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Topic: How do you feel about market regulation? - page 2. (Read 3055 times)

member
Activity: 952
Merit: 41
February 03, 2019, 03:30:13 PM
Despite the fact that the bitcoin network can fend for it self due to it decentralized nature the fact still still remains that it still need some form of regulations in other to give it the legal identity it deserve and secondly to prevent people being scam without ant trace but once it regulated the identity of users can easily be verified and scam being prevented.
sr. member
Activity: 854
Merit: 251
February 03, 2019, 02:48:37 PM
Never ever. And impossible. Period.
 Thank you Smiley.
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 well
full member
Activity: 658
Merit: 102
February 03, 2019, 06:11:59 AM
No matter how the government tries to regulate cryptocurrency, they will not succeed. The blockchain system itself will not allow this. Of course, they can try all sorts of laws, but this will only help to establish a cryptocurrency.

I agree with your opinion because no one is in control of any blockchain-based cryptocurrencies. Imposing a regulation to any decentralized virtual currency is not possible but the government might turn to many cryptoexchanges to control or limit the flow of transactions. Majority of the exchanges are centralized so it is easy for them to impose a regulation. I'm not against regulation as long as its aim is to protect the crypto users from scams and other illegal use of cryptocutmrrencies.
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
February 03, 2019, 02:42:20 AM
Regulation in my opinion is important to be able to make users feel safe when indeed the market already has permission from a legality in a country. and also the state apparatus should also be able to pay more attention to the current market
sr. member
Activity: 1036
Merit: 281
February 03, 2019, 01:34:51 AM
Government are creating laws and regulations about cryptocurrencies because they only doing their job to protect their citizens. In my country, the cryptocurrencies are now legalized to use but our government always reminding us to always be careful due to high risks and also due to scammers and hackers.
member
Activity: 644
Merit: 10
COVIR.IO
February 02, 2019, 09:55:58 PM
It would be better if bitcoin doesn't get regulated.But no government would be ready to allow it to continue without regulation.But we should also not forget that Japan government's regulation has made it widely accepted in Japan.

Like or not, regulation need for bitcoin. With regulation, many benefits bitcoin could reach. For example, bitcoin can trade legally in local exchanger and can use as currency in merchant. With regulation from government, investor must be more confident
full member
Activity: 1008
Merit: 101
February 02, 2019, 07:30:54 PM
Actually a regulation is a must for every country. so regulation can make people feel comfortable. more market now is very risky against hacking. and in my opinion this is something that must be considered in every country regarding the development of bitcoin
For me this is going to be so terrible because it will make validity for each investor so limited instead of making developments governments will alter the value of price and availability apart from it government will implement tax on bitcoin, for me it is not good and not possible as well because bitcoin is a decentralized and independent investment.
hero member
Activity: 1470
Merit: 504
February 02, 2019, 08:31:55 AM
Actually a regulation is a must for every country. so regulation can make people feel comfortable. more market now is very risky against hacking. and in my opinion this is something that must be considered in every country regarding the development of bitcoin
member
Activity: 798
Merit: 10
February 02, 2019, 03:33:57 AM
No matter how the government tries to regulate cryptocurrency, they will not succeed. The blockchain system itself will not allow this. Of course, they can try all sorts of laws, but this will only help to establish a cryptocurrency.

Government can regulate bitcoin if traded in local exchanger. Blockchain is technology and i think government can adopting or regulating this. Bitcoin is decentralized cryptocurrency and if government want to regulate, government can trade it as commodity
legendary
Activity: 3052
Merit: 1273
February 01, 2019, 06:57:35 PM
It's 100% assured and guaranteed that if Bitcoin and crypto space gets regulated, then we, as a citizen of our country, need to abide by the rules that will come into effect after governments prepare a framework about the same. Definitely it's one of the worst cases as this is the only thing that sets us free from all the limitations we're already living under, and transacting freely without the involvement of a third party gives me a higher privilege to experience how a bank works - by being my own bank myself. It's us - the people, who thinks that after crypto space gets regulated then everything will be done with more ease but we're not aware that it's just their (Govs') converged strategy to get a hold back on us and involve Centralization in crypto too. Do you think centralization is good for crypto? If regulations are involved to such extent that we are allowed to continue trading and sending/receiving our coins without much hassle (which won't happen at all), I see it to be the worst use case to be attached to cryptocurrencies.

