Have you heard this news of G-20 for Crypto currencies? - page 2.

LuanX3

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Quote from: hurry_hore on March 21, 2018, 12:35:32 PM

Hi all,

There is a news from G-20 talks for cryptocurencies, they call it crypto asset. I think it should be good news for crypto space as it started to be acknowledged by government then people will be encouraged to invest. Here is the link : https://icovoting.com/news/official-g20-calls-for-cryptocurrency-regulation-recommendations-by-july-2018. How do you think from that news? Is it valid?

Any news is good news for cryptocurrencies, especially when it comes from the governments. This means that they are slowly recognizing what they are. Just that I do hope that they will not impose a very restrictive regulation for its use that will lead to the technology being hindered or even completely phased-out due to the regulation.

dothebeats

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Cashback 15%

It doesn't end with the G20 summit though, that's for sure. Outside the said summit, for sure governments are trying to come up with a solution of their own to combat money laundering and bitcoin being used in illegal trades while keeping the regulations neat as possible (though some have plans to just outright ban the crypto, boo) seeing that there isn't a huge negative effect on a country's economy if they're going to regulate and acknowledge the use of crypto.

Quote from: Stedsm on March 22, 2018, 01:38:15 PM

4 Impose taxes - they will surely make some slabs for this special category they call as crypto asset, so not to lose their piece of the cake.

if a country starts to consider taxing crypto assets, this would be the start of regulating and legalizing it since the government now benefits from any trades/purchases made with the said assets. It's also a step towards public acknowledgment as well, seeing that their government are doing something with these cryptographic innovations that can act as money.

adaseb

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Basically this is typical news.

Unless Bitcoin really hits the mainstream the G20 is not going to discuss it.

Even though we all own and love Bitcoin, the common person has no idea what it is and even if they heard of it they probably don't own it.

Unless it's use really rises in the near future, they won't be discussing it.

tomahawk9

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Cats on Mars

Kinda old news since it's been posted a few times here, but yeah, this is bullish news. We already say a small recovery in the btc price (and pretty much the entire market) when the statement from the G20 summit was released, so I can only imagine how big the spike in the prices are going to be once the regulations hit the crypto market, new money from investors and the general public will most likely be the trigger to start the next bull run...or perhaps i'm being too optimistic.

Stedsm

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There were probably many things to happen:
1 Straight bans - (to stop investors to directly invest into crypto) which would give more air to wrong ways of investments in this space.
2 Legality - which is currently not possible at global level due to non-regulations.
3 Impose regulations - they are currently trying to find ways to regulate the markets, but I (we all may) fear the possibility of all this becoming part of a centralized system once it goes regulated everywhere.
4 Impose taxes - they will surely make some slabs for this special category they call as crypto asset, so not to lose their piece of the cake.
5 Criminalize it - which is impossible for them as they have also invested in this. Wink

6 Last but not the least - ACCEPT IT - which they are going to do very soon.

Their words say that Bitcoin is not a threat to the Global Economy, which means it's a clean chit for crypto world to operate without taking much stress aboard.

Kingofbitcoin12345

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News like this one won’t be just an ordinary that the crypto community won’t have any information about or haven’t heard.. It is just that good news aren’t as controversial as the bad news,, they’re mostly been given a much lower attention for it won’t be a good thing for some..

Take this news as a black small period in a blank white paper.. It’s dominance dictates the marketing..

risatrakib

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Yes i have heard that news . This is very good news for cryptocurrencey . As you can see the price of bitcoin after that news , Its rising very rapidly .Hope bitcoin price will hit 10k very soon .

homhay

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I think that is a great news for crypto future. I also have read about G20 finally decide bitcoin have not risk for world economy. About acknowledge government, that the one can make we breathe a free.

Hemady17

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Quote from: hurry_hore on March 21, 2018, 12:35:32 PM

Hi all,

There is a news from G-20 talks for cryptocurencies, they call it crypto asset. I think it should be good news for crypto space as it started to be acknowledged by government then people will be encouraged to invest. Here is the link : https://icovoting.com/news/official-g20-calls-for-cryptocurrency-regulation-recommendations-by-july-2018. How do you think from that news? Is it valid?

