Topic: Was the G20 finance meeting in Buenos Aires last july 21 & 22 trigger BTC pump? (Read 173 times)
August 01, 2018, 03:14:38 AM
There are many events happening around the world that are responsible for BTC getting pumped in the last couple of weeks. Though the link is not working but I read the news in some other site. I feel like these news are only spreading positive vibes among the crypto community and demand for BTC is rising because of that.
August 01, 2018, 01:47:23 AM
Unfortunately the link you provided seems to be broken, however, recent events like G20 finance meeting, SEC negotiating for BTC ETF and getting a 97% approval from public and countries like Costa Rica, Venezuela normalizing BTC has made the recent breakthrough for Bitcoin according to my opinion.
July 31, 2018, 08:36:07 PM
The exact reason could have been the Buenos Aires conferences or the ETF decision that was about to be made by the SEC. It seems the air is escaping that little rally we had.
July 31, 2018, 07:53:50 PM
The link given above, sadly is not working. Hence, l tried putting up some latest insights of recent Bitcoin breakthrough in my opinion. These include events such as, SEC negotiating for BTC ETF and getting above 90% approval from public and countries like Costa Rica, Venezuela, Africa. Also payment options increased with the use of Bitcoins in many well known companies like Samsung, BMW etc.
July 31, 2018, 01:19:31 AM
The investors were in HODL for a long time. To be precise, for months. So, the minute the price rose, the investors were in action and that led to this consequence.
July 30, 2018, 11:48:54 PM
Last year's G20 meeting directly promoted the prosperity of the ICO market, and it was the dramatic growth of the ICO that led to the bull market at the end of last year. I believe that this year's meeting will also become a driving force for the bull market.
July 30, 2018, 11:39:55 PM
https://btcmanager.com/g20-crypto-regulation-decision-boosts-bitcoin-to-two-month-high/
Hi guys what is your views regarding this news seems this is one of the main reason why bitcoin price suddenly goes up and we expect more news next month as ETF inclusion of btc may tackle in u.s. congress. if this iscanother positve result then bitcoin price msy unstoppable.
"Following discussions, the G20 released a statement where it said that cryptocurrencies “do not post a global financial stability risk” at present, but the asset class will remain under close examination going forward". This is the key to Bitcoin's rise Hi guys what is your views regarding this news seems this is one of the main reason why bitcoin price suddenly goes up and we expect more news next month as ETF inclusion of btc may tackle in u.s. congress. if this iscanother positve result then bitcoin price msy unstoppable.
July 30, 2018, 11:02:17 PM
Could be or could be not. What the main reason behind it is that the investors were waiting for a slight indication for the price to rise. And the minute that happened, even after weeks, the price of the BTC started to have a constant rise.
July 30, 2018, 04:58:25 AM
That meeting gives us a positive vibe. I assume ETF decision vibe made the BTC price rise higher in the market through The meeting made some effect in the BTC price also. That meeting came up with a statement which is not very hostile to Crypto-currency market. So that makes hope.
July 30, 2018, 02:47:50 AM
I guess the end of their initial meeting positively and now the day has come for the final verdict and I hope that it will be very favorable for us. I think it is a simple matter for crypto market that there has a possibilities to getting the market rise and down.
July 30, 2018, 02:34:46 AM
There has been a notable pump in the price of Bitcoin. This pump might be due to the G20 summit. This G20 summit took place on the capital of Argentina where world's 20 largest economies met. Soon after the summit, rise in price of Bitcoin was noticed.
July 30, 2018, 12:11:25 AM
From my perspective i think for G20 summit bitcoins price will rise and it happened all time before this summit was held. That’s why I think investors are the main beneficiary of this summit.
July 29, 2018, 10:56:09 AM
From my point of view most of the people are banking on G20 summit. They only talk about the progress toward the regulation of cryptocurriency. It happen before G-20 Summit.I think it wll not a cause of result on the price.
July 29, 2018, 10:14:17 AM
At the meeting, G20 nations were also encouraged to further improve communication and policy coordination to maintain macroeconomic and financial stability, while supporting multilateralism in resolving global economic and financial issues.
July 29, 2018, 09:35:41 AM
I think the meeting has ended positively, which will open the new potential for Bitcoin. Investors started investing their resources. Bitcoin prices are expected to continue. Bitcoin has increased prices by 2.4% at the same time, which is very positive.
July 29, 2018, 05:04:59 AM
if price went up with every little news that comes out then bitcoin price should have been at $10 trillion already! because there are lots of news coming out specially during the drop there has been lots of them. and meetings like this aren't going to determine bitcoin price in first place.
July 29, 2018, 04:14:20 AM
it could happen, and with the meeting it makes the price soar and it is great for the continuity of bitcoin prices in the future.
July 29, 2018, 03:45:51 AM
I never saw bitcoin on a stuck position. It’s rising day by day. There are many reason beyond this. And this is one of them. In further if bitcoin EFT approved by SEC then it will be more effective for bitcoin.
July 28, 2018, 07:34:54 AM
Declaration concerning cryptocurrencies adopted at the summit doesn’t have negative signals that’s why bullish trend wasn’t stopped and conversely intensified.
July 27, 2018, 10:56:03 PM
I also feel that the meeting is a trigger for the rise in bitcoin prices, and if I often do meetings like that I think bitcoin prices will increase consistently.
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