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Topic: What is really needed for crypto? (Read 481 times)

full member
Activity: 364
Merit: 100
January 29, 2018, 04:36:07 AM
#49
Crypto is prohibited by the government so we need to make it legal. Then, crypto (bitcoin) can be accepted in the entire world as a legal payment, as well as the government establish tax for it. I do hope, having legalized, crypto is able to force economic development and it is easier to use bitcoin
member
Activity: 505
Merit: 35
January 28, 2018, 11:43:21 PM
#48
While the government does not take its final position in relation to the crypto currency, I prefer the second way. I think that many people will choose this way. And my guesses are confirmed by the fact that now there is a strong interest in private coins.

Crypto exist because they want liberation from centralize body. The success of crypto depends on the ability of the coins from flexibility and not guided by center rule by the government. I'm not in favor of regulating the altcoins because it will be control again by the powerful countries and that's not good to small time investors.
jr. member
Activity: 126
Merit: 4
January 28, 2018, 07:37:43 PM
#47
It should be a balance in both worlds, at some point we should meet half way in terms of regulations and decentralization, right now that is the main problem that we need to solve, I believe if we can lessen  the scam and frauds so people can trust crypto more,  we can make cryptocurrencies mainstream. but the solution is still to be discovered maybe 5-10 years down the road we can make this possible
member
Activity: 658
Merit: 10
Rangers Protocol
January 28, 2018, 07:11:36 PM
#46
The government doesn't have any relationship to btc in the first place. This is decentralized mode that enabled everybody to let their personality keep in private.
I am prepare in number two as what I think bitcoin role in crypto.
full member
Activity: 238
Merit: 108
January 28, 2018, 06:56:27 PM
#45
I think the most important thing that crypto needs to have is the support of government to adopt it in countries economy because as for now legality issues is a big problem of cryptos. Since many country are against bitcoin because they are afraid of its capability to make transactions without any trace they think this can tolerate illegal acts as well as abuse of government officials and powerful people but if time comes that it will be resolve I'm sure cryptos especially bitcoin will be having a brighter future.
legendary
Activity: 973
Merit: 1053
January 28, 2018, 06:50:13 PM
#44
I think that state support should be taken. More academics should work on this technology and act together. Everything will be good for the crypto.
hero member
Activity: 798
Merit: 501
January 28, 2018, 06:35:47 PM
#43
The modern world must accept the decentralization of the cryptocurrency market and not fight it, the very appearance of such financial relations suggests that the old monetary system is obsolete and that in order to develop the world economy, we must choose a new path of development and not cling to the old. Many are tired of state control and most likely they will support the second variant of the development of events.
yes it is import that the modern world should accept the decentralization of the cryto currency market, it is now the need of the time that there must be one currency present in all over the world which have the same value everywhere and we can use it without changing it into any other currency. I think that bitcoin is the best option for that, as bitcoin is now bitcoin too much popular even in backward countries therefore we can use it as one currency in all over the world.
sr. member
Activity: 756
Merit: 251
January 28, 2018, 05:45:59 PM
#42
Both are needed to have a smooth process. Its not a secret anymore that cryptocurrencies are existing already. Its part of economic change that the government should also understand. I think we just need some serious talk between the government and these cryptocurrency authorities. To have an equal regulations to make crypto officially legal as we adapt the economic change.
member
Activity: 82
Merit: 10
January 28, 2018, 05:36:38 PM
#41
As I understand it, idea of cryptocurrency is contrary to the existing system. Of course i select the second option.
full member
Activity: 238
Merit: 100
January 28, 2018, 05:07:34 PM
#40
If you are new to crytocurrency then firstly you should get yourself registered at bitcointalk forum, secondly you have to be hard working and have to spend as much time in bitcointalk forum to search about different cryptocurrency and try to gain knowledge. Then start learning about Bitcoin trading and mining and be very selective with Altcoins. The most important thing is that you have to be very patient once you are in. Patience is the most important weapon needed in this market.
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
January 28, 2018, 05:35:39 AM
#39
The modern world must accept the decentralization of the cryptocurrency market and not fight it, the very appearance of such financial relations suggests that the old monetary system is obsolete and that in order to develop the world economy, we must choose a new path of development and not cling to the old. Many are tired of state control and most likely they will support the second variant of the development of events.

