Topic: Bitcoin must be regulated! - page 7. (Read 2409 times)
Bitcoin regulation is required as governments are afraid that it can be used for illegal activities. If its regulated it will help in mass adoption and this in turn will increase the prices.
Bitcoin must get regulations because when Bitcoin gets regulation, the level of trust in digital currency will increase. As we know that there are still many people who have not been able to accept the development of digital currencies well, but when there are regulations, everyone will be easier to use and understand digital currencies.
You all should read the white paper of bitcoin, there Satoshi describe a decentralized form of payment that would allow the community to govern itself autonomously and without heirarchy.
No one can regulate bitcoin because it have it's own rules... Maybe some goverment's with hide transactions taxes with 'regulation', but they will not have the power over bitcoin.
Let me share some sources with you guys, maybe you learn something about Bitcoin:
https://bitcoinmagazine.com/articles/bitcoin-truly-decentralized-yes-important-1421967133/
https://cryptoiscoming.com/is-bitcoin-decentralized/
No one can regulate bitcoin because it have it's own rules... Maybe some goverment's with hide transactions taxes with 'regulation', but they will not have the power over bitcoin.
Let me share some sources with you guys, maybe you learn something about Bitcoin:
https://bitcoinmagazine.com/articles/bitcoin-truly-decentralized-yes-important-1421967133/
https://cryptoiscoming.com/is-bitcoin-decentralized/
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. 
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.
We all are aware with this fact that bitcoin is a decentralised crypto currency and thus there is no such proper authentic regulating body over the bitcoin who could keep eye over all the bitcoin activities and I think this weakness of bitcoin is misused by some social defaulters and they use in it some illegal activities like in selling drugs, explosives, money laundering and many more and thus in order to stop this illegal use of bitcoin, bitcoin needs to be get regulated and this could be only possible when bitcoin will get legalised all over the world. 
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.
I think the rules that you mean will only leave a number of problems for the development of bitcoin itself and also for its users. Supposedly, if you doubt the popularity of bitcoin, why should you invest in bitcoin? ... In my opinion, people like you are not worth investing in bitcoin, because you are someone who doesn't understand the performance of bitcoin.
Bitcoin undergoing regulation can only mean onething, thus shifting from a decentralized mode to a centralized mode. The governments are in for just the power behind Bitcoin and once they are allowed to regulate it, Bitcoin will be manipulated to suit their own gains.
But what governments do not see is that if they do that and they get to regulate bitcoin then we're just going to abandon bitcoin and adopt another coin, so this market cannot be really destroyed by them because whatever tactic they use to destroy bitcoin or to take over it will show their hand and a developer will be able to create another coin resistant to those methods.
It is a bit a tricky question about how bitcoin can be regulated as it is almost impossible to track it. So there are some pros and cons to any situation. Here basically you pay for the privacy of the transactions and operations with the absence or limited regulations.
I would say the market will be able to recover when they hype comes back and the great buying volume comes back again. Then the whales would also follow the hype. We dont have to worry too much.
For me, I want to stay Bitcoin what it is really is. I don't want the Bitcoin to be regulated of anyone or even the government. I want the government to remain a decentralized and anonymous as it is from the beginning. I know that there are some other people just like me to not make the Bitcoin be regulated or in controlled over.
I know that the time will come and that thing that you wish will happen my friend. There are so much scammers and online investments and only regulation will make a drastic change to that. There are also criminals on the darkweb that I'm so disgusted that uses crypto to do their evil deeds.
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.
government cooperation with bitcoin is very much needed if the government monitors or regulates bitcoin makes it easy to invest and the development of bitcoin why not you right, bitcoin must be regulated if we truly want bitcoin to stand firm. the reason why so many countries still kick against the use of bitcoin is because it is not being regulated and so makes it prone to manipulation but i believe once it is regulated, we will see investors openly troop in
Regulation will not only help increase confidence in bitcoin as an investment, but more importantly, as a digital currency. If people started to trust bitcoin more, we could all start using it until it replaces fiat. What do you think?
you right, bitcoin must be regulated if we truly want bitcoin to stand firm. the reason why so many countries still kick against the use of bitcoin is because it is not being regulated and so makes it prone to manipulation but i believe once it is regulated, we will see investors openly troop in
I think that btc is the best coin and it doesn't require any kind of regulation. to my mind, it is better to use btc because it is the best coin ever and you will be able to regulate it only if the government decides to do this
I think the invented technology is hardly created only to milking investors.In fact, its goals are much higher and cleaner
To be able to control it would be good but It will always mainly be controlled by itself. The whole point of this.
Lol. And what is the general meaning of bitcoin then? This is his main advantage. It turns out that you can do just digital state money ... why is bitcoin for this.
Yes, I also think so, because without regulation the illegal use and scamming can never be stop and we will always become harmful.
If bitcoin to start a regulate, what will be a difference Bitcoin of usually currencies? The blockchain? Maybe but then anonymity will be a lost. Are you ready to sacrifice it? For me freedom have a highest value.
Hmm. You might be right but come to think of it what ever you do today always have a disadvantages because if government come to regulate the price of BTC it will be at the disadvantages of the investors. They will choose how and when the price will rise and rhwThe limit in which it can only reach with this the dead of it will be in the corner.. So for me I don't think it is a good idea to do that.
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