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Topic: Is regulation good or bad? - page 36. (Read 30843 times)

full member
Activity: 364
Merit: 101
May 04, 2019, 01:32:59 PM
Regulation of cryptocurrency states in any case will occur in addition to our desire. This process is necessary and should have a good influence on the spread of cryptocurrency and its introduction into our life. Regulation usually refers to the determination of the official status of a cryptocurrency, the establishment of the procedure and conditions for its circulation in society and, as a rule, the establishment of taxation on this type of activity. If such regulation of the cryptocurrency will be legalized by the majority of states, this will be the legal basis for creating an infrastructure that can ensure the circulation of cryptocurrency as a means of payment. Without such regulation, the cryptocurrency will not be able to further develop.
sr. member
Activity: 777
Merit: 251
May 04, 2019, 01:03:34 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 in my own insight of view there is a good side for crypto and bitcoin and bad side effect. The good side is that the scammer or hackers I think will be gone a little bit. But the negative side of it is that, once that regulation will implement the decentralization will become useless anymore here because the centralization will prevails. 
newbie
Activity: 154
Merit: 0
May 04, 2019, 09:53:54 AM
Regulation is good for some things and bad for others. It is a matter of how the regulations would affect and change the industry. If these regulations would cause a decrease in earnings then it is a bad thing. Just like in games where we earn money. On the other hand, the positive thing about regulations is the response of outsiders. People may be more open to an industry because it is regulated.
member
Activity: 397
Merit: 10
May 04, 2019, 09:51:22 AM
regulation is certainly very good. now if we look at many people who always ask about the regulation of cryptocurrency in each country because this is very important. where government recognition makes security for these users because it does not violate the rules of their country.
Businesses that have regulations are certainly faster to develop because they provide a sense of security for their users and investment is more convincing in investing to have coins that have the potential to rise in the future.
Without clear regulations, people are afraid of investment because they risk losing money and no party is responsible because the financial authorities of the country prohibit transactions using crypto.
legendary
Activity: 1372
Merit: 1008
May 04, 2019, 09:35:56 AM
Regulation is very necessary for the crypto industry but what we need to underline is that the regulation must continue to prioritize the systems that apply in blockchain technology in other ways the regulation is not the opposite of what is in bitcoin. In addition, with a regulation, people will be more confident with security in investing or trading in the form of crypto.
as a bitcoin user we certainly hope that regulation does not change anything that is the original nature of bitcoin such as decentralization and anonymity. if that happens, then regulation will have positive consequences for all users, but if there are certain conditions for legalization to occur, then the negative influence must be there..
jr. member
Activity: 393
Merit: 1
Coinsbit exchange
May 04, 2019, 07:52:26 AM
regulation is certainly very good. now if we look at many people who always ask about the regulation of cryptocurrency in each country because this is very important. where government recognition makes security for these users because it does not violate the rules of their country.
But agree that the state regulation of cryptocurrency contradicts the main theses that are set out in the manifesto of Satoshi Nakamoto.
sr. member
Activity: 1428
Merit: 251
May 04, 2019, 07:52:18 AM
Regulation is very necessary for the crypto industry but what we need to underline is that the regulation must continue to prioritize the systems that apply in blockchain technology in other ways the regulation is not the opposite of what is in bitcoin. In addition, with a regulation, people will be more confident with security in investing or trading in the form of crypto.

Regulation should be about ICOs or exchangers. If government regulating exchanger, i think people will not worry again about safety their funds and for ICOs, government should underline on the project and investor money
sr. member
Activity: 1582
Merit: 253
May 04, 2019, 07:43:35 AM
regulation is certainly very good. now if we look at many people who always ask about the regulation of cryptocurrency in each country because this is very important. where government recognition makes security for these users because it does not violate the rules of their country.
jr. member
Activity: 602
Merit: 2
May 04, 2019, 07:36:40 AM
There are regulations, it can somehow attract new investors. If I am new and do not know much about electronic money, I can be more confident to invest if there is an existing standard regulation.


