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Topic: Regulations help stock market exchange, and it will in cryptocurrency! - page 2. (Read 594 times)

legendary
Activity: 2576
Merit: 1655
On the one side, you have people who are arguing that regulations are able to bring a more mature environment for institutions to step into in order to invest, and lead to more adoption as people's trust in crypto rises. On the flip side, you'd also have some restrictive or draconian regulations especially in regards to KYC/AML requirements where it may not be as positive.

These are all valid. There are drawbacks and benefits of regulations. Honestly, at the end of the day, it's not up to us to decide the regulations, nor is there any way for us to stop certain regulation from happening.

For sure though, I can see that the image of bitcoin being something used in the underworld would clear up if more regulations came into place that are positive, and that could lead to more demand. But it still all depends.

Just to add up, without any regulatory body, this market will remain like a wild west and governments around the world will continue to repress and control the market.

On the other hand, we really don't need institutional investors money to help us grow the ecosystem. We have been doing it or the last 10 years. But if we are looking at the future scene, regulations can somewhat preserve and fix manipulations which will pave for the one thing that we always wanted to see, global adoption.
sr. member
Activity: 896
Merit: 253
Government Regulations may be good or bad, either way I am not sure what could really be the effect of regulations on cryptocurrency. On the contrary, the government regulations on stock market exchange was able to increase the number of investors by encouragement and building up trust and confidence of the investors for stock market exchange. Thus, making it clear that many individuals are getting involve in stock market doing day trade for them to profit.

It was never known that regulations in cryptocurrency may be at help. I came across with an article about cryptocurrency regulations states that some of the investors were now worried and afraid that without clear regulations it will deprive them to enjoy the stay on cryptocurrency. Thus, will not help also the newcomers to feel secured in joining cryptocurrency.

Quote from: Stephen J. ObieMark W. Rasmussen
Given the regulatory uncertainty, the United States also risks allowing fraudulent purveyors of cryptocurrencies to drive out the good. To be sure, federal and state enforcement officials have aggressively sought to stamp out fraudulent initial coin offerings (ICOs) and cryptocurrency trading platforms. But without clear and coherent guidelines to attract good actors to the U.S. market, fraudsters might push out the good actors. At least one estimate pegs the frequency of ICO scams to be as high as 80%.have aggressively sought to stamp out fraudulent initial coin offerings (ICOs) and cryptocurrency trading platforms.

But what could really be the benefit of regulations?

Quote from: Stephen J. ObieMark W. Rasmussen
Cryptocurrency regulations could help promote order, consistency, and accountability within the cryptocurrency market without imposing undue burdens. And they will help the United States emerge as a wise leader in the regulation of cryptocurrency, which will spur entrepreneurship and innovation in this country. After all, wisdom — more than ignorance — is a truer form of bliss.

So, if one will make the best move to let cryptocurrency be regulated all over the countries around the world then definitely cryptocurrency will be next to stock market exchange. Maybe it could be better than stock market exchange because we are not talking about real money it is a digital currency which aims decentralized currency and to provide good service to its investors or consumers attracting low transaction fee than the current banking system. Hopefully this innovation will push through regulations.

Reference: https://hbr.org/2018/07/how-regulation-could-help-cryptocurrencies-grow



 



Yes, I also see those regulation may have a good impact inside crypto currency market since it will give investors some security for their funds.
legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
I tend to think the stock market is over-regulated, though I'm not against having rules enforced by the government per se.  Way back in the early days of the stock market, there used to be pump and dump groups, much like we're seeing in cryptocurrency today--and I don't think that should be allowed.

It's actually surprising to me that the US government at least hasn't already introduced any real legislation regarding crypto.  It's not like the market is extremely small, and there certainly have been abuses in it already.  Usually the government jumps all over anything to do with money and they start introducing laws almost immediately.  It's weird, actually, that they haven't done that with bitcoin.  The only major thing I've seen is that US citizens aren't allowed to participate in ICOs (if I'm understanding the law correctly). 

However, I kind of like the wild west aspect of crypto.  The way it is now is almost a completely free market where buyers and sellers dictate a coin's value, and the exchanges are open 24 hours/day, 7 days/week--unlike the stock market, where you can only trade from 9:30am-4pm Monday-Friday and not on holidays.  Stock exchanges have also been known to close when disaster strikes, like on 9/11/01.  That's not the case with crypto exchanges, and there are far more of them as well.  So all in all, I'd be against much more government interference with crypto. 

