They should realize that digital currency has no boundaries, it can't just stay in a country. Even if a company is registered in US, its still possible that the rich guys who owns the token of this company are from ASIA. Or somewhere else. They should just back away from controlling crypto because after all there is no control over it which by nature its decentralized as planned.
The American government can do anything they want if an ICO falls in their jurisdiction. Yes ICOs can continue issuing tokens outside of that jurisdiction, however they are not controlling the cryptospace, they are upholding the law, their law that some of those ICO tokens are illegal securities. |
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I reckon it would be a good occasion for our portfolio's assessment and find which ICOs came into existence in the jurisdiction of the United States SEC but were not registered. They will be the low hanging fruit for the SEC to enforce fines and to take down which will certainly cause a market dump for those tokens. I speculate that the ICOs from Asia will take over the top 10 in Coinmarketcap.  Preston Byrne, an Attorney at the ASI and the Founder of Monax, spoke about whether the SEC has successfully excluded the United States from the ICO market, in an interview with CNBC Crypto Trader. He also spoke about the potential risks that can be faced by companies that registered in the US but not with SEC before conducting an ICO.
Byrne stated that the SEC has not precluded ICOs from being registered, whereas, they have just stated that ICOs have to be registered. If not this, then the ICO must be included in an exemption. This includes a private placement deal such as Simple Agreement for Future Tokens [SAFT] under regulation D. The other common exemption is regulation S wherein ICO issuers who are based abroad and have no US touch points are going through compliance to avoid having US touch points.
Byrne further spoke about the current risks faced by ICOs that raised funds in 2016 and 2017, which were registered in the USA but not with the SEC. He stated that that they can face a lot of risk. The Attorney added that an entrepreneur has a few options when faced with compliance problems like meeting with the SEC and coming with a solution.Read in full https://ambcrypto.com/sec-has-given-a-last-warning-to-the-cryptocurrency-space-says-preston-byrne/ |
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I have to say that the writer, Lionel Laurent, certainly knows how to push someone's buttons. My head was boiling as I was reading the article. He does not only make it appear that bitcoin is a ponzi scheme, but he also implies that it will be in bigger political trouble, which might argue that we should stop supporting it and its ideals. Who does he think he is?  Bitcoin was meant to make all of its investors rich, something that held particular appeal to a millennial generation hungry for a financial boost in a world of crushing student debt, income inequality and low quality jobs. It was meant to be free of Wall Street’s corruption and the US government’s meddling technocrats. It was meant to be secure, with a price that would go ever higher. For the hardcore evangelists, it would reward its acolytes when the inevitable financial apocalypse arrived. The dollar was destined for scrap.
And that we should all stop listening to fuddyduddy “experts” like Jamie Dimon, Warren Buffett and Jack Bogle. The old closed ways of investing would be usurped by the buying power of the masses.
Unsurprisingly, none of this has come to pass. The Bitcoin bubble of 2017 – mercifully short and economically contained – has enriched only insiders such as mining companies and crypto-exchanges, and the early birds and tech elites who cashed in at the right time.
For the patsies who arrived late to the party, it has been a tool of financial impoverishment. About $700 billion has been wiped from the value of digital money since January. One Korean teacher told the New York Times in August: “I thought that crypto-currencies would be the one and only breakthrough for ordinary hard-working people like us.”
Nothing on the Bitcoin label turned out to be in the bottle. As a means of payment, it is cumbersome, volatile and expensive. It has destroyed value rather than storing it. Its decentralized technology was sold to investors as being unique. It has been anything but.
Finally, if the frustrations that drove people to chuck their savings at a virtual ponzi scheme aren’t resolved, we’re only setting ourselves up for bigger political trouble down the line. Read in full https://economictimes.indiatimes.com/markets/stocks/news/jamie-dimon-and-warren-buffett-have-the-last-laugh-on-bitcoin/articleshow/66744160.cms |
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@nydiacaskey01. Curtis Blaydes is a wrestler. I reckon he will be using more of that mainly after it was shown by Stipe that Francis does not have the stamina for it.
Also, do not underestimate that Curtis Blaydes also has knockout power and that he is a rising star in heavyweight. Francis is declining.
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He has shown the same intensity as when he was young, maybe steroids? hehehe Mayweather's camp didn't know that at young age, Pacquiao used his body to make for living because we all know how poor they are. At that age, MP already doing an adult job like construction or any physical work because he have no other choice. That's become his advantage compare to other boxers that used to trained on an aircon and well maintained gym.  My eyes went big and wide when I read that. I thought the adult job you were talking about was, you know, something else hehehe. In any case, Manny is what you call simple. It is not any means stupid, however trash talking him will only go over his head. |
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This fight will be all or nothing for Francis Ngannou, I reckon. A 3rd subsequent loss will put his status in the UFC to only an ok fighter and he might never have a chance to fight for a championship again.
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@btc_angela. I was joking about Manny and steroids hehe. It was Floyd Mayweather or someone from his group that spread that rumor as strategy to get in Manny's head during the promotional run of their fight. It did not work, however.
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or maybe the dump was the reason for the delay?  they may be aware of the hype they have created and want to see the price rise. if something like that is released during a downtrend it can not change anything but if it is released during a rise or when the market is getting ready for the rise (like when it was stable at $6k+) release of it can lead to a rally... Agreed hehehe. That might also be the reason, however it appears that Bakkt's people also know that their announcement, when made today will not help pump bitcoin to $6000 They might be waiting for a more stable market condition, which might have also caused traders who are closely following Bakkt's moves to dump. |
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@monocolor. Not too bad if you have or can buy beginning at that price. However, it is very bad for the people that bought bitcoins on $20,000. They will be losing 90% of their investment.
