Ico and sec regulations | Bitcointalksearch.org

Monetran

newbie

Activity: 97

Merit: 0

Quote from: beerlover on October 19, 2018, 10:59:08 AM

Quote from: Vit83 on October 18, 2018, 01:13:38 AM

If it will be regulation we will see less scum, more security tokens but KYC will be required for all ICO.

Less scums indeed. One thing with regulations generally is that, it brings about laws and rules that would make anyone to think twice before deceiving investors or trying to scam when they know the repercussions to that. It is only when there is no rule that you will get to see some things just happening anyhow and then there is no caution of some sort.

For instance, taking a look at Centra project in the past, and how the team was arrested for deceiving investors, those are the kind of things regulation will truly put in place as far as I am concerned. It has even shown over the years, that human being actually like being controlled, otherwise things can get out of hand.

By control, I mean there should be law and regulations in place as that would help curtail a lot of people into having to do something terrible at the detriment of other people. It is a tough world in which we will always get to see scum bags who are just looking for those they can rip off, but I believe when regulation is in place, you cannot just start an ICO without going through some verification process, investors tend to know the criteria to look out for, it will help a lot to reduce or eliminate scam in the space.

This sentiment is repeated many times over on these crypto investment boards.

Now investors just have to look for regulated projects to put their money on.

And yes, we are out there.

armarsterling7

member

Activity: 420

Merit: 10

The SEC has asked all ICO projects to publicize their plans and information about the team. In addition, they want the Crypto market to change the way it operates. They need authentic information to be able to solve the problem in a satisfactory manner. But blockchain technology has not changed and SEC has refused to enter the market.

Wolfwar

member

Activity: 630

Merit: 14

Quote from: hovrah on October 19, 2018, 10:34:26 AM

Quote from: psikolog on October 18, 2018, 10:50:08 PM

Almost everyone on market is waiting for regulations. But Im not sure it will really be positive for market either. Maybe current form is better. But if we want it or not regulations will come.

And how long to wait for these rules? While the cryptocurrency market and the ico market of companies have a very large percentage of fraud, we are losing a lot of potential.

Not only are we losing potential, but real money. Scammers steal from the cryptocurrency market so much capital that would be enough for many promising projects that would develop not only new ideas, but the entire cryptocurrency market.

Idrisu

sr. member

Activity: 924

Merit: 260

Quote from: OpenCryptoSystem on September 26, 2018, 09:16:07 AM

So how the ico sales and buying will look like after sec will regulate the ico.

What will be changed for investor if the new system will be for the ico-s ?

It is better sec should regulate the icos and bring stability in it than the current situation we have find ourselves. Currently, I am very scared of investing into icos and I think many of us are afraid too. If governments did not step in many investors are going to be losing money. Investors are going to enjoy if sec can start regulate cryptocurrencies market and icos in particular.

beerlover

legendary

Activity: 3052

Merit: 1188

Quote from: Vit83 on October 18, 2018, 01:13:38 AM

If it will be regulation we will see less scum, more security tokens but KYC will be required for all ICO.

Less scums indeed. One thing with regulations generally is that, it brings about laws and rules that would make anyone to think twice before deceiving investors or trying to scam when they know the repercussions to that. It is only when there is no rule that you will get to see some things just happening anyhow and then there is no caution of some sort.

For instance, taking a look at Centra project in the past, and how the team was arrested for deceiving investors, those are the kind of things regulation will truly put in place as far as I am concerned. It has even shown over the years, that human being actually like being controlled, otherwise things can get out of hand.

By control, I mean there should be law and regulations in place as that would help curtail a lot of people into having to do something terrible at the detriment of other people. It is a tough world in which we will always get to see scum bags who are just looking for those they can rip off, but I believe when regulation is in place, you cannot just start an ICO without going through some verification process, investors tend to know the criteria to look out for, it will help a lot to reduce or eliminate scam in the space.

hovrah

sr. member

Activity: 756

Merit: 250

Quote from: psikolog on October 18, 2018, 10:50:08 PM

Almost everyone on market is waiting for regulations. But Im not sure it will really be positive for market either. Maybe current form is better. But if we want it or not regulations will come.

And how long to wait for these rules? While the cryptocurrency market and the ico market of companies have a very large percentage of fraud, we are losing a lot of potential.

Monetran

newbie

Activity: 97

Merit: 0

Smart companies in the U.S. are proactively submitting to SEC regulations. That's because only a regulated company - and its tokens - will ever gain universal acceptance.

Investors should take that into consideration. Do you want to invest in a company which has the potential to have its currency universally accepted? Then that company will have to yield to regulation.

Right now everyone loves to talk about BTC, Ether, XRP, etc., but no major retailer such as Amazon or Walmart will accept an unregulated token any more than they would accept coconut shells.

