Bitcoin Forum

We have heard all the news about countries deciding to make bitcoin as legal, the latest being Russia and Ukraine as they both are also in some political problem. Obviously with this new statement that has been made on bitcoin status in those countries, it could be regulated by the government.
What is your expectation of bitcoin ?

Expect what is unexpected, i mean even those countries that don't like bitcoin for sure in the future they will change their mind as well once all country really accepting bitcoin and some use it as a legal tender like what El Salvador did to bitcoin.
Because to be honest bitcoin is already very exposed mate. So i wouldn't be surprised if someday bitcoin becomes very legal in the near future in all over the world. Just saying.

Like El Salvador that accept bitcoin as a legal tender, the government of El Salvador bought bitcoin and make it available for their citizens using Chivo wallet which is a custodail means. I have read news very well about Russia that is working to making bitcoin a legal currency, Russian approach can be a little different but it will still also be in a way banks and exchanges regulated by Russian government will be the ones providing crypto services.

This is a way bitcoin can get more adoption but also the way more people will use custododial service. I can say you are right but not totally right because this does not make people that are using noncustododial wallet and decentralized exchanges to use centralized ones mandatorily, but having full control and privacy can be costly.

That said, I know how people behave, later they will say they are using a custodial wallet or bank because their friends have being using it for years and nothing happened, this will make more people to join using custodial wallets, exchanges and banks for their crypto holdings which is what the governments want. I am still wondering why some people like to hold bitcoin on exchanges when they know it can be hacked at anytime.

Is obvious that Russia was not bitcoin positive country earlier but now they have started a process with bitcoin for whatever reason they have make a legal status for bitcoin which other countries continue that way. Russia and China have not supported bitcoin, I think now Russia worked out, China may be the next ;D

I know about Russia-Ukraine geopolitical issue but never about Bitcoin. They are just connecting it to stocks and investments because it can react whenever there's threat to war or whatever it is about politics. Russia is against mining Bitcoin as it consumes a lot of energy and Ukraine are open to anything including the use of cryptocurrencies.
I don't really expect anything in regards of Bitcoin as I am more concerned about what would happen to the two countries if ever other countries will try to meddle with it.

If that become regulated in their country, that was their problem but I preferred not. Because if that going to happen, there is no sense in calling Bitcoin a decentralized market anymore. But I think people wouldn't tend to agree if the government will impose that rules as regulations is need not be regulated.

So whatever happened in Russia and Ukraine, that there choice. That just only happens with them, as we are different here in our place. So glad that our government never has the greediness insides to pursue crypto holders to pay taxes.

I hope that other countries that haven't decided to make bitcoin legal can accept bitcoin and make it legal so that their people can use bitcoin without fear of violating their government regulations. But it looks like it will still take some time to get countries to accept bitcoin and we have to be patient for that. But I feel that the adoption process will still go on and it could even be bigger than now because bitcoin itself has attracted the attention of many people. But unfortunately, this time we see bitcoin price is down again and make us to wait for more.

I still hope that all countries in the world open their eyes and see the great potential that bitcoin can provide. however bitcoin never makes people lose, the issue of bitcoin mining is a destroyer of the environment that has ever been heard of is only unclear news, the proof is that until now the good concept of mining Bitcoin continues to develop.

Of course this is a great news for crypto enthusiast but it doesn't mean that it will help the price. Just look at the current movement, no effects at all. So it's better not to be excited with this kind of news and let the market do it's normal thing. As we don't like hype to push the market and FOMO because what follows might be a huge dump. So it's better as what others have been saying in this market not to assume anything and just be prepared.

Bitcoin has been regulated by many governments around the world, both of them are not the first. Majority of nations as far as bitcoin is contain is still in the middle, neither legal or illegal and yet they consider putting a regulatory body to monitor it.


Nothing, it is what it is, bitcoin will continue to flourish with or without any government accepting it although it will hasten it's acceptance globally if they will make it legal.

It is fascinating that people are just talking about Russia and Ukraine legalizing Bitcoin, which of course is not true when it comes to Russia - and it has absolutely nothing to do with what happened in El Salvador where Bitcoin is a legal tender. In most countries, Bitcoin is not illegal, but people have a hard time deciding to invest in something they don't understand at first, and someone else keeps telling them they'll lose money if they do. Just take the example of the Bank of England, which is constantly negative about Bitcoin, and there are such examples all over the world.

It's a real art to make something legal, and at the same time convince people that it's bad for them - I think it's a game that the world's biggest powers are trying to play when it comes to Bitcoin.

^ I don't know these countries' laws and regulations and how their insight of BTC and other cryptocurrencies but I think they will be hard to implement to make BTC a legal tender in their place. But I am expecting adoption of BTC in the countries but it does not mean there is a legal way of adoption, probably their people are free to use BTC. But let us wait for further information for this because there is no clear information about their legalization and if that will happen it is expected that BTC will have a bull market again, we know Ukraine and Russia has a big players in investing crypto so it is expected of a massive adoption of all cryptocurrencies.

I also had time to read an article about Russia on Cointelegraph
Source: Cointelegraph (https://cointelegraph.com/news/russian-gov-t-and-central-bank-agree-to-treat-bitcoin-as-currency)
The good news is that the government has approved bitcoin as a legal currency that can be used in physical life right? But I highlighted also that what kind of report should be made, I mean an announcement to a bank or institution specialized in this matter? Could it be related to taxes? My expectation about this speculation maybe strengthen the new bullish sign.

Its a good or positive more forward on which it would be always a good news to have speaking on overall adoption and recognition.Sooner or later there would be countries which would really take the same step

specially now that El Salvador is the first place which do really make it as a legal tender and other countries do make it legalized which it is really a good sign
that we are heading into a future where crypto could really be having a bright or good future which is a good news to have.

Well, I smell that this news will lead to massive adoption and now there are too many countries that have been followed by the steps of El Salvador which is the first county to announce bitcoin as a legal tender. In this case, bitcoin will become regulated by most countries but they don't expect a full regulation on it because there are few people that can still use hiding their identities behind the decentralized exchange to cover their ass.
However, we should be thankful that most government now will not hate bitcoin anymore.

If neighboring countries will see the improvement in the economy of El Salvador, there's no doubt that some of them will think of following their route. Though some will stick to their local fiat, but more than likely some will have more friendly approach towards bitcoin. Not only neighboring countries but those that are following their progress when they declare bitcoin as legal tender.

Some governments may look in the regularization of crypto-businesses to get tax from it, but making it as legal tender just like in El Salvador may still be far-fetched from their standpoint.

For me its better not to expect something if we hear this kind of news. For example, when El Salvador broke the news months ago it didn't put a dent on the market. And even if these two countries legalise bitcoin, they are going at war which each other which balances this positive news. Regulations has been at our shoulder ever since we have our bull run in 2017. So don't be surprised if we will hear future amendments on crypto regulations globally, not just Russia or in Ukraine.

News like this generally doesn’t cause rallies anymore. We know Bitcoin is accepted and praised by many nations. So this is why with all this positive news, Bitcoin still went down.

I think depending on how the stock market performs next week, we might see Bitcoin do a huge move. Either by breaking the top pivot at $45K or going back to the mid $35Ks. Right now we are just ranging and not much is happening.

The news could be great news for bitcoin to rise again but it looks like it's still waiting for a while because the current bitcoin trend is still down. Maybe if there is still good news about bitcoin again, it can make bitcoin go back up but if the trend is still down like now, it can't make bitcoin go up. So for now, I can't expect much to see bitcoin rise and only check the state of the market now and then and if the market is still like this, there's a good chance I'll place another buy order or do nothing.

Bitcoin has become universal currency which every domination really want to adopt and absorbed to their geographical zone. But just want you to understand this conception concerning cryptocurrencies and more especially bitcoin in question, if this specific nations accept cryptocurrency as a legal tender their is no vain government can as well determine or control the fluctuations of it.

I know quite well that many up breeds are skeptical of hijacking of cryptocurrency via government legalizing it as a legal tender to a particular country, this is a digital currency that is decentralized, therefore government can regulates centralized currency only irrespective of cryptocurrency adoptions, it can't be controlled by any arms.

I don't want expectations at all but I will be positive in my outlook about the market, so many things have happened in the past that comes unexpected and so many things that we expect to happen that do not live up to our expectation, just believe that the market will be better because it will eventually get better, positive and negative news come and go and the market will just go along with it, just be flexible know when to sell and when to buy again, and support the right projects.

I already expected these before. After El Salvador and other countries started to see Bitcoin as useful and started to do some regulations about Bitcoin and not being strict to it anymore, it's become virus for me, look how it spread.
I am positive that this will continue, other countries are starting.

Nothing groundbreaking or spectacular happened in Russia and Ukraine,in regards to the Bitcoin/crypto regulation.
That was a small step in the right direction,but countries like Russia are pretty unpredictable and the Russian government/central bank could still ban cryptocurrencies at any given moment.
The crypto markets didn't react positively to the news coming from Russia and Ukraine,because almost nobody trusts the governments of Russia and Ukraine.
My expectations about Bitcoin cannot be changed by news,gossips,rumors,FUD and all sorts of BS.
My expectations about the Bitcoin price are bearish in the short term and bullish in the long term.

According to some analysts, regulation will be a key issue and the primary force driving the crypto market in 2022. The traditional financial sector is not particularly supportive of cryptocurrencies, but a full-scale ban on their use is unlikely as this could disrupt the existing financial system. Instead, many countries are likely to continue to recognize crypto assets as an additional form of collateral for existing financial instruments and derivatives, while creating stricter laws regulating the digital asset market.

I expect many countries to create special licensing and regulatory frameworks for cryptocurrencies in 2022, which will likely be in the form of a national cryptocurrency regulation regime similar to the ones already in place for traditional financial instruments.

Nothing new happened but at the same time the threats are still there. USA says something then Russia does something then Macron says something and so forth and so forth. Basically, everyone is acting crazy towards each other without doing anything. This obviously resulted with everyone to be a bit scared, they are probably withdrawing a lot of money from crypto and into cash banknotes in their hands so that they would be able to use that in case anything dangerous happens.

Russia also putting some regulations on crypto to make it harder to use caused it to be a bit more harder and some people left and considering Russia is a huge nation in these type of cases, it makes sense for it to drop the price.

