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Author Topic: How do you feel about market regulation?  (Read 2766 times)
pungopete468
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February 02, 2019, 12:31:55 PM
 #241

Actually a regulation is a must for every country. so regulation can make people feel comfortable. more market now is very risky against hacking. and in my opinion this is something that must be considered in every country regarding the development of bitcoin


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February 02, 2019, 11:30:54 PM
 #242

Actually a regulation is a must for every country. so regulation can make people feel comfortable. more market now is very risky against hacking. and in my opinion this is something that must be considered in every country regarding the development of bitcoin
For me this is going to be so terrible because it will make validity for each investor so limited instead of making developments governments will alter the value of price and availability apart from it government will implement tax on bitcoin, for me it is not good and not possible as well because bitcoin is a decentralized and independent investment.

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February 03, 2019, 01:55:58 AM
 #243

It would be better if bitcoin doesn't get regulated.But no government would be ready to allow it to continue without regulation.But we should also not forget that Japan government's regulation has made it widely accepted in Japan.

Like or not, regulation need for bitcoin. With regulation, many benefits bitcoin could reach. For example, bitcoin can trade legally in local exchanger and can use as currency in merchant. With regulation from government, investor must be more confident

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February 03, 2019, 05:34:51 AM
 #244

Government are creating laws and regulations about cryptocurrencies because they only doing their job to protect their citizens. In my country, the cryptocurrencies are now legalized to use but our government always reminding us to always be careful due to high risks and also due to scammers and hackers.


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February 03, 2019, 06:42:20 AM
 #245

Regulation in my opinion is important to be able to make users feel safe when indeed the market already has permission from a legality in a country. and also the state apparatus should also be able to pay more attention to the current market


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February 03, 2019, 10:11:59 AM
 #246

No matter how the government tries to regulate cryptocurrency, they will not succeed. The blockchain system itself will not allow this. Of course, they can try all sorts of laws, but this will only help to establish a cryptocurrency.

I agree with your opinion because no one is in control of any blockchain-based cryptocurrencies. Imposing a regulation to any decentralized virtual currency is not possible but the government might turn to many cryptoexchanges to control or limit the flow of transactions. Majority of the exchanges are centralized so it is easy for them to impose a regulation. I'm not against regulation as long as its aim is to protect the crypto users from scams and other illegal use of cryptocutmrrencies.
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February 03, 2019, 06:48:37 PM
 #247

Never ever. And impossible. Period.
 Thank you Smiley.
all possibilities can happen and no one can know for sure if with the development of regulation there is a possibility that legality will occur as well and if the regulation makes the development of crypto currencies better it might be acceptable to investors well
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February 03, 2019, 07:30:13 PM
 #248

Despite the fact that the bitcoin network can fend for it self due to it decentralized nature the fact still still remains that it still need some form of regulations in other to give it the legal identity it deserve and secondly to prevent people being scam without ant trace but once it regulated the identity of users can easily be verified and scam being prevented.

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February 03, 2019, 07:35:51 PM
 #249

Never ever. And impossible. Period.
 Thank you Smiley.
all possibilities can happen and no one can know for sure if with the development of regulation there is a possibility that legality will occur as well and if the regulation makes the development of crypto currencies better it might be acceptable to investors well
Regulation can positively affect the future of cryptocurrencies. Their legality and formality can attract a huge number of common users and big potential investors.

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February 03, 2019, 07:51:12 PM
 #250

Bitcoin regulations is a good idea to help control against scam, market downflux or influx but at that moment I don't think it the best time for such because most governmental bodies are not legalizing cryptocurrency.

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February 03, 2019, 08:13:35 PM
 #251

Bitcoin regulations is a good idea to help control against scam, market downflux or influx but at that moment I don't think it the best time for such because most governmental bodies are not legalizing cryptocurrency.
Cryptocurrencies and control are two different things. When you ask such questions and suggestions you forget about the essence of cryptocurrency - decentralization.
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February 03, 2019, 08:46:24 PM
 #252

Market regulation gives users the legal support even if something go negative. In particular if a scam approach or a cheating took place with the name of cryptocurrency it can be taken to further investigation to the government. This takes off unwanted fear of common people who hesitate to get into cryptocurrency usage for these reasons.




