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Author Topic: Is regulation good or bad?  (Read 30802 times)
carbal1987
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April 30, 2019, 09:52:31 AM
 #681

in future regulation will come I think it will be good for the whole cryptocurrency market
I hope there will be fewer scams project
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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trumplove
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April 30, 2019, 10:44:34 AM
 #682

in future regulation will come I think it will be good for the whole cryptocurrency market
I hope there will be fewer scams project
yes maybe that is a good thing because it will be tighter and will reduce fraud so that we can be safer and more comfortable in running their business.
regulations are sometimes good but sometimes there are also sides that are not good, depending on their needs in Cryptocurrency.

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April 30, 2019, 05:53:53 PM
 #683

I think regulation is necessary and good to some extent. They help protect people from losing tons of money and keeps communities safe. I think companies like Ciphertrace will be super important in the space because of their AML services which people don't realize they need until it happens
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April 30, 2019, 05:59:22 PM
 #684

Regulation is not a problem of good or bad, but how the government's partisanship in carrying out and compiling the regulation itself. I hope that in the future we will have regulations that can win win solutions, so everyone can benefit from the regulation.

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April 30, 2019, 06:11:03 PM
 #685

I think regulation is a must,in order to control how people use it,anyway bitcoin is still  a currency that needs someone to regulate the usage of bitcoin in order to lessen illegal dids like scamming or whatso ever.Plus regulation will really help to make bitcoins price stable and lessen the volatility

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April 30, 2019, 06:43:51 PM
 #686

The phase through which crypto market pass it must need regulation for many obvious reason. The first is it is s blog sep forwatd reward legality and acceptibility among international govt. The Second it create fear among scammers. Third it bring back the confidence of investor

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April 30, 2019, 06:51:04 PM
 #687

Regulation is not a problem of good or bad, but how the government's partisanship in carrying out and compiling the regulation itself. I hope that in the future we will have regulations that can win win solutions, so everyone can benefit from the regulation.
That's what everyone is eyeing a win win solutions for both ends, regulations is good in order to removed every single scam inside and give some assistance with investors to lessen risk and continue a healthy trading practice, regulations should be implemented for the benefits of both the government and the crypto users.
JuliaJi
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April 30, 2019, 07:09:53 PM
 #688

from one side it is good, it will helps to fight with scam, from another side - regulations cant exist with decentralisation, cause it the main idea of cryptocurrency
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April 30, 2019, 07:51:45 PM
 #689

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?
I am also of the opinion that high regulations should be set in the crypto community. A lot of investors have fall victim of scammers ordeal which could have been avoided if adequate and sufficient regulation are put in place. If the first investment made led to being scammed, the trust might be lost right from the beginning.
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April 30, 2019, 08:10:52 PM
 #690

Depends on how the whole regulation thing is implemented by. In my opinion we need regulations in some areas. Cause in this market bad people and scammers are very active. And most of the time they target the new investors. For this reason many government what to implement regulations. And also the ICO area is not good. And we need some regulations there also. Cause most of thebico projects are scam. And without regulations it's hard to stop this thing. So if somecan can use this rules and regulations in a proper way then it will be great. So in some section of the whole ecosystem it is really needed.

 
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beehimneff
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April 30, 2019, 08:23:17 PM
 #691

I also very much hope that the regulation for the cryptocurrency will only benefit, but there are strong doubts about this. And by the way, no one cares about your Bank account, as long as it is only a small amount of money.  Wink
mrdeposit
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April 30, 2019, 09:34:58 PM
 #692

I think regulation is a must,in order to control how people use it,anyway bitcoin is still  a currency that needs someone to regulate the usage of bitcoin in order to lessen illegal dids like scamming or whatso ever.Plus regulation will really help to make bitcoins price stable and lessen the volatility
If btc is accepted as a currency, maybe yes. But, it is unnecessary if regulations will only be done to reduce our earnings. On the other hand, I think this arrangement is difficult in the decentralized system.
IParn
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April 30, 2019, 09:47:59 PM
 #693

Watching what we want.  If we want everything to control the axis and hang, then we need regulators.  If it was left as it is now decentralized then not needed.

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Youghoor
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April 30, 2019, 10:10:19 PM
 #694

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.

Regulation is simply putting the total power needed to control the day to day activities of the crypto ecosystem into the hands of one person or a group of people or an institution. This goes against the main principle and the ideology of cryptocurrency and blockchain technology. Regulating the entire crypto space is totally a bad idea.
Redemption59
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April 30, 2019, 10:26:16 PM
 #695

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 is a good idea in the crypto industry, majority of the mass population fears entering this industry because there is no regulation. the major problem the mass population is waiting for regulation to curb it away is SCAM. People have been scammed in diverse ways and this has brought fear for them to enter this unique crypto industry. I think and know that regulation is the key to mass adoption which is very good.

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ziggy21
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April 30, 2019, 10:44:19 PM
 #696

Like any such procedure, the outcome isn't impeccable from begin. In the event that the procedure is driven by substances against Bitcoin, the main outcomes will be horrendous.

Truly, toward the end it ought to be useful for everyone, except it might be significant additionally what happens "in the middle". Also, that is the reason our side should endeavor to deal with certain drafts, if conceivable (I truly don't have a clue how).
kemetz
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April 30, 2019, 10:55:53 PM
 #697

I personally strongly agree and agree with your view of the regulation of cryptocurrency going forward because all will be better, I think most people throughout this country also want clear regulation of crypto in the future.
thus the future of crypto itself will be much better, in addition to its users who can feel safe later on the projects circulating also there will be clear rules from the government and projects that have the potential to scam will not be able to escape if it is not in accordance with the regulation.

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April 30, 2019, 10:58:03 PM
 #698

We certainly need some sort of guideline in cryptos, on the grounds that such huge numbers of individuals are propelling ICOs just to profit. When enlistment reflect comparable shopper assurances, there will be progressively motivator to grow better venture. Guideline is required and invited; to a sensible degree.

kogozer714
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May 01, 2019, 01:23:07 AM
 #699

yes, I agree that bitcoin or altcoin other types of cryptocurrency must be regulated in trading. and regulation does not mean that we must let go of freedom but instead, rules protect us from such deception and maintain trust.
Alucard2425
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May 01, 2019, 01:38:04 AM
 #700

I think regulation is needed in any aspect this maintain order and peace so that their will be no dispute  Wink
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