Do we need regulations?

[Capt00]

Absolutely yes, There will be chaos or abuses happens when we don't have proper program in an event. Somebody would grab the opportunity to cheat or scam to the public just to fulfill their needs and wants,  

Agree with that, it seems to be not nice to hear about complaint on scam project existed in here.  With that certain regulations policy it may help to wipe out scanners and make clean the entire cryptocurrency. Do we don't want to be regulated cause we worried that government will take control to us, but maybe this time as cryproworld growing widely we shall make any consideration.

[Pinkris128]

Every now and then we need always a regulations in order to have a proper process or anything else because regulation intends to regulate what people are allowed to do, and I think that in crypto world we need a regulation to have a clearer transactions for all.

Yes we all need regulatioan to be follow to make everything organized and clear. We all know that with regulation people become obidient and it makes everything more easy especially for the transaction. If theres no regularion it will be a threat to other as no one manage it. But when government will regulate it I think they will become too much again like what they are doing right now.

[Bitbratt]

If it will be regulated by the government then it will no longer be free or decentralized and the essence and advantage of bitcoin being decentralized will be gone so if it happens there will be less and less people who will have interests in cryptocurrency. If there will be no community supporting it because they no longer like it being regulated, then it will die also at the end. Both the government and the people will not benefit from it.

[coolcoinz]

In every action, there should always be a regulation to apply. If there is no rule or regulation, we will be on chaos. Nothing good will happen and there will be no direction. For instance in bitcoin, I hope that may there be some regulations to be posted for it soon so that it won't be used in illegal acts.

Rules and government regulations are not the same. Obviously it's hard to live without any rules.
The problem with government regulations is that they usually end up asking for money. The government won't spend time to regulate something if it won't mean profits. This means that it will require exchanges to buy out licenses, users to pay taxes for using Bitcoin, not only for exchanging it, they will want to watch your every move and stick their fingers in every cookie jar

[pitiflin]

How do you guys think? Do we need regulations in the crypto world? Should only ICO be regulated or legit coins (not "security tokens") too? Can we implement regulations mechanisms in code so that corrupted governmental institutions couldn't manipulate the industry? Can we still have free market with governments' regulations across the world?

Please, share your thoughts. I'm a bit confused about what's happening right now.

IMO regulation is better inconsiderate of how many people hate it,regulations helps in minimizing scams ,at least to some extent. Regulation should there for anything related transfer of money.
"Corrupted governmental institutions" don't necessarily manipulate industries as you think they do. They are just made up for some cases and they are real for some.  

[Leopardon29]

I totally agree that we need some form of regulation and that it is important that all users follow a set standard of rules for everyone's benefit.

[A L I E N]

Actually market is very free, but I agree with that we need regulations related to ico. I think such regulations will have a good effect on the market in the long term.

As for ICOs, yes, the regulations will protect us from scammers and dishonest people with their fraud projects. However I am not sure still that the regulations of crypto are needed as well.

[clrpod]

How do you guys think? Do we need regulations in the crypto world? Should only ICO be regulated or legit coins (not "security tokens") too? Can we implement regulations mechanisms in code so that corrupted governmental institutions couldn't manipulate the industry? Can we still have free market with governments' regulations across the world?

Please, share your thoughts. I'm a bit confused about what's happening right now.

IMO regulation is better inconsiderate of how many people hate it,regulations helps in minimizing scams ,at least to some extent. Regulation should there for anything related transfer of money.
"Corrupted governmental institutions" don't necessarily manipulate industries as you think they do. They are just made up for some cases and they are real for some.  

Regulation is so important for cryptocurrencies before they can really start to become adopted. We've already seen sites like Facebook stop adverts because there are too many scams. Regulation will help to stop such things and allow cryptocurrency to return to their ads. This is just one of many potential examples.

[eaLiTy]

In every action, there should always be a regulation to apply. If there is no rule or regulation, we will be on chaos. Nothing good will happen and there will be no direction. For instance in bitcoin, I hope that may there be some regulations to be posted for it soon so that it won't be used in illegal acts.

The crypto currency market is active for more than 8 years and what chaos and direction are you talking about,people who does illegal activities will find a way to carry forward their business,you cannot blame crypto currency for that. Everyone started and became interested in bitcoin because there is no government intervention and even now they cannot do anything,all they can do is to monitor the flow of money from the bank and tax the profit you make from it.

[posi]

I think the government are using the regulation in other to avoid or prevent scam and fraud. In my opinion legit coin don't need to be regulated and ICO only are to be regulated to avoid or stop fake ICO.

[Oceat]

In every action, there should always be a regulation to apply. If there is no rule or regulation, we will be on chaos. Nothing good will happen and there will be no direction. For instance in bitcoin, I hope that may there be some regulations to be posted for it soon so that it won't be used in illegal acts.

The crypto currency market is active for more than 8 years and what chaos and direction are you talking about,people who does illegal activities will find a way to carry forward their business,you cannot blame crypto currency for that. Everyone started and became interested in bitcoin because there is no government intervention and even now they cannot do anything,all they can do is to monitor the flow of money from the bank and tax the profit you make from it.

