Bitcoin Forum

The more the SEC cracks down on unregistered securities posing as ICOs ,the more the atmosphere in crypto will change .IMO , ICOs will not die but they will definitely have to take a new form and STOs will play a big role. I believe this is a gods thing for the industry.

The SEC can't do nearly as much as people think. They only have authority in the US. There is still every other country that can participate in ICOs, as has been the case for quite some time now. There's also a way that they could crack down on scam ICOs without harming others but they evidently don't wish to do so.

SEC doesn't help us. It solves the problem of clear scammers. But people can spot them by themselves.
What sec really does is building walls for startups. In IPO it was a big problem to collect money by securities issue. And small startups with great ideas were not allowed to get money from investors. ICO made this barriers disappear.
And the main task of SEC is to block such startups so the market will enter only those projects that have money on this procedure, but they are already big companies, almost always.

SEC will not help you to gain money, it is time to understand it

The SEC will admit it. But I think there is still a long time ahead of us. First of all, manipulation needs to be reduced. This is unfortunately not diminishing.

But SEC controls only the American space... Haven't you taken time to think why most ICOs don't allow Investors from the US to participate in their sales?
China too has some strict regulations against ICOs thts why their investors from China are avoided too

It's a sign of government willing to get involved in cryptocurrency and ICO,  it will hint on possible SEC approval next year. ICO from USA might see more supports  in coming years. In the long term there might be more constrain with projects from the country when government and powerful poeple et more involved.

I think the SEC will not play a big role for us, the scammers have to think about them, they fight with them, but people who invest or participate in the Bounty can determine scammers themselves, I think many already understood which projects might turn out to be scammers, and which really good ones Ico. I consider myself better than anyone in this matter!

I agree. Sec will rule them all and then we can see a few solid projects. This will decrease the ratio of scam ICOs for sure.

SEC is helping USA government not even the American investors, they freez the companies and their money no matter the USA investors. as people said SEC cannot do anything for non USA citizens neither help us.

There is limit to which SEC can do. Most times, the projects they usually have power over are those that are within or near the jurisdiction. Else, they can only watch their activities from afar without being able to do anything. Also, even if they have such power, the are some of these projects that do not reveal their identity. Therefore, investors are to learn to protect themselves.

I don't care about SEC and I don't wanna know if SEC will help me or not cause I believe that in this crypto world nobody can help you better than yourself. If you wanna keep your money safe, try to become professional trader or investor or just be a bounty hunter or freelancer in this world then everything will be fine without SEC :).

but at least the SEC can help to filter out illegal projects even though in the end they can not guarantee the profit for investors but we still have hope and can continue to wait until the project really grows and generate huge profits for investors

I agree that ICO will change theirselfs very much in the coming year. Utility tokens will not stay alive. STOs and security tokens will occupy the highest niche in the ICO market

I would rather prefer the SEC to crack down on any illegal ICO, not just in US, but think of a mechanism of ensuring it is a global thing. When you hear of cryptocurrency scam, it is mainly from illegal or unregistered ICOs.

It seems to me that they don't even try to solve any questions and just pretend. Then they postpone the decision something else. I think if they wanted to, they would have.

I hope SEC will clear this dirty ICO market because there is too much scam. ICO investors loose their money and ICO organizers must be punished by SEC.

yeah i know because news is effected to price movement of bitcoin and altcoins.
bad or good news will critical to bitcoin, i hope sec announcement will bring good news for bitcoin in dec.

They can change the course of history for the better, but it takes time because not everyone agrees with this, I think that in 5 years the situation will change dramatically for the better.

I am not convince on the Sec Approval of cryptocurrency. Even though the price could go up but the features of security will determine how much money/crypto you have so government taxes will sue you. Anyways on the other hand. Im positive about on the future growth of decentralisation.

I also believe that startups in the cryptocurrency market should undergo a more rigorous test.

What's the differences? SEC only crack down the ico that based on US.  It will change nothing consider the country it's not only US. Did you think SEC can control anything right now? you may wrong about this dude. Does if you use STO instead of ico means you will be automatically passed SEC compliance?

even so this is also bad, the SEC indirectly supports the new project to continue even though the potential for existing scams will decrease and also the decentralization view from crypto will also change, this is something that should not be changed

I think you are right, the days of collecting people's money and tag them as a contributors and not an investors and give them tokens, only for the tokens to be worth nothing and their money gone, I think the space will undergo serious reform.

Thank you for this information. I heard about SEC alot. But Im lazy to research it. Your brief helps me know more. In my opinion, SEC is not a bad thing with us, but it seems to not have a suitable solution to solve scam projects. I think it blocks rather than solving.

