colenax
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Bcnex - The Ultimate Blockchain Trading Platform
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May 04, 2019, 08:10:15 AM |
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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 think there is always a bad side and a negative side, especially for regulations which are the legal umbrella for the crypto industry. I can't describe it harshly, because the current gerulasi isn't there and in fact we will really need it to protect investors, especially ico who is a scam. regulation can prevent ico who only makes quick money and who does not have the potential especially those that do not have the crypto characteristics themselves.
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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gasparik87
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May 04, 2019, 08:22:59 AM |
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I am really looking forward to regulation, because only in this way can the market develop further. And now there are plenty of speculators and scammers.
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Boombull
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May 04, 2019, 09:30:10 AM |
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Regulation will be very good for the industry and the sector that needs to be regulated are ICOs and all these centralized exchanges. ICO need to be regulated in order to reduce scam projects and exchanges need to regulated in order to reduce bad actors among them and provide more security for users funds.
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simpelplan
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SmartFi - EARN, LEND & TRADE
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May 04, 2019, 09:58:37 AM |
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as we know that the government has not fully accepted the existence of bitcoin, therefore with the existence of crypto regulations from each state government and this will have a good impact on bitcoin and can reduce fraudsters also with the existence of regulations.
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n0ne
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May 04, 2019, 10:00:52 AM |
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I am really looking forward to regulation, because only in this way can the market develop further. And now there are plenty of speculators and scammers.
Even if the entire market is regulated there will be scammers around, in my view if things gets regulated it is same as functioning under a centralized network. When decentralization is no more functional automatically the value and the usage will decrease. People are much into it depending on its decentralized growth and anonymity.
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anatolij.shishkin
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May 04, 2019, 10:19:42 AM |
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I'm not happy with regulators. Each country is trying to make its regulator and all kontralirat. What about free investment. Such regulated projects will not bring profit. And that means not worth the risk and invest in a bank or in another project.
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Galantin
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May 04, 2019, 11:36:40 AM |
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There are regulations, it can somehow attract new investors. If I am new and do not know much about electronic money, I can be more confident to invest if there is an existing standard regulation.
Listen up Such as you and personal affirmations stretched. Newbies Which only for what the government contrived everything. If there is control of profit will not ...
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toast
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May 04, 2019, 11:43:35 AM |
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regulation is certainly very good. now if we look at many people who always ask about the regulation of cryptocurrency in each country because this is very important. where government recognition makes security for these users because it does not violate the rules of their country.
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TheClownSong
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May 04, 2019, 11:52:18 AM |
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Regulation is very necessary for the crypto industry but what we need to underline is that the regulation must continue to prioritize the systems that apply in blockchain technology in other ways the regulation is not the opposite of what is in bitcoin. In addition, with a regulation, people will be more confident with security in investing or trading in the form of crypto.
Regulation should be about ICOs or exchangers. If government regulating exchanger, i think people will not worry again about safety their funds and for ICOs, government should underline on the project and investor money
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Dennicex
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Coinsbit exchange
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May 04, 2019, 11:52:26 AM |
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regulation is certainly very good. now if we look at many people who always ask about the regulation of cryptocurrency in each country because this is very important. where government recognition makes security for these users because it does not violate the rules of their country.
But agree that the state regulation of cryptocurrency contradicts the main theses that are set out in the manifesto of Satoshi Nakamoto.
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BeGoods
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May 04, 2019, 01:35:56 PM |
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Regulation is very necessary for the crypto industry but what we need to underline is that the regulation must continue to prioritize the systems that apply in blockchain technology in other ways the regulation is not the opposite of what is in bitcoin. In addition, with a regulation, people will be more confident with security in investing or trading in the form of crypto.
as a bitcoin user we certainly hope that regulation does not change anything that is the original nature of bitcoin such as decentralization and anonymity. if that happens, then regulation will have positive consequences for all users, but if there are certain conditions for legalization to occur, then the negative influence must be there..
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jabrix
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May 04, 2019, 01:51:22 PM |
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regulation is certainly very good. now if we look at many people who always ask about the regulation of cryptocurrency in each country because this is very important. where government recognition makes security for these users because it does not violate the rules of their country.
Businesses that have regulations are certainly faster to develop because they provide a sense of security for their users and investment is more convincing in investing to have coins that have the potential to rise in the future. Without clear regulations, people are afraid of investment because they risk losing money and no party is responsible because the financial authorities of the country prohibit transactions using crypto.
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Dark Ripper
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May 04, 2019, 01:53:54 PM |
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Regulation is good for some things and bad for others. It is a matter of how the regulations would affect and change the industry. If these regulations would cause a decrease in earnings then it is a bad thing. Just like in games where we earn money. On the other hand, the positive thing about regulations is the response of outsiders. People may be more open to an industry because it is regulated.
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babysweetTiger0401
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May 04, 2019, 05:03:34 PM |
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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 think in my own insight of view there is a good side for crypto and bitcoin and bad side effect. The good side is that the scammer or hackers I think will be gone a little bit. But the negative side of it is that, once that regulation will implement the decentralization will become useless anymore here because the centralization will prevails.
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Marry Finch
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May 04, 2019, 05:32:59 PM |
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Regulation of cryptocurrency states in any case will occur in addition to our desire. This process is necessary and should have a good influence on the spread of cryptocurrency and its introduction into our life. Regulation usually refers to the determination of the official status of a cryptocurrency, the establishment of the procedure and conditions for its circulation in society and, as a rule, the establishment of taxation on this type of activity. If such regulation of the cryptocurrency will be legalized by the majority of states, this will be the legal basis for creating an infrastructure that can ensure the circulation of cryptocurrency as a means of payment. Without such regulation, the cryptocurrency will not be able to further develop.
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igor.vanyutin.83
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May 04, 2019, 05:40:04 PM |
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Depends on your point of view. If you wish that the anonymity should remain on the same level, you should be against any art of regulations, but if you want to prevent scam, you should be for regulations of any art.
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JuanPaulo
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May 04, 2019, 06:56:03 PM |
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Cryptocurrencies were created to be an independent means of payment. Cryptocurrencies value anonymity and independence. That is why the centralized regulation of the crypto market will contradict its nature and the goals of creating cryptocurrencies.
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e@symode
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May 04, 2019, 07:04:37 PM |
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As usual in situations there is no unambiguous global response, as usual for some people it is very good, for example for investors who do not want to show their face, and also very bad for these same people because they need verification
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Myraidcoins
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World's First Crowd Owned Cryptocurrency Exchange
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May 04, 2019, 07:04:52 PM |
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I think that regulation is what the market needs now. There is still a lot of fraud on the market. If we are unable to eliminate them, then this can be a barrier to the arrival of big money on the market.
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okala
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May 04, 2019, 07:19:37 PM |
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I think that regulation is what the market needs now. There is still a lot of fraud on the market. If we are unable to eliminate them, then this can be a barrier to the arrival of big money on the market.
Yes the cryptocurrency market need regulations at this period in time when investors are so depressed due to the prolonged crisis in the ICO market which have lead to many losing there money in the process. And we are waiting for the first country to take the lead in the regulations process.
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