Altcoins Talks - Cryptocurrency Forum
Learning & News => For Beginners => Basic Questions about Cryptos => Topic started by: MOProgress on December 11, 2018, 06:22:23 PM
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Many people have longed for regulation of cryptocurrency, especially ICOs, but I want to ask, will regulation really help cryptocurrency?
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Many people have longed for regulation of cryptocurrency, especially ICOs, but I want to ask, will regulation really help cryptocurrency?
Yes, in any case, government regulation should help the development of cryptocurrency. State regulation of cryptocurrency primarily means its legalization, which includes establishing the legal status of cryptocurrency, determining the order and conditions of its circulation within the state and of course, its taxation. Without such regulation, the state cannot take cryptocurrency under its protection, including in the judiciary. Only after the regulation and legalization of cryptocurrency, state and business structures will be able to officially use it and create the infrastructure for its use as a means of payment.
State regulation of cryptocurrency does not mean interference with its operating principles, but a certain tightening in the order of circulation and use is inevitable.
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Yes, it is going to help. It is what the market needs to move forward. You may also want to read a related topic I posted here https://www.altcoinstalks.com/index.php?topic=83009.0
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It probably will help, but not much. In my opinion, what kind of regulation to help the ICO? Stop the scams? Stop the bearish market? Well, so sad if we see the condition of the crypto right now, there are too much scams and failed ICO or extended ICO. There are also too much downtrend of the coins in the market. But this is the fact. hopefully, there will be a real regulation that can help crypto to increase its market value.
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Many people have longed for regulation of cryptocurrency, especially ICOs, but I want to ask, will regulation really help cryptocurrency?
Yes, I agree.. I think crypto will be more stable with regulations. I see the price of crypto is still unpredictable.
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Regulation will always bring positive and negative impacts. Regulation may limit the improvement of crypto and make people to be less interest in participating. But regulation can minimize the fraudsters, scams, and other crypto misused. I don't know which will be the focus in crypto.
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We will have to wait and see if the regulations will help increase the demand on cryptocurrency.
What is clear to me right now is that many investors prefer investing in a regulated market.
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Many people have longed for regulation of cryptocurrency, especially ICOs, but I want to ask, will regulation really help cryptocurrency?
Some will help, but mostly will ruin the idea of being in a decentralized system. Take a look on some projects who been brainwash and convert into centralized? See how their project got dumped hard. Or pump hard which is due to manipulations of tycoons and banks, how could it be good in a crypto development if the system were deemed poisoned.
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Many people have longed for regulation of cryptocurrency, especially ICOs, but I want to ask, will regulation really help cryptocurrency?
I really can't tell if it will help. But I think it's needed to kill Fake icos and scam projects. But let see how it goes
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I think that if the cryptocurrency is still adjusted, more people will trust it. Now there is little popularity to it, and this is understandable, the market is red. However, it is in the hands of large investors.
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I think that the cryptocurrency market will be able to stabilize with the help of governments and regulation, and all scam ICOs will be punished, so most likely this will be good for us, and manipulation will gradually have to disappear.
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Future will show how will regulation affect cryptocurrency, but now it's just a necessary next step, looks like there is no other way. So I think that the better question is what kind of regulation will help cryptocurrency?
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Many people have longed for regulation of cryptocurrency, especially ICOs, but I want to ask, will regulation really help cryptocurrency?
Maybe it will help in reducing problems like scams but in the long run we might also see more problems as from the start crypto is decentralize and regulations will only make it centralize.
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Due to the young age of this sector of the economy, it is impossible to assess the impact on it. But most regulators recognize that blockchain technology is of great importance for the future. However, the cryptosphere’s vulnerability to fraud, theft, hacking, and other problems must be overcome.
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Regulations can limit the increase in crypto and make people less interested in participating. But regulations can minimize fraud, fraud, and other crypto being misused. I do not know which will be focused on crypto. Regulation will always bring positive and negative impacts.
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Most regulators recognize that blockchain technology is very important for the future. However, the cryptosphere's vulnerability to fraud, theft, hacking, and other issues must be addressed. Because of the young age of this economic sector, it is not possible to assess its impact.
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I believe regulation will will help cryptocurrency, at least if for nothing, it will reduce the rate of scam ICOs and at least there will also be some level of security to investors.
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In my opinion, whatever the conditions are. Government regulation is important, because it will automatically assist in the mass adoption process
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In the long run, we may also see more problems. Since the beginning of crypto is decentralization and regulations will only make it centralized. Maybe it will help reduce problems like fraud and hacking.
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Of course I agree with this regulation can really a big helped to the cryptocurrency because some of the investors will not be a abused by using there positions in the market and all members will be followed the rules irregularly.
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Yes I agree with this regulation really helped cryptocurrency for all members specially in the market will not be tolerate there own works in terms of the value of coins in the market and should be aware everyone like investors if there is a correct regulation implemented.
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Yes. Regulation would help in no small way, especially in relation to Ico projects.
If there's regulations, many of the ICos projects won't be around as their sole aim is to scam people.
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Yes off course regulation will help cryptocurrency, I know that there may be some bad rules that will also have some negative impact on cryptocurrency but o choose regulation.
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Many people have longed for regulation of cryptocurrency, especially ICOs, but I want to ask, will regulation really help cryptocurrency?
I think that the soft regulation will really help the cryptocurrency, as the trust of users will return, and the number of Scam projects will be reduced. This will ensure a return to the bullish market.
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Regulation may limit the improvement of crypto and make people to be less interest in participating. But regulation can minimize the fraudsters, scams, and other crypto misused.
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I don't know what kind of regulation that is fit applied to ICOs. I agree with the advice to apply regulation on ICOs. The problem is what kind of regulation it is? and who will regulate or control the ICOs. These things are very crucial to answer firstly.
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First, what kind of regulation that you mean to?
Is the regulation included applying their identity to be shared in public?
Or the regulation for the punishment to be given for the scammers?
We may need such regulation, but we are not sure that it can work because mostly they are anonymous.
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Although regulations will cause some changes in the decentralized nature of the crypto space, it will bring additional value to the crypto market and boost the daily usage of cryptocurrency in the purchase of goods and services. If the regulations come from the governments, it means crypto will now be accepted in all countries and people can freely use it without any restrictions. It will also reduce the number of losses because the will be set trading price limits which will check the dumping and over pumping of a coin.
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Many people have longed for regulation of cryptocurrency, especially ICOs, but I want to ask, will regulation really help cryptocurrency?
The regulation will help stabilize the market.
It will also help in removing or stopping bad actors from manipulating the market.
With proper regulation, investors from all the world will have a safe of mind to invest in crypto anytime.
Tell me, without proper regulation how do you expect cryptos to get into the mainstream, huh?