Can governments crack down on crypto?

[smartaction]

100K USD was predicted to be where the price would experience quite crazy volatility, and BTC price not being able to reach 100K USD is part of that craziness. Many investors are taking profits, honestly I also wanted to take profits at around 95K-100K but in the end I want to sell my BTC at 100K USD as a beautiful memory.

Anyway, the uptrend is still ahead, altseason is waiting for us and crypto adoption at the national level will soon be activated. I look forward to a lot of positive news so that I can tell the crypto anti-fans that they have chosen the wrong side of history

If you are targeting bitcoin price at $100K you should wait because we have seen bitcoin only reach price $99,655 according to CMC records. and currently the price of bitcoin has dropped to $91,890. so forget about selling your bitcoin this week, because we will likely see a correction.
If you still have capital, be prepared to buy potential altcoins because the price of the top altcoins is still low if we compare its ATH achievement.

It must be admitted that the opportunity to reach $100K can be achieved, but maybe not this year, or it could happen this year. It's all hard to guess because when it is close to $100K, but there, is a correction again and, of course, it could be a correction to prepare for a sharper increase.
Agree, if you do have the funds to glance at potential altcoins, which, until now, the price is quite good to be bought and held, when there will be a big increase in bitcoin, then potential altcoins will reach their latest ATH.

After the increase in the price of Bitcoin, I have not seen a bull run of altcoins so far. Hopefully, we will see a bull run of altcoins next year. I don't know how safe it will be if we invest again now. I am waiting for the price of Bitcoin to reach $100K. Let's see if we can see the price of Bitcoin surpass $100K by the end of this year or next year. If those who have invested in altcoins cannot hold on now, they will not be able to take profits when the bull run of altcoins starts.

[KryptoBull]

If you are targeting bitcoin price at $100K you should wait because we have seen bitcoin only reach price $99,655 according to CMC records. and currently the price of bitcoin has dropped to $91,890. so forget about selling your bitcoin this week, because we will likely see a correction.
If you still have capital, be prepared to buy potential altcoins because the price of the top altcoins is still low if we compare its ATH achievement.

I've also seen this and am not too surprised. 100K USD is always a major psychological benchmark for investors and the state of the crypto market. I'm ready to hold BTC to a higher target without fearing any extreme government actions to deal with individuals using crypto as payment for labor.

I started DCA altcoins after BTC created a new ATH before the halving. Although I'm a bit disappointed that they haven't been able to generate big profits yet, I still believe in their potential. As long as governments don't attack crypto, altseason will come and last for many months, which will be an opportunity for me to take profits on both BTC and altcoins.

[nakmantu99]

If you are targeting bitcoin price at $100K you should wait because we have seen bitcoin only reach price $99,655 according to CMC records. and currently the price of bitcoin has dropped to $91,890. so forget about selling your bitcoin this week, because we will likely see a correction.
If you still have capital, be prepared to buy potential altcoins because the price of the top altcoins is still low if we compare its ATH achievement.

I've also seen this and am not too surprised. 100K USD is always a major psychological benchmark for investors and the state of the crypto market. I'm ready to hold BTC to a higher target without fearing any extreme government actions to deal with individuals using crypto as payment for labor.

I started DCA altcoins after BTC created a new ATH before the halving. Although I'm a bit disappointed that they haven't been able to generate big profits yet, I still believe in their potential. As long as governments don't attack crypto, altseason will come and last for many months, which will be an opportunity for me to take profits on both BTC and altcoins.

It seems that the government will not attack crypto because Trump as the winner of the US presidential election supports bitcoin and will make the US the center of bitcoin. The US is a big country that is likely to become the center of other countries. So it is likely that in the future the governments of other countries that have not accepted crypto will reconsider accepting crypto. That is my prediction.

[KryptoBull]

It seems that the government will not attack crypto because Trump as the winner of the US presidential election supports bitcoin and will make the US the center of bitcoin. The US is a big country that is likely to become the center of other countries. So it is likely that in the future the governments of other countries that have not accepted crypto will reconsider accepting crypto. That is my prediction.

