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Topic: Good news for bitcoin as G20 says no crackdown for cryptocurrencies (Read 386 times)

legendary
Activity: 2982
Merit: 1028
The G20 has announced good news for bitcoin ruling out the possibility of new regulations for cryptos by its regulator. Bitcoin bulls had a positive reaction to this report that saw prices recover tremendously.

Full article: https://cryptonewsmagnet.com/good-news-bitcoin-g20-says-no-crackdown-cryptocurrencies/
After some day the impact was been felt, this is indeed a good news and its showing from how the market reacts after this, for believers like us, we should
just anticipate more positive things to happen inside the crypto market, bitcoin will start to rise up again and alts will follow, for sure it will just the start
and we will soon to see the new height for bitcoin value, just keep the good news coming.
newbie
Activity: 75
Merit: 0
more good news is still coming , next month all hope that was lost will restore back. crypto cant be stop
newbie
Activity: 98
Merit: 0
The G20 has announced good news for bitcoin ruling out the possibility of new regulations for cryptos by its regulator. Bitcoin bulls had a positive reaction to this report that saw prices recover tremendously.

Full article: https://cryptonewsmagnet.com/good-news-bitcoin-g20-says-no-crackdown-cryptocurrencies/
Yes, that's good news for bitcoin. These countries do not negate the cryptocurrency, they acknowledge the legality of the cryptocurrency. And they will impose strict regulations on the cryptocurrency, which will make the encryption market better.
drm
legendary
Activity: 1176
Merit: 1005
It's not a good news!it's just populism. My advice, don't pay attention to this and buy OAX tokens) In june you will see sun rising)

Not many people that listen to the advice of a few months old account.
sr. member
Activity: 1498
Merit: 271
DGbet.fun - Crypto Sportsbook
The G20 has announced good news for bitcoin ruling out the possibility of new regulations for cryptos by its regulator. Bitcoin bulls had a positive reaction to this report that saw prices recover tremendously.

Full article: https://cryptonewsmagnet.com/good-news-bitcoin-g20-says-no-crackdown-cryptocurrencies/
Like what I've said in my friends that using cryptocurrencies right now, g20 summit will make a great impact in our economy specially in the world of blockchain technology. The result of g20 will declare if it will good for the crypto enthusiast or not. Well, I think it is good enough to hear that g20 was successfully completed and I the new regulation may bring a boon pr bane in our society.
member
Activity: 238
Merit: 15
It's not a good news!it's just populism. My advice, don't pay attention to this and buy OAX tokens) In june you will see sun rising)
newbie
Activity: 196
Merit: 0
The G20 has announced good news for bitcoin ruling out the possibility of new regulations for cryptos by its regulator. Bitcoin bulls had a positive reaction to this report that saw prices recover tremendously.

Full article: https://cryptonewsmagnet.com/good-news-bitcoin-g20-says-no-crackdown-cryptocurrencies/

i wonder if this news really affect the bitcoin and cryptocurrency value.
but it seems to be the price of bitcoin slowly increased by the time now.
member
Activity: 336
Merit: 14
The news is anticlimactic. As if the G20 can do anything but regulate bitcoins. But this piece of good news is enough to convince some of my skeptic friends that cryptocurrency is here to stay.
full member
Activity: 188
Merit: 100
It's truely a good news. At least the FUD will be over now and portfolio will boom again
jr. member
Activity: 44
Merit: 10
Hopefully this brings in more investors.  Seems like crypto is only bull or bleeding money. I would honestly be happy with a 500b stable market for a few weeks
newbie
Activity: 91
Merit: 0
One thing people have missed from this recommendation is that it is not a recommendation of no regulation. It just does not recommend creating new regulation specifically for cryptocurrency. There is a difference and a significant one. It just means traditional regulation will be used for cryptocurrency.

