Topic: regulation n altcoins' future? - page 2. (Read 213 times)
yeah...I'm just worried that regulations in specific countries affect world crypto market lol
I think each gov can regulate crypto businesses in their jurisdiction and thats not a bad thing
But one gov can't easily regulate decentralised projects or bitcoin, just the use in that country but banning it is not the way forward and will backfire on the gov
But one gov can't easily regulate decentralised projects or bitcoin, just the use in that country but banning it is not the way forward and will backfire on the gov
Regulation of the crypto market is perhaps the main risk for the crypto market today. Governments of different countries want to control the crypto currency - this is natural. They always try to control everything, so as not to lose their power and power. In this situation, the strongest coins and projects will survive!
Now that India, Korea and China has banned cryptocurrencies does not mean that there will be no more future for crypto. I think in 2019 more countries will follow their trend and bann crypto but has a promosing bullish market. And it will probably end this month very soon. 
I would like to correct you at one point that only China is fully banning Bitcoin and other cryptocurrencies as of today. South Korea isn't banning cryptocurrencies, only anonymous trading, minors and foreigners in that country cannot participate in cryptocurrency trading. As for India, yes they are not classifying cryptocurrencies as legal tender, but the ban is not in full effect yet. It only creates FUD everywhere, but now Bitcoin and other cryptocurrencies are soaring again towards $9k.
Maybe after Chinese New Year, it will surge back to more than $10k. US regulators will resume their positive talks to the Senate, SEC and CTFC. The most important thing is that they are not laying the axe on Bitcoin and other cryptos.
Now that India, Korea and China has banned cryptocurrencies does not mean that there will be no more future for crypto. I think in 2019 more countries will follow their trend and bann crypto but has a promosing bullish market. And it will probably end this month very soon.
I believe that recently there are so many altcoins all over the world, they have their own role. In the future, people can use them in real life I think.
However, many countries try to regulate cryptocurrency market today.
Especially, some countries heavily force the market, such as a lot of taxes and shutdown exchanges.
How about effects of these regulations on altcoins' future?
It seems not that good in a short term. How about in a long term?
However, many countries try to regulate cryptocurrency market today.
Especially, some countries heavily force the market, such as a lot of taxes and shutdown exchanges.
How about effects of these regulations on altcoins' future?
It seems not that good in a short term. How about in a long term?
It's all a very complicated thing. There is no doubt that governments will be trying to prevent of crypto revolution because it threatens to their power. I believe that due to their efforts many projects will die. But the only who survive will become a real leader in the industry.
I believe that recently there are so many altcoins all over the world, they have their own role. In the future, people can use them in real life I think.
However, many countries try to regulate cryptocurrency market today.
Especially, some countries heavily force the market, such as a lot of taxes and shutdown exchanges.
How about effects of these regulations on altcoins' future?
It seems not that good in a short term. How about in a long term?
However, many countries try to regulate cryptocurrency market today.
Especially, some countries heavily force the market, such as a lot of taxes and shutdown exchanges.
How about effects of these regulations on altcoins' future?
It seems not that good in a short term. How about in a long term?
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