More Regulations For Cryptocurrency? - page 4.

alex_gr_cc

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Quote from: DOGECOIN92 on July 08, 2018, 06:13:01 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?

Everything will depend on the demand for bitcoin. If we talk 100k, then, first of all, we should see approval from the government. From this it follows that large investors will invest in bitcoin, and then already small investors. Therefore, I believe that the high price of bitcoin will be accompanied only by approval from the government.

Gheka

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Quote from: hashshashin on October 23, 2018, 03:01:03 AM

Quote from: DOGECOIN92 on July 08, 2018, 06:13:01 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?

At the moment, cryptocurrencies do not threaten the world economy and banking system, and each country treats crypto-currencies differently, how events will develop further - it is not known, but I think that with increasing popularity of cryptocurrency, countries will pay more attention to them.

Well, although it has no threat in the present, but with such a new field, it will always have a certain impact in the future and the government as the guardian and controlling of everything, they have always paid attention to the crypto for a long time. They already have certain rules on crypto, mostly forbidding or preventing people from coming close to crypto, but over time, when the development of crypto is sufficiently large and the government can benefit from it, they will certainly have more new regulations on crypto

PalindromemordnilaP

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More regulatory moves by government on cryptocurrencies can somehow forfeit the purpose of cryptocurrencies being a decentralized assets. Additionally, tax will be implemented too so don't expect for tax-free crypto income anymore.

bitbunnny

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To my opinion regulation in the field of cryptocurrencies is not a bad thing. It can help in many aspects like defining illegal and legal in the field of crypto, protection of users, regulation of market, introducing cryptocurrencies into economy and businesses. All this can help Bitcoin and other cryptocurrencies to be further adopted and introduced in the general society.
The problem is that many users see regulation just through governments control and to my opinion this is the wrong angle.

jtrapirap

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When the time comes where Bitcoin & all other cryptocurrency will be fully accepted and adopted by the majority worldwide, then i guess government will have great chance of imposing rules and regulations on this field. This could have both pros and cons i think. The disadvantage might be greater fees since government may impose taxes on every transaction we have. The advantage maybe this would be more organized and the scam & fraud ICOs will be lessened i guess.

saumang2m

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I do not think that by introducing some new rules in the cryptow market, the government will be able to get information about crypto consumers. Because the government has not been able to control any country on the crypto market. The government will not have any advantage over making new rules of government.

FunGate

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Governments will understandably fight to regulate it and already have started (it's banned in some countries). If regulations are put in place, the purpose of decentralization is defeated. Once the need for exchanges to make transactions is gone, they won't be able to regulate cryptocurrencies even if they tried.

131tc01n

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in my opinion, of course that will happen, because with the development of bitcoin, more and more will want to drop it. Maybe now there are only a few governments that call bitcoin illegal, but there will come a time when other governments will call the same thing. This in my opinion will not affect the state of bitcoin because at that time bitcoin already had very many users

Daman009

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Plecet Bank

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Yes, they set about Cryptocurrency and they now make it a rule that is very difficult. And I am sure that regulations made very tight because it has a good purpose. And now many multi accounts that are already reduced and fraud could be reduced because of very strict rules.

BlackRacerX

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Quote from: DOGECOIN92 on July 08, 2018, 06:13:01 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 bitcoin regulations would kill the best feature bitcoins have. I don't want my bitcoins regulated by some government or a single body because then, my bitcoins would taxed aside from the transaction fee per exchange per transfer. Bitcoins would probably become less attractive.

fileo

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Precisely, the government will insist to regulate crypto as they wanted to control this system to have more power in handling the world of cryptocurrencies which is I think the most motive of the government. There should have some difficulties to regulate crypto as we all know the world now is experiencing war and poverty in some countries that I think affects the growth of crypto.

hashshashin

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Quote from: DOGECOIN92 on July 08, 2018, 06:13:01 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?

At the moment, cryptocurrencies do not threaten the world economy and banking system, and each country treats crypto-currencies differently, how events will develop further - it is not known, but I think that with increasing popularity of cryptocurrency, countries will pay more attention to them.

Jateng

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Quote from: DOGECOIN92 on July 08, 2018, 06:13:01 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 think there will be more regulations regarding crypto currency. Since 2009 up to now, lot of things already change in bitcoin. A simple example: before the creation of account in this forum is very easy but now you have to pay some bitcoin to able to use that account, another is before there is no recaptcha when we will log in our but now it has and then the latest which is the merit.

blocklancer8

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Even now the government has always tried to make rules about this cryptocurrency. But if this is done for the good and progress for the crypto it will be very good, everything will be well organized and acceptable to the community and if the government makes rules to hamper, I am sure this cryptocurrency cannot be contained by government regulations.

danielmax1997

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Quote from: DOGECOIN92 on July 08, 2018, 06:13:01 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?

if crypto currency are regulated then their would not be much of a difference between fiat currency and crypto currency and crypto would lose its identity for what it was created. the purpose would not be served.

Siren

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Quote from: cryptodalton on July 09, 2018, 12:55:41 PM

I think if the government fully have control over crypto currency then crypto currency will loose their identity as a decentralization project. However, few regulations would be good, like imposing tax on it. People will consider it legalized and the demand for it will increase more further.

You are out of context mate ,the question is about if the government will bring more regulations inside cryptocurrency and not having a complete command and control,i dont know if you are reading topic or just titles

For sure cryptocurrency will be more strictly and regulated in future as we are continuously growing and the government wanted to gain a piece of cakes

Usafstar

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If crypto is free from any regulations that would be a good for the health of crypto and if we have crypto free from every regulations it is very interesting that we should use crypto because of it's free nature no one can control you you are free to make transactions and every where you are not bound to pay taxes on it.

sirohige

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the regulation for cryptocurrency should not be too much and I think regulation for bitcoin is not needed too much but maybe for some altcoins and other cryptocurrency it might be needed because there are so many tokens and altcoins that are created that there may be regulations for altcoins and tokens that circulating, while for bitcoin it will not be needed.

juperos

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Quote from: DOGECOIN92 on July 08, 2018, 06:13:01 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 it will not affect the Crypto market. But the government can not enter our market. Because this is a new market, investors are allowed to be anonymously invested and able to do anything with their money and no rules are set. The government will face many difficulties in taxing us.

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