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Author Topic: Why do we need to regulate cryptocurrency?  (Read 1838 times)

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Why do we need to regulate cryptocurrency?
« on: July 12, 2018, 03:11:27 AM »
Well, lack of regulation of cryptocurrency is one if the reasons for the instability in price for quite a good number time as inidividuals' sales preference affect the market price of a coin. Also, the lack of regulation is one of the reason for the frequent scam ICOs and project. Regulations can minimize these setbacks to a considerable level.
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Why do we need to regulate cryptocurrency?
« on: July 12, 2018, 03:11:27 AM »

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Re: Why do we need to regulate cryptocurrency?
« Reply #1 on: July 12, 2018, 06:50:22 AM »
Yes I think the need for oversight in a country to manufacture an ico project. it is very important to reduce the risk of fraud in ico project. if this continues to happen then cryptocurrency will be considered an asset that deceives everyone.
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Re: Why do we need to regulate cryptocurrency?
« Reply #2 on: July 12, 2018, 10:18:56 AM »
No economically strong state will recognize cryptocurrency without regulation, as this puts its economic regime and security at risk. And this applies not only to ICO. While capitalization of cryptocurrency is small, this is not a big threat.

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Re: Why do we need to regulate cryptocurrency?
« Reply #3 on: July 16, 2018, 06:18:16 AM »
Well, lack of regulation of cryptocurrency is one if the reasons for the instability in price for quite a good number time as inidividuals' sales preference affect the market price of a coin. Also, the lack of regulation is one of the reason for the frequent scam ICOs and project. Regulations can minimize these setbacks to a considerable level.
because there is no one to regulate these prices. price fluctuations happen all the time. lacking of regulation of cryptocurrency has a big effect the instability in price for quite a good inidividuals' sales preference affect the market price of a coin.Regulations helps in a big way.

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Re: Why do we need to regulate cryptocurrency?
« Reply #4 on: July 16, 2018, 11:53:38 AM »
Well, lack of regulation of cryptocurrency is one if the reasons for the instability in price for quite a good number time as inidividuals' sales preference affect the market price of a coin. Also, the lack of regulation is one of the reason for the frequent scam ICOs and project. Regulations can minimize these setbacks to a considerable level.
Because unregulated crypto scams a lot of people: both investors and bounty affiliates.
When the crypto is regulated, it's low possibilities for fraudelent organisations to scam crowd.
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Re: Why do we need to regulate cryptocurrency?
« Reply #5 on: July 16, 2018, 12:36:16 PM »
Regulating crypto can help reduce the scam ICO's that take place and hold people responsible for cheating others. Regulating it can also check the price and measures will be taken in order to reduce how the prices of crypto fall drastically.

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Re: Why do we need to regulate cryptocurrency?
« Reply #6 on: July 16, 2018, 01:10:02 PM »
No economically strong state will recognize cryptocurrency without regulation, as this puts its economic regime and security at risk. And this applies not only to ICO. While capitalization of cryptocurrency is small, this is not a big threat.

But cryptocurrencies' aim is to evade regulation from governments and put them in people's hands.
If regulated, it means that people are not free, as if they were without crypto, so there's no sence of regulating it by governments, to be centralised and etc.
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Re: Why do we need to regulate cryptocurrency?
« Reply #6 on: July 16, 2018, 01:10:02 PM »


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Re: Why do we need to regulate cryptocurrency?
« Reply #7 on: July 16, 2018, 01:33:42 PM »
Well, lack of regulation of cryptocurrency is one if the reasons for the instability in price for quite a good number time as inidividuals' sales preference affect the market price of a coin. Also, the lack of regulation is one of the reason for the frequent scam ICOs and project. Regulations can minimize these setbacks to a considerable level.

I agree mate, Unregulated There is many scam on ICO project. When the crypto is regulated, it's low possibilities of scam and illegal activities.
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Re: Why do we need to regulate cryptocurrency?
« Reply #8 on: July 16, 2018, 02:56:08 PM »
Well, lack of regulation of cryptocurrency is one if the reasons for the instability in price for quite a good number time as inidividuals' sales preference affect the market price of a coin. Also, the lack of regulation is one of the reason for the frequent scam ICOs and project. Regulations can minimize these setbacks to a considerable level.

Yes, I think We need to regulate crypto currency. It will keep from scam and criminal activities.

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Re: Why do we need to regulate cryptocurrency?
« Reply #9 on: July 16, 2018, 03:46:29 PM »
Well, lack of regulation of cryptocurrency is one if the reasons for the instability in price for quite a good number time as inidividuals' sales preference affect the market price of a coin. Also, the lack of regulation is one of the reason for the frequent scam ICOs and project. Regulations can minimize these setbacks to a considerable level.

If there is no regulations in crypto at all the scams will grow till a level where no investors or individuals will want to adopt crypto at all. Full of money laundering and many individuals will subsequently lose interest and confidence in crypto and downfall of crypto will follow.
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Offline DAMKAR

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Re: Why do we need to regulate cryptocurrency?
« Reply #10 on: July 16, 2018, 04:17:55 PM »
Well, lack of regulation of cryptocurrency is one if the reasons for the instability in price for quite a good number time as inidividuals' sales preference affect the market price of a coin. Also, the lack of regulation is one of the reason for the frequent scam ICOs and project. Regulations can minimize these setbacks to a considerable level.

Yes, Crypto need regulation . It reduces scam and criminal activities.

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Re: Why do we need to regulate cryptocurrency?
« Reply #11 on: July 16, 2018, 04:19:54 PM »
Regulation helps to strengthen crypto currency but it should be the means of crypto life. To published regulation it should be form in good will not just because of profit but it should be base on the majorities benefits.

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Re: Why do we need to regulate cryptocurrency?
« Reply #12 on: July 16, 2018, 04:57:47 PM »
Well, lack of regulation of cryptocurrency is one if the reasons for the instability in price for quite a good number time as inidividuals' sales preference affect the market price of a coin. Also, the lack of regulation is one of the reason for the frequent scam ICOs and project. Regulations can minimize these setbacks to a considerable level.

Yes, I think we need to regulate crypto currenncy. Unregulated , There is alot of scams and high volatile.

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Re: Why do we need to regulate cryptocurrency?
« Reply #13 on: August 25, 2018, 10:19:29 AM »
I think the regulation is needed to hold an ICO, because now the ICO is about 70% of failure and ends with SCAM.

the government's regulatory function is there to oversee the ICO process.
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Re: Why do we need to regulate cryptocurrency?
« Reply #14 on: August 25, 2018, 10:29:39 AM »
Well, lack of regulation of cryptocurrency is one if the reasons for the instability in price for quite a good number time as inidividuals' sales preference affect the market price of a coin. Also, the lack of regulation is one of the reason for the frequent scam ICOs and project. Regulations can minimize these setbacks to a considerable level.

I am not agree, If crypto currency be regulated, I think It will be centralized.

 

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