Topic: Will bitcoin Die because of global Regulations? - page 44. (Read 4591 times)

I am of the opinion that the global regulation of cryptocurrency will have a better impact on the development of the cryptocurrency market. Because they have given the regulations and limitations. The market will move more positively as regulation is favorable to investors.

I think global regulation can make crypto strong and safe to use because government just wanting to protect the people from abuse by online scammers and thief, i am in favor of this global regulations and it can't kill bitcoin in the process.

Actually, those governments all throughout the world that support bitcoin can still benifit them as the usage and capability of bitcoin.Crypto-currency state regulation on the contrary, is necessary for its further development. So, we can already see that Germany recognized the crypto currency as a means of payment and freed any transactions with the crypto currency from paying taxes.

Yeah you're right the ban from many countries though will not make bitcoin die. they will not be able to make a comprehensive ban. they may only be able to do blocking on sites about bitcoin only, whereas users will still easily access and transact with bitcoin in their wallets, but I don't think the world will make such a rule, instead they will begin to provide legalization and rules for bitcoin

Bitcoin can not die because of the establishment by various states of the rules of its circulation and regulation in this country. Regulation of the crypto currency is a logical and logical process of its development. It, as a rule, includes the definition of the status of the crypto currency, the conditions for its circulation in the country, fixed in specific regulatory and legal documents and the conditions for its taxation. In order for the Crypto-currency to be legalized and gain legal status, it was protected by the laws of this country, we need such a process of legalization and regulation. Without this, the crypto currency will not be able to develop further.
The state vseravno in the process of such regulation can not in any way violate the basic principle of the existence of bitcoin - the principle of its decentralization.

Nah the more you pressure something the more energy it will get and pop out.

In my views, I think global regulations won't kill Bitcoin, its not like these regulations are banning Bitcoin. Also some of these recommendations are just for the good of the people to avoid illegal use of Bitcoin. I think this will be the step for Bitcoin to advance where it can be more acceptable to the public and the government will start recognizing its worth and its help that it can provide.

That is a good point. If there are regulations from different countries or globally then it means that bitcoin is getting recognized and they are trying to regulate it so the people will not have any problem using it or they will not break any law from a particular country so i think bitcoin will not die.

Bitcoin isn't dying as what other people might have deducted, bitcoin was able to survive alone without regulation and if global regulation might exist it will surely grow because it means it is accepted since there is a need for regulations.

Hahaha LOL
Dont you see the irony? Fiat has been dying while bitcoin growing!

If fiat/credit supply stopped growing, then house prices, stock prices, financial assets would crash significantly in value.

Governments and laws are controlled by the central banks. Bitcoin is an anti-establishment revolution that has already solidified itself worldwide.

Bitcoin cannot be controlled. It cannot be banned. It cannot be made illegal. And conversely it cannot be legalized. It just simply is. And people can always use it.

Bitcoin's blockchain is the only unique one to provide the most security in a decentralized, global, incentivized fashion.

Popularity of Bitcoin will begin to explode with lightning in the next year.
Bitcoin's lightning network is emerging where fees will be tiny and cross-chain atomic swaps for decentralized exchange.

All other altcoins in relation to bitcoin are worthless - more on this below;

All other "blockchains" are more private worthless databases, my old nokia phone can do worthless databases. Other blockchains are simply scams.

Bitcoin's price will be at the very least more than 4 times (400%) of todays price in 5 years.


Those trying to undermine and manipulate bitcoin stem from the central bank system around the world;
-the central banks dictate policy to all the operating big banks around the world and have essentially tried their best to ban bitcoin related transactions for more than four years straight, ever since 2013, and have failed at stopping bitcoin's growth, adoption, and popularity
-the central banks fund efforts to undermine bitcoin, providing plenty of capital and liquidity to private companies and venture backed groups such as Digital Currency Group (they own Coinbase, GDAX, Kraken, Bitpay, and media outlet Coindesk) and also Roger Ver/Bitmain to undermine and break the bitcoin protocol and/or manipulate trade

Above are just small examples.

First, educate yourself and then others. Please checkout the link to the bitcointalk post in my signature titled: How to teach Bitcoin to a 7 year old.

Bitcoin is a secure, decentralized, trustless and open system which cannot be banned nor controlled.
 
