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Topic: How regulation affects the crypto price - page 3. (Read 1272 times)

hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
January 25, 2020, 06:53:34 PM
#70
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.
sr. member
Activity: 938
Merit: 251
January 25, 2020, 11:24:34 AM
#69
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.
hero member
Activity: 1890
Merit: 831
January 25, 2020, 10:42:00 AM
#68
Regulations are a big deal ofcourse ,
One can already see how the governmental bodies are all set on making them in their control and the whales and other investors are trying to manipulate the market in their own way .
Even people who are influential are posting things on their social media which might scare off the investors , all of them are trying to control the bitcoins in their own way and this needs to be stopped because it's causing small investors a big harm more or so .
sr. member
Activity: 798
Merit: 253
January 25, 2020, 10:17:36 AM
#67
Based on what I have understand, it will have an effect because if the government will regulate crypto it means they had full control on the cryptos, also the demand and supply of the crypto will be effected because as what I have said they will control on it for the monetary reason. Probably it will the same price in your local currency which is very cheap. That is why it is good for crypto if it will remain anonymous.

Doubtful understanding. Cryptocurrency is primarily valued because it is almost impossible to take control of. Of course, you can create artificial restrictions for its movement, but states will be able to block its flow and transactions between users all the same. Therefore, with all the desire to take control of it, it won’t work out, and regulatory methods are needed only to remove taxes from cryptocurrencies.

It was basically made decentralized for the sole purpose that states cannot get control of it and rule it. It is basically made for the benefit of common people not states and this is why common masses are highly supporting it. What I think is that governments will try to figure out some taxation method and are going to make bitcoin legal. They also want to get benefited from this technology.
legendary
Activity: 1473
Merit: 1086
January 25, 2020, 09:40:46 AM
#66
More than the price, regulations affect the accessibility factor. It makes it less accessible to people and hence, affects the adoption. This isn't really healthy for Bitcoin. There are countries where cryptos are outrightly illegal and there are some where heavy regulations make Bitcoin not at all worthy to have. Since, this curbs adoption. Demand won't rise that much as it could. This could at the end affect the price as a by product.

That is not really true! Regulations help to strength the market and make crypto currencies more available to the general public. No sane person wants to apply to some shady asian exchange just to buy a specific coin or token that they want to invest to.

The countries who make crypto illegal have usually far worse problems than monetary souveranity, thus making them a very bad example overall, due to their lack on all life quality on all borders. In Europa I would very much have a good and robust regulation, but on the other hand every country is cooking their own crypto meal and the regulations are extremely different. For example, crypto profits are entirely tax free in Portugal.
sr. member
Activity: 686
Merit: 262
January 25, 2020, 09:19:24 AM
#65
More than the price, regulations affect the accessibility factor. It makes it less accessible to people and hence, affects the adoption. This isn't really healthy for Bitcoin. There are countries where cryptos are outrightly illegal and there are some where heavy regulations make Bitcoin not at all worthy to have. Since, this curbs adoption. Demand won't rise that much as it could. This could at the end affect the price as a by product.
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
January 25, 2020, 09:17:03 AM
#64
If you regulate the Bitcoin with proper regulations like we see in the Japan nothing will affect the BTC price or any cryptocurrency but cheapest country like US and all will not allow BTC boom.
So they will put the struggles for sure. So soon if we boycott those countries we can see BTC go bigger.
That pretty much is what will happen even if laws and regulations were put up to control bitcoin's transaction. If anything it could pose a positive effect on bitcoin's price because people could get the impression that since it's accredited by the government, we can invest on it without any worries of it being scam or something. However, that is still up for debate, and until sufficient knowledge is gained, we wouldn't be able to really know what the answer is to this question.
sr. member
Activity: 1638
Merit: 300
January 25, 2020, 08:15:23 AM
#63
It depends on regulation. Crypto friendly regulation will push adoption forward and we will see price grow

Positive or negative, I think it will just slightly affect the price of crypto currencies. As no one can really stop the people from using it. If they will be banning cryptos, government can't really or completely ban it, people can still use it.
sr. member
Activity: 1092
Merit: 257
LuckyB.it is Back!
January 25, 2020, 08:02:25 AM
#62
If you regulate the Bitcoin with proper regulations like we see in the Japan nothing will affect the BTC price or any cryptocurrency but cheapest country like US and all will not allow BTC boom.
So they will put the struggles for sure. So soon if we boycott those countries we can see BTC go bigger.
jr. member
Activity: 194
Merit: 8
January 25, 2020, 07:10:48 AM
#61
It depends on regulation. Crypto friendly regulation will push adoption forward and we will see price grow
hero member
Activity: 1400
Merit: 623
January 25, 2020, 06:29:28 AM
#60
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.
hero member
Activity: 1722
Merit: 528
January 25, 2020, 06:25:16 AM
#59
I think it would not be affected in some sort.

I mean, if a country regulated to never use Bitcoin in their country that means they can just stop accepting Bitcoin but still, a user can access his Bitcoin wallet, transact Bitcoin to his friends or other people, he can still even trade at that point since they can't just block all of the sites where they can trade and sell their Bitcoin. The only problem there is how will they be able to send or convert their Bitcoins into their fiat.
legendary
Activity: 1862
Merit: 1046
January 25, 2020, 06:10:38 AM
#58
I only think about the tax when the regulations for the cryptocurrency is accepted because that is the way for the government to take more income from the people. Although it will hard to find the people who used cryptocurrency, they will get the info by searching with the banks. But with the regulations, people will believe in crypto, and they will invest in crypto too. That will make the crypto more popular so that many people will join the crypto world.

