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Author Topic: How politics affects cryptocurrency?  (Read 560 times)

Offline emma.lee1890

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How politics affects cryptocurrency?
« on: September 06, 2018, 02:59:28 PM »
I have found lots of articles about how laws and different regulations affect cryptocurrency. Even some news can affect it. Do latest bad news lower almost all cryptocurrency? What news are the most affected? Do you think BTC is still worth buying?

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How politics affects cryptocurrency?
« on: September 06, 2018, 02:59:28 PM »

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Offline dominoes

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Re: How politics affects cryptocurrency?
« Reply #2 on: September 06, 2018, 04:31:28 PM »
How politics affects cryptocurrency?

It would be an advantage if some politicians are familiar with blockchain technology and cryptocurrencies. That would positively affect the regulations that would be set by lawmakers.

It takes time to come up into politician in blockchain. This will happen once the country made the crypto as big issue to tackle. Sometimes things implemented immediately when there are uncertain during discussion. So to solve the problem they must come up to regulate and put some limitation if necessary.
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Offline emma.lee1890

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Re: How politics affects cryptocurrency?
« Reply #3 on: September 06, 2018, 06:33:45 PM »
How politics affects cryptocurrency?

It would be an advantage if some politicians are familiar with blockchain technology and cryptocurrencies. That would positively affect the regulations that would be set by lawmakers.
Sometimes when the market is expecting strong regulations or other measures to try to control Bitcoin or other crypto related technologies the announcements or general lack of action results in price increases

Offline emma.lee1890

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Re: How politics affects cryptocurrency?
« Reply #4 on: September 06, 2018, 06:35:16 PM »
How politics affects cryptocurrency?

It would be an advantage if some politicians are familiar with blockchain technology and cryptocurrencies. That would positively affect the regulations that would be set by lawmakers.

It takes time to come up into politician in blockchain. This will happen once the country made the crypto as big issue to tackle. Sometimes things implemented immediately when there are uncertain during discussion. So to solve the problem they must come up to regulate and put some limitation if necessary.
Bitcoin is affected by a lot more factors like anythig else that has value, that causes fluctuations, the thing is, digital currency is more affected than mainstream currency beacuse, crypto currency isn't stable yet. The difference between these two variables is that the market cap of BTC is much minute compared to others, which sums up that, being influenced by these factors the stakes are much higher.

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Re: How politics affects cryptocurrency?
« Reply #5 on: September 06, 2018, 08:26:00 PM »
the news often makes the issue, so there are some investors who are disturbed by this, if I personally never care about the issue, I just read it and forget about it, if it is an issue that is not clear where the source is.
and in my opinion, BTC is still worth buying, because after all, BTC is the best digital currency for now.

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Re: How politics affects cryptocurrency?
« Reply #6 on: September 07, 2018, 02:59:57 AM »
How politics affects cryptocurrency?

It would be an advantage if some politicians are familiar with blockchain technology and cryptocurrencies. That would positively affect the regulations that would be set by lawmakers.

It takes time to come up into politician in blockchain. This will happen once the country made the crypto as big issue to tackle. Sometimes things implemented immediately when there are uncertain during discussion. So to solve the problem they must come up to regulate and put some limitation if necessary.

Agreed that it will take time to have more politicians familiar with blockchain technology. Maybe we also need a community of voters in every country that will push politicians.

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Re: How politics affects cryptocurrency?
« Reply #6 on: September 07, 2018, 02:59:57 AM »


Offline Iconic

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Re: How politics affects cryptocurrency?
« Reply #7 on: September 07, 2018, 08:37:27 AM »
I haven't heard any bad news about crypto lately. I just know the price of crypto is down and one of the causes may be a lot of panic selling. In the last few days I have heard many good news about crypto from various countries.

 

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