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Author Topic: Bitcoin regulation ERA! does Bitcoin has any Future?  (Read 120 times)
KyoNitro (OP)
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August 06, 2018, 05:35:56 AM
 #1

Hello Master ,

As we all know the world and its government are all discussing the same things BITCOIN, BLOCKCHAIN, CRYPTO CURRENCY. every one thinks its a easy money, for few its a chance to rich and some has done way better than they think they ever could.

But all above is there any FUTURE OF BITCOIN? (only bitcoin for now)

YES. my answer stands for YES, why!

Because bitcoin is just not a internet money, it provides you a asset value for long term just like REAL ESTATE did.
All above you can trade this coin and you are being safe by cryptographic conversion, hence its a good deal.

but still 1% population of our globe using it because its tech savvy and its hard to control due to limited supply and high volatility. but if you look at past gold did the same and we are crazy about it, its all about the marketing ..lets keep it simple. Wink (no marketing explanation for now)

Bitcoin was created in 2009 till 2011 it was just for developers than after 2011 it got peoples eye but still very few were there to talk about it, they did mining and buying stuff online with it, hence it was easy points just like game assets, but in 2013 when it got a new ATH, Bitcoin attracted more people and it was trading at many platforms with several others altcoins. New people join and make it a global market than in 2017 when in went $20000 all the governments got their eyes on Bitcoin and wants to regulate it, this year is for Regulating BITCOIN aka regulation period in BTC history.

All authorities are making regulations for this but they lack a lot of information about bitcoin, BITCOIN was created to completely remove the centralization in finance by the help of blockchian, Cryptography, P2P transaction, and computer science etc., thus it is no use to regulate them sooner or later when people realize its real use they will start changing their financial habits from fiat money to BITCOIN. Decentralization is the real cause people will attract toward Bitcoin.

It is all about to take care of your own pocket by yourself unlike banking system do they take your money they protect it from thieves, hackers, and earn profit by loans and other investments but they don't give you back the real price of your money and charge every time you use their services and takes a lot of time either, banking 4.0 they say it , net banking and all but its already outcast by bitcoin in 2013 and now due to decentralization will help people to make it even better and it does in past, still doing.

For now i am closing this topic and i know there are lot of question about how do we buy when government regulate them or how do we use it when no merchant wants it. its simple will continue in next topic, there is always a way.

Every generation has a chance to change the world ~ U2


this is our chance to really outcast the central control from money because our life and our future depands on it. Other wise there must be no poor, if we have a successful finance control around the globe.

BTC Smiley
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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August 06, 2018, 05:50:45 AM
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hey,  follow you. this is another great post.  Smiley Smileyhttp://
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August 06, 2018, 06:02:11 AM
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hope for the future of bitcoin there will be a new government agency created to analyze digital currency regulation
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August 06, 2018, 06:06:33 AM
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Btc price will eventually stabilize in the future. For now it’s the Wild West baby.

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August 06, 2018, 06:15:13 AM
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you got something wrong! not "everyone" thinks that. and that is why bitcoin is strong. and it is not just something you invest in and make profit. it is a unique decentralized payment system that can not be controlled, censored, restricted, or anything like that. and all of these attributes are making it strong. these are the reasons why more people are going to buy (aka dump their centralized fiat for decentralized bitcoin) bitcoin and why its price will go up. not because there is more profit on their centralized fiat.

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August 06, 2018, 08:44:21 AM
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You can get your answer and also get the prove from your own post. Governments of all countries are talking about bitcoin it means they are interested about it only problem is they just want to regulate it. No matter what will gonna be happen bit coin has a bright future.
KyoNitro (OP)
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August 06, 2018, 08:59:07 AM
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you got something wrong! not "everyone" thinks that. and that is why bitcoin is strong. and it is not just something you invest in and make profit. it is a unique decentralized payment system that can not be controlled, censored, restricted, or anything like that. and all of these attributes are making it strong. these are the reasons why more people are going to buy (aka dump their centralized fiat for decentralized bitcoin) bitcoin and why its price will go up. not because there is more profit on their centralized fiat.

i stand with you it is not about profit or removing fiat system. Bitcoin created a way so we can do business without trust via smart contract( i know Ether initiated it but it was a idea from bitcoin ) its a big step towards globalization as before bitcoin we have to deal with lot of fiat if i am doing business in multiple countries but now we can do it by a single currency without any bank support and as well it didn't take time, someone who have a big business always wants this (Starbucks looking forward to accept  BTC).

BTC shown this world about our technology how far we have come,  fiat system needs modification like postal service, farming, real estate, mobiles, computers everything.

and YES! it has a bright future. iNDEED!
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August 06, 2018, 11:48:03 AM
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I don't know bitcoin has a future or not but i can confidently say bitcoin is the future and regulation can not stop it because it is beyond regulation.
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August 06, 2018, 02:00:46 PM
 #9

Gold is not as volatile as much as Bitcoin is. If you think decentralization is what is attracting people to Bitcoin, you are just blind. Everyone can see for example where 90% of people here consider Bitcoin as an investment, and the same percentage maybe don't know what decentralization means. Profits are what attract people, investment is what gives regulation and is the bullet for cryptos

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wxa7115
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August 06, 2018, 05:16:30 PM
 #10

you got something wrong! not "everyone" thinks that. and that is why bitcoin is strong. and it is not just something you invest in and make profit. it is a unique decentralized payment system that can not be controlled, censored, restricted, or anything like that. and all of these attributes are making it strong. these are the reasons why more people are going to buy (aka dump their centralized fiat for decentralized bitcoin) bitcoin and why its price will go up. not because there is more profit on their centralized fiat.
Correct, one of the great problems with fiat is that it needs the force of the governments behind it so people accept it, people do not see this because it is happening every day and there are many countries in which only the fiat printed by the governments is allowed to circulate, so if you want to use dollars you first need to convert them to the local currency.

Bitcoin is different, right now most people disagree with the utility of bitcoin, this is easy to see since they have not adopted bitcoin and yet bitcoin is still very strong despite the different bans and regulations put in place, if it really becomes widely adopted bitcoin will become easily the strongest and most resilient currency in the world.

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