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Author Topic: Can Bitcoin ever be regulated?  (Read 2311 times)

Offline Domithra

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Can Bitcoin ever be regulated?
« on: June 11, 2018, 06:09:19 AM »
No one could predict this much solid some few years back but now, it's happening. Bitcoin is experiencing some regulations like the KYC and AML in most countries and on some exchange platforms. Who can tell what the next regulation will be? Well, we're all keeping fingers across with the hope of seeing much light at the end of the tunnel where governments and big companies like Amazon will adopt Bitcoin and the Blockchain and utilize it in their operations to shoot the prestige and value of the cryptocurrency market.
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Can Bitcoin ever be regulated?
« on: June 11, 2018, 06:09:19 AM »

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Re: Can Bitcoin ever be regulated?
« Reply #1 on: June 11, 2018, 10:13:34 AM »
With KYC and others, I think there is more to come. People want to regulate bitcoins in order to ensure transparency. So we should expect something else regarding regulations.

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Re: Can Bitcoin ever be regulated?
« Reply #2 on: June 12, 2018, 02:03:46 PM »
Maybe if bitcoin will be regulated by the government, the value of bitcoin will decrease after they make some regulation on it, because i think that bitcoin is awesome when it will be used freely. Furthermore if the government make their hands on bitcoin, i think it's one of the worst move to bitcoin, because it will make some rules and it maybe effect bitcoin negatively.
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Re: Can Bitcoin ever be regulated?
« Reply #3 on: June 12, 2018, 06:25:34 PM »
this is one problem bitcoin will have, if they keep regulating bitcoin, the value and level of utility will decrease immensely.
maybe that is why we are having a dive now. But things can change for go you never can tell.   

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Re: Can Bitcoin ever be regulated?
« Reply #4 on: June 12, 2018, 11:33:19 PM »
No one could predict this much solid some few years back but now, it's happening. Bitcoin is experiencing some regulations like the KYC and AML in most countries and on some exchange platforms. Who can tell what the next regulation will be? Well, we're all keeping fingers across with the hope of seeing much light at the end of the tunnel where governments and big companies like Amazon will adopt Bitcoin and the Blockchain and utilize it in their operations to shoot the prestige and value of the cryptocurrency market.
Yes oh the future of bitcoin is unpredictable but I think bitcoin will be accepted by mmany countries in the nearest future

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Re: Can Bitcoin ever be regulated?
« Reply #5 on: June 13, 2018, 08:10:57 AM »
Back then no one sees the future of kyc and aml because before crypto house was not over loaded of campaigns and scammers not like now that scammers everywhere and campaigns enter crypto. What is clear to me now is no one can tell what the next big things of crypto change.

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Re: Can Bitcoin ever be regulated?
« Reply #6 on: June 13, 2018, 08:56:35 AM »
BTC has no future in mainstream. Crypto market needs alt coins with rock stable rate of exchange independent from BitCoin. That's because investors are worried to put their money in something very volatile like today's cryptocurrencies. Solution may be Nebula Network - it's decentralized storage cloud with emission mechanism tied to the supply. Thanks to solid backing it's rock stable.

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Re: Can Bitcoin ever be regulated?
« Reply #6 on: June 13, 2018, 08:56:35 AM »


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Re: Can Bitcoin ever be regulated?
« Reply #7 on: June 13, 2018, 01:07:14 PM »
If we refer to the wholeness of bitcoin core development system, I think it won't be regulated. The decentralized designed image of bitcoin won't be change. Bitcoin is not against government neither with the government for it have own governance that manipulate entirely the system.
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Re: Can Bitcoin ever be regulated?
« Reply #8 on: July 08, 2018, 09:34:07 AM »
No one could predict this much solid some few years back but now, it's happening. Bitcoin is experiencing some regulations like the KYC and AML in most countries and on some exchange platforms. Who can tell what the next regulation will be? Well, we're all keeping fingers across with the hope of seeing much light at the end of the tunnel where governments and big companies like Amazon will adopt Bitcoin and the Blockchain and utilize it in their operations to shoot the prestige and value of the cryptocurrency market.
Regulation as government policy in relation to bitcoin market  price always affect the price negatively pushing the price down.The governments are against bitcoin because of its decentralized nature.The government fears that bitcoin will help people to evade tax which is the oil that governments runs on.

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Re: Can Bitcoin ever be regulated?
« Reply #9 on: July 08, 2018, 06:04:24 PM »
No one could predict this much solid some few years back but now, it's happening. Bitcoin is experiencing some regulations like the KYC and AML in most countries and on some exchange platforms. Who can tell what the next regulation will be? Well, we're all keeping fingers across with the hope of seeing much light at the end of the tunnel where governments and big companies like Amazon will adopt Bitcoin and the Blockchain and utilize it in their operations to shoot the prestige and value of the cryptocurrency market.

I am not sure Bitcoin can be regulated. because It is blockchain technology, bitcoin is pseudo anonymous.

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Re: Can Bitcoin ever be regulated?
« Reply #10 on: July 08, 2018, 06:29:16 PM »
Although there is possibility for that because of the popularity of bitcoin but since we have different system of government this can be the big barrier for bitcoin but seeing that the world will use crypto worldwide is possible.

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Re: Can Bitcoin ever be regulated?
« Reply #11 on: July 08, 2018, 07:08:47 PM »
if in my opinion it is impossible to set the bitcoin. now the price of bitcoin when will rise and when will go down we can not predict gan let alone set bitcoin world .

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Re: Can Bitcoin ever be regulated?
« Reply #12 on: July 08, 2018, 09:48:05 PM »
I think it would be almost impossible at this point, although privacy coins you may could starve the market with not allowing them on centralized exchanges to making them way less appealing because of price.  Bitcoin has already been said to not be a security, which was really the only option they had.. there's also too much iinterest in this space now for just simply regulate it away.. watch privacy coins though, thats the one area of this space where more regulation could make a drastic difference in price or use case.

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Re: Can Bitcoin ever be regulated?
« Reply #13 on: July 09, 2018, 07:30:46 AM »
Yeah I don't think it's really possible to regulate it unfortunately.  That's the double edged sword of bitcoin, it may always be like trading in the wild wild west.  Maybe some exchanges can agree to disallow some sort of price manipulation tactics but I think eventually as more money enters the market that problem will solve itself.
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Re: Can Bitcoin ever be regulated?
« Reply #14 on: July 09, 2018, 08:39:32 AM »
if I set the bitcoin I think it's not possible. because nobody can set the bitcoin because the price is pegged to the buyer and the one who sells.
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