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Author Topic: Will bitcoin Die because of global Regulations?  (Read 4578 times)
yoshua27
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July 28, 2018, 11:42:16 PM
 #1081

bitcoin can die because bitcoin has no real money form so many people do not recognize bitcoin value
bling-bling
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July 28, 2018, 11:44:18 PM
 #1082

I don't think so. I believe that regulations are created to partially control Bitcoin and the crypto market as a whole, not kill it. I also believe that some governments are actually among the great whales in the crypto sea. So why would they want to kill something that generates them huge profit?

Huntler1993
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July 28, 2018, 11:52:11 PM
 #1083

Global regulation will not kill bitcoin but it scare people out since we all know what these government people are capable of. Always trying to bend things in their way. Let wait and see what happens next.
Liza Soberano
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July 28, 2018, 11:56:45 PM
 #1084

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 yes, specially when the rules that has been publish is about the bitcoin and its negative part when people use it. If that will become the rules globally many countries will make a decision like making bitcoin banned in their country or stop using bitcoin in their country. If that happens many people would suffer and many people will lose hope on becoming rich or wealthy because bitcoin helps many people to avoid being poor.
Verde_Mantis
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July 29, 2018, 01:51:07 AM
 #1085

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?
Bitcoin will never become centralized, the only cryptocurrencies that may be created to be centralized would be countries' cryptos, but it wouldn't make any sense since the cryptos were born in order to be decentralized...
cryptoJTR
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July 29, 2018, 03:00:24 AM
 #1086

I dont think bitcoin will die due to global government regulation. In my own opinion, i guess regulatory threat can bring benefit also to the crypto community since govenment can create a regulatory body to protect the welfare of the investors from any fraud and scam ICOs which are rampant nowadays. As we all know, blockchain technology has been utilized by criminals also in the history. Thus, it is quite beneficial if regulations will be designed by higher authorities eventhough it contradicts the idea of decentralization benefits of cryptocurrency.
lanalang
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July 31, 2018, 10:59:19 AM
 #1087

I don't think so because every day more and more people believe in the future with Bitcoin. I think that global regulation cannot be the problem for Bitcoin. People always finds a way to work with it illegal.
Asawakobana2017
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July 31, 2018, 11:04:35 AM
 #1088

Now encrypted digital currency too much, all countries can't good track flow, also can't to hide huge wealth tax, so be more countries ban is a must, but BTC represented by decentralized digital currency, and can be a very good growth shows, each country and cannot control the anonymous encrypted digital currency.
So it's still good for BTC, it's going to be higher.
Bitcoin will not going to die because it will not become regulated in all country, I believe also that there are so many country that support bitcoin and they maybe didn't want also to bitcoin being regulated. I think bitcoin is really amazing because even if sometimes it will face some negative issue it will still rise.
SaiWAFU
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July 31, 2018, 11:10:03 AM
 #1089

Well bitcoin is breaking most government laws. I don't know if satoshi intentionally made bitcoin for that but, a lot of users have been attracted to use bitcoin to avoid taxation and be anonymous for transactions.

Governments are pushing cryptocurrencies to be regulated as it can be a future threat in a countries security.
frey_oh
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July 31, 2018, 11:21:02 AM
 #1090

bitcoin will not die due to global regulations, because maybe there are  some  a new packaging. It can affect maybe also for the price in the narket but not to destroy the bitcoin, because btc is separate from other
BestRate
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July 31, 2018, 11:27:58 AM
 #1091

Regulations are not able to make crypto centralized. The idea is that governments just trying to protect its own currencies. They can implement some rules for the crypto holders, but they can not totally prohibit it
blackbold
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July 31, 2018, 11:36:34 AM
 #1092

government regulation of cryptocurrency has a big influence on the price movement of crypto, this is because government regulation causes negative sentiment toward the crypto investor so that investor who interesting in crypto will decrease and cause cash out from crypto.
but I think bitcoin will survive even though many countries ban crypto, there are still many investors who are optimistic about the future of cryptocurrency
arc67583
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July 31, 2018, 11:57:25 AM
 #1093

It can be limited or reduced for some extend in the world due to global regulations but if Bitcoin to die every government may need to ban Bitcoin and it is something a nightmare of Bitcoin holders that they will loose there life time earns in a moment but there is a high possibility it won't happen because the world view towards Bitcoin is rapidly changing for it's favor so Bitcoin will never die 
Mingkuk
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July 31, 2018, 01:01:12 PM
 #1094

Bitcoin never die global regulation cant do that. My opinion that the global regulation of cryptocurrency will have a better impact on the development of the cryptocurrency.
RenzCoballes
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July 31, 2018, 01:10:04 PM
 #1095

Yes,because of the worldwide manage, Bitcoin will kick the bucket. Now I figure Bitcoin does not ereate a major risk for Cantral Bank, but rather they surmise that it will be unsafe and they need to make cash as money yet as I would like to think it will be nakedness.
osmo
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July 31, 2018, 01:15:52 PM
 #1096

I think the regulation made by some of these countries will have little effect but the effect is only temporary, I think bitcoin will keep growing although many regulations in different countries try to stem bitcoin bits, bitcoin can overcome all that

PJLimbo
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July 31, 2018, 01:18:10 PM
 #1097

Administrations of various nations continually settle on various choices on digital currencies. The vast majority of these choices don't assume any part. However, the digital currency advertise is extremely touchy to these news
Tulanpa
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July 31, 2018, 01:20:15 PM
 #1098

It depends on country, some country regulations can not affect while some will affect but a country regulation that can affect bitcoin will av to be a giant country like America, Nigeria, great Britain etc
medconindi
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July 31, 2018, 01:21:39 PM
 #1099

It seems to have an effect on the bitcoin market but I do not think bitcoin will die that easily.
karagun125
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July 31, 2018, 01:23:34 PM
 #1100

I think not, because there are so many investors throughout the country and besides the investors and traders not want bitcoin to die, they make more money out of bitcoin marketing and trading, they dont want this to happen, although this is possible.
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