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Topic: Need bitcoin control? (Read 1372 times)

full member
Activity: 448
Merit: 100
January 29, 2019, 06:07:35 AM
we all need bitcoin control, because we have to really be able to manage our income and also share our own profits, bitcoin prices are now unstable, we must be smart in controlling bitcoin coins
legendary
Activity: 2912
Merit: 1068
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January 29, 2019, 06:29:16 AM
I don't think that new cryptocurrencies that appear all the time endanger Bitcoin idea or Bitcoin itself. It's the free market. Although I beleive that Bitcoin will always stay some referent value for all other cryptocurrencies
As far as control is involved, Bitcoin is decentralized and will so. Nevertheless, I think that we need some kind of regulation that will give Bitcoin some legitimate nature and involve it formaly into economy system.
newbie
Activity: 12
Merit: 0
December 19, 2018, 09:28:33 PM
but do you think anyone can control this
full member
Activity: 812
Merit: 100
December 19, 2018, 08:37:32 PM
In the foreseeable future, each developed country will create its own crypto currency, provided by the national currency.

How much can this contradict the very idea of ​​Bitcoin as a free, decentralized system?

Need cryptocurrency state control?




Although many countries will creating their own cryptocurrency, i believe when they want to trade with other cryptocurrency, they will need
to convert their crypto to bitcoin first. Bitcoin is a global and international cryptocurrency, everyone can use it unlike national currency (their own crypto). So, it won't contradict if there are many countries creating their coin.
full member
Activity: 490
Merit: 101
December 19, 2018, 05:20:51 AM
Talked and accurately raised the issue. What is the essence of the cue ball?

Why does he even need someone?

For me, this is an experimental value system with distributed consensus.

This is the greatest invention since gold became money.

I understand the despondency of those who first heard about the cue ball and the crypt at the end of the 17th beginning of the 18th,

but those who remember 14 and do not know why he needs it all, just a clinic.
legendary
Activity: 1218
Merit: 1007
December 19, 2018, 04:36:07 AM
I think cryptocurrency state control is no need. I read a lot of articles about the state control.
That it may help new investors to come in the crypto market. But it's just one opinion, right?
State control of cryptocurrency will be contrary to the idea of cryptocurrency.
sr. member
Activity: 700
Merit: 250
December 17, 2018, 09:08:32 AM
bitcoin needs to control what else is alcoin that has many types, crypto will be stronger if there is control in each country, because it will minimize fraud

now indeed there are quite a lot of circulating altcoins in circulation. indeed, every country should be controlled so that the outstanding altcoins can be better, and not carelessly in developing an outstanding altcoin.
newbie
Activity: 14
Merit: 0
December 17, 2018, 09:00:02 AM
The possibility of a cryptocurrency is it's decentralisation and it's not practical to create a lot of coins. It really will contradict the idea of Bitcoin. The cryptocurrency will stop to be any different than a paper currency
newbie
Activity: 28
Merit: 0
December 17, 2018, 05:44:49 AM
Bitcoin is decentralised in a way that data are forwarded from a block to a block in the chain without the possibility for the whole system do get hacked and jeopardized. I don't know what will control bring to the coin, what kind of benefit and who will benefit out of it. If we are looking for it to be nationally accepted and supported by the governments, some kind of compromise will probably have to be made.
newbie
Activity: 26
Merit: 0
December 17, 2018, 04:07:07 AM
I think No. because bitcoin is decentralized token!so it couldn't
jr. member
Activity: 167
Merit: 2
December 17, 2018, 03:52:14 AM
bitcoin needs to control what else is alcoin that has many types, crypto will be stronger if there is control in each country, because it will minimize fraud
full member
Activity: 280
Merit: 100
December 17, 2018, 03:27:28 AM
           What would be the reason for each country to create their own cryptography currency? We are currently at the opposite pole, where many countries are trying to ban bitcoin or some other business. The governments of the countries want a currency they can control and manipulate as they please. Unfortunately for them, the crypto market largely uses a decentralized system, so it can not be controlled. Even if that were the case, Bitcoin would not suffer.
member
Activity: 546
Merit: 10
December 17, 2018, 01:04:46 AM
The original bitcoin idea can no longer exist. The idea could exist only when Bitcoin was not known worldwide.
newbie
Activity: 10
Merit: 0
December 16, 2018, 11:39:24 PM
how to control. i don't understand anymore. can you explain me
sr. member
Activity: 504
Merit: 250
December 15, 2018, 12:51:26 PM
I think bitcoin, if it becomes a legal tender, does need control to avoid illegal business practices and regulate the market.
hero member
Activity: 562
Merit: 500
December 15, 2018, 12:26:50 PM
Every state must control means of payment. If it does not have any control then sooner or later there will be a mess.
hero member
Activity: 1834
Merit: 566
December 15, 2018, 11:42:10 AM
If there are governments have created coins with their own currencies, I think those coins will still be decentralized and eventually they who created the coins won’t be able to control the coins like other altcoins because I'm sure the coins will move based on demands.

What are you saying? Every crypto currencies that is ever made is decentralized, the reason it is called a crypto currency. They will not be able to control it but they can do something to affect or influence it. The price moves on demand, yes but the reason it is a volatile crypto currency is because of its decentralization.
Well, it not every crypto currencies that are decentralized because the last time I checked XRP,NEO and EOS are both centralized coins and if it happen that the government of each developed countries create their own national crypto currency then they make it a centralized coin because we both knew the government like have power over things which is why they see bitcoin as threats.
member
Activity: 420
Merit: 10
December 15, 2018, 11:27:49 AM
Yeah, I think states definitely need to regulate the creation of federal-backed cryptos, so as to deter the creation of the "hyped" ones or those created only to scam, just like in ICOs. This is the one of the reasons for the devaluation of crypto prices and is also responsible as to why many people who have not enough knowledge about crypto refuse to adapt it. It creates FUD inside and outside the market. And this very same situation will also happen in different states once it is not regulated.
sr. member
Activity: 1638
Merit: 300
December 15, 2018, 11:08:49 AM
If there are governments have created coins with their own currencies, I think those coins will still be decentralized and eventually they who created the coins won’t be able to control the coins like other altcoins because I'm sure the coins will move based on demands.

What are you saying? Every crypto currencies that is ever made is decentralized, the reason it is called a crypto currency. They will not be able to control it but they can do something to affect or influence it. The price moves on demand, yes but the reason it is a volatile crypto currency is because of its decentralization.
hero member
Activity: 535
Merit: 500
December 15, 2018, 11:01:00 AM
If there are governments have created coins with their own currencies, I think those coins will still be decentralized and eventually they who created the coins won’t be able to control the coins like other altcoins because I'm sure the coins will move based on demands.
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