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Topic: If regulation never comes - page 2. (Read 2977 times)

hero member
Activity: 2702
Merit: 716
Nothing lasts forever
October 12, 2019, 05:18:14 AM
Who says we will be able to protect ourself even if crypto is regulated globally. We can see crimes happening daily in our life despite the fact that Cops/CBI/Courts are there to fight crimes.
Similarly, even if crypto will be regulated, there will be scams happening everyday. There is nothing much we can do about it other than to educate ourself enough to stay aware and alert from such scams.
sr. member
Activity: 756
Merit: 257
Freshdice.com
October 12, 2019, 05:12:34 AM
If regulation never come anytime sooner can we protect ourselves? how can we protect ourselves from crypto monsters hiding in disguise, especially bounty projects coming into crypto space with full force, any ideas ? I know many are going to say we should do better research before promoting projects, is there any strict blows we can give these monsters by ourselves ?

Try to be smart, be cautious and always doubt those "to good to be true" deals. Those scam projects will look like it is the perfect cryptocurrency in the market and will promise unrealistic offers to its potential investors. Before you decide to invest in a project, read it carefully and research if it is legit. Take note to its public photos and the if the names in their company is real and existing. There is no better regulation than teaching yourself to analyze and critique the subjects in front of you.
member
Activity: 700
Merit: 10
October 12, 2019, 04:38:16 AM
If regulation never come anytime sooner can we protect ourselves? how can we protect ourselves from crypto monsters hiding in disguise, especially bounty projects coming into crypto space with full force, any ideas ? I know many are going to say we should do better research before promoting projects, is there any strict blows we can give these monsters by ourselves ?

Regulations have begun to be issued by several countries and in my opinion the fear of no regulation will begin to fade. Without regulation, it really is not a problem because this has been going on for several years, the problem that will occur is the occurrence of ICO scams and this will make us more careful in choosing investments
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
October 12, 2019, 03:43:02 AM
If regulation never comes then it will become harder for the cryptocurrencies to experience adaption because people will still become skeptical to cryptocurrencies because they will not trust it since there is no proper regulation and protection for them. Even though most of the cryptocurrencies are decentralized, it is a requirement for them to get regulated to establish trust for potential users.

Regulation has come. And it has made people even more skeptical of crypto because all these authorities are saying crypto is scam tool,,, crypto is the favorite method of criminals and terrorists and hackers.

But yes, I agree, regulations must be there because people need to be protected. I wish everyone knew how to take care of themselves but all the crypto scams prove that people cannot.
full member
Activity: 1148
Merit: 116
October 12, 2019, 03:07:17 AM
I am hoping that regulations will find its way to cypto space, the freedom is way too much and scammers are very bold enough to scam people with no fear of getting caught anymore, crypto is bleeding badly today because of scammers
sr. member
Activity: 1526
Merit: 251
October 12, 2019, 02:57:11 AM
but as long as there are no regulations there still remains a successful ico, I mean really running the project, not just a place to make a profit.
so the presence or absence of regulations is not very important, because even if there are regulations the scamer will still be there but it will be a little difficult to do their actions.
hero member
Activity: 1484
Merit: 535
October 11, 2019, 02:18:04 PM
If regulation never come anytime sooner can we protect ourselves? how can we protect ourselves from crypto monsters hiding in disguise, especially bounty projects coming into crypto space with full force, any ideas ? I know many are going to say we should do better research before promoting projects, is there any strict blows we can give these monsters by ourselves ?

