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Topic: How regulation affects the crypto price (Read 1233 times)

sr. member
Activity: 1918
Merit: 370
March 02, 2020, 12:23:40 PM
of course if regulations on crypto currencies are set we will head for a better day, scammers must be handled and new projects must go through strict regulations, bearing in mind that many of the new tokens or coins are currently just rubbish
Government will apply their regulation to the current crypto projects and new projects will need to approve before they proceed to it. It will help a lot for those customers that want to secure their investment. It will easier for them to track if someone will scam them. Countries like mine have not specific regulation about bitcoin, I think they're need to study more about cryto before they make a regulation about it. It will gain more attention to the people if they make regulation about crypto because they know that they government will help them to track if they got scam.
But this will be just an added project cost to the project so most likely they will end up pushing higher soft capitalization. Although it will help to secure the investment of the investors there is still a risk with these such as high competition. If we have physical regulation control by the government then all of us will be entitled to start and begin a project. Big countries like USA and China are subjective on this kind of matter. Russia on the other hand started its tokenization process for their investors.
full member
Activity: 1337
Merit: 154
PredX - AI-Powered Prediction Market
of course if regulations on crypto currencies are set we will head for a better day, scammers must be handled and new projects must go through strict regulations, bearing in mind that many of the new tokens or coins are currently just rubbish
Government will apply their regulation to the current crypto projects and new projects will need to approve before they proceed to it. It will help a lot for those customers that want to secure their investment. It will easier for them to track if someone will scam them. Countries like mine have not specific regulation about bitcoin, I think they're need to study more about cryto before they make a regulation about it. It will gain more attention to the people if they make regulation about crypto because they know that they government will help them to track if they got scam.
member
Activity: 476
Merit: 88
Online Cryptocurrency Exchange
We are fortunate that we live in a multipolar world, because if only the United States made a decision of this kind, it would certainly not be reflected in the cryptocurrency market for the better.
However, the US has opponents such as China and it can easily turn the rules of the game fully approving the cryptocurrency, for example.
The United States simply will not have any chance in view of the fact that China will impose its game.
Cant disagree on this one. So regulations actually affect crypto market heavily, but since  its not restricted by us only - we are seeing something like a tug of war between all market regulators.

What is affecting cryptocurrency related legal businesses as well. Eg. may be advertising of services. As main advertising-related companies are based in the US (google, yahoo, facebook) you may not be able to promote your services at all, because they will ask you for a cryptocurrency license even if it is non-existent in your country (or applies to general financial-related services, not specifically to cryptos). If you cannot deliver it - you cannot promote your services locally, but companies from abroad (which may not meet local legal requirements, but have a foreign license not valid locally) can.
newbie
Activity: 32
Merit: 0
We are fortunate that we live in a multipolar world, because if only the United States made a decision of this kind, it would certainly not be reflected in the cryptocurrency market for the better.
However, the US has opponents such as China and it can easily turn the rules of the game fully approving the cryptocurrency, for example.
The United States simply will not have any chance in view of the fact that China will impose its game.
Cant disagree on this one. So regulations actually affect crypto market heavily, but since  its not restricted by us only - we are seeing something like a tug of war between all market regulators.
sr. member
Activity: 1313
Merit: 278
We are fortunate that we live in a multipolar world, because if only the United States made a decision of this kind, it would certainly not be reflected in the cryptocurrency market for the better.
However, the US has opponents such as China and it can easily turn the rules of the game fully approving the cryptocurrency, for example.
The United States simply will not have any chance in view of the fact that China will impose its game.


hero member
Activity: 1722
Merit: 528
February 29, 2020, 12:39:08 AM
of course if regulations on crypto currencies are set we will head for a better day, scammers must be handled and new projects must go through strict regulations, bearing in mind that many of the new tokens or coins are currently just rubbish

Doesn't know if this is true or not but just look at the map of this article.

Most of the countries already legalized Bitcoin but we are still not seeing a pump in the price until now. That just means that despite the regulations or legalizations that are happening unless people; from merchants to users use it, it will not affect the price of Bitcoin or other cryptocurrencies. In terms of those new coins, well, that is inevitable.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
February 28, 2020, 05:22:46 PM
To my opinion regulation could affect cryptocurrency in positive way. It gives certain legal framework and security especialy for businesses and leads to better adoption and confidence.
Unlike some beleive regulation wouldn't endanger Bitcoin decentralization and independency and to my opinion regulation is necessary for further development and growth of cryptocurrencies, it's a precindition for successful implementation into financial system.
copper member
Activity: 546
Merit: 1
February 28, 2020, 01:16:10 PM
I support cryptocurrency regulation due to the rate at which so many unnecessary currency are being introduced into the crypto space which gives most investors having hard time in choosing the best blockchain project to invest in. With regulation I believe the lost confident from investors to the crypto space will be restored back. Yes, blockchain is meant to be a decentralized system but with regulation alongside the decentralization, the crypto space will be a safer place.
full member
Activity: 1638
Merit: 122
February 28, 2020, 12:19:43 PM
the impact  of regulations is pretty bad  , i cant verify it on my own self but based only on what i read online crypto regulations means a government put a strict rule for the users   .

 it feels like the room will become smaller , we cannot now enjoy cryptos the way they were will built to be  . if people feel feel pressured due to regulation   , what can prolly happen is that they will quit on using cryptos and that results for the values to go down
sr. member
Activity: 1568
Merit: 283
February 25, 2020, 04:29:20 PM
You do know that Bitcoin and decentralized cryptocurrencies are not like other assets that the government can easily tamp down with regulations. Bitcoin is different and since it is spread across different nations through ledgers it is hard for the government to regulate it in any way. If it was like other assets they would have try to put control on it to reduce the supply and make it scarce.

