Will bitcoin Die because of global Regulations?

[sgenuine]

Add Russia to the list. This country also wants to regulate crypto and take taxes for mining. Despite all these events Bitcoin will not die. BTC and Ethereum will remain two leading cryptocurrencies and they will be gaining all the time.

[DoublerHunter]

I don't think that the regulations from different afraid countries will affect bitcoin and be the cause for bitcoin to die because bitcoin is a really strong cryptocurrency and there is already a lot of problems that bitcoin encountered and that makes bitcoin strong and stronger and now it is standing out and even there is a lot of bad news for bitcoin, it is still kicking.

[dinofelis]

Bitcoin, and the crypto market are indestructible. Bitcoin will only stop and crash when it has exhausted all resources available for its proof of work, that is, when a large fraction of earth's energy production, hardware production, and other economic activity have been absorbed by proof of work.  I compared it elsewhere as the intelligent paper clip maximizer.  It is an indestructible machine that will bring our society to an end while making a lot of profit, which is exactly why it is indestructible.  The harder human regulators will try to hit it, the more resistant it will become.  Of course, during such periods of retraction, market cap will shrink.  But it is built to be coming back without recourse, especially now that it diversified into a whole crypto market.  It is a disease that keeps coming back.  You can push it back a while, but when it comes back, your previous remedies against it don't work any more.  It learns.  It morphs.  There's nothing any more that can save us from it any more.
If bitcoin takes up 1% of all investment world-wide, it will consume more than 1/3 of the world's electricity.  Given the huge gains that one can make, no investor will resist.  If bitcoin takes up 3% of all investment world-wide, it will consume all electricity the world produces.  In order to do so, it has simply to grow x300.  Bitcoin grew x100 from 2015 to 2017.  It grew x300 from 2012 to 2013.  Another x300 is for sure in the makings.  Regulations can maybe win us a few years, no more.
 

[GeorgeFeb]

When crypto hoarders will have played enough with cryptos and decide to cash out everything will crash!

Couldn't be more simpler!

[Barcode_]

Bitcoin would not die even with more governments launching rules and regulations to tighten it down, the only affected part will be the values of bitcoin dropping every time when such news is being released to the public, but I believe it is just temporary and there is always a chance for bitcoin price to recover.

[heartrodriguez28]

Bitcoin's price might be controlled and taxes implemented, but I don't think that Bitcoin will totally die because of this. In fact, it will open more opportunities in its adaptation.

[shaheer001]

Actually the banks and govt's are worry about Bitcoin as it is now become an huge trading platform and if world don't regulate it then all commercial banks will become defaulters so govt's want to legalize the crypto currencies and in my opinion for some time Bitcoin will remain in surges but when world top countries will legalize than Bitcoin will become more powerful so lets wait.

[posi]

We both know the government will persist with bitcoin regulation and if the regulation was concerning exchange vat payment and not centralize crypto currency is OK but if not the government will definitely kill crypto currency because they hate from the get go.

[weronixa]

I think that the coin might, like any coin. But the technology is going to stay for a very long time.

[n0ne]

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?

We both know the government will persist with bitcoin regulation and if the regulation was concerning exchange vat payment and not centralize crypto currency is OK but if not the government will definitely kill crypto currency.

As mentioned bitcoin is all about the success of the decentralized functioning. If it get into the hands of government or becomes a centralized system surely bitcoin will start getting functional as normal trading asset same as that of the stock market.

[hahay]

I'm not sure bitcoin will be controlled by government or centralized, such news will only make the bitcoin price drop and in the end bitcoin still stands alone and will remain decentralized. i'm very sure about it.

[2Godbdglory]

WILL BITCOIN DIE BECAUSE OF GLOBAL REGULATION? it wont affect bitcoin because the world will not not agree together on things because people will not have the same ideology. bitcoin will not die. 

[jakezyrus]

WILL BITCOIN DIE BECAUSE OF GLOBAL REGULATION? it wont affect bitcoin because the world will not not agree together on things because people will not have the same ideology. bitcoin will not die.  

yeah right bitcoin is not globaly regularize as there are still countries that restricts and bans bitcoin however regulation doesnt affect bitcoin because bitcoin will still be the same as it was before , so overall bitcoin wont die not unless there is a global  blackout where people cannot access or use internet because we all know that bitcoin cannot work in an offline environment. lastly if bitcoin is regulated i think it will have an advantage to it as more and more people will even recognize bitcoin and this can result for a better price hike.

[Alert31]

   Bitcoin will not die because of global regulations instead it will helps to every bitcoiners and investors not to fear. It is much better to have regulations to follow so we will not have any doubt that one country can ban bitcoin. But i dont think it will go to being centralize of bitcoin.

[Freshmen]

Add Russia to the list. This country also wants to regulate crypto and take taxes for mining. Despite all these events Bitcoin will not die. BTC and Ethereum will remain two leading cryptocurrencies and they will be gaining all the time.

And you know why Russia is coming in the game, this is all because of the opponent USA. They are fighting for a long time ago and they will be revealing till the end of this world. USA is getting good percentage of the market that deals in bitcoins internationally. So there comes the Russia for making the opponent weak. They will be implementing this in their country and then taking the lead.

[Rappyboy]

No bitcoin wont die because of this, but could trigger bubble bursting depends on the effects of regulations.

[Searing]

Most people in crypto (I hope) want KYC regulations and no anon trading on exchanges etc....

so from what I gather there WAS anon trading on the South Korea exchanges and the KYC rules were being not done or bent as well

thus it makes more sense now in 20/20 hindsight why the gov't there went ballistic

we will see ..but hopefully, a firm KYC rules and no more anon trading and of course the taxes...even if copied from USA rules

will again, IMHO , go a long way in stabilizing the South Korea bitcoin and crypto markets

hopefully, soon it will be 'move along, nothing to see here' ..... and they go the full-bore legal Japan route (knock wood)

[Shishimanu]

No matter what do people say about Bitcoin or what people think about Bitcoin i can tell you that Bitcoin wil not die because of global regulations or anything

[EvieeHist]

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 think as tight as anything even if central banks do not give space for bitcoin growth, as long as bitcoin is still striving for and used on multiple scales, then I think bitcoin will still exist and not be eroded by other rules. bitcoin will not easily weaken, before bitcoin is popular and sought after by many people around the world, bitcoin has experienced various challenges, threats and restrictions from various parties, but in the end bitcoin escaped until now and will remain victorious in the future. because the system and the level of security is very strong.

[Washball]

A global regulation could make things difficult for Bitcoin, but the biggest threat for cryptocurrencies comes from within and from financial institutions. Today a lot of FUD is generated by spreading bad news and old rumours at the same time, f.i. rumours about tether which was already from some time ago. Hackers, bad actors and banks are the most dangerous, not global regulations.