I have a similar prediction: if the US accepts crypto, other countries will have no clear reason to reject or ban crypto, unless they are authoritarian countries under US sanctions. Even in North Korea, the government-backed hacker teams love attacking and stealing crypto assets

We're seeing FOMO on a company scale, but after January 2025, it will be FOMO on a national and government scale. Trump will make America great again, and make crypto greater!

[yohananaomi]

100K USD was predicted to be where the price would experience quite crazy volatility, and BTC price not being able to reach 100K USD is part of that craziness. Many investors are taking profits, honestly I also wanted to take profits at around 95K-100K but in the end I want to sell my BTC at 100K USD as a beautiful memory.

Anyway, the uptrend is still ahead, altseason is waiting for us and crypto adoption at the national level will soon be activated. I look forward to a lot of positive news so that I can tell the crypto anti-fans that they have chosen the wrong side of history

If you are targeting bitcoin price at $100K you should wait because we have seen bitcoin only reach price $99,655 according to CMC records. and currently the price of bitcoin has dropped to $91,890. so forget about selling your bitcoin this week, because we will likely see a correction.
If you still have capital, be prepared to buy potential altcoins because the price of the top altcoins is still low if we compare its ATH achievement.

It must be admitted that the opportunity to reach $100K can be achieved, but maybe not this year, or it could happen this year. It's all hard to guess because when it is close to $100K, but there, is a correction again and, of course, it could be a correction to prepare for a sharper increase.
Agree, if you do have the funds to glance at potential altcoins, which, until now, the price is quite good to be bought and held, when there will be a big increase in bitcoin, then potential altcoins will reach their latest ATH.

After the increase in the price of Bitcoin, I have not seen a bull run of altcoins so far. Hopefully, we will see a bull run of altcoins next year. I don't know how safe it will be if we invest again now. I am waiting for the price of Bitcoin to reach $100K. Let's see if we can see the price of Bitcoin surpass $100K by the end of this year or next year. If those who have invested in altcoins cannot hold on now, they will not be able to take profits when the bull run of altcoins starts.

When bitcoin increases quickly, it is not accompanied by the speed made by Altcoin, so that when Bitcoin is corrected is also eroded. For this reason, it is very difficult for Altcoin to be able to follow the movement of Bitcoin at this time, so that the increase is not the same as Bitcoin, and it takes more time to be able to approach it.
I think it's just a matter of time for Bitcoin to reach $ 100K because the last time is approaching and not happening and in the future it is very likely to be done.
For Altcoin, I think that the potential is very reasonable to stay held because they will also be the same as Bitcoin can reach ATH.

[KryptoBull]

When bitcoin increases quickly, it is not accompanied by the speed made by Altcoin, so that when Bitcoin is corrected is also eroded. For this reason, it is very difficult for Altcoin to be able to follow the movement of Bitcoin at this time, so that the increase is not the same as Bitcoin, and it takes more time to be able to approach it.
I think it's just a matter of time for Bitcoin to reach $ 100K because the last time is approaching and not happening and in the future it is very likely to be done.
For Altcoin, I think that the potential is very reasonable to stay held because they will also be the same as Bitcoin can reach ATH.

We are witnessing FOMO on a national scale, so nearly all barriers to crypto development have been removed. BTC is approaching $100K, many altcoins are reaching new ATHs like XRP, XLM, HBAR... everything is happening faster than I dared to expect.

Right now, governments are probably quite confused if they ever denied or opposed crypto. They will have to carefully change their views to avoid admitting their past mistakes and extremism. It's really interesting to watch as we're making more profits from crypto every day!

[milewilda]

100K USD was predicted to be where the price would experience quite crazy volatility, and BTC price not being able to reach 100K USD is part of that craziness. Many investors are taking profits, honestly I also wanted to take profits at around 95K-100K but in the end I want to sell my BTC at 100K USD as a beautiful memory.

