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velive08

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Quote from: slaman29 on July 23, 2021, 01:44:53 AM

Quote from: bandungan on July 22, 2021, 05:19:20 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, 06:33:08 PM

Quote from: Dump3er on July 25, 2021, 12:16:39 PM

Quote from: DrearyUrbanite on July 25, 2021, 01:18:05 AM

Quote from: justdimin on July 24, 2021, 11:21:46 PM

Quote from: velive08 on July 24, 2021, 08:48:28 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, 12:16:39 PM

Quote from: DrearyUrbanite on July 25, 2021, 01:18:05 AM

Quote from: justdimin on July 24, 2021, 11:21:46 PM

Quote from: velive08 on July 24, 2021, 08:48:28 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, 01:18:05 AM

Quote from: justdimin on July 24, 2021, 11:21:46 PM

Quote from: velive08 on July 24, 2021, 08:48:28 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 24, 2021, 11:21:46 PM

Quote from: velive08 on July 24, 2021, 08:48:28 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, 08:48:28 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, 08:44:39 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, 03:42:25 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, 01:44:53 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: KryptoKings on July 05, 2021, 03:42:25 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, 05:19:20 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.

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Quote from: mksundip on July 21, 2021, 08:57:56 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.

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Quote from: mksundip on July 21, 2021, 08:57:56 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, 10:15:48 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, 03:42:25 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

mksundip

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Quote from: MusaMohamed on July 05, 2021, 07:18:23 AM

Quote from: KryptoKings on July 05, 2021, 03:42:25 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

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.

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

fullhdpixel

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Quote from: DU18 on July 12, 2021, 04:16:05 AM

The country with the most crypto investors

It is awesome to see my nation in there as well, it is quite happy to know we are buying up crypto as much as we can because it is going to get a lot better in the future which means the more we have now, means the more money we will own in the future.

However the question is not how much Germans invest, I do not think that Germans own that much of bitcoin, however even if that is the situation is like, it just still means that 415 billion dollars is not something that looks realistic. That is the real thing here in this topic and I honestly do not think that 415 billion dollars is the right amount, it would have been a lot bigger news, like literally be in every news channel type of big news, hell teslas 1.5 billion was there, how do you think 415 won't? That is why I think Germans could be investing a lot, but not that a lot from what I can see.

Davian144

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Quote from: Sirait on July 15, 2021, 11:25:17 AM

different from the UK, which has publicly rejected cryptocurrencies, As far as I know Germany is a very friendly country towards cryptocurrencies, so I really believe in the news above. Of course this is big news for crypto players around the world.

Yes, and in the past there have also been several cryptocurrency projects from Germany that were successful in the crypto space so that investors there are more aware of cryptocurrencies and also they all like cryptocurrencies with evidence of investing in the crypto space.

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Quote from: wmaurik on July 15, 2021, 12:08:56 PM

Quote from: Quantum907 on July 15, 2021, 11:47:55 AM

There is no doubt that this is news that can be trusted, many media are reporting this so that makes me even more optimistic about investing in crypto.

Does that mean you were less optimistic about investing in crypto? so you say today you are very optimistic about investing in crypto because you have read such news? even though cryptocurrencies have looked good long ago.

News like this has been around for a long time and positive news certainly gives someone an optimistic picture but are you sure you've done your research on the whole? sometimes the news can't be trusted and doesn't affect anything in the market it's just a handful of news when something is bad it will break out or bounce with good news.

So I think it's too early to be optimistic now and most importantly you are strong in any case when it comes to bitcoin, basically all the crypto community has believed in real bitcoin.

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Quote from: ven7net on July 15, 2021, 10:27:19 AM

Quote from: KryptoKings on July 05, 2021, 03:42:25 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

It is very strange to hear such information against the background of falling prices for cryptocurrencies. Probably, if this article is true, cryptocurrency prices are not caused by what is happening in China, but by Europe's minor desire to enter the crypto market and buy a number of top cryptocurrencies at a low price. And perhaps even the price will continue to fall just so that after the entry into force of this law, European companies can buy cryptocurrency. Of course, this is only a theory, but it has a grain of truth.

