Topic: Regulating agencies are quiet now! Anyone suspicious? (Read 233 times)
There is a lasting silence from the regulatory agencies of the markets, but this situation is due to the lack of consensus on how to regulate the crypto market. As soon as there is a regulation in a first country, the others will come in tow
Last year when bitcoin was on a bull run, there were multiple countries going for ban or regulating it however as we have hit a bear market which may last a few months or another year, isn't it suspicious that all those regulating agencies which were so called protector of the financial interests of their people have stopped bashing crypto for now.
Why it always gains steam in a bull market but come bear market and they creep back in their holes? Are they the ones which are busy accumulating now ?
Why it always gains steam in a bull market but come bear market and they creep back in their holes? Are they the ones which are busy accumulating now ?
I do not know if we have to really say something about it now. But I guess it is just a matter of time for them to act once more before we finally give our critics towards them. As the future of bitcoin is tgat impossible, so does these people trying to go through bitcoin.
I am far suspicious that all the clamor for cryptocurrency regulation by government suddenly slowed down. I am only quick to realise that government will only be around if cryptocurrency is booming. At the moment, the price of cryptocurrencies is down and I am sure we will certainly start hearing about regulations again once there is a sustained uptrend.
We are now in July and I expected to here much about cryptocurrency regulation as scheduled for G20 summit.
I have pondered over this too as it seems to be the trend with the regulatory agencies and governments. Anytime the market is bullish, you see the government make a move to regulate it because they see it as a threat as more people are attracted to it but once they achieve a price decline, they are silent. I hope the governments don't have any selfish interest connected to this.
I have pondered over this too as it seems to be the trend with the regulatory agencies and governments. Anytime the market is bullish, you see the government make a move to regulate it because they see it as a threat as more people are attracted to it but once they achieve a price decline, they are silent. I hope the governments don't have any selfish interest connected to this.
It's just a normal behavior for a group of employees. During the bear market, things get better and fewer people spend more than their money. It is not quite this year, with many countries choosing to fight the scams of the ICO.
As btc prices start to rise, most employees will start screaming that it is a bubble and calling people away from them. So funny
Probably they don't want to accept the success nd the high price of bitcoin. But, then again I also find it suspicious.
Last year when bitcoin was on a bull run, there were multiple countries going for ban or regulating it however as we have hit a bear market which may last a few months or another year, isn't it suspicious that all those regulating agencies which were so called protector of the financial interests of their people have stopped bashing crypto for now.
Why it always gains steam in a bull market but come bear market and they creep back in their holes? Are they the ones which are busy accumulating now ?
Why it always gains steam in a bull market but come bear market and they creep back in their holes? Are they the ones which are busy accumulating now ?
No, I don't think that regulators can buy or invest in something they have to regulate. For me, the cause is that now the media speak less about bitcoin than when its price was higher and that's why politicians talk less about bitcoin than before.
these agencies are just like the fly of milk, as long as the milk is there they will stay and when it will going to finished they will disapper.
Once the market hit increases they will bounce out of fear to start pushing news that will affect the market and scare people away from investing in crypto
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Ofcourse not,they are quiet because they have already made what they need to do,they're banning and regulations policies,so what do want to happen all of the countries act as what they did?common i know you dont want that to happen so let them keep silent as we are starting to make our own moment this days
Some of the regulations are good for the average people, they will fall for less scammy ICO-s, hopefully.Ofcourse not,they are quiet because they have already made what they need to do,they're banning and regulations policies,so what do want to happen all of the countries act as what they did?common i know you dont want that to happen so let them keep silent as we are starting to make our own moment this days
Some countries have not banned bitcoin because they were fine with the regulations, so somehow it seems that the regulations have saved bitcoin from the worldwide ban.
People have to understand that majority of the average people won't be an ICO expert, so they need to have something they can rely on. If the regulation help the average joe to adopt bitcoin as a form of payment, this can be helpful for the mass adoption too.
Of course, if I write regulation, I don't mean the restrictive regulations but the supportive ones, e.g. in Germany in the EU, etc...
Because in a bear market, people don't pay much attention to the cryptocurrency market.
So in my view, when no one is watching, the regulators are not paying much attention to the market.
So in my view, when no one is watching, the regulators are not paying much attention to the market.
They are just waiting for the rise of the price and when they find it positive i think they will again become active.
Last year when bitcoin was on a bull run, there were multiple countries going for ban or regulating it however as we have hit a bear market which may last a few months or another year, isn't it suspicious that all those regulating agencies which were so called protector of the financial interests of their people have stopped bashing crypto for now.
Why it always gains steam in a bull market but come bear market and they creep back in their holes? Are they the ones which are busy accumulating now ?
Why it always gains steam in a bull market but come bear market and they creep back in their holes? Are they the ones which are busy accumulating now ?
Because for me those noisy regulators are quiet now because most of the countries are done regulating Bitcoin that most of them already declared it a legal or they have already decided to support this investment so it is natural that the noise will be reduced too. Then only few countries are remaining actively regulating because some are still in doubt and some are still in regulating process.
Last year when bitcoin was on a bull run, there were multiple countries going for ban or regulating it however as we have hit a bear market which may last a few months or another year, isn't it suspicious that all those regulating agencies which were so called protector of the financial interests of their people have stopped bashing crypto for now.
Why it always gains steam in a bull market but come bear market and they creep back in their holes? Are they the ones which are busy accumulating now ?
Why it always gains steam in a bull market but come bear market and they creep back in their holes? Are they the ones which are busy accumulating now ?
They are quiet because the bitcoin price is kinda low.When the price starts to increase and it gets closer to the previous ATH,all the agencies will start yelling that this is a bubble and people will lose all their money,if they invest in Bitcoins.I wouldn`t say suspicious,it`s just a normal behaviour for a bunch of clerks.
Maybe you are right. When the prices were high, everyone was after Bitcoin. Now when the prices are low, they are nowhere to be seen.
if you check with Google, the regulators are never quiet.
At that point, cryptocurrency is a new revolutionary economic system that hasn't yet regulated, but the demand is high, and the hype. Mainstream haven't yet well-understood cryptocurrencies in general. And I believe the government agencies just want to play it safe.
Are they the ones which are busy accumulating now ?
I think those regulating agencies are not busy accumulating bitcoin at all, it's just that there is less attention to crypto in general right now when compared to the attention it got when it was near the all-time high. For this reason, they don't see any point in taking action now(because they believe only a few people are getting involved in crypto today) making them think that most of the people heed their warning.
Sometimes I really don't understand what they actually do. In the good time of market, we can see their positive response regarding the market and industry. But it is really shocking that in the depression of market they remain silent.
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