Bitcoin and some other crypto currency come to stay because the trust the crypto community had in Bitcoin and how selfless Satoshi Nakamoto used when and after creating Bitcoin because the plan of some world leader that are against Bitcoin was to make it died that's why people like Paypal ex CEO compare Bitcoin to his autograph.
The opposition that occurs against bitcoin is because the system used by bitcoin is contrary to the system used by the government, while the government does not want to lose control, therefore it is only natural that some countries oppose it, but time will prove that with the increasingly solid bitcoin community in the world who wants bitcoin to remain on purpose the main thing 
Topic: Government policies help to grow the price of bitcoin - page 4. (Read 891 times)
if the government has discussed BTC, it means that the national media, both printed and electronic, will definitely highlight it. of course this will increasingly reach many people, and more and more people will know about cryptocurrency.
the good news, if the government supports cryptocurrency trading it will have a positive impact, on the contrary if there is a related ban it will usually cause a decline, especially if the news is issued by an influential country.
the good news, if the government supports cryptocurrency trading it will have a positive impact, on the contrary if there is a related ban it will usually cause a decline, especially if the news is issued by an influential country.
Of course it is, the truth is the people inside a one country will definitely going to trust a one thing that was new in the system if the government itself introduce it to their peopl. So yeah the government has a big part to the grow of price of bitcoin if ever the government of the said country are open minded to welcome cryptocurrency as one of the means of currency circulating inside their nation.
But as also expected there are some countries that are not interested with adopting bitcoin like Russia and others.
Bitcoin and some other crypto currency come to stay because the trust the crypto community had in Bitcoin and how selfless Satoshi Nakamoto used when and after creating Bitcoin because the plan of some world leader that are against Bitcoin was to make it died that's why people like Paypal ex CEO compare Bitcoin to his autograph.
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I guess most people will get to know bitcoins when governments start talk about it; yeah that is kind of situation in my country at least. Where people are lagging with latest technology, government policies make people to know what are happening in technological world.
if the government has discussed BTC, it means that the national media, both printed and electronic, will definitely highlight it. of course this will increasingly reach many people, and more and more people will know about cryptocurrency.I guess most people will get to know bitcoins when governments start talk about it; yeah that is kind of situation in my country at least. Where people are lagging with latest technology, government policies make people to know what are happening in technological world.
the good news, if the government supports cryptocurrency trading it will have a positive impact, on the contrary if there is a related ban it will usually cause a decline, especially if the news is issued by an influential country.
Of course the government's decision will have a big effect on the price of Bitcoin, as you have said if it turns out that the government
supports cryptocurrency and reported by many media. So I believe the Bitcoin price will go up very high, because it will make a lot of people
more confident about investing in Bitcoin. And some people who are not familiar with Bitcoin, will slowly start learning Bitcoin and there will be
a very fast mass adoption. The role of the government is indeed important to make the Bitcoin price go up very high, therefore I hope
all countries can accept cryptocurrency. But the fact is that now there are still some countries that reject cryptocurrency.
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I guess most people will get to know bitcoins when governments start talk about it; yeah that is kind of situation in my country at least. Where people are lagging with latest technology, government policies make people to know what are happening in technological world.
if the government has discussed BTC, it means that the national media, both printed and electronic, will definitely highlight it. of course this will increasingly reach many people, and more and more people will know about cryptocurrency.I guess most people will get to know bitcoins when governments start talk about it; yeah that is kind of situation in my country at least. Where people are lagging with latest technology, government policies make people to know what are happening in technological world.
the good news, if the government supports cryptocurrency trading it will have a positive impact, on the contrary if there is a related ban it will usually cause a decline, especially if the news is issued by an influential country.
Of course, if the government legalizes bitcoin as a legal means of payment, then bitcoin adoption will automatically increase. However, because several countries such as Turkey, Russia, Indonesia and several other countries still prohibit it, bitcoin adoption there is hampered. But because bitcoin doesn't just function as currency, it's still possible for us to profit from trading.