Big players knows how to play the game, this news that supposedly bring the market up is doing the other side,

We can see that there's still whale who wanted to have more bagholds, with this kind of money that should pumped the market whale might be working behind, selling at this point to shake more and wait for this institutional investment to ride on.

We can only speculate and wait for whatever impacts this news really will be, but personally it's good to see more interested investors from the government side.

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Quote from: Quantum907 on July 15, 2021, 11:47:55 AM

There is no doubt that this is news that can be trusted, many media are reporting this so that makes me even more optimistic about investing in crypto.

Does that mean you were less optimistic about investing in crypto? so you say today you are very optimistic about investing in crypto because you have read such news? even though cryptocurrencies have looked good long ago.

Quantum907

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Quote from: KryptoKings on July 05, 2021, 03:42:25 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

There is no doubt that this is news that can be trusted, many media are reporting this so that makes me even more optimistic about investing in crypto.

Sirait

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Quote from: KryptoKings on July 05, 2021, 03:42:25 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

different from the UK, which has publicly rejected cryptocurrencies, As far as I know Germany is a very friendly country towards cryptocurrencies, so I really believe in the news above. Of course this is big news for crypto players around the world.

ven7net

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Quote from: KryptoKings on July 05, 2021, 03:42:25 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

It is very strange to hear such information against the background of falling prices for cryptocurrencies. Probably, if this article is true, cryptocurrency prices are not caused by what is happening in China, but by Europe's minor desire to enter the crypto market and buy a number of top cryptocurrencies at a low price. And perhaps even the price will continue to fall just so that after the entry into force of this law, European companies can buy cryptocurrency. Of course, this is only a theory, but it has a grain of truth.

TelolettOm

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We can also see the news here in Coindesk https://www.coindesk.com/german-law-allowing-415b-investment-into-crypto-takes-effect
and it seems to be official news about this.
but, we still don't know whether this news will give a good impact or not on this crypto market. because, we also know that it may not be relaly good or big news for crypto, different from the news coming from China or the US.
They will always give impact on the crypto world.
And it may be a good sign for crypto in that country, but also unfortunately it may be oly a common thing

Boov

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Quote from: KryptoKings on July 05, 2021, 03:42:25 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

I haven't seen any good effect for now, what I observed was just a potential gains coming, because the market seems to be building a strong momentum. That's huge amount of money as investment from German for cryptocurrency, and most probably it will fund bitcoin for a possible pumps.
We don't know when will it be going to effect successfully, but let's wait until further notice.

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Quote from: KryptoKings on July 05, 2021, 03:42:25 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

This information was mentioned by the media last week. If I remember correctly, there will certainly be money in this fund flowing into bitcoin but the actual percentage seems to be undeclared. In another move, I have information that Apple has invested $2 billion in bitcoin but it is still unconfirmed. The market movement on price reaction to the GBTC unlocking process may have worked, with this action, I believe we will be out of the bear market if all is verified.

domoy77

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There is no doubt that germany is the biggest crypto investor country, with this data of course i'm sure that the news that "German Law Allowing $415B Investment Into Crypto Takes Effect" is true information.

Yes, because the German government knows that cryptocurrency will not cause harm to the state system so it wants to give permission to their investors and also the government knows that cryptocurrency can be very helpful and can also benefit many parties.

imamusma

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Quote from: DU18 on July 12, 2021, 04:16:05 AM

based on the existing survey, germany is the country that has the most crypto investors in the world, and almost 14% of crypto investors are from germany, and it might be a consideration for the german government to make the regulation by only limiting investment to around 20% in crypto and I personally think that this will have a huge impact on the market later, because I see now that the fud carried out by the Chinese government is still affecting the market until now.

What is it limited for? Wouldn't that restriction also have a bad impact on the crypto space even though China is still able to dominate the crypto market through FUD, but this can be offset if there are many new investors entering the crypto space at this time.

peter0425

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Quote from: DU18 on July 12, 2021, 04:16:05 AM

based on the existing survey, germany is the country that has the most crypto investors in the world, and almost 14% of crypto investors are from germany, and it might be a consideration for the german government to make the regulation by only limiting investment to around 20% in crypto and I personally think that this will have a huge impact on the market later, because I see now that the fud carried out by the Chinese government is still affecting the market until now.

