Quote from: fibrolit on May 05, 2019, 06:24:51 PM

I repeat for a long time that until there is a state regulation of ICO, people will continue to lose money. Some people learn,but newcomers constantly come to the market, especially if the rapid growth of bitcoin and other cryptocurrencies follows.

Regulations for the most part are going to be useless, icos make it seem as if they are willing to comply when they force their investors and bounty hunters to go through KYC because that is something that benefits them since they can deny payments to those that do not pass that or they can obtain that information and then they can sell it for a profit, but when regulations that really affects them are passed they are going to ignore it.

And it is not difficult to see how this can happen, a person can create an ico project from the comfort of his own home without having to go through any kind of official channel and as long as that is the case then regulations are not going to be effective against icos.