Bitcoin Laws Imminent

[Helge44]

Exchanges seems to be like the easiest target, dealing with all that money.

[Mantisa83]

With Bitcoin you can place an order to buy or sell and the price can jump up or down in an instant and transaction fees are starting to get on the greedy side. Personally, I made some money early by buying Bitcoin at $400.00 CDN and taking money off the table as the price was rising meteorically.

[Nkan25]

Regulation and laws follow after something that hasn't been regulated starts to gain popularity. The pro is that more financial institutions will invest because of these rules but it means we pay more in terms of taxes.

[Helge44]

Exchanges seems to be like the easiest target, dealing with all that money.

[artemchernov503]

Given that the unstable bitcoin course overcame a mark of 11,000 dollars for a week, what is the risk of this currency, which Goldman Sachs now regards as a "commodity"?

[fromnicetoevil]

A lot of countries will put laws in place for the regulation of bitcoin and other cryptocurrencies but they will not ban it. The bitcoin market as it is now is very prone to insider trading so there will be laws put in place to stop things like that from happening and keep a group of people from being able to sway the market to their favor

[kache2018]

How is this possible? Isn't bitcoin decentralized? Seriously speaking, I think this will be hard to materialised (in the near future might be possible). How can they make a law when even bitcoin users have their freewill to do transactions? Can you give us a valid source for these? Law per se, is government approved. If so, the government has partly taken control of bitcoin? Just saying thoughts here.

[ekaterinastrelnikova505]

A certain cost bitkoyam gives people confidence in them, no more, no less. If a lot of people think that a crypto currency has value and are ready to receive / give it away for real goods and services, it means that it is.

[bitcoinpeople3]

True. There has to be some laws in place I believe to regulate the market so it will be more harder to manipulate than it is now.

[Minerall]

Yes, cryptocurrency laws sometimes disappoint because a person is offered to pay for things that don't have to be paid for. They regulate cryptocurrency as they want.