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Topic: Do we need regulations? - page 5. (Read 2865 times)

full member
Activity: 378
Merit: 100
March 31, 2018, 08:38:28 PM
How do you guys think? Do we need regulations in the crypto world? Should only ICO be regulated or legit coins (not "security tokens") too? Can we implement regulations mechanisms in code so that corrupted governmental institutions couldn't manipulate the industry? Can we still have free market with governments' regulations across the world?

Please, share your thoughts. I'm a bit confused about what's happening right now.

We do not need regulations because the security of every legitimate wallets on the market today is really good in terms of securing the cryptocurrency you have invested and the reason why people is switching to cryptocurrency is that, they do not want government to steal their money from taxes, but still we are paying taxes through transaction fee's so it was still a good amount of bargain and cryptocurrency should not be banned because it is not illegal.
newbie
Activity: 65
Merit: 0
March 31, 2018, 08:27:21 PM
Yes we need regulations to ensure the peace and order to our community.. and how to deal with all operations or situation..
legendary
Activity: 1274
Merit: 1004
March 31, 2018, 07:43:28 PM
I do not think so, regulation in the cryptocurrency world is only going to slow us down. As we are using coin for more than 5 years and yet everyone is learning from it in all to make the payments without making mistakes and taking precautions we have learnt how to make your deals in Bitcoin world even when the fees are at the peak we have learnt many things from it and will regulation in it we can face some disadvantages and unfair advantages from it.
sr. member
Activity: 518
Merit: 250
March 31, 2018, 07:30:00 PM
Yes, we strongly need regulation regarding cryptocurrency. There is no official issuer and authority that must be responsible to regulate and control it's operation. This regulation is used as the base how it operates properly . With this regulation, people will note that crypto has n been accepted formally and then that means it is safe.
legendary
Activity: 1582
Merit: 1001
www.neutroncoin.com
March 31, 2018, 06:38:37 PM
For the Bitcoin to break new high regulation is a must. Only with regulation big Investment companies will invest into cryto currencies and expand the techology and the world wide adaption for everyone.
member
Activity: 216
Merit: 17
Xircus
March 31, 2018, 06:08:11 PM
How do you guys think? Do we need regulations in the crypto world? Should only ICO be regulated or legit coins (not "security tokens") too? Can we implement regulations mechanisms in code so that corrupted governmental institutions couldn't manipulate the industry? Can we still have free market with governments' regulations across the world?


Please, share your thoughts. I'm a bit confused about what's happening right now.

Yes it is very important to have a regulation not only in forum activities but also to the application of our lives.We have always a discipline so taht we can maintained the good flow of a sytem.
hero member
Activity: 1078
Merit: 501
March 31, 2018, 05:47:46 PM
How do you guys think? Do we need regulations in the crypto world? Should only ICO be regulated or legit coins (not "security tokens") too? Can we implement regulations mechanisms in code so that corrupted governmental institutions couldn't manipulate the industry? Can we still have free market with governments' regulations across the world?

Please, share your thoughts. I'm a bit confused about what's happening right now.


yes. I need regulations to regulate bitcoin transaction. it is my hope.
Yeah it will be very good to see bitcoin as regulated currency but we cannot compel our government to do this favor for us, gradually bitcoin is getting more and more famous and our government is taking keen interest about the regulation of bitcoin but they are not ready to announce it openly, I am very sure as much bitcoin  has worth and it is participating in development of the country and it is proving very good ideas to the user bitcoin will  be regular soon, as it is now popular worldwide and south Korea and Japan has announced bitcoin as regular currency,.
full member
Activity: 845
Merit: 100
March 30, 2018, 01:52:10 PM
Yes, I hope there is a globally applicable regulation for bitcoin and cryptocurrency, it is time for the world to be concerned with this, bitcoin and cryptocurrency can be useful for improving the welfare of everyone.
Yes true, by making the regulation then all will benefit, bitcoin and cryptocurrency users get security guarantee while from government can get income from tax. I think this is so important that the presence of regulation becomes a good solution.
member
Activity: 770
Merit: 12
Trphy.io
March 30, 2018, 01:30:27 PM
Yes, I hope there is a globally applicable regulation for bitcoin and cryptocurrency, it is time for the world to be concerned with this, bitcoin and cryptocurrency can be useful for improving the welfare of everyone.
I think government hold the key to bitcoin development. with the regulation from government will accelerate the development of btc in the world. but I think the government still afraid with negative effects of btc
sr. member
Activity: 574
Merit: 251
March 30, 2018, 01:00:19 PM
Yes, I hope there is a globally applicable regulation for bitcoin and cryptocurrency, it is time for the world to be concerned with this, bitcoin and cryptocurrency can be useful for improving the welfare of everyone.
member
Activity: 630
Merit: 24
March 30, 2018, 12:39:55 PM
we dont need any regulations because this system is decentralized under control of nothing but our own community and miners. that is why blockchain based assets are considered to be revolotional. it is trying to eliminate all middlemen and all regulations in financial industry.
There is no central administrator and this is a nature of decentralization but what can you say about criminals? The fact that it is decentralized doesn't exclude that its pseudoanonymous and I don't understand if investigate authorities have doubts in a big transactions why is it so bad to chase? But of course actions from law-enforcing organs won't be disproportional,There must be a line between people's rights and public safety,In another situation there will be a bad disbalance,which maybe used by criminals or even by state officials.
full member
Activity: 616
Merit: 124
March 30, 2018, 12:08:06 PM
we dont need any regulations because this system is decentralized under control of nothing but our own community and miners. that is why blockchain based assets are considered to be revolotional. it is trying to eliminate all middlemen and all regulations in financial industry.
newbie
Activity: 79
Merit: 0
March 30, 2018, 11:57:56 AM
How do you guys think? Do we need regulations in the crypto world? Should only ICO be regulated or legit coins (not "security tokens") too? Can we implement regulations mechanisms in code so that corrupted governmental institutions couldn't manipulate the industry? Can we still have free market with governments' regulations across the world?

