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Author Topic: Bitcoin must be regulated!  (Read 2406 times)
idex100
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September 07, 2018, 07:50:17 PM
 #321

I use to ignore the need for institutional funds as we could do without it, now the market seem to be in need of some sanity from the market manipulators.we need SEC approval of bitcoin investment vehicles that could bring fresh funds in.
Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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Ibizugbe1
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September 07, 2018, 07:53:09 PM
 #322

I think regulating bitcoin will lead to another government and the capitalist controlling the price which is against the original ideology of the creation of bitcoin. Although we need the price to be stable to attract institutional investors.
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September 07, 2018, 07:57:04 PM
 #323

The very technology of decentralization bitcoin is created for the impossibility of its regulation. Bitcoin attracted attention by an unprecedented growth last year. Now interest in him fell.
BTalarmus
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September 07, 2018, 08:33:08 PM
 #324

Bitcoin by its nature should only self-regulate. At present, it is still at a very early stage of its development and is therefore very prone to speculative influence, as well as the influence of powerful mining pools. Over time, it should increasingly decentralize and gain weight, which will help it become a truly independent means of payment.
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September 07, 2018, 09:43:06 PM
 #325

One of the best quality of bitcoin is being decentralized. Bitcoin can't be regulated, if it is regulated by the government it will not be decentralized anymore. I think bitcoin is okay right now and doesn't need to be fixed. Fluctuation of price makes Bitcoin and other crypto more exciting.
If the governments want to regulate bitcoin that is their choice, what they have no control over is the network and if the people that are using bitcoin are going to follow those regulations, that is what they are not understanding they think that they can sign just a few laws and people are going to follow but this is not going to happen with bitcoin because it was a specifically designed to avoid regulations.

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crypteris
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September 11, 2018, 12:43:55 PM
 #326

Bitcoin can’t be regulated! It’s nonsense. The idea of blockchain and crypto includes decentralization and anonymity. Means, there can be no Bitcoin owner who defines how currency should develop. Governments try to control crypto but they can't do it fully because of the nature of crypto itself.
Blackwhite69
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September 11, 2018, 12:53:37 PM
 #327

The very technology of decentralization bitcoin is created for the impossibility of its regulation. Bitcoin attracted attention by an unprecedented growth last year. Now interest in him fell.

It only happens for people who are new to Bitcoin and do not have a good strategy to make prices rise again or will wait for prices to rise again. This is the very thing for investors to buy Bitcoin at a low price.
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September 11, 2018, 12:54:29 PM
 #328

bitcoin should be accepted and bitcoin should the support and approval of the government and of the banks have such new bitcoin have enough conditions to be able to further development
Hunusubuturi
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September 12, 2018, 09:09:59 AM
 #329

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.
northcoin2018
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September 12, 2018, 09:14:04 AM
 #330

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.

Yes its been long over due.  People who work against it most especially its competitor must start to realize that it is the next big Thing.
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September 12, 2018, 09:26:59 AM
 #331

Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin.

No. Untill today, I still believe that Bitcoin Price will go up in next few months. You must have confident. If every investor is like you, Not only Bitcoin will die, but also all Cryptocurrency will end. But Almost all investor have confidents

but hey where are the team?
I think, until now, Bitcoin Team still anynomous, specially the founder, Sathosi Nakamuto

then i will not expect bitcoin will last long.


No, we dont need regulation to make Bitcoin will last long term. Regulation is needed to control Exchanges from stolen their costumers, Trader!

carrieM
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September 12, 2018, 09:46:27 AM
 #332

Bitcoin can’t be regulated! It’s nonsense. The idea of blockchain and crypto includes decentralization and anonymity. Means, there can be no Bitcoin owner who defines how currency should develop. Governments try to control crypto but they can't do it fully because of the nature of crypto itself.
And that's the exact beauty of it.
Menawi12
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September 12, 2018, 09:56:05 AM
 #333

I think regulation needed on new ICOs not on bitcoin. Bitcoin is cryptocurrency and decentralized, no government can touch bitcoin data. The best government can do is make trading regulation.

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Tapyaks72
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September 12, 2018, 10:12:13 AM
 #334

The very technology of decentralization bitcoin is created for the impossibility of its regulation. Bitcoin attracted attention by an unprecedented growth last year. Now interest in him fell.

It only happens for people who are new to Bitcoin and do not have a good strategy to make prices rise again or will wait for prices to rise again. This is the very thing for investors to buy Bitcoin at a low price.
The only thing that some  that feel worried is the price which I think normal to all like block market in nature. Because prices will  vary from time to time depending on the factors like the world economy, supply and demand, but  the important things the system integrity. Still strong don't bother with the price just be patient and still trust the system.

Abigail Asi
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September 12, 2018, 01:17:26 PM
 #335

Bitcoin can be regulated and that is fine but regulating it so strictly will affect the market negatively. I believe bitcoin can make it even without regulation. It will survive in the future.
monster2
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September 12, 2018, 03:09:35 PM
 #336

Traders and investors will find it difficult when bitcoins are regulated because they are potentially big enough to beat our funds because they can really get the price of bitcoin.

INVECH - SECURE AND LICENSED CRYPTOCURRENCY EXCHANGE - INVECH (https://bitcointalk.org/index.php?topic=5052844.0)
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September 12, 2018, 04:11:32 PM
 #337


It's just that implementing excessive rules will increase bulk reliability. In addition, too many regulations will destroy the sole purpose of decentralization.


A really sad part to lose should regulation be in place. When people took in the anatomy of bitcoin as a whole, being unregulated was among the favorite picks of early adopters.

Bitcoin was never really designed to be regulated since regulation pertains to central control. A central control that could take away a person's innate ability to transact freely. And as much as many see that government backing is quite important nowadays, bitcoin's primal design would simply go to waste at an instant should regulation takes place.

We are supposed to live in a permission-less crypto world, regulation will change all of that.
ladyinredcoins2018
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September 12, 2018, 04:24:24 PM
 #338

every single sentence here proves that you do not know what bitcoin is. you are just too caught up in the price and have been excited about it that you forgot to check out what is this thing called "bitcoin" that you got involved in!

i suggest that you start by educating yourself a little more. read the bitcoin paper. start watching some of the Andreas Antonopoulos' videos , you can read his book mastering bitcoin. and you will no longer think this way. here is a link: https://antonopoulos.com/
If it becomes regulated it is more accepted to the conservative world because they can somehow take a control over it. And in a way bitcoin could lose its essence in this case.
Rosa Paula
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September 12, 2018, 04:32:34 PM
 #339

in the event that it will likely be controlled after that this beats the reason the reason why bitcoin was made, to begin with. that's absolutely no legislation as well as decentralized. we do not exactly how this could coincide along with the thought of crypto however in some way their own ought to be a method to counter-top rip-off within crypto.
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September 12, 2018, 04:44:17 PM
 #340

Bitcoin can't be regulated. Period.
It's very simple.
Nobody own bitcoin or stand behind bitcoin.
There is no bank or any government behind bitcoin.
In fact, nobody control bitcoin.



I hate the fact, but the fact can't be deceived. Bitcoin can never be regulated because it is very different from the currency issued by a country, Bitcoin will forever continue to be a decentralized cryptocurrency.



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