Bitcoin must be regulated! - page 6.

Janation

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Quote from: taeewo on September 06, 2018, 03:30:54 PM

Yes regulations is needed and its not only for bitcoin, it should be cryptocurrency in general as it will make more investors to have confidence and believe in Crypto.

The regulation's decision will be in the hands of the government. We, investors and users has no power to stop their decision and if these cryptocurrencies are regulated, it will not only be investors who will be having an advantage to it, it will be the people in that country who will also use Bitcoin.

It is not that itis needed, but it is something that we dont really need to be desperate of. There are still some flaws on regulating it, the reason we should not haste.

Osayo

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It is not necessarily a must that Bitcoin is regulated before we get it right. Our individual attitude matters a lot here. If everyone of us already in cryptocurrency throw away greed and will to defraud others of their hard earned coins, no one will be discussing regulation for cryptos.

mensahkkofie

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The system on which bitcoin runs is so decentralized, it would certainly take some time before any regulations can be put in place with ease.

jpnl0006

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bitcoin cannot be regulated as the protocol was not designed to accept interferences such as regulations by agencies or international organisations as the regular conventional bank would. it was made to make people feel independent of certain things and also loads of evil deeds in terms of corruption. it must not be regulated.

White Christmas

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★Bitvest.io★ Play Plinko or Invest!

Quote from: Supremacy1 on September 06, 2018, 02:22:15 PM

Well I didn't doubt it , it will only makes it acceptable by the government and leads to expansion of it usages all over the world

I dont think if it was a good idea to be regulate bitcoin. Because once it has a regulation in bitcoin it means that government has access on it. Its like they have the power to control and manipulate everything. It will be centralized once it happen. It still better if bitcoin will remain decentralized so that anyone cant control it.

cryptogayan98

newbie

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I do not think so. As a country, the government in the country grants approval for bitcoin. bitcoin is a trustworthy coin. Nor is this a gamble or a fraud. This is a coin showing success. What should such a coin be controlled?Such a coin allows people to earn a big profit. As a country, in such a coin, it is important for the country and for large economies. The government does not want to control this. They must confirm the bitcoin in the country. Otherwise, even investors are not willing to invest here.

bits4books

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Crypto is not a religion but i like it

We need really fresh and Wise Minds to do that because otherwise those old and silly guys would take on bitcoin and try to regulated I think they will at least be an obstacle for it.

taeewo

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Yes regulations is needed and its not only for bitcoin, it should be cryptocurrency in general as it will make more investors to have confidence and believe in Crypto.

Gabb

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It is truly shameful that someone who does not have the slightest idea of everything that involves the concept of bitcoin as OP, feels with the urgency that the authorities intervene in the cryptonuniverse to prevent the greedy newbies from losing their money.

In fact, the blockchain technology is in the process of mass adoption and is already offering intelligent solutions to real problems, and no one can question the usefulness and necessity of this technology. The secondary fact that some speculators try to make money with it has nothing to do with this technology, so OP you should assume the consequences of your ambition without screaming for your losses.

evilsign

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I think that makes the price of bitcoin chaotic and in the opinion of some people it is a bubble is those who have just entered the world of bitcoin and suffered losses, or fear and worry about their assets so they will spread FUD which will indirectly affect the psychology of other traders.

hsyncl

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I always left when I had to be regulated in terms of security. But I can not make sense because of this issue, especially if governments do not recognize bitcoin. Because people are able to smuggle drugs on the counter side in the normal currencies.

Supremacy1

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Well I didn't doubt it , it will only makes it acceptable by the government and leads to expansion of it usages all over the world

MrRiuss

member

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we cant regulated bitcoin itself, but we can make a regulation about such as transaction of bitcoin in the real life.

xbossJ

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Invest and play

Its not going to be easy walking the rope of regulation when it comes to bitcoin or cryptocurrencies as a whole. But it would be easy to regulate exchanges if they aren't decentralized! The only thing causing problems for the technology is the ICOs, although the technology was provided to make things easy for all of us in terms of funding of beautiful ideas which hitherto banks hardly paid attention to. A lot of bad eggs are turning this freedom into something of a death sentence for investors.! if we want to regulate bitcoin or other cryptocurrencies, we need features on blockchains that lockdown addresses suspected of moving funds that don't have valid sources, addresses that have suspicious activities, but this takes away all the freedom for which the technology is loved in the first instance. Its possible but it would depend on what we redefine blockchain to mean! some freedom has to be taken away to stamp out bad eggs.

Soneo

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Quote from: awosesun on August 29, 2018, 05:51:16 PM

I know presently, many countries especially USA, trying all their possible best to regulation cryptocurency generally and not only bitcoin, which is very good to me base on some of the bad egg that are trying everyday to reap from where they didnt sow. But i think bitcoin doesn't need regulation in the first place because of the word crypto but for it's betterment and to make people believe in it, after crypto has been used to scammed people. So, it should be regilated.

So, what are you talking about setting up bitcoin? Do you really know what bitcoin is?How much bitcoin do you invest and why is it lost, if there is one?Return to base buds.
if you don't want to risk investing in bitcoin then you should not invest.

wiro 212

newbie

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Bitcoin cannot be set because it is anonymous and will remain like this, I think because anonymous bitcoin is preferred rather than having to be regulated.

Saldom12

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I think it's good, if bitcoin can be regulated I think all countries will be able to accept bitcoin. But it's very difficult because bitcoin is difficult to manage.

South Park

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I am terrible at Fantasy Football!!!

Quote from: Sandijoee on September 05, 2018, 01:35:57 PM

I agree with you, bitcoin must be regulated so that bitcoin is legal in all countries or accepted by all countries. And that might make the name bitcoin good and might make the price of bitcoin rise. Grin

Another regulator, you don't understand not everything is about the price, the reason bitcoin has any value at all is because of its uncompromising characteristics, if you took away one of those characteristics bitcoin will become worthless, we cannot compromise it is clear that governments want to regulate bitcoin and if they want they can do it but that regulation cannot be put in the code or everything is over.

Offece

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I assume it is a outstanding point of view. big money are invested into cryptocurrencies so investors need to be in protection. Of route the legal guidelines shouldn't be so strict due to the fact Bitcoin will lose its benefits

SventraPapere

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Good thoughts.Support and promotion of course is not enough.We are ready not to throw bitcoin, if this is primarily interested in the creators.We need to unite and work together on development.And if the bitcoin team is only interested in collecting funds without further development...then alas we shall be powerless of the Lord.It is necessary to correct a situation now.

Topic: Bitcoin must be regulated! - page 6. (Read 2409 times)