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Author Topic: Is there any good news about Bitcoin from your country?  (Read 1859 times)
AICoin_Official
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November 30, 2017, 12:15:38 PM
 #1

how popular is bitcoin in your country? in our country ,more and more people invest in Bitcoin now . Is there any good news about Bitcoin from your country?

https://www.aicoin.com/chart/31D70E6A

BTC:
BTC is hovering around $10,000, whether price bounces back or not will determine BTC will continue the uptrend or start a downside move with a major correction. The closing price from tonight to tomorrow morning is very important, if price remains above $10,500, we can hold on to our positions, if not, then reducing our positions is the best way to avoid risks. 5-Day MA strategy still applies to current situation.


BCH:
It’s normal for price to bounce back to $1,300 after breaking below $1,520 and price will find support at $1,300. But it seemed unnormal for BCH price to go against BTC price this time as the major adjustment lowered altcoins and major coins prices, indicating the change in funds and signs of retreat.


LTC, ETC & ETH:

Basically, all of them shared a same price action which was extremely weak after a slump in price with increased volumes. Moreover, they all broke below the support at 5-Day MA and showed no signs of fighting again the downtrend. ETC, however, seems to be the strongest and should be your priority when price bounces back. Reducing your positions should be your main strategy for now.


Altcoins:
Dash seemed the only one experiencing an increase in price among altcoins, price is under a pretty strong control and holds the possibility to go wild. 5-Day MA strategy is still recommended for further operations and stop-losing level must be strictly set.

Original by Kuang Ren, translated and posted by AICoin Jami.

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November 30, 2017, 12:32:46 PM
 #2

What do you mean good news? How many users? Or maybe how the government recognizes Bitcoin?
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November 30, 2017, 12:37:42 PM
 #3

I want to know them both

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November 30, 2017, 12:41:35 PM
 #4

I want to know them both
Don't know about the number of users, but the government seems to have some interest in crypto.
There are several draft bills. Not about severe regulation, but for legalization. Still, it is to soon to talk about completing the process.
By the way, I live in Ukraine.
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December 01, 2017, 07:12:04 AM
 #5

I want to know them both
Don't know about the number of users, but the government seems to have some interest in crypto.
There are several draft bills. Not about severe regulation, but for legalization. Still, it is to soon to talk about completing the process.
By the way, I live in Ukraine.

in my country,the government also has some interest in cryptocurrency. by the way what kind of APP or website do you use to check ticker and get information?

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December 01, 2017, 07:13:34 AM
 #6

how popular is bitcoin in your country? in our country ,more and more people invest in Bitcoin now . Is there any good news about Bitcoin from your country?

https://www.aicoin.com/chart/31D70E6A

BTC:
BTC is hovering around $10,000, whether price bounces back or not will determine BTC will continue the uptrend or start a downside move with a major correction. The closing price from tonight to tomorrow morning is very important, if price remains above $10,500, we can hold on to our positions, if not, then reducing our positions is the best way to avoid risks. 5-Day MA strategy still applies to current situation.


BCH:
It’s normal for price to bounce back to $1,300 after breaking below $1,520 and price will find support at $1,300. But it seemed unnormal for BCH price to go against BTC price this time as the major adjustment lowered altcoins and major coins prices, indicating the change in funds and signs of retreat.


LTC, ETC & ETH:

Basically, all of them shared a same price action which was extremely weak after a slump in price with increased volumes. Moreover, they all broke below the support at 5-Day MA and showed no signs of fighting again the downtrend. ETC, however, seems to be the strongest and should be your priority when price bounces back. Reducing your positions should be your main strategy for now.


Altcoins:
Dash seemed the only one experiencing an increase in price among altcoins, price is under a pretty strong control and holds the possibility to go wild. 5-Day MA strategy is still recommended for further operations and stop-losing level must be strictly set.

Original by Kuang Ren, translated and posted by AICoin Jami.
Here in my country the acceptance of Bitcoin is more of investment in Bitcoin and altcoins because many of the want to make profit from their investment but what expecting to happen here is for shop's owners to accepting Bitcoin and crypto currency as a mode of payment for goods and services as it happened in some other countries of the world and in doing so more people and institutions will get to know more about Bitcoin and crypto currency in general.
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December 01, 2017, 07:15:52 AM
 #7

There aren`t any news about bitcoin in my country,and bitcoin isn`t very popular amongst the normal people.
The majority of the people here in my town see bitcoin as a "currency for the geeks",which is guite funny. Smiley
The bitcoin market now is more stable than the previous few days and i really wanna know what was the power behind this price increase from 7200 USD to 10800 USD for less than a week.I can`t see any news about this in the forum or somewhere in reddit.

