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Topic: Will Countries' Strict regulation and Ban will kill Cryptocurrencies? - page 4. (Read 573 times)

member
Activity: 204
Merit: 10
If I may chime in with my limited knowledge, I would state that nothing stays in limbo for long. There are two pathways we have front of us: Either more and more countries will succeed in banning cryptos for good, which will mean that especially the altcoin market will die.
Or, after trying for a while to kill the market, these countries give up, since the financial repercussions of destroying the crypto markets will be huge if you ask me.
In that case we will have a brilliant future ahead of us. 2018 is the year where we will see which way the markets are heading. There is no way though to predict which way the markets will be going.
The weak hands will start to sell more and more and the strong hands will hold on to their portfolios, prepared to loose all their investments, or should the sentiment change, they will make huge fortunes.
Personally I count myself to the second group of investors, either I loose it all or I will gain big time during 2018-2019.
newbie
Activity: 25
Merit: 0
Did the Ban in china killed the crypto's? Did the speculation about the ban of bitcoin in South Korea and Indonesia Killed the crypto? So what do you think? Although it had effect to the current market price, the crypto's always find a way to make a bullish run.
member
Activity: 210
Merit: 10
That is unlikely, as China closed all of its cryptocurrency exchanges last September, but then it lost China, and the cryptocurrency rose to a new level.
newbie
Activity: 27
Merit: 0
Strict regulation or banning of crypto will never stop the people choosing the new form of currencies. It is one of the greatest idea ever created. Cryptocurrencies will continue to flourish due to people are leaning into the cashless society.
full member
Activity: 560
Merit: 107
Keep Working
We have to wait and see, most of the time market overreact to these type of news.  Cool Cool Cool
hero member
Activity: 1316
Merit: 503
I am worry about new regulation some countries. The good news is only from Japan. China, Indonesia, USA and metropolitan banks that halted service for wire transfer with discontinue VISA. What do you think?
I think altcoin is not on the verge of death but maybe its use may be reduced. I feel this blockchain technology will be implemented every bank in the world.
member
Activity: 546
Merit: 10
I think sooner or later the countries will still have to recognize crypto-currencies, because most of the population of the planet Earth will be able to use them contrary to the authorities and laws. The only thing they will have to abandon the bank and all sorts of such projects.
jr. member
Activity: 182
Merit: 1
China and other south East Asia countries gradual withdrawal of interest in Bitcoins can affect the cryptocurrencies market in the near future since it will reduce the demand for altocoin but if European countries join the train for banning cryptocurrencies then R.I.P Crypto.

First of all I don't think most European countries would start banning cryptocurrencies (or I hope so anyway).

Either way, I think crypto is going too strong for it to suddenly die if a few countries decide to ban it.
jr. member
Activity: 210
Merit: 1
OMNITY Knowledge, connected
Of course big power will try anything to stop cryptocurrencies, because the can't be controlled.
But nobody can block transactions between us.
newbie
Activity: 70
Merit: 0
This is the only thing that can stop cryptocurrencies, but it is unlikely in the long run, because all of the countries in the world will have to do it. And this is not how politics work usually. Roll Eyes
member
Activity: 358
Merit: 11
China and other south East Asia countries gradual withdrawal of interest in Bitcoins can affect the cryptocurrencies market in the near future since it will reduce the demand for altocoin but if European countries join the train for banning cryptocurrencies then R.I.P Crypto.
member
Activity: 139
Merit: 10
China and South Korea plans to further regulate encryption monetary news led to the recent general encryption currency markets fell, I think it won't let the BTC towards death, but the altcoin death is very likely.
full member
Activity: 448
Merit: 100
I am worry about new regulation some countries. The good news is only from Japan. China, Indonesia, USA and metropolitan banks that halted service for wire transfer with discontinue VISA. What do you think?
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