Quote from: coins4meh on June 05, 2017, 04:31:18 PM

Sandeep Goenka, cofounder and chief operating officer at Zebpay said:
The increasing awareness of bitcoins worldwide, particularly about its revolutionary technology, has triggered a rally in the bitcoin market...Japan has now added itself to the list of countries that have regulations for bitcoins. Due to these positive factors, bitcoin prices have been showing tremendous strength.
Grin

Meaning further rise!

More regulation does not mean that bitcoin is going to benefit from it.

I believe that bitcoin works best when it is allowed to be completely self-sufficient. Meaning that countries do not intervene with any aspect of bitcoin. Right now a lot of countries have regulations for exchanges, but p2p trading is still available without regulation. I wouldn't be surprised if countries start outlawing the trading of bitcoin, even p2p.

Quote from: AGD on June 06, 2017, 11:20:04 AM

Quote from: iamTom123 on June 06, 2017, 09:39:28 AM

Quote from: AGD on June 06, 2017, 06:45:05 AM

There is no Bitcoin regulation as long as you keep using Bitcoin for your transactions. The regulation can only refer to the exchange of Bitcoin into FIAT.

Yes, of course. We all know this when we talk about regulation. In USA, the government will not tax you if you are just holding on to your Bitcoin but once you sell them to the dollar then you have to pay some taxes because in all probability you gain something as profits.

The government is well aware that they could not really shutdown the operation of Bitcoin so why waste time why not instead put some regulations on the transactions? This can be a win-win situation actually.

Thats what I said (see bolded part)

edit: What I mean is, that there is no such thing as a "Bitcoin Regulation", but only a "FIAT Regulation". If governments would try to regulate Bitcoin transactions and/or put a tax on it, they will certainly fail.

It is impossible to do that, however they can probably do some other things like tracking movement of coins. Will not be 100% effective but will make bitcoiners life difficult.