It is difficult to know, I still think this year can be a good one for bitcoin however the price once again is below the 40k support level and this is causing people to once again become really nervous.

So I think that during the short term we should not expect any major positive movement by bitcoin, so this is a good time to begin to accumulate more coins with the spare capital that we have, as it is impossible to know how long this negative market conditions will last and we must take advantage of them as soon as we can.

I also believe that the adoption is going to spread like virus if people who decided to turn back on bitcoin are looking to legalize it now, it just a little time more. In regards to El Salvador, it happened within a short time, the president didn't have to waste time on allowing it to fly Which other country is going to be next apart from Ukraine and Russia. This year is looking positive for more countries to make statement on it as we are just starting a new year.



Likewise my expectations. Bitcoin dropped last week but made increase previous week and this week we may see recovery in the market because of some confidence on the news on countries deciding to support bitcoin after they spread fud about it.

I expect that the number of coins on exchanges will keep dropping like it is now and when more adoption comes people will realize there's not enough of it for everyone.
You'll see enormous squeeze one day when people keep buying one from the other pumping the price over and over because there's going to be maybe a million coins left to buy and the rest stored by countries and big investment funds.

There's a lot of fiat out there and a lot of fiat can be printed by countries for free but there's only a few million coins left to buy. The rest is held by long term hodlers and companies who know what's up like Microstrategy.

 There is no doubt in my mind %100 for sure that the legality of it will not be a problem before 2030. All of the world will make it either legal or illegal and there won't be any questions regarding this anymore. We are not going to have "x country makes bitcoin legal" or "y country bans bitcoin" type of news after that. Because that could be done once, maaaybe it could be changed eventually but at the end of the day it will be over and we are going to just stop hearing about all of these words. That is before 2030 for sure because countries need to reach a decision way before any of these reach 10 trillion dollars marketcap total and it looks like it will happen before 2030 for sure.

I don't get the precise expectation of OP, but however the increasing acceptance of bitcoin on more real time businesses is part of growth. Right now only one country have considered it legal tender whereas majority are still in study. California State is the latest to consider bitcoin as a legal tender and there is no official announcement yet. As per the ongoing market demand countries are much focused on making cryptocurrency under regulation and have their own CBDC and very few are interested in making bitcoin a legal tender.

Adoption and recognition is on the move which we could presume out that sooner or later we would really be seeing acceptance on several countries but of course you should
really expect that everything wouldnt go as planned on the first place thats why dont anticipate much that we would really be ending up on to those things that you do have
in mind.Just go with the flow and follow the trend because as long demand would remain then it would really be hard for it be gone.

Looking far and expecting the best is yet to come. After all of these political issues and when they're done, I'm expecting the usual thing. Just have a view of the future and next year, we're just another year away with the halving. Time flies so fast and again, that's a very quick passing by for which we know what to expect when the halving is about to time and when it's done. And about fundamentals, we're just starting to see more countries adopting bitcoin and more companies studying on it and wanting to hold some as they diversify it as an asset.

It is already expected ever since in the beginning that bitcoin will be adopted by many countries due to its usefulness. In the part where the country El Salvador adopt bitcoin, I actually have a bad feeling that some countries wont follow adopting bitcoin anymore because they saw how El Salvador struggle by the time bitcoin goes in a heavy dip but now that bitcoin recovers a bit, I think everyone had feel a relief now and can breathe normally especially El Salvador and maybe other countries have now changed their mind and they will now adopt bitcoin because they saw that bitcoin is really strong as it can recover no matter how long or how deep it falls.

Another bottom for bitcoin today without any major events that could justify it. All I see on the news at google regards bitcoin are headlines like:

Bitcoin was overcome - know the new promising cryptocurrency of the moment;
Goodbye bitcoin - this is the new cryptocurrency billionaires are investing on;
Bitcoin living on borrowed time - 2 new altcoins will surpass bitcoin, declares billionaire;
You won't get millionaire buying bitcoin - new crypto category has potential to turn 1000$ into 200,000$.

Only misinformation on the main news displayed by google. I can't expect anything if i don't know what is really going on...

Expect nothing but the best though the situation right now is very crucial because if the war begins, that could crash all the market as the panic will start as well. We should watch out closely the situation in Ukraine and Russia, that could be a sign for a huge bear market even on a stock market. Though Bitcoin can still be the safe haven since there’s no country that fully control Bitcoin so I expect this to become alternative if the war begins.

So, the price of Bitcoin/volatility matters this time? I think if you are using Bitcoin as just a mode of payment or as legal tender, you will be not worrying at all, but for investment it is risky.
I know most people use Bitcoin as investment or just for money, but they must know how really Bitcoin works and it is main use.

@GreatArkansas. Are you saying only as mode of payment without holding bitcoin? I agree if they hold their wealth in something more stable. However, if also held in bitcoin, volatility would certainly be more concerning if someone uses bitcoin as a mode of payment. People holding it to use as a mode of payment would presently be spending more coins than when it was $60k.

Inflation in America is 7% causing someone who holds the dollar lose 7% purchasing power. Bitcoin is -45% from the all time high price of November also causing -45% in purchasing power and I am quite certain there are people who bought bitcoin during November.

Assuming you are using bitcoin as a legal tender, customers bought goods from you totalling $5000, but when you want to buy more goods to sell firy customers, the price of bitcoin has gone down 50% making you to only have $2500 at the time. Is that not loss at the time. But you can hold and wait for the price to increase which will surely happen but it can take time.

What I have noticed is that the value of bitcoin is in its investment.

Regulation is always the best answer for us to expect adoption , because the government cannot have any power towards crypto transacting so being regulated is their main act to gather at least benefits from crypto.
i think expectation about the price as the issue towards both countries that tries to adopt bitcoin is nearly to have war.

But we can't also deny that even if we are using it on daily basis whether for investment or for dealing with other things still we will be affected since instead we pay less volume of bitcoin we tend to put up more numbers just to meet the exact amount which we want to pay to other people. But if they are into bitcoin investment or trading it then maybe we will not get worried about the price since as long as we continuously earning for sure we can earn more especially when the value rise up again.

After El Salvador, many expected already (including me) that it would make a domino effect towards other countries.

It already is. When they accepted it as a legal tender then they will regulate it. Its only a matter of time.

Bitcoin will be more popular globally, Bitcoin will be accepted and regulated by more countries in the future.
Bitcoin might be accepted by more establishments in the upcoming years. Nothing more. I don't want to expect too much as there is no surprise to it. Just expect the unexpected whether it would be negative or positive :).

But with bitcoin being legalized in the countries one by one there would be a problem in paying taxes, as in India the taxes on bitcoin investment profits is 30% which is the same tax slab that is being paid by the elite people who earn more than middle class here. And the main problem is that you just can't write off the losses if there are any in case of a bad investment in crypto, so this can be a big problem if you earn less as compared to the amount you invested in crypto and would have to still pay taxes on top of that too. On the other hand people were far better when government was turning a blind eye on crypto industry as a whole.

But bitcoin being legalized comes with ample career opportunities in the country and also now starting a crypto business would be easy as compared to when it was not a legal tender.

Anything can happen so we can expect everything which is unexpected. There is really an effect on Bitcoin price  from the  Conflict of two countries Russia and Ukraine but the conflict may pass and I hope that there is no war happen between them because market will surely suffer, I believe that there will be a great impact of the price of the war will happen so we need to pray for this country so that the conflict will end in a peaceful way.

Currently my only expectation is war FUD and all whales who gleefully try to help push down the price so they can put themselves into a desirable position to buy even more Bitcoin. After that I think we will probably see a huge and steady rise to over 100k especially once Russia starts giving crypto more attention. Although we may have reached a good bottom to buy in at already. Either way, I don't think its wise to panic sell over any oncoming news anytime soon.

Thats just my thoughts on the matter. #Stronghands

If I could remember, I think Russia once banned bitcoin and cryptocurrencies, am not sure, so I stand to be corrected, but what am driving at is that this is just the beginning, am expecting many other countries to join the bitcoin movement soon, to me, it doesn't matter whether bitcoin and cryptocurrency trading becomes regulated or not, what matter is that bitcoin is super popular and many countries are beginning to realize it's importance, soon, alot of other countries will join in making bitcoin and cryptocurrencies legal, am expecting this between now and 2025.

Russia didnt banned bitcoin totally but rather it does have some proposals to be on that point on which after that sentiment the market had plummeted out
https://www.indiatoday.in/technology/news/story/russia-proposes-ban-on-cryptocurrency-use-and-mining-will-still-allow-citizens-to-own-crypto-1902819-2022-01-21
and on the time that they had made out some word for some possible adoption or recognition then the price had been starting to recover.
Is this something new? No its not because news and sentiments like this could really neither give out some impacts or not.

If that is the problem preventing adoption of bitcoin the governments should come to the open and let the entire world know they want to regulate it and not the condemnation of it. It is clear there is no way government will allow the use of bitcoin without sorting out how it is going to benefit monetarily from it. Without regulations, the government will loose out and I do not see this being allowed.

I hope that the countries of the world can be more open to adopting bitcoin now, and hope they can follow what salvador is doing, but my only biggest hope for now is : that there will be no war between russia and ukraine because to be honest I really want to see a world full of peace without any more war anywhere. :'(

That is my concern too. If the war happens, I can't imagine how many people will suffer, and hunger will be everywhere. Kids will lose their parents. Their parents can't find their kids because they are separate in different places. Chaos will be everywhere without us knowing when it will end. Right now, I don't expect anything from the market, but I only hope the market will rise again. I also expect the adoption of bitcoin continues, and much good news comes to the public to help bitcoin get more support.

The whole trading market like stocks, commodities,cryptos etc has fallen down badly after the news of conflict between Russia and Ukraine .It has happened what i thought before the war start that market could fall down badly .The real time now it is on down trend after conflict start .The FUD are around everywhere and Whale are taking the chance and buying on deep .Who knows what will be the next on the market .I am really expecting that the situation will turn over and we can get positive news from both the side .We don't want to see any war ,We just wanna see a peaceful world with good positive trend on the market .I am holding my asset strongly and i think we need to become more patient to avoid losses .

