Republikcoin.com
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August 11, 2022, 09:40:20 AM |
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The hope is that after Russia and Ukraine legalize bitcoin, many other countries will also legalize cryptocurrencies in their countries. Moreover, cryptocurrencies have developed rapidly and many large institutions are eager to use them in the midst of the recent crisis situation in a volatile world that could hit the broader financial sector.
I hope so too, but every country also needs time to legalize Bitcoin as the two countries you mentioned have done. Because every country has rules and regulations specifically in determining every new thing to be legalized. Even though Bitcoin is best for all countries to legalize, each country also needs to learn the things needed so that it doesn't conflict with existing state rules before making legalization of the new thing.
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Mario Yamasaki
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August 11, 2022, 01:20:32 PM |
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Even though today's market is up more than 7%, but I don't expect too much, I just want the price of Bitcoin to return to the level of $ 40k now, if the price can return to $ 40k then I will hold my bitcoin for longer because I'm optimistic that the price will be keep rising.
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BobK71
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August 11, 2022, 05:27:14 PM |
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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 ?
I think bitcoin is one of the most reliable means of transaction in today's world. If we can increase public awareness about Bitcoin, it will spread easily all over the world and we will get more benefits as well. If we know about its benefits without considering investment then it will be able to move towards higher position. As soon as the recent global war ends, the price of Bitcoin can rise significantly in what we refer to as a bull run.
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Rigon
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August 11, 2022, 05:36:37 PM |
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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 ?
I think bitcoin is one of the most reliable means of transaction in today's world. If we can increase public awareness about Bitcoin, it will spread easily all over the world and we will get more benefits as well. If we know about its benefits without considering investment then it will be able to move towards higher position. As soon as the recent global war ends, the price of Bitcoin can rise significantly in what we refer to as a bull run. Yes indeed Bitcoin is a medium of transaction where people can easily and securely transfer billions of rupees instantly.And yes indeed if we can increase the popularity of bitcoin all over the world but it will be more popular and its status will double.And especially this bitcoin is the best coin to invest and the most popular in the world.
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Zanab247
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August 11, 2022, 06:14:00 PM |
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My country will be part of those countries that will make Bitcoin lega 2023 because many citizens need Bitcoin in the land, so that they can use it to improve in their academy and other businesses in the country like the way other countries that made it legal has used it to reduced unemployment in their land. I believe, Bitcoin price will reach $80k in 2023 for Russia and Ukraine to use the opportunity to earn well from their Bitcoin investment to sustain through out the hardship that is affecting the citizens in the land.
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rhodelmabanal
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August 11, 2022, 11:45:28 PM |
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My expectations about bitcoin is that it will go to 100k$ in the next 4 years from now if there is no negativity happen, btc will surely become more valuable in the near future, because people that is now using crypto is rising day by day and soon we will saw more demand on it and it will lead btc price to rise drastically.
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bots1
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August 17, 2022, 09:32:34 PM |
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Of course we hope that in the future more and more countries in the world will legalize bitcoin. Although we know that so far there are still many countries that do not yet have clear provisions regarding bitcoin. Most countries choose to use a wait and see approach or wait for the development of bitcoin in the long term. Therefore, with Russia and Ukraine having legalized bitcoin, hopefully it can encourage other countries to legalize bitcoin to be used as a medium of exchange.
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fuguebtc
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August 17, 2022, 10:06:37 PM |
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Of course we hope that in the future more and more countries in the world will legalize bitcoin. Although we know that so far there are still many countries that do not yet have clear provisions regarding bitcoin. Most countries choose to use a wait and see approach or wait for the development of bitcoin in the long term. Therefore, with Russia and Ukraine having legalized bitcoin, hopefully it can encourage other countries to legalize bitcoin to be used as a medium of exchange.
Bitcoin being widely used around the world is something we all want, but bitcoin's biggest hurdle is still the government. Many governments are wary of bitcoin because once accepting bitcoins means their power will be reduced somewhat, bitcoin is not their product and they cannot control it so it is difficult for them to accept mass. Russia had a harsh reaction to bitcoin before, but when war broke out, they quickly accepted bitcoin, one side used it to evade sanctions, and the other used it to donate to charity during the war. Both are using bitcoin for short term personal use. I don't know how they will react after the war is over.