The country with the most crypto investors

Source : Invictus Capital, April 2021

having said that yet I think this is not enough reason for Germany to pass a 415 billion dollars investments for crypto ? imagine this is 1/3 almost of the current whole market capitalization .

But if this is going to literally happen , then i will be the first one to celebrate because this will surely bring another hype .

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Quote from: Chato1977 on July 12, 2021, 05:19:28 AM

Quote from: KryptoKings on July 05, 2021, 03:42:25 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

Another Fake news

German that has Not strict rules will Just make a Law about this 415 Billion dollars investments? Yeah they have Many Crypto investors but this is not just like a Daily basis business.

Quote from: ?? on ??

Germany is harsher towards monetary regulations so I don't think there will be more of these even if this comes into effect. Also, Most of the higher economy governments will not approve something like this and will retrace back sooner or later. The first thing we need to have is positive mind set towards regulations.

Well yes they are and knowing how hard to regulate crypto? this seems to be a Dream for now.

Well sincerely speaking I don't really know how authentic is the news, I have to make it open for everyone to read and confirm.

Chato1977

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Quote from: KryptoKings on July 05, 2021, 03:42:25 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

Another Fake news

German that has Not strict rules will Just make a Law about this 415 Billion dollars investments? Yeah they have Many Crypto investors but this is not just like a Daily basis business.

Quote from: ?? on ??

Germany is harsher towards monetary regulations so I don't think there will be more of these even if this comes into effect. Also, Most of the higher economy governments will not approve something like this and will retrace back sooner or later. The first thing we need to have is positive mind set towards regulations.

Well yes they are and knowing how hard to regulate crypto? this seems to be a Dream for now.

DU18

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based on the existing survey, germany is the country that has the most crypto investors in the world, and almost 14% of crypto investors are from germany, and it might be a consideration for the german government to make the regulation by only limiting investment to around 20% in crypto and I personally think that this will have a huge impact on the market later, because I see now that the fud carried out by the Chinese government is still affecting the market until now.

The country with the most crypto investors

Source : Invictus Capital, April 2021

KryptoKings

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Well i just came across the information so i post here to see and verified by ourselves. there are lot of information flying out there day by day so we need to get it right before passing out, i know many individuals do lot of research about getting some trusted information.
Cryptocurrency is the future of currency!

el kaka22

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I do not think that "new" 415 billion dollars is invested into crypto. This could be basically local exchanges or whatever they have in Germany (unfortunately I do not know Germany situation I have never been there) then we could basically assume that money that was somewhere else and with this new law then the money went into the banks.

That is what I assumed happened, think about it if there were 415 billion dollars worth of bitcoin went into bitcoin recently, don't you think we would realize it? Hell even when Tesla had 1.5 billion dollars investing into crypto we were all very happy about it and the price went up like crazy and we are talking about nearly 300 times more money than that, which should mean that the price would be insanely high by now. That is why I do not think that we do have something close to that, I believe this was just moving money around and that's it.

jaberwock

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Quote from: Renampun on July 08, 2021, 09:51:37 AM

Germany is not like England and china who reject crypto, I think the news will be true...

https://www.coindesk.com/german-law-allowing-415b-investment-into-crypto-takes-effect

even coindesk has reported this too. As cryptocurrencies get bigger in the world every day, countries that don't balk at crypto are sure to start seeing the big opportunities they've missed. this is great news to pump crypto.

England is not rejecting crypto, they are just regulating it very hard and yes that is sometimes not good because we want it to be regulated less in order to let it grow higher faster but what china is doing and what England is doing are totally different things. One of them is totally banning it, while the other one is just putting more laws on it for it to exist and that is a big difference.

However the best one is by far Germany of course, we are talking about half a trillion dollars worth of money going into crypto, that is unheard of and that's awesome. However I do think that there is a bit of lie somewhere in there, I mean if 415 billion dollars were invested into crypto recently, that would have skyrocket the price to 300k in a day, probably have lasting impact towards 500k total as well but it didn't which tells you what you need to know about that news.