Bitcoin is ultimate store of value and its popularity has strengthened over time and maximizes value compared to any other altcoin...
Why are altcoins relatively worthless compared to bitcoin?:
If it can be shutdown, and have assets frozen by a bank or government, there would be no value
If it wasn't secure, there would be no value.
If it wasn't immutable, there would be no value.
If it wasn't globally distributed, there would be no value.
If it wasn't so strong, open-source decentralized and unstoppable, there would be no value.
If it wasn't so scarce, there would be no value.
If it was easy to spam transactions, there would be no value
If it required a central 3rd party to function, there would be no value
If it was stopped after all major banks on Earth banned in 2013 to today, there would be no value. (say "bitcoin" when transacting and watch the block of the transaction. simple fix=never mention "bitcoin").
If it didn't have the history of 8+ years (and still no hacker can exploit bitcoin blockchain), there would be no value
Bitcoin is on the verge of lightning network release rendering altcoins as only backup plan options if not dead.
If it was exactly like fiat and only did transactions, there would be no value.

Bitcoin's value is worth hundreds of billions USD today. Altcoins however are scams, weak, pyramid schemes not offering these values.

Bitcoin has all the characteristics needed combined to hold the most value and increasing more than any other financial-asset option coming from the manipulated fiat central-banking debt-system. (more than stocks, more than houses, more than gold).

For global fiat (US Dollars, Indian Rupees, Chinese Yuan, etc), the fiat bubble system broke a couple of decades ago.

Fiat around the world is forced to inflate issuance as its heavily infested, burdened and broken with (the following whether good or bad):
-regulatory burden on fiat banks & system (incredibly costly)
-inflating fiat to keep house-prices from collapsing
-inflating fiat to keep stock market rising
-financing conflicts, bombs, and "aid"
-backstopping insurance frauds
-costs of auditors and budgetors and accountants checking the same thing in governments and businesses
-big insurance loss-events
-unemployment & other welfare costs
-stabilize regions after natural disasters
-keeping monopolies with internet access and information centralized and search engine crawlers centralized
-officially sponsored "money laundering"
-backstopping credit chargebacks
-frivolous legal costs (lawsuits bogging the system down)
-state-sponsored corruption and unofficial corruption (governments and gangs, banks and conartists)
-retirement obligations (debasement in value to keep up with payments from government or other retirement-obligations)
-fake credit (goods being transacted with credit-loss, replaced by inflation of monetary base rather than bringing perpetrators & source to justice)
-using enforcement labor to freeze accounts and assets and take away your money


Bitcoin, systemically, is free from these limitations and burdens.

Hahahahaa. Hilarious.
LOL
If fiat/credit supply stopped growing, then house prices, stock prices, financial assets would crash significantly in value.

Governments and laws are controlled by the central banks. Bitcoin is an anti-establishment revolution that has already solidified itself worldwide.

Bitcoin cannot be controlled. It cannot be banned. It cannot be made illegal. And conversely it cannot be legalized. It just simply is. And people can always use it.

Bitcoin's blockchain is the only unique one to provide the most security in a decentralized, global, incentivized fashion.

Popularity of Bitcoin will begin to explode with lightning in the next year.
Bitcoin's lightning network is emerging where fees will be tiny and cross-chain atomic swaps for decentralized exchange.

All other altcoins in relation to bitcoin are worthless - more on this below;

All other "blockchains" are more private worthless databases, my old nokia phone can do worthless databases. Other blockchains are simply scams.

Bitcoin's price will be at the very least more than 4 times (400%) of todays price in 5 years.


Those trying to undermine and manipulate bitcoin stem from the central bank system around the world;
-the central banks dictate policy to all the operating big banks around the world and have essentially tried their best to ban bitcoin related transactions for more than four years straight, ever since 2013, and have failed at stopping bitcoin's growth, adoption, and popularity
-the central banks fund efforts to undermine bitcoin, providing plenty of capital and liquidity to private companies and venture backed groups such as Digital Currency Group (they own Coinbase, GDAX, Kraken, Bitpay, and media outlet Coindesk) and also Roger Ver/Bitmain to undermine and break the bitcoin protocol and/or manipulate trade

Above are just small examples.

First, educate yourself and then others. Please checkout the link to the bitcointalk post in my signature titled: How to teach Bitcoin to a 7 year old.

Bitcoin is a secure, decentralized, trustless and open system which cannot be banned nor controlled.
 
