Will bitcoin Die because of global Regulations?

[trutel]

I am of the opinion that the global regulation of cryptocurrency will have a better impact on the development of the cryptocurrency market. Because they have given the regulations and limitations. The market will move more positively as regulation is favorable to investors.

[bravehearth0319]

Bitcoin will not die because its on the internet and people can find ways to use it. Banning off Bitcoin will only result of people finding ways like using private networks to access Bitcoin and regulating Bitcoin is only regulations its not like that they're putting up a law that no one could use Bitcoin. Bitcoin is digital and it cannot be held physically. Bitcoin will continue to lived on as the internet is still alive.

[edjames]

The introduction of regulations by a number of economically significant countries is only a good thing, in my opinion. It indicates that they feel that crypto is here to stay and want to get some rules established before large numbers of the population start using it.

I think it will effect prices, due to the uncertainly of what direction these regulations will take, but once things start to stabilise , I think prices will rise exponentially

[kirito1614]

The control of bitcoin by various states can not hurt it, if such control isn't unreasonable, that is, it won't be coordinated at its denial. Bitcoin regardless, eventually, ought to have experienced government control, on the grounds that the state can not imagine that it doesn't see the strolling on its domain of a costly advanced money. Such direction is both in Japan for the advantage of the two individuals, and most bitcoin, and the economy of the nation.

[mdrakibul]

Absolutely.Regulation is totally different from banning.Regulation is good for bitcoin's progress.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.I think that the coin might, like any coin. But the technology is going to stay for a very long time.

[berrieswithwine]

Bitcoin itself? I don’t know but the tech behind crypto. I don’t think so, it will just evolve and adapt like anything else until the right one comes out on top and becomes widely used.

[rickyNmorty]

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 local regulations for bitcoin use is just fine as long as it does not prohibit the use of bitcoin but instead encourages it under certain measures. In which case it encourages the use of bitcoin in the said country which is a win win over all because if government sees no harm on digital currencies then they should have let it continue.

[jagdeepjd]

Regulations are good thing for crypto and if more countries come forward to regulate crypto then it is a good thing, regulations are better than ban and also we need to admit it the crypto has to be regulated sooner or later.  Bitcoin wont die because of regulations rather it will progress.

[Stromspirit]

Seeing something that has a market capitalization market has more than millions of dollars considered to have involved many people from the market. You can not say that the government can abandon a very popular thing like the unregulated. Rules will come if Bitcoin can curb economic growth and pose a threat to others. if transactions from fiat currency to bitcoin and other coins are prohibited, it may be very difficult to use. However, fortunately this will take some time. So it's up to us to anticipate this and react with the consequences.

[careCentre]

I don't believe or think it will die. Bitcoin is regarded as a global P2P network. Governments can make as many regulations as they want but they do not have the means to enforce those rules and regulations without investing into a huge "global coin surveillance network" or seriously interfering with basic human rights. The only thing the government can do is them regulating when cashing out for fiat.

[eashikde]

Bitcoin just can not take it and die. In this crypto currency is invested a huge amount of financial resources of investors. The future will show what will happen to bitcoin because of the game without rules.

[SirEGB]

Bitcoin and Cryptocurrency in general can't just die off, no matter the level of regulations by any Governments, demand and supply makes it resolve all round

[mrsimons121]

This is real trouble time for bitcoin. Anyway the good news is that all the countries are talking about regulation and not outright ban on crypto. Bitcoin will not die if it is only regulations but the price will surely be affected.

[vaughn125]

Honestly, despite being against the true ideology of bitcoins, I do not think that regulation will kill bitcoins because it will be making way for mass adoption. But if the governments and the banks abuse their powers over cryptos and the people using it, then that may be the end of it not just for bitcoins but for this industry as a whole. Let's just hope that this does not happen.

[overseer470]

Just some countries. I think it is not the world. They can kill Bitcoin but can not turn their back on their people. Bitcoin is more and more widely known. They can create many Bitcoin rules to manage but not kill Bitcoin. Just like changing human habits will change by, it is positive.

[mikki14]

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?

Those won't be the end for bitcoin. Most of the other countries were concern about ICO scams that's why they want to regulate it. And never forget that there are countries that has legalized bitcoin. It is only a proof that cryptocurrency become known, and also they want to protect their people from scams that's why regulation is also needed.

[FeatherFan]

I think the bitcoin global regulation makes bitcoin acceptable in different countries and I think that bitcoin is waiting, which will make bitcoin a popular and universally accepted digital currency. and will cause many investors to invest in bitcoin.

[yangdd]

The fact that bitcoin does not kill, makes it only stronger. But I believe that the regulator on the part of the state should be present, as many scams who want to cash in, and remain unpunished.

[Cryptpopo]

bitcoin has come to stay globally. bitcoin can not die irrespective of the global regulation.

[jjjrmy]

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.