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Author Topic: Will regulation kill cryptos?  (Read 766 times)
metenjean
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April 10, 2018, 09:42:36 AM
 #21

Its understandable but also required if crypto especially bitcoin want to be accepted as a digital payment or more like an asset by whole. Since there are no regulation about crypto, people create ICOs and more are popping everyday which used to scammed people. Regulation created to counter these so in the end there will be only one absolute coin which is Bitcoin to become acknowledge by the government. It hurt the price at first but it has a better prospect for the future development.
vickybitcoin
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April 10, 2018, 09:45:05 AM
 #22

Regulators want to make sure they protect investors from scams, while at the same time allowing the industry to develop and deploy the new technology in interesting ways. Overregulation could move the action elsewhere, which is what happened in China.

It’s too early to tell who's doing the best job of setting the rules. Nations are taking various tasks.

What do you think?
There is a big possibility that if the cryptocurrencies are regulated its essence will be gone because surely they will do their best to take control and tax it higher.😑
buburjelly
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April 10, 2018, 09:48:17 AM
 #23

We must first see what the regulation is made, does the regulation really freeze the transaction process from crypto? If so, crypto will die. But, I do not think all countries will do regulation that can kill crypto because one country can accept crypto will survive even though dominated by regulation from a various country about crypto.
akmittal
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April 10, 2018, 09:51:49 AM
 #24

Regulation will not kill cryptos. It can only kill the frauds and spams which are surviving only in absence of regulatory. But regulations should not be imposed by the individual country. A separately international recognized body should be there to regulate the crypto similar to International Monetary Foundation.
Kokondao
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April 10, 2018, 09:57:40 AM
 #25

Rules will not kill bitcoin, if the rules are good and side with the user I think it will increase the bitcoin strength going forward.
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April 10, 2018, 10:01:47 AM
 #26

Of course he will. This rapid rise of Bitcoin was stopped by many governments.
People are using coin because of commissions and taxes. For this reason, the banks are very opposed to this market.
vickybitcoin
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April 10, 2018, 10:02:17 AM
 #27

Regulators want to make sure they protect investors from scams, while at the same time allowing the industry to develop and deploy the new technology in interesting ways. Overregulation could move the action elsewhere, which is what happened in China.

It’s too early to tell who's doing the best job of setting the rules. Nations are taking various tasks.

What do you think?
Yes it will be altered. There will be a big difference from now that it is decentralized to when it will be regulated or controlled by the government.
MainIbem
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April 10, 2018, 10:04:24 AM
 #28

Regulators want to make sure they protect investors from scams, while at the same time allowing the industry to develop and deploy the new technology in interesting ways. Overregulation could move the action elsewhere, which is what happened in China.

It’s too early to tell who's doing the best job of setting the rules. Nations are taking various tasks.

What do you think?
The very essence of cryptocurrency is deregulation. Any form of regulation is against the very fabric of deregulation hence cryptocurrency. It is a good thing to think the regulators are protecting against fraud and scam, but hey, they have not successfully protected these guys from defrauding and scamming users of fiat currency. Just think about that!


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troglobait
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April 10, 2018, 10:06:33 AM
 #29

I do not think that at least something can kill the Crypt. But to influence the course completely. this market is already giving out, good news!
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April 10, 2018, 10:09:01 AM
 #30

Regulations will harm the growth of crypto currencies. Its the other way by the governments to stop crypto currencies.
Crypto needs no governments to be regulate.

poldanmig
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April 10, 2018, 10:10:24 AM
 #31

Regulators want to make sure they protect investors from scams, while at the same time allowing the industry to develop and deploy the new technology in interesting ways. Overregulation could move the action elsewhere, which is what happened in China.

It’s too early to tell who's doing the best job of setting the rules. Nations are taking various tasks.

What do you think?
if regulation makes investors feel safe and comfortable in investing it may be a fresh breeze for investors and chances are one day bitcoin will be growing and more successful

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sarajahon
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April 10, 2018, 10:12:36 AM
 #32

Not exactly!
It is unpredictable to say what might be the future of Cryptos after regulation.
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April 10, 2018, 10:13:32 AM
 #33

I do not think so. Because the regulations are designed to help the cryptocurrency market grow and in order, avoid possible risks. A good market requires good measures and rules to help investors trust and participate in it. This is what countries are doing so the cryptocurrency market is growing.

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April 10, 2018, 10:17:31 AM
 #34

Regulations in itself are meant to protect and aid us from destroying the community. However, these regulations must be borne out of fairness and equality such that the system may be sustained for the good will of all.
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April 10, 2018, 10:18:34 AM
 #35

To kill the crypto I do not think it's easy, and if you want to use advanced technology and benefit many people, that's great to do.
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April 10, 2018, 10:20:08 AM
 #36

Regulators want to make sure they protect investors from scams, while at the same time allowing the industry to develop and deploy the new technology in interesting ways. Overregulation could move the action elsewhere, which is what happened in China.

It’s too early to tell who's doing the best job of setting the rules. Nations are taking various tasks.

What do you think?

We should change the way we percieved regulations. It doesnt kill cryptocurrency, its making us safe. Although it has been misunderstood as a threat because it may somehow affect the prices in the market. In general its for the sake of those who invest.
In contrary with that, Everyone knows that Bitcoin as the mother of all cryptocurrencies has been made not to be regulated or controlled by the government due to its decentralized feature, but changes is constant. We never know, will it ever make a progressive changes or not.
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April 10, 2018, 10:24:41 AM
 #37

It depends on who regulate cryptocurrencies. They are many cryptocurrency friendly countrys here on this planet. So those gouverments will make cryptofriendly laws. But there are also other gouverments wh dont understand what cryptocurrencies are and how they work. Those country will regulate very hard. The best example is poland. They made some new rules about cryptos, which you have to pay taxes for the time since bitcoin exist, so you have to pay for the past. So if you own cryptos for fifteenthousand, you can pay a half million of taxes Grin
cryptoalfs76
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April 10, 2018, 10:37:38 AM
 #38

Regulators want to make sure they protect investors from scams, while at the same time allowing the industry to develop and deploy the new technology in interesting ways. Overregulation could move the action elsewhere, which is what happened in China.

It’s too early to tell who's doing the best job of setting the rules. Nations are taking various tasks.

What do you think?

As far as i know,being regulated country in terms of digital currency is not killing  the  cryptos investment instead it will promote a capitalism of the country  by providing an economic growth and social  responsibility,so therefore for being an regulated countries its a big advantage and oppurtunities to have this kind of own virtual currency technology,because its will provide a good status of the economy of the country.

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April 10, 2018, 10:43:39 AM
 #39

Regulators want to make sure they protect investors from scams, while at the same time allowing the industry to develop and deploy the new technology in interesting ways. Overregulation could move the action elsewhere, which is what happened in China.

It’s too early to tell who's doing the best job of setting the rules. Nations are taking various tasks.

What do you think?
As you said if a country is trying to over regulate a new technology then it can't grow as its full potential,so regulate it with appropriate requirements other than the high taxes.And if more and more country keep doing this then it may kill the cryptos.









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April 10, 2018, 10:47:31 AM
 #40

On the contrary, regulations might just be the thing that cryptos need. The market now is very easy manipulated by whales and anyone who has enough money and enough coins in their possession but with regulations and trading rules, the market will be harder to manipulate and people would not be able to sway the market in their favor at will.
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