Will bitcoin Die because of global Regulations? - page 35.

tarikul1921

newbie

Activity: 406

Merit: 0

Yes,because of the global rule, Bitcoin will die. At this point I think Bitcoin does not ereate a big threat for Cantral Bank, but they think that it will be dangerous and they want to make currency as currency but in my opinion it will be nudity.

Tugsukana

newbie

Activity: 140

Merit: 0

Whatever will happen if thete is a global regulation ,I think it do not affect the bitcoin programme, because as a decentralized type of technology ,then I can say that , the global regulation can hold or command bitcoin , to follow this regulations.

Bitcoinbitcoin0909

full member

Activity: 268

Merit: 100

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?

As regulations with crypto rises more and more, the limit it can cover in the whole world will get smaller and smaller as time passes by. If the countries of the world will get united in regulating crypto's and making it centralized, things would definitely change and the benefits we are getting right now will surely vanish in time. Let us hope the world governments will let crypto stay decentralized forever.

violet catona

newbie

Activity: 85

Merit: 0

I hope it won't happen because using of blockchain is the future of world's economics. We should develop them.

Patadong

member

Activity: 224

Merit: 13

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I'm not sure if bitcoin DIE because we can't predict about future and bitcoin is not created by regulations.
I think regulation in cryptocurrency will not make bitcoin die but will make bitcoin more strong.

Kira Del Rosario

newbie

Activity: 83

Merit: 0

I really don't know about dying. Regulations is just to regulate. LOL. There's nothing bad for that. I mean, it's like parenting. Put it that way and you'll realize that there's nothing bad on that.

Sirait

full member

Activity: 1890

Merit: 101

this is what I really fear, the cryptocurrency continues to grow thus creating fear by governments in all countries of the world, just imagine more than 100 Projects appearing every month, this is really very interesting, coupled with people who get scam projects, then they do post on social media, this adds attention to the crowd of pre-currency crypto.
I still think the regulation on cryptocurrency is important because the regulation on cryptocurrency will not make it die, but it makes it stronger.

Erlinda Santiago

full member

Activity: 266

Merit: 100

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?

we cant say that bitcoin will die because as we all know we cant predict the future so you cant say that bitcoin will die because of the global regulations

samcun

jr. member

Activity: 266

Merit: 1

if I think bitcoin will never die, because bitcoin is a decentralized technology system, by global regulation.

Nylelyn

member

Activity: 296

Merit: 13

Quote from: Snail2 on January 16, 2018, 12:59:56 PM

I don't think it will die. We are talking about global P2P networks. Governments can make as much regulations as they want but they do not have the means to enforce those rules and regulations without investing into a huge "global coin surveillance network" or seriously interfering with basic human rights. The only thing what they can regulate is cashing out for fiat.

Indeed it is true that government can regulate and interfere the exchanges in local countries thru imposing taxes which I believe will affect and they can dominate the bitcoin value which is not good. This will still take place ages because a lot of factors are to be considered not to create havoc. But one thing is for sure, we will suffer due to taxes especially here in our country where our President inflated the price of basic commodities and services due to increase in taxes. But then, bitcoin will never end just because of this, Bitcoin is already an institution in terms of crypto and has good foundation.

SIHIN

sr. member

Activity: 728

Merit: 252

I don't think so. Because bitcoin not created by regulations. Bitcoin exists because of technological advances. If the rules prohibit bitcoin, bitcoin will not die bitcoin will still exist and people will still use bitcoin illegally.

ace4549

sr. member

Activity: 699

Merit: 438

There is a huge factor about the global regulation which is imposed as of this moment.
Through the existence of the laws there is a possibility that it can affect the existence of bitcoin and leads them to the non-operation of business, therefore no bitcoin will exist.

tuhoa6421

newbie

Activity: 2

Merit: 0

bitcoin is a decentralized technology system, bitcoin will not die because of global regulation. i think many people will suffer from being poor because most of the users depends their lives through bitcoin in short many people will get mad if bitcoin will gone.

Captain Sneeze

member

Activity: 351

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?

I don't think bitcoin will die is because of global regulation? because some countries can still notice what Bitcoin can do and probably take side on Bitcoin. I believe that it is impossible to do this for many reasons.

Zebulun18

newbie

Activity: 90

Merit: 0

Global regulations of bitcoin cannot kill it... Countries that come up with such regulations are only trying to protect their economies from dying out... Due to bitcoin's quality of always adapting to changes, it cannot be killed by regulations.

jerix

newbie

Activity: 168

Merit: 0

I do not think Bitcoin will die just because of global regulations from some countries. Yes, maybe this global regulation slightly affected the development of Bitcoin. But if there are still many who use Bitcoin in everyday life. I think Bitcoin will continue to live because it means that Bitcoin is still used by many people even though this is already prohibited.

takadada

newbie

Activity: 66

Merit: 0

Nothing is 100% capable, but Bitcoin will do everything to sprout the law, everything will be made neenmvif it is growing very strong.

nicster551

sr. member

Activity: 896

Merit: 253

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?

That is a big no no. Bitcoin is decentralized and no matter what happens, bitcoin will just die if no one ever supports it or its support will dump their bitcoin. But as what we are observing lately and the past years, any are still believing to the price increase of bitcoin. That is for those who believe in its potential and purpose of existence. That is what matters. You have trust, confidence and support to bitcoin. Not even one country bans bitcoin, they are still numerous countries existing and recognizes bitcoin to have good benefits in the world.

omitusaf

full member

Activity: 280

Merit: 102

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Bitcoin will not necessarily die because of various government regulations. On the contrary, it would make it stronger and safer to use. Personally, I don't see anything wrong in regulations. As bitcoin is still very much young, the uninitiated can easily be dwindled.

Matimtim

full member

Activity: 868

Merit: 108

Global regulation of bitcoin, is not the reason to say bitcoin will die, rather we can say bitcoin will be more stronger than before because, if bitcoin regulated in the whole world, the government will generate their own income from crypto world so that, bitcoin will be legalize in whole country in the world and that`s a big reason that bitcoin will be more expensive than before.so no reason to say bitcoin will die because of global regulation.

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