For them to be able to control Bitcoin they will all have to join together , though there are still some little ways that their regulation can have impact on Bitcoin, just like banning it, but it wouldn’t much. And it wouldn’t be possible for them to join hands together and control Bitcoin because they all have different opinions on it, some of them are in support of it while others are not.
full member
Activity: 1442
Merit: 153
★Bitvest.io★ Play Plinko or Invest!
February 25, 2020, 10:40:40 AM
of course if regulations on crypto currencies are set we will head for a better day, scammers must be handled and new projects must go through strict regulations, bearing in mind that many of the new tokens or coins are currently just rubbish
It is indeed good if that's gonna happen, but how are we gonna make sure that if regulation happens, the scammers are being caught when they are really good at hiding. Maybe if the government take responsibility and they will make some investigation using their intelligence agency, maybe that can happen. The thing you have said when giving some regulations also on some new projects that are definitely better, they can really make some response when that particular project scams its investors and the bounty hunters.

Well maybe affect because people will not invest so more if they need to pay taxes and most authorities want to put big tax on crypto.
Well, they will not be able to tax bitcoin and crypto currencies that easily. We all know that is decentralized and they will not be able to tax that unless they find another way or take advantage of the exchanges. That is the only way that they can tax bitcoin, another thing that I am seeing is if that a company agreed on paying their employees using bitcoin, in that case, they can just deduct from it but still, I think that is different from taxing it. Also, our country already regulated bitcoin and still, nothing is happening. There might be an improvement but it is so slow.
This is also one of the things they cannot do when they regulate and how does it affect the value, we all know that crypto is decentralized, We could think that they can make some adjustments but in terms of the taxation, I think that is hard to do but can possible to happen.
sr. member
Activity: 1638
Merit: 300
February 16, 2020, 07:57:15 AM
#99
Well maybe affect because people will not invest so more if they need to pay taxes and most authorities want to put big tax on crypto.

Well, they will not be able to tax bitcoin and crypto currencies that easily. We all know that is decentralized and they will not be able to tax that unless they find another way or take advantage of the exchanges. That is the only way that they can tax bitcoin, another thing that I am seeing is if that a company agreed on paying their employees using bitcoin, in that case, they can just deduct from it but still, I think that is different from taxing it. Also, our country already regulated bitcoin and still, nothing is happening. There might be an improvement but it is so slow.
hero member
Activity: 742
Merit: 507
February 16, 2020, 07:43:32 AM
#98
If there will be a regulation for the cryptocurrency, the prices of almost all of the cryptocurrencies will go up high because the people will see it as a good news since the government is acknowledging the value and use of the cryptocurrency. I am wishing this type of scenario for a long time for the major countries and also to the growing countries so they can rise up fast.
People believes too much in government, so if regulation happen they will thought of it as legal and they will feel safer since government backed it's rules, without them knowing that it will also adds too much tax and limits on the now existing crypto performance. But will sure get adoption more.

Bitcoin and cryptocurrencies are the ideal of freedom that we must carry into society.


But do not forget about that time (2016-2017), when, due to the practically lack of market regulation, there were a lot of fraudulent ICOs and other projects. Therefore, freedom is good, but everything should be in moderation, in order to avoid outright fraud.

From the part you are right. But I think that the problem here is not that the market is not regulated, but that people cannot distinguish a healthy project from a sick one.
In addition, the ICO market, at that time, offered great opportunities for making money, which was the key reason why people invested in ICO projects and so often came across scam projects.
If people cared only about the capabilities of the blockchain technology itself, they would not invest in promising huge payouts, not in financial pyramids, but in business businesses.
And yet, I personally think that there should still be some regulation on the part of states, otherwise we will again have the return of the times of the Wild West.
At least, all ICOs must certainly go through various procedures that confirm their integrity and legality.
member
Activity: 515
Merit: 12
February 14, 2020, 02:41:18 PM
#97
Problem stant in the regulation that does nothing to sustain decentralised technology, for example they could offer green certificate for using alternative energy sources. In the end they just make everything to be harder and probably it will be more complicated to launch a new project with all kind of regulations.
full member
Activity: 1750
Merit: 118
February 14, 2020, 05:36:10 AM
#96
If there will be a regulation for the cryptocurrency, the prices of almost all of the cryptocurrencies will go up high because the people will see it as a good news since the government is acknowledging the value and use of the cryptocurrency. I am wishing this type of scenario for a long time for the major countries and also to the growing countries so they can rise up fast.
People believes too much in government, so if regulation happen they will thought of it as legal and they will feel safer since government backed it's rules, without them knowing that it will also adds too much tax and limits on the now existing crypto performance. But will sure get adoption more.

