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Author Topic: Important conditions for the progress of bitcoin  (Read 1318 times)
deisik
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May 09, 2019, 04:29:23 PM
 #141

I think I will follow that line of thought too that prices may become stable when government regulate it because there will also be some laws guarding against some movement just like they did in stock exchanges and aside that, confidence is in the system is what will make the prices stabilize

That doesn't feel right at all

From a historical perspective, when a government tries to regulate the exchange rates of a local currency, it typically means there are some severe issues with that currency. In simple terms, such regulation (e.g. fixed prices and exchange rates) is almost always counterproductive and usually precedes the abrupt and complete destruction of the currency, which it aims to prevent but never succeeds as it simply doesn't work that way. It just buys some time, but not much anyway

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May 09, 2019, 05:01:56 PM
 #142

I think I will follow that line of thought too that prices may become stable when government regulate it because there will also be some laws guarding against some movement just like they did in stock exchanges and aside that, confidence is in the system is what will make the prices stabilize.

People, institutions and investors will rely more on the system and will make them see a better future in it, thereby leading to them holding and keeping their coins in the market for so long without touching it or dumping it, if we don’t have investment dumping, then price may become quite stable, but not that we will still not see some volatility, just would not be as much as when it was not regulated.
If global regulations are applied related to bitcoin, then this is very contrary to the principles in bitcoin. Bitcoin does not need regulation but requires an acknowledgment and support from all governments in the world as another option in a transaction.
strongly agree with you, bitcoin only needs recognition and support. with the support and certainty everything will change from prices, market conditions and others that affect bitcoin. the country will be free and advanced if it is recognized and supported by other countries, and bitcoin will be free and advanced if it is supported and recognized by the government.

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Activitycoin
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May 10, 2019, 09:10:46 PM
 #143

I think I will follow that line of thought too that prices may become stable when government regulate it because there will also be some laws guarding against some movement just like they did in stock exchanges and aside that, confidence is in the system is what will make the prices stabilize.

People, institutions and investors will rely more on the system and will make them see a better future in it, thereby leading to them holding and keeping their coins in the market for so long without touching it or dumping it, if we don’t have investment dumping, then price may become quite stable, but not that we will still not see some volatility, just would not be as much as when it was not regulated.
If global regulations are applied related to bitcoin, then this is very contrary to the principles in bitcoin. Bitcoin does not need regulation but requires an acknowledgment and support from all governments in the world as another option in a transaction.
You are right more adoption and regulation by the government are really important factor of the price affection of bitcoin, for progress of bitcoin we will have to hold and trust our investment with bitcoin, we should buy at low price and then hold until bitcoin recovers price fall, bitcoin has good effect on economical life as well so government should support bitcoin it is beneficial,
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May 13, 2019, 10:21:26 AM
 #144

2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months.

I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met.

First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts.

The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety.

There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements.

Let's support Bitcoin...

Your post is really confusing, you just don't know what you're saying here. First you said what happened in 2017 cannot repeat itself, then at last you're talking about entrepreneurs investing in bitcoin to support the price movement in going up. Isn't that the same thing as what happened in 2017? Prices going up, that's what you want and that's the same thing that happened in 2017.

Same thing has already started this year, the price has been going up slow and steady since April and the way I see it, it's not stopping anytime soon. And mind you, no matter how much people tries to invest, that doesn't mean there wouldn't be a time the price would fall, cause as people are investing, there will also be those who are selling theirs.
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June 08, 2019, 11:35:39 PM
 #145

Without the help of any of recognition and regulation alone bitcoin have survived for last 10 years and peaked up to $~20k. Hence, why should we expect those after the mid way. More importantly 2017 does not need to be repeated but something better than 2017 will be repeated for sure. Just fasten your belts, next halving will be in less than 18 months. Bitcoin's basics and fundamentals are more than enough for another new ATH.

Indeed bitcoin was able to survive for 10 years and even reached to $20k without much adoption yet in 2017 but being regulated or with governments to back it up it will help in the adoption of bitcoin and it will not only affect us bitcoin holder but also the government to have bitcoin reserve. What happen in 2017 is amazing but all bitcoin holders is hoping that bitcoin will reached $20k or more in the coming months or years. Though we see a dump in the price this month but with a lot of people investing in bitcoin it will surely help for the price to rise up.
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June 09, 2019, 01:02:32 PM
 #146

For bitcoin progress we need mass adoption and i think this can happen only on long term, but also people who know how crypto works should also teach another people about crypto.
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June 10, 2019, 02:39:18 AM
 #147

For bitcoin progress we need mass adoption and i think this can happen only on long term, but also people who know how crypto works should also teach another people about crypto.
We have to be optimistic on the future of crypto, most of us here are investing in bitcoin because it's cheaper now compared to the price we envision it will reach in the future. Mass adoption could happen, but it's more likely to be realize if crypto will be regulated, otherwise people won't hesitate using it.

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June 10, 2019, 06:45:19 AM
 #148

For bitcoin progress we need mass adoption and i think this can happen only on long term, but also people who know how crypto works should also teach another people about crypto.
We have to be optimistic on the future of crypto, most of us here are investing in bitcoin because it's cheaper now compared to the price we envision it will reach in the future. Mass adoption could happen, but it's more likely to be realize if crypto will be regulated, otherwise people won't hesitate using it.
many people place bitcoin as a digital asset for the future. and indeed most people have hope about a better bitcoin future. I think that with more support from the community, this will be achieved

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June 10, 2019, 12:15:10 PM
 #149

Quote
The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country.

Why only one "official exchange" in every country?Sounds like a monopoly to me.
I think it would be nice if every country has a crypto regulation agency that works with the crypto industry only.This will bring more clarity to the regulatory environment.