But this is exactly the beauty of decentralization. There is no one to tell you what you must and must not do. If people want to fight it, so be it, they must be allowed to do what they wish. Just look at crypto and Bitcoin, some people decided blockchains will be private. Others believe in leadership devs and centralized management of projects. Govts believe crypto will be regulated. They will all try, and they will all realize with full force that they cannot control it. Bitcoin has become very strong simply because it survives all these attacks on it. You try to kill decentralization,,, it only gets stronger.
hero member
Activity: 891
Merit: 500
January 28, 2018, 05:30:44 AM
#38
What do you think is really important for crypto development? We saw many government regulations and understand that we are dependent on them.
We have two ways:
- get adequate regulations from government, or
- go underground with decentralized exchanges,  markets and internet.
I prefer second point.  What would you choose?
A decentralized market is best for now. Anything that comes to a regulated market is bad in my book.
newbie
Activity: 121
Merit: 0
January 28, 2018, 05:22:27 AM
#37
In crypto you really need is to be patient because if you are a trader if you cant control your emotions you will be lose some money and if you are a begginer in crypto be hard work for being working on bounty and signature campaign.
newbie
Activity: 22
Merit: 0
January 28, 2018, 05:19:21 AM
#36
What do you think is really important for crypto development? We saw many government regulations and understand that we are dependent on them.
We have two ways:
- get adequate regulations from government, or
- go underground with decentralized exchanges,  markets and internet.
I prefer second point.  What would you choose?

If the coins go underground it will remain decentralized, the problem with that is it would never be accepted to be widely used. The main target is to accept the use of cryptocurrency worldwide to be recognized legally.
member
Activity: 476
Merit: 19
January 28, 2018, 05:15:08 AM
#35
The modern world must accept the decentralization of the cryptocurrency market and not fight it, the very appearance of such financial relations suggests that the old monetary system is obsolete and that in order to develop the world economy, we must choose a new path of development and not cling to the old. Many are tired of state control and most likely they will support the second variant of the development of events.
member
Activity: 490
Merit: 11
January 28, 2018, 05:08:36 AM
#34
Decentralization is really a good thing about cryptos with this no  government can take influence to cryptos and may not use it for personal gains also with this capabilities equal distribution of cryptos to all people will happen unlike if government will make such regulations surely only those who have power will have more opportunity for income which is unfair to a lot of people.
This is the principle of decentralization, all this is done only in order to ultimately simply not be able to regulate this or that process on the part of the state, because people are clever and, judging by all, they try to envisage certain variants of the development of events. I like decentralization
newbie
Activity: 27
Merit: 0
January 28, 2018, 04:56:56 AM
#33
Guys, I know that I lot of you does not like regulators, but fortunatly they are needed because of such things like the shake of the market this month. Lets face it, if there were regulators such a drop of the bitcoin would never happend. At the moment there are rumours about regulations and this is shaking bitcoin. Also, I think that we all know that Wall Street is on the Crypto market as well and with shady tacticks (for which there are now regulations at the moment in the Crypto World) and with a lot of money they are doing whatever they want with the market, making bitcoin to go up and down with 50 %. This is insane!!! If Crypto is going to change the World and the way we pay, there MUST be at least one stable coin, that do not fall for 36 hours with 50 % of its value.  Huh Huh Huh Huh Huh Huh
My opinion is, that the regulators should regulate only the big coins. The alt coins should stay without of regulations. By that way, I hope we all to have a more stable major coins and a lot of alt coins that are moving up/down, so that the market to be interesing Smiley.
hero member
Activity: 966
Merit: 500
January 27, 2018, 12:28:34 PM
#32
Decentralization is really a good thing about cryptos with this no  government can take influence to cryptos and may not use it for personal gains also with this capabilities equal distribution of cryptos to all people will happen unlike if government will make such regulations surely only those who have power will have more opportunity for income which is unfair to a lot of people.

I suppose cryptocurrency needs a great support from governments of all the countries. It will not ruin banks’ system as some consider, banks will do their own business as no one is going to say good bye to fiat money. This is best thing for people  Cool
member
Activity: 350
Merit: 11
January 25, 2018, 11:08:07 AM
#31
What do you think is really important for crypto development? We saw many government regulations and understand that we are dependent on them.
We have two ways:
- get adequate regulations from government, or
- go underground with decentralized exchanges,  markets and internet.
I prefer second point.  What would you choose?

I also choose the second option. Centralization and freedom incompatible things.
Sooner or later the government will have to reconcile with the new realities.
We are trailblazers who create a completely new market.
jr. member
Activity: 210
Merit: 1
OMNITY Knowledge, connected
January 25, 2018, 10:43:14 AM
#30
Governments and banks for long time didn't understand bitcoin and didn't take it seriously.
Now they are scared and try to put things under control, but this is actually impossible, as bitcoin was created exactly whit the intention to escape from banks and governments control.

Of course there will be a lot of big and threatening  declarations (they already started) about stopping, regulating and controlling, but at the end they will lose.

The only possibility would be a global agreement between ALL countries to stop cryptocurrencies, and to ban any kind of exchange, mining, ICO and so on... but it seems to me very unlikely.
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