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Bitcoin => Bitcoin Discussion => Topic started by: Buttermellow on August 14, 2018, 01:30:39 PM



Title: Bitcoin must be regulated!
Post by: Buttermellow on August 14, 2018, 01:30:39 PM
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.


Title: Re: Bitcoin must be regulated!
Post by: BrewMaster on August 14, 2018, 02:48:46 PM
every single sentence here proves that you do not know what bitcoin is. you are just too caught up in the price and have been excited about it that you forgot to check out what is this thing called "bitcoin" that you got involved in!

i suggest that you start by educating yourself a little more. read the bitcoin paper. start watching some of the Andreas Antonopoulos' videos , you can read his book mastering bitcoin. and you will no longer think this way. here is a link: https://antonopoulos.com/


Title: Re: Bitcoin must be regulated!
Post by: Daniel91 on August 14, 2018, 02:52:27 PM
Bitcoin can't be regulated. Period.
It's very simple.
Nobody own bitcoin or stand behind bitcoin.
There is no bank or any government behind bitcoin.
In fact, nobody control bitcoin.




Title: Re: Bitcoin must be regulated!
Post by: RodeoX on August 14, 2018, 02:57:05 PM
If bicoin could be controlled I should be destroyed. We have regulation and the government gets it's cut. But that's done and over. There will be no identity tied to bitcoin or any declaring of bitcoin.
We are not asking the government for permission, we are telling them that this is how it is.


Title: Re: Bitcoin must be regulated!
Post by: Angela28 on August 14, 2018, 02:57:49 PM
If they accept bitcoin and bitcoin are regulated then bitcoin will of course be accepted by the government and we will have plans and policies for longer term bitcoin investment.


Title: Re: Bitcoin must be regulated!
Post by: LFC_Bitcoin on August 14, 2018, 02:59:13 PM
In the words of JayJuanGee - Get the fuck outta here.

Everything in that OP is utter bull shit, you don’t even know how bitcoin was intended to be used. Centralization was not Satoshi’s vision. Bitcoin should not & will not be regulated.


Title: Re: Bitcoin must be regulated!
Post by: CryptoGosu on August 14, 2018, 03:08:25 PM
I think that Bitcoin and cryptocurrencies are waiting for a lot of regulation in the future. The government will try to control Bitcoin.


Title: Re: Bitcoin must be regulated!
Post by: anil_saini01 on August 14, 2018, 03:15:05 PM
The basic idea of bitcoin is decentralization and keep running without any regulations. If it is regulated then it goes against its basic core principle. However, governments will keep pushing for regularization and then only we can see large scale adoption.


Title: Re: Bitcoin must be regulated!
Post by: BitcoinNewbie15 on August 14, 2018, 03:21:09 PM
Sounds like the price drop has you scared a bit! No country/governmental entity could regulate Bitcoin itself. They are trying to, but the only thing they can do is regulate how you get Bitcoin. We've seen this already through KYC and various exchanges forcing this upon the users. But sorry, Bitcoin truly could not be regulated. There is no way for an entity to "turn off" Bitcoin like they do for the stock market when the price is collapsing. Don't even worry about the price, just hodl on. We will go lower in the short-term, but long-term is still very bullish.


Title: Re: Bitcoin must be regulated!
Post by: Kprawn on August 14, 2018, 03:21:34 PM
What Bitcoin team are you talking about? The Bitcoin Core developers or ALL Bitcoin users? This is a open ended technology

that are not controlled by one centralized authority. Which government should control Bitcoin? {USA? UK? Asia? Australia?}

Yes, a little bit of regulation where FIAT currency is involved, would harm nobody, because the government's currency is

being used, but Bitcoin on it's own should be left alone.  ::)


Title: Re: Bitcoin must be regulated!
Post by: tayogpanganiban on August 14, 2018, 03:29:09 PM
Bitcoin can be invested but cannot be regulated due to the fact that it has its own rules.Many people have not discovered bitcoin yet and if you regulate using bitcoin,they may not be able to invest also.


Title: Re: Bitcoin must be regulated!
Post by: Strufmbae on August 14, 2018, 03:29:55 PM
Illogical complaint , if you don't want to take risk from investing in bitcoin then better not to invest.
 What are you talking about bitcoin regulation?  Do you really know what bitcoin is?
How many bitcoins did you invest and what is the reason why did it lost, if there is?  
Back to basic bud.


Title: Re: Bitcoin must be regulated!
Post by: jurgen444 on August 14, 2018, 03:31:09 PM
bitcoin has been going on for quite a long time even without the rules governing it. in the past there were a lot of bad news that wanted to destroy bitcoin, but what happened was that more and more new investors wanted to hold bitcoin so be calm, bitcoin will still be valuable.


Title: Re: Bitcoin must be regulated!
Post by: Baimovic on August 14, 2018, 04:19:38 PM
I appreciate your argument, and you must know that when the market is bearish, many members suffer, whales, traders, investors, and all who have a bitcoin small pieces.

this is a crypto risk, bitcoin can be regulated, but a regulation cannot make the risk disappear.

we need regulation to control every bitcoin chart and to minimize a criminal action by bitcoin, not to stop high volatility or eliminate risk. and that is impossible.


Title: Re: Bitcoin must be regulated!
Post by: Ucy on August 14, 2018, 06:08:36 PM
How do you regulate it then? unless your are asking that it be Centralized like fiat.
Centralizing Bitcoin will render it useless.

By the way, if you are familiar with Stock market you will know that Bitcoin fluctuats just like that and is doing better than many regulated Stocks.

Don't invest in Crypto what you can't afford to lose, just as in Stock.


Title: Re: Bitcoin must be regulated!
Post by: franky1 on August 14, 2018, 06:38:56 PM
regulations are USELESS

how many people were saved due to regulations in 2008.. none. millions of people lost their homes.

regulations are not a consumer safety net.
regulations are to make businesses police their customers.
its purely a tactic so governemts do not need to police things themselves and give the appearance that something is being done.

but this policing policy is not even wrote out by regulators. infact they ask the business to make their own policies on how they will monitor and report their customers if thier customers do something wrong.

which in return allows a business to do things that consumers would see as criminal.

if anything what is actually needed is consumer protection. that way random anonymous consumers can actually report scammy businesses.. as that is the ultimate problem people have.

emphasis
regulations NO
consumer protections Yes

there needs to be a way to ensure if a business is going to scam. they cant hide behind insurance, insolvency, or other things to get away scot free


Title: Re: Bitcoin must be regulated!
Post by: isllander on August 14, 2018, 06:50:24 PM
Regulation can be different. There can be a ban on everything that is new, what breaks down the old. With what I agree the rules of peaceful development it's time to create.


Title: Re: Bitcoin must be regulated!
Post by: CryptoGamblingSites on August 14, 2018, 07:10:29 PM
every single sentence here proves that you do not know what bitcoin is. you are just too caught up in the price and have been excited about it that you forgot to check out what is this thing called "bitcoin" that you got involved in!

i suggest that you start by educating yourself a little more. read the bitcoin paper. start watching some of the Andreas Antonopoulos' videos , you can read his book mastering bitcoin. and you will no longer think this way. here is a link: https://antonopoulos.com/

Nice to not have to read the OP and just see a good summary about why this thread sucks...

Andreas on Joe Rogan helps a lot of the noobs understand, was quite informative to see his last appearance even if it was awhile ago.

Andreas is GOAT.


Title: Re: Bitcoin must be regulated!
Post by: bitcoinminer566 on August 18, 2018, 03:17:08 PM
Regulation is needed but strict regulation will break the principle of decentralization and it will be more centralized that can also affect the market negatively. In future it will be more developed and such problems will resolved.


Title: Re: Bitcoin must be regulated!
Post by: pareshnakar on August 18, 2018, 03:23:31 PM
bitcoin regular then except all government and also people so more advantages and it will more helpful for people.


Title: Re: Bitcoin must be regulated!
Post by: adzino on August 18, 2018, 03:41:16 PM
This is really sad. Your post proves that you have no clue what bitcoin is and why this technology has emerged. If all the problems (those are not actually problems) you mentioned were fixed, then there would be no difference between traditional fiat and crypto currency. People would end up ditching bitcoin and go back to fiat. This would in turn make bitcoin value less. Bitcoin was made to bring financial privacy. You don't need to know who own how much of coins. It is none of your business. And if regulations are placed, then a third party will be involved which in turn will make bitcoin more of a centralized coin.


Title: Re: Bitcoin must be regulated!
Post by: taeewo on August 18, 2018, 03:47:08 PM
Yes must be regulated,thats what we needed now because they are so many manipulation and some new investors not coming because of the fear of government banning cryptocurrency.


Title: Re: Bitcoin must be regulated!
Post by: joshkkk on August 18, 2018, 03:53:52 PM
It is a rather complicated issue, because blockchain technology is based on people's freedoms and control, what can be done is to adapt many things in the economic system so that the laws continue to be enforced, for example, the payment of taxes must not be affected by cryptocurrencies.


Title: Re: Bitcoin must be regulated!
Post by: lolehiM92 on August 18, 2018, 03:54:20 PM
I think if the government and the bank accept the bitcoin deal then the bitcoin should have more specific regulations to help the market be more stable and contribute to make bitcoin more useful than reducing the maximum fraud. .


Title: Re: Bitcoin must be regulated!
Post by: Saisher on August 18, 2018, 03:54:46 PM
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.
it will take very huge money and a lot of manpower to be able to regulate Bitcoin, because it is decentralized up until now there is no right figure on how many people are holding bitcoin and how many wallet does every one bitcoin holders, it's just impossible and who who would do the governing or regulating


Title: Re: Bitcoin must be regulated!
Post by: Kayuslawal on August 18, 2018, 04:03:11 PM
Its better it should be regulated now before it will be too late, too much problems its facing because their is no authority controlled it, we need regulations to revolutionize cryptocurrency.


Title: Re: Bitcoin must be regulated!
Post by: joerogers8 on August 18, 2018, 04:20:13 PM
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.

Are you a government shill?  This post is outrageous.  Please educate yourself on crypto and world history.  You appear to be living in a different world than I am and it's oddly disturbing. 


Title: Re: Bitcoin must be regulated!
Post by: bitbunnny on August 18, 2018, 04:26:06 PM
Bitcoin can't be regulated. Period.
It's very simple.
Nobody own bitcoin or stand behind bitcoin.
There is no bank or any government behind bitcoin.
In fact, nobody control bitcoin.




Regulation is not about Bitcoin control, this is wrong attitude. And many posts here prove that many users don't have the clue what regulation means.
It's not control, it's not centralization and it's not ban but bringing some kind od legal order and defining what is allowed and what isn't, it's about to bring some legal security and back up to businesses and individuals who use Bitcoin.
And it's completely wrong to say that Bitcoin can't be regulated because many countries have already done that.


Title: Re: Bitcoin must be regulated!
Post by: btcmaster999 on August 18, 2018, 04:26:43 PM
Adaptation can be made. But this coin cannot be regulated. Not only BTC, but all the altcoins in the market too can be regulated because it is in a decentralized system.


Title: Re: Bitcoin must be regulated!
Post by: Spaffin on August 18, 2018, 04:38:11 PM
I think that Bitcoin and cryptocurrencies are waiting for a lot of regulation in the future. The government will try to control Bitcoin.
Governments of different countries will not only try to regulate bitcoin and other decentralized crypto currency, they will surely do so in the near future. We need to be prepared for the fact that governments and their governments will eventually tighten the terms of circulation of the crypto currency in these countries. We must proceed from the fact that the presence of a decentralized crypto-currency is generally unprofitable for any state and state structures will look for any reasons to limit its circulation. Therefore, the triumphal procession of crypto-currencies on the planet should not be expected, it will be a persistent struggle for existence.


Title: Re: Bitcoin must be regulated!
Post by: farukahmed on August 18, 2018, 04:43:03 PM
yes it will be changeable because market will be depend n crypto market they are use in crypto holder. I have some any kinds of coin but i dob't like sell because i want to some hold coin for my future because this crypto market will be any time changeable. The market can do it do or die because market can say you can buy coin any time it will be very change able.


Title: Re: Bitcoin must be regulated!
Post by: Juggy777 on August 18, 2018, 04:44:11 PM
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.

I stopped after reading few lines, and the word regulated popping all over shows your iq is very low when it comes to bitcoins. It's clear you saw bitcoins on the net, saw it's price fluctuations,  and jumped to conclusions without even studying it, Bitcoins cannot be regulated period.

If we wanted a regulated crypto, I would buy fiat not crypto, it's a reason it's decentralised there's no need to change it. I would recommend you to read up on bitcoins, or stay away as you'll end up in looses.

No the trust has not been lost, the community understands the fluctuations and is backing bitcoins, we'll know pump and dump is going to happen, and that's how one makes money, you need to learn this trade.


Title: Re: Bitcoin must be regulated!
Post by: aoluain on August 18, 2018, 05:45:35 PM
Yes must be regulated,thats what we needed now because they are so many manipulation and some new investors not coming because of the fear of government banning cryptocurrency.

No we dont need regulation, have you just read the thread? Manipulation is not
a concern it is up to everyone to educate themselves and make the choice to
either buy or sell when they feel is right.

Bitcoin cannot be stopped, regulated or banned. Its useage as in entry and exit
points can be but not bitcoin itself. Thankfully.

There are still a lot of people who seem to have a sense of entitlement to prices
always moving up


Title: Re: Bitcoin must be regulated!
Post by: alenpowa on August 18, 2018, 05:49:14 PM
No way the bitcoin is going to be regulated...  ???


Title: Re: Bitcoin must be regulated!
Post by: Skieleton on August 18, 2018, 05:50:44 PM
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.
As the currency crypted, "it's growing", it had to overcome serious compliance problems and regulations around the world. These regulatory issues are numerous depending on the country in which you are reading this. However, one problem seems to be repeated over and over again. Money laundering.

You can not fail to regulate the system in which criminal acts will take place. The code itself is not obviously reliable. People will find the way, forks will be forced on them, whether they want to or not. In this situation, regulation can be the only future ...


Title: Re: Bitcoin must be regulated!
Post by: Xising on August 18, 2018, 05:51:22 PM
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.

I actually want it to be regulated. I say that because there are so many positive implications that could happen in the betterment of cryptocurrencies and the market if that will happen. The fact that most of the coins right now are being doubted because of the negative happenings in the market is just so rampant; however, if it will be regulated, which means that there would be laws that could actually be made for its protection, then that will indirectly send people the message that it is a legitimate and legal asset, and so, that would give cryptocurrencies more trust from people that could improve the market tenfold.


Title: Re: Bitcoin must be regulated!
Post by: KonstantinosM on August 18, 2018, 05:53:08 PM
Bitcoin is regulated. By mathematics. We, the community and the developers reach consensus only through self-regulation. Anyone who breaks the rules can fork right off!


The US government regulates what people can and cannot do in the United States. We have to pay income taxes on income in any form. So we can pay taxes on bitcoin income.

I believe that at this early stage any government that is strict on bitcoin is shooting itself in the foot. People are just going to find a way around the regulation, or it's going to inhibit the country's future tax collection as the people in the country will lose out on the most potentially profitable market in history.


Title: Re: Bitcoin must be regulated!
Post by: Taki on August 18, 2018, 05:55:04 PM
Where from you took the information that investors cash out their money from bitcoin? Oppositely on news I see that new and new people invest in bitcoin at current minimums and those who wanted to sell done it before bitcoin dropped lower than 15000$. All the thread is simply your own opinion and it not based of facts. Do not make people confused, please, bitcoin will recover itself, but we should to be ready to wait long.


Title: Re: Bitcoin must be regulated!
Post by: painkiller321 on August 18, 2018, 06:53:33 PM
It cannot be regulated. It cannot be own by anyone nor it is ruled by anyone either. So, regulating the market will be a tough one.


Title: Re: Bitcoin must be regulated!
Post by: South Park on August 18, 2018, 06:55:18 PM
No, I know that bitcoin is going to be regulated but it is not a must, OP you seem to misunderstand what bitcoin is trying to achieve, we are trying to achieve a new way to understand the economy without a big party telling us what to do, what you are proposing goes against that and if that means less investors so be it, not everything is about making profits in this market.


Title: Re: Bitcoin must be regulated!
Post by: Rozita on August 18, 2018, 06:58:10 PM
Its better it should be regulated now before it will be too late, too much problems its facing because their is no authority controlled it, we need regulations to revolutionize cryptocurrency.

There is no need to authorities to control bitcoin. Bitcoin has been created to get rid of authorities. It's the main reason of creation of bitcoin.


Title: Re: Bitcoin must be regulated!
Post by: richan on August 18, 2018, 07:19:03 PM
Requesting for bitcoins regulations means the author don't understand what bitcoins stand for. Regulate the transactions that is anonymous on the blockchain or regulate the exchanges and services using bitcoins? The simple truth is that bitcoins is above regulation or monitoring hence government unable to touch it.


Title: Re: Bitcoin must be regulated!
Post by: ChocolateMuscles on August 18, 2018, 07:25:30 PM
I'm torn between the two "equations":

On the one hand,
Regulation = control = red tape => decay

On the other hand,
Regulation = control = trust => development

The only thing that's unclear to me is which of them turns out to be true in reality.
And the problem is you never can tell which way it goes until you try, but having tried something like that might become a point of no return... That's what I'm scared of.  :-\


Title: Re: Bitcoin must be regulated!
Post by: spartanrules on August 18, 2018, 07:34:03 PM
In my opinion the cryptomarket should be regulated, because I think regulation by the government of this sphere will affect positively. For expamle if certain sphere is regulated, trust of people in it and business turnover will increase, ICOs will more fair and transparent, scams will decrease. That's why as I mentioned earlier whole the market should be strongly regulated.


Title: Re: Bitcoin must be regulated!
Post by: silverston on August 18, 2018, 07:37:06 PM
Cryptocurrency and regulation are generally incompatible. How can you regulate what should not in its essence depend on anything, because decentralization - this is not what is not dependent on.


Title: Re: Bitcoin must be regulated!
Post by: Marlo Stanfield on August 18, 2018, 07:39:49 PM
Requesting for bitcoins regulations means the author don't understand what bitcoins stand for. Regulate the transactions that is anonymous on the blockchain or regulate the exchanges and services using bitcoins? The simple truth is that bitcoins is above regulation or monitoring hence government unable to touch it.

It's not above regulation. You could say it's above enforcement of regulations perhaps. But a lot of people aren't going to risk it if penalties are actually significant.


Title: Re: Bitcoin must be regulated!
Post by: Maamejane on August 18, 2018, 08:05:34 PM
Bitcoin regulation will  make it quiet stable but trust me people will take advantage of that and manipulate the system which will not be quiet favorable to the whole.


Title: Re: Bitcoin must be regulated!
Post by: cryptocamacho4785 on August 18, 2018, 08:18:17 PM
Bitcoin will last and will emerge as the ultimate winner for currency transaction whether it is regulated or not. It’s just that imposing regulations over it will add more reliability of the mass public. Besides, too much regulation would actually destroy its sole purpose of being decentralized. Bitcoin will recover sooner or later.


