miklesm
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Activity: 1078
Merit: 10
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February 13, 2019, 06:39:53 AM |
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I think regulation is needed for ICOs as they guarantee investors that the team will not disappear with their money. There is much more trust for the projects which are regulated by government.
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alberdina
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February 13, 2019, 07:30:32 AM |
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I agree if it is formed as a body overseeing the ICO. So they checked the new ICO or ICO that was still running. So if the body is formed it will help investors and bounty hunters in determining ICO. And scam projects will disappear.
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ivaf
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February 13, 2019, 08:27:09 AM |
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If the ICO market survives, then I think that it should be regulated necessarily. Otherwise, we will have a huge number of fraudsters in this area, which has a very negative effect on the institution of ICO.
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trauchot
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Activity: 1764
Merit: 10
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February 13, 2019, 08:30:13 AM |
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Of course, yes, each ICO should be checked by governments or by some organization that will officially work and will report to the government, because there are always fraudsters who create companies to collect money and then disappear abruptly with investor money.
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voron83-05
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Activity: 434
Merit: 1
Pozess - The Photo Sharing Fashion Marketplace Tha
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February 13, 2019, 09:48:43 AM |
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The regulator may aggravate the situation with those ICOs who really promote an interesting product!
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♠ POZESS ♠ Photo Sharing Social Marketplace That Rewards its Users
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HichemFetoui
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February 13, 2019, 10:11:08 AM |
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I think ico are on the process of being regulated the sec is doing a great job since last year in cutting of scam initial coin offering since 2018 but we need more clear regulation to make the vision clearer for entrepreneurs
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carlosvaldes
Sr. Member
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Activity: 420
Merit: 250
THE ENERGY EFFICIENCY PROTOCOL
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February 13, 2019, 10:18:57 AM |
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I think ico should be supervised.And this market is still very imperfect.Because there are a lot of scams on the market.Investors can't find them and lose a lot of money.
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Ezenwanyi
Copper Member
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February 13, 2019, 10:33:30 AM |
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Yes of course, there incidences of ico projects scamming unsuspecting investors and exiting scam is on the rise these days.
So the logical solution would be for the ico projects to have a kund if regulatory authority. That way these incidences would reduce drastically.
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Rooster101
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February 13, 2019, 11:00:06 AM |
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If the intention is to protect the investors from scam and failed ICOs, then the proposed regulation should be push through. Many scammers are now using ICOs to steal funds from the unsuspecting investors so it really need a regulation that will effectively prevent this kind of crypto scamming. Any initial coin offering should be examined including those offering with no clear product to offer and select only qualified ones to enter the market.
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Sir Legend
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February 13, 2019, 11:39:37 AM |
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I think the presence of regulations is very much needed, if there is no regulation, then anyone can make ico so that it is vulnerable to scam projects.
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Gargo
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February 13, 2019, 11:44:51 AM |
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We need regulations to have tool to punish scammers! Now they can run away with money collected from investors without consequences. It must be changed, and only regulations can make order with that.
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ereborltc
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February 13, 2019, 11:57:55 AM |
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Yes, the current ICO scam project is very well-made, and the team is very active during the crowdfunding campaign, but after the end of crowdfunding, there is almost no news.
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ringgo96
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February 13, 2019, 12:08:47 PM |
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I agree if it is formed as a body overseeing the ICO. So they checked the new ICO or ICO that was still running. So if the body is formed it will help investors and bounty hunters in determining ICO. And scam projects will disappear.
This is indeed necessary because ico is now very severe where too many frauds exist and consumers and participants experience substantial losses in this business. make the market itself also influential
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elenka n
Jr. Member
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Merit: 1
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February 13, 2019, 12:56:41 PM |
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Regulation of ICO is likely to lead only to the fact that fraudsters will become smarter and smarter, but in general nothing will change!
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aioc
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February 13, 2019, 01:03:49 PM |
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Considering the high level of scam associated with ICOs presently, many investors are at risk of loosing their investments. Bounty hunters like us are not spared as we may be rendering free services to some scammers and also risking our personal data.
I suppose a regulatory body be set up to audit the ICO process and the founders, and if anything goes wrong or should the project fail, they will be liable. This will reduce drastically investors risk and also keep scammers away. What do you think?
I thought those rating sites can help us but they are helping scam ICO to scam us, we really need regulation because so many people are already losing a lot of money, if nothing has been done on this, soon there will be no more ICO investors.
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Gab20
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Activity: 714
Merit: 3
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February 13, 2019, 01:32:53 PM |
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Well, the regulation of ICOs does not mean that the whole cryptocurrency or blockchain technology be regulated. We really need a body that will oversee the lunch of ICOs, atleast a trusted body. Investors need to trust the system again, because not everyone of them can go about an effective research.
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TrevorS
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February 13, 2019, 02:55:38 PM |
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In order to keep the last investors ready to invest in ICO, it is imperative to resort to all possible instruments able to at least restore the trust of investors and ensure their stable earnings, as well as protection from losses and scam.
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bitc0000
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February 13, 2019, 03:00:40 PM |
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Yes and ICO is being regulated by large exchanges in this market. According to my observation, 100% of ICO projects running at large exchanges will be successful and the price will be higher than the ICO price. Therefore, it completely limits ICO scam and makes investors more excited and secure
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vanjava
Copper Member
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February 13, 2019, 03:21:14 PM |
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for me ICO must be regulated by policy policies that make all ICOs have no fraud. I strongly support if ICO has special rules, so we avoid fraud. currently ICO fraud is not counted. I often find ICO fraud. I want this regulation to be realized.
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louisBSAS
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Proof-of-Stake Blockchain Network
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February 13, 2019, 03:30:36 PM |
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I have long been advocating that the conduct of ICO is regulated by a single body or organization that could follow the legality of the collection of investments. That would save millions of dollars of honest investors from scammers. Tell me where you can vote for such an initiative? I would love to support her.
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