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Topic: Is regulation good or bad? - page 13. (Read 30843 times)

member
Activity: 285
Merit: 10
July 15, 2019, 10:41:11 PM
regulation is important for every industry including Bitcoin or cryptocurrency, which if it is implemented it can protect from various things such as fraud, money laundering and including the comfort of investors in investing, this will also strengthen a rule that will be born to in anticipation of an ICO scam.
sr. member
Activity: 1204
Merit: 388
July 15, 2019, 10:20:44 PM
Regulation can be good or bad depending on how you view it or understand it. Personally I consider regulation to be a good thing for the crypto industry especially ICOs. Most ICO project ends as scam and this is preventing real investors off late to even invest their money into ICO project which could have been helpful for the industry. Regulation will help do away with scam ICOs which makes it good.
I am agree your statement are good regulation for ICO's, goverment have control to regulated all about crypto market. I hope so Regulator become to crypto wolrd and make regulation for control product marketing as new coin. So at this point, regulator only control  investor going not to scaming by developer.
I have affraid goverment will control price at market and become centralization crypto.
copper member
Activity: 168
Merit: 1
July 15, 2019, 09:25:31 PM
I think all regulations will lead us to better things and of course will improve service and use, making it easier for many people to join. there is no bad regulation except that there must be a better change and keep up with the times.
full member
Activity: 409
Merit: 100
July 15, 2019, 08:43:29 PM
I think yes, with this system the risk will be lesser and the community investors will feel comfortable with it.
But since that most of the crypto's are decentralized and the implementation of regulations was based centralize system,
they are differ to one another. Because as you can see most of the exchange that are on top are all under by regulations and
the decentralized exchange are belong on top 10, so this is how it goes happened now.
member
Activity: 588
Merit: 10
-ethernity cloud-
July 15, 2019, 07:19:38 PM
Regulation is necessary in crypto industry, the regulation will build trust and cryptocurrency will be well organized. Also i dont think with regulation we have to declare our portfolio, that’s not gonna be happened.
full member
Activity: 783
Merit: 108
July 15, 2019, 07:08:26 PM
In my view, regulation will be good for Crypto industry. As we can now see  that many Govt are looking for ways to regulate the industry.

Regulation will be a good thing in the long run. It will build trust for the industry among the masses thereby resulting in mass adoption. With regulation, people will feel more comfortable and have a sense of security to invest in crypto.

I don't believe that regulation means we have to declare our portfolio. Just as nobody cares to know exactly how much you own in the bank.

Regulation will also help in curbing the possibility of using crypto to launder money and place a check and balance in ICO which will make it very difficult for scam ICOs to operate.

I say regulation will in the end be a good thing for crypto..

