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Author Topic: DO WE NEED TO REGULATE ICOs?  (Read 24704 times)
ranman09
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February 02, 2019, 09:48:33 AM
 #321

I like the idea of public decentralized ICO regulations. This is the best way that most investors can access the data publicly without the possibility that the ICO made it. It will surely bring more security in the crypto-space.
Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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February 02, 2019, 09:57:25 AM
 #322

It's a great idea to regulate ICO's as of now since it can eliminate scammers and fake projects in crypto space. But it needs more time and better implementation so that the goals and purpose on this will be perfectly delivered. And they need to ensure and consider first the interest of the people especially to all investors.
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February 02, 2019, 10:01:38 AM
 #323

The fact is that regulation will not only reduce the number of ineffective projects, but also create a complication for quality projects!

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February 02, 2019, 10:02:07 AM
 #324

How will "we"be able to regulate the ICO? If topic starter has any ideas on how to do this, let him share it and the crypto community discuss it. Otherwise, it's just chatter.
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February 02, 2019, 10:26:30 AM
 #325

How will "we"be able to regulate the ICO? If topic starter has any ideas on how to do this, let him share it and the crypto community discuss it. Otherwise, it's just chatter.
Of course, this is just chatter, I can not imagine who can fully take over the regulation and subjugate the entire cryptocurrency market

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February 02, 2019, 10:32:48 AM
 #326

who is we?

actually the bitcoin founders already regulate ICOs with their corruption index and that bad enough

do you mean satoshi nakamoto already regulated ico ? oh wow  , how come ? he is a founder of bitcoin and bitcoin is his only creation  .  he must first regulate his invention before others but luckily he did not do it because he created bitcoin to be partially anonymous  . he wants freedom  , thats why he didnt like regulations  .

as for ico i agree we must regulate them because im also tired of scams and fake projects  . they say regulation can somehow prevent those shady projects from spawning  .
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February 02, 2019, 10:34:19 AM
 #327

Yes, ICO regulation is necessary. In 2017-2018, investors indiscriminately gave their money to any project. There are a lot of scammers.

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February 02, 2019, 10:44:51 AM
 #328

Yes, ICO regulation is necessary. In 2017-2018, investors indiscriminately gave their money to any project. There are a lot of scammers.
Until now we have no rules for the cryptocurrency market, so it is difficult for us to have a clear rule for ICO. And if you apply the rule to crypto, it will obviously be very troublesome and of course the investor will not want to participate

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February 02, 2019, 10:50:07 AM
 #329

Yes, ICO regulation is necessary. In 2017-2018, investors indiscriminately gave their money to any project. There are a lot of scammers.

Yes, but there is no clear model of regulation, and I think only because of this, everything is so bad and such a large number of scam projects. Because of the tricks of fraudsters, many investors stopped investing in new projects altogether, because there is a big risk of losing their money.

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February 02, 2019, 10:52:48 AM
 #330

Probably we need it because ICOs were replaced by more regulated STOs. But still some STOs could claim that they are regulated even if they are not. This problem is very complicated because there should be some authority to regulate these tokens offerings.

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February 02, 2019, 11:05:24 AM
 #331

Well i say yes! Currently there are so many projects with similar goals and visions and some of them even don't have the needed capacity and resources to see to the success of the project but yet still competes with the capable funds when funds are being raised. This has also increased the number of scam projects in the cryptospace and this is really tarnishing the image of crypto investment. Let's not forget that if men were angels there would be no need for laws. I am not talking of a Centralized Regulating Body but we can use the concept of masternodes and run a decentralized ICO regulating body. Let's explore all the possible ways of how we can actually curb this menace in the cryptospace.

I totally agree with you. Cryptocurrency needs regulation to minimise the hogwash and repetitive projects flooding the market and decimate scams from faceless individuals running icos

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February 02, 2019, 11:12:48 AM
 #332

This is simply no doubt. Today, this is indeed one of the most correct actions that must be taken into account today. Today it is many investors dream about it. But regulation will have to go through the community.
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February 02, 2019, 11:13:20 AM
 #333

Fraudsters spoiled the idea of ​​ico. Of course, any regulation will cause restrictions, but without regulation it is simply impossible to cope. Regulation is a necessity, thanks to which the ICO market will return to normal.
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February 02, 2019, 11:17:52 AM
 #334

Ye,it is necessary to regulate ICO because the number of scam since 2018 is getting higher and investor are continuously loosing money day in, day out.

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February 03, 2019, 06:08:08 AM
 #335

it is not a good strategy to regulate ICO. it will mean taxation. it will completely change the principle of encryption. encryption is decentralized. although it has some drawbacks, the best way is to constrain it through the market.

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February 03, 2019, 06:20:39 AM
 #336

For sure, ICOs definitely need to be regulated to rid the crypto community of the huge number of scams that are circulating. This is really bad, so many people have taken advantage of decentralization in crypto and abusing it. I think it is high time we have some level of regulation.

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February 03, 2019, 06:22:25 AM
 #337

Yes, ICO regulation is necessary. In 2017-2018, investors indiscriminately gave their money to any project. There are a lot of scammers.

Yes, but there is no clear model of regulation, and I think only because of this, everything is so bad and such a large number of scam projects. Because of the tricks of fraudsters, many investors stopped investing in new projects altogether, because there is a big risk of losing their money.

It's not easy to regulate it. How do you stop scammers from creating new ico? you can't. You can use your best judgement as an invididual and let other know about it but I don't know what would be considered a clear model for regulation.

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February 03, 2019, 06:24:38 AM
 #338

Yes, ICO regulation is necessary. In 2017-2018, investors indiscriminately gave their money to any project. There are a lot of scammers.

Yes, but there is no clear model of regulation, and I think only because of this, everything is so bad and such a large number of scam projects. Because of the tricks of fraudsters, many investors stopped investing in new projects altogether, because there is a big risk of losing their money.

It's not easy to regulate it. How do you stop scammers from creating new ico? you can't. You can use your best judgement as an invididual and let other know about it but I don't know what would be considered a clear model for regulation.

Indeed. If individuals use their best judgement and stop participating in scam icos, eventually they will stop coming.

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February 03, 2019, 06:29:20 AM
 #339

The actual regulation is very important in a project. supervision from a government is a form of security for investors to be able to put their money into the investment. so I say now regulations must be established in all countries where the population has an interest in bitcoin. this is also to protect them

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February 03, 2019, 06:40:24 AM
 #340

I think that there should be a project that will regulate the ICO. Also, all projects will be tested by him carefully, and then come to us investors and bounty hunters. Let this team will take the tax, but it led us to the elimination of fraudsters.
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