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DarkIT
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July 07, 2021, 11:00:56 AM |
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If it was a real news, surely it makes many traders happy. Because by making promises, many altcoin projects scamming traders. They call it as market standard, but the fact is it affected the moderate traders. The richone will hold money for long. The less investors, cadh out then and their. The only suffering person is moderate trader. |
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yhiaali3
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Activity: 1876
Merit: 1999
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July 07, 2021, 07:41:01 PM |
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This is not surprising because Germany was one of the first European countries to try to regulate cryptocurrency. Of course, it placed many restrictions on fraudulent currency projects and put restrictions to regulate cryptocurrency. I think that this German step should be adopted by all countries because regulating cryptocurrency is much better than fighting it, At least, these governments will ensure obtaining benefits and taxes through the development of regulatory legislation for cryptocurrencies instead of losing this money that would have gone to the government treasury. Of course, this does not mean that the German government adopts cryptocurrencies and can place restrictions on them at any time, especially in these times when Witnessing a violent attack on cryptocurrencies.
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dark1234
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July 07, 2021, 10:17:01 PM |
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until now we still can't 100% believe the regulation will run for a long time because we see Germany is one of the countries that limits the growth of crypto currency and if this regulation continues there is no change in policy then we have to appreciate and maybe other European countries will start following germany in the growth of crypto economy there
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Saisher
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July 07, 2021, 11:05:30 PM |
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This is good news and can pump the market, I hope they can deliver the goods, the market has been full of FUDS for many months now and this is a breather from all the FUD that the market has been receiving, $415 billion is such a huge amount and can pump the market so it's not really hopeless for this year to reach another all-time high. |
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leea-1334
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July 08, 2021, 05:56:24 AM |
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until now we still can't 100% believe the regulation will run for a long time because we see Germany is one of the countries that limits the growth of crypto currency and if this regulation continues there is no change in policy then we have to appreciate and maybe other European countries will start following germany in the growth of crypto economy there
We must really be on different planets because I have seen Germany be quite good towards crypto. Or you are saying two conflicting things here because first you say Germany limits crypto and then you say others should follow Germany in the growth of crypto economy. By the way,,, growth of economy and allowing for investment in crypto business. Not the same things especially if all this investment is defi related which I bet you they will be. Grows only the lending economy;) |
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Dump3er
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July 08, 2021, 06:10:23 AM |
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The news are indeed correct. The law came into effect on July 7th and first moves could already be observed by those so called Spezialfonds. One article says that none of the 4,000 Spezialfonds wants to be the last and they are now dedicating a lot of resources to ensure to make the right decision as to which crypto assets they are going to add to their portfolio. As assets under management by those fonds is close to 2 trillion EUR, the overall sum that could go into crypto is close to 400 billion EUR. |
SOMETIMES YOU WIN, SOMETIMES YOU LEARN!
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bitterguy28
Full Member
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Activity: 2184
Merit: 182
“FRX: Ferocious Alpha”
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July 08, 2021, 06:13:31 AM |
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This is good news and can pump the market, I hope they can deliver the goods, the market has been full of FUDS for many months now and this is a breather from all the FUD that the market has been receiving, $415 billion is such a huge amount and can pump the market so it's not really hopeless for this year to reach another all-time high. Many Months is exaggerated mate because the market just started to fall couple just 2 months ago meaning that is not so many. but indeed this is a good news if will be take place because at some point this will bring best result for the whole crypto market. |
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Reatim
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July 08, 2021, 12:19:37 PM |
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If this information is obtained from a reliable source, of course I will believe it. and of course this is good news for crypto currency lovers because the German government has been able to accept the presence of crypto currency.
Germany has been long time seeing the value of crypto , and i believe that there are many germans that seek to want crypto in their possession like what Russians fo. But of course there are many speculation and those are the chances that this may be true or just a another speculative. But hoping that this will be credible and true because this is one good step from another government to make good move towards crypto. |
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Wong Gendheng
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July 08, 2021, 02:26:03 PM |
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Most news from any site is hard to believe, news is always different from the facts so we must always look for comparative information, especially Yahoo, where news sources are from other sites, the most important thing is that we must always double-check so that we can retrieve the correct information. |
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barota
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July 09, 2021, 12:24:08 AM |
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i think the government hate crypto , germany has no benefit for support bitcoin , all government want currency that organize money like usd , eur and the bitcoin cannot be organized because because created against banks In the areas of speed and ease of transction of money
generally people creat and use fake news for their benifit , and everyone should not trust most of news but investing money after several studies and information
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husdemba
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Pepemo.vip
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July 09, 2021, 06:43:21 AM |
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I don't believe this information. Currently, all developed countries are abstaining from cryptocurrencies. These states will follow the developments for a while.
