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Topic: Has bitcoin price reached its peak? - page 3. (Read 402 times)

full member
Activity: 406
Merit: 100
March 26, 2018, 01:03:22 AM
#11
I don't think so, it's only a first milestone what it reached during Dec 17.I am also confident that it will touch many more peaks in the future, what we need is patience and keep buying when it dips. That's the reason of success. I am also confident that it will make many more millionaires in the future or in the coming days.
Ctn
sr. member
Activity: 644
Merit: 259
March 26, 2018, 01:01:41 AM
#10
Quote
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.

We know very well that upto this point whatever is written is all about the Japan and this country is completely in favour of the crypto currency. This is why they also managed to gather many financial ministers together and tried to have the Gobal Summit to bring the crypto currency under legal tender. Many countries accepted it too and this will impact the bitcoin prices real soon and we need to give time for that to happen.

Japan is always excelling in the crypto currency and that is why they were able to finance so many exchanger in so short period of time.

Quote
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.

That is just temporary and as I mentioned earlier it is all about the time that we need to spend on the current and future developments of the bitcoin to push the prices upwards.

Quote
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? Huh

This is global question and it can be solved with different countries coming together. This is not about the single country and we cant really say anything about it until all the countries regulations comes under one roof!
newbie
Activity: 308
Merit: 0
March 26, 2018, 12:53:03 AM
#9
Bitcoin is at low now. But I think it’s gonna rise soon. I don't think we have reached the peak. BTC is getting more attention than ever. Its gonna result positively in long run. Warning won't affect Binance that much, rather it’s gonna get positive momentum while they set their base in Malta.
newbie
Activity: 103
Merit: 0
March 24, 2018, 10:59:20 AM
#8
Not at all. With the amount of new investors coming in it won't be long until demand outweighs supply in bitcoin and once it does, it will be the driving force to drive the price even higher.
newbie
Activity: 122
Merit: 0
March 24, 2018, 10:33:44 AM
#7
I think bitcoin has not reached its peak yet and is yet to. Considering the current regulations put forward by the US and Germany and other influential countries, bitcoin will continue gaining much popularity and I think this will go a long way help the price peak at the end of the year. I am very optimistic about this.
sr. member
Activity: 1176
Merit: 250
Buzz App - Spin wheel, farm rewards
March 24, 2018, 10:32:31 AM
#6
if many countries follow developments like japan country I think going to make bitcoin as a common means of payment. and if various countries do the approval and legalize bitcoin like bitcoin japan will have a price at the peak.
full member
Activity: 462
Merit: 104
Crypto Marketer For Whales
March 24, 2018, 10:27:00 AM
#5
There are other counties where Bitcoin is completely legal. It's most possible that the people form countries where regulations on Bitcoin are tight move to the counterpart. However, Bitcoin hasn't reached its peak yet despite all the FUD and panic selling. Bitcoin will definitely become a method of payment for the majority in the next few years.
newbie
Activity: 42
Merit: 0
March 24, 2018, 10:20:52 AM
#4
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? Huh


I do not think we had seen the peak yet. These figures might look quite big seeing the prices from where it started but it also took 8 years to happen.
member
Activity: 266
Merit: 32
March 24, 2018, 10:20:29 AM
#3
Coinbase visitors fell from 170,000,000 to 63,000,000 in 3 months. Coinbase runs Bitcoin. $6,000 looks like the upper limit for Bitcoin.
member
Activity: 128
Merit: 10
March 24, 2018, 10:11:58 AM
#2
At present, BTC should be at a low price. In the long term, BTC will also increase a lot of times, only we can hold for a long time, there will be a good profit.

newbie
Activity: 9
Merit: 0
March 24, 2018, 10:03:39 AM
#1
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? Huh
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