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Author Topic: Regulation of Bitcoin  (Read 1193 times)
Kahoy01
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June 08, 2018, 01:41:37 AM
 #141

Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ?
If a cwrtain country were to regukate bitcoin in theur territory in the expense pf letting it operate in there, then I think it is still a good idea abd a gopd opportunity for bitcoin to expand its reach. However, the big problem about regulating bitcoin is that it could not be regulated that easily. One of the biggest solution was to ban and potentially shut down internet in the country but that would be a huge issye on the violation of human rights.

Goldenprog
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June 08, 2018, 02:33:07 AM
 #142

If the government makes a rule against bitcoin then the rules in bitcoin are different. Better the government only accepts taxes.
kucritt
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June 08, 2018, 02:40:58 AM
 #143

if there are any solution about government want to banned bitcoin i think make a bitcoin regulation is the best choices that will all people take compared that government banned bitcoin forever and i think it will very helpful for country because they can watch about transaction and can taxes the people who own bitocin and get income from bitcoin

Marlo0619
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June 08, 2018, 02:53:26 AM
 #144

Post everyday, then you must not have any other accounts or else it will be banned. Your posts must not be copied from other post. Your post should not be repeated. Use the bitcoin wisely.

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jasonhart
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June 08, 2018, 04:39:22 AM
 #145

There are no such limits or regulations on Bitcoin. Through Bitcoin isn’t legalise over all the country so in some country they have their own rules and regulations. Regulations of bitcoin by governments will boost people faith in bitcoin.
jurelmartin
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June 08, 2018, 05:16:31 AM
 #146

Technically they can't put a regulations to bitcoin because that's the idea of bitcoin and how it was created to eliminate the ones who control or runs it. But let's hust say that they put a regulations to it the price might go down becuase the reason why people is in to bitcoin is that it is decentrelized idea and thats what they want
bauntyshark
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June 08, 2018, 09:55:44 AM
 #147

All for the sake of profit I think government will receive a lot of profit from taxes. Because cryptocurrency are outside the government taxes reach)

Lexurdania
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June 08, 2018, 10:45:17 AM
 #148

Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ?

I am believe that in the future government will give bitcoin or cryptocurrency regulation. With regulation from government on crypto, many peoples will investing on cryptocurrency and that will make market rising and i think market cap can reach trillion dollar

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kasemin
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June 08, 2018, 10:54:14 AM
 #149

If Bitcoin in each country has its own regulation it will be many changes that can happen, even the price will change. The government all want to set Bitcoin and all other coins but cryptocurrency has no limit so they will never be able to control it.
chrismartin
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June 08, 2018, 11:02:37 AM
 #150

The goal of bitcoin is to make some transactions without any connections from government. And i dont think so that its good thing when government will be there in place. And if that thing will happen, we dont have no choice on it mate.
dodz031718
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June 08, 2018, 11:06:47 AM
 #151

Bitcoin is meant to be officially regulated by government regulations.I think that can be regulated in the exchange of bitcoin or another crypto.This is true in some countries such as examples of KYC implementation for its users.Regulations of echanges and restrictions that may  disturb the investors or enthusiasts privacy would really affect it's price and market.
Choyor
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June 08, 2018, 11:14:59 AM
 #152

If every country has its own regulation then it can be ensured that it will change Bitcoin's price which will benefit the country from taxes, because every government makes a rule of course they will impose taxes.
emezh10
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June 08, 2018, 11:24:57 AM
 #153

Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ?
If bitcoin would be regulated by the government, it would deform the natural program and may affect the operations, price movement and even the services it provides to the public. Some of these changes might be good for us and some might not. But, lets all hope that it will not altered the original purpose of the technology. Allocation of wealth and collection of revenues will play a major role in this regulation.
TahuDiniHari
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June 08, 2018, 11:26:52 AM
 #154

Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ?

Direct influence may not be, but if government-issued news about bitcoin, let alone it's a matter of prohibition. it greatly affects the market. especially for enthusiastic enthusiasts who will re-think.
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June 09, 2018, 11:17:39 AM
 #155

Bitcoin is an invisible many. They have special many. Bitcoin is possible to sell products through the Internet in the international market. But Bitcoin's goal is to trade or trade in goods without the intervention of any country's government.
aioc
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June 09, 2018, 11:24:04 AM
 #156

Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ?

I don't like it because it is a big deviation from cryptocurrency value and goal like all the other views they just want to tax people who are into cryptocurrency and wants a big share from the industry, and of course they want to know who are the whales in the cryptocurrency so we must all fight regulation.

rye18
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June 09, 2018, 11:29:52 AM
 #157

Regulating bitcoin is really beneficial to government because once it implemented the government can now collect taxes on cryptocurrency transactions thay may help creates more project and can generate more jobs.
anitaraymonds
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June 09, 2018, 11:35:53 AM
 #158

Decentralization is the foundation of cryptocurrencies of which if taken away and bring in regulation will destroy the bedrock of blockchain upon which bitcoin runs on. If the pro regulation carry the day definitely bitcoin price will be affected because a lot of bitcoin holders will dump and the price will tumble  and altcoin values will drop
pastan
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June 09, 2018, 11:45:19 AM
 #159

Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ?
Crypto must be regulated at least because of scam ICO projects and the problems with withdrawing money from exchanges. We need democratic taxes on our earnings and protection from scam investments.
jchav010101
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June 09, 2018, 11:53:42 AM
 #160

Many countries restrict using of bitcoin because of  banking systems.I think bitcoin will lose its unique meaning if it is controlled so developers should save it.Cryptocurrency values remain heavily tied to speculation and optimism.Drastic policy changes can have an outsized impact on short term direction.
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