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Author Topic: Will bitcoin Die because of global Regulations?  (Read 4493 times)
nguyenhoven
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June 02, 2018, 03:23:51 PM
 #421

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?



why is there a need to put a word die with capital D into the title? No, regulation is not going to kill crypto, it will affect it, but at the end of the day, it won't kill or make it or make it success. Only community can decide on its future.

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Drakula
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June 02, 2018, 03:25:59 PM
 #422

Legalizing it will just add more people to bitcoin because it will be a legal work. But i also think that it will reduce those people who work really hard because if they just make a single mistake they will be ban from using bitcoin.
I agree with you there. Since it will be regulated, it means the very existence of bitcoin and the players along with it wont be feared as fraud or some sort of con and will be acknowledged as it should be. Investors would be more confident in investing in it.
Wish 107.5
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June 02, 2018, 03:31:31 PM
 #423

if there would be a regulation on cryptos than this means that the world have accepted the existence of the coins, so they can`t be labeled as illegal and the investors would have much more confidence while investing.
Yes moreover, it wont die just because of being regulated, it will only make it more advanced. There maybe some effects but these effects will lead to adaptive an developmental circumstances to be suitable for these 'regulations'. It will persist in time.
raybut37
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June 02, 2018, 03:35:10 PM
 #424

Legalizing it will just add more people to bitcoin because it will be a legal work. But i also think that it will reduce those people who work really hard because if they just make a single mistake they will be ban from using bitcoin.
I agree with you there. Since it will be regulated, it means the very existence of bitcoin and the players along with it wont be feared as fraud or some sort of con and will be acknowledged as it should be. Investors would be more confident in investing in it.

 If regulations on crypto will be implemented  i believe it will helps a lot to encourage many people to invest their money on crypto.
panganib999
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June 02, 2018, 03:41:33 PM
 #425

I don't think global regulation of bitcoin will kill the bitcoin, it will rather strengthen and more reliable, global regulation of bitcoin, is what the world is waiting for, to make the bitcoin a hot currency, and universal acceptable.
I also agree to that, because we all know that bitcoin needs the full scale support of people which includes the government and regulation is one of the way for bitcoin to be an accepted cryptocurrency in the market. It could also help for people to gain trust on the system of bitcoin which could make transaction much more easier because there would be more people that will be open on accepting bitcoin in the form of transaction and as a form of investments.
catur123
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June 02, 2018, 03:43:27 PM
 #426

I think if there is a central dick about cryptocurrency it takes a very long time because to choose a good team is very difficult and for the world to receive bitcoin is also very difficult to see the news that exists about banned bitcoin in various countries.

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bajigur894784
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June 02, 2018, 03:51:48 PM
 #427

Entering the beginning of 2018 bitcoin value decreased, this happens because there is a crackdown on bitcoin, where the world's regulators prepare rules to regulate cryptocurrency, and of course it makes panic in the holders of bitcoin and make the price of bitcoin decreased.

I think, global regulation is very influential on bitcoin, however, that does not mean it will cause bitcoin to die.
Coinlover9
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June 02, 2018, 03:53:28 PM
 #428

Well if all the government's are opposing that it's going to be a uphill task.
santafewarrior1980
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June 02, 2018, 04:04:33 PM
 #429

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?



no, but instead it will encourage people to invest because of the clear direction of implemented rules regarding on cryptocurrency.

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damrianto
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June 02, 2018, 04:33:13 PM
 #430

if all countries make a rule about bitcoin about removing bitcoin from all internet network maybe this bitcoin can die. this is a problem for country country in world. most of the officials of state officials are also still using bitcoin as a field where looking for extra allowance outside of salary. how could this bitcoin die in the online world today ..
nguyentuanduongg1995
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June 02, 2018, 05:07:33 PM
 #431

More and more people use Bitcoin
The node is increasing
The scale problem is being resolved well
Hash rate is at record highs

=> Bitcoin has reached a computational level where no country can overthrow it just by computing
Blackhammer321
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June 02, 2018, 05:09:37 PM
 #432

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?


I believe that as long as this regulations in some way or another harms bitcoin, I think it is just fine. After all, we are fully aware that bitcoin is in dire need of a aeger userbase to extend its reach on its users. And it would take measures no matter the risks.
dutchkay
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June 02, 2018, 05:31:46 PM
 #433

Many things have already been thrown at bitcoin and it keeps coming back stronger. China have tried to control it and notice that even them can;t single handedly decide it's fate. Global regulation of bitcoin will never be possible rather some countries can ban it for their citizens. Yet they will still find means to be spending and using it. Remember this is an internet money not some physical cash you can seize and ban easily. As long as the internet exists then people will spend bitcoin.
cuteboy2016k
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June 02, 2018, 05:44:05 PM
 #434

Many govt. and countries are banning and release statement to avoid or warning against Bitcoin trading and buying,China is also banning the bitcoin and more countries are regulating bitcoin, I think this concern will change it and bitcoin can make huge change soon, more peoples are coming and joining into bitcoin and spreading the bitcoin to the each corner of the world, it will be good sign for bitcoin for future
Yantoaja
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June 02, 2018, 06:02:20 PM
 #435

If all countries in the world make the same rules and aim to make bitcoin difficult, then definitely bitcoin will be difficult to develop and will stop. If over time this happens, bitcoin will definitely disappear.
Saldom12
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June 02, 2018, 06:22:31 PM
 #436

I think bitcoin will never die or disappear just because of global regulation. Already many of the world is using bitcoin. What's more bitcoin is currently the best asset to invest, so bitcoin will not disappear.
GeorgiyBilyk
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June 02, 2018, 06:44:36 PM
 #437

We are very much frightened by various prohibitions, but I see how so many people and countries open their doors to the crypto market and bitcoin! everyone understands that bitcoin is the future! We need regulation from the state, so we can attract more people and increase capitalization! But regulation should not be based on bans !!!

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Sandijoee
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June 02, 2018, 06:47:15 PM
 #438

I think bitcoin will not possibly disappear let alone die. Is it just that global regulation of bitcoin will die, impossible. People in this world already support bitcoin, if bitcoin dies or disappears everyone who uses bitcoin will not stay silent alone. So I think bitcoin will not disappear. Smiley
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June 02, 2018, 07:24:49 PM
 #439

I think more and more countries are making bitcoin-related regulations will certainly have a positive effect especially on the increase in exchange rates in the market, as long as the regulation is aimed at legalizing bitcoin. we expect more and more countries to accept bitcoin and legalize.

faithofb
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June 02, 2018, 07:42:05 PM
 #440

No it can't,  it will only make people have confidence in investing on it,  most still afraid to invest because of the non supportive of many government. .
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