Is regulation good or bad? - page 71.

metalglowd

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Quote from: DianTama on September 19, 2018, 05:19:05 AM

Blockchain was clearly not created for control, if it regulates the crypto currency or somehow restricts it, it will have a negative impact on the market and will limit the flow of new people into this area.

but if blockchain does not have regulation even by the government, then for the future, blockchain and cryptocurrencies do not have a good place, here we are like being reserved a table for the world so the world can know about blockchain even when the world has already seen us.

About how bitcoin and another cryptocurrencies prices and its fluctuating flow, government actually can't control it that was the bad news that we already keep before and after the regulation

engesi

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Activity: 434

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Fast, Smart, Trustworthy

I think the cryptocurrency market still needs to join the regulatory authorities, because now many fraudsters are destroying the market, and when there are laws that can sanction these fraudsters, the market environment will improve!

DianTama

copper member

Activity: 60

Merit: 0

Blockchain was clearly not created for control, if it regulates the crypto currency or somehow restricts it, it will have a negative impact on the market and will limit the flow of new people into this area.

Ridwan Fauzi

full member

Activity: 1330

Merit: 147

Regulation can give users the freedom to use cryptocurrency in their live. And this will certainly be good for the future of cryptocurrency, so as to make many new users who come and use cryptocurrency and use cryptocurrency to be mainstreem. And the government as a regulator will find it difficult to accept this, they will still force the cryptocurrency to disappear from its country, surely for those who hate cryptocurrency. I guess technology will grow more and more, and they will soon realize the function of cryptocurrency they don't know yet.

aoihs00

sr. member

Activity: 700

Merit: 300

Yes, that the thing, it will build lot of trust. This trust will bring the big and small investors together and also the financial institutes will go hand in hand so that it will push the crypto market up ahead. This will surely happen because by that time everyone will know that crypto currency is legal thing and it has no difference than the fiat currency and only the way it will differ is that its decentralised and thus you can have your own virtual banking system with no limits on the transaction and also no limit on how much you earn it. Its like blended usage, thoughts, processes and much more will get seeded as soon as the regulation over the crypto currency take effect.

erushin.antony

member

Activity: 140

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At regulation there will be less roguish projects. Regulation is necessary to cryptocurrencies but in a special format. Grin

dewildance

full member

Activity: 546

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The market always finds the balance! At this point, it would be useful if an regulation is made within the legal limits instead of the bans.

casty3000

full member

Activity: 532

Merit: 100

The regulations on the one hand are bad on the one hand. Heavy taxes will be applied, but your earnings will be reduced but legal work.

DainSLane

full member

Activity: 784

Merit: 112

I think making some regulation in crypto currency which is good to us to avoid to those people who are making bad influence or making bad news about crypto currency that is why most of our good investors are being disappointed of the news coming out here in crypto.

grifinmch

sr. member

Activity: 756

Merit: 250

at least with the existence of a statute or regulation be made crypto can be arranged neatly. Instead, it indicates crypto chaotic but at least there is a guarantee from the Government if it could be more crypto can be arranged and provided with the regulation. This, of course, will also benefit many parties either own crypto lovers as well as from the Government.

hanxinvwang

full member

Activity: 350

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If the entire cryptocurrency market is regulated, this may mean that we can make a profit and will also reduce, but I think the ICO project is very much in need of supervision!

vigos

member

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Fast, Smart, Trustworthy

Supervision is definitely good for the development of the industry. Only after the supervision of the government department will more citizens be willing to accept this market. Only then will people feel that this is a reasonable and compliant market. Only with this crypto can it achieve the goal of replacing cash.

alian17

full member

Activity: 448

Merit: 100

In the long run, regulation is very necessary. It is mainly the supervision of ICO or exchanges. Because ICO is a lot of fraudulent projects. Supervision has the use of real projects landing. In addition, the regulation of exchange is mainly about price manipulation and money laundering regulation.

chanler

member

Activity: 753

Merit: 15

mulierum.com

In my personal opinion, this new regulation will give both positive and negative impact. Positively, the members are now being active to make better quality posts. It is not only about reducing the expensive garbage posts but also improving the posting quality. However, negatively is seen from the owner of the account itself. Many ex-Junior member that are participating in the bounty campaigns are automatically deleted and this is very sad to know this because sometimes they have joined around more than 2 months.

denis-z12

full member

Activity: 294

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Any serious investment is regulated and if crypto market wants to have a future as an instrument for investment it needs to be regulated as well. No serious big money investor will look to invest in something that can drop 40-50% in a day or two.

DikkieD

member

Activity: 560

Merit: 22

In an utopia regulation would be a bad thing. For this thing to flourish no regulation is wanted or needed. However, current powers are able to kill the whole thing with ease, so if them having to enforce a bit of regulation so they will accept blockchain/crypto AND it has some benefits for the community too (like less scams, less volatility etc) I would totally not mind some form of regulations.

anisoptera

member

Activity: 308

Merit: 10

You need to understand that the regulation in government eyes look very different from your what you see. First of all, they need money from you, so the first step will be putting taxes on crypto holders, next step - make crypto as licensed industry and sell a license, and after that ... may be think how to improve the first two steps.

drmasa

member

Activity: 270

Merit: 10

In short term just mention of the regulations created huge fud, but as the time goes by I believe that when ICOs get better regulations there will be no more bans and investors will be back in even greater numbers!

JakenBake

member

Activity: 150

Merit: 11

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?

I prefer to be free and responsible for my security. I do not expect nor want the government to interfere with my dealing. I'm very surprised you guys want governments involvement in your life. You realize these fucks kill people by the millions yearly. It's a danger to yourself and children to keep these madmen in charge. The governments are so completely perverted at this point I cannot believe people are crazy enough to go along anymore. Come on guys think about it. Freedom is hard. It's not easy but its better than letting these assholes tell us what to do or how to run the movement.

BanaCrypto

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Obviously the association is great out in the open life and in the realm of encryption specifically in light of the fact that the association gives security to financial specialists and their trust in the task is more noteworthy and dependably the aftereffects of the association positive

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