Title: Re: Bitcoin must be regulated!
Post by: MainIbem on August 18, 2018, 08:40:08 PM
It is a tall order to get bitcoin to be regulated. It is not possible.


Title: Re: Bitcoin must be regulated!
Post by: teejayrichard2 on August 18, 2018, 09:16:34 PM
regulating bitcoin will surely give investors guarantee to invest without fear and this will boost both confidence and price in the cryptocurrency market. i do hope this regulation comes as soon as possible so bitcoin can become stable.


Title: Re: Bitcoin must be regulated!
Post by: mojo2208 on August 18, 2018, 09:52:17 PM
yes, of course bitcoin should be settled. This will happen, it just takes time. Bitcoin is already regulated at the legislative level, in some countries :-X


Title: Re: Bitcoin must be regulated!
Post by: Antelopez2 on August 19, 2018, 07:55:19 AM
I think you don’t have a vast knowledge about bitcoin. It is a system that is regulated on web world and nobody knows who owns it. It is a world of mystery so I suggest you to get more knowledge about it.


Title: Re: Bitcoin must be regulated!
Post by: CrashGangster on August 19, 2018, 08:20:03 AM
I am sorry but bitcoin cannot be regulated by a particular body. It is in the world of web and there is no scope that government will regulate it because government is strictly against it. So I suggest that you should know more about bitcoin and its security and then invest on it.


Title: Re: Bitcoin must be regulated!
Post by: jennygamilo on August 19, 2018, 08:46:35 AM
I think it is an good idea for bitcoin to be more systematized ! And having a good flow.


Title: Re: Bitcoin must be regulated!
Post by: farhiamunni on August 19, 2018, 01:05:03 PM
Anyone can invest on bitcoin and nobody control this project. Even government can't control it. So we can say it can't be regulated.


Title: Re: Bitcoin must be regulated!
Post by: zhanyiguai261315 on August 19, 2018, 01:34:08 PM
Supervision is a double-edged sword. On the one hand, it helps to reduce the use of BTC for criminal activities!
On the other hand, BTC's investor privacy has been exposed, and many people will give up investing in BTC!


Title: Re: Bitcoin must be regulated!
Post by: Malam90 on August 19, 2018, 01:49:10 PM
Bitcoin can not be regulated naturally.  It is a decentralized blockchain technology and the first digital cryptocurrency in the world. You should bear in mind that nobody can regulate  bitcoin transactions.


Title: Re: Bitcoin must be regulated!
Post by: giantrobot on August 19, 2018, 01:50:01 PM
When Bitcoin is set by the government, it will be subject to regulatory restrictions by the government, which may lose some of Bitcoin's features. But I think one day Bitcoin will do this so that it can be accepted by the government, so that it can be used extensively. I look forward to it, but I also want the government not to bans Bitcoin's special features.


Title: Re: Bitcoin must be regulated!
Post by: binting on August 19, 2018, 01:56:01 PM
bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket...trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin and it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors with the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. there is no action being taken and i do not if the team are so selfish with their business on this system they created are they only milking the investors obviously if this is their ideals then i will not expect bitcoin will last long....


Title: Re: Bitcoin must be regulated!
Post by: Altf4 on August 19, 2018, 02:09:47 PM
Bitcoin runs independently in the cryptoworld ,for years now it is circulating successfully without those regulations, so there is no need for bitcoun to be regulated if it causes something difference to the holders of bitcoin.


Title: Re: Bitcoin must be regulated!
Post by: jwcastle on August 19, 2018, 02:37:00 PM
In my opinion for Bitcoin to go mainstream, it has to be regulated in some way. The average consumer barely understands the risks of using electronic money transfer services like Venmo, Zelle, Square, and the likes. With those services if you mistype a phone number or email address, it's very difficult to get your money back. And these services are part of banks that's under FDIC jurisdiction. Imagine if Bitcoin went mainstream without any regulations to protect the average consumer. People would be losing their Bitcoins everywhere! Obviously if you are reading this forum, you're not the average consumer. Think the average consumer as your grandma who still uses a flip phone.


Title: Re: Bitcoin must be regulated!
Post by: godfredmanu on August 19, 2018, 02:39:32 PM
It won't be easy bitcoins to be regulated due to the the unknown transactions pointing to a particular entity. However if it can be regulated by security and exchange commissions as part of regulations in the stock and fx market, then bitcoins can become a  mainstream investment asset.


Title: Re: Bitcoin must be regulated!
Post by: pltgksl on August 19, 2018, 02:45:44 PM
regulatation of which part of BTC? technology, conditions, rules, legals...


Title: Re: Bitcoin must be regulated!
Post by: bangkecol on August 19, 2018, 02:48:43 PM
regulatation of which part of BTC? technology, conditions, rules, legals...

Much needs to be done to get acceptance from each country, primarily a clear regulation. And there is a section to control the circulation of bitcoin. This is what is still in the debate stage.


Title: Re: Bitcoin must be regulated!
Post by: yousuf5 on August 19, 2018, 02:49:10 PM
When Bitcoin is set by the government, it will be subject to regulatory restrictions by the government, which may lose some of Bitcoin's features. But I think one day Bitcoin will do this so that it can be accepted by the government, so that it can be used extensively, trust of people in it and business turnover will increase, ICOs will more fair and transparent, scams will decrease. That's why as I mentioned earlier whole the market should be strongly regulated.


Title: Re: Bitcoin must be regulated!
Post by: ETHtotheMOON1 on August 19, 2018, 02:51:11 PM
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.

sayings like your trust is slowly withdrawing and all investors feel the same is not true. Again just an emotional useless post from someone who has zero understanding of the market


Title: Re: Bitcoin must be regulated!
Post by: Okky ID on August 19, 2018, 02:56:58 PM
Discussing about things like this will never end and get no result. We know that the nature of Bitcoin to be decentralized and no one can regulate it. When someone or an organization, or a country can regulate it, the originality or characteristic of Bitcoin will be over. So, what can be regulated? Who can use the Bitcoin, How to use the Bitcoin, and Where to use the Bitcoin. Those things are possible to regulate, but Bitcoin cannot.    


Title: Re: Bitcoin must be regulated!
Post by: untugede on August 19, 2018, 02:58:10 PM
Isn't decentralized bitcoin that cannot be regulated by anyone, even the government will not be able to regulate it, it is the trust of many people who will be able to increase the return of bitcoin prices, and more and more people doubt the rising price of bitcoin, and the number of people who panic and sell some bitcoin they have will continue to make bitcoin reduce its price.


Title: Re: Bitcoin must be regulated!
Post by: anrian062 on August 19, 2018, 03:02:11 PM
I think that OP is pointing for "bitcoin to accepted in world(or some) government". With this point i think it is possible to achieve, even more it will become a huge advantage in this decentralized system. Bitcoin regulation in the way how to get, keep it safe and payment medium.

But. To regulate the core of bitcoin is nonsense.


Title: Re: Bitcoin must be regulated!
Post by: alexgreen8012 on August 19, 2018, 03:09:04 PM
The main foundation principle of bitcoin was decentralization and no regulation but looking at the current market manipulations and huge money involved, it seems regulation is imminent else small investors will incur huge losses regularly.


Title: Re: Bitcoin must be regulated!
Post by: dsaijz03 on August 19, 2018, 03:11:48 PM
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.
Eventhough there is no clear team behind bitcoin, it won’t fall down because of many people holds bitcoin. Nobody owns bitcoin nor it is controlled by somebody or government, it has it’s own market that bitcoin circulates and used by many users around the world and that is why bitcoin will not perish like a bubble.


Title: Re: Bitcoin must be regulated!
Post by: HeXecutor on August 19, 2018, 03:12:10 PM
It seems to me somewhat stupid all the arguments about whether it is necessary to regulate bitcoin or not. It is necessary to realize the fact that bitcoin is almost impossible to control ... in this there is a sense of decentralization. So I'm getting a little ridiculous on this topic ... it's just fantasies that have nothing to do with reality


Title: Re: Bitcoin must be regulated!
Post by: Catch-22 on August 19, 2018, 03:23:13 PM
I wholeheartedly agree with this statement. Bitcoin must be regulated. It really depend on how a person defines regulation. For me, it’s just recognition by central banks and protection from scammers. Bitcoin will not become mainstream without regulations.


Title: Re: Bitcoin must be regulated!
Post by: RohiGabriel12 on August 19, 2018, 03:29:02 PM
There would be a negative and positive side of regulating Bitcoin. In the positive side atleast the people who are using this currency can be more secured in terms of liquidating it as an asset. However on the negative side, government may put too tax and lose what we can still benefit from it at this moment.


Title: Re: Bitcoin must be regulated!
Post by: Agnusdei12 on August 19, 2018, 03:33:31 PM
Regulating bitcoin had a good effect. This can be a form of acceptance in making digital money of a world currency as part of globalization. Bitcoins can now be liquidated and people who invest and use bitcoin or any crytocurrencies may now be protected by banks and government.


Title: Re: Bitcoin must be regulated!
Post by: Lazada on August 19, 2018, 03:36:21 PM
Regulating Bitcoin is a must. If we just stay silent and Bitcoin doesn't get regulation then the development of digital currency can stop.
Regulations carried out by the government will also be very necessary because without regulations governing the circulation of Bitcoin, the price of Bitcoin will continue to experience price volatility.


Title: Re: Bitcoin must be regulated!
Post by: beniesyde on August 19, 2018, 03:52:06 PM
How do you regulate it? if you do not ask that it be centralized, like fiat.
Centralizing Bitcoin will make it useless. we need regulation to monitor each bitmoin diagram and minimize the bitmo's criminal action, rather than stop high volatility or eliminate risk. and this is impossible.

By the way, if you are familiar with the stock market, you will find out that bitkoyn also fluctuates, and does better than many regulated stocks.
,


Title: Re: Bitcoin must be regulated!
Post by: tokenjob on August 19, 2018, 06:33:59 PM
BTC is impossible to be regulated because it is operated in a decentralised system, not on a centralized one.


Title: Re: Bitcoin must be regulated!
Post by: ZazaG7 on August 19, 2018, 07:15:04 PM
Looks like the value drop has you frightened a bit! No nation/legislative element could direct Bitcoin itself. They are attempting to, however the main thing they can do is manage how you get Bitcoin. We've seen this officially through KYC and different trades constraining this upon the clients. Be that as it may, too bad, Bitcoin really couldn't be directed. There is no chance to get for an element to "kill" Bitcoin as they improve the situation the share trading system when the cost is falling. Try not to try and stress over the cost, only hodl on. We will go bring down for the time being, yet long haul is still extremely bullish.


Title: Re: Bitcoin must be regulated!
Post by: rahimali on August 19, 2018, 07:16:13 PM
BTC does not need to be regulated. There can be made certain adaptations but regulating is an impossible feat.


Title: Re: Bitcoin must be regulated!
Post by: tokatuku on August 20, 2018, 09:00:42 AM
They are trying, but the only thing they can do is adjust the way you receive Bitcoin. We have seen this through KYC and various exchanges tie this down when users. But sorry, Bitcoin really can not be adjusted. But I think someday Bitcoin will do this so that it can be accepted by the government, so that it can be widely used.


Title: Re: Bitcoin must be regulated!
Post by: anitalxy on August 20, 2018, 09:06:23 AM
Before you send this post, it is recommended to first understand what Bitcoin is.
Of course, if there are some measures to stop these frauds, it is best.


Title: Re: Bitcoin must be regulated!
Post by: Garrixx on August 20, 2018, 09:36:24 AM
regulate bitcoin, this means abandoning the original idea, spit in the face of its creator


Title: Re: Bitcoin must be regulated!
Post by: VeronicaStephens89 on August 20, 2018, 09:42:31 AM
What rules will Bitcoin follow? Who will rule out the law of Bitcoin or cryptocurrency? There is speculation that the government will create a regulation on Bitcoin, what do you think?


Title: Re: Bitcoin must be regulated!
Post by: Perkovic on August 20, 2018, 10:06:51 AM
I understand what you're talking about, but why should it be regulated? I believe that the whole charm of bitcoin is precisely in its decentralization


Title: Re: Bitcoin must be regulated!
Post by: nina_duschenko on August 20, 2018, 10:47:44 AM
If bicoin could be controlled I should be destroyed. We have regulation and the government gets it's cut. But that's done and over. There will be no identity tied to bitcoin or any declaring of bitcoin.
We are not asking the government for permission, we are telling them that this is how it is.
Here is a briefly story which I have found on medium (https://medium.com/swlh/should-bitcoin-be-regulated-9e1155c1d56e) First created in 2009 by a person with the alias Satoshi Nakamoto, Bitcoin became the pioneer of cryptocurrency and Blockchain technology. Bitcoin is a digital currency in which encryption and cryptography are used to control the value and verify the transactions. While traditional currency goes to central payment processors, such as Visa and MasterCard, Bitcoin transactions are processed by computers running special software. Every time a transaction occurs, the network records both the sender’s and the receiver’s Bitcoin addresses, and the amount of money into the end of a “Ledger” or a record called Blockchain. After nearly a decade since its invention, Blockchain has not yet reached to its full potential. Billions of dollars of investments are made every day, but none of the great potentials come to reality, despite only serving Bitcoin for its payment system and allows illegal payments to occur in the Dark Web. The government has started to underestimate the value of Bitcoin and thinks that regulation is the best way to solve its issue. On the other side, the majority Blockchain developers do not approve the regulatory framework proposed by the government, as they think Blockchain will still reach to something significant in the long run. Many tech investors view the Blockchain in the future as a host for applications, such as crowdfunding and online voting. Although cryptocurrencies have several downsides, strict regulations from the government are not the right solution as they would decrease the market value and prevent the Blockchain from reaching its full potential, such as managing personal identity and improving representative democracy.

The core technology in Bitcoin which is called Blockchain is what makes Bitcoin special as many tech experts claim it to be hacker proof. Back when Bitcoin and computers have were not yet invented, the most popular way for people to keep their secret documents is by keeping them in a vault and making a lot of copies. Thus, when someone else stole the person’s document without breaking into the vault, the victim would still have other copies in different locations. Similar to Blockchain, files or any pieces of information are encrypted so that only a specific person could read or write the file, which are stored in thousands of computers but still linked together with the internet. The computers combine which store all the files are called node-blocks and the network connecting all the files are called chain. The encrypted code will get updated every several hours which makes the entire system almost impossible for a hacker to break in.


Title: Re: Bitcoin must be regulated!
Post by: cryptocurrencyguru on August 20, 2018, 10:53:46 AM
Bitcoin cant be regulated the main reason is it is decentralized and cant be controlled by any governments officials so regulating wont happen in any time future


Title: Re: Bitcoin must be regulated!
Post by: Emanammy on August 20, 2018, 11:12:25 AM
Bitcoin and other cryptocurrencies must be regulated before they become large enough to disrupt the global economy.


Title: Re: Bitcoin must be regulated!
Post by: btc78 on August 20, 2018, 12:04:00 PM
every single sentence here proves that you do not know what bitcoin is. you are just too caught up in the price and have been excited about it that you forgot to check out what is this thing called "bitcoin" that you got involved in!

i suggest that you start by educating yourself a little more. read the bitcoin paper. start watching some of the Andreas Antonopoulos' videos , you can read his book mastering bitcoin. and you will no longer think this way. here is a link: https://antonopoulos.com/

The problem mate if op really know how to understand if ever he would read tha books of andreas lol 😂

This is the problem about those people who entered in cryptocurrency that has no knowledge instead focusing about the price but don't have time to research about the crypto coins specially blockchain and bitcoin.


Title: Re: Bitcoin must be regulated!
Post by: Kertmu on August 20, 2018, 12:09:33 PM
The less confidence is in Bitcoin, the more difficult it will be to raise its cost even to 10K, not to mention the forecasts of some experts $ 60K in July 2019, even with Bitcoin ETF.


Title: Re: Bitcoin must be regulated!
Post by: osmo on August 20, 2018, 12:12:24 PM
I think there are many people who know that there is nothing that can regulate bitcoin, now that some countries can only regulate who can buy and sell bitcoin with KYC. I am not concerned about the price of bitcoin which is going down, because it is normal for me to hunt, bitcoin will definitely return


Title: Re: Bitcoin must be regulated!
Post by: Atherus on August 20, 2018, 12:17:35 PM
When you want bitcoin to be regulated you haven't understood the actual idea of decentralization. Regulation will lose faith in the cryptocurrency idea.


Title: Re: Bitcoin must be regulated!
Post by: Saveplus on August 20, 2018, 12:21:04 PM
If bitcoin was regulated it was not decentralized.Nobody can regulated gave a law by it.Government may imposed regulations and policies that we dont want to happen.


Title: Re: Bitcoin must be regulated!
Post by: hachiman13 on August 20, 2018, 12:23:13 PM
Bitcoin cannot be regulated; it is decentralized so no central figure to exercise regulation. However, IMO, centralized exchange must be regulated since they are literally going overboard. Some of the large exchanges charges ridiculous fees for listing a  token. It can also be a tool used in money laundering.


Title: Re: Bitcoin must be regulated!
Post by: TheClownSong on August 20, 2018, 12:29:58 PM
When you want bitcoin to be regulated you haven't understood the actual idea of decentralization. Regulation will lose faith in the cryptocurrency idea.

Regulation does not effect on decentralized system. Regulation from government just for transaction in country because we still can transaction using bitcoin across the world. Regulation needed for government because government want to collect taxes


Title: Re: Bitcoin must be regulated!
Post by: CordandAN on August 20, 2018, 01:37:41 PM
When you want bitcoin to be regulated you haven't understood the actual idea of decentralization. Regulation will lose faith in the cryptocurrency idea.

Regulation does not effect on decentralized system. Regulation from government just for transaction in country because we still can transaction using bitcoin across the world. Regulation needed for government because government want to collect taxes

Right. They cannot control or rule it because of decentralization, but they can control our operations outside the system, like buying fiat, etc. just to make us pay taxes.


Title: Re: Bitcoin must be regulated!
Post by: Leadership58 on August 20, 2018, 06:42:08 PM
If bit coin regulated it will be destroyed surely. Bitcoin develop such a way that no regulation is needed to play this coin. I believe this platform is alone strong. So it’s not be regulated.


Title: Re: Bitcoin must be regulated!
Post by: Phlaser on August 20, 2018, 06:55:08 PM
How can a decentralized digital currency like Bitcoin br regikated when it is not own by just one body or entity but the global world? Regulating Bitcoin means it will be subjected to the dictatorship of the rulers like our fiat. Bitcoin is superb and one of the best things that has happened to the human race.


Title: Re: Bitcoin must be regulated!
Post by: nagasaking on August 20, 2018, 06:58:07 PM
every single sentence here proves that you do not know what bitcoin is. you are just too caught up in the price and have been excited about it that you forgot to check out what is this thing called "bitcoin" that you got involved in!


Title: Re: Bitcoin must be regulated!
Post by: Nanacoin on August 20, 2018, 07:35:46 PM
I get your explanations right but it looks practically impossible to regulate bitcoins. Bitcoins is decentralized and hence cannot be controlled  by an government or head of state.


