Bitcoin must be regulated!

[nikki4]

For me, I want to stay Bitcoin what it is really is. I don't want the Bitcoin to be regulated of anyone or even the government. I want the government to remain a decentralized and anonymous as it is from the beginning. I know that there are some other people just like me to not make the Bitcoin be regulated or in controlled over.

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[Anam313]

I would say the market will be able to recover when they hype comes back and the great buying volume comes back again. Then the whales would also follow the hype. We dont have to worry too much.

[lorapalmer]

It is a bit a tricky question about how bitcoin can be regulated as it is almost impossible to track it. So there are some pros and cons to any situation. Here basically you pay for the privacy of the transactions and operations with the absence or limited regulations.

[South Park]

Bitcoin undergoing regulation can only mean onething, thus shifting from a decentralized mode to a centralized mode. The governments are in for just the power behind Bitcoin and once they are allowed to regulate it, Bitcoin will be manipulated to suit their own gains.

But what governments do not see is that if they do that and they get to regulate bitcoin then we're just going to abandon bitcoin and adopt another coin, so this market cannot be really destroyed by them because whatever tactic they use to destroy bitcoin or to take over it will show their hand and a developer will be able to create another coin resistant to those methods.

[Bonsaiav]

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.

I think the rules that you mean will only leave a number of problems for the development of bitcoin itself and also for its users. Supposedly, if you doubt the popularity of bitcoin, why should you invest in bitcoin? ... In my opinion, people like you are not worth investing in bitcoin, because you are someone who doesn't understand the performance of bitcoin.

[stayeduptolate]

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.

We all are aware with this fact that bitcoin is a decentralised crypto currency and thus there is no such proper authentic regulating body over the bitcoin who could keep eye over all the bitcoin activities and I think this weakness of bitcoin is misused by some social defaulters and they use in it some illegal activities like in selling drugs, explosives, money laundering and many more and thus in order to stop this illegal use of bitcoin, bitcoin needs to be get regulated and this could be only possible when bitcoin will get legalised all over the world.

[Sandijoee]

I agree with you, bitcoin must be regulated so that bitcoin is legal in all countries or accepted by all countries. And that might make the name bitcoin good and might make the price of bitcoin rise.

[seoincorporation]

You all should read the white paper of bitcoin, there Satoshi describe a decentralized form of payment that would allow the community to govern itself autonomously and without heirarchy.

No one can regulate bitcoin because it have it's own rules... Maybe some goverment's with hide transactions taxes with 'regulation', but they will not have the power over bitcoin.

Let me share some sources with you guys, maybe you learn something about Bitcoin:

https://bitcoinmagazine.com/articles/bitcoin-truly-decentralized-yes-important-1421967133/
https://cryptoiscoming.com/is-bitcoin-decentralized/

[dilemamis]

Bitcoin must get regulations because when Bitcoin gets regulation, the level of trust in digital currency will increase. As we know that there are still many people who have not been able to accept the development of digital currencies well, but when there are regulations, everyone will be easier to use and understand digital currencies.

[alexgreen8012]

Bitcoin regulation is required as governments are afraid that it can be used for illegal activities. If its regulated it will help in mass adoption and this in turn will increase the prices.

[SventraPapere]

Good thoughts.Support and promotion of course is not enough.We are ready not to throw bitcoin, if this is primarily interested in the creators.We need to unite and work together on development.And if the bitcoin team is only interested in collecting funds without further development...then alas we shall be powerless of the Lord.It is necessary to correct a situation now.

[Offece]

I assume it is a outstanding point of view. big money are invested into cryptocurrencies so investors need to be in protection. Of route the legal guidelines shouldn't be so strict due to the fact Bitcoin will lose its benefits

[South Park]

I agree with you, bitcoin must be regulated so that bitcoin is legal in all countries or accepted by all countries. And that might make the name bitcoin good and might make the price of bitcoin rise.

Another regulator, you don't understand not everything is about the price, the reason bitcoin has any value at all is because of its uncompromising characteristics, if you took away one of those characteristics bitcoin will become worthless, we cannot compromise it is clear that governments want to regulate bitcoin and if they want they can do it but that regulation cannot be put in the code or everything is over.

[Saldom12]

I think it's good, if bitcoin can be regulated I think all countries will be able to accept bitcoin. But it's very difficult because bitcoin is difficult to manage.

[wiro 212]

Bitcoin cannot be set because it is anonymous and will remain like this, I think because anonymous bitcoin is preferred rather than having to be regulated.

[Soneo]

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.

So, what are you talking about setting up bitcoin? Do you really know what bitcoin is?How much bitcoin do you invest and why is it lost, if there is one?Return to base buds.
if you don't want to risk investing in bitcoin then you should not invest.

[xbossJ]

Its not going to be easy walking the rope of regulation when it comes to bitcoin or cryptocurrencies as a whole. But it would be easy to regulate exchanges if they aren't decentralized! The only thing causing problems for the technology is the ICOs, although the technology was provided to make things easy for all of us in terms of funding of beautiful ideas which hitherto banks hardly paid attention to. A lot of bad eggs are turning this freedom into something of a death sentence for investors.! if we want to regulate bitcoin or other cryptocurrencies, we need features on blockchains that lockdown addresses suspected of moving funds that don't have valid sources,  addresses that have suspicious activities, but this takes away all the freedom for which the technology is loved in the first instance. Its possible but it would depend on what we redefine blockchain to mean! some freedom has to be taken away to stamp out bad eggs.

[MrRiuss]

we cant regulated bitcoin itself, but we can make a regulation about such as transaction of bitcoin in the real life.

[Supremacy1]

Well I didn't doubt it , it will only makes it acceptable by the government and leads to expansion of it usages all over the world

[hsyncl]

I always left when I had to be regulated in terms of security. But I can not make sense because of this issue, especially if governments do not recognize bitcoin. Because people are able to smuggle drugs on the counter side in the normal currencies.