Listen up Such as you and personal affirmations stretched. Newbies Which only for what the government contrived everything. If there is control of profit will not ...
copper member
Activity: 995
Merit: 1
May 04, 2019, 06:19:42 AM
I'm not happy with regulators. Each country is trying to make its regulator and all kontralirat. What about free investment. Such regulated projects will not bring profit. And that means not worth the risk and invest in a bank or in another project.
hero member
Activity: 2618
Merit: 548
SecureShift.io | Crypto-Exchange
May 04, 2019, 06:00:52 AM
I am really looking forward to regulation, because only in this way can the market develop further.  And now there are plenty of speculators and scammers.
Even if the entire market is regulated there will be scammers around, in my view if things gets regulated it is same as functioning under a centralized network. When decentralization is no more functional automatically the value and the usage will decrease. People are much into it depending on its decentralized growth and anonymity.
jr. member
Activity: 407
Merit: 2
SmartFi - EARN, LEND & TRADE
May 04, 2019, 05:58:37 AM
as we know that the government has not fully accepted the existence of bitcoin, therefore with the existence of crypto regulations from each state government and this will have a good impact on bitcoin and can reduce fraudsters also with the existence of regulations.
jr. member
Activity: 192
Merit: 1
May 04, 2019, 05:30:10 AM
Regulation will be very good for the industry and the sector that needs to be regulated are ICOs and all these centralized exchanges. ICO need to be regulated in order to reduce scam projects and exchanges need to regulated in order to reduce bad actors among them and provide more security for users funds.
full member
Activity: 434
Merit: 100
May 04, 2019, 04:22:59 AM
I am really looking forward to regulation, because only in this way can the market develop further.  And now there are plenty of speculators and scammers.
full member
Activity: 376
Merit: 100
Bcnex - The Ultimate Blockchain Trading Platform
May 04, 2019, 04:10:15 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 think there is always a bad side and a negative side, especially for regulations which are the legal umbrella for the crypto industry. I can't describe it harshly, because the current gerulasi isn't there and in fact we will really need it to protect investors, especially ico who is a scam.
regulation can prevent ico who only makes quick money and who does not have the potential especially those that do not have the crypto characteristics themselves.
member
Activity: 560
Merit: 11
May 04, 2019, 04:03:21 AM
Regulators for cryptocurrency in my opinion are both good and bad. The good news is that with appearing of such structures there will be less fraudulent ICO. The bad thing is that in this case, the anonymity of the cryptocurrency will be lost, for which we all fell in love with it so much.
full member
Activity: 924
Merit: 220
May 04, 2019, 12:58:59 AM
Yes of course it is good because many team conducting ICO projects that are greedy and just created tue project but their only intention was only after for the money they will gathered and then they will left the project abandon it after it will get listed.

Though not all becuase.some.of.the ICO projects are good even without the regulation coming from the government.
member
Activity: 476
Merit: 12
May 03, 2019, 10:25:47 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?


Well for me it has pros and cons for that matter. Good thing about regulating bitcoin is it will prevent scams for the bogus ICOs. But on the other hand it also kills freedom. If it is going to happen. The big question is who will going to regulate it? And how can we be sure that they wouldnt manipulate either the volume or price of bitcoin. We got to think here.
member
Activity: 700
Merit: 10
May 03, 2019, 09:29:56 PM
I think regulation will be good
It helps to keep control of funds of investors and that’s what’s ieos have offered so far

It can also go wrong if you go to the less popular exchange for your ieo

Regulation always needed to prevent market from scammers. Government regulating market because government want market can sustain and survive, if many scammers in market, investor must be wont investing their money.
member
Activity: 840
Merit: 10
May 03, 2019, 08:59:10 PM
Regulation is very necessary for the crypto industry but what we need to underline is that the regulation must continue to prioritize the systems that apply in blockchain technology in other ways the regulation is not the opposite of what is in bitcoin. In addition, with a regulation, people will be more confident with security in investing or trading in the form of crypto.

Regulation should be created to protect investor funds. I am believe government will issuing regulation for the market but many country still dont have regulation about ICOs, and we know the issue about crypto is too many scammers on ICOs
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