I still have a doubt if they were really wanna change just like China, they like how to control almost everything in their country so I won't be much positive about them if they want to change. Let's just focus on the other countries that has some chances of changing like India or perhaps the other Asian countries since there has been some misunderstanding about Bitcoin to them that's why they don't trust it.

Well, we can't blame them if they don't read about what is Bitcoin or perhaps they don't need their people to have their own bank instead of depositing it to their central bank.

I'm not going to agree to cite that they will change like China. What they did is right, running and accepting Bitcoin as a legal tender in their country is of good intention, I'm not seeing a plan to take control of everything. Might, of course, a change in the mind of their leaders could lead to that way but that seems a less chance, unless there is a hidden agenda behind this adoption.

I'd love to see Bitcoin become a legal tender worldwide but if the purpose is to make it centralized, well, it doesn't make sense.

Bitcoin is going to force their hands, governments have problems with bitcoin because there are things they like and things they do not like, on one hand they would like to make it legal and get a lot of taxes out of this new revolutionary industry, which could also help the economy of their countries and produce new jobs.

But on the other hand they fear that bitcoin will achieve all of this and at the same time weaken their position and the power of banks as well, so they are facing a difficult decision, this is why they are  trying to put all kind of restrictions on bitcoin to get the best of both worlds, but they will fail and bitcoin will become so big that they will prefer to get a piece of the action even if over the long term this decision weakens them.

Of course, my hope is that all countries decide to make bitcoin legal, such as Russia, Ukraine, and El Salvador, who first made bitcoin a legal tender. If a country has legalized cryptocurrency then the local people are calm to buy and trade bitcoin and other cryptocurrencies.

Isn't that something that should not happen to a decentralized asset like bitcoin?

But I don't think the government is able to control bitcoin including its price (price fluctuation) because the market is determined by supply and demand. It makes sense for governments to be able to control bitcoin users with regulation but not bitcoin and its price. Traders are those who can sell and buy bitcoin based on supply and demand price that are adjusted to market condition, so in my opinion the government will not be able to control the price even if they manage to control the users. If the government manages to regulate price fluctuations then what is the point of decentralizing bitcoin in your opinion?

Adoption has been widespread and what happened to Russia and Ukraine is not because of it, it was a different story but the effect in the crypto market is big. But I'm not seeing this will lead to change how Bitcoin is known to us having a decentralized platform, it will still remain in that position.

What I'm expecting of Bitcoin is that sooner or later more countries will adopt this and the price may grow multiple times. But I was afraid that the manipulation may cause more volatility in the market than we thought.

Update on Ukraine and Russia, war is already happening between the two countries.

About regulation, well, I think that's important, as much as we want to preserve the privacy or anonymity of transactions but we cannot neglect the risk that the government could ban it if they cannot regulate it. Once crypto is regulated, people would easily adopt it as they know there's no risk of using it anymore, let us already believe that real usage results in adoption, not from people who buy and sell when there's hype as they are the reasons why the market is so volatile.

There must be the right speed/acceleration of the adoption , otherwisee the world might be in total chaos , i dont mind with the current cryptocurrency development , the adoption going really well and smooth everywhere around the world and i personally satisfying enough to see it.

Expecting cryptocurrency to become world standard currency while the people themselves arent ready , it's mean nothing , it wont work for sure so yeah there must be the right speed of acceleration/adoption.

day after day, bitcoin is increasingly seen as a unifier. The conflict that occurred in these two countries has captured the world's attention, with a statement from that two countries that regulate Bitcoin, it will definitely make bitcoin's prestige even stronger

My biggest expectation right now is of course my country can regulate Bitcoin as well and let transactions with BITCOIN be free to do

My expectations are for Wall Street to continue scooping up Bitcoin to manage for their investment funds while eyeballing juicy management fees. Individual holders will continue being chased out of the market with volatility, fears, and temptation of owning mansions and flashy cars.

Price wise, I expect things to be a bit rocky as the US Govt auctions off the confiscated billions from rapper Razzlekhan and mtgox funds hit the market. These events could drag on for a while, but I imagine once they are behind us, it will be off to the races. It will be interesting to see how much influence the 4-year cycle has after this one was interrupted before a blow off top could be realized.

The adoption of bitcoin by all civilised countries is inevitable. It is a new kind of asset that many big companies have. There are legal bitcoin exchanges in many countries. Progress does not stand still. I am sure that soon bitcoin will be something like an international settlement system on a par with CBDC.

I am expecting crypt to become like something of a foreign currency all over the world. Imagine living in a nation like Germany where you use euro, how do you see dollars or ruble or yuan or whatever? You see that as a foreign fiat right? All of your legal system is based around that? Sure, in the USA, you have dollars then you see euro or pound and what not as foreign currency right? All the legal system is done around that?

Okay, bitcoin should be like that as well. If it is decentralized and not tied to any one company or person then it should be considered that way. USDT not so much, that is tied to just one company and they should be treated differently.

Well for that case it will happen if more country especially the first world will adopt or create a law that they will make it as a legal tender nor confirming its presence on their financing system but if we always see the same things like banning or not considering it the same with fiat due to its past reputation then maybe we might struggle to see this expectations to happen.

since russian trying to banned and corrected its policy more people from world wide know about cryptocurrency , and i see alot state and countries consider bitcoin as legal tender. giant company also realize how bitcoin and cryptocurrency potential if applied in their business. mass adoption maybe will happen this year. and maybe 4 year cycle bullrun will ended too due this market participants.

So far it's early to tell, specially how Europe will adopt bitcoin or crypto. Germany has open it's door, but there are arguments specially against bitcoin now on how it affects the environment.

Might be a hard sell because as we all know, majority of the country in Europe are trying to promote "clean and green" environment.

In any case though, maybe Asia or some in Latin America will bitcoin be used and become a legal tender.

In these two countries it is possible that bitcoin does not work as expected, with regulations set by the government, moreover the two countries are currently facing war, but for other countries I don't think it will have a big effect on bitcoin's journey, there are many problems that occur in the world. , but it doesn't completely make bitcoin go down at its lowest price, if because of these two countries bitcoin will go down far, then there are other bigger influences that determine bitcoin from the past until now

I think many countries have decided  that the best approach right now for them is to try to regulate the industry, however I do not think they are going to agree with making bitcoin a legal tender.

The President and the congress at El Salvador took a huge step forward by doing something like this, after all if I am honest I was not expecting something like that to happen until at least an additional decade passed, however we cannot expect that every single political leader will be as forward thinking as them, however as times passes more countries will take the same step and that is when bitcoin will become completely unstoppable.

Hope for Bitcoin to get back on track is good, because it has been a very long time Bitcoin has not recovered after the highs it reached in the previous year to date. The hope is that this month Bitcoin can reach a price of $50K, but with the various polemics in Ukraine and Russia that are going on, it doesn't seem like it can be realized.

I think that bitcoin is doing just fine, isn't the current price right now alright? I don't think that it's going to happen this month but remember that bitcoin always does the seemingly impossible so it might make something that we don't expect. Hopefully we might be able to see bitcoin unaffected by the current conflict.

I didn't expect much about Bitcoin,  I just hope that it comes to the moment where it becomes a legal tender not just in known and developing countries but across the globe. As it was started becoming a legal tender, it can be possible that the rest will follow and those who ban Bitcoin will even change their mind as well. May this take so long but at least there is a light to such development and market improvement. Yeah, we are going that way.

I also don't expect too much from Bitcoin, I just want there are no more countries that ban Bitcoin. I also don't need to hope that Bitcoin will replace
fiat, the most important thing is that Bitcoin can be an alternative payment for me that's a good enough. But the fact is that there are still many
countries that always think negatively of Bitcoin, they prohibit the use of Bitcoin to their residents. Even though a country prohibits its residents from
using Bitcoin is a waste of time, because residents of that country can still use Bitcoin. There is always a way to be able to use Bitcoin, so why not
just legalize Bitcoin, so the government can benefit from bitcoin.

I would hope Bitcoin is not reliant on governments especially Russia which hardly acts out of principle but evasion of their own negative actions.     Someone said BTC does best when its banned in a completely ironic way, Im not sure its directly true but generally I would side with BTC doing well being not intended by anyone in power and likely we continue in that way.    Im not bullish because of governments, they cost and tax people and are often the problem we are trying to correct not a source of positive action imo

bitcoin recognized as a currency, more and more countries are adopting it, and many more are my hopes for bitcoin in the future.  this year is an extraordinary year for bitcoin, we see 2 countries ^{(Russia and Ukraine)} recognize it as a currency, more and more countries will recognize it as well, mass adoption looks very close.

Unbanning bitcoin is highly possible, a lot of countries already went in to this phase where they ban and unban btc. We can say that this is not high or too much expectation but for btc to become a legal tender I think this is the real one that is too much because this isn't easy and as we can see there's only 1 country that have done this so far.

The recent happening in the war makes other countries realize how useful btc was and after this, they might now unban btc but if your on a country where btc is still banned, you should obey the rules even if you think you can easily bypass the restriction so that you're free from trouble.

The market is simply moving in a way that it is incredibly difficult to predict, so at this point I will take whatever the market throws at me and just accept it, after all after a few days of recovery we are once again seeing the market going down and now we are again close to the 40k level, if anything I expect the current situation to last for a few more months until we know what  will be the results of the war between Russia and Ukraine.

They have no choice since some of their online transactions are being restricted so making Bitcoin legal is a big help for them. This is a good news and there will be a good effect for Bitcoin, and if more countries recognize this as legal, I can expect for the price of Bitcoin to reach a new peak before the year end.

The price is still fine because for me if Bitcoin prices above $30k are included in the stable category. I also believe that Bitcoin is able to do something difficult to reach by everyone. It could be that the impossible thing was done by Bitcoin this year or it could be next year. However, behind the positive expectations of Bitcoin, peace between the two wars that is war can occur soon.

My expectation that this war will bring more sudden that help to this market, the prices of crypto will drops more lower in the following days.

this war will last long and may affect the whole world badly .

If it brings help then why would the price drop? the beginning of the war had shock every market including in crypto and that makes the price fall but eventually countries are now in favor with crypto and that helps the price recover. The effects of war can last a little longer because Russia have targeted the nuclear power plant of Ukraine and that can cost more damage in the country. It's in the news too that other forces are now joining Ukraine, that is a sign that war's are getting extended. It seems that Russia have no plans to stop.

