Will bitcoin Die because of global Regulations? - page 17.

adejoke444

newbie

Activity: 224

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Bitcoin cant die because of global regulation, the regulations will help so that it will be trusted to many prospective investors who are willing to join.

princebridge7

newbie

Activity: 177

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will not happen, because Bitcoin is created not from the government, while who created it is his own government.

as it is Bitcoin it is the water that flows from the mountains looking for cracks to flow into the oceans.

akatos

newbie

Activity: 4

Merit: 0

Regulation is coming, and that’s a GOOD thing because The SEC’s announcement that cryptocurrencies like Bitcoin are not securities is a welcome development and will allow for additional mainstream investment.
Individuals and businesses can now purchase cryptocurrencies knowing that they are not purchasing a security.

Magic Sarap

member

Activity: 350

Merit: 14

Quote from: lillyann on July 17, 2018, 02:08:27 PM

Quote from: ronypro on January 16, 2018, 11:09:52 AM

Frist China want to ban all the foreign exchanges in their country.
https://www.ccn.com/china-looks-ban-centralized-cryptocurrency-trading-reports/

then France Creates Working Group for Cryptocurrency Regulation
https://cointelegraph.com/news/just-one-person-found-to-have-caused-bitcoins-jump-from-150-to-1000-in-2013

then German Central Bank Director: Crypto Regulations Must Be International
https://cointelegraph.com/news/german-central-bank-director-crypto-regulations-must-be-international

Also India already setup a board for crypto regulation.

What is happening all over the world?Something whats soul purpose is to be decentralized will eventually be centralized?

How much do you think a global regulation on crypto will affect the overall market in this year?

It depends on how everything will be solved. I can not imagine BTC regulation. This is against the idea ...

Actually many countries plans to ban bitcoin, because it violates their law and limitations. Absolutely bitcoin will die because of global regulations, with continues of used of btc in illegal trades, transactions in black market and anomalies, Government have the rights to ban bitcoin on their country for their sake.

camric09

member

Activity: 224

Merit: 11

BitHostCoin.io

Quote from: adamantasaurus on July 19, 2018, 10:11:04 AM

I think regulations will be annoying in the short term even more annoying in the long term but ultimately we will need them to be taken seriously and to get serious money into the space, most people won't risk high amounts of money in an unregulated market. Me personally I love the risk I love the wild west aspect of crypto but I think regulations can have a lot of good effects on the space as well as bad....

Yes, I think there will be good and bad consequences that will happen if bitcoin and other altcoins will be regulated because as we all know how the governments will regulate it and maybe it will make it more expensive, I guess.

adamantasaurus

sr. member

Activity: 700

Merit: 255

I think regulations will be annoying in the short term even more annoying in the long term but ultimately we will need them to be taken seriously and to get serious money into the space, most people won't risk high amounts of money in an unregulated market. Me personally I love the risk I love the wild west aspect of crypto but I think regulations can have a lot of good effects on the space as well as bad....

btctalk123

full member

Activity: 274

Merit: 100

I don't think the reason for world regulation Bitcoin can die in near future. It is a future of our money, the way to keep them from the corrupt government.

Lamborgini

newbie

Activity: 210

Merit: 0

In my opinion, Bitcoin will not die.
Although many countries do not allow the use of Bitcoin I am sure there are many people from different countries who will continue to use Bitcoin.
Bitcoin is decentralized so that every Bitcoin user can affect Bitcoin's continuity in order to survive in the Cryptocurrency market.

imrul5

newbie

Activity: 56

Merit: 0

Rules and regulations are important for every platform. But imposing too many rules and regulations on new and rising business is a bad thing. Cryptocurrency is a new and infant industry. It needs time to be successful. But I don't thing so called rules can destroy the BTC or any other cryptocurrency at all.

Ava Duvall

jr. member

Activity: 154

Merit: 1

I dont think so. overll global regulations are improving greatly and changing everyday, it fluctuates but it only seems to get better.

