amsiran_irene (OP)
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February 21, 2018, 01:29:09 AM |
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I consider myself as newbie to crypto currency, i observed that if there is news regarding regulation of Bitcoin the price fallback will follow.
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godzillarekt007
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Floki Robot
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February 21, 2018, 01:33:40 AM |
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110% correct you are, whether the news is positive or negative the markets always react. Take a couple weeks back for example when South Asian countries were saying they weren't going to ban cryptocurrencies and thought the tech was interesting, the markets reacted by going further down. It wasn't until the SEC sent out a bullish sentiment did the markets recover so yeah suffice to say the markets react a lot to the mainstream media and regulation news.
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Tyrantt
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February 21, 2018, 01:34:04 AM |
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I've never been paying that much attention to price before, during and after the possible crypto ban, but surely if some country was to ban crypto, people in that country would go panic selling and probably dump all of their coins from fear. That could probably have some effect on the price but it also depends what country it is, how many btc holders it has.
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amsiran_irene (OP)
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February 21, 2018, 02:09:34 AM |
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110% correct you are, whether the news is positive or negative the markets always react. Take a couple weeks back for example when South Asian countries were saying they weren't going to ban cryptocurrencies and thought the tech was interesting, the markets reacted by going further down. It wasn't until the SEC sent out a bullish sentiment did the markets recover so yeah suffice to say the markets react a lot to the mainstream media and regulation news.
With that people don't really want this to be regulated and pursue the current day to day transactions of Bitcoin in the market without interventions of the authorities
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bgator76
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February 21, 2018, 02:11:53 AM |
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It falls in response to regulation news in the short term, but in the long term we will need regulation if it's ever going to truly gain mass appeal and be the kind of thing that people can invest in their 401k's.
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JL421
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February 21, 2018, 02:14:59 AM |
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Regulations are a good thing people consider it bad for bitcoin but in today's world many government are against bitcoin and many have even banned it. With regulations being set it ensures safety of new investors , ensures that investors don't have to worry about a ban and panic sell Check what japan did , it helped bitcoin a lot
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fuer44
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February 21, 2018, 02:15:34 AM |
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Although little, but the impact on bitcoin prices. because all countries will refer to one country that provides regulation on bitcoin. and that usually affects the price.
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limmousine
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February 21, 2018, 02:28:02 AM |
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frankly the regulation of a country is very important, because the government's goal is very good to protect its citizens from fraud. it's just that some media and scammers manipulate the news into a serious problem. we also misunderstand and panic to respond.
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rollingstorm45
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February 21, 2018, 02:40:40 AM |
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so true regulations and restrictions may affect BTC prices to fall, as investors from related countries will not want to keep more coins
while the adoption of the government will actually make people compete to buy the coin and make BTC as part of their lives
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Digitalbitcoin
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February 21, 2018, 02:49:36 AM |
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According to specifications of Bitcoins, decentralization is the most admirable technology used to controls overall flow and circulation of generated coins. Bitcoin also have limited supply so I don't think Bitcoins will be regulated. Better, government will try to find out solutions for it. Increasing demand and limited supply will skyrocket price of Bitcoin globally. And Bitcoin will gain more popularity in coming future, which will directly affect and impact on price of Bitcoin against fiat.
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amsiran_irene (OP)
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February 21, 2018, 02:57:10 AM |
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Thanks for the responses, In short government should respond to it in a positive way and the investors should embrace it, for sustainability in the long-term approach.
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Digitalbitcoin
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February 21, 2018, 03:17:26 AM |
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Thanks for the responses, In short government should respond to it in a positive way and the investors should embrace it, for sustainability in the long-term approach.
Yes off course. As who makes governments and for whom made governments. And answer is people. If people are looking out for innovative change which is really revolutionary then why should government creates barriers. Rather I would like to say governments from all over world have to consider possibilities of adoption of blockchain technology for better and convenient future.
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pooya87
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February 21, 2018, 03:42:07 AM |
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I consider myself as newbie to crypto currency, i observed that if there is news regarding regulation of Bitcoin the price fallback will follow.
it was mainly timing that led to "regulation news" causing a drop in price. otherwise the same news is usually around and price is not affected by it at all. that is how news always works! and to answer your main question, regulation attempts can go either way. it depends on what those attempts are. for example Japan also regulated bitcoin and ever since they did that price started rising from $1000 and reached $4000+. you see not all regulations are necessarily bad, they can actually help with bitcoin's adoption or they can slow it down.
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GC2263
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February 21, 2018, 03:46:04 AM |
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definitely affect the price. whatever news from the government or regulator will have an impact on the price regardless of its bitcoin/crypto, stock market, property etc. a good news will push the price up where confident level increases resulting in higher take-up rate. a bad news will have a reverse effect.
If u are in trading, getting an early piece of good news can help having a head start.
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Viellefox1025
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February 21, 2018, 03:59:09 AM |
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Bitcoin is under a supply and demand basis fro determining its price. So any news/speculations has a direct proportionate relationship with the demand. Also the impact of the news depends on how many people were able to be affected to have a significant effect on the market.
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leland orser
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February 21, 2018, 04:12:16 AM |
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That's true, most of the time some regulation of bad news will lead to the whole encryption money markets are in a big losses, and all sorts of FUD about regulation can also lead to the sharp drop in price, but most of the time, when the regulation after the bad news to come out of that is the best time to buy.
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charlotte04
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February 21, 2018, 04:28:44 AM |
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I consider myself as newbie to crypto currency, i observed that if there is news regarding regulation of Bitcoin the price fallback will follow.
Yes, I think that it will give a great impact if there is any regulation that is going to happen, but of course many people will be taxed if it does happen.
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warning_btc
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February 21, 2018, 04:42:07 AM |
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Its depended from how crypto will be regulated, if this regulation accepts big restrictions yes price going back again for the time when peoples find the new ways to fool system
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h0lybyte
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February 21, 2018, 05:16:34 AM |
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The process of imposing regulation on bitcoin always have somewhat negative impacts, at least a number of enthusiastic people face distress but the situation rather becomes firm later when they seek alternate ways of trading. Like we know how deep the price dipped when china imposed banned on exchanges, but later it came on right path though
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lamacchia
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February 21, 2018, 05:17:23 AM |
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yepp Regulation Attempt affect the Bitcoin Price because the regulation will have an impact on supply and demand. while supply and demand will greatly impact on price and bitcoin fluctuations. If someone suddenly sells all his Bitcoin, then the price will go down (supply increases). otherwise if someone suddenly wants to buy a lot of Bitcoin, then it has contributed to the amount of Bitcoin demand, so the price will move up.
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