Will bitcoin Die because of global Regulations?

[TomUyamot]

This is not going to grow into a big problem. This appears to be a problem right now because it seems it is an incursion of the territory of Bitcoin by the governments. But for me, in the long run, these government regulations will somehow prove to be of big help in Bitcoin's survival. Once Bitcoin is regulated by the government, it becomes a legitimate technology in which people will not anymore doubt.

[lonlonmarlon]

when bitcoin die because of global regulations more people against for this. Because more people need this more people use bitcoin for financial and for other reason why people need bitcoin and if this is true more people to make sad also me.

[jennygamilo]

If that happen when bitcoin die because of regulations , i think many people will suffer from being poor because most of the users depends their lives through bitcoin in short many people will get mad if bitcoin will gone.

[Dopansam]

I personally doubt this. Bitcoin is bitcoin, and cryptocurrency is already used in some countries. It may be regulated but it will never be gone. Impossible.

[maxman190]

Every major bank is trying to do something in the crypto-currency sphere. Now there is a stable bear market, and for the first time no one predicts the "end of bitcoin".

[Bilong ko]

If any regulation that is created in all countries seems to only cause a panic against the new traders so that the price plummets, but it will not be long for bitcoin prices will make a price recovery.

[MahalQu2612]

In my views, I think global regulations won't kill Bitcoin, its not like these regulations are banning Bitcoin. Also some of these recommendations are just for the good of the people to avoid illegal use of Bitcoin. I think this will be the step for Bitcoin to advance where it can be more acceptable to the public and the government will start recognizing its worth and its help that it can provide.

[buahkudu]

Will the bitcoin Die be due to the global Rule?
may happen, because bitcoin at this time is still acceptable by the government and the bank. because the possession of bitcoin at this point is still unknown.

[roborttyler]

Bitcoin can never die. 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.

[DimensionsOfHell]

Of course this is not a reason for the death of bitcoin. Bitcoin is getting cheaper on fears due to the idea of regulating crypto currency. Whether the situation will change in the near future is unknown. but analysts predict that there is as yet no positive news contributing to the growth of bitcoin.

[budi691]

Bitcoin will not die, Japan becomes the main reference of bitcoin success. and Japan is also a developed and developing country, its movements have always been a role model for other countries. If the regulations in each are different, it must be the rule. but surely there are also countries that have rules that synergize with bitcoin.

[gathingbrus]

I think it depends on how the global regulation progress. If all countries do that, yes of course slowly bitcoin will die and disappear.

[mrben77]

The countries of the Big Industrial Twenties are now considering options for coming to a compromise in resolving the issue of regulating the crypto-active market. Consensus has already been reached in the understanding that this is not a currency. This is a commodity that is not a legal tender. We consider the Crypto currency an asset, and at the global level it is the dominant trend. from this it follows that bitcoin will not go anywhere, but simply its status will be changed.

[Dopansam]

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.

[HaroldFinch]

No, I think BTC itself is hard to regulate, so new national cryptos can be created and fully regulated from the very beginning.
Those countries that will have low taxes or other priveliages for BTC users, can attract lots of investments

[angeltee]

I do not think so because there are no global regulations that guide against cryptocurrencies just like internet. So, bitcoin cannot die,it has gone through alot of ups and downs and it has come out strong.

[Ilegendph]

Of course this is not a reason for the death of bitcoin. Bitcoin is getting cheaper on fears due to the idea of regulating crypto currency. Whether the situation will change in the near future is unknown. but analysts predict that there is as yet no positive news contributing to the growth of bitcoin.

People should not fear regulation because government is ready to accept cryptocurrency and promote it to their investors. Regulation is simply a step to make sure that cryprocurrency will not use in illegal activities such as fraud and tax evasion. It can also use by public officials to hide their wealth and I believe this is another reason for regulation.

[fluctuations]

As I think countries around the world will learn to accept bitcoin, because of the utility it brings. And the rules of the world are just rules to help Bitcoin grow even further to its mission-correct coding currency.

[TurboRS]

Of course this is not a reason for the death of bitcoin. Bitcoin is getting cheaper on fears due to the idea of regulating crypto currency. Whether the situation will change in the near future is unknown. but analysts predict that there is as yet no positive news contributing to the growth of bitcoin.

People should not fear regulation because government is ready to accept cryptocurrency and promote it to their investors. Regulation is simply a step to make sure that cryprocurrency will not use in illegal activities such as fraud and tax evasion. It can also use by public officials to hide their wealth and I believe this is another reason for regulation.

well said,i think its is regulations that will give institutional investers the confidence to invest in bitcoin and cryptocurrency in general it is not such a bad thing, there will always be ways to avoid it if you really want just like regulations in other fields doest always stop illegal activity but it will give people the idea that crypto is not for criminals when gov accepts it and regulates it so more people will feel its safe to dip their toe in the water  

[waitforme]

Rules do not bind Bitcoin, bans do not affect Bitcoin. The ban was wrong to investors and indirectly affected it. But this still can not directly affect Bitcoin because it is anonymous so every investor can break the law silently.