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Author Topic: Was the G20 finance meeting in Buenos Aires last july 21 & 22 trigger BTC pump?  (Read 126 times)
KennethDarnell
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July 30, 2018, 06:34:46 AM
 #21

There has been a notable pump in the price of Bitcoin. This pump might be due to the G20 summit. This G20 summit took place on the capital of Argentina where world's 20 largest economies met. Soon after the summit, rise in price of Bitcoin was noticed.
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Eto_mete
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July 30, 2018, 06:47:50 AM
 #22

I guess the end of their initial meeting positively and now the day has come for the final verdict and I hope that it will be very favorable for us. I think it is a simple matter for crypto market that there has a possibilities to getting the market rise and down.
Akmaral ( Akee)
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July 30, 2018, 08:58:25 AM
 #23

That meeting gives us a positive vibe. I assume ETF decision vibe made the BTC price rise higher in the market through The meeting made some effect in the BTC price also. That meeting came up with a statement which is not very hostile to Crypto-currency market. So that makes hope.
DwaneJacky
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July 31, 2018, 03:02:17 AM
 #24

Could be or could be not. What the main reason behind it is that the investors were waiting for a slight indication for the price to rise. And the minute that happened, even after weeks, the price of the BTC started to have a constant rise.
vuithoinha
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July 31, 2018, 03:39:55 AM
 #25

https://btcmanager.com/g20-crypto-regulation-decision-boosts-bitcoin-to-two-month-high/
Hi guys what is your views regarding this news seems this is one of the main reason why bitcoin price suddenly goes up and we expect more news next month as ETF  inclusion of btc may tackle in u.s. congress. if this iscanother positve result then bitcoin price msy unstoppable.
"Following discussions, the G20 released a statement where it said that cryptocurrencies “do not post a global financial stability risk” at present, but the asset class will remain under close examination going forward". This is the key to Bitcoin's rise
tutorroma
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July 31, 2018, 03:48:54 AM
 #26

Last year's G20 meeting directly promoted the prosperity of the ICO market, and it was the dramatic growth of the ICO that led to the bull market at the end of last year. I believe that this year's meeting will also become a driving force for the bull market.

JohnDcosta
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July 31, 2018, 05:19:31 AM
 #27

The investors were in HODL for a long time. To be precise, for months.  So, the minute the price rose, the investors were in action and that led to this consequence.
AlvinJetton
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July 31, 2018, 11:53:50 PM
 #28

The link given above, sadly is not working. Hence, l tried putting up some latest insights of recent Bitcoin breakthrough in my opinion. These include events such as, SEC negotiating for BTC ETF and getting above 90% approval from public and countries like Costa Rica, Venezuela, Africa. Also payment options increased with the use of Bitcoins in many well known companies like Samsung, BMW etc.
DiamondsAndCoins
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August 01, 2018, 12:36:07 AM
 #29

The exact reason could have been the Buenos Aires conferences or the ETF decision that was about to be made by the SEC.  It seems the air is escaping that little rally we had. 

DanielJacob
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August 01, 2018, 05:47:23 AM
 #30

Unfortunately the link you provided seems to be broken, however, recent events like G20 finance meeting, SEC negotiating for BTC ETF and getting a 97% approval from public and countries like Costa Rica, Venezuela normalizing BTC has made the recent breakthrough for Bitcoin according to my opinion.
ShawnJessie
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August 01, 2018, 07:14:38 AM
 #31

There are many events happening around the world that are responsible for BTC getting pumped in the last couple of weeks. Though the link is not working but I read the news in some other site. I feel like these news are only spreading positive vibes among the crypto community and demand for BTC is rising because of that.
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