Bitcoin Forum

Hello,

Just read somewhere that BTC is accepted by strippers now? lol


I wonder what will happen if it gets regulated by the government? value would go down? perhaps consolidation?

Overall , what's the general outlook? Obviously, I understand it'll be personal opinion but still. Go ahead and share. I'll get to learn something new.

It is not a big wonder if strippers would be accepting Bitcoin as more and more people are getting acquainted into Bitcoin. Now, am wondering if how many customers would be using their Bitcoin just for a sleazy entertainment.

On your question, Bitcoin or rather the use and trading of Bitcoin is already regulated in some countries like Japan. The government has laid down rules of the game where exchanges and users have to follow otherwise there can be violations and penalties. I see no problem with that because this is the way for Bitcoin to grow more.

Why it would go down? regulating bitcoin will only make the people who are skeptical about it to give it a shot and invest in it, this means more demand and result in a higher price instead. The adult industry (including strippers) was one of the first to accept bitcoin, I believe its only due to the reason on how you can't trace the payments etc. otherwise they would stick to old methods.

I agree. People would feel safer using Bitcoin if governments recognize and approve of it's use.

It is important to note that it depends on the amount of regulation. If they straight up make it illegal then it would hurt Bitcoin, but it will still grow in the long run.
But more regulation, the worst it would be for Bitcoin, as it would legally limit your use of it.
It would probably mostly impact users privacy and add some taxes, since governments love taxes.

How should governments be able to regulate bitcoin? It is a decentralized currency. But governments surely are planning their own cryptocurrencies and also financial institutes.

It's already regulated - you have to pay taxes when you sell it with profit, popular exchanges follow KYC/AML laws, transactions are being monitored and some of them get traced. The important thing is that Bitcoin should never be regulated from within - we must always check if proposed changes affect decentralization and reject everything that will make Bitcoin more centralized. So far it work, and Bitcoin users have a total freedom of what to do with their coins - either comply with government regulation or avoid them by using unregulated services.

Are they showing you a QR code while performing a private show? Or how it works?

If under regulation you mean anything like regulated emission or smth like that then it won't happen. At least untill bitcoin is decentralized.

I see that now the regulations about BTC are usually little, and are aimed at criminals and all that illegal stuff. So in my opinion this tiny additional rules are necessary.

Another Example of regulations:  BTC exchanges in Canada are subject to the anti-money laundering (AML) laws. what's more the exchanges are obliged to register with financial transactions and Reports Analysis Centre (FINTRAC).
So as you can see we have some regulations are in the majority countries.
 

LoL so much easier for Pimps to accept payments but so is cash. The flip side is- HUman trafficking and all that would also become easier because cash can be traced to an extent -BTC goes poof.

However, cash needs to be washed, bitcoin doesn't.

Yes, it's regulated to an extent -for example some exchanges-don't allow more than $2k daily withdraw and higher you go -identification proof and what not.


I was talking from the perspective of- what if they step in and say- because BTC is used for so many illegal things- YOU ARE FORBIDDEN from using it. What if that happens?  It's stupid but we have seen examples of strong bullying weaker into even wrong direction because they think it's the right direction. (Know what I mean?)

Since bitcoin is decentralized, the only important aspect that can really be regulated is when it's converted to fiat. The worst a government could effectively do is shut down the ability to exchange bitcoin for the national currency. Unless a lot of governments did that at the same time, it couldn't really hurt bitcoin since you'd still be able to use it even in countries where it's regulated and it would retain its value since people in unregulated countries could still convert it to local fiat.

Governments would have to be really stupid to do that though because they'd be killing the blockchain ecosystem in their country and all these startups with so much potential would move to other places.

My fantasy is going crazy right now when I imagine how strippers would take payment in bitcoins for their work! As I know they take just cash during the dance, but how to give them bitcoins if it doesn't has a physical form?! Haha ;D

How could they regulate it? The only way the could change it is if they infiltrated the developer team and acquired majority stake of mining, then they could propose a change (i.e., regulation) and have their majority mining adopt it. This wouldn't be fool proof because any change that looks suspicious would be scrutinized and likely outed as government sponsored.

The regulation they can enforce is taxes on income, taxes on investment gains, etc. I suppose they could say it's outlawed, but that would only mean that retailers couldn't accept it for payment and collecting taxes on it would go away...since it would be illegal.

You are right about Bitcoin regulations. Already, in many countries you have to declare income, received from btc, and then pay taxes for it.
Bitcoin by itself hardly can be regulated. But many of bitcoin services are following regulations. And using of not registered and not regulated is abit risky, because it can be shut down by government.

I have not bought any bitcoin yet but if it gets regulated I will definitely buy some because I think the price will explode when that happens. It seems to me that more people would trust the currency and would be buying it which would increase demand and drive an upward price deviation.