Bitcoin and cryptocurrencies are the ideal of freedom that we must carry into society.


freedom ? then why these guys above wants regulation  ? didnt they know that when crypto is regulated its wolrd will be tighter and not really free anymore ( freedom ) but on the bright side ,this will also attract people and the reason already stated above  . if this attract people then the price will be rising but im still doubting because they said once crypto is regulated its value wil now become stable   ? dunno what to believe now  . sorry im still confused  about this regulation stuff
sr. member
Activity: 1610
Merit: 372
February 13, 2020, 07:15:59 PM
#95
If there will be a regulation for the cryptocurrency, the prices of almost all of the cryptocurrencies will go up high because the people will see it as a good news since the government is acknowledging the value and use of the cryptocurrency. I am wishing this type of scenario for a long time for the major countries and also to the growing countries so they can rise up fast.
People believes too much in government, so if regulation happen they will thought of it as legal and they will feel safer since government backed it's rules, without them knowing that it will also adds too much tax and limits on the now existing crypto performance. But will sure get adoption more.

Bitcoin and cryptocurrencies are the ideal of freedom that we must carry into society.


But do not forget about that time (2016-2017), when, due to the practically lack of market regulation, there were a lot of fraudulent ICOs and other projects. Therefore, freedom is good, but everything should be in moderation, in order to avoid outright fraud.

From the part you are right. But I think that the problem here is not that the market is not regulated, but that people cannot distinguish a healthy project from a sick one.
In addition, the ICO market, at that time, offered great opportunities for making money, which was the key reason why people invested in ICO projects and so often came across scam projects.
If people cared only about the capabilities of the blockchain technology itself, they would not invest in promising huge payouts, not in financial pyramids, but in business businesses.
hero member
Activity: 742
Merit: 507
February 11, 2020, 07:34:29 PM
#94
If there will be a regulation for the cryptocurrency, the prices of almost all of the cryptocurrencies will go up high because the people will see it as a good news since the government is acknowledging the value and use of the cryptocurrency. I am wishing this type of scenario for a long time for the major countries and also to the growing countries so they can rise up fast.
People believes too much in government, so if regulation happen they will thought of it as legal and they will feel safer since government backed it's rules, without them knowing that it will also adds too much tax and limits on the now existing crypto performance. But will sure get adoption more.

Bitcoin and cryptocurrencies are the ideal of freedom that we must carry into society.


But do not forget about that time (2016-2017), when, due to the practically lack of market regulation, there were a lot of fraudulent ICOs and other projects. Therefore, freedom is good, but everything should be in moderation, in order to avoid outright fraud.
sr. member
Activity: 1512
Merit: 292
www.cd3d.app
February 11, 2020, 07:19:59 PM
#93
If there will be a regulation for the cryptocurrency, the prices of almost all of the cryptocurrencies will go up high because the people will see it as a good news since the government is acknowledging the value and use of the cryptocurrency. I am wishing this type of scenario for a long time for the major countries and also to the growing countries so they can rise up fast.
People believes too much in government, so if regulation happen they will thought of it as legal and they will feel safer since government backed it's rules, without them knowing that it will also adds too much tax and limits on the now existing crypto performance. But will sure get adoption more.

Belief in the idea of the state and trust in the state itself are two different things.
The state represents society and people must believe in society and therefore obey its laws so that society does not break up.

Otherwise, without the law, we will be subject to too much influence of our animal brain and our animal instincts, which will lead to the disintegration of mankind into small groups and its degradation.
But for the state and politicians I would not, after all, first of all, they pursue personal benefits under the guise of high ideals.

Bitcoin and cryptocurrencies are the ideal of freedom that we must carry into society.
sr. member
Activity: 952
Merit: 274
February 11, 2020, 12:12:29 PM
#92
There are affecting the cryptos price and they don't, it all depends how you see the situations as for some countries they have nothing against Bitcoin or cryptos but in some they want to control it so they looking for a way to regulate Bitcoin after some certain rules...look at China as example. I think in the near future Bitcoin somehow will be regulated and be more centralized but until then we have plenty of time to buy and hold and don't let this news affect your holdings.
Fundamentals and sentiments have effect in the cryptocurrency market, the legalization and regulation of a country can become a catalyst in which can boost the price of the bitcoin. The regulation can affect the price because people will become curious if their government legalize it in their country, bitcoin became popular in my country when the senate created regulations about it.
legendary
Activity: 3276
Merit: 1202
February 10, 2020, 08:06:19 PM
#91
There are affecting the cryptos price and they don't, it all depends how you see the situations as for some countries they have nothing against Bitcoin or cryptos but in some they want to control it so they looking for a way to regulate Bitcoin after some certain rules...look at China as example. I think in the near future Bitcoin somehow will be regulated and be more centralized but until then we have plenty of time to buy and hold and don't let this news affect your holdings.
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