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Author Topic: Will bitcoin go under regulation  (Read 211082 times)
Zabzab9
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September 16, 2018, 11:40:09 PM
 #1161

Many government are seeing Bitcoin or cryptocurrency as a threat to their financial system and they think it should be regulated to solve the problem. Do you think they can regulate Bitcoin ?

Bitcoin cannot regulates by just a government of a specific place. It will only be regulated if there is an institution that perform the process of Bitcoin. Nowadays, I don't think it will happen because there is no official company that works for this system like facebook. However, I believe this regulation is very helpful to the digital community as it protects the capabilities of individuals to perform the procedures of Bitcoin.
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pedagang2
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September 16, 2018, 11:45:16 PM
 #1162

maybe if only 1 government alone will not be able to regulate bitcoin, but if some or all governments regulate it it could happen.
so in my opinion it will only be a matter of time.

Jdleonor
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September 16, 2018, 11:48:42 PM
 #1163

No, because not all countries will agree on a common set of rules and regulations.the government is unlikely to be able to regulate Bitcoin, However, they can tie up and bind their people.
budrabut
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September 16, 2018, 11:50:42 PM
 #1164

Many government are seeing Bitcoin or cryptocurrency as a threat to their financial system and they think it should be regulated to solve the problem. Do you think they can regulate Bitcoin ?

I personally and even all users of bitcoin are expecting Bitcoin will run under the regulation to make it more secure and better. It is probably better if government implement and make a regulation about bitcoin, not ta ban it. Government should analyse and see that bitcoin has a huge potential that can help the society.

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CainCoin
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September 18, 2018, 01:43:26 AM
 #1165

Many government are seeing Bitcoin or cryptocurrency as a threat to their financial system and they think it should be regulated to solve the problem. Do you think they can regulate Bitcoin ?

I personally and even all users of bitcoin are expecting Bitcoin will run under the regulation to make it more secure and better. It is probably better if government implement and make a regulation about bitcoin, not ta ban it. Government should analyse and see that bitcoin has a huge potential that can help the society.

I also see a positive aspect to it, I mean it may turn out to be really useful for BTC and all crypto as well.
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September 18, 2018, 02:57:48 AM
 #1166

for me it does not seem to be affecting the government's regulation on bitcoin if they know the benefits and will help people especially in their country, because everyone knows bitcoin and cryptocurrencies should not worry about the government's regulation bitcoin
celot
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September 18, 2018, 03:17:57 AM
 #1167

Hard and difficult for government to make bitcoin have under their regulation, we can see how bitcoin can growing up and down just few time. Never could stop how bitcoin price become on higher or lower price by government.

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CenaCena
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September 18, 2018, 02:02:54 PM
 #1168

Some governments have come up with the ways to apply certain regulations indirectly, so if you make a lot and want to spend it legally they require their residents to provide some information to prove your money isn't from money laundering or terrorism, so people have to disclose some info in order to be able to spend their crypto income...
Soulfly34
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September 18, 2018, 02:06:50 PM
 #1169


the cryptocurrency market has no rules. This prevents large companies from investing in the sector. The volatility of Bitcoin and other cryptos is too lively. Many investors have bought Bitcoins to get quick and easy money. Now it's time for a regulation that protects all investors
Alex_Kidd
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September 18, 2018, 02:19:51 PM
 #1170

Many government are seeing Bitcoin or cryptocurrency as a threat to their financial system and they think it should be regulated to solve the problem. Do you think they can regulate Bitcoin ?
I don't really see this happening, the people will always find a way to get bitcoin (or other cryptocurrencies) remaining anonymous, the governments can't control everything, that's the reason why bitcoin was created.
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September 18, 2018, 02:25:32 PM
 #1171

Many government are seeing Bitcoin or cryptocurrency as a threat to their financial system and they think it should be regulated to solve the problem. Do you think they can regulate Bitcoin ?
Everything comes with its advantages and disadvantages. Regulation might reduce the tension in the atmosphere and draw several investors to Bitcoin because it may receive the approval of many governments. However, Bitcoin will cease to be decentralized. Many of it benefits will fall short because there will be a central party between transactions.

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Nolimitz84
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September 18, 2018, 02:44:20 PM
 #1172

If all governments want to resolve the issue of regulation, they will probably succeed.But now this question is not acute.But most likely there will be regulation.My forecast for 1-2 years.



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Jose Rizal
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September 18, 2018, 03:14:00 PM
 #1173

Many government are seeing Bitcoin or cryptocurrency as a threat to their financial system and they think it should be regulated to solve the problem. Do you think they can regulate Bitcoin ?

This is possible given that Bitcoin is making its own name and its popularity begins to spread independently to the people in anywhere in this world, we can say that government will do something regarding this matter since they will be probably against this platform and even if we dont really know that I think they will push regulatory really that hard , and it actually somewhat good to prevent anomalies.

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September 18, 2018, 03:22:13 PM
 #1174

The forces of the old world, not being able to teach or defeat bitcoins, do and will do everything to make it fall back under the old management models so that most people do not notice it.
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September 18, 2018, 09:46:29 PM
 #1175

in my opinion, bitcoin cannot be regulated directly by a country, unless there is agreement from all countries in the
world to regulate bitcoin, a country might be able to ban bitcoin in his country but cannot regulate bitcoin directly

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September 19, 2018, 12:17:10 AM
 #1176

Well, some governments really believe that they should regulate bitcoin. I’m not sure if they have the exact results they want. Anyway, because of hostile behaviour of these governments, many people afraid of investing in bitcoin.
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September 19, 2018, 03:35:55 PM
 #1177

Government would be able to make significant damage IMO. They can easily bann websites, we see that in many countries. But do not think this is their intention, and looking forward to see fair, and constructive regulations.
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September 19, 2018, 03:37:10 PM
 #1178

I think that Bitcoin and cryptocurrencies are difficult to regulate. Therefore, I think that this will take at least a year. Now, many states are actively working to create laws related to cryptocurrencies.
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September 19, 2018, 05:10:07 PM
 #1179

Cryptocurrency exchanges are likely to target government regulations because they are people who hold and exchange cryptocurrency. Crypto regulations only have to force it to monitor the flow of virtual coins so that monetary authorities can track any transactions that will be used for illegal purposes. I think that can only regulate when we exchange between bitcoin and currencies in that country. the government cannot regulate bitcoin globally. it's just that they will issue regulations when we will convert to fiat currency ..
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September 19, 2018, 06:21:20 PM
 #1180

Cryptocurrency exchanges are likely to target government regulations because they are people who hold and exchange cryptocurrency. Crypto regulations only have to force it to monitor the flow of virtual coins so that monetary authorities can track any transactions that will be used for illegal purposes. I think that can only regulate when we exchange between bitcoin and currencies in that country. the government cannot regulate bitcoin globally. it's just that they will issue regulations when we will convert to fiat currency ..
Right, your opinion can be clearly understood. in fact, the state cannot regulate the circulation of bitcoin, but it is possible to manage bitcoin prices. this is a high level of manipulation if the state plays a role in the crypto economy. countries can arrange exchanges and it is possible to apply taxes for bitcoin or crypto. now many countries have been open to bitcoin and are learning the technology that runs on bitcoin, like blockchain technology. In the future it is very possible for tax implementation to use blockchain technology, just wait.
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