Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: emma.lee1890 on December 01, 2018, 09:23:43 AM
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Hi,
I don't think this will lead to the death of crypto-currencies... but indeed it is worrying.
It is also quite logical because many governments are aware that bitcoin (and other crypto) can be a threat to the centralized control banks currently have. Here, the list you are giving simply shows that now they are aware they must act. Internet and technical tools are evolving faster than most regulations. So they are lagging behind, they understand it may be a problem, so they try to react. Eventually, if transactions from fiat currency to bitcoin (and other crypto) are simply banned... Well indeed, it will become quite hard to use it. However, quite luckily this will take time. So it is up to us to anticipate this and react consequently! A gloomy day with crypto market, red overflowing bulletin board.
I think this is a difficult time for investors because the law is changing day by day. But for those who want to hoard this is a good opportunity to buy
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I don't think it's possible for bitcoin to die because of global regulation, because people need cryptocurrency to conduct peer to peer transactions, bitcoin is the future currency that can't just disappear, many people need digital currencies, and bitcoin is the first digital eye there in this world
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I don't think that regulations will kill btc instead it will make even more stable, reliable and stronger as well. I think we all are awaiting for suitable regulations to see the btc boom and become even price wise stable so that the regulations also fall in place with btc and may be accepted as payment option globally. That's what should be the motto, still it would take time for all these things to happen as governments are different and as well minds are.
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Hi,
I don't think this will lead to the death of crypto-currencies... but indeed it is worrying.
It is also quite logical because many governments are aware that bitcoin (and other crypto) can be a threat to the centralized control banks currently have. Here, the list you are giving simply shows that now they are aware they must act. Internet and technical tools are evolving faster than most regulations. So they are lagging behind, they understand it may be a problem, so they try to react. Eventually, if transactions from fiat currency to bitcoin (and other crypto) are simply banned... Well indeed, it will become quite hard to use it. However, quite luckily this will take time. So it is up to us to anticipate this and react consequently! A gloomy day with crypto market, red overflowing bulletin board.
I think this is a difficult time for investors because the law is changing day by day. But for those who want to hoard this is a good opportunity to buy
Hello
I don’t think that everything is as sad as you write. After all, more and more people began to play in the cryptocurrency market and more and more large players - corporations that are interested in new technologies allowing them to stay in the background rising new generations that will rotate more in this area and develop it by stimulating their contributions. I think everything will be fine
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I also don't think that bitcoin will die because of regulation, you're right as good as any regulation for prohibition of using bitcoin though, user will still be able to use and transact using bitcoin, but the problem may be when you will convert to fiat, the effect of regulation is very big, but will not make bitcoin die.
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Bitcoin will not die because of regulations. Regulation is good in a place that there is not policing. Scamming will reduce to an extent. Regulations will be a good thing in the crypto space.