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Bitcoin => Bitcoin Discussion => Topic started by: Prestongold on August 17, 2023, 09:00:00 PM



Title: Is regulations among the key factors that affect the price of Bitcoin
Post by: Prestongold on August 17, 2023, 09:00:00 PM
Is regulations among the key factors that affects the price of Bitcoin


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: Hamza2424 on August 17, 2023, 09:11:06 PM
Is regulations among the key factors that affects the price of Bitcoin

Hmm, In a single word Yes, Op first of all you should increase your post quality I know sometimes, Questions are too short but you can collect a few questions together for better discussion + I would advise you to ask questions to seniors while you get to engage in the discussion on any thread, He can possibly guide you in short and good context.

Moving onto the Explanation of your I would let me know what will regulation bring, Obviously capital investment, more demand, mass adoption, and all these points are enough to shoot up the Bitcoin price to the next desired level. Hope you got it in short and simple words haha. Make sure to follow my advice on bringing more questions together while creating thread it will increase your post quality as well.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: ChiBitCTy on August 17, 2023, 09:26:29 PM
Is regulations among the key factors that affects the price of Bitcoin

It absolutely is.  Here's the thing, technically every country on the planet could ban bitcoin but that would not shut bitcoin down, of course, since it's a decentralized cryptocurrency.  You've got decentralized exchanges as well as always OTC sales/trades (over the counter) which can be done and the government can't do anything about it (I guess unless you get caught).

However, if say the US gov banned bitcoin, it would spell a major disaster for bitcoin.  This would mean no exchanges would be allowed to operate in the US, and a very large portion of bitcoiners would never buy bitcoin again.  Most people need simplicity, hence why so many people use Coinbase (Con-base) and then simply leave their coins on the exchange.  People are also lazy, so finding alternatives will drive a lot of people out.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: serjent05 on August 17, 2023, 09:56:27 PM
Yes, regulation is among the key factors that affect the price of Bitcoin. The reason for this is that regulation affects the promulgation of Bitcoin adoption.  When the government regulation favors Bitcoin adoption, there will be an active adoption in that country.  And since the government is friendly, the regulation rules are also friendly.  This encourages start-ups and pro-bitcoins activity that will lead to Bitcoin adoption and this adoption will give demand to Bitcoin thus, the government regulation will affect the price of Bitcoin.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: Captain Corporate on August 17, 2023, 10:01:39 PM
Maybe a bit, but we need to remember that its not the only factor neither. We are talking about just one part of it and that matters. I think its important to remember that we are at a global scale and this is a currency as well, sometimes we forget that its a currency and think of it just like its an asset, but its also a currency. This means that we are going to end up with a lot of volatility, so when one factor like this moves it up or down, another factor could make it balance and not move. Lets say a bad regulation news comes out and it will go down, then amazon may come out and say they will accept bitcoin and then price wouldn't move too much. This is why its important to remember its not just a single factor.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: mendace on August 17, 2023, 10:06:53 PM
Absolutely, regulations play a significant role in influencing the price of Bitcoin and other cryptocurrencies.  News regarding changes in laws or regulations in different countries can cause fluctuations in the cryptocurrency market as investors react to such developments.  Regulations can affect the perception of cryptocurrency adoption by financial institutions and the general public, which in turn can impact prices.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: hatshepsut93 on August 17, 2023, 11:49:26 PM
Regulations by the US government could easily affect the price dramatically. But if a country with a small economy and no political weight would do this, the market will ignore that. Regulations by countries with bigger economy, like France or Germany could affect the price, but less than the countries like the US or China. China used to be the cause of FUD when they were regulating Bitcoin and eventually banned it, and since than the market forgot about China, but if tomorrow China announced that they embrace Bitcoin, you could expect a small bull run.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: Smartvirus on August 17, 2023, 11:54:05 PM
Is regulations among the key factors that affects the price of Bitcoin
Hell no!
Where did you come up with that idea.

Well, like the economist will tell you, price is being affected by demand and supply. When supply is more than demand, price drops and when the demand is higher than supply, you can expect price yo pump. Of recent, Tesla has been known to liquidate some of there bitcoin  hodlings and that been the reason behind some of the dump of recent and sadly, those who would take the bate will wish they didn't for gaming with a wealthy spaceX guy.

The most regulations could do is about bitcoin's acceptance by most but somehow, bitcoin continues to gain popularity with Citizens of the world despite the many negativity which is circulated about the innovation. So yeah, its not regulation and its more of a demand and supply thing.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: GreatArkansas on August 18, 2023, 02:46:26 AM
For me YES. Regulations are one of the reasons or key factors that affect the price of Bitcoin, we have many.
Even though Bitcoin is decentralized, governments are still a factor here, especially when regulating Bitcoin.

Most of the time, if there's big government involved in any bitcoin matter, price is always react, like for example announcing of banning Bitcoin on other country.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: Sim_card on August 18, 2023, 03:43:37 AM
Defintely yes, when government comes out with policy that is unfriendly to bitcoin or ban bitcoin in their country,especially a second world country,you will see how the price of bitcoin will dump because it will make citizens have no option but sell off their investment. This will the supply more than the demand,but if there is a good news on bitcoin by the government, it will encourage more people who are feeling unsafe to invest in bitcoin to adopt it. But it will only affect the price in a short run since bitcoin can recover from government regulations since no one can control the price for long. The whales can also make bitcoin price to dump just like we have seen what caused the recent price dump by the space X selling $353M worth of bitcoin.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: adaseb on August 18, 2023, 03:50:29 AM
Yes they obviously play a role. Especially when it’s an important country like the USA. If they banned Bitcoin tomorrow what do you think would happen? Price would go down because most people couldn’t hold Bitcoin and other investors wouldn’t be able to invest into crypto.

