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Author Topic: What is your expectation  (Read 2138 times)
fzkto
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March 02, 2022, 12:43:18 PM
 #61

The adoption of bitcoin by all civilised countries is inevitable. It is a new kind of asset that many big companies have. There are legal bitcoin exchanges in many countries. Progress does not stand still. I am sure that soon bitcoin will be something like an international settlement system on a par with CBDC.

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March 02, 2022, 09:02:21 PM
 #62

I am expecting crypt to become like something of a foreign currency all over the world. Imagine living in a nation like Germany where you use euro, how do you see dollars or ruble or yuan or whatever? You see that as a foreign fiat right? All of your legal system is based around that? Sure, in the USA, you have dollars then you see euro or pound and what not as foreign currency right? All the legal system is done around that?

Okay, bitcoin should be like that as well. If it is decentralized and not tied to any one company or person then it should be considered that way. USDT not so much, that is tied to just one company and they should be treated differently.
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March 02, 2022, 10:40:26 PM
 #63

I am expecting crypt to become like something of a foreign currency all over the world. Imagine living in a nation like Germany where you use euro, how do you see dollars or ruble or yuan or whatever? You see that as a foreign fiat right? All of your legal system is based around that? Sure, in the USA, you have dollars then you see euro or pound and what not as foreign currency right? All the legal system is done around that?

Okay, bitcoin should be like that as well. If it is decentralized and not tied to any one company or person then it should be considered that way. USDT not so much, that is tied to just one company and they should be treated differently.

Well for that case it will happen if more country especially the first world will adopt or create a law that they will make it as a legal tender nor confirming its presence on their financing system but if we always see the same things like banning or not considering it the same with fiat due to its past reputation then maybe we might struggle to see this expectations to happen.

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March 03, 2022, 01:02:58 AM
 #64

If I could remember, I think Russia once banned bitcoin and cryptocurrencies, am not sure, so I stand to be corrected, but what am driving at is that this is just the beginning, am expecting many other countries to join the bitcoin movement soon, to me, it doesn't matter whether bitcoin and cryptocurrency trading becomes regulated or not, what matter is that bitcoin is super popular and many countries are beginning to realize it's importance, soon, alot of other countries will join in making bitcoin and cryptocurrencies legal, am expecting this between now and 2025.
since russian trying to banned and corrected its policy more people from world wide know about cryptocurrency , and i see alot state and countries consider bitcoin as legal tender. giant company also realize how bitcoin and cryptocurrency potential if applied in their business. mass adoption maybe will happen this year. and maybe 4 year cycle bullrun will ended too due this market participants.
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March 03, 2022, 02:00:41 AM
 #65

I am expecting crypt to become like something of a foreign currency all over the world. Imagine living in a nation like Germany where you use euro, how do you see dollars or ruble or yuan or whatever? You see that as a foreign fiat right? All of your legal system is based around that? Sure, in the USA, you have dollars then you see euro or pound and what not as foreign currency right? All the legal system is done around that?

Okay, bitcoin should be like that as well. If it is decentralized and not tied to any one company or person then it should be considered that way. USDT not so much, that is tied to just one company and they should be treated differently.

Well for that case it will happen if more country especially the first world will adopt or create a law that they will make it as a legal tender nor confirming its presence on their financing system but if we always see the same things like banning or not considering it the same with fiat due to its past reputation then maybe we might struggle to see this expectations to happen.

So far it's early to tell, specially how Europe will adopt bitcoin or crypto. Germany has open it's door, but there are arguments specially against bitcoin now on how it affects the environment.

Might be a hard sell because as we all know, majority of the country in Europe are trying to promote "clean and green" environment.

In any case though, maybe Asia or some in Latin America will bitcoin be used and become a legal tender.

R


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March 03, 2022, 09:02:41 AM
 #66

We have heard all the news about countries deciding to make bitcoin as legal, the latest being Russia and Ukraine as they both are also in some political problem. Obviously with this new statement that has been made on bitcoin status in those countries, it could be regulated by the government.
What is your expectation of bitcoin ?
In these two countries it is possible that bitcoin does not work as expected, with regulations set by the government, moreover the two countries are currently facing war, but for other countries I don't think it will have a big effect on bitcoin's journey, there are many problems that occur in the world. , but it doesn't completely make bitcoin go down at its lowest price, if because of these two countries bitcoin will go down far, then there are other bigger influences that determine bitcoin from the past until now

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March 03, 2022, 07:50:42 PM
 #67

Of course, my hope is that all countries decide to make bitcoin legal, such as Russia, Ukraine, and El Salvador, who first made bitcoin a legal tender. If a country has legalized cryptocurrency then the local people are calm to buy and trade bitcoin and other cryptocurrencies.
I think many countries have decided  that the best approach right now for them is to try to regulate the industry, however I do not think they are going to agree with making bitcoin a legal tender.

