Mighty_crypt (OP)
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September 13, 2019, 08:10:25 AM |
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Since the last dot.com bubble many people stop trusting the government and bitcoin was born which offers decentralization, i think this is a big difference from dot.com because if you ask me what dot com bubble was i'd say is simply a rising asset that no one have no position in, but now that we are all hoping for regulations which ultimately will involve the government isn't it a big mistake? Share your thoughts ....
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crazy-pilot
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September 13, 2019, 11:27:20 AM |
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I think that any cryptocurrency associated with the government is just digital money. Cryptocurrency is more than just the ability to pay without using fiat money for me. Cryptocurrency is freedom from the control of banks and the government over my wallet.
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joseyphil82
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September 13, 2019, 11:36:00 AM |
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Belief me I actually don't want government involvement in crypto at all but there is no way governent won't interfere because of lack of regulations plaguing crypto, because of the FREEEDOM given to us by the power of blockchain many bad people are using the technology to hurt others, the solution is regulation whether you like it or not
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vycl87
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September 13, 2019, 11:39:27 AM |
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Belief me I actually don't want government involvement in crypto at all but there is no way governent won't interfere because of lack of regulations plaguing crypto, because of the FREEEDOM given to us by the power of blockchain many bad people are using the technology to hurt others, the solution is regulation whether you like it or not
I am thinking same like you. Government shouldn't involve in cryptocurrencies world. Gov's wants to control everything. It is in its nature. They have to know everything, control and regulate it. Let the people learn what is cryptocurrencies, how can we use it, is it safe or not... Then we won't need any crypto regulation already.
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JCviggen
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September 13, 2019, 11:44:27 AM |
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I think dot.com bubble is very similar to many altcoins that are currently in this market. at its core, it is one and the same and that is why we must clearly understand what projects we should invest our money
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Nany79
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September 13, 2019, 01:12:16 PM |
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I think the bitcoin will remain the king of this market beside ETH and very few altcoins, and many altcoins will become did in near future.
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Rikotin
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September 13, 2019, 01:17:20 PM |
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it is not a big mistake, because basically the price of cryptoqurrency is very volatile so that the rise and fall of coin prices on the market is reasonable. Regarding the regulation, it only depends on how the government sends a message to the public that the adoption of crypto is really needed for further crypto development. thus the market can bounce back from this difficult time.
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fenixosup
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September 13, 2019, 01:17:46 PM |
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At least dot coms have real usecase and user base. Crypto still dont have widht range of merchants and users. Specualtion is still main use case. Thats the main problem
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Pithaxz
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September 13, 2019, 01:31:26 PM |
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Belief me I actually don't want government involvement in crypto at all but there is no way governent won't interfere because of lack of regulations plaguing crypto, because of the FREEEDOM given to us by the power of blockchain many bad people are using the technology to hurt others, the solution is regulation whether you like it or not
I am thinking same like you. Government shouldn't involve in cryptocurrencies world. Gov's wants to control everything. It is in its nature. They have to know everything, control and regulate it. Let the people learn what is cryptocurrencies, how can we use it, is it safe or not... Then we won't need any crypto regulation already. I agree with you, it's about crypto not about the government. if we involve the government to adopt the crypto market it's impossible, not to mention the pros and cons of the general public who don't know anything about the crypto industry, but I believe that blockchain technology will develop much better in the future.
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X-ray
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September 13, 2019, 03:21:34 PM |
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Since the last dot.com bubble many people stop trusting the government and bitcoin was born which offers decentralization, i think this is a big difference from dot.com because if you ask me what dot com bubble was i'd say is simply a rising asset that no one have no position in, but now that we are all hoping for regulations which ultimately will involve the government isn't it a big mistake? Share your thoughts ....
Consider crypto is very familiar with its decentralized and it's a big mistake hoping for the involve of the government. Crypto is very similar like dotcom bubble. Remember about the government is a centralized entity that wanna take over anything that they are not interesting to see that. Crypto will be centralized if the government will be involved through its regulation
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Bitbtc8
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September 13, 2019, 04:05:03 PM |
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Since the last dot.com bubble many people stop trusting the government and bitcoin was born which offers decentralization, i think this is a big difference from dot.com because if you ask me what dot com bubble was i'd say is simply a rising asset that no one have no position in, but now that we are all hoping for regulations which ultimately will involve the government isn't it a big mistake? Share your thoughts ....
Consider crypto is very familiar with its decentralized and it's a big mistake hoping for the involve of the government. Crypto is very similar like dotcom bubble. Remember about the government is a centralized entity that wanna take over anything that they are not interesting to see that. Crypto will be centralized if the government will be involved through its regulation I think governments can not have full access to all available projects especially decentralized coins and privacy coins, only centralized coins or exchanges will be affected, projects like ripple was built with centralized in making so it will be very easy for government to take over such projects
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cudora
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September 13, 2019, 04:11:21 PM |
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.com bubble was much bigger than crypto and right new we hardly need regulations to make new people invest into crypto currencies. Every second new project is a scam, old crypto currencies are losing in price every day, it is not so attractive for potential investors.