Title: Re: Bitcoin must be regulated!
Post by: *kimcil* on August 20, 2018, 07:38:34 PM
They try, but the only thing they can do is manage how you get Bitcoin. We have seen this through KYC and various exchanges forced this on users. But sorry, Bitcoin really can't be regulated. There is no way for entities to "turn off" Bitcoin as they do for the stock market when prices are collapsing. Don't even have to worry about the price, just use it. We will weaken in the short term, but the long term is still very bullish.


Title: Re: Bitcoin must be regulated!
Post by: victorski on August 20, 2018, 07:47:16 PM
I can agree with you because right now bitcoin is as it is, a decentralized in unregulated insane and chaotic thing, which can both, help you out and destroy you completely. So it needs to be regulated.


Title: Re: Bitcoin must be regulated!
Post by: South Park on August 20, 2018, 09:51:35 PM
They are trying, but the only thing they can do is adjust the way you receive Bitcoin. We have seen this through KYC and various exchanges tie this down when users. But sorry, Bitcoin really can not be adjusted. But I think someday Bitcoin will do this so that it can be accepted by the government, so that it can be widely used.
Governments can monitor their fiat channels since they have a very strict control over them but if at some point in the future people begin to accept bitcoin directly for all kind of products and services governments are going to have a huge problem not only regulating bitcoin but the rest of the economy as well since we will not need to follow their rules.


Title: Re: Bitcoin must be regulated!
Post by: Forsaken Kobolds on August 21, 2018, 01:43:06 AM
"I think it needs to be easily accessible and useable by anyone and it needs to become so
common as to be accepted anywhere..Because no one wants to use a currency that does
not have a consistent valuation."


Title: Re: Bitcoin must be regulated!
Post by: Labyrinth Wraiths on August 21, 2018, 01:46:06 AM
You should know the fundamentals of BTC first. BTC is such crypto currency that is not centralized precisely no bank, government or any other institute cannot control it. Only the user has all the control over his own btc .


Title: Re: Bitcoin must be regulated!
Post by: Teivion on August 21, 2018, 01:50:27 AM
You have to check the roadmap very carefully when you are planning for investment in any ICO project. Lack of roadmap or under-constructed roadmap is like a red signal. If you could make it out then through this you could spot scam too.


Title: Re: Bitcoin must be regulated!
Post by: Exhim1940 on August 21, 2018, 02:07:55 AM
It seems quite illogical. If you want bitcoin to be regulated by the government then I would say you are completely not known about the functionality of it. There is no authority over it.


Title: Re: Bitcoin must be regulated!
Post by: cyriljundos on August 21, 2018, 02:11:20 AM
if the bitcoin would be regulated in the government this would have sentralized the bitcoin to the government


Title: Re: Bitcoin must be regulated!
Post by: flying_bit on August 21, 2018, 02:21:30 AM
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.

What happens to decentralization which is main idea behind bitcoin. Bitcoin transaction if you don't know yet is p2p, no intermediaries, decentralized and transparent. There's shouldn't have 3rd party or middle men. If it's regulated, then it will lose it will lose it's main objective.
What I believe that needs to be regulated are ICO projects. We, investor will need some protection from it but only to ensure that dev team will not disappear and run away with our money but cryptocurrency in general should remain unregulated and decentralized.


Title: Re: Bitcoin must be regulated!
Post by: Zumulong on August 21, 2018, 02:41:49 AM
Bitcoin is a decentralized currency. Here no third party is involved in any transaction, and this is what make the transaction so secure. If we want to regulate bitcoin, we will need to make it centralized. But by doing so, bitcoin will go away from its mission. So, we should not regulate it.


Title: Re: Bitcoin must be regulated!
Post by: Bryrsyrog on August 21, 2018, 02:44:28 AM
The mission of bitcoin was to make a decentralized peer-to-peer transaction system where there will not be any third party involved to make the transaction safe and secure. But if it is regulated, there will be a third party involved. Thus, bitcoin will deviate from its mission. So, bitcoin should not be controlled.


Title: Re: Bitcoin must be regulated!
Post by: GreenInformation547 on August 21, 2018, 02:48:54 AM
Bitcoin can't be regulated because it's use blockchain technology and that's why it's decentralized. So, it is beyond regulation.


Title: Re: Bitcoin must be regulated!
Post by: bp.comp69 on August 21, 2018, 03:08:49 AM
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.

yes, Bitcoin must have rules like government, so that there is no personal authority or the lowest figure can also enjoy Bitcoin, not just high ranks who enjoy Bitcoin.


Title: Re: Bitcoin must be regulated!
Post by: Neseece on August 21, 2018, 03:09:23 AM
The nature of Bitcoin is that it can't be controlled. Bitcoin is not under anyone's control. There is not any person, or company or any government behind bitcoin controlling it. So, it can't be and should not be controlled.


Title: Re: Bitcoin must be regulated!
Post by: Matty96 on August 21, 2018, 03:18:56 AM
Look at all the huge buy and sell orders and you can tell how many whales are out there controlling the market the way they want.
It was borned to be a decentralized world but right now so many things are going on in the back we dont know such as regulation which is really sad.

I would say the market will be able to recover when they hype comes back and the great buying volume comes back again. Then the whales would also follow the hype. We dont have to worry too much.


Title: Re: Bitcoin must be regulated!
Post by: MatthewNaccarato on August 21, 2018, 03:22:26 AM
Why bitcoin be regulated? Bitcoin is totally third party free. There is no third party or any government to regulate this.


Title: Re: Bitcoin must be regulated!
Post by: indayburakday012 on August 21, 2018, 03:41:35 AM
I like the response of the many people here in this thread and basing on the comment i read looks like it is indeed true that bitcoin does not needed any government regulations and we should work on our own not letting the government doing our business. They have no business with our system and that the fact they should not stepped in or if they want to then they should not implement regulations instead they should do a safety measures for the those who invested on bitcoin.


Title: Re: Bitcoin must be regulated!
Post by: jeromix on August 21, 2018, 03:48:10 AM
Well the regulations will be identified of course we let the system remain on what it is intended for. Since it is decentralized and peer to peer transactions then it should be that way. However, regulations does not only limit on taking advantage on the system. There is another way to regulate bitcoin without changing the the system on how it works like only seeing the team development doing their job honestly without abusing on the way market price moves. IT should be the people to decide how market price moves and not the team developers who created the bitcoin if there could be such thing because if there is this is already called an abuse to the system and to the investors.


Title: Re: Bitcoin must be regulated!
Post by: HDContent751 on August 21, 2018, 03:49:27 AM
It's not possible to regulate BTC I hope. There are no one to regulate BTC because it's a decentralized crypto.


Title: Re: Bitcoin must be regulated!
Post by: rosemary4u on August 21, 2018, 04:59:06 AM
Bitcoin liberates individuals from the   stress that the formal monetary system impose on them. Regulation of bitcoin will change the basis of blockchain technology which is decentralization.


Title: Re: Bitcoin must be regulated!
Post by: IndigoRed on August 23, 2018, 02:51:09 AM
I agree. Only with some level of regulation can mass adoption of bitcoin take place. Regulation could be a good thing. It could mean order and protection. It could ensure a seamless and organized system we all could trust. That’s important, right?


Title: Re: Bitcoin must be regulated!
Post by: bitterdog on August 23, 2018, 01:11:45 PM
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.
In some aspect, i think your opinion is still can be considerated again, but if we try to remember what the initial goal of creating bitcoin, bitcoin is built up based on the decentralized system which means there will be no governments or institutions that will regulated bitcoin.


Title: Re: Bitcoin must be regulated!
Post by: BIOX on August 23, 2018, 03:57:05 PM
I strongly believe that BTC shouldn't be regulated. It is a centralized currency and this feature is unique. Of course there should be special laws that can control the usage of BTC in different spheres of our life


Title: Re: Bitcoin must be regulated!
Post by: KonstantinosM on August 23, 2018, 04:19:15 PM
I strongly believe that BTC shouldn't be regulated. It is a centralized currency and this feature is unique. Of course there should be special laws that can control the usage of BTC in different spheres of our life

No, it is a decentralized currency. And bitcoin, like most things is regulated in many ways by many different countries. Under fair regulation practices, bitcoin would thrive, under no regulation bitcoin would thrive and under strict regulation meant to destroy bitcoin, bitcoin would probably survive.

That being said, I don't think bitcoin must be further regulated. It's genuinely too early for that.


Title: Re: Bitcoin must be regulated!
Post by: maloibtc on August 23, 2018, 04:25:52 PM
I can say that btc isn' t regulated now and it is considered its biggest advantage, I don't know whether it is possibe to enjoy the same advantages later if it becomes centralized. That's why i think we need to enjoy it now


Title: Re: Bitcoin must be regulated!
Post by: Keyboard PC on August 23, 2018, 04:30:54 PM
I don't think bitcoin needs regulation too much because for the most important circulation of bitcoin it is purely a movement of buyers and sellers so regulations should not be needed but some countries regulate the circulation of bitcoin.


Title: Re: Bitcoin must be regulated!
Post by: saruxanyan on August 23, 2018, 05:05:29 PM
when something becomes global, it attracts attention from the side! bitcoin has become one of the most popular payment systems! now we are faced with a restriction and with regulation! so that new investors enter the crypto market, then state regulation is necessary! as well as support and legalization of bitcoins all over the world!


Title: Re: Bitcoin must be regulated!
Post by: mensahkkofie on August 23, 2018, 05:09:50 PM
There will surely be a time, when there will be some form of regulations in bitcoin and the various Cryptos. Governments all over the world, always want to have some form of control in almost everything that happens in their country.


Title: Re: Bitcoin must be regulated!
Post by: South Park on August 23, 2018, 07:41:06 PM
You should know the fundamentals of BTC first. BTC is such crypto currency that is not centralized precisely no bank, government or any other institute cannot control it. Only the user has all the control over his own btc .
Exactly people come to this market thinking they are just investing in something that can give them a lot of profits and when that is not the case they begin to ask for regulations, bitcoin not only is a currency it is a tool to resist censorship, if the banks around the world decide that they do not want to deal with you then you had no way to send money all over the world but now bitcoin gives you that chance.


Title: Re: Bitcoin must be regulated!
Post by: Dimon 12 on August 23, 2018, 09:16:01 PM
I think btc is evolution) Everything will be changed soon, everything will be regulated and we will see it in the next 10 years! As soon as the last btc is obtained and it settles down) btc will become stable and there will not be such volatility if they want to replace money! I suggest that everyone begin to be preempted to a new reality and find solutions and solutions to problems! We study new conditions)


Title: Re: Bitcoin must be regulated!
Post by: lsafronova095 on August 23, 2018, 10:41:49 PM
I am very strange to hear from the author of this post that bitcoin needs to be regulated. This contradicts its main advantage, anonymity and decentralization. You can not bind bitcoin to the chain, this is just what many States want, but you can not do this. All are equal owners of this crypto property.


Title: Re: Bitcoin must be regulated!
Post by: abbywem on August 23, 2018, 11:26:24 PM
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.

I hope you don't believe this and are just typing stupid stuff to get your post thread count up.  Why on gods earth do you want regulations.  The big money will flow in just fine once things are more established.  The only reason you want regulations is because that's what the media planted in your head.  They will make sure to keep the market down long enough to have fools like this poster begging for rules so he can have big money bail out his shitty trade. 


Title: Re: Bitcoin must be regulated!
Post by: gidaahmad on August 23, 2018, 11:59:31 PM
Now, every country has different rules for Bitcoin. And of course regulations are made to limit the use of Bitcoin in a country. Bitcoin has not been fully regulated in all countries.


Title: Re: Bitcoin must be regulated!
Post by: suzanogbomo on August 24, 2018, 12:02:20 AM
Bitcoin was designed to be peer-to-peer, away from a central controlling body, regulating bitcoin could suppress the original intent for having it. Government  may tamper with liberty it gives


Title: Re: Bitcoin must be regulated!
Post by: Docnaster on August 24, 2018, 12:04:45 AM
I like the response of the many people here in this thread and basing on the comment i read looks like it is indeed true that bitcoin does not needed any government regulations and we should work on our own not letting the government doing our business. They have no business with our system and that the fact they should not stepped in or if they want to then they should not implement regulations instead they should do a safety measures for the those who invested on bitcoin.

How do you expect Bitcoin to achieve corporate adoption without being approved by the governments? Do you think corporations are rogue entities that like playing around with regulations and participating in greyish behavior? The answer is no. Regulations preceeds corporate adoption, and hence regulation is the key to a much larger market overall. The only people that don't want regulation are the idiots who can't see the bigger picture.


Title: Re: Bitcoin must be regulated!
Post by: Sadlife on August 24, 2018, 12:04:51 AM
Whales aren't withdrawing their just trying to bring the price lower so they can buy and reinvest. There are even price manipulation that is happening in exchanges and cover ups like hacks but the truth is the data breaches is not enough to explain why the price is dumping in a large amount.


Title: Re: Bitcoin must be regulated!
Post by: Nurul_ on August 24, 2018, 12:06:14 AM
that's true and I really agree. but until now no one can control or regulate bitcoin. even we cannot predict the movement of the bitcoin price chart bro. therefore it's very difficult to manage bitcoin


Title: Re: Bitcoin must be regulated!
Post by: spyda5556 on August 24, 2018, 12:23:39 AM
Ok so first of all I see Bitcoin/ Cryptocurrency as a movement and a revolution. A "smarter" form of currency and blockchain as a technology with wide spread application of use particularly interesting is the system of checks and balances/ record keeping that it creates. I don't believe that cryptocurrency can be stopped its widespread implementation is present and growing and developing all over the world and because of that any entity that resists or delays it's implementation will eventually conform to prevent from becoming obsolete and being left behind in innovation.


Title: Re: Bitcoin must be regulated!
Post by: MTNAX on August 24, 2018, 12:39:32 AM
Are you sure that if bitcoin is regulated the profit of bitcoin will be the same as it is today? I think if bitcoin is properly regulated the profits that we get cannot be maximized, it might be lower than what we get today. We also cannot be free to look for big profits, I don't think bitcoin needs to be regulated if we still want to make a big profit.


Title: Re: Bitcoin must be regulated!
Post by: South Park on August 24, 2018, 04:08:42 PM
I am very strange to hear from the author of this post that bitcoin needs to be regulated. This contradicts its main advantage, anonymity and decentralization. You can not bind bitcoin to the chain, this is just what many States want, but you can not do this. All are equal owners of this crypto property.
The good thing is that no one is going to listen to him, governments are going to try to regulate bitcoin, there is no doubt about it but the developers are never going to change the code to make the life of governments easier and since code is law in this market then it does not matter, but more than ever I really think we need a DEX that works soon, so we can exchange our coins without having to use centralized parties.


Title: Re: Bitcoin must be regulated!
Post by: Fear on August 24, 2018, 07:47:34 PM
I do believe, that if guys in the government will try hard and try to make it positive not for themselves only, we can experience the full positivness of Bitcoin and blockchain usage everywhere.


Title: Re: Bitcoin must be regulated!
Post by: Vsamuel on August 24, 2018, 09:24:50 PM
Bitcoin drives the concept of decentralization in this crypto-market. Proposing that Bitcoin should be regulated is equal to wishing that decentralization is abolished from the crypto world for centralization to dominant.


Title: Re: Bitcoin must be regulated!
Post by: josephdd1 on August 24, 2018, 09:27:34 PM
In a way, I agree that Bitcoin does need some form of mild regulation to put people at ease but too much of it and its all for nothing. Thus, such  ideas must be well communicated before people get too panicky.


Title: Re: Bitcoin must be regulated!
Post by: Rozita on August 24, 2018, 09:34:04 PM
Are you sure that if bitcoin is regulated the profit of bitcoin will be the same as it is today? I think if bitcoin is properly regulated the profits that we get cannot be maximized, it might be lower than what we get today. We also cannot be free to look for big profits, I don't think bitcoin needs to be regulated if we still want to make a big profit.

I think you worry about the price. Regulations might cause the price to fall in the short term. But note that many new jobs that are related to cryptocurrencies might be created.


Title: Re: Bitcoin must be regulated!
Post by: Iykecollinz on August 24, 2018, 09:49:09 PM
It is almost impossible to when it comes to regulation of bitcoin, you can only regulate what you have control over and has a central source, btc does not have an institution nor a body that manages it, so who will implement the regulation laws, I really wish it is possible


Title: Re: Bitcoin must be regulated!
Post by: Rooster101 on August 25, 2018, 07:53:19 AM
Regulations can only cover the transactions of any cryptocurrency in the exchanges but you can not diectly regulate the bitcoin itself because it is a decentralized currency. Transactions like buying or selling a bitcoin can be regulated and this law can also used to protect any cryptocurrency holders from many scam that are proliferating in the online world.


Title: Re: Bitcoin must be regulated!
Post by: Kayuslawal on August 25, 2018, 08:09:15 AM
Yes every one needs to support this revolution of supporting the regulations of cryptocurrency, it's what will bring  back the good time of cryptocurrency again and to gain trust of people.


Title: Re: Bitcoin must be regulated!
Post by: Courtney78Green on August 25, 2018, 08:22:50 AM
The Bitcoin regulations are intended to provide investors with a common interest in the cryptocurrency market. I think the government is the regulator for the cryptocurrency market. Do you think so?


Title: Re: Bitcoin must be regulated!
Post by: 12tribes on August 25, 2018, 08:41:52 AM
The bitcoin revolution has come and the dimension that the crypto world has taken calls for regulation and monitoring in some sense so that the activities of fraudsters and scammers are seriously curtailed and mitigated. If the crypto space is not protected or regulated,, then we expose ourselves to the dangers of the crypto being labelled a fraudulent business.


Title: Re: Bitcoin must be regulated!
Post by: sunita01 on August 25, 2018, 08:53:38 AM
I think bitcoin regulate is not possible at this time, if the government tries it, then it can be some solution in the future.


Title: Re: Bitcoin must be regulated!
Post by: waynechong1995 on August 25, 2018, 09:04:09 AM
If it's regulated it would be die for now, yes market manipulation is there but losing the essential of being decentralised placed bitcoin directly to any ordinary stock that couldn't achieve what it is today. Most of the people might attached to its price, believing some big whales are throwing it down but that's the side effect when some much money pouring in.


Title: Re: Bitcoin must be regulated!
Post by: rickyNmorty on August 25, 2018, 09:13:59 AM
If they accept bitcoin and bitcoin are regulated then bitcoin will of course be accepted by the government and we will have plans and policies for longer term bitcoin investment.

In contrary the government might take this opportunity to abused the regulations of bitcoin. But when talking legally it is good if the bitcoin has been regulated by the government for the better use of everyone because when we talk about legalization it is agreeing or somewhat approved according to the law. But the government should not think about the government itself they must consider the people om crypto community as well.


