It is actually meant to be good thing. I mean just normal regulation, not ban. But it is definitely going to kill some people's desire to create more icos for sure.
All said
Topic: Is ICO regulation good or bad? - page 30. (Read 31583 times)
All said
ICO regulation is good of course. But who will do the regulation? It cannot be done like one time big time. There is no entity worldwide that could put some blanket law to regulate ICOs all over the world. It has to be on a country to country basis. That is what is being done right now in few selected countries. The others are either accepting ICOs or passive about it.
without regulations every sector tends to be porous to irregularities, with government regulations, sanity will be in the system, unserious project developer will reduce drastically and scammers and hackers operations will reduce drastically.
if regulations around ICO will be well constructed and reasonable, it will be a huge improvement to the whole market. but its not gonna happen since every single government instance dreaming about grabbing the whole thing under strict control. vast majority of people are not showing enough dignity in our society to expect something decent like honest ICO regulations. but its better than scam ocean
It is significant good and do no harm if you think about it
Regulations
Prevent Money laundering
Shows reconigzation towards project
However, if they wanted to regulate yet control, it might not be that good tbh
Regulations
Prevent Money laundering
Shows reconigzation towards project
However, if they wanted to regulate yet control, it might not be that good tbh
Responsible ICO regulation based on development of the technology and protection for the consumer is good - fear-based heavy-handed regulation - is bad.
Of course, it's high time to start regulating ISO. Too many projects scam, you need to do something about it.
Soon there will be decentralized ICO on komodo Platform. It will be the future of ICO. the first dICO will be Monaize https://bitcointalksearch.org/topic/m.22486909
It would be interesting to see how dICO will play out.
It would be interesting to see how dICO will play out.
I think that regulation by the state for the ICO is necessary. Now that the initial offer of coins has become available for virtually any group of people, it is very important to exclude excessive risks in this process and protect investors' rights against possible fraud. State regulation of this process can serve as such a filter, discarding unnecessary and risky ICOs. However, it is important not to overdo it and not try to impose your opinion on what coins need to be created and which ones are not. This issue should remain decentralized. Only the market can determine the further fate and value of the created coin or token.
On the one hand it is positive because the security strategy will be putting borders around the ICOs, noting and monitoring tokens and issuing investment risk alerts. In the event of a high market risk, the plan declares a high probability of denying and suspending such Initial Currency Offers. So soon, good marketing and promises will not be enough for the ICOs to make their debut.
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.
Regulation is Good. In my opinion the bad thing here is the banning of ICOs, and to correct you The Chinese and South Korean Government have been announced that they will ban ICOs and with that being said they will not take any considerations on Regulating it. Regulation will open more opportunities to have investors around the world, also another opportunity for the Government to gain profit from taxes from this ICOs.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 also have the same opinion that ICO regulation with the aim of controlling ICO brings good impact to all parties involved, provided that ICO regulation is made with justice, all related parties are represented in the making
Pros and cons always. Regulations have to happen in order for ICO's to be widespread. Countries like Australia and Malta are doing a good job of regulations.
Recently there was an ICO that got a license to be able to bring real-money esports gambling to Europe: https://www.coindesk.com/regulated-cryptocurrency-betting-just-got-big-boost-europe/
Recently there was an ICO that got a license to be able to bring real-money esports gambling to Europe: https://www.coindesk.com/regulated-cryptocurrency-betting-just-got-big-boost-europe/
Regulation in the right form would be good.
But who says that the way of regulation is good or bad.
Time will see what we have to do to be at the legal site
But who says that the way of regulation is good or bad.
Time will see what we have to do to be at the legal site
Every difficult thing connected with money should be regulated. But we need a special organization which regulates it without corruption and not for personal purposes.
I would vote against the regulation of crypto coins. Our local currencies are already being regulated and we all are well aware of the results. No doubt regulation has its own perks but giving someone the authority over crypto coin will simply crush the essence of them and moreover, it is impossible to fina a corruptionless organization. It is just an ideal situation which will never happen in our real world. 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.
Regulation is Good. In my opinion the bad thing here is the banning of ICOs, and to correct you The Chinese and South Korean Government have been announced that they will ban ICOs and with that being said they will not take any considerations on Regulating it. Regulation will open more opportunities to have investors around the world, also another opportunity for the Government to gain profit from taxes from this ICOs. 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 it depends on what the regulations control / what is the point of them.
If they are implemented to raise the level of quality in ICO's then that's great!, if not and they are simply put there to destroy ICO's then we have an issue.
People will always come up with ways around regulations.
If they are implemented to raise the level of quality in ICO's then that's great!, if not and they are simply put there to destroy ICO's then we have an issue.
People will always come up with ways around regulations.
I think it shouldn't be regulated. My minds governments of this countries just want to get tax from prople's investings. Without control they can't do this, and I think it badly will affect for price of altcoins and btc.
I think such regulation is not to control, but it tends to squeeze.
The regulation should be based on the principle of justice, must be mutually beneficial, whether it benefits the investors, the ICO organizers, and the government
I think it shouldn't be regulated. My minds governments of this countries just want to get tax from prople's investings. Without control they can't do this, and I think it badly will affect for price of altcoins and btc.
The final goal of any regulation is protection. Ok, maybe in the perfect world. But anyway, I believe "ICO regulation" is not a single, pre-defined substance so that we could say whether it is good or not. One regulation might be good, another one might be bad. What seems to be more interesting to me is what a good regulation is or would be (along with what a bad one is as well).
Agreed. Do you have any ideas? This is a discussion I find immensely interesting.
Well, the one thing I can say right away is I believe that ban is not regulation. In fact.
Of course. A ban makes something illegal whereas regulation defines laws to be abided by.
I didn't know some people thought a ban was regulation.
At least, the Chinese and American government were limited the growth of ICO.
They do not want a type speculation can grow fast and become the best choice for investor.
regulation is definitely important, and definitely good. Just think of it this way: what is holding cryptocurrencies back are allegations such as "Fraud" "Crash" "Bubble" etc. If the government decides to regulate the cryptocurrency market/industry, it is indirectly validating the concept and "supports" the idea, to the extent that they decided to regulate it. The government "pays" attention therefore to that sector and that makes people more willing to trust it.
Humans with evil mind and ideology are always fund of taking advantage of a good system. I have never loved regulations too but the rate at which some scammers have made use of ICOs to scam users has been so terrible and for that, regulation is just the only way to curtail such act.Those who participating in bounties as they have a lot of duty to the community but we cannot really blame them cause most are just after the gain and they apparently have nothing to lose. Those who should be careful are the investors and I do not expect any investor to just opt into any project without much research knowing funds will be committed into such project.
Jump to: