roadwell890
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Activity: 490
Merit: 11
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August 26, 2018, 04:51:24 PM |
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this is what makes BTC holders more alert, because the main aspect of the existence of BTC and Blockchain is the decentralization of a financial system, therefore, if BTC has an agency that intervenes in regulating the existence of this currency, it is feared that the transparency crisis on BTC will decrease and cause investors to run away
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Even if you use Bitcoin through Tor, the way transactions are handled by the network makes anonymity difficult to achieve. Do not expect your transactions to be anonymous unless you really know what you're doing.
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eekkaa
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August 26, 2018, 05:05:06 PM |
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I think bitcoin should not have regulation because bitcoin should be able to move without regulation, but there are some countries that need regulation for the circulation of bitcoin to get legality in the country.
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jonasnick46
Newbie
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Activity: 5
Merit: 0
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August 26, 2018, 05:11:10 PM |
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This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.
Bitcoin is unique and no person, institution, government, banks and the even financial institution could make such haste to control it - because from the very first place it is impossible. The regulation is absurd because no one could be able to alter it since no one controls it.
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Zigzagkuy
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August 26, 2018, 05:13:29 PM |
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I think Bitcoin is difficult to set. How can you manage bitcoin now because bitcoin is now very strong. And it will be difficult to control bitcoin. We can try to regulate bitcoin but I don't think it will do any good. Because once again, bitcoin will not be possible to regulate.
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Teawhalee
Copper Member
Jr. Member
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Activity: 482
Merit: 1
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August 26, 2018, 05:37:33 PM |
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Everything needs regulation. It's not going to be sudden or instant. It will come gradually and everyone will embrace it. That's what I feel about it.
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Sectedmn
Newbie
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Activity: 25
Merit: 0
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August 27, 2018, 11:22:57 AM |
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What policies will Bitcoin observe? Who will rule out the law of Bitcoin or cryptocurrency? there is speculation that the authorities will create a regulation on Bitcoin, what do you suspect?
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Joshercine
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Activity: 75
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August 27, 2018, 12:52:08 PM |
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Bitcoin is and should be a subject to supply and demand. It's decentralisation won't allow any regulation to occour. If you are saying this only because the prices are down, you should chill out and wait a little more when they rise again.
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regadly
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Activity: 79
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August 27, 2018, 03:31:23 PM |
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The adjustment is different. The main thing is that the rules were uniform for all. Anonymity and mass character will help wide use.
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Faroxx
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August 27, 2018, 03:33:50 PM |
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I think the regulation of bitcoin is necessary, at least because it will give it confidence in the eyes of all doubting people.
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tranle1267
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Activity: 182
Merit: 1
Looking to the future and control myself
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August 27, 2018, 03:39:48 PM |
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i think bitcoin can not be regulated, because nobody hold enough bitcoin to control it, and there are no banks or organization behind it.
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Samaaliu
Newbie
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Activity: 70
Merit: 0
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August 27, 2018, 03:44:15 PM |
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This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.
Regulating the Bitcoin is not a must measure to save the market. People should just being scared unnecessarily.
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Lubang Bawah
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August 27, 2018, 03:48:10 PM |
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It can be said that the influence of bitcoin globally is very strong, with a marketcap that reaches more than $ 120 billion, it is time for all countries to immediately make regulations, this is to avoid various problems that can occur someday.
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ERossin
Sr. Member
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Activity: 490
Merit: 262
The World’s First Blockchain Core
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August 27, 2018, 03:57:41 PM |
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I think the problem is money-laundering , drugs, weapons, terrorist financing terrorist . Those problems make governments worry about if we can have some regulations which can prevent those problems , I'm sure Bitcoin will become the safest and the most valuable asset in the world.
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Monsterkill21
Newbie
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Merit: 0
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August 27, 2018, 04:04:49 PM |
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Regulation is a good thing for bitcoin and will increase adoption but I think Bitcoin can't be regulated because it's decentralised no one can control it.
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zarintasnim
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August 27, 2018, 04:06:13 PM |
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Bitcoin is dijital currency and it avail modern technology blockchain system. Bitcoin is popular and world wide accept currency.Although Bitcoin is not regulated it is not a problem. If bitcoin regulated its a bonus for bitcoin user.
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Belliapro
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Activity: 190
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August 28, 2018, 10:52:17 PM |
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I totally agree. We need a safe market. AML BitCoin rests on a privately regulated public blockchain that facilitates AML-KYC compliance and identifies criminals associated with illicit transactions while maintaining and strengthening the privacy protections for legitimate users.
I agree that in the end it will gradually eliminate anonymous features, in the free and global markets, there must be rules to take into account the use, otherwise bitcoin will be controlled by a handful of people who will become greedy in monopolizing the large capital prices they use anonymously.
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adjudicator
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August 28, 2018, 10:58:49 PM |
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This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.
Bitcoin has a lots of advantages than a fiat money, but the problem is that the government do not have any power to control bitcoin and there are some people that abuse the power on having bitcoin.
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South Park
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August 29, 2018, 10:04:22 PM |
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this is what makes BTC holders more alert, because the main aspect of the existence of BTC and Blockchain is the decentralization of a financial system, therefore, if BTC has an agency that intervenes in regulating the existence of this currency, it is feared that the transparency crisis on BTC will decrease and cause investors to run away
We need to be very direct if at some point a regulatory centralized agency is created that has control over bitcoin and the blockchain then bitcoin is done for, and will need to use another cryptocurrency and try to avoid that the same happens to it, but if the government creates their own agency but if it doesn't have control over bitcoin and the blockchain then bitcoin is going to be still the best cryptocurrency around the world.
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awosesun
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August 29, 2018, 10:51:16 PM |
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I know presently, many countries especially USA, trying all their possible best to regulation cryptocurency generally and not only bitcoin, which is very good to me base on some of the bad egg that are trying everyday to reap from where they didnt sow. But i think bitcoin doesn't need regulation in the first place because of the word crypto but for it's betterment and to make people believe in it, after crypto has been used to scammed people. So, it should be regilated.
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Zabzab9
Newbie
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Activity: 60
Merit: 0
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August 29, 2018, 11:09:26 PM |
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This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.
Yeah indeed, it is important for us to know the persons behind this Bitcoin procedures; the inventors, developers, or the proponents. The stability of Bitcoin will be constant if the society understand the owners of the procedures. Thus, I think it would be better if they allow the people to be part of the development. With that, the assurance of the long term procedures of Bitcoin will increase.
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