If regulation never comes

[otto93]

If regulation never come many deviant individuals will take advantage of the situations and rip their preys of their hard earned coins all under fall pretence. Alsp many countries wont adopt it and would make it more illegal

[red4slash]

in any case a regulation is very important, the goal is to secure someone and to make something illegal that will be afraid to develop. in crypto regulations it is very important to keep all crypto users safe in investment, trading and other things and if the rules are not tightened then I think the developments in crypto will be difficult because there will be many bad things happening such as fraud in investment which until now are still widely found

[BitHodler]

If regulation never comes we can´t think about mass adoption.

It's an interesting matter because there are various definitions of mass adoption. I think the mass adoption people here focus on, which is to have billions of people use crypto every day, will never be happening.

Crypto being as decentralized as it is has scaling problems that it can't solve long term speaking. The more use there is the more data each node has to store, which isn't going to be done by people like you and me, but corporations.

Bitcoin can perfectly reach mass adoption as store of value. People don't need to transact much. All they have to do is buy and hold. Looking at how people use Bitcoin, we're going towards that direction already.

[lumierre]

of course it's a bad thing if without centainty about regulation, maybe some people already feel inflexible in carrying out activities
some parties have urged and decision haven't been taken, whether they are studying or don't care at all

I doubt very much that the cryptocurrency can be regulated. It is impossible to do it directly, as almost all of them are decentralized. The only thing that can be done is to define and formulate additional rules regarding the circulation of cryptocurrencies in the country (any country, by the way) and monitor their implementation in a similar way as they monitor cash turnover.

[Tylev]

If regulation never come many deviant individuals will take advantage of the situations and rip their preys of their hard earned coins all under fall pretence. Alsp many countries wont adopt it and would make it more illegal

How can cryptocurrency regulation not occur if this process has already begun and it is impossible to stop it. Cryptocurrency regulation is logical and inevitable. First of all, this is organizational regulation, which makes it possible to legalize cryptocurrency by states. States will establish general cryptocurrency circulation rules, and the FATF rules of June 21 this year are an example of this.

[diazepam666]

Regulation is really needed for every business that is same applicable for the crypto industries as well. Sometime for the people who doesn't aware of the regulations might be get hurt.
Swift there is any proper regulation moment goes we need to be informed to the concern people for their knowledge.

[gensol]

If regulation never comes, we can prote t ourselves by deciding to end ICOs and IEOs exercises. When there's no one investing in ICOs or IEOs projects will minimize their rush to launch if everyone supports those projects already existing new scam projects won't come to play.

[10BTCaDay]

If regulation never comes, we can prote t ourselves by deciding to end ICOs and IEOs exercises. When there's no one investing in ICOs or IEOs projects will minimize their rush to launch if everyone supports those projects already existing new scam projects won't come to play.

Why support only existing projects? 80 percent of existing projects are also scammers. it is better to look for new and honest teams who are ready to become leaders in this market

[Marble777]

if regulations will never come, then avoid any projects that you think are suspicious, IEO has been present to protect your investment safely but on the other hand you must also be vigilant before putting your money in any project. but I am sure that regulation will be there soon and the crypto industry will be even better than before.

[minersday]

If regulation never come anytime sooner can we protect ourselves? how can we protect ourselves from crypto monsters hiding in disguise, especially bounty projects coming into crypto space with full force, any ideas ? I know many are going to say we should do better research before promoting projects, is there any strict blows we can give these monsters by ourselves ?

Regulation is never gonna come. How can you regulate something that all transactions are made privately ?  You just have to be aware of the purpose of any project you  choose to promote.   Researching about the project is only thing you can do to protect your yourself from crypto monsters. 

[gaston castano]

but as long as there are no regulations there still remains a successful ico, I mean really running the project, not just a place to make a profit.
so the presence or absence of regulations is not very important, because even if there are regulations the scamer will still be there but it will be a little difficult to do their actions.

