Topic: G20 Summit can make a trend reversal? (Read 705 times)
By the way the date of the second G20 is approaching. I think bitcoin will wait for the decisions of G20. We are not going to see a dramatic price action before this meeting.
What if regulators say good things about crypto this week? Can it be enough to make a trend reversal in the market?
Personally I think we need some sort of regulation to attract institutional investors in long term.
If they only say bad things, expect another wave of panic...
https://www.reddit.com/r/CryptoCurrency/comments/851zv5/g20_summit_world_leaders_will_discuss/
I am sure that the crypto currency market needs some kind of regulation to attract institutional investors in the long term. If this does not happen, most likely we will see a further decline in the market. Large players will not invest in an unregulated marketPersonally I think we need some sort of regulation to attract institutional investors in long term.
If they only say bad things, expect another wave of panic...
https://www.reddit.com/r/CryptoCurrency/comments/851zv5/g20_summit_world_leaders_will_discuss/
I have the same opinion. Solid investors will only invest in trust-worthy sphere. I am waiting for regulations and hope that Bitcoin will grow again.
What if regulators say good things about crypto this week? Can it be enough to make a trend reversal in the market?
Personally I think we need some sort of regulation to attract institutional investors in long term.
If they only say bad things, expect another wave of panic...
https://www.reddit.com/r/CryptoCurrency/comments/851zv5/g20_summit_world_leaders_will_discuss/
I am sure that the crypto currency market needs some kind of regulation to attract institutional investors in the long term. If this does not happen, most likely we will see a further decline in the market. Large players will not invest in an unregulated market Personally I think we need some sort of regulation to attract institutional investors in long term.
If they only say bad things, expect another wave of panic...
https://www.reddit.com/r/CryptoCurrency/comments/851zv5/g20_summit_world_leaders_will_discuss/
I think there isa bit too much uncertainty in the space at the moment. Having the whole market increase in market cap by 30% on the back of some vague good news is pretty unhealthy because of the speculative nature it leads to. It could be seen as good however if you take the point of view that there are billions waiting in the wings to invest once regulatory standards are clarified.
In fact the G20 actually sounded only flattering words about crypt and prospects in the future. It seems to me this is a green light for the entire world.
Apparently it doesn't happen, these g20 country and maybe most of government in the world. Are still in the safe zone, they can not decide yet, whether going to support or against crypto. They know the potential of crypto to help their economic, but they scare if at the same time, crypto currency will destroy their fiat
I am pretty sure that the G20 will be able to make some trends based on what they could announce for or against crypto. If they keep mum though then I am confident nothing will happen with crypto and we can all be merry again.
Well we have heard everything from the G20 thing and it really bring positive impact to the market that's why around a week or two we have made a good rally up to $9K. The problem is that is not sustainable and we witness another pullback. So I conclude is not enough to balance or to even break the bearish trend that we are experiencing which makes a lot of investors worried.
Let's see how it goes in July though as they said they will have some proposals on how to regulated cryptos. I'm sure though that it will also bring us positive news.
I am pretty sure that the G20 will be able to make some trends based on what they could announce for or against crypto. If they keep mum though then I am confident nothing will happen with crypto and we can all be merry again.
Well we have heard everything from the G20 thing and it really bring positive impact to the market that's why around a week or two we have made a good rally up to $9K. The problem is that is not sustainable and we witness another pullback. So I conclude is not enough to balance or to even break the bearish trend that we are experiencing which makes a lot of investors worried.
Let's see how it goes in July though as they said they will have some proposals on how to regulated cryptos. I'm sure though that it will also bring us positive news.
I am pretty sure that the G20 will be able to make some trends based on what they could announce for or against crypto. If they keep mum though then I am confident nothing will happen with crypto and we can all be merry again.
This is not bad also ı can't say this is amazing news. g-20 conference wont ban cryptocurrency and there are many good news in the market now such as South Korea Government is considering accept ICO likes SEC. These information will push the crypto price soon
Ending the G20 summit did not pose a threat to the Crypto market, keeping the old rules, which would help keep investors safe and continue to invest in atolls. Perhaps by the end of 2018 the price of the altcoin will explode. They will double by three times the current price.
Sammit was successful. I think that the absence of bad news, it's already good
I do not know what will happen to the market further, but hopes still remain. After all, the market is not the first time.
In general, everything went well, but I was waiting for the results of Sammit to bring positive news that would
give a crush to the growth of the market.
give a crush to the growth of the market.
What sense to discuss this G20 summit, he has passed, and nothing has changed. And nothing bad has been told there, but the market continues to fall. And all because he hasn't influenced the market, the market is affected by other more important factors!
I hoped that they talked about the issue of the crypto currency regulation. I'm glad that they did not forbid anonymous coins. In general, the results of the Summit are neutral and couldn't be the reversal point.
The G20 certainly has a good effect for the price, we can see from the beginning of 2018 the price has decreased, and if until after the G20 has decreased I think the logic that happens is cryptocurrency will decline and there is no significant development. can be optimistic if the price will be normal and high after the G20 conference is completed.
Personally, I was afraid that the G20 meeting will really bring us more bad news as we have heard that certain countries like France and Germany are really clamoring for a universal regulation.
But fortunately for us, its a total reversal, the G20 thing really brought a lot of good news that's why we have seen the market goes from $75xx-$9K and we even rode a 3 days highs.
Unfortunately, its not enough to sustained the market run as we goes down again. But at least, we are all up and very nervous because its really a big impact to us and its nice to see that it went on our favor.
The G20 certainly has a good effect for the price, we can see from the beginning of 2018 the price has decreased, and if until after the G20 has decreased I think the logic that happens is cryptocurrency will decline and there is no significant development. can be optimistic if the price will be normal and high after the G20 conference is completed.
I think the market still bearish because they postpone decisions about crypto to the next G20 meeting in July 2018 (Argentina). G20 is not against crypto. But they think crypto needs some regulations.
This news adds signs that nations around the world are looking into digital money amid fears that it is facilitating everything from money laundering to tax evasion. cheat. Japan, one of the world's largest digital money markets, has launched a licensing system for its exchanges last year in an effort to strengthen its oversight.
yes, G20 conference wont ban cryptocurrency and there are many good news in the market now such as South Korea Government is considering accept ICO likes SEC. These information will push the crypto price soon.
I agree with you. It seems the G20 conference are talking more about the advantages brought from the crypto, instead of making more strict policies. So I think this will make a tread reverse, the btc is more than 9000 usd now.
yes, G20 conference wont ban cryptocurrency and there are many good news in the market now such as South Korea Government is considering accept ICO likes SEC. These information will push the crypto price soon.
We will hope, because it is now the market is sleeping and post-penny prices are still falling. Summits have not yet given anything.Yes, the summit does not decide the future of the cryptocurrency, it was an additional reason for the collapse of the market. The market has already turned, we will not fall below, now only up!
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