Bubble and Crypto

[tabas]

IMHO we'll see mix opinions and thoughts about it. But crypto isn't really meant to have that but if there is no choice, who we are to stop them? Although the gov't can't stop or interfere unless they will implement a forceful law to the people who are into crypto.
For which, I doubt they will.

[bigcash2011]

Yeah government involvement has both positive and negative effects so i have neutral opinion about it and secondly i think gevernments of all major countries will soon start developing their own stable coin which will be fully regulated and taxed so the real decentralized cryptos like btc and eth will gain even more value and demand because of their truly decentralized nature and being free from control of any govt or institutions.

[tunapa]

Personally I think the crypto has a very wide advantage ! In the sense that seemingly you control your friends at will either to buy or sell . Even though crypto needs to be regulated need it to put things in order . Buy yet our freedom is at stake .

[PuertoLibre]

The dotcom bubble can't be the same as the other Ponzi scheme balloons, I don't think the crypto bubble will pop one day. The deflationary price feature of the Bitcoin is the big plus in this illustration. The trillion-dollar market cap may raise such concerns but it is too late calling the small arm of the financial market as "bubble".  The crypto traders don't go all in the single coin because of the FUD which can be the reason for sudden price dump. Crypto prices are under attack with the FUD when the market is in the bull trend mode. 

The crisis character of capitalism also combined with this fake news and the technology world will not see the financial crisis first time if ever the bubble comes to the end. The hidden hand rule is the name of the economy's central bank which determines the supply, demand depending on the market situation.

[drumamat]

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

Good answer. Indeed, a huge number of ICO and IEO who simply took the money of investors are no different from dotcoms.But if we are talking about top altcoins, then naturally this is a revolution for investors compared to dotcoms.

[Ucy]

It definitely is a big mistake. Unfortunately our kind of opinion is no longer very popular in Crypto community.
Regulation would automatically transform a cryptocurrency in fiat currency. Should we then still call such a currency a cryptocurrency?
People who don't understand what Blockchain is all about don't care too much.

[masterrex]

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 ....

I think people wants a decentralized financial system free from manipulation by the centralized entitys such Banks thats why they choose to support Bitcoin and other cryptocurrencies. im not againts in any government regulation and i think it was badly needed to be regulated in order to protect the investors hard earned money from the scammers im favor in regulation as long as it will not hurt the true purpose of the crypto-industry.

[jostorres]

It is surely a mistake to an extent but WD need it is better that we get the crypto space regulated even if it will have element of decentralization than to have scammers destroy the crypto space entirely. You look at it, it is because of lack of regulation that scammers are able to use the crypto space to dupe people and then do scot free with it without being apprehended, and then still come back again to carry out the same atrocities over and over again.

I know that government involvement would really make us to lose some level of decentralization, but I think that can still be controlled using bitcoin. We might have lots of centralized coins being introduced after regulation but bitcoin will always remain a decentralized coin.

[stadus]

We can't stop the government from regulating the crypto market, and let's admit we need it for crypto to look legit.
People judge an investment legit and good when there is a support from the government and although they will regulate crypto, I don't think they will be able to control it.
 
Yes, it's different because we own our position here, once we hold bitcoin, that's ours and we can even hide it in our wallet without giving the government a chance to freeze it. This is a decentralized asset, it's quite different from other form of investment so let's be positive with its future although government are getting involve here.

[ethereumhunter]

I think by having regulations from the government, we will see bitcoin become a legal thing in the government's side. The public will also know that the government supports bitcoin, and they will not think that bitcoin only used for the illegal thing. They will see that bitcoin offers them a new way to make money from the internet so they can try to join like the other people. That will also help bitcoin to become famous than today.

[JCviggen]

I think by having regulations from the government, we will see bitcoin become a legal thing in the government's side. The public will also know that the government supports bitcoin, and they will not think that bitcoin only used for the illegal thing. They will see that bitcoin offers them a new way to make money from the internet so they can try to join like the other people. That will also help bitcoin to become famous than today.

this will happen. every year, people will learn more about Bitcoin and more and more opportunities for its application will appear. a few more years (5-10) and we will see the massive adoption of bitcoin

[Lexurdania]

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 ....

