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Regulation will lead to the fact that bitcoin will fall in price to $ 100. 🤔 Kenneth Rogoff: "Regulation will lead to bitcoin becoming cheaper to $ 100"

Former chief economist of the International Monetary Fund, Kenneth Rogoff (Kenneth Rogoff) believes that bitcoin will not be able to withstand the pressure from the governments of large states, and in the future its course will drop significantly. He told his assumptions about the future of bitcoin in an interview with CNBC.

It's not true. People do not understand that bitcoin can not be regulated. Bitcoin will be easy to resist the government of any state, even America. Such experts think that if you block the access of bitcoin owners to Fiat, you can destroy bitcoin. That's not so. A lot of money is invested in bitcoin and it is impossible to just bury it. We will use bitcoin as a currency. We won't need Fiat. What then?

It's funny that regardless of what Bitcoin has achieved throughout the years, the skeptics remain focused on Bitcoin to crash badly at some point. I think as long as they keep thinking like that, we're all good. I remember back in the days that before the price even reached $100, it was said that Bitcoin, if reaching $100, it would never ever be able to replicate that growth again. After that $1000 was supposed to be the level that Bitcoin would never reach, and if it did, it again wouldn't be able to replicate that growth again. I think it's safe to say that this will continue even till the price hovers over the $100,000 level, and it feels great. Let them feel bitter. Let them burn from the inside. Bitcoin speaks for itself. I am strongly of believe that without Japan being what it is today, Bitcoin wouldn't even be near current levels. The whole point is that as long as regulations are fair for all involved parties, crypto will continue to grow, and harder than ever before.

That's just fake news! Bitcoin grow up depends by investors, untill now investors of bitcoin is so much. Goverment can't set Bitcoin, the proof is like you know, many government banned Bitcoin, but what happen? bitcoin still expensive, although the price is lower than few months ago, this because bad news like this!
Many naughty People make and shared fake bad news like you say, what's the purpose? So when some people hear that bad news, the will be panic sell even sell all their asset, after that the price will be drop and they take this moment to buy Bitcoin in low price with high amount so they wil get big profit when the price back to normal again.

Someone wants you to be nervous when discussing such topics. That's all. There is no reason for bitcoin to be so cheap. This is an absolutely unreal scenario for bitcoin.

Btc will never reach even 1000$, being the first successful digital currency btc paved way for many currencies to open in the market. There was a time when people said Internet was a bubble and it will be destroyed but today it is the one ruling today's technological world. Similarly most of the people are against cryptos and the same would happen which is that it would never stop growing and more people and investors would be attracted towards them in the near future. Once the demand for the crypto increases similarly the price increases which leads to the globalised adoption. At one point of time in the future, there would never be fiat and the world would start using digital currency.
By considering these factors, btc would never go as low as even 1000$. This is not the one to do trading, it will be used as payment system one-day.

Everyone is saying it won't happen but I will say yeah there are chances for this to happen but don't know upto what value it will drop it maybe depends on how much countries are regulating the bitcoin.Some governments already asking 40% tax for crypto currencies so if it was implemented then do you think people will use it over their national currency?

The key words are "pressure from governments".

Some governments are undoubtedly hostile, but others arn't. Some will have realised that this is the big tech breakthrough of this century and putting "pressure" on it will just leave your country behind.

It's a bit like the European Union banning genetically modified foods in the 1990's. We now have thirty years data that it is safe, but all the best biotech companies are located outside the EU - by banning it they crushed the industry in Europe and fell behind.

I really can't see it ever falling down to £100

Nope, I think not. Don't ever spread FUD in some ways. Regulation is not a treat to crypto and in fact it would make a lot of people get assurance to invest more in it.

I beg to differ with this opinion, I can understand that regulation will try to control it or in worst case scenario it might also ban crpto to fiat and vice versa transactions. However, Bitcoin as a technology is strong enough to survive such ban in some countries if we are talking about the global level. I don't see any chances of regulation directly banning crypto at all.

this kind of spread fear and fud. already several times they declare this trying to suppress bitcoin prices with negative issues like china do it and all that does not work.
So stop this type of tie and do not panic not all countries make the same rules, just relax.  ;)

So he has a crystal ball to predict the future? and where was it when the price was $100? I suppose he is making this prediction to pull bag of banks and governments, or he wants to draw attention. only that.


the Japanese use bitcoin and many countries will accept bitcoin, countries like china and russia that have shady regimes are the ones that created some problems for bitcoin, but this is something we will overcome because the people of many more countries will be accepting bitcoin. it all boils down to politicians seeing the advantages of bitcoin, if some politicians want to win elections and if most people in their country use bitcoin then bitcoin will be regulated as simple as that.

And would you believe in that statement? It is another propaganda to bring down bitcoin because these economist do not want to adapt on the new technology which cryptocurrency has. Blockchain technology is very hard to understand especially if the person has no interest in learning it. Regulation is just a way for the government to have a proper security on the money that is circulating on the blockchain. So how can it bring down bitcoin if it is only meant to protect the owner of the money and not meant to ban or do something heinous on your funds.

It is easy to get people's attention when you go against them. He's just an attention seeker. Let him be. Bitcoin may be down alot of times but i don't think that it is pressured by the government. It is quite the opposite, governments were pressured because if they don't make a move, their play money gonna be just a paper and piece of metal someday.

Perhaps this is something to be expected. They're still in the stages of denial, with each inward acknowledgment of Bitcoin's success beyond their expectations making them even more bitter and unreasonable. I think it hurts a lot of them to see that tightening regulation has seemed to do the complete opposite of what they expected: make Bitcoin stronger. States and governments must surely have noticed the experiences of those who'd gone ahead and regulated Bitcoin. Look to take advantage like Japan, Malta and others, and you create a new source of economic activity.

