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Topic: Is ICO regulation good or bad? - page 26. (Read 31583 times)

full member
Activity: 364
Merit: 102
October 26, 2017, 10:22:54 AM
If the point of regulating ICO has to do with policies guiding the process of ICO which means having the companies organizing meet certain criteria/requirements  before being allowed to proceed with the ICO, then it is good for the investors, because investors confidence will increase and scammers will be filtered out of the ICO space.
full member
Activity: 168
Merit: 100
Patience and wisdom is a key
October 26, 2017, 10:15:12 AM
I think it's good, less scams in the industry and more responsibilities.
sr. member
Activity: 406
Merit: 253
October 26, 2017, 10:09:40 AM
I consider it to be a good thing. Yes, there is a bit of controversy in the terms themselves, I mean how could a decentralized thing be regulated, but think of it that way. Many people who are interested, are having trust issues. Having the ICOs somewhat regulated whithin reasonable bounds, would increase trustworthiness, and eventually spark interest into people who are currently out of the picture, due to lack of regulations in the first place.
I'd like to believe and support your view. But unfortunately most governments don't care about protecting their citizens from scam ICO's. Their motive is led by greed and hunger for control. Notice how these regulations will mostly lead to heavier taxation and governments taking large profit cuts.
Still, let's hope that you are right.
MiF
sr. member
Activity: 1442
Merit: 258
Reward: 10M Shen (Approx. 5000 BNB) Bounty
October 26, 2017, 08:46:37 AM
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.

The good thing for ICO to be regulated by the government is they can now ensure that an certain ICO is not a scam in which they can monitor and protect their people from these some kind of investments.Regulating is better than ban in which people can still free to join ICO with confidence that their money was safe and free from tricksters and i rather earn small than all of my hard earned money will be at risk to lost from fraud investment.
full member
Activity: 728
Merit: 101
October 26, 2017, 08:08:54 AM
I think there is a good thing and what is not, not a good example is because if the big country set a regulation against the ICO then the possibility of investors will be less interested, because the price of coin will be released will follow the rules of the government so that investors can not get a profit large, and also the positive side of ico project scam will be reduced
full member
Activity: 322
Merit: 100
October 26, 2017, 05:59:09 AM
ICO regulation is viewed as good in the long term so that some of the bad and scam ICO could be further deterrence. However too much regulations could be bad though. Balance would be the key in my opinion.
full member
Activity: 770
Merit: 101
fLibero.financial
October 26, 2017, 02:05:44 AM
ICO regulations is going to be really bad. The reason why I  am in crypto is purely because I desire freedom. I do not want to be monitor, harrased or censor by anybody. Give me freedom and nothing else.
newbie
Activity: 43
Merit: 0
October 26, 2017, 01:57:11 AM
I consider it to be a good thing. Yes, there is a bit of controversy in the terms themselves, I mean how could a decentralized thing be regulated, but think of it that way. Many people who are interested, are having trust issues. Having the ICOs somewhat regulated whithin reasonable bounds, would increase trustworthiness, and eventually spark interest into people who are currently out of the picture, due to lack of regulations in the first place.
full member
Activity: 476
Merit: 100
October 26, 2017, 01:47:34 AM
ICO regulation will have a good impact if a country can accept Cryptocurrency. And vice versa. Because every regulation has good intentions for investors, to avoid unofficial investment. So, the regulation is good.
sr. member
Activity: 463
Merit: 250
October 26, 2017, 01:42:41 AM
Yes it will protect investors from scamming scumbags that are making ICOs.