If it’s a small country then nobody will care. It’s already banned in many small countries and doesn’t have an affect. But in general all of these regulations and issues with the SEC are not for crypto or bitcoin.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: Darker45 on August 18, 2023, 04:20:28 AM
Oh yeah, of course. But this impacts the price indirectly more than directly. If the regulations are mostly inimical to Bitcoin's fundamental principles, adoption, growth, and potentials, then we'd expect the investors, business establishments, users, and other supporters to think twice. Many of them might not push through with their plans to invest or buy Bitcoin or accept it as payment. But when the regulations are in support of Bitcoin, then we can expect the adoption rate of Bitcoin to increase. Supporters would feel safe.

Positive regulations boost the people's trust or perception of Bitcoin. They somehow acknowledge Bitcoin's legitimacy. They somehow assure supporters of a smooth experience. The sentiment would be bullish. That would mean money would flow in. When the regulations are negative, supporters will definitely be discouraged.

But then again, with Bitcoin being decentralized, all these regulations can't actually do anything to it. The regulated Bitcoin industry would highly be affected, though.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: xSkylarx on August 18, 2023, 04:34:34 AM
Is regulations among the key factors that affects the price of Bitcoin

Yes, because that would lead to adoption. Just imagine if every country banned Bitcoin, meaning not all would be using it, or if we still decided to use it, we were using it illegally, meaning that even if we banned it, adoption would decrease as people would be scared of the law. Just imagine the price of Bitcoin 5 years from now; for sure, it will increase because a lot of people and merchants will use it as a payment method.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: o48o on August 18, 2023, 10:04:06 AM
Is regulations among the key factors that affects the price of Bitcoin
It would be foolish to say it woudn't affect. You can deduct that yourself just by thinking.
Let me put this as simplified as i can:

Ask yourself few questions:

Would rules of the marketplace affect to how people behave in the marketplaces?
Would fear of jail / sanctions make these people follow the rules?
Would people be more inclined to buy stuff with low taxation in opposition to low taxed?
Would banning some of the customers and marketplaces in general affect sales?
Would people in general trust more to CEXes if they had more oversight and legal protection?
Would institutional investors rather invest in regulated / serious market in cexes, rather than depositing their money to potential exit scams?

Answer is yes to all of these, and they are basically same question as yours sectioned in different parts.
HOW is it affecting to price depends on what the regulations are. It can be positive or negative.

Imho there are more upsides with regulations than downsides, even when we are talking about just the price.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: Kelvinid on August 18, 2023, 10:14:44 AM
We often ask why it affects badly on the price and this is because we thought that our transactions become limited and huge taxes. Most of us care about our privacy and when it was regulated by the government, we gonna lost them all. But I don't think this would be the reason for stepping away from Bitcoin because, in the first place, regulations have also helped to minimize scams and fraudulent activities around. If some people are against this and think about it negatively, some also see it positively.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: fuguebtc on August 18, 2023, 10:25:41 AM
Is regulations among the key factors that affects the price of Bitcoin

Government regulation will determine the popularity of bitcoin and hence will affect people's demand, so it can be said that regulation is the main factor affecting bitcoin price. If all governments accept and legalize bitcoin while encouraging people to use bitcoin. I believe that will trigger a crazy bull run for bitcoin and we will even see $1 million per bitcoin. But that won't happen anytime soon as governments are still not really friendly with bitcoin, they are still wary of it because they always think its decentralization will harm their centralized system.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: yudi09 on August 18, 2023, 11:51:42 AM
Is regulations among the key factors that affects the price of Bitcoin
Not entirely the price of bitcoin depends on regulations if the regulations you mean are state regulations.
Burdensome regulations, of course, can be an obstacle for citizens in dealing with bitcoin.
What affects the price of bitcoin is the amount of demand and supply based on theory.

One of the reasons for the decline in the bitcoin price in a matter of 7 days based on the bitcoin price chart from $29,413 [Fri, 11 Aug 2023] to $26,398 [this second] was due to the large sale made by SpaceX and China's Evergrande bankruptcy filing.
So, still strengthens me to say that the economic theory that determines prices go up or down depending on supply and demand is correct.

https://www.reuters.com/legal/china-evergrande-files-chapter-15-bankruptcy-us-court-filing-2023-08-17/
https://cointelegraph.com/news/spacex-sold-bitcoin-acquired-2021-2022-report


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: avikz on August 18, 2023, 11:53:53 AM
Is regulations among the key factors that affects the price of Bitcoin

Absolutely!

Favorable regulations will support the price and vice versa. Regulatory actions have always been a key factor in price movement. The way El-Salvador bitcoin adoption helped the price, similarly China's ban on cryptos affected the price negatively. That's always been the case.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: posi on August 18, 2023, 12:07:25 PM
That's what happened because Bitcoin is already available on many trading platforms. However, in my opinion, it is speculators and market participants who "decide" the Bitcoin exchange rate against fiat in response to regulations or news. And now, Bitcoin looks a lot like stocks and commodities.

