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Topic: Because of all these regulation news, I am excited for the future of crypto (Read 180 times)
March 08, 2018, 06:56:31 PM
March 08, 2018, 06:30:33 PM
It's true that the rule adds investor confidence to bitcoin and this is very profitable for bitcoin users and will increase or raise the price of bitcoin.
March 08, 2018, 05:45:55 PM
Yes it is true that many countries or governments are trying to make regulations about the currency cryptocurrency, if a country recognizes this bitcoin be a good thing in price increases, and in the future bitcoin prices will be much higher with the arrival of large investors, the future of bitcoin is very bright.
March 08, 2018, 05:38:06 PM
Bitcoin does exist in digital form that is now growing and has been widely used by many people. so every country at least organize and pay attention to every form of development of the times. 
March 08, 2018, 05:26:37 PM
Regulation is good for the long-term. It brings comfort to those thinking its risky and its free publicity 
It MAY deter the criminal and tax sheltering individuals from using Bitcoin but it cannot be stopped. Most countries have some policy in place that classify cryptocurrencies to ensure its something they can tax.
Example:
https://www.canada.ca/en/revenue-agency/news/newsroom/fact-sheets/fact-sheets-2013/what-you-should-know-about-digital-currency.html
https://www.irs.gov/newsroom/irs-virtual-currency-guidance
It MAY deter the criminal and tax sheltering individuals from using Bitcoin but it cannot be stopped. Most countries have some policy in place that classify cryptocurrencies to ensure its something they can tax.Example:
https://www.canada.ca/en/revenue-agency/news/newsroom/fact-sheets/fact-sheets-2013/what-you-should-know-about-digital-currency.html
https://www.irs.gov/newsroom/irs-virtual-currency-guidance
March 08, 2018, 05:25:12 PM
Every country trying to regulate crypto and force exchanges to comply with rules is one of the best thing that can happen to crypto world.
It means they acknowledge the existence of crypto.
Yes in the short term this will make crypto market very spiky, but in the future this will bring in a lot of new investors and especially big investment companies.
All those bankers who say that Bitcoin will fail can suck it
Yes these regulations are really for the benefits of bitcoin and for its better future as with these regulations means that actually these countries are trying to make it better for the use for their countries and it is actually the point and signal that these countries are interested in this currency and with this interest it is obvious that these countries will start to use this currency for their state at a larger scale and they will make it a legal currency for their state. So the future of bitcoin is much more brighter. It means they acknowledge the existence of crypto.
Yes in the short term this will make crypto market very spiky, but in the future this will bring in a lot of new investors and especially big investment companies.
All those bankers who say that Bitcoin will fail can suck it
March 08, 2018, 05:21:49 PM
Every country trying to regulate crypto and force exchanges to comply with rules is one of the best thing that can happen to crypto world.
It means they acknowledge the existence of crypto.
Yes in the short term this will make crypto market very spiky, but in the future this will bring in a lot of new investors and especially big investment companies.
All those bankers who say that Bitcoin will fail can suck it
It means they acknowledge the existence of crypto.
Yes in the short term this will make crypto market very spiky, but in the future this will bring in a lot of new investors and especially big investment companies.
All those bankers who say that Bitcoin will fail can suck it
I won't say it is the best thing that can happen to crypto world. This is directly against the basic idea of Cryptocurrency. It is supposed to be decentralized in nature. Regulation is not just acknowledgement of cryptos but also a plan to increase tax earning as well as reducing money laundering activities.
But if countries are regulating the exchanges and the crypto usage in their country, it will certainly increase the adoption rate of cryptos which is a good news in long term. As you have rightly pointed out, we will see an influx of new investors as well as big corporations will start showing interest in crypto market pushing the price higher than ever.
The way Cryptocurrency is moving now, even Banks will be forced to venture into the crypto market sooner or later. Because banning Cryptocurrency is technically not possible, so it is wise to adopt it and turn it into opportunities.
March 08, 2018, 04:45:46 PM
Personally I see regulations as a bridge for people who are scared to cross the river of uncertainty surrounding bitcoin and other crypto since they know there aren't protected by any laws that could possibly eliminate scams and illicit activities in the crypto world. Though some governments aren't really pleased about crypto, still it's a way for their respective governments to study the entirety of cryptos first before finding the right approach in embracing the innovation that could soon engulf the global financial system. It's just kinda off to know that they'd still want to tax you out of your own money so there's that negative thing about regulations. All in all, it's still a positive end-result since it would help the people be at ease on taking their money to cryptocurrency and be a part of an innovation.
March 08, 2018, 03:51:35 PM
Every country trying to regulate crypto and force exchanges to comply with rules is one of the best thing that can happen to crypto world.
It means they acknowledge the existence of crypto.
Yes in the short term this will make crypto market very spiky, but in the future this will bring in a lot of new investors and especially big investment companies.
All those bankers who say that Bitcoin will fail can suck it
It means they acknowledge the existence of crypto.
Yes in the short term this will make crypto market very spiky, but in the future this will bring in a lot of new investors and especially big investment companies.
All those bankers who say that Bitcoin will fail can suck it
I'm very excited too because here in my country... they legitimately began acknowledging Bitcoin. They actually started last year or last-last year
if I'm not mistaken. I hope that eventually they'll do it to all of the currencies too. I'm curious about how they'll manage it ...plus the, fees/taxes, limits, and something like that. I can't help but think what actions are they going to do in the future. I am just hoping for the best -for crypto's future... that positive things will happen continuously. 
