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Renal
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March 22, 2018, 01:05:18 PM
 #21

if this happens then cryptocurrency will bring goodness to a country because it will be all the people using cryptocurrency as new technology and this is good news for bitcoin users around the world.


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March 22, 2018, 01:23:23 PM
 #22

Twenty biggest economy of the world are keeping eyes on cryptocurrency and planning to regulate it
It means they accept the reality that cryptocurrency has potential when in terms of investmnt and payment method just like Bitcoin. The community is becoming bigger and bigger in every country and it will help the economy to grow since we are paying taxes everytime we make a cash-out. Regulating crypto's doesn't mean the government don't like crypto they just want to make sure we are safe and what we are doing isn't illegal.

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March 22, 2018, 01:24:05 PM
 #23

Many are in fear and are thinking negative about a country that will place regulations on cryptocurrency. Actually when a country places regulations on the use of such cryptocurrency this means that a certain country has accepted the use of such currency within their political territory. Let us say we applied for work and we are hired, the moment we work we comply to the rules of that company and their system; bitcoin is the same, the moment it was accepted in a certain country it must comply to the monetary norms and rules of such state.

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March 22, 2018, 01:53:24 PM
 #24

the growing world of cryptocurrency today makes some countries afraid, it is because they do not want to lose the value of their currency. new policies are emerging to suppress cryptocurrency in order to not develop to people in certain countries.
if indeed this happens then there will be debate in every country, why? because it will have different rules in each country to protect the value of their currency.
is this a good news ?? I think not because if it happens then cryptocurrency will be regulated by state and institution. maybe

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March 22, 2018, 01:55:02 PM
 #25

Twenty biggest economy of the world are keeping eyes on cryptocurrency and planning to regulate it
If that is true then every cryptocurrency must make their move now to improve ther coin so that they may market their coin to these big-time groups.

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March 22, 2018, 02:01:13 PM
 #26

And yes, many governments, many companies and many institutions are trying to make regulations toward bitcoin. Happily enough, they are so slow that I'd say that there is nothing to fear for the next 5 years! Wink

While you may be happy with how slow governments are when it comes to catching up with crypto, I don't see any need or justification to be happy about something like that. The longer it takes for governments to update their regulatory framework, the longer the market has to operate in an uncertain environment, and that's never a good thing.

Regulations will allow financial institutions to participate in this market without having to revert to financial products tied to Bitcoin's value, but not having an underlying value. Currently that's the only option for them, and that has to change. If they are able to participate in this market, they will be able to set up coin backed funds, set up exchange platforms providing 10000x more liquidity than the current sloppy exchange we're dealing with, get ETF's approved, etc. All this isn't happening because the regulations are lacking, and that's a shame. I want these regulations to be forced through today rather than tomorrow. It will be a victory for Bitcoin's utility. Smiley

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March 22, 2018, 03:17:42 PM
 #27

That would be a great sign that crypto currency will rise again and the coin market cap will be in a green color again. And if this will happen the future of the crypto currencies will be in a good trends.

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March 22, 2018, 03:44:16 PM
 #28

Hi,

Where is your list? Where is your source?

I think you are wrong. Twenty is... less than the number of country in the European Union and I am ready to bet that all these countries are currently trying to deal with bitcoin.

And yes, many governments, many companies and many institutions are trying to make regulations toward bitcoin. Happily enough, they are so slow that I'd say that there is nothing to fear for the next 5 years! Wink
Believe OP just means that G20 is keeping a keen eye on the developments happening in the cryptoworld. Can't help but chuckle at that last bit, although it is sad you might just be right on that fact. Governments are never fast acting, especially when it comes to law making. And even if they do make laws quick, I feel like they are going to make them for years circa 2009-2016. Ie the regulation will have little to no effect on what is ongoing now Cheesy.

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March 22, 2018, 03:49:32 PM
 #29

That would be a great sign that crypto currency will rise again and the coin market cap will be in a green color again. And if this will happen the future of the crypto currencies will be in a good trends.
Yes it will good for enthusiast cryptocurrency, all we know if this happen the price coin will increased because will more and more newcomer intend for invest in cryptocurrency. But he/she didn't fasten the source for us, this news still ashen between real or not real. So don't be too proud and don't expect too much because it will make you disappointed, let it flow.

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March 22, 2018, 03:52:44 PM
 #30

Twenty biggest economy of the world are keeping eyes on cryptocurrency and planning to regulate it
This is a good step for bitcoin, where the important concern of officials who want to manage bitcoin, will positively impact on bitcoin growth and full attention to the community, hopefully be a good step and consider a more pro-setting.

