Cherylstar86
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May 09, 2018, 08:53:36 PM |
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Actually, those governments all throughout the world that support bitcoin can still benifit them as the usage and capability of bitcoin. Which base on my analysis the government can benifit due to the taxes as many people has bitcoin that can buy what they want but still taxable as the intended tax on what we have. Well, its not literally from bitcoin tax which the bitcoin was converted to fiats to buy.
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jump4ever
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May 09, 2018, 09:15:59 PM |
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bitcoin can "collapse and die" because of a global network failure, arranged by someone or caused by natural or man-made disasters, which do not seem so unlikely that they could be neglected, - users note in the comments.
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Mwalshe89
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May 09, 2018, 09:28:49 PM |
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The total global debt reached a historic high and could lead to a financial disaster. According to Newsbtc, some experts believe that the answer to the approaching financial catastrophe may be bitcoin. At the moment there is no more detailed information and experts refrain from any detailed explanations and forecasts
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Snaic
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May 09, 2018, 09:45:58 PM |
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One can say with certainty that the crypto currency will not die from its global regulation by various states. Crypto-currency state regulation on the contrary, is necessary for its further development. So, we can already see that Germany recognized the crypto currency as a means of payment and freed any transactions with the crypto currency from paying taxes. France recently significantly reduced the tax rate on the crypto currency. So far there are no critical situations for crypto currency in any country that would arise from state regulation.
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Umuoji
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May 09, 2018, 09:48:02 PM |
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Bitcoin can never die. Those regulations can not stop it
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Glutius
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May 09, 2018, 10:06:04 PM |
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It is the market, friend. And the media. So they work. It's a big deal. It is not necessary at the time of the fall of the market, to take the news to heart. This is all temporary.
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hulla
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May 11, 2018, 11:23:54 AM |
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No, quite the opposite. Regulation will help Bitcoin on a long term basis. It will make it stronger and more accepted, especialy when businesses are involved. Germany is just one of the positive examples but I beleive that many countries, especialy in Europe will follow. We don't have to be afraid of regulation it can help Bitcoin grow and attract new users who will feel more protected.
Yes, regulation will make Bitcoin stronger, it will expose the illegal transaction, it will also avoid the market manipulation and void market capital data but in my own point if view bitcoin regulation will also market the bitcoin user vulnerable.
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BitcoinGuruOne
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May 11, 2018, 11:33:00 AM |
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It is naive to think that there will be no regulations when people start to use cryptos more and more. The question is how strict the regualtions will be. In naycase i dont belive that it can kill btc, people will use btc nevertheless.
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cunguks
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Polkadog - Multi-Chain Defi Meme
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May 11, 2018, 11:40:12 AM |
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Regulation doesn't always have a bad effect, sometimes if it is applied by thinking about the future, the regulation itself will help to strengthen the bitcoin. Currently the status of bitcoin in some countries is still unclear. If all countries have been clear about their attitude to bitcoin, access to bitcoin will be much smoother because the function of the regulation is actually managing, arranging a thing to order by procedure.
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Dark_raven007
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May 11, 2018, 12:17:57 PM |
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This will happen, I have a mind everywhere there will be rules for crypto currency. Just in every country in its own way. He will not die of this, but he will have to obey.
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blackandred
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May 11, 2018, 12:47:25 PM |
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bitcoin is decentralized . it is distributed throughout the world . the government cannot ban it . it can trade freely through the internet . some countries now control the exchanges . but decentralized exchanges have become popular . the government's influence on bitcoin will be getting smaller and smaller .
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1Referee
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May 11, 2018, 12:49:15 PM |
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regulation will make Bitcoin stronger, it will expose the illegal transaction
While it's quite easy to track people, it's impossible to differentiate between 'legal' and 'illegal' transactions without solid proof. Nothing will change in that field. it will also avoid the market manipulation
Stock markets and other traditional assets are subject to daily manipulation, and that while these markets are extremely regulated, but no one here talks about it. It's always Bitcoin being put in the corner. and void market capital data
I don't really understand what market cap (think that's what you meant?) data has to do with this. but in my own point if view bitcoin regulation will also market the bitcoin user vulnerable.
People have two options they can choose from; 1) to verify and accept that your personal information is compromised and stored on whatever servers for ever. 2) to avoid dealing with anything that's centralized. You can somewhat balance things out a bit if you don't want to choose, but avoiding central services is always the best option, but one that people don't see as such yet. It will come eventually.
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lucy94
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May 11, 2018, 04:09:02 PM |
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Most probably not!. The regulations are not a broad worldwide thing, bitcoin will gain more acceptance pretty soon.
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walemil
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May 13, 2018, 04:42:43 PM |
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Though decetralization and anonymity are major features driving some people to cryptocurrency, a number of crimes have remained untraceable because of this. This is one problem I believe regulations will solve if done in the right way and not in a way that means hatred for cryptocurrency. It will eventually build confidence and attract corporate investments. Bitcoin will not die.
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winterblues
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May 13, 2018, 04:45:35 PM |
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Governments that foster free markets won’t over regulate crypto currencies. They’ll regulate enough to protect its citizens from fraud like scammy ICO’s. They might go as far as to trying to eliminate privacy coins for tax purposes and stifle money laundering. But beyond that, they’ll sit on the side lines and let the crypto market grow and evolve. As for bitcoin, it’s up to the market whether it lives or dies.
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StarLucas
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May 13, 2018, 04:46:35 PM |
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It won't die because people in government also want to have bitcoin and all regulations are directed on restrictions in this sphere for ordinary people.
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Msile
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May 13, 2018, 05:16:04 PM |
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Governments that foster free markets won’t over regulate cryptocurrencies. They’ll regulate enough to protect its citizens from fraud like scam ICO’s. They might go as far as to trying to eliminate privacy coins for tax purposes and stifle money laundering. But beyond that, they’ll sit on the side lines and let the cryptocurrency market grow and evolve. As for bitcoin, it’s up to the market whether it lives or dies.
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Dudeperfect
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May 13, 2018, 05:45:29 PM |
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I don't think so because Bitcoin has grown so big that it is out of control for the governments to ban it directly unless that ban the entire internet. In the government can only ban Bitcoin to fiat and vice-versa transactions so even, in that case, we will be able to trade Bitcoins for cash or even for the individual banking transactions and hence it will never affect the existence of Bitcoin. Currently, the regulations and media reports might affect the goodwill of Bitcoin and it might also be the obstacle to the mass adoption due to lack of awareness among the general public.
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Snaic
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May 13, 2018, 05:46:06 PM |
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Regulation of circulation of crypto currency in each country by the state is inevitable. In general, this is good for the crypto currency, since without such regulation, the crypto currency will not be able to develop further. Such regulation can not in any way damage the crypto currency, and even more so destroy it. States can not in any way influence the decentralization of the crypto currency. They can significantly weaken its anonymity, forcing users to be identified on exchanges and exchangers. However, this does not affect the crypto currency itself. Therefore, one should not be afraid of the regulation of the crypto currency when deciding the issue of its legalization.
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mahibul49
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May 13, 2018, 05:51:48 PM |
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any regulation in crypto will not effect bad .i think global regulation will help bitcoin to reach in more people but definately some negative thing will come but btc will never die btc is future.
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