Topic: Was the G20 finance meeting in Buenos Aires last july 21 & 22 trigger BTC pump? - page 2. (Read 216 times)
July 27, 2018, 09:52:37 PM
what i think is that the rise started like it always does after we hit the bottom and the investors start coming back in after the bear market ends, And then people started trying to come up with reasons to explain the rise for themselves. not to mention that as stompix pointed out above, this wasn't even a major thing about bitcoin. their meeting wasn't particularly positive or negative.
July 25, 2018, 10:21:19 AM
I don't think so. Most people are banking on G20 summits but in all honestly, there were only talks but no formal advancement towards the state of cryptocurrencies and its regulations. Also, the movement happened way before the G20 summit started, and it seems obvious that this will not cause any major effect on the prices seeing how the previous G20 summits didn't do anything to bitcoin's state. What happened was purely speculation, traders trying to create some form of signal in order to start a bullish movement.
Though there are no formal and concrete statement with regard to crypto currency issue but i guess the statement from the G20 members which says crypto currency is not a threat or may cause financial crisis is already a good indication that there is a bright future for crypto currency ahead. July 25, 2018, 10:15:07 AM
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.
I don't actually know what are those decisions that they made there, but something triggers bitcoin to grow from that time and now we have him more than $8000 already, it cannot be not a joyful news. Hi guys what is your views regarding this news seems this is one of the main reason why bitcoin price suddenly goes up and we expect more news next month as ETF inclusion of btc may tackle in u.s. congress. if this iscanother positve result then bitcoin price msy unstoppable.
July 25, 2018, 06:47:48 AM
There wasn`t any news in my country about the G20 meeting in Buenos Aires.
The governments of the G20 countries should do 2 big reforms.
1.Create a worldwide crypto regulation,that will replace all the national regulations regarding cryptocurrency trading.
2.India and China should remove their crypto ban.
Those two reforms will easily boost bitcoin up to 20K.
The governments of the G20 countries should do 2 big reforms.
1.Create a worldwide crypto regulation,that will replace all the national regulations regarding cryptocurrency trading.
2.India and China should remove their crypto ban.
Those two reforms will easily boost bitcoin up to 20K.
July 25, 2018, 06:36:52 AM
https://btcmanager.com/g20-crypto-regulation-decision-boosts-bitcoin-to-two-month-high/
Hi guys what is your views regarding this news seems this is one of the main reason why bitcoin price suddenly goes up and we expect more news next month as ETF inclusion of btc may tackle in u.s. congress. if this iscanother positve result then bitcoin price msy unstoppable.
I guess this was the main contributor why bitcoin starts to run up as we observe bitcoin earning huge volume two days prior the G20 summit and it continue to grow until now hopefully 8.5k$ would be hit in just a day since it is traded now at 8.2k$.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.
I don't think so, just a coincidence.
July 25, 2018, 06:28:26 AM
I don't think so. Most people are banking on G20 summits but in all honestly, there were only talks but no formal advancement towards the state of cryptocurrencies and its regulations. Also, the movement happened way before the G20 summit started, and it seems obvious that this will not cause any major effect on the prices seeing how the previous G20 summits didn't do anything to bitcoin's state. What happened was purely speculation, traders trying to create some form of signal in order to start a bullish movement.
July 24, 2018, 09:40:45 AM
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.
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.
Their initial meeting ended up in a positive way and now the day has come for the final verdict and I hope that it will be very favorable to us based on their first meeting months ago. So yeah probably the meeting has trigger the interest of investors again plus the ETF of course. So its really exciting that a reversal is already on the horizon and finally can breathe a sigh of relief.
July 24, 2018, 09:14:48 AM
Probably nothing more than speculation, there was no decision on regulation taken
This is the text referring to cryptos from the G20
https://g20.org/sites/default/files/media/communique-_fmcbg_july.pdf
A wall of text that says basically nothing other that we are looking into it...
The bull run began weeks before, I doubt that this meeting (there are 4 each year) is responsible for it.
This is the text referring to cryptos from the G20
https://g20.org/sites/default/files/media/communique-_fmcbg_july.pdf
Quote
Technological innovations, including those underlying crypto—assets, can deliver significant
benefits to the financial system and the broader economy. Crypto—assets do, however, raise issues
with respect to consumer and investor protection, market integrity, tax evasion, money laundering
and terrorist financing. Crypto-assets lack the key attributes of sovereign currencies. While crypto-
assets do not at this point pose a global financial stability risk, we remain vigilant. We welcome
updates provided by the F88 and the SSBs and look forward to their further work to monitor the
potential risks of crypto—assets, and to assess multilateral responses as needed. We reiterate our
March commitments related to the implementation of the FATF standards and we ask the FATF
to clarity in October 20l8 how its standards apply to crypto—assets
benefits to the financial system and the broader economy. Crypto—assets do, however, raise issues
with respect to consumer and investor protection, market integrity, tax evasion, money laundering
and terrorist financing. Crypto-assets lack the key attributes of sovereign currencies. While crypto-
assets do not at this point pose a global financial stability risk, we remain vigilant. We welcome
updates provided by the F88 and the SSBs and look forward to their further work to monitor the
potential risks of crypto—assets, and to assess multilateral responses as needed. We reiterate our
March commitments related to the implementation of the FATF standards and we ask the FATF
to clarity in October 20l8 how its standards apply to crypto—assets
A wall of text that says basically nothing other that we are looking into it...
The bull run began weeks before, I doubt that this meeting (there are 4 each year) is responsible for it.
July 24, 2018, 09:09:44 AM
the main reason for this rise in my opinion is the fact that a lot of investors have been waiting for any kind of signal to get in. the drops and the staying at the bottom (aka $6k) which lasted a couple of weeks meant that many started getting nervous about investing in bitcoin. many investors were still having doubts and the rise removed all those doubts.
now that they are bringing their money back in the market the price is rising like this as their deposits from banks confirm.
of course there is ETF hype but it is icing on the cake.
now that they are bringing their money back in the market the price is rising like this as their deposits from banks confirm.
of course there is ETF hype but it is icing on the cake.
July 24, 2018, 09:07:08 AM
https://btcmanager.com/g20-crypto-regulation-decision-boosts-bitcoin-to-two-month-high/
Hi guys what is your views regarding this news seems this is one of the main reason why bitcoin price suddenly goes up and we expect more news next month as ETF inclusion of btc may tackle in u.s. congress. if this iscanother positve result then bitcoin price msy unstoppable.
I guess this was the main contributor why bitcoin starts to run up as we observe bitcoin earning huge volume two days prior the G20 summit and it continue to grow until now hopefully 8.5k$ would be hit in just a day since it is traded now at 8.2k$. 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 24, 2018, 08:41:04 AM
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.
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.
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