Will bitcoin Die because of global Regulations?

[juragane]

I think if there is a clear regulation of bitcoin circulation in various countries I think it is a good move and can trigger a rise in bitcoin prices because bitcoin can be recognized in all countries.

[maxman190]

In most countries, control of cryptocurrencies or not at all, or it is, but the minimum and not always consistent. Some believe that it is impossible to control the turnover, others, on the contrary, that it will take time, but an effective way of regulation is sure to find. Many banks, however, borrow blockchain technology for their own development to simplify transactions and secure savings.

[Bitcoinismylife12345]

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 it will not lead the cryptocurrency to death, however it is a big problem for the community. To be centralized is a big no for the bitcoin users, it is one of the best asset of bitcoin that all of us love. Governments are reacting because they see bitcoin as a threat and I hope the people behind bitcoin will do something about it.

[Nakakapagpabagabag]

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?

Bitcoin was founded on the principle of decentralization, it means that this Cryptocurrency was not regulated by the central authority or any government and organizations.As you said China had reaction is an example of the difficulties in such an approach. China banned initial coin offerings, which use cryptocurrencies as a funding mechanism, to prevent capital outflow and money laundering. The announcement of China's ICO ban resulted in a price declined of as much as $500 in bitcoin's price. That's why global regulations has effect on bitcoin.

[arguelles84]

The market can stay irrational much longer than you can stay solvent

[jpespa]

I don't think bitcoin will die just because of those regulations instead it may become beneficial for every user because it may give more security from hackers all over the world. What's important for everyone is to feel safe storing their money in their bitcoin wallets

[adjudicator]

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?

Thanks for the information, I think these kind of issues about bitcoin will answered and bitcoin will overcome it.  Although there are some issues today about bitcoin, I believe it is just a small problems to bitcoin because bitcoin is still developing and still there are lots of problems that will start to enter soon or sooner.

[shalaza]

Whether we like it or not,that time is coming when bitcoin woud be regulated. Personally, i don't see anything wrong with making regulations to guide the us of bitcoin. Scams are on the rise daily,so we need it. I just hope they don't go to the extreme with it

[Harrow30]

The global Regulations coming into the Cryptocurrency markets is only creating a platform for sanity in the markets as there are integrations already being made. The Cryptocurrency has encroached into the real markets and if anything should go wrong with it, it will have a massive effect on the world economy too. So, the global regulations will help to set a balance and good management to avoid a crash.

[squatz1]

Will it? Who knows. But can it? Yes. If all of the governments of the world worked together in a way that would kill the exchanges for bitcoin, the banks that allow bitcoin purchases to occur on them, and everything else that is involved this is of course going to lead to the downfall of adoption and the full crash of the price of bitcoin.

No one 'normal' is going to get involved with bitcoin if it's illegal. Peopole want to live lives that aren't in fear all the time, and if bitcoin is the reason for that they're not going to get involved with it. It's really as simple as that.

[Oto3]

I don't think so, global regulation of bitcoin will make the bitcoin dead, it will rather strengthen the bitcoin, and make public to have confident and Invest more on bitcoin.

[sammyp]

I expect regulations in Cryptocurrency to help the already well established currencies like bitcoin. Regulations will make bitcoin gain trust of investors. Everyone will know what to do with bitcoin and what not to do with it. Besides that, I think regulations will also kick out fake and scam projects and bring purity in the Cryptocurrencies.

[oni4an]

Technology is unstoppable and the faster all countries recognized the faster we will reach new heights in the economy and new technologies.

[hashshashin]

There is no global regulation! A lot of news that we swami read is FUD, and they are designed precisely to destabilize the market of crypto-currencies.

[Chrystora123]

Bitcoin never dies, Bitcoin since it first appeared never rely on government rules,
so don't worry if many countries are going to tighten rules on Bitcoin...Bitcoin will continue to survive even if its rules are tightened,
and we will most likely be hiding in a Bitcoin transaction, if rules are tightened...

[buburjelly]

A regulation will not make the bitcoin die because the regulation cannot affect anything against bitcoin that is not controlled by anyone and any government. Bitcoin is a freedom for all people in the world in economics and they deserve to get that freedom without any tie rules with the government and any party.

[Urbinklin]

I don't think that regulation is a problem that will remain forever. After all, it is not profitable in fact. Most likely, the regulation is manipulative actions of the media.

[Victorias]

Global rules can greatly affect the price of bitcoin, but they can not destroy him because bitcoin is the future.

[primarydumz]

There's nothing wrong about regulation, in-fact regulation is necessary for bitcoin in order to go mainstream, because it needs for the consumer or user to feasibly feel like they can use it and they want to feel safe in some way and part of that is understanding bitcoin. Bitcoin needs federal entity to become legitimate but it certainly provides additional stamp of approval that would get people more comfortable with it.

[Ishiro5]

i think this is highly unlikely, it may be stiffened for a while but bitcoin will not die. I kind of agree with John McAfee that we are currently in a kind of war with the governments of the world. Interesting thoughts can be seen here. https://youtu.be/8-AirSCMa18