G-20 Cryptocurrency meeting

[HashFace]

I didn't realize there was a G-20 meeting on cryptocurrency, but according to CNBC, it was "very positive" for crypto.  Apparently, it was closed door meeting but reports were good.  From the article:

""The spirit of the discussion was very productive, and I agree that everybody left very pleased," governor of the Central Bank of Argentina, Federico Sturzenegger, said Tuesday during a press conference. "It was a very good meeting."

Cryptocurrency discussions happened during a closed-door session earlier Tuesday, a spokesperson from the G-20 told CNBC."


https://www.cnbc.com/2018/03/20/bitcoin-bounces-back-above-8800-after-a-very-positive-g-20-cryptocurrency-meeting.html

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[Traderbtcc]

Let's hope for the best. A bit of positivity would go a long way in the midst of the bad news spread by the media. According to the reports, Only china, USA and a few others have regulations for Cryptocurrencies. The rest are either unregulated or neutral. On a lighter note, I don't see how decentralization and regulation would work.

[laracrofth]

As far as I understood, the main positive thing is there are no bad news for crypto world. But still the governments look worried.

[kopijos]

with the G-20 meeting I hope to find the best solution for cryptocurrency does not happen again cryptocurrency debate in various countries, because after all now is cryptocurrency advancement of digital technology so I think this is the best time to give something good to cryptocurrency.

[hosseinimr93]

As far as I understood, the main positive thing is there are no bad news for crypto world. But still the governments look worried.

Yes you are right. They will investigate cryptocurrencies again in July and probably there will be regulations. But generally the outcome of G20 summit is positive. They didn't ban it and they have accepted it.

[Adunni6758]

Despite all odds that cryptocurrency faced lately, the news from the G-20 meeting was able to resurrect the market again. The market is now getting better and coins are mooning. As i speak now, there is an upward troll in the value of coins, which means that better days are ahead.
Before this very meeting, so many investors were afraid and some had to sell all that they had, because no one could predict what would happen to cryptocurrency, but today, the while story has changed.

[surfinonmyownwavebaby]

As far as I understood, the main positive thing is there are no bad news for crypto world. But still the governments look worried.

Yes you are right. They will investigate cryptocurrencies again in July and probably there will be regulations. But generally the outcome of G20 summit is positive. They didn't ban it and they have accepted it.

I believe what one person said there was that because we are 1% of total GDP or less we don't pose much of a threat to the world order. That is good news if you ask me, it means they don't really think much of us. Keep doing that governments for couple more years please .

[lobo13hf]

I didn't realize there was a G-20 meeting on cryptocurrency, but according to CNBC, it was "very positive" for crypto.  Apparently, it was closed door meeting but reports were good.  From the article:

""The spirit of the discussion was very productive, and I agree that everybody left very pleased," governor of the Central Bank of Argentina, Federico Sturzenegger, said Tuesday during a press conference. "It was a very good meeting."

Cryptocurrency discussions happened during a closed-door session earlier Tuesday, a spokesperson from the G-20 told CNBC."


https://www.cnbc.com/2018/03/20/bitcoin-bounces-back-above-8800-after-a-very-positive-g-20-cryptocurrency-meeting.html

There is no clue about what already discussed by G20 countries but i remember the last news about that said G20 was rejecting cryptocurrency regulation. It seems G20 it's not trying to published what already discussed by G20 countries about the future of cryptocurrency. Bitcoin jumps back to the above $8900. I can say we will meet new ATH at the end of this year.

[passwordnow]

Yep it was a very positive discussion since they said that cryptocurrencies isn't a risk to the global financial stability. This makes the whole crypto market playing good for this week and I'm hoping that this will never end and this won't stop so quick until it reaches back to the usual prices that we've seen during ATH's.

[Johnnywelsh]

I think if the bull run had continued the governments would have been a bit more worried but the fact the markets self corrected without any oversight or governance proved that the community can self adjust for artificially inflated prices.

[Owl_Fintech]

I didn't realize there was a G-20 meeting on cryptocurrency, but according to CNBC, it was "very positive" for crypto.  Apparently, it was closed door meeting but reports were good.  From the article:

""The spirit of the discussion was very productive, and I agree that everybody left very pleased," governor of the Central Bank of Argentina, Federico Sturzenegger, said Tuesday during a press conference. "It was a very good meeting."

Cryptocurrency discussions happened during a closed-door session earlier Tuesday, a spokesperson from the G-20 told CNBC."


https://www.cnbc.com/2018/03/20/bitcoin-bounces-back-above-8800-after-a-very-positive-g-20-cryptocurrency-meeting.html

I did not expect Bitcoin to reach such conferences so fast. Awareness about Bitcoin and cryptocurrencies in general are increasing day by day.

The fact that they will consider to regulate, instead of prohibiting its use, it is another good sign.

[Blas]

G-20 meeting is positive about crypto. They did not mark it as an enemy, but I don't think G-20 are working in our interest as all. They just postpone the decision and the actions they will have to face.

[tiggytomb]

I think there is a kind of wait and see what happens mentality as well with many of the powers that be as we are still early on in the development of blockchain and crypto.

[integrap]

G-20 meeting was very important for cryptocurrencies. Whales made FUD for newbies and they made bitcoin price 20% lower. They knew that it would be possitive or they got news from inside before. And now we see bull run on bitcoin price.

[samcrypto]

As far as I understood, the main positive thing is there are no bad news for crypto world. But still the governments look worried.

Yeah, a lot of good news but still no concrete plan about cryptocurrency. Some countries are still afraid about this technology because they cannot control it, well some have no regulations and its a good thing though we still need a strong support coming from big companies and even countries so we can soar higher.