Will bitcoin Die because of global Regulations? - page 52.

TomUyamot

sr. member

Activity: 504

Merit: 252

This is not going to grow into a big problem. This appears to be a problem right now because it seems it is an incursion of the territory of Bitcoin by the governments. But for me, in the long run, these government regulations will somehow prove to be of big help in Bitcoin's survival. Once Bitcoin is regulated by the government, it becomes a legitimate technology in which people will not anymore doubt.

gledek

newbie

Activity: 103

Merit: 0

bitcoin is a decentralized technology system, bitcoin will not die because of global regulation. rules only allow bitcoins to follow the rules themselves, but do not kill the bitcoin itself. especially now that people have realized that bitcoin is very useful for the future, surely people will not stay silent and let bitcoin just die, this they do so can also be felt this bitcoin benefits for the next generation.

MudahDanHemat

newbie

Activity: 231

Merit: 0

It seems to have an effect on the bitcoin market but I do not think bitcoin will die that easily. Although prohibited, the user has various ways to keep using bitcoin so just calm bitcoin will stay victorious.

Puzyrok

newbie

Activity: 126

Merit: 0

South Korean financial regulators have poured cold water on calls from a parliamentary committee that wants to lift the country’s ban on initial coin offerings (ICOs).

Ahimoth

sr. member

Activity: 812

Merit: 250

Quote from: KID_28 on May 29, 2018, 08:21:44 PM

I don't think any global regulations can kill bitcoin. More and more people are being aware and understands that bitcoin is the future. Thus, the next generation will never ever allow bitcoin to just die.

Most probably not because regulation is just a way of maintenance. It's a good way to preserve bitcoin and not to kill it. Regulation might also help bitcoin not to be overused when applied. Global regulations is just a way of implementing protocols for the benefit of all. We are responsible for it so it must be regulated.

KingOfWinterfell01

full member

Activity: 504

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?

It will have a marginal change in the markey after all of these bannings but I predict that bitcoins will eventually bounce back to its regular pricing or even back to $20,000 when the strict regulations have been manipulated and is made favorable for both bitcoin holder and the government.

jops

newbie

Activity: 132

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?

I think it will affect to bitcoin but it dosen't mean it will die. That was only a several country it will also affect the bitcoin community. For me bitcoin regulation has a good and bad effect to us.

n0ne

hero member

Activity: 2646

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DGbet.fun - Crypto Sportsbook

Bitcoin dying of global regulation never happens in the short or long term, because when something progress to reach a large user base automatically the focus of the government will turn towards the same. In such a manner now bitcoin is under hard regulation. From my personal understanding dying of bitcoin and other digital currencies won't happen.

yasuo632

newbie

Activity: 90

Merit: 0

The government will not give up this huge market. They are just trying to control the market. Before they can think of a suitable method, they will only use extreme policies to prohibit people from joining the cryptocurrency.

Leomarco

full member

Activity: 434

Merit: 100

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I don't think so. Bitcoin will never die just becuase global regulations. if there are global regulations it will make bitcoin holders secretly buying and selling. (black market) like drugs even though there are laws and laws but still can not stop the drug trade. like that with bitcoin will never die just because regulations. people are getting smarter looking for ways to keep using and selling bitcoins.

rc411

newbie

Activity: 27

Merit: 0

I believe these bad news won't kill bitcoin. Even if big countries are doing such, there are a lot more other countries who've welcomed bitcoin in their economy. Even small countries can help with keeping bitcoin alive.

mix max

newbie

Activity: 182

Merit: 0

Everything is possible. Including bitcoin will die because of global regulations that prohibit the use and circulation of bitcoin. If all countries do a ban on bitcoin then the possibility of bitcoin will die becomes bigger to happen.

faithofb

newbie

Activity: 238

Merit: 0

Bitcoin can never die regulation can only make it to be strong and trusted by many people

Hotrod_88

full member

Activity: 420

Merit: 100

Quote from: Umar001 on January 16, 2018, 11:33:28 AM

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.

I agree to this. Maybe soon some of the business owners will understand what really bitcoin is and they will benefit from it. When that time comes, i think bitcoin will never die because of global regulations. Business owners themselves will help bitcoin and defend it.

millgates

sr. member

Activity: 714

Merit: 250

No, bitcoin is still can be used by many people although no country is accept it. Just look at a few years ago, only few people who now about bitcoin. Stop bitcoin mining is not an easy job. The effect only on the price. Now our community is getting bigger.

waichi

full member

Activity: 359

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Reinventing Decentralised Finance on BSC

Quote from: Umar001 on January 16, 2018, 11:33:28 AM

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.

I agree. Government regulations will never destroy Bitcoin but will make Bitcoin and other cryptocurrencies authentic and secure. It will give people the impression that cryptocurrency is not a fraud. I think the government also want Bitcoin to exist for a long time that is why they do not totally ban crypto market.

doroshok2

jr. member

Activity: 175

Merit: 1

W12 – Blockchain protocol

Because of global rules, bitcoin will not die. Since everything is much more complicated, and to kill bitcoin is not so easy. And further it will strengthen the positions, but it doesn't mean that it is eternal.

alfonso94

newbie

Activity: 26

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?

When you say global its the majority of the country..I think that would never happen as you can see though many ban bitcoin still there were many countries who believe and trust bitcoin so maybe we should take our part by spreading how good bitcoin was so many countries will try to accept it in their country. Im sure they will love bitcoin if they know what the benifit it brings to all the people around the world. Bitcoin reduces poverty so who doesnt want it. As a bitcoin owner everybody should be responsible enough for their btc.. we should not tolerate using it illegally so the whole world will accept btc.

amsiran_irene

jr. member

Activity: 196

Merit: 1

There's no looking back, this is gonna be the future of the next generation technology advancement created blockchain, Bitcoin and among others. Bitcoin will still be the king

Acsirp

newbie

Activity: 126

Merit: 0

Quote from: PalindromemordnilaP on May 29, 2018, 08:45:38 PM

Let regulations be regulations and let countries regulate cryptocurrencies for as long as regulations will not lead to total ban of cryptos. As long as all countries will not ban the cryptocurrencies, then i think bitcoin will always survive no matter how tight the regulation is.

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.

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