Reducing scam

[freedomgo]

I know that regulation means less income but it is better than no income at all because of the scammers.

What is your basis on your statement? I believe regulation will make the market profitable as it will attract investors to risk their money again.

[HK88]

I think to reduce the ico project that needs to be done is.
1. Crypto Regulations
2. Auditing Smart contracts
3. Implementation of KYC for Large investors
and the rest we as users must choose in choosing projects, not easy to believe before researching the contents of their entire project. I am a beginner who is not an expert in choosing projects but knows little about how to avoid projects that are not clear.

[Samboo]

I also believe whatever bad is going on in the good crypto market, be it scamming or hacking, regulations may help. And it is high time controlling such hacking and scamming to retain the good image of cryptocurrency. Many people may think regulations will affect the market. Yes it will affect, but only for short term. In the long run, it will help.

[Tylev]

I have read that regulations and laws are being worked out for icos and crypto in most of the countries especially Australia and Europe is actively working on the regulatory framework, after they implement their regulatory framework for crypto i think many more countries will follow.

Yes, I also agree that fraud in ICO projects can be defeated only by the regulation of such projects by the states. Other methods of dealing with fraud in these ICO projects have proven to be ineffective. After the start of such regulation, these projects can again regain their former popularity and I hope that this will happen soon.

[joshy23]

I also believe whatever bad is going on in the good crypto market, be it scamming or hacking, regulations may help. And it is high time controlling such hacking and scamming to retain the good image of cryptocurrency. Many people may think regulations will affect the market. Yes it will affect, but only for short term. In the long run, it will help.

From it's positive points of views, regulations will help those who are not interested with this industry due to some obstacle that interfere for them to
invest their money, with regulations they will be attracted since hacking and scamming will be lessen in such manner, in the long process newbies will
step in and start trying to make something from this market.

[Deallove9]

Crypto is growing on daily basis and the main way to makes it work is getting outdated with lot of scam project has the greedy in human will always come out from them but I prefer the regulatory board from every country which will standardized the technology for real use.

[42K]

I think crypto is growing on daily basis. As a result, more people are also joining cryptocurrency day in day out. Mind you these people here may be scammers so its important to take note and be careful in whatever thing you do.

[cafee_orange]

I think the thing that needs to be done is to make more stringent regulations so that ICO makers are more afraid if they try to make ICO a scam, it is true that no one forces people to invest, but please note that the crypto world reputation will be destroyed in the eyes of the world if a lot of scammers are still free from fraud here. people will be more takun to invest.

[cahbagus555]

I think the thing that needs to be done is to make more stringent regulations so that ICO makers are more afraid if they try to make ICO a scam, it is true that no one forces people to invest, but please note that the crypto world reputation will be destroyed in the eyes of the world if a lot of scammers are still free from fraud here. people will be more takun to invest.

I am agree, if more scammers in crypto market, people who want to invest must be afraid. Regulation from government about ICOs is needed because its like investment market and cryptomarket value always growing bigger and this is need government protection

[cryptonight9631]

BE PART OF THE SOLUTION. This is the only way I can help the community. ICO encounters many trials and problems and we must help the community by doing the right thing instead of creating a problem too. Helping people is very good but we need to teach them also to be responsible enough for their actions.

If we encounter some projects that we can see that it is scam. For sure they have a bitcointalk account, so we can red trust that project in order for them not to get more victims.