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Topic: ICO Regulations (Read 888 times)

sr. member
Activity: 658
Merit: 256
September 25, 2017, 12:05:08 PM
#41
I think it is a given that in the US, the SEC will be involved. That is a good thing for crypto in my opinion. There were entirely too man scams. This will weed them out.

Yes, I also think the ICO regulations in China is a good thing to the ICO investors since there are many scams, some ICO projects even do not have a whitepaper and they want to raise a lot of money, that is crazy.

Agreed with your views. With regulation, it safeguard investors’ investment. The government should implement rules for companies to follow which will benefit the investors.
full member
Activity: 350
Merit: 100
September 25, 2017, 11:58:31 AM
#40
Hey hey, Crypto-Folk!

I'm just curious what do you think, guys, what kind of regulation can be set to bring ICO "under control"?


I don’t know man, because The majority of all the people here who sent a response to your post are not in favor with the idea. Even I disagree with it. Simply because people are used to ICOs not having too much regulations, or none. And for a fact, things that people have gotten used to are pretty hard to get rid or change. That is just how most people’s mind sets work.and besides, don’t you think this world has to much regulations in it already? Would really suck if even in crypto currencies we’d still be bombarded with tons of regulations. Although it is a nice idea, I don’t think it would work.

But assuming it really happens, it would be nice to connect it in to laws to prevent having a lot of scams. Or, set a standard for an ICO. Which asks that only ICOs that are innovative and useful or have a great platform are allowed to exist.
This would be nice regulations.
full member
Activity: 266
Merit: 101
September 25, 2017, 11:33:16 AM
#39
As far as other ICO's hosted all over the world, it's not a problem really. If they think that they can stop ICO's, they are wrong. People wanting to host an ICO will always have some fringe way to surpass laws and get the ICO going, just host it in any ICO friendly country.
That's one way to do that. Another is to do it anonymously. They can't go after you if they don't know who you are.

Another thing to realize is that a license from regulation authority doesn't necessarily imply that you won't get scammed. There have been dozens of online gambling sites, that had license in some jurisdiction (typically one from Carribean or Channel Islands) but nevertheless stole funds of their customers and nobody did anything about that because regulation authorities that gave those companies stamps of approval actually gave stamp of approval to anyone with enough funds to buy it. The same thing will happen to ICO regulations. You'll have countries with strict (but in the end unenforceable) laws and you'll have countries with lax regulation dishing out licenses to anyone with spare cash.
newbie
Activity: 18
Merit: 0
September 25, 2017, 11:22:03 AM
#38
I think no Doxers has to be a regulation. Everyone in the company needs to be an accountable person
full member
Activity: 560
Merit: 101
September 25, 2017, 11:06:17 AM
#37
You can't do it with regulations. At some point the bubble will break and all ICO will be affected.

Am the girl that believes in the Phoenix at which the good ICO's will continue their course and develop a product.

Regulations will not make the difference but our way of understanding and valuing ICO's

some point the bubble will break guest in IT-Park  Business Promotion !!
member
Activity: 140
Merit: 10
September 25, 2017, 11:02:16 AM
#36
People here saying that regulations wont make a difference, come on, even seasoned veterans here are wary of ICO scams, for new money coming in from people who are fresh off the boat, regulations will provide some confidence to them to invest more money..

I for one hate looking at amazing potential projects with my first thought being, is it legit or a scam?

sr. member
Activity: 635
Merit: 251
September 25, 2017, 10:39:31 AM
#35
I hope the regulations will cause a shift back to the "old" era of projects again.
Where we all start mining and go through the project together, less ico's please.  Tongue
sr. member
Activity: 322
Merit: 250
September 25, 2017, 09:30:43 AM
#34
Well i think its time for ICO to go under watch by goverment financial regulatory board and set some regulatory framework covering the sales,promotion and  distribution of token to public.
If ico will go under the watch of goverment this will provide security for consumers/investor.
One of the thing that i wanted to be regulate by  goverment are those startups whos product or services not yet fully designed, built or tested and yet they conduct operation and make revenue out of it.they should go under regulation and filtration before allowing them to do some operation cause most of the start up are just full of crapp.
legendary
Activity: 868
Merit: 1006
September 25, 2017, 07:51:34 AM
#33
I think regulations will not make much difference to ICO

They will, and I would wait for China to decide what they will do with ICO's before investing on any of the major Chinese hosted ICO's that are depending on liquidity on these markets.

