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

Merit: 11

♦ SIMDAQ ♦

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

20BET - Premium Casino & Sportsbook

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.

Cmoh

full member

Activity: 420

Merit: 100

In today world there is no sign of regulating the ICOs market like the stock, bond or any other securities market. Because while we talk about the extraordinary features of the digital currency that nobody can track the original receiver and the sender of the identity except the transactions record in the public ledger in the blockchain. So, how any Govt. take the risk of the defaulter.

otunyot

member

Activity: 224

Merit: 10

If ICO is regulated as investment by security and exchange council, the ICO space will be safe and there will be few legit and genuine ICO to invest in! It will be advantageous to investors because it will be difficult for anyone to run away with investors money.

Denies

full member

Activity: 532

Merit: 170

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 sec has an important role for ico who is in America, some ico have been declared scams by sec, this is not good because it should be while ico is still selling products that can already be blocked by sec.
I think we need regulation for ico.

Monetran

newbie

Activity: 97

Merit: 0

Quote from: xuan87 on October 18, 2018, 12:30:38 AM

If there is someone to regulate the ICO then there will be less scamming happen, the buy and sales maybe going to be a bit complicated, but it will be good for crypto development, crypto can get a positive support if the investors know that they will have a better security for their investment

IF?

I just said that the SEC regulates startups with a Reg. CF offering.

There is no "if" about it. The regulator is the SEC and it is being done NOW.

Check this if you don't believe me: https://www.startengine.com/monetran-llc

Regulation is here and companies that have nothing to hide are complying with it.

Period. End of sentence.

Vit83

full member

Activity: 644

Merit: 100

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

xuan87

legendary

Activity: 1666

Merit: 1001

If there is someone to regulate the ICO then there will be less scamming happen, the buy and sales maybe going to be a bit complicated, but it will be good for crypto development, crypto can get a positive support if the investors know that they will have a better security for their investment

Monetran

newbie

Activity: 97

Merit: 0

Quote

I agree.
On the other hand, I heard about the project, which was created on the basis of crowdfunding - which in the US is allowed, but each of participants got cryptocurrency tokens as shares.
So there is a way.

Monetran is now accepting both foreign and U.S. investors but we give participants units, which consist of a "share" of equity plus a token as a perk.

The tokens are utility tokens and the unit is analogous to a "share" of ownership in the company.

dodgrad

hero member

Activity: 1067

Merit: 501

Quote from: Monetran on October 13, 2018, 10:52:33 AM

Quote from: CuriousGeorge on October 10, 2018, 11:16:37 PM

Quote from: Monetran on October 09, 2018, 05:00:59 PM

Quote from: pageraji on October 08, 2018, 11:06:43 PM

i think so many ICO' restricted to USA citizen, and SEC yurisdiction is only USA citizen right? a lot of investor out of USA, not have to worried about SEC

Not true. I've just gone through the process and we will be available to both U.S. and foreign investors.

What you are probably thinking about is the fact that SEC regulated companies must be based in the U.S.

All of companies that issued Bitcoin ETF applications are based in the US but so many times they are all getting rejected or even ignored by SEC. It's a bit difficul to explain but to fill all of SEC compliances look so difficult. We will see another rejection to the bitcoin ETF in the future and that's just the matter of time.

You are correct. SEC compliance is very difficult. And expensive. But legitimate startups know that to gain universal acceptance they must come under some regulatory guidance.

Just because BTC escaped the SEC because it was deemed a utility token does not mean that the SEC accepts that everything that operates using BTC is compliant.

Expect those who shun regulation to be in line for fines and legal proceedings.

It's only fair...

I agree.
On the other hand, I heard about the project, which was created on the basis of crowdfunding - which in the US is allowed, but each of participants got cryptocurrency tokens as shares.
So there is a way.

Beparanf

hero member

Activity: 2954

Merit: 796

Quote from: kolonel_x on October 13, 2018, 07:17:37 AM

I think if there is a regulation about the ICO, it is quite convenient for the protection of investors' funds and it is certain that IO is a really convincing person who will be there. And reduce the impact of fraud.

There are countries who needs to monitor each transaction in cryptocurrency, I wonder how well they can maintain their regulations. There are many countries who experiencing crypto regulations now.

Monetran

newbie

Activity: 97

Merit: 0

Quote

It will really cut out a lot of them as far as I am concerned, because in that case, you will actually need to meet up with regulatory compliance before you will even be considered legit and as long as you are not legit, seeing investors will not even be a thing.

