Quote from: T.Stuart on December 20, 2013, 05:50:23 PM

Quote from: human on December 20, 2013, 05:21:21 PM

We are going a long way down now. This seems to be just the start of government regulation.

Being on the speculation forum and setting aside the integral anti-government philosophy of Bitcoin for a moment just so that we can consider things with a cool head, I don't understand why some people think that government regulation will make the price go down (I assume it is the price you are talking about when you say "we are going a long way down now" and not our ethical standards!). I think it is one of the several indispensible keys to making the price go up. Have I missed something?

Depends on the regulation really.

If the legislation states;

"40 years in the work camps for any peasants caught dealing in Bitcoin"

I would suggest that government regulation would have a detrimental effect on the value of Bitcoin.

What would be your take on this?