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US regulators charge three bitcoin operators with fraud (following BTC value tumble)
01-19-2018, 01:48 PM
Come on, Burner, you know better than that.
The article has no actual info, just a bunch of quotes from a rando who runs a fucking INSURANCE company, not even a financial company?
This isn't Reddit.
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US regulators charge three bitcoin operators with fraud (following BTC value tumble)
01-19-2018, 01:56 PM
And your article isn't much better, to be honest.
The SEC has been doing enforcement related to cryptocurrency for at least 2-3 years now. These actions take serious time to put together, and the odds it has ANYTHING to do with BTC's price downturn are basically nil. They've always held that fraud using cryptos is the same as regular fraud, and they've prosecuted plenty of people for it. This isn't news.
I have to read enough of this nonsense everywhere else, don't particularly need it here.
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US regulators charge three bitcoin operators with fraud (following BTC value tumble)
01-19-2018, 03:04 PM
Remember that regulation means legitimacy. If anything it's a driver to move the price upwards, not the other way around.
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US regulators charge three bitcoin operators with fraud (following BTC value tumble)
01-19-2018, 05:26 PM
Regulation - good
Ban on Bitcoin - impossible
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US regulators charge three bitcoin operators with fraud (following BTC value tumble)
01-19-2018, 08:19 PM
a ban on crypto is practically uninforceable. They will push regulations and in the short term the price will take a hit just like the China/Korea FUD. The SEC thing is actually non-news.
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US regulators charge three bitcoin operators with fraud (following BTC value tumble)
01-19-2018, 09:32 PM
Although I'm not suggesting that a ban on crypto is in the wings, if it occurs then it won't be done in order to utterly destroy bitcoin etc.
It will work the same way as banning guns. You might keep them in secret but it forces you to keep your head down and shut up about it, thus removing you from a strata of political advocacy.
Like most police states, it will form part of a net that in theory catches everyone of interest, so they can pluck you whenever they like because virtually everyone is technically a criminal.
The public will judge a man by what he lifts, but those close to him will judge him by what he carries.
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US regulators charge three bitcoin operators with fraud (following BTC value tumble)
01-20-2018, 10:34 AM
Lotta new faces in this section of the forum.
Welcome guys.
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US regulators charge three bitcoin operators with fraud (following BTC value tumble)
01-20-2018, 06:51 PM
I don't think (((they))) could ban bitcoin outright. But they could kill it as a transactional currency by taking down websites involved with or using it. Much like what happened with a few alt-right websites.
That said, BTCs utility as a transactional currency is pretty much nill anyways given the extortionate mining fees.
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US regulators charge three bitcoin operators with fraud (following BTC value tumble)
02-16-2018, 04:22 AM
This is a shit article, no names, dates etc..... Click Bait is what they call it
"I got no game it's just some bitches understand my story." Nas