Mulberry posted:I want to mention and clarify 2 important things on this:
Unless the price falls through $5000 on it's way to $0. I am still skeptical about crypto. I can see how there is a place for it but without regulation it cannot survice and the current crop of crypto are unable or unwilling to be regulated
1.Regarding being sceptical about crytpos, there were always some people who were sceptical about Bitcoin and cryptos when Bitcoin price was $2,$20,$200,$2000,$20000 and now it is around 10 years from Bitcoin invention starting with few cents per BTC with multiple ups and downs. Also, I am sure there will be definitely some people who will remain sceptical may be even after few more years when Bitcoin price will be 200K,2M or 5M USD per BTC. That is normal at least for me in my past 7 years and that's how the wealth transfer is happening in the world now and will continue to happen so that no authorities or entities can hold or control large amounts of wealth under their control and that's why the Bitcoin ups as well as downs both are needed.
2.Regarding crypto regulation, Bitcoin was created originally with the intention to remove the regulator and NOT to be regulated. It means regulation will happen as long as governments and central banks and other authorities try to control and print money at their will. But Bitcoin was created to make all such entities and authorities redundant and useless and not the other way around. I mean they can regulate centralise cryptos like facebook's Libra, but can't regulate the decentralised Bitcoin and decentralisation is the key concept of cryptos and Bitcoin. After functioning of sufficient number of decentralised of crypto exchanges such a term called 'Regulation' will vanish permanently, because there might be no governments or central banks exist at all to regulate any such things.
Artificial General Intelligence
Jul 10 2019 at 14:39
Mulberry posted:
Unless the price falls through $5000 on it's way to $0. I am still skeptical about crypto. I can see how there is a place for it but without regulation it cannot survice and the current crop of crypto are unable or unwilling to be regulated
I don't see it being regulated/ Regulation would be the death for crypto
Mulberry posted:
Unless the price falls through $5000 on it's way to $0. I am still skeptical about crypto. I can see how there is a place for it but without regulation it cannot survice and the current crop of crypto are unable or unwilling to be regulated
You are wrong! The terminology of crypto is not like as the general currency! So, regulation isn’t any issue here! Crypto can’t be scam!
Jul 15 2019 at 11:31
If the US want to regulate crypto then they can and they will. Who knows what the consequences will be but it is naive to say crypto cannot be regulated. If regulation is introduced then those that are unregulated will become unusable in vast swathes of the world
CrackedMic posted:
If the US want to regulate crypto then they can and they will. Who knows what the consequences will be but it is naive to say crypto cannot be regulated. If regulation is introduced then those that are unregulated will become unusable in vast swathes of the world
BTC doesn’t care any regulation issue; even from the US president!
Jul 22 2019 at 14:44
AmDiab posted:CrackedMic posted:
If the US want to regulate crypto then they can and they will. Who knows what the consequences will be but it is naive to say crypto cannot be regulated. If regulation is introduced then those that are unregulated will become unusable in vast swathes of the world
BTC doesn’t care any regulation issue; even from the US president!
Maybe you are talking about long run; but in a short period of time, BTC will suffer if Trump bans BTC in USA!
Too much vested interest for BTC to be banned in US. There is too much money involved already for crypto to be banned. There may be some regulation but that would help BTC
Jul 23 2019 at 13:37
Aqissiaq posted:No one can kill the BTC; that’s the beauty! Surely US will ban BTC when the price will be out of control like 50-60K.
Too much vested interest for BTC to be banned in US. There is too much money involved already for crypto to be banned. There may be some regulation but that would help BTC
Adribaasmet posted:Aqissiaq posted:No one can kill the BTC; that’s the beauty! Surely US will ban BTC when the price will be out of control like 50-60K.
Too much vested interest for BTC to be banned in US. There is too much money involved already for crypto to be banned. There may be some regulation but that would help BTC
50-60 thousand? I think, it’s not possible within 2020! Maybe after 2025; we have this type of price value for per BTC!
Jul 29 2019 at 07:53
Well; who thought the price will be around 10K during 2012-13? No one actually! So, there is nothing like impossible in BTC!
Adribaasmet posted:
Well; who thought the price will be around 10K during 2012-13? No one actually! So, there is nothing like impossible in BTC!
Good point. I guess when the excrement and speculation start again it is not impossible that BTC will be up to $100,000+
Farbious posted:Adribaasmet posted:
Well; who thought the price will be around 10K during 2012-13? No one actually! So, there is nothing like impossible in BTC!
Good point. I guess when the excrement and speculation start again it is not impossible that BTC will be up to $100,000+
I think so; till now I can remember when the price was only 6$! If I knew; lolzz (I can’t amazing)!
Farbious posted:Adribaasmet posted:
Well; who thought the price will be around 10K during 2012-13? No one actually! So, there is nothing like impossible in BTC!
Good point. I guess when the excrement and speculation start again it is not impossible that BTC will be up to $100,000+
Now the price is around 8K; maybe the last chance of gathering BTC with cheap price!
I don’t know why the price is till now below the 8K; although we are very near of BTC halving!
i recon will be around 6000 at the end of december. at pinch point now i recon the drop is coming.
Dec 02 2019 at 14:50
I am looking to buy BTC and I think there are a lot like me who are waiting for price to fall and get to $4000-5000. Once that happens one more time the price will start to rise and will go back up to $20,000 in the next 12 months
Jan 04 2020 at 16:37
Hi Leo; how are you buddy? What’s your expectation on this BTC halving?
And what with current coronavirus thing of all that matter absolutely anyway, does it sounds somewhat bad or entirely not possible? I do not clearly see anyway what is what on that topic, I bet BTC will fall lately to miriad of the things in reality.
Oct 01 2020 at 05:57
Coronavirus is kind of boost trading activities and volatility in investment market. However, it is affecting other financial sector severally.
