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Topic: If bitcoin goes to under regulation, what will happen? Share your opinion! (Read 1570 times)

full member
Activity: 644
Merit: 100
We will see lots of newcomers here) But for the btc nothing will change, it can exist without any regulation)
sr. member
Activity: 536
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
I don't know why people are waiting for the SEC Announcement! Do you think bitcoin needs regulations? SEC will be rejecting cryptocurrency continuously! But still, we are waiting for the SEC Announcement in September. Where SEC already rejected cryptocurrency a few days ago!

I really can't imagine what will happen if bitcoin goes to the under regulations! The government will take bitcoin's control, bitcoin will lose its anonymity? What will happen actually? Please share your opinion.

Thank You

The next big question is how they are going to regulate something that was created as anonymous and decentralized, they can control a part of it but not totally the whole transactions because no company or government can manage that, they will have to spend millions of dollars and lots of manpower.

Possibly they'll be able to control the local exchanges operations, like KYC implementations and not a total regulations like of fiat currency. Decentralized and anonymous type of currency should run independently with respect to transactions which isn't dependent to current fiat economy. The freedom of each community always talk about what's the best for our future economic growth of a cryptocurrency.
sr. member
Activity: 2254
Merit: 258
I don't know why people are waiting for the SEC Announcement! Do you think bitcoin needs regulations? SEC will be rejecting cryptocurrency continuously! But still, we are waiting for the SEC Announcement in September. Where SEC already rejected cryptocurrency a few days ago!

I really can't imagine what will happen if bitcoin goes to the under regulations! The government will take bitcoin's control, bitcoin will lose its anonymity? What will happen actually? Please share your opinion.

Thank You

The next big question is how they are going to regulate something that was created as anonymous and decentralized, they can control a part of it but not totally the whole transactions because no company or government can manage that, they will have to spend millions of dollars and lots of manpower.
full member
Activity: 700
Merit: 110
I believe that the regulation of cryptocurrency is necessary for the further development of this market. To build consumer confidence, add confidence to investors.
sr. member
Activity: 686
Merit: 250
I don't know why people are waiting for the SEC Announcement! Do you think bitcoin needs regulations? SEC will be rejecting cryptocurrency continuously! But still, we are waiting for the SEC Announcement in September. Where SEC already rejected cryptocurrency a few days ago!

I really can't imagine what will happen if bitcoin goes to the under regulations! The government will take bitcoin's control, bitcoin will lose its anonymity? What will happen actually? Please share your opinion.

Thank You
I think that when bitcoin goes under regulation then we would have better prices of the coins in the market. There would be less market manipulation and a few people cannot manipulate the prices of the coin to go in their favor effectively screwing over other people. There would be way less scam coins in the market is there is regulation.
sr. member
Activity: 532
Merit: 250
ARMAGEDDON!!!

 Grin
You can also joke about it, LOL.

It is true that there must be a value gap in cryptocurrency, whether Bitcoin will increase its price or go down.
If Bitcoin is accepted, the SEC is good if the price goes up, then what can we do with the Bitcoin price?
sr. member
Activity: 630
Merit: 251
I honestly don't like this and bitcoin doesn't need the SEC and other regulators. I can't imagine that btc and other crypto are under the control of a regulator, they will exacerbate crypto and potentially large manipulations will always occur.
full member
Activity: 518
Merit: 100
I don't think much would happen, the market would most likely stay the way that it is, there would just be more rules and regulations for people to follow but I think that is it. There would not be much to stop market and price manipulation and the volatility will still continue in the market, people will keep losing money if they are not careful
sr. member
Activity: 462
Merit: 290
at least if Bitcoin is legalized by the state, it allows all nations of the country to get an easy way to buy Bitcoin
that way, the existence of Bitcoin will become very popular and also the altcoin will follow a positive trend
at least with the regulation, we can have BTC safely and the prices are well controlled
I do not think that Bitcoin can come under regulation. Its idea was that no regulation is needed. In my point of view it gives people freedom.
full member
Activity: 476
Merit: 112
IDENA.IO - Proof-Of-Person Blockchain
at least if Bitcoin is legalized by the state, it allows all nations of the country to get an easy way to buy Bitcoin
that way, the existence of Bitcoin will become very popular and also the altcoin will follow a positive trend
at least with the regulation, we can have BTC safely and the prices are well controlled
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
I really can't imagine what will happen if bitcoin goes to the under regulations! The government will take bitcoin's control, bitcoin will lose its anonymity? What will happen actually? Please share your opinion.

Thank You
I think what most people want is a regulation around the ICOs and getting the KYC strictly adhered to in order to control scams around it, not the government intervention as to control cryptocurrency. Any attempt to control cryptocurrency will inadvertently retrogress to what Satoshi Nakamoto set out to avoid from the onset.
full member
Activity: 588
Merit: 107
Crypto wild, wild west will be gone once FULL regulations steps in.
I think, some regulations are needed to prevent scam, but not entirely like the equities, commodities and bond market.
I still prefer some anonymity in the crypto space. Grin
sr. member
Activity: 1680
Merit: 259
I don't know why people are waiting for the SEC Announcement! Do you think bitcoin needs regulations? SEC will be rejecting cryptocurrency continuously! But still, we are waiting for the SEC Announcement in September. Where SEC already rejected cryptocurrency a few days ago!

I really can't imagine what will happen if bitcoin goes to the under regulations! The government will take bitcoin's control, bitcoin will lose its anonymity? What will happen actually? Please share your opinion.

Thank You

Government can take anything they want to keep macro & micro economic running, but depend on what and how give impact into market is long discussion. Regulation is good but most of them only for people with power and money not like us. We just follower not leader, accept it as risk is better.
hero member
Activity: 752
Merit: 501
Less market manipulation, less insider trading, one person can no longer sway the entire market in their favor just because they have the money to do so, the average investor will be protected and they would not have t worry about irregular market movements anymore which will be good for everyone involved in it. it would be better
member
Activity: 392
Merit: 13
If it goes under regulation then we would have a better market, we would have less manipulation and insider trading, these things can be made punishable by law just like with the stock market. Regulation is what can bring back any iota of sense into the market. The prices will be way more stable and we would have less brutal price dips.
newbie
Activity: 322
Merit: 0
I think that this will not happen because the idea was in anonymity and bitcoin can only be traced to the address but no one knows who exactly sends bitcoins from this address.
full member
Activity: 490
Merit: 100
I think that there will be a lot of new billionaires who used to buy BTC a long time ago, but seriously, I think that crypto currencies can change the world for the better, especially when the price of bitcoin is about $ 100,000
jr. member
Activity: 130
Merit: 1
I don't think this will help bitcoin goes to another all time high. Bitcoin really needs mass adoptions to increase more demand and rise the price not this regulations.
full member
Activity: 353
Merit: 101
nothing will happen to me either way. i already have a network of people i met off localbitcoins over the years that buy/sell in cash so the more they regulate it the more people like me will just go underground. The blockchain was never meant to be regulated or anything like what is going on nowadays. Keep your freedom people!
member
Activity: 294
Merit: 10
In my opinion, that won't happen. Because if possible they might have done it now. I believe blockchain will be more popular in the future and maybe the government will be involved in it. But I think Bitcoin and a lot of Altcoin will still be what they are today, because maybe the market really wants it.
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