Strictly speaking, it is our needs that determine the value of bitcoin, but for demand to grow, it needs to be accepted and legalized by the government. Therefore, it can be said that regulation is the key factor determining the price of bitcoin. Bitcoin has been around for 15 years and many people know about it but many people still haven't invested or used it because they are afraid of government regulations and bans. It can be seen that regulation has a significant impact on the price of bitcoin, although many people will not believe and dislike this, it is clear that the government is the biggest barrier to bitcoin.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: m2017 on August 18, 2023, 12:26:17 PM
Is regulations among the key factors that affects the price of Bitcoin
Bitcoin doesn't need permission or prohibition by regulatory authorities (of a particular country or countries), because it is decentralized in nature. Here, the factor influencing the bitcoin price is more the news background associated with the regulation it, and not the regulation itself and the actions of users (holders) of bitcoin. If they panicked after the ban in N-country and started selling btc, then this ban will indirectly affect the value of the BTC-price. It would seem that this is all nonsense, but it happens.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: KiaKia on August 18, 2023, 12:29:03 PM
Yeah and No, because this isn't the only factor that can affect the price of Bitcoin, it's also not a must, it's not as if Bitcoin won't survive without regulation, and it's fact that Bitcoin don't need regulation to survive.

Weather the centralized world support Bitcoin or not, it will still survive, because so many people are using Bitcoin and they will continue to use Bitcoin, the only thing that will be affected is adoption.

To say the truth, Bitcoin needs centralized adoption to gain massive popularity and better adoption than what we already have right now, without centralized approval Bitcoin won't do very great, but it will survive and still keep doing well.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: Cryptomultiplier on August 18, 2023, 03:08:02 PM
That's what happened because Bitcoin is already available on many trading platforms. However, in my opinion, it is speculators and market participants who "decide" the Bitcoin exchange rate against fiat in response to regulations or news. And now, Bitcoin looks a lot like stocks and commodities.

Strictly speaking, it is our needs that determine the value of bitcoin, but for demand to grow, it needs to be accepted and legalized by the government. Therefore, it can be said that regulation is the key factor determining the price of bitcoin. Bitcoin has been around for 15 years and many people know about it but many people still haven't invested or used it because they are afraid of government regulations and bans. It can be seen that regulation has a significant impact on the price of bitcoin, although many people will not believe and dislike this, it is clear that the government is the biggest barrier to bitcoin.
You didn't mince words, because it is true that the government is the biggest barrier to BTC.
With the government insistence on the taxing of BTC, and trying to make it centralized by involved SEC regulation,  I wonder what other key factors affect BTC price than these.
There may also be the case of traders fees and exchange rates at a certain period or the volatility of markets that may be occasioned by whale movements.
All these among done real factors affect the price of BTC including regulation, should it be imposed in a certain region or country.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: retreat on August 18, 2023, 03:54:35 PM
Is regulations among the key factors that affects the price of Bitcoin

That's right, regulation is one of the key factors affecting the price of Bitcoin. Because government regulations such as banning the trade or distribution of Bitcoin will limit the distribution and demand for bitcoin, and then it will affect the price. Negative regulations can also cause fear in investors which will increase the number of sales and disrupt the price of Bitcoin.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: worle1bm on August 18, 2023, 04:30:07 PM
Mostly demand and supply factors will affect the prices but they are regulated by lot of factors like regulations as well because when it's allowed more people have access to it who fear to use or invest in it due to governments so it automatically boost up the demand among users while supply is limited giving it a price boost.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: Blitzboy on August 18, 2023, 04:40:45 PM
 I've seen countless responsible people, great earners, who enjoy a game of chance. You make it sound like spending on gambling is equivalent to throwing money into a fire. Sure, 30% might seem like a high number, but who are you to decide what's sensible for someone else? Not every individual has the same financial obligations or priorities.

You draw this line between addicted gamblers and responsible earners, but that's just black and white thinking. You'd be surprised how many high-functioning individuals enjoy a gamble and still fulfill their responsibilities. Your attempt to fit everyone into these neat little boxes is incredibly shortsighted. Life is more complex than your simplistic categories.



Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: justdimin on August 18, 2023, 05:02:20 PM
Is regulations among the key factors that affects the price of Bitcoin
Government regulation will determine the popularity of bitcoin and hence will affect people's demand, so it can be said that regulation is the main factor affecting bitcoin price. If all governments accept and legalize bitcoin while encouraging people to use bitcoin. I believe that will trigger a crazy bull run for bitcoin and we will even see $1 million per bitcoin. But that won't happen anytime soon as governments are still not really friendly with bitcoin, they are still wary of it because they always think its decentralization will harm their centralized system.
It's not really the "popularity" but ease of mind. Because if something is regulated and liked in a nation, there is a possibility that the same thing could be done in a longer period of time, but if we are talking about a situation where it is going to be a bit different on the long run.

