Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: TomPluz on May 31, 2021, 04:53:23 AM
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On the door, I am talking about China and its recent decision to maybe fully implements its cryptocurrency ban decision already made years ago and also the possible cracking down of Bitcoin miners resulting into many miners to relocate somewhere else away from this control-freak country.
The window is India. For the past many years, this country could not decide once and for all whether to follow China's ban or allow cryptocurrency albeit a strictly regulated environment - I think the latter is winning based on some news coming from the country.
We are hoping that eventually the India market - which is really HUGE - can be opened legally soon and this can be inspiring other countries who are still doubting on the viability and economic benefits of the blockchain and cryptocurrency to also take a look.
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Who knows India will be the next China (in terms of economic growth through crypto).
Well, I'm pessimistic about the recent cryptocurrency banned of China. As far as I know this looks similar from the past but still some Chinese crypto enthusiasts continuesly access and use crypto.
If things might change because of strict Chinese government policy towards crypto. And India is open hand to start and pursue educating their citizens. It is possible that India is the next China or better than China in economic business and crypto growth.
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I hope India is able to make up its mind and take that bold step in legalizing cryptocurrency but I take is that we have other countries that do not have all these restrictions on cryptocurrencies and are more into green energy, why ain't they into bitcoin mining whilst cutting the monopoly of china? I hope that sooner we will see all this happen.
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Indian economy is still not that much stable like china. China has a very good GDP and their economic conditions are one of the top in the world. But in India many people are still living under the poverty line. Most of the people are not really educated about the real use of crypto. Most of them are here only to trade earn and then cash out. But there is a few group of people aho are trying to promote crypto in India.
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It is the way of life, one way close another will only, China can keep playing their cat game of always banning crypto, the intentions of the Chinese government are not pure, I can't seem to understand why they are doing this all the time.
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When it meets with the country's regulation, it may be quite difficult to even push the government to legalize crypto.
Well, as long as I know, in China, is it only forbidden for the government officers to play in crypto?
If yes, it may be still hoping that crypto can really be a positive trend again.
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That it's one thing about life, once a door close another open, because necessity its the father of invention, am not surprised about that.
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From the very beginning, China was making fud about cryptocurrencies but people still use cryptocurrencies in China, and of course in China there have been a lot of problems with the use of cryptocurrencies lately, but I think after a while everything will be ok as it was before, so we just need to wait and about India, of course, there will be no such amount of investors and money from India as from China.
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As far as I know, only cryptocurrency mining is prohibited in China, its circulation in the country is still free. Banning mining will have little impact. Miners have already been under the possibility of such a ban since 2017, and many have already left the country.
As far as India is concerned, I am not that optimistic. We need to wait for the government and the legislation of this country to make a final decision on the legalization of cryptocurrency. For too long they have been thinking about the possibility of a complete ban on the circulation of cryptocurrency.
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I think India should focus on solving the problem with the pandemic, then crypto problems. FUD is just a way for whales to manipulate the market, and this breaking news is also aimed at FOMO. I only refer to the news for entertainment, do not use it as an investment suggestion. And I still think the bullrun is still going without any positive news.
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I guess Indian Central Bank will prepare a new ban that will be compatible with the Law. The danger is still there.
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Who knows India will be the next China (in terms of economic growth through crypto).
Nothing is impossible but I don't think India has the same power as China right now. Even India can be the next China, it should take a long time, probably in the next many years in the future.
Well, I'm pessimistic about the recent cryptocurrency banned of China.
China is likely playing with us, it is the same issue as in the past. China government announces crypto ban once there is a significant improvement in crypto market. Then, they will announce again the revocation of crypto ban if they think it is already enough to influence the crypto market.
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I think the development of the cryptocurrency industry is possible. When China decided to ban cryptocurrency, India also decided to ban cryptocurrency. I don't care about this news. It will bring great results for the cryptocurrency market. Which, of course, made the video an overnight sensation. Because no country's government can control cryptocurrency. Cryptocurrency transactions will not be stopped at the initiative of the government of any country. It is most suitable for investment at present.
