Regulation of Cryptos!
Everything new is always scary.
Indeed, one wonders if it is not dangerous.
Regulate or outlaw cryptocurrency.
Some countries do not want it.
Do you ask why? Well, it's simple: it’s independence.
A cryptocurrency that is not tied to a central bank and that allows businesses to be independent is frightening.
Certainly, for a good evolution, it is necessary to regulate it.
However, let us remember the first steps of the internet, Facebook and others.
First, we created and then we thought about regulating.
Regulate cryptos? Good idea. Nevertheless, let us not kill their spirit of independence.
Topic: So many cryptocurrencies ! - page 22. (Read 6272 times)
Most of them are really scam. You should be really careful before investing money. Bitcoin will always be there. ETH is also strong.
there are so many selling only whitepaper and without any kind of a working product and not a serious team, after the market has settled down and the things become more professional than the majority would disappear.
Nah i don`t think that they need to be regulated, there are a tons of projects that have the same idea behind them and thats useless. As i see that a lot of alts will just disappear in the future and only maybe 50 of them will go to the top, with great projects and concept, at the moment there are a lot of trash coins out there, but also there are some diamonds which are just hidden behind the big trash can.
It seems that there must be a clear regulation so that in the future there will be more good projects created, unlike today even though more and more projects are coming out every day but we ourselves are confused about choosing it because there are many projects that ultimately scam or stay by his team unclear and make the token die on the market.
Nah i don`t think that they need to be regulated, there are a tons of projects that have the same idea behind them and thats useless. As i see that a lot of alts will just disappear in the future and only maybe 50 of them will go to the top, with great projects and concept, at the moment there are a lot of trash coins out there, but also there are some diamonds which are just hidden behind the big trash can.
Each Coin has its own way of utilizing blockchain tech it seems and many are backing for some sort of project, game, or app. From a newbie standpoint, each coin is almost like a corporation that has stock on the stock market. I know that is a VERY simple way to think about it.
To my the cryptocurrency space is being operated as two bitcoin which is the mother coin to alternative cryptocurrencies because after bitcoin any other digital currency are all the same. We only need one single digital currency which is bitcoin every other tokens are just utility coins.
Too many cryptos, not enough time. Where to begin? No one really can sift through the huge pool of available coins themselves so yes, certainly we need something to organize it. And push out those scammer ponzi schemes.
It's not much different from the dot com bubble as far as the idea goes. Some groundbreaking new technology comes along, everyone dumps their money into it, a lot of it fails, people get hurt, then we pick up and start again. Whether that means a new coin altogether or just a new system of regulations to manage it, we will see. But I bet that if there is a major crash, established regulatory bodies will come rushing in to "protect" us and in turn monitor everything.
It's not much different from the dot com bubble as far as the idea goes. Some groundbreaking new technology comes along, everyone dumps their money into it, a lot of it fails, people get hurt, then we pick up and start again. Whether that means a new coin altogether or just a new system of regulations to manage it, we will see. But I bet that if there is a major crash, established regulatory bodies will come rushing in to "protect" us and in turn monitor everything.
I think every crypto currencies has their own roadmaps and it is their responsibilites, developers, to take the road that in their mind, will make their crypto successful. There are 1624 currently active cryptocurrencies and more than 100 cryptocurrencies exchanges working right now in 2018.Small companies often are at a risk of shutting down with so tough competition.
well small companies cannot compete with crypto which is already large it will disappear over time ,but if diligently expanding the network or expanding relationships for development ,it is a possible that even small companies will be able to competition with others cryptocurrencies
I think every crypto currencies has their own roadmaps and it is their responsibilites, developers, to take the road that in their mind, will make their crypto successful. There are 1624 currently active cryptocurrencies and more than 100 cryptocurrencies exchanges working right now in 2018.Small companies often are at a risk of shutting down with so tough competition.
