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Topic: More Regulations For Cryptocurrency? - page 2. (Read 3844 times)

newbie
Activity: 14
Merit: 0
November 01, 2018, 01:52:22 AM
For Bitcoin to be legalized, these digital currency regulations need to be further refined and supplemented to ensure their completeness and comprehensiveness in order to meet the practical requirements and in accordance with national practice. The positive regulations will make the cryptocurrency market more sympathetic to the government.
newbie
Activity: 59
Merit: 0
November 01, 2018, 01:42:25 AM
The government will issue many regulations, but it is impossible to fully control Bitcoin-related activities Grin
full member
Activity: 434
Merit: 100
The Exchange for EOS Community
November 01, 2018, 01:25:07 AM
I think cryptocurrency regulation is a bittersweet reality for us (crypto investors, enthusiasts, and believers) because when the cryptocurrency is regulated, we may feel that our crypto earnings will be taxed but at least, we are safe of what we are investing.
newbie
Activity: 30
Merit: 0
November 01, 2018, 12:28:00 AM
In each country, bitcoin is defined differently, the way they are traded is different, so that bitcoi becomes global currency, there are general rules for easier trading.
full member
Activity: 462
Merit: 100
November 01, 2018, 12:19:57 AM
Hello, would love to get your opinion on this topic. Do you think there would be more regulations regarding cryptocurrency by the Government? Both now and the future? Let’s say bitcoin price rises to $100,000 per bitcoin, Do you think the government would actually let it be and function on its own without constant regulations? Well, personally I think we would see more regulations from the government down the line to a 1 Trillion Dollars total market cap and above. But I’m positive such regulations won’t hamper on the further growth and advancement of cryptocurrency. So tell me, what do you think?

