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Topic: Does Regulation Attempt affects the Bitcoin Price? (Read 406 times)

hero member
Activity: 1190
Merit: 504
News are affecting the price of bitcoin. I don't know the truth behind it and why whales are getting some move when there is.

But the whole market is just a game of puff and bluff, when there are interesting news they take advantage of it so that the weak handlers will follow them as well and will help the storm that they are about to create. If there are good news too, it has a positive effect.
hero member
Activity: 1092
Merit: 501
I've never been paying that much attention to price before, during and after the possible crypto ban, but surely if some country was to ban crypto, people in that country would go panic selling and probably dump all of their coins from fear. That could probably have some effect on the price but it also depends what country it is, how many btc holders it has.
If the country banning bitcoin in your scenario is not a big player in crypto then the effects will be limited but if it is one of the big players then we will see a crash but like always something that may seem negative can in fact be good since that will be a way for us to get cheap bitcoin for a limited amount of time, after all even if bitcoin was banned in most parts of the world it is not likely it will be banned everywhere and so we will always have ways to trade and cash out our bitcoin.

Well regulations should be healthy for bitcoin in the long run. It doesn't mean that when it is regulated, it gets banned. There are some aspects of bitcoin that can be harmful to the security of people so there should be some restrictions in a way to negate that. Though it may seem to be a negative effect for those holding btc, but we have to look at it for the long term
Bitcoin can be a security risk we all now that but the biggest issue for governments is how are they going to regulate something in which they do not have any control, they can control when a person sells his bitcoin for fiat and require all kind of KYC policies but what are they going to do when we can buy stuff directly with bitcoin? What are they going to do to stop people from using bitcoin instead of fiat?
full member
Activity: 658
Merit: 108
Any news can affect cryptocurrecnies market. And Regulation news are the same.
I think Regulations might cause the price to fall in short time. For example some people don't want to pay taxes and they might leave the market. But I think the effect in long term is positive. because it makes the market more healthy.
hero member
Activity: 910
Merit: 501
I consider myself as newbie to crypto currency, i observed that if there is news regarding regulation of Bitcoin the price fallback will follow.
I can imagine that for the moment regulations can drag the bitcoin price down.
People think through regulations it will become more difficult to buy or sell bitcoins. Maybe they even have to pay taxes.
But when you look at it closer, you see that those regulations make it more difficult for the scammers as well to play their game. And nobody likes to get scammed!
That is why I think regulations make the crypto currency market safer. And because of that, more people will stay invested.
And that leads in the end to a higher price than without regulations.
jr. member
Activity: 173
Merit: 4
I consider myself as newbie to crypto currency, i observed that if there is news regarding regulation of Bitcoin the price fallback will follow.
It may or may not affect the price of bitcoin, in fact up to this moment no clear evidence to proof which circumstances affects the fluctuations of bitcoin price, some says the demand, other says the country's involvement to legality of bitcoin and a lot of speculation. But one thing is clear now, bitcoin price will continue to fluctuates from time to time.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
I've never been paying that much attention to price before, during and after the possible crypto ban, but surely if some country was to ban crypto, people in that country would go panic selling and probably dump all of their coins from fear. That could probably have some effect on the price but it also depends what country it is, how many btc holders it has.
If the country banning bitcoin in your scenario is not a big player in crypto then the effects will be limited but if it is one of the big players then we will see a crash but like always something that may seem negative can in fact be good since that will be a way for us to get cheap bitcoin for a limited amount of time, after all even if bitcoin was banned in most parts of the world it is not likely it will be banned everywhere and so we will always have ways to trade and cash out our bitcoin.

Well regulations should be healthy for bitcoin in the long run. It doesn't mean that when it is regulated, it gets banned. There are some aspects of bitcoin that can be harmful to the security of people so there should be some restrictions in a way to negate that. Though it may seem to be a negative effect for those holding btc, but we have to look at it for the long term
hero member
Activity: 1666
Merit: 753
The regulations only have a influence, when governments come with unrealistic and unfair regulations. A government can be Bitcoin friendly, but their regulations can be so restrictive that it suffocates Bitcoin's adoption and growth.

