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MusaMohamed
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July 05, 2021, 12:18:23 PM |
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Germany are against ICO and they don't have easy regulations for cryptocurrency market. Don't hope too much from any news like this. German government can change from raw plans to detailed plans and with detailed plans that will be applied, you will get sort of very different regulation. The market is in a vulnerable time and easily to be affected by fud, news related to policies. It is time for policy-maker and abusers to play their games. |
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Gozie51
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July 05, 2021, 01:30:11 PM |
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From the site , I think there is a pinch of truth in it. I think it is the range of investment coming into cryptocurrency in Germany through Spezialfonds or Specialfonds. Spezialfonds are the dominant institutional investment vehicle in Germany. A sizable allocation of this market toward crypto could have profound implications across Europe, because the country has the eurozone’s largest economy. This move too will cause the euro zone to start thinking of pumping money into crypto currency because Germany happens to be an eye in Europe and a big tech country, this will give more confidence to others to follow. |
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bonghip
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bông
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July 05, 2021, 06:22:46 PM |
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I think it's not certain, because it's only theoretical. Ex: China is always giving out information and most of it is just to create fluctuations for the market. I'll only believe it when it actually starts working. This is good news anyway, but how many people will believe it? $415 billion is a huge amount! Can Germany?
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velosepur
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July 05, 2021, 06:44:39 PM |
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Can be positive news sure. But Germany an EU have no plans and priority to change relation to crypto. Stability of economy and bank and money sistem is their wish so we will wait more for some steps like article mentioned.
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Bitcoin_Arena
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฿itcoin for all, All for ฿itcoin.
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July 05, 2021, 10:31:45 PM |
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Germany are against ICO and they don't have easy regulations for cryptocurrency market.
But there is a difference between and ICO and an established cryptocurrency like Bitcoin. An ICO is way of funding a crypto start up. So they could be totally against ICOs not totally against cryptocurrencies. Anyway regardless, such news never excites me. Whether they join or not, the crypto markets will still continue to grow as time goes by. |
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Twinkledoe
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★Bitvest.io★ Play Plinko or Invest!
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July 05, 2021, 10:38:51 PM |
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Germany are against ICO and they don't have easy regulations for cryptocurrency market.
But there is a difference between and ICO and an established cryptocurrency like Bitcoin. An ICO is way of funding a crypto start up. So they could be totally against ICOs not totally against cryptocurrencies. Anyway regardless, such news never excites me. Whether they join or not, the crypto markets will still continue to grow as time goes by. It says from the article that those members of Spezialfonds have the option of allocating maximum of about 20% of their portfolio to crypto. Now, we don't know what kind of crypto investments are they talking about here. And it depends on their financial managers where they will invest that amount and to what kind of crypto investments. But it is already good news because it means, some will buy more btc or any crypto in their portfolio. Though not all may not avail this option, but it may create impact in the btc price as it is giving positive vibes towards crypto. |
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tabas
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July 05, 2021, 10:58:38 PM |
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This move too will cause the euro zone to start thinking of pumping money into crypto currency because Germany happens to be an eye in Europe and a big tech country, this will give more confidence to others to follow.
If this news is genuine since it's from yahoo. Why it seems that there's not that much effect on the market? Maybe we're going to see the impact of it once it's already being done by them. But if there are bad news that comes from this country, there will be for sure an equal reaction to the market as immediate as it can. |
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Cherylstar86
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July 05, 2021, 11:59:19 PM |
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My advice for everyone of who read any typical news announcements or whatsoever said unbelievable things just to hype a cryptocurrency, be extra careful. Don't easily ride on their tactics because it might corrupt your mindset. Sometimes it could change our idealism and won't give us good results if we're rushing out to believe their promises. After that news, is there any market progress happening? I guess there wasn't yet. |
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anu1908
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July 06, 2021, 02:48:15 AM |
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even if this is true, just remember that those billions of money don't necessarily enter the market right at the moment the law is in effect. it might not affect the market at all in the short term. don't fall for hype so easily so you don't lose a lot of money.