I think the more regulations bitcoin have the more people will probably tend to use fiat money rather than bitcoins. Fact is, today, since bitcoins are expensive to use and slow to transfer,  lot of people still opt for money. But then again, if you want a transfer with personal touch, then bitcoins are the best option.
sr. member
Activity: 686
Merit: 250
October 31, 2018, 08:34:41 PM
Of goverment give regulation, that's mean they already legalize it. But like we know, so many country try to kill cryptocurrency by ban it. They dont want Crypto get bigger and famous more than now, becaise it gonna be threat for their national currency. So, i dont think goverment will regulate it even bitcoin reach $100k.
The reason we are not seeing more countries banning cryptocurrencies is because they get that if they do that they are not going to have justification to do it, so they are trying to create the narrative that bitcoin is used by criminals to try to make people back their proposal but it seems that no one cares and so they cannot move forward with their agenda of banning bitcoin.
full member
Activity: 338
Merit: 100
October 31, 2018, 06:47:50 AM
of course it will not hamper, whatever the government applies the applicable regulations, bitcoin or the like will have no effect. on the one hand there are many people who are involved with bitcoin, so that bitcoin's income continues to rise, even though the market is cheap though. that's a distinct advantage for bitcoin.
full member
Activity: 490
Merit: 106
October 31, 2018, 06:45:43 AM
Of goverment give regulation, that's mean they already legalize it. But like we know, so many country try to kill cryptocurrency by ban it. They dont want Crypto get bigger and famous more than now, becaise it gonna be threat for their national currency. So, i dont think goverment will regulate it even bitcoin reach $100k.
sr. member
Activity: 1148
Merit: 252
October 31, 2018, 06:38:54 AM
I think that a number of measures should be taken on regulation, especially on ico. both the bitcoin and the investors are hurting because of this and more unnecessary projects.
I agree with you, fraud fraud ico must be dealt with firmly because many people who are cheated even make people feel frustrated and lazy to invest ico again. This end happened a lot to me, even though I had chosen it carefully and the best and finally it was a scam, maybe it wasn't my luck.
newbie
Activity: 17
Merit: 0
October 31, 2018, 05:58:45 AM
We all know crypto currency is not acceptable by all the countries. But some countries are accepting crypto currency because in their country this market is popular. I hope in near future this market will become no1 place for investment.
copper member
Activity: 31
Merit: 0
October 31, 2018, 03:39:17 AM
Governments can enforce many regulations to better regulate and control the bitcoin market, which may be beneficial to both parties: government and investors.
copper member
Activity: 336
Merit: 1
October 31, 2018, 02:42:21 AM
I understand Bitcoin is a decentralized virtual currency that is its own" central bank"..... meaning that government cannot really be able to control or influence it's activities.
So even if government wants in ,how do they intend asserting control over Bitcoin.
Your guess is as good as mine.
Although I am of the school of thought that regularization would pave way for Mass adoption.....the question remains,how?
newbie
Activity: 16
Merit: 0
October 31, 2018, 01:33:17 AM
Bitcoin is a currency, asset or commodity that is the definition different from the perspective of each nation. In order for bitcoins to become legal, countries need to provide general rules for bitcoin to develop in a positive way.
newbie
Activity: 112
Merit: 0
October 31, 2018, 01:12:58 AM
regulations are good for Crypto and Bitcoin if they are inclusive of crypto as an asset class. We need a good infrastructure and framework around Bitcoin so that the bigger entities like pension funds, hedge funds and Indeces can start utilizing this asset class for the benefit of their very wealthy clients.
member
Activity: 188
Merit: 10
October 29, 2018, 03:38:50 PM
If they make regulations with good intentions, I can support it. In many countries, people have no idea how to pay even taxes after incomes from crypto, because Bitcoin can not be categorised by the law. So I think, a little bit regulation could even help the adoption of cryptocurrencies. But it should not depend on the Bitcoin's dollar value IMO.
full member
Activity: 784
Merit: 101
The World's 1st Waste to Green Energy DLT Project
October 29, 2018, 01:25:11 PM
By looking at current conditions, there are so many fraud cases using crypto as a means. I think there needs to be some kind of regulation, the purpose of which is to protect the community from harm. So that there are no victims, or at least minimize victims
full member
Activity: 521
Merit: 100
October 29, 2018, 12:35:08 PM
I think that over time there will be more rules from regulators. Bitcoin entered our lives and took place in it. In the end, perhaps Bitcoin ownership will be taxed.
The more the price of Bitcoin rises, the greater will be the desire of regulators to control it.
full member
Activity: 294
Merit: 101
Lead generation one-stop shop platform powered AI
October 29, 2018, 11:40:28 AM
More rules = more regulation, but I think that cryptocurrencies cannot be regulated and therefore any rules are empty. IMHO
sr. member
Activity: 756
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
October 29, 2018, 10:04:49 AM
Hello, would love to get your opinion on this topic. Do you think there would be more regulations regarding cryptocurrency by the Government? Both now and the future? Let’s say bitcoin price rises to $100,000 per bitcoin, Do you think the government would actually let it be and function on its own without constant regulations? Well, personally I think we would see more regulations from the government down the line to a 1 Trillion Dollars total market cap and above. But I’m positive such regulations won’t hamper on the further growth and advancement of cryptocurrency. So tell me, what do you think?

yes I agree with you I think that regulation will not inhibit the development of cryptocurrency. because with regulations made by the government, people will think cryptocurrency is legal and they will be interested in investing in cryptocurrency. and with the existence of government regulations can take taxes from cryptocurrency and tax is useful for the government and the people. so that cryptocurrency is regulated that is fine, as long as the regulation does not eliminate the nature of decentralized cryptocurrency.
hero member
Activity: 1008
Merit: 501
October 29, 2018, 09:54:13 AM
I think there needs to be something for the crypto so that the government can accept it as a legal payment unit. For example, the government can impose taxes on it as a means to better control it
dont worry that is will happen sooner or later. of course the government will not allow bitcoin to develop without the benefits obtained by the government. OP is right that the government will not remain silent seeing bitcoin have a price that is rushing and a big marketcap. while the government does not have any part. regulations will definitely be made
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