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Well, in fact, these predictions are already coming true. The People's Bank of China has announced the illegality of all transactions in cryptocurrency, and we hear from the Government of India their intention to legalize cryptocurrency. Cryptocurrency is developing rapidly, new and very useful areas of their application are emerging. Even at the state level, they do not know what to do in relation to it. Therefore, the current decisions are not final. Everything will still change depending on the role that cryptocurrency will play in the future.
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Indian economy is still not that much stable like china. China has a very good GDP and their economic conditions are one of the top in the world. But in India many people are still living under the poverty line. Most of the people are not really educated about the real use of crypto. Most of them are here only to trade earn and then cash out. But there is a few group of people aho are trying to promote crypto in India.
Right ,the world largest economy now in china even better than America . So it's doubtfully speak that another window open .I think India never achieve investors wishes because indian GDP is going to decline for COVID-19 .
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I think the China market is quite huge and bigger than India, but I agree with you, yes, the Indians are piling into crypto in such alarming rate. I'm not Indian but I predict India would be a crypto stronghold in a few years
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China has already banned cryptocurrencies several times. So I think the cryptocurrency ban is a new conspiracy in China. They may want to buy more cryptocurrencies. I think they spread such news to control the cryptocurrency market. So investors need to be vigilant at all times. Cryptocurrency is much more promising worldwide. The resources in the cryptocurrency industry are never destroyed.
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On the door, I am talking about China and its recent decision to maybe fully implements its cryptocurrency ban decision already made years ago and also the possible cracking down of Bitcoin miners resulting into many miners to relocate somewhere else away from this control-freak country.
The window is India. For the past many years, this country could not decide once and for all whether to follow China's ban or allow cryptocurrency albeit a strictly regulated environment - I think the latter is winning based on some news coming from the country.
We are hoping that eventually the India market - which is really HUGE - can be opened legally soon and this can be inspiring other countries who are still doubting on the viability and economic benefits of the blockchain and cryptocurrency to also take a look.
Good advice, A big door closed, but another windows opens.
China has banned bitcoin but don't worry other countries will open their windows for bitcoin and altcoin.
I think China issue didn't have big effect for bitcoin progress.
It's just small issue.
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When it meets with the country's regulation, it may be quite difficult to even push the government to legalize crypto.
Well, as long as I know, in China, is it only forbidden for the government officers to play in crypto?
If yes, it may be still hoping that crypto can really be a positive trend again.
It's just matter of time, I think the government will accept and legalize crypto currency at the next several years.
Must be.
If they didn't loss the future technology.
That's my hope, of course we will see the Digital will come soon.
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China's ban on crypto has been from a long time ago and this FUD is used by whales to make the market down.
So far, we really know how this FUD will give an impact. ABout the door open, I don't think only India, there are many countries that are welcoming crypto and legalizing cryptos.
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China's ban on crypto has been from a long time ago and this FUD is used by whales to make the market down.
So far, we really know how this FUD will give an impact. ABout the door open, I don't think only India, there are many countries that are welcoming crypto and legalizing cryptos.
I agree, I think whales used this issue to buy bitcoin and altcoin at bottom.
That's just market strategy and we all see bitcoin price is going strong now.
So I believe Fudder gonna FUD, they took profit from it
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As market conditions are improving. So everyone hopes that every fortified currency will improve a lot.Investors tend to invest heavily when the prices of cryptocurrencies continue to rise. I think it’s great.Investors use a variety of art strategies to make a profit. And real investors are the biggest beneficiaries in the cryptocurrency market. So I think good times are starting to come for cryptocurrency holders.
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China's ban on crypto has been from a long time ago and this FUD is used by whales to make the market down.
So far, we really know how this FUD will give an impact. ABout the door open, I don't think only India, there are many countries that are welcoming crypto and legalizing cryptos.
