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Topic: G20 Summit 2018 (Read 637 times)

member
Activity: 277
Merit: 12
April 02, 2018, 10:32:39 AM
#84
Meetings G20 look like the reasoning of a 90-year-old old man about how he plans to surf in a few years. It seems that people there do not know what they are discussing. It's a shame that people try to solve the fate of crypto, which has nothing to do with it.
newbie
Activity: 182
Merit: 0
April 02, 2018, 09:32:47 AM
#83
G20 summit has been completed, and the results are also positive in my opinion, many countries that recognize Bitcoin. only one that prohibits, namely China. and my own country is neutral in the G20 meeting. but in fact the positive outcomes in the meetings of the major powers, are unable to keep up with the current price of coins. even now the price is getting lower.
full member
Activity: 378
Merit: 100
April 02, 2018, 09:25:05 AM
#82
I think whatever the outcome of Crypto discussion on the G20, has not been too influential for the short term, but some countries are beginning to consider taking a more serious approach by allowing crypto currencies to move, and this is a good thing for me at least.

Yes but, taxation will reduce our profit, in any case.
Besides, administering it is additional time/resource.

8. Tracking and KYC
There is still no consensus as to how or if crypto actives should be tracked or tagged so that it is possible to identify where they came from and where they are going. However, KYC and Digital Identity standards should be key points in the discussions.

So, DEXes will flourish additionally..
No big players want KYC and identification..
We already have identifiable banks..
KYC and Digital Identity are become priority now in some big exchanges now, there is still no consensus how this will going in future, as we already know one of reason people using Bitcoin are because the freedom it is.
member
Activity: 476
Merit: 11
April 02, 2018, 07:40:11 AM
#81
The big conclusion:

"There is no conclusion. See you in July"

?
member
Activity: 224
Merit: 10
The Experience Layer of the Decentralized Internet
April 02, 2018, 07:26:50 AM
#80
The G20 meeting is expected to have a big negative impact on cryptocurrency markets.
The real G20, however, will feel that the current cryptocurrency market still does not need regulation.
sr. member
Activity: 728
Merit: 251
April 02, 2018, 07:25:02 AM
#79
Yes but, taxation will reduce our profit, in any case.
Besides, administering it is additional time/resource.

8. Tracking and KYC
There is still no consensus as to how or if crypto actives should be tracked or tagged so that it is possible to identify where they came from and where they are going. However, KYC and Digital Identity standards should be key points in the discussions.

So, DEXes will flourish additionally..
No big players want KYC and identification..
We already have identifiable banks..
member
Activity: 210
Merit: 10
April 02, 2018, 07:06:53 AM
#78
I think any discussion about crypto from big players is a positive sign for cryptocurrencies, as these big players want to tax the cryptocurrencies and legalize them.
QCT
newbie
Activity: 59
Merit: 0
April 02, 2018, 06:52:29 AM
#77
I heard that South Korea's government plan to to begin taxation in 2019.
newbie
Activity: 102
Merit: 0
April 02, 2018, 06:50:47 AM
#76
G20 meeting is a positive one we just need a sharp downtrent so we can end this bear market ones and for all as of now we are not yet out of the woods
i hope we will been down 70% since all time high haha just bounties is saving me from this
full member
Activity: 868
Merit: 103
*Indonesian Professional Translator and BM*
April 02, 2018, 06:48:02 AM
#75
Today G20 meeting has started in Buenos Aires..
As we all know, current awfull dump of our beloved market is partially due to uncertain expectations from G20 summit..
World`s most powerfull but regressive bodies will have it`s say in these days, even about our crypto world, having it`s influence..

https://www.g20.org/en/calendar
Here is the calendar of the events..

What type and how huge effect will it have on our portfolios guys?

the result of G20 summit 2018 are still positive to the growth of crypto.
and 15 country will support for making regulation for cryopto. and this this was have a big impact to crypto world.
on that's meeting only focusing for avoid money laundering using crypto.
but I still have a faith of crypto especially on blockchain technology who still have a bright future
full member
Activity: 275
Merit: 101
April 02, 2018, 06:32:56 AM
#74
Here the 10 points worked out at the conference.