The state is difficult to run, and Germany is not El Salvador. We may see this news in the future, but it isn't convincing under these conditions.
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bitterguy28
Full Member
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Activity: 2184
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“FRX: Ferocious Alpha”
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July 09, 2021, 07:49:03 AM |
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I don't believe this information. Currently, all developed countries are abstaining from cryptocurrencies. These states will follow the developments for a while.
The state is difficult to run, and Germany is not El Salvador. We may see this news in the future, but it isn't convincing under these conditions.
Sorry but what's the condition now that this can't happen ? and are you Russian or at least working in the government to tell us that this is impossible to happen this time? |
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ethereumhunter
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July 09, 2021, 11:05:44 AM |
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I do not believe in that news because the media itself plays with their words and sometimes makes their readers confused about what they wrote. I prefer to see what will happen to the market but with the media, we can get more information although much fake news. But if that is real, it could attract more investors to join crypto and help the crypto popularity in Germany. Sooner or later, crypto will grow and maybe the rise of crypto can start again.
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jaberwock
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July 09, 2021, 02:22:38 PM |
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England is not rejecting crypto, they are just regulating it very hard and yes that is sometimes not good because we want it to be regulated less in order to let it grow higher faster but what china is doing and what England is doing are totally different things. One of them is totally banning it, while the other one is just putting more laws on it for it to exist and that is a big difference. However the best one is by far Germany of course, we are talking about half a trillion dollars worth of money going into crypto, that is unheard of and that's awesome. However I do think that there is a bit of lie somewhere in there, I mean if 415 billion dollars were invested into crypto recently, that would have skyrocket the price to 300k in a day, probably have lasting impact towards 500k total as well but it didn't which tells you what you need to know about that news. |
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el kaka22
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www.Crypto.Games: Multiple coins, multiple games
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July 10, 2021, 08:34:37 AM |
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I do not think that "new" 415 billion dollars is invested into crypto. This could be basically local exchanges or whatever they have in Germany (unfortunately I do not know Germany situation I have never been there) then we could basically assume that money that was somewhere else and with this new law then the money went into the banks.
That is what I assumed happened, think about it if there were 415 billion dollars worth of bitcoin went into bitcoin recently, don't you think we would realize it? Hell even when Tesla had 1.5 billion dollars investing into crypto we were all very happy about it and the price went up like crazy and we are talking about nearly 300 times more money than that, which should mean that the price would be insanely high by now. That is why I do not think that we do have something close to that, I believe this was just moving money around and that's it.
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KryptoKings (OP)
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July 11, 2021, 10:48:04 PM |
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Well i just came across the information so i post here to see and verified by ourselves. there are lot of information flying out there day by day so we need to get it right before passing out, i know many individuals do lot of research about getting some trusted information.
Cryptocurrency is the future of currency!
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DU18
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Binance #SWGT dan CERTIK Audited
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July 12, 2021, 09:16:05 AM |
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based on the existing survey, germany is the country that has the most crypto investors in the world, and almost 14% of crypto investors are from germany, and it might be a consideration for the german government to make the regulation by only limiting investment to around 20% in crypto and I personally think that this will have a huge impact on the market later, because I see now that the fud carried out by the Chinese government is still affecting the market until now. The country with the most crypto investors  Source : Invictus Capital, April 2021 |
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Chato1977
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July 12, 2021, 10:19:28 AM |
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Another Fake news  German that has Not strict rules will Just make a Law about this 415 Billion dollars investments? Yeah they have Many Crypto investors but this is not just like a Daily basis business. Germany is harsher towards monetary regulations so I don't think there will be more of these even if this comes into effect. Also, Most of the higher economy governments will not approve something like this and will retrace back sooner or later. The first thing we need to have is positive mind set towards regulations.
Well yes they are and knowing how hard to regulate crypto? this seems to be a Dream for now. |
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KryptoKings (OP)
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July 14, 2021, 08:12:11 AM |
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Another Fake news German that has Not strict rules will Just make a Law about this 415 Billion dollars investments? Yeah they have Many Crypto investors but this is not just like a Daily basis business. Germany is harsher towards monetary regulations so I don't think there will be more of these even if this comes into effect. Also, Most of the higher economy governments will not approve something like this and will retrace back sooner or later. The first thing we need to have is positive mind set towards regulations.
Well yes they are and knowing how hard to regulate crypto? this seems to be a Dream for now. Well sincerely speaking I don't really know how authentic is the news, I have to make it open for everyone to read and confirm. |
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