Can REGULATION Really Be Beneficial to Bitcoin?

[pooya87]

Once bitcoin may regulated probably it would temporarily fall down the price but in long run it could benefit the investor since there is a regulation that govern in bitcoin.

I don't think so,there is no concrete rule like protecting investors with strict regulatory authorities. Investor confidence index is down since 2017 because of scam issues which mainly happen in ICOs. Regulation will not bring any advantage for crypto community.

not all investors though.
if anything the 2018 dumps shattered the illusions that many newcomers had about ICOs and altcoins in general and made them open their eyes and treat them with more logic instead of more emotions. in other words the "fake confidence" went away and people became more logical or simply exited the altcoin market due to large losses.
you are correct regarding regulations though.

[1715069194]

1715069194

[1715069194]

1715069194

[1715069194]

1715069194

[1715069194]

1715069194

[minersday]

Regulation introduces limitations, and limitation is not something people in the crypto space will be comfortable with due to the fact that its goes against the nature of  a decentralized platform or ecosystem. The main purpose behind the development of Bitcoin was to bring financial freedom and not limitations. Regulating Bitcoin makes it a centralized system which will be no different from how the banking sector operates. Bitcoin regulation will not bring anything beneficial,but  it will just be a hindrance to the solutions Bitcoin present to the financial space.

[Ozero]

you are just referring to bad sources and it is a normal thing to be confused after reading a huge amount of nonsense that has been circulating in the bitcoin related news sites which only care about creating some clickbaits so that they can earn more money as people read their crap regardless of what they are doing to the system itself!

the thing about bitcoin is that it is decentralized. and that is not just a buzzword that we use. it is a very important concept. and that essentially means that regulations are meaningless for something that is decentralized.
but a big part of bitcoin's usage is its usage by the companies, businesses and merchants and they can be regulated. so regulations are only affecting them. and they affect the adoption. so if they aren't regulated, the adoption will go on at a slower pace and if there is regulation and more merchants adopt bitcoin then the adoption will grow faster and with it the price will go faster.
this means that lack of regulations is not going to cause a price drop!

In order for dealers to start using Bitcoin in large quantities, they need the appropriate regulatory acts adopted by the state on the procedure for its use and interrelationships with tax services and auditing. Without this, the state will simply crush these merchants with its sanctions. Therefore, without clear rules and instructions from government agencies, traders will be afraid to introduce Bitcoin in their calculations. Without state regulation, Bitcoin can only further develop in the private sector, but it will not be widely used by business structures. Regulation by the states, which will mean the establishment of the order and conditions for the circulation of cryptocurrency in society, we need.

[Nnedaddy1]

Just as you said in your submission that bitcoin is a decentralized virtual currency .
The decentralized structure of the bitcoin to my understanding is w-at makes it bitcoin, remove the decentralized structure and bitcoin will be like any other fiat currency.
Regulatory authority over bitcoin is good , but that would mean that the structure will have to be changed to centralized before that can happen.

[KingScorpio]

no single currency worldwide is as vulnerable to Bitcoin and crypto as the Liberty Empire of the United states.

as soon as the us central bank becomes bankrupt, Bitcoin will get new liquidity issues, as new national currencies will gain, like EURO, or russian rouble.

[Ezenwanyi1]

Yes , regulation will be beneficial as it will make Cryptocurrencies more stable which would enable the whole functions of money such as being a store of value etc.
Regulation will bring about price stabilization and this will make so many potential investors who were turned off from investing because of the volatile nature of Cryptocurrency.
Unfortunately, if this happens, then bitcoin will no longer be bitcoin as the purpose for it's creation have been defeated .

[creeps]

Regulation will give limited space for bitcoin and become not profitable when bitcoin could growing up, when have regulation bitcoin always at the same price and investor could not take profit more than 100% at the next time.

Bitcoin may not be profitable anymore but at least its more safer. Bitcoin created not for the purpose of making money beyond 100%, no one know that it can happen before until the hype begings. There’s a pros and cons on regulating bitcoin, and we cannot say what its all about, not until it happen this will depend on the situation.

[tenakha]

I've read this somewhere; The currencies that succeed, are not those that circumvent the state, but rather those that are legitimised by the state.
But it is a known fact that, Bitcoin is a decentralized digital currency. Free from government interference and manipulation.
Does this mean that Bitcoin, being the most popular and most sought after cryptocurrency, still cannot be considered a successful currency?
How can regulation help Bitcoin along with other cryptocurrencies? Will it benefit the investors as well?
Your thoughts guys...

Everyone evaluates this to be good or bad according to their own interests. In my view, how Bitcoin is accepted when it was created, it should be the same until the end. These changes will cause the price to be like the others, if we wanted it to be, noone would be busy with the crypto trade. In addition, this regulation will facilitate the interventions of governments at any time.