There are 1624 currently active cryptocurrencies and more than 100 cryptocurrencies exchanges working right now in 2018.
With so many cryptocurrencies in the market Without regulations I feel there should be some body to legalize only a few , since its not like the more the merrier!
It just increases risks of any Fraud.
Small companies often are at a risk of shutting down with so tough competition.
The reason why the percentage of market Bitcoins dominates isn't exactly because they got less investors now , it's just because with so many currencies around the globe it's getting saturated and distributed .
Only some of them would be successful like 10-20 but with this tough competition it's risking people's investments and both these small small exchanges.
I strongly believe that a regulatory body should tackle this and then make a decision.
I think is negative in it's own way.
Share your opinions below , do you think it's positive ?
Cryptocurrencies I really a significant amount right now, and this is also positive thing because we don't need to be concerned about those which are forgotten already and also those which are just a tokens off a project and nothing more. With so many cryptocurrencies in the market Without regulations I feel there should be some body to legalize only a few , since its not like the more the merrier!
It just increases risks of any Fraud.
Small companies often are at a risk of shutting down with so tough competition.
The reason why the percentage of market Bitcoins dominates isn't exactly because they got less investors now , it's just because with so many currencies around the globe it's getting saturated and distributed .
Only some of them would be successful like 10-20 but with this tough competition it's risking people's investments and both these small small exchanges.
I strongly believe that a regulatory body should tackle this and then make a decision.
I think is negative in it's own way.
Share your opinions below , do you think it's positive ?
There are so many cryptocoins popping up everyday and most of them will die without any product, better to do research before investing
Exactly. Everyday there is a lot of electronic money, this is a lucrative opportunity that investors are very interested. But many bad guys take advantage of this opportunity to create projects to scam the market, take all the investment money of people. Be careful to be careful before joining.Well that should be automatic for any sensible person if he's going to invest in something. Though the crypto market opened up a lot of opportunities for investors, it also gave scammers another method of taking people's money.
There are so many cryptocoins popping up everyday and most of them will die without any product, better to do research before investing
Exactly. Everyday there is a lot of electronic money, this is a lucrative opportunity that investors are very interested. But many bad guys take advantage of this opportunity to create projects to scam the market, take all the investment money of people. Be careful to be careful before joining. 
you can always say that in our local world is presented so many of currencies as well, but some of them are already forgotten, some of them are not liquid, some of them are not making sense.
There are so many cryptocoins popping up everyday and most of them will die without any product, better to do research before investing
Yes, more and more electronic money is available and it may increase the risk of investment. However, it makes the market more developed and diverse, it gives investors more choices.
Competition should be. The more there are different crypto-currencies, the better. The market must determine the price of each coin. The only thing, there should be some minimum criteria for control in order to minimize the possibility of fraud.
Yes, this makes me wonder too.
There are 1624 currently active cryptocurrencies and more than 100 cryptocurrencies exchanges working right now in 2018.
With so many cryptocurrencies in the market Without regulations I feel there should be some body to legalize only a few , since its not like the more the merrier!
It just increases risks of any Fraud.
1000+ cryptos is way to much and imo its starting to look like some trail and error venture for enthusiastic developers out there and all this is as a result of a free market(decentralisation) but a crypto body to overlook these projects wouldn't be a bad idea as it will reduce ICO scams,reduce the number of shitcoins and bring sanity to this ecosystem, the idea is welcome😀With so many cryptocurrencies in the market Without regulations I feel there should be some body to legalize only a few , since its not like the more the merrier!
It just increases risks of any Fraud.
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Small companies often are at a risk of shutting down with so tough competition.
In the beginning small companies had it easy but like you said too many cryptos are popping up everyday and if companies with the finances join this ecosystem these small startups are shut down almost instantly as the current competition is swinging towards influencial companies.
In every crypto currency has its own program to develop its crypto so that if have a good program will certainly many who are interested and will progressively but for those who do not, it will be eliminated
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