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Author Topic: Will bitcoin Die because of global Regulations?  (Read 4506 times)
AliMan
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January 28, 2018, 03:37:04 PM
 #61

This is hard if we facing the regulations.
Bitcoin decentralized platform should be accepted by all regulators.
The bitcoin make everything easier. Altcoins too.
Then why they make the regulations that can restrain bitcoin future ?
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I don’t believe that bitcoin will die because of global regulations. It can stand alone with or without the control of the government. Digital currency will not die because of centralization of it. For me, if they regulate the value of bitcoins and take control of it. It will only continue to grow and will become one of digital currencies that is accepted and recognized by a country as an equivalent of actual cash in the future.

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January 28, 2018, 03:38:57 PM
 #62

itcoin is a famously dececentralized cryptocurrency, a system of storing value, and a somewhat less-effective transaction medium. It allows near-instantaneous transfers all over the world without a middle man or regulatory body giving it the go-ahead. Fans of cryptocurrency fear government regulation could ruin it, but they shouldn’t be concerned. Any attempt control bitcoin simply won’t work.

Beyond the difficulties presented by the decentralization of bitcoin itself, governments and regulatory bodies have shown they lack understanding of technological topics, and bitcoin is one of the most complex. As governments struggle to ban technologies like Tor and encryption, it seems impossible to imagine them gaining the ability to truly impact bitcoin – and its alt-coin contemporaries – in a way that could impede its progress.
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January 28, 2018, 03:44:29 PM
 #63

I think global regulations might strengthen Bitcoin. The FUD about Bitcoin will decrease.

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January 28, 2018, 03:58:51 PM
 #64

I think global regulations might strengthen Bitcoin. The FUD about Bitcoin will decrease.
The regulations are the only things keeping bitcoins afloat for all this time and it is even way better than risking banning bitcoins in some countries like South Korea and even China. I do support the Global regulations which will bring a lot of hope to the investors.

 
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January 28, 2018, 04:01:49 PM
 #65

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?



All of these is being done according to Plan or Fud. The  manipulators are trying to bring bitcoin down and create panic in the market. Once they are able to do so and people will  panic sell their coins, these mega players will buy a whole lots of bitcoins for cheap and then bitcoin will move to another high level.
No one will then come up to see these news articles as they will be useless.

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January 28, 2018, 04:04:15 PM
 #66

after btc has gained too much popularity within a short period of time it also gained attention of governments and the prediction of regulations was not too hard to see, I guess that the regulation would stabilize the market much more and will remove pump and dumps.
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January 28, 2018, 04:07:13 PM
 #67

Bitcoin's spread is so much that it cannot die so early. We can not accept the governments of our different countries because it does not have its closeness. Moreover, its use will not decrease day by day.So need to see the last. wait and see.

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January 28, 2018, 04:14:53 PM
 #68

The English government have also mentioned that there could be regulations coming. I dont think regulations are necessarily a bad thing, there's so much crap and scam out there, it could help legitimise projects. It's obvious governments will want to make damn sure they're getting their cut of the crypto pie.
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January 28, 2018, 04:24:33 PM
 #69

Bitcoin will still exist, even with global regulations. Many large investors and even financial institutions are into bitcoin and they will do everything to prevent bitcoin from vanishing. Indeed some regulations could improve the status of bitcoin and other cryptocurrencies. For instance, it is risky to have only a few exchanges with too much stock, if they are hacked and all coins are stolen, it could be the end of cryptocurrencies. If there are regulations to limit the stock, it could be a safer situation. Cryptocurrency can only be diminished from the inside, scammers and hackers could do a lot of damage.

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January 28, 2018, 04:30:09 PM
 #70

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 suppose that Bitcoin will never die because of global regulations. With global regulations that Bitcoin can be proof to be famous in the world, and many people will know the bitcoin knowledge which can be general coin accessed in trading activities.
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January 28, 2018, 04:34:15 PM
 #71

The English government have also mentioned that there could be regulations coming. I dont think regulations are necessarily a bad thing, there's so much crap and scam out there, it could help legitimise projects. It's obvious governments will want to make damn sure they're getting their cut of the crypto pie.

Yes I think it is much better so that there will be no banning happen again. Maybe fees would be higher a little bit because we need to pay to the government.  Scams would gradually lessen as they need permit I guess to start a bitcoin project.
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January 28, 2018, 04:44:06 PM
 #72

Global regulation for bitcoin can never cause bitcoin to die perhaps it could become a reason for people to get involved on it. Regulating bitcoin will exposed publicly. And besides businessman are willing to invest if bitcoin will be legal in any country.
It's indeed A good way to promote bitcoin, to educate common people about bitcoin  Grin  . This phenomenon could be a boomerang to those people who are trying to stop bitcoin or at least regulates under government , bitcoin are something that can't comply to any country's regulations , it's designed like that.

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January 28, 2018, 05:01:27 PM
 #73

It will not die, it will work and will be more acceptable, but more controlled by governments, so it will be altered and turn into different concept, I think.

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January 28, 2018, 05:51:15 PM
 #74

it may be a good thing for the existence of bitcoin alone it will involve the government and whether this will happen, I think it needs to be much remembered and hopefully can get a good opinion.
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January 29, 2018, 08:29:16 AM
 #75

I think regulating Bitcoin will keep it alive from dieing, if you look at the past banning BTC in certain countries have severely affected the btc trading, but if you regulate it, it adds more value to the crypto world instead of going deep down the hole.
Regulating bitcoin is not a good idea at all because this will give governments or some other authorities control over bitcoin which simply means that bitcoin will be no longer any decentralized currency. People throughout the world are attracted toward s bitcoin just because of its decentralized nature.

Regulation will put taxes and many other terms and conditions on the uses of bitcoin which is obviously sharply going to decrease number of bitcoin users.
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January 29, 2018, 10:50:07 AM
 #76

I don't think regulating bitcoin will lead  to its extinction and i don't even believe any government or central authority will be  able to efficiently ban or regulate it in order to spark a global dislike in bitcoin world. If they succeed in killing bitcoin then many other things in the world is going to get killed as well and the governments and dictators of the day wouldn't like that idea.
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January 29, 2018, 11:19:51 AM
 #77

Bitcoin is open currency, he can live with regulation. User ID's will be bind to the wallets, and all. Any unbinded wallets will out of law.

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January 29, 2018, 11:25:48 AM
 #78

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January 29, 2018, 11:28:19 AM
 #79

2018 we will see how the gouverments of the world will react to Cryptocurrencies. The past year they took cryptos not seriously, but after the bullrun of bitcoin last year, they see this is some real serious stuff. Now they have to decide what they will do. I really hope they dont start to ban them like other countrys allready did. We just need some countrys that lead the way as a good example. If this happen and they regulate normally, then we have nothing to worry about.
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January 29, 2018, 11:35:10 AM
 #80

Improve the currency circulation laws and regulations, improve the currency exchange rate mechanism, perfect the currency monetary properties, improving the COINS to get produce system, perfecting the currency system of safe development, perfect the system of the currency funds or securities and so on, these measures will slowly let some countries accept COINS!

With the development of bitcoin, the legalization of digital assets will be inevitable.
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