Title: Re: Bitcoin must be regulated!
Post by: 2fresh on August 25, 2018, 09:47:44 AM
I am very strange to hear from the author of this post that bitcoin needs to be regulated. This contradicts its main advantage, anonymity and decentralization. You can not bind bitcoin to the chain, this is just what many States want, but you can not do this. All are equal owners of this crypto property.
The good thing is that no one is going to listen to him, governments are going to try to regulate bitcoin, there is no doubt about it but the developers are never going to change the code to make the life of governments easier and since code is law in this market then it does not matter, but more than ever I really think we need a DEX that works soon, so we can exchange our coins without having to use centralized parties.

Yes most people think opposite of the OP, so don't worry about it.


Title: Re: Bitcoin must be regulated!
Post by: ToniJu on August 25, 2018, 09:53:15 AM
You may not fully understand the current state of Bitcoin. Although it does not have many practical effects, it is being used in commercial hype, and these hype can bring profits to investors!


Title: Re: Bitcoin must be regulated!
Post by: Itjoker on August 25, 2018, 09:55:34 AM
Right now cryptocurrencies have firmly entered our life and now nothing can change with simple prohibitions. The state will have to regulate this new industry and try to generate revenue from it. Therefore, it is precisely the correct regulation of the cryptomarket that will become the basis for the growth of the price of not only Bitcoin, but also other alternative coins. That's why I'm sure we will see hard growth of altcoins next several years, because it will make ICO and whole the market more transparent.


Title: Re: Bitcoin must be regulated!
Post by: aladlanie04 on August 25, 2018, 11:29:18 AM
I feel also the same as soon as bitcoin is regulated the more growth will happen as fast as can to the crypto currency world. Now most of the people using crypto currency trading or buying or selling of bitcoin because they see the potential in bitcoin  the people think's bitcoin will give financial freedom to their life
hopefully government can bring the rules and regulations if they want to impose anything tax on bitcoin  whether trading or buying whatever is ok just to adopt the bitcoin in human life is great innovation for upcoming years.


Title: Re: Bitcoin must be regulated!
Post by: Sunny.kmr on August 25, 2018, 12:21:16 PM
Yeah. bitcoin need to regulated because regulation makes surety of no concealment in it and the obligation of others will possible but right now its not. 


Title: Re: Bitcoin must be regulated!
Post by: South Park on August 26, 2018, 04:31:08 PM
I am very strange to hear from the author of this post that bitcoin needs to be regulated. This contradicts its main advantage, anonymity and decentralization. You can not bind bitcoin to the chain, this is just what many States want, but you can not do this. All are equal owners of this crypto property.
The good thing is that no one is going to listen to him, governments are going to try to regulate bitcoin, there is no doubt about it but the developers are never going to change the code to make the life of governments easier and since code is law in this market then it does not matter, but more than ever I really think we need a DEX that works soon, so we can exchange our coins without having to use centralized parties.

Yes most people think opposite of the OP, so don't worry about it.
It is nice to hear it because most people are easily deceived and are ready to exchange their freedom for security as soon as they can, while bitcoin is the opposite, we are sacrificing some security when it comes to our coins in order to get unlimited freedom, this is why once you send your coins there is no way to get them back, you need to be completely sure of what you are doing and if you make a mistake no one can fix it for you.


Title: Re: Bitcoin must be regulated!
Post by: kadutz25 on August 26, 2018, 04:42:16 PM
If the system needs progress they must make improvements to the current market such as having other promotions to get more investors with market price manipulators now there is no guarantee that bitcoin market prices can recover and I think bitcoin cannot be controlled and controlled by anyone.


Title: Re: Bitcoin must be regulated!
Post by: robertsu on August 26, 2018, 04:47:16 PM
It just run its course. Very a lot followers of the independence cryptocurrency. Who don't want regulations, another people want to have regulation. Two minds have a extreme. The truth is out there in the middle. Regulation is possible but not always.


Title: Re: Bitcoin must be regulated!
Post by: roadwell890 on August 26, 2018, 04:51:24 PM
this is what makes BTC holders more alert,
because the main aspect of the existence of BTC and Blockchain is the decentralization of a financial system,
therefore, if BTC has an agency that intervenes in regulating the existence of this currency, it is feared that the transparency crisis on BTC will decrease and cause investors to run away


Title: Re: Bitcoin must be regulated!
Post by: eekkaa on August 26, 2018, 05:05:06 PM
I think bitcoin should not have regulation because bitcoin should be able to move without regulation, but there are some countries that need regulation for the circulation of bitcoin to get legality in the country.


Title: Re: Bitcoin must be regulated!
Post by: jonasnick46 on August 26, 2018, 05:11:10 PM
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.

Bitcoin is unique and no person, institution, government, banks and the even financial institution could make such haste to control it - because from the very first place it is impossible. The regulation is absurd because no one could be able to alter it since no one controls it.


Title: Re: Bitcoin must be regulated!
Post by: Zigzagkuy on August 26, 2018, 05:13:29 PM
I think Bitcoin is difficult to set. How can you manage bitcoin now because bitcoin is now very strong. And it will be difficult to control bitcoin. We can try to regulate bitcoin but I don't think it will do any good. Because once again, bitcoin will not be possible to regulate.


Title: Re: Bitcoin must be regulated!
Post by: Teawhalee on August 26, 2018, 05:37:33 PM
Everything needs regulation. It's not going to be sudden or instant. It will come gradually and everyone will embrace it. That's what I feel about it.


Title: Re: Bitcoin must be regulated!
Post by: Sectedmn on August 27, 2018, 11:22:57 AM
What policies will Bitcoin observe? Who will rule out the law of Bitcoin or cryptocurrency? there is speculation that the authorities will create a regulation on Bitcoin, what do you suspect?


Title: Re: Bitcoin must be regulated!
Post by: Joshercine on August 27, 2018, 12:52:08 PM
Bitcoin is and should be a subject to supply and demand. It's decentralisation won't allow any regulation to occour. If you are saying this only because the prices are down, you should chill out and wait a little more when they rise again.


Title: Re: Bitcoin must be regulated!
Post by: regadly on August 27, 2018, 03:31:23 PM
The adjustment is different. The main thing is that the rules were uniform for all. Anonymity and mass character will help wide use.


Title: Re: Bitcoin must be regulated!
Post by: Faroxx on August 27, 2018, 03:33:50 PM
I think the regulation of bitcoin is necessary, at least because it will give it confidence in the eyes of all doubting people.


Title: Re: Bitcoin must be regulated!
Post by: tranle1267 on August 27, 2018, 03:39:48 PM
i think bitcoin can not be regulated, because nobody hold enough bitcoin to control it, and there are no banks or organization behind it.


Title: Re: Bitcoin must be regulated!
Post by: Samaaliu on August 27, 2018, 03:44:15 PM
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.
Regulating the Bitcoin is not a must measure to save the market. People should just being scared unnecessarily.


Title: Re: Bitcoin must be regulated!
Post by: Lubang Bawah on August 27, 2018, 03:48:10 PM
It can be said that the influence of bitcoin globally is very strong, with a marketcap that reaches more than $ 120 billion, it is time for all countries to immediately make regulations, this is to avoid various problems that can occur someday.


Title: Re: Bitcoin must be regulated!
Post by: ERossin on August 27, 2018, 03:57:41 PM
I think the problem is money-laundering , drugs, weapons, terrorist financing terrorist . Those problems make governments worry about if we can have some regulations which can prevent those problems , I'm sure Bitcoin will become the safest and the most valuable asset in the world.


Title: Re: Bitcoin must be regulated!
Post by: Monsterkill21 on August 27, 2018, 04:04:49 PM
Regulation is a good thing for bitcoin and will increase adoption but I think Bitcoin can't be regulated because it's decentralised no one can control it.


Title: Re: Bitcoin must be regulated!
Post by: zarintasnim on August 27, 2018, 04:06:13 PM
Bitcoin is dijital currency and it avail modern technology blockchain system. Bitcoin is popular and world wide accept currency.Although Bitcoin is not regulated it is not a problem. If bitcoin regulated its a bonus for bitcoin user.


Title: Re: Bitcoin must be regulated!
Post by: Belliapro on August 28, 2018, 10:52:17 PM
I totally agree. We need a safe market. AML BitCoin rests on a privately regulated public blockchain that facilitates AML-KYC compliance and identifies criminals associated with illicit transactions while maintaining and strengthening the privacy protections for legitimate users.

I agree that in the end it will gradually eliminate anonymous features, in the free and global markets, there must be rules to take into account the use, otherwise bitcoin will be controlled by a handful of people who will become greedy in monopolizing the large capital prices they use anonymously.


Title: Re: Bitcoin must be regulated!
Post by: adjudicator on August 28, 2018, 10:58:49 PM
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.
Bitcoin has a lots of advantages than a fiat money, but the problem is that the government do not have any power to control bitcoin and there are some people that abuse the power on having bitcoin.


Title: Re: Bitcoin must be regulated!
Post by: South Park on August 29, 2018, 10:04:22 PM
this is what makes BTC holders more alert,
because the main aspect of the existence of BTC and Blockchain is the decentralization of a financial system,
therefore, if BTC has an agency that intervenes in regulating the existence of this currency, it is feared that the transparency crisis on BTC will decrease and cause investors to run away
We need to be very direct if at some point a regulatory centralized agency is created that has control over bitcoin and the blockchain then bitcoin is done for, and will need to use another cryptocurrency and try to avoid that the same happens to it, but if the government creates their own agency but if it doesn't have control over bitcoin and the blockchain then bitcoin is going to be still the best cryptocurrency around the world.


Title: Re: Bitcoin must be regulated!
Post by: awosesun on August 29, 2018, 10:51:16 PM
I know presently, many countries especially USA, trying all their possible best to regulation cryptocurency generally and not only bitcoin, which is very good to me base on some of the bad egg that are trying everyday to reap from where they didnt sow. But i think bitcoin doesn't need regulation in the first place because of the word crypto but for it's betterment and to make people believe in it, after crypto has been used to scammed people. So, it should be regilated.


Title: Re: Bitcoin must be regulated!
Post by: Zabzab9 on August 29, 2018, 11:09:26 PM
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.

Yeah indeed, it is important for us to know the persons behind this Bitcoin procedures; the inventors, developers, or the proponents. The stability of Bitcoin will be constant if the society understand the owners of the procedures.

Thus, I think it would be better if they allow the people to be part of the development. With that, the assurance of the long term procedures of Bitcoin will increase.


Title: Re: Bitcoin must be regulated!
Post by: jacksonhen on August 30, 2018, 02:23:14 AM
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.

It’s also difficult to regulate Bitcoin when, in actual fact, regulations vary from country to country. The only similarity may very well be those countries where cryptocurrency is banned or restricted. The issue of how it is classified also comes up again when looking at a global view of Bitcoin.

In an Investopedia article, a roundup of countries illustrates some of the varied regulations related to cryptocurrency. Here are some examples of the different regulations:

- Australia wants to tax cryptocurrency like other commercial transactions but is also cautious after security concerns from losses in 2013.
- Brazil has enacted a law about electronic currencies and payment systems, leading the way in evolving its regulations.
- Canada would like to tax Bitcoin but it is currently not recognized as legal tender so as no legal recognition.
- China restricts its use and does allow financial institutions to conduct any transactions using Bitcoin.
- The European Union has spent time debating the issue and has found some ways to tie a legal basis for Bitcoin to its existing laws, but the European Banking Authority is still against it until it becomes regulated.
- Finland has created specific instructions on how it can be used. It also has made any gains from these transactions subject to capital gains tax.
- India has shut down the country’s largest Bitcoin trading platform and currently has no regulatory framework for cryptocurrency.
- Russia restricts the use of Bitcoin and is concerned over its potential for use in money laundering or terrorist activities.
- The UK does not currently regulate cryptocurrency but does subject profits or losses on Bitcoin trading to capital gains tax while VAT is applied to any goods that are sold in exchange for this digital currency.

Many more countries are in similar places to these listed here, but these examples illustrate just how far apart the world is on reaching some type of agreement on regulations of Bitcoin.

Read More : https://www.huffingtonpost.com/john-rampton/why-bitcoin-is-not-regula_b_9458864.html



Title: Re: Bitcoin must be regulated!
Post by: BitcoinPanther on August 30, 2018, 02:36:15 AM
My apologies, but it feels you are relying on speculations that thrives among antagonist of bitcoin. The price manipulation you mentioned has no solid proof and remains a speculation til date. There might be strong indicators of such activities but none has been proven so far.  And i think with the current progress of bitcoin, the market will prove to show very soon that consumers does control the market.

But should bitcoin be regulated? I'd say why not. If that is the next best course of action to take place then i have nothing against it. You see, it is the system of transaction that bitcoin intended to decentralized and not authority itself. If regulation will add safety and security then we are all in for a better future of cryptocurrency.


Title: Re: Bitcoin must be regulated!
Post by: Soots on August 30, 2018, 03:02:43 AM
I agree with you, there must be an improvement from the Bitcoin development team so that new investors enter Bitcoin and stabilize the market, but to regulate Bitcoin I find it difficult because Bitcoin is decentralized, and its anonymity is an advantage that Bitcoin has.

For now if this is regulated it would be hard for those traders who earned lesser profit. While the value of bitcoin wasn't gaining yet it's not good to regulate due to small capabilities of earning better income. If Government will dominate the system, I don't think it will be fair for long time users of bitcoin. This must be reviewed so welk before implementing such regulations if it will provide better results or not.


Title: Re: Bitcoin must be regulated!
Post by: signup01 on August 30, 2018, 03:11:25 AM
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.
investors need to have confidence and patience so that it can make bitcoin continue to grow and become better than before if it disappears I don't think it will happen


Title: Re: Bitcoin must be regulated!
Post by: reisuke24 on August 30, 2018, 03:11:46 AM
government will make regulation about bitcoin, but just outside. and they must secure about people that join in bitcoin, because it is the features of bitcoin


Title: Re: Bitcoin must be regulated!
Post by: mornabo on August 30, 2018, 03:42:34 AM
I know presently, many countries especially USA, trying all their possible best to regulation cryptocurency generally and not only bitcoin, which is very good to me base on some of the bad egg that are trying everyday to reap from where they didnt sow. But i think bitcoin doesn't need regulation in the first place because of the word crypto but for it's betterment and to make people believe in it, after crypto has been used to scammed people. So, it should be regilated.
First regulation is not an obligation that must exist for bitcoin, the development of bitcoin and crypto will still run even without regulation.
I think regulation will only make bitcoin a centralization because they will certainly ask for the conditions for the legalization


Title: Re: Bitcoin must be regulated!
Post by: Alamin9884 on August 30, 2018, 08:07:22 AM
Bitcoin is decentralise & hence can't be control by an government or head of polity.
But i also want government not to embargo bitcoins special features.


Title: Re: Bitcoin must be regulated!
Post by: FreddieBennett213 on August 30, 2018, 08:33:58 AM
Bitcoin should be managed more strictly. There are many bad actions such as arms race, money laundering, terrorism when taking advantage of Bitcoin in such illegal activities. I think we need a law or regulation to control the cryptocurrency market.


Title: Re: Bitcoin must be regulated!
Post by: RBEP-RBC on August 30, 2018, 08:37:43 AM
Bitcoin should be managed more strictly. There are many bad actions such as arms race, money laundering, terrorism when taking advantage of Bitcoin in such illegal activities. I think we need a law or regulation to control the cryptocurrency market.

And so does the US Dollar, EUR, Yen, CNY, etc. Why aren't they managed more strictly?

Bitcoin was built to NOT be regulated. If you want more regulation in your financial life just own fiat.


Title: Re: Bitcoin must be regulated!
Post by: ricatop on August 30, 2018, 08:50:21 AM
if you adjust bitcoin, this means spitting in the face of its developer and the creator because it completely contradicts the idea of the creator


Title: Re: Bitcoin must be regulated!
Post by: Nanagyasi on August 30, 2018, 09:01:26 AM
I think in one way or the other we are stucked on between these two sides; whether or not some level of regulation will be good for crypto. Looking at the current trend of the market and for the fact that people believe the market is manipulated by some whales, then some level of regulation will be good for the market.


Title: Re: Bitcoin must be regulated!
Post by: TRUSTIES on August 30, 2018, 09:07:27 AM
Bitcoin can be contributed however can't be managed because of the way that it has its own particular rules.Many individuals have not found bitcoin yet and on the off chance that you control utilizing bitcoin,they will be unable to contribute moreover.


Title: Re: Bitcoin must be regulated!
Post by: moschinot on August 30, 2018, 09:36:09 AM
Only time will tell how long all this will last and for now all this is just guesses


Title: Re: Bitcoin must be regulated!
Post by: mr.nby on August 30, 2018, 10:58:46 AM
Bitcoin should be managed more strictly. There are many bad actions such as arms race, money laundering, terrorism when taking advantage of Bitcoin in such illegal activities. I think we need a law or regulation to control the cryptocurrency market.

Bitcoin does not need any regulation. This is why it was created for people to become independent of centralized financial forms imposed by banks and state institutions.


Title: Re: Bitcoin must be regulated!
Post by: Goodwin54 on August 30, 2018, 11:34:49 AM
Yes, I also think so, because if it go under regulation then the miss use of bitcoin and also the criminal activities related to bitcoin will going to end.


Title: Re: Bitcoin must be regulated!
Post by: FreddieBennett213 on August 30, 2018, 11:44:12 AM
Legally binding, Bitcoin has a place in the cryptocurrency market and investors. If set, it will resonate in the financial world.


Title: Re: Bitcoin must be regulated!
Post by: bitcoindusts on August 30, 2018, 01:33:13 PM
I don't see anything wrong with that should bitcoin be regulated. It's not really a threat per se.

Though it does feel that it somehow violates the primal design of bitcoin, i do believe that perhaps regulation will do good. With so much scam and negative feedbacks circulating around,  a regulation might help promote trust and confidence among investors.

Perhaps that is why there's a push for bitcoin etf. Perhaps being regulated by a governing authority in the financial industry will give it a much needed boost for stability.


Title: Re: Bitcoin must be regulated!
Post by: Am12345 on August 30, 2018, 01:35:13 PM
Sounds like the price drop has you scared a bit! No country/governmental entity could regulate Bitcoin itself. They are trying to, but the only thing they can do is regulate how you get Bitcoin. We've seen this already through KYC and various exchanges forcing this upon the users. But sorry, Bitcoin truly could not be regulated. There is no way for an entity to "turn off" Bitcoin like they do for the stock market when the price is collapsing. Don't even worry about the price, just hodl on. We will go lower in the short-term, but long-term is still very bullish.


Title: Re: Bitcoin must be regulated!
Post by: maichimoto on August 30, 2018, 01:40:43 PM
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.

Crypto doesn't have to be regulated. It can be regulated, but there is no vital need for that. The more people will be becoming fed up with centralized system, more they will incline towards using the p2p currencies.


Title: Re: Bitcoin must be regulated!
Post by: gwaposakon on August 30, 2018, 03:27:22 PM
if it will be regulated then it defeats the purpose why bitcoin was created in the first place. that is no regulation and decentralized. i don't how this would coincide with the idea of crypto but somehow their should be a way to counter scam in crypto.


