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Topic: How regulation affects the crypto price - page 2. (Read 1272 times)

newbie
Activity: 14
Merit: 0
February 10, 2020, 06:22:33 PM
#90
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.
sr. member
Activity: 1638
Merit: 261
February 10, 2020, 05:11:10 PM
#89
I don't see any possibility to control the price of digital assets. The only thing they can regulate is to ensure those centralized exchanges operate under a license, which they can ensure the perform KYC/AML for all users of their platform

Yes they cannot control the digital asset which they don't have control over but they can try to turn the tides other way around by passing certain positive or negative statement which would have impact on digital assets I mean crypto currency. China does it everytime and now users are smart and they don't care about such updates but if any other country which is safe haven to crypto releases any statement then it would definitely make its Ripple felt throughout the market.
full member
Activity: 1316
Merit: 104
CitizenFinance.io
February 10, 2020, 05:04:06 PM
#88
I don't see any possibility to control the price of digital assets. The only thing they can regulate is to ensure those centralized exchanges operate under a license, which they can ensure the perform KYC/AML for all users of their platform
sr. member
Activity: 1638
Merit: 300
February 09, 2020, 06:50:51 PM
#87
We can't speculation with bitcoin regulation at the future could give impact for bitcoin raising to higher price or not, we don't know how respond with many people if bitcoin really get regulation from government and how they are interested with bitcoin and altcoin investment because crypto is no guarantee keep going to higher price always.

We can speculate to that. That will decide the future of crypto currencies, it is in the hands of the government whether they want to legalize it or ban it. It will not be into interesting reasons but in the future, if the majority of people are using it, even haters and other people that don't know it will use it.
Of course, a lot of nuances await the cryptocurrency market and cryptocurrency users after the cryptocurrency is legalized.  Of course, many users have a negative attitude towards this, but answering the question about cryptocurrency pricing because of its control, without going into details and not using various technical terms, we can say the following, that for many fraudsters in the cryptocurrency market their activity will end, because  control will be tight and any fraud will be punished by law.  And this is a real fact that will attract more investment in the cryptocurrency market, since today investors are still afraid of fraud.

That I would be worried about. If we will be talking about control, and it's gonna be tight? I would be really worried. One of the reasons I am using crypto currency is the fact that I am free to do what I want from it. Of course, I would be limiting myself from illegal transactions. What I want to say it, I don't want to be controlled by anybody of the government.
full member
Activity: 1204
Merit: 104
February 09, 2020, 11:37:53 AM
#86
We can't speculation with bitcoin regulation at the future could give impact for bitcoin raising to higher price or not, we don't know how respond with many people if bitcoin really get regulation from government and how they are interested with bitcoin and altcoin investment because crypto is no guarantee keep going to higher price always.

We can speculate to that. That will decide the future of crypto currencies, it is in the hands of the government whether they want to legalize it or ban it. It will not be into interesting reasons but in the future, if the majority of people are using it, even haters and other people that don't know it will use it.
Of course, a lot of nuances await the cryptocurrency market and cryptocurrency users after the cryptocurrency is legalized.  Of course, many users have a negative attitude towards this, but answering the question about cryptocurrency pricing because of its control, without going into details and not using various technical terms, we can say the following, that for many fraudsters in the cryptocurrency market their activity will end, because  control will be tight and any fraud will be punished by law.  And this is a real fact that will attract more investment in the cryptocurrency market, since today investors are still afraid of fraud.
sr. member
Activity: 1638
Merit: 300
February 06, 2020, 07:19:08 PM
#85
We can't speculation with bitcoin regulation at the future could give impact for bitcoin raising to higher price or not, we don't know how respond with many people if bitcoin really get regulation from government and how they are interested with bitcoin and altcoin investment because crypto is no guarantee keep going to higher price always.

We can speculate to that. That will decide the future of crypto currencies, it is in the hands of the government whether they want to legalize it or ban it. It will not be into interesting reasons but in the future, if the majority of people are using it, even haters and other people that don't know it will use it.
full member
Activity: 966
Merit: 153
February 06, 2020, 06:38:05 PM
#84
Even with regulation there is no hundred percent guarantee that there will be a price increase. Instead, what we should hope to gain is the exposure which will pay off in the long run.
Why we hope to get a regulation on Bitcoin and cryptocurrency in general is because most people who wants to invest in Bitcoin are reluctant because their is no official regulation made on it. The huge adoption is the impact of regulation.
full member
Activity: 966
Merit: 153
February 04, 2020, 05:32:49 PM
#83
I think what makes most people afraid or shy away from regulations is because of the fear that the independence of Bitcoin will be withdrawn by the government.
Though, there is every possibility of this to happen but that  does not mean that it won't be giving something in return. Regulation will skyrock Bitcoin the top place, way better than it is recently. We just hope it is done rightly.
legendary
Activity: 2884
Merit: 1117
January 28, 2020, 02:23:23 AM
#82
There are levels of regulation that affects the price differently. Small and light regulations are usually not the ones that create any problems, however hard and difficult regulations that are heavy on the side of too much to do and lack of anonymity etc, it does affect it very terribly.