Yeah if this news keeps spreading then it will create FUD among the investors but this is just a prediction we no need to care about this,but we can't say the chance of happening is zero so be ready to face anything.

I guess he's not thinking of the fact that bitcoin/ cryptocurrencies are decentralized, thus unable to be regulated with a certain government. Other countries legalize bitcoin not to take control of it, but maintain its nature as decentralize, and let it help the economy of the country. Reaching $100 as its price isn't impossible to happen, but it's not also possible at the time being due to its state and demand on the market today.

very interesting, but I think no one can answer with certainty how bitcoin will survive. regulation of a country will not be able to affect the value of bitcoin during spreading and high bitcoin volume.

so, I think the higher the spreading and bitcoin volume, the bitcoin will last longer. bitcoin drops to $ 100, just a dream that will never come true.

This is not the first time that this man named Kenneth Rogoff said this kind of comments about Bitcoin, last year (month of October) he already said that Bitcoin will collapse because it will face regulatory pressure from governments but the price of Bitcoin reached new all time high $20000, then a price correction happened before the end of the year and continues to fall from the very first month of this year but the correction doesn't happened because of issues from regulations in some countries but it is just a huge selloff. This statement is just based on his own beliefs means it is just a guess or speculation, he might be right or wrong but the truth is, no one will ever know what will happen to Bitcoin on the next 10 years.

If the bitcoin has many supporters then it is impossible even if the bubble have been pop. From its value today maybe it will just go between $2000 and $5000. $100 is such a low value even if bitcoin will be dumped it will not reach that super low.

not true. Bitcoin grow up depends by investors, untill now investors of bitcoin is so much. Goverment can't set Bitcoin, the proof is like you know, many government banned Bitcoin, but what happen? bitcoin still expensive, although the price is lower than few months ago, this because bad news like this!
Many naughty People make and shared fake bad news like you say, what's the purpose? So when some people hear that bad news, the will be panic sell even sell all their asset, after that the price will be drop and they take this moment to buy Bitcoin in low price with high amount so they wil get big profit when the price back to normal again.

There is no reason why Bitcoin would fall again to $100. Because you think that it is worthless? Don't be ridiculous. I would rather trust Bitcoin and their community rather than use fiat. Bitcoin is a great thing, I'm not surprised that people want to pay $10000 for it. Bitcoin is slowly becoming better. Regulation won't kill Bitcoin because it simply can't influence it. The only thing they can make harder is cashing out.

Regulations and tax will cause bitcoin to lose more market share. Bitcoin market share now is 40% down from 80%. There are many privacy altcoins that fix many of bitcoin weaknesses. Bitcoin doesn't protect your identity at all, and even when you try coin mixing you are not fully obscure, as there are Chain-Analysis companies that track you through timestamp attacks and various other techniques. Some will claim that we are using a scare tactic but be honest with yourself, when you have to pay your tax even when you lost money, will you be happy? Governments always make decisions that frustrates investors. Avoid this by simply switching to privacy altcoins.

All privacy altcoin claim... privacy, however not all of them are truly anonymous and worse, some of them are centralized. I'll save you some time and recommend to take a look into DeepOnion. Anonymity through Tor with OBFS4 bridges and MEEK to bypass governments censorship and snooping, decentralized, private and fast transactions (62/second), and finally the coin is distributed freely to the public via airdrop, unlike ICOs which favor only early investors. Airdrop is still on so if you are interested in holding some, check the link in my signature.

Why do some people think that bitcoin can not be regulated ?. If Russia adopts the bill on criminal responsibility for the use of crypto currency as a means of payment for goods and services, we can see in practice whether it is possible to prohibit crypto currency or not at all. If the crypto currency is actually banned, then it can be regulated even more so. Including the introduction of nosologoblozhnnye for this type of activity. To do this, it will be sufficient to oblige exchanges, exchangers, banks to require identification of the person in all who will convert the crypto currency into fiat.

Tales about the fact that bitcoin can fall to a price of one hundred dollars is an attempt to frighten those who know nothing about crypto-currencies. This is absolutely not a realistic forecast.

I'm not sure, such will happen because bitcoin remains the master coin.

It seems to me it will not be so bad if bitcoin is stabilized and will be the official currency, like gold or something like that

Governments will do everything to regulate cryptocurrencies. The G20 discussion on cryptocurrencies this month will result in worldwide regulations. Governments and banks are afraid that bank accounts will be emptied to invest in Bitcoin.
Maybe Bitcoin will not drop to $100, but hopefully the price will stabilize at 10K. Regulations mean centralized cryptocurrencies and that will keep investors away, so there will be no price increase.

its amazing how these so called learned individuals of which this person is supposed to be one is lowering his reputation to please the anti bitcoins consortium, obviously he is one of the individuals that has taken a side to try and damage the reputation of bitcoins , even if they do find a way to regulate bitcoins it can only be in the form of identity , bitcoins will never be centralized, bitcoin will continue to grow and grow and grow after all it look to be spring in the bitcoins ecosystem . Germany, Arizona, Jamaica , KFC, hagan houses these are just a few of the countries , states and businesses that have accepted bitcoins as a reputable form of payment for their taxes, goods or services. 50k by end of 2018.

It is only natural that regulation makes bitcoin prices down to $100 because with the regulation it means that bitcoin cannot be said anymore using a decentralized system of blockchain technology so the price of pure bitcoin is controlled by the government that makes the regulation of the bitcoin. However, I never deny that there is always pressure from every country on bitcoin but I still believe that any bitcoin pressure will survive.