Topic: Bitcoin must be regulated! - page 14. (Read 2409 times)
Right now cryptocurrencies have firmly entered our life and now nothing can change with simple prohibitions. The state will have to regulate this new industry and try to generate revenue from it. Therefore, it is precisely the correct regulation of the cryptomarket that will become the basis for the growth of the price of not only Bitcoin, but also other alternative coins. That's why I'm sure we will see hard growth of altcoins next several years, because it will make ICO and whole the market more transparent.
You may not fully understand the current state of Bitcoin. Although it does not have many practical effects, it is being used in commercial hype, and these hype can bring profits to investors!
I am very strange to hear from the author of this post that bitcoin needs to be regulated. This contradicts its main advantage, anonymity and decentralization. You can not bind bitcoin to the chain, this is just what many States want, but you can not do this. All are equal owners of this crypto property.
The good thing is that no one is going to listen to him, governments are going to try to regulate bitcoin, there is no doubt about it but the developers are never going to change the code to make the life of governments easier and since code is law in this market then it does not matter, but more than ever I really think we need a DEX that works soon, so we can exchange our coins without having to use centralized parties.Yes most people think opposite of the OP, so don't worry about it.
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.
In contrary the government might take this opportunity to abused the regulations of bitcoin. But when talking legally it is good if the bitcoin has been regulated by the government for the better use of everyone because when we talk about legalization it is agreeing or somewhat approved according to the law. But the government should not think about the government itself they must consider the people om crypto community as well.
If it's regulated it would be die for now, yes market manipulation is there but losing the essential of being decentralised placed bitcoin directly to any ordinary stock that couldn't achieve what it is today. Most of the people might attached to its price, believing some big whales are throwing it down but that's the side effect when some much money pouring in.
I think bitcoin regulate is not possible at this time, if the government tries it, then it can be some solution in the future.
The bitcoin revolution has come and the dimension that the crypto world has taken calls for regulation and monitoring in some sense so that the activities of fraudsters and scammers are seriously curtailed and mitigated. If the crypto space is not protected or regulated,, then we expose ourselves to the dangers of the crypto being labelled a fraudulent business.
The Bitcoin regulations are intended to provide investors with a common interest in the cryptocurrency market. I think the government is the regulator for the cryptocurrency market. Do you think so?
Yes every one needs to support this revolution of supporting the regulations of cryptocurrency, it's what will bring back the good time of cryptocurrency again and to gain trust of people.
Regulations can only cover the transactions of any cryptocurrency in the exchanges but you can not diectly regulate the bitcoin itself because it is a decentralized currency. Transactions like buying or selling a bitcoin can be regulated and this law can also used to protect any cryptocurrency holders from many scam that are proliferating in the online world.
I think bitcoin not be regulated. It’s very simple thing. Nobody own bitcoin or stand bihand it. Government and bank are not behind it. So nobody control it. Bitcoin play very good. I think it’s not be regulated.
It is almost impossible to when it comes to regulation of bitcoin, you can only regulate what you have control over and has a central source, btc does not have an institution nor a body that manages it, so who will implement the regulation laws, I really wish it is possible
Are you sure that if bitcoin is regulated the profit of bitcoin will be the same as it is today? I think if bitcoin is properly regulated the profits that we get cannot be maximized, it might be lower than what we get today. We also cannot be free to look for big profits, I don't think bitcoin needs to be regulated if we still want to make a big profit.
I think you worry about the price. Regulations might cause the price to fall in the short term. But note that many new jobs that are related to cryptocurrencies might be created.
In a way, I agree that Bitcoin does need some form of mild regulation to put people at ease but too much of it and its all for nothing. Thus, such ideas must be well communicated before people get too panicky.
Bitcoin drives the concept of decentralization in this crypto-market. Proposing that Bitcoin should be regulated is equal to wishing that decentralization is abolished from the crypto world for centralization to dominant.
I do believe, that if guys in the government will try hard and try to make it positive not for themselves only, we can experience the full positivness of Bitcoin and blockchain usage everywhere.
I am very strange to hear from the author of this post that bitcoin needs to be regulated. This contradicts its main advantage, anonymity and decentralization. You can not bind bitcoin to the chain, this is just what many States want, but you can not do this. All are equal owners of this crypto property.
The good thing is that no one is going to listen to him, governments are going to try to regulate bitcoin, there is no doubt about it but the developers are never going to change the code to make the life of governments easier and since code is law in this market then it does not matter, but more than ever I really think we need a DEX that works soon, so we can exchange our coins without having to use centralized parties.
Are you sure that if bitcoin is regulated the profit of bitcoin will be the same as it is today? I think if bitcoin is properly regulated the profits that we get cannot be maximized, it might be lower than what we get today. We also cannot be free to look for big profits, I don't think bitcoin needs to be regulated if we still want to make a big profit.
Ok so first of all I see Bitcoin/ Cryptocurrency as a movement and a revolution. A "smarter" form of currency and blockchain as a technology with wide spread application of use particularly interesting is the system of checks and balances/ record keeping that it creates. I don't believe that cryptocurrency can be stopped its widespread implementation is present and growing and developing all over the world and because of that any entity that resists or delays it's implementation will eventually conform to prevent from becoming obsolete and being left behind in innovation.
that's true and I really agree. but until now no one can control or regulate bitcoin. even we cannot predict the movement of the bitcoin price chart bro. therefore it's very difficult to manage bitcoin
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