Topic: Bitcoin must be regulated! (Read 2409 times)
I am against regulation of Bitcoin. It is a decentralized currency and there is no need for anyone to regulate it. On the other hand, I would react positively to regulating the ICOs. There are a lot of scams ongoing in that sector right now.
I believe bitcoin can not be regulated because nobody can control it. Bitcoin is decentralized cryptocurrency. If it is regulated then it lost its basic core principle.
right your word must be arranged so that it can run properly and not only people carelessly use and misuse in my opinion must be developed and there are rules that applyBitcoin is decentralized, therefore, it cannot be regulated. People that say that we need some regulations for the cryptocurrencies, simply do not know what they are talking about.
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.
I don't think it is a good idea to regulate bitcoins. It defeats the main purpose why bitcoins were created and that is to be decentralized and unregulated by nature. If bitcoins were to be regulated then it defeats the purpose in the first place. So might as well leave it as it is now.
in my opinion, Bitcoin regulation it's not easy, there are many conditions that Bitcoin cannot yet fulfill, among others:
- the creator of Bitcoin is still uncertain, whether it's Satoshi or someone else
- Bitcoin is a decentralization coin, it is very difficult to change that
Bitcoin must be regulated so that the owner is clear, but Bitcoin must be able to fulfill these requirements.
- the creator of Bitcoin is still uncertain, whether it's Satoshi or someone else
- Bitcoin is a decentralization coin, it is very difficult to change that
Bitcoin must be regulated so that the owner is clear, but Bitcoin must be able to fulfill these requirements.
Cryptocurrency in general should be regulated, a lot of shady practices are happening everyday and people, investors keep losing money as a result. Regulation will at least provide security of funds.
nothing is safe because competent steps are only owned by bitcoin users themselves. regulation only gives us space to be more flexible in business and society. Actually the government only wants to take taxes from user assets, I'm sure they also can't take the right steps in every investment that appears, they are only able to carry out supervision.
Much better to be regulated ao that more investor will be interested to it. Some people don't want to risk their money without knowing it.
Bitcoin is always above and open to anyone without exception, bitcoin will always be what already exists according to its nature. For this reason, don't ever think that bitcoin will be manageable, because if that happens it will eliminate the trust of many people towards bitcoin.
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.
U.S. Government are fast tracking their study on how to regulate crypto currency to protect its investors security since huge money are involved here and crypto currency was one of the option for criminals to launder their money since transaction here is untraceable and they can launder even billion of dollars. Crypto Regulations can make crypto price push upward.
Cryptocurrency in general should be regulated, a lot of shady practices are happening everyday and people, investors keep losing money as a result. Regulation will at least provide security of funds.
There are a lot of advantages and also disadvantages too if bitcoin go under regulation and the worst part is if it become regulated then government can imposed tax on it.
Honestly, personally I am more happy if this bitcoin is set. Seeing the situation of the crypto currency which has been very volatile lately makes me think that this crypto currency should be regulated. When the crypto currency is regulated specifically bitcoin then the price of the crypto currency will tend to be stable. When the price of this crypto currency tends to be stable, the normal market situation is more easily achieved. Other than that, I judge that there will be many more countries that believe in transactions using bitcoin. The countries tend not to risk losses so that when the price of bitcoin is stable, the country will be more open with bitcoin.
If bicoin could be controlled I should be destroyed. We have regulation and the government gets it's cut. But that's done and over. There will be no identity tied to bitcoin or any declaring of bitcoin.
We are not asking the government for permission, we are telling them that this is how it is.
in my opinion there is no need to set it right now, just give a very good security to keep my wallet and account just asking if there are rules, there must be many who violate We are not asking the government for permission, we are telling them that this is how it is.
I don't see the need for bitcoin regulation. It was created to develop independently. This is one of its main features and advantages over other conventional currencies.
true also said you bitcoin suddenly appeared and developed itself without any existing rules and I am happy and salute if bitcoin is seeded and developed bigger and can soar in the future
Bitcoin need to be regulated. It is true, in my opinion, bitcoin need more regulation to be accepted by the government. Moreover, making bitcoin become centralization is a big step toward cryptocurrency. But i also think it is really hard to regulate Bitcoin.
We can only talk about regulation when it involve one or two person as the people responsible for all the coin but Bitcoin is fully decentralized as no one control it affair on like altcoins so we only need regulation in altcoin as we are having so many now and turn out to be scam .
But then it looses its main advantage...(
bitcoin doesn't need regulation, because it runs on its own by the system. and I think investors in bitcoin are still very much and growing. there is no need for promotion in new terms because every time people talk about crypto, they will know crypto is bitcoin. and regarding the price of bitcoin, the price of bitcoin will recover, just waiting for the time when that happens. we must be patient because this is common.
Bitcoin needs regulation. Because crypto currency has brought both financial freedom and financial chaos. State intervention can restore order.
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.
I think it is already evident that there is a presence of a regulating body on the cryptocurrency market as at today. The term bull run has been a thing of anticipation and not experienced in this year, 2018. A lot that came in as Investors early this year, are still counting their loss. The Securities and Exchange Commission and other conjoined financial bodies have been doing a good job at this and have also helped sustained the cryptocurrency system.
Yes, any currency should be regulated, and BTC is no exception!
Supervision can ensure that BTC is protected, fight crime, and protect the interests of BTC holders!
Supervision can ensure that BTC is protected, fight crime, and protect the interests of BTC holders!
Forget about bitcoin regulations. This is contrary to the purpose for developing bitcoin which is meant to function as a decentralized digital currency. Regulations will only not make cryptocurrency fulfill its purpose. You can take some time to understand bitcoin more.
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