I think it could be considered a bit different, and I think it is going to be a bit of deal where if it is illegal, or just not even regulated, people will fear the situation and not really go for it. This is why I believe that we need to make sure that things are a little different. Obviously it is going to take a while and we are not going to have anything that is different, it should not be considered a big deal, it should be different.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: Dr.Bitcoin_Strange on August 18, 2023, 07:00:05 PM
Every country has it's government and their regulations and there could be some kind of regulation or ban on Bitcoin in a particular country but would not affect the price of Bitcoin. So, regulations doesn't usually cause a great effect on the price but it depends on what country it is and also the level of Bitcoin adoption and accessibility in that country. There are some countries where Bitcoin is not freely adopted, even if there are new regulations to further restrict the use of Bitcoin, it might not really have any effect on the price of Bitcoin. But in country like El Salvador where Bitcoin is already a legal tender, further regulations might impact the price.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: Bushdark on August 18, 2023, 07:05:29 PM
Is regulations among the key factors that affects the price of Bitcoin
Bitcoin is not get a regulated asset and I hope the government is not in to do such a thing because it might have a big effect to the market as one of the key factors of the Crypto market. Maybe that might happens in many years coming but I don't think that the government would be ready to take advantage of the opportunity of regulating the number asset in the cryptocurrency market right now.
There had been a speculation that Bitcoin is going to go bearish more before accelerating to the bull which is going to happen immediately and take off to the bull which is going to prolong to next year.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: serjent05 on August 18, 2023, 09:41:10 PM
Is regulations among the key factors that affects the price of Bitcoin
Hell no!
Where did you come up with that idea.

Well, like the economist will tell you, price is being affected by demand and supply. When supply is more than demand, price drops and when the demand is higher than supply, you can expect price yo pump. Of recent, Tesla has been known to liquidate some of there bitcoin  hodlings and that been the reason behind some of the dump of recent and sadly, those who would take the bate will wish they didn't for gaming with a wealthy spaceX guy.

The most regulations could do is about bitcoin's acceptance by most but somehow, bitcoin continues to gain popularity with Citizens of the world despite the many negativity which is circulated about the innovation. So yeah, its not regulation and its more of a demand and supply thing.

In Bitcoin's historical event, there are incidents where regulation affects the price of Bitcoin.  Aside from that, the law of supply and demand is affected by adoption and the progress of Bitcoin adoption is affected by government regulation.  The acceptance of Bitcoin by a government affects the market sentiment thus creating the market to bullish trend if there is enough positive sentiment created.

We can agree to disagree but we cannot deny the fact that in the history of Bitcoin regulatory news affects its market movement especially when the one making the announcement is the developed country/ leading country.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: panganib999 on August 18, 2023, 09:48:37 PM
Nope. Don't think so.

Regulation is the last thing that would affect the current price of bitcoin. All for the sole reason that there's no definitive regulation method that was made to counteract and control bitcoin in its utmost capacity. Plus if regulation were to take its hold I reckon it would pump the value of bitcoin even more, given the fact that now we're sure more and more people will be able to hop on board and invest in bitcoin since it's now sanctioned y the government.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: nelson4lov on August 18, 2023, 10:46:53 PM
Is regulations among the key factors that affects the price of Bitcoin

For now, yes. But as time passes, I doubt it would still remain a major factor that affects the price of Bitcoin. Regulation introduces control and constraints which are part of reasons why bitcoin was created in the first place. In the short term, regulation will play a part because industry leading orgs and major investors won't touch it if the regulations around bitcoin is too strict especially in countries like the United States but I know that at one point it would lose its relevance as the technology becomes more mature.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: Ale88 on August 18, 2023, 11:00:54 PM
Is regulations among the key factors that affects the price of Bitcoin
Unfortunately, yes. Regulations play a big role because of course if bitcoin was declared illegal many people should (theoretically) get rid of it, that means selling it. At the same time it looks like that the majority of the countries don't see bitcoin as some kind of threat so if they didn't ban it in the past it's very unlikely that they will do it now.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: Woodie on August 18, 2023, 11:34:39 PM
Is regulations among the key factors that affects the price of Bitcoin
Of course Regulation is very much a key factor in the success of bitcoin in these markets! Why do I say so, well when it comes to investments...no investor wants to put money in an asset that has no protection of the law should things go south and besides..because the bitcoin model is centered around the border of supply and demand, legally recognized bitcoin means demand will be available which translates into price going up...if it were illegal very few users will not want to associate themselves with an asset that will get them in trouble with the law, which means low demand. So from this, it's evident that regulation can come with its benefits though with or without it BTC can succeed!


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: PX-Z on August 18, 2023, 11:36:09 PM
Nope. Don't think so.

Regulation is the last thing that would affect the current price of bitcoin.
As for the question of OP and with your supporting answer (not your Nope. Don't think so), it's a yes as it's one of the factors that affect bitcoin price.

I don't need to explain more since the answer is obvious.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: bussybuddy on August 19, 2023, 05:01:27 AM
The majority of governing rules and various factors can affect the value of Bitcoin. The cryptocurrency market is operating in a very complex environment and it is impossible to predict exactly which factors will have the greatest impact. Government regulation, commercial acceptance, instant information technology, and many other factors all interact and create fluctuations in the Bitcoin price.

Nor should we ignore market sentiment, as investor and user reactions can also contribute to the rise or fall of Bitcoin's price. The cryptocurrency market is particularly sensitive to news and events, and the analysis of all these factors can give an overview of the market situation and predict the possibilities.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: DapanasFruit on August 19, 2023, 06:07:49 AM


