How do you feel about market regulation?

[Luthfiyaaa]

I don't agree with the crypto market regulation. because later the market price will not Volatile, or it will be more stable. if so, I as a trader will find it difficult to make a profit. although the market is more organized, it will be difficult to make a profit.

[reality18]

Market regulations comes with two phases, thus its advantage and disadvantage. Market regulation will help to eliminate almost the occurrence of scam projects. And with regulations, the market will be stable and not as it is seen now. However we must remember that is through this market instability that Bitcoin was able to skyrocket to $20k last year December which brought a lot of smiles and profit to its investors. Regulations will certainly caused a paradigm shift from the investment aspect of crypto to a more currency aspect where it will be focused on buying and selling of goods and services and not to hold for a significant increase in price to make more profit.

[vixcious]

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

Bitcoin really should be regulated and more stringent but who can do this? It is a decentralized market and there are many people from participating countries. We have the SEC but they still do not have the capacity to manage such a large market. We need a more advanced tool to manage this market

[CelebratingBTC]

I do not think that crypto-currencies will be globally regulated. Each country will make decisions regarding the regulation of crypto-currencies and the creation of legal norms.

In the long run it is possible that governments will regulate Bitcoin for the benefits of the investors and institutions and a global body will be formed for the development of Bitcoin and that will lead to the global regulation which will make Bitcoin the best of all transactions forms.

[Rooster101]

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.

I agree with yiur opinion. Regulations are needed to prevent the cryptocurrencies from falling into the hands of people who use the coins in their illegal activities. There is also a joint declaration by G20 nations on the necessary reform in the cryptocurrency industry. It means regulations is inevitable in the future to combat anti money laundering and counter the possible financing of terrorism.

[aditasetia123]

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

Bitcoin really should be regulated and more stringent but who can do this? It is a decentralized market and there are many people from participating countries. We have the SEC but they still do not have the capacity to manage such a large market. We need a more advanced tool to manage this market

SEC commision has resources to manage and regulate.dont forget SEC come from super power country.regulation really needed if we want institution investors come to this market and make bitcoin great again.

[pant-79]

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.

I agree with yiur opinion. Regulations are needed to prevent the cryptocurrencies from falling into the hands of people who use the coins in their illegal activities. There is also a joint declaration by G20 nations on the necessary reform in the cryptocurrency industry. It means regulations is inevitable in the future to combat anti money laundering and counter the possible financing of terrorism.

The share of financing terrorism in cryptocurrency is negligible compared to US dollars. So crypto currencies have nothing much to do with this illegal activity. The desire of governments to regulate the crypto market is not based on these "good intentions".

[cotton ball]

regulation is mandatory, but there must be clear provisions in its entirety and I am sure that it cannot be realized in the actual clause.

In the end, all markets will be needed for KYC obligations with highly accountable companies, this is very necessary because this year is the case for exchange markets that have lost because of hackers. No one is truly decentralized if it is expected to be connected with a legal business, there must be adjustments for obligations that are equivalent to other similar businesses.

[Spaffin]

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

It depends on what you understand by bitcoin regulation. Regulation can be different. When we talk about the need to regulate cryptocurrency, we mean by this the process of its legalization, which includes establishing the legal status of cryptocurrency, determining the order and conditions of its circulation within the state and of course its taxation. At the same time, no one talks about state intervention in the principles of the existence of Bitcoin, and above all, its decentralization. Legalization of cryptocurrency, which includes the above issues, we need, without its legalization, the cryptocurrency will not be able to further develop.

[Menawi12]

Bitcoin can not regulated by any government because its decentralized. I think government only regulate on bitcoin trade in local exchanger. No one regulation can touch bitcoin because the data spread around the world and no one control bitcoin supply

[redsap]

well if that necessary i think it must be done, because when goverment start regulation abaout bitcoin or other cryptocurrency that makes bitcoin are can accepted in some country that can enter into their system, i think that was good if that needed

[turkandjaydee]

well if that necessary i think it must be done, because when goverment start regulation abaout bitcoin or other cryptocurrency that makes bitcoin are can accepted in some country that can enter into their system, i think that was good if that needed

I think ICO is the one that need to be regulated to make it much more safer for investor. You know that most current ICOs only make profit for the project's team and people who have deep connection with them. Theyre very dirty.

[andriarto]

well if that necessary i think it must be done, because when goverment start regulation abaout bitcoin or other cryptocurrency that makes bitcoin are can accepted in some country that can enter into their system, i think that was good if that needed

I think ICO is the one that need to be regulated to make it much more safer for investor. You know that most current ICOs only make profit for the project's team and people who have deep connection with them. Theyre very dirty.

right, so many ico but not a few who scam. the bonty hunter is disappointed, especially for those who invest in the ico. with the ico settings, I think it will suppress fraud which will make the condition healthier

[Pumapipa]

In my opinion, there are advantages and disadvantages of regulating bitcoin in general. Regulating bitcoin can pave a way to a much more stable bitcoin value and also protection for investors and users as per by-laws. the disadvantage is that it will take away decentralization of the coin and will lead people to look for a coin that works like bitcoin today.

[Dirk2017]

I favor the regulation that they should limit the use of Bitcoin into investments only but not to be use for direct spending as we join this investments to earn more fiat for our direct spending therefore the government should do more regulation on fiat but not the crypto market. In this way all people can join the investments making the demand to increase again as i see that one reason of crypto market demand is reducing is due to other people cannot join crypto anymore due to regulation.

[Agapelove]

Cryptocurrency regulation might seems one way to recognize and accept cryptocurrency totally by countries around the world. News about how cryptocurrency is being used for illegal transactions and scammers lingering around without fear of being caught are some reasons why do we need the regulations.

[South Park]

I don't agree with the crypto market regulation. because later the market price will not Volatile, or it will be more stable. if so, I as a trader will find it difficult to make a profit. although the market is more organized, it will be difficult to make a profit.

You are not seeing the real problem, if heavy regulation comes to the market and governments are able to implement it, it will be harder to trade your coins to begin with, it will be impossible for to to convert your bitcoins to any other coin without having to go through know your customer policies and that is going to reduce trade significantly among all the coins.

[astik1]

I have a negative attitude towards state regulation. This can significantly reduce the number of users of cryptocurrencies and ICO. I dream of a time when bitcoin will really be decentralized and anonymous. Perhaps he will get the properties of the currency and then we will be able to abandon Fiat. It's gonna be a party for me.

[laredo7mm]

but actually regulation is important to be able to provide a protection for consumers. for example, in an exchanger where the assets of the user's assets are maintained. we know that now more and more exchanges are experiencing problems and also supervision of projects with high potential to commit fraud

[manfredmann]

regulation is mandatory, but there must be clear provisions in its entirety and I am sure that it cannot be realized in the actual clause.

In the end, all markets will be needed for KYC obligations with highly accountable companies, this is very necessary because this year is the case for exchange markets that have lost because of hackers. No one is truly decentralized if it is expected to be connected with a legal business, there must be adjustments for obligations that are equivalent to other similar businesses.

THis is what we lack for now the clear provisions. One country could implement the regulations but since cryptocurrency is global so this is where the problem will arise. THe conflict of government forms will going to matter and not all the countries has the same opinion towards cryptocurrency because some had adapted crypto and other were not. THis is the biggest challenge for cryptocurrency, the acceptance among the countries around the world. Anyway, the problem with cryptocurrency is not yet the priority so we could expect that cryptocurrency may going to fall first before it will be adapted.