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Author Topic: Will bitcoin go under regulation  (Read 211088 times)
insikko0413
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July 21, 2018, 01:12:14 AM
 #581

Good idea for government if they regulate BITCOIN then the government have the control of the finance system in their nation which BITCOIN has a tax and more secured in transaction which allow more businessman, traders to used BITCOIN for fast and reliable source for business or investment.

This is really a good news to everyone and once it implemented the government can now help people to control huge market fluctuation that may be manipulated by some rich investors.
Winifredinme825
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July 21, 2018, 02:41:58 AM
 #582

Traders use BITCOIN for their business or investment resources quickly and reliably. This is done for the sake of bitcoin as well, because if bitcoin is set then bitcoin will not be able to disrupt the economy or finance of the world or a country.
jennyhoang293
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July 21, 2018, 04:04:41 AM
 #583

This would undoubtedly be to collect taxes but would be made under the guise of protecting consumers. That is just a sign that brings it closer to the exchange regulations. Another possibility is that a crypto is created by an international agency / agency that is closely monitored by them to protect consumers. They can adjust the bitcoin because of its popularity, I hope the government will not pay taxes in any transaction because it harms payment efficiency. Many people will refuse to buy some things or what they need. . I hope they will consider it.
katarina007
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July 21, 2018, 05:37:39 AM
 #584

This would undoubtedly be to collect taxes but would be made under the guise of protecting consumers. That is just a sign that brings it closer to the exchange regulations. Another possibility is that a crypto is created by an international agency / agency that is closely monitored by them to protect consumers. I think the world government or the world financial institution can manage bitcoin. Bitcoin is increasingly accepted by many people and nation if it is well managed.
JPage
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July 23, 2018, 09:33:08 AM
 #585

This is a threat to the government, and they are trying to regulate it in different regions of the world, and I see that it will be more regulated in the future. The increase in this moment will reduce the number of new attacks.
tsmc103
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July 23, 2018, 11:02:15 AM
 #586

I think so bitcoin go under regulation because many governments are planing to regulate but they need to do more work and more efforts to regulate it peoples who is holding bitcoins and other cryptocurrencies then they need to verify their KYC and governments take this step definitely also they can charge more taxes who is holding bitcoins. if government wanna ban crypto first they need to ban Internet.
jessbaker27
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July 23, 2018, 03:00:46 PM
 #587

I think that is impossible on how bitcoin was built. It was buil on blockchain which is a decentralized system. And no one can control it and i think it will be like that forever even how hard governments try to regulate bitcoin.
kemonojim
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July 23, 2018, 05:33:53 PM
 #588

Bitcoin may be under regulation prescribed by a country, a regulation governing the use of bitcoin as a means of transactions that can be used in the country, but for bitcoin values there is no rule that can regulate it.
because the value or bitcoin price is not affected by the regulation in the market.
yoseph
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July 23, 2018, 06:22:03 PM
 #589

This is a threat to the government, and they are trying to regulate it in different regions of the world, and I see that it will be more regulated in the future. The increase in this moment will reduce the number of new attacks.
We had two options and it was either the government was going to ban bitcoins and crypto tradings or they were going to regulate it even though we are going to lose some perks like doing things anonymously in exchanges. So i think regulations are actually the best way to go.
btcdarkfanboi
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July 23, 2018, 08:27:05 PM
 #590

I'm not so sure but bitcoin is decentralized and transactions are anonymous so they can't regulate bitcoin as for now that's what i think
teamspike911
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July 23, 2018, 11:49:26 PM
 #591

It's absolutely impossible. Bitcoin itself is decentralized therefore how can it be regulated?
He does not have a creator ... one can only manipulate the market, but soon the bitcoin will have too much capitalization to conduct similar manipulations
DAVETUN
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July 24, 2018, 12:16:05 AM
 #592

Bitcoin regulation from Government globally will have a positive influence on the growth of the coin,  this will also ensure and increase the acceptance  of the coin by larger percentage of individual, I believe it will be to the advantage of BTC investors when there is a level of regulation of the currency.
BennyK
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July 24, 2018, 12:28:48 AM
 #593

Bitcoin has seen a lot of tribulations since its inception and till date Bitcoin has experienced some regulations in certain countries. Due to its decentralized nature, the governments always want to take control over it and manipulate its market to suit their preferences. In order for Bitcoin to meet a peaceful transaction throughout its lifespan, i believe it should rather adhere to the terms and conditions of the various governments in order to receive the legalization status.

Ahmadarwani56
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July 24, 2018, 12:33:36 AM
 #594

yes I think the government should set the rules in this bitcoin transaction, because it could be bitcoin will affect the country's economy .
SeVenlast
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July 24, 2018, 12:41:16 AM
 #595

It could happen if the government starts to interfere about Bitcoin and know the big profits in every country if they know how to manage.

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ghosong
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July 24, 2018, 12:58:15 AM
 #596

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 am pessimistic if the government can regulate bitcoin, because we already know all bitcoin transaction system is a feer- to- feer transaction system, without involving third person like bank or government, besides Bitcoin also have anonymous characteristic that conceal identity. but I think the Government can control the income from bitcoin and crypto currency when they decide to exchange Bitcoin funds with paper money.
Sinone
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July 24, 2018, 12:58:47 AM
 #597

Maybe India will be the first country, where bitcoin will go under regulations.  In newsbitcoin website, today I have read an article that Indian crypto regulation ready by September! So, this news is not good for us as well. I don't want to see bitcoin in under regulation. Now in India, day by day other countries will try to pull bitcoin under regulation. Regulations will be very harmful to the bitcoin freedom.
CryptoMoar
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July 24, 2018, 01:59:58 AM
 #598

may be. the government can regulate the use of bitcoin and legality if the transaction uses digital currency as a substitute for fiat currency. so that all parties who use bitcoin will get the same rights to obtain trade legal protection.

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Pamela Medeiross
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July 24, 2018, 02:52:41 PM
 #599

Yes, I think digital money can be regulated by the governments of countries around the world accept bitcoin. With the current overheating with many risks, bringing wealth to many investors or possibly bankruptcy, bitcoin needs a regulation, a certain rule to continue stable development.
Carney Nicholass
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July 24, 2018, 02:54:29 PM
 #600

In my view, Bitcoin will not be a means of payment and a legitimate currency worldwide. Although last time, bitcoin has made the global boom, many investors have plunged into this war but the Bitcoin market has continuously increased and changed complexity. Not only that, the value of this digital currency is related to the speculation and optimism of the Bitcoin store investors, so it is difficult to set long-term regulations for Bitcoin.
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