Bitcoin Forum

As many of you know - next week will be  G20 summit (https://en.wikipedia.org/wiki/2018_G20_Buenos_Aires_summit) in  Buenos Aires.
A number of attending countries have said they will focus on the regulation of crypto-currencies at this meeting.
What would be your speculations on this matter?

Hard to predict what will be the outcome of the said meeting. But we all heard that Germany and France are pushing for a heavy regulations. So I believe that this is the cause of the current downtrend that we are witnessing. Most are getting out because they wanted to see how the G20 summit on crypto will go.

I hope that it will be on our favor. Sadly though, if people see's the word regulation and crypto or bitcoin in once sentence, they became fearful, thus causing panic and made them sell everything. Let's see how it goes because I know that everyone is really waiting to the outcome in the next couple of days. Expect a big boost if everyone is very positive, but a negative result will bring another correction.

I think it's just meet up for taking picture. :) And official non meaningful speech as well.

All discuss about Governments crypto regulations  any State can do without paparazzi.... just business as usual.

Most likely, after the G20 summit, the market will begin its long-awaited growth, do you think? Summit on March 20? I do not think that it can greatly affect the market movement.

I can't wait to know the outcome of the said meeting and what the ooutcome will lead to. I am pessimistic that it is going to be positive and that the result will give the cryptospace another boost.

Hi! Do you follow Whale Panda on Twitter? He posted a link that G20 do not think that crypto has negative effect on world finance trade. So expect new BTC rise wave! But do your own research.

The G20 is not against bitcoin and cryptos, and as far as i know most of those countries are not going to create any regulation over it.

Argentina, one of the main pioneers over it, said that they will not regulate it as far as we all know.

I think that the meeting will take place in a positive way, and prices will start to grow. This is a new market, and reasonable regulation it is necessary to him.

Let me give you a guess about the possible regulations based on the cricus I've witnessed and they've witnessed:

- ICO's become illegal unless: the creators are known, pay taxes, follow further regulations
- KYC obliged to anyone owning any crypto
- crypto to fiat exchanges: transparancy redulations: tax government can look into accounts and who are behind them

I sure hope that this mess gets regulated because this couldn't last much longer.  There are too many shitcoins and too many scam ico's. I do believe that much money is to be made in crypto and that blockchain has a bright future for several reasons.  But this show just can't last much longer.

Yeah.. And I think it's so strange that investors are waiting any decision of G20.
Japan wants crypto... China doesn't. What kind of decision they can realise after G20

Ok. it looks like the G20 thing didn't see crypto as a threat so its very welcoming news for all of us and I say that its a sigh of relief to all of us. As I have commented earlier, if the outcome becomes favorable to us, then we should at least expect a big push on the price.

So currently, from as low as $7800, we are not nearing $9K which is very surprising to me. I think this is the bull run that we all have been waiting for. $10K will be the next mental barrier that we need to break and if we did then say hi again to 5 digit mark.

Just waiting for another good news to push the price of bitcoin to the 5 digits again. It looks like G20 will never try touch crypto again. Said G20 was rejected the crypto regulation.
The country can make its regulation to the crypto itself. So many people are in believe to see the price of cryptocurrency will be back again to the moon. $10k looks possible in this month.

It's nice to see market green across all coins. Hopefully it's just beginning of a bull market.

Most of the countries agreed that cryptocurrencies shouldnt be regulated because it isnt a big threat to the banks also to the governments.That is why most of the investors put their money back to the cryptocurrencies as soon as this news was released yesterday because they have now some assurance that cryptocurrencies will have some spot in the future especially when it comes to massive adoption in different countries that is why the market has been recovering from the bloodbath.

At the moment the outcome of the G20 meeting on cryptocurrencies is the conclusion that this market has no impact on the economy and finance, so the G20 decided not to intervene nor set a barrier to control cryptocurrencies. This is a positive sign for the rapid recovery of the cryptocurrencies in late 2018.

Lets be honest here and agree that crypto world need some kind of regulations, this is the wild west, sometimes its fun but boy sometimes can be really bad, if it didnt happen to you maybe you are thinking it wont happen ever, but a lot of people lost a lot of money in one way or another so some kind of regulations are mandatory

If g20 decided to discuss bitcoin or cryptocurrency at the conference, I think this is entirely an advertisement for cryptocurrencies.
In fact, the current market value of cryptocurrency does not have a significant impact on the world economy. So it's completely negligible.

I doubt if they will focus more about cryprocurrency. There are more problem in the world that needs to address rather than cryptocurrency.  Take for example the effect of global warming that we experience today. World War III is also one step behind that needs to address too.

The G20 summit problem is almost over and there is an issue that they will make certainty next month and it seems they are responding Crypto positively without BAN, so this is a new era for Crypto where all countries have started to see and yesterday had Crypto's discourse unnecessary regulation because it does not have a big effect on the global with statment like this just increasing the passion to Investors and assets back in planted on Crypto.

We all hope for this summit that it will give impetus and revolution to the whole market. If indeed all come to a consensus then the adoption of crypts at the state level can be expected, or free circulation.

And this is the problem, I think. Our crypto world must become stronger and bigger to fight with traditional economic system. While there isn't enough volume, Bitcoin and als don't cause interest and threats to the government.

I am also waiting for the result of this meeting. We'll just have to wait for it to happen. Regardless of the outcome, I think this a huge step for all cryptocurrencies.