Regulation is only regulation. No matter the government makes regulations for Bitcoin, the Regulation can not tackle the price of Bitcoin. Because, I'm sure the regulation only applies to users.

Actually it's being regulating now as many people now are involved with bitcoin. Even criminals are using bitcoin because it's the fastest and easiest way to get the payment. Exchanges now are implementing Know Your Customer (KYC) policy which every traders are obliged to provide documents which they will be identified. Even to cash out bitcoin. You have to comply with their regulations. So even bitcoin can't be regulate by government. Government can still regulate it in other way.

What's to be fear about it? If you are not doing anything wrong. Why not follow their policy? You can't escape them and your tax. That's our responsibility as a citizen of a nation. Also it's for our protection because most of unregulated exchanges now are being busted and eventually closed their operations and many users lose their money.

I do not think that regulation is really possible. If it happens, we will probably see an increase in price and a change of people. Many people will leave because Bitcoin will be less interesting to them. More people will come because Bitcoin will be legitimized.

If it will be regulated i think that the price will be goes down too. So i more want to bitcoin will not be regulated by anyone and be not regulated by everybody. And if its not be legalize because it will be stop or it will be regulated by them . So i am not into to the bitcoin regulation.

If government make it regulated, then possible that the government would have a look-out for any transaction be made by users and investors. And it can contribute to price change, a possible of price increase because its  highly demand in the market and more trades and investors will come to it.

Even if Bitcoin is used for people that want to tip/pay strippers for their job it doesn’t make that much of a difference from the things that people were buying earlier when Bitcoin was just starting out. Bitcoin was usually the payment of choice when trying to purchase those type of things on Backpage, they probably don’t accept any Bitcoin payments anymore because they’ve removed their escort section.

If Bitcoin got regulated then there would be more people using Bitcoin, the people using Bitcoin could still use Bitcoin and remain anonymous –it doesn’t really matter how people use Bitcoin in that case.

The general consensus is that regulation means mainstream acceptance and therefore mainstream adoption. So, regulation = moon. As much as I like to be a contrarian trader and trade against the popular sentiment, it's a reasonable take.

Governments left and right seem to be preparing for Bitcoin (and other cryptocurrencies and blockchain tokens) to be a legitimate part of the financial and technology sectors. That means that investors (both public and institutional) can't be all that far behind. Whatever happens in the short term, this technology is here to stay, and money will continue flowing into the ecosystem.

if the goverment make rules about the use bitcoin then public will know about bitcoin, of course if many public know maybe the price bitcoin will be grow high, because more people need then price more higher.

Strippers accepting bitcoin isnt still considered as a legal thing because anyone could really accept bitcoin as a payment to their service or any work that they have done. Thinking off on centralizing bitcoin isnt possible for sure knowing that its a decentralized cryptocurrency and taxation and legalizing it would really be hard for governments thats why they do decide to block it either.

there's a lot the governments of the world are capable of that we don't know about. i think i remember reading something about some of the 3 letter agencies being able to geolocate TOR exit nodes and physical server locations based off of calculating exact response times from various points, and i think this was around 1 1/2 years ago maybe? no telling what they're capable of without being involved.

the opposite effect is possible; bitcoin was meant to be a decentralized currency, and regulation does imply centralization (to an extent). this may turn off many users from bitcoin, or just cause the price to tank. that being said, im no expert in economics or the effects of outside influences on the market.

And there it goes. The strippers.  ;D
Japan did it so why not every country.
It can be done but needs a lot of deep reasearch in how they will do it specially when we are talking about a large country.
Japan is great with their technology and not all countries have the same greatness.
Machines that will make the transaction faster needs to be created and they will need investors for that.

It is a good currency for everyone, so no wonder a stripper accept your coin, if the government regulate Bitcoin then the price can be up and will be used by a lot of people which will be good for publication and can lead to Bitcoin pumping, but you won't have an anonymity transaction anymore, all of your transactions will be regulate and being watched

If it gets regulated by the government, there will be less strippers. Do you want or not to have less strippers on the market? Maybe some of these strippers will wonder and learn, where the bitcoin came from and by themselves they will be the one investing to earn the bitcoin.

Regulations regarding bitcoin payment is something that we've been waiting for, especially if it stated as legal payment such as happened in Japan.
Without regulations, many companies and businesses don't want to accept bitcoin, but after it get regulated, we may achieve massive adoption.
Many people will intrigued to learn about bitcoin and more adopters will realize many advantages of bitcoin instead of just using fiat currency.

I hope government will not deal into btc , there are more issues that they need to give more importance than making buzz on crypto world. They can put tax on establishments regulating btc but let crypto world alone for us to have freedom on what were going to do in our investments.

If it's regulated then a lot of people will still go under the radar. That's the point of BTC in the first place - anonymity. However, if they really get serious about regulation then nothing will be anonymous anymore. The governments will be able to track every payment that's made as the blockchain is public.

