Topic: Will bitcoin Die because of global Regulations? - page 6. (Read 4591 times)
I don't think global regulation will kill cryptocurrency instead it will make it stronger.becausr it will instead increases investors confidence. And also help to prevent scam projects popping up here and there. This can be seem in most projects implementeing KYC and AML
what you mention is not sure to affect bitcoin in other worlds. the community and user of bitcoin is already large. people will continue to buy bitcoin and also demand for sure will continue increase. and when the digital era is truly full through computers and the internet. people will use btc as their main choice of digital payment.
I am sure that it won't die. it will be used in the future as the main currency and it will become the most famous currency ever as it has many advantages and it can be used instead of money at all
Bitcoin is here to last forever and it will take more than a century to finish the mining of bitcoins even though out of 21 million bitcoins around 17 million bitcoins have already been mined and no Government regulations will affect the bitcoins and block chain technology as the bitcoin developer has created the bitcoin network in a decentralized network which means no central authority or Government cannot control the bitcoin system and it will last in the forefront of all financial markets.
There'll be a regulation governing crypto in many states, but i think crypto will not die. Many countries have accepted its advantages. They have supported the crypto already. Another thing is that, crypto are getting more innovative projects, so it's death can definitely be quite impossible for now.
Now the position of bitcoin has reached in a position that no one can reached there or very hard to reached in that position so, due to global regulation there may have some changes but it will never die.
It will never die, highest it will be centralised and regulated by government, cryptocurrency is the future
no, bitcoin strongly strengthened in the market of crypto-currency
Governments can and will try to regulate Bitcoin and crypto in general-however the only way they can do that effectively is by regulating the exchanges. They can not regulate Bitcoin itself as it is a peer to peer system-so how could they control it without wasting vast amounts of government time and money in the process. Some countries with very tight control of their citizens internet access may be more able to limit it, but in general i would suspect most true crypto enthusiasts are fairly tech savvy and will soon come up with workarounds.
Looking at the popularity of the Bitcoin increasing the Govt's were bound to take interest in it.They simply won't let their citizens invest heavily in something which doesn't have their regulation as it might impact their foreign reserves.The testing phase of Bitcoin will be now as it would be bound to be centralized which is opposite of it's basic principle : Decentralization.
Let's see how this turns out.But Bitcoin won't die as such.
Let's see how this turns out.But Bitcoin won't die as such.
Regulation simply means control if regulation will done in the whole world means then BITCOIN will be controlled then how BTC can die if it regulated in the whole world more and more investors join with BITCOIN market and it only increase the price of BITCOIN,people can earn huge profits after selling their bitcoin in the crypto market.Moreover this will be that situation when the more and more people want to buy bitcoin even at a high price.In this case only the popularity of bitcoin will increase among people.In addition with this type of regulations the scams related to BITCOIN can also be stop.
All these regulations coming from the governments each time in one way or the other creating more awareness on Bitcoin to the whole world. The serious ones will find it appropriate to perform a personal studies on Bitcoin and ones they see Bitcoin to be a very good currency and investment portfolio, each one will invest. Bitcoin in the long run will grow stronger amidst these governmental regulations.
The answer is big no.
The answer is big no.
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.
I agree with you, aspiration and progress always give a positive result, if you are stretching before him and trying to be successful.
Usually, the authoritarian regimes have more hostility towards the Bitcoin, which seems logical.
The good thing is that Bitcoin does not belong to and cannot be controlled by any single regime.
Many democratic states have already legalized the Bitcoin, and it has been known by more and more people especially amongst the younger generations.
Personally, I believe regulation is actually a good thing for Bitcoin. it will educate the mass and attract more visibilities and capital to the cryptocurrency/Bitcoin market.
Bitcoin will never die.
The good thing is that Bitcoin does not belong to and cannot be controlled by any single regime.
Many democratic states have already legalized the Bitcoin, and it has been known by more and more people especially amongst the younger generations.
Personally, I believe regulation is actually a good thing for Bitcoin. it will educate the mass and attract more visibilities and capital to the cryptocurrency/Bitcoin market.
Bitcoin will never die.
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?
The regulations of the world is the thing that limits bitcoin from giving everyone the benefit of the doubt of knowing it more. A lot of countries has already banned bitcoin due to the threat they've felt towards its growth within their nation. If it will keep on going on, bitcoin might really die and vanish as it gets restricted all over the world. 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 don't think so, but I'm pretty sure it's going to lose a great deal of its value. But look at the bright side: it'll become more reliable and trustworthy.
it's less likely that bitcoin will die. because bitcoin is a popular currency today.
I think that once bitcoin get regulated, more people will trust it. And will have a positive impact on crypto world. Many people will trust it because there is a certainty that bitcoin is legit and not a some sort of scam.
There is a lot of information saying that the United Nations will accept the crypts around the world. But besides that, many governments of the countries are trying to link together to destroy the cryptos in the market. Anyhow, bitcoin will never die, because its popularity is spreading all over the world.
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