Please, share your thoughts. I'm a bit confused about what's happening right now.

today, I dont think about regulations for regulate bitcoin yet. maybe in future it needed
newbie
Activity: 25
Merit: 0
March 30, 2018, 11:25:59 AM
I think we need a regulation since cryptocurrency is widely used and accepted all around the world as a source of income, profit and a tool for bills payment and online transaction. Also the regulation will protect us from scams in app mining and cloud mining, trading and other method of earning bitcoin. Should you oppose to my reaction is up to you. However, in any circumstances that you agree to my opinion I am glad that you think of the great future ahead of us in cryptocurrency. If you are new to the industry make sure that you study it well before doing so. By doing so you will see my point on why do we need regulation for the said industry who use cryptocurrency.
full member
Activity: 651
Merit: 103
March 30, 2018, 11:15:12 AM
How do you guys think? Do we need regulations in the crypto world? Should only ICO be regulated or legit coins (not "security tokens") too? Can we implement regulations mechanisms in code so that corrupted governmental institutions couldn't manipulate the industry? Can we still have free market with governments' regulations across the world?

Please, share your thoughts. I'm a bit confused about what's happening right now.
The government in my country implemented a regulations about cryptocurrencies to protect the citizens in my country. Our government became aware that the scammers is continuing to increase and it is the reason why our government implemented regulations about cryptocurrency.
sr. member
Activity: 1036
Merit: 281
March 30, 2018, 11:07:34 AM
How do you guys think? Do we need regulations in the crypto world? Should only ICO be regulated or legit coins (not "security tokens") too? Can we implement regulations mechanisms in code so that corrupted governmental institutions couldn't manipulate the industry? Can we still have free market with governments' regulations across the world?

Please, share your thoughts. I'm a bit confused about what's happening right now.
We really need regulations of the government about cryptocurrencies! Many people says that the criminality is continuing to increase because of the digital currencies. The government can prevent it by implementing many regulations.
member
Activity: 238
Merit: 10
March 30, 2018, 11:03:52 AM
when it's time to accumulate your experience and knowledge because it will comes regulation it is a trustworthy and very hard working employees like physical work so same here in bitcoin.
member
Activity: 308
Merit: 14
March 30, 2018, 10:41:00 AM
Talk about regulate of bitcoin can not be over emphasize, regulation of bitcoin by government authority,  will bring public confident, and will make bitcoin more acceptable like others hot currency,
newbie
Activity: 182
Merit: 0
March 30, 2018, 10:21:30 AM
Regulations are good and will increase trust and accountability in the system, regulation bitcoin will also bring public confident. And now days so many scam ICO so we need regulation for keep them in the rule.
hero member
Activity: 854
Merit: 500
Stake & Vote or Become a IoTeX Delegate!
March 30, 2018, 10:02:46 AM
I think we will end up with two worlds: regulated and not. Cause majority of people need it: they need reversable transactions, they need someone wiser who keep their money saves, they are unable to identify pump and dump, scam...  For those who fill confidence there will be unregulated world
There's nothing we can do with thier assessments unless they will banned bitcoin in a specific country if they didn't make any regulation for power. It maybe good as majority there is many good sides of it as of now and if they will not change what is their vision on it.
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