The prohibition of Bitcoin in these countries is not related to the fear that Bitcoin could supplant the national currency. The countries listed by you have a rather large shadow economy, therefore, such measures are taken solely in order to slow down the outflow of capital to the uncontrolled financial sector, so to speak. Well, of course, this is also a question of psychology ... if you forbid people to do / buy something, they will do exactly the opposite. 
You mean people will adopt more when government regulating hits on are other ways bitcoin can be used? I guess that is not a big thing for people these days as we have lots of resources to check and innovate where we need bitcoin and how to make use of it efficiently.
Of course, if the government legalizes bitcoin as a legal means of payment, then bitcoin adoption will automatically increase. However, because several countries such as Turkey, Russia, Indonesia and several other countries still prohibit it, bitcoin adoption there is hampered. But because bitcoin doesn't just function as currency, it's still possible for us to profit from trading.I guess most people will get to know bitcoins when governments start talk about it; yeah that is kind of situation in my country at least. Where people are lagging with latest technology, government policies make people to know what are happening in technological world.
True, at least the government and its opinion about bitcoin have brought a lot of people here. 
Its use as a mean of payment is prohibited because they think it is inappropriate and violate applicable regulation, this has hindered the adoption of crypto, especially bitcoin in these countries.
You mean people will adopt more when government regulating hits on are other ways bitcoin can be used? I guess that is not a big thing for people these days as we have lots of resources to check and innovate where we need bitcoin and how to make use of it efficiently.I guess most people will get to know bitcoins when governments start talk about it; yeah that is kind of situation in my country at least. Where people are lagging with latest technology, government policies make people to know what are happening in technological world.
Government policy or no policy all i want is Cryptocurrency in Nigeria should be legalized after all its not fraud
You can also add that the Turkish government recently banned the use of cryptocurrency as a means of payment. Russia is doing the same and India intends to do the same. So it's not so simple with the circulation of cryptocurrency as money.
Governments are now taking a closer look at Bitcoin and cryptocurrency in general. It is possible that if the cryptocurrency will have an impact on the global financial system in the future, then the governments will unite in order to regulate it more stringently. Some high officials are already calling for this.
Government can regulate cryptocurrency tighter than it currently is but they still can't control it. Its use as a mean of payment is prohibited because they think it is inappropriate and violate applicable regulation, this has hindered the adoption of crypto, especially bitcoin in these countries. The same situation applies in my country, but they never forbid us from trading it because crypto trading activity has been legalized as a regulated commodity asset. Governments are now taking a closer look at Bitcoin and cryptocurrency in general. It is possible that if the cryptocurrency will have an impact on the global financial system in the future, then the governments will unite in order to regulate it more stringently. Some high officials are already calling for this.
You can also add that the Turkish government recently banned the use of cryptocurrency as a means of payment. Russia is doing the same and India intends to do the same. So it's not so simple with the circulation of cryptocurrency as money.
Governments are now taking a closer look at Bitcoin and cryptocurrency in general. It is possible that if the cryptocurrency will have an impact on the global financial system in the future, then the governments will unite in order to regulate it more stringently. Some high officials are already calling for this.
Those are all examples of how governments punish bitcoin (or crypto) and not help to grow it. If we are looking for any help to grow, we can guess because there are none that is well known. For example USA is doing fine, obviously it is state by state basis and federally there hasn't been much talk aside from not banning it at least. But while some see it as great, some do not support it or do anything about it. Governments are now taking a closer look at Bitcoin and cryptocurrency in general. It is possible that if the cryptocurrency will have an impact on the global financial system in the future, then the governments will unite in order to regulate it more stringently. Some high officials are already calling for this.
It means places like Ohio, Miami, Texas and California grows in number of places that work with crypto because of how supportive those places are, while others do not see it as something great, they see it as a place that basically has legal law to keep it going but that's it. Which means even if nothing on law, if someone important in any nation, a president, a minister, anyone comes out and says something nice, even that helps out a lot for bitcoin.
what do you think
You're going to have to offer some examples on this. I'm not sure what you're getting at, there are too many ambiguities. Perhaps you could link to some direct legislation and explain their effects?
