Bitcoin increasing rapidly , It has grown to its hights any is setting new standards for itself.
perryjohn765
(perryjohn765)
Member Since Sep 12, 2017
149 posts
Oct 12 2017 at 14:56
How can it be dead? It is still growing higher and higher with almost 5200 at the moment and I personally feel 6k is not so far now.😄
mlawson71
Member Since Dec 11, 2015
1487 posts
Oct 13 2017 at 14:06
How times change.
Only two years ago the EU was planning on cracking down bitcoin and cryptocurrencies in general (https://www.forexbrokerz.com/news/eu-plan-crackdown-virtual-currency-anonymous-payments-fight-terrorism-funding) due to concerns about money laundering and financing terrorism and now large parts of the world, including the EU, seek to embrace them.
Only two years ago the EU was planning on cracking down bitcoin and cryptocurrencies in general (https://www.forexbrokerz.com/news/eu-plan-crackdown-virtual-currency-anonymous-payments-fight-terrorism-funding) due to concerns about money laundering and financing terrorism and now large parts of the world, including the EU, seek to embrace them.
testerfinal
Member Since May 03, 2011
8 posts
Oct 15 2017 at 01:29
But the Price arrive to 5850 USD
Bitcoin hit a new record high of $5,856 this morning, but the question everyone will be asking is, can the rally continue?
AbelardFX posted:
Bitcoin hit a new record high of $5,856 this morning, but the question everyone will be asking is, can the rally continue?
By saying rally will continue if you mean whether Bitcoin will continue to increase more and more without any big pull back or drawdown, then the obvious clear answer is NO. It will definitely give pull back and big drawdowns while time passes by, but when the retracements will happen I don't know.
But if you are referring whether Bitcoin price will increase more and more in future, then I have an obvious answer YES. In fact, I can say it is just a beginning when many people say it is end or it is bubble or BTC is dead etc.
BTC price may reach at least 25K within next few months and as high as may be 100K within next couple of years very easily.
Artificial General Intelligence
mlawson71
Member Since Dec 11, 2015
1487 posts
Oct 16 2017 at 13:39
CySEC just installed new rules about trading cryptocurrencies in Europe. The regulator has set limitations on the trading conditions of CFDs on cryptocurrencies offered by its charges. (https://www.forexbrokerz.com/news/CySEC-sets-leverage-volume-limits-on-cryptocurrencies-CFDs-cancels-EU-passporting-rules-on-those-instruments)
Probably the most significant part of the document concerns the banning of exercising of EU passporting rules when offering CFDs on cryptocurrencies. In other words, if trading in cryptocurrencies or products with them is forbidden in a given EU or third country, the broker should not offer those products in it.
Also, under the new rules, the brokers must not offer to retail clients a leverage of more than 1:5 on those instruments and the volume of crypto CFDs should not exceed 15% of the total turnover of the broker per quarter.
In my opinion, regulators taking cryptocurrencies this seriously is another sign of their growing popularity.
Probably the most significant part of the document concerns the banning of exercising of EU passporting rules when offering CFDs on cryptocurrencies. In other words, if trading in cryptocurrencies or products with them is forbidden in a given EU or third country, the broker should not offer those products in it.
Also, under the new rules, the brokers must not offer to retail clients a leverage of more than 1:5 on those instruments and the volume of crypto CFDs should not exceed 15% of the total turnover of the broker per quarter.
In my opinion, regulators taking cryptocurrencies this seriously is another sign of their growing popularity.
AlexanderPetrex
Member Since Oct 03, 2017
5 posts
Nov 07 2017 at 08:15
rodragon posted:
Bitcoin is dead?
Big NO. Not Possible.
It is Biggest Cryptocurrency & Big in Market Capitalisation.
Bitcoin Prediction 2030: Kim Dotcom Says $100,000 Bitcoin Price Is Possible
Read More... https://goo.gl/VnqNo5