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Author Topic: Regulations help stock market exchange, and it will in cryptocurrency!  (Read 604 times)
The Sceptical Chymist
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October 13, 2018, 03:27:12 PM
 #21

I tend to think the stock market is over-regulated, though I'm not against having rules enforced by the government per se.  Way back in the early days of the stock market, there used to be pump and dump groups, much like we're seeing in cryptocurrency today--and I don't think that should be allowed.

It's actually surprising to me that the US government at least hasn't already introduced any real legislation regarding crypto.  It's not like the market is extremely small, and there certainly have been abuses in it already.  Usually the government jumps all over anything to do with money and they start introducing laws almost immediately.  It's weird, actually, that they haven't done that with bitcoin.  The only major thing I've seen is that US citizens aren't allowed to participate in ICOs (if I'm understanding the law correctly). 

However, I kind of like the wild west aspect of crypto.  The way it is now is almost a completely free market where buyers and sellers dictate a coin's value, and the exchanges are open 24 hours/day, 7 days/week--unlike the stock market, where you can only trade from 9:30am-4pm Monday-Friday and not on holidays.  Stock exchanges have also been known to close when disaster strikes, like on 9/11/01.  That's not the case with crypto exchanges, and there are far more of them as well.  So all in all, I'd be against much more government interference with crypto. 

The one thing I would like to see is some sort of standard that needs to be met before someone starts up a crypto exchange.  We've seen way too many exchanges scam their customers with excuses like "we got hacked!" and so forth.  One of the reasons I like Coinbase is because it's based in the US and has some oversight from the US government.  They're not likely to pull an exit scam.  An exchange like Yobit, though?  Yeah, good luck using them.  They probably have less than a year left before they either steal all their customers' money or just go out of business when people figure out how scammy they are.

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October 13, 2018, 03:33:10 PM
 #22

Government Regulations may be good or bad, either way I am not sure what could really be the effect of regulations on cryptocurrency. On the contrary, the government regulations on stock market exchange was able to increase the number of investors by encouragement and building up trust and confidence of the investors for stock market exchange. Thus, making it clear that many individuals are getting involve in stock market doing day trade for them to profit.

It was never known that regulations in cryptocurrency may be at help. I came across with an article about cryptocurrency regulations states that some of the investors were now worried and afraid that without clear regulations it will deprive them to enjoy the stay on cryptocurrency. Thus, will not help also the newcomers to feel secured in joining cryptocurrency.

Quote from: Stephen J. ObieMark W. Rasmussen
Given the regulatory uncertainty, the United States also risks allowing fraudulent purveyors of cryptocurrencies to drive out the good. To be sure, federal and state enforcement officials have aggressively sought to stamp out fraudulent initial coin offerings (ICOs) and cryptocurrency trading platforms. But without clear and coherent guidelines to attract good actors to the U.S. market, fraudsters might push out the good actors. At least one estimate pegs the frequency of ICO scams to be as high as 80%.have aggressively sought to stamp out fraudulent initial coin offerings (ICOs) and cryptocurrency trading platforms.

But what could really be the benefit of regulations?

Quote from: Stephen J. ObieMark W. Rasmussen
Cryptocurrency regulations could help promote order, consistency, and accountability within the cryptocurrency market without imposing undue burdens. And they will help the United States emerge as a wise leader in the regulation of cryptocurrency, which will spur entrepreneurship and innovation in this country. After all, wisdom — more than ignorance — is a truer form of bliss.

So, if one will make the best move to let cryptocurrency be regulated all over the countries around the world then definitely cryptocurrency will be next to stock market exchange. Maybe it could be better than stock market exchange because we are not talking about real money it is a digital currency which aims decentralized currency and to provide good service to its investors or consumers attracting low transaction fee than the current banking system. Hopefully this innovation will push through regulations.

Reference: https://hbr.org/2018/07/how-regulation-could-help-cryptocurrencies-grow



 



Yes, I also see those regulation may have a good impact inside crypto currency market since it will give investors some security for their funds.
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October 13, 2018, 04:01:39 PM
 #23

On the one side, you have people who are arguing that regulations are able to bring a more mature environment for institutions to step into in order to invest, and lead to more adoption as people's trust in crypto rises. On the flip side, you'd also have some restrictive or draconian regulations especially in regards to KYC/AML requirements where it may not be as positive.

These are all valid. There are drawbacks and benefits of regulations. Honestly, at the end of the day, it's not up to us to decide the regulations, nor is there any way for us to stop certain regulation from happening.

For sure though, I can see that the image of bitcoin being something used in the underworld would clear up if more regulations came into place that are positive, and that could lead to more demand. But it still all depends.

Just to add up, without any regulatory body, this market will remain like a wild west and governments around the world will continue to repress and control the market.

