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Topic: How do you feel about market regulation? - page 13. (Read 3097 times)

member
Activity: 644
Merit: 10
COVIR.IO
This is just my thought, cryptocurrency market cap already reach more than 300billions dolar and its involving big money and involving many people in various country, regulation on cryptomarket is a must because it will at less to protect peoples money from being fraud
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
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.
It is a good thought to self regulate the entire market, but it is not that easy with this market as it does not have any boarders but countries could regulate the market according to their jurisdiction, moving forward regulation is inevitable but i personally do not like these regulations but i would like to see the ICO market regulated so that there will be no more scams.
full member
Activity: 448
Merit: 232
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.
newbie
Activity: 99
Merit: 0
Regulations will be on the part fiat/crypto exchange, i'm afraid all countries will try to control it. But crupto exchange and transactions - it is impossible to regulate it.
sr. member
Activity: 413
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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

I think the way how crypto system works right now is just fine. However, I think as cryptocurrency is gaining government's attention, it will be slowly regulated but I think in a good way. The government will most likely should regulate ICOs as we all know that there are a lot of ICOs that are scamming investors. If ICOs will have some legal requirement before the ICO stage, I think the chance of getting scammed in ICO investment will be less likely to happen.
sr. member
Activity: 448
Merit: 250
I am absolutely delighted that the market regulation agree with the legality of using and owning electronic money; the transparency and effectiveness of public administration through the use of blockchain , and recognizes the independence of the role of a nation that we would like to have in this creative industry.
I do not see any transparency coming from the government simply because of this technology, i like the free market concept but it is not possible since there are many frauds who will try to take advantage of the situation and because of that regulation is a necessary thing so that bad players wont enter the market, if the governments around the world accept the blockchain technology and make a transparent governance it would be revolutionary.
newbie
Activity: 109
Merit: 0
I am absolutely delighted that the market regulation agree with the legality of using and owning electronic money; the transparency and effectiveness of public administration through the use of blockchain , and recognizes the independence of the role of a nation that we would like to have in this creative industry.
member
Activity: 282
Merit: 11
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
Never ever. And impossible. Period.
 Thank you Smiley.
I think they used to improve their regulation in the market so that we are consistent in terms of buying and selling acrypto coins.They make this also as their plan so that the market will keep in strong forever.
full member
Activity: 1050
Merit: 100
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
In technical aspects bitcoin cant really be controlled out but when it comes to the services that involves bitcoin can really be controlled or regulated which means it is still being under the government regulation.There might be some hidden transactions can be done outside those services which is still good.I do see that regulation do have positive and negative effects into bitcoin market.We dont like regulation but talking about it between banning then i would choose regulation instead.
but with regulation and listing into the commodity market, i think more investors will join because they can feel secure with the legal protection from the government. so it will have a nice effect on the bitcoin price.
hero member
Activity: 1890
Merit: 831
I think the intervention of government will certainly be disliked by the users. The main USP of bitcoin is that it is decentralised. And now getting am authority, that too the government itself would be a set back for bitcoin.
The intrusion from government wouldnt be taken with good spirit I think.

We already have fiat money and bank for that purpose. The difference and the distinction that bitcoin have over fiat would juts be eliminated. It will turn into the online version of paper money, thats it.
It would be best kept decentralised. The algorithm and the whole anti-inflationary system is capable enough to handle itself.
hero member
Activity: 2688
Merit: 540
DGbet.fun - Crypto Sportsbook
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
In technical aspects bitcoin cant really be controlled out but when it comes to the services that involves bitcoin can really be controlled or regulated which means it is still being under the government regulation.There might be some hidden transactions can be done outside those services which is still good.I do see that regulation do have positive and negative effects into bitcoin market.We dont like regulation but talking about it between banning then i would choose regulation instead.
legendary
Activity: 1232
Merit: 1091
I think it's a double-edged sword. On one hand, governmental regulation is a bad thing because it interferes in the free market. On the other hand, official acceptance and clear rules of the game can attract big investors who are currently apprehensive about investing in crypto and consequently the whole sphere would be able to expand.

There will always be a free market, regulations won't and can't mess with that on a decentralized level. I quite often read how people don't like regulations, but want institutions to inflate this market to the moon, which makes them nothing more than hypocrites. This market needs to mature properly, where especially the exchanges need to go through a massive makeover in order to attract professional parties. I am waiting for the day where current exchanges are no longer private parties, but part of the portfolio of financial institutions just like how Poloniex has been acquired recently, where Goldman Sachs and JPMorgan are the main figures letting their reputation speak for themselves. And yes, JPMorgan isn't exactly the main favorite here after Jamie Dimon spoke out negatively, but people should know that it was just a manipulation attempt, that semi worked.
newbie
Activity: 224
Merit: 0
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

Well, I don't think it would be beneficial for the investor if regulation will to happen. In fact the theme for a decentralized market will probably change and it is not the essence of BTC that we are longing for. Regulation will only benefit the government side which will complicate more problem inside the market.
sr. member
Activity: 462
Merit: 515
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?

There is no simple answer if you are looking for it. Without regulation there will be an incessant flow of scams, it is kind of given. They will be there anyway, with or without government regulation, but their sheer numbers will go down. On the other hand, attempts to regulate something which strongly defies any regulation by its very nature may lead to outright bans because there might not be a middle ground. It will be either massively restricted and completely unrestricted, that is unregulated.

I think it's a double-edged sword. On one hand, governmental regulation is a bad thing because it interferes in the free market. On the other hand, official acceptance and clear rules of the game can attract big investors who are currently apprehensive about investing in crypto and consequently the whole sphere would be able to expand.

Agree with this point.
sr. member
Activity: 532
Merit: 253
I think it's a double-edged sword. On one hand, governmental regulation is a bad thing because it interferes in the free market. On the other hand, official acceptance and clear rules of the game can attract big investors who are currently apprehensive about investing in crypto and consequently the whole sphere would be able to expand.
sr. member
Activity: 406
Merit: 256
I have a negative attitude towards state regulation. This can significantly reduce the number of users of cryptocurrencies and ICO. I dream of a time when bitcoin will really be decentralized and anonymous. Perhaps he will get the properties of the currency and then we will be able to abandon Fiat. It's gonna be a party for me.
sr. member
Activity: 812
Merit: 250
Regulation can effectively protect the interests of investment!

Because some ico projects are fraudulent, regulation can make them impossible!

Investors can better invest and make better use of better investment!
As the State of China is currently doing it, they are doing it to protect investors in response to the rampant ICO fraud.
As long as the goal is good, why not.
member
Activity: 392
Merit: 10
Regulation can effectively protect the interests of investment!

Because some ico projects are fraudulent, regulation can make them impossible!

Investors can better invest and make better use of better investment!
member
Activity: 238
Merit: 10
Crypto was made like anti-real money
All real money regulated
And now, the market just need regulation of scam, not all this field
Yes, when they say regulate bitcoin, i think they mean that they want to regulate the cryptocurrency exchanges. If they will implement this regulation on exchanges i think if would benefit the users because this could mean that scam and fraud in the exchanges will be prevented.
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
If governments around the world ever try to over regulate Bitcoin, they are going to end up contributing to tax avoidance and a market of grey market around it. Overall, the governments could lose out more by preventing the creation of legitimate businesses around bitcoin. In the end, it would be a loss. So regulators are thankfully careful with how they treat Bitcoin.
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