Buble that happens to dotcom can happen to cryptocurrency if every new project appears without a clear product. In my opinion, with the existence of a pump and dump project, buble could have happened but seeing the dominance of bitcoin that is above 60%, I think the cryptocurrency market value is still within safe limits because the value of altcoins that don't have products becomes small

[novaprime]

I think by having regulations from the government, we will see bitcoin become a legal thing in the government's side. The public will also know that the government supports bitcoin, and they will not think that bitcoin only used for the illegal thing. They will see that bitcoin offers them a new way to make money from the internet so they can try to join like the other people. That will also help bitcoin to become famous than today.

I think the government is using Bitcoin to do illegal activities and we cannot know this. The market is anonymous and we don't know who transferred it, so Bitcoin is always the choice for the bad guys to do this. In the near future the Crypto market will soon legalize and that's when we will be in a lot of trouble because they will soon track down where our money comes from.

[pieppiep]

I think the regulation is good to make crypto become legal as long as the government doesn't interfere with the process of trying to control the market. With the regulation, they can know people who are using crypto from transferring the money from the exchanges to their bank account. And if somehow, that person doing illegal business, then the government can track them down or chase them.

The government can trace the money from the bank account that already sent out to another account, and if the government was suspicious with the transaction, they can ask that person and clarify about the transaction. Well, that is only what I am thinking so far because with regulation from the government, I think we will get protection from the law and we can use crypto without afraid of making an illegal thing.

[Inu.Guren]

~

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.

nothing anyone can control bitcoin and altcoin, because they are decentralized.
goverment just create regulation for this sector for using crypto in their country like in my country, not really control them as all.

[ethereumhunter]

I think by having regulations from the government, we will see bitcoin become a legal thing in the government's side. The public will also know that the government supports bitcoin, and they will not think that bitcoin only used for the illegal thing. They will see that bitcoin offers them a new way to make money from the internet so they can try to join like the other people. That will also help bitcoin to become famous than today.

this will happen. every year, people will learn more about Bitcoin and more and more opportunities for its application will appear. a few more years (5-10) and we will see the massive adoption of bitcoin

We could hope that will happen in less than 5 years from now so bitcoin can be known as a legal thing in the governments. Yes, I see that every year, the number of people who learn more about bitcoin still increase and it only needs to wait for the right time for the bitcoin to explode. And if there is nothing wrong happens, we could see that it will come in a short time.

[RealMalatesta]

Yeah government involvement has both positive and negative effects so i have neutral opinion about it and secondly i think gevernments of all major countries will soon start developing their own stable coin which will be fully regulated and taxed so the real decentralized cryptos like btc and eth will gain even more value and demand because of their truly decentralized nature and being free from control of any govt or institutions.

You have a point there, I have never seen it this way because I have been worried about the way government is planning their own cryptocurrency, they will actually create a stable coin, which indirectly mean that people can still use both government's stable coin and still use bitcoin for their anonymous transaction, and really, government coins is going to be centered ion centralization, and only bitcoin would still remain the most decentralized coin that we have in the market, and I think that this will really make bitcoin have more value.

It is even a good thing that they are creating their own coin, it will at least divert their attention from the hatred they have for bitcoin, and they would not think of coming together to declare ban on it.

[freedomgo]

Even if we don't hope for it, regulation will happen as there's no such thing as not regulated here when the market is already as big as a billion of dollars market. The government's job is to protect the investors and the users of crypto, they won't be able to carry out their function without regulating the market.

I believe it's not a mistake since the market is already slightly regulated now and we see some good progress especially on exchanges where there's less fraud now. Let's embrace this changes as we need this, let's comply to what the government requires us and then we can see a consistent growth for the crypto market.

[ivaf]

Even if we don't hope for it, regulation will happen as there's no such thing as not regulated here when the market is already as big as a billion of dollars market. The government's job is to protect the investors and the users of crypto, they won't be able to carry out their function without regulating the market.

I believe it's not a mistake since the market is already slightly regulated now and we see some good progress especially on exchanges where there's less fraud now. Let's embrace this changes as we need this, let's comply to what the government requires us and then we can see a consistent growth for the crypto market.

I am also not against legal regulation.
However, not does this contradict the basic principles of cryptocurrencies - decentralization and anonymity?
Or, probably, it will be something new, let's call it, for example, legal cryptocurrencies.

[coaprotet]

If people are speaking about regulations, they mostly think about total control over the whole crypto market. What we really need is some instance that can control the legitimacy of ICO projects that are going live to reduce the amount of scams.