The one thing I would like to see is some sort of standard that needs to be met before someone starts up a crypto exchange.  We've seen way too many exchanges scam their customers with excuses like "we got hacked!" and so forth.  One of the reasons I like Coinbase is because it's based in the US and has some oversight from the US government.  They're not likely to pull an exit scam.  An exchange like Yobit, though?  Yeah, good luck using them.  They probably have less than a year left before they either steal all their customers' money or just go out of business when people figure out how scammy they are.
hero member
Activity: 1540
Merit: 500
Regulations saved the companies in those stock markets, not the stock market itself. The companies that leveraged their positions insanely actually lost a ton of money when the stock market crashed and right after that got saved by the regulations and goverments and they reinvested when the market was crashed and of course the new money coming in fixed a bit of the stock market which took time but the people in those markets actually lost a ton of money. So if cryptocurrency ever gets regulated I am 100% sure that whales will be saved whenever something bad happens and we will be the one thrown under the bus.

with regulation will certainly increase investor confidence. moreover there is legality from government, which will be safer. and it is true that whales will lose space to move. that means market will return to health

I'm not sure why people think regulation on crypto market will be same as regulation in stock exchange. It's completely different environment and what worked in stock exchange may or may not work in crypto market due to high volatility. I don't think whales will just go away. Regulation may give people an illusion of more security.
full member
Activity: 1050
Merit: 100
Regulations saved the companies in those stock markets, not the stock market itself. The companies that leveraged their positions insanely actually lost a ton of money when the stock market crashed and right after that got saved by the regulations and goverments and they reinvested when the market was crashed and of course the new money coming in fixed a bit of the stock market which took time but the people in those markets actually lost a ton of money. So if cryptocurrency ever gets regulated I am 100% sure that whales will be saved whenever something bad happens and we will be the one thrown under the bus.

with regulation will certainly increase investor confidence. moreover there is legality from government, which will be safer. and it is true that whales will lose space to move. that means market will return to health
jr. member
Activity: 93
Merit: 5
Regulations saved the companies in those stock markets, not the stock market itself. The companies that leveraged their positions insanely actually lost a ton of money when the stock market crashed and right after that got saved by the regulations and goverments and they reinvested when the market was crashed and of course the new money coming in fixed a bit of the stock market which took time but the people in those markets actually lost a ton of money. So if cryptocurrency ever gets regulated I am 100% sure that whales will be saved whenever something bad happens and we will be the one thrown under the bus.
brand new
Activity: 0
Merit: 0
Regulations helps stock market exchange, and in some aspects can help in cryprocurrency. Regulations will help the crypto to get legit in many nations and will help in growth of popularity.
legendary
Activity: 1666
Merit: 1001
Yeah maybe it can help crypto it's really depend on the regulations, by regulated crypto it can can give investors more secure feeling and it can boost it's popularity, but some people invest crypto because of the uniqueness, the decentralized feature could make someone got huge profit, if the regulations make the crypto same with Fiat investment,then some of the investors will quit investing in crypto
brand new
Activity: 0
Merit: 0
Regulation can help bitcoin to some extent, like being used in illegal activities and scamming. Too much intervention and regulation might hurt the market.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
Of course, regulation is something we even cannot shy away from as far as I am concerned and it would be of huge benefit to this space in terms of growth. This is an evolution that will disrupt a lot of things, but its function can be misused if care is not taken and that would limit the growth of the space in the long run.

Virtually, over 90% of ICOs are scams, and a lot of tokens or coins have no real life product and it is more like they are just running on some pyramid schemes, and as long as this keeps happening, it will keep giving the space a bad name just because of some bad eggs.

Regulation will curtail most of these things, while separating the bad eggs and eliminating them and with that kind of a situation, we get to have a matured space that can easily grow fast while leaving investors mind at rest. We need SMART regulation, and I hope this is something we will get to see.
We indeed need smart regulation as there is absolutely no doubt about that. I am happy you already made some reference to the things that has been occurring in the crypto economy for a while and how some bad ones are trying to utilize it for their own way they know how to do best. The only way this can really be curbed is when we tend to have the space regulated. There will be laws in place, some regulation framework in place; people won't just do things the way they like and so on.

Nonetheless, a lot of the part of regulation has to do with the government not trying to bring regulations that would limit the growth of the space but at least, bring about something that would help with its growth, while removing that bad aspect of it at least to a very good extent, which is why I agree to the word you used as SMART regulation.
hero member
Activity: 1666
Merit: 753
On the one side, you have people who are arguing that regulations are able to bring a more mature environment for institutions to step into in order to invest, and lead to more adoption as people's trust in crypto rises. On the flip side, you'd also have some restrictive or draconian regulations especially in regards to KYC/AML requirements where it may not be as positive.

