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Topic: More Regulations For Cryptocurrency? - page 6. (Read 3844 times)

jr. member
Activity: 182
Merit: 1
October 21, 2018, 10:09:07 AM
I think this may just lead to restrictions in transactions and not the possibility of paying directly with cryptocurrency
full member
Activity: 563
Merit: 102
October 17, 2018, 03:15:00 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 there would more more regulations from the government if such thing will happen but even now there is already few but I don't think the government can totally control the cryptocurrency because this is block chain technology.
newbie
Activity: 24
Merit: 0
October 17, 2018, 02:55:01 AM

The regulations are really playing a major role in the recent market status as we can observe that the bitcoin usual price volatility has been in check in some way. I do hope it will be for a time as bitcoin is meant to be volatile in nature.
full member
Activity: 431
Merit: 100
October 17, 2018, 02:43:33 AM
If it is true that bitcoin can reach that level, it can be ascertained that there will be a big rumble in the world economy. That will have a tremendous impact, and some countries might try to control it using various methods. Somehow I have a bad feeling if bitcoin reaches that high price. What if that makes it a bubble, it's very scary to imagine.
sr. member
Activity: 700
Merit: 252
October 17, 2018, 02:08:22 AM
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 very right if indeed the government crypto currency is regulated it will likely have a positive and negative impact will also be obtained if indeed the government cooperates with crypto currencies the security problems of our assets are likely to be guaranteed
sr. member
Activity: 756
Merit: 252
October 16, 2018, 11:07:13 PM
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?
It is obvious at least to me that as cryptocurrencies become more and more valuable that we are going to see a greater amount of regulation applied to them, this is not really surprising governments understand very well that cryptocurrencies can create a lot of problems for them in the long term and they are trying to prevent that, but unfortunately for them they are going to fail.
full member
Activity: 686
Merit: 104
October 16, 2018, 08:58:43 PM
I prefer to see crypto regulation for transaction limits in one day for each wallet, and tax for that transaction. then guarantee if there is crypto theft, and the perpetrator must be arrested and punished severely.
jr. member
Activity: 85
Merit: 1
October 16, 2018, 08:46:37 PM
While having wider adoption of cryptocurrencies across the world that has led to greater innovation, is vital to running businesses and societies. It is essential to have regulation, supervision and global coordination.

My thoughts exactly. And I think with regulation, people will trust in crypto more. Because the purpose of regulation is our sake too, right? To ensure our money is safe and that we’re protected? So yes. I am in favor of having cryptos regulated -to a certain extent. Smiley
member
Activity: 546
Merit: 21
October 16, 2018, 12:53:30 AM
Government involvement means centralized and not decentralized ,which I still feels is the only solution to balance crypto and make bitcoin more stable,more confidence to invest too
sr. member
Activity: 672
Merit: 271
October 16, 2018, 12:28:28 AM
No need for more regulations on cryptocurrency because there are some countries that relatively would not appreciate cryptocurrency to be applied in their country for some reasons on security. However, a certain country could make their own regulations and this may apply only into that country and not as unified regulations for cryptocurrency. Better be this way in creating more regulations for cryptocurrency.
See more regulations not always mean a bad thing for the crypto. It may be good if the government of your nation has accepted the bitcoin and their rules and regulations are also allowing the market to work in an efficient manner, thus leading to better market conditions. Not all the countries work this way, in fact!! There are many countries that make it difficult for the crypto currency market to function in those countries and have led many problems for the people.

PS: Regulations in many countries have led to reduced scams and also lesser darkuse of the crypto coins!
full member
Activity: 564
Merit: 100
October 16, 2018, 12:21:19 AM
This has its two-sided nature. The rules for electronic money sometimes lose its great nature. However, to be legitimate, electronic money must accept terms from the government. I think, when electronic money is accepted by the government, it may be a good step for it.
member
Activity: 462
Merit: 14
October 15, 2018, 11:29:11 PM
No need for more regulations on cryptocurrency because there are some countries that relatively would not appreciate cryptocurrency to be applied in their country for some reasons on security. However, a certain country could make their own regulations and this may apply only into that country and not as unified regulations for cryptocurrency. Better be this way in creating more regulations for cryptocurrency.
member
Activity: 378
Merit: 11
Decentralized Digital Billboards
October 15, 2018, 11:22:51 PM
After regulation we lost huge amount of "crypto enthusiasts" because this makes price of bitcoin very stable.
My vision need to start regulation from ico
full member
Activity: 938
Merit: 137
October 15, 2018, 11:20:41 PM
Government regulation should be not made because the value of market cap but because for safety peoples funds. Cryptocurrency should be have government regulation not matter market cap value below 100billions dollar because its real market and much money involve in this market
Yes, in order for Bitcoin and other cryptocurrency to go normally in the state, the state must legalize them and establish rules for circulation. Such regulation should be inevitable. However, in the future, I also believe that the states will establish additional rules of circulation; this is also inevitable. Also, I admit in the future and various restrictions on cryptocurrency, although this is not necessary. For example, Japan continues to regulate the circulation of cryptocurrencies, this is normal, since cryptocurrency is a completely new type of financial relationship.
newbie
Activity: 14
Merit: 0
October 15, 2018, 10:50:11 PM
While having wider adoption of cryptocurrencies across the world that has led to greater innovation, is vital to running businesses and societies. It is essential to have regulation, supervision and global coordination.
member
Activity: 378
Merit: 10
October 15, 2018, 07:04:15 PM
Well will see in the future if those regulations of the government will benefit the bitcoin hodlers or not. Maybe those regulations will be given a mutual advantages so that it will promote the advantages of blockchain and cryptocurrency.
jr. member
Activity: 406
Merit: 2
October 15, 2018, 07:01:23 PM
like the rules for taking part in a bounty that is getting more and more due to the increasing number of applicants, the regulations are more and more stringent, besides that there are too many requirements even though it is expected to make the forum better and have a positive impact, as well as what I believe if this happens to bitcoin with higher the price will add more investors, there will be many regulations from the country as possible or internally, but as long as it is not detrimental why not? Our obligation is only to comply, usually if we obey the rules then our path will be smooth.
newbie
Activity: 36
Merit: 0
October 15, 2018, 06:43:57 PM
I strongly believe that we need a regulated market. Once this is done, transactions will be safer and more transparent. AML BitCoin rests on a privately regulated public blockchain that facilitates AML-KYC compliance and identifies criminals associated with illicit transactions while maintaining and strengthening the privacy protections for legitimate users.
hero member
Activity: 882
Merit: 548
October 15, 2018, 04:43:45 PM
If crypto currency regulated with rules and regularions then it would be better for itself as people will do more investment on it and the popularity will increase more.

  At least cryptocurrency is honest. No really complex story behind them. They either solve issues or they do not.  They are on a path to adoption or they are not.
newbie
Activity: 14
Merit: 0
October 15, 2018, 04:11:45 AM
For bitcoin to become a global currency in the future, the government needs to have more positive rules regarding electronic money to ensure it is safe when used by everyone.
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