How do you feel about market regulation?

[rickadone]

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

for traders, regulations actually really help us to trade in different countries, with our regulations being taxed I don't think it is a problem either because indeed every business wherever we are will always be taxed, and as good citizens are taxpayers, every businessman who fear of tax usually uses unclear money, it can be money from crime or money laundering, so don't be afraid that bitcoin will have a regulatory system in each country, because the existence of bitcoin will be legal.

Practically, regulation is more like an approach of trying to make things a lot more matured and interesting as we get to see the market being less likely manipulated. Yes, regulation always come with its own disadvantages too, but in a lot of ways, it actually helps hugely when it gets to the area of trying as much as possible to get the best of the market and play with it, without at least having to worry about some whale pump or dump.

Also, considering the fact that a lot of big investors on regulation, will find it easy to want to invest in the market, simply makes more money to get ushered into the space as the case may be.

[Alex_Zi]

I fill not good about it))) Because market with regulation looks like cage - control from governments and national banks. Also we will get new fees, taxes and so on.

[rickyNmorty]

Anyway, it would be appropriate to have several non-profit organizations to be so-called market-regulators. It may increase the trust for newcomers, I guess.

Probably it is, but then the regulations are made by the government. Everything is under their control therefore if the crypto currency wanted to be legitimate then the government is the key, but then it is not necessary to have this, but then it is also important to the part of users.

[KnightElite]

It is good that the governments are now creating regulations about cryptocurrencies. The regulations have good effect because it can protect the users from scammers and hackers.

[bangkit tri]

It is good that the governments are now creating regulations about cryptocurrencies. The regulations have good effect because it can protect the users from scammers and hackers.

of course in my thinking, there will be fewer and fewer frauds, which are happening a lot now. I think that with that, there will be more investors because it is safer for them to participate

[pharaon]

I fill not good about it))) Because market with regulation looks like cage - control from governments and national banks. Also we will get new fees, taxes and so on.

You are right, many people do not understand that if the government begins to regulate the cryptocurrency market, control for investors will be tightened too, so you need to think carefully before you are happy with government regulation of the market.

[indrakusumaindra]

I think regulation are necessary in crypto space and it will bring a good things and also with a good regulations it will bring more investors into crypto cause i believe regulations are made to protect the investors from fraud and scam that could be happen really easily in crypto space.

[jatin729]

Yes market regulation should be there so people trust factor will increase toward crypto, now we have wallets and exchanges but none of them are regulated if something fraud happen than whom will be report. Like in banks we have money stored if something happen than we will have bank manager, than ombudsman or we have main Central bank to resolve the issue.
Also in commodity trading market controlled by central authority to make the trust factor in between the people and ensure fraud free trading. But In crypto trading we have not seen any exchanges which offer by government of any countries these all are private exchanges..

[AAlex48]

At the moment I buy, and I will wait for regulation, so that it can not be manipulated.

[posi]

maybe if that happens, investors' interest will decrease if regulation does not harm and makes it safe and comfortable in investing, I think investors may not feel burdened, they will certainly be well received.

No bro, investor’s interest will only increase with regulation, bigger players will get to tap into the market, knowing at least, the market has a government backing and there is no need worrying about what will be happening in the next few years.

For now, a lot of things are not pretty clear to a lot of people, but regulation in a way is more like stamping the market into existence for a lot of people who are skeptical about the government’s approval to at least manage to get into it once that happens. Institutions may have been in the market now, but the main reasons we have not seen more is simply because they are trying to play the safe card.

You have proof your point which I also comply with concern the regulations of the market to keep the investors interest but we must also put in check the possibility of the government trying to control the market for their selfish reason and the last time I check nothing was do to stop fake ICOs in other to protect the investors interest.

[biletskiy]

Bitcoin is obviously manipulated but not regulated
Bitcoin being manipulated by the whales has disadvantages to newbies and small players lacking knowledge
Bitcoin being regulated has the advantages of protecting investors
I am really inbetween

Oh, some people call this manipulation a regulation. I am not sure that the decentralized cryptocurrency can be regulated ever. The number of Bitcoins is limited. No one can create BTC after 21 million limit is reached.

[airdropcoin]

It seems impossible to achieve now. I don't know how the government will regulate bitcoin in the future. Now I can't imagine Bitcoin to be regulated in the future. The birth of any technology will not lead to the regulation of bitcoin. Maybe they can supervise the ICO.

[chenille]

Market regulation is important to improve the security for normal investors. Especially scammers and criminals take advantage of it in scam ICOs or endangering Newbies. It's always good to protect citizens from scammers by regulation but another part is education. If you are educated you'll be better prepared against scams. 

Of course it's not necessary to regulate everything in a decetralized system and it's good to have it decentralized. But to regulate the main problems is a good beginning.

[Vektrum]

It is impossible and apparently impossible to regulate the cryptocurrency market. Even the price domination of Bitcoin, I believe, causes great harm to the development of cryptocurrency. We can really see how the development of Altcoins is depressed by the fall in the Bitcoin price this year. I am in favor of the fact that the cryptocurrency was not only decentralized, that is, did not have a single control center, but also that no one put price pressure on it. Then it will develop freely and its price will depend only on its utility and functionality.

[Chachacoin17]

I fill not good about it))) Because market with regulation looks like cage - control from governments and national banks. Also we will get new fees, taxes and so on.

The regulation in the market is natural and it makes us guided if we are going to deal with it. The purpose of this is to know what are we going to do. Yes the government has its own banks and it is functional in bitcoin it has its own wallet too just to keep all the cryptos in safe way around.

[Youghoor]

everything should be regulated to avoid scams.

This is normal, like in every market, it should be regulated (currencies, bonds, properties, anything that can be traded *bought or sold*)

And if it is not regulated, then it should not be open for everybody.

Crypto was made like anti-real money
All real money regulated
And now, the market just need regulation of scam, not all this field

that would be the perfect goal, but how would this work in practice rather in theory?

[Capt00]

Basically and Frankly speaking, I really felt disappointed in my little investment in crypto since when the last price movement we are still having our losses. Because of Bitcoin price now was so drastically down in the ground, I think if we compare that price last year versus today.
Market regulations were always there, nothing I fell.

[pedangrusak]

cryptocurrency for me is financial freedom and the market to conduct transactions without goverment interference. I understand if the tax is imposed on deposits and withdrawals to fiat in each country but not more than that

[boled]

I'm not sure about this topic, about bitcoin or about the market. but if it's about the market, I think it's very important if you have a legal umbrella. This is to protect users like us. Likewise with bitcoin and other crypto coins, it requires legality, either as an asset or as a means of payment such as FIAT.

[spongegar]

I think market regulations, when executed properly, eases the minds of investors and Ultimately encourages more new investors to place their stake in a more secured market rather than the wild wild west of a market that we have where an ICO will be gone without even a peep. Then again, i said that regulations must be executed properly.