IMF chief is in support of crypto. Keep holding

coinplus

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Quote from: tadpole_bitfrog on November 18, 2018, 11:31:37 PM

Quote from: Dacosta Osei-Tutu on November 16, 2018, 12:55:27 PM

The IMF chief has released a statement showing her strong support for crypto. If you are in crypto today, count yourself a blessing.

A link to her statement.
https://dailyhodl.com/2018/11/09/imf-chief-crypto-should-not-be-dismissed-can-benefit-the-public-with-fast-and-cheaper-transactions/

This is a good sign that the market is getting a lot of support from the big guys. So we should invest early to get a big advantage before prices start rising in the next few months.

IMF chief is not a big guy, which is just a single person who is entitled to her own opinion about cryptocurrency and does not speak entirely for the whole IMF board.

Yes sometimes, when you know there are some top people in some very solid places showing their great interest for cryptocurrency, it makes you seem a little bit relaxed that this space is going to grow more than this eventually, but it is a decentralized space, and we all particularly have a general part to play when it comes to the adoption in this space. It is not one thing only a single person can achieve, but for awareness purpose though, it is a good start.

Akpuv

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Hurray! Nice one from the IMF chief, Christine Largarde. She is a world prominent and highly influential person in the world financial sector. Glad to see her speaking well and proposing digital currency for countries.

raven7886

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Quote from: Lotermity91 on November 22, 2018, 01:49:19 AM

Quote from: krishnaverma on November 17, 2018, 08:15:49 AM

It is good to see someone with authority in support of crypto. We just need some more encouragement from influential people and this will together boost the prices of crypto.

I am holding all the coins currently because I do not think that it makes sense in selling in loss. The market is uneven but it will correct soon.

And authority like IMF that is totally about money coming and going. And yes, keep holding, for the good time is just about to come. In next month probably, we might be seeing good charismatic actions.

Well, I guess we hope so but even if we see some good action, it does not necessarily mean it is all about the IMF. Basically, this is one person's opinion, and generally, we are all entitled to her opinion which I believe she is as well entitled to hers, which in this case, referring to the IMF boss.

Yeah, just like someone rightly mentioned, things like this tend to give people hope and even create awareness, considering her position she occupied in a global organization like that, and could really help in the long run when it comes to the space growing but all the same, her supporting crypto does not necessarily mean, crypto would because of that skyrocket, there is so much to the market than meets the eye.

Siren

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Quote from: Dacosta Osei-Tutu on November 16, 2018, 12:55:27 PM

The IMF chief has released a statement showing her strong support for crypto. If you are in crypto today, count yourself a blessing.

A link to her statement.
https://dailyhodl.com/2018/11/09/imf-chief-crypto-should-not-be-dismissed-can-benefit-the-public-with-fast-and-cheaper-transactions/

This is good news for cryptonians because all we want now are good vibes to help each feeling to be at ease and pevent from panicking but words are not enough to help this market bring to growth again,we are under attack from the bitcoin cash group to bring bitcoin down,but they fail thats why this is the final move of desperation.what we have to do is keep holding and let bitcoin staybon its peak

guoyu78

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Quote from: krishnaverma on November 17, 2018, 08:15:49 AM

It is good to see someone with authority in support of crypto. We just need some more encouragement from influential people and this will together boost the prices of crypto.

I am holding all the coins currently because I do not think that it makes sense in selling in loss. The market is uneven but it will correct soon.

I think another point here to be made is the adoption rate. 5 years ago if you asked the IMF Chief what bitcoin is, they would have given you a vague answer, of course as an entity they are financially based so they would probably know some things about it but they wouldn't be really well versed in the subject. In the passing years bitcoin became so big that even IMF Chief not only knows what bitcoin and crypto is, but also supports it.

This is not some "didn't know what it is, now knows what it is" type of improvement, I mean literally supportive of it. It is incredible that bitcoin went from "money drug dealers used in silk road to buy drugs" into "IMF Chief supports idea of crypto" in just few years. I seriously think if we keep this pace up there will be some sort of world changing events involving bitcoin.

eternalgloom

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Quote from: LeGaulois on November 23, 2018, 06:03:33 AM

Christine Lagarde the same old reptiloid french lady who proposed last year to use the blockchain technology to fight the money laundering fraud & other illegal activities used with cryptos in Europe Cheesy

She was not in favor so far... There is a quote in the article looking scripted like if a 2008 crisis is coming btw...

I hope you mean that reptiloid thing ironically or have you been reading too much David Icke? Tongue

I mean I really wouldn't trust anything she says, I'm fully aware that the IMF is just about everything that's wrong with the global financial system.
Cryptocurrency is trying to reach the opposite of what these people want.

