Topic: Has bitcoin price reached its peak? - page 2. (Read 402 times)
No, Bitcoin has still not reached its peak. because until now bitcoin is continuously fluctuating as the hours go by, so I think that there will be more to come when it comes to the price of bitcoin. so we might as well wait for the future and hold our coins until we see the bright future of bitcoin.
I read your post and I think this is not a bit alarming. Japan has always been very much open to cryptocurrencies. In fact, it has openly released several official statements in the past showing friendly stance not only toward Bitcoin but also toward other cryptocurrencies. Of course, there are laws that have to be followed for these cryptocurrency exchanges. They have to follow and abide with these laws no matter what, but these are not laws banning or strictly tightening the regulation against Bitcoin and cryptocurrencies.
NO. Bitcoin is still developing and hasn't even reached half its potential, the prices are still wavering and very unstable currently coz of the red zone but BTC will reach its peak and when it does, the indicators will be visible
I don't think one country regulation or ban will affect Bitcoin and the price currently trending is lasting for 2 months but the news you have quoted no where related to the current Bitcoin price down trend. Hopefully Bitcoin price will rise at anytime and all the negative news about it will be changes in to positive in a minute.
Japan has become one of the largest markets in the world for cryptocurrencies. Trading in bitcoin-Japanese yen accounted for about 57.6 percent of total bitcoin trading volume, according to CryptoCompare.
Japanese authorities recognized bitcoin as legal tender last April and require cryptocurrency exchanges to register with the government. Sixteen exchanges have done so, March 7, reported by FuninUSA.
Hong Kong-based Binance was operating in Japan through the internet without a license for a virtual currency exchange. Recently, Japan’s Financial Services Agency issued a warning Friday to major cryptocurrency exchange Binance for operating without registration in the country.
Binance CEO Changpeng Zhao confirmed receipt of the warning, tweeting: "Our lawyers called JFSA immediately, and will find a solution.” Reported in FuninUSA, Zhao has once expressed that the company tried to get a license in Japan but has decided to remove its staff from its office.
Bitcoin traded 3.4 percent lower near $8,417, according to CoinDesk at 10:20 a.m. ET. As you know, this price is nearly half the price when bitcoin hit its highest price last year.
With the stricter regulation of cryptocurrency, what do you think is the trend of bitcoin price? Also, what’s the possibility that bitcoin would become a prevalent method of payment?
For me not yet reach its high peak but I keep in trust that soon will reach the high peak so that all bitcoiners will going to be happy Japanese authorities recognized bitcoin as legal tender last April and require cryptocurrency exchanges to register with the government. Sixteen exchanges have done so, March 7, reported by FuninUSA.
Hong Kong-based Binance was operating in Japan through the internet without a license for a virtual currency exchange. Recently, Japan’s Financial Services Agency issued a warning Friday to major cryptocurrency exchange Binance for operating without registration in the country.
Binance CEO Changpeng Zhao confirmed receipt of the warning, tweeting: "Our lawyers called JFSA immediately, and will find a solution.” Reported in FuninUSA, Zhao has once expressed that the company tried to get a license in Japan but has decided to remove its staff from its office.
Bitcoin traded 3.4 percent lower near $8,417, according to CoinDesk at 10:20 a.m. ET. As you know, this price is nearly half the price when bitcoin hit its highest price last year.
With the stricter regulation of cryptocurrency, what do you think is the trend of bitcoin price? Also, what’s the possibility that bitcoin would become a prevalent method of payment?
In my assumption, bitcoin has not yet reached it's peak where I believe this will be making a significant change in the crypto market. This current dip could have been some adjustment period of bitcoin and may somehow progress in the coming weeks which it usually does. Now could be the right time in holding your btc's and don't let your emotion be the source of your decision in selling it which is wrong thing to do. Patiently wait for the bullish run that almost everybody would wanted to happen.
As far I understand, that news is about legal documentation on Japan Authorities and nothing to do with bitcoin. For a few years, bitcoin dont have regulation and bitcoin price reaching $20k, and latest news that member of G20 country will issueing regulation on cyrptomarket
With the stricter regulation of cryptocurrency, what do you think is the trend of bitcoin price? Also, what’s the possibility that bitcoin would become a prevalent method of payment?
i don't think the regulations were exactly strict, they are usually good and in this case they seemed to be. and regulations of an altcoin exchange doesn't really affect bitcoin price. in fact if more exchanges become regulated we may see a much higher bitcoin price as more people will trust regulated exchanges than non-regulated shady ones and that trust will help them invest in bitcoin whereas they have been staying away because of lack of it.