There are two price scenarios that I envision if regulation happens:

1. Price goes up because people think BTC is safer to trade and less volatile (much like people were hoping with ETF).

2. Price will crash and burn because BTC has almost no advantages anymore compared to fiat. People panic and stop using BTC because they're scared of government intervention.

I think Scenario #2 is very unlikely. It's true that with blockchain analysis companies like Chainalysis and Elliptic getting more sophisticated and beginning to work closely with law enforcement agencies that Bitcoin is increasingly transparent. It is becoming pretty difficult to avoid linking your identity to at least some transactions you've made.

However, I don't think that necessarily means that BTC has no advantages compared to fiat money. The original intent of BTC was to create a trustless, irreversible payment network, and nothing has changed about it in that regard. Privacy would be nice, and hopefully things like TumbleBit and Confidential Transactions will help in that regard.

It might be a good thing, because when bitcoin is regulated then bitcoin will be used for good, and I do not think the price will affect it if bitcoin is regulated, because the bitcoin community is so big that it will not be so bad for bitcoin

Regulated or not, massive adoption is underway. It's just a question of "when." I think what the general public is really waiting for is guidance from the SEC. The LedgerX approval was a great sign of what is to come; now we are all just waiting for an ETF. Once the SEC gives the green light, I think the general public, as well as institutions, will be piling into cryptocurrencies for the long haul. People will be putting crypto in their retirement funds and trading bitcoin ETFs through E-trade. It's going to be a different world.

As the prices in high rate now and the chance for other people used it in illegal way it is how the government attention goes to it. If it goes beyond the needs of they're citizens it is when they will talked about regulating this. And so on, and so forth. In the end regulation of one country always comes from the clamor of its people and you must have to abide to it for majority wins.

Of course BTC ( cryptocurrencies ) will be regulated but its not the price or its not BTC itself. They will implement rules and regulations regarding the exchanges of cryptocurrencies where it will differ in different countries. In order ti make what we call global currency the government must take part of these and of course they will implement things that will be best suited for the protection of the owner itself of the cryptocurrencies unless they will try to dominate again ( like what they are doing to fiat ) the system of cryptocurrencies.

Hard to ignore something that this high amount value. so i guess even if government gives a go signal for its regulation then a lot of people could really manipulate it more freely than doing transaction behind the governments back. Well for me, im just doing small transactions so nothing illegal but you really track btc transaction if it's legal or not so that's also one has catch of btc.

If regulation leads to more usage and more people seeing the benefits of using crypto currencies, then it's all good with me. There have been a lot of countries setting regulations on how to go about our bitcoin transactions. Countries like Japan, South Korea and Australia are some of the countries leading the way in terms of regulation, which contributed to more usage for bitcoin over the last year. I am sure more countries are going to do the same thing in years to come given how bitcoin has steadily and slowly made it to the mainstream in some places.

I think some regulation could help with mainstream adoption in some aspects. I'm always surprised by the number of people that are scared off by Bitcoin because they think that its some currency used by Terrorists and for buying drugs on the darknet. Obviously to us this isn't the case, but your average soccer mom is going to use it then she needs to feel safe doing so.

So you mean to say just cause it's accepted by strippers that it shall be regulated, let's say it's regulated it's price is not really impacted, look at Japan for example, as soon as they regulated the coin it's price shot up, related coins have their pros and cons but Japan regulations gave us the boost, and I feel it shall Bitcoin take new heights but then again it shall leave us vulnerable against the government, taxes and all so ya would prefer if it's not regulated.

You may want to elaborate further when you say regulation. Traditionally, regulation means taking out the responsibility from the participants and taking all the responsibilities in an organization. Bitcoin is already regulated by design since its inception. No need for government regulation, doing so will just reverse the benefits intended for the people. The old fashioned law enforcement is still somehow effective when tracing down illegal activities.

effects of regulation is no longer a guess because it has already happened on a large scale. before when bitcoin was not regulated in any country you could only guess that such as such may happen if it someday became regulated. but ever since Japan regulated bitcoin we have a real life example.
here are the results:
1. huge adoption by investors
2. huge adoption by different merchants
3. with removal of taxes the adoption by merchants grew even more
4. finally the price went up from $1000 to $4000 (although most of it was because of scaling and SegWit but Japan was very effective also).

If bitcoin gets regulated, the outcome of that will be hard to determine  though but the fact is that its already regulated in some advanced countries but we are still standing strong so I guess this will follow through and it might eventually bring confidence of large corporations into the game as this is what will really make bitcoin get to the point of massive adoption which we are all hoping for but this won't coke cheap though.

Regulation requires interdiction.  Bitcoin by design prevents this.  If they could they would. 