Title: Re: Bitcoin must be regulated!
Post by: Fineyokoma on August 30, 2018, 04:26:20 PM
I think it is a great point of view. Huge money are invested into cryptocurrencies so investors want to be in safety. Of course the laws shouldn't be so strict because Bitcoin will lose its advantages


Title: Re: Bitcoin must be regulated!
Post by: South Park on August 31, 2018, 10:55:03 PM
I agree with you, there must be an improvement from the Bitcoin development team so that new investors enter Bitcoin and stabilize the market, but to regulate Bitcoin I find it difficult because Bitcoin is decentralized, and its anonymity is an advantage that Bitcoin has.
The development team is already the best in the world, so there is nothing to improve there, and you have a mistaken idea about what the investors are looking when investing in bitcoin, they are not looking to stabilize this market, anyone that has taken the time to observe bitcoin for a time knows that this is not the kind of market that you enter if you are looking for stability, this is the market that you enter if you are looking for volatility.


Title: Re: Bitcoin must be regulated!
Post by: Bitfling on September 01, 2018, 12:19:31 AM
Bitcoin dont need regulation from government. Bitcoin is decentralized cryptocurrency and store of value and the data store all around the world, and i think Government can not regulate bitcoin because of that, if government make regulation, its must be about trading because government want to collect taxes from it


Title: Re: Bitcoin must be regulated!
Post by: momoore1989 on September 01, 2018, 12:28:50 AM
The government has started to underestimate the value of Bitcoin and thinks that regulation is the best way to solve its issue. On the other side, the majority Blockchain developers do not approve the regulatory framework proposed by the government, as they think Blockchain will still reach to something significant in the long run.


Title: Re: Bitcoin must be regulated!
Post by: Diruy raya on September 01, 2018, 01:25:45 AM
bitcoin regular then except all government and also people so more advantages and it will more helpful for people.
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Menurut pendapat saya tentang masalah Bitcoin harus diatur,harus diatur tapi dalam aturan bitcoin itu sendiri,dalam bingkai aturan bitcoin itu sendiri,dan aturan tersebut dibuat oleh pengelola bitcoin itu tidak boleh campur tangan oleh  orang-orang yang tidak berkompoten, maka bitcoin perlu aturan  demi untuk perkembangan pada masa-masa yang akan datang yang lebih cemerlang dan untuk kenyamanan dalam betransaksi.


Title: Re: Bitcoin must be regulated!
Post by: Sebas.tian on September 01, 2018, 01:29:07 AM
I call BULL. If bitcoin is regulated, what happens to the freedom of being your "own bank" or the pseudo-anonimity that it offers? All of it will be taken away fron the community. Much better if the regulate centralized exchanges. Those folks do some shady stuffs that needed to be addressed.


Title: Re: Bitcoin must be regulated!
Post by: mansanas46 on September 01, 2018, 02:08:28 AM
I think there are already regulations that abide bitcoin. We are so very touched by our emotion and we don`t want something from this entity - government. If the government is a threat then why bitcoin had still never breach by the government. Imposing such regulations may never always negative, you may take a look, it will help more the activity of the people. We are not afraid of this, taxes, if we are not selfish. We should share our guts and not on winning against the government.
 
If bitcoin helped then why not open to all, if it is decentralized, why many people afraid of government`s interaction, if bitcoin value the technology, then it must be for all. We are divided by our thoughs - mostly, persons in this community are young. In the government side, there they have mostly old people. So, if in this society, young and old will be separated, what is the future of this world. And, time we always said, I will have my lambo, I can go to moon - for my future. So think, FUTURE, when? Its an implication we need to resolve on our simple decision of rivalry. We tend to destroy and separate where there is an alternative way - teamwork and acceptance.


Title: Re: Bitcoin must be regulated!
Post by: deli.mehmet1 on September 01, 2018, 02:36:32 AM
I think that Bitcoin and cryptocurrencies are waiting for a lot of regulation in the future. The government will try to control Bitcoin.
Of course the governments will try to control the bitcoin.Bitcoin's aim is to end the central banks, governments will not open their doors to this.


Title: Re: Bitcoin must be regulated!
Post by: OcTA Bd on September 01, 2018, 02:41:40 AM
Yes I also think so. If Bitcoin is regulated then the price flactuation may be less comparing with now. Bitcoin price is uncertain. As a result of which many person fears to invest is Bitcoin. But if this price range is regulated then it will attract people to invest money with less fear.


Title: Re: Bitcoin must be regulated!
Post by: Karakas on September 01, 2018, 03:42:54 AM
regulated is necessary, but as long as it is not detrimental to bitcoin users I think all bitcoin holders will agree with the government that tries to legalize this crypto currency


Title: Re: Bitcoin must be regulated!
Post by: indriyanti on September 01, 2018, 03:53:07 AM
I feel maybe you are right but it seems almost impossible to regulate bitcoin because bitcoin makes crypto's name sound all over the country. because Bitcoin is decentralized and therefore cannot be controlled by the government or head of state.


Title: Re: Bitcoin must be regulated!
Post by: Irfansyed on September 01, 2018, 04:03:17 AM
The ways that cryptocurrency will be taxed and used, of course, will depend on how they are seen. Mass adoption also requires clarity by the authorities at some extent. In many countries, the legal status of Bitcoin falls in the gray area and the authorities simply chose to ignore the movement of digital assets such as Bitcoin, because they do not see the volumes to have any meaning.


Title: Re: Bitcoin must be regulated!
Post by: DoublerHunter on September 01, 2018, 04:25:40 AM
It must be regulated in order for the countries to trust bitcoin and make their doubts disappear because bitcoin is a very decentralized cryptocurrency and the people are afraid of using or investing to it because they think that it is not safe and it is just a scam because the government doesn't recognize it as a good investment and they didn't regulate it.


Title: Re: Bitcoin must be regulated!
Post by: Daniwahyu007 on September 01, 2018, 04:43:32 AM
In the words of JayJuanGee - Get the fuck outta here.

Everything in that OP is utter bull shit, you don’t even know how bitcoin was intended to be used. Centralization was not Satoshi’s vision. Bitcoin should not & will not be regulated.
  it's true that bitcoin is decentralized and doesn't want to be governed by anything or the government at once


Title: Re: Bitcoin must be regulated!
Post by: jjacob on September 01, 2018, 04:50:11 AM
I don't see anything wrong with that should bitcoin be regulated. It's not really a threat per se.

Though it does feel that it somehow violates the primal design of bitcoin, i do believe that perhaps regulation will do good. With so much scam and negative feedbacks circulating around,  a regulation might help promote trust and confidence among investors.

Perhaps that is why there's a push for bitcoin etf. Perhaps being regulated by a governing authority in the financial industry will give it a much needed boost for stability.

Most people do not advocate regulation because they feel Bitcoin is a threat. They advocate regulation because they feel regulations can give legitimacy to bitcoin and bring in new investors. It is however important that regulation is light-touch and does not throttle innovation


Title: Re: Bitcoin must be regulated!
Post by: Ojengonggu on September 01, 2018, 04:58:17 AM
I think giving rules in bitcoin transactions may be limited to security and convenience in transactions and positive values when giving rules or laws about bitcoin transactions, applied in a country, this will be a fresh breeze for bitcoin and people who invest in that country


Title: Re: Bitcoin must be regulated!
Post by: Ayomiqueen on September 01, 2018, 04:58:48 AM
This really show you understand how Bitcoin works and for your information bitcoin does not need any form of regulation  whatsoever.

Your thinking that what we holding does not have value simply show how weak you still are in crypto space, and this is another FUD if I must say and we don't appreciate that here because this forum is mainly for promoting Bitcoin and cryptocurrency as a whole and please if you don't understand how this works , you can always read many post here to learn more and never compare Bitcoin with centralized fiat because Bitcoin can never be regulated by any one and it's value will keep appreciating .


Title: Re: Bitcoin must be regulated!
Post by: metvloz69 on September 01, 2018, 05:07:24 AM
I see this is a real needs to be required but with a valid lách the user lll do not want to such.Và if you want to set the ai that will be do ai? Show this time of most they are do not resolve in short time. Need for more known in the bitcoin activity activity. Value of bitcoin does not depend on the extra elements that are still increment per day.


Title: Re: Bitcoin must be regulated!
Post by: jonaire99 on September 01, 2018, 06:05:59 AM
I think that Bitcoin and cryptocurrencies are waiting for a lot of regulation in the future. The government will try to control Bitcoin.
Of course the governments will try to control the bitcoin.Bitcoin's aim is to end the central banks, governments will not open their doors to this.


Most of the government wants to regulate use of bitcoin but not the bitcoin itself. This regulations involves the transactions in cryptocurrency exchanges and monitor the flow of the coins so they can easily find if it use legally or illegally. The aim of regulation is to monitor and stop some individuals in using the the virtual coins from illegal uses like scam and money laundering.


Title: Re: Bitcoin must be regulated!
Post by: pareshnakar on September 01, 2018, 06:09:35 AM
now many country know that bitcoin so it is world wide famous but some country yet dont know bitcoin so some time after every country know so bitcoin some time after regulated.


Title: Re: Bitcoin must be regulated!
Post by: ailyn47 on September 01, 2018, 06:18:26 AM
I think it is not necessary to regulate the market of cryptocurrency because if we would try to look on the market, it has something that deals with the so called "trust". This trust is very important and as we know, government is the threat of this industry - some sort of regulations that might influence the market (such as tax, new laws, controls and organizations).


Title: Re: Bitcoin must be regulated!
Post by: bitfocus on September 01, 2018, 07:08:20 AM
either you dont know what bitcoin is, or some one is paying you per comment by others on such stupid post.


Title: Re: Bitcoin must be regulated!
Post by: NicoleMorgan764 on September 01, 2018, 07:17:50 AM
Bitcoin regulation is government dependent. If Bitcoin's problems touch the nation's interests, Bitcoin will be bound.


Title: Re: Bitcoin must be regulated!
Post by: A7373 on September 01, 2018, 07:26:42 AM
I believe that this is the main problem for today. Manipulation can seriously damages bitcoin and alarm investors who are worried about their assets.


Title: Re: Bitcoin must be regulated!
Post by: tunapa on September 01, 2018, 07:45:30 AM
firstly this is a free market and everyone handlles his trade and investment except otherwise. regulation is not only for bitcoin, its for every coin. this can only help to safe gaurd invesors to some levels and not stop the price from dipping or rising. regulations wont stop investors from selling. so its not a matter of regulation, its a point of knowing how to play the game.


Title: Re: Bitcoin must be regulated!
Post by: chopperchopper on September 01, 2018, 07:59:06 AM
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.

Bitcoin is indeed need to be regulated. Since it has the potential to be the greatest invention of this era, the regulation make it more reliable for the society. It also maintain its capability to live long in the internet since we all know the capacity of crimes in the digital society. However, the regulation should allow the necessity of the user.


Title: Re: Bitcoin must be regulated!
Post by: Kris34 on September 01, 2018, 08:33:05 AM
Of course, somebody should regulate bitcoin, but it should not be politics, it should be a separate organization that is not interested in politics.


Title: Re: Bitcoin must be regulated!
Post by: Buttermellow on September 01, 2018, 08:39:01 AM
If they accept bitcoin and bitcoin are regulated then bitcoin will of course be accepted by the government and we will have plans and policies for longer term bitcoin investment.
Yeah but i do not think that the owner of the bitcoin will going to approve this becaue if it will be controlled by a third party then there is a possibility that they will owe a money from the investors or the contributors. Who knows that the money we invested is still there or maybe it is already invested on something else. They will going to pay if there is really no money now with bitcoin.


Title: Re: Bitcoin must be regulated!
Post by: Akenosi on September 01, 2018, 10:16:23 AM
The best thing that can happen when it comes to bitcoin is for the central unit powering the programming is to be able to detect scam,i.e monitoring the numbers of people investing or trading bitcoin,but regulating bitcoin I don't think that can be possible because its not own or controlled by anybody or the government.


Title: Re: Bitcoin must be regulated!
Post by: Ausgewielt on September 01, 2018, 10:41:23 AM
It's hard to apply any regulations for bitcoin as it's provide complete anonimity, so although regulations is created but bitcoin users always can avoid that. I think good regulations is needed, it can makes investors feel safer.


Title: Re: Bitcoin must be regulated!
Post by: trauchot on September 01, 2018, 10:46:24 AM
On the one hand I agree with this, then the bitcoin price will not so sharply fall and grow, but it will also lead to the fact that governments will be able to see your transactions and all your data, which can lead to problems if you have any problems with the government of your country. But also if you will invest your funds in companies related to bitlcoin and you will lose your investments, the government will help you get your money back, because they will take taxes from your transactions.


Title: Re: Bitcoin must be regulated!
Post by: iqlimasyadiqa on September 01, 2018, 10:49:10 AM
Bitcoin must get a regulation because when Bitcoin gets regulation, the level of trust in the digital currency will improve. As we know that there are still many people who have not been able to accept the development of digital currencies well, but when there is a regulation, everyone will be easier to use and understand digital currencies in the life of financial transactions every day.


Title: Re: Bitcoin must be regulated!
Post by: BestBoardroom36 on September 01, 2018, 10:52:51 AM
Not agree with you and after reading your article I just understand that you know nothing about crypto and bitcoin and also blockchain technology.


Title: Re: Bitcoin must be regulated!
Post by: cetald on September 01, 2018, 10:55:21 AM
I did not quite understand what the author is talking about, but bitcoin needs regulation. This will give a new influx of fresh money into the cryptocurrency market. Otherwise, most people will not enter the cryptocurrency market, as they are afraid.


Title: Re: Bitcoin must be regulated!
Post by: BryanRoseWalker on September 01, 2018, 11:12:33 AM
regulation is still limited to KYC / AML, I am sure the government has not been able to make strong regulations and they are still preparing it very carefully, nothing can be fully regulated in the online world because there are always gaps that cannot be regulated 100%.

But if bitcoin is indeed desired to join a business that is connected with the government, then it cannot continue to run independently, I agree with the op in this matter.


Title: Re: Bitcoin must be regulated!
Post by: Thecryptocurrency09 on September 01, 2018, 11:30:50 AM
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.

Ever since I started to enter bitcoin, I have watched how it actually grow and begin to be internationally patronised in different countries. In my opinion, I do not think bitcoin regulation is necessary. I mean, for a this past few years bitcoin can stand alone and so doesni believe for this coming years it can still do the same.


Title: Re: Bitcoin must be regulated!
Post by: Elips1 on September 01, 2018, 12:10:26 PM
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.
Cryptocurrency has become one of the most sought topics of all around the world. Regulation and government interference is certainly the biggest challenge facing cryptocurrency today.Peraonally,I'm totally support of regulation of Bitcoin because Regulation is a good thing for bitcoin and will increase adoption.


Title: Re: Bitcoin must be regulated!
Post by: kniheant on September 01, 2018, 01:33:58 PM
i think if it can be regulated by security and exchange commissions as part of regulations in the stock and fx market, then bitcoins can become a  mainstream investment asset.


Title: Re: Bitcoin must be regulated!
Post by: Perkovic on September 01, 2018, 01:35:39 PM
I do not agree that bitcoin needs to be regulated all its charm in that it just is decentralized and is not regulated by any of the governing bodies


Title: Re: Bitcoin must be regulated!
Post by: virendarnagpal on September 01, 2018, 03:54:21 PM
Actually bitcoin was not created for investment purpose.  It was created just for transactions.  But we people cheated it's main objective.  And started taking advantage by making it as investment source.
And the prices were pushed up to 20k in 2017.  Many new investors because of their greed to become rich overnight; entered this market when the prices were  very much high.  So naturally when the bulls withdrew themselves from the market the prices fell to the ground. 
It is not the fault of bitcoin.
Also it's very nature is it's freedom.  In can not be controlled. 
Governments are trying to control it.  But they can control when we buy it using fiat currency via Banks.  Otherwise if are are already holding bitcoin they can not stop it's usage i.e. they can not stop buy services and goods via bitcoin.


Title: Re: Bitcoin must be regulated!
Post by: skisport92 on September 01, 2018, 04:19:14 PM
what are you going to do if he's going to govern? the whole market is tied to speculation, and we make money on it


Title: Re: Bitcoin must be regulated!
Post by: LOVEUMUM on September 01, 2018, 04:21:52 PM
For simple and short buddy no single individual can regulate bitcoin. Many have tried but remains fruitless. No matter what happens the supply and demand of bitcoin will vindicate its regulation and nothings else.


Title: Re: Bitcoin must be regulated!
Post by: medussa on September 01, 2018, 04:22:05 PM
Regulating bitcoin makes no sense to me, there is nothing to be regulated, transactions are initiated by individual, does not need a body to confirm it, generating new bitcoins are also done independently


Title: Re: Bitcoin must be regulated!
Post by: medussa on September 01, 2018, 04:25:32 PM
I believe bitcoin can not be regulated because nobody can control it. Bitcoin is decentralized cryptocurrency. If it is regulated then it lost its basic core principle.
we do not need another centrally controlled entity as fiats, bitcoin is meant to provide alternative means of payment, peer-to-peer,without borders


Title: Re: Bitcoin must be regulated!
Post by: delightme on September 01, 2018, 05:19:50 PM
All outside trade courses through banks or money houses, Once the stream of fiat to crypto and the other way around is overwhelmingly through trades, it will be less demanding to battle illegal conduct and guarantee assess is paid. Notwithstanding, for that the happen we first need banks to open records for trades.


Title: Re: Bitcoin must be regulated!
Post by: ExpediteStyle201 on September 01, 2018, 05:50:41 PM
Before answring this question I must say you should learn about bitcoin and blockchain system and I believe after that you can not say this any more.


Title: Re: Bitcoin must be regulated!
Post by: Leadership58 on September 01, 2018, 06:15:47 PM
Yes, I also think so, because without regulation the illegal use and scamming can never be stop and we will always become harmful.


Title: Re: Bitcoin must be regulated!
Post by: GabrielBrandon on September 01, 2018, 06:55:14 PM
There are a lot of advantages and also disadvantages too if bitcoin go under regulation and the worst part is if it become regulated then government can imposed tax on it.


Title: Re: Bitcoin must be regulated!
Post by: Vickyrichy on September 01, 2018, 08:45:10 PM
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.
I feel sad you feel this way. I believe you should some time to do some research on bitcoin and cryptocurrency as whole. The basic ideology behind bitcoin and cryptocurrencies is decentralization. Please a little research will help you understand cryptocurrency.


Title: Re: Bitcoin must be regulated!
Post by: Sarastiche on September 01, 2018, 08:53:01 PM
Regulations is the hallmark that add value to individual and organization, I believe for Bitcoin to retain  it's value and standard regulations will tend to give trust for more investors to come into the community and reduce scammers in the space.


Title: Re: Bitcoin must be regulated!
Post by: Elerntta on September 01, 2018, 09:11:35 PM
I understand that your intentions are good, but unfortunately or fortunately, bitcoin regulation is impossible. It goes against his idea.


Title: Re: Bitcoin must be regulated!
Post by: WebTera on September 01, 2018, 09:30:16 PM
Bitcoin regulation will simply kill its uniqueness. It was because of his independence from anything that people took him so passionately. This is the key to his success.


