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Author Topic: Is ICO regulation good or bad?  (Read 30864 times)
llyfee4u
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September 19, 2017, 05:23:29 PM
 #21

Catch22 this one i think.  Its kind of good and bad really.  I don't think its necessarily a bad thing particularly in response to the small percentage of Scam type of ICO's out there.  Regulation may well just make some devs to think twice or think again before embarking on ICO's aimed solely at lining their personal pockets.  I highly doubt that any state/government would ever be able to actually regulate Crypto currencies adequately. Where i think it might become bad is if or when we lose control of when (in terms of time) to trade cyrpto for fiat. 
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September 19, 2017, 05:28:24 PM
 #22

I think it would be good because there is a lot of scam and let people think bad about the technology. In my opinion every second ICO is bullshit and responsible for a future bubble.

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September 19, 2017, 05:31:37 PM
 #23

ICO regulation is very much needed. This will not only help in safeguarding investors from possible scams but can also give legit ICO a better platform by eliminating scam ICOs from the competetion. Hundreds of ICOs are coming every month and it becomes hard for ICO to marketise themselves well. With less competition, with a trustworthy reputation of being legit, ICOs can attract more investors.

 
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September 19, 2017, 05:32:09 PM
 #24

More and more countries are planning to regulate ICOs. China, Canada, Russia,... I think this in an development nobody can stop. Do you think it is good or bad that ICOs will be more regulated in the near future? What positive and negative influences will it probably have?

I think there will be more investors like professional managed funds or even retirement funds which will invest into ICOs. The prices for ICOs will then become even more expensive and make it more difficult to make profits for small investors.
For me it's good because regulating ICO's can protect people from scam. I think if all the governments will have to implement such regulations to ICO's we would expect a decrease in projects with coin offering because of taxes and any additional restrictions. For me it is okay to have fewer but legit ICO's than having thousands of too good to be true coin offerings which scammers usually created. They can only regulate exchanges and ICO's but not the the whole crypto world unless all of them prohibit the use of internet. I am not a trader but just my expectations or thoughts on regulating ICO's.
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September 19, 2017, 05:40:05 PM
 #25

I think regulating ICOs is a good decision for china, if not we will see more and more scams
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September 19, 2017, 06:03:47 PM
 #26

I think banning ICO's is bad, but regulations could be a way forward. It would all depend on what the regulations are and how strict they become.

Regulations shouldn't be feared by any good ICO that has actual value. Currently it is too easy for anyone to launch a ICO and potentially make a lot of cash.
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September 19, 2017, 06:34:01 PM
Last edit: September 19, 2017, 06:44:16 PM by CryptoBuds
 #27

The consequences of ICO regulation should bring new big money due to higher confidence and the lack of scam projects. I believe it will be useful in middle term.
But at the long term they would be harmful for ICO at all...

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September 19, 2017, 06:41:01 PM
 #28

As being written above, I also think that regulation will help against scammers and they will have to be responsible for the money the get.
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September 19, 2017, 06:43:14 PM
 #29

I think that  in regulation there are both its advantages and its disadvantages.

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September 25, 2017, 10:43:17 AM
 #30

In the business sector without regulations it is very important that business entities are transparent and that they self - regulate. ICOs with a clear path and intentions should set standard for other ICOs.
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September 25, 2017, 10:48:28 AM
 #31

It's not that bad as it means that your country authorizes ICOs and they are recognizing it.

But it will be no longer decentralized if they are going to regulate ICO's, just like what China is doing now they are just waiting for the regulatory laws before lifting the ban.

Licensing isn't bad for the ICOs that will display their project.

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September 25, 2017, 10:56:32 AM
 #32

maybe its good for future, but its bad now, because many people including me cant participate in ico now, and receive many refunds from the team funder, i missed many good peojects due to regulation

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September 25, 2017, 11:06:41 AM
 #33

I think that any regulation at crypto is naturally first of all. This industry attracts too much money. Moreover it becomes a real threat for governments. It's not so pleasurably now, but it should benefit in the form of a huge amount of legit business money in future.

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September 25, 2017, 11:22:44 AM
 #34

More and more countries are planning to regulate ICOs. China, Canada, Russia,... I think this in an development nobody can stop. Do you think it is good or bad that ICOs will be more regulated in the near future? What positive and negative influences will it probably have?

I think there will be more investors like professional managed funds or even retirement funds which will invest into ICOs. The prices for ICOs will then become even more expensive and make it more difficult to make profits for small investors.
I dont think it will be that bad because besides getting more investors which are professionals, it will have a healthier environment now that it has been regulated and there will be lesser scams because of it. The bad side besides ICO tokens getting more expensive, for sure it will get more regulated and it might not be as profitable as it is now anymore. Also, it will be more difficult to invest into because even investors will be regulated.
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September 25, 2017, 11:34:06 AM
 #35

If it is properly done, regulation of ICOs should be encouraged. It's a right step to be taken when we factor in the amount of money circulating around these ICOs. If we look at it very well, the step should curb the excesses of devs and safeguard investors against scam. The only nag though may be that regulation kills the idea of decentralization which many coins are built around.

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September 25, 2017, 11:38:10 AM
 #36

From a nation's perspective, ICOs must be regulated or else it would lead to endless funds going out of the country without any accounting and this could be leveled as tax evasion. Having a check on the investors who participate in ICOs or even plain banning them is a country's dire efforts to make its citizens  aware that their money is not safe, how much ever promising the ICO is looking. With that being said, there are still ways to go around these regulations and get some tokens but it comes with great risk which isn't really worth taking for an investor.

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September 27, 2017, 10:52:47 AM
 #37

If it is properly done, regulation of ICOs should be encouraged. It's a right step to be taken when we factor in the amount of money circulating around these ICOs. If we look at it very well, the step should curb the excesses of devs and safeguard investors against scam. The only nag though may be that regulation kills the idea of decentralization which many coins are built around.

I totally agree - regulation is needed, but it can kill the idea of decentralization. But if the scams would be called out by the distinguished people and the press in crypto industry, even now the ICO market would not resemble the Wild West.
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September 27, 2017, 11:59:08 AM
 #38

I think it will definitely be bad for ico founders and the participants ..
Because with the new regulations there will be more costs to be incurred.
But the problem is not good or bad. Sooner or later there will be rules enforced for ico because the turnover of money in this ico world is very high.
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September 27, 2017, 12:06:51 PM
 #39

I think it will definitely be bad for ico founders and the participants ..
Because with the new regulations there will be more costs to be incurred.
But the problem is not good or bad. Sooner or later there will be rules enforced for ico because the turnover of money in this ico world is very high.
too many people lost their money because scam ICO, so regulation is very needed. But it's also bad if regulation is too strict, because ICO is helping people to learn about investing and launching business

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September 27, 2017, 12:55:41 PM
 #40

It is actually meant to be good thing. I mean just normal regulation, not ban. But it is definitely going to kill some people's desire to create more icos for sure.
Regulation is a good thing, it aims to protect investors from being theft by fake developers. There will be legitimate ICOs and projects when there are good regulation. We can invest without fear of being scammed. I expect the regulation will be friendly to developers and investors but strict to fake and unrealistic projects.
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