What's your view about it?
I hope your rules will help us get rid of the scam. Avoid scam ICOs, ghost projects are not real.
Hopefully the rules are only moderate so that crypto can be developed, and don't make it look like paper money.
In my country, the government doesn't like crypto because it collapses the banking industry. I hope to have a reasonable rule set to validate crypto across the country.
member
Activity: 238
Merit: 12
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July 15, 2019, 06:37:31 PM
Regulation can be good or bad depending on how you view it or understand it. Personally I consider regulation to be a good thing for the crypto industry especially ICOs. Most ICO project ends as scam and this is preventing real investors off late to even invest their money into ICO project which could have been helpful for the industry. Regulation will help do away with scam ICOs which makes it good.
full member
Activity: 693
Merit: 100
July 15, 2019, 05:44:46 PM
This regulations only bring trust, that could be made by your research. Only for trust this regulations in cryptocurrency not good albeit new country could support.
If crypto currency is regulated its main advantage of being decentralized will be abolish, let's say that it can build trust for every investors but still we can't deny the fact that regulation may only interfer every transaction that we will do and they can take a portion of our money for the tax. Therefore for me I don't have to prefer regulations in crypto currency.
sr. member
Activity: 826
Merit: 250
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July 14, 2019, 01:44:42 PM
It's depends upon how regulations will be implemented. But for now I think regulations are kind of needed. Cause in this ecosystem there is a lots of scammers and many bad peoples are working. And for that we need some regulations and after regulations it's easy for the whole technology to be accepted by many general people who are not into crypto currency. But also regulation has its own negative points and most important one for me is it breaks the basic rules of crypto and it's privacy.
jr. member
Activity: 296
Merit: 1
July 14, 2019, 01:15:01 PM
I already think this is the best a idea. Scammers have become impudent. Regulated projects will improve the cryptocurrency world. I think it's time to end the scams...
full member
Activity: 1414
Merit: 228
Omicron is another FUD
July 14, 2019, 01:02:56 PM
The purpose of making regulations or rules is to control things with certain restrictions.. so in my opinion Regulation is very good for a business especially cryptocurrencies, given regulation = acknowledged and legalized its existence.
member
Activity: 924
Merit: 15
July 14, 2019, 12:31:17 PM
every regulation is always bad, because implies taxes, laws, legislations. Crypto will never see times like 2017 ever again.
jr. member
Activity: 280
Merit: 1
Security and Privacy Features on the Blockchain
July 14, 2019, 12:27:27 PM
If Bitcoin and others cryptocurrency get regulated in every countries then it will be very good for us. Cause more and more investors will come into crypto world and more people will join with cryptocurrencies.   
sr. member
Activity: 567
Merit: 270
July 14, 2019, 12:08:56 PM
Regulation is like a two edged sword, it is both good and bad, good in the sense that it will ensure that the usage of crypto for illegal activities but it is bad because regulation threatens the very fundamentals of decentralisation which is privacy.
member
Activity: 798
Merit: 10
July 13, 2019, 09:53:44 PM
I agree with that, I think now Bitcoin and Ethereum price also doing high quality as well. But this is right this days not for altcoins and many time to far goes to down. In fact regulations will be good effect for the crypto market also.
of course there will be positive and negative impacts later. it all depends on several parties. for clear markets this will be better because investment will be better maintained by existing regulations. the market can grow well, or maybe there will only be projects that actually pass the stipulated regulations.

Government regulations provide legal certainty to investors that the cryptocurrency market is legit investment. I think there are many positive aspects of government regulation, besides providing legal certainty, new investors will come to invest and market confidence will increase
full member
Activity: 1106
Merit: 166
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July 13, 2019, 07:57:41 PM
In my view, regulation will be good for Crypto industry. As we can now see  that many Govt are looking for ways to regulate the industry.

Regulation will be a good thing in the long run. It will build trust for the industry among the masses thereby resulting in mass adoption. With regulation, people will feel more comfortable and have a sense of security to invest in crypto.

I don't believe that regulation means we have to declare our portfolio. Just as nobody cares to know exactly how much you own in the bank.

Regulation will also help in curbing the possibility of using crypto to launder money and place a check and balance in ICO which will make it very difficult for scam ICOs to operate.

I say regulation will in the end be a good thing for crypto..

What's your view about it?
we cannot simply say regulation is good or bad because there are lots of recent involved in it if it is only explain the clearly then we will decide that regulation is good or bad and I think in most of the time it will go only good but in some times only it will not suitable for us.
sr. member
Activity: 714
Merit: 250
July 13, 2019, 07:47:43 PM
The fact that regulation defeats the tenets of blockchain which is decentralization and obscurity makes it bad but it is the only lead way to have a sanitised cryptocurrency environment devoid of scams, manipulation and all forms of fruad
member
Activity: 238
Merit: 11
July 13, 2019, 06:36:16 PM
Many times through conferences that I have attended, investors keep saying, we are not joining this whole cryptocurrency investments until the whole industry is being regulated. Regulation is what can keep crypto out of scam projects and until this is fulfilled, it will be very hard for crypto to reach mass adoption.
member
Activity: 994
Merit: 11
Daxetoken.net
July 13, 2019, 05:46:04 PM
Regulation has a good and bad effect to the people. It is good because people will having a confidence and they will trust more in crypto. It is bad because people will not use crypto with full freedom if it is regulated by the government. Everything is hold by the government which is against the bitcoin since it was created as a decentralized digital currency.
sr. member
Activity: 742
Merit: 250
July 13, 2019, 04:09:36 AM
It will be good that crypto will be more popular all over the world, because after having clear regulations the governments will give their people more exposure to crypto. When initially Bitcoin was created, it shaped a currency unaffected by any country, but I think it should change to be more suitable.
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