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June 10, 2019, 12:35:17 PM
 #150

2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months.

I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met.

First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts.

The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety.

There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements.

Let's support Bitcoin...


2017 was really a great year for everyone of us because this the year where bitcoin boom and many people attracted to invest in but as time goes by bitcoin is fading and the price became lower and lower. Bitcoin nowadays is really unpredictable that's why we need to watch every second because anytime it will boom like what happened last 2017.

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June 11, 2019, 08:12:44 AM
 #151

The continuing mass adoption and the upcoming bitcoin halving will set the condition for another bullrun in the coming months or year. 2017 is already a history and another one is in the making barring any unforeseen negative events in the future. FUDs and other criticims against bitcoin will continue but this will not deter the top coin in reaching all-time highs.

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June 11, 2019, 06:41:48 PM
 #152

in any case, Bitcoin is the pioneer of the cryptocurrency market, and any parity has a high price.  In addition, if Bitcoin is actually used for its intended purpose, then its value will only strengthen.  But we still have to pay attention to such projects, which not only is interested in, but also enjoys almost everything.  Already in the autumn of this year, Telegram announced the launch of its personal blockchain.

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June 12, 2019, 02:14:45 AM
 #153

2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months.

I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met.

First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts.

The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety.

There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements.

Let's support Bitcoin...


2017 was really a great year for everyone of us because this the year where bitcoin boom and many people attracted to invest in but as time goes by bitcoin is fading and the price became lower and lower. Bitcoin nowadays is really unpredictable that's why we need to watch every second because anytime it will boom like what happened last 2017.
we know many who say the market will return to its origin. I'm sure so is Bitcoin, which will return to its peak like 2017. But no one knows when that happened and I think that's where the art is to regulate our psychology
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June 12, 2019, 03:33:55 AM
 #154

For a coin to see progress, it means the buy orders must always exceed the selling orders which means investors must always be trooping or the coin must be a good target for traders. How can investors or traders attention get drawn to a coin in order to improve the community of the project? The answer is just simple - through awareness creation.
The same principle applies to Bitcoin. For new investors to join and raise the demand, Bitcoiners must create more awareness to the globe, witnessing the advantages of Bitcoin to our contemporary world especially in the field of finance.
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June 12, 2019, 06:44:01 AM
 #155

2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months.

I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met.

First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts.

The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety.

There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements.

Let's support Bitcoin...


2017 was really a great year for everyone of us because this the year where bitcoin boom and many people attracted to invest in but as time goes by bitcoin is fading and the price became lower and lower. Bitcoin nowadays is really unpredictable that's why we need to watch every second because anytime it will boom like what happened last 2017.
we know many who say the market will return to its origin. I'm sure so is Bitcoin, which will return to its peak like 2017. But no one knows when that happened and I think that's where the art is to regulate our psychology
  We are witnessing on the current market progression has hiking up gradually that lead people to specualte an accurate outcome in the mere future. Bull trend may not exceed at this time, hopefully befor this year end it will totally show up and break the bouncing barrier.
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June 12, 2019, 12:21:35 PM
 #156

Many are speculating that 2017 history seems to repeat itself this year. The graph is almost the same as those of 2017 graph. But who knows? There are many possibilities to happen now. There are many progressive happenings about bitcoin. As you can see, many establishments and merchants are showing their support by accepting btc as a payments. That's a one step forward for adoption. And the development of price is also increasing. Showing support with bitcoin by using it and patronizing it is the least we can do.
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June 12, 2019, 12:32:35 PM
 #157

Funny thing is that a lot of people are pretending that they want the price of bitcoin to become stable, but these same people are the ones that will still come to ask you when the price of bitcoin will be going up cause they have HODL for a long time and feel they deserve to make enough profit. People are really confused and don't know what they want. They better admit it that what they want is for the price to be volatile, though out of greediness they only want the price to be going up only and nothing else.
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June 12, 2019, 06:29:54 PM
 #158

The continuing mass adoption and the upcoming bitcoin halving will set the condition for another bullrun in the coming months or year. 2017 is already a history and another one is in the making barring any unforeseen negative events in the future. FUDs and other criticims against bitcoin will continue but this will not deter the top coin in reaching all-time highs.
In 2017 price was very good and at that time so many new countries have adopted bitcoin, I am sure in 2019 there will be huge increase in price, we should try to make it safer by holding, selling now is not good for the future progress of bitcoin, now a day we only want more and more investors to keep the market price higher.
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June 12, 2019, 09:46:18 PM
 #159

The continuing mass adoption and the upcoming bitcoin halving will set the condition for another bullrun in the coming months or year. 2017 is already a history and another one is in the making barring any unforeseen negative events in the future. FUDs and other criticims against bitcoin will continue but this will not deter the top coin in reaching all-time highs.
In 2017 price was very good and at that time so many new countries have adopted bitcoin, I am sure in 2019 there will be huge increase in price, we should try to make it safer by holding, selling now is not good for the future progress of bitcoin, now a day we only want more and more investors to keep the market price higher.

Of course we only want what's best for bitcoin and if its price will reach another time highs,eventually we will also make a huge benefit from it.Hopefully,more merchants will open their hearts for bitcoin because once the government sees the potentials of bitcoin,then big merchants will start accepting bitcoin not just as an investment but as a real currency already.

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June 12, 2019, 10:17:53 PM
 #160

But first, I think what investors are really looking for in a cryptocurrency is its stability, having a less volatile value as possible. Because you really canot afford to lose much money especially during massive swings and reversals-- it is just very risky. Stability and Security is what it would take for bitcoin to attract more people.

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