Will bitcoin Die because of global Regulations? - page 42.

elachious123

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Bitcoin cannot just die for global regulations because it operates on a decentralized technology, the survival is base on it acceptability globally.

phelanceter

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First, national regulations will make bitcoin transactions more formal. It only strengthen security on our account and be shielded.away from those greedy hackers and scammers,I think that regulation will pass through a thorough process.

riplete

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I do not think this will make Bitcoin die, because it is a virtual currency that has the credibility, potential and power to create something for the present society.

sulec70

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In my opinion, global regulations are needed to support bitcoin grows legally and better. Under this regulation, bitcoin price will be more stable and and easier to be monitored. Negative impacts can be minimized or avoided. It will be more interesting and even more popular than today due to global acceptance. We all as bitcoin lovers call for regulations to be realized in the future. Nest, bitcoin will operates under this regulation as a reference and it may bring better service to people.

prediction on bush

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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?

Will bitcoin die because of global regulations? I don't think so because there's a lot of trouble that Bitcoin need to get before it can be accepted all over the world.

joganuts

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Quote from: Wylie330 on June 03, 2018, 06:29:47 PM

I think so. If the government will totally ban Bitcoin usage and transactions, then it will definitely affect Bitcoin price and as people will pull out their money on Bitcoin. Bitcoin will lose its value.

I totally agree with you. As the countries banned the bitcoin one by one. There will be a less demand for the bitcoin until it reach zero. And having a zero demand becomes zero value.

Sand King

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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?

Well maybe there's a possibility that global regulations will affect bitcoin in the future but as of the moment what's important is that it isn't affected yet by the existing regulations of any country

Wylie330

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I think so. If the government will totally ban Bitcoin usage and transactions, then it will definitely affect Bitcoin price and as people will pull out their money on Bitcoin. Bitcoin will lose its value.

posi

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Quote from: mikki14 on June 03, 2018, 03:43:39 PM

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?

Those won't be the end for bitcoin. Most of the other countries were concern about ICO scams that's why they want to regulate it. And never forget that there are countries that has legalized bitcoin. It is only a proof that cryptocurrency become known, and also they want to protect their people from scams that's why regulation is also needed.

I agree to what you said because ICO scams was the only thing that trigger the US SEC and regulators meddling into cryptocurrency. However, ICO scams was also the reason why Bolivia government place banned on bitcoin and other crypto currency.

notthepuma

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It is difficult for me to say how the global regulation of bitcoin will affect, but I hope that it will only help bitcoin to grow in price and remove its shortcomings! On the other hand, it can greatly reduce the cost of bitcoin!

tuliobrothers

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The regulations will help us to manage more about crypto. It will help and will not do anything to eliminate the crypto and eventually will be the cause of btc fall. It has something to do with the laws and regulations about btc and other coins.

SeVenlast

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Quote from: Watchy312 on June 03, 2018, 04:35:29 PM

Bitcoin can always overcome the pressure and negative news, even when big news like the biggest users of china banned bitcoin ago segwit issues and so just make bitcoin continue popular and prices skyrocket, I'm sure even though global regulation set or banned bitcoin then everything will not affect anything.

This will have a bright spot to see the development of Bitcoin in this world because they are just afraid Bitcoin will rule them.

lestariptr

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Will not. It will not happen despite global regulations. Bitcoin currently always survive despite many countries that ban it. I think the global rules will not affect bitcoin. Even now many countries are starting to try to accept bitcoin. This is a great advancement for the future of bitcoin.

bakekang

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I guess no. Bitcoin will not die in global regulations but will make bitcoin value stable or it will may become fix in value. And it is good to have regulations in bitcoin so it will become legal through out the whole world.

joebrook

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Quote from: Zigzagkuy on June 03, 2018, 04:46:32 PM

I do not think that bitcoin will die because of global regulation. Bitcoin has been declared in recent years against the government. So bitcoin in this case has many difficulties. But obviously bitcoin will not die even if it happens. Some countries have also recognized bitcoin and it is certainly good for bitcoin in the future.

China has already banned bitcoin so that’s old news and most countries are all about regulating the cryptos but I don’t think that it’s going to have a negative impact on bitcoins at all I think it’s rather going to make the currency less volatile.

poldanmig

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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?

if indeed the global rules that make investors comfortable and safe in investing I think bitcoin will not disappear if the global regulation is even better even better

jefrihunter

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well i don't think global regulation of bitcoin will kill the bitcoin, it will rather strengthen and more reliable, global regulation of bitcoin, is what the world is waiting for, to make the bitcoin a hot currency, and universal acceptable and I don't think bitcoin will die just because of those regulations instead it may become beneficial for every user because it may give more security from hackers all over the world

Zigzagkuy

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I do not think that bitcoin will die because of global regulation. Bitcoin has been declared in recent years against the government. So bitcoin in this case has many difficulties. But obviously bitcoin will not die even if it happens. Some countries have also recognized bitcoin and it is certainly good for bitcoin in the future.

Watchy312

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Well if all the government's are opposing that it's going to be a uphill task.

organelles

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Bitcoin doesn't operate well under regulations, Its a trait it has to be an independent coin that limiting its freedom might be its downfall. There are quite a number of countries out there limiting its operations, so much so that some has decided to completely do away with it, If the regulations keep coming in thiS hard then we should be worried about the future of BTC Most governments have been going hard on Bitcoins overtime and there is every reason to be worried if the trend continues

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