Topic: Will Countries' Strict regulation and Ban will kill Cryptocurrencies? - page 2. (Read 583 times)

I'm concern that government regulation might continue in the future. Many country will follow if the cryptoworld continue to expand. They see the crypts as a threat to there monetary system. Also many bad elements join to the bandwagon of crypts (corrupt politician, gangster, etc.) to involve in money laundering.

Maybe sooner or later all countries will still have to recognize cryptocurrencies , because most people in the world will be able to use them contrary to the authorities and laws. The only thing they might have to abandon the bank and all sorts of such projects. Or they try to incorporate cryptocurrencies in to banking system. 

they try to stop or ban or kill Cryptocurrencies, but It's never success , I think this (country try to ban) let more investor join Crypto Family, It's can easy to move your fund (cryptocurrency) to another country / anywhere , they also can't stop our transaction , so don't worry too much

I think so,crypto currencies is the future money. Many young men involved in cryptos. Only old men who still strict to banking industry. it is time to ruin the hegemony of bankers around the world. All regulation and ban is from bankers and dictators govt.

I’m just hoping that this kind of thing won’t happen. I’m also worried about some countries’ actions about cryptocurrencies but i wanna think that the market and crypto will survive.

I don't think that would be possible. They will lower their pride if they do that( which I know they won't) They will strictly impose bans and regulations to bitcoin.

Instead of banning cryptos , All government should work together with crypto developers to make the applicable rules in trading, making payment and exchanging to fiat. By giving identification to exchange with fiat and apply better AML and KYC, cryptos and gov can work together.

different countries have different regulations in terms of using cryptocurrency or bitcoin in particular. But on my own opinion with all that strict regulations or banning bitcoin it will never stop the mass adoption and bitcoin users as well. Simply because bitcoin really helps people earn money and make profits. As long as there are people using bitcoin or cryptocurrency worldwide, even if they release a new regulations or ban cryptocurrency still they cannot kill cryptocurrency as long as there are users who continuously using it.

I think this is about the long game. Obviously there will be more money made at the beginning for people who take the biggest risks.
I don't say that lightly either, because there are some people that have probably put more on the line than you think. Anyways, Obviously
some people will make more money than others in the next couple of years, so you're probably thinking, yanno, you want to make the smartest
decision now and feel more stable in a time when all the coins are freaking out and regulations are popping up everywhere blah blah and it appears
to be a situation where this technology is being directed into an area that supports the system, which is the thing that we are actually interested in
getting away from!

This is soooo new stuff, you know? I think we're expecting it to work just like our other trends, like facebook or google. Decentralization socially
hasn't happened for such a long time(and there are many with the money to help them have the perspective that decentralization could be a
threat to their safety or way of life). It's not just technology and banks and infrastructure in the way of adoption but society, and while it has the potential
to change a lot of peoples lives it may take a while to prove valuable enough to be considered by more stable investors and larger value producing
economies.

Sooooo, will regulation and bans "kill" crypto? no. The problem probably isn't even the crypto, I think its more like the hardware the crypto is running on
has issues and we haven't designed the internet to do what we're proposing. We need time to prove long term that this technology is viable and
valuable and can actually do what we're claiming it will do for us. Then we can begin building the infrastructure, clearing out the bugs and
fixing the holes and back doors, and it won't be such a fad by then it'll be like...Tesla...how he is now in our minds, just that guy that makes
electric cars and batteries and space travel and all that. By that time? We'll probably be a little richer and a little smarter, at which
point if the crypto market is still tanking or pumping and regulation is still keeping the real innovation from happeningthen I would speculate
that there is a huge problem and I would riot or something. And I'd probably sell all my crypto for survival gear. Just, yanno, what I'd do though.

But I think at that point, it would've been US who killed crypto, for losing interest after it didn't produce enough returns or for turning away
people from our communities because they're not into crypto for the same reasons you are, etc etc.

Cant be banned. That's the beauty of cryptocurrency. No country or government owns it.

No exactly they cant,people are smart they will find ways to cash out easily without using these banks.

actually a lot of positive things that can be obtained for the economy of a country if the government wants to recognize the existence of bitcoin. because I think at least bitcoin will be able to reduce the rate of unemployment that may still be a polemic faced in a country. besides that I think there is nothing wrong if the government is willing to apply regulations that will be more controlling the movement of bitcoin this of course there will be some kind of foreign exchange that will be able to become income for each country.

If it is true, it will be very bad. This will make bitcoin users harder, and I think this will affect the value in the market. but is that so? and also we wait for the truth of this news first.

I do not think that way. It's true about the ban and closure of bitcoin mines, but I think it only affects the market price for a while. then the bitcoin market price will rise again, because it is not possible to ban the use of bitcoin worldwide, while there are still countries that allow it.

I've already talked about the legalization and prohibition of crypto currency, but I would like to add about the tax if they simply introduced an ordinary tax, such as a tax on the acquisition of things, because the crypto currency can still be considered a thing, even if at least 5% do not mind

Well, i hope regulation come to make Cryptocurrency has best quality in the market. Regulations will go, but People more smarter than regulation.

Cryptocurrency already a reality. The whole process is not likely to be able to stop. Many countries try to prohibit and to push back their progress. Bitcoin will recover and go to new heights. Everything will be fine!

The bad news from governments all over the world will definitely impact Bitcoin price.  I expect to see more countries coming up with such bad news. The good news is Bitcoin always recover after each events.

I wonder if futures trading have anything to do with this?  Goldman Sachs will benefit on it going either way ...

This is what I was thinking as well. Why not ban btc instead of some no name coins no one cares about?