The President and the congress at El Salvador took a huge step forward by doing something like this, after all if I am honest I was not expecting something like that to happen until at least an additional decade passed, however we cannot expect that every single political leader will be as forward thinking as them, however as times passes more countries will take the same step and that is when bitcoin will become completely unstoppable.

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March 04, 2022, 09:34:40 AM
 #68

Hope for Bitcoin to get back on track is good, because it has been a very long time Bitcoin has not recovered after the highs it reached in the previous year to date. The hope is that this month Bitcoin can reach a price of $50K, but with the various polemics in Ukraine and Russia that are going on, it doesn't seem like it can be realized.

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March 04, 2022, 09:42:02 AM
 #69

Hope for Bitcoin to get back on track is good, because it has been a very long time Bitcoin has not recovered after the highs it reached in the previous year to date. The hope is that this month Bitcoin can reach a price of $50K, but with the various polemics in Ukraine and Russia that are going on, it doesn't seem like it can be realized.
I think that bitcoin is doing just fine, isn't the current price right now alright? I don't think that it's going to happen this month but remember that bitcoin always does the seemingly impossible so it might make something that we don't expect. Hopefully we might be able to see bitcoin unaffected by the current conflict.
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March 04, 2022, 12:30:11 PM
 #70

What is your expectation of bitcoin ?
I didn't expect much about Bitcoin,  I just hope that it comes to the moment where it becomes a legal tender not just in known and developing countries but across the globe. As it was started becoming a legal tender, it can be possible that the rest will follow and those who ban Bitcoin will even change their mind as well. May this take so long but at least there is a light to such development and market improvement. Yeah, we are going that way.

R


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March 04, 2022, 01:03:35 PM
 #71

What is your expectation of bitcoin ?
I didn't expect much about Bitcoin,  I just hope that it comes to the moment where it becomes a legal tender not just in known and developing countries but across the globe. As it was started becoming a legal tender, it can be possible that the rest will follow and those who ban Bitcoin will even change their mind as well. May this take so long but at least there is a light to such development and market improvement. Yeah, we are going that way.

I also don't expect too much from Bitcoin, I just want there are no more countries that ban Bitcoin. I also don't need to hope that Bitcoin will replace
fiat, the most important thing is that Bitcoin can be an alternative payment for me that's a good enough. But the fact is that there are still many
countries that always think negatively of Bitcoin, they prohibit the use of Bitcoin to their residents. Even though a country prohibits its residents from
using Bitcoin is a waste of time, because residents of that country can still use Bitcoin. There is always a way to be able to use Bitcoin, so why not
just legalize Bitcoin, so the government can benefit from bitcoin.

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March 04, 2022, 01:06:53 PM
 #72

I would hope Bitcoin is not reliant on governments especially Russia which hardly acts out of principle but evasion of their own negative actions.     Someone said BTC does best when its banned in a completely ironic way, Im not sure its directly true but generally I would side with BTC doing well being not intended by anyone in power and likely we continue in that way.    Im not bullish because of governments, they cost and tax people and are often the problem we are trying to correct not a source of positive action imo

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March 04, 2022, 06:39:38 PM
 #73

We have heard all the news about countries deciding to make bitcoin as legal, the latest being Russia and Ukraine as they both are also in some political problem. Obviously with this new statement that has been made on bitcoin status in those countries, it could be regulated by the government.
What is your expectation of bitcoin ?
bitcoin recognized as a currency, more and more countries are adopting it, and many more are my hopes for bitcoin in the future.  this year is an extraordinary year for bitcoin, we see 2 countries (Russia and Ukraine) recognize it as a currency, more and more countries will recognize it as well, mass adoption looks very close.

