IMF chief is in support of crypto. Keep holding

[sudeshkumar]

This is a news which may prove a silver lining in such a situation when the investors are seeing the red. It will provide somehow a sigh of relief and confidence in the crypto.

[Tonnakyray_21]

I think that this is good for full adoption of bitcoin. They should continue and adopt it in their laws.

[LeGaulois]

Christine Lagarde the same old reptiloid french lady who proposed last year to use the blockchain technology to fight the money laundering fraud & other illegal activities used with cryptos in Europe She was not in favor so far... There is a quote in the article looking scripted like if a 2008 crisis is coming btw...

[novokovskitve]

even it is strange that he made such statement. usually heads of such spheres treat not really kindly cryptocurrencies because they are not favorable to the bank sphere

[eternalgloom]

Christine Lagarde the same old reptiloid french lady who proposed last year to use the blockchain technology to fight the money laundering fraud & other illegal activities used with cryptos in Europe She was not in favor so far... There is a quote in the article looking scripted like if a 2008 crisis is coming btw...

I hope you mean that reptiloid thing ironically or have you been reading too much David Icke?

I mean I really wouldn't trust anything she says, I'm fully aware that the IMF is just about everything that's wrong with the global financial system. 
Cryptocurrency is trying to reach the opposite of what these people want.

That said, it does give cryptocurrency some perceived legitimacy, at least for some people.

[guoyu78]

It is good to see someone with authority in support of crypto. We just need some more encouragement from influential people and this will together boost the prices of crypto.

I am holding all the coins currently because I do not think that it makes sense in selling in loss. The market is uneven but it will correct soon.

I think another point here to be made is the adoption rate. 5 years ago if you asked the IMF Chief what bitcoin is, they would have given you a vague answer, of course as an entity they are financially based so they would probably know some things about it but they wouldn't be really well versed in the subject. In the passing years bitcoin became so big that even IMF Chief not only knows what bitcoin and crypto is, but also supports it.

This is not some "didn't know what it is, now knows what it is" type of improvement, I mean literally supportive of it. It is incredible that bitcoin went from "money drug dealers used in silk road to buy drugs" into "IMF Chief supports idea of crypto" in just few years. I seriously think if we keep this pace up there will be some sort of world changing events involving bitcoin.

[Siren]

The IMF chief has released a statement showing her strong support for crypto. If you are in crypto today, count yourself a blessing.

A link to her statement.
https://dailyhodl.com/2018/11/09/imf-chief-crypto-should-not-be-dismissed-can-benefit-the-public-with-fast-and-cheaper-transactions/

This is good news for cryptonians because all we want now are good vibes to help each feeling to be at ease and pevent from panicking but words are not enough to help this market bring to growth again,we are under attack from the bitcoin cash group to bring bitcoin down,but they fail thats why this is the final move of desperation.what we have to do is keep holding and let bitcoin staybon its peak

[raven7886]

It is good to see someone with authority in support of crypto. We just need some more encouragement from influential people and this will together boost the prices of crypto.

I am holding all the coins currently because I do not think that it makes sense in selling in loss. The market is uneven but it will correct soon.

And authority like IMF that is totally about money coming and going. And yes, keep holding, for the good time is just about to come. In next month probably, we might be seeing good charismatic actions.

Well, I guess we hope so but even if we see some good action, it does not necessarily mean it is all about the IMF. Basically, this is one person's opinion, and generally, we are all entitled to her opinion which I believe she is as well entitled to hers, which in this case, referring to the IMF boss.

Yeah, just like someone rightly mentioned, things like this tend to give people hope and even create awareness, considering her position she occupied in a global organization like that, and could really help in the long run when it comes to the space growing but all the same, her supporting crypto does not necessarily mean, crypto would because of that skyrocket, there is so much to the market than meets the eye.

[Akpuv]

Hurray! Nice one from the IMF chief, Christine Largarde. She is a world prominent and highly influential person in the world financial sector. Glad to see her speaking well and proposing digital currency for countries.

[coinplus]

The IMF chief has released a statement showing her strong support for crypto. If you are in crypto today, count yourself a blessing.

A link to her statement.
https://dailyhodl.com/2018/11/09/imf-chief-crypto-should-not-be-dismissed-can-benefit-the-public-with-fast-and-cheaper-transactions/

This is a good sign that the market is getting a lot of support from the big guys. So we should invest early to get a big advantage before prices start rising in the next few months.

IMF chief is not a big guy, which is just a single person who is entitled to her own opinion about cryptocurrency and does not speak entirely for the whole IMF board.

Yes sometimes, when you know there are some top people in some very solid places showing their great interest for cryptocurrency, it makes you seem a little bit relaxed that this space is going to grow more than this eventually, but it is a decentralized space, and we all particularly have a general part to play when it comes to the adoption in this space. It is not one thing only a single person can achieve, but for awareness purpose though, it is a good start.