Will bitcoin go under regulation

[pretius99]

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]

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]

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]

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]

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]

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]

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]

The primary reason for wanting to regulate cryptocurrencies is because of fear and lack of understanding.

[agor]

Either regulate or forbid. It's simple strategy but it works.

[Viperziper]

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]

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]

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]

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]

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]

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.

[TechnoX_X]

I think they can manage bitcoin well. But if that happens then there must be a taxpayer policy that must be paid for people using bitcoin. And it could be that taxes are very expensive in order to narrow the space for bitcoin users, so that the government can control everything. That is only part of my assumption.

[sormin]

I don't think the government always sees it as a threat if its use is right and correct. The government is only afraid that if bitcoin is used by everyone then fiat money will automatically be replaced. And if that happens then inflation will occur in the country. And before that happens the government will regulate the circulation of bitcoin.

[swaggerkeme]

The cryptoworld is so decentralized to the extent that it would be difficult to introduce any form of regulations.The knowledge on blockchain technology and bitcoin is rising at a very fast rate. It won't be surprising to see some few regulations in  bitcoin transactions and other activities in the near future.

[Rooster101]

I think a decentralized cryptocurrency can not be regulated but the flow of transactions can be regulated. Cryptocurrency exchanges are likely the target of government regulations because they the ones that hold and exchange cryptocurrencies. Crypto regulations should only impose to monitor the flow of virtual coins so the monetary authorities can able to track any transactions that will be use for illegal purposes.

[barabarian1]

I think global regulations will be able to regulate bitcoin. for government regulations, I think it can only regulate when we exchange between bitcoin and currencies in that country. the government cannot regulate bitcoin globally. it's just that they will issue regulations when we will convert into fiat currency.