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Topic: Bitcoin must be regulated! - page 19. (Read 2409 times)

full member
Activity: 564
Merit: 100
August 19, 2018, 08:50:01 AM
#58
When Bitcoin is set by the government, it will be subject to regulatory restrictions by the government, which may lose some of Bitcoin's features. But I think one day Bitcoin will do this so that it can be accepted by the government, so that it can be used extensively. I look forward to it, but I also want the government not to bans Bitcoin's special features.
full member
Activity: 1099
Merit: 116
August 19, 2018, 08:49:10 AM
#57
Bitcoin can not be regulated naturally.  It is a decentralized blockchain technology and the first digital cryptocurrency in the world. You should bear in mind that nobody can regulate  bitcoin transactions.
member
Activity: 392
Merit: 10
August 19, 2018, 08:34:08 AM
#56
Supervision is a double-edged sword. On the one hand, it helps to reduce the use of BTC for criminal activities!
On the other hand, BTC's investor privacy has been exposed, and many people will give up investing in BTC!
jr. member
Activity: 322
Merit: 1
August 19, 2018, 08:05:03 AM
#55
Anyone can invest on bitcoin and nobody control this project. Even government can't control it. So we can say it can't be regulated.
newbie
Activity: 140
Merit: 0
August 19, 2018, 03:46:35 AM
#54
I think it is an good idea for bitcoin to be more systematized ! And having a good flow.
newbie
Activity: 62
Merit: 0
August 19, 2018, 03:20:03 AM
#53
I am sorry but bitcoin cannot be regulated by a particular body. It is in the world of web and there is no scope that government will regulate it because government is strictly against it. So I suggest that you should know more about bitcoin and its security and then invest on it.
newbie
Activity: 237
Merit: 0
August 19, 2018, 02:55:19 AM
#52
I think you don’t have a vast knowledge about bitcoin. It is a system that is regulated on web world and nobody knows who owns it. It is a world of mystery so I suggest you to get more knowledge about it.
newbie
Activity: 194
Merit: 0
August 18, 2018, 04:52:17 PM
#51
yes, of course bitcoin should be settled. This will happen, it just takes time. Bitcoin is already regulated at the legislative level, in some countries Lips sealed
member
Activity: 574
Merit: 12
August 18, 2018, 04:16:34 PM
#50
regulating bitcoin will surely give investors guarantee to invest without fear and this will boost both confidence and price in the cryptocurrency market. i do hope this regulation comes as soon as possible so bitcoin can become stable.
hero member
Activity: 1316
Merit: 379
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August 18, 2018, 03:40:08 PM
#49
It is a tall order to get bitcoin to be regulated. It is not possible.
jr. member
Activity: 56
Merit: 1
August 18, 2018, 03:18:17 PM
#48
Bitcoin will last and will emerge as the ultimate winner for currency transaction whether it is regulated or not. It’s just that imposing regulations over it will add more reliability of the mass public. Besides, too much regulation would actually destroy its sole purpose of being decentralized. Bitcoin will recover sooner or later.
member
Activity: 378
Merit: 10
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August 18, 2018, 03:05:34 PM
#47
Bitcoin regulation will  make it quiet stable but trust me people will take advantage of that and manipulate the system which will not be quiet favorable to the whole.
sr. member
Activity: 490
Merit: 280
August 18, 2018, 02:39:49 PM
#46
Requesting for bitcoins regulations means the author don't understand what bitcoins stand for. Regulate the transactions that is anonymous on the blockchain or regulate the exchanges and services using bitcoins? The simple truth is that bitcoins is above regulation or monitoring hence government unable to touch it.

It's not above regulation. You could say it's above enforcement of regulations perhaps. But a lot of people aren't going to risk it if penalties are actually significant.
hero member
Activity: 952
Merit: 502
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August 18, 2018, 02:37:06 PM
#45
Cryptocurrency and regulation are generally incompatible. How can you regulate what should not in its essence depend on anything, because decentralization - this is not what is not dependent on.
sr. member
Activity: 700
Merit: 250
August 18, 2018, 02:34:03 PM
#44
In my opinion the cryptomarket should be regulated, because I think regulation by the government of this sphere will affect positively. For expamle if certain sphere is regulated, trust of people in it and business turnover will increase, ICOs will more fair and transparent, scams will decrease. That's why as I mentioned earlier whole the market should be strongly regulated.
newbie
Activity: 18
Merit: 0
August 18, 2018, 02:25:30 PM
#43
I'm torn between the two "equations":

On the one hand,
Regulation = control = red tape => decay

On the other hand,
Regulation = control = trust => development

The only thing that's unclear to me is which of them turns out to be true in reality.
And the problem is you never can tell which way it goes until you try, but having tried something like that might become a point of no return... That's what I'm scared of.  Undecided
member
Activity: 392
Merit: 11
August 18, 2018, 02:19:03 PM
#42
Requesting for bitcoins regulations means the author don't understand what bitcoins stand for. Regulate the transactions that is anonymous on the blockchain or regulate the exchanges and services using bitcoins? The simple truth is that bitcoins is above regulation or monitoring hence government unable to touch it.
full member
Activity: 658
Merit: 108
August 18, 2018, 01:58:10 PM
#41
Its better it should be regulated now before it will be too late, too much problems its facing because their is no authority controlled it, we need regulations to revolutionize cryptocurrency.

There is no need to authorities to control bitcoin. Bitcoin has been created to get rid of authorities. It's the main reason of creation of bitcoin.
hero member
Activity: 2884
Merit: 794
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August 18, 2018, 01:55:18 PM
#40
No, I know that bitcoin is going to be regulated but it is not a must, OP you seem to misunderstand what bitcoin is trying to achieve, we are trying to achieve a new way to understand the economy without a big party telling us what to do, what you are proposing goes against that and if that means less investors so be it, not everything is about making profits in this market.
newbie
Activity: 84
Merit: 0
August 18, 2018, 01:53:33 PM
#39
It cannot be regulated. It cannot be own by anyone nor it is ruled by anyone either. So, regulating the market will be a tough one.
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