More Regulations For Cryptocurrency?

As time goes on, I think some countries may want to have some kind of regulation for cryptocurrency operation. The major problem I see with cryptocurrency is scam. Cryptocurrency is gradually becoming a safe haven for scam and people are loosing their hard earned money to scams everyday. Something has to be done about this.

If bitcoin is legalized, even with restrictions, this favorably affects its popularity and capitalization. Simple prohibition of bitcoin in the Internet era only develops various anonymous networks. Appearance of any legislation regarding bitcoin is a good step for crypto.

Your reason makes sense when in the future there is a chance that bitcoin will rise to $ 100,000 per bitcoin, and the government will probably regulate bitcoin so they don't lose taxes on all transactions. after all, the exchange rate of bitcoin is the same globally, so it's not difficult for every country to decide the same rules on bitcoin.

Well even that the price of bitcoin is $6,000 today still the governments from many countries are putting regulations towards cryptocurrency so i believe that theres no difference if the value stays low or grows higher.but the thing is we will only choose to accept whats make us comfortable,personally i am no against taxation’s because this is our obligations while were earning from this,but I won’t agree if governments will controls the cryptocurrency because thats why we are here because of privacy

Are you joke when seeing government have regulation of bitcoin price, what about many investor have buy bitcoin at higher price ? impossible we can control and government can make regulation of bitcoin price.

I wonder how to regulate the cryptocurrency because as far as I know, cryptocurrency cannot control by one or more people or even government. Maybe the government will add taxes for the cryptocurrency use, and we need to pay that taxes. And if this is happening, then I think we need to obey the rule and show to them that the cryptocurrency user follows their regulation and we don't want to break any rules.

I see government regulating bitcoin and cryptocurrencies generally especially by the time hit as high as $100000.
Even as at now that cryptocurrency price is low and bitcoin is at $6500, there is much talk about regulating it. High price of cryptocurrencies will surely attract regulations.

Price I think is irrelevant when it comes to the government on deciding what regulations they are making. If they based their regulations due to the price having insane amounts it will be unfair and not justifiable as they are actually trying to control the prices of Bitcoin with their laws which I think is wrong. Right now the regulations being created is a way to avoid criminal activities which some of them are related to money laundering, tax evasions, buying and selling of drugs, and funding terrorism which I can say is the right track in supporting cryptocurrencies.

If we free bitcoin from any regulations that would be better than we should impose some taxes and country regulations because then it will be like fiat money which is fully controlling by countries and in the world people are happy if they have no check and balance and it is a good way to save your funds with out any tax upon it.

I know a lot of investment regulations which were so useless abd burried a lot od projects for nothing( This is why I am against strong regulations abour crypto from the government

obviously, there would be added regulation but is still unknown I just hope that it won't ruin bitcoin's reputation just as how the merits decrease the users of bitcoin.

To see more regulations on crypyocurrencies is expectable. If regulations are mostly focused on security of the users, it would be greate. I would support such regulations, if these regulations are balanced in order to not stop further growth and advancement of cryptocurrency.

It is expected.

Right now mostly ico system is not something we can expect to carry on. It is causing too many scams and i think, they are acting slower than i thought about this.

Cryptocurrency is design to be decentralized and at that will for ever remains at that but to some altcoins who are some how centralized it possible for it to be regulated by government.

Cryptocurrency is a already very popular and accepted currency all over the world. In current situation cryptocurrency rules and regulation is good. In future also add some regulation, that producer also start you already see some ICO are taking KYC for their project.

It would be very difficult to relugate Bitcoin and alts..

I think they will never know it completely regulate maybe little they can use rules by another ways.. but never can be regulate

The market of cryptocurrency is a long way from an untouchable or the organization. This is used for the theorists in the market and in the mix both accumulations who exchange it. Anyway, at some point or another the organization will, in the discontinuance, begin gaining by the market and put bearings on it, it is assumed that the control does not hamper the market

Quote from: Sumo on September 30, 2018, 07:27:05 PM

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.

I think regulation will only produce something beyond expectation, my point here is that it is more likely to be the worst after regulation. Since the existence of bitcoin and until last year the market situation has been running normally. But with the government regulation on cryptocurrency, this adds more problem

Yes, there isn't a possibility that government will add more regulations for cryptocurrency. In the first place, there are many of these cryptocurrencies that is considered to be a scam, yet, they are still operating. With more regulations from the government, this scam crypto can be stop.

i think it is good to have more regulation for cryptocurrency because it will help cryptocurrency soon be legalized all over the world