I agree, I think whales used this issue to buy bitcoin and altcoin at bottom.
That's just market strategy and we all see bitcoin price is going strong now.
So I believe Fudder gonna FUD, they took profit from it
From this experience we should learn to be smarter, because situations like this happen very often. The big whales are actually doing this FUD, we shouldn't get carried away. We should not panic easily, and in my opinion, from now on we must abandon the great influence of FUD from China.
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China has already banned cryptocurrencies several times. So I think the cryptocurrency ban is a new conspiracy in China. They may want to buy more cryptocurrencies. I think they spread such news to control the cryptocurrency market. So investors need to be vigilant at all times. Cryptocurrency is much more promising worldwide. The resources in the cryptocurrency industry are never destroyed.
There are very competent economists in China who predict the development of the cryptocurrency market for many years to come. Therefore, news about the prohibition of cryptocurrencies periodically appears. This is all done with certain goals, since China cannot but see the prospects of the cryptocurrency market in the future.
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This time china ban the crypto market in their country and this is not good for the Chinese investors but soon they open that and after the Chinese investors the other big crypto investor country is the India and they invest so much money in the market and they also earn good money through this.
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I think the Indian market from year to year is always against cryptocurrencies and always gets into trouble, so it's no longer scary news and has become commonplace, cryptocurrency in India is used to make a mistake that makes cryptocurrency banned from circulating in India.
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China has already banned cryptocurrencies several times. So I think the cryptocurrency ban is a new conspiracy in China. They may want to buy more cryptocurrencies. I think they spread such news to control the cryptocurrency market. So investors need to be vigilant at all times. Cryptocurrency is much more promising worldwide. The resources in the cryptocurrency industry are never destroyed.
The Chinese government is not interested in cryptocurrency and they have proven it many times. This time everything is more complicated and more serious. Most likely, they decided to get rid of the cryptocurrency as a competitor to their digitized yuan, which will soon be officially introduced into circulation. Therefore, in the near future, the position of the Chinese government regarding the prohibition of cryptocurrencies will not change, and there it will be seen over time.
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China has already banned cryptocurrencies several times. So I think the cryptocurrency ban is a new conspiracy in China. They may want to buy more cryptocurrencies. I think they spread such news to control the cryptocurrency market. So investors need to be vigilant at all times. Cryptocurrency is much more promising worldwide. The resources in the cryptocurrency industry are never destroyed.
The Chinese government is not interested in cryptocurrency and they have proven it many times. This time everything is more complicated and more serious. Most likely, they decided to get rid of the cryptocurrency as a competitor to their digitized yuan, which will soon be officially introduced into circulation. Therefore, in the near future, the position of the Chinese government regarding the prohibition of cryptocurrencies will not change, and there it will be seen over time.
About Chinese government,
nevermind.
I think It's just whales strategy bought more at cheap then sell when high.
negative issue always they shared.. before the bullish.
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China has already banned cryptocurrencies several times. So I think the cryptocurrency ban is a new conspiracy in China. They may want to buy more cryptocurrencies. I think they spread such news to control the cryptocurrency market. So investors need to be vigilant at all times. Cryptocurrency is much more promising worldwide. The resources in the cryptocurrency industry are never destroyed.
The Chinese government is not interested in cryptocurrency and they have proven it many times. This time everything is more complicated and more serious. Most likely, they decided to get rid of the cryptocurrency as a competitor to their digitized yuan, which will soon be officially introduced into circulation. Therefore, in the near future, the position of the Chinese government regarding the prohibition of cryptocurrencies will not change, and there it will be seen over time.
About Chinese government,
nevermind.
I think It's just whales strategy bought more at cheap then sell when high.
negative issue always they shared.. before the bullish.
make sense, i also Its just whales strategy to buy at the dip.
I believe when the big door such as china ban bitcoin, there are many windows will open.
So no worries about crypto currency.
Crypto will survive and recover while dump.