Regulations and how they are implemented can be a two-edged sword affecting the price of Bitcoin and the whole cryptocurrency industry for that matter. In many cases, when the industry is looking at a regulation to be good and can be helping it, then it would be welcomed as a good news hence it can mirror some positive effect, otherwise it would be getting the other side of the coin. Generally, regulations means recognizing the industry hence they are taken as important step towards more solid adoption of cryptocurrency most especially Bitcoin.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: kryptqnick on August 19, 2023, 02:29:27 PM
A lot of people seem to agree that regulation has significant impact on the price, at least as long as we're talking about a country that has a big economy and carries a lot of influence. But to me, it's not about the regulations as much as it is about the news. Remember that time in 2018 when the news was circulating that South Korea is restricting Bitcoin usage? It wasn't even true, I think, but the rumours were big enough to contribute  (or at least strongly correlate with) to the rapid decline of the price at the beginning of 2018. And sometimes bills are introduced but don't have much effect. So I think it's more about how it's covered by the media than about the actual legislation.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: Despairo on August 19, 2023, 03:14:11 PM
Although there are many people who interested in Bitcoin due to decentralization and pseudonymous, but we can't deny the number of people who aren't interested in Bitcoin because it's not regulated and supported by the government are more than them. Regulation isn't the key factor that affect Bitcoin price, but obviously a clear regulation and convince people to be safe to invest in Bitcoin do give a big effect.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: eightdots on August 22, 2023, 10:01:51 PM
Is regulations among the key factors that affects the price of Bitcoin

Of course. Regulations affect many things. Institutions or individuals who will invest in Bitcoin make their investments within the framework of these regulations. There are many factors that can determine the Bitcoin price. These regulations may also include decisions that drive Bitcoin adoption. This can have a positive effect on the price. At the same time, we can see that the price decreases in the face of a negative regulation.

The investor can buy Bitcoin according to his own decision, but he decides by being affected by the events and regulations.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: Flexystar on August 23, 2023, 02:49:15 PM
Is regulations among the key factors that affects the price of Bitcoin

Well it has many case scenarios but one that we should understand is how everything works in this world. First regulations can not be implemented just right away all over the world. There hundreds of countries using Bitcoin and every country has their own set of rules and also they have their own decision making power. For example it may happen that what Germany think might not be right in the perspective of England or US. In similar ways it is highly impossible that every country will apply the same rules. Even with the experience of G20 meeting where India did brought the Bitcoin regulations, it doesn't mean it has been overruled everywhere. In fact there are countries on the other hand like Arab's who are adopting the Bitcoin in whole new perspective, similar goes to the Japan also.

So is it possible bitcoin will get affected? Yes, definitely it will get affected but there will always be one part of the world that will be taking it in positive way so Bitcoin will continue to thrive. It's all about the balancing and due to decentralization it has slippery roads.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: Yudhisthir on August 23, 2023, 02:59:38 PM
Is regulations among the key factors that affects the price of Bitcoin

Price of bitcoin is volatile and any related or non related news can move it to a bit in any direction. Regulations do make it harder for people to buy and sell bitcoin. It increases the financial risks and tax related concerns for normal people. Even for a bitcoin enthusiast, it could mean an unnecessary hassle just for holding bitcoins.
I have even seen crypto millionaires leaving their country to a crypto friendly jurisdiction just to keep their crypto business afloat. But with rising tightening of laws in favor of tracking and taxing crypto, the world could move towards global approaches against crypto.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: Blitzboy on August 24, 2023, 04:31:30 PM
Is regulations among the key factors that affects the price of Bitcoin

Well it has many case scenarios but one that we should understand is how everything works in this world. First regulations can not be implemented just right away all over the world. There hundreds of countries using Bitcoin and every country has their own set of rules and also they have their own decision making power. For example it may happen that what Germany think might not be right in the perspective of England or US. In similar ways it is highly impossible that every country will apply the same rules. Even with the experience of G20 meeting where India did brought the Bitcoin regulations, it doesn't mean it has been overruled everywhere. In fact there are countries on the other hand like Arab's who are adopting the Bitcoin in whole new perspective, similar goes to the Japan also.

So is it possible bitcoin will get affected? Yes, definitely it will get affected but there will always be one part of the world that will be taking it in positive way so Bitcoin will continue to thrive. It's all about the balancing and due to decentralization it has slippery roads.
There has never been, and never will be, national uniformity in regulations. The various geopolitical entities that make up our world, each with their own egos and self-serving goals, define it.

Every country, including the US, UK, and Germany, sees Bitcoin through a different set of concerns and interests. The G20 summit? Haha! merely an exhibit. What India is doing is a drop in the ocean. While they argue, governments like Saudi Arabia and Japan are ahead of the curve and have recognized the potential of Bitcoin. They have a broader perspective.

It is quite naïve of you to try and talk about the "balancing" of Bitcoin's influence. Both Bitcoin's greatest asset and its worst weakness is its decentralization. But what's the deal? Bitcoin may rise and fall, but it is here to stay, much like the unstoppable tide of history. And to any nation defying? They'll be buried by the advancement's dust.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: CryptSafe on August 24, 2023, 05:15:12 PM
In as much as regulations has its own side effects on crypto and also a tool by the government to control the crypto activities, it does not effect the price of bitcoin. Bitcoin is beyond government control as it is decentralize in nature and nobody controls the market. I can say this that the major factors that really can effect the bitcoin price is the demand and supply factor in the sense that the " higher the demand, the higher the price" and another is the supply which when the supply is high the price drops but when limited, the prices soars high but in the case of bitcoin, there are only 21 million in total supply and out of this only 19,466,725 BTC (https://coinmarketcap.com/currencies/bitcoin/) are in circulation according to the cmc statistics and out of this numbers in circulation some are being locked up and some are lost as well. So saying about regulations on bitcoin is a case of one chasing shadows they can not catch.