Then the whole essence of having a decentralised currency gets dashed. However, we can't really say now until we start seeing how it plays out. I think Japan is doing something like this in a way but bitcoin has already been designed in such a way that huge external influence cannot regulate it anyway they wish like the usual fiats.

Governments regulating or legalizing Bitcoin would obviously lead to mass adoption and thus increase in value. Bitcoins can't be directly regulated, governments can't control it, but indirect regulations are possible. As a currency or an asset, governments can enforce their currency/asset laws on Bitcoin and they are doing it.

This is the thing I'm really looking forward to, we all know that bitcoin users are jumping significantly and it's about time for a special rule for bitcoin. Bitcoin is the latest payment system so state support is needed.

How so? This was always a possibility, if Bitcoin were to gain mainstream traction. The protocol and node/miner distribution are still decentralized, no matter how governments try to regulate their populations' use of BTC.

Aside from banning mining operations or exchanges inside their own jurisdiction and regulating/licensing exchanges and other services that interface with their populations, there isn't much governments can do. People can and will still transact freely within the crypto economy. It's the fiat gateways that are the focus for them.

When the government manages bitcoin there will be many problems. If bitcoin is managed the money you earn will be taxed, your income will be tightly controlled by the government, the price of bitcoin will be more stable and not explode as the past time may even decrease. Fraudulent phenomena are less likely to occur when government interferes

Here in our country Bitcoin is regulated by the goverment. You'll need to issue them a goverment Id so that you can withdraw the money.

Regulating bitcoin will just make them invest onto bitcoin and demand would be high.

Some things are being blown out of proportion.

When I said accepted by "strippers" - I meant it in a way - as to -an industry entirely cash dependent went straight to BTC- maybe I come from a backward land but here I've never seen strippers accept Credit card let alone BTC

You are using Japan as an example however, Japan's economy is messed up beyond repair- they are only progressing because of almost negative rate interest. I forget the year but soon they will be paying more in interest to bond holders than they would be earning through income.

Japan's debt to GDP is 400% -that is insane! try showing that to your bank and see if you can get a mortgage. The only reason their economy hasn't crashed is because they keep issuing more bonds and debt. They haven't missed single interest payment that's why the wheels are rolling. (Credit card minimum payment example)

Also, most of us (assuming) are puny investors- we don't know how much black money is actually invested into BTC or traded through BTC. If there is a slight hint of government intervention which could reveal users Identity- do you think those big ballers would take that chance? How do we know the exchanges aren't already doing money laundry ?

Human trafficking,drug trading so on and so forth- all could be done via BTC privately.


These are the arguments governments can used to crackdown on BTC.  Always a flip side. I'm just an observer and I'm here to learn from all you experienced people.

Some exchanges already impose limit of daily 2500 USD and if you want to withdraw it in fiat more than 25k then ID proof, residence proof and so forth.

An ideal scenario could be- these limits stay in place- however, government starts accepting payments in BTC- or BTC gets regulated as an acceptable method of payment by all. For example- instead of going through a middleman- I could simply pay Visa, mastercard payment via BTC. Right now we have to use a middle man.

Regulation may happen if Bitcoin would have legalization by the government on a specific country. So the best thing to do is to try Bitcoin now and to support its system as early as possible so whenever it comes the time that bitcoin would regulated on some matters there are some development a part to its transaction as a form of investment for future purposes.

So what? Bitcoin will definitely get regulated without any question. There is no doubt about it the government will step in and try to control crypto we need to stand up and fight against it if they try to take it down!

If the market start getting regulated and the affairs being managed by a group of people then the market is going to crash in no time, because people are rushing to the market because there is no regulation or legal framework.

Yes my answer is almost the same as you. If the government set the strongest currency that bitcoin probably will not jump so high as now but postifnya definitely bitcoin prices stable. And also surely many other restrictions that conflict with the rules now.

which certainly does not match the original purpose of bitcoin, the bitcoin is free and uncontrollable, to evenly all the opportunities have it, if bitcoin is set I think it will be a lot of problems in the future bitcoin journey

Regulating the framework is going to seriously cause problems in the bitcoin community and would surely bring the price crashing down, I love the market and the coin because there is no regulation and that is why almost 90% invested in it.

Not likely, due to the decentralized nature of BTC, there is about no way governments can regulate BTC. That is actually one of the driving factors of BTC that actually gives it a lot of popularity.

However, in theory, however, if that anytime happens, I think there will be a mass drop in the price of BTC, as many users stop using it, due to the loss of anonymity. There will definitely be a great deal of rejection.

Bitcoin will never be regulated by the state. Perhaps the state will try to create their own crypto currency and they will be monitored by the government. Don't know how it's going to have the trust of the people, but such currency will be more stable that's for sure.

This is the thing I'm really waiting for, it's time for bitcoin to get recognition and regulation so that it can be beneficial for the economic progress of the country and people. the presence of bitcoin will improve the system of transactions between countries.

