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Author Topic: Will bitcoin go under regulation  (Read 211082 times)
runway
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June 30, 2018, 12:20:47 PM
 #421

The growth of bitcoin is not regulated but it is growing according to a rule. This market usually rises in the middle of the following year until the end of the year and starts rising again. I feel like this is a rule.
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yoseph
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June 30, 2018, 01:20:47 PM
 #422

it will be better it goes under regulations quickly now before things get out of hand, they have been manipulations and also scam project flying around, regulations is really needed to be set by the SEC..
I totally agree. Regulations are indeed very essential because of the way that people use Bitcoins and am talking about those who use it just for criminal activities. It's my hope that these regulations by the governments is going to get rid of all these activities.
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June 30, 2018, 01:28:03 PM
 #423

indeed lately the government often talk about bitcoin, especially the technology behind the crypto, namely blockchain. but I am not that fast the government will regulate bitcoin. because if they end up using blockchain technology in their banking system, that does not mean they accept bitcoin as the official currency and provide regulation.
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June 30, 2018, 01:32:09 PM
 #424

I feel it would be more comfortable if bitcoin stays like this, everything is done privately and does not involve any party including the government. because if bitcoins are under regulation, there are definitely strict rules, including rules on outward transactions. and also the taxes levied must be great.
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June 30, 2018, 01:53:24 PM
 #425

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 has emerged as real threat to conventional  financial system. It is very difficult for conventional system to adopt any new or advanced financial system that is the reason they are against crypto currency. BTC has to achieve another milestone to be able to replace conventional financial system. Then it will be necessary for conventional system to adopt BTC/crypto currency. Most importantly this time will come soon.
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June 30, 2018, 02:06:31 PM
 #426

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 ?
Well, this is a big forum regarding this matter. Although we all know that there are lot of people who change their life style through the help of crypto currency, we can say that this is a big help in many problems, but government will hard for them to regulate crypto currency as what i think.
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July 01, 2018, 12:21:09 AM
 #427

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 think they can regulate BITCOIN. Although it is a long process but this is highly possible due to the strong impact of BTC in the global economy's which has slowly become a threat.
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July 01, 2018, 11:22:45 AM
 #428

i think they wont stop until they do.
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July 01, 2018, 12:41:33 PM
 #429

It is really very difficult to regulate bitcoin, because the network is not keeping any of your data, so only exchanges can make this market regulative. However, we have decentralized exchanges

True, I also think that the government will not be able to regulate Bitcoin but the government can monitor the movement of all Bitcoin transactions. The government should be able to cooperate with the coin developers, of course, this must be made MOU to be able to work together. I think that's what the government should do to be able to monitor all movements of Bitcoin transactions.
I think all coins can be monitored transactions, except Monero Coins (impossible to monitor monero coins)
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July 01, 2018, 12:48:32 PM
 #430

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 ?
Obviously, no,  any government cannot regulate bitcoin used. Even though they will make a law that will control the people in their usage of bitcoin or other cryptocurrencies, they will still find ways to have it. It is a digital entity that is why it is hard for it to be regulated. Also,  government have no reason MN enough and valid reason for them to ban bitcoin because it does not do any harm but it did the entirely opposite. It helps people just like us to earn money while we are in our cellphones.
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July 01, 2018, 12:51:36 PM
 #431

The explanation behind under control of bitcoin is because of money related idea and because of wage from exchanging individuals. They don't pay charges. After duty installment for benefit, the legislature will get more assessments from Bitcoin agents. It will enhance the nation's improvement and advance and economy.
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July 01, 2018, 12:53:03 PM
 #432

Bitcoin and other cryptocurrencies are a significant threat to our financial system right now. It will affect the finance sector especially the banks because they could lose a large percentage of their client because of cryptocurrency. That is why the government are discussing and will do everything to protect their advantage. So they tend to create regulations. They cannot control the technology, but they can control the people using it.

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July 01, 2018, 12:56:32 PM
 #433

I think the government can fully regulate Bitcoin and stipulate that it works the way it wants. However, there will definitely be another Crypto coin that appears and replaces Bitcoin. Because that's what many people need, and the government will never replace it

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July 01, 2018, 01:12:08 PM
 #434

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 ?

Mostly some bitcoiners have an split decision of there mind,some in favor that bitcoin will be regulated while the other are not.actually being a regulated by the world government have a great advantage and disadvantage to the cryptocurrency system,because  once the bitcoin would become regulated theres a big tendency that digital currency system become legalize and become centralized  and maybe those money laundering and illegal activities could be controlled,but in the other hand if its become regulated maybe the profit of this kind of investment could be controlled by the world government.

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July 01, 2018, 01:13:10 PM
 #435

I do not think bitcoin will go under regulation because bitcoin is decentrized cryptocurrency  and  I think that it will be regulated only if the government and bitcoin will come to an agreenent that bitcoin will be legit ,that will be time the bitcoin will be regulated,

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July 01, 2018, 01:29:01 PM
 #436

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 ?
[/quote
I think it's hard to have an regulation but it will be legal in their country. It will regulated by government can control bitcoin and have taxes if government will control it there's a advantage and disadvantage we didn't know but there is a possibility that bitcoin will be legit.
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July 01, 2018, 01:47:16 PM
 #437


It is difficult to regulate btc, since it is decentralized. incognito. This is the reason btc was born. If everything is clear, it is not good.
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July 01, 2018, 01:59:05 PM
 #438

Why is this a bad thing people? Regulation is good and we still will have secure decentralized coins that do not require KYC and so on. Its not so hard, look at the counterfeit products market - there is always a way.
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July 01, 2018, 02:01:52 PM
 #439

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 ?

Of course it would and it should be just within the world of bitcoin. I mean, if government will regulate bitcoin it would give negative effects to bitcoin. So i hope it would be just in bitcoin itself.
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July 01, 2018, 02:19:48 PM
 #440

Bitcoin is a billion dollar worth of money and such amount is huge enough to create an impact to a country's economy. Therefore if bitcoin could create such impact any misuse or loses due to hacking or scams could be a disaster to someone's economy while maybe good to the other! So I think maybe regulation could get in the way.

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