The hole crypto market is entering a dificult fase,New York regulation as they want to controle the crypto market has many bad things proposed,there are people willing to close there miningpool and what not,all this fear will drag the price down off all coins and i'm sure when the regulation starts the bad news for the crypto eco system will start and people convert to fiat again,i believe this will be also the abbused reason to drag the prices down even further to the lowest we have ever seen after November 2013.
Crypto will take a big hit but will survive as always,i say get your fiat ready and buy BTC low in a few months from now,sell anything in your house you can live without and safe the money for the biggest drop we have ever seen!
Thing is crypto was invented to take on people like BL and the system he represents.
Do you really believe one state in one country(a dying country) will have such a devastating effect on crypto?
I'm ready and waiting to catch the knife if bitcoin goes bellow $300.
Anyway Dark solves the problem. It will be worked around, just like most regulations.
I clearly stated it will also be the"abbused"reason to drag the prices down,i dont give a fuck if they do because we all know this is the perfect time to manipulate the market
,i will keep buying the cheap coins,it's all just a fase and when the butthurt is gone after this event and people can think clearly again they will just comply to the regulation or go find a legal workaround.
The only bad thing i realy see is that there is a lag of universal direction of the crypto market from industrie leaders,they have more power and should work together to find regulation that does not hurt inovation but also have some sort of control for the goverment that they seem is enough for them and say ok,this and that regulation is enough for us,now go and lets see what inovations in crypto can do for us!
I realy hate goverments but i am realistic that also some control is needed to make everyday life possible,i just hate too much of control and spending money in the wrong things that will not help the people,the world is a sick world that can not be cured anymore...
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