Bitcoin Forum

Chairman of the United States Commodity Futures Trading Commission (CFTC) Christopher Giancarlo:

“We owe it to this new generation to respect their interest in this new technology with a thoughtful regulatory approach.”

This amazing guy paved the way for cryptos’ future today.

Give him a recognition on twitter: https://mobile.twitter.com/giancarlocftc      HODL

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I watched the live stream. Amazing approach, way to go!

It sounds very good, but I have my doubts about everything that comes out of U.S. So far in my experience they have never worked for someone else interests. Whatever they say, I don't think is in our best interest.

This person will make the market become stable again, bitcoin to 10k $, I will give my compliments to his twitter account.

This could be the start of a mainstream bullish approach to a such complex but positive subject  :)

The market is already going green! Should've bought shed loads of coin before the meeting - would have doubled on some coins already lol! Looks like the shoots of recovery have finally begun, the upwards march will be swift and long. The time has come to not only HODL but to sell everything on ebay and buy more crypto! Coinbase will be busy now, bet everyone is going there to crash the system

Good news for crypto currency traders. I think that is the results of the recent green we see in the market. He is right, the interest of the future generation to have decentralized currency must be respected regardless of any government intervention.

Everything that is pronounced from television screens in the US has always had a special motivation, the guy is certainly nice, but for sure he is fulfilling someone's order

aaaaand... it's green!! Seriously, hope this can be the start of a more solid growth.
PS: sono italiano anch'io @mikfresh!  :D

Suberg stated there will be a push for an 'international regulatory effort on crypto', to try and crack down on fraud. This topic will likely continue in the March G20 summit. Crypto is the future.

https://cointelegraph.com/news/us-sec-cftc-cryptocurrency-meeting-continues-existing-regulatory-narrative https://www.ft.com/content/0f5b68d8-02b3-11e8-9650-9c0ad2d7c5b5

Well he is our hero right now because of that announcement it is now showing green, but we don't know how long we are still a long way it's like we are starting all over again but with a fresh start, some good news coming again and Bitcoin is going to be on the right track again

Respect!

He is a great man,good approach to cryptocurrencies i agree cryptocurrency's technology which is blockchain shouldnt be regulated,stock exchanges doesnt have these regulations!why would crypto have?maybe because it is a threat to the bank's fiat system!stop the regulations countries needs to revolutionize the payment system.

This is a great news. Gradually the news background changes from negative to positive. The general situation around crypto is improving and this will eventually cause a good and stable growth of the market. Hopefully it remains to wait a little.

after weeks of well coordinated FUD campaigns, we finnaly got some really good news about crypto. The will not try to destroy it, they will simply regulate it. This is good news, as governments often ban things they dont understand. Now we can observe what comes next from China.

So you think it's finish ? They only begin.. 

- Europe want to ban crypto : https://www.express.co.uk/finance/city/907121/bitcoin-Cryptocurrency-price-risk-bans-Emmanuel-Macron-Angela-Merkel-France-Germany

- Every banks also wants to ban it : https://www.coinspeaker.com/2018/02/05/top-banks-ban-buying-bitcoin-credit-cards-debt-fears/

Its great to see someone stepping up and taking a common sense approach. Japan has regulated cryptos and they have not seen a total collapse of their economy. If its regulated effectively it just means that protections are put in place so that mom and pop investors dont get their hands burned by people who prey on easy and new targets. While the majority of crypto has a very individualistic nature, as in you need to look out for yourself, making it a asset class for the masses will allow them to join. This brings in all their money which rises the tide of crypto. It also means that the government will be able to get their share of tax which makes them happy and the roads and schools paid for. I am genuinely surprised that more countries have not attempted to take a positive stance, and baffled by countries attempting to ban.

The guy has become an internet hero over the course of a few hours haha. Cant wait to see if his great speech will actually give us a true recovery, if so he will be in my heart forever. With the newly found positive media, i wouldn't be surprised to see the media turning on their heels with new articles such as "How S. Korea is still open for cryptocurrencies" etc etc

great positive stance from America. I hope to see crypto market goes back to where it was.

This news are like a breath of the fresh air among all this FUD, america was always goodin implementation of financial technologies (you can take BTC futures as an example). Unfortunately I am sure that most of the medias will totaly ignore this news. They are more likely to post something like "Governments of another shithole countries are going to ban bitcoin" then something valuable. It will be good if then banks and services will start accepting cryptocurrencies but tbh they are not willing to move on this direction.

I was so surprised to read all the overwhelmingly positive comments they made as I was kinda just expecting more bad news. Hopefully this will help influence other countries to do the same.

At present, there is little positive information on this, and it reinforces the belief of everyone as well as investors about the bright future of Bitcoin as well as the cryptocurrencies. I hope the positive information about cryptocurrencies from Christopher Giancarlo will help the market recover and increase rapidly in the next week.

TBH I didn't expected so positive news from U.S. They make the market stable after China's ban.

Let's hope many others will follow them!

 - The Express is pretty much a sensationalist tabloid-style paper, I wouldn't trust it as a primary news source (i.e if it's the only one running a story.)

 - This is aimed at investors who are using money they don't have to buy bitcoin. It's not shocking to me that the issuers of the credit cards want to minimize their risks. That's not a strike against bitcoin and crypto, per se. That's just them covering their asses against risky credit card spending behaviour.

I do agree that iit's not over, in that there will still be plenty of FUD being spread in other countries,  but today's SEC hearing is cause for some cautious optimism at the very least.

I think sometimes that they are playing with us with these news. After bad news and market drop could this good news pull market up.
Is that simple? Riding waves and relaxing 8)

Its all rollercoster till the tether audit gets finally done :/

 Who knows, maybe it is! In any case, after the bad news, there will always come good, according to the probability theory

Sounds very good, This guy will make the market become stable again, I think it is a result of the recent green we see on the market. the interests of future generations to have a decentralized currency should be respected regardless of any government intervention. I will give my compliment to his twitter account.

That is great news. At least the market will cool down now. And thinking long term regulations will have to take place soon or later.

i watched him speak great man

i watched him speak great man respect!

What do you mean on this? Do you try to say that someone from us always think about theirselves only?

Well, at least we can be bit smile with this and it might be affecting the market become green again.

Rest assured).
In smart books on investment and trading write about it. For large players, news is needed so that the price moves in the right direction.
In this case, let's hope that this is the beginning of a flow of good news, as whales have bought and want to the moon.

This is really great news! I hope that this will continue in the coming days! Hoping to see greener pasture instead of bloodbaths which has given me a lot of stress lately.

It may not be in our best interest, however its better than more FUD! And it may help the market and result in other nations following suit!

Wow, sometimes I feel like I spent the day living under a rock. I didn't even check Cointelegraph all day or I am sure I would have caught this. Thanks for bringing this to our attention. I am going to read about this for a few as this seems like it may be a massive jump in the right direction for the US and everyone involved in crypto.

I hope we can start participating in some ICOs soon!

Good news for all cryptocurrency world. I hope this news will stimulate other countries follow the example of US.

Thanks 99th, hope it was a useful thread.
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