So, there are regulations and there are regulations, the good ones even increases the adoption because the more legal things get, the easier in peoples minds to use bitcoin and they won't be scared, the harder regulations get just like the NYE one, the more people will be scared off it because of all the work it requires for us to do. That is the gist of it, we need regulations but we don't need it too much, we need it just enough to help us get more people but not too much that it scares people off.
sr. member
Activity: 938
Merit: 251
January 27, 2020, 08:36:51 AM
#81
We can't speculation with bitcoin regulation at the future could give impact for bitcoin raising to higher price or not, we don't know how respond with many people if bitcoin really get regulation from government and how they are interested with bitcoin and altcoin investment because crypto is no guarantee keep going to higher price always.
sr. member
Activity: 882
Merit: 251
January 27, 2020, 08:07:12 AM
#80
indeed with the existence of such regulation can get direct trust from the local government that accepts the use of cryptocurrency and it will make many people start using cryptocurrency to make transactions using cryptocurrency and will have a direct impact on price movements which will increase as more and more people use it.
The government has to come up with the regulation and if that happens it might impact the market in the short period but in the long term we will have regulation and you have to deal with it in the future and in the next few years we will have a regulated market.

I agree with you with the regulation from the government maybe in the future it will make cryptocurrency not decentralized. and can't move freely like now. in my opinion it would be better if cryptocurrency remained like this without regulation and decentralized. and the existence of regulations also does not guarantee people to invest or use cryptocurrency.

Such government regulations only benefit them, but not cryptocurrency. do they want to get tax from cryptocurrency users?
regulation might make people aware of bitcoin investments, but still they will see a big risk with fluctuations.
sr. member
Activity: 938
Merit: 250
January 27, 2020, 05:34:59 AM
#79
indeed with the existence of such regulation can get direct trust from the local government that accepts the use of cryptocurrency and it will make many people start using cryptocurrency to make transactions using cryptocurrency and will have a direct impact on price movements which will increase as more and more people use it.
The government has to come up with the regulation and if that happens it might impact the market in the short period but in the long term we will have regulation and you have to deal with it in the future and in the next few years we will have a regulated market.

I agree with you with the regulation from the government maybe in the future it will make cryptocurrency not decentralized. and can't move freely like now. in my opinion it would be better if cryptocurrency remained like this without regulation and decentralized. and the existence of regulations also does not guarantee people to invest or use cryptocurrency.
hero member
Activity: 1694
Merit: 541
January 27, 2020, 03:54:31 AM
#78
indeed with the existence of such regulation can get direct trust from the local government that accepts the use of cryptocurrency and it will make many people start using cryptocurrency to make transactions using cryptocurrency and will have a direct impact on price movements which will increase as more and more people use it.
The government has to come up with the regulation and if that happens it might impact the market in the short period but in the long term we will have regulation and you have to deal with it in the future and in the next few years we will have a regulated market.
sr. member
Activity: 952
Merit: 251
January 26, 2020, 11:21:23 AM
#77
Regulation is the success key for bitcoin to be legal currency digital payment and become global currency at the future, without get regulation from government bitcoin become only investment assets forever without have chance to be legal currency payment transaction.
We do not want it to be a legal one because that will snatch the qualities of Bitcoin. Everyone wants to enjoy the free status of it, becoming legal would allow the governments to control it. Then they will induce huge taxes on it also. This would not be good for crypto as people will start taking back their investments from this market, because decentralization is the biggest attraction for investors.
You are right all of us are looking for feeling free of restricts about our investments and this is possible only if bitcoin will remain away from all kind of regulations to be honest I really don't want bitcoin to be regular ever and it will remain this way so people will be happy than as it increase limitlessly while investing money in bitcoin and regulation will bound it to be limited also will have to pay high taxes.
full member
Activity: 1638
Merit: 122
January 26, 2020, 08:36:44 AM
#76
Regulation is the success key for bitcoin to be legal currency digital payment and become global currency at the future, without get regulation from government bitcoin become only investment assets forever without have chance to be legal currency payment transaction.
We do not want it to be a legal one because that will snatch the qualities of Bitcoin. Everyone wants to enjoy the free status of it, becoming legal would allow the governments to control it. Then they will induce huge taxes on it also. This would not be good for crypto as people will start taking back their investments from this market, because decentralization is the biggest attraction for investors.

