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Author Topic: Power to the people  (Read 482 times)
isaac_clarke22
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June 10, 2022, 09:57:02 PM
 #21

When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.
BTC can't be regulated for its design, and not because Satoshi is still not known as of this day.
Some government just wants to milk out the investments of some people that is why they do not want them to invest in "unregulated projects". Good thing that Bitcoin is not really banned worldwide, maybe to some other countries but not all.
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June 10, 2022, 09:58:57 PM
 #22

You can't blame governments for being wary of unregulated cryptocurrency projects, because they only want to protect citizens by warning them. Most people don't understand cryptocurrencies well enough, so they're not always aware of the risks they take. There's nothing wrong with governments being cautious
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June 10, 2022, 10:19:58 PM
 #23

When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.
You can have two options to chose, it's either you chose yourself or you follow what the government says. The crypto market has always been like this, and that the government has always been consistent on their judgement too. To be more safe, just invest in bitcoin. Its never regulated and that you can manipulate the outcome of your investments. And you have known already how successful it is despite of the government's contradictions.

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June 11, 2022, 10:35:18 AM
 #24

You can't blame governments for being wary of unregulated cryptocurrency projects, because they only want to protect citizens by warning them. Most people don't understand cryptocurrencies well enough, so they're not always aware of the risks they take. There's nothing wrong with governments being cautious
Correctly said, most of the people are at fault for investing in shitcoins and hype based schemes. I see not difference in the generations that came and went, all of them have the inherent risk taking notion and they all have to go in for such quick-rich schemes.

Governments have to make its people aware, so they are trying to do that through regulation in the future but even then if you dont get the wind of why the government is doing this and take it all to be a conspiracy scheme to make you poor then you are one being a brain-dead fool here.

Governments never stopped people from investing in bitcoin so do invest in it and stop investing in every memeshits out there. With the last few years charts it is very well evident that bitcoin will always be big and profitable.

R


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Rigon
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June 11, 2022, 10:47:08 AM
 #25

We should all invest in projects that are in complete control of the market. There are many unregulated coins that are not market limited We will never invest in those projects again. Everyone should have the ability to understand such projects Those of us who invest and eat losses all of us invest in buying uncontrolled coins which is why we eat big losses.So I will tell everyone that all of us who are there will control all the coins that are controlled by the market.
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June 11, 2022, 06:47:50 PM
 #26

We should all invest in projects that are in complete control of the market. There are many unregulated coins that are not market limited We will never invest in those projects again. Everyone should have the ability to understand such projects Those of us who invest and eat losses all of us invest in buying uncontrolled coins which is why we eat big losses.So I will tell everyone that all of us who are there will control all the coins that are controlled by the market.
Not all coins are altcoins, some are just scammed token in the market. One should only go for coins that are already listed on exchanges like Binance, Kucoin and By it, although there are several tokens that are on other exchanges. I prefer bagging coins that I'm familiar with and their road map is stated out publicly. Those who invest in coins that are not listed on top exchanges end up losing their funds because sometimes these projects failed in the nearest future.

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June 12, 2022, 06:51:46 AM
 #27

We should all invest in projects that are in complete control of the market.
What are you trying to imply? A single project cannot control the market other than bitcoin. That effectively rules out any altcoin.

Quote
There are many unregulated coins that are not market limited We will never invest in those projects again. Everyone should have the ability to understand such projects Those of us who invest and eat losses all of us invest in buying uncontrolled coins which is why we eat big losses.So I will tell everyone that all of us who are there will control all the coins that are controlled by the market.
All the coins out there are non-regulated and none are going to control the market on their own. All the altcoins that you wish to invest in will turn out scam one day, so that way you statement is justified that you should not invest in either of these altcoins.

But it is tough for a newbie and even veterans to understand the backing of a project. From the frontside, it all looks good but a critical economic thought process if necessary to justify investment - which is lacking in most of the users of this forum. If you dont want to go crazy over the outcomes, better to just invest in bitcoin when it drops.

R


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Jawhead999
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June 12, 2022, 07:35:58 AM
 #28

Not all coins are altcoins, some are just scammed token in the market. One should only go for coins that are already listed on exchanges like Binance, Kucoin
There are many coins who have been listed on top exchanges and turn become scam coin e.g. DEFI, NFT, LUNA, UST etc and those token got unlisted by top exchanges. There's no guarantee all altcoins are safe if they have been listed on top exchanges.

You can't blame governments for being wary of unregulated cryptocurrency projects, because they only want to protect citizens by warning them. Most people don't understand cryptocurrencies well enough, so they're not always aware of the risks they take. There's nothing wrong with governments being cautious
Bitcoin already proving as the most successful unregulated cryptocurrency and without a clear team behind the project. Most cryptocurrency created are centralized, that's why most of them failed since doesn't have any use case except cheap fees.

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June 12, 2022, 08:13:02 AM
 #29

I still appreciate Satoshi for remaining anonymous if not Government would have done their worst by enforcing to regulates Bitcoin. If looking for a project it's better you stay cling to Bitcoin before any other crypto asset out there as i know it won't be affected nor being regulated unlike on the cryptocurrencies which Government is try to have access by controlling them.
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June 12, 2022, 03:20:39 PM
 #30

I still appreciate Satoshi for remaining anonymous if not Government would have done their worst by enforcing to regulates Bitcoin.~
Even if Satoshi are still actively developing or known to the public, it doesn't mean that any authority could enforce whatever they want on the Bitcoin. Well, of course, they can force directly on the person or entity and the developers, but in the end, it's up to us--the community, especially those who are running Bitcoin nodes. For example, just because governments want to enforce POS on Bitcoin, and if they are forking the bitcoin codebase to do so, the government cannot force each individual to run that specific software.
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June 12, 2022, 04:12:13 PM
 #31

Not all coins are altcoins, some are just scammed token in the market. One should only go for coins that are already listed on exchanges like Binance, Kucoin
There are many coins who have been listed on top exchanges and turn become scam coin e.g. DEFI, NFT, LUNA, UST etc and those token got unlisted by top exchanges. There's no guarantee all altcoins are safe if they have been listed on top exchanges.





