Will bitcoin go under regulation - page 45.

sakahayang

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Quote from: Apriand on July 01, 2018, 06:46:23 AM

It is really very difficult to regulate bitcoin, because the network is not keeping any of your data, so only exchanges can make this market regulative. However, we have decentralized exchanges

True, I also think that the government will not be able to regulate Bitcoin but the government can monitor the movement of all Bitcoin transactions. The government should be able to cooperate with the coin developers, of course, this must be made MOU to be able to work together. I think that's what the government should do to be able to monitor all movements of Bitcoin transactions.
I think all coins can be monitored transactions, except Monero Coins (impossible to monitor monero coins)

nazarovv

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i think they wont stop until they do.

Btcalimie

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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 they can regulate BITCOIN. Although it is a long process but this is highly possible due to the strong impact of BTC in the global economy's which has slowly become a threat.

xamxam

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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 ?

Well, this is a big forum regarding this matter. Although we all know that there are lot of people who change their life style through the help of crypto currency, we can say that this is a big help in many problems, but government will hard for them to regulate crypto currency as what i think.

mwaqar17

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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 ?

Bitcoin has emerged as real threat to conventional financial system. It is very difficult for conventional system to adopt any new or advanced financial system that is the reason they are against crypto currency. BTC has to achieve another milestone to be able to replace conventional financial system. Then it will be necessary for conventional system to adopt BTC/crypto currency. Most importantly this time will come soon.

iqbalt34

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Well i think Bitcoin will be regulated in some countries, First World Countries like Germany, Japan, South Korea and Australia are some of the few. Strange why some people here are afraid of governments and yet wants bitcoin to become mainstream and Some countries have started the regulations already but the real actualization may not be possible. The government are not doing this for the good of their citizens but for their selfish interest.

venlo

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I feel it would be more comfortable if bitcoin stays like this, everything is done privately and does not involve any party including the government. because if bitcoins are under regulation, there are definitely strict rules, including rules on outward transactions. and also the taxes levied must be great.

Bit-Tech

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indeed lately the government often talk about bitcoin, especially the technology behind the crypto, namely blockchain. but I am not that fast the government will regulate bitcoin. because if they end up using blockchain technology in their banking system, that does not mean they accept bitcoin as the official currency and provide regulation.

gwyncox.81

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Right now governments have made it fall under the regulated asset, which is the major cause for the price to be fluctuating within limited price range without further pumping. Some governments view bitcoin as a threat to them financially but other countries with advance economies see bitcoin as another source of tax.

yoseph

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Quote from: taeewo on June 30, 2018, 02:11:57 AM

it will be better it goes under regulations quickly now before things get out of hand, they have been manipulations and also scam project flying around, regulations is really needed to be set by the SEC..

I totally agree. Regulations are indeed very essential because of the way that people use Bitcoins and am talking about those who use it just for criminal activities. It's my hope that these regulations by the governments is going to get rid of all these activities.

runway

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The growth of bitcoin is not regulated but it is growing according to a rule. This market usually rises in the middle of the following year until the end of the year and starts rising again. I feel like this is a rule.

Tiger Junk

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Quote from: makutu on June 30, 2018, 01:58:44 AM

Gradually BTC will be legalized in other countries, Bitcoin as a means of trading may be used outside the official currency held in that country, but for Bitcoin's value there are no rules. can adjust it. Because the value or price of Bitcoin is not affected by the regulations applied in a country,

Bitcoin is decentralised in nature meaning the no other parties even the government have no control over it. I think it would only be go under regulation if it involves in any fraudulent activities. It may not be totally be regulated but it is possible that government put some restrictions with regards to it.

railyako

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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.

Tiktik

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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 ?

For now there's a lot of regulations that government want to implement about bitcoin but its hard to put tax on bitcoin because the user is hard to identify and if the government successfully put a regulation on bitcoin I hope it will not lead it to the corruptions because we cannot deny the fact that many government officials are corrupt.

taeewo

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it will be better it goes under regulations quickly now before things get out of hand, they have been manipulations and also scam project flying around, regulations is really needed to be set by the SEC..

nicolaz.zhu

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yes, because they can use it themselves, and alter any aspect they want, but they can not change the whole bitcoin system.

n0ne

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More and more support for Cryptocurrency usage around the world keeps on increasing. The same has been given importance as a better way for financial development and perfect administration without flaws. Possibly more countries who were against bitcoin were now coming up with plans to use it for their financial uplifting. With this I believe even the regulations put forth will not affect the usage.

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Quote from: bling-bling on June 30, 2018, 12:00:55 AM

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 ?

It's already starting actually. KYC, limits on transactions, high transaction fees...these are signs of the impeding regulations that are soon to be imposed. It's just a matter of time before things get crazy...

Yeah, but hopefully soon all of this will be regulated fairly so that as time goes by more investors will not think that having bitcoin will be a headache because of continues additional requirements given by the governments.

looterrific

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Well, most of us saw that Bitcoin would be regulated for it to be a viable enough as a transaction for the masses. I know it has it's ups and downs but I think that's the only for Bitcoin to grow and to be use by people around the world with less doubt and negativity. Actually, the government as limiting some of the factors that affects people and Bitcoin. Like for example, verification of Identity for people to use an exchange and other things.

bling-bling

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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 ?

It's already starting actually. KYC, limits on transactions, high transaction fees...these are signs of the impeding regulations that are soon to be imposed. It's just a matter of time before things get crazy...

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