Bubble and Crypto - page 2. | Bitcointalksearch.org

JCviggen

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Quote from: ethereumhunter on September 16, 2019, 05:50:11 AM

I think by having regulations from the government, we will see bitcoin become a legal thing in the government's side. The public will also know that the government supports bitcoin, and they will not think that bitcoin only used for the illegal thing. They will see that bitcoin offers them a new way to make money from the internet so they can try to join like the other people. That will also help bitcoin to become famous than today.

this will happen. every year, people will learn more about Bitcoin and more and more opportunities for its application will appear. a few more years (5-10) and we will see the massive adoption of bitcoin Cool

ethereumhunter

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I think by having regulations from the government, we will see bitcoin become a legal thing in the government's side. The public will also know that the government supports bitcoin, and they will not think that bitcoin only used for the illegal thing. They will see that bitcoin offers them a new way to make money from the internet so they can try to join like the other people. That will also help bitcoin to become famous than today.

stadus

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We can't stop the government from regulating the crypto market, and let's admit we need it for crypto to look legit.
People judge an investment legit and good when there is a support from the government and although they will regulate crypto, I don't think they will be able to control it.

Yes, it's different because we own our position here, once we hold bitcoin, that's ours and we can even hide it in our wallet without giving the government a chance to freeze it. This is a decentralized asset, it's quite different from other form of investment so let's be positive with its future although government are getting involve here.

jostorres

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It is surely a mistake to an extent but WD need it is better that we get the crypto space regulated even if it will have element of decentralization than to have scammers destroy the crypto space entirely. You look at it, it is because of lack of regulation that scammers are able to use the crypto space to dupe people and then do scot free with it without being apprehended, and then still come back again to carry out the same atrocities over and over again.

I know that government involvement would really make us to lose some level of decentralization, but I think that can still be controlled using bitcoin. We might have lots of centralized coins being introduced after regulation but bitcoin will always remain a decentralized coin.

masterrex

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Quote from: Mighty_crypt on September 13, 2019, 03:10:25 AM

Since the last dot.com bubble many people stop trusting the government and bitcoin was born which offers decentralization, i think this is a big difference from dot.com because if you ask me what dot com bubble was i'd say is simply a rising asset that no one have no position in, but now that we are all hoping for regulations which ultimately will involve the government isn't it a big mistake?
Share your thoughts ....

I think people wants a decentralized financial system free from manipulation by the centralized entitys such Banks thats why they choose to support Bitcoin and other cryptocurrencies. im not againts in any government regulation and i think it was badly needed to be regulated in order to protect the investors hard earned money from the scammers im favor in regulation as long as it will not hurt the true purpose of the crypto-industry.

Ucy

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It definitely is a big mistake. Unfortunately our kind of opinion is no longer very popular in Crypto community.
Regulation would automatically transform a cryptocurrency in fiat currency. Should we then still call such a currency a cryptocurrency?
People who don't understand what Blockchain is all about don't care too much.

drumamat

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Quote from: JCviggen on September 13, 2019, 06:44:27 AM

I think dot.com bubble is very similar to many altcoins that are currently in this market. at its core, it is one and the same and that is why we must clearly understand what projects we should invest our money

Good answer. Indeed, a huge number of ICO and IEO who simply took the money of investors are no different from dotcoms.But if we are talking about top altcoins, then naturally this is a revolution for investors compared to dotcoms.

PuertoLibre

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The dotcom bubble can't be the same as the other Ponzi scheme balloons, I don't think the crypto bubble will pop one day. The deflationary price feature of the Bitcoin is the big plus in this illustration. The trillion-dollar market cap may raise such concerns but it is too late calling the small arm of the financial market as "bubble". The crypto traders don't go all in the single coin because of the FUD which can be the reason for sudden price dump. Crypto prices are under attack with the FUD when the market is in the bull trend mode.

The crisis character of capitalism also combined with this fake news and the technology world will not see the financial crisis first time if ever the bubble comes to the end. The hidden hand rule is the name of the economy's central bank which determines the supply, demand depending on the market situation.

tunapa

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Personally I think the crypto has a very wide advantage ! In the sense that seemingly you control your friends at will either to buy or sell . Even though crypto needs to be regulated need it to put things in order . Buy yet our freedom is at stake .

bigcash2011

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Yeah government involvement has both positive and negative effects so i have neutral opinion about it and secondly i think gevernments of all major countries will soon start developing their own stable coin which will be fully regulated and taxed so the real decentralized cryptos like btc and eth will gain even more value and demand because of their truly decentralized nature and being free from control of any govt or institutions.

tabas

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IMHO we'll see mix opinions and thoughts about it. But crypto isn't really meant to have that but if there is no choice, who we are to stop them? Although the gov't can't stop or interfere unless they will implement a forceful law to the people who are into crypto.
For which, I doubt they will.

