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Topic: Bitcoin must be regulated! - page 8. (Read 2409 times)

newbie
Activity: 107
Merit: 0
September 02, 2018, 01:00:52 PM
Hmmmm, it seems this dude don't understand what Bitcoin is and the solution it tends to proffer to the world, I always tell people to understand the concept of Bitcoin and blockchain before jumping into Bitcoin, I guess you are just looking the Bitcoin price and thought you can make quick buck outa it, it doesn't work that way you need to go and read Bitcoin whitepaper.
sr. member
Activity: 658
Merit: 253
September 02, 2018, 12:45:18 PM
Are you sure you got the cryptocurrency? It is impossible to control Bitcoin, manage it and regulate it. You need to be patient because Bitcoin will grow in any case. Just wait a little.
member
Activity: 714
Merit: 14
September 01, 2018, 07:21:07 PM
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.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
September 01, 2018, 07:21:00 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.
True, but many people are not here for the philosophical aspects of bitcoin, they only care about the money and that is why they want bitcoin to become nothing more than another form of fiat, we must resist those desires to change bitcoin to something that is not because if you think that things are bad right now I am sure that once that bitcoin becomes widely adopted things are going to get even worse.
newbie
Activity: 37
Merit: 0
September 01, 2018, 07:17:32 PM
The basic principle from the invention of Bitcoin is its decentralized feature. It is bad if we wish to destroy its fundamentals.
newbie
Activity: 112
Merit: 0
September 01, 2018, 07:12:15 PM
don't think negatively about bitcoin lol ...! Mr. Satoshi makes bitcoin for digital money and not for investment, and I hope you understand what I think.
full member
Activity: 420
Merit: 100
September 01, 2018, 07:09:05 PM
Regulation and government interference is certainly the biggest challenge facing cryptocurrency today. Personally, I'm totally support of regulation of Bitcoin because Regulation is a good thing for bitcoin and will increase adoption. I believe for Bitcoin to retain  it's value and standard regulations will tend to give trust for more investors to come into the community and reduce scammers in the space.
newbie
Activity: 85
Merit: 0
September 01, 2018, 06:51:16 PM
I don't want to support the regulation of Bitcoin. It is better it remains unregulated and decentralized. I would prefer ICOs regulation instead of Bitcoin regulation.
member
Activity: 215
Merit: 11
September 01, 2018, 06:51:07 PM
In a research made by an university it is mentioned about the need of regulation for the success of cryptocurrency. To me, regulation leads bitcoin to be under control. This means there will be governments or other authorities that try to manipulate the market according to their necessity making it worse.
full member
Activity: 434
Merit: 101
September 01, 2018, 06:45:31 PM
News about people being scammed through cryptos is almost everywhere and as bitcoin become increasingly famous and utilized by most people, governments are also alarmed as they know the potential of bitcoin and its effect to the their economic status and regulating it may somehow alleviate the scam projects around.
copper member
Activity: 479
Merit: 11
September 01, 2018, 06:28:51 PM
You are very disappointed on Bitcoin that you want it regulated, Bitcoin was created a decentralized cryptocurrency, something that you missed, you should go back to reading more on Bitcoin and cryptocurrency, we cannot have it totally regulated it will ruin its decentralization system
member
Activity: 420
Merit: 10
“Tackling Climate Change Using Blockchain”
September 01, 2018, 05:57:24 PM
You really don't have to worry that much. It is far from happening. While it is true that it might end up with no value it all but the utility gives always gives it. So for as long as it is used it will always stay with a value. It is even possible thay any exchange within a country may even buy bitcoin and used it as a payment method and set their own prices for its usage separately from the rest of the world for as long as the blockchain will still be working and that there will still be users to utilize it such that the exchanges still gains from it.  It is not now yet so don't worry.
full member
Activity: 783
Merit: 100
September 01, 2018, 05:48:35 PM
I think your not fully educated on the bitcoin because of the kinds of words what you said.  dont be the one whos investing bitcoin because of the highest current price. try to research something and give your self knowledge. ang you should learn that bitcoin is so simple. Any body cant own all of the bitcoins and be right behind it. and Anybody cant control it that what bitcoin is.




I agree that if anyone can't control bitcoin, bitcoin is simple but to be able to see bitcoin has a good effect it is necessary to do research and rules. I see if to manage bitcoin it still can't be maximized and there is no specific body or regulation for bitcoin.
sr. member
Activity: 1150
Merit: 260
☆Gaget-Pack☆
September 01, 2018, 05:46:13 PM
The regulations will happen, it was never a matter of "if", but "when". The market isn't necessarily a black one, but it's not necessarily an official one either. This is where regulators come in. Hopefully, without impeding innovation, a compromise will be made between parliament and crypto, one that guides investors safely without being too overbearing.
    I think blockchain is the future, it is in high demand. Of the market is to ever be a fair one, without major price manipulation, then some bit of regulation is neccessary. Think about how a vaccine works, they usually put a little bit of the ailment into it, in which they seek to cure. When injected, the body adapts and forms natural antibodies to the disease.
     A little bit of regulation is good for the entire body of the crypto scene. We need just enough to build up a strong compliant foundation, because too little of it will result in chaos and too much of it will result in anarchy.
full member
Activity: 462
Merit: 100
September 01, 2018, 05:32:27 PM
I think your not fully educated on the bitcoin because of the kinds of words what you said.  dont be the one whos investing bitcoin because of the highest current price. try to research something and give your self knowledge. ang you should learn that bitcoin is so simple. Any body cant own all of the bitcoins and be right behind it. and Anybody cant control it that what bitcoin is.



newbie
Activity: 28
Merit: 0
September 01, 2018, 04:40:09 PM
Errrrrrrrm you have a point. I think if bitcoin and its activities can be monitored and regulated, there will be little to no issue of fraud, theft, scams and the other illegal activities that are related to the currency
newbie
Activity: 31
Merit: 0
September 01, 2018, 04:39:34 PM
be sure
member
Activity: 406
Merit: 10
September 01, 2018, 04:36:27 PM
It seems to me that bitcoin will be able to actively and safely exist without regulation. Because the national audit office will lead to a lot of problems for the technology itself and for investors.
member
Activity: 322
Merit: 10
September 01, 2018, 04:30:16 PM
Bitcoin regulation will simply kill its uniqueness. It was because of his independence from anything that people took him so passionately. This is the key to his success.
member
Activity: 490
Merit: 10
September 01, 2018, 04:11:35 PM
I understand that your intentions are good, but unfortunately or fortunately, bitcoin regulation is impossible. It goes against his idea.
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