Next Reason For BTC Price To Goes Up

[klaaas]

economy of the world is crashing and  a lot of countries are already entering into big debt

Any debt can be paid by the USA https://www.youtube.com/watch?v=Ck3FuTzZvhI
It is true that the world economy is a big mountain of debt since printing money can be endless. People fearing that system will run to bitcoin or metals since it is valued at scarcity what drives the price up.

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[maianh09]

Last push could be $30K before we all get REKT again, lol.

You got the idea

Being here for two years make me getting used to these ups and downs. Oh well, I'll try to be more positive for the next rally for the greater good.
[/quote]I also became calm even when the bear market appeared. We join Cryptocurrency long enough to feel that nothing is worst. Just wait and overcome all difficulties when the bear market appears. Bitcoin will increase when the bear market ends, the price of Bitcoin will always increase, and its price will increase day by day. What we need to do is wait.

[qiwoman2]

I think the main catalyst for the Bitcoin price to surge will be based on two main events, the halving of LTC, aka LITECOIN which might cause a mini pump in the whole market and also, of course, the reward halving for Bitcoin itself happening next year in 2020. There are other things also that can spur Bitcoin into a nice parabolic bull run and that could be kore legislation being passed in countries that are very pro blockchain technology and Bitcoin and also more usage through the Unbanked Populations as well. Also, the more ordinary people get used to maybe holding a small portfolio of Altcoins and Bitcoin in their savings portfolio, could also spark another bull run too.

[Pab]

Next very interesting what i will not aware of it

https://www.forbes.com/sites/ktorpey/2019/03/14/heres-bitcoins-best-use-case-right-now/#30b4ff6b609c

Abra wallet wiil make Bitcoin as Collateral for Real World Assets

Abra CEO Bill Barhydt gave a talk about how his company’s mobile app works under the hood at the 2019 MIT Bitcoin Expo. For those unfamiliar with Abra, it effectively allows users to peg the value of the bitcoin on their phones to a large number of other assets such as U.S. dollars or Apple stock.

After he finished his presentation, an audience member asked Barhydt about how Abra’s users may affect the price of bitcoin. In his response, Barhydt shared his belief that the functionality enabled by Abra is the best use case of bitcoin right now.

“Yeah, I mean, I think the single best use case for bitcoin over the next five years is the collateralization of real world assets to facilitate banking,” said Barhydt. “As a matter of fact, I don’t even know what number two is. So, until we have a second layer that can actually enable real-world payments, this is the best use case of bitcoin I’ve ever seen. So, by definition, there’s not enough bitcoin right now to collateralize all the assets one would want to do with this. Well, I think there’s the answer to your question.”

[fiulpro]

And you know a very interesting thing , Bitcoins since they are going up the government have initiated a plan for letting people pay taxes in Bitcoins ;

Thus now you can actually pay taxes in Bitcoin and government is allowing it so it means it's gaining recognition too from every side, the price is having a productive influence on both market value and at the same time it's good for even people who are looking forward to invest since the market is going to go up for sure.

It is a good sign 👍

[1Referee]

And you know a very interesting thing , Bitcoins since they are going up the government have initiated a plan for letting people pay taxes in Bitcoins ;

Thus now you can actually pay taxes in Bitcoin and government is allowing it so it means it's gaining recognition too from every side, the price is having a productive influence on both market value and at the same time it's good for even people who are looking forward to invest since the market is going to go up for sure.

It is a good sign 👍

Governments aren't directly accepting Bitcoin though. It's just a third party gateway they use to receive fiat after every tax payment.

I think it's actually a bad thing. If you use Bitcoin to pay your taxes with, they are going to be aware of the transaction data and from there can basically follow you through the years, where you trade, what addresses you use for long term storage, etc. It's basically them making it easier to bust you and charge even more because you didn't declare everything they way you should have according to them. It's a trap.

Another reason this isn't a good thing is because of how these coins will be used to temporarily short Bitcoin because they don't sell their coins immediately. They short to cover the risk of the price that might go down.