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Author Topic: Is regulation good or bad?  (Read 30804 times)
lyks15
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May 07, 2019, 01:43:07 AM
 #781

Regulation have a good and bad faces. If regulation will be implemented itbis good i n our daily transactions and it will be morr easy and less hassle. But if we think on the other side many of us will be affected. More employees will become unemployed because all transactions will be online and for the small merchant their business will be die because they cannot afford to upgrade their system.

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May 07, 2019, 01:47:45 AM
 #782

I agree with your point of view. regulations restricting certain phishing projects. create trust for investors. The important issue is that the regulation will not be the purpose that the blockchain has built
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May 07, 2019, 06:44:35 PM
 #783

I agree with your point of view. regulations restricting certain phishing projects. create trust for investors. The important issue is that the regulation will not be the purpose that the blockchain has built
one way or another with problems, you will need to do something, which today is very bad for the cryptocurrency market.  If the cryptocurrency market did not have such a large amount of fraud, then the regulation would have filed by itself.  Based on this, not only conversations will be conducted, but it will also be possible to conduct certain actions, which is already happening with certain trading platforms.
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May 07, 2019, 06:51:22 PM
 #784

Regulators will be relevant only if the government approves the cryptocurrency.  Otherwise, they are not very necessary.  Because they will influence the course.

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May 07, 2019, 06:53:37 PM
 #785

actually I really support the regulation even I hope that all projects or ICO must pass the regulations first so that the possibility of scam can be minimized but I realize that it will not be realized in the near future, while I cannot just sit still when this business grows therefore I decided to continue to like, trust and support crypto even though there are no regulations while waiting until the regulations really become an absolute requirement for all projects or ICO
I think that the regulation will be in the next year or two, so everyone has to wait a little bit! I also a supporter of the regulation of our market
The regulation process is not required to run a crypto business and the alternatives can be the biggest threat to the governments. Even blockchain companies can create another way to check the project's trustworthiness.
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May 07, 2019, 07:28:25 PM
 #786

Regulating cryptocurrency is a bad thing but i think government can make the decision to do that which will be bad news for the investors

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May 07, 2019, 07:44:12 PM
 #787

Why ask for good or bad regulation, if it has long existed on the cryptocurrency market. Most exchanges - are centralized and belong to the owners, who among themselves are in agreement.
Exchange at any time can block your money and require documents about their origin. Is this not a regulation?
And I think regulation hurts the crypto market.

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May 07, 2019, 08:51:34 PM
 #788

Why ask for good or bad regulation, if it has long existed on the cryptocurrency market. Most exchanges - are centralized and belong to the owners, who among themselves are in agreement.
Exchange at any time can block your money and require documents about their origin. Is this not a regulation?
And I think regulation hurts the crypto market.
Of course you are right, but not quite exactly wrote everything. I think that the field of cryptocurrency is very lacking in financial regulation of prices and insurance of cryptocurrency assets.

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May 07, 2019, 10:18:45 PM
 #789

I think regulation is not a bad idea in crypto because there are lot of scam projects around and the only antidote to scam project is regulation of ICOs.

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May 07, 2019, 10:26:25 PM
 #790

actually I really support the regulation even I hope that all projects or ICO must pass the regulations first so that the possibility of scam can be minimized but I realize that it will not be realized in the near future, while I cannot just sit still when this business grows therefore I decided to continue to like, trust and support crypto even though there are no regulations while waiting until the regulations really become an absolute requirement for all projects or ICO
I think that the regulation will be in the next year or two, so everyone has to wait a little bit! I also a supporter of the regulation of our market
The regulation process is not required to run a crypto business and the alternatives can be the biggest threat to the governments. Even blockchain companies can create another way to check the project's trustworthiness.
It's required to attract investors to bring fresh money to the crypto. Remember that's the main thing that has already aimed by crypto adopters. More people join and more money come to the crypto and that will build a very strong ecosystem. Easy regulation is needed but it must not be a strict regulation
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May 07, 2019, 10:56:54 PM
 #791

I agree with that, this will make it difficult for scammers, this will make them afraid because they have to be transparent in order to get regulation and if after that they do a scam they will deal with the law and they know the consequences of that project is a good project
this is a solution to overcome many fraud projects but unfortunately not all governments want to do that because crypo is actually still a debate between whether it is profitable or dangerous, very risky or not, therefore there is rarely a government that wants to deal with crypto

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May 07, 2019, 11:15:33 PM
 #792

Of course every regulation that will have a good impact on the development of companies or products such as Crypto, clearly requires clear regulation so that Crypto can run well and get a place in all agencies so that circulation will be very large. So regulation is very important for the development of Crypto in the future.



 

 

 

 

 

 


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May 07, 2019, 11:15:42 PM
 #793

regulation aims at building trust for the crypto industry, without regulation, majority of the mass out there fear joining this amazing industry. i think regulation is a good idea because it aims towards bring crypto to mass adoption. no one will like to invest their money into something thatis not trusted or regulated to give them the maximum assurance. I think its time for crypto to be regulated.

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May 07, 2019, 11:28:16 PM
 #794

While it is true that the very nature of cryptocurrencies seems to be against everything that requires recognition by a central authority, in the long term it will be necessary a certain rapprochement between both parties as both sectors compete for the domain of the economy and finance of the whole world. The problem is finding a meeting point where users of cryptocurrencies can continue to enjoy the advantages offered by cryptological money, but with the financial protection that only the authorities of the sector can offer.

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May 08, 2019, 01:40:22 AM
 #795

The liberty and freedom provided in the cryptospace is being violated and it woudl be a good idea to have a body regulating some activities in the cryptospace. The most serious of them all is the launch of ICOs in the crypto industry. There are so many unrealistic and scam projects in the system and people are throwing monies into projects that are not worth investing. This regulatory body would check all these to help the cryptospace.

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May 08, 2019, 02:35:34 AM
 #796

Of course every regulation that will have a good impact on the development of companies or products such as Crypto, clearly requires clear regulation so that Crypto can run well and get a place in all agencies so that circulation will be very large. So regulation is very important for the development of Crypto in the future.
Not at all. regulation and legalization will not be made by the government just like that, without certain conditions. the government certainly wants to take advantage of the regulation, and the tax might be applied, and we might also be enforced to do KYC, developments might progress, but will KYC be good for us?
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May 08, 2019, 10:40:27 PM
 #797

It is quite still okay to deliberate on regulation in the crypto Industry, when report estimating the scam in crypto to be at 1.2 billions dollars is in the news. At this point, we have all reasons to ensure regulation is put in place. Regulation would allow the majority of people out there to trust the industry.

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May 13, 2019, 02:51:53 PM
 #798

The adjacency of adjustment is pressing and extremely even needful, I am confident that with narrow rule it desire decrease the amount of bunco scheme so that we buoy look a growth and many steady marketplace.
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May 13, 2019, 03:01:39 PM
 #799

Adjustment representing the marketplace are affirmative. as everybody in the marketplace is active as he desires. Desires to rise the marketplace hard threatening marketplace. I'm in prefer of the systems.
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May 13, 2019, 03:04:02 PM
 #800

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 is a bad idea but is necessary because as you say, ton of icos end in scam, and isn't fun at all to see people running with our money in their hands while we just watch and can't do anything, that's why i say it's necessary... The problem is that each country should make it's own laws for the regulation.

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