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Topic: Bitcoin must be regulated! - page 10. (Read 2409 times)

member
Activity: 1764
Merit: 10
September 01, 2018, 05:46:24 AM
On the one hand I agree with this, then the bitcoin price will not so sharply fall and grow, but it will also lead to the fact that governments will be able to see your transactions and all your data, which can lead to problems if you have any problems with the government of your country. But also if you will invest your funds in companies related to bitlcoin and you will lose your investments, the government will help you get your money back, because they will take taxes from your transactions.
full member
Activity: 453
Merit: 104
September 01, 2018, 05:41:23 AM
It's hard to apply any regulations for bitcoin as it's provide complete anonimity, so although regulations is created but bitcoin users always can avoid that. I think good regulations is needed, it can makes investors feel safer.
newbie
Activity: 238
Merit: 0
September 01, 2018, 05:16:23 AM
The best thing that can happen when it comes to bitcoin is for the central unit powering the programming is to be able to detect scam,i.e monitoring the numbers of people investing or trading bitcoin,but regulating bitcoin I don't think that can be possible because its not own or controlled by anybody or the government.
member
Activity: 462
Merit: 14
September 01, 2018, 03:39:01 AM
If they accept bitcoin and bitcoin are regulated then bitcoin will of course be accepted by the government and we will have plans and policies for longer term bitcoin investment.
Yeah but i do not think that the owner of the bitcoin will going to approve this becaue if it will be controlled by a third party then there is a possibility that they will owe a money from the investors or the contributors. Who knows that the money we invested is still there or maybe it is already invested on something else. They will going to pay if there is really no money now with bitcoin.
newbie
Activity: 100
Merit: 0
September 01, 2018, 03:33:05 AM
Of course, somebody should regulate bitcoin, but it should not be politics, it should be a separate organization that is not interested in politics.
newbie
Activity: 53
Merit: 0
September 01, 2018, 02:59:06 AM
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.

Bitcoin is indeed need to be regulated. Since it has the potential to be the greatest invention of this era, the regulation make it more reliable for the society. It also maintain its capability to live long in the internet since we all know the capacity of crimes in the digital society. However, the regulation should allow the necessity of the user.
jr. member
Activity: 667
Merit: 1
September 01, 2018, 02:45:30 AM
firstly this is a free market and everyone handlles his trade and investment except otherwise. regulation is not only for bitcoin, its for every coin. this can only help to safe gaurd invesors to some levels and not stop the price from dipping or rising. regulations wont stop investors from selling. so its not a matter of regulation, its a point of knowing how to play the game.
member
Activity: 602
Merit: 15
September 01, 2018, 02:26:42 AM
I believe that this is the main problem for today. Manipulation can seriously damages bitcoin and alarm investors who are worried about their assets.
newbie
Activity: 34
Merit: 0
September 01, 2018, 02:17:50 AM
Bitcoin regulation is government dependent. If Bitcoin's problems touch the nation's interests, Bitcoin will be bound.
member
Activity: 532
Merit: 15
September 01, 2018, 02:08:20 AM
either you dont know what bitcoin is, or some one is paying you per comment by others on such stupid post.
newbie
Activity: 16
Merit: 0
September 01, 2018, 01:18:26 AM
I think it is not necessary to regulate the market of cryptocurrency because if we would try to look on the market, it has something that deals with the so called "trust". This trust is very important and as we know, government is the threat of this industry - some sort of regulations that might influence the market (such as tax, new laws, controls and organizations).
jr. member
Activity: 266
Merit: 1
September 01, 2018, 01:09:35 AM
now many country know that bitcoin so it is world wide famous but some country yet dont know bitcoin so some time after every country know so bitcoin some time after regulated.
member
Activity: 588
Merit: 11
September 01, 2018, 01:05:59 AM
I think that Bitcoin and cryptocurrencies are waiting for a lot of regulation in the future. The government will try to control Bitcoin.
Of course the governments will try to control the bitcoin.Bitcoin's aim is to end the central banks, governments will not open their doors to this.


Most of the government wants to regulate use of bitcoin but not the bitcoin itself. This regulations involves the transactions in cryptocurrency exchanges and monitor the flow of the coins so they can easily find if it use legally or illegally. The aim of regulation is to monitor and stop some individuals in using the the virtual coins from illegal uses like scam and money laundering.
newbie
Activity: 10
Merit: 0
September 01, 2018, 12:07:24 AM
I see this is a real needs to be required but with a valid lách the user lll do not want to such.Và if you want to set the ai that will be do ai? Show this time of most they are do not resolve in short time. Need for more known in the bitcoin activity activity. Value of bitcoin does not depend on the extra elements that are still increment per day.
copper member
Activity: 168
Merit: 0
August 31, 2018, 11:58:48 PM
This really show you understand how Bitcoin works and for your information bitcoin does not need any form of regulation  whatsoever.

Your thinking that what we holding does not have value simply show how weak you still are in crypto space, and this is another FUD if I must say and we don't appreciate that here because this forum is mainly for promoting Bitcoin and cryptocurrency as a whole and please if you don't understand how this works , you can always read many post here to learn more and never compare Bitcoin with centralized fiat because Bitcoin can never be regulated by any one and it's value will keep appreciating .
full member
Activity: 756
Merit: 105
Trphy.io
August 31, 2018, 11:58:17 PM
I think giving rules in bitcoin transactions may be limited to security and convenience in transactions and positive values when giving rules or laws about bitcoin transactions, applied in a country, this will be a fresh breeze for bitcoin and people who invest in that country
legendary
Activity: 1554
Merit: 1026
★Nitrogensports.eu★
August 31, 2018, 11:50:11 PM
I don't see anything wrong with that should bitcoin be regulated. It's not really a threat per se.

Though it does feel that it somehow violates the primal design of bitcoin, i do believe that perhaps regulation will do good. With so much scam and negative feedbacks circulating around,  a regulation might help promote trust and confidence among investors.

Perhaps that is why there's a push for bitcoin etf. Perhaps being regulated by a governing authority in the financial industry will give it a much needed boost for stability.

Most people do not advocate regulation because they feel Bitcoin is a threat. They advocate regulation because they feel regulations can give legitimacy to bitcoin and bring in new investors. It is however important that regulation is light-touch and does not throttle innovation
member
Activity: 195
Merit: 10
August 31, 2018, 11:43:32 PM
In the words of JayJuanGee - Get the fuck outta here.

Everything in that OP is utter bull shit, you don’t even know how bitcoin was intended to be used. Centralization was not Satoshi’s vision. Bitcoin should not & will not be regulated.
  it's true that bitcoin is decentralized and doesn't want to be governed by anything or the government at once
hero member
Activity: 2590
Merit: 644
August 31, 2018, 11:25:40 PM
It must be regulated in order for the countries to trust bitcoin and make their doubts disappear because bitcoin is a very decentralized cryptocurrency and the people are afraid of using or investing to it because they think that it is not safe and it is just a scam because the government doesn't recognize it as a good investment and they didn't regulate it.
full member
Activity: 252
Merit: 100
August 31, 2018, 11:03:17 PM
The ways that cryptocurrency will be taxed and used, of course, will depend on how they are seen. Mass adoption also requires clarity by the authorities at some extent. In many countries, the legal status of Bitcoin falls in the gray area and the authorities simply chose to ignore the movement of digital assets such as Bitcoin, because they do not see the volumes to have any meaning.
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