Topic: Why I Am Positive About Regulations - page 3. (Read 444 times)
Many people looking positively on regulations, maybe they look forward for the legal security and safety on their life in cryptocurrency because, because until now a lots of people are fear and uncentainty doubt about cryptocurrency business.
If you are negative - we can't see you in this forum because you would sell all your crypto already and has no beleive in crypto's bright future and big profits 
We all beleive in positive regulations because we are in crypto
We all beleive in positive regulations because we are in crypto
Cryptocurrencies have seen it's all time high on Dec 2017. People went crazy buying and selling cryptos. Some made a lot of money and some have lost. But most of them didn't know what are cryptocurrencies. Hence, when the media published FUD, many weak hands started to cash out at loss... crashing the market. This is why, do not invest in what you don't understand. The government cannot ban blockchain from existing in this world. It is a form of technology and it is stupid for someone to ban technology. However, they can regulate the cryptocurrencies that are used to fuel the blockchain ecosystem. How can regulations happen?
1. Classifying crypto as either a legal form of tender or an asset.
2. Monitoring all the ICOs and banning the scams. Public money are being raised, government should interfere to protect investors.
3. Putting an end to any shitcoins/projects. De-listing them from the exchange.
4. Keeping an eye price on manipulation and stopping all the pumps & dumps.
5. Income tax/capital gain tax. This depends on how is crypto being classified.
All the 5 points above will have more good than bad. Crypto market cap is less than $1 trillion while stock market is $70 trillion. With more good coming into crypto, it will be a safer place for investment and this will attract more money. With more money and less scams/shitcoins, investors will only focus on putting their money on legit and good project and when there is more money, price will definitely moon. I believe this will happen within 2 years. So get rid of all your shitcoins, hold the good ones and stay positive. We are the early investors in cryptocurrencies, be patient and wait until it becomes mainstream.
1. Classifying crypto as either a legal form of tender or an asset.
2. Monitoring all the ICOs and banning the scams. Public money are being raised, government should interfere to protect investors.
3. Putting an end to any shitcoins/projects. De-listing them from the exchange.
4. Keeping an eye price on manipulation and stopping all the pumps & dumps.
5. Income tax/capital gain tax. This depends on how is crypto being classified.
All the 5 points above will have more good than bad. Crypto market cap is less than $1 trillion while stock market is $70 trillion. With more good coming into crypto, it will be a safer place for investment and this will attract more money. With more money and less scams/shitcoins, investors will only focus on putting their money on legit and good project and when there is more money, price will definitely moon. I believe this will happen within 2 years. So get rid of all your shitcoins, hold the good ones and stay positive. We are the early investors in cryptocurrencies, be patient and wait until it becomes mainstream.
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