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Topic: Is regulation good or bad? - page 73. (Read 30843 times)

jr. member
Activity: 322
Merit: 3
September 18, 2018, 04:09:35 AM
#15
Totally agree that regulations are good, now when we have so many cryptos and ICOs and when we have ambition that it should be form of future currency, than yes it should be regulated somehow, same is about ICOs. here is the article about existing regulations, take a look: https://icoguide.com/en/blog/ico-regulations-icos-and-their-impending-containment
full member
Activity: 363
Merit: 100
September 18, 2018, 04:07:35 AM
#14
I believe it can give more positive than negative results. having regulations, it can somehow attract new investors. If I'm a newbie and don't know much about crypto, I can be more confident to invest if there is an existing standard regulation. I don't know how can it be possible, though.
sr. member
Activity: 728
Merit: 254
September 18, 2018, 04:05:24 AM
#13
From my point of view, regulation can help the crypto-currency world to start a completely new frontier in its development, but the only other thing is that crypto-currencies today have very great opportunities in anonymity, but this problem will soon be resolved.
Crypto is not as anonymous as you think, you can be tracked down if you are involved in any criminal activity.
So, don't see Crypto as a place of hide if you are a wanted person   Grin
member
Activity: 532
Merit: 41
https://emirex.com
September 18, 2018, 04:02:52 AM
#12
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?

At some point, regulation is important most specially bitcoin and ethereum and the rest of the top 10 cryptocurrency, nowadays scams and frauds are popular every day, where coins was introduced and after few weeks it will be abandoned by the team, so it must be controlled by the government body.
sr. member
Activity: 616
Merit: 279
September 18, 2018, 04:01:44 AM
#11
I also agree with you OP.

I think the only way to see BTC to a new all-time-high is to better regulate the market. If the market gets regulated and we won't see any money laundering and illegal activities then the doors to Wall Street will be open and the big players will join the table.

So, most likely the prices will increase and eventually stabilize as opposed to the high volatility we're seeing today.
copper member
Activity: 350
Merit: 0
September 18, 2018, 04:00:58 AM
#10
In my point of view, cryptocurrency regulation is good.

why because many industry can raise fund easily through ICO.

When compared to normally fundraising this one have easier than that.

Lot of good things will happen and some bad things also is there but it will take some time to resolve that problem .

Nowadays some country adopted the crypto technology.
jr. member
Activity: 147
Merit: 8
September 18, 2018, 03:57:36 AM
#9
Agree. The regulatory function is used for the issuance of ICO. This is very good, if the world regulates the issuance of ICO then bitcoin will be very expensive, which is a good thing for cryptocurrency.
sr. member
Activity: 630
Merit: 251
September 18, 2018, 03:52:40 AM
#8
indeed the purpose of the regulation is to make everything better and I support it. but the thing that often happens is that these regulations are often misused by certain individuals or groups to create profit for themselves.
sr. member
Activity: 728
Merit: 254
September 18, 2018, 03:52:01 AM
#7
It all depends on the type of regulations, it may be favourable to some and to Some, it may not.
All I all, if Crypto is been fully regulated, across all the countries, there will be a form of limitations with the way we are using crypto currently, example is the U.S. these government agencies will want to control the way we use our crypto token/coin.
They will always want to be at the top.

full member
Activity: 602
Merit: 100
September 18, 2018, 03:45:49 AM
#6
From my point of view, regulation can help the crypto-currency world to start a completely new frontier in its development, but the only other thing is that crypto-currencies today have very great opportunities in anonymity, but this problem will soon be resolved.
full member
Activity: 532
Merit: 114
September 18, 2018, 03:38:03 AM
#5
For Everything in life we have chosen regulatory authorities for smoother working, then why should crypto be any different. In fact, most of the uncertainty and volatility might disappear too.
legendary
Activity: 3668
Merit: 6382
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September 18, 2018, 03:37:40 AM
#4
I say regulation will in the end be a good thing for crypto..

Like any such process, the result is not perfect from start. If the process is led by entities against Bitcoin, the first results will be awful.
Yes, at the end it should be beneficial for everybody, but it may be important also what happens "in between". And that's why our side should try to work on some drafts, if possible (I really don't know how).
member
Activity: 238
Merit: 15
September 18, 2018, 03:08:06 AM
#3
We definitely need some kind of regulation in cryptos, because so many people are launching ICOs just to make money. Once registration reflect similar consumer protections, there will be more incentive to develop better project. Regulation is needed and welcomed; to a reasonable degree.
newbie
Activity: 5
Merit: 0
September 18, 2018, 02:54:48 AM
#2
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. 
jr. member
Activity: 182
Merit: 1
September 18, 2018, 02:26:04 AM
#1
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?
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