Quote from: BitcoinPanther on November 17, 2022, 08:42:14 PM

Quote from: Minecache on November 17, 2022, 01:43:18 PM

Quote from: BitcoinPanther on November 16, 2022, 11:20:25 PM

Quote from: YellowSwap on November 11, 2022, 12:58:45 PM

The majority of crypto collapse always comes from the centralisation part and of cos the human greed, what do you think is the proper solution for these? To avoid hurting crypto investors and how to guarantee that their funds is safe with any platform, either Staking, Lending or Trading.

What is the way forward? What solution do you think will be effective?

I believe regulation. Since most of altcoins are centralized blockchain since dev have full control of the system, I think it won't hurt if government step in. It is good to see projects that are asking for money to have permission and proper approval from the government. This way greedy and wicked developer will be filter.

At the current condition, I believe not patronizing their project is the best and effective way to deal with these greedy dev.

It's a solution but it's not quite as beneficial as you think. Regulations will eliminate scam projects or scammers will be punished and investors will be protected but we will no longer be free, they will control us all the time and we will no longer be able to see the hype of the market. Once there is regulation, I believe the market will become more stable and harder to make profit. If you are looking for a regulated market then securities are what you are looking for, don't bring any regulation to crypto.

Government regulation doesn't meddle with market movement unless they find it suspicious. It is also good to protect people from buying maliciously hyped projects. I don't think having the government regulate the cryptocurrency project crowdfunding will hinder our freedom. we are still free to chose what project we support. Besides it is always better to have a stable market than the unstable one. At least we are sure that we are able to sell our tokens if the need for extra money arise.

The government will control us like they control the stock market and forex, they control everything from fundraising to your pocket. The market will definitely become more stable once regulations are in place and that's something that many people don't want that to happen. If you want high returns then you have to accept high risks.

If you don't want to be scammed, just stop being greedy and avoid hype projects, you will definitely never be scammed. Invest only in bitcoin and store it in a non-custodial wallet.

You should not blame the developers, they are just like us, they are here to make a profit. When you buy tokens, your aim is also to wait for a high price to sell for profit, you don't intend to invest long term or support the project to the end and the developers are no different than us, they also don't want us to dump the garbage on them. The market is a battlefield, if you are not brave enough you will become food for them and vice versa. We shouldn't be blamed when we lose, and if we can't win in this market, find another market that is more suitable.