Topic: Regulation of Bitcoin - page 13. (Read 1232 times)
Many govt. are concern about crypto currency where as usa, Russia also gives this facilities to use so they think its should be regulated because based on this many crimes are happening and if they expose taxes in here then the users have to pay lots of money based on this investors may decrease.
the existence of regulation for bitcoin seems to make bitcoin very good and safe to use because it already has regulation and bitcoin will be very expensive from the existence of it.
I also agree more if bitcoin is regulated by an authorized institution. I prefer bitcoin to be made system centralized and not anonymous. This is to minimize bitcoin used as a crime. If the bitcoin is not set then I pity the bitcoin users who are beginners or bitcoin users with little capital because they can be the target of big bitcoin investors to be panicked so they do "panic sell" or "panic buy". When in fact, it's part of their strategy to do market manipulation.
Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ?
I think regulation needed for bitcoin trade. With regulation, many investor will more believe on bitcoin as investment. Beside that, with regulation investor in cryptocurrency more protected and feel safe with their investment
Numerous countries have launched major crackdowns. And many more might be coming. Bitcoin has been surging and falling in recent weeks. And it seems mostly to come down to one thing: regulation.
The lack of regulation is, for now, a large part of bitcoin and other cryptocurrencies’ intrigue: they seem to allow people to avoid the traditional restrictions in place in money and other assets. But they’re also part of their bad reputation, with the same anonymity and decentralisation allowing them to be used for crime.
Many governments have suggested they could introduce such rules. But it’s still not clear what they’d look like, or how they’d arrive.
The lack of regulation is, for now, a large part of bitcoin and other cryptocurrencies’ intrigue: they seem to allow people to avoid the traditional restrictions in place in money and other assets. But they’re also part of their bad reputation, with the same anonymity and decentralisation allowing them to be used for crime.
Many governments have suggested they could introduce such rules. But it’s still not clear what they’d look like, or how they’d arrive.
we know for ourselves that bitcoin can not be regulated by the government because bitcoin is individual and government can only monitor the development of bitcoin itself and according to bitcoin regulation should be legarized because it will also provide benefits
according to this statement the bitcoin are already registered at sec?
After months of rumors that US financial regulators might come for cryptocurrencies, the Security and Exchange Commission (SEC) has issued dozens of subpoenas (paywall) and information requests to companies involved in crypto markets.
In a statement today (March 7), the SEC argued that digital assets, like coins and tokens offered and sold in initial coin offerings (ICOs), fall within the definition of a “security” under US security laws.
After months of rumors that US financial regulators might come for cryptocurrencies, the Security and Exchange Commission (SEC) has issued dozens of subpoenas (paywall) and information requests to companies involved in crypto markets.
In a statement today (March 7), the SEC argued that digital assets, like coins and tokens offered and sold in initial coin offerings (ICOs), fall within the definition of a “security” under US security laws.
if the governmetns issue some regulations about btc than the price will become more stable in my opinion and people would have much more confidence in market as it will be officially regulated.
The rule in my opinion is a new policy that must be made by governments for that communities to comply so when the government does not formalize the existence of bitcoin automatically people do not dare use digital currency as payment process in that country.
Regulation would be the only way which would lead to mass adoption and we have already seen this in Japan.I would say that regulation is far better than completely banning bitcoin.Regulation would make even the traditional investors to invest in bitcoin.
Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ?
as long as there is blockchain, I think it would be useless to give regulation to bitcoin. Because basically all the databases are in the blockchain ledger.Slightly a lot of regulation will also affect the price changes, moreover until now no bitcoin balance price has been found because price fluctuations are still very sharp. There is still a possibility for the price to go up or down.
Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ?
Always i answer every time asking mine about regulation for the crypto currency i'm not favor on that idea but if regulation are the solution for the cryptocurrency become stable and legal at all countries worldwide.
Nowadays many countries are accepting btc based on this they may apply some rules and regulations which may affect on price because if they accept the price of btc will increase because many people can use this also govt. can charge tax so that they will earn money also befits & their economy will improve too.
Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ?
The attention of governments and financial regulators around the world to try to regulate Bitcoin and other cryptocurrencies greatly affects bitcoin prices. Because the tightening of rules usually makes investors rush to sell coins owned, thus creating price instability and wild changes in the market. Drastic policy changes can have a major impact on the direction of short-term price movements. While in the long run, the impact may be different from the short-term effect rhythm. 
i think regulations like everything has its advantages and disadvantages. If we talk about advantages, regulations will provide safety for fair investors. ICO will be more responsible and hopefully we'll see much less scam ICOs than we do now. Although the worst disadvantage of regulations is that crypto world will be controlled by "Big Brother", the freedom of this new crypto world will definitely become limited.
To justify taking away your choices because of what you 'might' do in the future/pre crimes.Even taking street drugs is only statute violation it is not UNLAWFUL as there is no injured party.
may governments want's to regulate it, but it is the beauty of cryptocurrency that it's not regulated and free at the same time. regulation will harm it i guess.
Regulations are bullshit. It's just an excuse to control your money. Because cryptocoins are outside the government taxes reach, they are trying to get some for them.
This is an agenda of socialist states. That's all.
Our cryptomoney is OURS only. Don't let the government get them.
This is an agenda of socialist states. That's all.
Our cryptomoney is OURS only. Don't let the government get them.
I don't agree with this at all and you mentioning 'socialist states' doesn't make me want to believe you either.
I think it's fairly logical that crypto should be somewhat regulated, regulations aren't always a bad thing.
Especially when you see how successful it could be to get some form of regulations for cryptocurrency.
Take Japan as an example, crypto is booming there since they've issued clear regulations for crypto.
Regulations shouldn't be draconian, but should provide us with clear guidelines on how crypto is taxed and possibly add rules for tax exemption in some cases (for long term investments for example).
I have no problem paying taxes, there are enough public expenses that I'll gladly pay for.
Sources:
http://www.atimes.com/article/survey-shows-japans-crypto-sector-continues-boom/
http://bitcoinist.com/bitcoin-boom-japan-97-billion-one-month/
Regulations is the kind of law where the state control the regulated thing through a lot of limitations and fees. Moral laws only make some rules so people can do that thing better.
Regulations stop the free market capitalism, harming it and taking out the individuals freedom. Moral laws protect the individuals and moralize the capitalism.
For example, regulations at Brazil restrict telephonic companies with a couple of rules which they need to follow so they can start to sell. These rules are arbitrarian and only benefits big companies, letting small companies die, because they can't compete. If the laws were only moral, the rules would be minimal to protect the CONSUMER and the fair competition. not the big companies.
Yes, socialists states like to use regulations to control everything. They are doing this at many countries, including here in Brazil. Don't underestimate them.
Regulations are bullshit. It's just an excuse to control your money. Because cryptocoins are outside the government taxes reach, they are trying to get some for them.
This is an agenda of socialist states. That's all.
Our cryptomoney is OURS only. Don't let the government get them.
This is an agenda of socialist states. That's all.
Our cryptomoney is OURS only. Don't let the government get them.
Of course the government want to control that funds. Just imagine — you're living in the country but sending a huge sums of money abroad. And receiving them. That's not damn normal. Also you isn't paying any taxes on that but spending an electricity and using some government-provided things like medicine or just owning the land/property of that country.
the government can not regulate and control blockchain system and crypto volatility, but government regulation can help to stabilize the market and also make preventive measures when crypto is used to commit criminal acts.
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