You cannot see any scammer behind bars because they do not usually leave their footprint but at the same time, we would end up seeing a cleaner space eventually as we tend to see people beginning to know what to look out for and that obviously would get scammers frustrated knowing there is nothing for them

With regard to "leaving a footprint," the SEC process requires all founders and officers go through a background check.

Both I and my top team members had to be checked before getting approval.

And we had to pay for it.

Cashi

member

Activity: 392

Merit: 49

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 don't think we have to change anything for investors - the company who wants to run an ICO has to register to show it to the investors. If they register and the SEC confirms it, there would be less scams and more credibility of new projects.

Tigerw

member

Activity: 448

Merit: 12

Quote from: kolonel_x on October 13, 2018, 07:17:37 AM

I think if there is a regulation about the ICO, it is quite convenient for the protection of investors' funds and it is certain that IO is a really convincing person who will be there. And reduce the impact of fraud.

The fact is that if we take for example the United States of America, then in this country it is already at the state level to fight against fraud in companies. Thus, there are processes that do not allow fraudsters to deceive users of cryptocurrency and investors. This is a good example for other countries.

Monetran

newbie

Activity: 97

Merit: 0

Quote from: CuriousGeorge on October 10, 2018, 11:16:37 PM

Quote from: Monetran on October 09, 2018, 05:00:59 PM

Quote from: pageraji on October 08, 2018, 11:06:43 PM

i think so many ICO' restricted to USA citizen, and SEC yurisdiction is only USA citizen right? a lot of investor out of USA, not have to worried about SEC

Not true. I've just gone through the process and we will be available to both U.S. and foreign investors.

What you are probably thinking about is the fact that SEC regulated companies must be based in the U.S.

All of companies that issued Bitcoin ETF applications are based in the US but so many times they are all getting rejected or even ignored by SEC. It's a bit difficul to explain but to fill all of SEC compliances look so difficult. We will see another rejection to the bitcoin ETF in the future and that's just the matter of time.

You are correct. SEC compliance is very difficult. And expensive. But legitimate startups know that to gain universal acceptance they must come under some regulatory guidance.

Just because BTC escaped the SEC because it was deemed a utility token does not mean that the SEC accepts that everything that operates using BTC is compliant.

Expect those who shun regulation to be in line for fines and legal proceedings.

It's only fair...

limtjoehua

member

Activity: 216

Merit: 10

Best solution for smart cities

Quote from: Questat on October 13, 2018, 07:17:20 AM

Quote from: upsidedown75 on October 13, 2018, 05:08:57 AM

Quote from: desfira on October 09, 2018, 10:59:57 PM

Quote from: babarian on October 08, 2018, 11:48:07 PM

Snip

That would eventually happen in the long run, but currently, the scammers are continually enjoying their profit from the newbie.
Even with lack of regulation but as long as people will not rush to investing, I mean they should make a research, educate themselves, it could help minimize the scams.

Yes, that's what should happen, we must be able to do our own research. Because this will make us more independent and not dependent on others, so slowly our ability will increase and we will be more sensitive to ico that promises or not, also we will be wiser in managing an investment.

kolonel_x

sr. member

Activity: 1092

Merit: 250

I think if there is a regulation about the ICO, it is quite convenient for the protection of investors' funds and it is certain that IO is a really convincing person who will be there. And reduce the impact of fraud.

Questat

hero member

Activity: 2982

Merit: 610

Quote from: upsidedown75 on October 13, 2018, 05:08:57 AM

Quote from: desfira on October 09, 2018, 10:59:57 PM

Quote from: babarian on October 08, 2018, 11:48:07 PM

I don't care about SEC regulation. for any reason including protecting investors from losses, I am sure and believe that ICOs and crypto currencies will continue to develop without the SEC regulatoin. because we have our own community

I agree with you, because indeed an investor must be truly protected, because investors are a group of people who succeed in an ico.
without an investor, an ico cannot be said to be successful.

We have all seen over the years that without regulation, the possibility of seeing the space being corrupted by so called scammers and gullible investors will always be there and it is obviously something that would be needed to put some law and policies in place which I believe the SEC will be smart about it, rather than bringing up a regulation that would affect the space hugely.

