Post
Topic
Board Bitcoin Discussion
Re: Will it be good for bitcoin if it will be regulated by the Goverment's
by
kryptqnick
on 28/09/2019, 16:08:18 UTC
Regulations will have a positive impact in the investor since they feel that they are safe
when its regulated , there will be manipulations that will happen, where in you bought bitcoin in as higher price
and see it after a few hours go down imagine what it gives to the investors heart , they will be devastated

when they have found out that they don't have the money anymore,
for example i have a friend who put all he's retirement's money on bitcoin during the all time high
believing the news that it will reach up to $50k only to find out and woke up that the market collapse
also some of my friends bought a miner then the next day they can't make any profit and the price of the miner
is so expensive, but at the end of the day everything is risky so always think and plan everything before making a
move that will change you life forever
what do you think will the regulation bring forth to us?
I marked the things I'd like to address in bold. Okay, the first fragment is something I really don't understand. You're saying that regulations make investors feel safe, but then you're saying that there will be manipulations (pump-and-dump kind of stuff). So how will these 'manipulations' make people safe, why are they going to happen and how it this different from the volatility we already have? If the idea was to say that there wouldn't be any manipulations, then it's also incorrect, because the regulations cannot make Bitcoin fiat-like anyway. As for the second and the third point, these are just unfortunate stories of people who did not do their research and risked too much. Such cases also don't have much to do with regulations.
Regulations won't stabilize the market, they will make it harder to do business with Bitcoin and might impose serious taxes, but they also can help to fight financial crimes and cybercrimes.