Topic: How do you feel about market regulation? (Read 3094 times)
This is a decentralized ecosystem and the market ought to be regulated not by any external body but by itself. However, this has not taken effect. Considering the continuous instability, volatility, manipulation, and for the sake of mass adoption, I think this market needs regulation now than ever.
This seems to be an important thing that indeed must be able to be done by every country to be able to do a rule for everyone who wants to do an exchange development because we know that there are so many exchanges and many still have problems. with the permission or regulation I think it will make the user himself feel safe
Having a regulations in this kind of currency will surely limit those investors who are spending to much in outside the market. And I think it is a good intentions but still have a bad effects to the investors because they can't manage their regular things that they do when regulations haven't been started before that's why it still not really good.
Regulations from the government will make Bitcoin legal and once this is achieved, Bitcoin can freely and largely function as a currency where it can be used to purchase goods and services on daily basis because many stores, businesses, companies etc will integrate it into their payment systems.
Bitcoin is legal, and you can pay with cryptocurrency in many shops, bars, restaurants and a lot of internet services. The only problem that we can met in many places is tax that you have to pay for trading. Regulations are not clear and that's the biggest problem in my opinion.
bitcoin appears to solve payment problems in the world,
bitcoin appears by giving us the convenience of transacting and so that we don't use banks,
if regulations are made, then it is possible that bitcoin will lose its existence why bitcoin is created,
if indeed regulation must exist, I only hope that the regulation only regulates bitcoin to be legalized as an independent payment instrument and not regulated by third parties, including banks.
bitcoin appears by giving us the convenience of transacting and so that we don't use banks,
if regulations are made, then it is possible that bitcoin will lose its existence why bitcoin is created,
if indeed regulation must exist, I only hope that the regulation only regulates bitcoin to be legalized as an independent payment instrument and not regulated by third parties, including banks.
Regulations from the government will make Bitcoin legal and once this is achieved, Bitcoin can freely and largely function as a currency where it can be used to purchase goods and services on daily basis because many stores, businesses, companies etc will integrate it into their payment systems.
Bitcoin is legal, and you can pay with cryptocurrency in many shops, bars, restaurants and a lot of internet services. The only problem that we can met in many places is tax that you have to pay for trading. Regulations are not clear and that's the biggest problem in my opinion.
In my opinion regulation can help to strengthen the good community under control. No regulation can easily make this forum full of garbage and almost of the ICOs could be scam. Given the fact that in every regulation implementation there is an adjustment time to practice such change for the better place.
Regulations from the government will make Bitcoin legal and once this is achieved, Bitcoin can freely and largely function as a currency where it can be used to purchase goods and services on daily basis because many stores, businesses, companies etc will integrate it into their payment systems.
For me I think there's nothing wrong to put a regulation in bitcoin because all will benefited on it. Government wants to protect their peopke because we all know that decentralized is risky for every investor and bitcoin needs to a regulation so many merchants can use it legally...
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There's been a lot of talk about submitting the Bitcoin economy to governmental regulation and, frankly, it scares the hell out of me. One of the reasons I'm so excited about Bitcoin is because it presents the same promise of a fully free market that cash does without all the problems surrounding a fiat currency.
Personally, I am strongly against Bitcoin regulation. I believe the market is completely capable of caring for itself and regulation would simply expand government intrusion into people lives. I can see no benefit and a lot of detriment.
What do you think? Do you think the Bitcoin economy should be regulated? If so, to what extent?
Rage
Personally, I am strongly against Bitcoin regulation. I believe the market is completely capable of caring for itself and regulation would simply expand government intrusion into people lives. I can see no benefit and a lot of detriment.
What do you think? Do you think the Bitcoin economy should be regulated? If so, to what extent?
Rage
Sadly, the governmental regulation doesn't come in order to protect this decentralized ecosystem that bitcoin is the "father" of it. It is created in order to control this system and this is something that I hate of happening. This decentralized should not be regulated because it will lose its identity. I think that many of us have come to this economy to reap the benefits of decentralization and not just make another bubble economy such as the one that banks promote.