No,its is not because still bitcoin is not used by all the people in the world there is only about 10% of people using bitcoin.SInce the price of bitcoin is based on the demand of it so the price will be at its peak when 100% of people using it.
Setting the limits of a currency means that the currency has become centralized.
If this happens with the Bitcoin, it will lose one of its most important features and therefore may collapse.
Attempts to regulate are attempts to regulate the process of cash out, but with increased demand for these cryptocurrencies Can be used without conversions/cashout
If this happens with the Bitcoin, it will lose one of its most important features and therefore may collapse.
Attempts to regulate are attempts to regulate the process of cash out, but with increased demand for these cryptocurrencies Can be used without conversions/cashout
I think also Bitcoin has not reach its price peak yet. Since its still in early stage yet for the cryptocurrency-birth and still on the stage for people to acknowledged it. If I may predict its price, maybe it will reach to $50k dollars but not this year.
Japan has become one of the largest markets in the world for cryptocurrencies. Trading in bitcoin-Japanese yen accounted for about 57.6 percent of total bitcoin trading volume, according to CryptoCompare.
Japanese authorities recognized bitcoin as legal tender last April and require cryptocurrency exchanges to register with the government. Sixteen exchanges have done so, March 7, reported by FuninUSA.
Hong Kong-based Binance was operating in Japan through the internet without a license for a virtual currency exchange. Recently, Japan’s Financial Services Agency issued a warning Friday to major cryptocurrency exchange Binance for operating without registration in the country.
Binance CEO Changpeng Zhao confirmed receipt of the warning, tweeting: "Our lawyers called JFSA immediately, and will find a solution.” Reported in FuninUSA, Zhao has once expressed that the company tried to get a license in Japan but has decided to remove its staff from its office.
Bitcoin traded 3.4 percent lower near $8,417, according to CoinDesk at 10:20 a.m. ET. As you know, this price is nearly half the price when bitcoin hit its highest price last year.
With the stricter regulation of cryptocurrency, what do you think is the trend of bitcoin price? Also, what’s the possibility that bitcoin would become a prevalent method of payment?
For me not yet reach its high peak but I keep in trust that soon will reach the high peak so that all bitcoiners will going to be happy Japanese authorities recognized bitcoin as legal tender last April and require cryptocurrency exchanges to register with the government. Sixteen exchanges have done so, March 7, reported by FuninUSA.
Hong Kong-based Binance was operating in Japan through the internet without a license for a virtual currency exchange. Recently, Japan’s Financial Services Agency issued a warning Friday to major cryptocurrency exchange Binance for operating without registration in the country.
Binance CEO Changpeng Zhao confirmed receipt of the warning, tweeting: "Our lawyers called JFSA immediately, and will find a solution.” Reported in FuninUSA, Zhao has once expressed that the company tried to get a license in Japan but has decided to remove its staff from its office.
Bitcoin traded 3.4 percent lower near $8,417, according to CoinDesk at 10:20 a.m. ET. As you know, this price is nearly half the price when bitcoin hit its highest price last year.
With the stricter regulation of cryptocurrency, what do you think is the trend of bitcoin price? Also, what’s the possibility that bitcoin would become a prevalent method of payment?
Japan has become one of the largest markets in the world for cryptocurrencies. Trading in bitcoin-Japanese yen accounted for about 57.6 percent of total bitcoin trading volume, according to CryptoCompare.
Japanese authorities recognized bitcoin as legal tender last April and require cryptocurrency exchanges to register with the government. Sixteen exchanges have done so, March 7, reported by FuninUSA.
Hong Kong-based Binance was operating in Japan through the internet without a license for a virtual currency exchange. Recently, Japan’s Financial Services Agency issued a warning Friday to major cryptocurrency exchange Binance for operating without registration in the country.
Binance CEO Changpeng Zhao confirmed receipt of the warning, tweeting: "Our lawyers called JFSA immediately, and will find a solution.” Reported in FuninUSA, Zhao has once expressed that the company tried to get a license in Japan but has decided to remove its staff from its office.
Bitcoin traded 3.4 percent lower near $8,417, according to CoinDesk at 10:20 a.m. ET. As you know, this price is nearly half the price when bitcoin hit its highest price last year.