I agreed on that mate,SEC will only clean the messes in ICO community because this is the main reason why investors are getting afraid on investing nowadays
and also those prospective investors has been lured away because of this shit ico scammers so definitely you are right on this on,that SEC actually helping the community to grow again ,in future only legitimate projects will appear in the bounty sections

SEC influence looks to me to be limited to USA (purchase of altcoin, bitcoin and ICOs) but could affect the over all price of cryptocurrency. It was rumoured that SEC is responsible for  the crash and it has been well defended in the news. In all countries where ICOs had been so controlled, it has been to protect investors that are citizens and also to protect the good name of the country.

Yes they are trying to do something. But SEC have power only in USA. They can not make anyproject which located in Russia or China or some countries like that. Because of that too many people dont investing money in USA based icos. I dont like regulations in that space. So i dont know that is good or bad. We will see the effect of sec.

Sec can help us in terms of security but helping us to gain profit isn't their responsibilities. Well maybe they can lessen fake ICO so that investors don't get scam. Sec can protect the investors but at the end of the day, we are the one who has a choice to review and find a potential project.

Of course, opening futures is a huge event for the entire cryptocurrency market, and no doubt we will happen because of this news.

I think that utilities tokens have a future and are much more difficult to regulate than security tokens. I believe that utilities tokens will be able to achieve what was intended.

In my opinion, there are ups and downs regarding with SEC helping to crypto market. It would be advantageous for investors since, scam ICOs will be filtered out in the market making sure that our investments are safe. The disadvantage is that it would be more centralized in a way that we would be giving power to the government.

I think sec would somehow help but on the other hand, they might shutdown too much projects and ICOS that is not really doing bad business. It might affect the cryptospace market and the investors as well to be afraid to invest in much of the project.

How are they going to regulate a market in which the developers do not reveal their identities and in which the creators of most coins can create a coin from any country around the world to try to avoid any legislation by the SEC? You are giving them too much credit they are going to be unable to stop what it's happening and it will depend on us to avoid investing in such terrible projects.

Air Token, Paragon been punished for selling to US customers and pretend to be a security, that is for sure kind of fraud and false promises.
More interesting about Mega Watt, who declares bankruptcy today, how many of such we will see more.

I think so that they are changing from that scenario and SEC will really play a big role on this move.

They have to keep on cracking down those type of ICOs to secure investors and have that faith regarding crypto investments that are rotating in the web.

To think that SEC acts with your best interest in mind is an interesting thing indeed.
Tell exactly, how did Etherdelta's Zack Coburn having to pay $400K help us anyone except line Sec's pocket for work they never did in the first place.

These bureaucrats are not here to help anyone. Just to make sure that they can rip the benefits on the efforts of others. IMO

I think people are capable of making their own decisions, and I mean, if SEC really was about helping ppl,  they would not take fines, they would just shut down the criminals. They just fine ppl millions of dollars because they want in on the heist. Let's not kid ourselves.

Well if ICOs operate within securites law and can still be successful that's great for crypto. It'd be seen as a legitimate and lucrative way to raise capital.

I think the SEC will help the industry. Of course, if they really decide to give the green light to cryptocurrency and allow institutional investors to enter this sphere.

Crypto should be decentralized and I would be more than happy if the market could find self regulating solutions, but it is not happening for long.
ICO market need regulation because we have to regain the trust of the investors.
I do not expect too much from SEC, would like to see a global solution.

and the biggest problem is, there are still many lay people who think that what they are buying is useful, even though the fact is that everything they buy using FIAT is only useful if on the same platform, the adoption of crypto that they buy has not yet occupied all the expected aspects and not all platforms can fully support

we all hope for a positive decision of the commission and for the fact that it will give impetus for a new wave of cryptocurrency growth

They will put the more restriction that give a limitation to the crypto. I thought that can't be considered as a green light. If they are interesting to give a green light to the crypto and why must they create strict rules to be followed by the crypto issuer? Does it make sense for you?

you say the right thing,
it all depends on ourselves, if we want to get more then we must learn to master the market. we can't depend on sec, sec won't help much about our income.

Can't you filter projects by yourself? Many projects from 2017/18 are clear scam and only people without any sense of self-preservation invested in it. Others invested in tokens that lost 80% of value.
What about scam projects - we can see if it is clear scam, no SEC required for that. If we want more - we have authoritative persons - they are called ESCROW. They will identify if project is scam and also they will give money only for required purposes(for development and etc.).
SEC is useless in this field, we can do all things by ourselves

You don't care about them, but thay would like to take "care" of your money. All of us should take position is this question. Don't stand aside, maybe your decision will be decisive

SEC plays an important role in the cryptocurrency industry, as their decision to adopt bitcoin ETFs can influence the recovery of the market and the trend change, because many are waiting for this decision. It would be good if the SEC controlled the creation of new projects and revealed scammers, but for me personally it is a mystery what exactly they are interested in.