In that case, I believe that a lot of shit projects will go into hiding and it would be hard to see scammers trying to show their face when investors can easily verify if they are complaint regulation-wise or not. I believe this would help the space to mature pretty fast, build confidence among investors and then grow.

That would eventually happen in the long run, but currently, the scammers are continually enjoying their profit from the newbie.
Even with lack of regulation but as long as people will not rush to investing, I mean they should make a research, educate themselves, it could help minimize the scams.

upsidedown75

legendary

Activity: 1288

Merit: 1036

Quote from: desfira on October 09, 2018, 10:59:57 PM

Quote from: babarian on October 08, 2018, 11:48:07 PM

I don't care about SEC regulation. for any reason including protecting investors from losses, I am sure and believe that ICOs and crypto currencies will continue to develop without the SEC regulatoin. because we have our own community

I agree with you, because indeed an investor must be truly protected, because investors are a group of people who succeed in an ico.
without an investor, an ico cannot be said to be successful.

We have all seen over the years that without regulation, the possibility of seeing the space being corrupted by so called scammers and gullible investors will always be there and it is obviously something that would be needed to put some law and policies in place which I believe the SEC will be smart about it, rather than bringing up a regulation that would affect the space hugely.

In that case, I believe that a lot of shit projects will go into hiding and it would be hard to see scammers trying to show their face when investors can easily verify if they are complaint regulation-wise or not. I believe this would help the space to mature pretty fast, build confidence among investors and then grow.

Casdinyard

hero member

Activity: 2184

Merit: 891

Leading Crypto Sports Betting and Casino Platform

Quote from: tomahawk9 on September 27, 2018, 07:27:39 AM

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 ?

Expect the market to be cleanse from shitty ico trying to earn a quick buck, or projects with vague ideas created with the sole purpose to attract investors only to exit scam at a later time.

Having a regulatorty framework making sure that the cryptosphere stays "healthy" from ico scams will help investors to trust the project they're investing in as ICOs will go through severe rules and only legitimate projects will survive. Hopefully, things will change for the better, and regulations will help attract more capital in the crypto ecosystem in the future.

And if icos gets regulated we will be having a fresh start for crypto space and people with evil plans will think twice before they execute their plan. Hopefully a strong regulation will further happen and those who have been guilty should be penalize.

However, this will take a lot of time to happen since SEC is still in the middle of ETF and ico regulation needed a lot of talk.

dodgrad

hero member

Activity: 1067

Merit: 501

Quote from: purtoricopirate on October 12, 2018, 01:03:09 AM

May as well stay away from ICOs, the only reason why people were making money before was because hype.

None of the hype exists anymore.

Unfortunately, many people think like you. Regulations are needed - especially to save people like you from losing money - without regulation, this money is unrecoverable without long-term processes. Personally, I am against regulations, but when I look at how people lose money irretrievably just because of their stupidity, I have to agree that legal regulations are needed.

purtoricopirate

newbie

Activity: 24

Merit: 0

May as well stay away from ICOs, the only reason why people were making money before was because hype.

None of the hype exists anymore.

desfira

member

Activity: 392

Merit: 14

CLEVERBOUNTY

Quote from: pamsugas on October 10, 2018, 02:24:54 AM

certainly no more scam if regulation ico is regulated
and ico will continue to be in demand by the public, but the ico regulation must be strict so that no one else will be harmed when the ico product is finished, it will still run real

yeah right bro, and hopefully with this regulation all ico will be successful and legit.
so investors will return to buy coins on ico.
and this is not just an investor who will feel it, but the bounties will feel it

XIE-XIE

member

Activity: 252

Merit: 19

SYNAPSECOIN.NET

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 ?

Has this been done, I think it must be done, I think the current model is not completely safe, let alone many ico scams happen when the price of bcc goes down

jawakoak

jr. member

Activity: 185

Merit: 1

ICO is needed regulation for protecting investor, so many ICO scam and run with investors money..but SEC just protecting USA citizen

nl247

full member

Activity: 518

Merit: 145

Quote from: samcrypto on October 09, 2018, 06:26:30 PM

Quote from: i7claufe on October 09, 2018, 06:11:04 PM

At first, this is a bad idea for the crypto community. But as what is happening right now, this is the best move and what the community needs for a greater and better crypto community.

So many fake ICO's and scam projects and I think being regulated by SEC can secure the trust of many investors again. This is what we need right now, the market is stable right now and there is no major improvements. If we want to see this market again, let's accept that government can really make this market more secure in the future.