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IMO, India is one of the largest countries in the world and also has the second-largest population, but in terms of crypto adoption I believe it's still far compared with China, But like the saying, goes "Nothing is permanent in this world' who knows soon India will overtake China in terms of economy and also in crypto adoption.
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On the door, I am talking about China and its recent decision to maybe fully implements its cryptocurrency ban decision already made years ago and also the possible cracking down of Bitcoin miners resulting into many miners to relocate somewhere else away from this control-freak country.
The window is India. For the past many years, this country could not decide once and for all whether to follow China's ban or allow cryptocurrency albeit a strictly regulated environment - I think the latter is winning based on some news coming from the country.
We are hoping that eventually the India market - which is really HUGE - can be opened legally soon and this can be inspiring other countries who are still doubting on the viability and economic benefits of the blockchain and cryptocurrency to also take a look.
Always there is windows open, when the other door closed. That's good.
I agree I think no one can refuse the technology and crypto currency is the future technology.
So, I believe It is impossible to block this technology.
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Always there is windows open, when the other door closed. That's good.
I agree I think no one can refuse the technology and crypto currency is the future technology.
So, I believe It is impossible to block this technology.
I think It often happened at previous.
China blocked and several countries too.
But bitcoin always be present and more popular day by day.
Several countries and bug companies also addopted block chain technology
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Always there is windows open, when the other door closed. That's good.
I agree I think no one can refuse the technology and crypto currency is the future technology.
So, I believe It is impossible to block this technology.
I think It often happened at previous.
China blocked and several countries too.
But bitcoin always be present and more popular day by day.
Several countries and bug companies also addopted block chain technology
I couldn't see any possibilities to be reasonable at any moment to block or stop blockchain technology where in fact it is now widely adopted not limited to businesses sector. China is part of crypto but not the heart and body. It means crypto will go on despite of China strict regulations.
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Always there is windows open, when the other door closed. That's good.
I agree I think no one can refuse the technology and crypto currency is the future technology.
So, I believe It is impossible to block this technology.
I think It often happened at previous.
China blocked and several countries too.
But bitcoin always be present and more popular day by day.
Several countries and bug companies also addopted block chain technology
I couldn't see any possibilities to be reasonable at any moment to block or stop blockchain technology where in fact it is now widely adopted not limited to businesses sector. China is part of crypto but not the heart and body. It means crypto will go on despite of China strict regulations.
Cryptography is a phenomenon that can no longer be stopped. Of course, many countries are trying, but a huge number of people already believe in cryptography and are going to continue their financial journey with it. And popularity in society is very important.
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Always there is windows open, when the other door closed. That's good.
I agree I think no one can refuse the technology and crypto currency is the future technology.
So, I believe It is impossible to block this technology.
I think It often happened at previous.
China blocked and several countries too.
But bitcoin always be present and more popular day by day.
Several countries and bug companies also addopted block chain technology
I feel he doesn't really look at crypto media platforms to see the crazy adoption of blockchain real use case. It's no longer new to the world that's why they don't have choice than to embrace and hold it.
China use blockchain because they believe in the tech and if even look closely, bitcoin or crypto is collection of different types technology that was built by different scientists but merge by Satoshi, so basically blockchain adoption began not today.
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On the door, I am talking about China and its recent decision to maybe fully implements its cryptocurrency ban decision already made years ago and also the possible cracking down of Bitcoin miners resulting into many miners to relocate somewhere else away from this control-freak country.
The window is India. For the past many years, this country could not decide once and for all whether to follow China's ban or allow cryptocurrency albeit a strictly regulated environment - I think the latter is winning based on some news coming from the country.
We are hoping that eventually the India market - which is really HUGE - can be opened legally soon and this can be inspiring other countries who are still doubting on the viability and economic benefits of the blockchain and cryptocurrency to also take a look.