I wouldn't expect a project like NEO to tribe properly if their main niche (China) is blocking it.

As far as other ICO's hosted all over the world, it's not a problem really. If they think that they can stop ICO's, they are wrong. People wanting to host an ICO will always have some fringe way to surpass laws and get the ICO going, just host it in any ICO friendly country.
full member
Activity: 232
Merit: 100
September 25, 2017, 07:50:11 AM
#32
It completely depends on what the regulations will contain.

If the regulations will be put in place to strangle ICO's then it will not help, and people will find ways around them.

If they are built to push ICO's to be better and push down the bad ICO's / scams then i am all for them. The way i see it, there are too many ICO's and this trend will only increase as long as they are not regulated.
full member
Activity: 308
Merit: 134
September 25, 2017, 07:38:41 AM
#31
ico must be regulated due to most of them are scams just aimed to raise money without doing real work, but how to regulate will be the flashpoint, what China did is overtaken, a more loose policy will be better
full member
Activity: 215
Merit: 100
CryptoFan
September 25, 2017, 07:36:53 AM
#30
I don't know what will be made in term of regulation, but you can't let any longer "companies" ask for money and leave with it. You need to put some securities of pay back in case of fraud...
member
Activity: 83
Merit: 10
September 25, 2017, 07:32:43 AM
#29
Hope there wont be a kind of "1 million licenses, before you can start an ICO". Thats wont work with such high velocity industry

that's a good point. Let's pray there won't be Smiley otherwise we'll get  over-corrupted with all this licence stuff.
jr. member
Activity: 266
Merit: 1
September 25, 2017, 07:04:41 AM
#28
Hope there wont be a kind of "1 million licenses, before you can start an ICO". Thats wont work with such high velocity industry
full member
Activity: 322
Merit: 100
September 25, 2017, 07:03:01 AM
#27
I do not really think that ICO regulations are good for crypto world. Trying to keep it under control would actually be against the phiolosophy of crypto currencies.
full member
Activity: 2548
Merit: 217
September 25, 2017, 06:40:04 AM
#26
Hey hey, Crypto-Folk!

I'm just curious what do you think, guys, what kind of regulation can be set to bring ICO "under control"?

don't panic relax and calm just wait the result of incoming fork i really beileve the strongest of bitcoin in the crypto world, to regulate bitcoin i think more study for that speculation bitcoin goes under control, how about the miner need to control also to regulate them but anyway  is almost a month to go the incoming fork so seatback and relax.
hero member
Activity: 2128
Merit: 520
September 25, 2017, 05:57:28 AM
#25
Wow, so many thoughts. Thank you, guys. So isn't it risky to invest now? I still trust in BTC' and other cryptocurrencies' growth. And would like to join the ICO for reorder. I like the idea. It seems that their coin has its future position on the market, since it's a coin which will be always "live" used. What do you think? https://bitcointalk.org/index.php?topic=2143865.40
Its still depends on how you deal with your assessment those people who really study hard about the project will surely earned and sometimes risky people who also take a bunch will ride ICO can be positive or negative if you are lucky it can go to thee moon but if not scammed are also possible and that's why Regulations are in talked about this ICO ventures.
member
Activity: 83
Merit: 10
September 25, 2017, 05:44:21 AM
#24
Wow, so many thoughts. Thank you, guys. So isn't it risky to invest now? I still trust in BTC' and other cryptocurrencies' growth. And would like to join the ICO for reorder. I like the idea. It seems that their coin has its future position on the market, since it's a coin which will be always "live" used. What do you think? https://bitcointalk.org/index.php?topic=2143865.40
full member
Activity: 658
Merit: 100
September 19, 2017, 11:13:24 AM
#23
Hopefully with the new regulations ICO will be more secure.

this is needed so investors feel safe to participate in ICO.
currently too much ICO and hard to find a potential and safe ICO.
if there is a special regulation then investors will not be confused and more confident.
sr. member
Activity: 602
Merit: 265
September 19, 2017, 10:45:54 AM
#22
Things might be changing, the SEC released a report  suggesting that ICOs are in fact subject to securities laws. It is only a matter of time before all kinds of regulations hit the sector, China has taken the lead.
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