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Gotumoot
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July 10, 2018, 02:48:07 PM |
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Of course not Bitcoin would still be in the market no matter what no one can stop it even of the government regulates it. Bitcoin will continue to be in the market for as long as the people would support and invest on it.
You're right bro, bitcoin can weather all kinds of challenges that lies ahead. While regulation is inevitable in many countries, some of them are are planning to create a kind of regulation that is friendly to all cryptocurrencies. This cryptocurrency-freindly regulation will only monitor transactions in the exchanges and protect the virtual currency users from any kind of scams and illegal uses of bitcoin and other cryptocurrencies. Yes thats right, bitcoin will not die just because governments regulates it, unless they will change bitcoin characteristics, from decentralized to decentralized, from volatile to constant, but i dont think bitcoin will let this things happen. If they want to regulate bitcoin, they should let it be that way, i mean let it be a decentralized and volatile. They are the ones who should follow bitcoin want, not bitcoin follow governments wants. |
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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Hube950
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July 10, 2018, 02:53:24 PM |
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Bitcoin can sustain the test of time despite the harsh regulations different government of countries are coming up with to ensure they put a stop to bitcoin trading. They can only try but will never be able to succeed because Bitcoin has grown beyond what it use to be in the past. More people are getting involved
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btctalk123
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July 12, 2018, 08:20:25 AM |
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No, bitcoin will never die because only of this global regulations , I do not think it will happen , in business even if the government is strict on regulation, the business sector will find ways to cotter the needs of their clients , if bitcoin is used as medium of exchanges by this business establishment, the government can not do nothing, cryptocurrency is decentralized and business needs clients for their business who are holders of bitcoin, they would prefer this clients.
I agree with your mind. It is like now. Politics have their own business that is earning not legal money. They find ways to walk over the laws to get money. The same thing with using Bitcoin. |
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bololord
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July 12, 2018, 08:27:44 AM |
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bitcoin will never die and regulation is the one solution that bitcoin will become our future money and regulation is the one who helps to bitcoin to increase more in the future and become more usable soon so hold your bitcoins and buy more until the value of bitcoin is too low it is time to hold or regret soon or in the future. |
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Farrahyap27
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July 12, 2018, 08:34:31 AM |
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I don't think this will lead to the death of crypto-currencies. but indeed it is worrying.it's also quite logical because many governments are aware that bitcoin (and other crypto) can be a threat to the centralized control banks currently have. Here, the list you are giving simply shows that now they are aware they must act. Internet and technical tools are evolving faster than most regulations. So they are lagging behind, they understand it may be a problem, so they try to react. Eventually, if transactions from fiat currency to bitcoin (and other crypto) are simply banned... Well indeed, it will become quite hard to use it. However, quite luckily this will take time. So, it's up to us to anticipate this and react consequently.
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shoreno
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July 12, 2018, 08:50:07 AM |
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what? no . bitcoin wont die because bitcoin is too useful to be forgotten by the public . bitcoin wont also become regulated globally or only on a specific country due to the fact that bitcoin is independently crafted online with no single authority , bitcoin is also decentralized which obviously defines it to be uncontrolable .
if ever bitcoin will die , it will die because of other reasons ( i.e if people wont invest on it ) but it wont die because of global regulations .
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ir.yance
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July 12, 2018, 08:54:17 AM |
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bitcoin prices drop drastically as many countries monitor bitcoin like making rules about crypto currency and some are banning bitcoin. crypto currency circulation is experiencing a very heavy problem, I hope bitcoin makes a better change so it can push the price to become more expensive. |
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aladlanie04
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July 12, 2018, 08:56:01 AM |
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bitcoin only face hard struggles only for due to the regulations but can survive because almost 10% population in the world are doing crypto currency trading or holding bitcoin or either any crypto like etherium . mainly revenue is generated for exchanges due to trading regulations is only for avoid anti money laundering activities but not ban crypto currency entirely in the world thats not possible .
