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    Thursday, March 12, 2020

    [Daily Discussion] Thursday, March 12, 2020 Bitcoin Markets

    [Daily Discussion] Thursday, March 12, 2020 Bitcoin Markets


    [Daily Discussion] Thursday, March 12, 2020

    Posted: 11 Mar 2020 09:04 PM PDT

    Thread topics include, but are not limited to:

    • General discussion related to the day's events
    • Technical analysis, trading ideas & strategies
    • Quick questions that do not warrant a separate post

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    [Altcoin Discussion] Thursday, March 12, 2020

    Posted: 11 Mar 2020 09:04 PM PDT

    Thread topics include, but are not limited to:

    • Discussion related to recent events
    • Technical analysis, trading ideas & strategies
    • General questions about altcoins

    Thread guidelines:

    • Be excellent to each other.
    • All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading.
    • This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.
    • No discussion about specific ICOs. Established coins only.

    If you're not sure what kind of discussion belongs in this thread, here are some example posts. News, TA, and sentiment analysis are great, too.

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    submitted by /u/AutoModerator
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    This aged well

    Posted: 12 Mar 2020 05:18 AM PDT

    should people with <1000$ invest into bitcoin, or into Altcoins? Are Altcoins more worth it for those with low amounts of funds?

    Posted: 12 Mar 2020 08:43 AM PDT

    Should They put money into bitoins which has only gone up to 20k max before, if They invest now They have a potential 4x return. However with Altcoins like stratis, eth, and other with low values of 1$ to 100$ it seems like if bitcoin goes to 20k again, aka 4x, something like eth would go to 1k, which is 10x, and something like stratis may go 20x. While bitcoin seems the better market for people with 10K> since it's safer, Altcoins seems like its the better market for people with low funds who want to take a chance to strike big

    What's your opinion?

    submitted by /u/knkkskknk
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    Cryptocurrency adoption around the world

    Posted: 12 Mar 2020 08:40 AM PDT

    It's obvious that people use cryptocurrencies all around the world but let's take a look at the countries which already adopted crypto.

    Germany

    Germany is one of the most open to new technologies countries. Cryptocurrency here is a legal tender. Cryptocurrencies are considered to be equal to fiat money. It is allowed to make a purchase with crypto without taxation.

    Estonia

    Estonian financial regulators determine cryptocurrency as a "value represented in digital form". Cryptocurrencies exchanges can function legally. However, they must be registered and operate under strict governmental control. It is known that Estonia is planning to launch its own cryptocurrency in the future.

    France

    In December 2019 Financial Markets Authority of France published new rules regarding the crypto policy. According to these rules cryptocurrency exchanges have an opportunity to get a license in France if they prepare a two-year business plan, a list of digital assets that will be represented on the exchange, a geographic area the service will cover and some other things regarding firm's organization.

    India

    In the beginning of 2020 the world witnessed a supreme change in Indian cryptocurrency policy. Exchanges banned in 2018 now can function again, which promises huge opportunities for the country.

    China

    Although China is the biggest player in the crypto market, and its government's actions influence the whole industry, this country has a very strict policy. China sees miners as a part of a dark market, thus tends to ban their activity. Nonetheless, China was one of the first countries to announce the launch of sovereign digital currency.

    Today we can witness attempts of creating cryptocurrency regulations. This means that the crypto industry has a noticeable impact on the global economy. What is the situation in your country?

    submitted by /u/SimpleSwapExchange
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