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March 22, 2018, 03:57:20 PM
 #31

Why would we need regulation ?

I'm all in favor of answering cryptocurrency's critics who say this is just a way of laundering money for drug dealers and terrorists, and ICOs are just a way of running a FOMO con on gullible investors. So yes, I would like to not be associated with criminals. And that means enduring some degree of regulation.

Regulation isn't necessarily a bad thing. OVER-regulation, and regulation for the sake of making work for regulators--those are bad things. But the most stable and highest-capitalized exchanges in the world are in the most vigorously regulated legal venues, and that's not a coincidence. Market capitalism works best in an environment of transparency, liquidity, and conformity to rules of the road.

That being said, there are a lot of regulations that ought not apply to cryptocurrency and ICOs. Regulators need to better understand the difference between utility and security tokens, for example, and utility tokens have no business before the SEC. Central banks need to understand that, although the should and must maintain a monetary policy that keeps both unemployment and inflation at healthy rates, they will no longer OWN all the money, and they'll need to rely more on moral suasion and on buying and selling cryptocurrency as well as Treasury instruments to implement it.
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March 22, 2018, 03:59:52 PM
 #32

That would be a great sign that crypto currency will rise again and the coin market cap will be in a green color again. And if this will happen the future of the crypto currencies will be in a good trends.
Weill we can really say this is a good news ahead in cryptocurrency. Price can really recover because there are many people already knows about bitcoin, the good that it can have. This may impact a good advantages to the bitcoin community.

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March 22, 2018, 04:03:49 PM
 #33

Twenty biggest economy of the world are keeping eyes on cryptocurrency and planning to regulate it
if the crypto is set by the world economy, what happens? maybe our financial freedom will disappear, and we will be taxed by the government, I hope this will not happen. on the other hand i hope this bitcoin increase.
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March 22, 2018, 04:10:57 PM
 #34

Twenty biggest economy of the world are keeping eyes on cryptocurrency and planning to regulate it
If that is true then every cryptocurrency must make their move now to improve ther coin so that they may market their coin to these big-time groups.

if any coin does that, it means they have already failed in the first step.
cryptocurrencies are supposed to be decentralized or peer to peer not big centralized overlord to big centralized overlord.
besides they should already improve their coin to be working properly enough so that enough "peers" adopt them and they wouldn't even need any "big time group"s approval in first place.

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March 22, 2018, 04:13:04 PM
 #35

We will appreciate this more if there is a list of those biggest economy, anyways If those are the biggest then we should find out what crypto they are planning to regulate for us to buy tons of those to get profit in the future. This is a good opportunity for us to risk to take advantage of those.

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March 22, 2018, 04:14:16 PM
 #36

Twenty biggest economy of the world are keeping eyes on cryptocurrency and planning to regulate it

Whats that? I dont understand your one liner post at all, or may be im not smart enough to understand where are you pointing out this one? What economies you talking about here? Is it the top 20 financial institutes that you are talking about ? If that is the case then I would really recommend you to put forth links for the reference purpose which will make this post more valuable. I mean if that would have been the case then we might have experienced huge pumping in the crypto market immediately as people fall for such news and they start gossiping about it in way which makes market go upwards. :-) However it is pointless to talk about this as there is no proof of this and neither there is much info in your post itself.







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March 22, 2018, 04:16:12 PM
 #37

Lol. 20 large economies are ready to regulate cryptocurrencies. I want to ask who gave them that right? I didn't give them a mandate to do that. It seems to me that this is a hidden attempt to destroy cryptocurrencies. People have adopted cryptocurrencies to get out of government control. Now they're doing us a favor. No need! Us and without them well.
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March 22, 2018, 04:22:56 PM
 #38

They just did it because they see the amount of money that is in the crypto market. Look at that billions of dollars and let us see if your eyes wont  Roll Eyes

It is not the regulation actually, it is the control that they want and a part of that billion dollar money. We wont even feel they are already taking something from us.
They may start at tx fee or something and we would say it is okay. Then another new rule will come until they could all deplete it.

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March 22, 2018, 04:26:03 PM
 #39

Offcourse they will because if they won't then they will proceed to ban it.
Regulation is better than ban for sure.
Government have to control the bad traits ..of the cryptocurrency because if they fluorish then people will keep getting scammed by the fraud ICO's.
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March 22, 2018, 04:26:27 PM
 #40

I coulnd't say which coins/tokens will survive or which one dies.  Probably there will be too much good/bad times on crypto market. But one thing will remain and survice. This is blockchain technology.
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