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Author Topic: More Regulations For Cryptocurrency?  (Read 3762 times)
CoinsGazer
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September 18, 2018, 03:52:54 AM
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 #181

Because regulators have not given sufficient clear regulatory measures to the cryptocurrency industry, it has damped the enthusiasm of many people in the industry. At the same time, these regulators did not agree on what cryptocurrency is: a security? A commodity? A property? Although many startups say they are doing their best to comply with US securities regulations when issuing digital tokens for financing, uncertainty still hangs over the market. In addition, the use of cryptocurrencies for the continuous emergence of illegal activities such as money laundering, these issues require the government to strengthen supervision to solve.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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September 18, 2018, 04:11:08 AM
 #182

Yes, I think this is a good idea and helps, to have more regulations related to cryptocurrency. For reasons of avoiding anomalies and dilemmas and safeguarding the good of crypto.Rules are created and impose for public security using cryptocurrency and therefore must be regulated so that no abuse will be taken by some opportunists to make millions of money for example for icos then escape investor money if there is no This cryptocurrency right regulation will be very risky for all users.
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September 26, 2018, 06:39:33 PM
 #183

I think cryptos has enough regulation to survive the market.
I agree with you because of regulation connected with government. And most of them are corrupted from the inside so they want to have part of our money.
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September 26, 2018, 07:35:29 PM
 #184

I agree with you because of regulation connected with government. And most of them are corrupted from the inside so they want to have part of our money.

I do not think that is the case. 

As you can see these past few years, there are lots of scam cases towards cryptocurrency.  Many unsuspecting investors became victim to these scams.  So government, in order to protect their citizen act accordingly.  That is regulating cryptocurrency and make sure that the company or people behind will be verified so that in case a problem arise, government knows who is responsible behind the problem.

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September 28, 2018, 08:30:35 PM
 #185

With the growth and development of the crypto currency without government regulation and control can not do. Especially if we want the price to rise higher to a million. The control does not hurt, even on the contrary. It is necessary to attract large audiences, otherwise everything will stand in one place.

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September 30, 2018, 08:31:54 AM
 #186

We should learn about electronic money, what it is, how it works, technology and Bitcoin. It is best to have more regulations on electronic money to avoid hackers and for the sake of security.
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September 30, 2018, 09:21:02 AM
 #187

I think bitcoin need more regulation to be acceped by government. How about tax bitcoin mining?
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September 30, 2018, 10:05:20 AM
 #188



More regulations for cryptos will make them as similar as fiat money. This means that the traditional banks will dominate cryptos with the result that cryptos will be centralized.





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September 30, 2018, 10:20:19 AM
 #189

I think that the government will eventually take more and more attempts to regulate bitcoin. It can not be that bitcoin was taking more and more influence, and the government did not try to gain control over this process.

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September 30, 2018, 10:24:34 AM
 #190

Hello, would love to get your opinion on this topic. Do you think there would be more regulations regarding cryptocurrency by the Government? Both now and the future? Let’s say bitcoin price rises to $100,000 per bitcoin, Do you think the government would actually let it be and function on its own without constant regulations? Well, personally I think we would see more regulations from the government down the line to a 1 Trillion Dollars total market cap and above. But I’m positive such regulations won’t hamper on the further growth and advancement of cryptocurrency. So tell me, what do you think?
Probably because without any rules and warnings with this field can occur pure mistake, and such mistakes will be many, because in the entire field spinning oddin individual.
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September 30, 2018, 12:47:18 PM
 #191

Yes, until now Bitcoin hasn't been legally obtained from the government in some parts of the world. but that doesn't become an obstacle for bitcoin to keep long life. because until now bitcoin transactions still happen and cryptocurrency can still make a profit. Over time, the government began to study the blockchain system which is the latest technology in the creation of bitcoin and cryptocurrency.

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September 30, 2018, 12:52:49 PM
 #192

Hello, would love to get your opinion on this topic. Do you think there would be more regulations regarding cryptocurrency by the Government? Both now and the future? Let’s say bitcoin price rises to $100,000 per bitcoin, Do you think the government would actually let it be and function on its own without constant regulations? Well, personally I think we would see more regulations from the government down the line to a 1 Trillion Dollars total market cap and above. But I’m positive such regulations won’t hamper on the further growth and advancement of cryptocurrency. So tell me, what do you think?
At the moment, in many countries there is a regulation of the crypto currency. I think that in the future the crypto industry will be more regulated
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September 30, 2018, 12:54:33 PM
 #193

Yes, until now Bitcoin hasn't been legally obtained from the government in some parts of the world. but that doesn't become an obstacle for bitcoin to keep long life. because until now bitcoin transactions still happen and cryptocurrency can still make a profit. Over time, the government began to study the blockchain system which is the latest technology in the creation of bitcoin and cryptocurrency.
I don't hope so that the governments are really trying to study the blockchain transactions and also they don't usually show any much interest into thr world of cryptos. Cryptocurrencies actually is not regulated by the government and also it only makes some movement onto the demand and supply of the users.

