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Topic: If regulation never comes - page 4. (Read 2977 times)

full member
Activity: 791
Merit: 139
October 04, 2019, 04:14:35 AM
#76
If regulation will never come then we will still have the shortage in demand on the market.
Regulation will make more country accept bitcoin, once this happen we will have mo merchant and local store to accept the coin.
That is the movement we need to have to gain more demand.
hero member
Activity: 2562
Merit: 586
October 04, 2019, 04:12:11 AM
#75
If regulations is absent in this space we will never know who are the bad guys here. Our first defense should be thorough research and investigate before we invest in anything, this forum alone has good people helping exposing scams preventing scammers from luring victims.  
We need that regulation badly because without that regulation, there is no way that decentralization can fully function properly because all those bad guys would keep taking advantage of it to scam lots of people. But with regulation, most of the bad guys would get hunted down by the authority which will reduce the level at which scam goes within the system.

The challenge here is that is government too willing to give in to the decentralization of the coins when they know that it will take power off them a little, so they rather prefer to embrace and regulate centralized coin. If regulation never comes for decentralized coins, I just wish we can personally come up with ideas that will help decentralized coins like bitcoin and some of these privacy coins like Monero.
sr. member
Activity: 1386
Merit: 250
1XBit.com
October 02, 2019, 03:08:26 PM
#74
Without regulations governing cryptocurrency certainly does not cause special effects for developers of ico or ieo who commit fraud and of course we also do not know where they are using funds obtained from investors, whether for project development or the funds are used for things that are negative, such funds can be used for illegal purposes such as money laundering or funding for crime, because indeed transactions that occur in cryptocurrency cannot be traced.
legendary
Activity: 2282
Merit: 1023
October 02, 2019, 10:42:35 AM
#73
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 ?
Do you think it is very difficult to protect yourself from investing in all the scam projects out there  Roll Eyes. Just stop investing your money in any projects that offers big returns and without any proven team behind it, if you are able to restrict those urge you really do not need any regulation. Since you are talking about bounties there is nothing you can do about it as people like you can be fooled easily if they offer big returns  Tongue.
member
Activity: 553
Merit: 11
October 02, 2019, 09:22:07 AM
#72
Don't be easily tempted by the project that offers great rewards. Because of the project I think fraud. There are things we have to do to avoid getting hit by fraudulent projects. Research and analysis of various aspects should be undertaken.

Regulation is indispensable as it can protect investors and everyone who works on a project. But I am sure if the regulations applied to the existing ones will surely be a new problem. Like KYC because every project definitely wants personal data. And the regulation will not make this crypto anonymous.
legendary
Activity: 3346
Merit: 1203
October 02, 2019, 08:54:06 AM
#71
Regulation will come now matter what as this cannot continue like this but until then enjoy the times. In my country Cryptocurrencies are already taxable since spring of 2019 so a lot of people currently don't withdraw in Romania and they go to Malta where they can withdraw without problems and also decentralized seems to have increase volume and traders.
Personally I have nothing against regulations but I hope it won't affect the price to stable at a current value at this is not bitcoin, we still needs volatility.
hero member
Activity: 1470
Merit: 509
October 02, 2019, 08:47:17 AM
#70
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 ?
How we continued without regulation so far, will continue to do so. We want regulations according to their good aspects but it may even be possible that the other side of it can take us away from this trade. If the regulations are against price volatility there will be those who leave. There are hundreds of new people here who want to be rich in a few days.
sr. member
Activity: 560
Merit: 250
October 02, 2019, 08:11:28 AM
#69
People made huge money with very small investments and nobody paid the tax. We're talking about systems that release mariujana to get tax. Of course, regulations will come. Dont worry!
sr. member
Activity: 1106
Merit: 310
October 02, 2019, 08:05:47 AM
#68
regulations is bad for crypto it will make a lot of limitations for crypto to grow and the market chance to grow is slim
since regulations will put crypto in a position wr there is no room for growth, since its being regulated it is also not consider as decentralized since it is control by the government, there will be laws and that will make investors think twice and it will be the end for crypto, people loves freedom thats what people want
legendary
Activity: 2464
Merit: 2094
October 02, 2019, 01:34:20 AM
#67
Try to participate in IEO projects released on reputable exchanges like Binance, bittrex, or Huobi. Trying to learn and improve your knowledge is also a way to avoid scammers. Practice protecting your money before we have specific rules.
Participating with IEO on famous exchanges might sound good.  Investors are interested because the exchange status usually has the confidence of many people.
Many people now jump into IEO because they know the potential and are safe to invest.  But still must be remembered, all risks must always be considered.
sr. member
Activity: 1400
Merit: 259
October 02, 2019, 12:56:18 AM
#66
IEO comes in after that.
The creation of it is because of that reasons that you told.
But that is only for new coins.
Investors are still buying coins which are from ICO and I dont think they know about IEO by now.
Better that we spread the news too so that avoiding it next time will be easy. Show them the difference of it with ICO.
hero member
Activity: 983
Merit: 502
October 02, 2019, 12:50:32 AM
#65
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 participate in IEO projects released on reputable exchanges like Binance, bittrex, or Huobi. Trying to learn and improve your knowledge is also a way to avoid scammers. Practice protecting your money before we have specific rules.
sr. member
Activity: 1022
Merit: 256
October 02, 2019, 12:46:22 AM
#64
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 ?

