Will regulation kill cryptos? - page 3.

tungaqhd

hero member

Activity: 1540

Merit: 508

Quote from: Joushi on April 09, 2018, 05:04:18 AM

Regulators want to make sure they protect investors from scams, while at the same time allowing the industry to develop and deploy the new technology in interesting ways. Overregulation could move the action elsewhere, which is what happened in China.

It’s too early to tell who's doing the best job of setting the rules. Nations are taking various tasks.

What do you think?

In some side, it will affect on bitcoin price but can not make bitcoin die. It was not created for investing only.

Name: Claudio

newbie

Activity: 98

Merit: 0

Not really, it helps people of the nation to obey still on the law of government, crypto is free but some are really abusing it and some are using it to steal from others that why regulation from the government are now coming...

stigmacryptonight

member

Activity: 574

Merit: 13

this is certainly a good sign for the development of crypto, especially Bitcoin. And of course also for the investors. Hopefully be a good hope

el kaka22

legendary

Activity: 3654

Merit: 1165

www.Crypto.Games: Multiple coins, multiple games

Quote from: troglobait on April 17, 2018, 02:58:50 AM

I do not think that regulation can kill the market. But it can strongly influence the market rate, through negative news. In the worst case, there will be panic selling

If there would be panic selling as a result of regulation, do you think that would not have happened already ?
Moreover, some people's stupidity is the reason why they will give institutions and bigger players to have a better position in the market and give them more chance to even control the market as they please.

The more we keep having weak hands, the more they keep building their position for the long run. Regulation generally would make those big investors to start considering the market and that is what they call new and smart money.

Dudeperfect

hero member

Activity: 1190

Merit: 534

I don't think that regulations will affect crypto in any way (except centralized systems like Ripple/XRP). In fact, I believe that if there is a pressure from the government on the crypto industry then it will help us to grow. As we all know that governments can not ban crypto but they can restrict crypto to fiat transactions but even in that case, it would boost cash trades and that will create more trouble for the governments. The core ideology of crypto/blockchain is keeping away the centralized authorities from the entire system.

gjtnwls1

full member

Activity: 378

Merit: 100

UNCLOAK™ - Cyber Threat Detection Powered by EOS™

It can effect on crytpos price but I don't think it will kill crypto. It is already popular and trade by a lot of people. It is hard to kill it.

Angelic T

newbie

Activity: 122

Merit: 0

I think crypto is one great investors opportunity and as such the regulations will help but I don't think these regulations are aimed at bringing crypto down. I believe in some years to come when the Cryptoworld is regulated well and there is less scam, most governments will have no other options than to accept cryptocurrencies as means of transactions.

fanhuaijiao713

newbie

Activity: 94

Merit: 0

Regulation is a double-edged sword for digital cryptography.

Opportunity and challenge!

Regulation will have a big impact on the stealth of digital cryptographic currency!

Digital cryptographic currencies that have no real applications will be eliminated, and digital cryptocurrencies with real value will be appreciated.

dexterbit

newbie

Activity: 82

Merit: 0

It seems like governments, out of self-preservation interest, will at the very least want to make sure crypto is taxed. As the market cap of crypto continues to increase it seems like it will become an ever bigger target for the possibility of tax revenue.

Infern0

member

Activity: 126

Merit: 10

Regulation of the crypto currency market can kill rather volatility in the market , but not the crypto currency itself. Finally, there is always a way out - to go into jurisdiction where there is no regulation.

rickyNmorty

member

Activity: 451

Merit: 15

Investor

If regulating bitcoin usage on certain countries means that it could be used on that country legally, then I don't think it would hurt bitcoin in any way, shape, or form. If anything, this would mean that bitcoin's reach indeed has been extending even in some conservative countries. Moreover, there shouldn't be any issue with regulating bitcoin use in a country since it is only decentralized, not rouge.

Aryadwipanggah

member

Activity: 350

Merit: 13

I think a regulation will not kill crypto, but its impact is also like the ups and downs of the price is the effect of a regulation. The regulation will also cause panic for new users. keep in mind that crypto is decentralized so that no one can control it including regulation. so regulation will not be able to kill the crypto world

KuyaBreezy

member

Activity: 504

Merit: 10

ONe Social Network.

Regulation may not necessarily kill cryptos,but it may limit its freedom as most of its activities will be under control. on the brighter side, there will be more trust in cryptos and thus attracting more investors and users

Russlenat

hero member

Activity: 2716

Merit: 904

Regulations can't kill cryptos in-fact it is the best way to control the cryptos for the sake of the people to avoid scams, regulated cryptos is the safest crypto to invest.

DoublerHunter

hero member

Activity: 2590

Merit: 644

I don't think that the regulation will kill the cryptocurrencies because in fact it will help the cryptocurrencies to avoid getting into trouble because if they have regulation then the government will be able to minimize the possibility of having bad people that will interact and use it to do illegal stuffs so i am a supporter of regulation for the cryptocurrencies.

Biso

newbie

Activity: 27

Merit: 0

Quote from: amishmanish on April 09, 2018, 08:49:40 AM

Regulations are the goverment's perogative and right now, these will have to be accepted as facts of life.

Those who have the purely libertarian viewpoint want to live in countries which leave crytpos fully unregulated. There have even been proposals to build seasteads where normal jurisdictions won't apply. This is quite fascinating but not practical for everybody, as of now.

So we have to sit back and look for the possible regulations:

1. First will be the requirement to have full KYC when dealing with crypto.
2. There maybe some sort of taxation built into the system, which normal users already pay as a service tax.
3. ICO regulation and audit can be a big area of improvement, if the ICO craze has to actually be of any value.

These regulations should serve to make market safer for the average investors. The biggest problem will be maintaining a balance between privacy and law-enforcement. This is the trickiest bit of the problem.

One thing is sure that it can't be regulated out of existence. If such a thing happens, it'll just move into the background again. People will move to friendlier countries and we can have a division of the camps that support it vs the non-supporters.
Fiat vs Bitcoin may well be the 21st century equivalent of the Socialist-Capitalist economy divide.

I think this way of putting it into words is pretty realistic and I like the comparison with the Socialist-capitalist "war"

jhache

full member

Activity: 518

Merit: 100

The best thing about cryptos is that they are decentralized meaning no governments in the world can control it. Even if they bring in regulations they wont be able to control it. Also some regulation is going to be good for the crypto markets as it will bring fear in the scammers and they will think twice before doing something shady.

Impros88

full member

Activity: 293

Merit: 100

nah they will not kill any crypto , may be they will make some taxes or will make some problems for us but nothing else.

jemarie20

member

Activity: 434

Merit: 10

I think no because regulation is just a thing that impose some thing to regulate the use of bitcoin but not to shutdown the bitcoin as one of the great digital money.

Blakscorpion

full member

Activity: 215

Merit: 100

CryptoFan

Regulations are not a bad thing everytime. It can be great to build good fundations and avoid going and following millions of different path and doing nonsense thing...

Topic: Will regulation kill cryptos? - page 3. (Read 819 times)