It always be good topic to discuss, talking abaout china consideration to block bitcoin mining, I think their reason is make no sense. But it depend on their government rule. No worries about it. There are many countries will accept bitvoin and altcoin, So I think china will have own digital currency immediately, It's just market strategy to block bitcoin.
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China is possing as a hard country when it comes to the issues of Cryptocurrency but unknown to them that ban which they imposed against Cryptocurrency and Bitcoin miner's in the region cannot totally destroy Cryptocurrency industry in the whole world, so definitely other regions will eventually welcome Bitcoin miner's.
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China is possing as a hard country when it comes to the issues of Cryptocurrency but unknown to them that ban which they imposed against Cryptocurrency and Bitcoin miner's in the region cannot totally destroy Cryptocurrency industry in the whole world, so definitely other regions will eventually welcome Bitcoin miner's.
Yeah that's right, But the miners moved to America
https://www.google.com/amp/s/www.bbc.com/news/technology-58896545.amp :)
I'm not surprised that the Chinese government wants to ban crypto, because they think crypto can disrupt the economic system they want to implement.
I feel surprised by this action, because they reject crypto but still adopt blockchain, this is very funny
https://www.google.com/amp/s/qz.com/2065913/chinas-answer-to-crypto-is-the-digital-yuan/amp/ ::)
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Always there is windows open, when the other door closed. That's good.
I agree I think no one can refuse the technology and crypto currency is the future technology.
So, I believe It is impossible to block this technology.
I think It often happened at previous.
China blocked and several countries too.
But bitcoin always be present and more popular day by day.
Several countries and bug companies also addopted block chain technology
I couldn't see any possibilities to be reasonable at any moment to block or stop blockchain technology where in fact it is now widely adopted not limited to businesses sector. China is part of crypto but not the heart and body. It means crypto will go on despite of China strict regulations.
India is a very large country, but China is also large. It's good that India can accept miners from China. Don't forget about Kazakhstan, which also borders China.
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Indeed in every close door new opportunity will come in different ways and places. Cryptocurrencies is huge to adopt in a short time frame. It is good adoption through slowly but surely process. The important is the adoption is progressing. It is important and the best part to see cryptocurrencies is moving around the world. Maybe we can see Bitcoin be adopted globally in the future.
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I consider India should center on solving the difficulty with the pandemic, then crypto problems. FUD is fair a method for whales to operate the bazaar , and this violation information is too desired at FOMO. I as little as mention to the information for amusement , do not utilize it as an investing proposal . And I however worry the bull run is but running expect some practical report.
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Indeed in every close door new opportunity will come in different ways and places. Cryptocurrencies is huge to adopt in a short time frame. It is good adoption through slowly but surely process. The important is the adoption is progressing. It is important and the best part to see cryptocurrencies is moving around the world. Maybe we can see Bitcoin be adopted globally in the future.
Well, I think crypto will always find his solutions although a big door closed, But I think there are many windows will open to crypto currency.
Yes, I agree I think crypto should be adopted by many countries and companies. Because It's the future technology and I believe will be needed at the coming future.
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Indeed in every close door new opportunity will come in different ways and places. Cryptocurrencies is huge to adopt in a short time frame. It is good adoption through slowly but surely process. The important is the adoption is progressing. It is important and the best part to see cryptocurrencies is moving around the world. Maybe we can see Bitcoin be adopted globally in the future.
Well, I think crypto will always find his solutions although a big door closed, But I think there are many windows will open to crypto currency.
Yes, I agree I think crypto should be adopted by many countries and companies. Because It's the future technology and I believe will be needed at the coming future.
Companies will adopt cryptocurrencies in due time. Because cryptocurrencies is the future fiat that will have massive volume of transactions per second. The world will need cryptocurrencies to experience the advantage and advancement of this technology whereas so convenient and helpful. Time will come to mature the opportunity.
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I consider India should center on solving the difficulty with the pandemic, then crypto problems. FUD is fair a method for whales to operate the bazaar , and this violation information is too desired at FOMO. I as little as mention to the information for amusement , do not utilize it as an investing proposal . And I however worry the bull run is but running expect some practical report.