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December 01, 2017, 07:28:33 AM
 #8

Bitcoin users in my country continue to grow loyal to the day, because they believe bitcoin can help them to get the revenue shots. But of the many owners of bitcoin accounts, only a small portion of the money invested in bitcoin. Most of them only trade and follow the project.
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December 01, 2017, 07:29:56 AM
 #9

Yes, financial experts in my country preach that it will crash and is a giant bubble.

So everything is normal - Bankers still afraid for their jobs.
all is good for bitcoin.

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December 01, 2017, 07:51:40 AM
 #10

how popular is bitcoin in your country? in our country ,more and more people invest in Bitcoin now . Is there any good news about Bitcoin from your country?
Here in my country our government is currently in the process of regulating Bitcoin including other cryptocurrencies and that is a great news because our government and central bank believes that cryptocurrencies like Bitcoin can help speed up transactions from local and overseas remittances and can also solve other problems. They are also in process of licensing new local bitcoin exchanges. I don't know how popular Bitcoin here in the Philippines because it is not quite mentioned in the local news but I know a lot of people (friends and relatives) that are investing and trading cryptocurrencies.
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December 01, 2017, 07:53:41 AM
 #11

The good news about Bitcoin and crypto currency in general here in my country is that more people have come to realise there investment potential in Bitcoin and crypto currency in general and they have in recent time started trading crypto currency investing huge some of money into crypto currency particular buying and holding, mining business for those who could afford the cost of electricity.
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December 01, 2017, 08:09:42 AM
 #12

Bitcoins rising price has started many discussion in my country. Its sudden spike in current week surprised many. I am from a developing country. Many people don’t know about bitcoin or any other cryptocurrency. Those who are related with financial markets know bitcoin better. We have bitcoin exchanges, these exchanges are promoting bitcoin trades and investments through their websites. Otherwise rest all my countrymen are happy with fiat cash, debit and credit cards. Government or Central bank yet not decided any policy about bitcoin currency. They are warning their citizens not to use or invest in any cryptocurrency. So overall picture is not that hopeful.

   

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December 01, 2017, 08:23:12 AM
 #13

No good news so far, there's a lot of more urgent issue so they don't really care about bitcoin. The latest news i can think is when they banned bitcoin as a payment options about 1 month ago. I'm still waiting until the government decided to legalize bitcoin so people can start using it as a currency.

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December 01, 2017, 09:47:13 AM
 #14

What do you mean good news? How many users? Or maybe how the government recognizes Bitcoin?

The bitcoin enthusiasts are still have at low percentage even though there's a few people who put their interests here despite of our large population. People here in my country don't see yet the beauty of crypto currency plus the people who think bitcoin is a scam especially when they saw it on one segment in TV claiming that bitcoin is a big scam. Instead of helping the community to spread and raise awareness they mislead the public for what's true and this really saddened me.
And our government they're still in silent and the users are still awaiting what will be the government first step in regulating bitcoin.

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December 01, 2017, 09:50:45 AM
 #15

how popular is bitcoin in your country? in our country ,more and more people invest in Bitcoin now . Is there any good news about Bitcoin from your country?

https://www.aicoin.com/chart/31D70E6A

BTC:
BTC is hovering around $10,000, whether price bounces back or not will determine BTC will continue the uptrend or start a downside move with a major correction. The closing price from tonight to tomorrow morning is very important, if price remains above $10,500, we can hold on to our positions, if not, then reducing our positions is the best way to avoid risks. 5-Day MA strategy still applies to current situation.


BCH:
It’s normal for price to bounce back to $1,300 after breaking below $1,520 and price will find support at $1,300. But it seemed unnormal for BCH price to go against BTC price this time as the major adjustment lowered altcoins and major coins prices, indicating the change in funds and signs of retreat.


