Sustainability and regulations in crypto

jhache

full member

Activity: 518

Merit: 100

Quote from: Temmy007 on July 12, 2018, 03:04:38 AM

The need for sustainability and regulations can't be over emphasized.
Firstly on sustainability.
1. I want to thank the admins of bitcointalk forum bringing the merit system; which have make the ranks to still have values till day; with many people noticing the potential of crypto there has being a high surge in the number of participant in airrdrops and bounty program.
This has totally made airdrop worth less; but bounty still have value as of now which I hope would continue for while much longer. Because it what some of us use to make a good amount for side income; depending on each respective country.

2. Secondly on regulations;
There has being a lot ico puting in, day in day out; with this I believe in few months icos would become less worthy, cause there is no ideas or innovations, just copy cats and trash;

Finally; excluding the market situation; the average income of a bitcointalk member has reduced drastically over the last month; I hope there would be solution quickly; to give value and ensure profit.

I think that bitcointalk was just trying to maintain their own integrity, they clamped down on the multiple account owners who are using their accounts to do multiple bounties at a time. Which is good as this has reduced the rate of spam on the forum, now it would be good if they would go a step further and put some good regulations on the bounty campaigns.

zxl912157

sr. member

Activity: 588

Merit: 250

Quote from: Temmy007 on July 12, 2018, 03:04:38 AM

The need for sustainability and regulations can't be over emphasized.
Firstly on sustainability.
1. I want to thank the admins of bitcointalk forum bringing the merit system; which have make the ranks to still have values till day; with many people noticing the potential of crypto there has being a high surge in the number of participant in airrdrops and bounty program.
This has totally made airdrop worth less; but bounty still have value as of now which I hope would continue for while much longer. Because it what some of us use to make a good amount for side income; depending on each respective country.

2. Secondly on regulations;
There has being a lot ico puting in, day in day out; with this I believe in few months icos would become less worthy, cause there is no ideas or innovations, just copy cats and trash;

Finally; excluding the market situation; the average income of a bitcointalk member has reduced drastically over the last month; I hope there would be solution quickly; to give value and ensure profit.

Merit is needed to hold a lot of accounts following the full airdrop with posts up.
If it continues to be done like that then I am sure that many accounts are promoted easily by using junk posts.

CoinCodex

jr. member

Activity: 314

Merit: 6

UK Parliament Treasury Committee wants some stricter regulation for cryptocurrencies and ICO's.

https://coincodex.com/article/2361/uk-parliament-treasury-committee-calls-for-stricter-regulation-of-the-cryptocurrency-space/

swartzias

full member

Activity: 294

Merit: 100

Stability will come to this market only when the whole world will move to cryptocurrency. There will be a flow exclusively from one cryptocurrency to another, and the bowl will not lose anything.

HarpeCharlotte

newbie

Activity: 322

Merit: 0

Yes this forum has contributed to a great extent for the development of the crypto market and the result is seen in different in various campaigns. And about your colplain about earning less in recent time can because of the berish market. Hope it will be solved now.

karthcrypt

member

Activity: 266

Merit: 10

“Revolutionising Marketing and Loyalty”

The ideals of cryptocurrency is not fundenmentally tally with regulations. Regulations will kill innovations and creativity that have contributed to success of cryptocurrency for almost ten years now. Cryptocurrency can govern itself.

ElianaMaria

newbie

Activity: 92

Merit: 0

The Bitcointalk Space is great for weeding people out and questions their validity. I agree there are a lot of ICOs hitting the market, but there are some quality projects happening. Often time they get overshadowed by the trash because copy-paste projects are easy to market because you spend now time on innovation. Regulations would be beneficial but it should be done by independent patrons, maybe on here. Can the market be self-regulating? I do not believe governments or interference are the answer but some consistency would be good. Not sure if can be a communal sense of what needs to be the standard, but as the technology becomes more mainstream, something will need to be done.

organelles

member

Activity: 350

Merit: 10

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You are right, we really cannot over emphasize the need for sustainability and regulations, things like this are what we need to have in the crypto community if we have any hopes of keeping cryptos alive past the next couple of years. like you mentioned, bitcointalk has given us a taste of what it would look like when there is sustainability and regulations and I am so happy to see it.