That is no true. There are already some countries where Bitcoin is already regulated, like Netherlands and some US states, Japan. And there is no harm in Bitcoin regulation, that could only benefit because it would lead to biger addoption, especialy in businesses, and then you can divide legal from illegal Bitcoin operations. Regulation doesn't mean centralization that many users have fear.

Is it really the time for that. I am kind of afraid to what will happen if ever the whole world and government of their countries will do that regulation. Somehow I am not confident yet that it will really be a change. It became mostly an asset and not a currency so there might be a problem into making it as a payment option.

If bitcoin becomes regulated by the government that would mean higher fees due to taxes. And some people will take it negatively due to the high price of bitcoin the tax will surely eat a large part of it which would mean a lot less profit from your investment.

I think in Japan its already legalized as legal tender. That's why you see a lot of business in Japan has already started to accept bitcoin as payment just like their Yen. Japan has already set the bar high as to how a country can "regulate" or "legalized" bitcoin. Yes, regulation doesn't mean centralization. Regulation is there to check and see to it that you have not violated lets say AML law or your country. So its really far fetch for me how bitcoin can be regulated or "controlled" by the government. Its either they ban or accept bitcoin. IMHO.

Of course this is good news, if any country officially regulates bitcoin then this will indirectly become a state recognition of bitcoin. I hope japan and south korea soon make regulation about bitcoin.

The notion of bitcoin being regulated is a fallacious one. What you are talking about is fiat to bitcoin exchanges being regulated. This is not the same as "Bitcoin is begin regulated". You can't regulate the protocol.

You can work for bitcoin, get paid in bitcoin, and buy something from someone with bitcoin, without the government being able to do anything about it. That's the whole point of bitcoin.

im not shock if strippers now a day accept bitcoin as a payment or tips, as criminals do. We are in the world where technology is leading which step-by-step people are taking and adopting it whether they like it or not.

In my opinion bitcoin cannot be regulated by the government,  you can buy anything using bitcoin, work and get paid with bitcoin without the government or banks cant do about it. maybe government will can regulate the exchange of bitcoin to fiat money, but regulating it system, i think they can even touch it.

If true and happening, of course bitcoin prices will skyrocket to hundreds of percent in a short time. Everyone will hunt for bitcoin because there is already a special regulation about bitcoin. I hope someday soon will get regulation from the country.

will be taxed, lose the grace

Bitcoin is already regulated in many places, so it could be said once it's regulated it will keep following the path it's on right now.

I feel it would be good if it gets regulated by government. Peoples will think It would be safe to use or safe to invest. When KYC is mandatory for Btc it will be more safe to transact.

It depends what way.For example EU removed VAT tax it was kiling,in China bitcoin is recognised like a virtual good,in Vietnam it will be legal way of payments,to much regulation may hurt btc

Hopefully this is happening soon, bitcoin get special regulation from the state or world financial institution like IMF so make bitcoin become hope of future.

I think they keep using bitcoin as a means of payment, it's possible the government only applies the rules to tax taxes from the exchange sites because only there they can track bitcoin transactions. and value would go down? of course not, just the opposite if many porn site accept bitcoin it will make the price rise.

I am not sure exactly whether this thing will ever happen or not, but let us suppose that this thing will happen then I must say there will a lot of difficulties as well. The most basic problem which we will be facing will be the payment of tax and all that stuff which will result in depreciation of our money.

I am thinking the same that bitcoin would never be regulated, because government would surely want a system that they can control or monitor Well maybe because their purpose on not regulating bitcoin so they can surely prevent people from using it the wrong way or criminals to be using it in their country, and they are really preventing that to happen.

Yeah, some people here got confused, Bitcoin can never be regulated but the users like exchanges has been already started out regulating them,

what I am worried about is the rules they might be implemented with these exchanges as some governments are exaggerating taxes and withdrawals

limitation they are focusing on money laundering purpose.

If BTC gets regulated then it will have a space in the mainstream market and maybe the ETF will be accepted. Common people will be less scary about BTC and will buy it.

Since the inception the regulations only increased, just like the price.

I don't see how would bitcoin benefit if it gets regulated. It is still unknown what will happen in the next year/ two years or even when the last bitcoin will get mined so i dont think that governments would take the risk and make laws about something that is so unstable as bitcoin, so getting regulated is probably not going to happen.

for me that will be a disaster ,regulations and rules will ruin bitcoin and other alternative coins for sure . i am against this decision like to be free form any government or banks rules .

I cannot see Bitcoin getting regulated but i can see countries creating their own crypto currencys. if they regulate bitcoin could we not just create another decentralised and unregulated version of bitcoin, oh wait like bitcoincash !

It's not "hard" to see it happen when you look at how China's actions have impacted exchanges and bitcoin.
Even though we don't really know what China has in mind yet.

