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Author Topic: Is ICO regulation good or bad?  (Read 29857 times)
deppil
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September 27, 2017, 01:02:56 PM
 #41

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.
lol but who will give regulation on ico mate ? you all know that cryptocurrency is decentralization, all things and risks are borne by each user them self, although bitcointalk applies this  regulation but it is very likely that other ico could just do advertisement in various media not just in this forum only right ? implementing the regulation on ico will be hard to do #imo
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September 27, 2017, 01:24:24 PM
 #42

It is a bad idea for me because it resulted for a very huge price down in bitcoin and it also make the progress of an ico to a slower type because the investors of the ico are mostly in the country of china so i think there is not good thing in regulating the ico.

 
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September 27, 2017, 01:37:08 PM
 #43

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.

in my own opinion, this should be really implemented. We all know that there were incidents of scams related to ICO and scammers are very wise in terms of project hype. It's actually easy to do ICO and many were scammed already. This being regulated, many investors will have more confidence to this kind of investment. huge companies will gain trust and not just those who have knowledge how tokens or coins work.
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September 27, 2017, 01:41:21 PM
 #44

Some form of regulation is required to protect investors and provide guidelines to ICOs.

Too many ICOs go quiet after receiving funds. This will have a negative impact on potentially good projects.

Creating regulations to protect traditional businesses should be avoided though.

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September 27, 2017, 01:43:59 PM
 #45

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.

They're all good things when we check the current status of frauder projects and their owners. But this regulations should not damage the environments itself. They should aim the bad people behind fraud projects.
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September 27, 2017, 01:55:15 PM
 #46

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.

The motive behind it is good but behind the scene is what is really killing the business. In the fiat world, to raise capital for your business at all, you must have spend a lot of money and at the end of the day, the amount raised when the entire charges is being deducted, might not even be enough to cover the needed costs for the project couple with the fact that it might not be fully subscribed which brings in the services of an underwriter. The underwriter charges alone can plunge the business into more debt. Above all, it does not mean the project will eventually be successful after all the stress. In all, I would still prefer ICOs not to have the hand of regulatory authorities.
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September 27, 2017, 01:59:30 PM
 #47

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.
I'm absolutely agree with you, but why it kill desire?
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September 27, 2017, 02:15:54 PM
 #48

regulation is necessary, otherwise, lots of scams will launched to raise money which will lead to a big loss of many investors eventually, but what the China had done to ico and exchanges maybe overtaken, of course, China government has its own concern, which maybe harmful to the development of cryptos
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September 27, 2017, 02:33:25 PM
 #49

It is good for investors as it saves many investors from loosing money on illegal ICO's who collect money and disappear. Regulation is necessary of the day and every ICO have to follow the rule. There are many I CO's already disappear after get the money from investors, so it should be mandatory for all incoming ICO's to follow the rule.

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September 27, 2017, 02:46:23 PM
 #50

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.
I'm absolutely agree with you, but why it kill desire?
well I think that it will kill many upcoming ICOs which created out of thin air, with merely a whitepaper to raise funds. the regulation exist to prevent this, people think that it's a bad thing for the cryptoverse but it's not.
the government just trying to stop the money grabbing.

 
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September 27, 2017, 03:48:50 PM
 #51

ICO regulation is good because the ICOs that are just being created for  scamming innocent people and maybe,just maybe the scam be avoided from happening in the first place. A lot of ICOs raise a lot of money and if they scam people then a lot of countries will lose potential capital,which most of the countries are afraid to lose.


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September 27, 2017, 04:23:16 PM
 #52

in some countries where there are a lot of scam cases I think regulating ico's will be good in order to protect investors for future scams and be able to arrest immediately those people involve in an ICO scam. but there might be a negative effect due to the impact on society. they might think ICO is just scam.

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September 27, 2017, 04:32:18 PM
 #53

ICO regulation is good because the ICOs that are just being created for  scamming innocent people and maybe,just maybe the scam be avoided from happening in the first place. A lot of ICOs raise a lot of money and if they scam people then a lot of countries will lose potential capital,which most of the countries are afraid to lose.

i agree, that is the plan behind the regulation, to protect potential investors
but I'm worried about the amount of regulation and where it stops,
 
will it render a potential ICO as centralised/regulated ?

will the regulation require some form of identification for potential investors?

will there be some form of taxation or levy's implemented?

[ just throwing a few topics for discussion out there ]
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September 27, 2017, 04:39:23 PM
 #54

I believe that's the very bad idea to regulate the ICO. Don't forget when we speak about the regulations then there are government bodies who are involved in it. Plus banking system will get involved to and may not allow the investment done in anonymous nature. Obviously the anonymity will be long gone when they apply regulations. Who knows ICO might just start asking for KYC docs to get enrolled beavcue they might wanna show the tax proofs and all the circulating money and just loook at that it's chaos!
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September 27, 2017, 04:47:58 PM
 #55

I believe this is a bad thing. Why would someone a government care about how a company is raising money? It is high risk high reward. To regulate will slow down the process.
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September 27, 2017, 05:18:58 PM
 #56

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.
Making these decisions is not bad, but not good either. Those countries have put in place a ban on or restricting ICO projects in their country just because they fear that many investors will be trapped and lose a lot. What is the reason? That is, many ICO projects today are fraudulent and scam, they just set it up to make money of people, they do not care about development to the project. That is what they are worried about and have made decisions to adjust or ban ICO in their country. But these decisions could affect electronic money transactions in their home countries. This is just my personal opinion

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September 27, 2017, 05:28:21 PM
 #57

Maximum ICO regulation is very good its looking my eyes but some few ICO rules and regulation is bullish i think.ICO future is so more good.Some ICO is not successfully finished although investor to get their money.

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September 27, 2017, 05:30:23 PM
 #58

If it decreases scams then it's a good thing in my book. Regulation will bring legitimate companies in that are looking to do good for crypto
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September 27, 2017, 05:40:26 PM
 #59

The main idea of cryptocurrency is avoiding government control and regulation but now there are to many scamers, who want to steel your cryptocurrency and cheat on you, so a lot of people who believen in gorernment`s fair justice want ICOs to be regulated. But not me - i dont want some regulators were interested in my money and investments.

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September 27, 2017, 05:48:01 PM
 #60

I think in every regulation always have an impact on two sides, that is the postitive and negative side, I just want to discuss about positive side only, this regulation will surely protect the investors against the rampant ICO scam and the guarantee of profit from investment.

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