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Author Topic: Is ICO regulation good or bad?  (Read 31491 times)
stackholio
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October 19, 2017, 07:56:51 PM
 #301

I would love to see a global/industry standard/framework for ICO regulation. A simple guideline for participants to safely and legally contribute to an ICO is definitely needed. Bancor seems to be on the right path in regards to this. The reality of the matter is that companies need to conform to the legal rules set in place by the country of residence if they wish to succeed. Perhaps a foundation would be the best way forward as they would have the capacity to lobby on the industry's behalf in countries that ban or severely regulate ICOs.
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October 20, 2017, 02:20:30 AM
 #302

In my opinion, it is good for ICO market as bad elements automatically removed after regulated market. Some ICOs collect money and run away without delivering their promises and regulations bound them to follow the guidelines otherwise they cannot enter the market.
Although it may be pretty nice to make money nonstop through various ICO's, there will always be new people trying to make money on new projects. That is why there is so many ICO's nowadays.

 
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October 20, 2017, 03:40:45 AM
 #303

LOL @ people that think regulation is going to magically stop scammers. Do your diligence and don't expect a nanny state to do it for you.

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October 20, 2017, 03:49:04 AM
 #304

Its good as well as bad too. Good is that, chances be scam will be less.
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October 20, 2017, 03:51:18 AM
 #305

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 am in favor of that for it will help to lessen the scammers if it will be regulated effectively. We cannot control someone doing such a scam thing but at least when there are rules and limitations before launching a particular ICO, scammers may be warn by doing such things.

But, i guess, doing such regulations is a very hard thing to do because we cannot control everyone from posting in the internet.

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binghuyiyue12
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October 20, 2017, 04:06:23 AM
 #306

As long as it can be beneficial to the development of ICO, you can not prohibit it
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October 20, 2017, 04:11:57 AM
 #307

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.

maybe if the country set ico it is a good thing. avoiding the scam that developers do. especially if in all countries legalize bitcoin. I guess bitcoin will rise 100%

The only reason why ICO's are being regulated is set a rules to be fair between investors and ICO's Dev. To run it smoothly that every individuals have a chance to express their interest towards the project.
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October 20, 2017, 04:18:36 AM
 #308

ICO regulation is a bad. It is bad because regulation will kill creativity nd originality! The operator and the developer will not have enough space to work. They will be distracted spending quality time and resources on admnistration, compliance etc. It take time to develop something worthwhile.
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October 20, 2017, 04:19:15 AM
Last edit: October 20, 2017, 04:30:08 AM by CryptoBerd
 #309

Let's face it.  As long as we have a government, we will not be able to escape from regulations.  I agree with many that have mentioned that as long as it is not a ban, some regulation will continue to promote the growth of Crypto is actually quite healthy.  Regulations can also help to reduce scams where people's hard earned money gets cheated away.  

I found this ICO quite interesting, as it is seems to be similar to what we are talking about here as they are working towards a Government regulated business model.  With this model, you get the support from the regulators (governments) and you get to enjoy mass adoption by the public.  To stimulate mass adoption, they are also giving away free tokens to EU citizens.
I like to pick the brains the experienced crypto investors here.  What do you think of this?

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October 20, 2017, 04:27:10 AM
 #310

...
thinly veiled sales pitch


You want my opinion, ok it sounds like your a sockpuppet trying to push this shit.

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October 26, 2017, 01:44:31 AM
 #311

i think maybe ICO regulation is good choice from worst. than it happens ICO banned, the development team can not run the project, with ICO regulation I think developers can still have a chance to run ICO. so ICO regulation is better than ICO banned

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October 26, 2017, 01:50:27 AM
 #312

Yes it will protect investors from scamming scumbags that are making ICOs.

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October 26, 2017, 03:15:21 AM
 #313

I still don't know to make an opinion for this ICO regulation
but according to the fact on each country the ICO will get a support from government if them make a innovation who can make advantage for the government, so many developer compete each other to get government's interest.

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October 26, 2017, 03:33:41 AM
 #314

Yes it will protect investors from scamming scumbags that are making ICOs.

I agree. A lot of people see that making regulation of ICO means it is illegal to do ICO. It is usually not the case. There is even more ICO ongoing in many part of the world that is not surface in the bitcointalk forum. One example is China's Tron, it got so huge in China that a live boardcast will have 250k viewers. Many of the China exchange will even have platform for ICO to sell their tokens.
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October 26, 2017, 03:42:06 AM
 #315

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.
ICOS are considered as a loophole in the world economy as there is no legal action for people to raise funds online, but offline there does exist regulations. So some *over smart* people decided to scam people and not face any issues, some got successful and some didn't. So economies decided to regulate this, so that the same doesn't occur again and again. Plus if it's regulated, security exchanges like SEC will always have their eyes on them.

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October 26, 2017, 04:04:37 AM
 #316

I think ICO regulation is a good way for us. too many scam ICO and dev team doesn't have any responsible with their project after end ICO

Someone used my Account for 3 Month, why would someone do this?
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October 26, 2017, 05:29:16 AM
 #317

ICO regulation is a good thing as it controls the creation of many coins (scam or not) that somehow disrupts the balance in the economy of the country to a certain degree. Regulation also means that laws would have been implemented to protect legitimate investors against fraud and scams. It might look bad at first but it'll do good on the long run.
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October 26, 2017, 06:04:13 AM
 #318

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.
For me yes it is. Our investment and money are safe if it is regulated because the team will face consequences with the government if they were doing something fishy like it's project will turn out to be a scammy one. You are right it is gonna happen sooner or later even we agree with it or not. Good thing for those who invest only their time like joining in signature bounties with the ICO. Bigger players or investors on ICO's will I think spend more money on it and would turn the game even better. Token prices will surely skyrocket as soon as it will hit the exchanges.


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October 26, 2017, 06:42:41 AM
 #319

Yes it will protect investors from scamming scumbags that are making ICOs.

I agree. A lot of people see that making regulation of ICO means it is illegal to do ICO. It is usually not the case. There is even more ICO ongoing in many part of the world that is not surface in the bitcointalk forum. One example is China's Tron, it got so huge in China that a live boardcast will have 250k viewers. Many of the China exchange will even have platform for ICO to sell their tokens.
Therefore, the Chinese government decided banned this market and they do not want a speculation market grow more in China. Honestly, almost the ICO projects from China are projects for ponzi, it happens fastly and you will not have chance to buy token if you do not spend your time and keep your eye before open crowdsale.
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October 26, 2017, 06:47:34 AM
 #320

ICO regulation will have a good impact if a country can accept Cryptocurrency. And vice versa. Because every regulation has good intentions for investors, to avoid unofficial investment. So, the regulation is good.
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