I actually hear it the other day but not seen or read the actual article and I’m glad that the result turns out to be positive. This is big win for cryptocurrency as G-20 recognizes it as an asset. We can expect that the price of crypto to stabilize within two weeks. Traders will take advantage this kind of constructive developments.

Indrawan77

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Yes it's valid and this is quite a great news, seems like the world is ready for crypto currencies, the outcome of the g20 meeting is veey positive although there will be some agenda to discuss again, but this result had pushed btc price going up quite fast, the bullish market is the result of the the g20, hopefully the next meeting about regulation could give advantage to the investors, users and the government

WUUEX79

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Quote from: hurry_hore on March 21, 2018, 12:35:32 PM

Hi all,

There is a news from G-20 talks for cryptocurencies, they call it crypto asset. I think it should be good news for crypto space as it started to be acknowledged by government then people will be encouraged to invest. Here is the link : https://icovoting.com/news/official-g20-calls-for-cryptocurrency-regulation-recommendations-by-july-2018. How do you think from that news? Is it valid?

Of course, we hear it. The G20 meeting for cryptocurrencies (bitcoin) was a topic that was initiated by representatives of the japanese state. And we are pleased when we hear a positive initial response to cryptocurrencies.

Quote from: TravelMug on March 21, 2018, 02:36:43 PM

You living under the rock? Haven't you noticed that we have touch $9K because of the positive news that comes from that meeting?

Ha .. ha .. maybe a new op out of the water after a dive.

shulio

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The will rediscuss about the Bitcoin regulation in July. If they prefer to leave Bitcoin and crypto assets unregulated, that may have a big impact on prices.

Jating

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Quote from: omonuyak on March 21, 2018, 03:10:15 PM

I have read the news on several forums and cryptocurrencies news sites and the comments people are making about it is that it is a good news and we should expect bitcoin and other cryptocurrencies going to mainstream very soon. Many people were thinking the g20 are going to give warning about cryptocurrencies but the revise was the case and this should encourage us the enthusiasts.

You don't need to go further as this forum already has a lot of threads about the positive results coming from the G20 meeting.

Actually, one of its board advisor told that crypto is not a bad thing as only 1 % of people around the world is into, or something to that effect, I remember that it was a Sunday and the price went as low as $7500 but in a matter of hours the price jumped to $8000 and then after the meeting it ballooned to $9000 so the outcome of the G20 thing has really brought this jump in price.

omonuyak

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I have read the news on several forums and cryptocurrencies news sites and the comments people are making about it is that it is a good news and we should expect bitcoin and other cryptocurrencies going to mainstream very soon. Many people were thinking the g20 are going to give warning about cryptocurrencies but the revise was the case and this should encourage us the enthusiasts.

TravelMug

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Quote from: hurry_hore on March 21, 2018, 12:35:32 PM

Hi all,

There is a news from G-20 talks for cryptocurencies, they call it crypto asset. I think it should be good news for crypto space as it started to be acknowledged by government then people will be encouraged to invest. Here is the link : https://icovoting.com/news/official-g20-calls-for-cryptocurrency-regulation-recommendations-by-july-2018. How do you think from that news? Is it valid?

You living under the rock? Haven't you noticed that we have touch $9K because of the positive news that comes from that meeting?

So obviously, majority of us have heard that the G20 meeting has somewhat in favor of cryptocurrency that's why the prices suddenly pick up in the last 48 hours. And Yes its valid that's why I think investors started to pour their money again. But don't celebrate yet because we are still not out of the woods and needed more patience. Just be ready with your funds and purchase bitcoin because it might go for another bullrun next month.

hurry_hore

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Hi all,

There is a news from G-20 talks for cryptocurencies, they call it crypto asset. I think it should be good news for crypto space as it started to be acknowledged by government then people will be encouraged to invest. Here is the link : https://icovoting.com/news/official-g20-calls-for-cryptocurrency-regulation-recommendations-by-july-2018. How do you think from that news? Is it valid?

Topic: Have you heard this news of G-20 for Crypto currencies? - page 2. (Read 396 times)