It's crazy to think that the war have started by two countries but later on, more and more countries are not getting involved with it.

what kind of help and hope comes here, crypto in general will be affected by the war situation that occurs in the two countries, but what we need to understand is that there is no such big impact that will affect crypto in the future, the crypto journey process has started with various events, but until now crypto is growing and correct with various kinds of problems that occur, and I don't think this situation will have a bigger impact on crypto in the future

I was expecting something big changes to happen in bitcoin market since last 10 days but nothing happened anything like that which mean the political tension between Russia and Ukraine is not significantly impacting bitcoin market anymore. At the same time, if they are making bitcoin legal in their countries then stories will be completely different but I wish war cannot be a reason for bitcoin to get into bullish mode, basically.

I am not having any changes in my view on bitcoin market since the times of last ATH occurrence. I mean there are still plenty of chances for bitcoin to get into $100k levels by mid of this year. Pandemic crisis are settling down and we may see peace talk progress from Russia hence expectation of $100 is still alive with me.

There has been a lot of expectations for bitcoin to do exactly what you said to happen. However, for some reason it did not happen. I do not know why it has been stagnant like this for a while now, sure there were a bit of drops and ups here and there but those are very tiny amounts and I do not know what to do.

If it really works out well enough then it should be doing very well, if it doesn't work out very well then there is nothing to do and just wait. I hope that it will go up, but it seems like having some hardcore resistance above and that causes it to not really go up at all. I wish that it would be something very well instead of having hard resistance.

The effect of the war is confusing, initially the price went down the minute Putin goes on live TV and declare war. But after that, the price seems to be not affected as we goes up like to $45k in matter of days.

And now the market seems to be very different, we are now below $40k levels, so there is a retracement that we are seeing and maybe this is because of the war or something else.

I also have the same hopes as you, and let's trust it will happen...

last year we saw el salvador recognize bitcoin as a legal tender in their country and this year we see ukraine and russia recognize bitcoin as a currency. in the future it will be very wild, there will be more countries that don't want to be left behind. The news that is being hot is that the president nayib inaugurated the "city of Bitcoin", with a very large investment fund, it is an ambitious project that will again make history for el salvador and bitcoin.

You can wish all the time but as llong as you are not helping Bitcoin for this to happen then all your hopes will invalid because never forget that WE as Crypto users has an obligation for this to be spread so many people will adopt and realize its value.
not just by spamming this forum but also by providing information towards people in out  surrounding to at least invest or try educating themselves to what crypto is all about and what can give this to their life and their children .

What happens is that what really affects the market is the uncertainty, so before the war began the markets were very nervous about the possibility of a war so when it finally materialized then the market went down heavily, but now that the war has become a reality the investors are dealing with it and it is not having as much of an effect as it did at the beginning of the conflict, with the obvious exceptions of Russia and Ukraine which are directly involved in the war.

No one wants war other than few people, and this time it has been taking place between Russia and Ukraine. Through this war only good that has happened is the people's realisation about having bitcoin and other cryptocurrencies. Along with this, it has provided good visibility to bitcoin.

The war sanctions over Russia led to the increased usage of bitcoin and other cryptocurrencies during the first week of the war. The same pushed the market high when the world market is experiencing decline. I don't expect the market to turn bullish or bearish, but I believe governments will get interested in hodling cryptocurrency as emergency reserve fund.

Before, Present or After it wouldnt still give out any significant effects or something which is obviously affecting it because market is always been that unpredictable on the first place which
it is always been hard for you to determine on where prices could possibly go which it is really something that you could just handle it out. So i do still stick out on whats my mindset
as always and wont be looking that much about fundamentals or sentiments around because it would really be that significant.

Those people at the top are simply too powerful, if you were to ask the majority of the people if they would like for a war to happen the vast majority will answer that question with a no, and yet here we are, the war went on just because an incredibly small minority of people hold all the power and now not only the people that opposed the war are suffering the consequences of it, they have to pay the highest price we can pay over such an useless war.

what expectation are you referring here mate? if you are asking about what would be the movement of Bitcoin price? then you can clearly see it now because of these 2 countries under War then the price of bitcoin is refraining from growing.
meaning the expectation of growing is not in the line today.

and about Ukraine and Russia considering the adoption of Bitcoin? lets not take this into consideration now and in the next following years .

I would guess that expectation of where Bitcoin will stand in the legal parts of the world. This doesn't mean that every nation needs to make it a legal tender like El Salvador makes it. But, even laws could be seen as bigger or better or worse. So, do you expect it to be better and doing great with laws, like supportive laws such as in Miami or in Texas? Or do you expect it to be more like china where it is banned and you are having trouble.

I personally believe that we should be expecting a good drop in the bad approach for the near future because most nations saw the benefit of it with the war, and there will be a lot more supportive laws from more nations.

My hope is that in the future there will be other countries that legalize Bitcoin as a legal tender like El Salvador has done. Moreover, by adopting blockchain technology, Bitcoin can overcome the financial problems of developing countries and poor countries in the world to encourage a better financial system. Therefore, hopefully in the future, more countries will decide to make bitcoin legal and blockchain technology innovation.

Regulations may come possible but probably of some limitations. I presume that once Bitcoin becomes legal in all countries, many businesses will open for this as an additional payment option. Of course, I'd preferred to remain decentralized but if the only way to help stop frauds and illegal activities using crypto, then I have to go along with the government control.

And there is one thing I saw about legalization, it helps to gain trust from the community.  Seeing Bitcoin considered as legal tender, surely changes market misconceptions and negative views. 

I think countries in Europe will not legalize Bitcoin, because we know that they are all still in the EU zone with the United States,
so don't hope for EUROPE, but for countries in ASIA, RUSSIA and AFRICA, there is still great hope for legalizing Bitcoin,
and reportedly Russia has also legalized Bitcoin there.

It is clear that the role and importance of bitcoin is growing very high by relevance.  In the geopolitical situation, bitcoin is gradually coming into the spotlight.  If Russia can decide to legalize bitcoin then Europe can give the answer and for bitcoin they are unstoppable in any related regulatory form.  Risks that could backfire would then only increase the chances that bitcoin could prove and represent.

It's just based on the current situation that they are in that Russia decided to be more friendly. But if there is no war, for sure they will continue their hard line stance against crypto because they want to promote their own CBCD.

But since everything is turning ugly on their side because of the sanctions of the West, they are looking for other means to sell their own to have some money to continue their war. So now they are thinking of allowing countries to pay them with bitcoin or any other crypto.

All possibilities is there but to mind off that even if they do have negative stance towards bitcoin but doesnt mean that it would already be final.We've seen several places or countries had changed up their perception towards

Bitcoin or cryptocurrencies as a whole thats why we cant really make out any conclusions yet on which they might be blocking or banning it for now but sooner or later when the trend and benefits could be seen then they
would really make out some u-turn move which is something to be anticipated but lets not rush things up because they would eventually coming into this manner.

true , there are several points that can be taken from this statement , because putin often do things that are beyond everyone 's expectations . But in this case I have seen so many important options in crypto development in these two countries from Ukraine and Russia. one of them is the fact that Ukraine accepts donors via crypto but the news from Russia I haven't read or seen from their social media.  but I hope these two countries are able to follow in the footsteps of Elsavador who has legalized bitcoin.

What we are worried about if bitcoin is made legal in use in the country, then bitcoin is no longer decentralized, and there will be many rules governing bitcoin's journey in the future, but on the one hand if bitcoin begins to be legalized, the level of trust of people will be even greater in carrying out investments, because people think state regulations are the safest thing to follow, it's the same as saving money in the bank

If bitcoin is legal then there will be many restrictive rules, even I'm sure the government will set a bitcoin price which may be different from market conditions, but in general if it is legalized then this is good because it will make users feel safe and not worry about the future of bitcoin.

A government can't set a price they want and if this is possible then why no one can't predict the value of bitcoin? earning a profit will be much easier then. Bitcoin is not a fiat where someone can put if how much value they want but bitcoin is a decentralized digital currency that is not controlled by someone else. Its value will depend only on the demand and supply.

Bitcoin being legalized doesn't mean that they put some strict laws in it. Being legalized only means that buying and selling bitcoin is now allowed on that country. Regulation is what makes it safer while it can also make it more stricter. More legalization means more demand but we can't avoid the fluctuations and price decline sometimes.

Governments fear just because it can't be controlled as the centralized currencies that's been into circulation printed by the government based on the gold standard. With cryptocurrency like bitcoin people try to manipulate holding a good volume, beyond that it is the market that drives itself.
Whenever a country legalise cryptocurrency it gives access to use the same. Some give limitations to be followed while using the same. It is upto the government and there is nothing to make a note connecting that governments will decide the value of bitcoin. When legalised it gives path for ease of usage which reflects in increased demand and the same might reflect in the price.

I expect that the regulation would follow and all of the prohibitions/restrictions imposed on their respective government would be unchained. Given this very unfortunate scenario, these countries would have to exercise all the means in order to revive their economy and to at least mitigate the damage brought about the war.

The beauty of cryptocurrencies in this scenario is that anyone can send donations to valid wallet address. In addition, transacting with people in these countries will be relatively easier as you bypass any third-party consensus in handling your money (plus it is unregulated).

I think this is very difficult to do because the price of bitcoin is universal and the price of bitcoin on all exchanges is the same, although there are price differences in each exchange but the amount is very small. In my opinion what is certain is that if bitcoin or crypto is legalized in a country of course everyone who owns crypto assets must pay taxes and the government must increase supervision of cryptocurrency transactions.

The government may set their own Bitcoin price? How is that even possible? What's their basis on the value? And how is that going to be relevant with Bitcoin in crypto market? Lol that's kinda complicated and impossible.
Legalising Bitcoin and imposing "restrictive rules" like you said is not going to make users safe. There's nothing more safer than using cold wallet and keep your Bitcoin on your own.
I'm not against Bitcoin legalization or regulation, because we are going to see a lot of government be doing that in the next few years.

That's crazy thought's and I'm wondering how could government do that knowing that its hard for them to control it, We might see a different approach of the government on how they will regulate it and how big the percentage the tax need by a person to pay with them. But for thinking about price? Well most provably what we are experiencing here will be the same in future as bitcoin will remain uncontrollable by any legal institutions in the world.