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I do not believe in that news because the media itself plays with their words and sometimes makes their readers confused about what they wrote. I prefer to see what will happen to the market but with the media, we can get more information although much fake news. But if that is real, it could attract more investors to join crypto and help the crypto popularity in Germany. Sooner or later, crypto will grow and maybe the rise of crypto can start again.

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Quote from: husdemba on July 09, 2021, 01:43:21 AM

I don't believe this information. Currently, all developed countries are abstaining from cryptocurrencies. These states will follow the developments for a while.
The state is difficult to run, and Germany is not El Salvador. We may see this news in the future, but it isn't convincing under these conditions.

Sorry but what's the condition now that this can't happen ?

and are you Russian or at least working in the government to tell us that this is impossible to happen this time?

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I don't believe this information. Currently, all developed countries are abstaining from cryptocurrencies. These states will follow the developments for a while.
The state is difficult to run, and Germany is not El Salvador. We may see this news in the future, but it isn't convincing under these conditions.

barota

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i think the government hate crypto , germany has no benefit for support bitcoin , all government want currency that organize money like usd , eur and the bitcoin cannot be organized because because created against banks In the areas of speed and ease of transction of money
generally people creat and use fake news for their benifit , and everyone should not trust most of news but investing money after several studies and information

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Quote from: KryptoKings on July 05, 2021, 03:42:25 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

Germany is not like England and china who reject crypto, I think the news will be true...

https://www.coindesk.com/german-law-allowing-415b-investment-into-crypto-takes-effect

even coindesk has reported this too. As cryptocurrencies get bigger in the world every day, countries that don't balk at crypto are sure to start seeing the big opportunities they've missed. this is great news to pump crypto.

Wong Gendheng

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Quote from: KryptoKings on July 05, 2021, 03:42:25 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

Most news from any site is hard to believe, news is always different from the facts so we must always look for comparative information, especially Yahoo, where news sources are from other sites, the most important thing is that we must always double-check so that we can retrieve the correct information.

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Quote from: ?? on ??

If this information is obtained from a reliable source, of course I will believe it. and of course this is good news for crypto currency lovers because the German government has been able to accept the presence of crypto currency.

Germany has been long time seeing the value of crypto , and i believe that there are many germans that seek to want crypto in their possession like what Russians fo.
But of course there are many speculation and those are the chances that this may be true or just a another speculative.
But hoping that this will be credible and true because this is one good step from another government to make good move towards crypto.

bitterguy28

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Quote from: Saisher on July 07, 2021, 06:05:30 PM

Quote from: KryptoKings on July 05, 2021, 03:42:25 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

This is good news and can pump the market, I hope they can deliver the goods, the market has been full of FUDS for many months now and this is a breather from all the FUD that the market has been receiving, $415 billion is such a huge amount and can pump the market so it's not really hopeless for this year to reach another all-time high.

Many Months is exaggerated mate because the market just started to fall couple just 2 months ago meaning that is not so many.
but indeed this is a good news if will be take place because at some point this will bring best result for the whole crypto market.

Dump3er

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Quote from: KryptoKings on July 05, 2021, 03:42:25 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

The news are indeed correct. The law came into effect on July 7th and first moves could already be observed by those so called Spezialfonds. One article says that none of the 4,000 Spezialfonds wants to be the last and they are now dedicating a lot of resources to ensure to make the right decision as to which crypto assets they are going to add to their portfolio. As assets under management by those fonds is close to 2 trillion EUR, the overall sum that could go into crypto is close to 400 billion EUR.

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Quote from: dark1234 on July 07, 2021, 05:17:01 PM

until now we still can't 100% believe the regulation will run for a long time because we see Germany is one of the countries that limits the growth of crypto currency and if this regulation continues there is no change in policy then we have to appreciate and maybe other European countries will start following germany in the growth of crypto economy there

We must really be on different planets because I have seen Germany be quite good towards crypto.

Or you are saying two conflicting things here because first you say Germany limits crypto and then you say others should follow Germany in the growth of crypto economy.