I'd also like to draw your attention towards similar topic I created, and we had a great debate over this - https://bitcointalksearch.org/topic/m.49010056
legendary
Activity: 3248
Merit: 1179
February 01, 2019, 04:15:59 PM
People should ask themselves one simple question, what you want? Decentralized system, open source, or you wish centralization? What kind of market regulations you seek? Bitcoin is regulated, most of crypto is regulated by algorithms, do you seek approval from your banks and governments? Crypto gives us some kind of freedom and we need to use this in our own advantage, skip regulations from your governments and banks and join this beautiful movement, spread word about crypto, it`s the only way we can win this game!
full member
Activity: 602
Merit: 100
February 01, 2019, 04:13:38 PM
If we talked about regulation, there would be some consequences of this. The first question would be who is going to be authority? This authority makes decisions from which perspective. How much might this authority harm decentarlization?
You are right. There are too many questions regarding the regulation of the cryptocurrency market and no one knows when they will be decided and who will answer all the questions. But I believe that in the possible regulation of the market, there are advantages and disadvantages, so I adhere to a neutral point of view and prefer to follow the further development of events.
hero member
Activity: 896
Merit: 630
February 01, 2019, 03:55:03 PM
If we talked about regulation, there would be some consequences of this. The first question would be who is going to be authority? This authority makes decisions from which perspective. How much might this authority harm decentarlization?
sr. member
Activity: 1372
Merit: 275
February 01, 2019, 01:44:10 PM
Never ever. And impossible. Period.
 Thank you Smiley.
no crypto currency development can know so does the crypto market if all countries legalize and recognize crypto currencies as legitimate and legal currencies of course the government will issue regulations and the impact is of course taxes will also be issued if indeed for the best I don't think that become a problem
sr. member
Activity: 1344
Merit: 311
SecureShift.io | Crypto-Exchange
February 01, 2019, 12:12:58 PM
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.
if indeed the regulation from the government can make the crypto currency to develop, I think it is fine, of course, with the regulation of the government, it will issue taxes and with that the security and comfort in the investment is guaranteed that I feel good
hero member
Activity: 994
Merit: 502
February 01, 2019, 11:14:22 AM
I feel not really sure how much is the government can help the user when their regulations is limiting the spending amount of us. And I personally don't like it most of the time I really want to spend my investments to make a new investment to get a better profit that's why it is hard to the user like me to adopt that kind of regulations.
I think crypto trading must have regulations, because it will make crypto players calm and comfortable because there is legal protection.
You can imagine when a trade is without regulation, like in a jungle where strong ones will suppress the weak. Those with large capitals can arrange to be profitable.
in my mind, if there is a regulatory policy from the government, it will increase the confidence of traders or investors, so that it will increase the demand for bitcoin which impacts to increase the price
That's true, a regulated usage of bitcoin will surely let more common people get into the cryptocurrency use. Because, there are more and more people were staying away from the cryptocurrency network fearing the regulation. Same time regulations will make the market grow similar to an centralized asset.
full member
Activity: 1246
Merit: 102
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
February 01, 2019, 10:44:57 AM
I feel not really sure how much is the government can help the user when their regulations is limiting the spending amount of us. And I personally don't like it most of the time I really want to spend my investments to make a new investment to get a better profit that's why it is hard to the user like me to adopt that kind of regulations.
I think crypto trading must have regulations, because it will make crypto players calm and comfortable because there is legal protection.
You can imagine when a trade is without regulation, like in a jungle where strong ones will suppress the weak. Those with large capitals can arrange to be profitable.
in my mind, if there is a regulatory policy from the government, it will increase the confidence of traders or investors, so that it will increase the demand for bitcoin which impacts to increase the price
newbie
Activity: 31
Merit: 0
February 01, 2019, 09:33:59 AM
No matter how the government tries to regulate cryptocurrency, they will not succeed. The blockchain system itself will not allow this. Of course, they can try all sorts of laws, but this will only help to establish a cryptocurrency.
member
Activity: 349
Merit: 10
February 01, 2019, 09:23:45 AM
I feel not really sure how much is the government can help the user when their regulations is limiting the spending amount of us. And I personally don't like it most of the time I really want to spend my investments to make a new investment to get a better profit that's why it is hard to the user like me to adopt that kind of regulations.
I think crypto trading must have regulations, because it will make crypto players calm and comfortable because there is legal protection.
You can imagine when a trade is without regulation, like in a jungle where strong ones will suppress the weak. Those with large capitals can arrange to be profitable.
member
Activity: 445
Merit: 71
February 01, 2019, 08:43:10 AM
I feel not really sure how much is the government can help the user when their regulations is limiting the spending amount of us. And I personally don't like it most of the time I really want to spend my investments to make a new investment to get a better profit that's why it is hard to the user like me to adopt that kind of regulations.
I agree with you, we can hardly accept and comply with government regulations for the crypto market because the government seems too superficial in this event, even as you say, their repulations create too many restrictions and troubles for us, instead of benefits, they seem to just want to collect taxes from us, they do not have a trust or a guarantee for users when users implement market regulations. The government will need to improve the benefits then create a market with regulations that are not too strict if they want people to agree and accept control from them

That's right! And I'd like to add that governments have to regulate it not only inside the country but also globally, which is more difficult to do Cool
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