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Topic: Can REGULATION Really Be Beneficial to Bitcoin? - page 8. (Read 17885 times)

full member
Activity: 854
Merit: 108
For me in talking of Bitcoin alone then of course it will harm the market as legitimacy of the crypto users will be checked well making the illegal people to stay away from Bitcoin. These illegal people are using Bitcoin to hide their dirty money in which it will help to make the Bitcoin price to soar high but in talking of government then of course it will just making its people safe which is also considered  beneficial.
member
Activity: 742
Merit: 21
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In theory yes, practically we shall see. Regulation will bring nore institutional investors and this should be beneficial for btc's price.

Some people already claiming this might spark a bull run. The desperation is real. But many big companies have already adopted blockchain and are heavily invested in the technology, and prices have continued to plunge.
hero member
Activity: 1008
Merit: 501
bitcoin cannot be regulated. only the cryptocurrency indexation and advertisement can be regulated, plus the usage of fiat style token.

bitcoin is defined in its code.

its idiotic that people ask this question at all.
the government does not provide regulations internally, of course it will not be possible, the government will provide regulations outside or around the use of bitcoin. such as the presence of KYC or something like that is a form of regulation that might be applied. it might have a positive and negative effect

regulation cant be applied on bitcoin, how? can you explain me that detailed?

and why should anyone have an interest upkeeping a regulation on "bitcoin" upkeeping regulation has costs.

this forum is full of noobs that have no idea how the world works
I think you have read it dude, regulations are given only to centralized products, while decentralized technology, regulation will not be able to be applied as a whole, even if you do not follow the rules and regulations, you can still use bitcoin? what I mean is that regulation can be done outside of the bitcoin system itself
hero member
Activity: 1190
Merit: 500
In reality when governments make regulations on bitcoin, it's because to gain more control on it, not actually om bitcoin but how much user does exchanges have, where goes money and so on. In any way, if it's really beneficial or not, doesn't matter because it will happen anyway. At first there were no regulations because it had few users, news around bitcoin and crypto weren't loud and important.
To directly answer your question, for us regulation isn't good, because bitcoin is meant for protecting privacy and to be decentralized.
a big impact on the addition of active users and investors together with agreements that were immediately understood as yellow lights. But what happened next was a lot of irrefutable rules. But how much debate arises that there is no denying that regulation must exist to make greater speculation. The market will respond in their own way.
Agree, I think regulation must be done, like it or not. bitcoin will continue to grow and spread, regulation will make bitcoin go up one level to a higher class, bitcoin will look official and more trusted, of course there will be pros and cons, that's a natural thing. but of course every regulation and rule can be changed accordingly with the agreement of each party..
member
Activity: 92
Merit: 17
Largest BTM network in Vietnam
To put it as short as possible. Regulation could decrease scams and increase trust
hero member
Activity: 2814
Merit: 911
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How can regulation help Bitcoin along with other cryptocurrencies? Will it benefit the investors as well?
Your thoughts guys...
The only positive thing that can come with regulation is that we could have strict regulations on how to run the exchanges and the scams we see now can be eradicated as well as in my opinion we need a strict regulation on ICO as it was the major area in which majority of the scams takes place and the companies that collects these huge amount should produce their work progress after accumulating the amounts rather than social media hype and words.
Regulation can bring in institutional investors in the market which will rally the market upwards rather than going down.
sr. member
Activity: 882
Merit: 268
In reality when governments make regulations on bitcoin, it's because to gain more control on it, not actually om bitcoin but how much user does exchanges have, where goes money and so on. In any way, if it's really beneficial or not, doesn't matter because it will happen anyway. At first there were no regulations because it had few users, news around bitcoin and crypto weren't loud and important.
To directly answer your question, for us regulation isn't good, because bitcoin is meant for protecting privacy and to be decentralized.
a big impact on the addition of active users and investors together with agreements that were immediately understood as yellow lights. But what happened next was a lot of irrefutable rules. But how much debate arises that there is no denying that regulation must exist to make greater speculation. The market will respond in their own way.
hero member
Activity: 2450
Merit: 948
Metawin.com - Truly the best casino ever
In reality when governments make regulations on bitcoin, it's because to gain more control on it, not actually om bitcoin but how much user does exchanges have, where goes money and so on. In any way, if it's really beneficial or not, doesn't matter because it will happen anyway. At first there were no regulations because it had few users, news around bitcoin and crypto weren't loud and important.
To directly answer your question, for us regulation isn't good, because bitcoin is meant for protecting privacy and to be decentralized.
member
Activity: 572
Merit: 10
It is difficult to say what impact regulation can have for crypto. The main thing is not to overdo it. But I think it will help the cryptocurrency to scale more. Also, regulation will inspire confidence among investors and may cause a new flow of funds to the market.
member
Activity: 689
Merit: 14
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I think crypto regulation is inevitable. Correctly you wrote that it will be necessary for global acceptance. There's nothing wrong with regulation. I think we'll check it out soon.
jr. member
Activity: 46
Merit: 1
In my opinion regulation is needed everywhere, otherwise, there will always be types of abuses. Look at personal data for example, that have been sold during those years by everyone, starting from social media and affiliates, leaving so many doors opens to scammers to abuse uneducated weak audience.
Bitcoin has all it takes to be the official money of the internet.

