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Author Topic: Is regulation good or bad?  (Read 30804 times)
gredisgold88
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September 25, 2018, 02:36:58 PM
 #181

With the regulation for crypto currencies, it will certainly make lay investors feel safe if they want to invest in crypto currencies and it will obviously make new money into crypto currency.
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mika1977
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September 25, 2018, 06:17:50 PM
 #182

Regulation will clear the market of scams and this is a very big plus. More trust will have people and more money will flow into the industry
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September 25, 2018, 06:21:51 PM
 #183

In my view, regulation will be good for Crypto industry. As we can now see  that many Govt are looking for ways to regulate the industry.

Regulation will be a good thing in the long run. It will build trust for the industry among the masses thereby resulting in mass adoption. With regulation, people will feel more comfortable and have a sense of security to invest in crypto.

I don't believe that regulation means we have to declare our portfolio. Just as nobody cares to know exactly how much you own in the bank.

Regulation will also help in curbing the possibility of using crypto to launder money and place a check and balance in ICO which will make it very difficult for scam ICOs to operate.

I say regulation will in the end be a good thing for crypto..

What's your view about it?

for me, there are two sides of regulation. one side is to have a lower volume of people interested because it will become hard to adopt because if the regulations governing it but the other face is the order which is positive because it will give an order of standards to follow and it will clear to the people what is hot and what is not.


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Utyg
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September 25, 2018, 06:45:54 PM
 #184

The regulation process goes in parallel with the control process. If you start to regulate the cryptocurrency, the Institute of control will automatically begin to develop.That will lead to corruption. Which in itself contradicts the theory of electronic money. And independence of bitcoin decentralization
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September 25, 2018, 07:37:26 PM
 #185

More than seeing it in terms of good or bad, i believe we need to take a look at this subject from the terms - Is it needed or not?

Regulation itself will open the door and create the road towards mass cryptocurrency acceptance worldwide. Could it replace regular currency?. I'm certainly not the one who will make that decision but it would be of extreme help towards a more mature financial system.

Regulation allows countries to get taxes, like from any other economical activity which will of course push acceptance between policy makers in every country. The funny part of it, is that old way of thinking which states that you go for personal or corporate wins or you go for progress - Which is of course a mindset that is not taking into consideration all current aspects. In fact, both can be accomplished.

If someone wants to consider that corruption, they will definitely stop innovation and the development of the whole society due to old ideas that don't necessarily apply to the current interconnected world and a better way of doing things. You won't be stealing anything or deceiving anyone or make anybody responsible starve or anything worse.

It would be the maximum expression of the win-win philosophy that the world have ever seen. And i personally believe it will happen - It's perfectly possible.
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September 25, 2018, 07:41:56 PM
 #186

The proliferation if cryptocurrency into the real world is still evolving. Regulation in the cryptocurenxy sphere is really needed after the experience of the tears past. It will be a welcomed development.

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darkangel020716
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September 25, 2018, 07:52:03 PM
 #187

Regulations can bring us to more secured feature and mass adoption worldwide, although crypto created as anonymous, some of the other people use crypto to do illegal things such as scamming people, laundrying and much more. By means of regulations it can less or stop those bad activities that creates more negative effects in crypto.
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September 25, 2018, 08:30:33 PM
 #188

Of course regulation is good for us , it would make the cryptocurrencies growth smoothly and reduce the scammer ICO .
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September 25, 2018, 08:32:46 PM
 #189

As for me,regulation is better ,because it will cause to smart money ,etf and big funds money flow into crypto market in this case
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September 25, 2018, 09:45:02 PM
 #190

I think that some laws should be created to resolve issues related to cryptocurrencies. I think that if many governments take a close look at this issue, they will be able to create a favorable environment for the growth and prosperity of cryptocurrencies.
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September 25, 2018, 10:16:59 PM
 #191

regulation is a must. But, it must be done smartly, not just blind regulation. However, the absence of regulation gives a great chance of wild profits. And losses Smiley
Which will be good when I earn and bad when I lose Smiley
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September 25, 2018, 10:43:37 PM
 #192

Regulation or so-called centralization has both good and bad sides. Centralization is good from the point of view of protection from scammers, but at the same time the sense of the blockchain as a decentralized structure is lost, which means that someone (not you) will decide for you and for everyone else on what path to go.

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TIDOVEE
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September 25, 2018, 10:52:46 PM
 #193

Yes, regulation should be a good thing because when a thing is not controlled it will be said to loose control until it will become a problem.
Well, regulating cryptocurrency will prevent inflation and allow people not to keep accumulating their token, but when it is still over regulated especially this long controlled value control. It is becoming another thing.
levvv
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September 26, 2018, 01:53:47 AM
 #194

In my view, regulation will be good for Crypto industry. As we can now see  that many Govt are looking for ways to regulate the industry.

Regulation will be a good thing in the long run. It will build trust for the industry among the masses thereby resulting in mass adoption. With regulation, people will feel more comfortable and have a sense of security to invest in crypto.

I don't believe that regulation means we have to declare our portfolio. Just as nobody cares to know exactly how much you own in the bank.

Regulation will also help in curbing the possibility of using crypto to launder money and place a check and balance in ICO which will make it very difficult for scam ICOs to operate.

I say regulation will in the end be a good thing for crypto..

What's your view about it?

Regulation in general should be required to ensure the security. In cryptocurrency, if a good regulation applied, then your portfolio will be safer.
If no regulation, maybe crypto can be used for bad things like money laundry, etc. My point is, regulation in crypto should not restrict us from doing great things with cryptocurrency.
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September 26, 2018, 02:05:23 AM
 #195

I think regulation in the crypto world if only for the benefit of some parties, it cannot be accepted but if it can have regulations that can benefit from various parties I think that is a worthy thing to follow.

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September 26, 2018, 02:09:23 AM
 #196

I agree with you.  Regulation is what will make crypto viable in the long run.
I suppose we would like to see these crazy pumps where you can get 100% plus profit, but that's unstable and unreliable.
The best thing is steady long term growth.

Also, I believe the #1 thing holding back crypto right now is that institutional money is hesitant to jump in.
These are the VCs, hedge funds, and brokerage groups that have yet to fully jump into the crypto game.
The main reason is because crypto is so risky.
With regulation, this will allow for these types of investors to start investing and picking up the volume.
Then, we will finally see the market mature and grow in a stable way.
until then, crypto is still the wild wild west.

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September 26, 2018, 02:18:05 AM
 #197

Regulation is always good because we can able to see some projects authorized by the government which will help us to find the potential project. In this way, we can easily keep track of the companies for further development after the crowd sale.
libert19
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September 26, 2018, 02:24:29 AM
 #198

I assume it will be good but as always every coin has two sides. Scams are rampant these days so some regulation will help curb it better.

People find security in regulated things, so may help in crypto mass adoption as well.

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mizamuneerashine
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September 29, 2018, 08:12:32 PM
 #199

If the crypto is free of scam, then regulations is not needed but with so many people who are victim of these scammers and using crypto to make money from people, then we need regulations to step in . It will not be the best solution but somehow it could lessen the problem.

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September 29, 2018, 08:26:42 PM
 #200

If the crypto is free of scam, then regulations is not needed but with so many people who are victim of these scammers and using crypto to make money from people, then we need regulations to step in . It will not be the best solution but somehow it could lessen the problem.

Regulation is needed, this way it will call a white money, it will come under taxes and crypto community needed to pay the taxes as well, it will help the countries honestly.

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