Dont stay in crypto too long

[suzanne5223]

bitcoin will be centralized soon as it gets to the public, also bitcoin already reach its maximum potential but I trust in bitcoin it will go up and it will be a powerful virtual currency

Bitcoin will never be centralized and the governments have understood this before they make fud statement about Bitcoin some years ago. However, it hasn't reach its maximum potential either.
Having said that, I'm surprised the OP doesn't understand that the failure of the fiat currency was the reason why cryptocurrency was invented by Satoshi. Therefore, leaving crypto going to fiat is not sensible and I never for once see the SEC after control Bitcoin since they can only centralized exchange sites.

[maxreish]

Crypto is ruled soon by sec and goverment its not goodw

 How sure of you? What is your basis about this?
 
 

Make your cash and get out of crypto
 Pepple dont like regulated things fuck rules and regulations crypto is freedom if the goverment start fuck woth our bitcoins and crypto then its not good
 

 Governments will either beat it or join it. While others are already implementing regulations about cryptocurrency, that doesn't take away the fact that  people are still using it. We understand why governments are doing such rules about bitcoin, it's all for a good cause and preventing others to abuse the use of cryprocurrency.
 
 

We stay for using cash 
 

 Or we can both stay using btc and cash. That's my choice.

[raidarksword]

I will support crypto as much as I could and I believe that the next generations of ours will continue the adoption and by that crypto will live forever in each generations to come. The SEC issues will only a fud in my opinion and I believe XRP will got through that lawsuit so nothing to worry about. Governments cannot take down bitcoin as well.

[vishwas_22]

Hello,

Just for better or worse, it is human nature to stick to what already works. Unless the current system is massively inefficient or is a strong pain point will users start looking for alternatives.
While Crypto offers an alternative to different industries, arguably the strongest alternative it provides is an alternative to the financial industry.
Currently, it is only in less developed countries where the financial system is flawed to the extent whereby citizens have to look for alternatives.
Citizens in countries such as Venezuela face hyperinflation, making it difficult to afford necessities with each passing day. Hence despite the price volatility, Bitcoin is seen as a reliable store of value and alternative to the financial system.
It becomes essential for us to even look for other prominent factors while considering bitcoin.

Why are your thoughts I'd like to know

Thanks

[LogitechMouse]

Ok what if one day SEC will ban all bitcoin ?

They can ban exchamgers like binance to deal with btc
They can ban all the mining activity.
The kyc they force on people are all ready bad

Its dictorship faschist nazi control now !!

How can SEC ban something that is decentralized??
Some governments can ban their country in using Bitcoin and in fact some countries really did it but did they really banned their people in using it . There are so-called VPN's to hide their identity.

How can they ban Binance to deal with Bitcoin?? Any explanation with this?
Mining activity?? Some countries might too but some of the countries who has a mining field or whatever you want to call to it is already supporting Bitcoin so I don't think that this will happen.
Regarding KYC, you have a choice to either not to share your personal information or you will. Its not compulsary.

Too much shit, get a life and just support crypto instead of bashing it .

[ethereumhunter]

I will support crypto as much as I could and I believe that the next generations of ours will continue the adoption and by that crypto will live forever in each generations to come. The SEC issues will only a fud in my opinion and I believe XRP will got through that lawsuit so nothing to worry about. Governments cannot take down bitcoin as well.

If crypto still exists until the fourth generation, then they will see how big the crypto. But if crypto is not staying for a long time, they will see a new thing that will be different from the crypto. But like what you say, I also support crypto because I believe that crypto can help us fix our finances in the future, and we have a new opportunity to make money from crypto. The government will think twice to interfere with the crypto because they can not control the crypto.

[Slow death]

Crypto is ruled soon by sec and goverment its not goodw

Governments are not going to ban cryptocurrencies, they are just going to regulate this market, it was inevitable that it would happen. there is no need to panic and or worry

Bitcoin is for poor people to earn money !

This is poor people:



do you think these people will stop buying food to buy bitcoin and make Hodl? bitcoin is for people who have stable financial conditions

Ok what if one day SEC will ban all bitcoin ?

Other countries will continue to use bitcoin

[mohsing]

For getting good profit,stay in crypto too long is necessary .If we bought Eth before two years back then now we will be 15x at that time.We should not wait for its regularization.I think Governments will never regularize because its unstabilty.

