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Author Topic: Is ICO regulation good or bad?  (Read 29582 times)
ludovicvuillier
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October 10, 2017, 07:11:23 AM
 #221

The final goal of any regulation is protection. Ok, maybe in the perfect world. But anyway, I believe "ICO regulation" is not a single, pre-defined substance so that we could say whether it is good or not. One regulation might be good, another one might be bad. What seems to be more interesting to me is what a good regulation is or would be (along with what a bad one is as well).

Agreed. Do you have any ideas? This is a discussion I find immensely interesting.

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October 10, 2017, 08:19:11 AM
 #222

The final goal of any regulation is protection. Ok, maybe in the perfect world. But anyway, I believe "ICO regulation" is not a single, pre-defined substance so that we could say whether it is good or not. One regulation might be good, another one might be bad. What seems to be more interesting to me is what a good regulation is or would be (along with what a bad one is as well).

Agreed. Do you have any ideas? This is a discussion I find immensely interesting.

Well, the one thing I can say right away is I believe that ban is not regulation. In fact.
ludovicvuillier
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October 10, 2017, 08:20:42 AM
 #223

The final goal of any regulation is protection. Ok, maybe in the perfect world. But anyway, I believe "ICO regulation" is not a single, pre-defined substance so that we could say whether it is good or not. One regulation might be good, another one might be bad. What seems to be more interesting to me is what a good regulation is or would be (along with what a bad one is as well).

Agreed. Do you have any ideas? This is a discussion I find immensely interesting.

Well, the one thing I can say right away is I believe that ban is not regulation. In fact.

Of course. A ban makes something illegal whereas regulation defines laws to be abided by.
I didn't know some people thought a ban was regulation.

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October 10, 2017, 08:25:30 AM
 #224

Majority of countries are planning to regulate ICOs. China, Russia, Canada are thinking abt it... Suppose that ICOs widespread nobody can stop. Do you believe that ICOs will be more regulated in the  future? What prons and cons will it probably have?

I think there will be more huge investors which will invest into ICOs. In this case prices for ICOs will get even more expensive and make it difficult to make profits for small investors.
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October 10, 2017, 08:39:26 AM
 #225

I think there will be more huge investors which will invest into ICOs. In this case prices for ICOs will get even more expensive and make it difficult to make profits for small investors.
I think the market will find a way to let small investors back in even if that trend takes place, referring to microtransactions, crowdfunding, 'kickstarter'.
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October 10, 2017, 08:42:06 AM
 #226

I think there will be more huge investors which will invest into ICOs. In this case prices for ICOs will get even more expensive and make it difficult to make profits for small investors.
I think the market will find a way to let small investors back in even if that trend takes place, referring to microtransactions, crowdfunding, 'kickstarter'.

Not just the market. Just because the SEC doesn't let small investors invest in many things that "sophisticated investors" can, doesn't mean that 1) other regulations don't either (many do) 2) that's how the regulation would work with ICOs.

There can be regulation and not change the important aspects of ICOs.

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October 10, 2017, 09:42:20 AM
 #227

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.

Banning ICOs i am against, however regulating ICOs i'm not that worried about. Anything in moderation is good, unregulated ICOs may result in shit projects popping up all the time that are trying to suck investors money away.

But banning it is a bit too extreme in my opinion.

But then, even if every single country does ban ICOs people will just find new ways to invest into cryptos.

 
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VanDeinsberg12
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October 10, 2017, 09:47:37 AM
 #228

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.

Banning ICOs i am against, however regulating ICOs i'm not that worried about. Anything in moderation is good, unregulated ICOs may result in shit projects popping up all the time that are trying to suck investors money away.

But banning it is a bit too extreme in my opinion.

But then, even if every single country does ban ICOs people will just find new ways to invest into cryptos.
Agree that banning is just too much, but there's always reason behind government movement, they may think that banning ICO is the best way to do since maybe so many people in that mentioned country have been scammed by many fake ICO projects and it could unstabilize their economy, so many people are losing money and becoming poor too.
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October 10, 2017, 09:58:10 AM
 #229

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.

Banning ICOs i am against, however regulating ICOs i'm not that worried about. Anything in moderation is good, unregulated ICOs may result in shit projects popping up all the time that are trying to suck investors money away.

But banning it is a bit too extreme in my opinion.

But then, even if every single country does ban ICOs people will just find new ways to invest into cryptos.
The regulation will come to prevent the scam ico and greedy person to raise a lot of money and just give nothing for us, as long as the government doesn't wanna take all of the control over the platform and project itself and i must not feel worry about that.

