WHY PANIC? Regulation talks are positive

[DAVETUN]

With adequate knowledge and an understanding of how the crypto space work, we will tends to build a strong community, with that world leaders will have no choice than to accept and embrace the crypto space, regulation will tends to bring decorum into the crypto space.

[slyfox]

There are two ways of looking at this,there are people who started using this platform simply because they are away from the government regulation and they cannot control anything and the expected future investors does not care about the reason the market started in the first place as they wanted profit.

I think that is just a natural evolution of the market, most people that invested early in bitcoin where mostly idealist, but now the people that are putting their money in cryptocurrencies are not doing it in an effort to support a project they want to get profits, and they want to get it fast so they do not really care about the regulations except for the effects the regulations may have on their profits.

[NJB18]

If only not for those scammers and people making projects but leaving it after taking large sums of money, this regulation issue shouldn't be here in the first place. I am just fine with regulations for as long as it is not destroying crypto and its decentralization system.

[fklfyl]

i don't think anyone is really panicking i think the media is trying to let us think that people are panicking when the general populace really isn't. Bitcoins is such a good currency that even if regulations were to be brought to the table once they cant be circumvented we the people would accept and work with them to ensure we can still use our coins. If you notice you learn about these panic situations in the media you b hardly hear it from the mouth of the general populace . no one is panicking cause by now we have a good enough idea of what to expect from bitcoins including its potential to rise and fall however this "panic agenda" is being pursued by the media and not the bitcoin community.

I feel that the global regulators may be worried about the possibility of cracking down on cryptocurrency transactions. It may cause the bitcoin's gains to slow down, but it should not jeopardize the existence of such currencies.

[AliMan]

i don't think anyone is really panicking i think the media is trying to let us think that people are panicking when the general populace really isn't. Bitcoins is such a good currency that even if regulations were to be brought to the table once they cant be circumvented we the people would accept and work with them to ensure we can still use our coins. If you notice you learn about these panic situations in the media you b hardly hear it from the mouth of the general populace . no one is panicking cause by now we have a good enough idea of what to expect from bitcoins including its potential to rise and fall however this "panic agenda" is being pursued by the media and not the bitcoin community.

I feel that the global regulators may be worried about the possibility of cracking down on cryptocurrency transactions. It may cause the bitcoin's gains to slow down, but it should not jeopardize the existence of such currencies.

Now that bitcoin is gaining more and more popularity and more people are using it, it's a natural response for bitcoin to be noticed and to be implemented with regulations especially that more and more people are getting involved with it. But those regulations should be done in balance and with the  right knowledge.

[wanted sliter]

Crypto if the overall look actually has many applications in reality and in the future. It's too good and many people think it's a threat because it robs their profits, robbing some of their work. Blockchain is the way we stop corruption and save much money for the world. G20 they have a proper view on crypto.

[gaurav82]

We are using traditional kind of money. Bitcoin is new kind is hard to accept. The India government is not positive for it. The people who involve in it only target is make profit because they don't trust on it. And believe that this kind of money can not successful. So when price fall panic comes and they start to sale.
This is condition in India.

[Alohadance]

I believe in bitcoin. It is traditional usd in cryptocurrency and it will be used for a very long time. So after regulations will pe only positive moments

[Sowik]

I also think that regulations are a good thing. This is the only way institutional money comes in.

[beej]

People are getting used to all the controversies with cryptocurrency. The only reason I think that
makes people panic is numbers and prices in the market. No matter how distinct regulations issues
may be, it's old news. Governments will reject and accept crypto from time to time, but the
market is growing, it's only a matter of time when things will settle and we will have new things
to worry and panic about. Innovative solutions don't just settle in overnight, it's the same case
with bitcoins and altcoins. Everything takes time and these things have a way of working out.

[nikisev]

Nothing is certain for sure.
But i think the idea that you can have decentralized consensus that does not require third party approval will change the world.

[jeremypwr]

100% agree and the worst thing possibly to do is sell off in a bear market.
Panic selling will leave you in the whole, if you feel the urge to panic sell at times like these, shut off your computer and find something else to occupy your time.
You will regret selling at times like now when we're preparing for the running of the bulls!

[slyfox]

If only not for those scammers and people making projects but leaving it after taking large sums of money, this regulation issue shouldn't be here in the first place. I am just fine with regulations for as long as it is not destroying crypto and its decentralization system.

Regulations are never going to destroy cryptocurrencies and the decentralization behind them, regulations are just an attempt to curb adoption and to make it harder for a lot of people to avoid paying their taxes, that is all, as long as you're willing to pay your taxes regulation is not going to affect you that much and if you do not use exchanges regularly then any regulation is going to have minimal effects on you.

[Ailmand]

Well it depends on the level of regulation. If they severely restrict who can transact or even outlaw bitcoin then we could be in trouble. Banning or restricting ICOs would also have a negative impact because a lot of the money transacted inc cryptos is being fueled by ICO investment etc. If suddenly they become a heavily restricted market with KYC regulations etc then a lot of them will die off or find it hard to get investors.

That's right. The word or act of regulating can mean so many ways. Each country has their own view of how the cryptocurrency market works, and what it can do for the market globally, and in their local markets as well. Unfortunately, many countries and business entities still that the cryptocurrency is not a good means to do business, and so, it stops them from actually embracing the market. I just hoping that whatever regulation will be made is for the better and not for the worse. Also, I hope that it has provisions that would safeguard its users.

[Carmen01]

If the situation is like that better to save your btc in some place with private keys because even they banned crypto in your country still you can sell it in other place,i think also if the government not use digital currency anymore of course they do that because they not experience good here so if there reason why they banned this already in your country of course that's to people so accept that and find other way to continue your bitcoin journey

[bitcon]

Phenomenon of cryptocurrencies have been a symbol for me of personal freedom and of great opportunities in a world scale. That’s why talks about any kind of crypto regulations worry me in some extent.

[online73]

The more panic, the faster Bitcoin will start to rise again in value. Panic is sown by those who want to buy digital gold at low prices. Whatever restrictions and rules for digital currencies are introduced, one thing is clear, somebody is afraid of something, you can hide behind any definitions. But the truth is the main, we never know.

[rockie87]

That's the positive things that we can take out this market.Botcoin is considerably low but the flow in alts has hold the market firmly.

[pancawati77]

Maybe they are tired of waiting and throw their coins without leaving anything. I also hope there will be a time when they realize that this is the beginning and we enter in an era where blockchain technology will be widely used and then they can celebrate to hold and support as a cause. All those risks depend on us whether we can withstand our passions in order to gain more profit.

[travieso]

I think people who panic are people who do not have a handle of their lives is following a trend what is booming they follow and what is being circulated about what they follow them also follow. if we are patient and calm I am sure our choices will not go wrong