Quote from: spike420211 on February 13, 2020, 11:15:59 PM

Quote from: FanatMonet on February 11, 2020, 11:34:29 PM

Quote from: desticy on February 11, 2020, 11:19:59 PM

Quote from: Eternad on January 25, 2020, 11:29:28 AM

Quote from: meliodas on January 25, 2020, 10:45:21 AM

If there will be a regulation for the cryptocurrency, the prices of almost all of the cryptocurrencies will go up high because the people will see it as a good news since the government is acknowledging the value and use of the cryptocurrency. I am wishing this type of scenario for a long time for the major countries and also to the growing countries so they can rise up fast.

People believes too much in government, so if regulation happen they will thought of it as legal and they will feel safer since government backed it's rules, without them knowing that it will also adds too much tax and limits on the now existing crypto performance. But will sure get adoption more.

Bitcoin and cryptocurrencies are the ideal of freedom that we must carry into society.

But do not forget about that time (2016-2017), when, due to the practically lack of market regulation, there were a lot of fraudulent ICOs and other projects. Therefore, freedom is good, but everything should be in moderation, in order to avoid outright fraud.

From the part you are right. But I think that the problem here is not that the market is not regulated, but that people cannot distinguish a healthy project from a sick one.
In addition, the ICO market, at that time, offered great opportunities for making money, which was the key reason why people invested in ICO projects and so often came across scam projects.
If people cared only about the capabilities of the blockchain technology itself, they would not invest in promising huge payouts, not in financial pyramids, but in business businesses.

And yet, I personally think that there should still be some regulation on the part of states, otherwise we will again have the return of the times of the Wild West.
At least, all ICOs must certainly go through various procedures that confirm their integrity and legality.