Anyway, the uptrend is still ahead, altseason is waiting for us and crypto adoption at the national level will soon be activated. I look forward to a lot of positive news so that I can tell the crypto anti-fans that they have chosen the wrong side of history

If you are targeting bitcoin price at $100K you should wait because we have seen bitcoin only reach price $99,655 according to CMC records. and currently the price of bitcoin has dropped to $91,890. so forget about selling your bitcoin this week, because we will likely see a correction.
If you still have capital, be prepared to buy potential altcoins because the price of the top altcoins is still low if we compare its ATH achievement.

It must be admitted that the opportunity to reach $100K can be achieved, but maybe not this year, or it could happen this year. It's all hard to guess because when it is close to $100K, but there, is a correction again and, of course, it could be a correction to prepare for a sharper increase.
Agree, if you do have the funds to glance at potential altcoins, which, until now, the price is quite good to be bought and held, when there will be a big increase in bitcoin, then potential altcoins will reach their latest ATH.

Actually, we arent that too far with that number on which a single positive news will really be able to break that resistance of $100k and will be pushing through new higher highs. Its not something new that Bitcoin will really be able to break out those resistances on which we do thought that it will really be taking up some time. As for cracking down, if government do able to do so then they have done it already a long year ago but it seems that they had failed out on cracking it directly, this is why they do really put up their focus into those centralized platforms
on which imposing stricter laws or simply with those rules and regulations on which it do affects up crypto users.

[KryptoBull]

Actually, we arent that too far with that number on which a single positive news will really be able to break that resistance of $100k and will be pushing through new higher highs. Its not something new that Bitcoin will really be able to break out those resistances on which we do thought that it will really be taking up some time. As for cracking down, if government do able to do so then they have done it already a long year ago but it seems that they had failed out on cracking it directly, this is why they do really put up their focus into those centralized platforms
on which imposing stricter laws or simply with those rules and regulations on which it do affects up crypto users.

+
We can observe the response of governments today: they are no longer as extreme as in previous seasons. They no longer say that BTC is dangerous or a threat to the economy, and they no longer spread news about crypto scams... Governments are becoming more friendly. They are seriously studying crypto to protect investors instead of threatening to jail them

Things have changed, and BTC is always ready to rise to break 100K USD. When this happens, governments will be under pressure to issue a legal framework for managing crypto because they cannot prevent people from investing in such an attractive asset class.

[yohananaomi]

Actually, we arent that too far with that number on which a single positive news will really be able to break that resistance of $100k and will be pushing through new higher highs. Its not something new that Bitcoin will really be able to break out those resistances on which we do thought that it will really be taking up some time. As for cracking down, if government do able to do so then they have done it already a long year ago but it seems that they had failed out on cracking it directly, this is why they do really put up their focus into those centralized platforms
on which imposing stricter laws or simply with those rules and regulations on which it do affects up crypto users.

+
We can observe the response of governments today: they are no longer as extreme as in previous seasons. They no longer say that BTC is dangerous or a threat to the economy, and they no longer spread news about crypto scams... Governments are becoming more friendly. They are seriously studying crypto to protect investors instead of threatening to jail them

Things have changed, and BTC is always ready to rise to break 100K USD. When this happens, governments will be under pressure to issue a legal framework for managing crypto because they cannot prevent people from investing in such an attractive asset class.

It is difficult to stem the existence of Bitcoin because this is renewable technology and many are helped by the existence of Bitcoin, and it is very difficult to stem progress with this. If you do not want to accept the existence of Bitcoin, then your own loss will be a loss of the current progress. I think it is true that the government finally has to accept the reality and be willing to accept and regulate the existence of Bitcoin.
After almost achieving it, of course there will always be an opportunity to repeat, and it will be easy to do, but we don't know when it will happen to reach $ 100K, so be patient about it.

[KryptoBull]

It is difficult to stem the existence of Bitcoin because this is renewable technology and many are helped by the existence of Bitcoin, and it is very difficult to stem progress with this. If you do not want to accept the existence of Bitcoin, then your own loss will be a loss of the current progress. I think it is true that the government finally has to accept the reality and be willing to accept and regulate the existence of Bitcoin.
After almost achieving it, of course there will always be an opportunity to repeat, and it will be easy to do, but we don't know when it will happen to reach $ 100K, so be patient about it.

