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Author Topic: What happens if BTC gets regulated?  (Read 2132 times)
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September 29, 2017, 03:37:48 PM
 #101

Globally there is no clear consensus for Bitcoin regulation. The bottom line is across the world there is no clear consensus on how to regulate the peer-to-peer cryptocurrency. The fact of the matter is it will be a continuous uphill battle for bureaucrats. It’s been eight years with people doing what they want with their wealth, and bitcoin technology has enabled this. However, that doesn’t mean governments will stop trying to enforce regulations. In fact, the nation-states will try harder as each, and every one of them will feel bitcoin’s economic disruption.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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September 29, 2017, 04:38:28 PM
 #102

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

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September 29, 2017, 04:46:36 PM
 #103

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

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September 29, 2017, 04:57:59 PM
 #104

Hello,

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


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

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


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

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September 29, 2017, 05:06:05 PM
 #105

Hello,

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


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

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




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

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September 29, 2017, 05:15:34 PM
 #106

Hello,

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


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

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




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

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September 29, 2017, 07:10:29 PM
 #107

Hello,

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


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

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



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

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October 01, 2017, 12:44:57 PM
 #108

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

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October 01, 2017, 12:46:24 PM
 #109

prices will grow up again an again..

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October 01, 2017, 12:58:40 PM
 #110

Hello,

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


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

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



If it gets regulated there would be more investors who would join btc. Because there are people especially investors who like to invest in btc but are afraid of dojng so because it isn't regulated. If that happens then it will just be the beginning of a wonderful time for us. We might see all time highs on a daily basis due to the increase of demand in btc.
for sure if people will learn about btc and government start implementing rules more people will decide to invest and the price will surely goes up even more, its not true that if government will begin to ask some taxes our from this business people will stop or will quit crypto instead more people will be
getting more curious and they will begin to realized that this investment is really a serious system that will allow us to gain just by holding some coins.

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learner 7
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October 01, 2017, 01:28:59 PM
 #111

Hello,

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


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

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



If it gets regulated there would be more investors who would join btc. Because there are people especially investors who like to invest in btc but are afraid of dojng so because it isn't regulated. If that happens then it will just be the beginning of a wonderful time for us. We might see all time highs on a daily basis due to the increase of demand in btc.
for sure if people will learn about btc and government start implementing rules more people will decide to invest and the price will surely goes up even more, its not true that if government will begin to ask some taxes our from this business people will stop or will quit crypto instead more people will be
getting more curious and they will begin to realized that this investment is really a serious system that will allow us to gain just by holding some coins.

Tell me please how do you need bitcoin in regulation? If so, what kind of regulation is needed for bitcoin?
And who do you think should be regulated by the bitcoin community or the government or a third party?
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October 01, 2017, 01:49:28 PM
 #112

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



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October 01, 2017, 02:08:23 PM
 #113

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

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October 01, 2017, 02:10:58 PM
 #114

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

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October 01, 2017, 02:12:51 PM
 #115

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

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October 01, 2017, 02:36:47 PM
 #116

Hello,

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


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

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





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October 01, 2017, 02:40:50 PM
 #117

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

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October 01, 2017, 02:58:11 PM
 #118

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

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

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October 01, 2017, 03:08:07 PM
 #119

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

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October 01, 2017, 03:09:22 PM
 #120

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

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