How do recently passed The G-20 results affects on bitcoin price?

[sujonali1819]

We know about G-20 or Group of 20.The G20 (or G-20 or Group of Twenty) is an international forum for the governments and central bank governors from

Argentina,
Australia,
Brazil,
Canada,
China,
France,
Germany,
India,
Indonesia,
Italy,
Japan,
Mexico,
The Republic of Korea,
The Russian Federation,
Saudi Arabia,
South Africa,
Turkey,
The United Kingdom,
The United States,
and The European Union,

Info collected from https://en.wikipedia.org/wiki/G20

The g-20 called a meeting in this month. And this is the cryptocurrency G-20 results.




I think this result is a very important and positive thing for BITCOIN. So now please explain everybody here that how do this results affect bitcoin price.

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[clrpod]

I don't think this is really new news, or even news at all. It's not a change to anything. What's more important is clarity on how bitcoin will be regulated going forward. Will it be treated the same as a currency or a security for example

[cryptorTUX]

It doesn't offer anything outstanding outside the fact that there are more countries that will tell it's okay to use bitcoin and other altcoins, where as ones that don't support them are not majority which is the key feature here. However if these news made the price to move upwards from the moment they got released then I could confidently say that they can reflect the price. However I see many good news recently which is great and keeps me confident in strong future growth. I've seen this before, but haven't new it was that big, we all can be incorrect sometimes.