Nothing is completely safe in the crypto market including bitcoin, investing in altcoins listed on top exchanges helps us to minimize risk as much as possible. Not all projects are listed on famous exchanges like binance, all have been carefully screened and selected. So buying coins on these exchanges will help us get rid of some shitcoins. Crypto is very risky, so when accepting investments, you also have to accept the risk.

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June 12, 2022, 04:59:34 PM
 #32

When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.

Bitcoin is one of the projects that was developed and succeeded without being regulated by anyone. We can say that the first digital currency trial was Bitcoin, and the test was successful. Then another crypto is developed, say Ethereum. All of these developers are well known even though the concept is decentralized. However, the Bitcoin concept is more adopted without promotion from the developer. If the government regulates new projects, of course the concept is centralized, then it is likely that the project will have problems at any time.

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June 12, 2022, 05:13:54 PM
 #33

When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.
regulation is not to regulate price volatility, but rather to regulate the existing rules,
because the crime rate in the crypto world is much higher than what you know,
such as money laundering, terrorism, etc., so that's the importance of regulation

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June 12, 2022, 06:04:28 PM
 #34

When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.
what makes a lot of altcoins weak? that's because the owner is known so intervention from the government can easily affect the token/coin. for example, if strict rules are applied to binance and ethereum then I guarantee the price of both will drop but bitcoin is different, the government can't interfere with that. decentralization is amazing.

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June 12, 2022, 06:13:19 PM
 #35

When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.
Who cares about regulations or government prohibitions to comply with these rules? We have the right to freedom in determining economic development. Even though it's under government regulation, the fact is Bitcoin can't be turned down just because it's banned. Bitcoin is not dictated to comply with government regulations, but Bitcoin can adjust when governments give a share of a country's financial changes if they wish.

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June 12, 2022, 06:19:19 PM
 #36

When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant is found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.

Bitcoin is one of the projects that was developed and succeeded without being regulated by anyone. We can say that the first digital currency trial was Bitcoin, and the test was successful. Then another crypto is developed, say Ethereum. All of these developers are well known even though the concept is decentralized. However, the Bitcoin concept is more adopted without promotion from the developer. If the government regulates new projects, of course, the concept is centralized, then it is likely that the project will have problems at any time.

Bitcoin and Ethereum have reached lots of achievements through the years without the help of the government so we don't need them to regulate good coins because that will only hinder our freedom. We'll only lose the sense of decentralization if that happens. As long as we're holding or investing with coins with great developers, we shouldn't feel bothered. If the government will regulate crypto, it will only cause conflict for lots of investors.
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June 12, 2022, 07:29:52 PM
 #37

That's why I prefer the power given by Bitcoin because everything runs from a large community and market capitalists in Bitcoin continue to grow and investment in Bitcoin is still quite safe even without current strict regulations, but regulation of crypto is also very important because with the existence of With these regulations, we can invest in altcoin projects comfortably because the project is already regulated by regulations but until now the development of regulations has not been made by the SEC so that market conditions are still sluggish because they are still waiting for a decision to be given.

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June 13, 2022, 05:56:36 AM
 #38

When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.
that's true and definitely on every exchange it is also written "all risks are borne by you" which means if we have entered the crypto world and then decided to put funds there be it for long-term investment or trading, all risk of loss or developer suddenly disappears 9 (not found) then we bear the risk ourselves, the government does not have any authority for that.

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June 14, 2022, 06:13:11 AM
 #39

That's why I prefer the power given by Bitcoin because everything runs from a large community and market capitalists in Bitcoin continue to grow and investment in Bitcoin is still quite safe even without current strict regulations, but regulation of crypto is also very important because with the existence of With these regulations, we can invest in altcoin projects comfortably because the project is already regulated by regulations but until now the development of regulations has not been made by the SEC so that market conditions are still sluggish because they are still waiting for a decision to be given.
To make regulations, there are many things that need to be considered, it will be increasingly difficult for large investors to grow investments here, because if these regulations are implemented, then financial freedom will be severely restricted, bitcoin experienced many problems at the beginning, but in the end bitcoin was able to reached the highest price compared to other coins, maybe if the regulation started a long time ago, then bitcoin is not as valuable as it is now, what are the advantages and disadvantages if the regulation is implemented

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June 14, 2022, 06:20:12 PM
 #40

When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.

Bitcoin itself is Decentralized but already find a way on regulating by targeting the exchange which the user use to trader there Bitcoin. Bitcoin is regulated technically in the US and other country that already have a law about regulating it. SEC will never control scam and other shady activity in Bitcoin since no one can predict on when it can happened. The only thing SEC can do is to sue them right after they commit the crime so we are still responsible for our own safety.
Bitcoin is decentralized as a away to avoid points of failure, as there were attempts in the past to create an independent currency from fiat and the governments eventually killed them and send the creators to jail, as such it is natural that governments concentrate on centralized exchanges as they are a huge point of failure for bitcoin, however now we have decentralized exchanges and even if they were to fail we have peer to peer trading, which is more than enough for those that want to buy small amounts of bitcoin.
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