Is regulation good or bad? - page 30.

masterrex

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Quote from: Adebits on September 18, 2018, 02:26:04 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?

In my point of view it was good! since if the cryptocurrency space was regulated it will minimized the risk of being scam, by fraudsters. I dont think if the crypto-space was already regulated it will bring harm, for sure it will bring more good results than bad one. policing the crypto industry is the best thing to do to held accountable all of the scammers and fraudster if they are caught! in the act.

cunguks

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Quote from: wesk1212 on May 20, 2019, 11:47:34 AM

Of course, regulators are very important in the world of cryptocurrency. But not now. I think their time will come. Maybe then when they will implement cryptocurrency.

Why not now? isn't it faster it will get better. it could reduce the crypto scam on the market. if this regulation is set for all industries that enter crypto, there should be no project scam anymore.

wesk1212

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Of course, regulators are very important in the world of cryptocurrency. But not now. I think their time will come. Maybe then when they will implement cryptocurrency.

Pejoh Asu

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Quote from: m0Ray on May 20, 2019, 11:15:38 AM

Of course, regulation is an important factor in perpetuating the cryptocurrency in the world. If there are no regulators, the market can take control of various huge financial corporations that can manipulate the situation in the world and in the crypto-currency market. We all understand that the future belongs to cryptocurrency. But if this future is in the hands of monopolists it will be a bad future.

There is no other way to make crypto succeed and avoid scam projects other than regulation, of course we really hope that regulations will soon be implemented, without regulation, investors will be afraid to place their money.

m0Ray

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Of course, regulation is an important factor in perpetuating the cryptocurrency in the world. If there are no regulators, the market can take control of various huge financial corporations that can manipulate the situation in the world and in the crypto-currency market. We all understand that the future belongs to cryptocurrency. But if this future is in the hands of monopolists it will be a bad future.

caffu chino

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if it's for mass adoption, I think it's good. even though it can harm crypto though. mass adoption will have an impact on increasing prices, so it doesn't matter to me if at any time there are regulations that can make crypto become fully legal.

regulation is very important for crypto growth, if we crypto develop, we must support it.

Impaler

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It depends on which kind of regulation come to your country. But at this moment regulation is much needed thing. Cause for last few months we see many scam and failed project. And for this scam ICOs people are losing their money. If any kind of world call regulation occerd taht will be very good for the market. But if anyhow the regulations comes the main thing about this ecosystem the anonymity will be destroyed. There was a conflict about this things.

Uju4real

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Quote from: Adebits on September 18, 2018, 02:26:04 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?

Regulation wouldn't be a bad idea for crypto as it will put a check to the Scam projects springing up but it will defect the purpose of anonymity in Crypto

Alijiindahaus

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Quote from: No One on May 19, 2019, 09:19:16 AM

Regulation is bad only for those who want to take much advantage of the volatility of the market of cryptocurrency and those who speculate the market in a bid to get personal benefit. For those who really want to see the market become stable and even more stronger, regulation is really a boon. And it will ultimately gives a shape to the market of cryptocurrency.

Of course, today there are no direct opportunities that give leverage to the cryptocurrency market, but nevertheless, users of cryptocurrencies are going to certain groups, and there are also big whales, which subsequently manipulate the cryptocurrency market with certain volumes of their cryptocurrency. In addition, certain information attacks are discussed, which should affect ordinary users of cryptocurrency, which is successfully used today. We are all prone to panic if we start talking about a Project with a negative or with a positive.

No One

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Regulation is bad only for those who want to take much advantage of the volatility of the market of cryptocurrency and those who speculate the market in a bid to get personal benefit. For those who really want to see the market become stable and even more stronger, regulation is really a boon. And it will ultimately gives a shape to the market of cryptocurrency.

NewRanger

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Quote from: asepsetiawan1990 on May 19, 2019, 07:23:11 AM

With the regulation according to me, it is very important for its role in cryptocurrency. Regulations can increase investor confidence to be willing to invest in cryptocurrency. And with regulation can reduce negative things about cryptocurrency.

investors more confidence to put their money into this market.no more worries and affraid if suddenly government banned this market.by regulating crypto market both of them will take advantages.government will able to attract taxes from this.

Wintersoldier

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Quote from: goldenstatewarriors123 on September 18, 2018, 02:54:48 AM

I agree that bitcoin or other kind of cryptocurrency should be regulated. Regulation doesn't mean that we have to give up our freedom, but instead, rules protect us from scam stuff like that.

Basically it is too deep if we consider that if there is a regulation, we are going to give up our freedom that easy. I think what they just wanted is that, to maintain a standard of the cryptocurrency. That doesn't mean that these regulation should impart too much on a project, they should not affect the process of projects once they've already verified it.

GodHatesFigs

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For exchanges that conduct ieo on their sites, regulation is not exactly needed. This will only stop the development in this area.

asepsetiawan1990

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With the regulation according to me, it is very important for its role in cryptocurrency. Regulations can increase investor confidence to be willing to invest in cryptocurrency. And with regulation can reduce negative things about cryptocurrency.

Yalovtsev

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The regulation in different situations, it is good(say bounty did the people helping to remove Bots) but in another situation not dobrovitskii people take advantage of this in order not to give tokens,or to reduce the payments,so there is 2 sides of the coin,one like so and the other so!And so in many areas of cryptocurrency(not for nothing they say that it is better,it is a decentralized system)

Samboo

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From every point of view, regulation is good. At a first glance, regulation is bad and it may affect cryptocurrency and some section of the people agree with this view. But I differ. Regulation will affect the cryptocurrency market in the short term. It will bring good and positive chances in the long term. Rather it will make the crypto market further stronger and helps it become stable.

bustedsynx

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You can't escape regulation. Every human endeavor or innovation has encounter regulation at some point - guns, car driving, airplanes, etc. In fact, the presence of government regulation means the new industry is mature, long-lasting or big enough to be noticed by governments. It will never fade away like a fad. So, it's good.

TheClownSong

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Quote from: laskybok on May 18, 2019, 06:54:05 PM

Admittedly, regulation has been a way to curtail a lot of scam and criminal activities in the crypto space.
If we allow regulation, I think more investors will be attracted to the crypto space. The regulation I am talking about should not be an end to decentralization.

I am agree, we should not afraid on government regulation. With regulation, i am believe cryptocurrency will improve and growing more bigger because people will more confident on crypto as investment. If its about taxes, i am believe every government have different regulation about our profits or income

aderidwan98

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I agree with your opinion that regulation builds public trust in crypto and guarantees investment in crypto, so it also agrees with regulation

sorrros

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Quote from: FoBoT on May 19, 2019, 03:09:17 AM

I only support regulations for the new crypto-projects and not for bitcoin.
I also agree with all your other points apart from
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.
Government cares about taxes and that is one of their primary reason of trying to regulate cryptosystem.

Finally a good idea! You can´t regulated the decentralized network which Bitcoin is.
But you can regulate the starting crypto startups and here it will help because they will not be able to scam people as easy as they think.

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