I agree. A lot of people see that making regulation of ICO means it is illegal to do ICO. It is usually not the case. There is even more ICO ongoing in many part of the world that is not surface in the bitcointalk forum. One example is China's Tron, it got so huge in China that a live boardcast will have 250k viewers. Many of the China exchange will even have platform for ICO to sell their tokens.
Therefore, the Chinese government decided banned this market and they do not want a speculation market grow more in China. Honestly, almost the ICO projects from China are projects for ponzi, it happens fastly and you will not have chance to buy token if you do not spend your time and keep your eye before open crowdsale.
sr. member
Activity: 1736
Merit: 357
Peace be with you!
October 26, 2017, 01:04:13 AM
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.
For me yes it is. Our investment and money are safe if it is regulated because the team will face consequences with the government if they were doing something fishy like it's project will turn out to be a scammy one. You are right it is gonna happen sooner or later even we agree with it or not. Good thing for those who invest only their time like joining in signature bounties with the ICO. Bigger players or investors on ICO's will I think spend more money on it and would turn the game even better. Token prices will surely skyrocket as soon as it will hit the exchanges.
full member
Activity: 378
Merit: 102
October 26, 2017, 12:29:16 AM
ICO regulation is a good thing as it controls the creation of many coins (scam or not) that somehow disrupts the balance in the economy of the country to a certain degree. Regulation also means that laws would have been implemented to protect legitimate investors against fraud and scams. It might look bad at first but it'll do good on the long run.
sr. member
Activity: 546
Merit: 290
October 25, 2017, 11:04:37 PM
I think ICO regulation is a good way for us. too many scam ICO and dev team doesn't have any responsible with their project after end ICO
legendary
Activity: 2383
Merit: 1551
dogs are cute.
October 25, 2017, 10:42:06 PM
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.
ICOS are considered as a loophole in the world economy as there is no legal action for people to raise funds online, but offline there does exist regulations. So some *over smart* people decided to scam people and not face any issues, some got successful and some didn't. So economies decided to regulate this, so that the same doesn't occur again and again. Plus if it's regulated, security exchanges like SEC will always have their eyes on them.
legendary
Activity: 1386
Merit: 1016
October 25, 2017, 10:33:41 PM
Yes it will protect investors from scamming scumbags that are making ICOs.

I agree. A lot of people see that making regulation of ICO means it is illegal to do ICO. It is usually not the case. There is even more ICO ongoing in many part of the world that is not surface in the bitcointalk forum. One example is China's Tron, it got so huge in China that a live boardcast will have 250k viewers. Many of the China exchange will even have platform for ICO to sell their tokens.
full member
Activity: 868
Merit: 103
*Indonesian Professional Translator and BM*
October 25, 2017, 10:15:21 PM
I still don't know to make an opinion for this ICO regulation
but according to the fact on each country the ICO will get a support from government if them make a innovation who can make advantage for the government, so many developer compete each other to get government's interest.
hah
full member
Activity: 183
Merit: 100
October 25, 2017, 08:50:27 PM
Yes it will protect investors from scamming scumbags that are making ICOs.
sr. member
Activity: 1344
Merit: 459
October 25, 2017, 08:44:31 PM
i think maybe ICO regulation is good choice from worst. than it happens ICO banned, the development team can not run the project, with ICO regulation I think developers can still have a chance to run ICO. so ICO regulation is better than ICO banned
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
October 19, 2017, 11:27:10 PM
...
thinly veiled sales pitch


You want my opinion, ok it sounds like your a sockpuppet trying to push this shit.
newbie
Activity: 54
Merit: 0
October 19, 2017, 11:19:15 PM
Let's face it.  As long as we have a government, we will not be able to escape from regulations.  I agree with many that have mentioned that as long as it is not a ban, some regulation will continue to promote the growth of Crypto is actually quite healthy.  Regulations can also help to reduce scams where people's hard earned money gets cheated away.  

I found this ICO quite interesting, as it is seems to be similar to what we are talking about here as they are working towards a Government regulated business model.  With this model, you get the support from the regulators (governments) and you get to enjoy mass adoption by the public.  To stimulate mass adoption, they are also giving away free tokens to EU citizens.
I like to pick the brains the experienced crypto investors here.  What do you think of this?

Open and Regulated Cryptocurrency Adoption (ORCA)

Website
http://orcaalliance.eu/
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