Topic: Will bitcoin Die because of global Regulations? - page 30. (Read 4575 times)
A bitcoin will never die. Some countries like China banned bitcoin but I guess it is a temporary situation. Other smart countries instead are making some regulations for bitcoin to keep a control over it and get a profit by taxing cryptocurrencies.
without a doubt.regulation is completely specific from banning.law is ideal for bitcoin's progress.that is why i'm extra enthusiastic about it and do not think it is the stop of bitcoin or crypto foreign money.
My opinion, this rule is not so bad that it can turn off Bitcoin and I think there is no rule that can kill Bitcoin. Bitcoin is on the internet and internet is free space and we even have a dark web that can be used in beautiful and redeeming things. The government can not kill Bitcoin and make regulations only their way to overcome Bitcoin. Maybe they have control in their country, but bitcoin still runs through the internet and they have no control. The supply of bitcoin in circulation is not in the control of any country.
The internet is not necessarily a free space though. On a global level maybe it is. But within the borders of certain countries it's quite possible for governments to exhibit significant power and control in censoring the internet for their population. It's not something that can really be taken for granted.
It's just that some people will do the same and do things slightly different from others.
I think the bitcoin won't lose or kick the bucket due to the worldwide direction. indeed the bitcoin required the worldwide direction on what I read .So it will not die because of regulation.
If t would be regulated then the opposite may happen. More people would adopt it because they know that there is already someone accountable for it since the government has already regulation applicable to it. More businesses would adopt it because the price may reach its stability if mass adoption would happen. When that time comes, we are lucky because we are still considered as early adopters of it. Along with other cryptocurrencies, people would use it for their actual use case as a currency and not just an asset for investment.
I think the bitcoin won't lose or kick the bucket due to the worldwide direction. indeed the bitcoin required the worldwide direction on what I read .So it will not die because of regulation.
My opinion, this rule is not so bad that it can turn off Bitcoin and I think there is no rule that can kill Bitcoin. Bitcoin is on the internet and internet is free space and we even have a dark web that can be used in beautiful and redeeming things. The government can not kill Bitcoin and make regulations only their way to overcome Bitcoin. Maybe they have control in their country, but bitcoin still runs through the internet and they have no control. The supply of bitcoin in circulation is not in the control of any country.
The internet is not necessarily a free space though. On a global level maybe it is. But within the borders of certain countries it's quite possible for governments to exhibit significant power and control in censoring the internet for their population. It's not something that can really be taken for granted.
until now I do not see any major influence on global regulation on the development of bitcoin, even if its impact is only limited to the decline in the price of bitcoin which is caused to panic by its users especially new users and in general the regulation will not be able to kill bitcoin.
It seems to have an effect on the bitcoin market but I do not think bitcoin will die that easily. Although prohibited, the user has various ways to keep using bitcoin so just calm bitcoin will stay victorious.
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 intense the regulation is, I mean if its tolerable then bitcoin can just ignore it since there are Thousands of people who are using it rather than ignoring it. Lets accept it, bitcoin is hard to bringdown if your complaining is tolerable. 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?
The regulations is sure going to affect Bitcoin negative believe me you that it won't be long Bitcoin will rise again because the potential and Technology behind btc, there are some cryptocurrencies that will no survive the regulation perhaps there are once that don't have anything to offer.
Nope i dont think so it will become more populiar and usable BTC will be used for main gol it was made over the world and will be time when we will use BTC and other coins like fiat.
My opinion, this rule is not so bad that it can turn off Bitcoin and I think there is no rule that can kill Bitcoin. Bitcoin is on the internet and internet is free space and we even have a dark web that can be used in beautiful and redeeming things. The government can not kill Bitcoin and make regulations only their way to overcome Bitcoin. Maybe they have control in their country, but bitcoin still runs through the internet and they have no control. The supply of bitcoin in circulation is not in the control of any country.
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?
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?
No, I do not think global regulation of bitcoin will kill bitcoin, better strengthen and more reliable, global regulation of bitcoin, is what the world is waiting for, to make bitcoin into a hot currency, and universally accepted. Bitcoin is the future technology.
Bitcoin will not die because of the global regulations ongoing all over the world. these regulations serves as an improvement on cryptocurrencies. If it's well regulated, then the probability of being scammed on ICO's will be lesser.
Since Bitcoin is mainly associated with the blockchain technology, it becomes difficult to regulate bitcoin in line with other altcoins, but this can be possible as central banks and some governments strive to regulate and wield the power upon bitcoin and other cryptos. However, if it is necessary to regulate bitcoin, laws and regulations should have the overall acceptance of people so that bitcoin can sustain its existence.
Whatever will not be able to destroy bitcoin, even when some countries unite to destroy it. If you really want to destroy bitcoin it costs a lot like shutting down computers all over the world and the internet should also be turned off. Can you do it? I do not think so.
I think that bitcoin wouldn't be killed by regulators.
Good regulation will attract big institutional investor
Good regulation will attract big institutional investor
I think this will be a hard time for investors because the law is changing day by day. But dont forget that there are other coins like the EDUCATION COIN or the LEDU COIN which has the potential to be on top in the coming days
current market condition of bitcoin price falling is not only the global regulations, there are many reason behind it, most of the one is manipulation, big investors are manipulate bitcoin price and they buy back when the price is cheap rate, when the bitcoin price falling same like other crypto currency price also go down, so that better time to buy back,I think bitcoin price will change by this year end and bitcoin will be more strong
Bitcoin can't be completely regulated, but some regulation is required, as it would be good for bitcoin. If some regulations is put in place then it would legitimize the bitcoin and it would get more acceptance.
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