Will bitcoin Die because of global Regulations? - page 56.

Ucy

sr. member

Activity: 2674

Merit: 403

Compare rates on different exchanges & swap.

It can't be "regulated" or stopped unless they reorganized and Centralize the Internet. The World should instead be regulated by Decentralized Cryptocurrency/platform (if the world is serious about fighting corruption).

Ishiro5

copper member

Activity: 224

Merit: 3

i think this is highly unlikely, it may be stiffened for a while but bitcoin will not die. I kind of agree with John McAfee that we are currently in a kind of war with the governments of the world. Interesting thoughts can be seen here. https://youtu.be/8-AirSCMa18

primarydumz

jr. member

Activity: 280

Merit: 1

There's nothing wrong about regulation, in-fact regulation is necessary for bitcoin in order to go mainstream, because it needs for the consumer or user to feasibly feel like they can use it and they want to feel safe in some way and part of that is understanding bitcoin. Bitcoin needs federal entity to become legitimate but it certainly provides additional stamp of approval that would get people more comfortable with it.

Victorias

member

Activity: 253

Merit: 10

Gamblica Token Sale launch 01.03.2018!

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

Urbinklin

full member

Activity: 283

Merit: 100

I don't think that regulation is a problem that will remain forever. After all, it is not profitable in fact. Most likely, the regulation is manipulative actions of the media.

buburjelly

newbie

Activity: 62

Merit: 0

A regulation will not make the bitcoin die because the regulation cannot affect anything against bitcoin that is not controlled by anyone and any government. Bitcoin is a freedom for all people in the world in economics and they deserve to get that freedom without any tie rules with the government and any party.

Chrystora123

full member

Activity: 1414

Merit: 228

Omicron is another FUD

Bitcoin never dies, Bitcoin since it first appeared never rely on government rules,
so don't worry if many countries are going to tighten rules on Bitcoin...Bitcoin will continue to survive even if its rules are tightened,
and we will most likely be hiding in a Bitcoin transaction, if rules are tightened...

hashshashin

sr. member

Activity: 728

Merit: 250

Look ARROUND!

There is no global regulation! A lot of news that we swami read is FUD, and they are designed precisely to destabilize the market of crypto-currencies.

oni4an

sr. member

Activity: 658

Merit: 253

Technology is unstoppable and the faster all countries recognized the faster we will reach new heights in the economy and new technologies.

sammyp

full member

Activity: 854

Merit: 100

I expect regulations in Cryptocurrency to help the already well established currencies like bitcoin. Regulations will make bitcoin gain trust of investors. Everyone will know what to do with bitcoin and what not to do with it. Besides that, I think regulations will also kick out fake and scam projects and bring purity in the Cryptocurrencies.

Oto3

member

Activity: 195

Merit: 10

I don't think so, global regulation of bitcoin will make the bitcoin dead, it will rather strengthen the bitcoin, and make public to have confident and Invest more on bitcoin.

squatz1

legendary

Activity: 1666

Merit: 1285

Flying Hellfish is a Commie

Will it? Who knows. But can it? Yes. If all of the governments of the world worked together in a way that would kill the exchanges for bitcoin, the banks that allow bitcoin purchases to occur on them, and everything else that is involved this is of course going to lead to the downfall of adoption and the full crash of the price of bitcoin.

No one 'normal' is going to get involved with bitcoin if it's illegal. Peopole want to live lives that aren't in fear all the time, and if bitcoin is the reason for that they're not going to get involved with it. It's really as simple as that.

Harrow30

jr. member

Activity: 266

Merit: 1

DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO

The global Regulations coming into the Cryptocurrency markets is only creating a platform for sanity in the markets as there are integrations already being made. The Cryptocurrency has encroached into the real markets and if anything should go wrong with it, it will have a massive effect on the world economy too. So, the global regulations will help to set a balance and good management to avoid a crash.

shalaza

newbie

Activity: 283

Merit: 0

Whether we like it or not,that time is coming when bitcoin woud be regulated. Personally, i don't see anything wrong with making regulations to guide the us of bitcoin. Scams are on the rise daily,so we need it. I just hope they don't go to the extreme with it

adjudicator

full member

Activity: 281

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?

Thanks for the information, I think these kind of issues about bitcoin will answered and bitcoin will overcome it. Although there are some issues today about bitcoin, I believe it is just a small problems to bitcoin because bitcoin is still developing and still there are lots of problems that will start to enter soon or sooner.

jpespa

member

Activity: 294

Merit: 17

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. What's important for everyone is to feel safe storing their money in their bitcoin wallets

arguelles84

full member

Activity: 285

Merit: 100

The market can stay irrational much longer than you can stay solvent Wink

Nakakapagpabagabag

full member

Activity: 350

Merit: 100

BITDEPOSITARY - Make ICO's , More Secure

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?

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 announcement of China's ICO ban resulted in a price declined of as much as $500 in bitcoin's price. That's why global regulations has effect on bitcoin.

Bitcoinismylife12345

member

Activity: 231

Merit: 10

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 not lead the cryptocurrency to death, however it is a big problem for the community. To be centralized is a big no for the bitcoin users, it is one of the best asset of bitcoin that all of us love. Governments are reacting because they see bitcoin as a threat and I hope the people behind bitcoin will do something about it.

maxman190

full member

Activity: 350

Merit: 100

In most countries, control of cryptocurrencies or not at all, or it is, but the minimum and not always consistent. Some believe that it is impossible to control the turnover, others, on the contrary, that it will take time, but an effective way of regulation is sure to find. Many banks, however, borrow blockchain technology for their own development to simplify transactions and secure savings.

Topic: Will bitcoin Die because of global Regulations? - page 56. (Read 4582 times)