With respect of banning of bitcoin, fine the government can ban bitcoin but that I think can not affect the bitcoin market in the sense that p2p exists and trading would continue to go on irrespective of government actions against bitcoin. Smart government would rather  tap into the bitcoin economy very fast than being left behind technological innovation trend to build and sustain their economy.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: Wimex on August 24, 2023, 09:54:09 PM
Is regulations among the key factors that affects the price of Bitcoin

 The fact that the adoption of bitcoin can influence its price may not yet be so evident, since there are very few countries that have accepted this asset and have allowed it to circulate legally, in addition to the time to analyze and drawing a conclusion is still very minimal, therefore, it is possible for some to think that the regulation of this currency does not have any noticeable impact on the price, but if we start to think about everything we have learned since the creation of bitcoin, we will realize how important it is that this continues to happen around the world, for the simple reason that bitcoin moves positively when there is a considerable flow of users using it, buying it and even storing it, which can cause the rises to come back to historical values, of course there may be other factors that can help this to happen... but i still think that if more people put their eyes on btc and realize its potential, everything will flow more quickly.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: usekevin on August 24, 2023, 11:02:27 PM

 The fact that the adoption of bitcoin can influence its price may not yet be so evident, since there are very few countries that have accepted this asset and have allowed it to circulate legally, in addition to the time to analyze and drawing a conclusion is still very minimal, therefore, it is possible for some to think that the regulation of this currency does not have any noticeable impact on the price, but if we start to think about everything we have learned since the creation of bitcoin, we will realize how important it is that this continues to happen around the world, for the simple reason that bitcoin moves positively when there is a considerable flow of users using it, buying it and even storing it, which can cause the rises to come back to historical values, of course there may be other factors that can help this to happen... but i still think that if more people put their eyes on btc and realize its potential, everything will flow more quickly.

The new country start to adopt the bitcoin,because they learned how important is bitcoin to their economy.The new countries legalising the bitcoin to get taxes from from the trading made by their citizen.When the country people start to earn without paying taxes,after research the government of that country start to legalised it.After legalised mostly that country will start their own cryptocurrency to make sure they want additional income from the country own digital currency to the crypto traders.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: taufik123 on August 24, 2023, 11:12:57 PM
The new country start to adopt the bitcoin,because they learned how important is bitcoin to their economy.The new countries legalising the bitcoin to get taxes from from the trading made by their citizen.When the country people start to earn without paying taxes,after research the government of that country start to legalised it.After legalised mostly that country will start their own cryptocurrency to make sure they want additional income from the country own digital currency to the crypto traders.
But it is not easy to legalize Bitcoin in some governments, it will undergo several stages so that the regulations given can be appropriate.
In some developing countries Bitcoin or crypto is only a commodity tool and should not exceed it.

The reason may be that crypto is very volatile and still risky, and they cannot fully control it.
The application of taxes has certainly been applied to several local exchanges which of course must deposit the identity of all exchange users and no one will escape the imposition of income tax from crypto.

Whether or not Bitcoin or crypto is important for the country's economy must see how crypto impacts all sectors of the economy, whether users are more interested in crypto or not. It is only necessary to ensure that people become active crypto users and the economic turnover is fast enough.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: wxa7115 on August 26, 2023, 02:59:07 AM
Is regulations among the key factors that affects the price of Bitcoin

Price of bitcoin is volatile and any related or non related news can move it to a bit in any direction. Regulations do make it harder for people to buy and sell bitcoin. It increases the financial risks and tax related concerns for normal people. Even for a bitcoin enthusiast, it could mean an unnecessary hassle just for holding bitcoins.
I have even seen crypto millionaires leaving their country to a crypto friendly jurisdiction just to keep their crypto business afloat. But with rising tightening of laws in favor of tracking and taxing crypto, the world could move towards global approaches against crypto.
It is likely this is the posture many governments will take against bitcoin and the market in general, but it is impossible that every government does it, at the end governments are opponents and it is impossible for every single government out there to deny themselves the chances of making money with this market.

Just take a look at tax havens, powerful countries all over the world have tried to force tax havens to charge as much taxes as they do in order to leave rich people with no place to go and play by their ridiculous rules, but they refuse as there is simply too much money on the table up for grabs, this market is the same and there will always be countries interested in offering incentives for bitcoin holders to move there.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: AprilioMP on August 26, 2023, 03:40:43 AM
Is regulations among the key factors that affects the price of Bitcoin
Not so influential even though certain country regulations also have an effect on prices such as regulations from the United States and countries with great influence in the world of international trade.
Usually, too many regulations will make it difficult for trade actors, one of which is in the licensing sector and several restrictions.

In this regard, some countries are quite sensitive to bitcoin so that not a few have tightened the rules and even banned it so that investors and traders find it difficult.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: worle1bm on August 26, 2023, 05:12:19 AM

 The fact that the adoption of bitcoin can influence its price may not yet be so evident, since there are very few countries that have accepted this asset and have allowed it to circulate legally, in addition to the time to analyze and drawing a conclusion is still very minimal, therefore, it is possible for some to think that the regulation of this currency does not have any noticeable impact on the price, but if we start to think about everything we have learned since the creation of bitcoin, we will realize how important it is that this continues to happen around the world, for the simple reason that bitcoin moves positively when there is a considerable flow of users using it, buying it and even storing it, which can cause the rises to come back to historical values, of course there may be other factors that can help this to happen... but i still think that if more people put their eyes on btc and realize its potential, everything will flow more quickly.

