kryptqnick
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September 27, 2017, 05:55:19 PM |
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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. Apart from the purpose of regulations what also matters a lot is the key audience which is getting affected by them. For most of ICO creators it is bad, because they won't be able to scam others as easily as they could before. The prices of platform coins like neo, waves and eth are likely to drop or at least not reach what they could've reached with lots of icos. As for the traders - well, it's what makes the market safer, so I guess less risk is a good thing mostly.
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dfox101
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September 27, 2017, 06:13:49 PM |
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Of course it is good to regulate it, because there are so many scams. Just look at the forum here, how many newbie started ICOs you see, almost all of them are scams and junks.
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rezurect
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September 27, 2017, 06:19:40 PM |
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I think it's good, too many scam ico's. Only the good ones will survive like this. But I don't want bitcoin itself regulated.
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RHOVIT
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September 27, 2017, 06:23:45 PM |
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As a company integrating an altcoin into our platform and trying to figure the best way to proceed, fair regulation that keeps in mind that a token, even if it is deemed a security is not a stock, would be helpful. As much as regulations are put in place to protect investors from scams they also keep average people from being able to buy in early. This has somewhat changed recently with equity crowdfunding that allows companies to raise up to a million dollars year from un-accredited investors while still requiring all the filings and legal documents that you would need to raise from accredited investors. Possibly expanding on that idea when it comes to ICO's could be helpful.
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reflector
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September 27, 2017, 06:25:20 PM |
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Of course it is good to regulate it, because there are so many scams. Just look at the forum here, how many newbie started ICOs you see, almost all of them are scams and junks.
Some may scam us in ICO but almost 70% ICO token sale are genuine only. However, regulating ICO is best for all the people but need to think that they might do any political amendment like we see what China done to bitcoin. We need to be careful about that.
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ev3nout
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September 27, 2017, 06:27:08 PM |
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Regulations protects investors - so yes, it is
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Voice-Of-Reason
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September 27, 2017, 06:29:31 PM |
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I can only see this as something good, 95% ICOs are scams or just stupid projects with no future...
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buxlover
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September 27, 2017, 06:33:01 PM |
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Sounds good to me and let me mention first that I'm not form any of the country's that you mentioned above. Lols. I think regulating will bring us good in the form of security and safety of our hard earn money. For now we are putting the money straight into ICO accounts who are thousand miles away and we don't even have any physical contact address. We can't see them or talk to them and it makes uncomfortable sometime so the investment can turn upside down anytime.
With regulation these entities will have to register themselves to the government and it will get mandatory for them to leave behind the PO box no. That's would be little relaxing and we can be assure that our money isn't going anywhere even if they fail in the goal.
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wurth
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September 27, 2017, 06:35:05 PM |
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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 It seems the ICO market has made the ecosystem of the cryptocurrency world get worse. But I do not think it made much like that, because this field also like Stock market, but the nature speculative really higher than Stock because the price of ICO tokens easily to control by someone.
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kimochidesh
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September 27, 2017, 06:36:59 PM |
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Regulated ICO's!!!!.....seems like an interesting topic. But I think "regulation" simply contradict the basic feature of ICO i.e Decentralization. If any kind of regulation will be imposed then it would be an IPO not ICO. Again being global who will impose regulation on it...I mean which central authority!!! Regulating ICO seems like an impossible task in present date.
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disconnectme
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September 27, 2017, 06:43:23 PM |
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There is no way regulation will not come in, ICO projects have raised close to $2.5 billion this year alone and we are just ending the third quarter and alot of projects are still line up for ICOs at this rate by the end of the year we would have passed $3 billion, that is a huge amount of money, so something need to be in place to keep them in chech and balance unless all these will just collapse and most people will not survive the loss
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aborjin
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September 27, 2017, 06:46:48 PM |
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I do not think this is a bad effect. Regulations do not scare people. They give people confidence. It actually means the definition of countries.
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ice888
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September 27, 2017, 06:50:11 PM |
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I think it is very positive to see regulation appear in the crypto space. If we are to see growth past the threshold that we are currently at it will be very difficult without regulation and having the government on board. Also this will create an opportunity for institutional money to pour into this space. Exiting times
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rainbow169
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September 27, 2017, 08:56:36 PM |
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Although at the start of the regulation, it may hit innovation and market a bit but over a long time, regulation is only good for the crypto market. Only with regulation the majority can invest in ICO with confidence. The early adopters will also benefit from the increase of market cap.
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nicosey
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September 28, 2017, 03:28:39 AM |
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Education has always proved to be a better approach to regulation.
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aoihs00
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September 28, 2017, 03:59:18 AM |
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That's really good topic you have opened up here. It's very relevant to current situation and must be discussed before t gets over the head.
Well, looking at current scenario country's are doing that in particular with avoiding the spam rates and saving the investment of nations people. Because when the regulations are implied then every ICO will have to get the license first so that they will be registered as legal entity within governing body. So our money will be completely safe and traceable.
But according to the cryptic person this would be bad idea. With regulation we will loose that very spot of decentralised and anonymous functions of crypto world. The price might just get restricted to some xyz rate and may not reach the sky as it does right now. Who knows people ma not take interest anymore as they will think they will have to expose there money and identity as well. May be it's not good in that perspective.
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reliable
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September 28, 2017, 04:04:16 AM |
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If as a investor I think it's the best idea to regulate so that atleast I am sure that my money would not be scammed and it's safe when it's regulated . This would ensure that all the bad people are kept away when the ICO raises money and they would be responsible for the public money .
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senin
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September 28, 2017, 04:34:03 AM |
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In general, state regulation of ICO is a positive factor in the functioning of cryptovata. The state proposes to the team that is going to hold ICO certain requirements that identify each member of the team and exclude possible risks when investing in this campaign. Thus, the state takes upon itself the protection of investors and makes the ICO transparent. Each investor after this in court can prove his case, since these relations will already fall under the jurisdiction of this state.
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emberbekas
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September 28, 2017, 04:45:18 AM |
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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.
Regulating ICO would be very good in my opinion. Investors will get the assurance that they will not be deceived in the future. And of course, investors who are not currently interested in ICO's will rethink.
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finaleshot2016
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Degen in the Space
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September 28, 2017, 05:01:59 AM |
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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. Apart from the purpose of regulations what also matters a lot is the key audience which is getting affected by them. For most of ICO creators it is bad, because they won't be able to scam others as easily as they could before. The prices of platform coins like neo, waves and eth are likely to drop or at least not reach what they could've reached with lots of icos. As for the traders - well, it's what makes the market safer, so I guess less risk is a good thing mostly. ICO should be regulate for us to prevent some scams, we need to have a proper way to introduce or implement a new project. They should state the possibilities and other informations that is needed to satisfy participants. ICO involves a lot of money, it is not easy to give or reward money, we should have proper system in having ICO. We should clarify things for us to be cleared out on this situations.
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