Re: Will bitcoin Die because of global Regulations?

Quote from: ronypro on January 16, 2018, 03:09:52 PM

Frist China want to ban all the foreign exchanges in their country.
https://www.ccn.com/china-looks-ban-centralized-cryptocurrency-trading-reports/

then France Creates Working Group for Cryptocurrency Regulation
https://cointelegraph.com/news/just-one-person-found-to-have-caused-bitcoins-jump-from-150-to-1000-in-2013

then German Central Bank Director: Crypto Regulations Must Be International
https://cointelegraph.com/news/german-central-bank-director-crypto-regulations-must-be-international

Also India already setup a board for crypto regulation.

What is happening all over the world?Something whats soul purpose is to be decentralized will eventually be centralized?

How much do you think a global regulation on crypto will affect the overall market in this year?

I do not think bitcoin will die and the world has no rules at all, you can see that the market is fluctuating constantly and it is hard to predict, the bitcoin price may decrease. I am sure that bitcoin can not lost . You can see the benefits and great impact of bitcoin to the crypto market and the world, so I believe bitcoin prices will be able to rebound strongly in the coming years.