What makes BTC valuable is that it's independent of governments and is decentralized, meaning governments can choose not to engage with BTC but they can't stop BTC from continuing to exist and develop on a global scale. Governments should have realized this sooner to proactively deal with this financial wave.

Currently, we have BTC above 100K USD as expected, the media is talking about BTC and crypto, investors are seeking information about BTC and we are witnessing a fierce FOMO from F0s. Perhaps they regret underestimating BTC at lower prices and deserve to buy BTC at price above 100K USD.

[yohananaomi]

It is difficult to stem the existence of Bitcoin because this is renewable technology and many are helped by the existence of Bitcoin, and it is very difficult to stem progress with this. If you do not want to accept the existence of Bitcoin, then your own loss will be a loss of the current progress. I think it is true that the government finally has to accept the reality and be willing to accept and regulate the existence of Bitcoin.
After almost achieving it, of course there will always be an opportunity to repeat, and it will be easy to do, but we don't know when it will happen to reach $ 100K, so be patient about it.

What makes BTC valuable is that it's independent of governments and is decentralized, meaning governments can choose not to engage with BTC but they can't stop BTC from continuing to exist and develop on a global scale. Governments should have realized this sooner to proactively deal with this financial wave.

Currently, we have BTC above 100K USD as expected, the media is talking about BTC and crypto, investors are seeking information about BTC and we are witnessing a fierce FOMO from F0s. Perhaps they regret underestimating BTC at lower prices and deserve to buy BTC at price above 100K USD.

The nature of bitcoin that cannot be intervened greatly affects every movement of bitcoin without anyone's interference and that is the advantage that bitcoin has and is very much liked by many investors until now. Some governments agree and legalize it, but some do not because of the nature that is inherent in bitcoin, but with its development one. day they must also be able to accept this
It has increased and reached above $ 100K and is now down again and this is a common thing for bitcoin to do to be able to rise even higher.

[milewilda]

Actually, we arent that too far with that number on which a single positive news will really be able to break that resistance of $100k and will be pushing through new higher highs. Its not something new that Bitcoin will really be able to break out those resistances on which we do thought that it will really be taking up some time. As for cracking down, if government do able to do so then they have done it already a long year ago but it seems that they had failed out on cracking it directly, this is why they do really put up their focus into those centralized platforms
on which imposing stricter laws or simply with those rules and regulations on which it do affects up crypto users.

+
We can observe the response of governments today: they are no longer as extreme as in previous seasons. They no longer say that BTC is dangerous or a threat to the economy, and they no longer spread news about crypto scams... Governments are becoming more friendly. They are seriously studying crypto to protect investors instead of threatening to jail them

Things have changed, and BTC is always ready to rise to break 100K USD. When this happens, governments will be under pressure to issue a legal framework for managing crypto because they cannot prevent people from investing in such an attractive asset class.

It is difficult to stem the existence of Bitcoin because this is renewable technology and many are helped by the existence of Bitcoin, and it is very difficult to stem progress with this. If you do not want to accept the existence of Bitcoin, then your own loss will be a loss of the current progress. I think it is true that the government finally has to accept the reality and be willing to accept and regulate the existence of Bitcoin.
After almost achieving it, of course there will always be an opportunity to repeat, and it will be easy to do, but we don't know when it will happen to reach $ 100K, so be patient about it.

Trying out to make some comparison in between the past and now then there's really that difference on which we've seen on how it do able to make  out such change on which we have seen that the government now isnt really that focusing on cracking it down butrather they do really tend to legalize or regulate any crypto related services or platforms on which this is the only way that they could get a hold of Bitcoin or with crypto. If they have plans on cracking it down then they wont really be stopping and they have long time been doing it but they have realized that it was pointless and thats why they are now gradually accepting it out.