The new country start to adopt the bitcoin,because they learned how important is bitcoin to their economy.The new countries legalising the bitcoin to get taxes from from the trading made by their citizen.When the country people start to earn without paying taxes,after research the government of that country start to legalised it.After legalised mostly that country will start their own cryptocurrency to make sure they want additional income from the country own digital currency to the crypto traders.
They can put taxation on the trading without even legalizing it because if you sell and get money in your accounts it will be treated as income so they will get tax from you so it will be much beneficial for them to get more money as tax if they legalize it or put regulations in it but their own digital currency would be of no much use in my opinion.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: irhact on August 26, 2023, 09:07:50 AM
Is regulations among the key factors that affects the price of Bitcoin

Of course. Regulations affect many things. Institutions or individuals who will invest in Bitcoin make their investments within the framework of these regulations. There are many factors that can determine the Bitcoin price. These regulations may also include decisions that drive Bitcoin adoption. This can have a positive effect on the price. At the same time, we can see that the price decreases in the face of a negative regulation.

The investor can buy Bitcoin according to his own decision, but he decides by being affected by the events and regulations.

You have spoken well because regulations are the laws that govern us and influence our decisions. If bitcoin was banned in our country, many of us won't have invested in it because we won't want to disobey the laws of our country but because bitcoin isn't banned we're free to invest in it. The decision of the government through regulations affect the decision of institution investors to invest in Bitcoin or not as they too won't want to disobey the laws.

We have so many factors that affect the price of Bitcoin and regulation is one of them, we also have adoption as without adoption Bitcoin won't have value. Regulation isn't a key factor as Bitcoin can't be regulated directly but the exchanges that are centralized can be regulated.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: Alpha Marine on August 28, 2023, 09:49:39 PM
I remember when China announced its ban on Bitcoin, the price of Bitcoin dropped drastically. Then when Japan announced that

Bitcoin was legal tender, and the price of Bitcoin went up.
Regulations affect the price of Bitcoin, but it's kind of limited because the regulations are made for a particular country, and unlike fiat, Bitcoin is an international currency. The regulations of a particular country might affect the price of Bitcoin but it is limited.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: _BlackStar on August 28, 2023, 10:26:06 PM
I remember when China announced its ban on Bitcoin, the price of Bitcoin dropped drastically. Then when Japan announced that

Bitcoin was legal tender, and the price of Bitcoin went up.
Regulations affect the price of Bitcoin, but it's kind of limited because the regulations are made for a particular country, and unlike fiat, Bitcoin is an international currency. The regulations of a particular country might affect the price of Bitcoin but it is limited.
Of the many factors that influence bitcoin price volatility – regulation is one of them. It is true that government regulations play a role in the volatility of bitcoin prices in the market - but only temporarily. Bitcoin is completely independent of country regulations - so it would be unwise to say that it will be badly priced in the long term. Because bitcoin are freely traded - of course their volatility is highly dependent on supply and demand.

A friendlier regulation is certainly expected – in fact I really hope that many other countries will follow El Salvador's lead in the future. Adoption is expected to be more so it will gradually make bitcoin stronger and mature.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: lionheart78 on August 28, 2023, 10:49:41 PM
I remember when China announced its ban on Bitcoin, the price of Bitcoin dropped drastically. Then when Japan announced that

Bitcoin was legal tender, and the price of Bitcoin went up.
Regulations affect the price of Bitcoin, but it's kind of limited because the regulations are made for a particular country, and unlike fiat, Bitcoin is an international currency. The regulations of a particular country might affect the price of Bitcoin but it is limited.

There is no doubt that regulation affects the sentiment of the market.  If there is a swing of sentiment we can see the changes in the demands and sell walls on the market.  Regulation can propel or negate Bitcoin adoption and is maximized depending on how the news is hyped creating investors to get interested to add more funds to the Bitcoin market.

So with the stated effect, we can say that government regulations play a huge part in the demand for Bitcoin that can directly affect the Bitcoin price in the market.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: tbct_mt2 on August 29, 2023, 12:37:05 AM
There is no doubt that regulation affects the sentiment of the market.  If there is a swing of sentiment we can see the changes in the demands and sell walls on the market.  Regulation can propel or negate Bitcoin adoption and is maximized depending on how the news is hyped creating investors to get interested to add more funds to the Bitcoin market.

So with the stated effect, we can say that government regulations play a huge part in the demand for Bitcoin that can directly affect the Bitcoin price in the market.
Regulations are biggest fear type in Bitcoin and cryptocurrency market that is young and not yet fully regulated with enough regulations. So more new regulations might come in future, will be enforced by governments so that Bitcoin and cryptocurrency investors are very sensitively affected by regulatory news.

Whales and market manipulators use such news to fud the market, create fear, uncertainty and doubt among investors and traders then sometimes they pull the trigger to force liquidate positions of greed people who over leverage for their positions.

About sentiment of the market, Fear and Greed index is good to use.

  • Bitcoin Fear and Greed Index
    • https://www.lookintobitcoin.com/charts/bitcoin-fear-and-greed-index/ (https://www.lookintobitcoin.com/charts/bitcoin-fear-and-greed-index/)
    • https://alternative.me/crypto/fear-and-greed-index/ (https://alternative.me/crypto/fear-and-greed-index/)
    • https://studio.glassnode.com/metrics?a=BTC&m=indicators.FearGreed (https://studio.glassnode.com/metrics?a=BTC&m=indicators.FearGreed)


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: xSkylarx on August 29, 2023, 01:03:40 AM
I remember when China announced its ban on Bitcoin, the price of Bitcoin dropped drastically. Then when Japan announced that

Bitcoin was legal tender, and the price of Bitcoin went up.
Regulations affect the price of Bitcoin, but it's kind of limited because the regulations are made for a particular country, and unlike fiat, Bitcoin is an international currency. The regulations of a particular country might affect the price of Bitcoin but it is limited.