On the other hand, we really don't need institutional investors money to help us grow the ecosystem. We have been doing it or the last 10 years. But if we are looking at the future scene, regulations can somewhat preserve and fix manipulations which will pave for the one thing that we always wanted to see, global adoption.

 
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October 13, 2018, 04:08:05 PM
 #24

Regulations saved the companies in those stock markets, not the stock market itself. The companies that leveraged their positions insanely actually lost a ton of money when the stock market crashed and right after that got saved by the regulations and goverments and they reinvested when the market was crashed and of course the new money coming in fixed a bit of the stock market which took time but the people in those markets actually lost a ton of money. So if cryptocurrency ever gets regulated I am 100% sure that whales will be saved whenever something bad happens and we will be the one thrown under the bus.

with regulation will certainly increase investor confidence. moreover there is legality from government, which will be safer. and it is true that whales will lose space to move. that means market will return to health
Its decentralized so how can we expect the things to be regulated by the government and even though crypto is not an investment it is an currency so comparing it with stock market is not fair though but we can regulate the usage of crypto currencies which can built the trust among the users not the investors so the adoption will occur for currency not for investment.
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October 15, 2018, 12:05:38 AM
 #25

I think everyone is certain to have their own opinions about Cryptocurrency and this regulation I think will be different in each country, of course there are rules that are expected to be better for Cryptocurrency, lots of fake projects regardless of the good name of Cryptocurrency
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October 16, 2018, 12:09:14 PM
 #26

I think everyone is certain to have their own opinions about Cryptocurrency and this regulation I think will be different in each country, of course there are rules that are expected to be better for Cryptocurrency, lots of fake projects regardless of the good name of Cryptocurrency
It is obviously going to be different for most countries, the way they implement it, the way they monitor things, and the way they are so keen about it. This is a global space though, and that would make it a little bit hard to regulate unless the government based on some of the exchanges within their jurisdiction comes up with confiscation of assets for those who end up doing anything illegal on the market, and when it also comes to taxation.

I believe regulation brings normalcy and sanity just as we get to see in the stock market, and even though it may have some of its own little flaws, I believe we are still going to be better with it when it comes to growth.
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October 16, 2018, 12:11:31 PM
 #27

Regulations saved the companies in those stock markets, not the stock market itself. The companies that leveraged their positions insanely actually lost a ton of money when the stock market crashed and right after that got saved by the regulations and goverments and they reinvested when the market was crashed and of course the new money coming in fixed a bit of the stock market which took time but the people in those markets actually lost a ton of money. So if cryptocurrency ever gets regulated I am 100% sure that whales will be saved whenever something bad happens and we will be the one thrown under the bus.

with regulation will certainly increase investor confidence. moreover there is legality from government, which will be safer. and it is true that whales will lose space to move. that means market will return to health
We all know that when there is no law, there is no sin and as a result of that, there would always be people who would do things greedily without even imagining those who it is affecting and that is totally not something that should be allowed.

We have seen the cryptocurrency space and how some form of manipulations are pretty much easy, but that is because the space does not really have much rule applied to it at the moment, when compared to the likes of stock market that you really would not want to be caught in some activities, otherwise, you get screwed and may even spend most part of your life in jail. If we get to have such in place, it would really bring about a matured space.
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October 16, 2018, 01:37:27 PM
 #28

Regulations are good and honestly in it's very much needed in the crypto space especially with so much garbage projects being churned out into the space on a daily. It will put a lot under check and scam artists will know fully well what they're getting themselves into, and the long arms of the law waiting for them at the end. Regulations will also instill investors confidence in the market, which to a very large extent is lacking at the moment.

On the flip side, a highly regulated market limits entry and small startups might be disadvantaged from entering, thus impacting on the space advserely, as brilliant ideas will hardly be known due to barriers set up. So basically, a balance will be great on both sides.

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November 06, 2018, 04:59:04 AM
 #29

Regulations actually weeds out fraud and financial criminal activities in the market making investors comfortable in their investments and not worry that one day someone will make off with their hard earned cash. Now, i just hope that this regulation will be pro crypto currency holders and not anti crypto currency.

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November 06, 2018, 05:10:07 AM
 #30

Regulations saved the companies in those stock markets, not the stock market itself. The companies that leveraged their positions insanely actually lost a ton of money when the stock market crashed and right after that got saved by the regulations and goverments and they reinvested when the market was crashed and of course the new money coming in fixed a bit of the stock market which took time but the people in those markets actually lost a ton of money. So if cryptocurrency ever gets regulated I am 100% sure that whales will be saved whenever something bad happens and we will be the one thrown under the bus.

with regulation will certainly increase investor confidence. moreover there is legality from government, which will be safer. and it is true that whales will lose space to move. that means market will return to health

I'm not sure why people think regulation on crypto market will be same as regulation in stock exchange. It's completely different environment and what worked in stock exchange may or may not work in crypto market due to high volatility. I don't think whales will just go away. Regulation may give people an illusion of more security.