+1

Bitcoin will be the true measure of value since it is universal.
Wealth and cost of living will be measured with bitcoin.

And yes every developed nation needs some way to gather taxes and provide citizens basics and that's where regulations come in. The regulations are needed but also frowned upon.

Yes, many countries will make bitcoin legal in their various countries to help their youths to overcome hardship and to reduce unemployment from the land. Those countries that adopted bitcoin some years ago are really doing well in their various countries in the areas of employment and steady and stable economy they are enjoying from their countries.

Many countries has used bitcoin to solved their problems by allowing their citizens to have access to bitcoin and use it to improve their families in the areas of finance and other businesses in their land. Based on the positive results some countries has received from other countries that made bitcoin legalized, show that they will make bitcoin legalized for their people to be part of the freedom.

My hope is bitcoin can be accepted globally, now more and more crypto developers are actively campaigning in many events, for example crypto.com, coinbase and others are active in the NBA, UFC to football, this proves that developers are very serious about presenting useful cryptocurrencies for everyone and should be legalized immediately.

My expectations may not be much different from your expectations and all of us here, I personally really hope if the legality of bitcoin is applied throughout the world and makes it an alternative payment like  as the use of dollars or euros today as a world currency, with legality that it is clear from all countries of course we as crypto fans, especially bitcoin, no longer need to worry about the assets we have, besides that global legality will certainly trigger a significant increase in bitcoin prices in the market.

I don't know for sure if Russia and Ukraine actually decided to make bitcoin legal in their countries. But if it's true then I'm sure many countries that previously didn't accept bitcoin will change their minds too to accept bitcoin to use it as legal tender as El Salvador has done. Even due to the adoption of bitcoin as a legal tender, now the tourism industry in El Salvador has soared by more than 30%. Therefore, I believe that in the future many countries in the world will take the example of El Salvador to legalize bitcoin in order to increase state revenues.

I think very soon, bitcoin will fully legalized in all the countries of the world. Bitcoin has helped many countries to reduced unemployment, poverty, and eliminated errors and delay in their daily transaction in the country. Based on the good news we have heard from bitcoin, show that many government will start making bitcoin legal for their citizens to enjoy and to help their families and business to grow in the country.

Never think that you know everything in this market because its not , lol you think legalizing will happen very soon but its now lol.
in what essence that Bitcoin helped Unemployment and Poverty ? can you specified this?  aside from you being Bounty hunter that earns peanut from your job here?
which news are those? what country are legalizing bitcoin?

Of course this is a good thing when many countries legalize bitcoin, of course when countries legalize bitcoin then rules will be made, and I think this is not a problem, even though it is regulated but I believe it will never reduce the decentralized function of bitcoin and of course a good prospect to keep the price .

I don't know about Ukraine, because there is a war going on there right now and a lot of people are officially donating cryptocurrency to this country, bitcoin among others, so you can probably say about the legal status of cryptocurrencies in Ukraine. But about Russia so far it is only a rumour. There is no official status of cryptocurrencies in Russia and there never has been. Moreover, I've heard that here it is possible to introduce criminal responsibility for storing cryptocurrencies on non-custodial and non-exchange wallets. I really don't know if this is a fud or not yet.

Personally I think it is because of the present circumstance (war) faced by both countries prompted them to legalized Bitcoin, for the Russians to ease sanctions imposed on them by USA and other European countries, example banning of SWIFT which is mainly used for transaction purposes, they adopted bitcoin to fill that vacuum created by the ban, the Ukrainians needed funds and donations for both humanitarian aids and funds to procure ammunitions that will be use to fight the war, thus resorted to legalization of bitcoin, consequently there isn't any impact on the price of bitcoin since the crisis started, the price of bitcoin has been ranging back and forth.

Rules are only made for cryptocurrencies so that there is no cyber crime that is widespread, we know that without regulation,
cryptocurrencies can indeed become a place for money laundering and can even become a money supplier for terrorists,
especially with this very anonymous person, I agree with the regulations, with Bitcoin and cryptocurrencies regulated it will be a safe place

when all countries in the world legalize bitcoin, then bitcoin decentralization function will be reduced, i believe countries will require bitcoin wallets to require their customers to KYC and pay taxes, exchanges will all be required to require their customers to KYC , banks are monitoring every transaction made to buy bitcoin or altcoins, the world of legalization will take its toll, but on the bright side it will be easier to catch scammers when people report

Dont expect too much because decisions and considerations would still really be that questionable.It might be having some probability but those are still rumors or subject to change.

Making bitcoin as a legal thing is really a good news since it do really adds up on overall adoption and recognition and this is what we do need if we do really like to see the price
or make it more valuable.Lets just not rush up because anything would really happen normally.Lets just wait up and be patient whether it would happen or not.

It's obvious by now, we don't need to wait till countries legalized them. Ever since we reaches all time high in 2017, there are a lot of them who required KYC, exchanges etc because governments are forcing everyone and making it a mandatory. So I guess this is now the basic but necessary part of countries accepting bitcoin. No more anonymity as they are going to give up in exchange of acceptance from countries and legalization.

It will eventually happen. Regardless if they changed their minds at one point, but Bitcoin has become very popular and cities and countries are gradually adopting to it, regardless of how much the media are portraying Bitcoin as a bad investment but still Bitcoin's adoption level is gradually rising.

Legalization maybe a good thing for Bitcoin, but government will always find a way to regulate it. The good thing is, they cannot control Btc transactions. So, yeah legalization is somehow a good contribution to mass adoption.

It's true don't have high hopes for the government to legalize Bitcoin, if it is time the government will definitely legalize Bitcoin. As happened
in El Salvador, where the government really supports Bitcoin by legalizing Bitcoin as a legal tender. But for other countries to do the same as
what El Salvador did it might take time. Therefore, so that we are not disappointed, let's just be grateful for the current condition, if our country
only allows Bitcoin as a digital asset we just accept such conditions. Most importantly as long as we can still use Bitcoin for investment it's a pretty
good thing, when compared to a country whose government completely prohibits the use of Bitcoin, that is a very sad thing. But I believe
if there are still countries that prohibit the use of Bitcoin, one day that country will change its mind. Most importantly we must be patient with
all government decisions and never doubt the future of Bitcoin.

Ukraine made crypto legal a while ago, it wasn't a recent thing. This is how they managed to get donations so easily as well because they have a ministry of sorts that deals with these type of digital stuff and that is how they integrated into their government as well.

Not only the regular people can use it easily without a worry and it is fully legal (and I am sure wouldn't even be taxed right now since they have bigger problems) but it is also literally used by the government itself. Russia will turn a blind eye during this period as well due to sanctions as well, I doubt that they would be able to actually punish anyone for using, when it is such a sensitive period.

It is really a good feeling that I am easily doing whatever I want with crypto in my nation. It wasn't really easy to get it going back in the day, it was good but not great so it took me a while to feel this way. Back in the day in my nation we had gray area situation, it wasn't illegal and nobody made it illegal, but nobody made it legal neither so it was always a bit of an issue.

I hoped that it would do better and eventually it did, right now it is fully legal and nobody questions what I do with it, I can basically earn it, spend it, trade it or whatever else. This wasn't something I really expected many years ago, so the fact that it is finally here makes me feel so happy.

Good to hear that mate, at least you country's decision was right in the beginning and didn't put strict restrictions so that you and others can enjoy and benefited from our bitcoin journey.

And as I have said, countries and government might be willing, but there will be trade-offs for sure. KYC and other legally mandated to identify and verify every bitcoin users in every country. And this is due to the global anti-money laundering law (AML).

That there is acceptance of donations for Ukraine in Bitcoins that are open to the public globally, but I believe affiliated countries also accept donations using Bitcoin although the address will never be found. Literally both countries open opportunities to use Bitcoin to receive donations and to avoid sanctions from European countries, I don't know if the impact of war will make Bitcoin legal and but our main hope is for the war to be stopped for the peace of the two countries.

Yes, I think the worldwide legalization of bitcoin is just the downside that bitcoin can get into.  Would it be better if it had no and only some like El Salvado, I wonder if bitcoin value reacts to what is supposed to be when El Salvado proceeds to legalize bitcoin?  but isn't bitcoin better and better in terms of role, importance, value? Why demanding and forcing into legal framework

Legalization is only good so that we can easily use bitcoin publicly without fear of breaking government laws and can help us avoid scammers, complaint when a dispute occurs
But legalizing Bitcoin will make us lose our anonymity because the government will find a way to manage our Bitcoin through KYC, worse yet, the government will intervene in the bitcoin price to make it more stable and be able to control it however they want.

this is our advantage because our country has a good stand in regards crypto so we can easily do what we wanted to , but in other country ? they are being denied of this and yes lets do the best of what we can because of this advantage .
But what is the main concern of this thread? is the prediction or our expectation on what will be in this space .

I am proud of what will be this market can create in the next years.

There is hope of course if countries have implemented a legal system for Bitcoin legally, of course if that happens it will create a system of change in the form of, economic, social and conflict, geo-political.

The reason is simple, in essence, Bitcoin can be an alternative currency based on the idea of ​​​​characteristics.
Example:
• in deflationary terms, if all countries legalized Bitcoin over time it became scarcer by supply and increasingly difficult to obtain and generate, thus automatically the price of Bitcoin will increase significantly and one more Decentralized factor.

You must know that the development of Bitcoin has entered 13 years, in terms of resilience for digital currencies it is still developing well, in terms of crypto users, adoption and so on, just imagine, from $10 to $42,500 today.

This will show if countries in the world have made a legal system, this can have an effect on good price increases in the future.

I think besides El Salvador, there are already several other countries that have made bitcoin a legal tender such as Paraguay, Ukraine, and Russia. Therefore, it is possible that other countries will consider making bitcoin a legal tender. Moreover, bitcoin can suppress the rate of inflation and has proven to be a good inflation hedge, especially during the pandemic.

wrong, those you mentioned are still on process of adoption but not to tell that it is for Legal tender , it is not that easy to tell.

though we can count them to be adopting very soon , yet it is not that happening in our time now.

and besides what EL Salvador has done that truly change the market? look at what the movement since they adopt bitcoin?