A typical example of this was the BitLicense that was introduced in New York. It was very complicated and expensive and it created a barrier to entry for many small busineses. A lot of those businesses left New York for more Bitcoin friendly states.

There news about strict regulations, will most definately have a negative affect on the price.

Absolutely agreed.

A lot of the regulation attempts from the government are just attempts to restrict entry for people that are aspiring to use bitcoin, to exchange their fiat currency into bitcoin, and so on. Doesn't have any logic in them other than restricting entry.

And that, obviously, even though bitcoin may be legalised in that country, is bad for bitcoin. And whenever that kind of news comes out to the public, traders panic especially if they are located in those countries and it leads to a panic dump.

So it definitely does have an effect on bitcoin price, no doubt about it.
hero member
Activity: 1092
Merit: 501
I've never been paying that much attention to price before, during and after the possible crypto ban, but surely if some country was to ban crypto, people in that country would go panic selling and probably dump all of their coins from fear. That could probably have some effect on the price but it also depends what country it is, how many btc holders it has.
If the country banning bitcoin in your scenario is not a big player in crypto then the effects will be limited but if it is one of the big players then we will see a crash but like always something that may seem negative can in fact be good since that will be a way for us to get cheap bitcoin for a limited amount of time, after all even if bitcoin was banned in most parts of the world it is not likely it will be banned everywhere and so we will always have ways to trade and cash out our bitcoin.
hero member
Activity: 602
Merit: 500
what do you think "Regulation" means?
I have not read a definition of "regulation" yet.
For me,Regulation are AML and KYC issues.
This seems fair and it will not affect the price of Bitcoin very much in a negative way.
full member
Activity: 658
Merit: 102
The initial reaction of the cryptocurrency markets is negative and their prices go down whenever there is a news about imposing regulations on cryptocurrency exchangers. The faling prices was further aggravated by numerous FUD that scattered in the internet. The market have been sensitive to every news that comes from any online sources and readily affect its price movements. I think some degree of regulations are also needed as a protection from any illegal use of cryptocurrencies.
member
Activity: 420
Merit: 10
The regulations from a certain country could affect bitcoin's price when the volume of its bitcoins is high. So, the regulation occurs in the USA had a great effect on the price of bitcoin. I think some countries also regulate it until the bitcoin's price goes lower than $10k.

Regulation in the USA makes the price of Bitcoin increase because now a days most of the governments are not showing interest towards Bitcoin because of Banks. Once they start legalizing and regulating make many people start investing in Bitcoin.
member
Activity: 406
Merit: 19
I consider myself as newbie to crypto currency, i observed that if there is news regarding regulation of Bitcoin the price fallback will follow. 

Government regulation, FUD and positive news all three give its own color on bitcoin value. It reflects that most bitcoin users are lay people (easily instigated by negative news).
member
Activity: 210
Merit: 10
All depend on where the regulation attempt is going to happen if it is in the big or rich county then it'll impact a lot.
hero member
Activity: 2730
Merit: 585
Leading Crypto Sports Betting & Casino Platform
Regulations are a good thing people consider it bad for bitcoin but in today's world many government are against bitcoin and many have even banned it. With regulations being set it ensures safety of new investors , ensures that investors don't have to worry about a ban and panic sell
Check what japan did , it helped bitcoin a lot
I agree with you. Most people always tend to misunderstand regulation as bitcoin or cryptocurrency space ending up being centralized. Unless bitcoin's protocol is changed, or that of any decentralized digital currency, this is something that cannot happen.

