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Author Topic: Regulation of Bitcoin  (Read 1184 times)
Ethan Argu
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July 08, 2018, 02:57:08 PM
 #221

If they put regulations. In bitcoin they need to evaluate first if the people can help of that. They can help consumers on that regulation. They need to study about that because if can affect through businesses and also the people who patronizing it probably in will go of decreasing value of bitcoin so study first make an opinion and have make a vote. To know the opinions of other people.

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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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July 08, 2018, 03:14:00 PM
 #222

Of course, the more people have access to bitcoin, the more will be its price. And what about the regulation of bitcoin ... if it becomes popular, then it will not be possible to regulate it. In this and all the charm of decentralized crypto-currencies.
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July 08, 2018, 04:21:36 PM
 #223

actually bitcoin is not a concern, but if the government thinks it is a concern it makes the participation in the development of the times will be too late, but that's just my view Grin

TmottaDing
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July 08, 2018, 04:28:25 PM
 #224

Well, it is being regulated on a lot of countries around the world, so i think that it is not an impossible task and there a lot of people concerned about this, but well, i just hope to do not see it regulated on my country (in where i am living now)

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July 08, 2018, 04:34:00 PM
 #225

Well if the governments wanted Bitcoin to be regulated than they would have already done so. They are the ones who are going to create laws for it and regulate the market. But I don't think regulation is what the governments want, they want to ban or have control of the Bitcoin markets.

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July 08, 2018, 10:54:39 PM
 #226

If it is genius care by the government to the people and it's not for selfish reason and it's for the betterment of Bitcoin and it's users, also to curb frausters and hackers, then I don't see anything bad in regulating Bitcoin as long as it does not affect our transactions and investments.

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jonaire99
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July 08, 2018, 11:11:39 PM
 #227

Well if the governments wanted Bitcoin to be regulated than they would have already done so. They are the ones who are going to create laws for it and regulate the market. But I don't think regulation is what the governments want, they want to ban or have control of the Bitcoin markets.


There are already some countries that imposed regulation on cryptocurrencies but whether you like it or not, regulation will certain to happen in many of the countries who are members of G20. The recent summit of G20 for cryptocurrencies have discussed about the possible regulation of cryptocurrencies and they now awaiting recommendations before finalizing and approving it.

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July 08, 2018, 11:22:54 PM
 #228

actually bitcoin is not a concern, but if the government thinks it is a concern it makes the participation in the development of the times will be too late, but that's just my view Grin

They forbid Bitcoin because everyone will learn to use the money without any tax charges that must be in the family by someone else. This is a very thing in the fear of government.
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July 10, 2018, 02:15:51 AM
 #229

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 crypto currency will be regulated the annonimity of transaction will be publicly declared because every transaction would be taxable if it is regulated by the government. But i think it would be hard to regulate it because it would take time and effort for them to know who are the the persons who owned this crypto currencies.
Well I think regulation of bitcoin will be a good effect on the growth of bitcoin all over the world, now bitcoin is being famous and getting higher value, so regulation of bitcoin is not too hard, more and more people are involving bitcoin it is making it even more famous and because of such reason bitcoin regulation is getting easy now.
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July 10, 2018, 02:17:55 AM
 #230

Well, it is being regulated on a lot of countries around the world, so i think that it is not an impossible task and there a lot of people concerned about this, but well, i just hope to do not see it regulated on my country (in where i am living now)

regulation is actually good to be able to organize everyone in a country about the policy on bitcoin rules. unfortunately in my country there is still no certainty. but related parties have said that bitcoin is a commodity

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July 20, 2018, 03:09:56 PM
 #231

The regulation of bitcoin is by government because some countries are banned bitcoin but some are didn't, regulation might affect the price temporarily but in long term,it would only help increase bitcoin price. Government regulation can help to stabilize the market and also make preventive measures when cryptocurrency is used to commit criminal acts.
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July 20, 2018, 03:21:08 PM
 #232

I think regulation will make some investors to have trust in cryptocurrency thereby allowing fresh money to enter into the market.
GeckoTrader
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July 21, 2018, 09:24:18 AM
 #233

Regulators all over the world have begun to address the challenges presented by virtual currencies that mostly bypass regulated banks, financial firms, exchanges and central clearinghouses.

“Digital currencies, token sales and blockchain initiatives of all types have ignited a global phenomenon unlike anything I have ever seen,” said J. Dax Hansen, a partner at law firm Perkins Coie who leads its Blockchain Technology & Digital Currency industry group. “As the technology underpinning these developments disrupts products and services in nearly every industry, law makers, regulators and law enforcement are scrambling to keep up.”
(source: https://www.marketwatch.com/story/heres-how-the-us-and-the-world-are-regulating-bitcoin-and-cryptocurrency-2017-12-18)
Bugatti73
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July 21, 2018, 10:19:01 AM
 #234

Don't know about bitcoin or other cryptocurrencies regulation, but we really need the ICO sale process regulation.
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July 21, 2018, 11:23:50 AM
 #235

If electronic money is set up we do not have trouble by supply and demand that determines the price of electronic money. This stability brings more changes than the continuous price fluctuations. To be honest, I am also worried about the status of electronic money if it continues like this so I have time to think if there is a cryptographic money insurer I will follow it. And I think it's a good thing going on, because govt will not ban it, people will start believing it and big players in e-commerce can start accepting the cryptos.
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July 21, 2018, 12:17:05 PM
 #236

The problem is that you can not fight the government because they are the nationwide operators and they will not accept it unless they see some profit for themselves. Here and now, the bear will make a complaint out of it to affect it looks like spell-control fate for the digital form when the truth is said, it will actually perform better than hurt. Value deeply, this is not a lot of worries except if the directions set are not given and do not help the client in any capacity.
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July 21, 2018, 12:28:19 PM
 #237

An effect depends on the type of the regulation that will be applied on the bitcoin and other currencies. I think that it will be very difficult to keep crypto anonymous.
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July 21, 2018, 12:33:23 PM
 #238

Regulation is of two types - one type of regulation leads to the development of an ecosystem - it's like when a good gardener cares for his orchard, and the second type of regulation - leads to the fact that the ecosystem becomes too rigid and therefore becomes not quite adequate to the needs of the community.
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July 22, 2018, 03:26:22 PM
 #239

can not say anything, green only a short time and then red
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July 28, 2018, 06:27:59 PM
 #240

There is no well rule and regulation for bitcoin. So its up to everyone will that he may or may not invest or trade in bitcoin. Internationally no rule is available for bicoin. Specially rates of bitcoin varies without any reason. Rates donot have any link with price of oil or anything else.
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