There is no stopping the blockchain and Crypto. China can't stop it with its bans every couple of months. Sure governments will try to regulate it but there won't be the huge pull back like you're saying. SUre some coins will drop, mostly because they are garbage and don't do anything, but the coins that do, they will shoot the moon.
RE: Bitcoin price drops - all cryptocurrencies drop - prepare for upcoming bear market
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Bitcoin price drops - all cryptocurrencies drop - prepare for upcoming bear market
If governments regulate exchanges and pass laws that people get taxed for transactions, will cause the price to drop and not shoot to the moon
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A government cannot tax and regulate a foreign exchange, a few countries will regulate exchanges in their countries, maybe. But then the exchanges will just change their address to a nation that doesn't, problem solved
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If you decide to sell some bitcoin through an exchange, that money will end up in your bankaccount. This transaction can surely be taxed if government passes a law that obligates the exchange to tax the transaction. Or if governments taxes the income (selling of bitcoin) coming from exchanges directly through your bank account. Perhaps a solution could be to de-centralize exchanges so that no nation's law is applicable.
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