what ? you mean bitcoin is illegal now  ? its bad if its illegal but nah  .  illegal is not the right term to be used  .  regulation isnt the key for bitcoin to be succesful because look at it now , bitcoin is now healthy without regulation but regulation can only make bitcoin complicated  .  but regulation can really affect the price of crypto  ?  i guess no because as of now , bitcoin is already unstable  so how much more if its regulated   ?  the flow will be the same  .
sr. member
Activity: 889
Merit: 253
January 26, 2020, 08:18:20 AM
#75
Regulation is the success key for bitcoin to be legal currency digital payment and become global currency at the future, without get regulation from government bitcoin become only investment assets forever without have chance to be legal currency payment transaction.
We do not want it to be a legal one because that will snatch the qualities of Bitcoin. Everyone wants to enjoy the free status of it, becoming legal would allow the governments to control it. Then they will induce huge taxes on it also. This would not be good for crypto as people will start taking back their investments from this market, because decentralization is the biggest attraction for investors.
legendary
Activity: 1568
Merit: 1002
January 26, 2020, 05:27:47 AM
#74
Regulation is the success key for bitcoin to be legal currency digital payment and become global currency at the future, without get regulation from government bitcoin become only investment assets forever without have chance to be legal currency payment transaction.
indeed with the existence of such regulation can get direct trust from the local government that accepts the use of cryptocurrency and it will make many people start using cryptocurrency to make transactions using cryptocurrency and will have a direct impact on price movements which will increase as more and more people use it.
especially if regulations are carried out by all countries, fluctuations will be less than it is today. but unfortunately it still requires time for regulation from each country. but fortunately many developed countries have raised positive signals about the use of bitcoin, which will facilitate its development

correct, with the regulation of course it will have an impact on the price of bitcoin and maybe also for other crypto, with real use it is very likely the price will be more stable and with these regulations then it will also have a good impact for the future of bitcoin because bitcoin can be felt more tangible benefits with its use and also of course more and more industrial developers will adopt it
sr. member
Activity: 882
Merit: 258
★Bitvest.io★ Play Plinko or Invest!
January 26, 2020, 03:00:02 AM
#73
Regulation is the success key for bitcoin to be legal currency digital payment and become global currency at the future, without get regulation from government bitcoin become only investment assets forever without have chance to be legal currency payment transaction.
Yes your right that the success of bitcoin or the whole cryptocurrency is regulation but did you think that this regulation will be hate of the crypto community as well as the people in the crypto space? Regulations means responsibility in which we will be having rules or what we called laws to be follow and it is sucks in which the people will definitely hate it.
And there will be a huge effect if bitcoin will be having a a rules and regulations regarding of transaction and payment on different aspects. This probably the main reason why bitcoin and cryptocurrency is getting good because it has no regulations to be maintained off.
sr. member
Activity: 2030
Merit: 323
January 26, 2020, 02:14:34 AM
#72
I don’t really know how the regulation you’re talking about works, but I’m guessing that it has to do with exchanges because personal transactions to a private wallet can’t be regulated and as for exchanges, it’s not every exchange that can be regulated, there are decentralized exchanges and these ones can’t be regulated, except the centralized ones.

Another thing you have to know is that no particular country can control Bitcoin, so they only control the ones in the possession of exchanges that are in their countries. When people are not depending on any form of decentralization like exchanges and able to spend bitcoins for products and services then no regulations will impact on cryptos in any means.
full member
Activity: 812
Merit: 100
www.cd3d.app
January 25, 2020, 10:47:40 PM
#71
Regulation is the success key for bitcoin to be legal currency digital payment and become global currency at the future, without get regulation from government bitcoin become only investment assets forever without have chance to be legal currency payment transaction.
indeed with the existence of such regulation can get direct trust from the local government that accepts the use of cryptocurrency and it will make many people start using cryptocurrency to make transactions using cryptocurrency and will have a direct impact on price movements which will increase as more and more people use it.
especially if regulations are carried out by all countries, fluctuations will be less than it is today. but unfortunately it still requires time for regulation from each country. but fortunately many developed countries have raised positive signals about the use of bitcoin, which will facilitate its development

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