Will bitcoin Die because of global Regulations? - page 46.

nguyenhoven

jr. member

Activity: 248

Merit: 1

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?

why is there a need to put a word die with capital D into the title? No, regulation is not going to kill crypto, it will affect it, but at the end of the day, it won't kill or make it or make it success. Only community can decide on its future.

robynmario

newbie

Activity: 168

Merit: 0

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?

they will take years to eradicate the bitcoin as they still does not hold the mass of users who invest in bitcoins in each country and how long it takes them to balance the economy with the income streams that are marketed crypto and bitcoin. It is not strange to ban from china because they have great ambition to overthrow the domination of bitcoin with NEO and BNB

. All the information seems untrustworthy.

Hazir

legendary

Activity: 1596

Merit: 1005

★Nitrogensports.eu★

In theory, we have an amazing asset in our hands - decentralization, so any sort of local regulations or bans shouldn't affect Bitcoin at all.
But in practice decentralization is not important when people's opinion is biased. Imagine the following - if some major player like USA or EU would ban BTC completely,
what exactly would happen? Would the network be useless? No. But I am sure that price of bitcoin would crash ATL in 3 days.

mkcube

newbie

Activity: 196

Merit: 0

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.

patrickj

sr. member

Activity: 490

Merit: 251

Bitcoin won't not cease to exist totally, but rather it definetely needs a repackaging. What's more, this isn't a result of worldwide directions .. With more digital forms of money being presented every month, the greater part of them endeavor to fill the void and conquer any hindrance of the plenty of disadvantages.

Milado22

newbie

Activity: 89

Merit: 0

Global rules can greatly affect the price of bitcoin, but they can not destroy him because bitcoin is the future.

adpinbr

sr. member

Activity: 1078

Merit: 254

Legalizing it will just add more people to bitcoin because it will be a legal work. But i also think that it will reduce those people who work really hard because if they just make a single mistake they will be ban from using bitcoin.

MusicManPL

newbie

Activity: 29

Merit: 0

Regulation bitcoin will only benefit him. The price will rise. Regulation will allow broad beliefs of the population to participate in the trade in crypto-currencies

zinluzgina

full member

Activity: 336

Merit: 100

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 am sure that the global settlement of bitcoin and cryptocurrency will only strengthen them. I am think that all countries will come to the correct conclusion and implementation of their laws. Don't worry.

kidoseagle0312

hero member

Activity: 1092

Merit: 500

I think these regulations will only hinder the use of Bitcoin. These regulations are not that severe that it can kill off Bitcoin and I think that no regulation can kill Bitcoin. Bitcoin is on the internet and the internet is a free space and we even have the dark web which can be used in pretty redeeming and good stuff. The government cannot kill Bitcoin and putting up regulations is just their way to cope with Bitcoin.

alvinmtp

hero member

Activity: 658

Merit: 505

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.

elachious123

newbie

Activity: 198

Merit: 0

Bitcoin and Cryptocurrency in general can't just die off, no matter the level of regulations by any Governments, demand and supply makes it resolve all round

gabinsight

newbie

Activity: 238

Merit: 0

Bitcoin and other cryptocurrencies have become so huge right now, I don't think the government would want to remain quiet about it. I think at all depends on the type of regulations implemented and executed. Global regulation will surely affect the price negatively, but I dont think that will be enough to kill it

RosellaMurphy

newbie

Activity: 21

Merit: 0

It can be up and down but It will not die for few years

Jamjamz30

member

Activity: 332

Merit: 12

I think these regulations are just for the best of the people within that country, its what the governments sees as the best action they can take to take Bitcoin into their hands, and for people not abuse and exploit Bitcoin. Regulations won't kill off Bitcoin is just there to put hold on any actions that may harm something. Regulations are not necessarily bad and some of them might even help Bitcoin. This regulations might be the key where Bitcoin and the government might come to an agreement.

cheezcarls

hero member

Activity: 2282

Merit: 659

Looking for gigs

I honestly don’t think Bitcoin would go anywhere and it will stay here for a very long time. Because it is a decentralized cryptocurrency, banks and government cannot control or stop it, but rather regulate it. Speaking of regulation, I am actually in favor of it because it would minimize fraud or anti-money laundering measures using cryptocurrency. As technology evolves, so as the way of making crimes. For me, Bitcoin won’t die.

BagzMM

member

Activity: 378

Merit: 10

Quote from: anam17 on June 01, 2018, 10:24:21 PM

I believe even though crypto has a centralized regulations but crypto will not die. Because crypto usage can only do with the internet, so as long as the internet is still there and there's still a big country that supports crypto, I'm sure crypto will not die.

Yes i agree, it will not die for sure because technologies are still evolving. Though theirs a global regulations maybe theirs a matter of changes but it will not die.

coin163

sr. member

Activity: 462

Merit: 281

dApps Development Automation Platform

bitcoin and many other cryptocurrency are anonymous so don't have any government can control it and it mean will never unless people lose their trust to it only

kingkonjac

member

Activity: 308

Merit: 10

if there would be a regulation on cryptos than this means that the world have accepted the existence of the coins, so they can`t be labeled as illegal and the investors would have much more confidence while investing.

anam17

newbie

Activity: 168

Merit: 0

I believe even though crypto has a centralized regulations but crypto will not die. Because crypto usage can only do with the internet, so as long as the internet is still there and there's still a big country that supports crypto, I'm sure crypto will not die.

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