bitterdog
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June 11, 2018, 11:15:31 AM |
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If we talk about how much global regulations affect bitcoin, im sure it also affected the market. But, i don't think it could kill the bitcoin. Because in reality there are some country that already accept the regulation of bitcoin.
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jeraldskie11
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June 11, 2018, 01:11:05 PM |
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I don't think that bitcoin will die because of global regulations because we knows that bitcoin is so powerful and popular but i think the price will be affected on that way. No one can control and touch it because it's made by decentralized technology so i don't this will truly happens however it will exist a long time but just only my own opinion.
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Josiah Dave Leonor
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June 11, 2018, 03:47:04 PM |
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I think bitcoin will not die, it will just limit the use of it . For other countries it is a threat for commercial banks but let us think, the government will not spend alot of money just for utilizing or banning this system . Still crypto and bitcoins will still stand because there are so many countries that still not wasting time putting regulations to it
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ggh0stt1
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June 11, 2018, 04:13:59 PM |
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Bitcoin can not die because of the establishment by various states of the rules of its circulation and regulation in this country. Regulation of the crypto currency is a logical and logical process of its development. It, as a rule, includes the definition of the status of the crypto currency, the conditions for its circulation in the country, fixed in specific regulatory and legal documents and the conditions for its taxation. In order for the Crypto-currency to be legalized and gain legal status, it was protected by the laws of this country, we need such a process of legalization and regulation. Without this, the crypto currency will not be able to develop further. The state vseravno in the process of such regulation can not in any way violate the basic principle of the existence of bitcoin - the principle of its decentralization.
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RoftheN
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June 11, 2018, 04:25:15 PM |
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So this is all old news and if you read up on the G20 meeting that happened few months ago in which it was discussed regarding the crypto markets then they came to the conclusion that the Bitcoin markets don't need any regulations currently. If you don't know than there cant be a much positive news which just assures the community that the governments aren't going to come after bitcoin harshly.
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btyco
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June 11, 2018, 04:31:38 PM |
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We're aiming for crypto to be at least a trillion dollar market. It will be difficult to reach and surpass this goal without government approval and that won't happen without regulation.
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Cryptoproff
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June 11, 2018, 04:35:30 PM |
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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.
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SportaICO
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June 12, 2018, 11:56:37 AM |
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The question is not whether Bitcoin should be banned, but can it be banned? Even tracking individual wallets is difficult, because a person can easily hide it with VPN, Tor, or move a wallet into a cold regime (offline). Moreover, people involved in crypto world would protest against law regulations, as they are threatened to lose their investments.
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imking
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June 12, 2018, 12:08:08 PM |
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I don’t have a specific idea if all the nation that you mention will ban the bitcoin or global regulation of bitcoin. I think bitcoin will not die even there is a regulation. For me, they only make a provision to avoid the people using the bitcoin on criminal activities like money laundering. I saw the news that Philippines Bank Central would also make a regulation on the exchange company and those ICOs. I am not sure if they will make the provision or they only say it on the news.
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Ankhesenamun
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June 12, 2018, 12:10:38 PM |
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I guess not. After all, many of the rules can be bypassed, especially bitcoin is quite a significant currency for the crypto-currency market. And doesn't look like it will fall soon. So don't worry about her.
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robaya
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June 12, 2018, 12:34:33 PM |
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I guess not. After all, many of the rules can be bypassed, especially bitcoin is quite a significant currency for the crypto-currency market. And doesn't look like it will fall soon. So don't worry about her. I agree that bitcoin is a coin that has a name and a high value. the value is down it can happen in the world of cryptocurrency, but that does not mean bitcoin will fall just like that. as long as there are we, traders, miner associated with bitcoin, bitcoin will still exist.
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cabron
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June 12, 2018, 12:39:13 PM |
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Its frustrating to see price dip this low because of this regulations though. If it dies because of this then I guess those guys above are just going to laugh hard like they won the future again. Sad to say the people investing in btc are all after the fiat money it can provide to them still. Nothing beats fiat still when it comes to purchasing power in the offline environment.
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jayarbillones
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June 12, 2018, 12:58:04 PM |
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for me more people are being aware and understands that bitcoin is the future. the next generation will never ever allow bitcoin to just die.,I think it do not affect the bitcoin programme, because as a decentralized type of technology ,then I can say that , the global regulation can hold or command bitcoin , to follow this regulations.
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amsiran_irene
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June 12, 2018, 01:07:42 PM |
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I believe Bitcoin wont die, this regulation is only for the start-up projects doing an ICO or crowdsale this should be regulated for the investors sake. Bitcoin is untouchable.
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francism0707
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June 12, 2018, 02:50:03 PM |
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This is only my thoughts...
If bitcoin will be regulated by the governments for taxation purposes or some legal intentions so that bitcoin wouldn't be used for illegal activities, then, I think bitcoin will not die.
The only time that bitcoin will die is when we are not able to convert bitcoin into fiat money.
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alex lionel
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June 12, 2018, 03:21:30 PM |
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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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gentlesimmy
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June 12, 2018, 03:28:52 PM |
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Bitcoin can and will never die
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Black boy
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June 14, 2018, 06:01:38 AM |
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I don't think any global regulations can kill bitcoin. More and more people are being aware and understands that bitcoin is the future. Thus, the next generation will never ever allow bitcoin to just die.
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tumokatok
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June 14, 2018, 08:43:04 AM |
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it is certain that many buy bitcoin because bitcoin has become legal with regulation for bitcoin and certainly not, when there is a rule for bitcoin it is sure the bitcoin price will be very high
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james.james
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June 14, 2018, 08:45:28 AM |
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I do not think the global regulation of bitcoin will kill bitcoin, it will be more reinforcing and more reliable, global regulation of bitcoin, is what the world is waiting for, to make bitcoin into a hot currency, and universally acceptable.and some areas are already in use in real life.
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