The FUD by China has ended, I am sure that, because they do not have any reason to keep this FUD when the price of Bitcoin recover to $4,000. But important, the mentality of traders are fearing, they can take advantage this chance to create new FUD again.

If Bitcoin gets regulated by the government, I think the people will get interested in Bitcoin. This is because their government has paid much attention to the said coin and it will become hot on the people's eyes. However, I cannot think of a way where the government can do some regulations in Bitcoin. Bitcoin is decentralized and it will be difficult for the government to do such thing.

yes that is right to say that if bitcoin will become regulated, people will become more confident and they will hopefully invest more and more money in bitcoin and will make bitcoin more stronger because bitcoin has a good potential that its price will continue increase tell the time when people will adopt bitcoin and will invest their assets in bitcoin.

It is a bit difficult but not impossible yet because the price of the bitcoin is increasing and the chance for the profit is high so if the government will make the bitcoin regular and they will earn from bitcoin so it will be good for the economical life of the bitcoin. The strategy of the bitcoin currency is not yet impossible so if the government of any country will accept bitcoin it will increase the trust of the people in bitcoin.

Nothing. Bitcoin can't be regulated in the normal sense.

Don't know about the strippers but yes, if bitcoin is regulated by a government, then the price and interest for bitcoin would go down considerably. But bitcoin is not structurally born to be regulated by anyone. It can be accepted by a government like Holland or Japan or can be banned by a government like China or North Korea. But can't be regulated.

But if anytime, bitcoin is strictly regulated and monitored by an international agency, then the price will go down considerably because a lot of dirty money would was away from the system or get channelized. A cleaning would be done for bitcoin for good, but the market cap will go down drastically so as the price.

if bitcoin gets permission and regulation from the government in every country, then its price will surely soar, up to 50 to 100%, this is my opinion, hehehe

I agree that it might increase the people's trust and confidence over it, but I am not certain if bitcoin taxations will not be corrupted by the leaders who handle the regulations imposed. Although its showing positive effect to the live of the people who is going to experience comfort and profitable sources of funds, it's not guaranteed that transparency between government and people will be that promising. So it needs to be reviewed all over again so that we'll no regret by the moment it will be merged by the laws.

Anon coins price will skyrocket because their use will go up.  Non users will want to know what the regulators are afraid of will investigate it and become users. Basically free advertising.

I think that regulation will make things better, and the most important is the security side. but I think if the government implements a bitcoin-related regulation, one of the properties of bitcoin will be lost. an anonymous feature, because once the government regulates it, I'm sure they'll keep an eye on all bitcoin activity, because they do have the right to do it.

There's no reason for bitcoin to go down. Bitcoin can be regulated by the government only in some ways, however I think bitcoin would be hard to be regulated in some countries like Philippines, people would find ways not to follow it if they find it to strict. It would be impossible for government to tax bitcoin if that's what you mean.

yes probably the value of bitcoin will reduce if this bitcoin regulated by the government, and i think they also implement a new law to gain more taxes from bitcoin. and this is the beginning of a massive corruption from the other government agencies and possible to ruin the process of bitcoin in blockchain and in the market, they also implement a legal information of all bitcoin holders in all over their country to manipulate the income of the individuals that relying on bitcoin.

I am not agree with you that it is difficult but not possible, I think it is impossible completely to get control on bitcoin and regulate it by a government because bitcoin is decentralized and uncontrollable cryptocurrency.

In a way government can earn from bitcoin if government announce bitcoin a legal currency in his country and collect taxes from blockchain because bitcoin is not in access of someone. But if happens to regulate then people will left bitcoin.   

if the government gives regulation to Bitcoin then I think the price will increase, but it seems it will be long, because to get the regulation government must learn it first ..

they will have a discussion on it and for what majority can win i think regulation to bitcoin will not be.

bitcoin is a currency and a currency is used in businesses, shops, merchants and things like that. when you speak of regulations you speak of regulating all these use cases for example you take taxes from the shops that are accepting bitcoin you give businesses license to operate.
it is not really any different when regulating a business that is working with fiat.

Well first of all, strippers accepting bitcoin really has nothing to do with government regulating bitcoin...

But to answer your question, the government is already "regulating" bitcoin through regulating exchanges and handing out licenses to bitcoin exchanges. Exchanges have certain KYC guidelines in order for customers to deposit/withdraw funds, issued by the government.

Excessive KYC and AML guidelines would definitely hurt bitcoin, such as in the case of China. Otherwise, bitcoin wouldn't really be affected much at all, since it is decentralized in teh first place.

in the other side, thats the facts that when this bitcoin gets regulate by the government,its good to be to legalized and totally accept bitcoin in your country that would be a great news for us. but i think the price of this bitcoin goes down, why? because we all know that all of the government has/had to implement a tax and i think our privacy in this bitcoin will reveal by this government wants to regulat bitcoin.then i think from the original price of bitcoin in the market its become a 120-130% when you buy/deposit bitcoin from its original price.

