Topic: Yesterday India, today china, tomorrow USA - page 8. (Read 1414 times)

We're going to see a divide in the world. The free countries that don't have any capital controls are going to legalise and regulate, because they see potential in the technology.

The countries with capital controls like China are going to continue to ban, because they fear people moving money - capital flight costs them more than the benefit from bitcoin technology.

Op has some misunderstanding regarding the holding of bitcoin for a longer time period. He might have not experienced the benefits of holding bitcoin for a longer time period. Till date the price used to increase after price decrease. This time too the same is taking place, nothing needs to be complicated.

you are right, some big countries such as china and the usa countries bans them to subject these coins to taxation.

After a negative news winds. With positive news from the US, the market has been revived a bit. The market will recover again. We need more time.

11 Signs that everything is going to be ok. :sunglasses:🤘

1. Singapore just announced it has no intention of making crypto illegal.
2. The market is still 3x what it was 6 months ago
3. Australia's big 4 banks have no intention of barring people from buying crypto.
4. Banks are starting to use crypto for cross border payments.
5. The stock markets are down $1 trillion this week, crypto markets are doing better.
6. Bitcoin ATM installations are on the rise.
7. Singapore airlines wants to use block chain tech for it's loyalty program
8. Europe’s Largest Utilities company is ready and willing to Sell Renewable Energy to Cryptocurrency Miners.
9. Bittrex about to reopen user sign ups and add USD trading option.
10. CFCT chair declares that the aim is to protect the consumer with a "Do no Harm" approach to regulation.
11. Everything is on sale

What the news says and what the news means can be 2 completely different things.
While many people may feel that they got burnt buying bitcoin in December, the reality is that this is still a normal correction. No one wants to ban crypto, Tier 1 Countries have no desire to ban crypto, the world is still preparing for mass adoption, banks are not preventing people from buying crypto, big institutions are using crypto daily, the SEC aim to protect consumers against fraud in crypto and the crypto market is still larger than what it was 6 months ago.

What does all this mean?
A lot of the news in recent times have painted a rather grim picture of the crypto space - there's a lot of FUD (fear uncertainty and doubt) mixed in with fake news and rumours that fuel negative sentiment.
Take everything into consideration from a holistic point of view rather than focussing on the scary bits.

The one bit of news that needs clarity is the fear that banks are helping to 'ban' crypto by preventing people from buying crypto - this is simply not true.
Banks are stopping people from buying crypto using credit cards because frankly, it doesn't make sense that people use credit to buy other money. The banks also need to mitigate credit risk and fraud by taking this stance.

So now that you know, doesn't the future seem brighter and so much more exciting?

Remember, it's always darkest before the dawn.

Actually USA came out with positive news! This is what stabilized the market in past 24 hours.

IMO most of the big countries will come up with some level of regulation in 2018, but this is inevitably, because crypotos are too big now to ignore it.

Bad news pours on us from everywhere so we lose faith in crypto and leave the market. But we must show patience and find good news. I think one of the good news is that eBay will refuse PayPal which does not support cryptocurrencies and will switch to Adyen.

We knew this was coming everyone that took the time to actually think about the consequences of something like bitcoin appearing knew that it threatened the power of governments so it is obvious they are going to take actions against it, and yet many people decided to keep holding, does this means the price is going to decrease and adoption will be slower? Of course, is this the end? No.

US senate banking committee meeting with SEC and CFTC today has gone well for crypto community.  Good news after so many negatives from others.

The news from the US made many happy. But it's still a drop in the ocean. To resume growth, more good news is needed.

Rejoice for now guys. Hedge funds coming into the market.

Lets assume for a moment that whatever you're saying is true, if BTC and other crypto are banned in India, China, USA, and other countries, all you'll have to do is consume them from outside countries. For example, where I live currently there's no place that accepts bitcoin, but I trade it for services/items from another country that get shipped to me.
Crypto are here to stay, trying to banning them in countries is like trying to ban drugs, you can put laws and stuff, but there will always be a use for it. You just have to use them legally.

As long he is giving us a correct data that is ok with me but if there's good news coming hew should spread it also, right now things are not still good although Bitcoin is regaining investors trust. we still have to see if things will be ok or back to normal again.

Correctly noticed!Of course,regulation does not always have a positive impact on the value of the course!But it's good that the US will be allowed to use the crypto currency officially!

The market sentiment is changing a little bit and no more. But this time it looks the chart backs again to the downtrend. Crypto needs more good news to make the price of the crypto goes to the moon.
But a lot of people are in uncertainty right now.
How media was giving a lot of impacts to change people's mind just with some paragraphs.

10/10 would read again 

It's all fake news and FUD, people like to spread lies to make the price go lower and lower so they can accumulate bitcoin at a cheap price. I thought we already know that India is not planning to ban Bitcoin and the same for China. Take a look at this article : https://techcrunch.com/2018/02/03/psa-no-india-hasnt-banned-bitcoin-but-its-still-talking-tough-on-crypto/
They said it's fake.
Also the SEC and CFTC Hearing from yesterday was very positive, they just want to regulate to protect people from scam ICO.
check this article:
https://cointelegraph.com/news/sec-and-cftc-hearing-more-legitimate-icos-or-if-there-was-no-bitcoin-there-would-be-no-blockchain

Countries that hold many crypto are deliberately creating more bad news to reduce the value of coin. I believe that all this information is deliberately created so that speculators can buy bitcoin and altcoin at extremely low prices as in the past few years. So stay calm and look at the market.

The cryptocurrencies market has faced a lot of negative news affecting the exchange rate recently, causing many investors to lose a lot. This has led to sorrowfulness and succession of news related to the government's ban on Bitcoin trading in their country. If this continues, I believe investors will lose confidence in Bitcoin as well as cryptocurrencies.

What's wrong with the regulations though? The regulations will be mainly about taxation and so on. I strongly doubt that cryptocurrency will be banned to be used at all, that's absurd.  It's an innovative financial instrument from which you earn money, huge money. You earn money - you pay taxes. This was so expectable that cryptomarket will be regulated, was just a matter of time when. Or did you expect to make tons of dollars and have them all without the tax deduction? Come on, man, that's will not be possible in a long run without some shady illegal methods:)