[DisWhale]

Although many cryptocurrency users are not in support of regulations but regulations can actually influence the upward movement of the market. Regulations means the governments will legalize the usage of cryptocurrencies. With this, people in all countries will freely utilize the service of cryptocurrency and as we know already, increase in demand will definitely increase the value of the market.

[kram31]

I believe it is very useful and beneficial! regulation is one way access for the government of many countries adopt the cryptocurrency and bitcoin.
They need to be regulated and many people will allow to use this. Government need to be assure that they will still get the needs and security of its people!

[comchien]

Clear and legal rules that will help bitcoin's future develop sustainably, it is important to help us better understand the legal and usage.

[kucritt]

you are right the success currency is the currency that legal in a country (there are policy on that country that will makes bitcoin and cryptocurrency become legal). if it can be reached, i think the price of bitcoin can rise up and more stable than before

[senin]

Regulation of cryptocurrency may be different. Any legalization of cryptocurrency also includes its partial regulation, since it determines the order and conditions of circulation of cryptocurrency on the territory of the state. Such regulation of cryptocurrency will be useful for it, because it will allow it to develop and enter our life faster. We only need to beware of such regulation, which would change the principles of the existence of a decentralized cryptocurrency.

[Bitcoinstein]

In my opinion regulation is needed everywhere, otherwise, there will always be types of abuses. Look at personal data for example, that have been sold during those years by everyone, starting from social media and affiliates, leaving so many doors opens to scammers to abuse uneducated weak audience.
Bitcoin has all it takes to be the official money of the internet.

Some of us can survive without regulation as we can "defend" yourself against frauds and malware. But what about the rest of the world? I think that more then regulation, we need education starting from elementary schools talking about the risks online, teaching the evolution of the Internet and educating the future generation of this digital world.

Bitcoin is probably only one sector that needs to be regulated to increase awareness and drive higher volumes. I believe as a result of it, the market cap will benefit.

[JPSelzer]

I think crypto regulation is inevitable. Correctly you wrote that it will be necessary for global acceptance. There's nothing wrong with regulation. I think we'll check it out soon.

[Eildosa]

It is difficult to say what impact regulation can have for crypto. The main thing is not to overdo it. But I think it will help the cryptocurrency to scale more. Also, regulation will inspire confidence among investors and may cause a new flow of funds to the market.

[shield132]

In reality when governments make regulations on bitcoin, it's because to gain more control on it, not actually om bitcoin but how much user does exchanges have, where goes money and so on. In any way, if it's really beneficial or not, doesn't matter because it will happen anyway. At first there were no regulations because it had few users, news around bitcoin and crypto weren't loud and important.
To directly answer your question, for us regulation isn't good, because bitcoin is meant for protecting privacy and to be decentralized.

[boris singer]

In reality when governments make regulations on bitcoin, it's because to gain more control on it, not actually om bitcoin but how much user does exchanges have, where goes money and so on. In any way, if it's really beneficial or not, doesn't matter because it will happen anyway. At first there were no regulations because it had few users, news around bitcoin and crypto weren't loud and important.
To directly answer your question, for us regulation isn't good, because bitcoin is meant for protecting privacy and to be decentralized.

a big impact on the addition of active users and investors together with agreements that were immediately understood as yellow lights. But what happened next was a lot of irrefutable rules. But how much debate arises that there is no denying that regulation must exist to make greater speculation. The market will respond in their own way.

[eaLiTy]

How can regulation help Bitcoin along with other cryptocurrencies? Will it benefit the investors as well?
Your thoughts guys...

The only positive thing that can come with regulation is that we could have strict regulations on how to run the exchanges and the scams we see now can be eradicated as well as in my opinion we need a strict regulation on ICO as it was the major area in which majority of the scams takes place and the companies that collects these huge amount should produce their work progress after accumulating the amounts rather than social media hype and words.
Regulation can bring in institutional investors in the market which will rally the market upwards rather than going down.

[Pattart]

In reality when governments make regulations on bitcoin, it's because to gain more control on it, not actually om bitcoin but how much user does exchanges have, where goes money and so on. In any way, if it's really beneficial or not, doesn't matter because it will happen anyway. At first there were no regulations because it had few users, news around bitcoin and crypto weren't loud and important.
To directly answer your question, for us regulation isn't good, because bitcoin is meant for protecting privacy and to be decentralized.

a big impact on the addition of active users and investors together with agreements that were immediately understood as yellow lights. But what happened next was a lot of irrefutable rules. But how much debate arises that there is no denying that regulation must exist to make greater speculation. The market will respond in their own way.

Agree, I think regulation must be done, like it or not. bitcoin will continue to grow and spread, regulation will make bitcoin go up one level to a higher class, bitcoin will look official and more trusted, of course there will be pros and cons, that's a natural thing. but of course every regulation and rule can be changed accordingly with the agreement of each party..