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Author Topic: Will bitcoin go under regulation  (Read 121629 times)
bp.comp69
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September 12, 2018, 03:27:04 AM
 #1041

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 it's better, but yes or no I don't know for sure because the news about that is still a lot of confusion about the truth,
if Bitcoin is under regulation then all the systems will be safe
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shainasaz
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September 12, 2018, 04:08:46 AM
 #1042

I think bitcoin will go under regulation of government because it is made by decentralized technology so it can't be controlled by anyone that's why i think it will go even government against this work.

GreenRydia
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September 12, 2018, 08:21:32 AM
 #1043

Governments think that every new thing in the world is a threat to them. I will never understand this. Anyway, governments can do some regulations about BTC or crypto but i don’t know if it changes anything.
budismile
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September 12, 2018, 08:53:21 AM
 #1044

Systematically, bitcoin should be managed with several aspects, this might be possible. but if we look at the phenomenon that exists now Fiat money is more in demand by people, because the Dollar is rising fast.
this is a bad impact for crypto ...
talking about regulating btc, I think it can. Crypto with the government is interrelated, the government itself can provide rules for Bitcoin.
nbausa
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September 12, 2018, 09:09:38 AM
 #1045

Bitcoin is about taking out government, not government control.
pretius99
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September 12, 2018, 09:11:36 AM
 #1046

of course you can because the price of bitcoin depends on the number of people who are interested in investing their money in bitcoin if only one country prohibits bitcoin then the price will go down because the investor has reduced

KDTnenimo
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September 12, 2018, 09:32:55 AM
 #1047

No regulation,no chance of going mainstream.I think that step is not good for bitcoin and to other cryptocurrencies because it will compromise its decentralized feature.If that's the case there is nothing we can do about it.Regulating are much better than banning itcoin and other alternative coins.
Leyss
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September 12, 2018, 06:27:48 PM
 #1048

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 ?
Governments can not change the decentralized nature of bitcoin, but it will in any case establish its own rules of walking in the country. It's unavoidable. And over time, such restrictions will become more and more, given that bitcoin will mainly be used by citizens, and not by state bodies. So far we can not say how this regulation will end.

spartanrules
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September 12, 2018, 06:56:53 PM
 #1049

IMHO it is really very hard to regulate the market, But I think that regulation by the government of this sphere will affect positively. Because if certain sphere is regulated, trust of people in it and business turnover will increase, ICOs will more fair and transparent, scams will decrease. SO I think first of all Bitcoin will be regulated in the nearest future.
frey_oh
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September 13, 2018, 05:47:45 AM
 #1050

because bitcoin is always a threat to the global financial system. I think the government does not stop trying to regulate bitcoin, I think everyone will definitely not succeed in the near future because all require a difficult process.
CeyCrypteon
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September 13, 2018, 06:24:55 AM
 #1051

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 ?

The problem is if Bitcoin wont go under some regulations will major local and international businesses and industries in the world will confidence enough to combine there businesses with Bitcoin because I think if governments announce like they do right now through various sources that Bitcoin is not legit under the government or its regulations they too will get afraid to use Bitcoin in there core business which is a major disadvantage for Bitcoin
Jay51
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September 13, 2018, 06:52:13 AM
 #1052

Global regulation is one reason of bitcoin price falling, I think market manipulation is the main thing, many big investors are buy back when price is reached low level.
peterstark
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September 13, 2018, 07:15:33 AM
 #1053

The primary reason for wanting to regulate cryptocurrencies is because of fear and lack of understanding.
agor
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September 13, 2018, 07:16:04 AM
 #1054

Either regulate or forbid. It's simple strategy but it works.
Viperziper
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September 13, 2018, 08:36:31 AM
 #1055

A cryptocurrency as influential as Bitcoin just can't remain in the shadow or go unnoticed. Neither can it remain outside government control or regulation, so I believe going under regulation is just a matter of time and readiness of the respective governments, IMHO.
brutalboy
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September 13, 2018, 04:21:34 PM
 #1056

A cryptocurrency as influential as Bitcoin just can't remain in the shadow or go unnoticed. Neither can it remain outside government control or regulation, so I believe going under regulation is just a matter of time and readiness of the respective governments, IMHO.

I agree. It looks like Bitcoin will inevitably go under regulation because of the scale of the system and the potential volume of transactions, which could be bad for the country's financial system.
T o x i c a l
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September 13, 2018, 07:15:10 PM
 #1057

Bitcoin is trying to create all the necessary conditions for him to develop. This is how developed countries act, such as Switzerland or Japan, or Singapore.

Ekenegbu123
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September 13, 2018, 08:56:24 PM
 #1058

Bitcoin is a solid asset but sec are on the matter of regulating bitcoin which would happen soon in this industry. For sure, for institutional money to come in, bitcoin must be regulated
domasal
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September 13, 2018, 09:06:06 PM
 #1059

I am glad when regulation is here, it means that there is a chance for it to be legalised. Once this is done, we will go mainstream and bitcoin will moon once more
Nasonn
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September 13, 2018, 09:21:41 PM
 #1060

Bitcoin cannot be regulated, it's not like a printed currency that government can print at will. The underlying blockchain technology will protect it from any government interference.

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