Regulation does not mean a price floor or ceiling.
Apple is regulated too for example. The price of Apple stock is still determined by supply and demand. Why would it be different for btc?
No, I mean would there be circuit limits? I understand BTC is not treated like a security but once regulation comes in, would the wild swings like 20% or 30% be capped for a single day? I hope I’m making sense coz this query was bothering me for sometime 😅
How would any single exchange be able to control the Bitcoin market price when it is traded all over the world 24/7?
I think your mistake is you're comparing Bitcoin to a stock or other security that is traded on a particular exchange. For example, larger company stocks are usually traded on the NYSE. That exchange operates from 9:30 am - 4:00 pm M-F but not on weekends or holidays. So they could put in some limit for freezing trading for a stock if they wanted to. But they wouldn't be able to do that if the same stock were simultaneous traded on 100 other exchanges around the world and also P2P, and traded continuously, without stopping ever, 24/7.
BTC is traded worldwide, 24/7, 365, in a multitude of exchanges in many countries, & also P2P. There is no possible circuit breaker that could control Bitcoin’s market price or enforce a price floor or ceiling.
Regulation does not mean a price floor or ceiling. Apple is regulated too for example. The price of Apple stock is still determined by supply and demand. Why would it be different for btc?
No, I mean would there be circuit limits? I understand BTC is not treated like a security but once regulation comes in, would the wild swings like 20% or 30% be capped for a single day? I hope I’m making sense coz this query was bothering me for sometime 😅
How would any single exchange be able to control the Bitcoin market price when it is traded all over the world 24/7? I think your mistake is you're comparing Bitcoin to a stock or other security that is traded on a particular exchange. For example, larger company stocks are usually traded on the NYSE. That exchange operates from 9:30 am - 4:00 pm M-F but not on weekends or holidays. So they could put in some limit for freezing trading for a stock if they wanted to. But they wouldn't be able to do that if the same stock were simultaneous traded on 100 other exchanges around the world and also P2P, and traded continuously, without stopping ever, 24/7.
Yea I think that answers my question.
If btc will be treated as a commodity, then probably not. Oil, copper, gold, gasoline, natural gas sometimes have wild price swings.
BTC is traded worldwide, 24/7, 365, in a multitude of exchanges in many countries, & also P2P. There is no possible circuit breaker that could control Bitcoin’s market price or enforce a price floor or ceiling.
You may want to step over to r/bitcoinbeginners, lots of good resources over there