That is actually the main idea and in as much as some people may want to have some problem with regulation, I believe in the long run it would bring more good than harm.

We sure see without some form of law in place, it is human nature for some to want to do things the way they like and try to steal from investors. The trust is diminishing in the ICO space, and we keep seeing shit coins evolving every day and some naïve investors still falling into the trap, with regulations, it would really reduce a whole lot of that and bring about a more matured space for investors and even bigger ones to want to come into the space which is a good thing.

CuriousGeorge

sr. member

Activity: 1498

Merit: 251

KUWA.ai

Quote from: Monetran on October 09, 2018, 05:00:59 PM

Quote from: pageraji on October 08, 2018, 11:06:43 PM

i think so many ICO' restricted to USA citizen, and SEC yurisdiction is only USA citizen right? a lot of investor out of USA, not have to worried about SEC

Not true. I've just gone through the process and we will be available to both U.S. and foreign investors.

What you are probably thinking about is the fact that SEC regulated companies must be based in the U.S.

All of companies that issued Bitcoin ETF applications are based in the US but so many times they are all getting rejected or even ignored by SEC. It's a bit difficul to explain but to fill all of SEC compliances look so difficult. We will see another rejection to the bitcoin ETF in the future and that's just the matter of time.

leavolnhals

full member

Activity: 770

Merit: 101

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 ?

Maybe it will change whole. Because the SEC wants every transaction to be transparent, more detailed. But it seems that the Crypto representative does not want this and that is why the SEC has refused to enter the Crypto market and canceled the Bitcoin ETF.

desfira

member

Activity: 392

Merit: 14

CLEVERBOUNTY

Quote from: WalkerIVIV on October 10, 2018, 01:30:25 AM

Quote from: desfira on October 09, 2018, 10:59:57 PM

Quote from: babarian on October 08, 2018, 11:48:07 PM

I don't care about SEC regulation. for any reason including protecting investors from losses, I am sure and believe that ICOs and crypto currencies will continue to develop without the SEC regulatoin. because we have our own community

I agree with you, because indeed an investor must be truly protected, because investors are a group of people who succeed in an ico.
without an investor, an ico cannot be said to be successful.

And that's the reason why SEC was protecting their investors from ICO. Remember about what has already happened with centra and there will be a lot of lesson you can try to take a look on that case dude.
As you can see that how centra was being a scam project and CEO that used the money from ico to buy a super car.

indeed it becomes a very valuable lesson for all investors.
especially if you are a big investor, it is a risk that is quite hard to live.
a lot of scam projects now, which hurt many investors

pamsugas

sr. member

Activity: 1092

Merit: 255

certainly no more scam if regulation ico is regulated
and ico will continue to be in demand by the public, but the ico regulation must be strict so that no one else will be harmed when the ico product is finished, it will still run real

omonuyak

sr. member

Activity: 882

Merit: 269

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 ?

Many people are loosing money in icos investments because it is not regulated and those that were able to make money from icos were those that were able to invest on those good projects that come out last year and years before. Sec need to regulate this market in other to bring sanity into it.

WalkerIVIV

hero member

Activity: 2436

Merit: 503

Cryptocasino.com

Quote from: desfira on October 09, 2018, 10:59:57 PM

Quote from: babarian on October 08, 2018, 11:48:07 PM

I don't care about SEC regulation. for any reason including protecting investors from losses, I am sure and believe that ICOs and crypto currencies will continue to develop without the SEC regulatoin. because we have our own community

I agree with you, because indeed an investor must be truly protected, because investors are a group of people who succeed in an ico.
without an investor, an ico cannot be said to be successful.

And that's the reason why SEC was protecting their investors from ICO. Remember about what has already happened with centra and there will be a lot of lesson you can try to take a look on that case dude.
As you can see that how centra was being a scam project and CEO that used the money from ico to buy a super car.

desfira

member

Activity: 392

Merit: 14

CLEVERBOUNTY

Quote from: babarian on October 08, 2018, 11:48:07 PM

I don't care about SEC regulation. for any reason including protecting investors from losses, I am sure and believe that ICOs and crypto currencies will continue to develop without the SEC regulatoin. because we have our own community

I agree with you, because indeed an investor must be truly protected, because investors are a group of people who succeed in an ico.
without an investor, an ico cannot be said to be successful.

haruna69

newbie

Activity: 80

Merit: 0

i think insurance
SEC not approv random things as they want like kids
but for investment security
so if it legal, the ico should be a really save and profit guarantee, if its not match the contract the ico owner could be sued in law
#imo

samcrypto

sr. member

Activity: 2044

Merit: 314

Vave.com - Crypto Casino

Quote from: i7claufe on October 09, 2018, 06:11:04 PM

At first, this is a bad idea for the crypto community. But as what is happening right now, this is the best move and what the community needs for a greater and better crypto community.

