Will bitcoin go under regulation - page 31.

Harrow30

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Quote from: rosstiller on June 02, 2018, 06:04:23 AM

Many government are seeing Bitcoin or cryptocurrency as a threat to their financial system and they think it should be regulated to solve the problem. Do you think they can regulate Bitcoin ?

The entire cryptocurrency is and has been a continuous threat to the government and other financial bodies as the bitcoin's aims and objectives; decentralization and the likes completely contradicts the structure they have on ground. The regulation is an avenue for the government to come in and stabilize the market and not to make bitcoin go down as this will not be allowed.

BitcoinGuru123

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I think not, bitcoin will not undergo regulation because ,bitcoin is decentralized kind of cryptocurrency , even if government impose it but bitcoin has not yet , collaborating wirh the government so there is no agreement between two parties , so bitcoin would not be regulated.

Fenixsfeather

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I think they can't. So that is why I guess governments will create their own cryptocurrency.

adjudicator

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Quote from: rosstiller on June 02, 2018, 06:04:23 AM

Many government are seeing Bitcoin or cryptocurrency as a threat to their financial system and they think it should be regulated to solve the problem. Do you think they can regulate Bitcoin ?

Yes they can, government has a power to make law and regulate some things that can be a threat to life of their citizens, so that they can instantly bann the bitcoin and no one can use it in public.

hulla

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From the early stage of bitcoin till early month of the year 2016 bitcoin was totally decentralized but not anymore after the KYC/AML was bringing into cryptocurrency exchange policy. Therefore, there is chance for the government to regulate bitcoin but not totally regulate Bitcoin.

olenka.1988

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I think in general regulation of the transactions themselves is not possible, but the earners and exchanges, it is already possible

MrRiuss

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Quote from: rosstiller on June 02, 2018, 06:04:23 AM

Many government are seeing Bitcoin or cryptocurrency as a threat to their financial system and they think it should be regulated to solve the problem. Do you think they can regulate Bitcoin ?

yes, i think they can regulate bitcoin. they can do what ever they want to do, because they are who have the power to govern.

rolls89

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Possible maybe.As in many countries the govt has banned banks from supporting Cryptos.But the govt's who regulate it might loose an edge over those who don't

Ezenwanyi1

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Veil

I think it would be difficult for bitcoin to go under regulation, considering that its decentralized structure.

perova93

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I believe that it remains for us to wait very little, when every government of its state will start issuing laws about the crypto currency.

Captainhoook01

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Quote from: rosstiller on June 02, 2018, 06:04:23 AM

Many government are seeing Bitcoin or cryptocurrency as a threat to their financial system and they think it should be regulated to solve the problem. Do you think they can regulate Bitcoin ?

I think the government must review on this on how they can regulate bitcoin and other cryptocurrency so the people can benefit the regulation and to limit possible fluctuation.

SivaSankarSMS

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It can be under regulation determined by a country,if you buy a bitcoin/iphone/beer its stil moving FIAT from your account to the fiat bank account of a bitcoin/iphone/beer seller.governments have laws that keep fiat in play, minimum wage, tax, court fines, etc. so fiat is not at risk to governments.
because the value or bitcoin price is not affected by the regulation that is applied in a country, but bitcoin price is influenced by several factors such as, bitcoin influenced by supply and demand in market. If many people buy Bitcoin with a large amount of Bitcoin prices will soar up. Conversely, if many bitcoiners are selling Bitcoin then bitcoin prices may drop sharply.

ralph_0608

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Quote from: rosstiller on June 02, 2018, 06:04:23 AM

Many government are seeing Bitcoin or cryptocurrency as a threat to their financial system and they think it should be regulated to solve the problem. Do you think they can regulate Bitcoin ?

in order to legalized crypto all over the world it need to be regulated so government can control it and may not be used for money laundering and some illegal activities and can minimized market manipulation also. and this is also good for crypto if it is regulated as it may protect investors money againts scam and fraud crypto coins.

Undermood

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I think it's a deal. The economies were already there and the bitcoin was in their midst. This is normal. Country economies do not need bitcoins, but bitcoin needs them. If any regulation is made, I don't think you will be objected.

Happy Fun

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Manage bitcoin? I think not. Bitcoin is currency who has own rules and it's not have physich form but digital. The price isn't stable can going up and down drastic anytime. which become my question is was what is bitcoin will be legal in future by all countries? what's your opinion?

levvv

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Quote from: rosstiller on June 02, 2018, 06:04:23 AM

Many government are seeing Bitcoin or cryptocurrency as a threat to their financial system and they think it should be regulated to solve the problem. Do you think they can regulate Bitcoin ?

If in your country bitcoin is allowed, then your country government is regulate the bitcoin indirectly.
But they cannot fully control or tracking any all of transactions in bitcoin in your country, because bitcoin is decentralized, not centralized on government.

agiskasep

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This is bad for goverment and they are trying to regulate it in different regions of the world, and I see that it will be more regulated in the future. The increase in this moment will reduce the number of new attacks.

emath7

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Bitcoin is unique technology and revolution. I believe, Bitcoin will does lasting impact at World. Goverments must more producer and have solution. They are waiting now. This is wrong.

joy99

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Bitcoin going under regulation is good for me because it will raise the trust level of people to invest in it. The more investors see that regulators are interested in bitcoin, the more they invest in it.

Harrisonimo

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Quote from: rosstiller on June 02, 2018, 06:04:23 AM

Many government are seeing Bitcoin or cryptocurrency as a threat to their financial system and they think it should be regulated to solve the problem. Do you think they can regulate Bitcoin ?

I don't they can come in to fully regulate the cryptocurrency markets as this will be forfeiting the decentralization power of the cryptocurrency markets. As much as I do not subscribe to the abuse of pumps and dumps if the markets, I do feel some levels of regulations be put in place to keep the bitcoin itself into a safe check.

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