Topic: More bad news: G20 wants to regulate crypto's (Read 562 times)
Why's this a bad news? I mean, if you ask me, them wanting to regulate bitcoin and crypto is a good sign that they'd see potential in it and would like to keep it but of course it'll need some regulations. If they were that much against crypto, they'd just ban it and that would be that. So this is pretty good news overall.
Why do you think that people with big money are attracted to bitcoin by its regulation. I think it's absurd. Easy access to Fiat is only interested in small depositors. There are many of them but their share in bitcoin capitalization is very small. Therefore, we see panic at any major sale of coins. It seems to me that any regulation can only push people away from bitcoin.
History. Big investors never enter markets that are going wild, they have more money then we do because they are not letting anything to chance while investing big.....
This is really bad, when the G20 countries have been discussing this worry.
they begin to fear that blockchain can damage international banks or grow new crime. waiting for their policy without reacting.
they begin to fear that blockchain can damage international banks or grow new crime. waiting for their policy without reacting.
Whoever told you regulations are bad? You should really go and make more research about cryptocurrency regulations and learn more. If you must know, regulation is what bitcoin needs now. At least I believe that when it happens, there will be a lot of sanity in market about price and probably a stop to government and banks FUD. And you people should know that when bitcoin is regulated; it won't move it away from been decentralized.
It seems some people always allow themselves to get blinded by FUD mongers like the OP until they miss the right thing. Op already missed it a long time ago and apparently has nothing to offer, so I believe whatever comes from him should be taken as nothing. Regulation like 1Referee rightly said is not a problem and in fact I believe it would give the cryptocurrency space a breathable atmosphere for going forward and if OP cannot see that, then I wonder why he is here.
We do not know yet what will be the conclusion of the talks because they are yet to happen. The safe money would be that the outcome will be further moves towards regulation but that's nothing new. Most of the major economies have already announced their plans for stricter regulation around cryptocurrencies. All that these talks might do is lead to a more streamlined approach and a common direction. That's actually a good thing because it will make the market much more transparent for all involved.
But what about all the criminals with their illegal money? They're now in bitcoin but will they be forced to sell?
I will accept having regulations for crypto rather than seeing a ban imposed on it which is more harmful for the market. G20 meet was a influential meet which could decide crypto future and coming out with regulation seem to be best step for the while, it may cause a drop in the price for some time but over the whole it will help market to grow.
Dear sjefdeklerk, rivaling is a bad news, expected, but bad. It was expected that bankers would like to impose their centralism in this high potent technology..... but "regulation"..... it's been some now since I am trying to fight this nonsense.
You can get more informed about the difference between regulation and prohibition in this topic I created earlier: https://bitcointalksearch.org/topic/m.32275612
Better regulation and better usability will inevitably lead to more investments and attract traditional investors who will bring some serious money in this world. They started to enter at the end of last year, but they are still being drawn back by bad security and user-non-friendliness.
Why do you think that people with big money are attracted to bitcoin by its regulation. I think it's absurd. Easy access to Fiat is only interested in small depositors. There are many of them but their share in bitcoin capitalization is very small. Therefore, we see panic at any major sale of coins. It seems to me that any regulation can only push people away from bitcoin. You can get more informed about the difference between regulation and prohibition in this topic I created earlier: https://bitcointalksearch.org/topic/m.32275612
Better regulation and better usability will inevitably lead to more investments and attract traditional investors who will bring some serious money in this world. They started to enter at the end of last year, but they are still being drawn back by bad security and user-non-friendliness.
Dear sjefdeklerk, rivaling is a bad news, expected, but bad. It was expected that bankers would like to impose their centralism in this high potent technology..... but "regulation"..... it's been some now since I am trying to fight this nonsense.
You can get more informed about the difference between regulation and prohibition in this topic I created earlier: https://bitcointalksearch.org/topic/m.32275612
Better regulation and better usability will inevitably lead to more investments and attract traditional investors who will bring some serious money in this world. They started to enter at the end of last year, but they are still being drawn back by bad security and user-non-friendliness.
You can get more informed about the difference between regulation and prohibition in this topic I created earlier: https://bitcointalksearch.org/topic/m.32275612
Better regulation and better usability will inevitably lead to more investments and attract traditional investors who will bring some serious money in this world. They started to enter at the end of last year, but they are still being drawn back by bad security and user-non-friendliness.
I believe this is not a bad news. A country trying to regulate bitcoin means they wanted to use and accept the cryptocurrency and wanted to have at least control for the protection of its citizen. Let us say they are after for the tax but this mean, merchants all over that country will recognize bitcoin as legit and will definitely flourish the bitcoin economy.
