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Topic: Is regulation good or bad? - page 3. (Read 30843 times)

member
Activity: 442
Merit: 11
December 07, 2019, 10:21:52 AM
Of course, regulation in the field of cryptocurrencies is needed, ICO should be monitored.  Many projects have proved to be not the best side and for this reason, investors have lost confidence in ICO.  Projects with specific goals to promote their ideas and produce a finished product cannot raise funds due to mistrust of investors.  I believe that confidence can be restored through control and regulation.
full member
Activity: 434
Merit: 100
December 07, 2019, 09:32:35 AM
For those who are into criminal acts or just paranoid about the government prying into their business, they will agree that regulation is bad. But for the rest of us who want to see crypto accepted globally, then we will welcome regulation with open arms.
member
Activity: 756
Merit: 13
December 07, 2019, 02:16:59 AM
I believe that the legal regulation of cryptocurrencies is necessary. It is necessary to protect every investor who invests in cryptocurrencies. And also to open free circulation of cryptocurrencies in various sectors of the economy. This requires regulation. This will give the development of cryptocurrency in many countries of the world.
sr. member
Activity: 540
Merit: 252
November 12, 2019, 08:40:14 AM
I think it is bearable in a sense that the advantages that regulations may bring outweighs the disadvantages but as we know it always depend on how reasonable those regulations that would implemented. In order to maintain order, regulations are important so that a punishment could be given to those who commit crime since as technology evolves and shapes our world, people who commit crime became resourceful and cunning using this technology into their own benefit and wield it to abuse and taking advantage to other people.
member
Activity: 840
Merit: 10
November 12, 2019, 07:51:40 AM
I don't have a very good view of the strict rules. I want my personal information to be kept strictly confidential.

In my opinion, it's time for the cryptocurrency market to be regulated. With the increasing value of transactions that occur every day, regulations are needed to protect investor funds. In addition, with regulations, scam projects can be minimized and might punish scammers
sr. member
Activity: 812
Merit: 260
November 12, 2019, 07:27:31 AM
I agree with you totally on this, looking at the rate some projects now scam users is alarming and the only way out is for registration to come in. The decentralization ideology in cryptocurrency was a nice idea but many users now use the opportunity to steal from people

That was really alarming and nowadays I am glad to see that people are learning, as we can see there is actually very less or zero ICO investor, almost ICO were failed, the saddest part is that there were some legit projects who didn't benefit with this too and haven't continuing their project despite the fact that they are worth to invest at.  Well, this is the consequence for all of us.
jr. member
Activity: 308
Merit: 1
November 12, 2019, 06:58:53 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?
I agree with you totally on this, looking at the rate some projects now scam users is alarming and the only way out is for registration to come in. The decentralization ideology in cryptocurrency was a nice idea but many users now use the opportunity to steal from people
newbie
Activity: 61
Merit: 0
November 12, 2019, 06:38:30 AM
Rules are essential and not missing cards. regulations that help money management and combat money laundering and fraudulent activities. You should believe in the rules and do it.
newbie
Activity: 58
Merit: 0
November 12, 2019, 06:30:00 AM
I don't have a very good view of the strict rules. I want my personal information to be kept strictly confidential.
newbie
Activity: 64
Merit: 0
November 12, 2019, 06:11:08 AM
for me the rules are fine. All regulations need in the long term to fit the market. User confidence in a currency is also affected by its regulations. Please review these rules carefully.
newbie
Activity: 62
Merit: 0
November 12, 2019, 06:02:51 AM
We need to follow the rules, we must declare our identity. This makes fraud and money laundering activities more difficult. Rules are very good.
newbie
Activity: 62
Merit: 0
November 12, 2019, 05:57:44 AM
I also think the rules are very good. The government should regulate these rules well. regulations need long-term and confidence-building industry in the masses.  Smiley
member
Activity: 434
Merit: 10
October 26, 2019, 12:59:48 AM
Regulation will be good for some aspects of crypto especially when it comes to the projects entering crypto space and their token sales. Regulations to run checks on new cryptocurrency projects will help eliminate the frequent scam and unsuccessful projects that tarnish the image of crypto.
hero member
Activity: 1792
Merit: 574
Leading Crypto Sports Betting & Casino Platform
October 25, 2019, 11:50:32 PM
it might be true if the regulation will have a positive impact on the cryptoqurrency industry but I doubt if the government really wants to regulate all cryptoqurrency, at least the regulation only applies to their own blockchain companies.
Even without regulation, there are millions of people all over the world who are aware of bitcoin and other crypto currencies and are using them for so long. But with regulation, there would be seen huge increase in the number of consumers of this market. Coin prices shall not be controlled by government, they should simply check scamming.