Of course my hope is that the government will soon legalize bitcoin and give citizens the freedom to transact with cryptocurrencies, it's time for the trend to change so that with cryptocurrencies it can be a better choice than just relying on fiat.

My expectation is that inflation will keep prices from looking as dreadful as they did in 2008, but the damage will be no less real.  Bitcoin will finally have to prove itself through a recession, and I think it's likely that it will be proven to be a speculative asset once the coming nightmare is over.  Billionaires seem to think it's going to be a safe haven for their funds, and I hope they're right, but I can't imagine they are.  I'm just curious if we're going to see one last selling opportunity before that happens and if the ETF approval is going to be a buy the rumor sell the news event, or if billionaires are really going to be able to prop up the crypto economy through the coming recession.

Billionaires really have a positive mindset about Bitcoin and they will put their money without thinking that anytime it will go like a bubble.
I'm in doubt about Bitcoin before but looking at how these rich people trusted Bitcoin and move their funds in here, I could just think that this was a safe haven and a worth to risk.

I'm not sure if we are going to be afraid of such inflation, in fact, fiat still has that sentiment.
Bitcoin will exist long term, the government will legalize this, global adoption will come, and the majority will use this in the future.

My hope is that in the future more countries will consider bitcoin as a legal tender as El Salvador has done. By adopting blockchain technology, Bitcoin can overcome the financial problems of developing countries and poor countries in the world so as to encourage a better financial system.

I think anyone who is investing in bitcoin also hopes that there is a lot of good news for bitcoin.  for example bitcoin will take a big step forward, all countries accept bitcoin legalization, more people will know about bitcoin then bitcoin will be widely adopted.

I hope the price of bitcoin in 2022 can reach $100k or more, this is because the ATH that happened in 2021 was almost $70k so I think the price of $100k is realistic and still within reach.

Yes, more countries will make bitcoin legal in their various countries because bitcoin has helped many countries that made it legalized to overcome hardship during the pandemic that collapsed some countries economy. I think bitcoin will really help those countries that are preparing to make bitcoin legal in their country because bitcoin has helped many countries to eliminate errors from their transaction and also reduced poverty from their land.

I think  my hope and you may not be different in this regard, I or all of us of course hope that the price of bitcoin can reach its highest price again in the near future, while for the conflicts that occur, of course, all of us do not want the conflict to continue and we hope that Russia and Ukraine can reached a peace agreement to end the current war.

What I hope is the price of bitcoin can return to the $ 60k level, I bought when rising in November 2021, and waited until now I could not sell because the price continued to decline, and unfortunately today dropped almost 10% and Bitcoin returned to under $ 35k.

BTC cannot be used on a national scale like a currency for buying a drink in a corner store every few seconds (with millions or billions of people).    So I expect BTC to develop and the overall ecosystem but I doubt I will ever think crypto takes over from FIAT completely.  Some people silver coins are the next step, I dont think that either but I dont exclude it could be done more often then right now.   I believe we diversify away from the Dollar debt based system largely because it doesnt work in a capitalist way and capitalism is better.   That would mean a whole rainbow of alternatives grows not just one path, crypto being a far larger part of world trade is already a giant unforeseen event it doesnt have to be some absolute take over to succeed or not.

I do agree that most people in the world the war to end as soon as possible. Obviously it is not going to be that easy and it is not going to end anytime soon, but at the same time we are talking about something that will not be decided by what people want, it will be decided based on what Putin wants.

If it was for anyone else the war would have been long gone, neither west nor Ukraine nor any Ally Russia has left wants this war to happen and majority of Russia doesn't want it neither. So, we are seeing thousands of dead people just because Putin wants to extort some power to the world and show everyone that he can't be beaten by anything and he is the most powerful leader.

In the midst of the war situation that occurred, Russia and Ukraine decided to legalize bitcoin in their country. However, even though it is legalized, it does not mean that bitcoin is a legal tender there, but only as a transactable asset. On the other hand, Russia can use cryptocurrencies to evade international sanctions imposed on it.

What could be the advantage to the market of these 2 countries accepting bitcoin but having war?

I don't think there is really a positive result because look at the market now it consistently decrease in value and the whole crypto is suffering from this.
Keep Hoping because it may fell down below 20k in the next following days or months.

Both the countries have already regulated the usage of cryptocurrencies. In particular Russia survived through the cryptocurrency, if not Russia could've suffered against the sanctions. It was a big defeat for the western nations that the sanctions didn't make big impact over the Russian economy as well as with their transactions.

This war is a start of a much bigger expression of rivalry , this is going to last long and not an ordinary war, Russia is trying to prove that they are unstoppable but US and other big country wanted to Hinder  this to happen.
Lets not look into single manner here , Russia Invading Ukraine is really not a good move for people who will be affected but there are several thing we must consider and those are the reason why Russia needs to do this.

the effect will reflect after the war and not this time alone , so yes there might be something we should understand because this is not the time now but the long run instead .

and the sanction will take place now , but the full effect is in the coming years and I am sure this will be a great example for every country not to invade other country unless they have real proof and worth to believe .

You are a strong Holder then mate , the price had reached almost 50k again recently but you denied selling.

There was a big correction this week the bitcoin price dropped more than 18%, of course this made many afraid and worried so that they panicked and sold bitcoin at any price even though they were losing money.

This is not what people do, to sell when there is a complete dropping because Only the manipulators will succeed in this kind of behavior we will be showing and also why need to sell when we are not having a bad need in our funds?
why not let it stay for a while so whales will not make their bags filled with profit?

I do agree that manipulators are one of the biggest pieces of the pie right now and they are the reason why the price dropped, but they are not the only ones who sold right now at all. We have plenty of small retail investors who got scared and got out as well. I have seen forums and messages and posts and telegram groups where plenty of people end up selling as well and they were in very small amounts.

I believe that we shouldn't really be considering the manipulators as the only ones who are selling, but they are the main reason why it dropped and all those people got scared and that fear ended up causing the price to drop more than it should.

The manipulators have done the worst case scenario to bring the market down, they can do that because they have a huge asset to sell at the same time to cause panic for other investors, I believe they have made a huge profit from the futures.

Yes , this is also parting those panicking in which added to the decrease in amount and prices ,  so lets face it mate and we are only here to speculate and to take a chance so do your thing and do your position for your own funds .
but instead of letting them win? why not Buy  when the whales are manipulating the prices? in this matter we can at least help the price to continue with that high .

The way I'm seeing bitcoin this time the price going below our expectations this year, now bitcoin price is just going down two four seven that means is constantly going down below our expectations of bitcoin in 2022, the price reaching 60 thousand this year is not what i think that can happen, Bitcoin will rise to surprise every one for next year and ending of this year is when it can add small value

The many fears that emerged from investors made the bitcoin price fall, the current bitcoin price has broken all predictions that say bitcoin will be able to reach the price of $100K in 2022, but I personally still believe and hope that bitcoin can get the momentum to can recovery, right now besides we pray for bitcoin to recover soon, I think this is the right time to enter the market for buy bitcoin at low prices and keep it for a long time.

$100k wont really be a smooth sail ride on where some people do really expect for it to be that way where they are expecting that this market would  be always on green or on the good side of things
without even realizing on how it do works or behaves because if you do really expect or hope that much then you would really be just finding yourself to be annoyed because
the price hadnt go on what you do expect thats why expect the unexpected because this is the reality of this market.

I expect that the market will get better and reach up to 60k$ in the first quarter of year 2022 but i was wrong market is falling and the btc os now still at 30k$ far from the number that i expected, but i am not astonished with the market because this was normal for bitcoin is fully decentralized. I am still hoping that at the end of the year btc will reach above 60k$.

Apart from the war, because Bitcoin can only be operated through the internet network and the physical main character war, of course if Russia and Ukraine want to legalize Bitcoin, that's fine, some news about the two countries regarding..Bitcoin will have a positive for it.

I think the market that continues to red almost 7 months will make many investors impatient and panic, I hope the market can rise again or at least can reach $ 45k, there will be many positive things if the price of bitcoin can return to $ 45k, which is the opportunity to skyrocket up to $ 100k will easy to achieve.

Everyone expects bitcoin to be legalized in all countries especially my place. but the current reality is that in some countries they still reject the presence of bitcoin and are considered a threat to the growth of the value of the local currency. but gradually I think they will definitely accept bitcoin even though it doesn't directly make bitcoin a legal medium of exchange.

Of course, the hope for bitcoin is that it will be more and more adopted by large institutions and other countries can legalize bitcoin so that people are not afraid to violate government rules. Although many countries do not yet have clear provisions regarding bitcoin. But I'm sure as time goes by many other countries will imitate El Salvador to legalize bitcoin because so far what El Salvador has implemented has made several countries try to legalize bitcoin in their country.

Yes, definitely many countries will legalize bitcoin in their environment to enable their citizens enjoy what other countries that made bitcoin legalized are enjoying in their various countries. Now that the price of bitcoin has dropped down to a level where poor people can buy and hold for better future to come, which many countries will use this opportunity to create a good environment for their citizens to be part of this good news that is about to happen before the end of this year 2022. Bitcoin has improved many countries that made it legalized some years ago which it can still improve the countries that are about to make it legal in their countries.

I hope that the price of Bitcoin immediately rises to at least $ 40K, if the market continues to red until the end of the year then the opportunity to rise again is certainly very difficult and takes a long time as happened in 2018, many say that this is a trend every 4 years, But I hope the negative trend will not be repeated again.

It seems that other countries may be considering following El Salvador's lead, even before the crypto market slump that started a few months ago, Central Africa had been trying to legalize bitcoin in its country.

Look money is not something these nations could come up with that easily, but consider it this way, how about a crypto tax in crypto form? Wouldn't that make more sense for everyone involved?

You are not getting a tax from something and turning that into crypto, you are doing something brand new, which is taxing crypto profits, all those exchanges and everything in crypto will be taxed, and they will have to pay the nation in bitcoin for example, do not accept anything else if you do not want to. That means, based on the economy of that nation, you will get a ton of new tax, and save that in crypto, and the longer you wait, the more money you will make.