Also I don't think that cryptocurrencies need any more regulations as already it is doing great as it is now. Also i think that several peoples have now started to draw some attention towards the cryptos even if it is not regulated by the centralised firm. Cryptocurrencies only stay best untill they are decentralised.

Most of the governments have also started to accept bitcoins legally and bitcoins are growing much well there. What we all need is some great support from the users so that cryptocurrencies can really bloom up.
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September 30, 2018, 01:23:46 PM
 #194

Hello, would love to get your opinion on this topic. Do you think there would be more regulations regarding cryptocurrency by the Government? Both now and the future? Let’s say bitcoin price rises to $100,000 per bitcoin, Do you think the government would actually let it be and function on its own without constant regulations? Well, personally I think we would see more regulations from the government down the line to a 1 Trillion Dollars total market cap and above. But I’m positive such regulations won’t hamper on the further growth and advancement of cryptocurrency. So tell me, what do you think?
I think it would not happen. Because regualtions for cryptocurrency is something that can't be easily made even if from the government itself.


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September 30, 2018, 01:41:40 PM
 #195

Philippines currently announced new regulation in ICO & Cryptocurrencies http://www.sec.gov.ph/wp-content/uploads/2018/08/MC-Rules-for-ICOs.pdf
I agree with your opinion more regulations in every countries for future. Government should attempt to this issue.
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September 30, 2018, 01:42:02 PM
 #196

Lets be realistic, governments are not going to abandon fiat. Even if Bitcoin fulfils its potential it won't replace government created money, if anything it will pave the way for central bank cryptos that will still have an infinite supply.

Thats why we're here though, to safeguard against that.
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September 30, 2018, 01:44:15 PM
 #197

Hello, would love to get your opinion on this topic. Do you think there would be more regulations regarding cryptocurrency by the Government? Both now and the future? Let’s say bitcoin price rises to $100,000 per bitcoin, Do you think the government would actually let it be and function on its own without constant regulations? Well, personally I think we would see more regulations from the government down the line to a 1 Trillion Dollars total market cap and above. But I’m positive such regulations won’t hamper on the further growth and advancement of cryptocurrency. So tell me, what do you think?

I think the government has strict regulations on BTC, that someone can easily make money laundering at BTC, moreover you can buy anything on DeepWeb with BTC, including illegal things, so whatever the price of BTC increases if we still use BTC for things that are negative then government regulations will remain the same as that
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September 30, 2018, 02:08:31 PM
 #198

Hello, would love to get your opinion on this topic. Do you think there would be more regulations regarding cryptocurrency by the Government? Both now and the future? Let’s say bitcoin price rises to $100,000 per bitcoin, Do you think the government would actually let it be and function on its own without constant regulations? Well, personally I think we would see more regulations from the government down the line to a 1 Trillion Dollars total market cap and above. But I’m positive such regulations won’t hamper on the further growth and advancement of cryptocurrency. So tell me, what do you think?
Decentralized crypto currency is very unprofitable for any state. Therefore, the government will always be under various noble pretexts to further introduce various restrictions that prevent the free use of crypto currency . Of course, in each state the degree of this regulation will be different depending on its civiliza- tion, the degree of rights and freedoms of citizens, and how citizens themselves can influence their government. However, I think that, in general, the situation with the use of crypto currency will be complicated.

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September 30, 2018, 07:27:05 PM
 #199

I hope that if the government will regulate bitcoin, then only to a minimum extent. Otherwise, the crypto currency will really lose its feature and there will be no special sense to use it, since the control of the government equates it to ordinary currencies.
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September 30, 2018, 07:51:24 PM
 #200

Hello, would love to get your opinion on this topic. Do you think there would be more regulations regarding cryptocurrency by the Government? Both now and the future? Let’s say bitcoin price rises to $100,000 per bitcoin, Do you think the government would actually let it be and function on its own without constant regulations? Well, personally I think we would see more regulations from the government down the line to a 1 Trillion Dollars total market cap and above. But I’m positive such regulations won’t hamper on the further growth and advancement of cryptocurrency. So tell me, what do you think?
I think that the rules will be tightened until the state comes up with a way to control the cryptocurrency market. In General, such things happen everywhere and not only in the field of Finance. The state first prohibits any profitable sphere, thereby increasing the attention and development of this sphere, and then takes control and legitimizes it.
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