One problem should not get in the way of solving other problems. With its bans, China has freed a huge niche in cryptography, and it will not remain free for long. India in the near future will be able to become, if not second China, then at least take its rightful place in the world economy. And if the Indian authorities draw the right conclusions from the current situation, then India may well take the place of China.
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If India made certain moves...without a shadow of doubt, it would be nice to see
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Undoubtedly, India is the good market for the world for crypto currency. If they legitimize crypto, neighboring countries may follow according to the this is very simple. That's why i think it's a huge market. However, despite pressure form the Indian people to the government, they are giving permission unofficially but not formally.
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Gone are the days when we tought that btc ETF will help move crypto to a new high. we were deceived. btc moved on its own. same can be witness of china. no matter how china threaten to ban bitcoin, the crypto space will grow massively and china can't do anything about it. No matter the crack down by china. we will overcome. the crypto space is massive and bigger than china. many institution are considering crypto. china will fall back.
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Gone are the days when we tought that btc ETF will help move crypto to a new high. we were deceived. btc moved on its own. same can be witness of china. no matter how china threaten to ban bitcoin, the crypto space will grow massively and china can't do anything about it. No matter the crack down by china. we will overcome. the crypto space is massive and bigger than china. many institution are considering crypto. china will fall back.
The more people around the world recognize cryptocurrencies and start actively using them, the stronger they will become. Given the growth of the Bitcoin exchange rate, the popularity of cryptocurrencies began to grow and increase. I think that in 10 years there will be no people who would not use cryptocurrencies.
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I think India is surreptitiously waiting for the line the world powers would tilt to before joining dull tilt. US and China are going on opposite direction in crypto adoption, thus their stance. But I think they are softening up
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On the door, I am talking about China and its recent decision to maybe fully implements its cryptocurrency ban decision already made years ago and also the possible cracking down of Bitcoin miners resulting into many miners to relocate somewhere else away from this control-freak country.
The window is India. For the past many years, this country could not decide once and for all whether to follow China's ban or allow cryptocurrency albeit a strictly regulated environment - I think the latter is winning based on some news coming from the country.
We are hoping that eventually the India market - which is really HUGE - can be opened legally soon and this can be inspiring other countries who are still doubting on the viability and economic benefits of the blockchain and cryptocurrency to also take a look.
I think there is good way for crypto currency.
I don't think about a big door closed, because There are other doors will open.
As you said , elsavador and maybe will be other country open
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On the door, I am talking about China and its recent decision to maybe fully implements its cryptocurrency ban decision already made years ago and also the possible cracking down of Bitcoin miners resulting into many miners to relocate somewhere else away from this control-freak country.
The window is India. For the past many years, this country could not decide once and for all whether to follow China's ban or allow cryptocurrency albeit a strictly regulated environment - I think the latter is winning based on some news coming from the country.
We are hoping that eventually the India market - which is really HUGE - can be opened legally soon and this can be inspiring other countries who are still doubting on the viability and economic benefits of the blockchain and cryptocurrency to also take a look.
I think there is good way for crypto currency.
I don't think about a big door closed, because There are other doors will open.
As you said , elsavador and maybe will be other country open
There are many doors open for cryptocurrencies, behind which a huge number of people who believe in their future are waiting for them. There is no need to worry that something is not working out in the cryptocurrency market, since only those people who know their goal in cryptocurrencies and go to it have all the doors open.
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There are many doors open for cryptocurrencies, behind which a huge number of people who believe in their future are waiting for them. There is no need to worry that something is not working out in the cryptocurrency market, since only those people who know their goal in cryptocurrencies and go to it have all the doors open.
Yeah, As crypto fans , I think We should have confidential, crypto will be accepted at every where.
I don't think If there is country that close the door for crypto, It is just matter of time. I believe They will accept at the coming future.