
hero member
Activity: 1540
Merit: 500
July 06, 2021, 12:40:19 AM
#13
Yes, this kind of fund can really boost the crypto market during this time. BTC can easily pass 42k this week after this money inflows in crypto market. Market is already getting boosted after this news was released as large investors are climbing back inside the market to take advantage of the situation.
full member
Activity: 2520
Merit: 204
July 05, 2021, 11:29:36 PM
#12
I think it's not certain, because it's only theoretical. Ex: China is always giving out information and most of it is just to create fluctuations for the market. I'll only believe it when it actually starts working. This is good news anyway, but how many people will believe it? $415 billion is a huge amount!  Can Germany?
yes , 415 billion will surely shaken the market if this is true but it looks like a publicity news only , or maybe Germany is just checking what's the sympathy of the country or even the world about this if they will implement .
I am not sure of the news. Maybe it's just a coincidence. The main influence is the market and the culprit. I believe the need factor in society will be the advancement of digital technology in the economy that is what is real happening.
At least the news makes people aware of it , specially they crypto community that will enjoy and benefits from this for sure.
full member
Activity: 644
Merit: 106
July 05, 2021, 10:33:50 PM
#11
I am not sure of the news. Maybe it's just a coincidence. The main influence is the market and the culprit. I believe the need factor in society will be the advancement of digital technology in the economy that is what is real happening.
sr. member
Activity: 770
Merit: 268
July 05, 2021, 09:48:15 PM
#10
even if this is true, just remember that those billions of money don't necessarily enter the market right at the moment the law is in effect. it might not affect the market at all in the short term. don't fall for hype so easily so you don't lose a lot of money.
sr. member
Activity: 1484
Merit: 253
July 05, 2021, 06:59:19 PM
#9
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

My advice for everyone of who read any typical news announcements or whatsoever said unbelievable things just to hype a cryptocurrency, be extra careful. Don't easily ride on their tactics because it might corrupt your mindset. Sometimes it could change our idealism and won't give us good results if we're rushing out to believe their promises. After that news, is there any market progress happening? I guess there wasn't yet.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
July 05, 2021, 05:58:38 PM
#8
This move too will cause the euro zone to start thinking of pumping money into crypto currency because Germany happens to be an eye in Europe and a big tech country, this will give more confidence to others to follow.
If this news is genuine since it's from yahoo. Why it seems that there's not that much effect on the market? Maybe we're going to see the impact of it once it's already being done by them.
But if there are bad news that comes from this country, there will be for sure an equal reaction to the market as immediate as it can.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
July 05, 2021, 05:38:51 PM
#7
Germany are against ICO and they don't have easy regulations for cryptocurrency market.
But there is a difference between and ICO and an established cryptocurrency like Bitcoin. An ICO is way of funding a crypto start up. So they could be totally against ICOs not totally against cryptocurrencies.

Anyway regardless, such news never excites me. Whether they join or not, the crypto markets will still continue to grow as time goes by.

It says from the article that those members of Spezialfonds have the option of allocating maximum of about 20% of their portfolio to crypto. Now, we don't know what kind of crypto investments are they talking about here. And it depends on their financial managers where they will invest that amount and to what kind of crypto investments. But it is already good news because it means, some will buy more btc or any crypto in their portfolio. Though not all may not avail this option, but it may create impact in the btc price as it is giving positive vibes towards crypto.
copper member
Activity: 2114
Merit: 1814
฿itcoin for all, All for ฿itcoin.
July 05, 2021, 05:31:45 PM
#6
Germany are against ICO and they don't have easy regulations for cryptocurrency market.
But there is a difference between and ICO and an established cryptocurrency like Bitcoin. An ICO is way of funding a crypto start up. So they could be totally against ICOs not totally against cryptocurrencies.

Anyway regardless, such news never excites me. Whether they join or not, the crypto markets will still continue to grow as time goes by.
full member
Activity: 1106
Merit: 101
July 05, 2021, 01:44:39 PM
#5
Can be positive news sure. But Germany an EU have no plans and priority to change relation to crypto. Stability of economy and bank and money sistem is their wish so we will wait more for some steps like article mentioned.
member
Activity: 174
Merit: 10
bông
July 05, 2021, 01:22:46 PM
#4
I think it's not certain, because it's only theoretical. Ex: China is always giving out information and most of it is just to create fluctuations for the market. I'll only believe it when it actually starts working. This is good news anyway, but how many people will believe it? $415 billion is a huge amount!  Can Germany?
hero member
Activity: 2660
Merit: 630
Vave.com - Crypto Casino
July 05, 2021, 08:30:11 AM
#3
From the site , I think there is a pinch of truth in it. I think it is the range of investment coming into cryptocurrency in Germany through Spezialfonds or Specialfonds.

Quote
Spezialfonds are the dominant institutional investment vehicle in Germany. A sizable allocation of this market toward crypto could have profound implications across Europe, because the country has the eurozone’s largest economy.

This move too will cause the euro zone to start thinking of pumping money into crypto currency because Germany happens to be an eye in Europe and a big tech country, this will give more confidence to others to follow.
sr. member
Activity: 966
Merit: 306
July 05, 2021, 07:18:23 AM
#2
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
Germany are against ICO and they don't have easy regulations for cryptocurrency market.

Don't hope too much from any news like this. German government can change from raw plans to detailed plans and with detailed plans that will be applied, you will get sort of very different regulation.

The market is in a vulnerable time and easily to be affected by fud, news related to policies. It is time for policy-maker and abusers to play their games.
hero member
Activity: 854
Merit: 506
July 05, 2021, 03:42:25 AM
#1
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
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