By the way,,, growth of economy and allowing for investment in crypto business. Not the same things especially if all this investment is defi related which I bet you they will be. Grows only the lending economy;)

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Quote from: KryptoKings on July 05, 2021, 03:42:25 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

This is good news and can pump the market, I hope they can deliver the goods, the market has been full of FUDS for many months now and this is a breather from all the FUD that the market has been receiving, $415 billion is such a huge amount and can pump the market so it's not really hopeless for this year to reach another all-time high.

dark1234

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until now we still can't 100% believe the regulation will run for a long time because we see Germany is one of the countries that limits the growth of crypto currency and if this regulation continues there is no change in policy then we have to appreciate and maybe other European countries will start following germany in the growth of crypto economy there

yhiaali3

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This is not surprising because Germany was one of the first European countries to try to regulate cryptocurrency. Of course, it placed many restrictions on fraudulent currency projects and put restrictions to regulate cryptocurrency. I think that this German step should be adopted by all countries because regulating cryptocurrency is much better than fighting it, At least, these governments will ensure obtaining benefits and taxes through the development of regulatory legislation for cryptocurrencies instead of losing this money that would have gone to the government treasury. Of course, this does not mean that the German government adopts cryptocurrencies and can place restrictions on them at any time, especially in these times when Witnessing a violent attack on cryptocurrencies.

DarkIT

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Quote from: KryptoKings on July 05, 2021, 03:42:25 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

If it was a real news, surely it makes many traders happy. Because by making promises, many altcoin projects scamming traders. They call it as market standard, but the fact is it affected the moderate traders. The richone will hold money for long. The less investors, cadh out then and their. The only suffering person is moderate trader.

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Quote from: tabas on July 05, 2021, 05:58:38 PM

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.

I see they're really interested now to invest in crypto currency.. Btw probably this is legit because this news spreading in different site, such coindesk, bitcoin.com and four others crypto related sites wherein not just in yahoo. IMO this may not showing impact in the market right now but for sure once most investors saw that there's a small improvement in the market because of this positive news, expect there's a panic buying, even though we don't know yet which crypto in the market they will invest.. Lol

Xinarae*

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I don't think it's right for us to believe all this information many times they are victims of scams, so we need to do our own research and find out the information. The germans are investing up to 415 billion in new legislation because they have a big reason behind it or are trying to scam investors because the demand for crypto markets to invest may increase. You have to go ahead with the plan and practice the market well without believing these companies.

leea-1334

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It is old news shared already by someone even last week. It is not about believing it or not,,, it is already fact and law. This is just an update to say now the implementation period is already upon us.

Whether or not firms will really do it is also a certainty,,, what is uncertain is how many firms and how much.

elisabetheva

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Quote from: Dinda mayasi on July 05, 2021, 10:33:50 PM

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.

Indeed, it is impossible to always decide something related to the finances of a country with the situation with the needs that occur. because indeed we must also recognize the need and the existence of technological advances to be a priority because no one wants to be left behind with the situation of technological progress. but whether we can always believe in news that is not necessarily true can be used as a strong reason, although it is clear that this will certainly be a very positive thing where the crypto situation which happens to be is not good.

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Quote from: KryptoKings on July 05, 2021, 03:42:25 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

I am not fun reading articles like this, all I wanted is the actual outcome on this date. This isn't a good joke if they just say it without a strong support, so to make it become legit information we must see results in the midst of theoretical figures. Cryptocurrency investments should be done with safer reference, we can't just decide quickly unless you're certain on that perspectives driven out by the whole topic ideas.

velosepur

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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.

Bitcoinjheta

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Quote from: KryptoKings on July 05, 2021, 03:42:25 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

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.

unusualfacts30

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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.

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Quote from: bonghip on July 05, 2021, 01:22:46 PM

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 .

Quote from: Dinda mayasi on July 05, 2021, 10:33:50 PM

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.

Dinda mayasi

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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.

anu1908

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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.

Cherylstar86

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Quote from: KryptoKings on July 05, 2021, 03:42:25 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

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.

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Quote from: Gozie51 on July 05, 2021, 08:30:11 AM

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.

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Quote from: Bitcoin_Arena on July 05, 2021, 05:31:45 PM

Quote from: MusaMohamed on July 05, 2021, 07:18:23 AM

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.

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Quote from: MusaMohamed on July 05, 2021, 07:18:23 AM

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.

velosepur

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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.

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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?

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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.

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Quote from: KryptoKings on July 05, 2021, 03:42:25 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

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.

KryptoKings

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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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