Will bitcoin Die because of global Regulations?

[PM.coins]

even until this moment i will keep saying with the spirit of bitcoin will not die. despite many global regulations. it's just an obstacle to bitcoin speeding up. we'll see that bitcoin will last for a long time. Keep the spirit. and rest assured.

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[linlinhl]

No, bitcoin will never die because of just this global regulation, I do not think it will happen, in business even if the government is strict about regulation, the business will seek to hinder the demand of customers. If bitcoin is used as a means of exchanging this business establishment, the government can not do anything, the electronic money is decentralized and the business needs of the customer for their business are the bitcoin owner. , they like this customer more.

[Xenrise]

Frist China want to ban all the foreign exchanges in their country.
https://www.ccn.com/china-looks-ban-centralized-cryptocurrency-trading-reports/

then France Creates Working Group for Cryptocurrency Regulation
https://cointelegraph.com/news/just-one-person-found-to-have-caused-bitcoins-jump-from-150-to-1000-in-2013

then German Central Bank Director: Crypto Regulations Must Be International
https://cointelegraph.com/news/german-central-bank-director-crypto-regulations-must-be-international

Also India already setup a board for crypto regulation.

What is happening all over the world?Something whats soul purpose is to be decentralized will eventually be centralized?

How much do you think a global regulation on crypto will affect the overall market in this year?

First of all, banning is SO different with regulations. Banning is a bad thing for cryptocurrency, while regulating is a good thing in cryptocurrency. Banning is like, taking something out forever or only for a period of time, maybe short or maybe long. While regulating is just to make it more like a balance type of system for everyone, so it is a good thing.

[michellelandry30]

First i think bitcoin will not and cannot be regulated. Probably the users are the ones the government will try to control like banning bitcoin use and having fines for those that will be caugt. And if bitcoin do get banned there will be no much use for it in the future and probably decrease in value drastically.

[Dessy Nurvianti]

Maybe bitcoin will change the future. But it need much time. If cryptocurrency are not allowed it will affect world market. Might rules about cryptocurrency not seen but it rules has run in many countries because abuse of cryptocurrency. I think bitcoin will change the future.

[Birin016]

without a doubt.regulation is completely specific from banning.law is ideal for bitcoin's progress.that is why i'm extra enthusiastic about it and do not think it is the stop of bitcoin or crypto foreign money.

[Fujiati]

bitcoin will not die if the government makes rules about crypto currency. if the government makes regulations about crypto currency will only affect the price, bitcoin prices will be stable because the market of crypto currency is always monitored by the government. investors will find it hard to get bigger profits because bitcoin prices can not go any further.

[Bitlife81]

Whatever will happen if thete is a global regulation ,I think it do not affect the bitcoin programme, because as a decentralized type of technology then I can say that.

[Jocelyn Gucilatar]

I think bitcoin will not die because everyone of us was so lucky to have this currency and we earn here and we buy something thats because of bitcoin.. It will not die until the rest coz it so easy to make money.. And so many people that work here thats why it not gone so easy.

[ethancer]

It will not die, smart people hold to it not because of its reputation or whatever. They hold it because they know how it works and what benefits it can bring.

[sotoshihero]

without a doubt.regulation is completely specific from banning.law is ideal for bitcoin's progress.that is why i'm extra enthusiastic about it and do not think it is the stop of bitcoin or crypto foreign money.

I am in favor with regulation too as long as it wull curb scam and fraud.This is for our protection too. Bitcoin will not die becuase of this regulation but will comes out stronger as more institutuon will adapt this when all is fixed.

[tunapa]

I feel this global regulation is going to bring more unity among these nations and also make giant and angel investors feel free and safe
to invest. I don't see any reason why this will always bitcoin die. The earlier the test will be discussing.

[Varuj]

Bitcoin dying of global regulation never happens in the short or long term, because when something progress to reach a large user base automatically the focus of the government will turn towards the same. In such a manner now bitcoin is under hard regulation. From my personal understanding dying of bitcoin and other digital currencies won't happen.

       



I think that Bitcoin has a great future. With Time, it will improve and expand its functional capabilities.The result will be a rise in value and a fast spread.

[Stiven1999]

I strongly believe that bitcoin will not be dead even there will have a global regulations. Global regulations will come true if almost the country are crypto influence. It will not become true global regulations if there are 4 or 3 countries alone who prohibited bitcoin

[dzkazmi]

There are lots of good news coming and few countries are now thinking of regulating crypto, one big name is India for example. It will be good for all crypto family.

[#CR7]

I think the global regulation won't kill the bitcoin but we know that the paperwork will reach every portion of one of to make every single one the things out cold their rule. Bitcoin becomes indulgent commodity now and it can moreover affects the economy. perhaps it can undertaking the  main approach toward why bitcoin was created, that it would be decentralized and nobody should manage it.

[kptn.sgt]

I think not, bitcoin can survive any crisis.

[CokeIHead]

I can't see how global Regulations could possibly ruin bitcoin. The very idea of regulating/restricting/banning, etc. bitcoin contradicts the idea of decentralization. I'm not much of an IT expert, but is it technically possible at all? Some global regulations might limit our ability to change btc to fiat, which is unpleasant, but by no means fatal. The worst thing that can happen under a scenario like that is that btc (crypto) might have to go underground. But I don't believe any government would be willing to do so because a government consists of people, just like you and me, who must be collecting their own coins (btc included) while reading this post

[Durugista]

without a doubt.regulation is completely specific from banning.law is ideal for bitcoin's progress.that is why i'm extra enthusiastic about it and do not think it is the stop of bitcoin or crypto foreign money.

I think yes it will have an affect to bitcoins reputations and other stuffs about crypto currency, regulations will limits the sections of bitcoin as well as its potential to grow.

[CordandAN]

Who says "regulation = banning?" Maybe regulation is about putting things in order? I hope regulation will promote trust and development, IMHO.