Time to face reality.

psikolog

member

Activity: 210

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Almost everyone on market is waiting for regulations. But Im not sure it will really be positive for market either. Maybe current form is better. But if we want it or not regulations will come.

Alanaz

member

Activity: 980

Merit: 10

I think it will be good for IO, the level of trust will be even higher and scam ico project will be avoided, I am sure that with the regulation sec, the capital invested by investors will be guaranteed its security.

minairia3

sr. member

Activity: 1498

Merit: 326

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Quote from: OpenCryptoSystem on September 26, 2018, 09:16:07 AM

So how the ico sales and buying will look like after sec will regulate the ico.

What will be changed for investor if the new system will be for the ico-s ?

Old news. Scared off some already but never for those free lands that vow not to control the ICOs. And the investors will adjust not the peeps out there that will just look dumb when this space becomes mooning as fudge

AUruHM

sr. member

Activity: 896

Merit: 251

Watch on news - SEC started own FinTech direction. And STO will in this branches also. It's mean that ICO will live but it will be transformed in the STO and other under the direction of SEC. It's simple. If you can't stop then lead it. SEC will do it

allohha

full member

Activity: 672

Merit: 176

Quote from: Andrew1337 on October 18, 2018, 02:03:37 PM

I dont think the sec will be applied to all the countries . I think sec is only applied to USA region not in Europe . But I think is a bad idea for investors because this is crypto world not real world

in any case, all this activity must be legalized, because each user of cryptocurrency has the right to legal protection in difficult situations that may arise.

dawai asmara

full member

Activity: 686

Merit: 100

Quote from: hubballi on October 18, 2018, 10:25:43 AM

If SEC is going to regulate then one thing is sure that all customer database will wont be confidential and any time the datas can be used by the sec and if the investor is not investing legal investment then he will be in legal problem. Apart from that ICO scam will become less.

My assumption is that the SEC cannot do it all at once if they finally react positively, while they only focus on the crypto in the proposal that is said to have the possibility to connect to the public stock market.

for kyc and reducing decentralization space is true, but there is a space where they cannot have implications for interfering in an exchange market other than the USA.

The ICO problem is indeed a big disease this year, I hope the SEC can manage it so that it doesn't look too messy with more proportional provisions.

Andrew1337

sr. member

Activity: 574

Merit: 255

I dont think the sec will be applied to all the countries . I think sec is only applied to USA region not in Europe . But I think is a bad idea for investors because this is crypto world not real world

hubballi

sr. member

Activity: 882

Merit: 297

If SEC is going to regulate then one thing is sure that all customer database will wont be confidential and any time the datas can be used by the sec and if the investor is not investing legal investment then he will be in legal problem. Apart from that ICO scam will become less.

ZzV1Finn

full member

Activity: 345

Merit: 100

I agree, strange growth. On the account and strongly - probably unlikely. Personally, I'm more inclined to forecast a rollback to 1500. At least that seems like a more realistic price to pay today.

xfaqs01

full member

Activity: 490

Merit: 100

Quote from: OpenCryptoSystem on September 26, 2018, 09:16:07 AM

So how the ico sales and buying will look like after sec will regulate the ico.

What will be changed for investor if the new system will be for the ico-s ?

first of all that regulation your talking about is only in the united states and long before that icos are being launched out USA before and they are succesful, so wether sec regulates it in USA or not that doesnt mattet at all, or it could boost the success of many new icos,

minizi99

full member

Activity: 242

Merit: 100

The problems on the exchanges of the crypt calmed down a bit and cooled the market, plus it grew strongly for 2 months, so a little exhausted. The cue ball will go down soon, that's for sure.

phoinex

full member

Activity: 560

Merit: 165

Quote from: OpenCryptoSystem on September 26, 2018, 09:16:07 AM

So how the ico sales and buying will look like after sec will regulate the ico.

What will be changed for investor if the new system will be for the ico-s ?

I think this will bring benefits to all of us, both positive and negative, but with responsibility there will be improvements to the progress of the ICO for the sake of truly both investors and developers

Sylvial

jr. member

Activity: 182

Merit: 2

Quote from: OpenCryptoSystem on September 26, 2018, 09:16:07 AM

So how the ico sales and buying will look like after sec will regulate the ico.

What will be changed for investor if the new system will be for the ico-s ?

I'll be derailing this thread a bit, and I apologize in advance. You're a Newbie or let's say demoted Jr. Member, but you have 4 negative trusts already. This is actually very worrisome and you should find ways to fix your reputation on here.

About the subject in discuss, I believe regulations will actually sanitize the crypto space and shape the quality of ICOs that launch on the space. Scam projects will be scared as they need to get certain permits to run an ICO. Ultimately, it will be the gain of investors like you and I as it would limit the losses incurred from investing in shady projects. It will also build confidence in the space and more institutional investors will pick interest.

Topic: Ico and sec regulations (Read 790 times)