Quote from: shield132 on November 07, 2021, 11:39:15 PM

Quote from: Kez1817 on November 07, 2021, 11:14:55 PM

Bitcoin has a strong foundation despite of FUD, SEC rules and regulations, against in bitcoin like the government,despite all of that,bitcoin still live and kicking. Now bitcoins value is $62k and I believe that it will continue to surge before end of this year. We will see new ATH but we don't know exactly when it will happen. Investors are continuously increasing and the demand for bitcoin also increasing. It's difficult to predict the market but we can feel another huge wave coming.

I think regulations aren't affecting bitcoins and cryptocurrencies in overall when it comes to their price. Instead, it can even boost it's price because the more regulated crypto will be, the more safer the majority of people will feel and invest in it. There is only minority number of people who care about privacy and want less regulated crypto, i.e. less people care about the actual benefits of bitcoins, others mostly look at it like an investment option.

I feel another wave of rise too but if something bad happens on this run (these days), I think it will crash hard and won't regain easily. If everything goes well, it should reach it's peak price at the end of 2021 and then, we all know that it will crash until the next halving.

It is kind of funny, governments are tying to regulate bitcoin to force people to go through KYC, pay their taxes and slow its growth, but institutional investors look at this and they like it, so the more this market is regulated the more institutional investors will come and the price will become higher, however for those that do not want to follow those regulations they can still do it by using bitcoin directly and use decentralized exchanges to exchange their coins, so in a way I think government regulation will play a positive part in the bull run that is coming.