Tim Murray

member

Activity: 154

Merit: 10

In general, I believe that for successful work in the crypto-currency. Only forums and save. There are real recommendations, real people. Who really want to help avoid failures. And this is the main thing. The sites are mostly posted information, from the side, which is convenient to the author. Not more.

austinsku

member

Activity: 168

Merit: 10

Members of the "Big Twenty" are going to meet at the summit in Argentina already this month. During this time, we will become more aware of how FSB plans to implement the regulation of crypto-currency at the world level. Now it is difficult to predict how this will happen. Recall that the G20 includes India and Mexico, where the government is pursuing its policy with respect to digital currencies. And it will be difficult to overtreat the authorities of these countries.

hasmukh_rawal

copper member

Activity: 490

Merit: 105

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Quote from: Temmy007 on July 12, 2018, 03:04:38 AM

The need for sustainability and regulations can't be over emphasized.
Firstly on sustainability.
1. I want to thank the admins of bitcointalk forum bringing the merit system; which have make the ranks to still have values till day; with many people noticing the potential of crypto there has being a high surge in the number of participant in airrdrops and bounty program.
This has totally made airdrop worth less; but bounty still have value as of now which I hope would continue for while much longer. Because it what some of us use to make a good amount for side income; depending on each respective country.

I didn't believe in Airdrops at all. I found it's concept meaningless and that's why I never took part in airdrops. Bounty programs were quite fun though and also earned a few dollars a month.

Quote

2. Secondly on regulations;
There has being a lot ico puting in, day in day out; with this I believe in few months icos would become less worthy, cause there is no ideas or innovations, just copy cats and trash;

Yes, that's true. ICOs are really becoming less worthy since 80% of the ICOs launched in 2017 were scams and has no value in today's date. Do you think people will bother to think about investing in ICOs again if this keeps happening.

Quote

Finally; excluding the market situation; the average income of a bitcointalk member has reduced drastically over the last month; I hope there would be solution quickly; to give value and ensure profit.

This keeps happening as BTC price keeps going up and down. It is more like that the amount of BTC decreases when BTC goes high and less likely that amount of BTC increases when price of BTC goes down. Now since the market is down, the payment in BTC seems low to us.

Ereun

full member

Activity: 322

Merit: 100

Quote from: cryptovally01 on July 13, 2018, 01:45:20 PM

I totally agree with you. This forum has helped many people on various issues of cryptocurrency. I also believe there must be some rules and regulations for ICOs to avoid scams.

Regulation is necessary given the ICO scams are still common and this worries investors, let alone harming newcomers. because many people take unilateral benefits.

SixOfFive

sr. member

Activity: 630

Merit: 257

I totally agree with you. Regulations are something what is needed to make the ICOs trustworthy. Unlike IPOs, ICOs are not obliged to follow any guidelines. This has increased many scam ICOs. Almost anyone can launch an ICO and raise funds from the public. They are not required to do through any kind of professional diligence which can give some idea to investors regarding the risks involved in the ICO

Invest-or

member

Activity: 322

Merit: 20

We must be aware that regulations have also a huge cost and many projects that have been launched before would have been impossible giving the burdensome compliance requisites.

AndrewBrown

newbie

Activity: 251

Merit: 0

With the regulations, certain things can be put in place and managed effectively. Where there is no rule, there is disorderliness. With the regulations set, a lot of these scam ICOs can be easily identified and put in their place, making the forum a better and safer place to be in.

Crown1

member

Activity: 210

Merit: 10

This is hard to solve.
Because the bounty hunter paid most of the time depends on the market, so now the whole market is in a state of downturn led the token list on exchange, then at below their issue price.

anchuoinhhoc

jr. member

Activity: 252

Merit: 1

I am an ICO investor. I think cryptographic rules are not as important as the quality of the project and the technical team is good.

kellyscott

newbie

Activity: 154

Merit: 0

action speaks louder than words right so I think that is enough to prove the stability of crypto that more then million of people are involved with it, and of course cryto currency provides a standard manegment system so that the investors don't have to face any trouble for investing and doing their trading.

annasadia

newbie

Activity: 196

Merit: 0

You can invest on this market because this market has a great future. Many countries are starting to accept this market. So don’t afraid to invest on this market and I also suggest you can invest on bitcoin.

salinagomez

newbie

Activity: 266

Merit: 0

you really shared a good information based on this we can get enough knowledgeable information’s from here also this market need to regulate because of scams and fraud based on this yes some are just share others information’s which is really disappointing.

Topic: Sustainability and regulations in crypto (Read 249 times)