Will bitcoin Die because of global Regulations?

[PAES23]

I don't think bitcoin will die, it can't be hacked, it is supported by people. I never think bitcoin will ever die, global regulations will make bitcoin more popular. Bitcoin will still remain as the top cryptocurrency.

[Rooster101]

Cryptocurrency regulation is certain to happen in many part of the world but it will not going to make bitcoin go extinct. Regulation is created to protect the users of bitcoin from scams and other illegal activities like money laundering. This event would also affect the price of bitcoin temporarily but it will bounce back later as the demand go up again.

[2@abcdeeply]

This is unlikely, if we can trust them and expect them, the BTC will give us a high profit, should not think extreme about them. May cause you to decrease your will.

[Darz299]

They think that bitcoin is a big threat to  the central bank,and they also think it's very dangerous.But we also can not predict the future so we also can not say that bitcoin will die because of global regulations

[lambomkini]

Each country tends to resist cryptocurrencies because of its protection of its big capitalists. This is similar to the embryonic stage of capitalism. The aristocrats who own the land are the same against the revolution, because cryptocurrencies have already impacted the existing economic order. And those who have vested interests are afraid of losing their power and wealth.

[jzale]

This should filter out the scammers that are using Bitcoin's shadow and bring out the potential of Bitcoin as a currency. I think that applying regulation to Bitcoin will make it thrustworty to the public and bring out the confidence to cryptocurrency. If anything, I am agreeing with imposing regulation to Bitcoin and cryptocurrency in general.

[Chooroz]

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 dont think that bitcoin will die because of global regulations maybe bitcoin will be affected by this regulations but i am still confident that bitcoin will survive for long time because many people all over the world is trusting bitcoin.

[bitfocus]

Frist China want to ban all the foreign exchanges in their country.
https://www.ccn.com/china-looks-ban-centralized-cryptocurrency-trading-reports/

See something which has a market of more than 750B USD market capitalization is deemed to have involved a lot of people from the market. You can't say that govt. can leave such a huge popular thing unregulated. Regulations will come. Only if btc will be able to curb its way out from such norms then only it will be said as a global currency or environment but yes it will have a negative effect for once.

Agreed!

[Gibsonlda]

I think this is a difficult time for investors because the law changes from day to day. But for those who want to hold this is a good opportunity to buy. Governments can make as many rules as they want but they have no means to enforce these rules and regulations without investing into the global coin monitoring network.

[greengate01]

Every country has its own regulations, not only China, but there are also other countries that are restricting holding ICO, blocking BitCoin, any cryptocurrency transfers, and regulating bitcoin's action. But in my point of view no countries can do it completely

Yes you're right.Every country has its own regulation.I think bitcoin will not die because of global regulation.It just so happend that bank are scared if digital cryptocurrency will be used instead of Fiat.

[connexus]

Of course not Bitcoin would still be in the market no matter what no one can stop it even of the government regulates it. Bitcoin will continue to be in the market for as long as the people would support and invest on it.

[_crypto_moon_]

It seems to me that in the future, when the crypto-currency community becomes much larger, the crypto-currency market will not react in any way to news related to state regulation. Bitcoin and other crypto-currency can no longer be banned.

[nesty]

Global regulation might affect bitcoin but it will not going to die. It would depend on the country on how they will regulate it. It would take a long time before governments could regulate the crypto currencies.

[Chinedumike]

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.

[cizatext]

I never thought for once that bitcoin will not one day be regulated for goodness sake we don't expect bitcoin with a very high market capitalization which runs into billions of dollars will be left so decentralized, the government are afraid of bitcoin and what will happen to they centralized financial system and at that will do what ever is possible for bitcoin to be control but I know it going to take a long time before they can achieve that.

[doch]

Of course not Bitcoin would still be in the market no matter what no one can stop it even of the government regulates it. Bitcoin will continue to be in the market for as long as the people would support and invest on it.

Bitcoin is not going to die, but it will remain alive for ever, because bitcoin is in its early stage and it will take a lot of time, i think that bitcoin becoming more stronger because of the increasing interest of the people and and i even hopeful that this interest of the people in bitcoin will continue increasing for a long long time.

[bapetdik]

I do not think so. Bitcoin will survive despite global regulations. Even global regulations will not affect the bitcoin I think. It is too much, but I believe in bitcoin. Bitcoin is able to survive for a better future. And no need to think that bitcoin will die because of global regulations.

[Techfrog]

Why it would happen? i think that bitcoin is very strong at the moment and everything is good, i do not see any reason to see it dying or disappearing  from here. The best thing that you can do is just to stop trying to spread fud in here, that is the best thing

[bahtiy]

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.

[indoagung88]

I don't think global regulation of bitcoin will kill the bitcoin, it will rather strengthen and more reliable, global regulation of bitcoin, is what the world is waiting for, to make the bitcoin a hot currency, and universal acceptable.

if bitcoin had to die due to global regulation, it's not the time to think that way. I think still in the middle of the road, bitcoin still remains one of the best. I hope there will be some good news next year. Keep the spirit. Nice to meet you.