[yohananaomi]

Actually, we arent that too far with that number on which a single positive news will really be able to break that resistance of $100k and will be pushing through new higher highs. Its not something new that Bitcoin will really be able to break out those resistances on which we do thought that it will really be taking up some time. As for cracking down, if government do able to do so then they have done it already a long year ago but it seems that they had failed out on cracking it directly, this is why they do really put up their focus into those centralized platforms
on which imposing stricter laws or simply with those rules and regulations on which it do affects up crypto users.

+
We can observe the response of governments today: they are no longer as extreme as in previous seasons. They no longer say that BTC is dangerous or a threat to the economy, and they no longer spread news about crypto scams... Governments are becoming more friendly. They are seriously studying crypto to protect investors instead of threatening to jail them

Things have changed, and BTC is always ready to rise to break 100K USD. When this happens, governments will be under pressure to issue a legal framework for managing crypto because they cannot prevent people from investing in such an attractive asset class.

It is difficult to stem the existence of Bitcoin because this is renewable technology and many are helped by the existence of Bitcoin, and it is very difficult to stem progress with this. If you do not want to accept the existence of Bitcoin, then your own loss will be a loss of the current progress. I think it is true that the government finally has to accept the reality and be willing to accept and regulate the existence of Bitcoin.
After almost achieving it, of course there will always be an opportunity to repeat, and it will be easy to do, but we don't know when it will happen to reach $ 100K, so be patient about it.

Trying out to make some comparison in between the past and now then there's really that difference on which we've seen on how it do able to make  out such change on which we have seen that the government now isnt really that focusing on cracking it down butrather they do really tend to legalize or regulate any crypto related services or platforms on which this is the only way that they could get a hold of Bitcoin or with crypto. If they have plans on cracking it down then they wont really be stopping and they have long time been doing it but they have realized that it was pointless and thats why they are now gradually accepting it out.

Agree, at first almost many governments could not accept the existence of crypto because it was very foreign to them, and it could be detrimental to their economy. But with the development of knowledge and the difficulty of banning it, they are gradually willing to accept and admit, even though there are restrictions that can be made, which in the end these restrictions are not useful because the nature of crypto is indeed free, and the government must be willing to accept it to be legalized and can get income from the transaction sector that is carried out.

[KryptoBull]

Agree, at first almost many governments could not accept the existence of crypto because it was very foreign to them, and it could be detrimental to their economy. But with the development of knowledge and the difficulty of banning it, they are gradually willing to accept and admit, even though there are restrictions that can be made, which in the end these restrictions are not useful because the nature of crypto is indeed free, and the government must be willing to accept it to be legalized and can get income from the transaction sector that is carried out.

Crypto goes against the economic theories that politicians have learned their entire lives, so they often find it difficult to accept crypto. However, they also need to have an open mind to manage the country because the world is changing and developing every day. Crypto is a financial development that they need to understand in order to apply.

Currently, we no longer have to worry about government suppression. We are heading towards widespread acceptance. What we don't know yet is the extent and manner in which each country will act to take advantage of the value of crypto. Perhaps this process will take 4-5 years, and we have enough time to wait.

[satpol_PP]

Agree, at first almost many governments could not accept the existence of crypto because it was very foreign to them, and it could be detrimental to their economy. But with the development of knowledge and the difficulty of banning it, they are gradually willing to accept and admit, even though there are restrictions that can be made, which in the end these restrictions are not useful because the nature of crypto is indeed free, and the government must be willing to accept it to be legalized and can get income from the transaction sector that is carried out.

Crypto goes against the economic theories that politicians have learned their entire lives, so they often find it difficult to accept crypto. However, they also need to have an open mind to manage the country because the world is changing and developing every day. Crypto is a financial development that they need to understand in order to apply.

Currently, we no longer have to worry about government suppression. We are heading towards widespread acceptance. What we don't know yet is the extent and manner in which each country will act to take advantage of the value of crypto. Perhaps this process will take 4-5 years, and we have enough time to wait.

Crypto offers financial freedom, which is what governments fear because they cannot control it. But now we don't need to worry because governments in many countries have started to accept crypto. The concern of economists and governments is the progress that crypto uses, but I feel that no one can deny that progress.