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Topic: Do we need regulations? - page 7. (Read 2875 times)

legendary
Activity: 1036
Merit: 1002
March 27, 2018, 04:11:14 AM
This industry is unregulated that's why many scammers are taking this opportunity to take advantage of being not held responsible and no one to answer too because there is no authority who would hunt them. It is time that there would be regulations applied to crypto industry to at least reduce the scammers because some of them may back out if there are already applicable regulations that may put them behind those jail bars. Regulation may hinder us to just move freely but it is for our protection as well and it would make more people trust the crypto industry because there are already legal bindings involved.
I certainly agree! Scams are very rampant nowadays and crypto is not excused from it. I think it's best if we regulate crytpo, it may somehow prevent us from our freedom but sometimes we have to look for the welfare of everybody more than just our personal safety. It is for own good and security.
newbie
Activity: 15
Merit: 0
March 27, 2018, 03:49:21 AM
All human activities need rules. But in this case the bitcoin world is already regulated by open source software, so it makes no sense to add other rules.
member
Activity: 134
Merit: 10
March 27, 2018, 03:22:28 AM
To my opinion, the market of ICO's progect really need some regalation, espessially the proccess of KYC should be aggressive.
jr. member
Activity: 294
Merit: 6
March 27, 2018, 03:02:30 AM
I think regulations will be good for the bitcoin market as it is now because there is so many things that could be done in the market by a few people to sway the entire market. A market without regulations is very prone to insider trading.
newbie
Activity: 196
Merit: 0
March 27, 2018, 02:27:39 AM
Rules and order need to be in each case. The only question is for whom these rules will be implemented. If for the government for the purpose of the next earnings in the form of taxes, or still for the comfort of the participants themselves..
newbie
Activity: 90
Merit: 0
March 27, 2018, 12:45:52 AM
For me, It is necessary to have regulation in every community and i consider bitcoin as a community too. Regulations helps to keep peace and order in a community, if there is no regulations here in bitcoin someday it will crash the bitcoin community.
full member
Activity: 420
Merit: 100
March 27, 2018, 12:43:00 AM
I guess, we really need a regulations with regards to upcoming ICO  to avoid those scam ICO. By that, we can identify whose behind the certain project with the help of those regulations, we can trace right away if the project is a legit or not.
full member
Activity: 528
Merit: 100
March 27, 2018, 12:42:41 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 need regulations because there are many people who are greedy to earn money. Like in my country, the government implemented regulation about cryptocurrency because there are now many complaints about scammers around the cryptocurrency world.
full member
Activity: 364
Merit: 100
March 27, 2018, 12:31:57 AM
Whether we need regulations or not we are going to get them so the real question is how the market is going to react to this and how are we going to adapt to these new circumstances and all of those questions currently are unknown to us since we still need to see how harsh the regulations will become in the future.
newbie
Activity: 150
Merit: 0
March 27, 2018, 12:06:34 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.

I think, bitcoin doesnt need regulations, because its anonym.
newbie
Activity: 83
Merit: 0
March 26, 2018, 11:25:58 PM
Yes, I honestly think that we do need regulations, at least for ICO.
sr. member
Activity: 616
Merit: 262
March 26, 2018, 10:57:03 PM
This industry is unregulated that's why many scammers are taking this opportunity to take advantage of being not held responsible and no one to answer too because there is no authority who would hunt them. It is time that there would be regulations applied to crypto industry to at least reduce the scammers because some of them may back out if there are already applicable regulations that may put them behind those jail bars. Regulation may hinder us to just move freely but it is for our protection as well and it would make more people trust the crypto industry because there are already legal bindings involved.
newbie
Activity: 28
Merit: 0
March 26, 2018, 09:18:21 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.


Honestly, there are too many scams out there, and the community is finally waking up. Regulation is a good thing. Many may not believe it and think it is hindering the space; but it will be really good for companies, technology, and investors when we get rid of scammers.
full member
Activity: 532
Merit: 148
March 26, 2018, 08:31:30 PM
yes beside to improve crypto in the world, we can get a trust all of people to use crypto, the effect the market of bitcoin will be increase because the money for business like a trading, invest or etc will be safetly with a regulation from government every country
Yes, everything in this world need regulations to avoid being abused. Regulation is a rule thats maintains everything as normal. If there's no regulations or rule some users will abuse it. Even there is a regulation few users are not following it or they are breaking the rules. That's why some users are being punished. Everything is safe for having an active rules or authority are regulating it properly.
full member
Activity: 386
Merit: 100
March 26, 2018, 08:25:39 PM
Yes we do, we need to have guidelines enable to operate smoothly. It also reduce or eliminate online spammer.

Yeah I agree, we need guidelines especially to the newbie it's our responsibility to know about the regulation so we avoid doing wrong, like here in forum it has rules and regulation so we can do the right thing that can be better for the forum.
newbie
Activity: 154
Merit: 0
March 26, 2018, 08:04:25 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.

In fact, the market is very free, but I agree that we need the regulations related to ico.

Because there are a lot of ICO is a fraud, this is the destruction of the encryption industry, there is no benefit.

So we need some regulation, which is good for the market.
newbie
Activity: 41
Merit: 0
March 26, 2018, 07:27:41 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 we will still have the free market with regulations. When they say about the regulations then they literally mean that it’s use and the way it is exchanged should be regulated.
member
Activity: 223
Merit: 11
March 26, 2018, 07:06:42 PM
One thing is certain. Bitcoin is filling the holes of the legacy financial system and providing real solutions for pressing problems, like the banking of the unbanked. The legacy financial system has served us for a long time, but it fails to include far too many. Let’s be on this side of innovation and freedom, and let bitcoin and the cryptocurrency revolution work without excessive government meddling. We owe it to the unbanked poor across the world, to allow the tremendous inclusive benefits to help lift millions, if not billions, out of poverty.
full member
Activity: 1330
Merit: 147
March 26, 2018, 12:47:32 PM
yes beside to improve crypto in the world, we can get a trust all of people to use crypto, the effect the market of bitcoin will be increase because the money for business like a trading, invest or etc will be safetly with a regulation from government every country
Regulation from government or whatever you say is not able to make your money safely, but your money will safely in your investment is everything what you do is have a care, it's the key. Government can make your money safe because they didn't have authorization to access or control a system bitcoin. I often hear from government in my country, they say ' we not ban bitcoin but we neutral about bitcoin if you have investment in bitcoin we didn't ensure your money safe, entire risk be certified by user, because we don't have way to access your account.
newbie
Activity: 98
Merit: 0
March 26, 2018, 12:23:47 PM
yes beside to improve crypto in the world, we can get a trust all of people to use crypto, the effect the market of bitcoin will be increase because the money for business like a trading, invest or etc will be safetly with a regulation from government every country
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