Looks like the European Union, with "safety" as an excuse, will try to extend control on Bitcoin within the next few weeks. Do you guys believe that this will have an effect on Bitcoin's market value?
I think that this may have a reverse effect as the one the Chinese prohibition caused. People already knows that Bitcoin can not be controlled by any government so its viability won't be questioned this time. My theory is that maybe this time prices will skyrocket instead of plummet because there could be a massive urge to buy them before controls are implemented. What do you guys think about it? I'm considering to spend ~50€ in Bitcoins for the first time and this looks like a good moment to do it.
Sources:
https://www.inverse.com/article/8384-european-union-wants-to-crack-down-on-bitcoin-after-paris-terrorist-attacks
http://siliconangle.com/blog/2015/11/19/terrorists-win-european-union-to-crack-down-on-bitcoin-post-paris-terrorist-attacks/