These are all valid. There are drawbacks and benefits of regulations. Honestly, at the end of the day, it's not up to us to decide the regulations, nor is there any way for us to stop certain regulation from happening.

For sure though, I can see that the image of bitcoin being something used in the underworld would clear up if more regulations came into place that are positive, and that could lead to more demand. But it still all depends.
hero member
Activity: 966
Merit: 517
Government Regulations may be good or bad, either way I am not sure what could really be the effect of regulations on cryptocurrency. On the contrary, the government regulations on stock market exchange was able to increase the number of investors by encouragement and building up trust and confidence of the investors for stock market exchange. Thus, making it clear that many individuals are getting involve in stock market doing day trade for them to profit.

It was never known that regulations in cryptocurrency may be at help. I came across with an article about cryptocurrency regulations states that some of the investors were now worried and afraid that without clear regulations it will deprive them to enjoy the stay on cryptocurrency. Thus, will not help also the newcomers to feel secured in joining cryptocurrency.

Quote from: Stephen J. ObieMark W. Rasmussen
Given the regulatory uncertainty, the United States also risks allowing fraudulent purveyors of cryptocurrencies to drive out the good. To be sure, federal and state enforcement officials have aggressively sought to stamp out fraudulent initial coin offerings (ICOs) and cryptocurrency trading platforms. But without clear and coherent guidelines to attract good actors to the U.S. market, fraudsters might push out the good actors. At least one estimate pegs the frequency of ICO scams to be as high as 80%.have aggressively sought to stamp out fraudulent initial coin offerings (ICOs) and cryptocurrency trading platforms.

But what could really be the benefit of regulations?

Quote from: Stephen J. ObieMark W. Rasmussen
Cryptocurrency regulations could help promote order, consistency, and accountability within the cryptocurrency market without imposing undue burdens. And they will help the United States emerge as a wise leader in the regulation of cryptocurrency, which will spur entrepreneurship and innovation in this country. After all, wisdom — more than ignorance — is a truer form of bliss.

So, if one will make the best move to let cryptocurrency be regulated all over the countries around the world then definitely cryptocurrency will be next to stock market exchange. Maybe it could be better than stock market exchange because we are not talking about real money it is a digital currency which aims decentralized currency and to provide good service to its investors or consumers attracting low transaction fee than the current banking system. Hopefully this innovation will push through regulations.

Reference: https://hbr.org/2018/07/how-regulation-could-help-cryptocurrencies-grow



 


Regulation is good and will bring about the space getting matured the more pretty fast. A lot of people may not like the sound of it, but from the look of things, it actually looks like humans cannot really do things nicely without having some people who will want to jeopardize it, and for that effect, for this space to grow fast, and to see a lot of scamming activities being reduced, the best way is to simply regulate it.

We all know in a lawless country, there is no sin. There is lawlessness at the moment in the crypto space, and apparently, we all know that has given room to every evil doer to keep doing whatever they want to do easily.
hero member
Activity: 924
Merit: 511
Regulations are helping not only stock markets but also any other assets whether it is digital or physical from being misused but of course the implementations on crypto are not regulations but obvious bans from government.
Crypto is something that doesn't need to be governed/controlled , we should keep it as it is made for the ease of businesses and individuals
member
Activity: 378
Merit: 10
One should be known and understand that is all investment has risk moreover investing in Crypto decentralized system which has no an entity control it. It definitely has higher risk the traditional or real investment. However, all the risk can be minimize and anticipate as long as the investor deal and want to learn before dealing to invest in Crypto. So, it can not be said that crypto investment is risk, indeed real investment is risk if we do not comprehend it well. 
member
Activity: 616
Merit: 12
Send&Receive Money Instantly, w/ no hidden costs
this can vary 180 degrees as happened in the stock exchange in my opinion. Why ?
because fluctuations and volatility are the main problems, if we compare the stock exchange and cryptocurrency in this case it also differs greatly. so there will be two possibilities. win or fail
legendary
Activity: 3248
Merit: 1402
Join the world-leading crypto sportsbook NOW!
the government regulations on stock market exchange was able to increase the number of investors by encouragement and building up trust and confidence of the investors for stock market exchange.

I came across with an article about cryptocurrency regulations states that some of the investors were now worried and afraid that without clear regulations it will deprive them to enjoy the stay on cryptocurrency. Thus, will not help also the newcomers to feel secured in joining cryptocurrency.


But what could really be the benefit of regulations?