That said, it does give cryptocurrency some perceived legitimacy, at least for some people.

novokovskitve

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even it is strange that he made such statement. usually heads of such spheres treat not really kindly cryptocurrencies because they are not favorable to the bank sphere

LeGaulois

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Top Crypto Casino

Christine Lagarde the same old reptiloid french lady who proposed last year to use the blockchain technology to fight the money laundering fraud & other illegal activities used with cryptos in Europe Cheesy

She was not in favor so far... There is a quote in the article looking scripted like if a 2008 crisis is coming btw...

Tonnakyray_21

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I think that this is good for full adoption of bitcoin. They should continue and adopt it in their laws.

sudeshkumar

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THE ENERGY EFFICIENCY PROTOCOL

This is a news which may prove a silver lining in such a situation when the investors are seeing the red. It will provide somehow a sigh of relief and confidence in the crypto.

Zalura

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Quote from: Dacosta Osei-Tutu on November 16, 2018, 12:55:27 PM

The IMF chief has released a statement showing her strong support for crypto. If you are in crypto today, count yourself a blessing.

A link to her statement.
https://dailyhodl.com/2018/11/09/imf-chief-crypto-should-not-be-dismissed-can-benefit-the-public-with-fast-and-cheaper-transactions/

this is good news, good news has a big influence on the price of bitcoin in the future, so the fact is that there are many people in this world who are beginning to realize about the extraordinary potential of bitcoin, indeed the currency transition period is running, even though there are various obstacles but the fact is that bitcoin cannot be dammed by anyone.

KKH84

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Quote from: shiming on November 17, 2018, 06:38:03 AM

this is a good news. It shows that more and more people pay attention to the blockchain and pay attention to the cryptocurrency. The blockchain and cryptocurrency have technical characteristics and can contribute to our life. I hope more people will pay attention to this technology.

Yes, as the number of negative or positive news about crypto will make people curious and this is a special attraction to get to know the blockchain technology underlying crypto.

BennyK

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It is good to have such renowned person on board. But the question is, is she performing any effective awareness creation for crypto in order to influence her followers into crypto? This is what the market needs now. The market needs more investors than withdrawers at the moment.

Renaldi blackspadeteam

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the good news, they acknowledge the existence of Crypto and support it is a good thing to add to the future support of the shining crypto,
I hope they don't do nonsense, because just saying it is easy but the action is the proof.

shadyrifles

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The IMF (International Monetary Fund) chief Christine Lagarde advocates Cryptocurrencies, according to the statement by CCN she said governments could set up their own cryptocurrencies. The IMF chief is in favor of the idea of fiat cryptocurrencies. She stated that “The ways in which new technologies are lowering the cost to make financial transactions more accessible, even in very small numbers…I think it’s already massively disruptive,”
But the question remains with high electricity cost and recent Bitcoin value mining has gone for a toss, is the IMF Chief is skepticism about Bitcoin for real?

Harlot

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Finally a good news showing a big support of an international body, honestly I didn't see this news not until now even thought this was created last two weeks ago. This shows that the IMF head is not close minded when it comes to industry and is aware of the current situation we are having. This is just the start what I want to see more is the plans followed by this news, right now she is just showing open mindedness on crypto but it doesn't mean they are centered on some regulation with it.

Dacosta Osei-Tutu

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Despite all these good news, crypto is still going down and down and no one is able to come up with the cause of that. Why are people dumping so hard. Is there any bad news somewhere that I missed?

dmamigo

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Just showing support won't help the market to grow I guess, but still, it is a good approach. Will help somehow adding few members more. Will be looking forward to some serious help by IMF for the crypto industry. Keep on holding who have nothing to lose or in a loss.

Lotermity91

newbie

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Quote from: krishnaverma on November 17, 2018, 08:15:49 AM

It is good to see someone with authority in support of crypto. We just need some more encouragement from influential people and this will together boost the prices of crypto.

I am holding all the coins currently because I do not think that it makes sense in selling in loss. The market is uneven but it will correct soon.

And authority like IMF that is totally about money coming and going. And yes, keep holding, for the good time is just about to come. In next month probably, we might be seeing good charismatic actions.

tadpole_bitfrog

member

Activity: 464

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Quote from: Dacosta Osei-Tutu on November 16, 2018, 12:55:27 PM

The IMF chief has released a statement showing her strong support for crypto. If you are in crypto today, count yourself a blessing.

A link to her statement.
https://dailyhodl.com/2018/11/09/imf-chief-crypto-should-not-be-dismissed-can-benefit-the-public-with-fast-and-cheaper-transactions/

This is a good sign that the market is getting a lot of support from the big guys. So we should invest early to get a big advantage before prices start rising in the next few months.

Topic: IMF chief is in support of crypto. Keep holding (Read 552 times)