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Topic: WHY PANIC? Regulation talks are positive - page 3. (Read 503 times)

jr. member
Activity: 55
Merit: 1
KRIPTON
sr. member
Activity: 546
Merit: 256
Yeah, peoples seems to be panic. i don't know the fud that was spread.
but i suggest all of us to keep calm and holding. because if we holding, the price on the market won't go worse.

Holding a digital currency doesn't mean that that investment will be having a good pump, it still depends on how the currency moves in the market. As far as I know holding doesn't really help the price to pump.
full member
Activity: 854
Merit: 140
Most regulation talk is just about idea but not about how they will achieve it and mostly it will be years until regulation been finalized around the world and depends on the countries. Most countries agreed to apply tax regulation towards bitcoin but still banning ICOs and don't recognize cryptocurrencies. So what does it sounds to you? In one hand they will reap what you sow but they won't admit what you sow until now as an item.  Grin Grin
hero member
Activity: 686
Merit: 521
As far as I know people are panicking because of the strong regulations back home and some are being taxed high for using cryptos and for others I think they are not reading the right news with is positive for everyone else and I see demand raising once these regulations people fear are laid out and understandable to everyone.
full member
Activity: 602
Merit: 100
no need to panic! this fall and these negative news is a temporary phenomenon! I am sure that soon everything will return to normal and good growth will begin! Crypto market is the market for the patient! now serious players try to knock out weak hands from the game! Let's see what G20 will say, I think there will be positive regulatory laws!

Well, we people are different and we can't avoid that some of us will be driven by their emotions to be panic. There are so many issues right now and maybe this is one of the many reasons why crypto is down. For those who already knows how the crypto behaves I think they are the one who are not panicking in times like this.
newbie
Activity: 10
Merit: 0
Still, no one has the specific reason why the prices are falling down of all cryptocurrencies but I think it is a market phenomenon. Good days will come very soon. Cool
full member
Activity: 840
Merit: 105
Buzz App - Spin wheel, farm rewards
at this time we do not need to panic with the price of crypto currency is very low. we do not have to believe the bad news about kripo, now all that has to be done is to push the crypto currency to recover. we can do this by adding investors to buy bitcoin, besides we also have to promote bitcoin to our brothers and friends to join in crypto currency.
member
Activity: 364
Merit: 13
regulation had to occur at some point of time.
People fear the unknown and I believe that this is not the only reason of crash , there is also TA behind it .
member
Activity: 378
Merit: 10
no need to panic! this fall and these negative news is a temporary phenomenon! I am sure that soon everything will return to normal and good growth will begin! Crypto market is the market for the patient! now serious players try to knock out weak hands from the game! Let's see what G20 will say, I think there will be positive regulatory laws!
hero member
Activity: 2002
Merit: 535
There are two ways of looking at this,there are people who started using this platform simply because they are away from the government regulation and they cannot control anything and the expected future investors does not care about the reason the market started in the first place as they wanted profit.
newbie
Activity: 252
Merit: 0
I am not panic i am just keep watching and stay hodl all my coin
member
Activity: 476
Merit: 17
That is unadulterated hypothesis however instead of following what's originating from the discussions, nobody needs to prohibit it, they are plainly saying they need to empower it's development while security against illegal tax avoidance, you can search about the g20 bitcoin talks and channel in the course of the most recent week to perceive what different nations are stating, they've likewise truly all around concurred direction will be surrendered over to nations and no global approach will work.
In addition to G20, the governments of other countries did not speak out negatively about cryptocurrencies and did not state their strict regulation. The news background regarding bitcoin and all cryptocurrencies is quite positive, at least not negative. I also adhere to the view that the fall in prices for cryptocurrency is due to the actions of speculators, traders and those who decided to drop the price of bitcoin to buy it cheaper. And those who panic and immediately sell their cryptocurrency and buy fiat has always been a lot. Just everyone needs to understand that these temporary price jumps do not matter in the long term, because the price of the same bitcoin rises several times each year and no one remembers that its price has already been dropped so many times that many started to talk about the death of cryptocurrencies.
member
Activity: 350
Merit: 10
Well it depends on the level of regulation. If they severely restrict who can transact or even outlaw bitcoin then we could be in trouble. Banning or restricting ICOs would also have a negative impact because a lot of the money transacted inc cryptos is being fueled by ICO investment etc. If suddenly they become a heavily restricted market with KYC regulations etc then a lot of them will die off or find it hard to get investors.
The problem is that it always starts like that. at first they will introduce a small amount of regulation in order to not bring a lot of attention to it and then as time passes they are going to turn up the regulation to the point in which you will no longer be anonymous anymore when transacting cryptocurrencies, that is the real risk.
legendary
Activity: 2338
Merit: 10802
There are lies, damned lies and statistics. MTwain
Regulation should be healthy for cryptocurrency in the long run, since it should fortify cryptocurrency against day to day fud and bad news. The problem is how long it will take to get there, because we will get there, and just how many more news are going to affect the crypto market negatively along the way.

Each announcement is, as of late, stopping market resurge, not giving it enough time to recover the loss from the previous bit of bad news. The sooner regulation comes, the better for the market (another discussion would be how regulation should be enforced, how it applies on a per country base and so on).

Once that bridge is crossed, grass should be greener on the other side. There will probably be a large rebound after that and eventually a more stable market with less massive ups and down. Then we’ll be able to focus on cryptocurrency evolution and utility being the driver to price.
member
Activity: 420
Merit: 14
MMOCoin-For-Gamers-&-Traders
Most governments and central banks do not want to recognize bitcoin as an asset or as electronic money, but they want to regulate ICO and the entire industry, that's impossible. I think panic is spread by central banks, because bitcoin is a direct threat to them.
full member
Activity: 504
Merit: 102
jr. member
Activity: 211
Merit: 1
I agree with you. If the government's agenda is for security then why not. But some people especially those who have doubt in crypto are backing out and pack their money back, you really can't blame them. For they invest in higher price and seeing their money shrink is quite depressing. It's okay, the cheaper it gets, the more investors are capable to invest. Lower price, higher chances.
newbie
Activity: 98
Merit: 0
member
Activity: 532
Merit: 13
With fiat countries look for a paper trail to be able to see where funds have come from and where they go. I believe countries will look for same with crypto to prevent laundering and payment of taxes.
member
Activity: 336
Merit: 10
There are people who don't believe in the news, and check everything 10 times. Others succumb to panic, hearing the news from third parties. All people are different, I personally Hold.)
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