It makes sense when there are body of governments and even G20 that will regulate cryptocurrency. It will gain popularity and trust for crypto's and I think this is actually an advantage to all of us who are looking to better number of adopting countries.Tune in this coming July.
https://cryptoslate.com/g20-crypto-regulation/
lol,G20 meeting has done and theres no issues about regulation,your speculations are too far from reality,try to make some positive news than that damn fake news lol
Lol. I like the word his speculations are too far from reality and which truly they are. The guy is totally lost in his own negative atmosphere that he ends up concluding everything as bad news with no single intelligence. If eventually every country even decides to come up with regulation, I totally believe it would end up creating better days ahead than bad.At least, it makes it become a legal entity and the whole FUD being created by people like the OP will die down as every investor start seeing crypto-space as something worth looking into without the fear of the government clamp down.
This line here "The discussions on regulation at the G20 could see cryptocurrencies suffer from another massive drop in value." I feel this kind of news reporting is bias! Sounds as if they know the conclusion of what will come from this but they forget these digital currencies are the future and FYI regulators have spoke in favour of these new digital currencies as reported by recent news sources.
I believe this is not a bad news. A country trying to regulate bitcoin means they wanted to use and accept the cryptocurrency and wanted to have at least control for the protection of its citizen. Let us say they are after for the tax but this mean, merchants all over that country will recognize bitcoin as legit and will definitely flourish the bitcoin economy.
Crypto addressed in G20 is a big success for crypto lovers as per my opinion. However, G20 is going to regulate crypto and not going to ban since there are so many transparency is there in terms of usage in crypto compared to fiat. Every block for transaction is stored for validating and verifying who and when it happened, this way they could possibly control usage of crypto by criminals and terrorists rather than uncontrolling currency usage by them till now.
Not necessarily bad news.
We don't know yet what they are actually going to come out with to regulate bitcoin and other cryptos, so it's currently purely speculation. It could be just an extension of what most countries are already doing into other countries.
I still don't get why people panic so much over basically nothing. Traders seem to dread regulation and every time a new regulation comes out, the price takes a hit. People should start realizing that bitcoin will exist and can be traded no matter how strict regulations become.
lol,G20 meeting has done and theres no issues about regulation,your speculations are too far from reality,try to make some positive news than that damn fake news lol
Lol. I like the word his speculations are too far from reality and which truly they are. The guy is totally lost in his own negative atmosphere that he ends up concluding everything as bad news with no single intelligence. If eventually every country even decides to come up with regulation, I totally believe it would end up creating better days ahead than bad.At least, it makes it become a legal entity and the whole FUD being created by people like the OP will die down as every investor start seeing crypto-space as something worth looking into without the fear of the government clamp down.
setting bitcoin is not a bad issue, is it possible you do not see or peruse the news, I am not sure that you understand it, just keep taking the negative side of not seeing the positive side thoroughly, this might make a person's perception become like you.
basically this setting is very good for crypto and it shows the progress from now for me it is a positive step and nothing wrong, the requirement of cryptocurrency is getting place in every world and this is the first step to achieve it all.
basically this setting is very good for crypto and it shows the progress from now for me it is a positive step and nothing wrong, the requirement of cryptocurrency is getting place in every world and this is the first step to achieve it all.
dont create fud if you dont't know how this works..
The only posts you are creating are fud to get in cheaper.
He is an attention seeker and apparently it is working for him. What just makes me very angry is how he even goes about it, as he sometimes shares normal news that necessarily does not mean anything serious and even could be a good way forward as a negative one.The only posts you are creating are fud to get in cheaper.
The guy sure needs to take some chill pill because he is beginning to embarrass himself gradually. If you want a debate, at least be constructive and do it with sense and the OP coming with this one obviously shows he apparently knows nothing like you have said.
Its over, because the outcome of the said meeting is very positive as you can see the price already moved in the positive direction. So sorry to tell you that the FUD didn't work.
I was also speculating that it can bring bad news to us, however, I just keep it to myself and didn't post because I don't want to create another FUD thread, and I'm glad that I was proven wrong as the G20 thing really brought lots of good news and in the last 3 days or so, crypto is slowly recovering.
in fact, the time has passed, and the outcome of the G20 meeting is pretty good, and it really does work well with the current bitcoin price. I think, bitcoin prices will continue to rise, especially if there is a continuous development of each country.
The point is that there can only be about the direction of the development of events. Or there will be a prohibition of crypto currency, or full support of crypto currency from the country of the Big twenty. If this is so, then it will definitely be all right .. 
in fact, the time has passed, and the outcome of the G20 meeting is pretty good, and it really does work well with the current bitcoin price. I think, bitcoin prices will continue to rise, especially if there is a continuous development of each country.
you get the news from where that G20 wants to set crypto, so far bitcoin has not pose any risk, big country that forbids bitcoin due to fear of disaster, please if show correct proof for this news, but before i thank you for this news we will so be more vigilant
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