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Kezacky
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September 13, 2019, 05:58:01 PM |
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regulations will not guarantee risk of loss. Therefore, the rules in the crypto market need not be enforced, because cryptoqurency itself has nothing to regulate even from then until now. crypto goes over time, I am sure the market will not die and crypto still has a chance to rise from this bad situation.
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Ayiranorea
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September 13, 2019, 06:05:40 PM |
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Since the last dot.com bubble many people stop trusting the government and bitcoin was born which offers decentralization, i think this is a big difference from dot.com because if you ask me what dot com bubble was i'd say is simply a rising asset that no one have no position in, but now that we are all hoping for regulations which ultimately will involve the government isn't it a big mistake? Share your thoughts ....
Dot com bubble hit the world during the 90's and similar to this several incidents have taken place in the past. Another one being the tulip bubble, following this people was much into controversy about bitcoin during the previous bull run stating it to be a bubble. By the same time there were people who strongly opposed it stating it as a wave of growth which might get slow down but the growth won't gets stopped. Same as that we've been getting universal support and growth continues. With Bakkt it gets elevated to next level and won't be termed bubble anymore.
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Coltpython
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September 13, 2019, 06:12:40 PM |
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The main reason people attach bubble to cryptocurrency is in its use case as they fear government will never approve it over fiat currency because it is hard to control. Also, the fact that it is unregulated means it is currently being used for illegal transactions which further proves to the doubters that crypto will end up being a bubble as government has enough reasons to ban it
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HK88
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September 13, 2019, 06:16:53 PM |
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I will take a small sample, if the government can eradicate project fraud in this market, of course I would strongly agree if you want to involve the government. but unfortunately that is not possible, so the government cannot regulate this market. and now we are seeing market correction, after the price of bitcoin has jumped in the last 2 years and now the market is the opposite. but according to the analysis of crypto 2020 is a glorious year like 2017. And hopefully that will really happen
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serjent05
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September 13, 2019, 06:26:19 PM Last edit: September 13, 2019, 06:37:51 PM by serjent05 |
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I am thinking same like you. Government shouldn't involve in cryptocurrencies world. Gov's wants to control everything. It is in its nature. They have to know everything, control and regulate it. Let the people learn what is cryptocurrencies, how can we use it, is it safe or not... Then we won't need any crypto regulation already.
Sorry but I think the other way around. Without government regulations, many people will fall on scam. I have seen those actions, scam company exploitinig cryptocurrency having no legalities to operate since their reason is that it is decentralized. I am into freedom but if it gives more negative impact than positve ones, it is better to have the goverment to step in. People are too lazy to learn and criminals exploit this, at least with the government regulation around, these criminals will have a 2nd thought in doing their crimes. I will take a small sample, if the government can eradicate project fraud in this market, of course I would strongly agree if you want to involve the government. but unfortunately that is not possible, so the government cannot regulate this market. and now we are seeing market correction, after the price of bitcoin has jumped in the last 2 years and now the market is the opposite. but according to the analysis of crypto 2020 is a glorious year like 2017. And hopefully that will really happen
Having the government to regulate things means a way for people to check in if the project is a scam or not, something like guidelines in investing into a cryptocurrency startup/project. And if ever they scammed people, with their registration, the perpetrators can be apprehended and be jailed.
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nxnqauff
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September 13, 2019, 06:53:31 PM |
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I am not sure what is called bubble in crypto. We assumed it as bubble but it is not actually considering the movement that is ongoing now and still pending in most of the altcoins.
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landoffaucets
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September 13, 2019, 07:02:11 PM |
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Bubbles are typical for economy. Economy works in cycles thanks to quantitative easing. So it is natural that every price growth is followed by price fall. If you understand cycles, you can buy low and sell high.
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Danslip
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September 13, 2019, 08:13:34 PM Last edit: September 14, 2019, 03:31:34 AM by Danslip |
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Since the last dot.com bubble many people stop trusting the government and bitcoin was born which offers decentralization, i think this is a big difference from dot.com because if you ask me what dot com bubble was i'd say is simply a rising asset that no one have no position in, but now that we are all hoping for regulations which ultimately will involve the government isn't it a big mistake? Share your thoughts ....
Cryptocurrency is independence, that is why most people use it. In any case, the government wants to dominate everything itself, it can't work here and that is the first reason people prefer to use crypto world, here is much comfortable than there. To be frank, the government use their power to remain their egotistical interests, the only the world of them. The bubble can pop if something serious news left the marks on the minds of the crypto investors. The quantum computers are the biggest threats against the reliability of the Bitcoin but the timing is unknown to the many investors. The technology never gets old, it always becomes stronger than previous versions.
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