Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Turbo Hammer on September 21, 2018, 11:27:39 AM
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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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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?
I think regulations will make altcoin be centralized. So, I am not agree.
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I think this regulation is nice. because by adding regulation then we will also add a relation. the more regulatory relationship too much. This will flattering was further known as well.
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I think regulation of cryptocurrencies is good it will make cryptocurrencies easy to be addopted for example about regulation is The Securities and Futures Commission of Hong Kong has published rules for cryptocurrency funds.
The regulator also said that it will probably control trading platforms.
According to the new requirements, fund managers, whose portfolio contains more than 10% of assets in a cryptocurrency, must obtain a license from the SFC.
Crypto platforms that serve only professional investors can join the experimental sandbox. In it, companies will be able to conduct experiments in the field of countering money laundering on their sites in order to prove to the regulator their competence in this matter.
It is noted that companies are entitled to apply for a license if they successfully pass the test in the sandbox.
In addition, the new rules prohibit industry participants to provide customers with any financial incentives or offer them to trade in cryptocurrency futures or derivatives.
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regulation can provide price certainty because this is support from the government, but certain regulations can also harm crypto. so that the important role of the government is important but not to regulate all crypto activities
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Regulation is very good for cryptocurrency, because it will make the community more trusted and can become more and more users. So it's no longer a problem with rules that can make prices volatile. I strongly agree that there is official regulation from the government.
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if a country has been receive the crypto then it will help us to make crypto or other transactions. it is more profitable compared to countries that have not been able to accept cryptocurrency.
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I am still thinking much longer about agreeing to the Crypto regulation made by this government. Because this will also involve many people and also many people who use Kripto as a business. Indeed, I'm also worried that Crypto will be used as a tool for money laundering, but also I don't want any rules in Crypto, I'm still confused here.
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Regulation is good and can provide price certainty because this is support from the government, but certain regulations can also harm crypto.
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Am finding it good because of the number of ICO coming up each day,this is becoming threatening to the crypticurrency market,invesors are losing a lot because of scam ICO.
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Regulate or not still crypto is really good by now and i think base in some trading site then wallets here we have also that regulated like in our country wallet related to bank with btc wallet then eth wallet and some are not so this really work in all good things another thing for me i also think that better that we regulate this but when i become veterans here i think now that crypto run for so long period of time without regulator so this is good now so no need to change that
our wallet with trading site here in my country have permit in government still they can't control this because the price of any digital currency rely in users,traders and investors worldwide
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Regulation is good .
But in a situation whereby cryptocurrency is decentralized, how do you implement the regulations?
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In my opinion, if a country has received crypto then it will help us make crypto or other transactions. it is more profitable compared to countries that have not been able to accept cryptocurrency.
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In my own opinion, regulation is very important and this plays a vital rule in a certain community, organization, country and even in this crypto world and of course in this forum as well. Without this regulaton an entity will never run. Just like this forum, we have lot of regulation implemented here, so if there was no such thing, this community will never prolong and it will be in trouble and chaos since no regulation is being followed.
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Regulation is not good or bad, it is necessary. On the one hand, for a major player now the market is ideal, you can do what you want and you will not do anything for it. On the other hand, most of the trading platforms are not available for him for legal reasons or lack of liquidity. Market growth is also directly dependent on regulation, so I'm in favor of introducing regulation.
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I am really torn in two with the issue of regulation.
You see, cryptocurrency was designed to operate under no central authority. And that's what makes it great. Cryptocurrency being decentralized is the reason why crypto is permissionless with no one forcing you to use it nor anyone stopping you from utilizing it. With no central authority, our transactions are transparent. And yes, our choice of pseudonymity became a reality.
But should regulation takes effect, we are bound to lose the wonders of cryptocurrency as a whole. Unfortunately, it seems the only way for crypto to flourish even further is government backing of which, i believe, can only be achieved with regulation.
