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Author Topic: Will bitcoin Die because of global Regulations?  (Read 4500 times)
vvaswert
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July 23, 2018, 03:48:54 AM
 #1041

If the regulations are very restrictive, this will bring huge impacts to cryptos and could even end this still incipient market close to others already consolidated. But I do not believe that this oppressive movement will occur in all the countries with the highest GDP.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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D3m1r4wanti
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July 23, 2018, 03:56:33 AM
 #1042

I think it's very difficult. one of the hallmarks of bitcoin is that it is decentralized with blockchain technology, if a country will make regulations about bitcoin they should respect the existing system, the decentralized system
Lalendrayasas
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July 23, 2018, 03:58:38 AM
 #1043

I think this is a troublesome time for monetary pros in light of the way that the law is changing well ordered. Be that as it may, for the people who need to gather this is a better than average opportunity to buy.
Javak
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July 23, 2018, 04:32:16 AM
 #1044

Bitcoin is a decentralized technology system, bitcoin will not die due to global regulations. Rules only allow bitcoin to follow rules, but do not kill bitcoin yourself. Especially now that people have realized that bitcoin is very useful for the future, surely people will not keep silent and let bitcoin die
machineskill
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July 23, 2018, 07:45:13 AM
Last edit: August 04, 2018, 07:13:06 PM by machineskill
 #1045

From my point of view, bitcoin will never die because of global regulations. Moreover, It will be accepted all over the world.
since bitcoin is decentralized currencies and its blockchain technology will lead bitcoin to a All time high..now a days many companies,bank,,etc., are implementing blockchain technology.and hence regulation will never effect the price of bitcoin because its decentralized and no one has the right to stop.,
btctalk123
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July 23, 2018, 08:35:31 AM
 #1046

If all the countries will ban Bitcoin, we all can not be able to use it in our area life. Government's can create some structures that will be banning all users that accept Bitcoin.

nikonova
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July 23, 2018, 12:46:23 PM
 #1047

I don't think global regulations will reach bitcoin. But if it will ever happen i don't believe this will cause the death of cryptos.The governments sees bitcoin as a threat to them and central banks.
KingScorpio
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July 23, 2018, 12:47:38 PM
 #1048

there are officially released and unofficially released regulations, bitcoin might more likely die because of its bad image.

and people prefering alternatives.

John vera
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July 25, 2018, 03:51:55 PM
 #1049

Nope i dont think so it will become more populiar and usable BTC will be used for main gol it was made over the world and will be time when we will use BTC and other coins like fiat.  Lips sealed Lips sealed
kumar jabodah
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July 25, 2018, 03:56:07 PM
 #1050

I think regulation is better for bitcoin and other crypto currency. Because it is more focused and attentionable. The market trend of the crypto is definitely worthwhile and it may even be the cause for further investor attraction. And when this happens we'll definitely see the rapidly rising price of the crypto currency and it will be recognized worldwide.
ostrovagaly
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July 25, 2018, 04:32:26 PM
Merited by Azgold (2)
 #1051

Global rules will not be able to kill bitcoins, because bitcoin is increasingly scaling, why they introduce rules and want to regulate bitcoin, the fact is that a lot of transactions take place on a day and no one pays taxes, in other words, money goes past the state and controlling bodies, that's the reason for their concern, they just want to earn money once again, although their participation in the development of bitcoins and everything else is not required, because in order to carry out transactions we do not need banks, we do not need to pay commission, do not need to pay taxes, justify for transferring large sums, you need the Internet, and they can not turn it off. If they make strict restrictions, then believe in the trace of bitcoin will come a completely different crypto currency, which they will not be able to influence. I believe in success crypto! It makes this world better!
xraisers
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July 25, 2018, 04:52:46 PM
 #1052

Global recognition will rather sustain bitcoin to the maximum. And also,  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 globally.
HumberRoll
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July 25, 2018, 05:32:02 PM
 #1053

I don't think something bad is happening to bitcoin and governments want to ban bitcoin. They only want to have more control and I think it is very good in long term for cryptocurrencies. There are some people always panic after any news and they are causing the price to fall
killat
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July 25, 2018, 05:54:41 PM
 #1054

People have been calling Bitcoin a bubble for some time now. It hasn't burst till now. These are just rumours spread by haters and non-believers of crypto currency. You can see the market for yourself and see who is right and who is wrong. Don't be fooled by these people.


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dutchkay
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July 25, 2018, 06:13:39 PM
 #1055

Is there anything like a global regulation. Whereby a single country decides what happens to bitcoin. Are we that always eager waiting for G20 summit guys to decide the fate of bitcoin. All I keep hearing is global decentralization.  Government banning bitcoin all over the world. I thought the idea behind cryptocurrency was to create a free money out of anyone's control. But all I see everyday are people eagerly waiting for bitcoin decision to be made by government. It's sad.
Beartie
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July 26, 2018, 08:45:27 AM
 #1056

Bitcoin can sustain the test of time despite the harsh regulations different government of countries are coming up with to ensure they put a stop to bitcoin trading. They can only try but will never be able to succeed because Bitcoin has grown beyond what it use to be in the past. More people are getting involved
Yurkov
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July 26, 2018, 08:46:23 AM
 #1057

I don't think that is possible cause for me those regulations are made only for some time, after 3/4 years those countries will see possibilities for their economy to make crypto legal for their people.

Rojer1928
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July 26, 2018, 11:46:17 AM
 #1058

Hi, I do not think this will lead to the death of the crypto currency ... but that's worrying.
This is also quite logical as many governments are aware that others (bitcoin and crypto) can pose a threat to today's centralized control banks.

Here, the list you provide only shows that now they are aware that they must act. will the internet and technical tools evolve faster than most regulations. So they are abandoned, they understand it might be a problem, so they try to react.

Finally, if the transaction from fiat currency to bitcoin (and other crypto) is only prohibited ... Well indeed, it will be very difficult to use. However, fortunately this will take a long time. So it's up to us to anticipate this and react consequently! Smiley, yes some info from me ...
bananaohnana
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July 26, 2018, 11:48:24 AM
 #1059

This is a very bad day with crypto market, red overflowing bulletin board. I think this is a difficult time for investors because the law is changing day by day. But for those who want to hoard this is a good opportunity to buy.
android17
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July 26, 2018, 12:45:00 PM
Merited by Blackdeath (2)
 #1060

From my point of view, bitcoin will never die because of global regulations. Moreover, It will be accepted all over the world
Ofcourse, The Government can totally ban bitcoin in there country anytime they want. If they see anomalies or illegal doings because of bitcoin, ofcourse they have the power to ban it. You know what, the reason why some country already banned bitcoin? It is because of illegal happenings with the presence of bitcoin. It is widely used mode as a payment in blackmarket, illegal transactions and if this things continues maybe all countries will ban btc and btc will die.

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