   Almost all active investors of Crypto Market are anxious about the issue on regulation by government financial agency, they have fear on the Regulation rule that will be impost on Crypto Market investors? But, i am optimistic on that it will be more beneficial to the crypto investors once this issue is address. lets monitor and remain confident on crypto currency digital transaction, its a decentralized platform, safe and easy to manage, the proof of which, if we look on the EUROPEAN countries, some are now welcoming openly the Crypto transaction.
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November 06, 2018, 10:02:25 AM
 #31

It could be beneficial to investors because it will give more secure situation to the investors, and people will not hesitate again to used crypto for payment, but that is not suitable with the crypto principle which is decentralisation that eliminate the third party, but I agree with regulation if it can make crypto become better and help a lot of people
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November 06, 2018, 10:26:26 AM
 #32

Regulations in all human endeavours have always help in establishing a standard of behaviour that is expected of people who are operating in the market. For the stock market, the importance of regulation cannot be understated as we can only imagine what would have happened without such in that with the various up to date regulations, we still have series of immoral activities being perpetuated by people. One unique thing I see that regulation would bring to crypto is that, the confidence that would be built as basic standard of behaviour would be expected and glaring scam activities would be reduced.
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November 06, 2018, 01:13:39 PM
 #33

Regulations saved the companies in those stock markets, not the stock market itself. The companies that leveraged their positions insanely actually lost a ton of money when the stock market crashed and right after that got saved by the regulations and goverments and they reinvested when the market was crashed and of course the new money coming in fixed a bit of the stock market which took time but the people in those markets actually lost a ton of money. So if cryptocurrency ever gets regulated I am 100% sure that whales will be saved whenever something bad happens and we will be the one thrown under the bus.

with regulation will certainly increase investor confidence. moreover there is legality from government, which will be safer. and it is true that whales will lose space to move. that means market will return to health

I'm not sure why people think regulation on crypto market will be same as regulation in stock exchange. It's completely different environment and what worked in stock exchange may or may not work in crypto market due to high volatility. I don't think whales will just go away. Regulation may give people an illusion of more security.

   Almost all active investors of Crypto Market are anxious about the issue on regulation by government financial agency, they have fear on the Regulation rule that will be impost on Crypto Market investors? But, i am optimistic on that it will be more beneficial to the crypto investors once this issue is address. lets monitor and remain confident on crypto currency digital transaction, its a decentralized platform, safe and easy to manage, the proof of which, if we look on the EUROPEAN countries, some are now welcoming openly the Crypto transaction.
Personally, I have never really had any issues with regulation, knowing that we will only be deceiving ourselves to think that regulation is not something that won't happen eventually. We have seen the shape that this market has drifted to with the way things have been without law, a lot of scammers doing whatever they like, manipulations of the highest order in the market, with all these things not being a possibility in the stock market as a result of regulation.

Regulation will not stop anything from thriving as long as it is done well, it will only help improve the space into being a better one. It is obvious most humans need law, otherwise, we just have the ability to not do things right in the absence of law which is always bad.
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November 08, 2018, 09:31:34 AM
 #34

Regulations saved the companies in those stock markets, not the stock market itself. The companies that leveraged their positions insanely actually lost a ton of money when the stock market crashed and right after that got saved by the regulations and goverments and they reinvested when the market was crashed and of course the new money coming in fixed a bit of the stock market which took time but the people in those markets actually lost a ton of money. So if cryptocurrency ever gets regulated I am 100% sure that whales will be saved whenever something bad happens and we will be the one thrown under the bus.

with regulation will certainly increase investor confidence. moreover there is legality from government, which will be safer. and it is true that whales will lose space to move. that means market will return to health

I'm not sure why people think regulation on crypto market will be same as regulation in stock exchange. It's completely different environment and what worked in stock exchange may or may not work in crypto market due to high volatility. I don't think whales will just go away. Regulation may give people an illusion of more security.

   Almost all active investors of Crypto Market are anxious about the issue on regulation by government financial agency, they have fear on the Regulation rule that will be impost on Crypto Market investors? But, i am optimistic on that it will be more beneficial to the crypto investors once this issue is address. lets monitor and remain confident on crypto currency digital transaction, its a decentralized platform, safe and easy to manage, the proof of which, if we look on the EUROPEAN countries, some are now welcoming openly the Crypto transaction.
Well, as much as we can have fear on the regulation rules, we also have to fear the impact that illegal and dubious activities can have on the space negatively, which if something is not done about it, can cause a self-destruction on its own.