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Dinda mayasi
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July 06, 2021, 03:33:50 AM |
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I am not sure of the news. Maybe it's just a coincidence. The main influence is the market and the culprit. I believe the need factor in society will be the advancement of digital technology in the economy that is what is real happening.
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rodskee
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July 06, 2021, 04:29:36 AM |
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I think it's not certain, because it's only theoretical. Ex: China is always giving out information and most of it is just to create fluctuations for the market. I'll only believe it when it actually starts working. This is good news anyway, but how many people will believe it? $415 billion is a huge amount! Can Germany?
yes , 415 billion will surely shaken the market if this is true but it looks like a publicity news only , or maybe Germany is just checking what's the sympathy of the country or even the world about this if they will implement . I am not sure of the news. Maybe it's just a coincidence. The main influence is the market and the culprit. I believe the need factor in society will be the advancement of digital technology in the economy that is what is real happening.
At least the news makes people aware of it , specially they crypto community that will enjoy and benefits from this for sure. |
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unusualfacts30
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July 06, 2021, 05:40:19 AM |
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Yes, this kind of fund can really boost the crypto market during this time. BTC can easily pass 42k this week after this money inflows in crypto market. Market is already getting boosted after this news was released as large investors are climbing back inside the market to take advantage of the situation.
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Bitcoinjheta
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July 06, 2021, 05:52:14 AM |
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it seems unbelievable to happen funding that huge amount of money into crypto will surely take effect into the market making its value surge up high in just an hour. This information are purely fake news so be careful in investing do not easily get into the articles much better to track directly on the blockchain for comfirmation. |
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velosepur
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July 06, 2021, 08:50:12 PM |
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We had similar news and speculations earlier too. We need to have calm head and follow official news, best solution sure. Amount is big really. Some regulations there changing maybe but that procces cant be fast so I think we will not miss news from government and money regulatory agencies from EU cointries.
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senyorito123
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July 06, 2021, 10:07:36 PM |
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I am not fun reading articles like this, all I wanted is the actual outcome on this date. This isn't a good joke if they just say it without a strong support, so to make it become legit information we must see results in the midst of theoretical figures. Cryptocurrency investments should be done with safer reference, we can't just decide quickly unless you're certain on that perspectives driven out by the whole topic ideas. |
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elisabetheva
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July 06, 2021, 10:36:03 PM |
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I am not sure of the news. Maybe it's just a coincidence. The main influence is the market and the culprit. I believe the need factor in society will be the advancement of digital technology in the economy that is what is real happening.
Indeed, it is impossible to always decide something related to the finances of a country with the situation with the needs that occur. because indeed we must also recognize the need and the existence of technological advances to be a priority because no one wants to be left behind with the situation of technological progress. but whether we can always believe in news that is not necessarily true can be used as a strong reason, although it is clear that this will certainly be a very positive thing where the crypto situation which happens to be is not good. |
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leea-1334
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July 07, 2021, 04:14:31 AM |
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It is old news shared already by someone even last week. It is not about believing it or not,,, it is already fact and law. This is just an update to say now the implementation period is already upon us.
Whether or not firms will really do it is also a certainty,,, what is uncertain is how many firms and how much.
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Xinarae*
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July 07, 2021, 06:05:14 AM |
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I don't think it's right for us to believe all this information many times they are victims of scams, so we need to do our own research and find out the information. The germans are investing up to 415 billion in new legislation because they have a big reason behind it or are trying to scam investors because the demand for crypto markets to invest may increase. You have to go ahead with the plan and practice the market well without believing these companies.
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Ararbermas
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July 07, 2021, 06:39:58 AM |
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If this news is genuine since it's from yahoo. Why it seems that there's not that much effect on the market? Maybe we're going to see the impact of it once it's already being done by them.
But if there are bad news that comes from this country, there will be for sure an equal reaction to the market as immediate as it can.
I see they're really interested now to invest in crypto currency.. Btw probably this is legit because this news spreading in different site, such coindesk, bitcoin.com and four others crypto related sites wherein not just in yahoo. IMO this may not showing impact in the market right now but for sure once most investors saw that there's a small improvement in the market because of this positive news, expect there's a panic buying, even though we don't know yet which crypto in the market they will invest.. Lol |
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