Regulating crypto will definitely pool in more investment from a group of users but at the same time, crypto will lose its core value of being anonymous as well as no third party involvement clause. This will keep scammers at bay but early adopters might leave due to restrictions and tax, I think it's better for us if the crypto is unregulated as it was created for the same purpose.
It was created with unregulated nature and it will remain the same. Yes it would be beneficial for both the market and users if it would stay the same as people are already overburdened by the huge taxes the governments have implemented over everything. If it would be regulated by someone it would lose the attraction and value it has achieved uphill now.
like in my country the regulation is only to take tax from crypto users, but they forbid using crypto as a means of payment, this will be a burden for us. we do not get any benefit from the regulation, unless it becomes legal and free to use, it will be useful and will many new people are interested in crypto because it already has regulations.
sr. member
Activity: 742
Merit: 329
CryptoTalk.Org - Get Paid for every Post!
January 25, 2020, 05:45:21 AM
#57
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.
legendary
Activity: 3122
Merit: 1140
January 24, 2020, 04:25:26 PM
#56
Regulation is the most effective way how to make bitcoin have higher price, looks when some country make only good news with bitcoin will be accepted and discuss at the public economic world give make price on the top and could increase more than 30%, how come if bitcoin really get regulation in one country become legal currency digital payment?

No it wont happen.! Bitcoin might be adopted on a certain country but doesnt mean that it would become its legal currency for digital payment.I would rather believe that e-fiat would be consider that time.

Regulation do somehow opposes Cryptos existence yet we know that Decentralization on what matter most but we need to have some acceptance and support from government to open up gateway for
people to recognize generally but we know this isnt always the case because we have seen that most of them do really opposes cryptos existence.
sr. member
Activity: 938
Merit: 251
January 24, 2020, 12:35:37 PM
#55
Regulation is the most effective way how to make bitcoin have higher price, looks when some country make only good news with bitcoin will be accepted and discuss at the public economic world give make price on the top and could increase more than 30%, how come if bitcoin really get regulation in one country become legal currency digital payment?
sr. member
Activity: 889
Merit: 253
January 24, 2020, 12:15:52 PM
#54
I only think about the tax when the regulations for the cryptocurrency is accepted because that is the way for the government to take more income from the people. Although it will hard to find the people who used cryptocurrency, they will get the info by searching with the banks. But with the regulations, people will believe in crypto, and they will invest in crypto too. That will make the crypto more popular so that many people will join the crypto world.

Regulating crypto will definitely pool in more investment from a group of users but at the same time, crypto will lose its core value of being anonymous as well as no third party involvement clause. This will keep scammers at bay but early adopters might leave due to restrictions and tax, I think it's better for us if the crypto is unregulated as it was created for the same purpose.
It was created with unregulated nature and it will remain the same. Yes it would be beneficial for both the market and users if it would stay the same as people are already overburdened by the huge taxes the governments have implemented over everything. If it would be regulated by someone it would lose the attraction and value it has achieved uphill now.
member
Activity: 1204
Merit: 38
January 24, 2020, 12:03:35 PM
#53
Regulations affect the price either directly or indirectly.The regulation in favor of crypto increse the adoption and the massive adoption raise the demand which push the price high.
Regulations against the crypto bound the user to buy and sell restricted and acces to crypto become more difficult and users of crupto like traders and investorsunable to make transactions freely,It results the low volume in exchanges and affect the price of crypto.
Regulations doesn't actually means restricting the crypto usage completely so it has positive as well as negative effects on the cryptocurrencies but regulation will increase the adoption and also more and more countries will follow if a developed country regulate the cryptocurrency usage so and long time it has positive effect.
sr. member
Activity: 926
Merit: 256
January 24, 2020, 11:32:19 AM
#52
I only think about the tax when the regulations for the cryptocurrency is accepted because that is the way for the government to take more income from the people. Although it will hard to find the people who used cryptocurrency, they will get the info by searching with the banks. But with the regulations, people will believe in crypto, and they will invest in crypto too. That will make the crypto more popular so that many people will join the crypto world.

Regulating crypto will definitely pool in more investment from a group of users but at the same time, crypto will lose its core value of being anonymous as well as no third party involvement clause. This will keep scammers at bay but early adopters might leave due to restrictions and tax, I think it's better for us if the crypto is unregulated as it was created for the same purpose.
I think it's not only that because when there are clear regulations on the use of cryptocurrency it will have a good impact on the price of cryptocurrency that will buy more and be used for everyday transactions so cryptocurrency will grow rapidly and will create everything into digital.
the regulations of a country will allow more crypto users in the region and can potentially have price growth in the market. and when regulations already exist, the development of crypto in these countries will be even more advanced compared to countries that have not yet implemented regulations, due to limited access.
sr. member
Activity: 924
Merit: 256
January 24, 2020, 11:04:27 AM
#51
I only think about the tax when the regulations for the cryptocurrency is accepted because that is the way for the government to take more income from the people. Although it will hard to find the people who used cryptocurrency, they will get the info by searching with the banks. But with the regulations, people will believe in crypto, and they will invest in crypto too. That will make the crypto more popular so that many people will join the crypto world.

Regulating crypto will definitely pool in more investment from a group of users but at the same time, crypto will lose its core value of being anonymous as well as no third party involvement clause. This will keep scammers at bay but early adopters might leave due to restrictions and tax, I think it's better for us if the crypto is unregulated as it was created for the same purpose.
I think it's not only that because when there are clear regulations on the use of cryptocurrency it will have a good impact on the price of cryptocurrency that will buy more and be used for everyday transactions so cryptocurrency will grow rapidly and will create everything into digital.
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