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Author Topic: Will bitcoin go under regulation  (Read 211088 times)
Seriousbizz
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June 13, 2018, 08:27:07 AM
 #241

 Well Bitcoin is a good coin with a wide range of investors and an impressive product that i dont think will cease to be of use in the crypto market, even if its regulated, i dont think if it will go under, ts profit margins might reduce and investors might shy away from it But it will continue to exist
shafi alam
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June 13, 2018, 08:37:39 AM
 #242

It can't be in under regulation. you should learn more about bitcoin or blockchain. Its DECENTRALIZED system. 
Pyr3x
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June 14, 2018, 08:57:27 PM
 #243

Personally, I strongly doubt that the government will be able to fully regulate and manage crypto-currencies and digital technologies that are based on technologies similar to blockchain. Most likely, governments will try to play the role of an intermediary between investor investments and the possibility of cashing out such revenues.

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Greed Dev
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June 14, 2018, 09:04:04 PM
 #244

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 do not think the government is afraid of bitcoin threatening financial problems. They only fear that bitcoin will be used by terrorist organizations or corrupt officials for the purpose of money laundering or buy and sell weapons

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cetald
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June 14, 2018, 09:05:58 PM
 #245

I do not think the government is afraid of bitcoin. In fact, they just want to control the cryptocurrency market, like everything else in this world.

nickwen
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June 14, 2018, 09:06:20 PM
 #246

If peoples who have bitcoins and cryptocurrencies accept the KYC then it will mean that governments will have won.
It's correct. If the projects require a KYC participant, the government can control the information of all investors. But I think this will be a safe solution for us not to encounter scam projects
AldenHoward
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June 15, 2018, 01:58:55 AM
 #247

For now, I say Government cannot be regulated Bitcoin. too hasty if the government set the bitcoin and would misstep if they did not know about bitcoin and blockchain.The market should regulate its price and all
Mr. Thang
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June 15, 2018, 02:32:45 AM
 #248

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 ?

Any foreign entity that enters into the market without any regulation are considered threats to the government. Despite bitcoin's positive impact into the environment and in to the society both financially and socially, the government still views it as a bane rather than a boon. The question whether they can regulate it or not is irrelevant as it is inevitable for cryptocurrencies to be regulated once all countries accept its status as a currency. But if some developed countries still view it as a threat then expect bitcoin to fall in the following years depending on the scale of damage caused.

For now, I say Government cannot be regulated Bitcoin. too hasty if the government set the bitcoin and would misstep if they did not know about bitcoin and blockchain. But some countries are also accept bitcoin but bitcoin honor those countries regulation.

I disagree so. The government has the power to regulate anything that enters into its country. The power of the legislature to impose tax can be considered but I think that they also are benefitting from the process of accepting its impact in the society.

Adiseshu
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June 15, 2018, 02:52:02 AM
 #249

I do not think so ! Bitcoin will not follow any rules.
It will go up and down according to the psychology of the Shark players, and this game is Shark.
thoerz18
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June 15, 2018, 02:35:16 PM
 #250

it is possible for some countries to apply regulation for bitcoin, but it may be very difficult if all countries under regulation for bitcoin. see the technological development of each country is different and also many people who do not know bitcoin.
Nakakapagpabagabag
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June 15, 2018, 02:44:09 PM
 #251

it is possible for some countries to apply regulation for bitcoin, but it may be very difficult if all countries under regulation for bitcoin. see the technological development of each country is different and also many people who do not know bitcoin.
Nope it cant be because bitcoin is decentralized, it cannot be controlled or manipulated by government. Anything that cant be controlled by government cant be regulated. Thats why bitcoin is not a legit currency, because it cant control by government. For bitcoin to be regulated, it needs to be centralized first, but thats not going to happen because bitcoin meaning will be gone if that thing happen, bitcoin will have a constant value and it will die for sure.

sushizhe
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June 15, 2018, 02:44:53 PM
 #252

I think this is a lie. This is where the government defrauded investors. Win time for them to issue their own currency. I don't think Bitcoin can be supervised by any country.
MaidaKalani
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June 15, 2018, 10:23:50 PM
 #253

According to some sources I read, the Commodity Futures Trading Supervisory Agency will soon release a rule regarding bitcoin trading as a commodity. Bitcoin can be traded like a gold trade.
crypto currency needs to be regulated to provide protection to consumers. When a consumer fraud happens to report it to a regulatory agency.
In terms of taxes, this arrangement will also make it more transparent. Most importantly, bitcoin monitoring can prevent money laundering in a country.
Source: kontan.co.id
Caxton10
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June 15, 2018, 11:32:20 PM
 #254

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 ?
It can be regulated. The decentralized nature of Bitcoin makes it a good medium of laundering money and some countries have agencies in place to oversee its regulation.
rosechoco
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June 16, 2018, 02:21:24 AM
 #255

It is possible for government to regulate bitcoins and all other cryptocurrency if it is convince it will be a threat to its fiscal and monetary policies.This regularisation will abolish many scam project and it will also prevent money laundering.
prefontaine1982
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June 16, 2018, 02:33:17 AM
 #256

well it has already been regulated on a lot of countries all around the world, so i thinkt hat it would be normal to see it regulated on almost all the countries at the moment, but it will take some time
avoxosuccesful
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June 16, 2018, 06:56:06 AM
 #257

if you ask me? I don't feel that any administration can direct bitcoin alone, in light of the fact that they can't control Internet. Just some sort of direction on the world level is conceivable, however I question it will happen soon. Governments can control wage from bitcoin and cryptographic forms of money when you choose to trade your btc assets to the fiat cash. In the most nations, I trust, you will have ti report it and pay assess. some countries sees bitcoin as a capital gain and needs to be paid as tax,but the truth is lets see hw it goes
Leo Barnes
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June 16, 2018, 07:15:22 AM
Last edit: June 16, 2018, 07:28:35 AM by Leo Barnes
 #258

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 ?
Im very optimistic that government will regulate the bitcoin soon at the moment authority concentrate in the ICO and exchange and undergo more study on how to regulate the bitcoin and cryptocurrency.
xfaqs01
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June 16, 2018, 07:17:42 AM
 #259

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 ?
big yes sooner or later, if the government cant stop it they will have no choice but to regulate it, and take some chunks out of it which what is happening right now!

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pilnenkii
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June 16, 2018, 08:27:32 AM
 #260

Yes, many governments believe that bitkoyn or crypto currency is a threat to the financial system of the country.
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