Globally there is no clear consensus for Bitcoin regulation. The bottom line is across the world there is no clear consensus on how to regulate the peer-to-peer cryptocurrency. The fact of the matter is it will be a continuous uphill battle for bureaucrats. It’s been eight years with people doing what they want with their wealth, and bitcoin technology has enabled this. However, that doesn’t mean governments will stop trying to enforce regulations. In fact, the nation-states will try harder as each, and every one of them will feel bitcoin’s economic disruption.

This might not be so good for libertarians, but there is a positive side, which is bringing investors from traditional markets, and this could help the price a lot.

I think Already Bitcoin gets regulated. you may not find any exchange site without giving fees. you must need to pay some fees for trading in any reputed exchange site. Even transactions  get traced sometimes. 

Agree with you, bitcoin will go down because bitcoin will be regulated by Government Institutions or Banks. Bitcoin will become a normal money like coins and  paper money. It is the hard time to make money from bitcoin, they will not allow people to earn it. They will give a tax for every bitcoin you've earned. Letting this happen in the future is a trouble for bitcoin and as well as for us.

will be different from now. of course not. it is very clear, this is different from other allcoin. although the same concept but bitcoin starts from mining.

fortunately can not be set by the developer or someone. therefore I will not be wondering like you.
because I dont know what will happen, it will be different will not be like this time.

If it gets regulated there would be more investors who would join btc. Because there are people especially investors who like to invest in btc but are afraid of dojng so because it isn't regulated. If that happens then it will just be the beginning of a wonderful time for us. We might see all time highs on a daily basis due to the increase of demand in btc.

Not much would change. Governments can create as many regulations as they want, but they can not enforce it when there is no way for them to control the rules of the protocol.

prices will grow up again an again..

for sure if people will learn about btc and government start implementing rules more people will decide to invest and the price will surely goes up even more, its not true that if government will begin to ask some taxes our from this business people will stop or will quit crypto instead more people will be
getting more curious and they will begin to realized that this investment is really a serious system that will allow us to gain just by holding some coins.

Tell me please how do you need bitcoin in regulation? If so, what kind of regulation is needed for bitcoin?
And who do you think should be regulated by the bitcoin community or the government or a third party?

BTC is getting regulated everywhere and look what it happening to the price. Nothing because Bitcoin is decentralized which means no one owns it and it's a computer network so you can't shut it down.

If governments set some rules on the circulation of crypto currency in this country, this will only strengthen it, since in this case the state will by force of its laws already protect the interests of the owners of the crypto currency. This protection includes, first of all, judicial protection, when anyone who has rights violated by the crypto currency can apply to the court. If the state does not regulate the circulation of crypto currency, there will be no such protection.

As I see it in my country, the effect of regulating bitcoin is that it attracts more people to participate in bitcoin community and do earning like trading and rendering services in exchange of bitcoin. Making the economy of our country more healthy as it helps those who are unemployed and underemployed to have extra income. It also helps to start an investment as bitcoin does not require very huge money to invest in it.

I do not think bitcoin will go down in price if every country organizes each with their policies. I think it will benefit bitcoin users in some countries that regulate bitcoin well, but if one of the states regulates bitcoin in a way to benefit the country it must be countered by bitcoin users.

I don't think like you. because it is not real happening. and nothing will happen, so I will not imagine saying something.

i dont think so, any antion only can be regulate bitcoin in their own country, but bitcoin is worldwide, in what way they regulate worlwide system?

The fees are not there for any regulatory reasons. They're there because the companies are there to make profit, not offer charity.

If or better to say when Bitcoin will become fully legalized and regulated, it will help to boost its adoption as big companies and institutional investors won't be afraid that it will one day may be banned plus they will have some guarantees that they won't be easily cheated. However, it will come with additional costs like taxation and additional fees for all users of cryptocurrencies. However, many users, especially smaller customers might choose to use alternative services that does not comply with regulations, as their costs would generally be lower. It's also important to create decentralized services that can't be regulated just like Bitcoin itself - decentralized exchanges, p2p marketplaces, etc.

Bitcoin will never be fully regulated because of legal and jurisdictional issues. But if the impossible happens and it is regulated what then is its difference compared to banks  if that happens. The community will dump it.

This would be contrary to the nature of the bitcoin itself, the bitcoin made not dependent on anyone. Perhaps the particular properties of the bitcoin itself will be lost, and perhaps the bitcoin price will be equivalent to fiat.
By the way, the stripper accepts payment with bitcoin that's a great idea, lol

For me the price of the bitcoin will increase. But some of the rumors will say the different thing about the price of the bitcoin. It is growing more and more. It will be very high if the time will spend some more. If it will every happen then the bitcoin will be very high according to me. So it will be good and a lot of the people are waiting for it.

