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KenChanYu
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May 20, 2018, 10:00:45 AM |
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Regulation is something that we're seeing on a massive scale right now. And you're right that it's something global, not just one country is doing it, but every single country has been tightening up on their regulations due to the 2017 bull market.
This is something that can't be prevented. Regulators will do this sooner or later, and right now, it's happening.
However, is it really going to affect bitcoin itself that much? Opening and operating exchanges may be harder, and trading fiat/BTC pairs will be too, but that's about it. The regulations aren't really about bitcoin itself, but rather about bitcoin third party services.
Absolutely! The legality of Bitcoin depends on how the country or territory accepted it as a cryptocurrency. Despite global regulatory moves I think it cannot hamper the prosperity of Bitcoin. Bitcoin has already established a name in the market and with each passing new users and investors come to join because they know the potential bitcoin can offer. Besides, it's not the first time bitcoin is facing such issues, it still stood out and will continue to survive. The mindset of the people are not the same, others may want Bitcoin dead while others want it stay alive. |
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mak2017
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May 20, 2018, 10:02:38 AM |
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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?
Regulations already affected crypto market in 2018, and i think this is only beginning. By making those regulations banks & governments are trying to drop the prices of cryptocurrencies and hold off new people from joining the market. However in long term i doubt that regulations can seriously harm the market, and eventually cryptocurrencies will remain decentralized assets. |
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Agapelove
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May 20, 2018, 10:22:46 AM |
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I think it would be hard to put up a global regulation, because some countries can still notice what Bitcoin can do and probably take side on Bitcoin. Some regulations can't stop Bitcoin because they're only there to regulate and not stop the flow of Bitcoin, maybe some activities would be stopped but Bitcoin as a whole cannot be stopped. Bitcoin is already a working currency and a lot of people rely on it know, its also the base of cryptocurrency, the one that started it all. Global regulation can affect Bitcoin but it cannot put it into a stop.
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bitfocus
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May 20, 2018, 10:53:30 AM |
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Global regulation will try to corner Bitcoin, but Bitcoin has such unique features - it will overcome all.
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main320
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May 20, 2018, 11:15:47 AM |
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Time can tell. Worldwide directions are displayed to pick up control or give impediments and bounderies over things that turn out to be huge to deal with. Digital currency is doing only that, it got so enormous in a brief period. A few nations fear the negative effect of crpyts in the money related directions since it isn't controlled or represented by the legislature.
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BigTeeths
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May 20, 2018, 11:48:14 AM |
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It will not. Regulations can be totally strict or not. Crypto-friendly countries are still going to favor its users just like what Germany did which had become a bitcoin tax haven for people who like to trade cryptocurrencies.
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sabine80
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May 20, 2018, 12:18:33 PM |
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i think the global regulations are good. this means that bitcoin is becoming more and more accepted and recognized as a currency official. that's why I'm more excited about it and do not think it's the end of bitcoin or crypto currency. of course i can be wrong, but i believe in it.
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Itjoker
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May 20, 2018, 12:45:25 PM |
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Actually regulation cryptocurrencies market by the governments will affect to whole sphere positively. Because people will be defended from scamers and they will start to believe to cryptocurrencies.
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suvo05
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May 20, 2018, 12:50:10 PM |
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Some of the nation like china already banned bitcoin, and some are trying to regulate it. But there are some countries which have legalized bitcoin. Not all country is going to ban or regulate bitcoin.
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jekanmasin
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Be Positive Always!
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May 20, 2018, 12:56:18 PM |
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Some of the nation like china already banned bitcoin, and some are trying to regulate it. But there are some countries which have legalized bitcoin. Not all country is going to ban or regulate bitcoin.
its hard for bitcoin to grow up when one nation banned bitcoin. bad reputation and speculation about bitcoin surely make bitcoin price to drop hard. im hope this current trend will going green again. strong community will help bitcoin to grow again. so stand up and support bitcoin. |
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gabinsight
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May 20, 2018, 01:02:59 PM |
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I think it depends on the types of regulations implemented, but it will definitely affect the growth of bitcoin negatively at the initial stage. But it will not lead to the death of the bitcoin.
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teddyppap
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May 20, 2018, 01:22:54 PM |
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bicoin is a global warrior, I think it will never be possible to destroy the bitcoin in reverse. It makes bitocin grow stronger in the future, |
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Wagako
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May 20, 2018, 01:27:02 PM |
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I don't think so that global regulation be the cause of death of bitcoin but some of countries regulate bitcoin just to protect it from greedy people who scamming. Not all countries regulate bitcoin because they want to destroy but rather to protect and make it safe for investors and traders. |
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Chicryptomama
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May 20, 2018, 03:38:36 PM |
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The world is evolving so is every other digital assets....bitcoin wont exactly die when regulated, it could either be more strenghtened leaving out manipulations by some people in the crypto world or the price might come down a bit and be relatively stable
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luisdvmd25
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May 20, 2018, 03:40:14 PM |
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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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Ram krish
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May 20, 2018, 03:43:28 PM |
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I think global regulation never kill bitcoin, In future bitcoin will be accepted world wide. Some countries keep accepting bitcoin payment because bitcoin payment is safe for all.
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napi
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May 20, 2018, 04:10:49 PM |
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it seems that it will not happen, it's possible with the regulation of bitcoin the first price will falter but after that I believe the price of bitcoin will increase very expensive.
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roccstar
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May 20, 2018, 04:16:47 PM |
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I think the bitcoin will not lose or die just because of the global regulation. If bitcoin gets regulated,more investors would invest in bitcoin. Although some countries apply the rules of investment to their people, governments certainly can make it hard for people to have access to crypto though. They're afraid of something they don't have complete control on and they have the means to affect the crypro market.
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zngit
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May 20, 2018, 04:21:33 PM |
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No matter how many countries banned or will banned bitcoin still there are countries who supported bitcoin. As a matter of fact bitcoin popularity will become more well know in the world. I believe that no one can kill bitcoin in this era perhaps it will become more stronger than before.
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jjacob
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★Nitrogensports.eu★
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May 20, 2018, 04:31:16 PM |
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it seems that it will not happen, it's possible with the regulation of bitcoin the first price will falter but after that I believe the price of bitcoin will increase very expensive.
Why would the price falter with regulation? Regulation does not always have to be hostile, like in the case of China. We could have regulation like Malta, which could provide a boost to Bitcoin. The price could explode if something like this happens in a major country. |
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