Danslip

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Quote from: Mighty_crypt on September 13, 2019, 03:10:25 AM

Since the last dot.com bubble many people stop trusting the government and bitcoin was born which offers decentralization, i think this is a big difference from dot.com because if you ask me what dot com bubble was i'd say is simply a rising asset that no one have no position in, but now that we are all hoping for regulations which ultimately will involve the government isn't it a big mistake?
Share your thoughts ....

Cryptocurrency is independence, that is why most people use it. In any case, the government wants to dominate everything itself, it can't work here and that is the first reason people prefer to use crypto world, here is much comfortable than there. To be frank, the government use their power to remain their egotistical interests, the only the world of them. The bubble can pop if something serious news left the marks on the minds of the crypto investors. The quantum computers are the biggest threats against the reliability of the Bitcoin but the timing is unknown to the many investors. The technology never gets old, it always becomes stronger than previous versions.

landoffaucets

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Bubbles are typical for economy. Economy works in cycles thanks to quantitative easing. So it is natural that every price growth is followed by price fall. If you understand cycles, you can buy low and sell high.

nxnqauff

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I am not sure what is called bubble in crypto. We assumed it as bubble but it is not actually considering the movement that is ongoing now and still pending in most of the altcoins.

serjent05

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Quote from: vycl87 on September 13, 2019, 06:39:27 AM

I am thinking same like you. Government shouldn't involve in cryptocurrencies world. Gov's wants to control everything. It is in its nature. They have to know everything, control and regulate it. Let the people learn what is cryptocurrencies, how can we use it, is it safe or not... Then we won't need any crypto regulation already.

Sorry but I think the other way around. Without government regulations, many people will fall on scam. I have seen those actions, scam company exploitinig cryptocurrency having no legalities to operate since their reason is that it is decentralized. I am into freedom but if it gives more negative impact than positve ones, it is better to have the goverment to step in.

People are too lazy to learn and criminals exploit this, at least with the government regulation around, these criminals will have a 2nd thought in doing their crimes.

Quote from: HK88 on September 13, 2019, 01:16:53 PM

I will take a small sample, if the government can eradicate project fraud in this market, of course I would strongly agree if you want to involve the government. but unfortunately that is not possible, so the government cannot regulate this market. and now we are seeing market correction, after the price of bitcoin has jumped in the last 2 years and now the market is the opposite. but according to the analysis of crypto 2020 is a glorious year like 2017. And hopefully that will really happen

Having the government to regulate things means a way for people to check in if the project is a scam or not, something like guidelines in investing into a cryptocurrency startup/project. And if ever they scammed people, with their registration, the perpetrators can be apprehended and be jailed.

HK88

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I will take a small sample, if the government can eradicate project fraud in this market, of course I would strongly agree if you want to involve the government. but unfortunately that is not possible, so the government cannot regulate this market. and now we are seeing market correction, after the price of bitcoin has jumped in the last 2 years and now the market is the opposite. but according to the analysis of crypto 2020 is a glorious year like 2017. And hopefully that will really happen

Coltpython

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The main reason people attach bubble to cryptocurrency is in its use case as they fear government will never approve it over fiat currency because it is hard to control. Also, the fact that it is unregulated means it is currently being used for illegal transactions which further proves to the doubters that crypto will end up being a bubble as government has enough reasons to ban it

Ayiranorea

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Quote from: Mighty_crypt on September 13, 2019, 03:10:25 AM

Since the last dot.com bubble many people stop trusting the government and bitcoin was born which offers decentralization, i think this is a big difference from dot.com because if you ask me what dot com bubble was i'd say is simply a rising asset that no one have no position in, but now that we are all hoping for regulations which ultimately will involve the government isn't it a big mistake?
Share your thoughts ....

Dot com bubble hit the world during the 90's and similar to this several incidents have taken place in the past. Another one being the tulip bubble, following this people was much into controversy about bitcoin during the previous bull run stating it to be a bubble. By the same time there were people who strongly opposed it stating it as a wave of growth which might get slow down but the growth won't gets stopped. Same as that we've been getting universal support and growth continues. With Bakkt it gets elevated to next level and won't be termed bubble anymore.

Kezacky

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regulations will not guarantee risk of loss. Therefore, the rules in the crypto market need not be enforced, because cryptoqurency itself has nothing to regulate even from then until now. crypto goes over time, I am sure the market will not die and crypto still has a chance to rise from this bad situation.

cudora

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.com bubble was much bigger than crypto and right new we hardly need regulations to make new people invest into crypto currencies. Every second new project is a scam, old crypto currencies are losing in price every day, it is not so attractive for potential investors.

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