GREAT NEWS FOR ALL OF US

https://www.ccn.com/g20-an-sumary-with-10-topics/
newbie
Activity: 1
Merit: 0
April 02, 2018, 06:18:30 AM
#73
 Grin
sr. member
Activity: 728
Merit: 251
April 01, 2018, 11:04:16 AM
#72
In general yes - but current price trends tend to destroy every type of prediction, logic and TA drawings.. Smiley
Twitter gurues were drawing 13,000$ TA drawing at tradingview - for the mid March..
Instead - you see the reality..
full member
Activity: 2352
Merit: 245
April 01, 2018, 09:04:26 AM
#71
The G20 news has a significant impact to the behavioural pattern of cryptocurrencies prices in the decentralized markets.  It's a great fundamental tool which has made the prices of tokens to take a positive leap recently. Thank God for this wonderful news.
Since the G-20 summit, in principle, spoke positively about the Crypto-currency and there was information that its representatives were in favor of recognizing the Crypto-currency as a financial asset, this would have a positive effect on the Crypto-currency after July, when they will meet next time and will make a similar decision. In addition, after such a decision, one should expect that the majority of G20 countries recognize the crypto currency and it will start to be introduced into our life much more quickly.
hero member
Activity: 868
Merit: 504
March 21, 2018, 01:50:55 PM
#70
The entire crytocurrency markets surge up immediately after heard the positive signal regarding on this crypto industry, no BAN over this markets at all. I hope the downtrend is broken.
member
Activity: 270
Merit: 10
March 20, 2018, 12:08:20 AM
#69
I have not heard anything specific on the plans of this group, it is known only that its task is to develop the basic principles for regulating digital currencies and preventing their use for criminal activities.
member
Activity: 476
Merit: 19
March 20, 2018, 12:07:25 AM
#68
The Financial Stability Board (FSB) - an international organization set up by the G20 countries for financial control - does not intend to create an international legal framework for the regulation of the crypto-currency market.
"The initial assessment of the FSB is that today crypto-currencies do not pose a risk to global financial stability"
The crypto-currency sector is a rapidly developing but still insignificant one that occupies less than 1% of world GDP, therefore it can not seriously affect the current financial system.
The bitcoin rate responded to this message with a take-off upwards of more than $ 1000 after Sunday's lows. Now bitcoin is trading around $ 8,400. Other crypto-currencies also rose appreciably.
full member
Activity: 406
Merit: 109
March 20, 2018, 12:05:48 AM
#67
Today G20 meeting has started in Buenos Aires..
As we all know, current awfull dump of our beloved market is partially due to uncertain expectations from G20 summit..
World`s most powerfull but regressive bodies will have it`s say in these days, even about our crypto world, having it`s influence..

https://www.g20.org/en/calendar
Here is the calendar of the events..

What type and how huge effect will it have on our portfolios guys?


The biggest and most important statement comes as "Cryptocurrencies Don`t risk world economies at all! Bank of England Governor Mark Carney has  insisted in a letter to members of the #G20"
sr. member
Activity: 798
Merit: 250
homt.net
March 20, 2018, 12:04:15 AM
#66
The G20 news has a significant impact to the behavioural pattern of cryptocurrencies prices in the decentralized markets.  It's a great fundamental tool which has made the prices of tokens to take a positive leap recently. Thank God for this wonderful news.
jr. member
Activity: 176
Merit: 1
March 20, 2018, 12:00:46 AM
#65
I hope in the coming days we will get good news from this summit. The market needs a boost for growth! Judging by the fact that the attitude to crypto-currencies in many large states (for example, Germany) has changed in a positive way, we can hope for positive news!

Yes, I hope that also. I hope they will consider cryptocurrency as a way of helping the country to boost the economy. And that they will see cryptoworld not a threat but a tool to a better world. Let us hope for more investors here in our community. And there will be more ICOs offers. Let us hope and pray for this.
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