I think that such a regulation is held to establish a standard of authenticity for a project not for the purpose of regulating crypto prices on the market. when regulations exist and create a new standard for development in crypto, I am sure investors will come a lot because the purity of the project can be ascertained and only differentiate on its superiority
hero member
Activity: 1694
Merit: 691
Leading Crypto Sports Betting & Casino Platform
October 25, 2019, 12:58:26 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 strongly agree with you about implementing regulations that will have a very good impact on the future and will affect many things if these regulations are applied in a country. because of the regulation, cryptocurency users will feel more comfortable and confident in using cryptocurency. and already half of every country to make regulations well.
Pros and contras will always come to something like regulation, in other side a lot of people still want bitcoin to be decentralized and it means no regulation or can't controlled by  anyone include government. If me, as long my investment is safer, although with regulation is ok.
member
Activity: 798
Merit: 14
October 25, 2019, 12:23:26 PM
Regulation is both good and bad when looked at critically. In a good way it will boost Co fidence and bring in corporate investors. Bad in the sense that it will be more centralized than its decentralisation nature. Every good thing has a negative side as well.
member
Activity: 373
Merit: 11
October 24, 2019, 03:38:42 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 strongly agree with you about implementing regulations that will have a very good impact on the future and will affect many things if these regulations are applied in a country. because of the regulation, cryptocurency users will feel more comfortable and confident in using cryptocurency. and already half of every country to make regulations well.
sr. member
Activity: 756
Merit: 268
October 24, 2019, 02:34:56 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 don't think we can already anything about having crypto under a regulation. If ever we let the government regulate crypto, how certain are we that it will not abuse its power and take over our monetary system unfairly. It may actually help in handling those who commit scams and those who commit money laundry nowadays but if ever the officials are greedy, there will be no improvement at all for sure.
sr. member
Activity: 1428
Merit: 344
October 24, 2019, 02:22:58 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?

Regulating cryptocurrencies can exist if those have been scammed will file a official report about the incident. Locally speaking, there have been reports like this in my country where at least seven people have been imprisoned because of online investment scam. This could work on crypto if the projects is registered to a governing body but of course they won't be meddling with the decentralized system of the crypto. In this way, the number of scam projects could lessen without losing the features if cryptocurrency. The problem is finding which one will regulate them and secure the interest of the industry.

I do agree that we should have some regulation in crypto industry especially on the new created projects who conduct their token sale to safeguard the investors from those scammer, with this we could change the negtative views in crypto investment and attract more people to get involve.

Some countries government are taking an action and doing their own research on how to regulate crypto though it could take a lot of years but it is worth it for the sake of cleaning the system in crypto-sphere, we have a long way to go but I'm happy with current positive news about crypto regulation.

I agree with this, the major reason why we need regulations is to reduce new scam projects especially. Also if there is a regulatory body giving a go ahead to investors for a project, they will invest with confidence knowing fully well that if anything bad happens, they will be refunded. Well, regulations will normally come with its own drawbacks, we are only  looking at the positive aspects.
sr. member
Activity: 952
Merit: 251
October 24, 2019, 01:34:46 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 think regulation is very good for cryptocurrency growth in each country ... because of the regulation, users will be more confident about cryptocurency ... because there are so many websites that use the name cryprocurency but in the end they only run scam websites ... so the cryptocurency looks bad .. so the regulation of cryptocurency will be more reliable ..
Regulation is necessary to gain the confidence of people that crypto currencies are not there to harm them or put them in trouble. It is just a new way of making money and storing your money. I personally believe that in this way majority of scammers will be put to end leaving real investors with real websites. But government shall not put taxes on it.
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