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Yes, you correctly argue that the regulation of cryptocurrency by states is generally a good phenomenon. Without regulation, cryptocurrency will not be able to further develop. After all, government regulation does not mean violation of the principle of cryptocurrency decentralization. This means establishing the official status of a cryptocurrency, determining the order and conditions of its circulation on the territory of a state and, as a rule, resolving the issue of taxation. Without determining the status of a cryptocurrency, its official circulation and protection of a cryptocurrency, including a judicial one, from the state is impossible.
So, you get your first karma.
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We analyze the good or bad from several views. If we view the possible impact of regulation on its development, it seems not really good. The regulation will make "decentralized" to be "centralized", it can be controlled from someone or government. It may reduce the spirit of decentralized era, and deprives crypto characteristic.
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I really agree with you, the crypto regulation makes investors and crypto holders no longer afraid of the government, because there are regulations, in my opinion a country will progress, because there are government regulations.
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The existence of regulations will make cryptocurrency more and more users. Because of the regulation, its use can be guaranteed, because it has been officially recognized by the government.
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For me regulation is very good in every projects created because once there is a big projects with be followed as a rules the members will comply and not totally abused there own rules to do there works properly assign.This is the most important in every projects launched for the safety of all assets joined in the groups.
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If the country legalize crypto , then the regulators should be involved and catch the bad actors who are are doing fraudulent activities. It can not eliminate all the scam but it can also lessen the scam happening in crypto.
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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?
I agree with you, regulations will make Crypto transparency. Govt will like to engage in it and also will be a means of our social lifestyle
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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?
I think regulations will make altcoin be centralized. So, I am not agree.
Most alts are centralized already by having CEO and them running affair of the coin so we need regulation to curb the scam looming in the technology by all these college boys that are learning programming to steal instead of adding value to the blockchain but all they do is raising ico to scam people but if ico is regulate , there will be a must company and license which must have details all bio of the team and with the the funds gotten from investors will be save as there is no hidden place for them any more.
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Regulation is important. Governments must protect their Citizens from get scammed by thief , scammer, and fraudulent ico projects. This will create a safe environment on crypto ecosystem.
The tax ? Some peoples agrre and agree. I still don't have any idea regarding this, it hasn't be implemented yet on my Country.
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I think that, after all, the regulation of the cryptocurrency will be an important step for stable and prosperous growth in the future, because then we will meet less scam companies, the price of all tokens will not change as much as it does now and cryptocurrency will begin with all the forces and opportunities that were previously forbidden to develop.
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I agree with you, regulation is indeed very necessary for the convenience and security of crypto users in each country. and crypto regulation is very much needed for future Crypto developments.
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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?
I agree with you from what you say i believe it is regulation but in a more flexible way. Indeed regulation is good but if crypto is too regulated we might also see another problem arise as crypto is decentralize in nature and if government go into the game it will not be as interesting.
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in my opinion, if a country has received crypto then it's going to help us make crypto or different transactions. it's miles more worthwhile as compared to nations which have not been able to take delivery of cryptocurrency.
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Government regulations. From the Interstate Commercial Commission after the Civil War to the Freedom of Information Act, government has issued regulations to protect and stabilize markets and businesses.
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I think regulations will be good for crypto world, because it will increase trust of people to market. When the new people start to invest, market cap will start to increase. It means big industries should consider crypto.
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It would effect the crypto market good I believe. Regulation means it is going to be under control by some authorities. Which means you are going to pay taxes too. Which means, crypto will be officially legal.
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Yes, you are right, and we know that crypto is decentralized and anonymous, regulations may will make crypto a centralized digital currency.i don't think regulation will in any way help the development of crypto now or the time come.
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Regulation is good because it protect and hold businesses, more over regulation will likely prove more important for the ICO bubbles like the dot com boom base on the nature of underlying investment.
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Regulations allow governments to keep control over a market. It'll be more stable and I don't think it's necessarily good. Market volatility allowed us to earn money in a short period of time. After the regularizations the little ones will earn much less.
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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?
I personally prefer there is regulations for crypto. Because too many scam now. Maybe It will be more stable
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In my opinion, the rules for crypto are also very good. Especially regulations on taxes. By paying taxes, we can see city parks around us, we can see the cleanliness of the city environment if we are obliged to pay taxes. And in my opinion, the regulation of paying taxes for crypto holders is a thing to do
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I think regulating crypto currency investment by the government is a good advantages for investors because by this time investors can now easily ask help to the government if theres scam project that may rise.