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jtrapirap
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July 12, 2018, 08:57:17 AM |
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In my own opinion, i guess global regulations has pros and cons to bitcoin and cryptocurrency as a whole. Its clear disadvantage i think, is possibly greater transaction fee and more strict transactional procedures since government has already come into crypto business. The advantages is it will further strengthen the whole crypto economy itself by regulating ICOs especially scam and fraud projects, and prevent intruders and criminals to abuse blockchain technology. Embracing this mainstream technology will enhance our e-commerce and monetary industry maybe replacing traditional banking and commerce procedures.
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Ashong Salonga
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July 12, 2018, 09:35:27 AM |
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It is true that now global regulation is really affecting crypto and off course the prices of alot of coins in the market but i am still sure that bitcoin will not die because a lot of people will not let this happen, right now bitcoin is becaming popular and it is the reason why bitcoin will not die. |
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nikki4
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July 12, 2018, 09:43:48 AM |
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It is true that now global regulation is really affecting crypto and off course the prices of alot of coins in the market but i am still sure that bitcoin will not die because a lot of people will not let this happen, right now bitcoin is becaming popular and it is the reason why bitcoin will not die. As of now, there are so many global regulations that is evolving in the society that truly make a great impacts to the crypto currency community. But even how this global regulations affect the crypto world, I have believe that the Bitcoin will not die that so easily. And we the users of the Bitcoin will not easily be swayed and let this happen. |
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agentdavid007
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July 12, 2018, 09:48:05 AM |
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If bitcoin gets regulated, more investors would invest in bitcoin. It's really difficult and takes really much time but we just need to wait.
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Papaczed
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Adoption Blockchain e-Commerce to World
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July 12, 2018, 10:11:38 AM |
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Hi, I don't think this will lead to the death of crypto-currencies... but indeed it is worrying. It is also quite logical because many governments are aware that bitcoin (and other crypto) can be a threat to the centralized control banks currently have. Here, the list you are giving simply shows that now they are aware they must act. Internet and technical tools are evolving faster than most regulations. So they are lagging behind, they understand it may be a problem, so they try to react. Eventually, if transactions from fiat currency to bitcoin (and other crypto) are simply banned... Well indeed, it will become quite hard to use it. However, quite luckily this will take time. So it is up to us to anticipate this and react consequently!  I also believed that it wouldn’t be the reason for the death of bitcoin.The government might imposed some restrictions with regards to the regulations of bitcoin and it would have an effect of course but I dont think it would lead to its end unless bitcoin demand turn into zero at all. |
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Bren Briones
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July 12, 2018, 10:17:05 AM |
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Hi all! I agree to most people who are saying that bitcoin will not be affected by other countries regulations. As the technology advances, it is not imposible that we are seein a "cashless world" and by that time it happens, bitcoin is still there. |
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shaadsufi
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July 12, 2018, 12:13:51 PM |
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The United States is the world superpower as of now and since world war two the cause of its retainment of that's position has been its strong economy, bitcoin is a threat to that and us will never compromise on its regulation, therefore, bitcoin passing US barrier is the real test for mass adoption.
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souul
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July 12, 2018, 12:24:50 PM |
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Most probably not the only thing that could happen if Bitcoin would be regulated is all income/transactions will be subjected to Tax that is mandated by every government around the world. All transactions that we are going to do with crypto currency are guarded by regulations the anonymity will be gone and I think that will be very risky and definitely the criminal rate will go even much higher.
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munify
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July 12, 2018, 12:26:03 PM |
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I think even though global rules are squeezing bitcoin and many are attacking bitcoin, but I'm sure bitcoin will persist because of the many bitcoin supporters. |
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ejswift
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July 12, 2018, 12:28:19 PM |
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Bitcoin is stong coin so it will not die easily for that reason as long as many people are using it,it will still popular because many people like it |
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ghost07
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July 12, 2018, 12:31:17 PM |
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bitcoin wont die as long as lot of people buying at enjoying the flactuation of its price.
it wont die because it is very famous already and majority of the countries use it as a payment method.
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Bitlife81
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July 12, 2018, 12:51:34 PM |
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I think bitcoin will not die, it will just limit the use of it . For other countries it is a threat for commercial banks but let us think, the government will not spend alot of money just for utilizing or banning this system.
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