In the level of this forum, there is a certain degree of openness. Although some scam projects are red-tagged, there is really no paid staff or moderator that looks every single project coming in. If we want this forum to be cleaned up from these scams, everyone has to do his part. Especially bounty hunters, whose primary purpose in promoting a certain project is income, they are to be more careful and investigative in their research. You don't need to find protection from somewhere else, give it to yourself. Everybody can do it if they exert enough effort.
member
Activity: 644
Merit: 10
COVIR.IO
October 02, 2019, 12:40:02 AM
#63
In any case, states will be forced to regulate the activities of people in the field of cryptocurrency. This process has already begun, but it cannot be fast. It will take some time to complete it. Cryptocurrency is a completely new financial asset and the states simply did not know how to classify it and what to do with it. Gradually, states begin to understand the nature of cryptocurrency, a general concept of an approach to it is being developed. The cryptocurrency market is gradually growing, and therefore, states will be forced to turn their attention to it.
On the other hand, abuses in cryptocurrency have reached alarming proportions. Hackers, thieves, and scammers cause billions of dollars worth of damage to people. These are common crimes, albeit in a new field. They require a quick reaction from states.

Agree that the regulatory process will not come quickly. This process takes a long time because for the government, cryptocurrency is a new thing in the economic world. Many considerations from the government to regulate it because there are many coins on the market that are not securities
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
October 01, 2019, 11:53:00 PM
#62
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 will be on the long time processing and this can be sort out in the near future. Projects are keep spawning the market and we can see the effect of it as volatile keeps spreading. Ive been here for a long time, its not bad so far actually cause before there are more than a lot of projects doesn't even got listed and no liquidity but now it improving. I just hate that too many projects are keep starting though they dont have any use case or real application.
We should not expect a lot from the regulation to be created for crypto especially, We have seen how difficult for some big service related to the bitcoin trade contract like ETF to apply the license to the regulators.
Remember crypto is a decentralized and that means if we can build self-regulation and why do we need to see the regulation for crypto must be issued by the lawmaker as soon as possible?
Some people may argue if this will be related to the adoption from the institutional and public but remember to create a regulation for a new thing needs a lot of time.
We have seen some countries have been working with the regulation that will be applied for crypto but remember each country has a different level and perspective of regulation.

You can still protect yourself from the scammers or any criminals as long as you are only following the trusted services like IEO that has already made by big exchange site to avoid the ICO scammer. The problem is how we can create more awareness and education for newcomers because of the newcomers just like gold that will help the adoption of crypto.
sr. member
Activity: 2352
Merit: 245
October 01, 2019, 11:30:15 PM
#61
In any case, states will be forced to regulate the activities of people in the field of cryptocurrency. This process has already begun, but it cannot be fast. It will take some time to complete it. Cryptocurrency is a completely new financial asset and the states simply did not know how to classify it and what to do with it. Gradually, states begin to understand the nature of cryptocurrency, a general concept of an approach to it is being developed. The cryptocurrency market is gradually growing, and therefore, states will be forced to turn their attention to it.
On the other hand, abuses in cryptocurrency have reached alarming proportions. Hackers, thieves, and scammers cause billions of dollars worth of damage to people. These are common crimes, albeit in a new field. They require a quick reaction from states.
hero member
Activity: 1372
Merit: 503
October 01, 2019, 09:31:52 PM
#60
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 will be on the long time processing and this can be sort out in the near future. Projects are keep spawning the market and we can see the effect of it as volatile keeps spreading. Ive been here for a long time, its not bad so far actually cause before there are more than a lot of projects doesn't even got listed and no liquidity but now it improving. I just hate that too many projects are keep starting though they dont have any use case or real application.
full member
Activity: 1526
Merit: 111
Pepemo.vip
October 01, 2019, 09:22:56 PM
#59
if the regression will never come, I guess what you call a monster is still free to carry out the action. I think what we can do to not be affected by the actions of these monsters is we must be strong in psychological terms, so that we are not affected by the FUD or FOMO news that they make
sr. member
Activity: 1540
Merit: 420
www.Artemis.co
October 01, 2019, 09:12:49 PM
#58
If regulations is absent in this space we will never know who are the bad guys here. Our first defense should be thorough research and investigate before we invest in anything, this forum alone has good people helping exposing scams preventing scammers from luring victims.  
sr. member
Activity: 1274
Merit: 278
October 01, 2019, 08:44:23 PM
#57
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 ?

If I am not mistaken, you are waiting for a good regulation to come into market, in that case, you believe that it isn't safe here on crypto because of crypto monsters that you are mentioning, what about to stay to those that are already established way back before? Trade in binance, look market cap at coinmarketcap, store crypto in decentralized wallets. If you are afraid to take risk to support or utilize new projects, then do not, it's better to trust your intuition, than to make a big mistake so, what I can advise is for you to wait until your desired regulation is established.
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