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Author Topic: Is ICO regulation good or bad?  (Read 30872 times)
sheld0n
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September 02, 2017, 08:49:54 PM
 #1

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.
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September 19, 2017, 07:20:47 AM
 #2

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

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September 19, 2017, 07:22:07 AM
 #3

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.

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September 19, 2017, 07:30:26 AM
 #4

I don't think it is that bad if ICO's will be regulated because it can also help the economy of ones country however if they regulate the use of bitcoins and altcoins now that's a different story. Regulation is good in some way rather than banning them which is a much heavier offense if ever that'll happen.
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September 19, 2017, 07:45:15 AM
 #5

It will be bad in the short term as this is affecting ICOs and causing some to be postponed or even cancelled. In the long term this should draw more money into the coins, but the point of these coins is they are decentralised and governments don't like that, so how does regulation fit with being decentralised?

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September 19, 2017, 08:04:41 AM
 #6

Regulating ICOs is bad to those who make it as a form of milking cow or for scamming purposes, since it is involve a lot of money for investment. Being decentralised does not mean that it is also be an anonymous, ICOs is synonymous for crowdfunding and IPO for stock, market where investors and traders are regulated and with accordance to the law.
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September 19, 2017, 08:06:39 AM
 #7

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.
GOOD

Depends since if The ICO's will be regulated well I think the bounties will reduced and that one could even hurt the bounty hunters and I'm very sure that government will get some tax for every successfull ICO here.

But if this matters will give a good image to crypto industry then let the regulation will be implemented and I think it can give a good boost to the price of bitcoins in exchange.


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cryptonianz
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September 19, 2017, 08:07:40 AM
 #8

Of course, it's not a bad thing, but I hardly believe that they will ever manage to control & regulate all CryptoCurrencies!

The only thing they will be able to regulate is the time you will sell your coins for USDT.

But even then there will be many other ways to always sale your coins for USDT without regulations.

Blockchain and Cryptocurrency are here to stay! Of course, this includes new ICO.

I believe that an ICO is like a new website project.

Some will fail some will succeed!
cryptowomba
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September 19, 2017, 02:21:52 PM
 #9

I don't think regulations are particularly a bad thing, but of course it depends on what regulations.

Here is an interesting article looking at the aftermath of China's ICO ban.

https://medium.com/@crowdholding/china-ban-on-icos-not-all-doom-and-gloom-74daf814209c
BekantanSejagatTeamPenipu
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September 19, 2017, 02:51:58 PM
 #10

baned ico is bad
but if ico regulation  is good because can reduce scamer, only collect money and then run

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September 19, 2017, 02:56:44 PM
 #11

I think some regulations are good for the market. So many people got scammed by fake projects. I think its good, because now the strong and fundamental good projects get some more attention in the future!

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September 19, 2017, 02:58:45 PM
 #12

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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renes
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September 19, 2017, 03:34:46 PM
 #13

Yes this is good development but most ICOs are scam and people are just losing a lot of money and they are not able to take their money back so regulations are good they don't block good projects.
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September 19, 2017, 03:37:54 PM
 #14

Regulating ICOs is bad to those who make it as a form of milking cow or for scamming purposes, since it is involve a lot of money for investment. Being decentralised does not mean that it is also be an anonymous, ICOs is synonymous for crowdfunding and IPO for stock, market where investors and traders are regulated and with accordance to the law.
I think that it depends on the purpose of the regulation and how long it last. People can still do things beyond the regulation in-effect.

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September 19, 2017, 03:54:42 PM
 #15

How is it a bad thing? I think this regulation was most required and would strengthen the crypto currencies in the future. Atlast the looters will have no free run and noobs who buy into hyped ICO's without researching would not get looted of their money.

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September 19, 2017, 04:10:08 PM
 #16

there and cons and pros
its good cuz less scams
its bad cuz less freedom

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September 19, 2017, 04:13:10 PM
 #17

I think that regulation is good. Many projects of ICOs are pure fraud and only hinders that has a project really seriously. Has good projects suffering because of this.

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September 19, 2017, 04:17:30 PM
 #18

I hate scammers, and there have been a number of ICO scams that have stolen a lot of money.  While I'm not sure that the Chinese government is putting an end to ICOs out of the goodness of their hearts to protect their citizens from scams, I think that some regulation in this area is good.  It will make scammers think twice about the value of starting an ICO just to rip people off. In the end, if someone in China really wants to join an ICO, they will find a way around the restrictions.
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September 19, 2017, 04:30:54 PM
 #19

There will always be pros and cons.
We will see less ICO scams and less people will lose money and fill scammers wallets.
On the other hand regulation of ICO will bring us, well, regulation, more taxes, centralization etc.

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September 19, 2017, 04:38:10 PM
 #20

As you can see regulations are very bad for investors, as the governments try to regulate ICOs, exchanges and other things in crypto, there is always a hard crash.
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