Though there were other factors at that time when China banned it and the price dropped, that is one of the reasons why. Also, just imagine that all of the countries right now will ban Bitcoin, and for sure the price will drop because people will be forced to sell their Bitcoin and they can't buy it back because of those regulations. That is why it is a big factor, and right now adoption is increasing, which is why we do hope that the price will increase because of that.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: Gallar on August 29, 2023, 01:31:00 AM
Is regulations among the key factors that affects the price of Bitcoin
Yes, it can influence. Because with regulations imposed by a community or a government in a country, usually this will definitely affect the bitcoin market price. Moreover, the regulations are made by big countries, such as the United States and China. Surely that way bitcoin price movements will be affected. Why does this have an effect? that's because all of that relates to what is called supply and demand in the bitcoin market. Because if for example in a country, bitcoin is strictly prohibited from being used as an investment asset for the people, even though before the regulation was in place, many people in that country invested in bitcoin. But with the existence of prohibition regulations in that country, people are forced to stop investing in bitcoin and for example sell all their assets.

Now, it is clear that the price of bitcoin will most likely go down, because many people are selling bitcoin assets in that country (example). Then suppose for positive regulations about bitcoin, such as a country that adopts bitcoin as a payment system, for example el Salvador. With these regulations, it is likely that the price of bitcoin will increase.
So in that way it is certain, that a regulation will indeed affect the bitcoin market price. Because we cannot deny that we all live in a rule. Whether it's government regulations or regulations from other things. And so is bitcoin, in every country, there must be different regulations, even though most of them are almost the same.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: franky1 on August 29, 2023, 01:44:48 AM
I remember when China announced its ban on Bitcoin, the price of Bitcoin dropped drastically. Then when Japan announced that

when china banned bitcoin mining and forced a majority of miners to stop mining. the value element of bitcoin dropped causing the speculative element of the retail market to drop

also though people pretend that treating bitcoin as currency was the cause of the 2013 ATH, everyone else knows it was the roll out of asics to replace FPGA/GPU mining. which changed the mining cost value of bitcoin which then caused the market rate to change too. it was also the standard cycle of the 1 year after halving event that also added to the reasons of the 2013 ATH. as noted by the 2017 and 2021 ATH being caused by the year after halving events.

yep many asic farms dont daily audit cost vs coin acquisition. instead they sign up to 12-24month electric contracts and then just mine non stop. at the end of the contract and start of a new contract they then assess the amount of coin accumilated vs cost of the accumilation to then (when setting the next electric supply contract) decide on a selling price for the coin.
this usually happens one year after halving


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: kro55 on August 29, 2023, 03:31:16 AM
I remember when China announced its ban on Bitcoin, the price of Bitcoin dropped drastically. Then when Japan announced that

Bitcoin was legal tender, and the price of Bitcoin went up.
Regulations affect the price of Bitcoin, but it's kind of limited because the regulations are made for a particular country, and unlike fiat, Bitcoin is an international currency. The regulations of a particular country might affect the price of Bitcoin but it is limited.

Though there were other factors at that time when China banned it and the price dropped, that is one of the reasons why. Also, just imagine that all of the countries right now will ban Bitcoin, and for sure the price will drop because people will be forced to sell their Bitcoin and they can't buy it back because of those regulations. That is why it is a big factor, and right now adoption is increasing, which is why we do hope that the price will increase because of that.


But the scenario of all governments joining forces to ban bitcoin is almost impossible. As we can also see, countries are competing with each other very fiercely, especially the major powers, so it is unlikely that all countries will ban bitcoin at the same time. But it is also undeniable that regulations greatly affect the price of bitcoin especially if that regulation comes from countries with major economies in the world like the US or China. Indeed, regulation is one of the barriers or can also be a catalyst for the price of bitcoin.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: Solokan on September 06, 2023, 08:03:28 AM
Yes, regulations are one of the factors that influence the price of Bitcoin, for example the government of a country allows its people to invest in BTC, then of course this will have the potential to have an impact on the price of BTC. and if in a country the government prohibits its people from investing in btc then it will definitely have the potential to affect the price of btc.

and that's one of the factors that influence the price of BTC that I know, and I'm sure there are many more factors that influence the price of BTC that I personally don't know about.


Title: Re: Is regulations among the key factors that affect the price of Bitcoin
Post by: icalical on September 06, 2023, 01:04:56 PM
Is regulations among the key factors that affects the price of Bitcoin

Not directly, but certain countries create regulation and policy related to Bitcoin will have butterfly effect, one of which is how the adoption of Bitcoin by big companies, especially if the company reside and is subjected to the policy or regulation. And Company adoption to Bitcoin will certainly affect the sentiment toward Bitcoin and will affect the Bitcoin price. Not only Big company, Bitcoin 'retail' user will also affected by certain countries regulation if they subjected to the regulation.

That being said, Government regulation is not the sole factor, not even the biggest factor of Bitcoin price. There are other factors like economic condition, mainstream adoption, etc.