Adoption or Regulations why way is better for bitcoin ?

[jyotianand01]

Adoption through regulations is the best way to get a lot of new investors in this market as many people are not entering this market because of no regulation if any fraud happens. Regulations create huge value for bitcoin as demand grows significantly but supply is shorting day by day.

[kryptqnick]

The ETF isn't a government related affair, but it will allow institutional investors to participate in bitcoin trading. Regulation will help mainstream adoption by providing a legal framework so really both is needed to succeed

That's right. I think we should separate regulation and control. While both involve some institutions intervening, the former creates the legal basis for operations and partial price manipulation and the latter presupposes complete price manipulation and possession of at least significant supply. Futures contracts are basically also a way a regulating bitcoin, and this involves serious price manipulation, because the real price is not even taken into consideration. ETF approval is a way to make investments purely legal and the price is supposed to be approximately what's on the market. Btc control is not possible at all, because even a legislation forbidding to use bitcoin doesn't mean that btc will really not be used or anything. And the marketcap of btc is so huge that buying a control package seems close to impossible.

[SlaveKing]

There is little chance of mass adoption of bitcoin without any regulation since people fear that they might lose their money. Imposing regulations on bitcoin will surely increase safety and trust but the regulations should be kept to a minimum. If we get the ETF approval then we’ll see a huge volume increase in bitcoin which might result in a higher price.

[Ilegendph]

There has been so much FUD/FOMO lately about the bitcoin ETF proposals, debates on its merits and demerits,  it makes me wonder. What is actually better for bitcoin, Is it some form of government regulations like ETF approvals or Gradual mass adoption of cryptos in general?  What's your take?

Bitcoin ETF proposal is an effort to increase Bitcoin adoption among investors and the gradual adoption of Bitcoin, in general, is the result obtained from various efforts, I can't compare it because efforts and results are two interrelated things

Same opinion bro, regulation is just an action of the government to protect its citizen from different scams from crypto industry. Well, at first, we can see that it will effect negatively on price but in the long run it may do good because the government itself will endorsed cryptocurrency to its citizen and thus promoting mass adoption.

[bangkecol]

in my opinion, this is indeed very necessary, this is to provide an opportunity to be able to maintain the stability of bitcoin prices, and the future of bitcoin clearly, with regulations, this indicates that bitcoin has a place. This is a step that must be done in my opinion.

[rahimali]

I think adaption offers bigger impact on crypto market rather than regulation. Regulation shrinks the opportunities but adaption increases opportunities. So in my opinion adaptation is better than regulation

[cryptohopes]

I think adoption is better than regulation for bitcoin. Too much regulation can destroy an economy, though there has to be some regulation in the economy. Bitcoins should be adopted by a huge number of people, it will be better for the economy.

[dothebeats]

Both scenario will surely help bitcoin succeed however, the most plausible one is the mass adoption first, regulations follow. Governments only regulate certain type of asset class/investments if it see that public attention towards it is high. If people already adopt bitcoin right before regulation, there's a solid foundation for survival, regulation only strengthens the masses' confidence about it. Whereas in the opposite scenario, no one would dare touch bitcoin if regulations and taxes are already in place; no one would take hefty profits and no one would be interested as it would seem like bitcoin is just like stocks and derivatives, only with a sassy name.

[altcoinhunter01]

Both are required as adoption requires some regulations because it is a digital currency and those who adopt it as a payment require some rulings as per their country laws. If it is adopted then it will be regulated and it will change the whole market scenario and a huge demand come out from new investors.

[Xenrise]

Adoption is probably the better. I can't see any regulations during the first 5 years of bitcoin. Only adoption of people were present and look at the growth, it is strong right? So, adoption is clearly the better way.

[Anita1873]

Adoption of Regulations will better for bitcoin because by the adoption of regulations a lot of new investors will entering in this market, those are not interested before due to fear of fraud in absence of any regulations. It increases the demand for bitcoin and helps to make a new high of bitcoin.

[LateMoveR52]

Definitely, adoption is better for bitcoin at first. If mass adoption happens then automatically regulation will take place. But if regulation is started before adoption then it can be both positive or negative for bitcoin.

[zxrcoin]

well to be honest I can't compare this two things, their results and systems both are very different from each other so I would say that you should gather information about them so that you can choose on your own that which one is better for you

[LogitechMouse]

I think adoption is way better because if many people will use bitcoin in the next years, the government of different countries will follow regulating it.

This Bitcoin ETF is just another step into the Bitcoin's massive adoption. If this will be approved, this can be a reason to the rise of the price of bitcoin. If not, then it can go lower than the key support.

[prikitiw]

The issue that mentions Bitcoin and other crypto are just schemes and untrustworthy because they are illegal, and many countries forbid Bitcoin to cause big doubts in the minds of new investors, so Bitcoin and other cryptocurrency needs to be regulated in advance so that adoption will run smoothly because of the trust of new investors,so that we can see mass adoption will be fast.

[Slow death]

Is it some form of government regulations like ETF approvals or Gradual mass adoption of cryptos in general?  What's your take?

Yobit - Stucked coins list (Add yours)

YOBIT Scam Exchange

Yobit Scam withholding 10BTC

YOBIT holding coins to profit from POS interest -

if we had regulations, these cases would be greatly reduced

[pooya87]

Is it some form of government regulations like ETF approvals or Gradual mass adoption of cryptos in general?  What's your take?

Yobit - Stucked coins list (Add yours)
YOBIT Scam Exchange
Yobit Scam withholding 10BTC
YOBIT holding coins to profit from POS interest -
if we had regulations, these cases would be greatly reduced

no we won't. because cases like this are mostly related to altcoins and altcoin exchanges which happen to be unregulated and unknown. and people will always use these, maybe even more in case of regulations. for example if exchanges in US such as Bittrex and Poloniex start being regulated and ask for hefty taxes from their users as they report all their activities to IRS, everyone would leave and migrate to other platforms and many of them being bad means scam cases like these would continue to happen, even more than before.

[EffectiveScorpio657]

I personally prefer adoption rather than regulation because bitcoin is that kind of thing which is beyond regulation and if it is regulated then it just lost its value.

[CodiepieBCT]

Bitcoin ETF proposition is a push to build Bitcoin reception among financial specialists and the slow appropriation of Bitcoin, all in all, is the outcome got from different endeavors, I can't look at it since endeavors and results are two interrelated things.

[Crypto24hrs]

 Have you ever wondered why government is bent of having Bitcoin destroyed or at list have it regulated? just because their selfish interest is not captured by the way Bitcoin operates, regulate Bitcoin and destroy its future or allow it be naturally adopted and it shall leave forever.