Will bitcoin Die because of global Regulations? - page 19.

pinoyden

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Quote from: melch100 on July 15, 2018, 08:45:22 AM

Quote from: panosdada on July 15, 2018, 08:33:55 AM

It is obvious that governments will seek not to kill bitcoin, but to control it. After all, taxes on cryptocurrencies will give a lot of money for the government.

You are right and this will make the price of bitcoin go increase and also its transaction fees too, once this will be regulated we cannot tell if there will be more people that can afford to have it.

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You are right and this will make the price of bitcoin go increase and also its transaction fees too,

no it will not increase but rather it will become stable . transaction fees will also become stable and will still depend on the price of bitcoin .

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once this will be regulated we cannot tell if there will be more people that can afford to have it.

there are now more people that can afford bitcoin becauase when bitcoin becomes regulated , it value will also become stable which means it cannot rise anymore to a higher level .

@bitcoin will not die if its regulated but rather it can became more indemand as it is now being suported by the governement,

melch100

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Quote from: panosdada on July 15, 2018, 08:33:55 AM

It is obvious that governments will seek not to kill bitcoin, but to control it. After all, taxes on cryptocurrencies will give a lot of money for the government.

You are right and this will make the price of bitcoin go increase and also its transaction fees too, once this will be regulated we cannot tell if there will be more people that can afford to have it.

manfredmann

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Nope it will not die because these regulations are also means accepting bitcoin for the good of the people in that certain country. And this could also means that more people will going to know more about bitcoin and possibly join also in cryptocurrency. So for country that made some regulations on cryptocurrency then that is a good news.

panosdada

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It is obvious that governments will seek not to kill bitcoin, but to control it. After all, taxes on cryptocurrencies will give a lot of money for the government.

erikoy

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No it will not die because of global regulations instead it will be the opposite because more individuals will encourage to invest now that the goverment had stepped in for the process of getting more secured in the investments. As we all know that cryptocurrency for now has some issue with the possible abuses on how it will be used so as the government stepped in it will required the clients to do KYC and avoid the following abuses like money laundering, funding terrorist group and etc.

tanjiran

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Basically, Bitcoin is decentralized. Although there is only one country that legalizes it, bitcoin will exist even though most other countries in the world forbid it. So, bitcoin will not die.

Joseph Cabrall

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Regulation will be better for Bitcoin, only ban and restriction laws will be against it. Bitcoin will become more reliable and less risker if the government can get it controlled. But if they impose ban on Bitcoin transaction and concerning activities, the situation will be worrying, though Bitcoin may be far from death.

ZeusTrade

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YES IT CAN BE SECURED BY THE END OF THE YEAR IT GOES TO THE MOON I HAVE VARIOUS REASONS FOR THAT IMPULSIONED BY VITALIK ALMOST DAILY IN THE NETWORKS THE ETHEREUM WILL BEGIN TO USE THE STANDARD ERC223 AND THAT WOULD BRING TOKEN AND IT WILL BE MORE EVIDENT IN THE NEW PROJECTS THAT GUARANTEE THE VALUE CRESSES

Alex_Kidd

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Quote from: ronypro on January 16, 2018, 10:09:52 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 don't think that global regulations can or will kill bitcoin, whether they like it or not this is gonna be the future, so unless this "experiment" fails there is no way to stop it. And it would also be extremely stupid because some countries won't ban bitcoin so they will have a lot of advantages.

harimauagam

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bitcointalk is well known all over the world but there is also nothing in each country whether its government does not allow me may not know.

SeVenlast

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● KEEP CALM & HODL ●

Bitcoin will not be that easy to die for, Bitcoin is a real freedom that cannot be set by all governments.

MidKnight

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If you would only check the state of crypto on South Korea because of the regulations that are imposed on after another then you will know how it will benefit us. Regulations are on our side and they are willing to accept with just some conditions that will be fair for everyone else and to avoid criminal activities.

iceblasto

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Bitcoin always adjusts to the current state, and following this Bitcoin pattern, all others altcoin do the same. I do not think it will die. We talked about the global p2p network. Governments can make as many rules as they want but they have no means to enforce these rules and regulations without investing into a global coin monitoring network

skibikipapa69

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No bitcoin will not die because of global regulation. I think no regulation can stop bitcoin at all. Even in countries that banned bitcoin, peoole are still using it without the governments knowledge. One big example is the people in china, despite their hovernment banned bitcoin, people are still using it on the down low.

princeyeboah

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All these regulations coming from the governments each time in one way or the other creating more awareness on Bitcoin to the whole world. The serious ones will find it appropriate to perform a personal studies on Bitcoin and ones they see Bitcoin to be a very good currency and investment portfolio, each one will invest. Bitcoin in the long run will grow stronger amidst these governmental regulations.

sicnarfwb

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What kind of Global Regulation? Is it banning the use of BITCOIN or regulate BITCOIN as to take taxes before legalizing it to their government. I dont believe theirs a global regulation instead national regulation to prohibit BITCOIN from entering in the mainstream of society to serve as the transaction method of payment in the market. Since some country are already accepted BITCOIN currency as their mode of payment.

MommyElsa

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No, bitcoin will not die because of that maybe those regulations may help to make the cyrpto currency more organized. It will also bring more changes i hope it is more for the better things.

Zentor

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Despite all the bans of bitcoin is still alive and healthy. Looking at the example of Venezuela people continue to use bitcoin even despite a direct ban because it is more stable than the national currency

DoublerHunter

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Quote from: djmixen on July 14, 2018, 06:24:00 PM

I think depends on the country, there are different regulation of every country where bitcoin are accepted and that is not means that the bitcoin will be down because of that, this regulation is for everyone who use it not because to become bitcoin die but because to make it safe.

The regulations for bitcoin are good to itself because it helps other people to stay safe in bitcoin because there are limitations for the activities that you might be doing in bitcoin and i think that there is no chance for a global regulation to make bitcoin die because it will just help the atmosphere of bitcoin to stay organized and of course, safe.

djmixen

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I think depends on the country, there are different regulation of every country where bitcoin are accepted and that is not means that the bitcoin will be down because of that, this regulation is for everyone who use it not because to become bitcoin die but because to make it safe.

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