WHAT IF the GOVERNMENT wins over BITCOIN? - page 19.

mladakar

newbie

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Quote from: Jacsnuffles on March 04, 2018, 12:34:15 PM

Be ready and aware that 2018 is the year of regulatory reckoning. Countries around the world are trying to determine how they are going to treat cryptocurrencies. Securities and Exchanges Commission (SEC) has halted several ICOs and hinted at the need for greater crypto regulation.

I am into cryptocurrency because of freedom, I can't deny to myself that I have worries regarding this issue. And as an investor, I really have no choice but to stay with crypto once the governments around the world have control to cryptocurrencies (if that became possible).

So as much as we can, also invest with physical properties with what you've earned. For we don't know what will happen next with our money in the digital world.

This is not an advice. It's simply a shared idea.

How about you? What do you have in mind? Undecided

Many countries are passing laws against bitcoins as they fear that it will replace their currency. But I think that they will eventually realize the importance of bitcoins and change their mind.

Isaacck

member

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Merit: 10

In the event that Government will win against bitcoin. There may be a sudden change in the measure of bitcoin. For beyond any doubt government will control it.

notyours

sr. member

Activity: 462

Merit: 250

Yes today many improvements have been made to improve the crypto currency. And rightly we should not give all our money to investment in crypto currency. Because we do not know what's going to happen next year if the government really does have the power to control the Bitcoins and its altcoins. I'm sure this is one of the bad things that can happen because our freedom will be gone.

Xester

hero member

Activity: 994

Merit: 544

Well the government is already dominating bitcoin and there will be no chance that bitcoin can overcome the government. Before bitcoin can enter into a country, its either the government will ban or accept and place regulations. Since bitcoin is a currency and the government is a governing body, bitcoin cannot but must comply to the laws and regulations of that certain country.

15putriutami

newbie

Activity: 127

Merit: 0

There is nothing we can do about it. If indeed the government really can control the bitcoin i think it's better to keep the price stable.

wndrbr3d

hero member

Activity: 914

Merit: 500

How do you imagine this to yourself? This is not not profitable for any government: every crypto investors or just people which businesses are connected with crypto sphere will hide this fact and become a parts of black market.

minldem

member

Activity: 252

Merit: 10

I agree with your argument, it will definitely better to invest also current/conventional investment tools but I don't think bitcoin will be destroyed completely by governments. At least, if they regulate bu banning bitcoin, digitized system will still be alive as it is seen a powerful different solution to alternate systems.

lucy94

newbie

Activity: 126

Merit: 0

My country is changing things for good, so there is a chance it will get legalized, fingers crossed.

boksoon

newbie

Activity: 266

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Quote from: Jacsnuffles on March 04, 2018, 12:34:15 PM

Be ready and aware that 2018 is the year of regulatory reckoning. Countries around the world are trying to determine how they are going to treat cryptocurrencies. Securities and Exchanges Commission (SEC) has halted several ICOs and hinted at the need for greater crypto regulation.

I am into cryptocurrency because of freedom, I can't deny to myself that I have worries regarding this issue. And as an investor, I really have no choice but to stay with crypto once the governments around the world have control to cryptocurrencies (if that became possible).

So as much as we can, also invest with physical properties with what you've earned. For we don't know what will happen next with our money in the digital world.

This is not an advice. It's simply a shared idea.

How about you? What do you have in mind? Undecided

For me Bitcoins is great it was Blessings for me coming from god, I know that all of us are same ambition to become wealthy person in behalf of Bitcoin. That's exactly my 100% perception Since when I start using bitcoin until it was a little profit from it I really thankful for them. I'm very disappointed if Government totally ban and totally closure of Bitcoin System Database because of their strict regulation from government. All ambition and all of our effort are useless if it will gonna be happen. I hope that Bitcoin will stay dominated and our support is necessary to become bitcoin more additional stability.

vendy86

full member

Activity: 490

Merit: 106

i think you worry too much.
first, some country already legalize bitcoin and cryptocurrency generally
second so many online payments that already accepts bitcoin, such as skrill.
so as long exchange still exists and demand still high, nothing to worry about.no need to spread more fud when Bitcoin at bullish.

virasog

legendary

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Merit: 1159

Leading Crypto Sports Betting & Casino Platform

It will never happen. They can't win over bitcoins. Its not in under control. You know the bill gates statement ? Bill said " Bitcoin is unstoppable " which cleared that there's no power who can wins over it. Main problem is banning bitcoin sites like wallets and so ICO which gives ability to invest our coin and increase there value by selling coins later at exchanges .Chinese government tried their best to stop bitcoin but fail at the end, but they still manage to ban the use of ICO.

seanskie18

full member

Activity: 391

Merit: 100

SOL.BIOKRIPT.COM

For me government won't win over bitcoin. Maybe they will add more taxes on the process of converting bitcoin to fiat but they can't replace it or totally ban it. If possible bitcoin ban in our country I will still earn and work bitcoin where the country legalized it.

