Topic: Is ICO regulation good or bad? - page 21. (Read 31583 times)
Nobody can tell for now. We have seen unregulated ICO space and it has not been bad after all! If government insist on Regulations, it will definitely kill creativities around cryptocurrency development! It will be nice to see how the ICO will look like with regulations then we can choose what we want!
Very good, it will atleast reduce the number of scam projects out there.
Ico regulations to me will be one of the best decision ever made in Cryptocurrency world, imagine about more than 60% of ICOs are scams, and I believe that if regulations is put in place, it will be a cleanser in the market, thereby encouraging more investors
I think regulation of ICO would be a good thing as long as it is not pushed too far. Because there are so many ICOs which are scam and don't get punished for there crimes, government should track down these people and pt them in jail.
But the other thing is that with more regulations governments will require the identity of the investors meaning KYC would become mandatory which is a bad thing because a majority of us wants to stay anonymous and don't want to pay taxes or anything on their earnings.
But the other thing is that with more regulations governments will require the identity of the investors meaning KYC would become mandatory which is a bad thing because a majority of us wants to stay anonymous and don't want to pay taxes or anything on their earnings.
Im my opinion ico regulations help investors not to be scammed, because different organizations like SEC will check all the information about the team and their backgrounds.
I think it will be quite beneficial, if it doesn't alter the essence of the cryptos themselves, but in reality there are too many scams going on and we need something to regulate the market to avoid scaring away the people who are learning, if every time someone comes into this world they are going to get scammed it can became in a very negative image in this environment.
ICO regulation has advantages and disadvantages for us. The advantage is that we can invest in them with confidence. The risk is small, but the profit from it will be less. The disadvantage is that if there is no supervision, then there will be many ICOs in the whole market. Most of them are scams, so the risk of investment will be even greater.
90% of the ICOs are scam it has been proven with the experts reviews and have been listed on so many websites. There must be regulation introduced by the government else people will loose their hard earned money & they will loose their trust in this crypto field because of the scam ICOs. Today I saw news about new way of reaching Hardcap by cheating exposed by the ICODROP. This scam ICOs reach hard cap by sending collected funds with help of escrow to themself and show the fake salling of their token. Once they reach on the exchange price of the token gets down drastically.
Check this screenshot for reference.
Here the twitter link about some dishonest ICOs faking Hardcap reached
https://twitter.com/ICODrops/status/1027558795919147009?s=19
Check this screenshot for reference.
Here the twitter link about some dishonest ICOs faking Hardcap reached
https://twitter.com/ICODrops/status/1027558795919147009?s=19
I think it's good and necessary, of course, it depends on how much they regularize it, but if we want this to be a legitimate and stable market we have to get used to the idea that there can't be so much freedom, because at the moment ICOs scams are everywhere scamming everyone and that does a lot of damage to new investors.
I think IOC really needs strict regulation so that investors' funds will be safer and protected from false and premature ico projects
If there is legalization of crypto currency completely in the whole world, then the participants will become much more like investors, so I'm neutral about it.
Frequently it caters for better outcomes putting money in ICOs and ITOs which people are experts at so by this bear a higher chance to get to decide solidly, so regulation will help.
Regulating icos is good in a sense that we can somehow eliminate the possibility of being victims from fake or scam icos this, making our investments safe.
More and more countries are planning to regulate ICOs. China, Canada, Russia,... I think this in an development nobody can stop. Do you think it is good or bad that ICOs will be more regulated in the near future? What positive and negative influences will it probably have?
I think there will be more investors like professional managed funds or even retirement funds which will invest into ICOs. The prices for ICOs will then become even more expensive and make it more difficult to make profits for small investors.
On the one hand, ICO regulation is necessary to reduce the risk of fraudsters. But if there is regulation, then most likely we will receive a very small reward, due to the increase in the number of participants and covering all project costs. Perhaps even that they will introduce a profit tax. I think there will be more investors like professional managed funds or even retirement funds which will invest into ICOs. The prices for ICOs will then become even more expensive and make it more difficult to make profits for small investors.
It depends on the analysis of your project and experience, if you can analyze the ICO project well then you invest in them to earn very high profits.
More and more countries are planning to regulate ICOs. China, Canada, Russia,... I think this in an development nobody can stop. Do you think it is good or bad that ICOs will be more regulated in the near future? What positive and negative influences will it probably have?
I think there will be more investors like professional managed funds or even retirement funds which will invest into ICOs. The prices for ICOs will then become even more expensive and make it more difficult to make profits for small investors.
I think there will be more investors like professional managed funds or even retirement funds which will invest into ICOs. The prices for ICOs will then become even more expensive and make it more difficult to make profits for small investors.
Interestingly, most ICOs from China is very successful.
It seems that even though the Chinese government is tough on the pre-coding market, it does not come to investors. In the past, when the government shut down the Bitcoin trading floors, many investors turned to the decentralized stock market platform, while others went to foreign exchanges. Encryption always has hidden risks, but the risk has also attracted investors, despite the ban.
Exactly, all these people calling for regulation are handing cryptocurrencies over to central banks, Goldman Sachs and J.P Morgan. These people would love to regulate cryptocurrencies the way they do gold and fiat. This is a club, and we ain't in it.
The people who lost money on ICOs, it's your own damn fault, you have nothing to blame but your own FOMO and lazyness. Many of these scams looked dodgy from the start, with only a little research.
If governments step in it will be the end of cryptocurrencies as we know them, they will keep taking inches until they take a mile. Doing simple transactions will require I.D, they will want to know everything you're doing. Just like when you want to withdraw large amounts from the bank and you get asked questions.
The complete opposite of what cryptocurrencies are supposed to be, decentralised peer-to-peer trade.
For me the direction of ICO is something worth being thankful for. The primary motivation behind it is to stay away from SCAMs. There are heaps of ICOs wherein the designers pursued away the ICO. Numerous financial specialists were abandoned with no piece of information on how they can recoup what they had contributed. By controlling it, there will be directions that need to take after before beginning an ICO.
I think the regulation of ICOs is simply necessary. There are a lot of scammers in this sphere, so people do not invest a lot of capital here.
More and more countries are planning to regulate ICOs. China, Canada, Russia,... I think this in an development nobody can stop. Do you think it is good or bad that ICOs will be more regulated in the near future? What positive and negative influences will it probably have?
I think there will be more investors like professional managed funds or even retirement funds which will invest into ICOs. The prices for ICOs will then become even more expensive and make it more difficult to make profits for small investors.
I think some regulation is good because too many people get scammed every day. With regulation, promising ICOs will get more protection and community attention. I think there will be more investors like professional managed funds or even retirement funds which will invest into ICOs. The prices for ICOs will then become even more expensive and make it more difficult to make profits for small investors.
On the other hand, governments will get involved and we all know how it may end...
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