Will bitcoin go under regulation - page 48.

camric09

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Quote from: Razick on June 27, 2018, 06:09:31 AM

It is very likely that bitcoin and all of the other altcoins will go under regulation as that will help the governments to properly tax crypto earnings in the coming years. We should not be opposed to regulations though because it is with regulations that some sanity will be restored in the market and there will not be so much manipulation again

You are right, maybe if cryptocurrency will go under regulation then manipulations of market price will be lessen, or maybe will worsen it depends how the government will implement the regulations.

Max quee

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From my opinion many government thinks of bitcoin as a threat but bitcoin can never be regulated by them. Because government cannot regulate blockchain technology.

Dann hauer

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do not know for sure because currently there are only issues of government issues regarding bitcoin regulations and to date there is no regulatory requirement in my country.

FXTradingPro

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Bitcoin itself might not be regulated but the exchanges would be. It would be a positive move as all the recent hacks have really hurt investor confidence. Speculative markets and the security of them are very important for the success of BTC.

https://forexmarketslive.com/crypto-exchanges-have-a-security-problem-and-they-better-fix-it-or-else/

mensha

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Although transactions of bitcoin or other altcoins are untraceable in fundamentally, currently many ICO projects are requested to follow KYC (Know your customer) before doing any investment. Then it is possible to trace the transaction for any legal or regulatory matter. With this government can implement governing system for crypto currencies also.

Crypto11021

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Thanks for the post, I think if Bitcoin is to be recognised and accepted globally there has to be some regulation if not we will continue to witness all this manipulation of bitcoin price by whale's in this game. If Bitcoin is not regulated I doubt it Will be able to achieve it's potentials.

endut15

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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 that the government is quite difficult to manage and manage bitcoin. because most of the bitcoin is almost in demand by every country, but not many countries are also agree on the bitcoin in circulation.

jetjet

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I think cryptocurrency can be regulated somehow by the government. Even cryptocurrency is decentralize, government can do anything to their nation. They can regulate everything! I think if the people is involve government will always go into it.

Henry Sy

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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 know precisely, however as bitcoin decentralized online advanced cash, bitcoin makes exchanges namelessly, at that point there has no possibility to include bitcoin under direction. This is only my perception. We will find in future

Razick

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It is very likely that bitcoin and all of the other altcoins will go under regulation as that will help the governments to properly tax crypto earnings in the coming years. We should not be opposed to regulations though because it is with regulations that some sanity will be restored in the market and there will not be so much manipulation again

krystal37

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at present situation government think bitcoin is threat for his kingdom. They can only ban it or accept it. There is no third way. I prefer to live in country that accepting cryptocurrency and that's all.

ganlianshifu1

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In order to use Bitcoin to illegally transfer assets, especially in anti-money laundering, financing, etc. to strengthen supervision!
Help BTC to better serve humanity!

queenlaurel

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Bitcoin might go under regulation through people using it. Thorough screening of people who use Bitcoin, to avoid and stop hackers and scammers. Bitcoin itself can not be regulated because it's digital money, it can not be controlled. Transactions are made based on the choices of the people involved.

Ashwin Kumar

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It is not easy to regulate bitcoin. But I saw so many scams regarding cryptocurrency . So I believe, the governments are now looking at the possibility of regulating bitcoin so that bad people stay out of bitcoin.

demonist

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Initially bitcoin was created in such a way that it was not regulated. The market should regulate its price and all. But let's see what will happen next.

Btcmaeng18

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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 think so but it is impossible that government can regulate bitcoin because bitcoin works alone and no people operated.

jchav010101

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The regulation made not to regulate the bitcoin price in the market is sufficient.The regulation regulates the things that are needed to make it easier for people to trust bitcoin as a digital investment asset.Some government wants to go with the bitcoin.So bitcoin can be legalized.The problem also really does not come for granted but there is always a cause first. So we must respect the opinion of the government who wants to set the bitcoin.

bubblebubble

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I hope it will happen soon to avoid unuseful FUD and spread bitcoin use opportunities.

nieninja53

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Blockchain technology is great and enough that make the best option to run the bitcoin without any regulations, Blockchain technology is so great and It makes you able to work with the best and best technology in this world and you have no need any regulation it makes you easy free and comfortable,

wolffy0216

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Quote from: BeGoods on June 24, 2018, 09:54:13 PM

Quote from: Rebisco on June 24, 2018, 09:39:33 PM

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 ?

There are many regulations that the government implementing in my country. The law makers created many regulations because they want to protect their citizens from using cryptocurrencies.

What are they protecting for? because I don't find a clear reason why they are banning bitcoins? threat to local currency? I think no, people know which their major currencies? Of course fiat. I hope the government can start consciously to give the rules on bitcoin, for the common good...

Maybe goverments are just protecting their countries from illegal use of bitcoin, as we all know many of bad people are using bitcoin as their medium to transfer illegal money.

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