Will bitcoin go under regulation

[Ashwin Kumar]

It is not easy to regulate bitcoin. But I saw so many scams regarding cryptocurrency . So I believe, the governments are now looking at the possibility of regulating bitcoin so that bad people stay out of bitcoin.

[queenlaurel]

Bitcoin might go under regulation through people using it. Thorough screening of people who use Bitcoin, to avoid and stop hackers and scammers. Bitcoin itself can not be regulated because it's digital money, it can not be controlled. Transactions are made based on the choices of the people involved.

[ganlianshifu1]

In order to use Bitcoin to illegally transfer assets, especially in anti-money laundering, financing, etc. to strengthen supervision!
Help BTC to better serve humanity!

[krystal37]

at present situation government think bitcoin is threat for his kingdom. They can only ban it or accept it. There is no third way. I prefer to live in country that accepting cryptocurrency and that's all.

[Razick]

It is very likely that bitcoin and all of the other altcoins will go under regulation as that will help the governments to properly tax crypto earnings in the coming years. We should not be opposed to regulations though because it is with regulations that some sanity will be restored in the market and there will not be so much manipulation again

[Henry Sy]

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 know precisely, however as bitcoin decentralized online advanced cash, bitcoin makes exchanges namelessly, at that point there has no possibility to include bitcoin under direction. This is only my perception. We will find in future

[jetjet]

I think cryptocurrency can be regulated somehow by the government. Even cryptocurrency is decentralize, government can do anything to their nation. They can regulate everything! I think if the people is involve government will always go into it.

[endut15]

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 that the government is quite difficult to manage and manage bitcoin. because most of the bitcoin is almost in demand by every country, but not many countries are also agree on the bitcoin in circulation.

[Crypto11021]

Thanks for the post, I think if Bitcoin is to be recognised and accepted globally there has to be some regulation if not we will continue to witness all this manipulation of bitcoin price by whale's in this game. If Bitcoin is not regulated I doubt it Will be able to achieve it's potentials.

[mensha]

Although transactions of bitcoin or other altcoins are untraceable in fundamentally, currently many ICO projects are requested to follow KYC (Know your customer) before doing any investment. Then it is possible to trace the transaction for any legal or regulatory matter. With this government can implement governing system for crypto currencies also.

[FXTradingPro]

Bitcoin itself might not be regulated but the exchanges would be. It would be a positive move as all the recent hacks have really hurt investor confidence. Speculative markets and the security of them are very important for the success of BTC. 

https://forexmarketslive.com/crypto-exchanges-have-a-security-problem-and-they-better-fix-it-or-else/

[Dann hauer]

do not know for sure because currently there are only issues of government issues regarding bitcoin regulations and to date there is no regulatory requirement in my country.

[Max quee]

From my opinion many government thinks of bitcoin as a threat but bitcoin can never be regulated by them. Because government cannot regulate blockchain technology.

[camric09]

It is very likely that bitcoin and all of the other altcoins will go under regulation as that will help the governments to properly tax crypto earnings in the coming years. We should not be opposed to regulations though because it is with regulations that some sanity will be restored in the market and there will not be so much manipulation again

You are right, maybe if cryptocurrency will go under regulation then manipulations of market price will be lessen, or maybe will worsen it depends how the government will implement the regulations.

[r1a2y3m4]

Is sec is the authority who regulates bitcoin? If so, I believe bitcoin is under regulation as of now and it will be regulate. Regulation is a good thing tho.

[BlackRacerX]

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 ?

Nobody can regulate bitcoins. The only thing governments can regulate is the rate of exchange of bitcoins in the country. They should prevent or hold exchanges to stop bitcoin movement and they can prohibit banks from ever selling or letting anyone buy bitcoins through them.

[Cryptogid]

Bitcoin or cryptocurrency can't be under any regulations, the better the government embraces it and utilize its technology and decentralized nature the better for us all.

[domerosan10]

It is the mind of governments that bitcoin can be regulated by it. But bitcoin if I think it will not be set by it and I'm not sure bitcoin can be set by the government.

[Saldom12]

That may happen, because bitcoin is still a developmental stage if people who have bitcoin and cryptocurrency receive KYC then it means that the government will win and the government can set the bitcoin

[kingkonjac]

the regulation may be a positive thing for the whole crypto as it can bring confidence to the market and remove the dump and pump groups who just are scammers and destroy the trust.