I am not quite sure if traditional methods of regulation would apply to cryptos.
Cryptocurrency is operating in a decentralized platform, unlike banks with which transactions are closely monitored, like indicating sources of accounts, purposes of sending out, relation to recipient and others.
I believe this traditional way of doing it does not really apply to cryptos.
hero member
Activity: 1694
Merit: 541
Finally a positive news for the market to move higher from the correction we had last week, i am not sure when the next meeting will be ,but in my opinion we will be seeing regulations down the line,this is a new market and it might need some time to have a rule set ,the main worry is about the scams and how to prevent that in the future,i would like to see how the market will react and how long this green run will continue before another bad news. Wink
full member
Activity: 462
Merit: 101
BitcoinSN - The Real Bitcoin!!!
The G20 has announced good news for bitcoin ruling out the possibility of new regulations for cryptos by its regulator. Bitcoin bulls had a positive reaction to this report that saw prices recover tremendously.

Full article: https://cryptonewsmagnet.com/good-news-bitcoin-g20-says-no-crackdown-cryptocurrencies/

Well, thanks for sharing the article link and i think the movement has started and this positive rally due to the news effect has been changig the minds of buyers who were sitting on the side to buy the bitcoin for now. I would like to add that if the momentum increases on rising prices then you can expect the chart analysis to help you in this matter by giving you the right trend and market direction. You just do some chart analysis from your side so that you get the idea from yourself.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
I haven't followed the news closely but from what I get, They didn't really say "no crackdown" but rather starting to figure out they can't really regulate the cryptocurrency industry. Christine Lagarde wants to use the blockchain technology with the hope to regulate.... something using blockchain, Do you see the irony?
It is not really that surprising the blockchain has the potential to both free us or enslave us, after all in the blockchain it is every transaction ever made, which means that if bitcoin was ever replaced by a private blockchain created by a government or a group of governments they will be able to monitor every single movement that you make with your money, so they see the potential in the blockchain, what they need to figure out is how to destroy bitcoin.
newbie
Activity: 157
Merit: 0
that good news thank for sharing
ah something like this what we waiting for some a goodnews not just a bad,
i know if more you famous more people will search your bad side but this to many for bitcoin
full member
Activity: 714
Merit: 160
The G20 has announced good news for bitcoin ruling out the possibility of new regulations for cryptos by its regulator. Bitcoin bulls had a positive reaction to this report that saw prices recover tremendously.

Full article: https://cryptonewsmagnet.com/good-news-bitcoin-g20-says-no-crackdown-cryptocurrencies/

Yeah i already know this news and happy to hear that...
this news really affect to cryptocurrency market and make all cryptocurrencies price back to turned green again...
Time to take some profits from my coins...  Smiley
hero member
Activity: 1890
Merit: 831
Prices aren't recovering tremendously! Not right now .. but they can be expected to.. and I don't think that one should forget that cryptocurrencies are providing stable income for many! And this is something that government won't look off !
sr. member
Activity: 462
Merit: 252
this is indeed good news as this could have presented a number of difficulties for crypto currencies as this is a international forum for these 20 countries and banks .It therefore would only have added to bitcoins stress load had the news been any different , it must be noted that this grouping was formed with the main intention of discussing policy pertaining to the promotion of international financial stability it is definitely a powerful bloc as it accounts for 85% of the gross world product , this is an indication of the power this organization wields. so this news is indeed very good news as it must mean that they see a role which cryptos will play in helping to maintain international financial stability.Lets just be patient as this is obviously a race for those who can endure .
full member
Activity: 266
Merit: 151
First crypto index traded as a token!
This good news is what we've been waiting for. It took a while and bitcoin dropped because of the fear of what the G20 discussion would bring. Now that Bitcoin is over 8K, let's hope the price keeps increasing and that it will soon hit 30K. With all the positive news, it shouldn't be too hard.
sr. member
Activity: 868
Merit: 266
for g20 summit, no news is good news
I beg to differ because this is really a very good news for Bitcoins and cryptocurrency as a whole and the impact is very instant because i can see the cryptocurrencies steadily rising as a result of the decision that they took.
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