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Topic: Is regulation good or bad? - page 19. (Read 30867 times)

copper member
Activity: 420
Merit: 0
June 29, 2019, 02:43:37 PM
Hope the regulation will be good for everyone because still many investor who are hesitate to invest in cryptocurrency they will start to think to invest after regulation this and hope it will be used in daily life too like to buy product and transportation. just thinking if Govt do this in positive way to think about public
member
Activity: 509
Merit: 10
June 29, 2019, 02:27:20 PM
I believe that regulation is good because regulators will attract more investors and people will use the cryptocurrency more
full member
Activity: 896
Merit: 102
June 29, 2019, 03:59:18 AM
Bad for short term, good for long term. We need regulations to become legit, but regulations are limiting cryptocurrency´s potentional and use.  Roll Eyes
sr. member
Activity: 777
Merit: 251
June 29, 2019, 03:43:12 AM
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?

Well, honestly in some other points of view if regulations will implement We can prevent from the scammers or bad person.
Though, they can able to monitor our transactions and freeze it too, if they found something fishy but of course it couldn't be called decentralize instead it will become centralized based system.
full member
Activity: 625
Merit: 100
June 29, 2019, 03:15:53 AM
I now wonder what the politicians came up with at the G20 summit. It seems like there was a question about the regulation of the entire cryptocurrency. The authorities want to crush this service with their regulators.
member
Activity: 476
Merit: 10
June 29, 2019, 03:08:26 AM
I think that sooner or later the sphere of cryptocurrencies will have to work according to certain rules. I agree that the lack of rules and a lot of scams do not make this area attractive to many potential investors.
member
Activity: 434
Merit: 10
www.thegeomadao.com
June 29, 2019, 12:49:20 AM
My opinion also matches yours. I do hold the same opinion and I think regulation will do better in the long run.
It seems it will affect the crypto market in the short term. Regulation will help cryptocurrency become much stronger and stable. It will discourage scam and hacking. 
member
Activity: 378
Merit: 10
June 28, 2019, 10:11:16 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 second and the very main reason why cryptocurrency industry has not reached mass adoption is due to lack of regulations. Most prominent and high time business men which to invest in crypto but since its not regulated, everybody is afraid of losing their funds which is not helping the industry with mass adoption.
member
Activity: 426
Merit: 10
June 26, 2019, 02:12:26 PM
When the regulators are introduced into the cryptocurrency, there will be as much new good as there will be much missing, which people have long been accustomed to seeing in the cryptocurrency
member
Activity: 280
Merit: 15
June 26, 2019, 02:11:03 PM
Regulation and Guidelines are definitely good for crypto currency .If govt form these kind of guidelines then crypto companies and users work under the law which helps the community to grow
member
Activity: 378
Merit: 10
June 26, 2019, 01:32:27 PM
My colleague friend used to tell me, he will be like, man I wish to join this your crypto stuff you know but I'm afraid to lose my funds as well. Yeah, I did understood him very well, money is hard to come by and its not easy just throwing away your hard earned money. For this issue to be solved and bring in more investors into the industry, crypto  or ICO should be regulated and make room for mass adoption.
member
Activity: 463
Merit: 11
June 26, 2019, 01:20:18 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 totally agree with you. Regulation is sure the best thing we could ever need. It gives cryptoniers more confidence even that they are in safe hands
member
Activity: 238
Merit: 12
send & receive money instantly,with no hidden cost
June 25, 2019, 02:15:20 PM
Cryptocurrency can reach mass adoption if and only if the industry is regulated. Regulation is what is going to curb scam away from the market. Majority of investors and traders out there wish to join the industry but since the industry is not regulated yet, fear of losing their funds have been a problem restricting them from joining the industry. Personally i think regulation is a good idea.
newbie
Activity: 35
Merit: 0
June 25, 2019, 12:55:30 PM
Adjustment buoy take us to many secured attribute and multitude espousal cosmopolitan, although crypto composed as anon., any of the additional humans apply crypto to achieve unlawful item much as scamming humans, laundrying and even many. Close to have in mind of adjustment it buoy fewer or break those poor action that makes many rejection aftereffects in crypto.
newbie
Activity: 36
Merit: 0
June 25, 2019, 11:58:01 AM
thither 's a great position, thither 's a poor position as well. the great affair is, crypto desire get lawful as a valid assets resources representing trading and desire create its measure even greater. the downside, the influence of each that is emphatically a emolument that desire breakthrough representing everyone step, or what we buoy phone toll.
sr. member
Activity: 644
Merit: 250
June 25, 2019, 11:35:27 AM
As for me, regulation is needed only in one case then when the cryptocurrency will be the world currency. Then you need to somehow manage and need the regulator. And now, in fact, they are not needed.
newbie
Activity: 9
Merit: 0
June 25, 2019, 11:32:37 AM
Rule buoy support to created the marketplace into a deliberate motion were the course buoy be strike in arrears to the presense of administration administration. Similar what it did in the state of Nippon which they are presently recognised cryptocurrency as added or less important specie representing pays.
full member
Activity: 1498
Merit: 146
June 24, 2019, 11:50:32 AM
Yes you are very right, I cannot see that regulation is bad for cryptocurrency and also the government. What I see regulation is very good for the government, because it will create a new industry where many people will work in it.
regulation means not an industry its just the terms from the government for what dos and donts of crypto currencies.It might have good impact on the economy but it will create high taxation as well for the users/
member
Activity: 287
Merit: 10
June 24, 2019, 11:46:25 AM
Yes you are very right, I cannot see that regulation is bad for cryptocurrency and also the government. What I see regulation is very good for the government, because it will create a new industry where many people will work in it.
copper member
Activity: 280
Merit: 1
June 24, 2019, 11:40:52 AM
Regulation would have meant well for crypto especially in the aspect of curtailing ICO's and shortchanging investors, also in the rate at which New projects are churned out, thanks to IEO's, this makes for some sort of regulation through exchanges but not exactly. The only disadvantage to regulation would be that it will no longer be decentralized as is the case of bitcoin
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