There's been a lot of talk about submitting the Bitcoin economy to governmental regulation and, frankly, it scares the hell out of me. One of the reasons I'm so excited about Bitcoin is because it presents the same promise of a fully free market that cash does without all the problems surrounding a fiat currency.
Personally, I am strongly against Bitcoin regulation. I believe the market is completely capable of caring for itself and regulation would simply expand government intrusion into people lives. I can see no benefit and a lot of detriment.
What do you think? Do you think the Bitcoin economy should be regulated? If so, to what extent?
Rage
Personally, I am strongly against Bitcoin regulation. I believe the market is completely capable of caring for itself and regulation would simply expand government intrusion into people lives. I can see no benefit and a lot of detriment.
What do you think? Do you think the Bitcoin economy should be regulated? If so, to what extent?
Rage
As of this date, there are regulated cryptocurrencies that is held by some wallets. So I would say that regulating cryptocurrency can be done by the government and we should accept it since it is for the good on cashless adoptation in the economy.
There's been a lot of talk about submitting the Bitcoin economy to governmental regulation and, frankly, it scares the hell out of me. One of the reasons I'm so excited about Bitcoin is because it presents the same promise of a fully free market that cash does without all the problems surrounding a fiat currency.
Personally, I am strongly against Bitcoin regulation. I believe the market is completely capable of caring for itself and regulation would simply expand government intrusion into people lives. I can see no benefit and a lot of detriment.
What do you think? Do you think the Bitcoin economy should be regulated? If so, to what extent?
Rage
You have a point mate, but the issue here is, if we would like to see Bitcoin function as a currency which will be used on a daily basis in order to fulfil its goal, then governmental regulation is key. Bitcoin is now largely valued as an investment opportunity because people prefer to hold for some period of time till the price rise by an increase in its demand which is normally caused by an exciting news. The question, how long will this exciting news keep hitting the market? Personally, I am strongly against Bitcoin regulation. I believe the market is completely capable of caring for itself and regulation would simply expand government intrusion into people lives. I can see no benefit and a lot of detriment.
What do you think? Do you think the Bitcoin economy should be regulated? If so, to what extent?
Rage
usually rules are made to make things better, as long as the regulation does not overly restrict and suppress abuse for negative things, I agree, I think for now, it's far better than the government banning and making bitcoin illegal much worse
Correct, banning crypto will make everything we work hard for vanish. They are being fair, we are under the government so we are under their watch, and since they saw that there are a lot of scams in the market, so they act to make this market regulated, however, it's still too early since they haven't fully regulate it yet, and maybe this is new to them since it's a decentralized market.
usually rules are made to make things better, as long as the regulation does not overly restrict and suppress abuse for negative things, I agree, I think for now, it's far better than the government banning and making bitcoin illegal much worse
Market regulation gives users the legal support even if something go negative. In particular if a scam approach or a cheating took place with the name of cryptocurrency it can be taken to further investigation to the government. This takes off unwanted fear of common people who hesitate to get into cryptocurrency usage for these reasons.
How are you going to control the decentralized system? This is contrary to each other. And even if it is possible, then what is the meaning of cryptocurrency at all, if not freedom? 
Market regulation gives users the legal support even if something go negative. In particular if a scam approach or a cheating took place with the name of cryptocurrency it can be taken to further investigation to the government. This takes off unwanted fear of common people who hesitate to get into cryptocurrency usage for these reasons.
Bitcoin regulations is a good idea to help control against scam, market downflux or influx but at that moment I don't think it the best time for such because most governmental bodies are not legalizing cryptocurrency.
Cryptocurrencies and control are two different things. When you ask such questions and suggestions you forget about the essence of cryptocurrency - decentralization.
Bitcoin regulations is a good idea to help control against scam, market downflux or influx but at that moment I don't think it the best time for such because most governmental bodies are not legalizing cryptocurrency.
Never ever. And impossible. Period.
Thank you
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all possibilities can happen and no one can know for sure if with the development of regulation there is a possibility that legality will occur as well and if the regulation makes the development of crypto currencies better it might be acceptable to investors wellThank you
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