With the stricter regulation of cryptocurrency, what do you think is the trend of bitcoin price? Also, what’s the possibility that bitcoin would become a prevalent method of payment?
I am sure the bitcoin can now control the market price to a better direction. If the market price goes up gradually, down too slowly. If the bitcoin has become the payment method is valid, it will be more of a community using bitcoin in future. Japanese authorities recognized bitcoin as legal tender last April and require cryptocurrency exchanges to register with the government. Sixteen exchanges have done so, March 7, reported by FuninUSA.
Hong Kong-based Binance was operating in Japan through the internet without a license for a virtual currency exchange. Recently, Japan’s Financial Services Agency issued a warning Friday to major cryptocurrency exchange Binance for operating without registration in the country.
Binance CEO Changpeng Zhao confirmed receipt of the warning, tweeting: "Our lawyers called JFSA immediately, and will find a solution.” Reported in FuninUSA, Zhao has once expressed that the company tried to get a license in Japan but has decided to remove its staff from its office.
Bitcoin traded 3.4 percent lower near $8,417, according to CoinDesk at 10:20 a.m. ET. As you know, this price is nearly half the price when bitcoin hit its highest price last year.
With the stricter regulation of cryptocurrency, what do you think is the trend of bitcoin price? Also, what’s the possibility that bitcoin would become a prevalent method of payment?
I don't think Bitcoin has reached its peak as yet, the potential for the increase in user base for the whole cryptocurrency markets is huge, and within another 3 - 5 years I think the market cap will have doubled or tripled from the current levels. Bitcoin will pass $20,000 during this period without much difficulty
Maybe for this time being, Bitcoin price is stabilizing in $8k-$9k and I think it's all good for now as there is no reason for it to fall down to a new low or even get to a new all time high. Last year was a great year for Bitcoin's price increased and we must be thankful for that especially to those early investor that made a good profit.
I think if Segwit will go through with full implementation of Lightning Network this year then we can expect another massive increase for Bitcoin and I really believe that it will happen.
I think if Segwit will go through with full implementation of Lightning Network this year then we can expect another massive increase for Bitcoin and I really believe that it will happen.
I don't think that Bitcoin has reached its peak. We are still far from actual BTC price. Bitcoin price might increase thanks to wider adoption. More people might become interested in Bitcoin after it starts to be faster. Currently it is very reliable but transactions are quite expensive when there are a lot of unconfirmed transactions.
I think that bitcoin price today is legit , because when you see bitcoin market cap around 140 billion dollars and the global market cap is around 330 billion dollars so you understand that bitcoin represent around 40 % of the global market cap , remember when bitcoin hits 20 K on December 2017 his market cap was around 300 billion and the global market cap was around 1K billion dollars so bitcoin price right now is related with global investment because there is no the same amount of money of investment in cryptocurrencies , so when the investors put their money into crypto again definitely the price of almost all cryptocurrencies will go up again . Just wait till the end of this year .
Yes!bitcoin has not reached it peak because it has once hit all time high of 20000$ last year 2017 and with the current price of 8400$, i think this current price does not determine it peak and obviously, bitcoin is yet to hit its peak in my opinion.
none of the things you put in here such as Japan, Binance, regulations,... has anything to do with the actual question you are asking! and why would you even think that? bitcoin is not even adopted by enough people to call it adoption let alone mass adoption!
it has a long way ahead of it and it may take years to get there and during this time price will continue to rise. and it will only reach its "peak" when it reaches mass adoption and by then the rises will be small.
i dare say we are at only 0.1% of the journey to the top.
it has a long way ahead of it and it may take years to get there and during this time price will continue to rise. and it will only reach its "peak" when it reaches mass adoption and by then the rises will be small.
i dare say we are at only 0.1% of the journey to the top.
It should make no significant difference if exchanges and other services are being targeted in Japan, because the traders will find a way to trade. We saw the same thing happening in China and the people still found ways to trade. Japan was quick to define and accept Bitcoin as a currency, but now they are making it difficult for people to trade openly.
They implemented strict regulations and also high taxes on Crypto currencies.
They implemented strict regulations and also high taxes on Crypto currencies.
For me, to be honest, Bitcoin hasn't reached its peak. It's just a matter of time that it's a bit shaky as it goes up and down for a while. Maybe we could expect again for btc to go higher by May or June. Just don't lose hope! Hold a little bit longer and have faith. Don't let other's confuse your mind, just do what your heart and mind wants for the first place. Just picture your goal and purpose in life.
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