The government's regulating power will be on the exchanges and that is where the KYC, capital gain tax when converting to fiat all comes in. Regulation however, should create more awareness as the government is benefitting and the give room for growth.
full member
Activity: 504
Merit: 106
It falls in response to regulation news in the short term, but in the long term we will need regulation if it's ever going to truly gain mass appeal and be the kind of thing that people can invest in their 401k's.
It seems though like people's reaction is beginning to change towards regulation at least just for the community and cryptocurrency space to move forward. Really, let's face it, if it does not end up this way, government all over the world will keep dropping their negative feelings and serious clamp on the space until they make sure they get rid of the market, but with regulation since it balls down to exchange as well as crypto to fiat conversion anyway, things would make sense for the long term holders.
legendary
Activity: 1666
Merit: 1001
Yes it is going affect Bitcoin alot, regulation by the government can attract more people to invest and also can make investors go away, some of the reason investors put their money in crypto because they want to hide their money, and with the regulation they will be forced to fill in the identity documents, but with regulation we will have more positive impact, people will know about Bitcoin and people now can invest in Bitcoin without afraid Bitcoin going to be banned
legendary
Activity: 1442
Merit: 1025
I've never been paying that much attention to price before, during and after the possible crypto ban, but surely if some country was to ban crypto, people in that country would go panic selling and probably dump all of their coins from fear. That could probably have some effect on the price but it also depends what country it is, how many btc holders it has.
Crypto ban now would even be the last thing used by any government as it would have no effect on the market. I see this as just a plain manipulated market and sometimes it sucks, but really, I do not expect anything less. Some have the power and resources which ends up placing them in a position to drop the prices when they deem it fit and then some panic as a result of that and end up giving them all their little money.

Every market always reacts to news so it is natural. The media one way or the other has always had impact on the market and most times I always have this huge feelings they are being paid by whales to do so, I may be wrong but if you look at all trends, they seem to happen a lot.

When market is having a FOMO rally, negative news comes in once you see a huge volume leave the market which obviously are from the whales, and then the market drops, until it could drop no more, and then a huge buy volume kicks in and we are at it again with good news from the media.
hero member
Activity: 658
Merit: 505
I think that depends on the country the regulation is coming so how much influnece on bitcoin market this county has and what type of regulation we are speaking.
Generaly I think regulation can influence bitcoin price in positive way if it's done by experts and on fair basis.Maybe we all fear too much of the regulation thinking this will affect bitcoin in negative way but I think just the opposite.
jr. member
Activity: 196
Merit: 1
I consider myself as newbie to crypto currency, i observed that if there is news regarding regulation of Bitcoin the price fallback will follow.

Markets are quite sensitive to government news.

Reason is that there is a whole lot of people who don't actually know how bitcoin works. When they see that certain regulations are being placed on bitcoin, they panic and this essentially triggers even further dump offs, because others panic too.

In reality though, if you're a bitcoin holder, these government regulations are probably not going to affect you.

Bitcoin can exist with or without government support, and it can be traded anywhere, p2p. Its function does not decrease as government regulation increases.

Maybe those who dumped are small time traders who don't appreciate the beauty of decentralized and anonymity of the technology. As i found out now, even in our country if pursued a bank will try the blockchain technology. It would be history i guess. Likewise, the Central Bank would like to regulate the exchanges because it might be the source of money laundering, drug transactions and for terrorism funding (hearsay as of the moment).
hero member
Activity: 1526
Merit: 596
I consider myself as newbie to crypto currency, i observed that if there is news regarding regulation of Bitcoin the price fallback will follow.

Markets are quite sensitive to government news.

Reason is that there is a whole lot of people who don't actually know how bitcoin works. When they see that certain regulations are being placed on bitcoin, they panic and this essentially triggers even further dump offs, because others panic too.

In reality though, if you're a bitcoin holder, these government regulations are probably not going to affect you.

Bitcoin can exist with or without government support, and it can be traded anywhere, p2p. Its function does not decrease as government regulation increases.
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