I also hope the Bitcoin price recovers soon, but a return to $40k is unlikely to be achievable anytime soon. I don't know how long the bear market
will last. What is certain is that the drop in Bitcoin price below $20k surprised me a bit and it made some investors panic. So what I fear might
happen, where the negative trend that occurred in 2018 is repeated this year. But this year I am much more prepared to face a bear market than
what happened in 2018. Because now I've learned a lot from the bad experiences I've had, so I already know what to do when the crypto market
continues to deteriorate. What is certain is that as long as we can be patient holding the Bitcoins we have and will not sell at low prices,
we will get the profit we want in the end.

looking at the current price I would say my expectation is that for the next 3 to 5 years the price will go back to more than 60,000$ and I can reach another ATH, that would give a profit of more than 3X easy, of course I'm also worried that the price fall below 17000$ because we could see the price fall below 10,000$ and although if that happens it will be a good buying opportunity, it will also be another problem because it will take more years for the price to recover mainly because they are estimating that the russia war x ukraine will not end anytime soon and will only increase the global financial crisis

That is expected since bitcoin is not a new thing anymore and it is now starting to become mainstream. Many countries already see its potential if what it can do help innovate one's country, That is why they are now hurrying up, trying to become the earliest country to make btc as a legal tender.

Central Africa have followed the footsteps of El Salvador but I only wonder why it isn't being talked about that much, very different when El Salvador adopts btc as a legal tender where it stayed in the headlines for such a long time but I guess that's because it was the first? Other than Central Africa, there's also another one but I forget its name. There are now three of them currently.

When we dropped to 30k people were saying the same thing. Most were sure it's bear market and we will need another halving to return to 60k and we did it in a month.
It's impossible to accurately predict what bitcoin will do so I'm not even gonna try.

My opinion about this market is that we are being manipulated as always by governments, big companies and altcoin scammers.
US government doesn't want to approve a bitcoin spot ETF which is a proof they're trying to keep the price low because they want to crash stocks and make investors capitulate. That includes all crypto investors. Bitcoin pumping wouldn't be good for them and for the dollar that they're pumping as we speak.

Big companies were dumping bitcoin to cause a miner capitulation below 20k and scoop up cheap coins. That doesn't mean recession will not push them to sell at a loss again.

Altcoin scammers like Terra CEO bought bitcoin just to dump it all at the market when we started to fall. We can thank these people for crashing us below 30k.

Would surely takes time before we could really able to see those numbers once again but its not sure on whether it would be taking too long or few years or could really happen in months time because this market is totally unpredictable.I had already been expecting those unexpected things to happen specially now that the price had dipped down as low of 17k/coin which is something that majority of people in the community didnt really anticipate nor expect for it to happen but hey, we are here now and to those people who had able to get in are the ones who would really benefit out whenever
the market will make out some trend  change.

Right. I'm also surprised that there isn't much news about Central Africa having officially adopted bitcoin as a legal tender. Maybe because Central Africa uses the Franc currency so the news is not as big as El Salvador because the currency of the country of El Salvador is the dollar so when they adopted bitcoin as a legal tender it made headlines in the world. This is my guess.

I was also a little surprised and didn't expect that Central Africa had adopted Bitcoin for legal payments and it should be a scene because there aren't many rich countries in this part of Central Africa. And as I read on the investor.id (https://investor.id/international/292148/republik-afrika-tengah-adopsi-bitcoin-sebagai-mata-uang-legal) site it says that the Central African Republic is the second country to officially adopt Bitcoin for legal payments after El Salvador. That's really amazing in my opinion.

I hope that the market will recover soon, at the end of 2021 My Portfolio from Bitcoin and Altcoins is around $ 12k, and now around $ 5700, but I will not panic when I see the situation is still red, and some coins including Bitcoin I use for staking at Spot Exchanges.

Yes, I also hope like you, I hope the market will be healthier.
but with the development of the world now, with the increasingly heated relationship between America and China, I think this will make the Crypto market experience negative things too.

Unfortunately after the price dropped from $40k to its current position there is no more positive news about the country opening a tender to legalize bitcoin, maybe they are waiting for a good moment and give an announcement after the price returns to $40k.

to return to $40k I am very sure that Bitcoin will be difficult to reach $40k in this short term,
Bitcoin sentiment is still very risky to dump again, moreover interest rates in the US have also gone up,
this will make people keep it in real assets, I don't know if people think that Bitcoin is a safe heaven asset,
then I believe bitcoin will go to $ 40k

If you mention Russia and Ukraine, I hope the two countries make peace and resolve the issue of war.

About Bitcoin, of course Bitcoin can now be relied on as a digital currency, where every country at war automatically loses their fiat currency for various reasons, hoping that Bitcoin can make them better for their economy.

My only hope is that the war will end and the world will go back to normal because if things go back to normal,
I'm sure the Bitcoin price won't drop to $20k, even though $100k would have been achieved last year, unfortunately it failed,
so hopefully next year Bitcoin will be $100k

my expectations completely failed, because I expected that Bitcoin could reach $50k again in this Q3,
but in August Bitcoin price is still at $23k, especially with the bad news about hackers, wars and interest rates,
i think it's probably $50k will hard to touch again.

The hope is that after Russia and Ukraine legalize bitcoin, many other countries will also legalize cryptocurrencies in their countries. Moreover, cryptocurrencies have developed rapidly and many large institutions are eager to use them in the midst of the recent crisis situation in a volatile world that could hit the broader financial sector.

I hope so too, but every country also needs time to legalize Bitcoin as the two countries you mentioned have done. Because every country has rules and regulations specifically in determining every new thing to be legalized. Even though Bitcoin is best for all countries to legalize, each country also needs to learn the things needed so that it doesn't conflict with existing state rules before making legalization of the new thing.

Even though today's market is up more than 7%, but I don't expect too much, I just want the price of Bitcoin to return to the level of $ 40k now, if the price can return to $ 40k then I will hold my bitcoin for longer because I'm optimistic that the price will be keep rising.

I think bitcoin is one of the most reliable means of transaction in today's world. If we can increase public awareness about Bitcoin, it will spread easily all over the world and we will get more benefits as well. If we know about its benefits without considering investment then it will be able to move towards higher position. As soon as the recent global war ends, the price of Bitcoin can rise significantly in what we refer to as a bull run.

Yes indeed Bitcoin is a medium of transaction where people can easily and securely transfer billions of rupees instantly.And yes indeed if we can increase the popularity of bitcoin all over the world but it will be more popular and its status will double.And especially this bitcoin is the best coin to invest and the most popular in the world.

My country will be part of those countries that will make Bitcoin lega 2023 because many citizens need Bitcoin in the land, so that they can use it to improve in their academy and other businesses in the country like the way other countries that made it legal has used it to reduced unemployment in their land. I believe, Bitcoin price will reach $80k in 2023 for Russia and Ukraine to use the opportunity to earn well from their Bitcoin investment to sustain through out the hardship that is affecting the citizens in the land.

My expectations about bitcoin is that it will go to 100k$ in the next 4 years from now if there is no negativity happen, btc will surely become more valuable in the near future, because people that is now using crypto is rising day by day and soon we will saw more demand on it and it will lead btc price to rise drastically.

Of course we hope that in the future more and more countries in the world will legalize bitcoin. Although we know that so far there are still many countries that do not yet have clear provisions regarding bitcoin. Most countries choose to use a wait and see approach or wait for the development of bitcoin in the long term. Therefore, with Russia and Ukraine having legalized bitcoin, hopefully it can encourage other countries to legalize bitcoin to be used as a medium of exchange.

Bitcoin being widely used around the world is something we all want, but bitcoin's biggest hurdle is still the government. Many governments are wary of bitcoin because once accepting bitcoins means their power will be reduced somewhat, bitcoin is not their product and they cannot control it so it is difficult for them to accept mass.

Russia had a harsh reaction to bitcoin before, but when war broke out, they quickly accepted bitcoin, one side used it to evade sanctions, and the other used it to donate to charity during the war. Both are using bitcoin for short term personal use. I don't know how they will react after the war is over.

Right. Indeed, the adoption of bitcoin by Central Africa is quite surprising for the crypto world because Central Africa is one of the poorest countries in the world. This is also because there are still many rich countries in the world that have not legalized bitcoin. So many questions arise about what underlies Central Africa to legalization of bitcoin as a means of payment.

If we notice one thing that Bitcoin is not at the previous level. Now the world's big leaders are also considering it. Some are identifying it as a political weapon. Some are accepting it and some are banning it. In such a situation I think that Bitcoin is not one's own property. According to its advantages and usage, Bitcoin will surely overcome all the hurdles and occupy the top position in the future.

Rich and developed countries, they still don't accept bitcoin because they have their national currency, it is representative of their economy.
They have enough potential to grow the economy so they are in no hurry to accept bitcoin as a legal tender.

3rd world countries like El Salvador or Central Africa accept bitcoin because they don't have their own national currency or their currency depreciates. Accepting bitcoin as legal tender is also one of their efforts to revive the economy and reduce dependence on other countries' currencies like dollars.

Rising inflation is now making bitcoins again have a bad impact, because yesterday the FED again tried to tighten interest rates, so what is happening now is that bitcoin prices are getting lower, I personally also hope that bitcoin can reach its highest price this year , but it seems that the negative sentiment that continues to hit bitcoin forces us to continue to be patient for who knows how long. :'(

ATH is not too sure it will happen again this year, but it is more likely to happen next year or in the next 2 years. I don't think ATH can be achieved before the next halving especially after ATH November 2021. I can expect ATH to happen after the halving, it's much more convincing to be true.

After all the recent crash in bitcoin price has cast a lot of doubt on investors to buy more as deeper declines can be expected. -8% more in the last 24 hours is something I didn't expect early last week, but that's the reality when the market is affected by bad news. I hope by the end of August bitcoin can close its price at $24K again, but who knows if it will drop below $20K.

we just have to be patient and hold if you have bought it at the bottom price, if you have bought Bitcoin at the price of $18k,
then you will really be safe, the sentiment is still negative,
especially the economic inflation that is happening in the world causing stocks and cryptocurrencies to decline which is very drastic,
therefore, just hold on, believe that for 2023 the price can be better

my expectation at the end of 2022 is bitcoin can reach the price of $50k again, because if it gets to $50k,
I'm sure altcoins will also climb back up, I'm also sure that many traders and investors are frustrated with their portfolios,
of course it's tough, but we're still at it. bearish market, so just enjoy

So many regular people and experts are predicting that btc can end this year with that price but even if btc didn't reach 50k but as long as it's rising, other altcoins will also follow it and they will also make a small increase. Haven't you noticed that last time, when btc rise to 23 and 24k? Alts like eth, matic and many more are also showing a growth.