So many fake ICO's and scam projects and I think being regulated by SEC can secure the trust of many investors again. This is what we need right now, the market is stable right now and there is no major improvements. If we want to see this market again, let's accept that government can really make this market more secure in the future.

i7claufe

member

Activity: 378

Merit: 42

AhrvoDEEX FUTURE OF BROKERAGE TRANSACTIONS

At first, this is a bad idea for the crypto community. But as what is happening right now, this is the best move and what the community needs for a greater and better crypto community.

Monetran

newbie

Activity: 97

Merit: 0

Quote from: pageraji on October 08, 2018, 11:06:43 PM

i think so many ICO' restricted to USA citizen, and SEC yurisdiction is only USA citizen right? a lot of investor out of USA, not have to worried about SEC

Not true. I've just gone through the process and we will be available to both U.S. and foreign investors.

What you are probably thinking about is the fact that SEC regulated companies must be based in the U.S.

Monetran

newbie

Activity: 97

Merit: 0

Quote from: the13thsymphony on September 27, 2018, 04:44:21 PM

If the SEC starts to regulate the ICOs it will filter scan ICOs to an extent as ICOs would need to pass their regulations first, however it will still not be a hundred percent sure that scam ICOs will be scam free and it will not also insure that very ICOs will be successful that is why even if it has been passed an investor should still be deligent in choosing.

Perhaps SEC regulation will not cut out 100% of the cheats but, because of how they are regulated, the SEC does know who to come after and perpetrators will be put in jail.

How many unregulated scam artists are behind bars now?

vintages

full member

Activity: 966

Merit: 153

Well, many people who believes it's the breakthrough will run back to ICO if the regulation come to be. Truely, cryptocurrency regulation is what many of us have being asking for. Hopefully, we might start seeing better ICO than what we have being seeing before and also less fraudulent activities in ICOs. And probably, many governments who have banned ICOs in their state might lift the restriction.

babarian

full member

Activity: 658

Merit: 100

I don't care about SEC regulation. for any reason including protecting investors from losses, I am sure and believe that ICOs and crypto currencies will continue to develop without the SEC regulatoin. because we have our own community

pageraji

full member

Activity: 966

Merit: 100

i think so many ICO' restricted to USA citizen, and SEC yurisdiction is only USA citizen right? a lot of investor out of USA, not have to worried about SEC

pitiflin

hero member

Activity: 980

Merit: 507

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 have heard that the SEC is prosecuting and is going after scam ICOs already. But there are thousands of these and SEC don't have enough man power to go after them, it'd take them years,and by that time the scammers would have run away to a getaway haven by then. The ICO market hasn't changed at all, even after SEC's warnings and prosecutions. Oh,except for random websites in the name of ICOs asking for your KYC, even if you're an apparent bounty hunter. #FeelsBadMan.

CuriousGeorge

sr. member

Activity: 1498

Merit: 251

KUWA.ai

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 will be so difficult to imagine but there will be a lot of requirements for ico provider to be compliance with SEC regulations or i think that will almost impossible for me personally consider so many times ETF has been rejected bitcoin application and that means they are still not trusting crypto.

the13thsymphony

jr. member

Activity: 297

Merit: 1

If the SEC starts to regulate the ICOs it will filter scan ICOs to an extent as ICOs would need to pass their regulations first, however it will still not be a hundred percent sure that scam ICOs will be scam free and it will not also insure that very ICOs will be successful that is why even if it has been passed an investor should still be deligent in choosing.

OpenCryptoSystem

jr. member

Activity: 182

Merit: 3

Ok its always order out of chaos.
Right now the market un preticteble..un regulated, but hey...we all remember that anything what is now regulated was long time ago unregulated.

tomahawk9

hero member

Activity: 2086

Merit: 994

Cats on Mars

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 ?