Title: Re: Bitcoin must be regulated!
Post by: bitvelk on September 01, 2018, 09:36:27 PM
It seems to me that bitcoin will be able to actively and safely exist without regulation. Because the national audit office will lead to a lot of problems for the technology itself and for investors.


Title: Re: Bitcoin must be regulated!
Post by: melallgarant2015 on September 01, 2018, 09:39:34 PM
be sure


Title: Re: Bitcoin must be regulated!
Post by: Nanacoin on September 01, 2018, 09:40:09 PM
Errrrrrrrm you have a point. I think if bitcoin and its activities can be monitored and regulated, there will be little to no issue of fraud, theft, scams and the other illegal activities that are related to the currency


Title: Re: Bitcoin must be regulated!
Post by: Tramle091296 on September 01, 2018, 10:32:27 PM
I think your not fully educated on the bitcoin because of the kinds of words what you said.  dont be the one whos investing bitcoin because of the highest current price. try to research something and give your self knowledge. ang you should learn that bitcoin is so simple. Any body cant own all of the bitcoins and be right behind it. and Anybody cant control it that what bitcoin is.





Title: Re: Bitcoin must be regulated!
Post by: chaoscoinz on September 01, 2018, 10:46:13 PM
The regulations will happen, it was never a matter of "if", but "when". The market isn't necessarily a black one, but it's not necessarily an official one either. This is where regulators come in. Hopefully, without impeding innovation, a compromise will be made between parliament and crypto, one that guides investors safely without being too overbearing.
    I think blockchain is the future, it is in high demand. Of the market is to ever be a fair one, without major price manipulation, then some bit of regulation is neccessary. Think about how a vaccine works, they usually put a little bit of the ailment into it, in which they seek to cure. When injected, the body adapts and forms natural antibodies to the disease.
     A little bit of regulation is good for the entire body of the crypto scene. We need just enough to build up a strong compliant foundation, because too little of it will result in chaos and too much of it will result in anarchy.


Title: Re: Bitcoin must be regulated!
Post by: Iceblast on September 01, 2018, 10:48:35 PM
I think your not fully educated on the bitcoin because of the kinds of words what you said.  dont be the one whos investing bitcoin because of the highest current price. try to research something and give your self knowledge. ang you should learn that bitcoin is so simple. Any body cant own all of the bitcoins and be right behind it. and Anybody cant control it that what bitcoin is.




I agree that if anyone can't control bitcoin, bitcoin is simple but to be able to see bitcoin has a good effect it is necessary to do research and rules. I see if to manage bitcoin it still can't be maximized and there is no specific body or regulation for bitcoin.


Title: Re: Bitcoin must be regulated!
Post by: PlusOne88 on September 01, 2018, 10:57:24 PM
You really don't have to worry that much. It is far from happening. While it is true that it might end up with no value it all but the utility gives always gives it. So for as long as it is used it will always stay with a value. It is even possible thay any exchange within a country may even buy bitcoin and used it as a payment method and set their own prices for its usage separately from the rest of the world for as long as the blockchain will still be working and that there will still be users to utilize it such that the exchanges still gains from it.  It is not now yet so don't worry.


Title: Re: Bitcoin must be regulated!
Post by: taguig on September 01, 2018, 11:28:51 PM
You are very disappointed on Bitcoin that you want it regulated, Bitcoin was created a decentralized cryptocurrency, something that you missed, you should go back to reading more on Bitcoin and cryptocurrency, we cannot have it totally regulated it will ruin its decentralization system


Title: Re: Bitcoin must be regulated!
Post by: altercreed on September 01, 2018, 11:45:31 PM
News about people being scammed through cryptos is almost everywhere and as bitcoin become increasingly famous and utilized by most people, governments are also alarmed as they know the potential of bitcoin and its effect to the their economic status and regulating it may somehow alleviate the scam projects around.


Title: Re: Bitcoin must be regulated!
Post by: Sanu Simon on September 01, 2018, 11:51:07 PM
In a research made by an university it is mentioned about the need of regulation for the success of cryptocurrency. To me, regulation leads bitcoin to be under control. This means there will be governments or other authorities that try to manipulate the market according to their necessity making it worse.


Title: Re: Bitcoin must be regulated!
Post by: Cryptoville247 on September 01, 2018, 11:51:16 PM
I don't want to support the regulation of Bitcoin. It is better it remains unregulated and decentralized. I would prefer ICOs regulation instead of Bitcoin regulation.


Title: Re: Bitcoin must be regulated!
Post by: adadaorlina on September 02, 2018, 12:09:05 AM
Regulation and government interference is certainly the biggest challenge facing cryptocurrency today. Personally, I'm totally support of regulation of Bitcoin because Regulation is a good thing for bitcoin and will increase adoption. I believe for Bitcoin to retain  it's value and standard regulations will tend to give trust for more investors to come into the community and reduce scammers in the space.


Title: Re: Bitcoin must be regulated!
Post by: billygarrison on September 02, 2018, 12:12:15 AM
don't think negatively about bitcoin lol ...! Mr. Satoshi makes bitcoin for digital money and not for investment, and I hope you understand what I think.


Title: Re: Bitcoin must be regulated!
Post by: Hiru941126 on September 02, 2018, 12:17:32 AM
The basic principle from the invention of Bitcoin is its decentralized feature. It is bad if we wish to destroy its fundamentals.


Title: Re: Bitcoin must be regulated!
Post by: South Park on September 02, 2018, 12:21:00 AM
I call BULL. If bitcoin is regulated, what happens to the freedom of being your "own bank" or the pseudo-anonimity that it offers? All of it will be taken away fron the community. Much better if the regulate centralized exchanges. Those folks do some shady stuffs that needed to be addressed.
True, but many people are not here for the philosophical aspects of bitcoin, they only care about the money and that is why they want bitcoin to become nothing more than another form of fiat, we must resist those desires to change bitcoin to something that is not because if you think that things are bad right now I am sure that once that bitcoin becomes widely adopted things are going to get even worse.


Title: Re: Bitcoin must be regulated!
Post by: princeyeboah on September 02, 2018, 12:21:07 AM
Bitcoin undergoing regulation can only mean onething, thus shifting from a decentralized mode to a centralized mode. The governments are in for just the power behind Bitcoin and once they are allowed to regulate it, Bitcoin will be manipulated to suit their own gains.


Title: Re: Bitcoin must be regulated!
Post by: oni4an on September 02, 2018, 05:45:18 PM
Are you sure you got the cryptocurrency? It is impossible to control Bitcoin, manage it and regulate it. You need to be patient because Bitcoin will grow in any case. Just wait a little.


Title: Re: Bitcoin must be regulated!
Post by: Crypto11021 on September 02, 2018, 06:00:52 PM
Hmmmm, it seems this dude don't understand what Bitcoin is and the solution it tends to proffer to the world, I always tell people to understand the concept of Bitcoin and blockchain before jumping into Bitcoin, I guess you are just looking the Bitcoin price and thought you can make quick buck outa it, it doesn't work that way you need to go and read Bitcoin whitepaper.


Title: Re: Bitcoin must be regulated!
Post by: vin22 on September 02, 2018, 06:01:45 PM
Hmm.  You might be right but come to think of it what ever you do today always have a disadvantages because  if government come to regulate the price of BTC it will be at the disadvantages of the investors.  They will choose how and when the price will rise and rhwThe limit in which it can only reach with this the dead of it will be in the corner.. So for me I don't think it is a good idea to do that.


Title: Re: Bitcoin must be regulated!
Post by: robertsu on September 02, 2018, 07:05:13 PM
Yes, I also think so, because without regulation the illegal use and scamming can never be stop and we will always become harmful.
If bitcoin to  start a regulate, what will be a difference Bitcoin of usually currencies? The blockchain? Maybe but then anonymity will be a  lost. Are you ready to sacrifice it? For me freedom have a highest value.


Title: Re: Bitcoin must be regulated!
Post by: teamspike911 on September 02, 2018, 07:17:08 PM
Lol. And what is the general meaning of bitcoin then? This is his main advantage. It turns out that you can do just digital state money ... why is bitcoin for this.


Title: Re: Bitcoin must be regulated!
Post by: Winkletoss on September 02, 2018, 07:32:52 PM
To be able to control it would be good but It will always mainly be controlled by itself. The whole point of this.


Title: Re: Bitcoin must be regulated!
Post by: maksimukr1989 on September 02, 2018, 07:50:37 PM
I think the invented technology is hardly created only to milking investors.In fact, its goals are much higher and cleaner


Title: Re: Bitcoin must be regulated!
Post by: Jackolantern on September 02, 2018, 08:07:52 PM
I think that btc is the best coin and it doesn't require any kind of regulation. to my mind, it is better to use btc because it is the best coin ever and you will be able to regulate it only if the government decides to do this


Title: Re: Bitcoin must be regulated!
Post by: teejayrichard2 on September 02, 2018, 10:31:54 PM
you right, bitcoin must be regulated if we truly want bitcoin to stand firm. the reason why so many countries still kick against the use of bitcoin is because it is not being regulated and so makes it prone to manipulation but i believe once it is regulated, we will see investors openly troop in


Title: Re: Bitcoin must be regulated!
Post by: goldSkylark on September 03, 2018, 02:44:57 AM
you right, bitcoin must be regulated if we truly want bitcoin to stand firm. the reason why so many countries still kick against the use of bitcoin is because it is not being regulated and so makes it prone to manipulation but i believe once it is regulated, we will see investors openly troop in

Regulation will not only help increase confidence in bitcoin as an investment, but more importantly, as a digital currency. If people started to trust bitcoin more, we could all start using it until it replaces fiat. What do you think?


Title: Re: Bitcoin must be regulated!
Post by: rafi035 on September 03, 2018, 02:52:34 AM
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.
government cooperation with bitcoin is very much needed if the government monitors or regulates bitcoin makes it easy to invest and the development of bitcoin why not


Title: Re: Bitcoin must be regulated!
Post by: BLAST2MARS on September 03, 2018, 03:08:13 AM
I know that the time will come and that thing that you wish will happen my friend. There are so much scammers and online investments and only regulation will make a drastic change to that. There are also criminals on the darkweb that I'm so disgusted that uses crypto to do their evil deeds.


Title: Re: Bitcoin must be regulated!
Post by: nikki4 on September 03, 2018, 03:13:05 AM
For me, I want to stay Bitcoin what it is really is. I don't want the Bitcoin to be regulated of anyone or even the government. I want the government to remain a decentralized and anonymous as it is from the beginning. I know that there are some other people just like me to not make the Bitcoin be regulated or in controlled over.


Title: Re: Bitcoin must be regulated!
Post by: Anam313 on September 03, 2018, 03:53:02 AM
I would say the market will be able to recover when they hype comes back and the great buying volume comes back again. Then the whales would also follow the hype. We dont have to worry too much.


Title: Re: Bitcoin must be regulated!
Post by: lorapalmer on September 03, 2018, 04:23:13 AM
It is a bit a tricky question about how bitcoin can be regulated as it is almost impossible to track it. So there are some pros and cons to any situation. Here basically you pay for the privacy of the transactions and operations with the absence or limited regulations.


Title: Re: Bitcoin must be regulated!
Post by: South Park on September 03, 2018, 09:24:05 PM
Bitcoin undergoing regulation can only mean onething, thus shifting from a decentralized mode to a centralized mode. The governments are in for just the power behind Bitcoin and once they are allowed to regulate it, Bitcoin will be manipulated to suit their own gains.
But what governments do not see is that if they do that and they get to regulate bitcoin then we're just going to abandon bitcoin and adopt another coin, so this market cannot be really destroyed by them because whatever tactic they use to destroy bitcoin or to take over it will show their hand and a developer will be able to create another coin resistant to those methods.


Title: Re: Bitcoin must be regulated!
Post by: Bonsaiav on September 03, 2018, 09:52:13 PM
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.

I think the rules that you mean will only leave a number of problems for the development of bitcoin itself and also for its users. Supposedly, if you doubt the popularity of bitcoin, why should you invest in bitcoin? ... In my opinion, people like you are not worth investing in bitcoin, because you are someone who doesn't understand the performance of bitcoin.


Title: Re: Bitcoin must be regulated!
Post by: stayeduptolate on September 05, 2018, 06:18:04 PM
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.
We all are aware with this fact that bitcoin is a decentralised crypto currency and thus there is no such proper authentic regulating body over the bitcoin who could keep eye over all the bitcoin activities and I think this weakness of bitcoin is misused by some social defaulters and they use in it some illegal activities like in selling drugs, explosives, money laundering and many more and thus in order to stop this illegal use of bitcoin, bitcoin needs to be get regulated and this could be only possible when bitcoin will get legalised all over the world.


Title: Re: Bitcoin must be regulated!
Post by: Sandijoee on September 05, 2018, 06:35:57 PM
I agree with you, bitcoin must be regulated so that bitcoin is legal in all countries or accepted by all countries. And that might make the name bitcoin good and might make the price of bitcoin rise. ;D


Title: Re: Bitcoin must be regulated!
Post by: seoincorporation on September 05, 2018, 06:42:48 PM
You all should read the white paper of bitcoin, there Satoshi describe a decentralized form of payment that would allow the community to govern itself autonomously and without heirarchy.

No one can regulate bitcoin because it have it's own rules... Maybe some goverment's with hide transactions taxes with 'regulation', but they will not have the power over bitcoin.

Let me share some sources with you guys, maybe you learn something about Bitcoin:

https://bitcoinmagazine.com/articles/bitcoin-truly-decentralized-yes-important-1421967133/
https://cryptoiscoming.com/is-bitcoin-decentralized/


Title: Re: Bitcoin must be regulated!
Post by: dilemamis on September 05, 2018, 06:49:29 PM
Bitcoin must get regulations because when Bitcoin gets regulation, the level of trust in digital currency will increase. As we know that there are still many people who have not been able to accept the development of digital currencies well, but when there are regulations, everyone will be easier to use and understand digital currencies.


Title: Re: Bitcoin must be regulated!
Post by: alexgreen8012 on September 05, 2018, 06:57:38 PM
Bitcoin regulation is required as governments are afraid that it can be used for illegal activities. If its regulated it will help in mass adoption and this in turn will increase the prices.


Title: Re: Bitcoin must be regulated!
Post by: SventraPapere on September 05, 2018, 07:05:17 PM
Good thoughts.Support and promotion of course is not enough.We are ready not to throw bitcoin, if this is primarily interested in the creators.We need to unite and work together on development.And if the bitcoin team is only interested in collecting funds without further development...then alas we shall be powerless of the Lord.It is necessary to correct a situation now.


Title: Re: Bitcoin must be regulated!
Post by: Offece on September 06, 2018, 10:34:18 AM
I assume it is a outstanding point of view. big money are invested into cryptocurrencies so investors need to be in protection. Of route the legal guidelines shouldn't be so strict due to the fact Bitcoin will lose its benefits


Title: Re: Bitcoin must be regulated!
Post by: South Park on September 06, 2018, 06:12:03 PM
I agree with you, bitcoin must be regulated so that bitcoin is legal in all countries or accepted by all countries. And that might make the name bitcoin good and might make the price of bitcoin rise. ;D
Another regulator, you don't understand not everything is about the price, the reason bitcoin has any value at all is because of its uncompromising characteristics, if you took away one of those characteristics bitcoin will become worthless, we cannot compromise it is clear that governments want to regulate bitcoin and if they want they can do it but that regulation cannot be put in the code or everything is over.


Title: Re: Bitcoin must be regulated!
Post by: Saldom12 on September 06, 2018, 06:14:00 PM
I think it's good, if bitcoin can be regulated I think all countries will be able to accept bitcoin. But it's very difficult because bitcoin is difficult to manage.


Title: Re: Bitcoin must be regulated!
Post by: wiro 212 on September 06, 2018, 06:15:40 PM
Bitcoin cannot be set because it is anonymous and will remain like this, I think because anonymous bitcoin is preferred rather than having to be regulated.


Title: Re: Bitcoin must be regulated!
Post by: Soneo on September 06, 2018, 06:32:51 PM
I know presently, many countries especially USA, trying all their possible best to regulation cryptocurency generally and not only bitcoin, which is very good to me base on some of the bad egg that are trying everyday to reap from where they didnt sow. But i think bitcoin doesn't need regulation in the first place because of the word crypto but for it's betterment and to make people believe in it, after crypto has been used to scammed people. So, it should be regilated.



So, what are you talking about setting up bitcoin? Do you really know what bitcoin is?How much bitcoin do you invest and why is it lost, if there is one?Return to base buds.
if you don't want to risk investing in bitcoin then you should not invest.


Title: Re: Bitcoin must be regulated!
Post by: xbossJ on September 06, 2018, 07:00:46 PM
Its not going to be easy walking the rope of regulation when it comes to bitcoin or cryptocurrencies as a whole. But it would be easy to regulate exchanges if they aren't decentralized! The only thing causing problems for the technology is the ICOs, although the technology was provided to make things easy for all of us in terms of funding of beautiful ideas which hitherto banks hardly paid attention to. A lot of bad eggs are turning this freedom into something of a death sentence for investors.! if we want to regulate bitcoin or other cryptocurrencies, we need features on blockchains that lockdown addresses suspected of moving funds that don't have valid sources,  addresses that have suspicious activities, but this takes away all the freedom for which the technology is loved in the first instance. Its possible but it would depend on what we redefine blockchain to mean! some freedom has to be taken away to stamp out bad eggs.


Title: Re: Bitcoin must be regulated!
Post by: MrRiuss on September 06, 2018, 07:15:14 PM
we cant regulated bitcoin itself, but we can make a regulation about such as transaction of bitcoin in the real life.


Title: Re: Bitcoin must be regulated!
Post by: Supremacy1 on September 06, 2018, 07:22:15 PM
Well I didn't doubt it , it will only makes it acceptable by the government and leads to expansion of it usages all over the world


Title: Re: Bitcoin must be regulated!
Post by: hsyncl on September 06, 2018, 07:41:42 PM
I always left when I had to be regulated in terms of security. But I can not make sense because of this issue, especially if governments do not recognize bitcoin. Because people are able to smuggle drugs on the counter side in the normal currencies.


Title: Re: Bitcoin must be regulated!
Post by: evilsign on September 06, 2018, 08:00:07 PM
I think that makes the price of bitcoin chaotic and in the opinion of some people it is a bubble is those who have just entered the world of bitcoin and suffered losses, or fear and worry about their assets so they will spread FUD which will indirectly affect the psychology of other traders.


Title: Re: Bitcoin must be regulated!
Post by: Gabb on September 06, 2018, 08:19:52 PM
It is truly shameful that someone who does not have the slightest idea of everything that involves the concept of bitcoin as OP, feels with the urgency that the authorities intervene in the cryptonuniverse to prevent the greedy newbies from losing their money.

In fact, the blockchain technology is in the process of mass adoption and is already offering intelligent solutions to real problems, and no one can question the usefulness and necessity of this technology. The secondary fact that some speculators try to make money with it has nothing to do with this technology, so OP you should assume the consequences of your ambition without screaming for your losses.