Some of us can survive without regulation as we can "defend" yourself against frauds and malware. But what about the rest of the world? I think that more then regulation, we need education starting from elementary schools talking about the risks online, teaching the evolution of the Internet and educating the future generation of this digital world.

Bitcoin is probably only one sector that needs to be regulated to increase awareness and drive higher volumes. I believe as a result of it, the market cap will benefit.
full member
Activity: 938
Merit: 137
Regulation of cryptocurrency may be different. Any legalization of cryptocurrency also includes its partial regulation, since it determines the order and conditions of circulation of cryptocurrency on the territory of the state. Such regulation of cryptocurrency will be useful for it, because it will allow it to develop and enter our life faster. We only need to beware of such regulation, which would change the principles of the existence of a decentralized cryptocurrency.
full member
Activity: 616
Merit: 100
you are right the success currency is the currency that legal in a country (there are policy on that country that will makes bitcoin and cryptocurrency become legal). if it can be reached, i think the price of bitcoin can rise up and more stable than before
jr. member
Activity: 340
Merit: 2
Clear and legal rules that will help bitcoin's future develop sustainably, it is important to help us better understand the legal and usage.
full member
Activity: 791
Merit: 139
I believe it is very useful and beneficial! regulation is one way access for the government of many countries adopt the cryptocurrency and bitcoin.
They need to be regulated and many people will allow to use this. Government need to be assure that they will still get the needs and security of its people!
jr. member
Activity: 336
Merit: 1
Improve your mode of payment with crypto
Although many cryptocurrency users are not in support of regulations but regulations can actually influence the upward movement of the market. Regulations means the governments will legalize the usage of cryptocurrencies. With this, people in all countries will freely utilize the service of cryptocurrency and as we know already, increase in demand will definitely increase the value of the market.
hero member
Activity: 1470
Merit: 509
I've read this somewhere; The currencies that succeed, are not those that circumvent the state, but rather those that are legitimised by the state.
But it is a known fact that, Bitcoin is a decentralized digital currency. Free from government interference and manipulation.
Does this mean that Bitcoin, being the most popular and most sought after cryptocurrency, still cannot be considered a successful currency?
How can regulation help Bitcoin along with other cryptocurrencies? Will it benefit the investors as well?
Your thoughts guys...
Everyone evaluates this to be good or bad according to their own interests. In my view, how Bitcoin is accepted when it was created, it should be the same until the end. These changes will cause the price to be like the others, if we wanted it to be, noone would be busy with the crypto trade. In addition, this regulation will facilitate the interventions of governments at any time.
full member
Activity: 742
Merit: 144
Regulation will give limited space for bitcoin and become not profitable when bitcoin could growing up, when have regulation bitcoin always at the same price and investor could not take profit more than 100% at the next time.
Bitcoin may not be profitable anymore but at least its more safer. Bitcoin created not for the purpose of making money beyond 100%, no one know that it can happen before until the hype begings. There’s a pros and cons on regulating bitcoin, and we cannot say what its all about, not until it happen this will depend on the situation.
copper member
Activity: 308
Merit: 1
Veil
Yes , regulation will be beneficial as it will make Cryptocurrencies more stable which would enable the whole functions of money such as being a store of value etc.
Regulation will bring about price stabilization and this will make so many potential investors who were turned off from investing because of the volatile nature of Cryptocurrency.
Unfortunately, if this happens, then bitcoin will no longer be bitcoin as the purpose for it's creation have been defeated .
sr. member
Activity: 1470
Merit: 325
no single currency worldwide is as vulnerable to Bitcoin and crypto as the Liberty Empire of the United states.

as soon as the us central bank becomes bankrupt, Bitcoin will get new liquidity issues, as new national currencies will gain, like EURO, or russian rouble.
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