I have always known that at some point the space will be regulated if we actually want it to grow more than it is now, as that would make investors have the confidence to put more in the market, knowing that regulation also shows the support of government as well. There is so much that regulation can change if properly done, which I am sure, the governments all over the world, will come to terms on that eventually.
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November 08, 2018, 09:58:21 AM
 #35

Regulations actually weeds out fraud and financial criminal activities in the market making investors comfortable in their investments and not worry that one day someone will make off with their hard earned cash. Now, i just hope that this regulation will be pro crypto currency holders and not anti crypto currency.
That is always the main essence of regulation actually, as that would help put some policies and rules in place that will not only curb fraudulent activities, but will also curb any unlawful doings, most especially when it comes to market manipulations.

I believe the existence of regulation in the cryptocurrency space will really help a lot with that, and I believe as time goes on, with such in place, the market will grow to become more matured, usable, and give investors assurance that the market is somewhat covered from illegal activities to some huge extent.
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November 08, 2018, 12:16:02 PM
 #36

Personally, I have never really had any issues with regulation, knowing that we will only be deceiving ourselves to think that regulation is not something that won't happen eventually.

While I agree that it's pretty much an inevitability, we don't really have to like it. I know it's going to come with pros but I'd like to delay it for as long as possible. Regulation could easily be the death of Bitcoin's association with freedom.

Either way, the good thing about Bitcoin is that regulation can only really affect its use, not how it works. That gives regulators limited amount of options to mess it up. They can mess with the market, but they can't mess with Bitcoin itself.

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November 16, 2018, 05:09:40 AM
 #37

Regulations actually weeds out fraud and financial criminal activities in the market making investors comfortable in their investments and not worry that one day someone will make off with their hard earned cash. Now, i just hope that this regulation will be pro crypto currency holders and not anti crypto currency.
That is always the main essence of regulation actually, as that would help put some policies and rules in place that will not only curb fraudulent activities, but will also curb any unlawful doings, most especially when it comes to market manipulations.

I believe the existence of regulation in the cryptocurrency space will really help a lot with that, and I believe as time goes on, with such in place, the market will grow to become more matured, usable, and give investors assurance that the market is somewhat covered from illegal activities to some huge extent.

Well said, regulation is important for everything that includes money. Whenever money is involved in something, there are huge chances of corruption from any side and anywhere at any level. Better is to make sure things work fine and it would be possible only when government has authority to punish someone on cruel or illegal act. Bitcoin must be regularizing.
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November 16, 2018, 05:21:48 AM
 #38

Regulations is good and it will bring sanity to the cryptocurrencies market.  Many people have been scam and huge amounts of money lose through icos and this happened because they is no regulatory authority watching over cryptocurrencies market and its investments.  Now should the right time for registration to come in into cryptocurrencies market.
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November 19, 2018, 11:19:34 AM
 #39

Regulations actually weeds out fraud and financial criminal activities in the market making investors comfortable in their investments and not worry that one day someone will make off with their hard earned cash. Now, i just hope that this regulation will be pro crypto currency holders and not anti crypto currency.
That is always the main essence of regulation actually, as that would help put some policies and rules in place that will not only curb fraudulent activities, but will also curb any unlawful doings, most especially when it comes to market manipulations.

I believe the existence of regulation in the cryptocurrency space will really help a lot with that, and I believe as time goes on, with such in place, the market will grow to become more matured, usable, and give investors assurance that the market is somewhat covered from illegal activities to some huge extent.

Well said, regulation is important for everything that includes money. Whenever money is involved in something, there are huge chances of corruption from any side and anywhere at any level. Better is to make sure things work fine and it would be possible only when government has authority to punish someone on cruel or illegal act. Bitcoin must be regularizing.
In most cases, without law, a lot of people tend to misbehave a lot and that is something regulation will most definitely end up solving anyway which is why I have always believed that regulation will bring more good to this space than bad.

For most people actually, there is always this mindset that regulation will bring about some control, but in reality, the truth is that human needs control, but even with the control, that does not change the decentralized aspect of the space, that practically helps only when it comes to some activities involving cryptocurrency.
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November 19, 2018, 11:35:10 AM
 #40

Regulations is good and it will bring sanity to the cryptocurrencies market.  Many people have been scam and huge amounts of money lose through icos and this happened because they is no regulatory authority watching over cryptocurrencies market and its investments.  Now should the right time for registration to come in into cryptocurrencies market.

They know the risk about cryptocurrencies especially in ICO's because of no regulations has been made. But still they take the risk and hoping for the better profit.  Some are luckily achieved something but most of them also get unlucky. Probably regulations in cryptocurrencies could be solved because the government continue to make a way on how to solve such issue. There's still a lot of time to investigate on how they were going to do it and who knows in the near future they can find the solution.
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