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Just look how many divorced scammers in the world of cryptocurrency. Now it is clearly clear that regulation is needed in this area, but this should be done deliberately,so as not to interfere with the development of the industry. For example, excessive tax burden will be a bad step.
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Depends on the contents of the regulations. If these regulations harm almost all parties and Crypto users. I don't think the regulation is good. Vice versa, if the regulation is safe and makes a big profit in Crypto, it means that regulation is good and needs to be applied for the progress of the crypto world.
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Regulation of cryptocurrencies is good because it will make cryptocurrencies to be money for example A regulated cryptocurrency exchange in Japan has partnered with two companies to enable cryptocurrency payments for their businesses. Hinomaru Limousine has started accepting payments in cryptocurrencies for its airport taxi service while Carchs Holdings allows crypto payments at its used car dealerships. https://news.bitcoin.com/car-dealership-airport-japan-accepting-cryptocurrencies/
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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?
I think regulation is bad. It will change decentralize become centralize. It is my opinion.
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In my opinion, regulating crypto currency investment by the government is a good advantage for investors because now investors can easily ask for help from the government if there are fraud projects that might rise.
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In my opinion, I will also say regulation is very necessary in the crypto industry. Its very vital in this business because it helps bring sanity and discipline in the industry. It also minimizes the occurrence.
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For the look of things regulation is very important in order to reduce fear in the cryptocurrency industry so that people we begin to adopt crypto as a legit to invest in cryptocurrency business.
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I think regulations is very bad for crypto. Cryptocurrencies must be decentralised it means currencies dont have any owner and regulator. Here is free space. People can invest buy or sell everything. I dont want regulations in here. Also if regulations will come here we will not see that kind of pumps in that space so if people can not earn good amount of money they will not invest in crypto. People coming here because they can loose or win huge amount of money in cryptocurrencies. That is the main point. Maybe you will not like it but that is the truth. So if regulations block these kind of pumps and dumps and insiders etc. Cryptocurrency space will be not like before.
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I strongly agree that there is a government regulation on cryptocurrency, it can have a positive impact on us, we can freely introduce crypto to anyone and no longer worry about investing with it.
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I think the rules in crypto are a good thing. So crypto can be controlled properly and can help stabilize the price well too. As long as the rules are not too strict so there is no impression to corner users and investors. I think it would be good if the existing regulations could help many users to trade and also invest in this crypto world.
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Certainly every regulation is created well. Especially the rules that exist in this crypto world. I believe that the existence of regulations that limit everything in Crypto can help the Crypto market towards a good and potential market in the future and can be counted on by many people. On the other hand there are people who don't like this rule, but that is normal. Because in building Crypto there must be challenges and there must be a lot of effort so that crypto can be attracted by many people.
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The rules that are created for sure are very positive goals. And we as Crypto users we have to support it and obey the rules that have been made. Certainly the rules are good for the development and progress of Crypto so that in the future it will become better and become a promising investment place in the future.
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Regulation is good in this wonderful crypto world, Regulation will reduce the level in which people are been scammed by most of these projects, I support regulation.
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Cryptocurrency should go through government regulation anyway, otherwise it will not be able to further infiltrate our lives. Regulation of cryptocurrency simultaneously means its legalization, determination of official status, order and conditions of circulation within the state. Therefore, it is necessary and inevitable.
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In my own opinion i think regulating crypto currency investment by the government is really a good help to investors because the government can help regulate or control the movement of the prices of the coins and the investors is more safer now than before.
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Regulation is good, and I don't see crypro rules as a bad thing. For me this is a welcome development because regulations will definitely limit fraud in the crypto world. There are many ICO scams and I think if ICO is regulated, we will definitely be free from fraud.
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I think this rule will burden us all as Crypto users. Certainly in this Regulation we will be limited to conducting transactions and also some other prohibitions. I think the rules that will be given in the Crypto World are not good for the freedom of the users in this Crypto World.