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Author Topic: More Regulations For Cryptocurrency?  (Read 3765 times)
loloos
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October 31, 2018, 06:12:58 AM
 #361

regulations are good for Crypto and Bitcoin if they are inclusive of crypto as an asset class. We need a good infrastructure and framework around Bitcoin so that the bigger entities like pension funds, hedge funds and Indeces can start utilizing this asset class for the benefit of their very wealthy clients.
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ElvisSinatra
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October 31, 2018, 06:33:17 AM
 #362

Bitcoin is a currency, asset or commodity that is the definition different from the perspective of each nation. In order for bitcoins to become legal, countries need to provide general rules for bitcoin to develop in a positive way.
Ezenwanyi
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October 31, 2018, 07:42:21 AM
 #363

I understand Bitcoin is a decentralized virtual currency that is its own" central bank"..... meaning that government cannot really be able to control or influence it's activities.
So even if government wants in ,how do they intend asserting control over Bitcoin.
Your guess is as good as mine.
Although I am of the school of thought that regularization would pave way for Mass adoption.....the question remains,how?

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CryptoSwap_GlobalOfficial
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October 31, 2018, 08:39:17 AM
 #364

Governments can enforce many regulations to better regulate and control the bitcoin market, which may be beneficial to both parties: government and investors.
dexter45
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October 31, 2018, 10:58:45 AM
 #365

We all know crypto currency is not acceptable by all the countries. But some countries are accepting crypto currency because in their country this market is popular. I hope in near future this market will become no1 place for investment.
sirminesalot
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October 31, 2018, 11:38:54 AM
 #366

I think that a number of measures should be taken on regulation, especially on ico. both the bitcoin and the investors are hurting because of this and more unnecessary projects.
I agree with you, fraud fraud ico must be dealt with firmly because many people who are cheated even make people feel frustrated and lazy to invest ico again. This end happened a lot to me, even though I had chosen it carefully and the best and finally it was a scam, maybe it wasn't my luck.
vendy86
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October 31, 2018, 11:45:43 AM
 #367

Of goverment give regulation, that's mean they already legalize it. But like we know, so many country try to kill cryptocurrency by ban it. They dont want Crypto get bigger and famous more than now, becaise it gonna be threat for their national currency. So, i dont think goverment will regulate it even bitcoin reach $100k.

syntac
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October 31, 2018, 11:47:50 AM
 #368

of course it will not hamper, whatever the government applies the applicable regulations, bitcoin or the like will have no effect. on the one hand there are many people who are involved with bitcoin, so that bitcoin's income continues to rise, even though the market is cheap though. that's a distinct advantage for bitcoin.
aeternus
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November 01, 2018, 01:34:41 AM
 #369

Of goverment give regulation, that's mean they already legalize it. But like we know, so many country try to kill cryptocurrency by ban it. They dont want Crypto get bigger and famous more than now, becaise it gonna be threat for their national currency. So, i dont think goverment will regulate it even bitcoin reach $100k.
The reason we are not seeing more countries banning cryptocurrencies is because they get that if they do that they are not going to have justification to do it, so they are trying to create the narrative that bitcoin is used by criminals to try to make people back their proposal but it seems that no one cares and so they cannot move forward with their agenda of banning bitcoin.
thenameisjay
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November 01, 2018, 05:19:57 AM
 #370

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 more regulations bitcoin have the more people will probably tend to use fiat money rather than bitcoins. Fact is, today, since bitcoins are expensive to use and slow to transfer,  lot of people still opt for money. But then again, if you want a transfer with personal touch, then bitcoins are the best option.

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Agatha-Akina
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November 01, 2018, 05:28:00 AM
 #371

In each country, bitcoin is defined differently, the way they are traded is different, so that bitcoi becomes global currency, there are general rules for easier trading.
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November 01, 2018, 06:25:07 AM
 #372

I think cryptocurrency regulation is a bittersweet reality for us (crypto investors, enthusiasts, and believers) because when the cryptocurrency is regulated, we may feel that our crypto earnings will be taxed but at least, we are safe of what we are investing.

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VUKIMTHAO
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November 01, 2018, 06:42:25 AM
 #373

The government will issue many regulations, but it is impossible to fully control Bitcoin-related activities Grin
NinaOasis
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November 01, 2018, 06:52:22 AM
 #374

For Bitcoin to be legalized, these digital currency regulations need to be further refined and supplemented to ensure their completeness and comprehensiveness in order to meet the practical requirements and in accordance with national practice. The positive regulations will make the cryptocurrency market more sympathetic to the government.
seramania
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November 01, 2018, 07:34:37 AM
 #375

sometimes it can be a useful thing if crypto gets a regulation, but sometimes this will continue to be used as a method to provide crypto owner security if there is regulation and this is profitable,

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Linkinparkum
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November 01, 2018, 07:39:44 AM
 #376

At the moment, there are more and more government regulations for Bitcoin. I think Bitcoin needs clear regulations to create stability and sustainability for Bitcoin in particular and cryptocurrency in general.
Agilth@mail.ru
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November 01, 2018, 08:00:24 AM
 #377

it is a very good question, whether cryptocurrency should have more regulations or no. On the one hand, with taxes and all the standard regulations all the current investors who use bitcoin will highly likely quit. There are particular reasons, why they keep their assets in crypto, one of them is anonymity, another is exactly lacking standard regulations. On the other hand, it may increase the demand because a lot of ordinary people will get into the mainstream. In that case, in my humble opinion, cryptocurrency will become just another kind of online money.
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