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Author Topic: Is ICO regulation good or bad?  (Read 29582 times)
ldah94
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October 14, 2017, 12:53:39 AM
 #241

On the one hand it is positive because the security strategy will be putting borders around the ICOs, noting and monitoring tokens and issuing investment risk alerts. In the event of a high market risk, the plan declares a high probability of denying and suspending such Initial Currency Offers. So soon, good marketing and promises will not be enough for the ICOs to make their debut.
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October 14, 2017, 04:21:05 AM
 #242

I think that regulation by the state for the ICO is necessary. Now that the initial offer of coins has become available for virtually any group of people, it is very important to exclude excessive risks in this process and protect investors' rights against possible fraud. State regulation of this process can serve as such a filter, discarding unnecessary and risky ICOs. However, it is important not to overdo it and not try to impose your opinion on what coins need to be created and which ones are not. This issue should remain decentralized. Only the market can determine the further fate and value of the created coin or token.

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October 14, 2017, 05:18:51 AM
 #243

Soon there will be decentralized ICO on komodo Platform. It will be the future of ICO. the first dICO will be Monaize https://bitcointalk.org/index.php?topic=2229089.msg22486909#msg22486909
It would be interesting to see how dICO will play out.

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Dwarf42
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October 14, 2017, 11:40:30 PM
 #244

Of course, it's high time to start regulating ISO. Too many projects scam, you need to do something about it.
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October 14, 2017, 11:41:33 PM
 #245

Responsible ICO regulation based on development of the technology and protection for the consumer is good - fear-based heavy-handed regulation - is bad.

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October 14, 2017, 11:45:14 PM
 #246

It is significant good and do no harm if you think about it

Regulations
Prevent Money laundering
Shows reconigzation towards project

However, if they wanted to regulate yet control, it might not be that good tbh


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charlie137
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October 14, 2017, 11:54:44 PM
 #247

if regulations around ICO will be well constructed and reasonable, it will be a huge improvement to the whole market. but its not gonna happen since every single government instance dreaming about grabbing the whole thing under strict control. vast majority of people are not showing enough dignity in our society to expect something decent like honest ICO regulations. but its better than scam ocean

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October 15, 2017, 12:01:47 AM
 #248

without regulations every sector tends to be porous to irregularities, with government regulations, sanity will be in the system, unserious project developer will reduce drastically and scammers and hackers operations will reduce drastically.

TomUyamot
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October 15, 2017, 12:09:08 AM
 #249

ICO regulation is good of course. But who will do the regulation? It cannot be done like one time big time. There is no entity worldwide that could put some blanket law to regulate ICOs all over the world. It has to be on a country to country basis. That is what is being done right now in few selected countries. The others are either accepting ICOs or passive about it.
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October 15, 2017, 12:11:25 AM
 #250

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.

All said
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October 15, 2017, 12:30:12 AM
 #251

ICO regulation is good of course. But who will do the regulation? It cannot be done like one time big time. There is no entity worldwide that could put some blanket law to regulate ICOs all over the world. It has to be on a country to country basis. That is what is being done right now in few selected countries. The others are either accepting ICOs or passive about it.

it is quite possible that if the government implements an escrow system with one special altcoin they make, all payments should use the coin with strong rules so as not to have an impact on the inflation rate. If the erc20 token applies a smart contract, payments may be incurred by using a special coin or Fiat in accordance with their respective country. It's too complicated but very effective to balance the economic impact.

 
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hajimasan
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October 15, 2017, 12:31:30 AM
 #252

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.
Here the ICOs are better option of the investment ( no doubt scam are involved but also legimaty also involved which is a positive factor for the investors ).
Here we can see that in the ICOs we pay money for the written data ( surity of remaining permanently is not sure because technology matters much ).
In these days making coin with any simple technology is a joke , so we can understand that how the people made coin with ICOs and getting investment for there coin .
So here it seems that it is a better thing that the government of many countries are making regualtion at the ICOs , otherwise one day only people will invest in ICOs and no one will go for the direct trading .
So here we should consider that these countries are doing good work and I don't think that it will give negative impact at the bitcoin market.
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October 15, 2017, 01:23:52 AM
 #253

I think it's very nice ,,, with there ico regulation ,, many people will be avoided from scam project ,,, from investor to bounty hunter
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October 15, 2017, 03:06:24 AM
 #254

It is also a good opportunity for small businesses which struggle to get loan from banks. In many countries only big and international operating companies get a loan for investment with fair conditions. In Europe you can see this in many southern states like Italy, Spain, Portugal etc. Same holds to many other countries in the world. ICOs fill a economical gap in my view. But they must be regulated.
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October 15, 2017, 03:12:16 AM
 #255

oh i think the regulations exist to prevent fraudster or scammer by taking advantage of the easiness of collecting money through ICO, by that people as investors in this thing will be even safer but there's also one more thing that you need to know, by the release of the regulation, the government will also have the benefit to control the ICO and such.
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October 15, 2017, 03:29:53 AM
 #256

It's not good or bad, it's necessary. Without some form of regulation, there will be no real mainstream adoption.
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October 15, 2017, 04:48:54 AM
 #257

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.
What do you mean by ICO REGULATION? Is it about the government managing the use of tokens in a country? If that's what you're saying, then I think it is not good for small investors. The reason why China and other big countries want to ban cryptocurrencies in their country is that they want to earn a part of it. Although it will be good since scam projects will be minimized (we can not assure that scams will be gone once ICOs are being regulated by government since the project management is out of the government's control).
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October 15, 2017, 05:43:56 AM
 #258

It's a good thing. If we won't regulate ICO then more and more scamcoin will appear and rob people's money in the end and also ruining cryptos image. Blockchain is an awesome tech but if there are more shitcoin than legit coins therefore it can possibly hurt bitcoins reputation that might make people think that investing in ICO is nothing but a scam. I am supporting it because it will lessen the risks.
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October 15, 2017, 06:01:22 AM
 #259

For thos who Regulate ICOs and make their ICOs just for milking cows and scamming purpose.since ICOs is involve with a lot of money.being decentralised doesnt men that you are in anonymous because ICOs is synonymous for crowdfunding and IPO for their stock.thr investors and traders of the market are regulated with the law

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October 15, 2017, 06:51:30 AM
 #260

Is not necessary something bad. But how can you be decentralised and at the same time regulated?

Am finding it hard for projects who appeared decentralised to become regulated.

Yes this would bring a great shift of billions into the community, with all of the downfalls that come with it Sad
Here, in my opinion, it is necessary to clearly understand certain points. The decentralized implementation of the ICO does not at all mean the absolute uncontrollability and anarchy of this process. Such a representation is fundamentally wrong. Regulation of the ICO by the state can and should be to allow the identified team to adhere to this process in order to avoid the risk of fraud on their part. In this case, the state assumes the obligation to protect the rights of investors and other persons in court in case of any violations. In such regulation there is nothing wrong, there are only a number of positive moments. It is important that state bodies do not interfere with the ICO process and do not lead the process, so that in this part it remains decentralized. Then the risk of fraud will be reduced and the order will be greater, and the decentralized principle of the crypto currency will remain.

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