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Topic: Will bitcoin go under regulation - page 35. (Read 211129 times)

full member
Activity: 308
Merit: 100
July 24, 2018, 02:18:30 PM
i think whats holding bitcoin mass adoption is the lack of institutional investors.and whats holding institutional investors is bitcoin price volutility and and lack of proper regulation.so its a matter of time before govt regulation kicks in as we see in korea,india and other countries couple with the ETF SEC ruling expected in August
sr. member
Activity: 560
Merit: 250
July 24, 2018, 02:09:33 PM
That's being wondered by most of people who involved bitcoin universe. Actually bitcoin is mostly under regulation even if we don't want that. We use exchanges, exchanges take our infos, paying taxes to governments and give our infos to them if they are forced to do that. We use similar "localbitcoins" and same thing happens. Long story short, You can run but can't hide, you're under control. Smiley  
newbie
Activity: 51
Merit: 0
July 14, 2018, 07:20:13 AM
bitcoin will always be a threat to the global financial system. i think governments will not stop trying to regulate bitcoin but will surely not succeed in the near future.
member
Activity: 308
Merit: 10
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July 24, 2018, 02:08:17 PM
Many investors do not want to buy crypto currency because of the lack of regulation. I do not know how they want to start to regulate the crypto currency, but I think it will have a very good effect on the market.
full member
Activity: 263
Merit: 100
July 24, 2018, 01:17:10 PM
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 government can not really regulate bitcoin, the government can only impose some restrictions and set tax rates. Bitcoin is not a part of the economy of a country, bitcoin also has no institution. Bitcoin is only part of the internet network.
sr. member
Activity: 672
Merit: 250
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July 24, 2018, 12:27:16 PM
The governments aren't looking to regulate Bitcoin but to ban it. But they aren't able to figure out a way to do that due to the decentralized nature of Bitcoin. But today or tomorrow the governments will have to regulate Bitcoin and it will be a bit good too for the industry as it would prevent hackers and scammers from getting away.
newbie
Activity: 106
Merit: 0
July 24, 2018, 11:56:11 AM
Before anything else they have to accept first bitcoin, they have to embrace and not to think that is a treat in the economy, it's not impossible to go under regulation.
member
Activity: 209
Merit: 12
July 24, 2018, 11:47:56 AM
Trying to regulating bitcoin is like trying to control the direction of the see waves. It will be very impossible to control bitcoin due to its decentralized nature. The best solve for the government, is to accept this new revolution because no matter how they make bitcoin illegal, people will still use it. All they need is the internet to make their transactions. Cool
newbie
Activity: 98
Merit: 0
July 24, 2018, 11:37:33 AM
For sure some countries will regulate bitcoin on their system but the sole purpose of cryptocurrency is to get away to third party and to be decentralizedd exchange from peer to peer exchanges.
member
Activity: 118
Merit: 10
July 24, 2018, 11:35:17 AM
Bitcoin will go under regulation only the countries who have good intentions to rise their citizens life uplift with proper plans of development of the country's welfare as possible as to develop their infrastructural development then surely bitcoin will get it's value this will prevent illegal activities from the people who unknowingly destroy this digital cryptocurrency.
jr. member
Activity: 90
Merit: 1
July 24, 2018, 11:12:32 AM
It cannot be regulated. That's the whole point of Bitcoin, to be free from government regulation and manipulation. The value of Bitcoin has surged this high based on this one selling point alone.
newbie
Activity: 14
Merit: 0
July 24, 2018, 09:54:29 AM
In my view, Bitcoin will not be a means of payment and a legitimate currency worldwide. Although last time, bitcoin has made the global boom, many investors have plunged into this war but the Bitcoin market has continuously increased and changed complexity. Not only that, the value of this digital currency is related to the speculation and optimism of the Bitcoin store investors, so it is difficult to set long-term regulations for Bitcoin.
newbie
Activity: 13
Merit: 0
July 24, 2018, 09:52:41 AM
Yes, I think digital money can be regulated by the governments of countries around the world accept bitcoin. With the current overheating with many risks, bringing wealth to many investors or possibly bankruptcy, bitcoin needs a regulation, a certain rule to continue stable development.
newbie
Activity: 182
Merit: 0
July 10, 2018, 07:12:32 AM
Impossible. The government can not adjust the value of bitcoin. They can not change anything about bitcoin. But they can ban people in their country not from using bitcoin for payment. And this has a very bad influence on bitcoin. It's correct. If the projects require a KYC participant, the government can control the information of all investors. But I think this will be a safe solution for us not to encounter scam projects.
full member
Activity: 450
Merit: 107
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July 23, 2018, 08:59:58 PM
may be. the government can regulate the use of bitcoin and legality if the transaction uses digital currency as a substitute for fiat currency. so that all parties who use bitcoin will get the same rights to obtain trade legal protection.
member
Activity: 597
Merit: 10
July 23, 2018, 07:58:47 PM
Maybe India will be the first country, where bitcoin will go under regulations.  In newsbitcoin website, today I have read an article that Indian crypto regulation ready by September! So, this news is not good for us as well. I don't want to see bitcoin in under regulation. Now in India, day by day other countries will try to pull bitcoin under regulation. Regulations will be very harmful to the bitcoin freedom.
full member
Activity: 364
Merit: 100
July 23, 2018, 07:58:15 PM
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 am pessimistic if the government can regulate bitcoin, because we already know all bitcoin transaction system is a feer- to- feer transaction system, without involving third person like bank or government, besides Bitcoin also have anonymous characteristic that conceal identity. but I think the Government can control the income from bitcoin and crypto currency when they decide to exchange Bitcoin funds with paper money.
member
Activity: 413
Merit: 10
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July 23, 2018, 07:41:16 PM
It could happen if the government starts to interfere about Bitcoin and know the big profits in every country if they know how to manage.
newbie
Activity: 114
Merit: 0
July 23, 2018, 07:33:36 PM
yes I think the government should set the rules in this bitcoin transaction, because it could be bitcoin will affect the country's economy .
member
Activity: 672
Merit: 14
July 23, 2018, 07:28:48 PM
Bitcoin has seen a lot of tribulations since its inception and till date Bitcoin has experienced some regulations in certain countries. Due to its decentralized nature, the governments always want to take control over it and manipulate its market to suit their preferences. In order for Bitcoin to meet a peaceful transaction throughout its lifespan, i believe it should rather adhere to the terms and conditions of the various governments in order to receive the legalization status.
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