[Bitbtc8]

I am hoping that regulations will find its way to cypto space, the freedom is way too much and scammers are very bold enough to scam people with no fear of getting caught anymore, crypto is bleeding badly today because of scammers

[leea-1334]

If regulation never comes then it will become harder for the cryptocurrencies to experience adaption because people will still become skeptical to cryptocurrencies because they will not trust it since there is no proper regulation and protection for them. Even though most of the cryptocurrencies are decentralized, it is a requirement for them to get regulated to establish trust for potential users.

Regulation has come. And it has made people even more skeptical of crypto because all these authorities are saying crypto is scam tool,,, crypto is the favorite method of criminals and terrorists and hackers.

But yes, I agree, regulations must be there because people need to be protected. I wish everyone knew how to take care of themselves but all the crypto scams prove that people cannot.

[andika2018]

If regulation never come anytime sooner can we protect ourselves? how can we protect ourselves from crypto monsters hiding in disguise, especially bounty projects coming into crypto space with full force, any ideas ? I know many are going to say we should do better research before promoting projects, is there any strict blows we can give these monsters by ourselves ?

Regulations have begun to be issued by several countries and in my opinion the fear of no regulation will begin to fade. Without regulation, it really is not a problem because this has been going on for several years, the problem that will occur is the occurrence of ICO scams and this will make us more careful in choosing investments

[stephanirain]

If regulation never come anytime sooner can we protect ourselves? how can we protect ourselves from crypto monsters hiding in disguise, especially bounty projects coming into crypto space with full force, any ideas ? I know many are going to say we should do better research before promoting projects, is there any strict blows we can give these monsters by ourselves ?

Try to be smart, be cautious and always doubt those "to good to be true" deals. Those scam projects will look like it is the perfect cryptocurrency in the market and will promise unrealistic offers to its potential investors. Before you decide to invest in a project, read it carefully and research if it is legit. Take note to its public photos and the if the names in their company is real and existing. There is no better regulation than teaching yourself to analyze and critique the subjects in front of you.

[pawanjain]

Who says we will be able to protect ourself even if crypto is regulated globally. We can see crimes happening daily in our life despite the fact that Cops/CBI/Courts are there to fight crimes.
Similarly, even if crypto will be regulated, there will be scams happening everyday. There is nothing much we can do about it other than to educate ourself enough to stay aware and alert from such scams.

[VDraci]

Who says we will be able to protect ourself even if crypto is regulated globally. We can see crimes happening daily in our life despite the fact that Cops/CBI/Courts are there to fight crimes.
Similarly, even if crypto will be regulated, there will be scams happening everyday. There is nothing much we can do about it other than to educate ourself enough to stay aware and alert from such scams.

You have a point pal but do not compare real life criminal acts to digital, its more worse, you are using COPs and FBI and courts to judge but we don't have any of that in crypto space yet, just imagine how the world will be if there is no COPs and FBI and Courts? its nothing but road to more crimes

[Pinkris128]

If regulation never come anytime sooner can we protect ourselves? how can we protect ourselves from crypto monsters hiding in disguise, especially bounty projects coming into crypto space with full force, any ideas ? I know many are going to say we should do better research before promoting projects, is there any strict blows we can give these monsters by ourselves ?

Don't be swayed easily because someone advertise a project to you. Indeed, it is wise to research for you to know more about the project. We need to determine if the project is legit and if what is written in the white paper is realistic enough. Different countries have different regulations and some don't have one so be careful on our own since there is no one specific regulator of what is happening in the crypto industry.

[blckhawk]

At the moment, we really cannot do anything about that. We just need to be wiser in taking these bounties or in investing in these projects. A regulatory board would be great in designing and implementing policies regarding establishment of such projects, and someone would be held liable if objectives aren't met. It's not really centralized if that's what other people think because the board is only there for policies, not for handling funds.

[trauchot]

If you want to make investments in cryptocurrency companies, then you don’t even need to study some project to invest in it, you just need to invest in projects that conduct IEO on the most top exchanges and then you will always get profit and will not run into scam company, but for participation in bounty companies, here of course only studying the company will help.