More Regulations For Cryptocurrency?

[rj.raj]

Swiss financial regulator has defined licensing requirements for bitcoin kiosk operators and said that virtual currency platforms are subject to anti-money laundering act, but other regulation unlikely because virtual currencies are perceived as a marginal phenomenon.

[Nhor1011]

   It is possible if goverment has a full control over cryptocurrency.Regulations are good if it will not implemented in a right way but it could help also to minimized scam and it could be a way that people can trust more in cryptocurrency.

[Caxton10]

The regulation is necessary to prevent money laundering which may greatly influence a country's economy. KYC verifications will be one of the ways to regulate transactions.

[jcarlo]

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?

Government must be creating more regulation if bitcoin price always increasing. Beside they want to collect more taxes, government do not want losing control on money circulation.

[aeternus]

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?

More regulations are coming that is undeniable, the real question is if the regulations are going to stop the massive adoption of cryptocurrencies, and I do not think that is going to be the case because if governments regulate cryptocurrencies those actions give legitimacy to cryptocurrencies in the eyes of the public and that means that more people are going to adopt them.

[Beatrix77]

Investment in virtual currency business is on the increasing trend, the complexity, scale, and scope are widened. It attracts a large number of investment participants. It also facilitates the use of tax evasion because virtual currency payments are anonymous, and there is no trace. The creation of positive regulations will make the electronic currency rise. good and investors will be less anxious when deciding to invest in this market.

[ClassyDancer]

Just as long as these regulations are able to maintain and uphold the design and structure of cryptocurrency, then we should be fine. These regulations are meant to protect us anyway, right?
But how do you think these regulations will impact the price?

[Mideafan]

New positive regulations will make the crypto market safe, helping investors feel secure with the money they invest.

[umbara ardian]

maybe the regulation for cryptocurrency is only needed for some cryptocurrency, but I am sure bitcoin will not need such regulation to be used in some countries as a payment instrument.

[jcojci]

Maybe in the future, we will see the governments making regulations for cryptocurrency but the truth, we don't know what kind of that regulations. I think right now; the government still make research about cryptocurrency so they will announce this later to the public especially to the crypto user. But I don't think that they can controlling bitcoin.

[Janation]

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?

Government must be creating more regulation if bitcoin price always increasing. Beside they want to collect more taxes, government do not want losing control on money circulation.

They can just do that and go with it if they really want it don't you think? There are a lot of people investing on cryptocurrencies and mos of them are millionaires. Government can just apply tax if they want to collect more from their people but they did not, proof that they don't really want it.

Maybe in the future when cryptos are so damn popular that almost everyone knows it and more than half of the population of this world or these countries are using it every single day. I can't imagine the blockchain's state if that happens but hey, I am still stating some things that might make the government apply tax on Bitcoin though I hope that it don't happen.

[bp.comp69]

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 if the government fully controls the crypto currency, the crypto currency will lose their identity as a decentralized project. however, some regulations will be better if applied.

[melch100]

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 if the government fully controls the crypto currency, the crypto currency will lose their identity as a decentralized project. however, some regulations will be better if applied.

There will be consequences if cryptocurrencies will be regulated, some will get benefits and some will lose good features. But all in all I will keep looking forward for better regulations of cryptos.

[kakonhat]

Regulations mean binding in rules. How many regulations how many rules. And rules are good for spending your life normally but I think it's not good for Bitcoin. Rules good but restriction rules not good for BTC. However, It could be 50-50 chance to speed up the Bitcoin rally under regulations.

[Janation]

There will be consequences if cryptocurrencies will be regulated, some will get benefits and some will lose good features. But all in all I will keep looking forward for better regulations of cryptos.

Consequences like what? There are a lot of countries that embraced and regulated Bitcoin as it is and until now, they are not regretting that they regulated it since there are a lot of people visited their country for that certain purpose.

Bitcoin is having a low volatility these past months staying at the price of $6K. I think if this continues, it will be a high probability that Bitcoin will be more used as payment method than a investment and that may lead to more countries regulating Bitcoin in the future.

[mornabo]

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.

With their unlimited strength has many facilities to regulate of course the government can provide any regulation for cryptocurrency
according to their wishes, they can add special rules for the use of bitcoin, because the government has the power to do so

[quocsi]

Of course if bitcoin wants to grow stronger and go further in the future then I think it needs to have general rules. If prices continue to rise, I think the negative issues will arise more. And we need government regulations to protect the interests of investors. This way the bitcoin can grow longer in the future

[BlackPanda]

Regulation will make circulation and use of cryptocurrency better. Now some negative things do have an impact on how decisions made by the government. Therefore, when there is a definite regulation, the development of cryptocurrency will improve. I am waiting for this to happen and then we will get a much better cryptocurrency era. People need things like this because with regulations, everything becomes far more certain.

[kaena555]

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've been talking a lot about bitcoin lately, and during that time I've found that a lot of people know about it, but it rather depends on the generation. Bitcoin is much more understandable to young people.

[slaz26]

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?

This proves that bitcoin is not a classic pyramid, firstly - the pyramids do not obey technical analysis, and secondly - such rollbacks for the pyramids are deadly at 100%, you do not need to strain much.