Title: Re: Bitcoin must be regulated!
Post by: taeewo on September 06, 2018, 08:30:54 PM
Yes regulations is needed and its not only for bitcoin, it should be cryptocurrency in general as it will make more investors to have confidence and believe in Crypto.


Title: Re: Bitcoin must be regulated!
Post by: bits4books on September 06, 2018, 08:35:45 PM
We need really fresh and Wise Minds to do that because otherwise those old and silly guys would take on bitcoin and try to regulated I think they will at least be an obstacle for it.


Title: Re: Bitcoin must be regulated!
Post by: cryptogayan98 on September 06, 2018, 11:31:36 PM
I do not think so. As a country, the government in the country grants approval for bitcoin. bitcoin is a trustworthy coin. Nor is this a gamble or a fraud. This is a coin showing success. What should such a coin be controlled?Such a coin allows people to earn a big profit. As a country, in such a coin, it is important for the country and for large economies. The government does not want to control this. They must confirm the bitcoin in the country. Otherwise, even investors are not willing to invest here.


Title: Re: Bitcoin must be regulated!
Post by: White Christmas on September 06, 2018, 11:36:06 PM
Well I didn't doubt it , it will only makes it acceptable by the government and leads to expansion of it usages all over the world
I dont think if it was a good idea to be regulate bitcoin. Because once it has a regulation in bitcoin it means that government has access on it. Its like they have the power to control and manipulate everything. It will be centralized once it happen. It still better if bitcoin will remain decentralized so that anyone cant control it.


Title: Re: Bitcoin must be regulated!
Post by: jpnl0006 on September 06, 2018, 11:39:10 PM
bitcoin cannot be regulated as the protocol was not designed to accept interferences such as regulations by agencies or international organisations as the regular conventional bank would. it was made to make people feel independent of certain things and also loads of evil deeds in terms of corruption. it must not be regulated.


Title: Re: Bitcoin must be regulated!
Post by: mensahkkofie on September 06, 2018, 11:43:38 PM
The system on which bitcoin runs is so decentralized, it would certainly take some time before any regulations can be put in place with ease.


Title: Re: Bitcoin must be regulated!
Post by: Osayo on September 06, 2018, 11:43:42 PM
It is not necessarily a must that Bitcoin is regulated before we get it right. Our individual attitude matters a lot here. If everyone of us already in cryptocurrency throw away greed and will to defraud others of their hard earned coins, no one will be discussing regulation for cryptos.


Title: Re: Bitcoin must be regulated!
Post by: Janation on September 07, 2018, 12:27:57 AM
Yes regulations is needed and its not only for bitcoin, it should be cryptocurrency in general as it will make more investors to have confidence and believe in Crypto.

The regulation's decision will be in the hands of the government. We, investors and users has no power to stop their decision and if these cryptocurrencies are regulated, it will not only be investors who will be having an advantage to it, it will be the people in that country who will also use Bitcoin.

It is not that itis needed, but it is something that we dont really need to be desperate of. There are still some flaws on regulating it, the reason we should not haste.


Title: Re: Bitcoin must be regulated!
Post by: mornabo on September 07, 2018, 01:14:47 AM
Yes regulations is needed and its not only for bitcoin, it should be cryptocurrency in general as it will make more investors to have confidence and believe in Crypto.
I think it will be even more difficult for the government to implement the rule if the scope of the entire cryptocurrency, even to regulate and make laws about bitcoin, the government of a country has been very difficult, I'm neutral with this, if the regulation happen its doesn't matter to me, anyway many positive influences too right?


Title: Re: Bitcoin must be regulated!
Post by: arienna23 on September 07, 2018, 05:53:34 PM
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.
Bitcoin survive without a regulation. It will survive even if other investors quit. There will always be a new investors who will risk because they know the capability and technology of Bitcoin. If you are afraid of volatility you should stay away from Bitcoin because only Bitcoin enthusiast understand that this is how the market works.


Title: Re: Bitcoin must be regulated!
Post by: bitcoinposts on September 07, 2018, 05:58:21 PM
Bitcoin cant be regulated we can wait and watch for next few years still bitcoin will be same position as it is now completely decentralised and all in people control


Title: Re: Bitcoin must be regulated!
Post by: DySWv on September 07, 2018, 06:44:56 PM
One of the best quality of bitcoin is being decentralized. Bitcoin can't be regulated, if it is regulated by the government it will not be decentralized anymore. I think bitcoin is okay right now and doesn't need to be fixed. Fluctuation of price makes Bitcoin and other crypto more exciting.


Title: Re: Bitcoin must be regulated!
Post by: As roma on September 07, 2018, 06:51:40 PM
I see this is a real needs to be required but with a valid lách the user lll do not want to such.Và if you want to set the ai that will be do ai? Show this time of most they are do not resolve in short time. Need for more known in the bitcoin activity activity. Value of bitcoin does not depend on the extra elements that are still increment per day.



I don't think there will be an identity associated with bitcoin or any statement about bitcoin.
We did not ask permission from the government, we told them that this was the case.
If bicoin can be controlled, I must be destroyed. We have regulations and the government cuts it.


Title: Re: Bitcoin must be regulated!
Post by: xcajun21 on September 07, 2018, 06:52:05 PM
Especially that recent wash trade thingy that happened on bitfinex. These tactics are not available to whales on stock markets, but on bitcoin markets.
Of course, in both cases stop loss and riding the wave is essential and a common tactic for retail investors.


Title: Re: Bitcoin must be regulated!
Post by: gooddly on September 07, 2018, 07:06:26 PM
As far as I understand, the initial value of bitcoins creation was decentralization and, accordingly, lack of regulation. If you start to adjust bitcoins, it will lose all meaning, in my opinion.


Title: Re: Bitcoin must be regulated!
Post by: Cryptogid on September 07, 2018, 07:29:14 PM
Bitcoin cannot be regulated,simply because bitcoin cannot be regulated,its has its technology, and its nature is does not allow.


Title: Re: Bitcoin must be regulated!
Post by: Skieleton on September 07, 2018, 07:38:22 PM
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.
This would end the whole ideals of cryptocurrency. The influence of an authority that would have control over BTC is not an identifiable thing. The problem is that without regulation there will be no official BTC legalization.


Title: Re: Bitcoin must be regulated!
Post by: Ayasena on September 07, 2018, 07:46:37 PM
The Bitcoin regulation will make it stable but Bitcoin will survive and will appear as the final winner for currency transactions. It's just that implementing excessive rules will increase bulk reliability. In addition, too many regulations will destroy the sole purpose of decentralization. Bitcoin will recover sooner or later.


Title: Re: Bitcoin must be regulated!
Post by: idex100 on September 07, 2018, 07:50:17 PM
I use to ignore the need for institutional funds as we could do without it, now the market seem to be in need of some sanity from the market manipulators.we need SEC approval of bitcoin investment vehicles that could bring fresh funds in.


Title: Re: Bitcoin must be regulated!
Post by: Ibizugbe1 on September 07, 2018, 07:53:09 PM
I think regulating bitcoin will lead to another government and the capitalist controlling the price which is against the original ideology of the creation of bitcoin. Although we need the price to be stable to attract institutional investors.


Title: Re: Bitcoin must be regulated!
Post by: TheLoser on September 07, 2018, 07:57:04 PM
The very technology of decentralization bitcoin is created for the impossibility of its regulation. Bitcoin attracted attention by an unprecedented growth last year. Now interest in him fell.


Title: Re: Bitcoin must be regulated!
Post by: BTalarmus on September 07, 2018, 08:33:08 PM
Bitcoin by its nature should only self-regulate. At present, it is still at a very early stage of its development and is therefore very prone to speculative influence, as well as the influence of powerful mining pools. Over time, it should increasingly decentralize and gain weight, which will help it become a truly independent means of payment.


Title: Re: Bitcoin must be regulated!
Post by: South Park on September 07, 2018, 09:43:06 PM
One of the best quality of bitcoin is being decentralized. Bitcoin can't be regulated, if it is regulated by the government it will not be decentralized anymore. I think bitcoin is okay right now and doesn't need to be fixed. Fluctuation of price makes Bitcoin and other crypto more exciting.
If the governments want to regulate bitcoin that is their choice, what they have no control over is the network and if the people that are using bitcoin are going to follow those regulations, that is what they are not understanding they think that they can sign just a few laws and people are going to follow but this is not going to happen with bitcoin because it was a specifically designed to avoid regulations.


Title: Re: Bitcoin must be regulated!
Post by: crypteris on September 11, 2018, 12:43:55 PM
Bitcoin can’t be regulated! It’s nonsense. The idea of blockchain and crypto includes decentralization and anonymity. Means, there can be no Bitcoin owner who defines how currency should develop. Governments try to control crypto but they can't do it fully because of the nature of crypto itself.


Title: Re: Bitcoin must be regulated!
Post by: Blackwhite69 on September 11, 2018, 12:53:37 PM
The very technology of decentralization bitcoin is created for the impossibility of its regulation. Bitcoin attracted attention by an unprecedented growth last year. Now interest in him fell.

It only happens for people who are new to Bitcoin and do not have a good strategy to make prices rise again or will wait for prices to rise again. This is the very thing for investors to buy Bitcoin at a low price.


Title: Re: Bitcoin must be regulated!
Post by: alizalela7 on September 11, 2018, 12:54:29 PM
bitcoin should be accepted and bitcoin should the support and approval of the government and of the banks have such new bitcoin have enough conditions to be able to further development


Title: Re: Bitcoin must be regulated!
Post by: Hunusubuturi on September 12, 2018, 09:09:59 AM
It's decentralisation won't allow any regulation to occour. If you are saying this only because the prices are down, you should chill out and wait a little more when they rise again.


Title: Re: Bitcoin must be regulated!
Post by: northcoin2018 on September 12, 2018, 09:14:04 AM
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.

Yes its been long over due.  People who work against it most especially its competitor must start to realize that it is the next big Thing.


Title: Re: Bitcoin must be regulated!
Post by: husnanparebok on September 12, 2018, 09:26:59 AM
Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin.

No. Untill today, I still believe that Bitcoin Price will go up in next few months. You must have confident. If every investor is like you, Not only Bitcoin will die, but also all Cryptocurrency will end. But Almost all investor have confidents

but hey where are the team?
I think, until now, Bitcoin Team still anynomous, specially the founder, Sathosi Nakamuto

then i will not expect bitcoin will last long.


No, we dont need regulation to make Bitcoin will last long term. Regulation is needed to control Exchanges from stolen their costumers, Trader!


Title: Re: Bitcoin must be regulated!
Post by: carrieM on September 12, 2018, 09:46:27 AM
Bitcoin can’t be regulated! It’s nonsense. The idea of blockchain and crypto includes decentralization and anonymity. Means, there can be no Bitcoin owner who defines how currency should develop. Governments try to control crypto but they can't do it fully because of the nature of crypto itself.
And that's the exact beauty of it.


Title: Re: Bitcoin must be regulated!
Post by: Menawi12 on September 12, 2018, 09:56:05 AM
I think regulation needed on new ICOs not on bitcoin. Bitcoin is cryptocurrency and decentralized, no government can touch bitcoin data. The best government can do is make trading regulation.


Title: Re: Bitcoin must be regulated!
Post by: Tapyaks72 on September 12, 2018, 10:12:13 AM
The very technology of decentralization bitcoin is created for the impossibility of its regulation. Bitcoin attracted attention by an unprecedented growth last year. Now interest in him fell.

It only happens for people who are new to Bitcoin and do not have a good strategy to make prices rise again or will wait for prices to rise again. This is the very thing for investors to buy Bitcoin at a low price.
The only thing that some  that feel worried is the price which I think normal to all like block market in nature. Because prices will  vary from time to time depending on the factors like the world economy, supply and demand, but  the important things the system integrity. Still strong don't bother with the price just be patient and still trust the system.


Title: Re: Bitcoin must be regulated!
Post by: Abigail Asi on September 12, 2018, 01:17:26 PM
Bitcoin can be regulated and that is fine but regulating it so strictly will affect the market negatively. I believe bitcoin can make it even without regulation. It will survive in the future.


Title: Re: Bitcoin must be regulated!
Post by: monster2 on September 12, 2018, 03:09:35 PM
Traders and investors will find it difficult when bitcoins are regulated because they are potentially big enough to beat our funds because they can really get the price of bitcoin.


Title: Re: Bitcoin must be regulated!
Post by: BitcoinPanther on September 12, 2018, 04:11:32 PM

It's just that implementing excessive rules will increase bulk reliability. In addition, too many regulations will destroy the sole purpose of decentralization.


A really sad part to lose should regulation be in place. When people took in the anatomy of bitcoin as a whole, being unregulated was among the favorite picks of early adopters.

Bitcoin was never really designed to be regulated since regulation pertains to central control. A central control that could take away a person's innate ability to transact freely. And as much as many see that government backing is quite important nowadays, bitcoin's primal design would simply go to waste at an instant should regulation takes place.

We are supposed to live in a permission-less crypto world, regulation will change all of that.


Title: Re: Bitcoin must be regulated!
Post by: ladyinredcoins2018 on September 12, 2018, 04:24:24 PM
every single sentence here proves that you do not know what bitcoin is. you are just too caught up in the price and have been excited about it that you forgot to check out what is this thing called "bitcoin" that you got involved in!

i suggest that you start by educating yourself a little more. read the bitcoin paper. start watching some of the Andreas Antonopoulos' videos , you can read his book mastering bitcoin. and you will no longer think this way. here is a link: https://antonopoulos.com/
If it becomes regulated it is more accepted to the conservative world because they can somehow take a control over it. And in a way bitcoin could lose its essence in this case.


Title: Re: Bitcoin must be regulated!
Post by: Rosa Paula on September 12, 2018, 04:32:34 PM
in the event that it will likely be controlled after that this beats the reason the reason why bitcoin was made, to begin with. that's absolutely no legislation as well as decentralized. we do not exactly how this could coincide along with the thought of crypto however in some way their own ought to be a method to counter-top rip-off within crypto.


Title: Re: Bitcoin must be regulated!
Post by: Renampun on September 12, 2018, 04:44:17 PM
Bitcoin can't be regulated. Period.
It's very simple.
Nobody own bitcoin or stand behind bitcoin.
There is no bank or any government behind bitcoin.
In fact, nobody control bitcoin.



I hate the fact, but the fact can't be deceived. Bitcoin can never be regulated because it is very different from the currency issued by a country, Bitcoin will forever continue to be a decentralized cryptocurrency.


Title: Re: Bitcoin must be regulated!
Post by: Roboabhishek on September 12, 2018, 05:25:29 PM
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.

Yes it's very necessary to regulate bitcoin to control and stop it's dangerous use in many sense's. Also we have seen the regulations which Chinese government has implemented on bitcoins trade and transaction to control it's use and to make it a safer banking way . Maybe this step can help bitcoin to be more safer to use for user friendly experience of its holders .


Title: Re: Bitcoin must be regulated!
Post by: vnck25 on September 12, 2018, 05:26:37 PM
I don't think Bitcoins and other crypocurrencies can be regulated by any government in the World. However, governments, international organizations can regulate Initial Coin Offerings (ICOs) as well as when people try to exchange their cryptos to fiat or fiat to cryptos. There are regulations for ICOs as well as exchange of cryptos to fiat in terms of KYC, AML screenings, but I think  there are certain lapses in doing those, which must be solved as soon as possible. Again I am in the opinion that Bitcoins and other cryptos cannot be regulated directly.


Title: Re: Bitcoin must be regulated!
Post by: BestBoardroom36 on September 12, 2018, 05:33:33 PM
I totally support this and I think in order to control the scammers and hackers and also control the misuse of bitcoin there is no substitute of it.


Title: Re: Bitcoin must be regulated!
Post by: F_Ivanov1993_ on September 12, 2018, 07:05:33 PM
Bitcoin needs to be regulated and it will be regulated, since this is about the economic relations of the country.


Title: Re: Bitcoin must be regulated!
Post by: Gila uang on September 12, 2018, 07:15:27 PM
don't think negatively about bitcoin lol ...! Mr. Satoshi makes bitcoin for digital money and not for investment, and I hope you understand what I think.





I think what can be done is to adjust many things in the economic system so that the law continues to apply, for example, tax payments cannot be influenced by cryptocurrency.
This is a rather complicated problem, because blockchain technology is based on freedom and control of people.


Title: Re: Bitcoin must be regulated!
Post by: Jyominall on September 12, 2018, 07:46:08 PM
Yeah, I agree with you. I hope, that regulation will help to overcome high volatility inherent to cryptocurrency and diminish market manipulations.


Title: Re: Bitcoin must be regulated!
Post by: max fray on September 12, 2018, 07:55:56 PM
Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin.
Bitcoin is not owned by anybody.
Yes, there are so-called whales that hold a large amount of btc in their wallets, but these will cost nothing in case common people like you stop mining bitcoins.
So there is actually not a team, blockchain itself was created by a single person, and its purpose was far from constant price speculations we are currently witnessing.


Title: Re: Bitcoin must be regulated!
Post by: frankz00 on September 12, 2018, 08:38:01 PM
I'm supposed to trust these governments that irresponsibly mismanaged fiat currencies, why?  If you want regulation, stick to fiat fractional reserve banking.  It's "digital" as well and it has the main feature you want.  "Regulation".  IMHO, there's nothing "regulated" about what these governments have been doing with our money...

This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.


Title: Re: Bitcoin must be regulated!
Post by: RussCryptoBull on September 12, 2018, 09:26:07 PM
I agree with you brother,  thought not just bitcoin,  the whole cryptocurrency should be regulated, because this is one of the reasons for the dip


Title: Re: Bitcoin must be regulated!
Post by: jtrapirap on September 13, 2018, 01:01:15 AM
Although Bitcoin concept is all about decentralization and it may contradict the idea for it to be regulated, I guess somehow in the future some regulatory body will try to be implemented such as regulating new ICO projects and crypto trading. Crypto assets itself might hard to trace since it may have privacy and anonymity features. I guess regulation in some extent may be beneficial also such as to prevent scam ICOs to interfere the market eventhough its main disadvantage is to impose more fees and taxes.


Title: Re: Bitcoin must be regulated!
Post by: CoinsGazer on September 13, 2018, 01:16:43 AM
The central bank should conduct targeted supervision on bitcoin regulation in response to the problem of illegally transferring assets using Bitcoin and leveraging the trading of bitcoin. In particular, strengthen supervision in anti-money laundering, financing and financing, etc. The finalization of bitcoin regulation is "legalization"


Title: Re: Bitcoin must be regulated!
Post by: budrabut on September 13, 2018, 01:19:33 AM
As Bitcoin is growing so fast, as you said that it needs to create regulation about bitcoin even though it seems contrary with the principle of Crypto currency. I say it because there a re a huge money here that also has high potential to be hacked or stolen. To anticipate and prevent it, it needs to build regulation that makes crypto and the user saver and secure.

How is about the other? I would to hear other voices about this topic.


Title: Re: Bitcoin must be regulated!
Post by: xWolfx on September 13, 2018, 01:25:18 AM
Bitcoin is already being regulated in numerous countries around the world.

