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RE: Bitcoin Has Not Yet Fundamentally Recovered At This Time – A Mathematical Case
The market is volatile and there is no indication if Bitcoin will go up or down. The only thing that personally I am sure banks and governments are against.Regulations can kill the future.
It's true that regulations can several impact the growth of the technology. However, the last few comments by Chris Giancarlo of the CFTC shows that they might be approaching regulations a bit more cautiously than many anticipated. Just like the early days of the Internet when they shied away from applying regulations and even sales tax on Internet sales, refraining from impeding the technology can prove to be the best move the regulators have made so far; and that may be recognized in future.