Raven91

sr. member

Activity: 518

Merit: 250

Quote from: Jacsnuffles on March 04, 2018, 12:34:15 PM

Be ready and aware that 2018 is the year of regulatory reckoning. Countries around the world are trying to determine how they are going to treat cryptocurrencies. Securities and Exchanges Commission (SEC) has halted several ICOs and hinted at the need for greater crypto regulation.

I am into cryptocurrency because of freedom, I can't deny to myself that I have worries regarding this issue. And as an investor, I really have no choice but to stay with crypto once the governments around the world have control to cryptocurrencies (if that became possible).

So as much as we can, also invest with physical properties with what you've earned. For we don't know what will happen next with our money in the digital world.

This is not an advice. It's simply a shared idea.

How about you? What do you have in mind? Undecided

there are possibilities that the government may win over bitcoin because it can not enter a country without passing by the government but then because the government benefits with the taxes coming from the bitcoin it won't also let the government that bitcoin will be turn off or be gone in the country so to conclude bitcoin is still wins over the government.

MS.LAWLIET

full member

Activity: 221

Merit: 100

Quote from: Jacsnuffles on March 04, 2018, 12:34:15 PM

Be ready and aware that 2018 is the year of regulatory reckoning. Countries around the world are trying to determine how they are going to treat cryptocurrencies. Securities and Exchanges Commission (SEC) has halted several ICOs and hinted at the need for greater crypto regulation.

I am into cryptocurrency because of freedom, I can't deny to myself that I have worries regarding this issue. And as an investor, I really have no choice but to stay with crypto once the governments around the world have control to cryptocurrencies (if that became possible).

So as much as we can, also invest with physical properties with what you've earned. For we don't know what will happen next with our money in the digital world.

This is not an advice. It's simply a shared idea.

How about you? What do you have in mind? Undecided

in my opinion government cant win over bitcoin, maybe they can add taxes on the process of converting bitcoins to fiat but they cannot totally banned bitcoin, if ever the government banned bitcoin i will still earn bitcoin and spend it in countries where bitcoin is legal.

azisdoank

newbie

Activity: 171

Merit: 0

well i think government suicide in getting control over bitcoin, the crypto-currency market will fall to the ground because their will be alot of policy which they will implement which will be of their own benefit and not to the interest of the people. and the market being control by an individual or government agent can hiding the investors/traders, their will be alot of taxation in the business which no one will like to pay and government has high funds but they are not strong enough to regulate the cryptocurrencies in which the largest community is bitcoin

btcCoincart

newbie

Activity: 308

Merit: 0

FUD and FUD!
The bitcoin price will go down down and down!!!
But what ever, just hold it until you make some profit, just sell the news LoL!

basyang

full member

Activity: 644

Merit: 100

Quote from: Jacsnuffles on March 04, 2018, 12:34:15 PM

Be ready and aware that 2018 is the year of regulatory reckoning. Countries around the world are trying to determine how they are going to treat cryptocurrencies. Securities and Exchanges Commission (SEC) has halted several ICOs and hinted at the need for greater crypto regulation.

I am into cryptocurrency because of freedom, I can't deny to myself that I have worries regarding this issue. And as an investor, I really have no choice but to stay with crypto once the governments around the world have control to cryptocurrencies (if that became possible).

So as much as we can, also invest with physical properties with what you've earned. For we don't know what will happen next with our money in the digital world.

This is not an advice. It's simply a shared idea.

How about you? What do you have in mind? Undecided

Lets look in the bright side of it. If the government regulate the bitcoin, its a sign that the government finally see the worth of cryptocurrency and maybe its a way to accept it in one country. And it is a big opportunity to us and to the investor, once the government is involve in the world of digital currency.

WebTera

member

Activity: 322

Merit: 10

I still do not think that absolutely all States will be able to ban bitcoin, as there are already countries that have adopted it. Therefore, our prospects are not so bad.

mariangpalad

member

Activity: 196

Merit: 10

Protocol and Token to Reinvent Skill Validation

Surely things will be much more complicated as the big players has started to take their profits which is why we see some pullbacks on bitcoin's value.As far i know governments doesnt seems to be alarmed that is cryptocurrencies are growing massively.If government will ever going to restict these currencies many people are gong to jump off.

salterious

full member

Activity: 258

Merit: 100

The revolutionary Export system/One-click Export

I don't think they can control the whole system, not unless they do it under duress and force. And if they go that route, then we are no better than the dictatorships in the world as far as I am concerned.

Topic: WHAT IF the GOVERNMENT wins over BITCOIN? - page 19. (Read 2549 times)