Expect the market to be cleanse from shitty ico trying to earn a quick buck, or projects with vague ideas created with the sole purpose to attract investors only to exit scam at a later time.

Having a regulatorty framework making sure that the cryptosphere stays "healthy" from ico scams will help investors to trust the project they're investing in as ICOs will go through severe rules and only legitimate projects will survive. Hopefully, things will change for the better, and regulations will help attract more capital in the crypto ecosystem in the future.

damberg

full member

Activity: 658

Merit: 108

Quote from: batang_bitcoin on September 26, 2018, 05:44:03 PM

Then investors will be advised by SEC if those ICOs are good/bad.

SEC Official: ICO Market Shows Need for Securities Regulation

SEC releases draft rules on initial coin offerings

ICO regulation is inevitable, it will help the market to stabilize (regarding to risk rather than price) and further grow. Some of rules in the draft are actually on point and should be taken by any ICO.

sinkfish

jr. member

Activity: 252

Merit: 1

much SEC can do is to protect dumb and lazy investor being scammed by fake ICO.

tdeannova

full member

Activity: 504

Merit: 102

I strongly agree that ICO can be regulated by a regulation and I am very supportive if the objectives of the SEC protect every investor and can guarantee that once the regulation is made there is no more scam project. But with the note that the SEC only regulates icons from the United States alone and for ICO from other countries, there must be an official regulator from the country of origin of ICO.

xIIImaL

legendary

Activity: 1372

Merit: 1005

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 ?

Let the bill pass first because there is no use to discuss before SEC does the legal acceptance on ICO and altcoins. if the value grows it is not relay on the decision on SEC only we need more adoption and acceptance by government other side.
If these things happened investors will be taken it serious and invest more on ICO and alt coins in coming years.

Gozie51

hero member

Activity: 2660

Merit: 630

Vave.com - Crypto Casino

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.

There will be a more focused market with a lot of trust and confidence from both the investor and the ico.

Regulations come with limitations and order, so there will be restrictions to how many unit of coin to be sold by the ico based on there capital, project and goal.

Likewise the buyer too will be restricted on how many unit to buy at once or totally acquire. This is to enable other investors to come and bring their own support too to make competition come in which will help in the long term.

Jordens

full member

Activity: 406

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 ?

Whether people want to regulate projects, on the one hand, there will be a minimum number of scammers, but on the other hand, with this regulation, investors will invest even more investment and wait even longer.

sfireman

full member

Activity: 206

Merit: 100

Decentralized Ascending Auctions on Blockchain

Quote from: ?? on ??

That will bring some revival to a dying segment of the cryptospace. Most investor are very weary of ICOs these days as the woes seem to outweigh the gains in many cases. 31 mln USD has so far be raised for the month of September for all ICOs (https://www.icodata.io/stats/2018), Typically, over 500 mln should been raised by now if things were doing great.

thanks. nice site. so people still invest into ICO. just because they dont invest into many trash ICO like the day before

OpenCryptoSystem

jr. member

Activity: 182

Merit: 3

Quote from: reflector on September 26, 2018, 05:54:08 PM

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 ?

In current ETF is also critical to pass because most of the failed in the market. SEC is improve the liquidity and durability so many peoples are believe the crypto investment. But most of the time crypto is highly fluctuating in the market and there is no negative rumours are affected in the market so the only dought is how it it was going to down gradually in the market. I expect this time also it will failed again so don't trust the SEC.

Dont trust Sec but whats the point of this SEC then.?

So they want to take ico-s. Like under goverment regulation control?

The next will be: STO security token offering....

What is the sto even ?? Why they cant keep it just as ico
Regular ico just

reflector

sr. member

Activity: 826

Merit: 263

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 ?

In current ETF is also critical to pass because most of the failed in the market. SEC is improve the liquidity and durability so many peoples are believe the crypto investment. But most of the time crypto is highly fluctuating in the market and there is no negative rumours are affected in the market so the only dought is how it it was going to down gradually in the market. I expect this time also it will failed again so don't trust the SEC.

batang_bitcoin

hero member

Activity: 3080

Merit: 603

Then investors will be advised by SEC if those ICOs are good/bad.

SEC Official: ICO Market Shows Need for Securities Regulation

SEC releases draft rules on initial coin offerings

OpenCryptoSystem

jr. member

Activity: 182

Merit: 3

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 ?

Topic: Ico and sec regulations (Read 778 times)