March 07, 2018, 09:10:57 PM
Every country trying to regulate crypto and force exchanges to comply with rules is one of the best thing that can happen to crypto world.
It means they acknowledge the existence of crypto.
Yes in the short term this will make crypto market very spiky, but in the future this will bring in a lot of new investors and especially big investment companies.
All those bankers who say that Bitcoin will fail can suck it
It means they acknowledge the existence of crypto.
Yes in the short term this will make crypto market very spiky, but in the future this will bring in a lot of new investors and especially big investment companies.
All those bankers who say that Bitcoin will fail can suck it
That is the most accurate assesment of what is really happening. They cannot shut it down. So they spread fake news.
March 07, 2018, 08:52:48 PM
Every country trying to regulate crypto and force exchanges to comply with rules is one of the best thing that can happen to crypto world.
It means they acknowledge the existence of crypto.
Yes in the short term this will make crypto market very spiky, but in the future this will bring in a lot of new investors and especially big investment companies.
All those bankers who say that Bitcoin will fail can suck it
The government is trying to standardize cryptocurrencies, which is a good thing for cryptocurrencies, although all cryptocurrencies will fall in the near future, but in the long run, it will be very beneficial to the cryptocurrency market with more people joining the market More active, more money injected. It means they acknowledge the existence of crypto.
Yes in the short term this will make crypto market very spiky, but in the future this will bring in a lot of new investors and especially big investment companies.
All those bankers who say that Bitcoin will fail can suck it
March 07, 2018, 08:46:27 PM
I think those regulation news needs further discussions. Each country will need to go deeper on what are the rules they want to approve. Aside from that, it should beneficial for both parties, the exchange site, the government and the users. Yes, it is a good thing because it means that every country are starting to accept the existence of cryptocurrencies.
March 07, 2018, 08:38:23 PM
Every country trying to regulate crypto and force exchanges to comply with rules is one of the best thing that can happen to crypto world.
It means they acknowledge the existence of crypto.
Yes in the short term this will make crypto market very spiky, but in the future this will bring in a lot of new investors and especially big investment companies.
All those bankers who say that Bitcoin will fail can suck it
in some points you have good outviews,regulating is the best way for us to be acknowledged and leaved by issues,those investors that afraid of putting funds here because of Scam accusations will be cleared and may try luck here,banks will be given much big competition because of our existence in legal matter world wide.so yes this may be great in the future,though at start were fearing of It means they acknowledge the existence of crypto.
Yes in the short term this will make crypto market very spiky, but in the future this will bring in a lot of new investors and especially big investment companies.
All those bankers who say that Bitcoin will fail can suck it
March 07, 2018, 08:35:28 PM
I believe bitcoin will go through lots of hardships that will make most lose faith (think last Nov, china ban) (and this Feb/Jan).
It's new territory on a massive scale. You're talking about an international currency that each country is now trying to make heads-or-tails of. Not gonna pretty. There's going to be a liberal phase where things are Gucci (we already had that), and then there's going to be the Nazi phase, when things are overregulated....
...then after all that we'll reach a Golden Era when the regulations finally find a happy Golden Medium.
It's new territory on a massive scale. You're talking about an international currency that each country is now trying to make heads-or-tails of. Not gonna pretty. There's going to be a liberal phase where things are Gucci (we already had that), and then there's going to be the Nazi phase, when things are overregulated....
...then after all that we'll reach a Golden Era when the regulations finally find a happy Golden Medium.
March 07, 2018, 08:32:01 PM
Every country trying to regulate crypto and force exchanges to comply with rules is one of the best thing that can happen to crypto world.
It means they acknowledge the existence of crypto.
Yes in the short term this will make crypto market very spiky, but in the future this will bring in a lot of new investors and especially big investment companies.
All those bankers who say that Bitcoin will fail can suck it
It means they acknowledge the existence of crypto.
Yes in the short term this will make crypto market very spiky, but in the future this will bring in a lot of new investors and especially big investment companies.
All those bankers who say that Bitcoin will fail can suck it
We can not predict which crypto-derivatives will eventually be securitized and become the future trading currency. But we have every reason to believe that the inherently low counterparty risk of any non-cash transaction will make the market more reliable in all aspects. The cryptocurrency can be reconstructed on the basis of P2P financial arrangements between any two people anywhere in the world. You are actually in exchange for things. When the transaction is confirmed in the books, the owner's identity is rewritten. As a way to facilitate transactions, there is one more difference in encrypting money. Its value is not bound to the national currency at all.
March 07, 2018, 08:20:11 PM
Every country trying to regulate crypto and force exchanges to comply with rules is one of the best thing that can happen to crypto world.
It means they acknowledge the existence of crypto.
Yes in the short term this will make crypto market very spiky, but in the future this will bring in a lot of new investors and especially big investment companies.
All those bankers who say that Bitcoin will fail can suck it
It means they acknowledge the existence of crypto.
Yes in the short term this will make crypto market very spiky, but in the future this will bring in a lot of new investors and especially big investment companies.
All those bankers who say that Bitcoin will fail can suck it
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