There is a large number of people who don't use or invest in Bitcoin because of the lack of regulation, so I think that if governments started to regulate Bitcoin, it would only benefit from it.

Wow! That is inevitable nowadays because bitcoin now is prominent around the world and even strippers can use it just wow. So going back to your question if bitcoin will be regulated by the government it will be a disaster mainly because the government will issue a tax in bitcoin and third party programs and banks will be used to redeem bitcoin something like that or maybe lets look at the bright side that the government will make bitcoin its official crypto currency.

yup you are right

If btc gets regulated I guess it would be more stable and so many other investors would invest on it without the fear of being bubble.

What awaits us? - Of course the tax on profits from crypto-currencies) Outside which countries have already practiced it and showed its fruits ... People are moving to more promising exchanges. )

Regulated is not bad thing in my opinion so if bitcoin is regulated then its price will go down?
In my opinion, bitcoin can goes up because with regulation, more new people will use it. Why? Governmanet has accepted bitcoin so their citizens will following.

Bitcoin is already regulated in the sense that 3rd party financial institutions that transact in Bitcoin such as exchanges are subject to extensive KYC-AML regulation.

There are also tax laws about how to properly report and pay taxes on your Bitcoin gains.

So already there is no lack of regulation around Bitcoin.

With that said, there doesn't seem to be much in the way of direct regulation of Bitcoin, as in any laws pertaining to who may or may not own wallets, how much BTC can one hold in a wallet, how much can be sent, etc. I think trying to regulate direct BTC transactions or holdings would be impossible.

yeah i know have some country want to regulate bitcoin is because the number rason on that is want to collect taxes from bitcoin
i think that is fair to pay taxes from every government because have an international laws about tax clloction, but how to regulate the bitcoin being decentralized cryptocurrency.

Obviously it will stain the name of the bitcoin instead it will decrease its value. Actually if all the facts in this world is opened, surely bitcoin price will be very small even worthless again. Just look at the deep web, many are using bitcoin for things that are illegal, it's just that deep web is a hidden place, so all the facts are not exposed.

It is very  impossible  to happen due to the decentralized qualities  of bitcoin.  If the government will control bitcoin, I will always keep my eyes in my investment.😂 because I don't  want anyone to handle  my investment to others.

I’m all out for regulation. The only thing keeping most people in the sidelines is government recognition. No need to explain things to the skeptics how cryptocurrency works.

the government can take profit by regulated bitcoin. they can take from tax, or invest in bitcoin. it can increase their economy, personal or party.
and i think, the country that accepted bitcoin will make new coin for their own country as side payment. and its good for people.

If bitcoin is accepted by strippers, then it could be. I guess they would love to use is as a payment much more if they know what bitcoin is.

If BTC will be regulated?  Well the first thing that pops up to my mind is its tax. We could somehow be expecting that they are more likely to have some cut offs when it rise. But somehow, I guess they could manage to take BTC for a more stable and longer hand.

If the btc gets regulated the first thing i could thought is the taxes, next everybody will have to know about bitcoin and joining in this industry to get btc too earn money from it..

Bitcoin is still money, only in digital form, which is why those who know things about it probably accept it as mode of payment. If bitcoin is recognized by the government then it could be used as a tool to increase their economy. They can use bitcoin for various applications but ofcourse, it will affect its value. If they regulate it, there will probably be rules and laws and that could cause some of the investors to lose interest. Bitcoin is a good investment because it is decentralized and if government will take over, then it will lose a bit of its identity.

Since bitcoin does not go in any vague space, but in the territory of specific states, nothing unusual is that it will be definitely regulated by these states. Moreover, it is necessary to recognize that at the given time the circulation of bitcoin is already partially regulated - certain rules for its circulation, exchange rules on the exchange, exchangers, banks are established. Some countries have already introduced a tax on operations with crypto currency, so there is nothing wrong with partial bitcoin regulation. It is important that states do not infringe upon its decentralization and anonymity as the main principles of its existence.

If bitcoins do become regulated, transfers will be skimmed and taxed for sure. How else can you make payments for those who regulated your bitcoins? So with the regulation up online, we may observe slow supply movement and a lot of bitcoin dependent incomes reduced.

If they could integrate their tax system into wallets and exchanges, then perhaps it would be possible to integrate Bitcoin into making it taxable. As far as regulating Bitcoin is concerned, I don't know if it's really possible unless big banks control most of it.

Bitcoin regulations will determine how Bitcoin will develop, look at some government regulations that say about Bitcoin prohibition then it could make a decrease in Bitcoin prices. In addition, if there is a regulation that says that Bitcoin can be used freely then it can make a positive move for Bitcoin. So any existing regulation will definitely make the price movement Bitcoin change, the change can be positiave or negative.