No mate, they are not frustrated with their portfolios but they are glad to see that the market is still showing an effort to improve. This is a tough year indeed mostly for investors but not really for the traders because they can still be able to take advantage of this small price change which happens from time to time.

When we are talking about Bitcoin expectations, I believe this does not limit to a year or two. anything that we wanted Bitcoin to be in the upcoming years or decade right?  Well, I expect Bitcoin will always follow the 4 year-cycle until the last coin is mined.  Since the Bitcoin halving is the catalyst of this cycle.  I also expect that more and more companies will take advantage of the technology and community Bitcoin offers.  The country will start following the footstep of El Salvador when it comes to cryptocurrency adoption and the price of BTC will continuously go up after each hiccups and negative sentiment.

We are all free to express our own expectations, but in this case we are here too, of course we have to look at the various things that can affect this.
Day after day there will definitely be many unexpected things, will it have a bad effect or vice versa, crypto is still strong, and crypto is still supported by more people today, is it worth it if we underestimate bitcoin with just a few events? I don't think it can turn off Bitcoin's movement yet.

Not only the currency , the technology behind such blockchain would explode used in a mass adoption , everything would be not just digitized but decentralized under blockchain technology and even more the blockchain itself going to have an evolution time after time .

Which means hopefully the current glitch , vulnerability would get covered and perfected. That's all.

Both the countries were at their worst economic situation. By the time they'll be with different plans to retain the growth. Bitcoin too can give hands, during the war cryptocurrency usage served as a big change for the traditional fiat as the world countries imposed restriction over Russia on transactions. I expect these country people to continue the usage of cryptocurrencies same as they were using it before the war.

I hope my country will also legalize bitcoin as a legal tender someday. But my biggest hope is that I can have a lot of bitcoins when the bitcoins reach $100,000. My simple hope is I'm sure many have the same hope as mine.

Right. Indeed, many countries in the world still choose to watch and wait for the development of bitcoin in the long term before making the decision to legalize it. Of course the government will test it first so it doesn't have a bad impact on the community. In addition, Russia, which has now legalized bitcoin, must have tested it before so that they want to legalize bitcoin. Although we don't know if Russia is legalizing bitcoin in the long term or short term.

Countries that decide to make bitcoin legal have a vision and mission to develop, they know that bitcoin is able to solve the problem of the complexity that is happening, without ignoring the risks and impacts caused by the legalization.

I can't understand what you mean with regards to being regulated by the government, because actually bitcoin has a different vision than what you mentioned, can you explain this issue?

I don't know exactly what kind of complex problem you are referring to, but I can guess one of them is that the country does not have its own currency as happened in El Salvador. Then El Salvador's mission to legalize bitcoin is also to reduce remittance fees which have been very large because most of their residents work abroad, that has been the reason why El Salvador legalized bitcoin.

Another problem that can be solved with the legality of bitcoin as a legal tender is, the increasing value of taxes that allow states to generate large profits from transactions or growth in asset value. That can be another goal of bitcoin adopting countries in my opinion. One more thing, bitcoin can help increase user confidence in a government that has been corrupt with its centralized financial system.

You could say one of the reasons for countries to legalize bitcoin, because basically there is no regulation that regulates currency issues in the country, so the opportunity for bitcoin to be legalized and become a legal transaction tool is very open and has the best opportunity.

For this I strongly agree, that the high cost of remittances, the value of taxes earned and the trust in a corrupt government also play a big role in helping to increase users' trust in their proper financial system, so bitcoin is the best solution to get out of this problem.

Legalized bitcoin for as currency transaction payment is not easy depending many parliament allowed needed, in some countries have both side about positive and negative viewed with bitcoin, of course when bitcoin have been legalize they can earn passive income from taxes and will increase years by years depending many people interested with bitcoin. About Russia still have final official announcement yet from their government bitcoin have been legalize there, many speculative information about Russia make bitcoin as legal currency transaction and have been rumor more than last two years ago.

If all countries legalized Bitcoin, the Bitcoin price would be more stable than it is today. Of course we will find it difficult to see a bull market as we feel today. And while currently Bitcoin is not legal in many countries, I see no restrictions for the use of Bitcoin so far. We use Bitcoin so far it's still smooth, I haven't found a blocked Bitcoin wallet. Of course if Bitcoin is legal, and certain rules are in place, I'm sure there will be high taxes here.

I actually think that if Bitcoin is legalized in all countries and the price becomes more stable, then the profit from trading or traders will be less as they usually do (buying at low prices and then selling at high prices after a long time of patience). And when Bitcoin is regulated by state rules made specifically by the government, then obviously it will be related to taxes, as well as certain restrictions that the user should not violate because every transaction will be known by the state.

On the one hand, the legalization of Bitcoin can indeed make it easier for users within the country and can also attract more new users in all countries.
But for now I'm still happy when Bitcoin is not prohibited from being traded on crypto exchanges and is also recognized as a legal asset for investment and trading even though it is not legalized into payments for goods and services as happened in Indonesia.

As you said, the legalization of bitcoin will help bitcoin become more popular and used and can be considered as a legal means of payment along with fiat, this is a positive but also has a lot of downsides that many of us will not like. That is it will become more stable, which is probably the worst if that happens. Volatility is a unique feature of bitcoin that no other asset class has ever owned before, if it becomes stable and unprofitable, then I think bitcoin will be no longer interesting and many people will leave the market in search of a more attractive market.

It doesnt really need legalization but rather recognition.It could really be recognized without having the need of centralization specially into the services that it do connects.
Just let recognition and popularity would do the work.Lets just accept the fact that it cant really be adopted nor accepted easily on each government on the world.
It would always be leaving out with that bad impression due into its features which is something that oppose centralization and its common sense that it wont really be
always ending up with good or positive impressions.Just let recognition do move in a normal way, we arent needing those things honestly.
We've been still doing good if we do see or pertain about recognition rate.

Recognize? that's even more unlikely, that's not how the government works, they will recognize it and they don't get any benefit from it. This is something no government has done before. If we were to expect a recognition, in my opinion it would be a permanent ban instead.
I would rather pay taxes and still be able to use and trade bitcoins than be banned forever, as long as bitcoin volatility persists, we can still make a profit, than there will be no chance to use bitcoin.

It is very logical. We are always talking about the stability of Bitcoin but if it stabilizes then those investors may leave the market. But here is another thing can be noticed that the investment in altcoins can increase. Only those coins will move forward as unstable especially those are ahead with good popularity in the market.

It may not have a significant short-term impact on the bitcoin price if Russia and Ukraine legalize the cryptocurrency in their countries. However, in the long term it is likely that the crypto market will grow very large which can be a bullish momentum going forward.

I think you also need to look at other countries besides Russia and Ukraine for cryptocurrency legalization because several central banks in different countries have also seen cryptocurrencies as important to be accepted so that in the future I think there will be more widespread adoption of cryptocurrencies and also many around the world.

Likewise with Russia and Ukraine when they both have started to make peace in this world, I think Russia and Ukraine will also see cryptocurrency as important even though they will not immediately legalize it for the payment system.

Based on what traders are experiencing from the crypto market now, showed that the price of Bitcoin will definitely improve higher before the end of this month, because the green light is preparing to be stable for both long term traders and short term traders to have something suitable to achieve in the future. I think,  the price of Bitcoin will hit back to $35,000 or $40,000 soon before the end of this year 2022 for traders to have hope that next year will be better than this year, because Bitcoin price will definitely increase to $60,000 in 2023 for those that invested in the past to achieve a good results from the market.

When viewed as a whole, there are still very many countries that have not realized the use of Bitcoin and adoption as you say. But for some countries that are often mentioned in the news through several trusted media, it is very clear that there are and indeed these countries will continue to strive to use Bitcoin where they need it.
For example, adding payment options when shopping at large supermarkets or at companies that are willing to accept Bitcoin and other cryptocurrencies such as USDT for example.

I am not thinking about the current price of Bitcoin at the moment. I'm just thinking how much I can collect Bitcoin before the market bullish. I am very worried about whether I can collect Bitcoin in a short time according to my money and demand. Yet many people are worried about Bitcoin if the price goes down or many are thinking if they purchase at a lower price. However the price of bitcoin is now the lowest level, it is more likely to be bullish after a certain period of time. I hope Bitcoin will be more stronger than previous which many could not even imagine.

My expectation was that Bitcoin could reach $100k in 2022 but it didn't materialize and instead the price continued to dump,
to be honest I was really frustrated to see the price of bitcoin always being dumped,
and always wondering when will the bearish end? and when will the $100k be reached?.

Maybe that's good news for today's crypto users. This is a form of support that can make the Bitcoin price increase. And the hope is that other countries that haven't legalized Bitcoin can follow suit.

But the basic question is how they can apply a rule to global investment. Many exchanges currently accept users from various countries, they accept KYC for all countries, thus making some people not need a local exchange.

And until now we have not been able to determine how the form of rules that want to be applied in a country regarding crypto. Maybe taxes. However, the tax taken in a country is not on crypto users, but on local exchanges as a form of crypto company.

Instead of thinking about it all the time so that you become frustrated by the continuous decline and the increasingly invisible increase at this time, you better work on getting more Bitcoins and try to collect as much as possible at this point in time before the price becomes expensive.

I'm pretty sure that you will also feel sorry when you see an increase in Bitcoin in the future if you don't have the courage to make purchases on Bitcoin at this time yourself.
So try to do your best and let go of your frustration slowly because the future of Bitcoin is still very good and bright for everyone.

One of the most common mistake where these people would be doing is that they do only buy when the market is already hyping or when going to peak or ATH and this is where they do buy which is really not that right.

Somehow buying on bear market or deep declines are always been a challenge yet you wont really be that confident on doing so because you would be thinking off that the price might even go lower.

But since you had stepped your foot into this market then it is really just right on having that behavior which you would really be needing to take risk for you to
gain profits if not then this market isnt really for you.