Crypto currency was indeed being used before and until now as a payments not just for illegal activities but also for normal transactions for every purchase. And yes, we can't blame crypto currency because every thing that has a good intentions was still being used for bad and illegal activities. Satoshi's point of making Bitcoin was to make a decentralized currency that no one had to control it and yet it is being used for illegal activities. Governments are making regulations due to uncontrollable movement of money through crypto currency and somehow it is for our own good to follow.

[Rollex]

How do you guys think? Do we need regulations in the crypto world? Should only ICO be regulated or legit coins (not "security tokens") too? Can we implement regulations mechanisms in code so that corrupted governmental institutions couldn't manipulate the industry? Can we still have free market with governments' regulations across the world?

Please, share your thoughts. I'm a bit confused about what's happening right now.

I think yes we do really need regulations to be implemented into the world of cryptocurrency because of they are virtual, many people can easily jump in and have an access with the world so we need to be able to have such regulations to keep the balance within the world to keep the equilibrium on moving to avoid such worst things to happen such as being greedy and crimes are being blamed to the wide usage of cryptocurrencies.

[7788bitcoin]

I think the government are using the regulation in other to avoid or prevent scam and fraud. In my opinion legit coin don't need to be regulated and ICO only are to be regulated to avoid or stop fake ICO.

The governments around the world are planning to restrict the flow of money around the globe,sure there will be strict regulations regarding ICO in the future and every government is trying to come up with some regulation that would stop the abuse of illegal money flow and scams,but it is really difficult to see every country coming up with these regulations,there will be always free heavens even for ICO.

[jhongzjhong]

How do you guys think? Do we need regulations in the crypto world? Should only ICO be regulated or legit coins (not "security tokens") too? Can we implement regulations mechanisms in code so that corrupted governmental institutions couldn't manipulate the industry? Can we still have free market with governments' regulations across the world?

Please, share your thoughts. I'm a bit confused about what's happening right now.

I think yes we do really need regulations to be implemented into the world of cryptocurrency because of they are virtual, many people can easily jump in and have an access with the world so we need to be able to have such regulations to keep the balance within the world to keep the equilibrium on moving to avoid such worst things to happen such as being greedy and crimes are being blamed to the wide usage of cryptocurrencies.

Crypto currencies doing crimes or illegal activities used is strictly prohibited in our government, that's what happen to some countries that they can't accept bitcoin in their place because of that possibilities happen. They can't controlled crypto's especially bitcoin due to decentralized coins it means no one behind this crypto's just to be control.
I think this regulation to our country is good for us to keep us safe from any scam attempt.

[ecnalubma]

How do you guys think? Do we need regulations in the crypto world? Should only ICO be regulated or legit coins (not "security tokens") too? Can we implement regulations mechanisms in code so that corrupted governmental institutions couldn't manipulate the industry? Can we still have free market with governments' regulations across the world?

Regulations? Yes I believe so..In order for our community to grow in good faith we need some regulations too. Without regulations crypto ecosystem might collapse because of chaos,scams and disorders, just Imagine a world without law the unlawful acts will reign. I believe that in order for an ecosystem to survive we need some crafted guidance, its not just all about profit but we need some protections too.

[lucas_lewit]

we can see now there are still some countries that are not agree with the transaction bitcoin and assets of the other.If the rules for this problem exist, then this is one good step considering the country like russia who started to develop bitcoin science.

[Masongrae]

Yes, it is good to have regulations, to have an organized transaction, so it helps the system or blockchain run smooth and proper flows. And to be clear, and a disciplinary to everyone.

[Sled]

How do you guys think? Do we need regulations in the crypto world? Should only ICO be regulated or legit coins (not "security tokens") too? Can we implement regulations mechanisms in code so that corrupted governmental institutions couldn't manipulate the industry? Can we still have free market with governments' regulations across the world?

Regulations? Yes I believe so..In order for our community to grow in good faith we need some regulations too. Without regulations crypto ecosystem might collapse because of chaos,scams and disorders, just Imagine a world without law the unlawful acts will reign. I believe that in order for an ecosystem to survive we need some crafted guidance, its not just all about profit but we need some protections too.

I agree with you. We need regulation in order to make things good because we cannot just use bitcoin on whatever we wanted to do with it because we need to have some regulation so we can maintain things and avoid chaotic situation because you are right that without the laws in a country then the people will not be discipline and they will just do what they want without thinking of the consequences.

[rockyboy]

Actually market is very free, but I agree with that we need regulations related to ico. I think such regulations will have a good effect on the market in the long term.

I agree too.  Regulations are needed to limit the scammers from creating an ICO for their benefits and ruin the credibility of bitcoin and other upcoming projects.

[Cherylstar86]

Actually market is very free, but I agree with that we need regulations related to ico. I think such regulations will have a good effect on the market in the long term.

I agree too.  Regulations are needed to limit the scammers from creating an ICO for their benefits and ruin the credibility of bitcoin and other upcoming projects.

Definitely, we need regulations. The regulations is very important for each and everyone of us here in crypto currency community which will set as good agreement and terms and conditions to be implemented between different parties. Also, regulations like both parties that need to be settled after the possible actions that may apply. It also helps to avoid those scammers that will joined on the forum which might cause bad effect. As time passes by their might possible regulations that will include so that it may implemented for the good of all.