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October 10, 2017, 11:21:47 AM
 #230

regulation is definitely important, and definitely good. Just think of it this way: what is holding cryptocurrencies back are allegations such as "Fraud" "Crash" "Bubble" etc. If the government decides to regulate the cryptocurrency market/industry, it is indirectly validating the concept and "supports" the idea, to the extent that they decided to regulate it. The government "pays" attention therefore to that sector and that makes people more willing to trust it.
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October 10, 2017, 12:02:11 PM
 #231

regulation is definitely important, and definitely good. Just think of it this way: what is holding cryptocurrencies back are allegations such as "Fraud" "Crash" "Bubble" etc. If the government decides to regulate the cryptocurrency market/industry, it is indirectly validating the concept and "supports" the idea, to the extent that they decided to regulate it. The government "pays" attention therefore to that sector and that makes people more willing to trust it.
Humans with evil mind and ideology are always fund of taking advantage of a good system. I have never loved regulations too but the rate at which some scammers have made use of ICOs to scam users has been so terrible and for that, regulation is just the only way to curtail such act.

Those who participating in bounties as they have a lot of duty to the community but we cannot really blame them cause most are just after the gain and they apparently have nothing to lose. Those who should be careful are the investors and I do not expect any investor to just opt into any project without much research knowing funds will be committed into such project.
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October 10, 2017, 12:41:46 PM
 #232

The final goal of any regulation is protection. Ok, maybe in the perfect world. But anyway, I believe "ICO regulation" is not a single, pre-defined substance so that we could say whether it is good or not. One regulation might be good, another one might be bad. What seems to be more interesting to me is what a good regulation is or would be (along with what a bad one is as well).

Agreed. Do you have any ideas? This is a discussion I find immensely interesting.

Well, the one thing I can say right away is I believe that ban is not regulation. In fact.

Of course. A ban makes something illegal whereas regulation defines laws to be abided by.
I didn't know some people thought a ban was regulation.
A ban = the government have rule for the ICO market and they want to control it.
At least, the Chinese and American government were limited the growth of ICO.
They do not want a type speculation can grow fast and become the best choice for investor.
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October 10, 2017, 01:30:57 PM
 #233

I think it shouldn't be regulated. My minds governments of this countries just want to get tax from prople's investings. Without control they can't do this, and I think it badly will affect for price of altcoins and btc.
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October 10, 2017, 04:31:43 PM
 #234

I think it shouldn't be regulated. My minds governments of this countries just want to get tax from prople's investings. Without control they can't do this, and I think it badly will affect for price of altcoins and btc.

I think such regulation is not to control, but it tends to squeeze.
The regulation should be based on the principle of justice, must be mutually beneficial, whether it benefits the investors, the ICO organizers, and the government
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October 11, 2017, 08:12:45 AM
 #235

I think it depends on what the regulations control / what is the point of them.

If they are implemented to raise the level of quality in ICO's then that's great!, if not and they are simply put there to destroy ICO's then we have an issue.

People will always come up with ways around regulations.
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October 11, 2017, 08:22:18 AM
 #236

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.
Regulation is Good. In my opinion the bad thing here is the banning of ICOs, and to correct you The Chinese and South Korean Government have been announced that they will ban ICOs and with that being said they will not take any considerations on Regulating it. Regulation will open more opportunities to have investors around the world, also another opportunity for the Government to gain profit from taxes from this ICOs.
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October 11, 2017, 08:42:03 PM
 #237

Every difficult thing connected with money should be regulated. But we need a special organization which regulates it without corruption and not for personal purposes.
I would vote against the regulation of crypto coins. Our local currencies are already being regulated and we all are well aware of the results. No doubt regulation has its own perks but giving someone the authority over crypto coin will simply crush the essence of them and moreover, it is impossible to fina a corruptionless organization. It is just an ideal situation which will never happen in our real world.
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October 11, 2017, 09:41:09 PM
 #238

Regulation in the right form would be good.

But who says that the way of regulation is good or bad.
Time will see what we have to do to be at the legal site Undecided

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October 11, 2017, 11:15:00 PM
 #239

Pros and cons always. Regulations have to happen in order for ICO's to be widespread. Countries like Australia and Malta are doing a good job of regulations.

Recently there was an ICO that got a license to be able to bring real-money esports gambling to Europe: https://www.coindesk.com/regulated-cryptocurrency-betting-just-got-big-boost-europe/
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October 13, 2017, 11:46:42 PM
 #240

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.
Regulation is Good. In my opinion the bad thing here is the banning of ICOs, and to correct you The Chinese and South Korean Government have been announced that they will ban ICOs and with that being said they will not take any considerations on Regulating it. Regulation will open more opportunities to have investors around the world, also another opportunity for the Government to gain profit from taxes from this ICOs.

I also have the same opinion that ICO regulation with the aim of controlling ICO brings good impact to all parties involved, provided that ICO regulation is made with justice, all related parties are represented in the making
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