Bitcoin is ultimate store of value and its popularity has strengthened over time and maximizes value compared to any other altcoin...
Why are altcoins relatively worthless compared to bitcoin?:
If it can be shutdown, and have assets frozen by a bank or government, there would be no value
If it wasn't secure, there would be no value.
If it wasn't immutable, there would be no value.
If it wasn't globally distributed, there would be no value.
If it wasn't so strong, open-source decentralized and unstoppable, there would be no value.
If it wasn't so scarce, there would be no value.
If it was easy to spam transactions, there would be no value
If it required a central 3rd party to function, there would be no value
If it was stopped after all major banks on Earth banned in 2013 to today, there would be no value. (say "bitcoin" when transacting and watch the block of the transaction. simple fix=never mention "bitcoin").
If it didn't have the history of 8+ years (and still no hacker can exploit bitcoin blockchain), there would be no value
Bitcoin is on the verge of lightning network release rendering altcoins as only backup plan options if not dead.
If it was exactly like fiat and only did transactions, there would be no value.

Bitcoin's value is worth hundreds of billions USD today. Altcoins however are scams, weak, pyramid schemes not offering these values.

Bitcoin has all the characteristics needed combined to hold the most value and increasing more than any other financial-asset option coming from the manipulated fiat central-banking debt-system. (more than stocks, more than houses, more than gold).

For global fiat (US Dollars, Indian Rupees, Chinese Yuan, etc), the fiat bubble system broke a couple of decades ago.

Fiat around the world is forced to inflate issuance as its heavily infested, burdened and broken with (the following whether good or bad):
-regulatory burden on fiat banks & system (incredibly costly)
-inflating fiat to keep house-prices from collapsing
-inflating fiat to keep stock market rising
-financing conflicts, bombs, and "aid"
-backstopping insurance frauds
-costs of auditors and budgetors and accountants checking the same thing in governments and businesses
-big insurance loss-events
-unemployment & other welfare costs
-stabilize regions after natural disasters
-keeping monopolies with internet access and information centralized and search engine crawlers centralized
-officially sponsored "money laundering"
-backstopping credit chargebacks
-frivolous legal costs (lawsuits bogging the system down)
-state-sponsored corruption and unofficial corruption (governments and gangs, banks and conartists)
-retirement obligations (debasement in value to keep up with payments from government or other retirement-obligations)
-fake credit (goods being transacted with credit-loss, replaced by inflation of monetary base rather than bringing perpetrators & source to justice)
-using enforcement labor to freeze accounts and assets and take away your money


Bitcoin, systemically, is free from these limitations and burdens.

No,  i don't think so.  Bitcoin is too popular. I guess it will continue to spread in the world since it has a good characteristics that is very useful in all areas.

I don't think so,  i guess bitcoin will remain and the regulations will just help to limit the scam and in order to have some regulations with it comes to crypto currency.  By that it will help to organize more about the ICO.

I don't think so. Regulation simply means control. So if certain Bitcoin regulations are implemented, it means Bitcoin will be controlled, or even manipulated. But it does not mean its end. I am definitely not for regulating Bitcoin or any other cryptocurrencies. But if it is necessary, I guess we really have no choice..or should I say, we can't do anything about it.

Definitely, with these global regulation, there is a possibility for a bitcoin to die. There is a lot of ways that can affect the bitcoin and results for it to die, another way is low market demand.

Global regulation to bitcoin can affect bitcoin price and bitclin users.it will die slowly if all country will banned bitcoin all around the world.if its banned we cant support it.

Let us be realistic and open-minded mate. There is a possibility that bit coin can die  but I think it can either happen one big time or gradually. The thing is that is is possible to happen and we have to be open to it. Now reasons may be the government regulations or it can be the low rate of market.

I think that the market is run by big players who fear crypto currency as a result of the fact that bitcoin is too unpredictable. I think that global regulation only attracted new investors, which will raise the price even higher!

I think global Regulation will increase the number of Investors in bitcoin. Many countries already accepted cryptocurrency as they are realizing the true value of it and they have decide to put it under govt. laws which is a good sign i think. Then people will not hesitate to use bitcoin anymore.

I don't know if bitcoin die with this kind of regulations I think bitcoin will survive as long as people still supporting it but I'm aware if the government ban bitcoin in every country I know people will still find ways to get benefit on bitcoin or people will find another crypto to make earnings.