Topic: Is ICO regulation good or bad? - page 39. (Read 31573 times)
I can only see this as something good, 95% ICOs are scams or just stupid projects with no future...
Regulations protects investors - so yes, it is
Of course it is good to regulate it, because there are so many scams. Just look at the forum here, how many newbie started ICOs you see, almost all of them are scams and junks.
Some may scam us in ICO but almost 70% ICO token sale are genuine only.
However, regulating ICO is best for all the people but need to think that they might do any political amendment like we see what China done to bitcoin. We need to be careful about that.
As a company integrating an altcoin into our platform and trying to figure the best way to proceed, fair regulation that keeps in mind that a token, even if it is deemed a security is not a stock, would be helpful. As much as regulations are put in place to protect investors from scams they also keep average people from being able to buy in early. This has somewhat changed recently with equity crowdfunding that allows companies to raise up to a million dollars year from un-accredited investors while still requiring all the filings and legal documents that you would need to raise from accredited investors. Possibly expanding on that idea when it comes to ICO's could be helpful.
I think it's good, too many scam ico's. Only the good ones will survive like this.
But I don't want bitcoin itself regulated.
But I don't want bitcoin itself regulated.
Of course it is good to regulate it, because there are so many scams. Just look at the forum here, how many newbie started ICOs you see, almost all of them are scams and junks.
Regulating ICOs is bad to those who make it as a form of milking cow or for scamming purposes, since it is involve a lot of money for investment. Being decentralised does not mean that it is also be an anonymous, ICOs is synonymous for crowdfunding and IPO for stock, market where investors and traders are regulated and with accordance to the law.
I think that it depends on the purpose of the regulation and how long it last. People can still do things beyond the regulation in-effect.
I think in every regulation always have an impact on two sides, that is the postitive and negative side, I just want to discuss about positive side only, this regulation will surely protect the investors against the rampant ICO scam and the guarantee of profit from investment.
The main idea of cryptocurrency is avoiding government control and regulation but now there are to many scamers, who want to steel your cryptocurrency and cheat on you, so a lot of people who believen in gorernment`s fair justice want ICOs to be regulated. But not me - i dont want some regulators were interested in my money and investments.
If it decreases scams then it's a good thing in my book. Regulation will bring legitimate companies in that are looking to do good for crypto
Maximum ICO regulation is very good its looking my eyes but some few ICO rules and regulation is bullish i think.ICO future is so more good.Some ICO is not successfully finished although investor to get their money.
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.
Making these decisions is not bad, but not good either. Those countries have put in place a ban on or restricting ICO projects in their country just because they fear that many investors will be trapped and lose a lot. What is the reason? That is, many ICO projects today are fraudulent and scam, they just set it up to make money of people, they do not care about development to the project. That is what they are worried about and have made decisions to adjust or ban ICO in their country. But these decisions could affect electronic money transactions in their home countries. This is just my personal opinionI 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 believe this is a bad thing. Why would someone a government care about how a company is raising money? It is high risk high reward. To regulate will slow down the process.
I believe that's the very bad idea to regulate the ICO. Don't forget when we speak about the regulations then there are government bodies who are involved in it. Plus banking system will get involved to and may not allow the investment done in anonymous nature. Obviously the anonymity will be long gone when they apply regulations. Who knows ICO might just start asking for KYC docs to get enrolled beavcue they might wanna show the tax proofs and all the circulating money and just loook at that it's chaos!
ICO regulation is good because the ICOs that are just being created for scamming innocent people and maybe,just maybe the scam be avoided from happening in the first place. A lot of ICOs raise a lot of money and if they scam people then a lot of countries will lose potential capital,which most of the countries are afraid to lose.
i agree, that is the plan behind the regulation, to protect potential investors
but I'm worried about the amount of regulation and where it stops,
will it render a potential ICO as centralised/regulated ?
will the regulation require some form of identification for potential investors?
will there be some form of taxation or levy's implemented?
[ just throwing a few topics for discussion out there ]
in some countries where there are a lot of scam cases I think regulating ico's will be good in order to protect investors for future scams and be able to arrest immediately those people involve in an ICO scam. but there might be a negative effect due to the impact on society. they might think ICO is just scam.
ICO regulation is good because the ICOs that are just being created for scamming innocent people and maybe,just maybe the scam be avoided from happening in the first place. A lot of ICOs raise a lot of money and if they scam people then a lot of countries will lose potential capital,which most of the countries are afraid to lose.
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.
I'm absolutely agree with you, but why it kill desire?the government just trying to stop the money grabbing.
It is good for investors as it saves many investors from loosing money on illegal ICO's who collect money and disappear. Regulation is necessary of the day and every ICO have to follow the rule. There are many I CO's already disappear after get the money from investors, so it should be mandatory for all incoming ICO's to follow the rule.
regulation is necessary, otherwise, lots of scams will launched to raise money which will lead to a big loss of many investors eventually, but what the China had done to ico and exchanges maybe overtaken, of course, China government has its own concern, which maybe harmful to the development of cryptos
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