Can REGULATION Really Be Beneficial to Bitcoin?

[Kelvinid]

Regulation is good in term of making the community less prone to scams and schemes. There will also be control with the coming of different kind of coin. The only  problem with this is that, the regulator might have personal interest and may cause complicated system with crypto. The only thing that should not be move in the system is the full control of the users over their funds and no one should intervene and take interest on it.

Regulations have enormous benefits for the direction of the development of cryptocurrencies is much better.
Regulations can make significant changes because it can help develop Bitcoin much safer and more secure.

We can't assure of its security cause it is eventually our individual responsibility as a holder of our coins.
It actually give us trust to invest in here cause we think that we are protected by the government and surely give assurance that they will save us away from illegal activities which causing more losses due to scam and frauds.

[iMark]

My thought is that bitcoin needs to be regulated! Regulations will bring the confidence of institutional investors on bitcoin and cryptocurrencies in general.  The scamming activities will be reduced if bitcoin is regulated and monitor by the governments.

I think so, I hope many users support this, this is the first step for crypto exploration. in fact people are reluctant to use crypto if the government prohibits it? the government has a big influence. so regulation is very useful and needed for bitcoin

[Freddie Aguiluz]

I believe so. For a currency to become widespread, lots of people need to accept it. Regulation can create demand for bitcoins. By making them a means of paying taxes or closing major financial transactions, it provides legitimacy to the currency. That naturally propagates knowledge, familiarity and demand for Bitcoins across a wider range of people, breeding acceptance. Some say that legitimacy is what Bitcoin really needs.
As more people embrace and adopt Bitcoin and governments worldwide accept it, the marketplace gains more liquidity, naturally decreasing Bitcoin’s volatility
Done intelligently, regulation can solve key problems that bitcoin is now facing in its efforts to become a proper currency.

[TelolettOm]

It is very beneficial because the country that provides the rules gives a sense of comfort to the people of the country and also we do not violate the rules in the country because there are clear regulations about bitcoin

[ymer]

Governments acknowledgment is an absolute necessity through controls if btc requirements to develop later on with legitimate reception rate with presumed associations in light of the fact that no organization is eager to go out on a limb and join bitcoin with there center procedures
if governments won't sanction and formalize bitcoin use in there nations inside a lawful casing work with reasonable directions and that is the thing that numerous advanced money lovers wish to occur later on so they can proceed with bitcoin and different digital forms of money.

[apilpirman.bisnis]

Regulation not yet have benefit for bitcoin, just giving bitcoin limited and hard to get higher price, always give bitcoin space for price is on higher or lower, when price of bitcoin lower we can buy but when higher we can sell.

[Crypto24hrs]

I strongly believe in regulation of bitcoin but i do not have the enthusiasm for it, because in as much as regulation will increase the scalability of bitcoin and the confidence of investors we should also be careful not to compromise one of the major reason why crypto is popular which is the desire for people to take charge of their life away from the decentralized government system. please read this https://www.trudex.io/cryptocurrency-regulation-pros-cons/

[dongyi17]

Yes I think so, so that it will become legalize, coz some countries do not accept it in fact they banned it, but then its regulation must be beneficial for all and must be agreed opn otherwise it will not be called regulation and also there must be some guidelines to it before it implement.

[crzy]

Regulation not yet have benefit for bitcoin, just giving bitcoin limited and hard to get higher price, always give bitcoin space for price is on higher or lower, when price of bitcoin lower we can buy but when higher we can sell.

So far I agree on this one since regulations are too harsh for the market now, and it cause panic to people. But still hoping for a more good regulations that is really in favor to cryptomarket and to those investors. More country will regulate this one soon, let’s see who has the better regulations.

[superstarbtc]

in crypto, we can expect from governments that is guidelines imposing strict regulations may not be possible what japan government is doing the same thing every government should follow

[LUCKMCFLY]

I think that the Government and the General Bank do not want to be left behind with regard to Blockchain, because every day the technology is echoing in every corner of the world.

Nor can we say that everything is fine, because this technology is decentralized in nature, and these organizations do not want to lose power in any way, control can not have it here, and that is something very positive, the idea of ​​cryptos is that "Everyone you are welcome to the Crypto World "where there should not be any kind of control by Third Parties, where you have the right to manage your money without action or the hands of the governments or banks that demand the origin of your funds, and if they come from crypts, they do not accept and they have the power to block you.

The idea of ​​all this is that we manage our money as we want, without anyone limiting it. For these reasons, I do not think it's beneficial.

[n0ne]

Regulation not yet have benefit for bitcoin, just giving bitcoin limited and hard to get higher price, always give bitcoin space for price is on higher or lower, when price of bitcoin lower we can buy but when higher we can sell.

So far I agree on this one since regulations are too harsh for the market now, and it cause panic to people. But still hoping for a more good regulations that is really in favor to cryptomarket and to those investors. More country will regulate this one soon, let’s see who has the better regulations.

Regulations needs to be made in a way that gives mutual growth to the cryptocurrency users as well as the government that has provided with the legal support. As of now very few countries have legalized bitcoin as well other digital currencies, hope the market will pump high when more and more countries legalize the use of bitcoin and other cryptocurrencies.

[Teawhalee]

At this point I think what is needed to move to the next phase is regulation. Everyone is careful of investing or participation and some people are even banned from participation because of this regulation issues. Only if cryptocurrencies want to see massive adoption and usage, then it needs to be regulated starting with bitcoin . To an extent it will reduce the volatility rate of cryptocurrencies.

[zee11225]

Yes I think so, so that it will become legalize, coz some countries do not accept it in fact they banned it, but then its regulation must be beneficial for all and must be agreed opn otherwise it will not be called regulation and also there must be some guidelines to it before it implement.

Regulation is a corridor where something can be done or not done. So this rule will make activities run according to what the government wants.
For bitcoin regulation will be able to increase the number of users because there is a sense of security that bitcoin transactions are legal, or ownership of bitcoin is not prohibited. For countries that have banned bitcoin so far, regulation can be a way out, because the government's role in protecting its citizens from the loss of using bitcoin can be done.

[princeyeboah]

Bitcoin has survived every tribulation since its inception and has brought great profit to its investors without the help of any regulation. This means that Bitcoin does not need regulation to make its service provision any unique. Bitcoin possesses the intrinsic factors which are capable of supporting its survival and betterment on the market.

[lyks15]

I think regulation really be beneficial to bitcoin because when regulation come the use of bitcoin will be more function and many merchant and companies are going to accept bitcoin so the investors will have many option to deal on different bitcoin business. But on the other hand regulation has a negative effect in bitcoin investors. It is the tax and higher transaction charges.

[DarkIT]

I think regulation really be beneficial to bitcoin because when regulation come the use of bitcoin will be more function and many merchant and companies are going to accept bitcoin so the investors will have many option to deal on different bitcoin business. But on the other hand regulation has a negative effect in bitcoin investors. It is the tax and higher transaction charges.

it all depends on the regulations issued. when the regulation is burdensome to bitcoin, it could be that it is not useful for bitcoin, and it is the thing that drives bitcoin to become a dump. but, when the regulation does support bitcoin, of course it will be very profitable.

[Xenrise]

Regulation is not that bad. Bitcoin regulations makes it more less volatile. There were some people saying that this kind of activity when SEC wanted to regulate BTC, they refer this as a bad idea on bitcoin's growth. But, it is not bad, it will help bitcoins growth and more investors will come to market with this.

[Siren]

Seems like lots of name mentioned above to be an experts but the question are is this reliable? Do we really need to listen and be stressful on their speculation? My answer is not as they are talking only regarding to what they think will happen but nothing in assurance. For me bitcoin will conquer all of these negativity as long as we believe and trust this cryptosystem, from that we will achieved the top in no longer time

[eaLiTy]

Regulation not yet have benefit for bitcoin, just giving bitcoin limited and hard to get higher price, always give bitcoin space for price is on higher or lower, when price of bitcoin lower we can buy but when higher we can sell.

Regulations alone will not impact the long term price of bitcoin, but we will see more investment from the financial fund houses and it might increase the price, we need strict regulations when it comes to collecting funds and running of exchanges, but that does not mean that it will affect the market altogether, it just restrict the scammers to scam easily like they did in the past, with every security feature we are loosing our privacy and there is nothing that can be done.