Quote from: Stephen J. ObieMark W. Rasmussen
Cryptocurrency regulations could help promote order, consistency, and accountability within the cryptocurrency market without imposing undue burdens. And they will help the United States emerge as a wise leader in the regulation of cryptocurrency, which will spur entrepreneurship and innovation in this country. After all, wisdom — more than ignorance — is a truer form of bliss.
Regulating stock makes sense to me, because there is supposed to be something standing behind the papers and numbers and it is nice when there's authority that can make some sort of insurance that completely illegit and useless things are not available. But cryptocurrencies are different. I think that they are, first of all, future means of payment. Money should not have a product behind it and should not be considered as investment. Surely, people often save some fiat for future or try to make profit from price differences when one kind of fiat is exchanged for another sometimes, but that's not the main usage of money. I think the same has to become true about cryptos and then only a part of ICOs (and their future coins/tokens) could qualify as assets to be regulated and taxed. I think it's unfair that the whole variety of what is called 'cryptocurrency' should be treated the same way and suffer because of how some people treat cryptos as something they invest in.
member
Activity: 518
Merit: 21
Government regulation is sure going , cryptocurrency is the future stock market exchange, but this won't come to reality until there is government stamp on cryptocurrency.
I had foreseen this also that cryptocurrency is the future of stock exchange but a better way than stock exchange market. The stock market exchange has gone good for government had stomp on it and taking it to the next level We'd hope that it will do the same with cryptocurrency.
member
Activity: 378
Merit: 13
Well, there is actually no doubt that we will get to see regulation bring this market to a matured state, but it should also be understood that it is something that would actually bring some changes. Obviously, not changes in protocol as most of the crypto market will remain decentralized until they have their protocols changed anyway and that is what makes it good since no one can be in control. The only control that will come with regulation is how exchanges act, the actions of people on the exchanges and how things like scam can be curtailed and really that is a good thing as far as I am concerned.
full member
Activity: 728
Merit: 101
Bitcoin is the currency of this age
Government regulation is sure going to be an advantage to the cryptocurrency space, as investors will tend to have trust in the space nd ths will increase the awarness and number of the community,Thou government will benefit from tax to be collected, it will be a symbiotic relationship, cryptocurrency is the future stock market exchange, but this won't come to reality until there is government stamp on cryptocurrency.
sr. member
Activity: 924
Merit: 260
Government Regulations may be good or bad, either way I am not sure what could really be the effect of regulations on cryptocurrency. On the contrary, the government regulations on stock market exchange was able to increase the number of investors by encouragement and building up trust and confidence of the investors for stock market exchange. Thus, making it clear that many individuals are getting involve in stock market doing day trade for them to profit.

It was never known that regulations in cryptocurrency may be at help. I came across with an article about cryptocurrency regulations states that some of the investors were now worried and afraid that without clear regulations it will deprive them to enjoy the stay on cryptocurrency. Thus, will not help also the newcomers to feel secured in joining cryptocurrency.

Quote from: Stephen J. ObieMark W. Rasmussen
Given the regulatory uncertainty, the United States also risks allowing fraudulent purveyors of cryptocurrencies to drive out the good. To be sure, federal and state enforcement officials have aggressively sought to stamp out fraudulent initial coin offerings (ICOs) and cryptocurrency trading platforms. But without clear and coherent guidelines to attract good actors to the U.S. market, fraudsters might push out the good actors. At least one estimate pegs the frequency of ICO scams to be as high as 80%.have aggressively sought to stamp out fraudulent initial coin offerings (ICOs) and cryptocurrency trading platforms.

But what could really be the benefit of regulations?

Quote from: Stephen J. ObieMark W. Rasmussen
Cryptocurrency regulations could help promote order, consistency, and accountability within the cryptocurrency market without imposing undue burdens. And they will help the United States emerge as a wise leader in the regulation of cryptocurrency, which will spur entrepreneurship and innovation in this country. After all, wisdom — more than ignorance — is a truer form of bliss.

So, if one will make the best move to let cryptocurrency be regulated all over the countries around the world then definitely cryptocurrency will be next to stock market exchange. Maybe it could be better than stock market exchange because we are not talking about real money it is a digital currency which aims decentralized currency and to provide good service to its investors or consumers attracting low transaction fee than the current banking system. Hopefully this innovation will push through regulations.

Reference: https://hbr.org/2018/07/how-regulation-could-help-cryptocurrencies-grow



 


That is it an I don't know why some cryptocurrency enthusiast are against it.  For sanity to come into this market it must be regulated.  The disadvantages of not regulations is high than advantage. Stock market get to were it is today because it was regulated and if we want cryptocurrency to move to another level then we should allow governments regulate bitcoin and cryptocurrency.
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