Well, let's not just take the big step and consider the small step one at a time. I know they can't do it all if they were doing it alone, that's why they(SEC) have to crack down those ICOs one by one. To stop them from what they are doing is not right and sooner some countries next to them will follow their lead then it will expand all over the country.

It is helpful but in different and its own way. ICOs has its own value of paying like the cryptocurrency. In such way it might undergo a process not to overtake the SEC in the community. Well we do believe that it will continous to practice the aiming goal is high so that the income will keep going.

Sec does regulate this problem but it is not entirely and they will not be able to give us big profits. Just look at the time when the ICO was devastated and the market situation was increasingly chaotic with all this, of course, we were very worried whether the program could bring a near future.

I think that would be good! There will be fewer scams. The SEC now (in early 2019) has enough problems. But in the future, if they can solve the problems, it will be a great way to earn money!

Many people want the SEC to give crypto permission and if it is approved, this gives the crypto room a wider and better space.
There are no institutions capable of accommodating crypto and future aspirations.

Since when are centralizing organ interferences beneficial to the industry? They are always the same ones who want to control everything and all this is such annoying! I think everyone should be responsible for their actions because there is no innocent cryptocurrency, I say this because even beginners should know before putting their money anywhere. Also, people can get involved with cryptography without investing a single penny! The SEC will naturally defend what is in the real world. Taxes and information on the origin of money for example. Either way, at least the scammers were discouraged for the most part.

Recently, SEC give guidance to ICOs. I think its good step from SEC to prevent many scam ICOs. If this guidance followed by ICOs developers team, i think it will create good climate in market and make investor trust on ICOs again.

ICOs prohibit US citizens from participating in their token sale program. For me, ICOs or STOs can become a failed project, if the investors do not think carefully before investing and just follow the invite that the project will be successful and bring big profits

What about hundreds of scam development teams kf new crypto projects,they will also help them to build trust on SEC by following the guidelines,I don't think so and even SEC just ignoring the request for too long.

the ico will not disappear despite the insistence of the sec but obviously they will have to share the market with the new sto

This is a good thing to help reduce the number of scammy ICOs. However, this only applies to american products and not the ones coming out of the eastern block or asia. The SEC will help to protect american investors and bring confidence into the market

They are really doing their best to sanitize the crypto market and I am sure that if they have their way, they would totally regulate the crypto market but the decentralized nature of cryptocurecncies makes it difficult

I don't think STO will last long and ICO will be victorious again, many of us don't like KYC and that makes STO not much interested in people and there are also some STO rules that must be followed which make many people dislike STO.

I also think it is a positive dynamics, I think that it will help investors are less afraid of scam in the future.

ICO/STO form of crowdfunding is totally different from any other model. It brings so many new features and opportunities, so if we can prevent scam attempts it could become a very powerful and major way to make a new startup in future.

They are helping us but it get them hard to find and prove the existence of bitcoin and make this thing legal. But I do believe that it soon to be fulfilled and makes a huge contribution to the market and even helping it to be stabilize and less volatile. Price fluctuations will still remain at ease as we are still depending on the market supply and demand.

Yes, regulations are important. Before, I used to think it's not healthy for crypto space but some heartless fellows just put up ICO to scam the masses going free without any charges. That's so annoying, hence I think SEC and other regulatory bodies are helping a great deal.

The SEC can really extend its operations to cover every aspect of cryptocurrency and maybe serve as the de facto regulator for the crypto industry in general.

Sec is really working out majors to bring to bear the security of both the investors and the whole community,  with the sec involvement in new projects there is a limit to the number of scams in the ICO market which have burst the confidence in the ICO market again.

There are hundreds of countries outside US. China, Japan, Russia, KSA, Korea, Indonesia, EU, all of them are Crypto friendly or atleast are adopting crypto. Even some US states have welcomed crypto recently. I think SEC is a major catalyst in crypto market, thats it. Blockchain is quite smart digital payment system. It is funny that people think crypto is risky. While billions of dollars are being invested in lotto lottery. Wake up SEC

Having STO to come up to the market will change the way how an ICO have not done and that is security. Hopefully SEC will find ways to prevent those fake ICO which leverage on people's investments.

SEC is not really getting involve in ICO,i guess SEC regulations is for STO,I wish we can have a body regulating ICO to help reduce fraud activities.

Sorry, but it seems to me that everything is not as usual as we are told. The fact is that these guys are creating serious problems for ordinary people. Yes, in this way they try to stop cash withdrawals, but they are not.