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arufox
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August 17, 2022, 10:16:46 PM |
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Right. I'm also surprised that there isn't much news about Central Africa having officially adopted bitcoin as a legal tender. Maybe because Central Africa uses the Franc currency so the news is not as big as El Salvador because the currency of the country of El Salvador is the dollar so when they adopted bitcoin as a legal tender it made headlines in the world. This is my guess.
I was also a little surprised and didn't expect that Central Africa had adopted Bitcoin for legal payments and it should be a scene because there aren't many rich countries in this part of Central Africa. And as I read on the investor.id site it says that the Central African Republic is the second country to officially adopt Bitcoin for legal payments after El Salvador. That's really amazing in my opinion. Right. Indeed, the adoption of bitcoin by Central Africa is quite surprising for the crypto world because Central Africa is one of the poorest countries in the world. This is also because there are still many rich countries in the world that have not legalized bitcoin. So many questions arise about what underlies Central Africa to legalization of bitcoin as a means of payment.
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BobK71
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August 18, 2022, 02:55:55 AM |
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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 ?
If we notice one thing that Bitcoin is not at the previous level. Now the world's big leaders are also considering it. Some are identifying it as a political weapon. Some are accepting it and some are banning it. In such a situation I think that Bitcoin is not one's own property. According to its advantages and usage, Bitcoin will surely overcome all the hurdles and occupy the top position in the future.
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Smack That Ace
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August 18, 2022, 03:17:04 AM |
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Right. I'm also surprised that there isn't much news about Central Africa having officially adopted bitcoin as a legal tender. Maybe because Central Africa uses the Franc currency so the news is not as big as El Salvador because the currency of the country of El Salvador is the dollar so when they adopted bitcoin as a legal tender it made headlines in the world. This is my guess.
I was also a little surprised and didn't expect that Central Africa had adopted Bitcoin for legal payments and it should be a scene because there aren't many rich countries in this part of Central Africa. And as I read on the investor.id site it says that the Central African Republic is the second country to officially adopt Bitcoin for legal payments after El Salvador. That's really amazing in my opinion. Right. Indeed, the adoption of bitcoin by Central Africa is quite surprising for the crypto world because Central Africa is one of the poorest countries in the world. This is also because there are still many rich countries in the world that have not legalized bitcoin. So many questions arise about what underlies Central Africa to legalization of bitcoin as a means of payment. Rich and developed countries, they still don't accept bitcoin because they have their national currency, it is representative of their economy. They have enough potential to grow the economy so they are in no hurry to accept bitcoin as a legal tender. 3rd world countries like El Salvador or Central Africa accept bitcoin because they don't have their own national currency or their currency depreciates. Accepting bitcoin as legal tender is also one of their efforts to revive the economy and reduce dependence on other countries' currencies like dollars.
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Pesona1
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August 19, 2022, 07:35:56 PM |
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Even though today's market is up more than 7%, but I don't expect too much, I just want the price of Bitcoin to return to the level of $ 40k now, if the price can return to $ 40k then I will hold my bitcoin for longer because I'm optimistic that the price will be keep rising.
Rising inflation is now making bitcoins again have a bad impact, because yesterday the FED again tried to tighten interest rates, so what is happening now is that bitcoin prices are getting lower, I personally also hope that bitcoin can reach its highest price this year , but it seems that the negative sentiment that continues to hit bitcoin forces us to continue to be patient for who knows how long. ![Cry](https://bitcointalk.org/Smileys/default/cry.gif)
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skarais
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August 19, 2022, 07:43:45 PM |
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Rising inflation is now making bitcoins again have a bad impact, because yesterday the FED again tried to tighten interest rates, so what is happening now is that bitcoin prices are getting lower, I personally also hope that bitcoin can reach its highest price this year , but it seems that the negative sentiment that continues to hit bitcoin forces us to continue to be patient for who knows how long. ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) ATH is not too sure it will happen again this year, but it is more likely to happen next year or in the next 2 years. I don't think ATH can be achieved before the next halving especially after ATH November 2021. I can expect ATH to happen after the halving, it's much more convincing to be true. After all the recent crash in bitcoin price has cast a lot of doubt on investors to buy more as deeper declines can be expected. -8% more in the last 24 hours is something I didn't expect early last week, but that's the reality when the market is affected by bad news. I hope by the end of August bitcoin can close its price at $24K again, but who knows if it will drop below $20K.