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March 04, 2022, 08:01:27 PM
 #74

I also don't expect too much from Bitcoin, I just want there are no more countries that ban Bitcoin. I also don't need to hope that Bitcoin will replace fiat, the most important thing is that Bitcoin can be an alternative payment for me that's a good enough. But the fact is that there are still many countries that always think negatively of Bitcoin, they prohibit the use of Bitcoin to their residents. Even though a country prohibits its residents from
using Bitcoin is a waste of time, because residents of that country can still use Bitcoin. There is always a way to be able to use Bitcoin, so why not just legalize Bitcoin, so the government can benefit from bitcoin.
Unbanning bitcoin is highly possible, a lot of countries already went in to this phase where they ban and unban btc. We can say that this is not high or too much expectation but for btc to become a legal tender I think this is the real one that is too much because this isn't easy and as we can see there's only 1 country that have done this so far.

The recent happening in the war makes other countries realize how useful btc was and after this, they might now unban btc but if your on a country where btc is still banned, you should obey the rules even if you think you can easily bypass the restriction so that you're free from trouble.

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March 04, 2022, 08:51:53 PM
 #75

We have heard all the news about countries deciding to make bitcoin as legal, the latest being Russia and Ukraine as they both are also in some political problem. Obviously with this new statement that has been made on bitcoin status in those countries, it could be regulated by the government.
What is your expectation of bitcoin ?
The market is simply moving in a way that it is incredibly difficult to predict, so at this point I will take whatever the market throws at me and just accept it, after all after a few days of recovery we are once again seeing the market going down and now we are again close to the 40k level, if anything I expect the current situation to last for a few more months until we know what  will be the results of the war between Russia and Ukraine.
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March 04, 2022, 09:44:58 PM
 #76

We have heard all the news about countries deciding to make bitcoin as legal, the latest being Russia and Ukraine as they both are also in some political problem. Obviously with this new statement that has been made on bitcoin status in those countries, it could be regulated by the government.
What is your expectation of bitcoin ?
bitcoin recognized as a currency, more and more countries are adopting it, and many more are my hopes for bitcoin in the future.  this year is an extraordinary year for bitcoin, we see 2 countries (Russia and Ukraine) recognize it as a currency, more and more countries will recognize it as well, mass adoption looks very close.
They have no choice since some of their online transactions are being restricted so making Bitcoin legal is a big help for them. This is a good news and there will be a good effect for Bitcoin, and if more countries recognize this as legal, I can expect for the price of Bitcoin to reach a new peak before the year end.
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March 06, 2022, 10:25:26 AM
 #77

Hope for Bitcoin to get back on track is good, because it has been a very long time Bitcoin has not recovered after the highs it reached in the previous year to date. The hope is that this month Bitcoin can reach a price of $50K, but with the various polemics in Ukraine and Russia that are going on, it doesn't seem like it can be realized.
I think that bitcoin is doing just fine, isn't the current price right now alright? I don't think that it's going to happen this month but remember that bitcoin always does the seemingly impossible so it might make something that we don't expect. Hopefully we might be able to see bitcoin unaffected by the current conflict.
The price is still fine because for me if Bitcoin prices above $30k are included in the stable category. I also believe that Bitcoin is able to do something difficult to reach by everyone. It could be that the impossible thing was done by Bitcoin this year or it could be next year. However, behind the positive expectations of Bitcoin, peace between the two wars that is war can occur soon.

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March 06, 2022, 11:42:23 AM
 #78

My expectation that this war will bring more sudden that help to this market, the prices of crypto will drops more lower in the following days.

this war will last long and may affect the whole world badly .
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March 06, 2022, 08:58:25 PM
 #79

My expectation that this war will bring more sudden that help to this market, the prices of crypto will drops more lower in the following days.

this war will last long and may affect the whole world badly .
If it brings help then why would the price drop? the beginning of the war had shock every market including in crypto and that makes the price fall but eventually countries are now in favor with crypto and that helps the price recover. The effects of war can last a little longer because Russia have targeted the nuclear power plant of Ukraine and that can cost more damage in the country. It's in the news too that other forces are now joining Ukraine, that is a sign that war's are getting extended. It seems that Russia have no plans to stop.

It's crazy to think that the war have started by two countries but later on, more and more countries are not getting involved with it.

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March 07, 2022, 06:05:48 AM
 #80

My expectation that this war will bring more sudden that help to this market, the prices of crypto will drops more lower in the following days.

this war will last long and may affect the whole world badly .
what kind of help and hope comes here, crypto in general will be affected by the war situation that occurs in the two countries, but what we need to understand is that there is no such big impact that will affect crypto in the future, the crypto journey process has started with various events, but until now crypto is growing and correct with various kinds of problems that occur, and I don't think this situation will have a bigger impact on crypto in the future

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