For instance, Nigerian government made a recent policy that band crypto currency and its usage in the country,they even went to the extent of blocking all accounts that have ever engaged in crypto transaction but what did that lead to,it made it to be scarce in the country and all those who had it inflated there prices by adding additional amount to it and it became the most sought after crypto and its only sold on peer to peer level now
Those policies that are against bitcoin are obviously not helping it. Instead of them making easier policies for the adoption to become quicker, they're making it difficult and that's what they think to stop bitcoin's growth.
This very much so. If the US banned bitcoin and made it illegal, do you think that would help the price or tank the price? The obvious answer is it would destroy the price. A high price is predicated on it being easy to obtain and not bringing adverse legal consequences.
But regardless of the rules that they create, bitcoin will always catch up the trend and no matter how hard and bad the policies that they make and it's against bitcoin, it will continue to thrive on its market.
Much less convinced about this. If the US makes it illegal, it's going to destroy the price and a lot of interest in it. It won't kill it off entirely, but it's not going to be a robust ecosystem when it has to function in entirely in the dark.
Doesn't the more news that raises a country's opposition to Bitcoin makes BTC even more famous? So that more and more people, institutions, and public figures are curious and interested in exploring it.
This is the point because it comes into the news often whether for positive or negative and it brings people interest into it to go for research and then the research opens people to more positive side of it. Yes I think the media is doing more good to bitcoin than we think. When the government makes a negative information about bitcoin, it is analysed both ways and people are knowledgeable enough to know what they want and they continue the use of P2P which is even getting very effective now.
what do you think
You're going to have to offer some examples on this. I'm not sure what you're getting at, there are too many ambiguities. Perhaps you could link to some direct legislation and explain their effects?
For instance, Nigerian government made a recent policy that band crypto currency and its usage in the country,they even went to the extent of blocking all accounts that have ever engaged in crypto transaction but what did that lead to,it made it to be scarce in the country and all those who had it inflated there prices by adding additional amount to it and it became the most sought after crypto and its only sold on peer to peer level now
Governments are now taking a closer look at Bitcoin and cryptocurrency in general. It is possible that if the cryptocurrency will have an impact on the global financial system in the future, then the governments will unite in order to regulate it more stringently. Some high officials are already calling for this.
Perhaps this has to do with how "media" keeps Bitcoin from being a hot topic, both in terms of negatives and positives. As we know that whatever method is used, however, the news is, sometimes we don't need to see negative or positive news. However, it is more to the effect of the news. Doesn't the more news that raises a country's opposition to Bitcoin makes BTC even more famous? So that more and more people, institutions, and public figures are curious and interested in exploring it.
There are only 50% chances as everything could be done under P2P which means governments and their central bank will lose all the control because P2P may evolve like decentralized exchanges and decentralized marketplace. Still in marketplace, I guess governments may innovate new ideas to monitor and control for taxation hence if they ban then no benefits and if they stay neutral or positive then there are possibilities for generating revenues.
Yap, that's why my government didn't forbid the crypto investment in my country because they get the benefit of every transactions that happen in the exchangers. Tax that is collected from the exchangers can be used for many programs of government. Even my president said that learning about crypto is important for millenials. I really appreciate my president talks about freedom in investment.
Indeed it does. But that still depends widely on which country you currently are located. Because even if the price of bitcoin is global, not all countries have the same culture. Hence, all have different backgrounds, perspectives and ways of reacting to various things. And if it so happened that most of these people had closed minds, then bitcoin wouldn't have been the way it is today.
These policies makes bitcoin known for other who doesn't. These setbacks by governments are just precautions that cryptocurrency is volatile and you might lost some of your hard earned money but those who have experience will not hesitate.
The scope of this post is quite wide but the point is easy to see. What I may add is that no matter what happens, bitcoin flourishes. Whether it is being bullied by banks, governments and influencial people or being raised up by some of them, bitcoin never went extinct and has become, what it is today making the people who called it ponzi or scam eat their own words and invest on the very thing that they have talked trash about.
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