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February 03, 2019, 09:02:48 PM
 #253

Market regulation gives users the legal support even if something go negative. In particular if a scam approach or a cheating took place with the name of cryptocurrency it can be taken to further investigation to the government. This takes off unwanted fear of common people who hesitate to get into cryptocurrency usage for these reasons.
How are you going to control the decentralized system? This is contrary to each other. And even if it is possible, then what is the meaning of cryptocurrency at all, if not freedom?
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February 03, 2019, 10:18:40 PM
 #254

usually rules are made to make things better, as long as the regulation does not overly restrict and suppress abuse for negative things, I agree, I think for now, it's far better than the government banning and making bitcoin illegal much worse

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February 04, 2019, 08:11:21 AM
 #255

usually rules are made to make things better, as long as the regulation does not overly restrict and suppress abuse for negative things, I agree, I think for now, it's far better than the government banning and making bitcoin illegal much worse
Correct, banning crypto will make everything we work hard for vanish.
They are being fair, we are under the government so we are under their watch, and since they saw that there are a lot of scams in the market, so they act to make this market regulated, however, it's still too early since they haven't fully regulate it yet, and maybe this is new to them since it's a decentralized market.

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February 04, 2019, 09:04:51 AM
 #256

There's been a lot of talk about submitting the Bitcoin economy to governmental regulation and, frankly, it scares the hell out of me. One of the reasons I'm so excited about Bitcoin is because it presents the same promise of a fully free market that cash does without all the problems surrounding a fiat currency.

Personally, I am strongly against Bitcoin regulation. I believe the market is completely capable of caring for itself and regulation would simply expand government intrusion into people lives. I can see no benefit and a lot of detriment.

What do you think? Do you think the Bitcoin economy should be regulated? If so, to what extent?

Rage
You have a point mate, but the issue here is, if we would like to see Bitcoin function as a currency which will be used on a daily basis in order to fulfil its goal, then governmental regulation is key. Bitcoin is now largely valued as an investment opportunity because people prefer to hold for some period of time till the price rise by an increase in its demand which is  normally caused by an exciting news. The question, how long will this exciting news keep hitting the market?

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February 04, 2019, 10:19:46 AM
 #257

There's been a lot of talk about submitting the Bitcoin economy to governmental regulation and, frankly, it scares the hell out of me. One of the reasons I'm so excited about Bitcoin is because it presents the same promise of a fully free market that cash does without all the problems surrounding a fiat currency.

Personally, I am strongly against Bitcoin regulation. I believe the market is completely capable of caring for itself and regulation would simply expand government intrusion into people lives. I can see no benefit and a lot of detriment.

What do you think? Do you think the Bitcoin economy should be regulated? If so, to what extent?

Rage

As of this date, there are regulated cryptocurrencies that is held by some wallets. So I would say that regulating cryptocurrency can be done by the government and we should accept it since it is for the good on cashless adoptation in the economy.

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February 04, 2019, 11:33:32 AM
 #258

There's been a lot of talk about submitting the Bitcoin economy to governmental regulation and, frankly, it scares the hell out of me. One of the reasons I'm so excited about Bitcoin is because it presents the same promise of a fully free market that cash does without all the problems surrounding a fiat currency.

Personally, I am strongly against Bitcoin regulation. I believe the market is completely capable of caring for itself and regulation would simply expand government intrusion into people lives. I can see no benefit and a lot of detriment.

What do you think? Do you think the Bitcoin economy should be regulated? If so, to what extent?

Rage

Sadly, the governmental regulation doesn't come in order to protect this decentralized ecosystem that bitcoin is the "father" of it. It is created in order to control this system and this is something that I hate of happening. This decentralized should not be regulated because it will lose its identity. I think that many of us have come to this economy to reap the benefits of decentralization and not just make another bubble economy such as the one that banks promote.

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February 04, 2019, 10:48:33 PM
 #259

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February 04, 2019, 10:59:45 PM
 #260

For me I think there's nothing wrong to put a regulation in bitcoin because all will benefited on it. Government wants to protect their peopke because we all know that decentralized is risky for every investor and bitcoin needs to a regulation so many merchants can use it legally...

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