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Author Topic: Is ICO regulation good or bad?  (Read 30864 times)
hummer113
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December 17, 2018, 02:04:23 PM
 #521

Need to people were not afraid of scams on the market ICO, and for that we need regulation to have responsibility investorami.

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sergeykravchenko1959
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December 17, 2018, 03:09:42 PM
 #522

In recent years, ICO projects have become widespread. I believe that the process of regulating ICO projects is simply inevitable. Recently, through these projects, ICO attracted a large amount of investment and it is very important that all processes related to these investments be transparent and regulated by state legislative norms
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December 17, 2018, 03:18:24 PM
 #523

This regulation occurs because crypto has a very large amount of money transactions. Countries, in this case, are very aware of the impact that will be given to crypto. So that the government dares to provide rules regarding crypto use, which later results from transactions can also be taxed.
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December 17, 2018, 03:22:32 PM
 #524

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.
You are right, actually this kind of regulation is having hope for all to create a more quality project, of course this is good for the crypto community
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December 17, 2018, 03:28:16 PM
 #525

That's good, however many projects might find the government regulation too much, depending on the country.

So they could decide to stop further development, because of all the interference.

And even with regulation it doesn't mean a project will succeed, that's depending on a lot more factors of course.

Even regulation can't solve that.

And to my opinion, these regulators should respect the anonymity of blockchain more.
Privacy is a fundamental right, well not in some countries...

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December 17, 2018, 08:27:01 PM
 #526

Government regulation of new ICO projects will help protect investors from fraud by new projects. In this case, I agree to state regulation)
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December 17, 2018, 09:05:45 PM
 #527

Judging from the fact that cryptocurrency initial coin offering icos is fast getting filled with scam project this has called a need to employ a bit of regulations into the system not necessarily a government back regulation

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December 17, 2018, 09:10:07 PM
 #528

I have seen a lot of companies. Many of them fell short of my expectations. About 8 out of 10. I think we need to regulate their activities.
Must be an external regulator. As well as conscience and morality. The project team should strive for this. Trust is the success of the project.

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December 17, 2018, 09:15:26 PM
 #529

Most ICOs projects now are scam,they take investors money and dissapear into thin air. The only solution to this is for ICOs to be regulated, it will surely be a good thing .
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December 17, 2018, 09:19:42 PM
Last edit: December 17, 2018, 10:46:11 PM by Bennix
 #530

Of course,icos need more than regulation because many gullible investors have lost huge amount of money on icos,and the worst part is,many developers of those icos have not managed any multi million dollars project let alone having the expertise ,experience and practical skills needed to move the project forward.
When there is a strict ico regulation,many inexperienced  developers will scamper for safety because they will be prosecuted and be jailed if court of competent jurisdiction find out they lied on their white papers.
I said this because those inexperience developers have devised a new way of defrauding investors by writing so many things they can't do on the white paper ,and investors usually fall to their trap  by investing huge amount of money after reading their white papers.
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December 17, 2018, 09:23:47 PM
 #531

Iico regulation is very good in my opinion because so not many unclear ico can make and cheat investors. this is very detrimental. in my opinion there must be permission to make ico

In the current realities of the market, for the rehabilitation and restoration of people’s trust in the ICO, regulation is vital. However, I am afraid that fraudsters can take advantage of this, and they will take advantage. Therefore, it is necessary to be especially careful with platforms of such regulation.


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OfficialWhiskytoken
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December 17, 2018, 09:24:41 PM
 #532

@Screamshot

Yes there is a urgent need for regulation. The question is though: Who is going to regulate ICO's?

Usually it is the country the company behind the ICO is founded. Which means that scam ICO's just move their HQ to a country that is has low regulations. So the best solution, in my opinion, is to look at the ICO's company's origin and determine from that if it might be a scam or not.

Country with high regulations for ICO's = likely not a scam.


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December 17, 2018, 09:26:04 PM
 #533

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 think definitely it's for the best, a lot of newcomers who came to the market and fall for the tricks of scammers, I think it's better to regulate and enter safely than to worry about their money

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December 17, 2018, 09:56:22 PM
 #534

I think that this is correct because so many startups in the cryptocurrency market this year turned out to be a scam

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December 17, 2018, 10:00:11 PM
 #535

Regulations would be good of course. It will surely limit the level of scam in the INitial coin offer these day. It would just serve as measure in controlling scam in the industry
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December 17, 2018, 10:17:43 PM
 #536

probably bad because the cryptocurrency market was originally meant to be an anonymous platform, so new projects on the market do not need to be regulated

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December 17, 2018, 10:34:40 PM
 #537

I think the regulations for icos will be very good. Because the scam project comes out a lot to the market. and the people are cheating. I am in favor of regulatoin. The coming regulations that are good for everyone.
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December 17, 2018, 10:36:58 PM
 #538

I strongly agree that the ICO will be made data rules or regulations to make it better, because I am sure that after the regulation is applied to eat, many investors will switch to ICO ...

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December 17, 2018, 10:45:11 PM
 #539

I treat this as neutral because new projects both appeared and will therefore appear to be regulated to nothing

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December 17, 2018, 10:56:11 PM
 #540

Now in my country, there is still no regulation for crypto. So that the government, in this case, continues to appeal not to make transactions with payments using crypto coins. The government has not determined that this crypto is valid. But with crypto experiencing very high popularity in the future there will definitely be rules to regulate it.

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