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[SCAMEXPOSER]

The last ETF Exchange conference held in Miami which featured CEO of Microstrategy, Michael Saylor.
The CEO argued that argued that the US Treasury Secretary's remarks on digital assets last week was a "green light" for the crypto economy. He went on to say that the commodity could disrupt the commercial real estate sector if consumers utilize it as an alternative store of value. Thereby, causing bitcoin's market valuation to reach $100 trillion.
How will you feel since the bitcoin market reaching $100 trillion?.

 

[Ben Kempton]

You are right but Crypto falls badly on each rise of the interest rates by the us banks and that is why I am not interested in using or holding Crypto any more I like to prefer to use USD that provides a fixed rate each time on making a payment or receiving a remittance from anywhere as well actually .

Well, this is understandable. When the commodity falls too much, this could discourage many investors to invest in the market, especially volatile markets. This has also happened to the stock traders as well in the past. If you are so much politic about investing money in such kind of markets, then I would advise you to trade only when the conditions are good.

 

[Horia_10]

Definitely that's a good advice that you are providing and each trader needs to understand this and should always be investing when the market has more than 50% chance of moving up else the trader should stop and should not waste his money on the market .

 

[Niftyicon]

The cryptocurrency markets is already bigger than the real estate but it cannot be denied that a lot of people will still prefer to have their funds tied in real estate because of its tangibility than in cryptocurrencies not even in Bitcoin.
The fluctuations in the crypto markets have made considering crypto as a store of value a tad uncomfortable.

 

[gammarays]

Regulations are very important for crypto to survive. I think that's what's currently hindering the advancement of crypto. It shouldn't be a play ground of some sort where anyone can do what he wants. Most countries are against crypto because of this issue. Hundreds of billions of dollars has been lost in years due to unpleasant events. The earlier a regulatory framework is adapted,the better for everyone.

 

[magnus2022]

I don't see the prospect because bitcoin as the major cryptocurrency will continue to experience fluctuations or volatility. There must be upsetting effects that will help to regulation and balance crypto market. It is unfortunate that when people are making or estimating values they hardly consider negative trends.

 

[Wisdom01]

I don't see the prospect because bitcoin as the major cryptocurrency will continue to experience fluctuations or volatility. There must be upsetting effects that will help to regulation and balance crypto market. It is unfortunate that when people are making or estimating values they hardly consider negative trends.

I think the negative trends happening could only be caused by lot of factors , but the major interest is actually been placed by people , if people don't stop placing interest it would continue to boost ,unless they actually do otherwise

 

[GoldenLady]

although what most government do now is to actually impose taxes through exchange platform ,like for instance they tax the exchange platform and through that process the traders are really able to pay more taxes for particularly trading too

This will be better than taxing individuals, especially when they want to convert to fiat. I've heard about 30% tax for cryptocurrency in India. That's a very significant amount to pay to government who will only use that tax selfishly.