Will bitcoin Die because of global Regulations? - page 38.

upinros

jr. member

Activity: 178

Merit: 1

You do not think the global regulation of Bitcoin will kill Bitcoin, strengthen better and more reliably, Bitcoin's global regulation, is what the world is waiting for, to make Bitcoin a hot currency, and universally accepted. Bitcoin in any case, sooner or later, should be subject to government regulations, because the state can not pretend that it does not see running in its territory from expensive digital currencies. This kind of regulation is good in Japan for the benefit of both people, and most of Bitcoin, and the state economy.

bealoveall

newbie

Activity: 111

Merit: 0

I think all of this is just shark news to manipulate the market, which creates the premise for Bitcoin to go downtrend. When people lose faith in Bitcoin, it's time for sharks to pump money into Bitcoin for a return. Grin

jhache

full member

Activity: 518

Merit: 100

Well as per the G20 meeting that happened few months ago, the governments have decided to not bring any regulations for the bitcoin industry for the time being. And some regulation is definitely needed in the crypto industry to prevent scammers from running free as there needs to be some fear amongst them.

spartanrules

sr. member

Activity: 700

Merit: 250

There is no doubt that in 2018 we will see tough measures by some states to limit trade in cryptocurrencies and, on the contrary, attempts by some states to legalize and regulate the cryptocurrencies market. Therefore, this year will be determining for the entire cryptocurrency community. Personally, I think that we will flat until the end of the year. But finally such regulations will positively effect on cryptocurrencies. That's why I think that we will see update of Bitcoin price maximum records only next year.

taranbam

jr. member

Activity: 63

Merit: 1

Global regulation of the crypto currency will not be stopped, of course, but there will not be a centralized system, most countries simply will not agree with the generally accepted rules of other countries.

mdrakibul

newbie

Activity: 140

Merit: 0

Bitcoin will lose some value; it has already offered for cheaper prices than less than a month ago. However, these regulations will not kill BTC.Bitcoin was founded on the principle of decentralization, it means that this Cryptocurrency was not regulated by the central authority or any government and organizations.As you said China had reaction is an example of the difficulties in such an approach.China banned initial coin offerings, which use cryptocurrencies as a funding mechanism, to prevent capital outflow and money laundering.The only thing what they can regulate is cashing out for fiat.

Cacao2017

newbie

Activity: 140

Merit: 0

Existing governments have specific regulations for bitumen as well as cryptanalysis, for example in some western countries they consider the presence of bitcoin legal and consider the ico programs to be potentially contributing. Economic development is also in some countries like China they are wary of bitcoin. However, bitcoin still exists with us

raidzero

newbie

Activity: 15

Merit: 1

Bitcoin will not die in my opinion due to the many supporters it has.

Indra32

newbie

Activity: 182

Merit: 0

Quote from: mkcube on June 02, 2018, 10:19:45 AM

I think bitcoin will not die due to global regulations, because maybe there are some a new packaging. It can affect maybe also for the price in the narket but not to destroy the bitcoin, because btc is separate from other.

I think at the same time commercial banks are trying to get more and more cryptocurrency (eg in my country)
And on global regulation, At the current stage there is no shared approach to currency maya, despite the fact that 3% of governments try to make strict local regulations to 'avoid' risk.
At the moment I think that bitcoin does not create a big threat to central banks (Another problem is in the case of commercial banks), but they think that this will be dangerous and they want to make rules like fiat currency, But I think it will be blank.

Carrelmae10

member

Activity: 588

Merit: 10

..No..I think bitcoin will not die..no one can stop the popularity of bitcoin..I think that the government want to have an access on bitcoin and have it centralized so that they will going to have a full control on it..we all know that through bitcoin,,many have change their lives,,they are just creating a tremendous fear to the public so that many would not going to invest on it.

tubig123

newbie

Activity: 154

Merit: 0

Based on the situation of bitcoin it will not die due to global regulations because as I observed many investors will invest thier money to grow mostly the businessman they want into bitcoin good ways.

Miles123

full member

Activity: 462

Merit: 100

I think it will not die because not all the places in our earth will regulate bitcoin so in the different country's they can use bitcoin freely and can earn without any problems. It will survive and long last forever.

markleal

member

Activity: 446

Merit: 13

Quote from: ronypro on January 16, 2018, 10:09:52 AM

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?

Hi there ronypro! If you are asking will bitcoin die due to regulations, I don't think so. The regulation will hurt all of the company that is involved in bitcoin or cryptocurrencies. But regulations aim not to shut all down the establishment especially if will give a great contribution to the GPD of the country. What just being happened is that they fraudulent once will be tracked and close while the legitimate ones will remain. And by that, the cryptocurrency economy will be much greater because the confidant of the people in relation to cryptocurrencies will be leveraged. I assume that after the sweeping, bitcoin price will further increase its price.

killat

member

Activity: 742

Merit: 21

Be the reason someone smiles today

Why panic? It is just the normal market cycle and this correction is healthy and needed, given the insane growth last year. We are still trading in plus compared to a year ago, that is what matters. Nothing goes up forever, just kids that jumped on the bandwagon who tried to get fast money are shaken off. Institutional traders need a spot to get in, they don't buy a bitcoin for 20k it is easy as that. Read the news correctly, not only the panic click bait headlines. There are times to accumulate and times to take profit, always been and always will be like that. A thing short attention span traders just don't get.

parry1507

newbie

Activity: 7

Merit: 0

BITCOIN will never die because of its nature of decentralization. Now generation know the power of technology & the revolution brought by bitcoin in market is really very appreciated.

Its the community who put the power in BITCOINs & we will never let it die for our better future.

coincruncher1982

jr. member

Activity: 82

Merit: 7

No I do not think regulations will harm bitcoin due to its decentralised nature. Also it isn’t a security even under the most strict definition

Big Show

newbie

Activity: 173

Merit: 0

The exact possibility is of course will affect the bitcoin, especially its rate will decrease, and ICO will be reduced. As long as there are countries that support and legalize bitcoin, then bitcoin will not die.

BlackRacerX

full member

Activity: 462

Merit: 102

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 think a few rule changes will not affect the totality of bitcoin prices. I think it will affect it at a small margin, but bitcoins will definitely not die because of global regulations. The community and its other coins always find a way to exploit the rules and bend it towards their favor.

blocklancer8

full member

Activity: 392

Merit: 101

Hopefully bitcoin can issue other strategies to maintain it so that bitcoin can survive and remain exsis and we can support all of this bitcoin so that everything can be the best for both the goverment and all its users.

appleyard

member

Activity: 359

Merit: 15

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?

If this big country convince world government to banned bitcoin worldwide that is our end. But dont be afraid there are so many counties that are willing to embrace bitcoin and become part of thier growing economy.

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