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Author Topic: Bubble and Crypto  (Read 345 times)
X-ray
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September 17, 2019, 10:13:11 AM
 #41

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 .
Yes it is crypto has a lot of advantages but at the same time crypto has so many disadvantage that needs to be solved. Crypto doesn't need to be regulated but it just need to get legalization. The fact that the regulation will make crypto becomes centralized. This is the big problem in the crypto and you can see how okex was following south korea regulation.
Crypto is too early to be regulated and that needs more time. Im thinking about just try to leave crypto grow with its nature.

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September 17, 2019, 10:29:11 AM
 #42

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.
It contradicts the intention of being anonymous,  though there's no way that everyone will continue using the system that have a big market value without the interfering of the government, both for right regulations or to also have a good control with how things are getting bigger with this market.

Government will ensure its position having a much higher knowledge to incorporate its ruling to prevent more people from their jurisdiction being victimized by scammers.
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September 17, 2019, 12:16:44 PM
 #43

Personally, I think that so far any cryptocurrency is tied to the dollar, since you can not live without cashing out money from the cryptocurrency with the money that you will be able to pay. So far, cryptocurrencies are still inconvenient to use in full.

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September 17, 2019, 01:23:28 PM
 #44

Input regulation and then maybe it will just become another digital currency and will not move much anymore.
I guess traders wont like that to happen and so is investors who are putting everything in crypto currency just so to see a big profit to come.

There are different views and opinions about this.
I say go for it. But not to the extent that the government will have much control.
Pick bitcoin instead to avoid it.
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September 18, 2019, 09:13:04 PM
 #45

Any market is somehow reminiscent of the bubble. In order to make the stock traders are constantly manipulated prices and drive them up. But this need not be afraid, most importantly that you were able to determine when the market is saturated and it is necessary to fix their profits. The market in the future again will start pumping.

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September 18, 2019, 10:45:25 PM
 #46

Input regulation and then maybe it will just become another digital currency and will not move much anymore.
I guess traders wont like that to happen and so is investors who are putting everything in crypto currency just so to see a big profit to come.

There are different views and opinions about this.
I say go for it. But not to the extent that the government will have much control.
Pick bitcoin instead to avoid it.
That's right, the essence of decentralized can fade. Cryptocurrency develops and functions as a niche. The legality of the government is an official acknowledgement that cryptocurrency can be used properly, however, as with many things in this world, it is always likely to be used as a tool of crime, as many fear.

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September 18, 2019, 11:29:03 PM
 #47

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 still can not use fully. But it already spread all over the world and try to involve in every part of the world. Still few government try to know about cryptocurrency and tolerate about it. Crypto needs to be legalized, so no worry anymore.

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September 19, 2019, 12:49:03 AM
 #48

We are the cause of our own problems in the crypto universe in a sense that the rate at which scam projects and hacks have been on the increase is way too much for the government to sit back without protecting its people. Regulation of crypto may send it into the hands of some centralized bodies to make crypto not attain its fully decentralized nature as we know BTC and most of the cryptos to be. If crypto was to be operating without scams ad hack attempts, I think the government wouldn't have any point to come in to save its people because some people think crypto was made on grounds to still from people who have little knowledge on crypto.

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September 21, 2019, 03:47:45 PM
 #49

We are the cause of our own problems in the crypto universe in a sense that the rate at which scam projects and hacks have been on the increase is way too much for the government to sit back without protecting its people. Regulation of crypto may send it into the hands of some centralized bodies to make crypto not attain its fully decentralized nature as we know BTC and most of the cryptos to be. If crypto was to be operating without scams ad hack attempts, I think the government wouldn't have any point to come in to save its people because some people think crypto was made on grounds to still from people who have little knowledge on crypto.
At the beginning of 2017, everyone saw how easy it was to make money in the cryptocurrency market. I think that we have not such a fatal end to date.
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September 21, 2019, 03:55:58 PM
 #50

The whole economy system works in cycles (bubbles). Now I see a bubble on stock market and on real estate market, while cryptocurrencies are at the beginning of the growth cycle.  Wink

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September 21, 2019, 05:10:02 PM
 #51

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 ....

We should never compare the dot com bubble to Cryptocurrency, the comparison is very far and vague, this is an evolving technology that are being adopted by companies and new products and services are now evolving around Cryptocurrency, Cryptocurrency is now ten years old and there are still so many things to explore here.

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