G20 Wont Regulate Cryptos At This Point it Seems - Bull Run Started

in bitcoin •  7 years ago  (edited)

G20 rejects calls for cryptocurrency regulation

This was unexpected.

Markets Getting Bullish

Notice volumes on both the dump and the pump.

Follow, Resteem and VOTE UP @kingscrown creator of http://fuk.io blog for 0day cryptocurrency news and tips!

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Carney has bigger problems to worry about than cryptos. The amount of derivatives in the banking system poses a far bigger risk to the whole world! Cryptos are nothing compared to that ticking bomb.

Good points.. Imagine if the total value of the derivatives market ($1.2 Quadrillion) moved into crypto?

You are right. Cryptos is not the problem. They are just being introduced to a new currency and they don't know how to handle it. And those old dinosaurs should have left politics a long time ago and pass it on to forward thinkers. Not people who want to block the progress of the masses every chance they get. People need freedom and crypocurrency provides that freedom.

Dude, you nailed it. Tip!

cryptos are rather transparent - there are whales that manipulate the market so you better watch out :)

Agreed, especially with the trash storm of CDO's in the banking system, The Federal Reserve and Big banks of wallstreet pose a much greater risk and much more scamming of innocent people than an unregulated crypto market has/will.

Yes and now the bond market exceeds $100 trillion !

Yes this is great news.. but do you think it is a green light for crypto now.. or do you think we still have a lot more things ahead that need to change.

Steem is not in bull market

That's awesome news.

G20 isn't over yet. Nothing is decided. This is just one man's opinion. Expect regulations.

A bull run on this news alone , won't last long.

Long live the bull run! All of my investments are green, finally. Days like these tell you which of your altcoins will recover the fastest in my opinion. While there are so many small cap altcoins I'm excited about, for me DeepOnion and Zero reaching 50% gain today has to be the best result!

Millions of people around the world are fans, traders and Holders of cryptocurrencies and I am one of them in a country that Rejects crypto by law,,, So the rejection Regulation of crypto is just Governments plan to make us scared and stay away.
Because they are scared crypto will bring more democracy and more financial stability of normal people.

I hope you're right. It will be nice to see steem prices going up again.

Awesome Post! Thank you for give us nice info :)

Now that's more like it! This is the kind of news is what the crypto world needs. What we need is support and not some freakin regulation. Hopefully, Carney won't change his tune later on. Thanks for informing us of this great news @kingscrown.

This ia such great news @kingscrown. Its open goal session!

정말 좋은 정보입니다.

If this is the case, then great news. We have enough regulation in the world. Lets keep crypto unregulated for as long as possible. Take power away from the regulators and central planners and bring it back to the people.

Been reading some posts about SBD being pegged back to 1$ by witnesses

Is it possible since SBD is already in market
I thought the market influences the price

Thanks for this Update
Greetingz from Italy.

PARTY TIME! :D

  ·  7 years ago (edited)

They don't see us coming, do they? That's awesome! I believe with the gaining acceptance of Bitcoin transactions and the potential to drive smart contracts through the Ethereum blockchain, that the flood doors will soon be opened and that 1% of the GDP will look like a big calm before the storm. No need for regulation.

  ·  7 years ago (edited)

Great news. Looks like the market was dropping in anticipation of possible negative news from this meeting. Off to the races now.

This is such great news. My portfolio has been taking serious hits the past couple of weeks, months, and days. I can't wait to see massive gains come soon.

nice one

The bear market has gone and the floor of these dip have already reach. Prepare for a good leap.

I hope you are right

thanks for news brother ^^

  ·  7 years ago (edited)

I still think it's a small bull run based on the news, I don't think we're completely out of the bear market just yet.

The Board of Directors of the Bank for International Settlements (BIS) has appointed Mark Carney, Governor of the Bank of England, as Chair of the Global Economy Meeting (GEM) and the Economic Consultative Committee (ECC), after consultations with members of the GEM.

The appointment takes effect on 1 December 2017.

Whatever he says, it is not said in the interests of the people, only the banks...

Congratulations @kingscrown, this post is the eighth most rewarded post (based on pending payouts) in the last 12 hours written by a Hero account holder (accounts that hold between 10 and 100 Mega Vests). The total number of posts by Hero account holders during this period was 400 and the total pending payments to posts in this category was $5397.12. To see the full list of highest paid posts across all accounts categories, click here.

If you do not wish to receive these messages in future, please reply stop to this comment.

Ambiguous news. There are good, bad and ugly sides. G20 is not ready regulate crypto, the filed is to young, nobody really understans it. They pospone and it's good. Wild west continues, that's bab. I'm tired of price manipulations and individual regulations from some countries. The the ugly side - they don't take it seriously still.

https://steemit.com/cryptocurrency/@cryptohumster/g20-news-wild-west-forever-the-good-the-bad-the-ugly-in-my-review

What people and governments and banks do not realize is that even when the Stock Market repeatedly crashes, it continues... so too will the cryptos.

I listened to Mark Carney being interviewed on Bloomberg last week (I think), he did have a more positive view of Cryptos!

Really wonderful job
Show prices wonderful You are a wonderful person and publishes wonderful things

The market is too sensitive about regulation.

Nice post my friend

Is there a way to short-sell crypto like you can with stocks? If it becomes an indices like Eurodollar or S&P you can buy options to hedge the risk of a correction.

excellent

When you copy/paste or repeatedly type the same comments you could be mistaken for a bot.

Tips to avoid being flagged

Thank You! ⚜

Good 👍👍