Ramonranger

newbie

Activity: 55

Merit: 0

Talking about regulation, their are 2 kinds to determine what kind of Official Rule or Law. First, are they going to regulate BITCOIN as part of their currency in running their governemt economy with simply making ordinance to have tax in this kind of cryptocurrency!!?? Second, are they going to regulate to ban BITCOIN to operate in their country to protect their national currency.

deppil

hero member

Activity: 1008

Merit: 501

Quote from: Legwist on July 17, 2018, 09:51:56 PM

I strongly believe that bitcoin will not be dead even there will have a global regulations. Because it is a decentralized cryptocurrency, banks and government cannot control or stop it.

Yeah you right. any government will not be able to stop bitcoin. bitcoin has decentralized the system so even if the government implements any regulation. internally you can still easily use bitcoin freely. because the system will not change. but I think the global regulation will be very influential on the market

kapitansugat

jr. member

Activity: 49

Merit: 1

Ofcourse not, bitcoin will not die.

Pitagora87

newbie

Activity: 77

Merit: 0

Quote from: ronypro on January 16, 2018, 11:09:52 AM

Frist China want to ban all the foreign exchanges in their country.
https://www.ccn.com/china-looks-ban-centralized-cryptocurrency-trading-reports/

then France Creates Working Group for Cryptocurrency Regulation
https://cointelegraph.com/news/just-one-person-found-to-have-caused-bitcoins-jump-from-150-to-1000-in-2013

then German Central Bank Director: Crypto Regulations Must Be International
https://cointelegraph.com/news/german-central-bank-director-crypto-regulations-must-be-international

Also India already setup a board for crypto regulation.

What is happening all over the world?Something whats soul purpose is to be decentralized will eventually be centralized?

How much do you think a global regulation on crypto will affect the overall market in this year?

I think it will affect for sure , but it wont die , it's not the first time that regulations are involved in crypto . If u ask me they are even necessary if we want use btc or any other alt as our paying method bcs market worth bilions and it's decentralized goverments must have they fingers in , just dont know how that will affect on crypto Sad

Legwist

newbie

Activity: 180

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I strongly believe that bitcoin will not be dead even there will have a global regulations. Because it is a decentralized cryptocurrency, banks and government cannot control or stop it.

lillyann

member

Activity: 308

Merit: 11

Quote from: ronypro on January 16, 2018, 11:09:52 AM

Frist China want to ban all the foreign exchanges in their country.
https://www.ccn.com/china-looks-ban-centralized-cryptocurrency-trading-reports/

then France Creates Working Group for Cryptocurrency Regulation
https://cointelegraph.com/news/just-one-person-found-to-have-caused-bitcoins-jump-from-150-to-1000-in-2013

then German Central Bank Director: Crypto Regulations Must Be International
https://cointelegraph.com/news/german-central-bank-director-crypto-regulations-must-be-international

Also India already setup a board for crypto regulation.

What is happening all over the world?Something whats soul purpose is to be decentralized will eventually be centralized?

How much do you think a global regulation on crypto will affect the overall market in this year?

It depends on how everything will be solved. I can not imagine BTC regulation. This is against the idea ...

mileyley

newbie

Activity: 18

Merit: 0

Regulations are good thing for crypto and if more countries come forward to regulate crypto then it is a good thing, regulations are better than ban and also we need to admit it the crypto has to be regulated sooner or later. Bitcoin wont die because of regulations rather it will progress.

Thefrolly

sr. member

Activity: 672

Merit: 250

CryptoTalk.Org - Get Paid for every Post!

There's a reason why Bitcoin has survived this long. Cause government regulations cant touch Bitcoin and effect it in any way other than cause some minor trouble for people in buying Bitcoin. The decentralized nature of cryptocurrencies makes it immune to regulations and this is what the governments and banks fear.

burgerpatty

newbie

Activity: 28

Merit: 0

No bitcoin will not die because of global regulations if bitcoin regulate by governments then peoples will start adapt it also this currency get more investors, if some countries not regulate bitcoin there is no effect of bitcoin market because this currency have biggest market and investors world wide.
many countries can regulate according to their law and policies.

btctalk123

full member

Activity: 274

Merit: 100

I think that some countries are afraid of cryptocurrency. They can not manage cryptocurrencies and try to do anything. Someone prohibits cryptocurrency, someone makes pathetic attempts to manage it. But this is ridiculous.

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