Topic: How do you feel about market regulation? - page 11. (Read 3055 times)
Yes, I think bitcoin and blockchain technology should be regulated in other to bring sanity into the market. A lot of scamming activities are on going and we are to support governments and regulations authorities to put eye on those evils people that want to scam people using this wonderful technology.
Anyway, it would be appropriate to have several non-profit organizations to be so-called market-regulators. It may increase the trust for newcomers, I guess.
Yes it is but it prolongs the process and process makes waiting time longer and Ihink its kind of bad thing since we chase the better state of price and if they will hold the distributions and make regulations very strict About the payments and transactions, I dont really agree with kyc due to the fact that not everyone has the legit papers like passport and license especially for those less fortunate who tries their luck here, it's kinda unfair to me since I am just a student .
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
I understand what you are saying but I think regulation is a necessary evil. Bitcoin can't be used as a currency if it's not regulated. It's not like we will just start rejecting governments in our society. We are built that way, and we need government approval. Of course they are not dictators, and they can't just do what they please, so we will have a word to say on how regulation is done.
Basically I believe that a middle term needs to be encountered for BTC to work. I don't think bitcoin will impose itself in our lives, it will be regulated so that all parties are satisfied and able to use it with all it's potential, and without any harm. There are also some trust issues regarding BTC, and regulation could just solve that, resulting in more adoption. If regulation is done right, I think it's a good thing.
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
I think the bitcoin economy is badly needed, because with the bitcoin of the world economy is strongly influenced. The Influence of Bitcoin In The World Economy
the increasing globalization of the world economy is accompanied by rapid digital technology, the public need for speed, ease and security of financial transactions is increasing. So required payment system that is reliable and easy. One of its bitcoin this
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
I believe that the regulation that will be done is to avoid the usage of cryptocurrencies to illegal activities like tax evasion and money laundering. I think that they will preserved what bitcoin is which is a free market and if they do something about it, I will strongly disagree to the regulation.
Yes, I believe that the crypto-currency market should be regulated. But not by governments of individual countries, but by the members of the crypto community themselves. It is those people who are really versed in Bitcoin and other crypto-currencies, are able to make decisions to provide better conditions for themselves. Governments pursue other goals. While those people who directly deal with crypto-currencies know what will be better for participants in the crypto-currency community.
Seriously ? That is pretty funny because how really do you think that would end up being pulled off making our own policies without the government having a say and where is the central authority going to be coming from ? That is very unrealistic and something that obviously cannot happen.It is a decentralized space and if there would ever be any regulation, it would end up coming from the government of each country, but that does not change the decentralization aspect of any cryptocurrency and the activities are the only things being monitored.
I feel very bad about it but I hope the government has no intention of entering the crypto market or implementing any kind of regulations.
If I was you I would start getting used to more regulations, because we'll be seeing loads of them make it to crypto land in the coming years. It's a necessary process allowing Bitcoin to become that asset people want it to become. Everyone talks about how they want professional traders and banks to enter this space, but that requires regulations. Bitcoin has grown too large to not become a heavily regulated market as a whole. It's no longer mainly a niche, and I'm happy that it made this step forward. People are hypocrites mostly. They want Bitcoin to keep growing, but don't want it to become regulated. It's an impossible combination with how governments aren't keen on losing control.
It all depends on who is regulating the market and with what purposes it is done. in many countries now, for various reasons, governments limit the development of crypto. Perhaps they will find a way to integrate crypto not to the detriment of their interests, but it is not known how this will affect the market.
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
Market regulations today is just fine because most of the people are still investing a huge amount or using markets to hold their coins, it only means that the security is still improving.
You can regulate the circulation of bitcoin inside the country and the procedure for its exchange and use on exchanges, exchangers, banks, etc. You can regulate the procedure for its taxation, ICO. This is entirely permissible. However, one should not allow states to try to regulate the basic principles of the existence of bitcoin - decentralization, relative anonymity, confidentiality and some other of its technical characteristics.
It sounds terrible man. Market regulations are not good for they will limit the services Bitcoin offers. Government would be able to alter the prices or the supply of the coins and might even implement tax on earnings that comes through Bitcoin. Having said that, I feel very bad about it but I hope the government has no intention of entering the crypto market or implementing any kind of regulations. 
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
Market regulations today is just fine because most of the people are still investing a huge amount or using markets to hold their coins, it only means that the security is still improving.
I feel quite easy, because I still have my regular job, and even if market will go down on and die completely, I will survive 
It seems that only government could benefit if this thing could really happen.
Man, these super old threads are fun to read today with all the benefit of hindsight and knowing how things have developed over the past 7 years since the OP. All these people saying Bitcoin regulation is bad and impossible sure turned out to be wrong. We know it's not only possible but definitely coming and for the better. There's one post on the first page about not caring what regulations get put on Mt. Gox, and boy does that seem stupid now. Regulations on Mt. Gox would have required much more stringent accounting practices and regulatory controls and would have likely prevented the loss of all those Bitcoins. The fact of the matter was that the exchange was set up by people who had no business running an exchange and nobody knew any better exactly because it wasn't regulated. Exchanges now actively seek to be regulated because that's how customers know they can trust there's oversight and will be responsibility if anything goes wrong, and people ought not to trust any exchange that seeks to avoid being regulated.
the market regulation in this case about bitcoin should be very simple, in my opinion, bitcoin was originally designed to simplify complicated systems made simple, and for my bitcoin regulation also less agree on this matter, the more restricted and regulated it will even cause new problems that I think increasingly make ourselves less comfortable, here is my opinion about this
You can regulate the circulation of bitcoin inside the country and the procedure for its exchange and use on exchanges, exchangers, banks, etc. You can regulate the procedure for its taxation, ICO. This is entirely permissible. However, one should not allow states to try to regulate the basic principles of the existence of bitcoin - decentralization, relative anonymity, confidentiality and some other of its technical characteristics.
personally think that regulations over the exchanges would be a positive thing as it would give Bitcoin a more respectable appearance from the point of view of a lot of people. And once Bitcoin goes big politicians will have a hard time taking it down. Also, its not like we have a choice: when the government comes down to regulate the exchanges, what are they going to say? No thanks, we want to remain unregulated... I can almost hear the laughter of the regulators. So, as it is going to happen anyways, at least trying to work how it is done.
I don't think it's necessary to be afraid of regulation, the government can't get strict control, and it's impossible to control bitcoins severely because the digital currency is circulating all over the world. I think it is good for the government departments to formulate some related specifications of bitcoin.
It is normal so I don't bother to be worried all the the time that price is going down, I am just checking the price so I'll know if I am going to withdraw or not, so for me it is up to us how we are going to treat market, but if we will let the downtrend panic us I don't think we can will all the time.
I don't think it's necessary to be afraid of regulation, the government can't get strict control, and it's impossible to control bitcoins severely because the digital currency is circulating all over the world. I think it is good for the government departments to formulate some related specifications of bitcoin.
Well, if we call it the blockchain based technology which relies on the principle of decentralization then it should be free from any type of control of the third parties. Practically, there is no way to control or regulate it but if legalized then we can bring it into the flow of regular financial channels making it more accessible for everyone and ultimately resulting in the optimization of the global economy. So I am against regulation but I support legalization of Bitcoin and other cryptocurrencies out there.
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