Regulation is never gonna come. How can you regulate something that all transactions are made privately ?  You just have to be aware of the purpose of any project you  choose to promote.   Researching about the project is only thing you can do to protect your yourself from crypto monsters. 
member
Activity: 736
Merit: 11
October 11, 2019, 02:03:41 PM
if regulations will never come, then avoid any projects that you think are suspicious, IEO has been present to protect your investment safely but on the other hand you must also be vigilant before putting your money in any project. but I am sure that regulation will be there soon and the crypto industry will be even better than before.
full member
Activity: 770
Merit: 100
Oikos.cash | Decentralized Finance on Tron
October 11, 2019, 01:56:48 PM
If regulation never comes, we can prote t ourselves by deciding to end ICOs and IEOs exercises. When there's no one investing in ICOs or IEOs projects will minimize their rush to launch if everyone supports those projects already existing new scam projects won't come to play.
Why support only existing projects? 80 percent of existing projects are also scammers. it is better to look for new and honest teams who are ready to become leaders in this market
jr. member
Activity: 714
Merit: 3
October 11, 2019, 01:37:38 PM
If regulation never comes, we can prote t ourselves by deciding to end ICOs and IEOs exercises. When there's no one investing in ICOs or IEOs projects will minimize their rush to launch if everyone supports those projects already existing new scam projects won't come to play.
hero member
Activity: 1162
Merit: 516
1BTC Welcome Bonus
October 11, 2019, 12:55:26 PM
Regulation is really needed for every business that is same applicable for the crypto industries as well. Sometime for the people who doesn't aware of the regulations might be get hurt.
Swift there is any proper regulation moment goes we need to be informed to the concern people for their knowledge.
full member
Activity: 854
Merit: 104
October 11, 2019, 12:49:24 PM
If regulation never come many deviant individuals will take advantage of the situations and rip their preys of their hard earned coins all under fall pretence. Alsp many countries wont adopt it and would make it more illegal
How can cryptocurrency regulation not occur if this process has already begun and it is impossible to stop it. Cryptocurrency regulation is logical and inevitable. First of all, this is organizational regulation, which makes it possible to legalize cryptocurrency by states. States will establish general cryptocurrency circulation rules, and the FATF rules of June 21 this year are an example of this.
full member
Activity: 862
Merit: 100
October 11, 2019, 12:06:42 PM
of course it's a bad thing if without centainty about regulation, maybe some people already feel inflexible in carrying out activities
some parties have urged and decision haven't been taken, whether they are studying or don't care at all

I doubt very much that the cryptocurrency can be regulated. It is impossible to do it directly, as almost all of them are decentralized. The only thing that can be done is to define and formulate additional rules regarding the circulation of cryptocurrencies in the country (any country, by the way) and monitor their implementation in a similar way as they monitor cash turnover.
legendary
Activity: 1526
Merit: 1179
October 08, 2019, 11:13:57 AM
If regulation never comes we can´t think about mass adoption.
It's an interesting matter because there are various definitions of mass adoption. I think the mass adoption people here focus on, which is to have billions of people use crypto every day, will never be happening.

Crypto being as decentralized as it is has scaling problems that it can't solve long term speaking. The more use there is the more data each node has to store, which isn't going to be done by people like you and me, but corporations.

Bitcoin can perfectly reach mass adoption as store of value. People don't need to transact much. All they have to do is buy and hold. Looking at how people use Bitcoin, we're going towards that direction already.
hero member
Activity: 1470
Merit: 502
October 08, 2019, 10:56:52 AM
in any case a regulation is very important, the goal is to secure someone and to make something illegal that will be afraid to develop. in crypto regulations it is very important to keep all crypto users safe in investment, trading and other things and if the rules are not tightened then I think the developments in crypto will be difficult because there will be many bad things happening such as fraud in investment which until now are still widely found
member
Activity: 216
Merit: 10
Live, Hope, Win
October 08, 2019, 10:33:45 AM
If regulation never come many deviant individuals will take advantage of the situations and rip their preys of their hard earned coins all under fall pretence. Alsp many countries wont adopt it and would make it more illegal
sr. member
Activity: 1218
Merit: 254
Trphy.io
October 08, 2019, 10:30:13 AM
If regulation never comes we can´t think about mass adoption. Because goverments they feel they must protect their citizens from fraud or instability.
That is why most of our people are still afraid to enter the world of Crypto, because there is no regulation from the government so they are afraid to give their identity. I am very supportive if regulations come in the world of Crypto, because that will facilitate us in making transactions easily and comfortably.
sr. member
Activity: 1344
Merit: 270
October 08, 2019, 10:26:12 AM
#99
If many country never give regulation for bitcoin I think many investor look not interested for investing in bitcoin, many company want to left bitcoin as their payment partner because their country do not give regulation for bitcoin. Bitcoin team have to working together how to give explain for every country advantage of bitcoin.
full member
Activity: 954
Merit: 104
ludenaprotocol.io
October 08, 2019, 10:23:29 AM
#98
If regulation never comes we can´t think about mass adoption. Because goverments they feel they must protect their citizens from fraud or instability.
hero member
Activity: 1484
Merit: 516
October 08, 2019, 10:05:23 AM
#97
If regulation comes to this platform then both positive and negative things could occur, I believe that regulation will bring some good scenarios such as the price instability will be reduced and ICO scamming will also be protected, but it's also considered that this platform still young and it requires more time to renovate this crypto forum, on the other hand, if regulation some of the big fish like big investors will get discouraged to further invest, because we all know about the money in this platform, so regulation could bring both things, but I think it's high time to set up a rules and policies for making this platform more secure and reliable to the whole community and newcomer, Not only that but also small investors will feel safe in order to make their further investment.

that's right, if the rules never come, it's likely that scamming ico will be protected and more and more cheating is happening because it feels free and nobody regulates it. besides that security and comfort will certainly not be felt by investors so they feel worried if they want to start to invest.
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