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Author Topic: Is ICO regulation good or bad?  (Read 29857 times)
dieselmeister
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October 15, 2017, 07:52:47 AM
 #261

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.
There's no doubt in my mind that more and more people use ICO to swindle investors money. However, I don't think that Government regulates ICO to reduce risks for investors. This is due to of the fact that Government just wanna control your asset to collect personal income tax.

Someone used my Account for 3 Month, why would someone do this?
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October 15, 2017, 07:54:08 AM
 #262

i think its good and we are going to need it in thw future. if we want ico to be accepted, altcoin and all abot cryptocurrency we do need a regulation that makes all of them clear

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October 16, 2017, 07:05:41 AM
 #263

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.
It's much too late for you to sell the coin for a nice profit. You should just keep the coins on something for a few months so you could get rewarded later.

 
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omonuyak
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October 16, 2017, 07:22:27 AM
 #264

We have to be realistic here and many people have been scam through ico investment. My friend that bought some tokens last June could not get it fund back uptill now and it is very unfortunate. people will just seat with their computer in their rooms and be pumping projects out daily in other to scams investors. Governments regulate ico projects should be something we should all support if we like the survival of cryptocurrencies market.
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October 16, 2017, 11:24:02 AM
 #265

We have to be realistic here and many people have been scam through ico investment. My friend that bought some tokens last June could not get it fund back uptill now and it is very unfortunate. people will just seat with their computer in their rooms and be pumping projects out daily in other to scams investors. Governments regulate ico projects should be something we should all support if we like the survival of cryptocurrencies market.
I agree. Some regulations does not hurt to much ICO. Somebody want money and for this start massive PR - usual scam. But dark side of the moon - government will want to get some profit by taxes and anything else

 
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sealofsun
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October 16, 2017, 11:29:14 AM
 #266

There are fake projects on the market, a regulation may be good.
bitcoinvestor
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October 16, 2017, 12:39:16 PM
 #267

i think its good and we are going to need it in thw future. if we want ico to be accepted, altcoin and all abot cryptocurrency we do need a regulation that makes all of them clear
Regulation will also protect investors from being scammed by faked developers. ICO regulation by government will not reduce the numbers of ICO , however it will increase more ICOs. When ICO is regulated with good standard for start up to raise funds, legalization and other govt administrative requirements, there are more inverstors who are attracted to the model of investation. I hope there will be a country that will be pioneer for that.
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October 16, 2017, 12:44:00 PM
 #268

i think regulation is good for the health development of ico, though i cant participate in ico due to it and already missed several very promising ones, i will never willing to see scams fulfill my sight and run to invest
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October 16, 2017, 12:54:38 PM
 #269

I started my own similar thread about this with regards to taxes. I think we need regulations pretty bad right now or trust will start to erode in the crypto world. It's the wild wild west out here and half the new tokens/coins coming out are pyramids schemes if not outright scams. Governments are getting antsy about people not paying taxes on gains. Crackdowns are incoming hard in every country and will continue unless we get infront of the train and do some regulating.

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October 16, 2017, 12:59:56 PM
 #270

A regulation is good, most required and would strong the cryptocurrencies in the future.
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October 16, 2017, 01:11:04 PM
 #271

There will be pros and cons, less scammers and possibly less profit to be made aswell depending on regulations.
chaoscoinz
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October 16, 2017, 01:34:31 PM
 #272

I think some regulations are necessary, because crypto currencies, as we know them today, are a new class of financial instrumentation.  What this means is, it's not the question of, will it be regulated, but actually,  when will it be regulated?
   Crypto coins/tokens are a tough sea to navigate through when it comes to legal concerns, as one must tread/paddle carefully through these waters. There are a lot of gray areas within bitcoins legal sector, and I think, that regulations will help provide a detailed map, so one doesn't get lost at sea, or attacked by sharks, and whales (metaphorically speaking).   Wink
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October 16, 2017, 05:09:50 PM
 #273

I believe that it depends on what the regulation is trying to do.

If they are trying to kill ICO's then it won't help and will be a negative.

If sensible rules are implemented which raises the ICO standards, then I think it is a good idea.
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October 16, 2017, 06:11:34 PM
 #274

regulation change is good in market for trading.

will stop whales from messing with coin price and help the little guy... but if gov bans crypto it will obviously bad. Hopefully most govs will allow crypto trading to continue


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October 16, 2017, 09:18:35 PM
 #275

good and bad . . .  not bad because  i think this will help us by the side of by regulation they will limit scammers , but on the other hand i cant understnt how can be regulated and decentralised ...... privacy is the right hand of cryptos....
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October 16, 2017, 09:20:18 PM
 #276

If it is mainly meant to protect people from scam ICO, then it is good thing, otherwise not.
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October 16, 2017, 10:37:12 PM
Last edit: October 17, 2017, 12:28:34 AM by Fundalini
 #277

Regulation of ICO means the country that implements it would have a better control on the money that goes into their economy. They can also implement laws to protect venture capitalist from getting scammed and also get stricter on ICO's which would eventually decrease in the market. All these being said, I think it is a good thing if ICO's were regulated.
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October 17, 2017, 01:07:10 PM
 #278

imo if forums and exchanges work together by vetting a ico properly and not promoting or admitting a ico before they know who is behind it

if they dont goverments all over the world will get a foot in the door making sure you don t profit unless you are in the inner circel just as it works now

but its like talking to a brick wall imo goverments have tried for years to destroy crypto what do you think will happen ??


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October 17, 2017, 05:26:37 PM
 #279

I think some rules are good for the market. So many people got scammed by fake projects. I think good, because now good projects and good fundamentals get more attention in the future! so the market will get better.
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October 17, 2017, 05:34:08 PM
 #280

Ico regulation is actually very good thing.
There are too many ICO scams and people lost too much money, someone has to stop it. It has a bad side too, regulation will bring taxes, but better to pay tax than to lose all money because someone scammed you.

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