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newdevices
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August 20, 2022, 09:19:47 AM |
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Even though today's market is up more than 7%, but I don't expect too much, I just want the price of Bitcoin to return to the level of $ 40k now, if the price can return to $ 40k then I will hold my bitcoin for longer because I'm optimistic that the price will be keep rising.
Rising inflation is now making bitcoins again have a bad impact, because yesterday the FED again tried to tighten interest rates, so what is happening now is that bitcoin prices are getting lower, I personally also hope that bitcoin can reach its highest price this year , but it seems that the negative sentiment that continues to hit bitcoin forces us to continue to be patient for who knows how long. ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) we just have to be patient and hold if you have bought it at the bottom price, if you have bought Bitcoin at the price of $18k, then you will really be safe, the sentiment is still negative, especially the economic inflation that is happening in the world causing stocks and cryptocurrencies to decline which is very drastic, therefore, just hold on, believe that for 2023 the price can be better
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kesmex
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August 20, 2022, 03:58:30 PM |
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my expectation at the end of 2022 is bitcoin can reach the price of $50k again, because if it gets to $50k, I'm sure altcoins will also climb back up, I'm also sure that many traders and investors are frustrated with their portfolios, of course it's tough, but we're still at it. bearish market, so just enjoy
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savetheFORUM
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August 21, 2022, 09:40:21 AM |
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my expectation at the end of 2022 is bitcoin can reach the price of $50k again, because if it gets to $50k, I'm sure altcoins will also climb back up, I'm also sure that many traders and investors are frustrated with their portfolios, of course it's tough, but we're still at it. bearish market, so just enjoy
So many regular people and experts are predicting that btc can end this year with that price but even if btc didn't reach 50k but as long as it's rising, other altcoins will also follow it and they will also make a small increase. Haven't you noticed that last time, when btc rise to 23 and 24k? Alts like eth, matic and many more are also showing a growth. No mate, they are not frustrated with their portfolios but they are glad to see that the market is still showing an effort to improve. This is a tough year indeed mostly for investors but not really for the traders because they can still be able to take advantage of this small price change which happens from time to time.
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serjent05
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September 11, 2022, 11:18:02 PM |
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When we are talking about Bitcoin expectations, I believe this does not limit to a year or two. anything that we wanted Bitcoin to be in the upcoming years or decade right? Well, I expect Bitcoin will always follow the 4 year-cycle until the last coin is mined. Since the Bitcoin halving is the catalyst of this cycle. I also expect that more and more companies will take advantage of the technology and community Bitcoin offers. The country will start following the footstep of El Salvador when it comes to cryptocurrency adoption and the price of BTC will continuously go up after each hiccups and negative sentiment.
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Rajamuda
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September 12, 2022, 12:48:14 AM |
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We are all free to express our own expectations, but in this case we are here too, of course we have to look at the various things that can affect this. Day after day there will definitely be many unexpected things, will it have a bad effect or vice versa, crypto is still strong, and crypto is still supported by more people today, is it worth it if we underestimate bitcoin with just a few events? I don't think it can turn off Bitcoin's movement yet.
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EdenHazard
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September 12, 2022, 10:23:24 PM |
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Not only the currency , the technology behind such blockchain would explode used in a mass adoption , everything would be not just digitized but decentralized under blockchain technology and even more the blockchain itself going to have an evolution time after time .
Which means hopefully the current glitch , vulnerability would get covered and perfected. That's all.
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Duzter
Sr. Member
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September 12, 2022, 11:45:33 PM |
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Both the countries were at their worst economic situation. By the time they'll be with different plans to retain the growth. Bitcoin too can give hands, during the war cryptocurrency usage served as a big change for the traditional fiat as the world countries imposed restriction over Russia on transactions. I expect these country people to continue the usage of cryptocurrencies same as they were using it before the war.
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