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Topic: Bitcoin must be regulated! - page 11. (Read 2409 times)

member
Activity: 204
Merit: 11
August 31, 2018, 10:53:07 PM
I feel maybe you are right but it seems almost impossible to regulate bitcoin because bitcoin makes crypto's name sound all over the country. because Bitcoin is decentralized and therefore cannot be controlled by the government or head of state.
jr. member
Activity: 129
Merit: 1
August 31, 2018, 10:42:54 PM
regulated is necessary, but as long as it is not detrimental to bitcoin users I think all bitcoin holders will agree with the government that tries to legalize this crypto currency
jr. member
Activity: 278
Merit: 2
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August 31, 2018, 09:41:40 PM
Yes I also think so. If Bitcoin is regulated then the price flactuation may be less comparing with now. Bitcoin price is uncertain. As a result of which many person fears to invest is Bitcoin. But if this price range is regulated then it will attract people to invest money with less fear.
newbie
Activity: 76
Merit: 0
August 31, 2018, 09:36:32 PM
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.
newbie
Activity: 8
Merit: 0
August 31, 2018, 09:08:28 PM
I think there are already regulations that abide bitcoin. We are so very touched by our emotion and we don`t want something from this entity - government. If the government is a threat then why bitcoin had still never breach by the government. Imposing such regulations may never always negative, you may take a look, it will help more the activity of the people. We are not afraid of this, taxes, if we are not selfish. We should share our guts and not on winning against the government.
 
If bitcoin helped then why not open to all, if it is decentralized, why many people afraid of government`s interaction, if bitcoin value the technology, then it must be for all. We are divided by our thoughs - mostly, persons in this community are young. In the government side, there they have mostly old people. So, if in this society, young and old will be separated, what is the future of this world. And, time we always said, I will have my lambo, I can go to moon - for my future. So think, FUTURE, when? Its an implication we need to resolve on our simple decision of rivalry. We tend to destroy and separate where there is an alternative way - teamwork and acceptance.
full member
Activity: 2254
Merit: 193
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August 31, 2018, 08:29:07 PM
I call BULL. If bitcoin is regulated, what happens to the freedom of being your "own bank" or the pseudo-anonimity that it offers? All of it will be taken away fron the community. Much better if the regulate centralized exchanges. Those folks do some shady stuffs that needed to be addressed.
newbie
Activity: 27
Merit: 0
August 31, 2018, 08:25:45 PM
bitcoin regular then except all government and also people so more advantages and it will more helpful for people.
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Menurut pendapat saya tentang masalah Bitcoin harus diatur,harus diatur tapi dalam aturan bitcoin itu sendiri,dalam bingkai aturan bitcoin itu sendiri,dan aturan tersebut dibuat oleh pengelola bitcoin itu tidak boleh campur tangan oleh  orang-orang yang tidak berkompoten, maka bitcoin perlu aturan  demi untuk perkembangan pada masa-masa yang akan datang yang lebih cemerlang dan untuk kenyamanan dalam betransaksi.
newbie
Activity: 10
Merit: 0
August 31, 2018, 07:28:50 PM
The government has started to underestimate the value of Bitcoin and thinks that regulation is the best way to solve its issue. On the other side, the majority Blockchain developers do not approve the regulatory framework proposed by the government, as they think Blockchain will still reach to something significant in the long run.
member
Activity: 602
Merit: 10
August 31, 2018, 07:19:31 PM
Bitcoin dont need regulation from government. Bitcoin is decentralized cryptocurrency and store of value and the data store all around the world, and i think Government can not regulate bitcoin because of that, if government make regulation, its must be about trading because government want to collect taxes from it
hero member
Activity: 2884
Merit: 794
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August 31, 2018, 05:55:03 PM
I agree with you, there must be an improvement from the Bitcoin development team so that new investors enter Bitcoin and stabilize the market, but to regulate Bitcoin I find it difficult because Bitcoin is decentralized, and its anonymity is an advantage that Bitcoin has.
The development team is already the best in the world, so there is nothing to improve there, and you have a mistaken idea about what the investors are looking when investing in bitcoin, they are not looking to stabilize this market, anyone that has taken the time to observe bitcoin for a time knows that this is not the kind of market that you enter if you are looking for stability, this is the market that you enter if you are looking for volatility.
newbie
Activity: 42
Merit: 0
August 30, 2018, 11:26:20 AM
I think it is a great point of view. Huge money are invested into cryptocurrencies so investors want to be in safety. Of course the laws shouldn't be so strict because Bitcoin will lose its advantages
full member
Activity: 854
Merit: 101
August 30, 2018, 10:27:22 AM
if it will be regulated then it defeats the purpose why bitcoin was created in the first place. that is no regulation and decentralized. i don't how this would coincide with the idea of crypto but somehow their should be a way to counter scam in crypto.
newbie
Activity: 238
Merit: 0
August 30, 2018, 08:40:43 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.

Crypto doesn't have to be regulated. It can be regulated, but there is no vital need for that. The more people will be becoming fed up with centralized system, more they will incline towards using the p2p currencies.
brand new
Activity: 0
Merit: 0
August 30, 2018, 04:30:17 AM
bitcoin are more secure and probable it will be increasing its price. i think you should study more about bitcoin and stay here to know more about this. it will be make more profit. i think it is more profitable and potential. its future are bright.
newbie
Activity: 2
Merit: 0
August 30, 2018, 08:35:13 AM
Sounds like the price drop has you scared a bit! No country/governmental entity could regulate Bitcoin itself. They are trying to, but the only thing they can do is regulate how you get Bitcoin. We've seen this already through KYC and various exchanges forcing this upon the users. But sorry, Bitcoin truly could not be regulated. There is no way for an entity to "turn off" Bitcoin like they do for the stock market when the price is collapsing. Don't even worry about the price, just hodl on. We will go lower in the short-term, but long-term is still very bullish.
sr. member
Activity: 1092
Merit: 271
August 30, 2018, 08:33:13 AM
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.
newbie
Activity: 30
Merit: 0
August 30, 2018, 06:44:12 AM
Legally binding, Bitcoin has a place in the cryptocurrency market and investors. If set, it will resonate in the financial world.
newbie
Activity: 64
Merit: 0
August 30, 2018, 06:34:49 AM
Yes, I also think so, because if it go under regulation then the miss use of bitcoin and also the criminal activities related to bitcoin will going to end.
member
Activity: 307
Merit: 10
August 30, 2018, 05:58:46 AM
Bitcoin should be managed more strictly. There are many bad actions such as arms race, money laundering, terrorism when taking advantage of Bitcoin in such illegal activities. I think we need a law or regulation to control the cryptocurrency market.

Bitcoin does not need any regulation. This is why it was created for people to become independent of centralized financial forms imposed by banks and state institutions.
jr. member
Activity: 196
Merit: 1
August 30, 2018, 04:36:09 AM
Only time will tell how long all this will last and for now all this is just guesses
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