LTC, ETC & ETH:

Basically, all of them shared a same price action which was extremely weak after a slump in price with increased volumes. Moreover, they all broke below the support at 5-Day MA and showed no signs of fighting again the downtrend. ETC, however, seems to be the strongest and should be your priority when price bounces back. Reducing your positions should be your main strategy for now.


Altcoins:
Dash seemed the only one experiencing an increase in price among altcoins, price is under a pretty strong control and holds the possibility to go wild. 5-Day MA strategy is still recommended for further operations and stop-losing level must be strictly set.

Original by Kuang Ren, translated and posted by AICoin Jami.

very few people in my country are interested in bitcoin. the government has no preconceptions about bitcoin. However, the number of people investing with BitCoin is increasing. It is up to you to perceive this as good or bad.

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December 01, 2017, 10:00:43 AM
 #16

In my country people are getting crazy about the bitcoin because of one thing. The first is its price and in my local currency the prices for this is in 7 digits now and that is just really unbelievable. I mean holding just one coin is like having 7 figures of income in hand and thats crazy guys. It shivering me even when I’m typing it. Many of my friends are now struggling to get one full bitcoin and they sold the coins when it was too cheap earlier in 2017. This was not very good approach and even in my case I’m just having couple of thousand dollars. So you see there are lot of opportunity in my country with bitcoin. Just holding it can make us very very rich in here and people are taking time to understand it. Those who have already started recognising the bitcoin are now having full positive approach and trying hard.


With my experience I can surely tell that people are not interested in other currencies that is alt coins. It is not there type and they just believe in the bitcoin thats all.







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December 01, 2017, 10:11:10 AM
 #17

The interest for Bitcoin in my home country has been escalating ever since we became a part of the bandwagon years ago. Right now, there are already media mentions and although some of those in media are still giving some cautious look at Bitcoin I believe that even a not-so-good publicity is still a publicity. The Central Bank here is giving Bitcoin the leeway it needs and even approved two more Bitcoin exchanges to operate. Though SEC is right now looking at issuance of ICO as possibly to be under the security laws, I am so sure that things are getting better here. And our tax collection agency has not yet intervened possibly because they find it hard to trace and supervise online transactions. We all welcome and
prepared for possible regulations though in exchange for making Bitcoin truly legal here.
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December 01, 2017, 10:41:00 AM
 #18

The good news about bitcoin in my country is that many people have changed their lives because of their income from bitcoin.

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December 01, 2017, 10:47:25 AM
 #19

how popular is bitcoin in your country? in our country ,more and more people invest in Bitcoin now . Is there any good news about Bitcoin from your country?

https://www.aicoin.com/chart/31D70E6A

BTC:
BTC is hovering around $10,000, whether price bounces back or not will determine BTC will continue the uptrend or start a downside move with a major correction. The closing price from tonight to tomorrow morning is very important, if price remains above $10,500, we can hold on to our positions, if not, then reducing our positions is the best way to avoid risks. 5-Day MA strategy still applies to current situation.


BCH:
It’s normal for price to bounce back to $1,300 after breaking below $1,520 and price will find support at $1,300. But it seemed unnormal for BCH price to go against BTC price this time as the major adjustment lowered altcoins and major coins prices, indicating the change in funds and signs of retreat.


LTC, ETC & ETH:

Basically, all of them shared a same price action which was extremely weak after a slump in price with increased volumes. Moreover, they all broke below the support at 5-Day MA and showed no signs of fighting again the downtrend. ETC, however, seems to be the strongest and should be your priority when price bounces back. Reducing your positions should be your main strategy for now.


Altcoins:
Dash seemed the only one experiencing an increase in price among altcoins, price is under a pretty strong control and holds the possibility to go wild. 5-Day MA strategy is still recommended for further operations and stop-losing level must be strictly set.

Original by Kuang Ren, translated and posted by AICoin Jami.
Bitcoin is not so popular in my country. only a few people know about bitcoin. I hope the government in my country will adopt bitcoin as a legal means of payment someday
glowing10
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December 01, 2017, 10:52:03 AM
 #20

The good news about bitcoin in my country is that many people have changed their lives because of their income from bitcoin.

This is the story across world. Mostly people who are involved in bitcoin related stuff have made some money and ensured that they grow in their lives. Also in my country unemployed people are now becoming self dependent to some extent as they are working on projects related to cypto currencies and investing in it.

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