From that position, is bitcoin a good investment?
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I reckon this is an easy win for Manny. He has shown the same intensity as when he was young, maybe steroids? hehehe
In any case, Adrien Broner is on the the decline, and this fight is more favorable for him if he wins, than for Manny if Manny wins. Floyd, even now, remains the unconquerable mountain for the Pacman.
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Might Bakkt's delay also responsible for the dump? This is very dubious timing hehehe. The whales begun dumping 1 week before Bakkt's announcement of the delay. I speculate Bakkt might have further delays than their new January target.  Given the volume of interest in Bakkt and work required to get all of the pieces in place, we will now be targeting January 24, 2019 for our launch to ensure that our participants are ready to trade on Day 1. As is often true with product launches, there are new processes, risks and mitigants to test and re-test, and in the case of crypto, a new asset class to which these resources are being applied. So it makes sense to adjust our timeline as we work with the industry toward launch.”
“Second, as we collaborate to help develop this asset class, we are taking opportunities in our start-up phase to expand our offering. We’ll share more about some of these new features in the coming weeks but as a start, I’m pleased to announce that we have insurance for bitcoin in cold storage and are in the process of securing insurance for the warm wallet within the Bakkt Warehouse architecture. We are focused on every aspect of delivering an institutional grade crypto warehouse solution and believe this is a significant step in building confidence in this asset class.Read in fullhttps://abacusjournal.com/breaking-bakkt-moves-back-bakkt-announces-delayed-launch-january-24th-2019-targeted/ |
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$1500! Apparently all the charts, TA and FA analysis don't seem to be working anymore. Bitcoin probably going down more than $1500.
When did it work for forum cave trolls like us who cannot trade and analyze the market good enough hehehe. However we can find peace to this by watching the experts making funny predictions that none of the forum cave trolls trust anymore. |
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This is not a prediction,it's a wish.  I believe that Hayes wants really cheap bitcoins,most of the crypto whales want really cheap bitcoins,because the time for a big btc price pump is kinda over(no hype amongst the noobs,no enthusiasm),hence bigger profits from short positions and BTC futures trading. Hehehe it might be. However $2000 is where bitcoin is going if the whales continue to dump. The person who certainly is wishing is Tom Lee and his $15,000 prediction. Wait for him to change and reduce it by another 40% again. |
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Maybe not in the beginning, however it will be spread out among different mining pools in the interest of the security of the project. Why would miners attack Aeon and waste their resources? In any case, what is the consensus of Aeon's leadership and voting system? |
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Khabib's father is selling the idea that Conor should fight his son in boxing during an interview with a Russian media outlet. I reckon he might be trying to get what the fans' reaction would be before proposing it to be included in one of Dana's storyboards.
It might be something the fans would love. However, a rematch in the octagon has to be first and Conor has to win it.
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@gentlemand. However, what is more conceivable in this market condition? The bagholders would answer $50,000, I reckon hehehe. The unprejudiced and fair answer would be $1500. winter is coming , brace yourselves looks like news starting to put even more pressure on the market some groups want to push the price even further down to buy? I won't be surprised if the price fell to 1.500$ or even 1000$ , but then I would buy like mad  hell I think I'd buy at 2000$ , there is no reason not to ,the market is being manipulated and the price will recover if not this year then 2019-2020 do not be fooled by the bs and HODL or buy No, winter is here. |
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I reckon when bitcoin was dumped to go under its floor of $10,000 during that time and then $5000, forum cave troll comments like this from Arthur Hayes would incline to become more believable than Tom Lee's $15,000 by the end of December. I shake my head for 2019.  Arthur Hayes, the famed chief executive at Hong Kong-based BitMEX, unexpectedly predicted that Bitcoin (BTC) didn’t bottom at $5,800, even while the crypto market’s leading analysts begged to differ.
At the time, Hayes, a former Citibank and Deutsche Bank trader/analyst, claimed that “I think we’ve haven’t seen the worst yet,” before adding that BTC was likely to test $5,000 before truly bottoming. Now, after nearly a week of tumultuous price action, which began on Wednesday morning, BTC has fallen under $5,000 for the first time in 2018.
Hayes first told Yahoo Finance that Bitcoin’s bear market could continue well into 2019, citing his five-year experience trading Bitcoin and altcoins in this nascent market. Following up on this claim, just days later, the BitMEX executive doubled-down on his opinion that crypto’s next bull run is months, if not years away.
Then touching on volatility, Hayes explained that BTC “require volatility” to eventually reclaim its position as the mainstream media’s circus freak, adding that the price fluctuations of bitcoin are the “best and most transparent way” to express the health, performance, and maturation of this industry.
So, seeing that volatility has declined (save for the past week), Hayes noted that prices “will slowly leak lower” to a prospective low of $2,000, a “sweet spot” in the eyes of the BitMEX chief and his analyst team.Read in full https://ethereumworldnews.com/arthur-hayes-5000-bitcoin-btc-prediction-comes-true/ |
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@jeremypwr, @sportsbet.io. Thank you!
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Trying my luck hehehe. Btctalk name: bbc.reporter Rank: Hero Member Current post count: 4654 bustadice Name: bbcreporter Wear appropriate signature: If accepted. Thank you. |
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I'm surprised there hasn't been more of this really.
In the UK you get gangs renting houses, filling them with weed growing and then disappearing with their haul before the police and bills arrive. Perhaps we'll get more rogue miners milking electricity companies in the future.
'Free' electricity is a huge incentive.
I reckon setting up a scam bitcoin mining farm would not be worth the risk similar to those UK gangs renting houses and leaving. The operators have to apply for business permits, pass all the legal documents, set up the mining farm and look for a cheap electricity supplier overseas. It is possible that they started legitimately. |
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