Some capable governments already saw that same thing about the current value and future possibilities of Bitcoin like the U.S. between others. This is only the beginning of a series of measurements that need and will be taken worldwide to regulate it and of course countries can get taxes out of it.

The only ones that don't like it no matter how good it is doing are the authoritarian regimes due to the decentralized nature of the currency itself and the possibilities it gives. I truly hope Bitcoin is the future and dictators who starve their own people, the past.


Title: Re: Bitcoin must be regulated!
Post by: bigboyd on September 13, 2018, 08:16:28 AM

No. I do not accept it. Because if that's so, bitcoin will not exist. Then investors are not investing in bitcoin. First, anyone should have faith in the coin first to invest. Therefore, if people manage this, people will not invest here. I think countries that use bitcoin should grant bitcoin submission. Investors are investing heavily in bitcoin.


Title: Re: Bitcoin must be regulated!
Post by: Jack Ment on September 13, 2018, 02:38:35 PM
As far as I know, Bitcoin can't be regulated because it was born decentralized and to lose the dependence of a method of payment on government. Even banks or governments can't control Bitcoin like fiat money. Spme countries had tried but they end up failing to effectively control Bitcoin, resulting in their semi-denial of Bitcoin.


Title: Re: Bitcoin must be regulated!
Post by: Tranboomnerang on September 14, 2018, 09:58:34 AM
On the other side, the majority Blockchain developers do not approve the regulatory framework proposed by the government, as they think Blockchain will still reach to something significant in the long run.


Title: Re: Bitcoin must be regulated!
Post by: Rafiqul on November 07, 2018, 02:23:48 AM
I believe bitcoin can not be regulated because nobody can control it. Bitcoin is decentralized cryptocurrency. If it is regulated then it lost its basic core principle.


Title: Re: Bitcoin must be regulated!
Post by: @JANIYAA on November 07, 2018, 02:53:15 AM
Hi,

However government looks to regulate BTC due to the harmful transactions that occur in dark web. That regulation must be full transparent and also it does not disturb crypto investors.

Thank you.


Title: Re: Bitcoin must be regulated!
Post by: bitfocus on November 07, 2018, 02:56:39 AM
Well, I think you have some wrong info about Bitcoin, may be you don't know Btcoin much. You should spend some time learning about what Bitcoin actually is. You don't need to struggle, just watch the Bitcoin thread for a while, also, please try to spend a few minutes on prominent sites like news.bitcoin.com, coindesk.com, etc.


Title: Re: Bitcoin must be regulated!
Post by: dimiinx on November 07, 2018, 03:08:54 AM
I believe bitcoin can not be regulated because nobody can control it. Bitcoin is decentralized cryptocurrency. If it is regulated then it lost its basic core principle.
right your word must be arranged so that it can run properly and not only people carelessly use and misuse in my opinion must be developed and there are rules that apply


Title: Re: Bitcoin must be regulated!
Post by: MrCrank on November 07, 2018, 03:21:28 AM
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.

You are wrong. Bitcoin is not stock. Also it is not a tool for earning and making profit.
Bitcoin is a decentralized payment.


Title: Re: Bitcoin must be regulated!
Post by: Hans17 on November 07, 2018, 03:48:10 AM
I think that Bitcoin and cryptocurrencies are waiting for a lot of regulation in the future. The government will try to control Bitcoin.

Well the reality is that government will or would not control the bitcoin cause for some reason why i like the most about bitcoin is that , bitcoin is very decentralized that no one can even control bitcoin, for the future reason i like to think that bitcoin will be much more than i expected. As you can see some of the country has been regulated bitcoin as their second currency, like bitcoin can positively served as a payment, and can't wait to try it, looking forward for the success of bitcoin.


Title: Re: Bitcoin must be regulated!
Post by: Whaletale on November 07, 2018, 04:13:41 AM
Bitcoin is no way near what we should think of regulating because it has a very good reputation and can not disappear like other altcoins that are mostly centralized and run by individual , government need to only regulate the new and ico that are just coming up to seek funds raising from public in other to ensure the safety of Investors funds.


Title: Re: Bitcoin must be regulated!
Post by: thesmallgod on November 07, 2018, 05:13:58 AM
Well it might be if you are from country in which government use tax generated from the citizen to develop the city and bring comfort to everyone but for someone like us from country where government care less about the masses, where public funds and treasury are being looted, where you become enemy of the government if you are making progress. I do not want it to be regulated. bitcoin has put smile on the faces of the people than the government. it has created more job in a year than what government has done in 10 year.


Title: Re: Bitcoin must be regulated!
Post by: resty on November 07, 2018, 06:33:56 AM
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.


I agree to Bitcoin become regulated to the purpose of all people from the top to the lower portion of living is benefited to all, that is my perception if ever Bitcoin become first choice and acceptable to people people someday.


Title: Re: Bitcoin must be regulated!
Post by: keanne_isaac on November 07, 2018, 10:50:47 AM
It is necessary to regulate Bitcoin pice for the security of investors money and government can raised tax also in crypto transaction. But the problem is Bitcoin is decentralized and transaction may hard to monitored  or controlled since there is no common server processing the transaction. This is one of the major reason why regulation may hard to implement in crypto market.


Title: Re: Bitcoin must be regulated!
Post by: treatWy on November 07, 2018, 10:58:17 AM
I am not against regulation but once it was implemented that would be the time of serious matter to solve the important issue between user and crypto. Government hands should not be with crypto because crypto (bitcoin) is decentralized not own by any government office.


Title: Re: Bitcoin must be regulated!
Post by: syntac on November 07, 2018, 11:11:39 AM

we are just like traders, of course we as traders do not want to lose, what we have in mind is, can profit as much as possible. especially related to the wheel of the economy. we as bitcoin users should be more observant about current developments, and can sort out when market prices are rising or falling. so we have to be always optimistic, that we will be rich and successful.


Title: Re: Bitcoin must be regulated!
Post by: saumang2m on November 07, 2018, 02:49:47 PM
Yes Regulations in Bitcoin that need a lot. Because of this the market that bitcoin will become more stable. And it will also help prevent fraud. Both of which will benefit both people using Bitcoin and Bitcoin.


Title: Re: Bitcoin must be regulated!
Post by: stigmacryptonight on November 07, 2018, 03:09:58 PM
We do not wish to assist the actual legislation associated with Bitcoin. It is best this continues to be unregulated as well as decentralized. I'd choose ICOs legislation rather than Bitcoin legislation.


Title: Re: Bitcoin must be regulated!
Post by: oudekaas on November 07, 2018, 06:34:22 PM
Bitcoin isn't a traditional currency. It couldn't be regulated. I think that you don't know the main plot of all crypto and blockchain. Decentralisation was the main idea of developers.


Title: Re: Bitcoin must be regulated!
Post by: Marial Carter on November 07, 2018, 06:38:04 PM
Bitcoin needs to be adjusted to overcome the shortcomings that it currently has as many have taken advantage of Bitcoin to do bad things like tax evasion or money laundering.


Title: Re: Bitcoin must be regulated!
Post by: truongdhnh on November 07, 2018, 07:14:12 PM
There is a lot to talk about and discuss Bitcoin. The good and active side of Bitcoin as well as the Bitcoin restrictions and the rules and regulations about Bitcoin are essential to the community.This is because Bitcoin trading is hard to control for the government.Only the future can answer the questions which the crypto still exists.


Title: Re: Bitcoin must be regulated!
Post by: Udrujec on November 07, 2018, 09:08:22 PM
But if someone really can take on bitcoin and regulate it, it will lose its main feature - decentralization. This is a very important quality for the development of bitcoin, and if it is taken under control, then nothing good will come of it.


Title: Re: Bitcoin must be regulated!
Post by: M4NDELL on November 07, 2018, 09:15:52 PM
Bitcoin could live for so many years without any regulation. I think that the collapse of Bitcoin will come precisely when governments or other structures begin to interfere with its existence.


Title: Re: Bitcoin must be regulated!
Post by: tiktak89 on November 07, 2018, 09:39:46 PM
Bitcoin is working on its shortcomings, improving its transaction speed, but you can not violate its technology and take it under control. This is absolutely not logical and can cause a loss of interest in the decentralized currency.



Title: Re: Bitcoin must be regulated!
Post by: Pyr3x on November 07, 2018, 09:54:44 PM
I don't see the need for bitcoin regulation. It was created to develop independently. This is one of its main features and advantages over other conventional currencies.


Title: Re: Bitcoin must be regulated!
Post by: Shimmiry on November 07, 2018, 10:02:29 PM
If they accept bitcoin and bitcoin are regulated then bitcoin will of course be accepted by the government and we will have plans and policies for longer term bitcoin investment.

This is probably the main reason why people wcnted bitcoin to be regulated. Simple because they want it to be legitimate. And one thing that will make it legitimate and accepted by the government is through it having restrictions. The rles and regulations regarding to it and such.


Title: Re: Bitcoin must be regulated!
Post by: Triwiyono on November 07, 2018, 10:39:28 PM
bitcoin doesn't need regulation, because it runs on its own by the system. and I think investors in bitcoin are still very much and growing. there is no need for promotion in new terms because every time people talk about crypto, they will know crypto is bitcoin. and regarding the price of bitcoin, the price of bitcoin will recover, just waiting for the time when that happens. we must be patient because this is common.


Title: Re: Bitcoin must be regulated!
Post by: reynald70 on November 07, 2018, 11:02:11 PM
bitcoin doesn't need regulation, because it runs on its own by the system. and I think investors in bitcoin are still very much and growing. there is no need for promotion in new terms because every time people talk about crypto, they will know crypto is bitcoin. and regarding the price of bitcoin, the price of bitcoin will recover, just waiting for the time when that happens. we must be patient because this is common.
Yes it's true, Bitcoin can't have certain regulations to regulate it, because if there is something to regulate, then the Decentralized nature of Bitcoin will fall, so whenever Bitcoin will run on its own, because if standing alone the nature of Bitcoin will continue to live naturally.


Title: Re: Bitcoin must be regulated!
Post by: kucritt on November 08, 2018, 12:37:46 AM
bitcoi nmust be regulated, this is the requirement if you want to makes the government accept bitcoin as the legal currency, this should be regulated and this is a good things when you use bitcoin as the regulated currency


Title: Re: Bitcoin must be regulated!
Post by: ABDUL86 on November 08, 2018, 03:08:26 AM
I agree with you bitcoin must regulate at every country it's much important because the potential of bitcoin effect by country who not accept bitcoin so I think bitcoin must regulate by every where.


Title: Re: Bitcoin must be regulated!
Post by: Treasurer on November 08, 2018, 10:14:03 AM
bitcoin doesn't need regulation, because it runs on its own by the system. and I think investors in bitcoin are still very much and growing. there is no need for promotion in new terms because every time people talk about crypto, they will know crypto is bitcoin. and regarding the price of bitcoin, the price of bitcoin will recover, just waiting for the time when that happens. we must be patient because this is common.

Bitcoin needs regulation. Because crypto currency has brought both financial freedom and financial chaos. State intervention can restore order.


Title: Re: Bitcoin must be regulated!
Post by: Bobby park on November 08, 2018, 10:23:25 AM
Why does regulation makes the price hike in cryptocurrency? Will it be an assurance for us that we have security and safetiness in cryptocurrency? For me, I don't care about that regulation and I don't care for the news talking about regulation. It is just a proof of legalization.


Title: Re: Bitcoin must be regulated!
Post by: walemil on November 08, 2018, 11:14:01 AM
Forget about bitcoin regulations. This is contrary to the purpose for developing bitcoin which is meant to function as a decentralized digital currency. Regulations will only not make cryptocurrency fulfill its purpose. You can take some time to understand bitcoin more.


Title: Re: Bitcoin must be regulated!
Post by: ganlianshifu1 on November 08, 2018, 11:31:30 AM
Yes, any currency should be regulated, and BTC is no exception!
Supervision can ensure that BTC is protected, fight crime, and protect the interests of BTC holders!


Title: Re: Bitcoin must be regulated!
Post by: Harrisonimo on November 08, 2018, 11:36:03 AM
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.


I think it is already evident that there is a presence of a regulating body on the cryptocurrency market as at today. The term bull run has been a thing of anticipation and not experienced in this year, 2018. A lot that came in as Investors early this year, are still counting their loss. The Securities and Exchange Commission and other conjoined financial bodies have been doing a good job at this and have also helped sustained the cryptocurrency system.


Title: Re: Bitcoin must be regulated!
Post by: conected on November 08, 2018, 01:07:16 PM
bitcoin doesn't need regulation, because it runs on its own by the system. and I think investors in bitcoin are still very much and growing. there is no need for promotion in new terms because every time people talk about crypto, they will know crypto is bitcoin. and regarding the price of bitcoin, the price of bitcoin will recover, just waiting for the time when that happens. we must be patient because this is common.

Bitcoin needs regulation. Because crypto currency has brought both financial freedom and financial chaos. State intervention can restore order.
- Well, and when the state restores order, you will not have the opportunity to continue to make money here, not only you, most people will also become more difficult to make money with crypto and bitcoin because the stupid rules of the state. I do not think you like that, you are destroying the way to make your money, financial freedom and chaos are all that is needed in bitcoin, people come to bitcoin also because of such reasons, the chaos allows us to earn a huge profit and freedom allows us not to pay taxes to the government, bitcoin and we do not need regulation


Title: Re: Bitcoin must be regulated!
Post by: AiBBio on November 08, 2018, 01:21:36 PM
But then it looses its main advantage...(


Title: Re: Bitcoin must be regulated!
Post by: Miklight88 on November 08, 2018, 02:10:07 PM
We can only talk about regulation when it involve one or two person as the people responsible for all the coin but Bitcoin is fully decentralized as no one control it affair on like altcoins so we only need regulation in altcoin as we are having so many now and turn out to be scam .


Title: Re: Bitcoin must be regulated!
Post by: Rolley Dragon on November 08, 2018, 02:25:03 PM
Bitcoin need to be regulated. It is true, in my opinion, bitcoin need more regulation to be accepted by the government. Moreover, making bitcoin become centralization is a big step toward cryptocurrency. But i also think it is really hard to regulate Bitcoin.


Title: Re: Bitcoin must be regulated!
Post by: Amevalentine on November 08, 2018, 02:30:54 PM
I don't see the need for bitcoin regulation. It was created to develop independently. This is one of its main features and advantages over other conventional currencies.
true also said you bitcoin suddenly appeared and developed itself without any existing rules and I am happy and salute if bitcoin is seeded and developed bigger and can soar in the future


Title: Re: Bitcoin must be regulated!
Post by: SnapDown22 on November 08, 2018, 03:13:42 PM
If bicoin could be controlled I should be destroyed. We have regulation and the government gets it's cut. But that's done and over. There will be no identity tied to bitcoin or any declaring of bitcoin.
We are not asking the government for permission, we are telling them that this is how it is.
in my opinion there is no need to set it right now, just give a very good security to keep my wallet and account just asking if there are rules, there must be many who violate


Title: Re: Bitcoin must be regulated!
Post by: Utuhikan on November 08, 2018, 04:17:15 PM
Honestly, personally I am more happy if this bitcoin is set. Seeing the situation of the crypto currency which has been very volatile lately makes me think that this crypto currency should be regulated. When the crypto currency is regulated specifically bitcoin then the price of the crypto currency will tend to be stable. When the price of this crypto currency tends to be stable, the normal market situation is more easily achieved. Other than that, I judge that there will be many more countries that believe in transactions using bitcoin. The countries tend not to risk losses so that when the price of bitcoin is stable, the country will be more open with bitcoin.


Title: Re: Bitcoin must be regulated!
Post by: bonbor. on November 08, 2018, 06:53:45 PM
There are a lot of advantages and also disadvantages too if bitcoin go under regulation and the worst part is if it become regulated then government can imposed tax on it.


Title: Re: Bitcoin must be regulated!
Post by: Cryptrx on November 08, 2018, 08:04:59 PM
Cryptocurrency in general should be regulated, a lot of shady practices are happening everyday and people, investors keep losing money as a result. Regulation will at least provide security of funds.


Title: Re: Bitcoin must be regulated!
Post by: keanne_isaac on November 08, 2018, 09:27:44 PM
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.
U.S. Government are fast tracking their study on how to regulate crypto currency to protect its investors security since huge money are involved here and crypto currency was one of the option for criminals to launder their money since transaction here is untraceable and they can launder even billion of dollars. Crypto Regulations can make crypto price push upward.


Title: Re: Bitcoin must be regulated!
Post by: MbakNarti on November 08, 2018, 09:45:19 PM
Bitcoin is always above and open to anyone without exception, bitcoin will always be what already exists according to its nature. For this reason, don't ever think that bitcoin will be manageable, because if that happens it will eliminate the trust of many people towards bitcoin.


Title: Re: Bitcoin must be regulated!
Post by: 19faraon88 on November 08, 2018, 09:50:31 PM
Much better to be regulated ao that more investor will be interested to it. Some people don't want to risk their money without knowing it.


Title: Re: Bitcoin must be regulated!
Post by: B. on November 08, 2018, 09:57:35 PM
Cryptocurrency in general should be regulated, a lot of shady practices are happening everyday and people, investors keep losing money as a result. Regulation will at least provide security of funds.

nothing is safe because competent steps are only owned by bitcoin users themselves. regulation only gives us space to be more flexible in business and society. Actually the government only wants to take taxes from user assets, I'm sure they also can't take the right steps in every investment that appears, they are only able to carry out supervision.


Title: Re: Bitcoin must be regulated!
Post by: Sirait on November 08, 2018, 10:02:23 PM
in my opinion, Bitcoin regulation it's not easy, there are many conditions that Bitcoin cannot yet fulfill, among others:
- the creator of Bitcoin is still uncertain, whether it's Satoshi or someone else
- Bitcoin is a  decentralization coin, it is very difficult to change that
Bitcoin must be regulated so that the owner is clear, but Bitcoin must be able to fulfill these requirements.


Title: Re: Bitcoin must be regulated!
Post by: KingOfWinterfell01 on November 09, 2018, 02:01:06 AM
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.

I don't think it is a good idea to regulate bitcoins. It defeats the main purpose why bitcoins were created and that is to be decentralized and unregulated by nature. If bitcoins were to be regulated then it defeats the purpose in the first place. So might as well leave it as it is now.


Title: Re: Bitcoin must be regulated!
Post by: sakokinak on November 09, 2018, 03:02:45 AM
I believe bitcoin can not be regulated because nobody can control it. Bitcoin is decentralized cryptocurrency. If it is regulated then it lost its basic core principle.
right your word must be arranged so that it can run properly and not only people carelessly use and misuse in my opinion must be developed and there are rules that apply

Bitcoin is decentralized, therefore, it cannot be regulated. People that say that we need some regulations for the cryptocurrencies, simply do not know what they are talking about.


Title: Re: Bitcoin must be regulated!
Post by: Maheshkumar_Hrangkhawl on November 09, 2018, 03:52:35 AM
I am against regulation of Bitcoin. It is a decentralized currency and there is no need for anyone to regulate it. On the other hand, I would react positively to regulating the ICOs. There are a lot of scams ongoing in that sector right now.