[pinggoki]

Crypto is ruled soon by sec and goverment its not goodw

Make your cash and get out of crypto
Pepple dont like regulated things fuck rules and regulations crypto is freedom if the goverment start fuck woth our bitcoins and crypto then its not good


We stay for using cash  

Cryptocurrency will never bee ruled by the government or even control by the SEC or government, why? Simply because bitcoin is decentralized and the cryptocurrency is the freedom of digital currency and that's why many people are still going into this cryptocurrency because they don't want their money to be controlled by the world banks.
If cryptocurrency will be regulated in the country and the exchange of it is the controllable of the government then let's not be regulated because all of the people here wants freedom in crypto.

[Leviathan.007]

You do need to read more about the decentralization and the exact meaning of it. Decentralized crypto like bitcoin con not be controlled or be ruled by any government. Actually, that's the point of bitcoin. I saw another version of the post you sent back in 2018 and early on 2020 when some people were saying bitcoin will be controlled by the governments and this will decrease the value of each bitcoin, these negative fundamental news can distract some newbies who don't now enough about blockchain but not everyone.

[gurunanakji777]

Do you know what is decentralization? Many such things I have heard in the past and it could not affect Bitcoin to date even I  feel you did not fully understand how bitcoin works. Bitcoin's popularity is increasing. If we consider SEC will take action still I believe it will affect the bitcoin for a short time because bitcoin is a gem and it can pass any hurdle.

[Kong Hey Pakboy]

I don't know if OP really know about the concept of bitcoin and cryptocurrency because they are decentralized, which means they have no central authority that no organization and the governments can't control them. Your bitcoins can only be controlled if you are only using centralized wallets because you are not in control with your funds that they do not provide any private keys to decrypt your data.

[milani]

Crypto is ruled soon by sec and goverment its not goodw

Make your cash and get out of crypto
Pepple dont like regulated things fuck rules and regulations crypto is freedom if the goverment start fuck woth our bitcoins and crypto then its not good


We stay for using cash  

On every situation of regulation there will be always other ways to use cryptocurrency and Bitcoin. And in my opinion different SEC's statements and decisions are not forever, they change all the time - from strict to easing. Their actions are like policy, very flexible and changeable. Nowadays it may be in such a way, and the next year it may be just on the contrary.

[Mahanton]

Crypto is ruled soon by sec and goverment its not goodw

Make your cash and get out of crypto
Pepple dont like regulated things fuck rules and regulations crypto is freedom if the goverment start fuck woth our bitcoins and crypto then its not good


We stay for using cash 

Centralization is only on the platforms or services that do connect with crypto but doesnt mean that it will completely stop the adoption.
Of course we do like decentralization yet no one will able to hold up our neck on what would we gonna do into our finances if we decide
to put or convert it up to crypto.It doesnt mean that we should go out nor dont stay too long into this market.Majority is been looking
positive towards it when it comes to future matters.So you cant really convince anyone to do so.

[Wysi]

Fud spotted, I would like to ask how long have you been into crypto? Don't you think all the hurdles placed infront of bitcoin by SEC and regulators but they failed to stop Bitcoin and other crypto coins. I do understand there are shitcoins which will disappear but this doesn't apply for all the altcoins. I would suggest you to read bitcoin's history and struggle then you will understand that sec or government cannot shut down something they don't have control over.

[Altcoinsintel]

Crypto is ruled soon by sec and goverment its not goodw

Make your cash and get out of crypto
Pepple dont like regulated things fuck rules and regulations crypto is freedom if the goverment start fuck woth our bitcoins and crypto then its not good

The threat was always there. Since it started with accepting a few regulations, then more follow and more. This is the way it goes. And so many for years are trying to convince that this is required and those set of rules are needed for Bitcoin to become mainstream. Such is the way people think. Now it will be KYC. Next it will be restrictions and later it will be only allowed to hold in custodial wallets. And the same people that discuss financial freedom will be trying to convince you this is what should be done.

[hahay]

Even though the government supports crypto it does not mean bitcoin or crypto will be fully regulated, at least when the government has recognized bitcoin it is very possible for the government to make its own crypto and that does not mean it will regulate everything in crypto. As the world continues to become more digital then that is a great opportunity for bitcoin and there is no need for us to go back and support the massive use of cash, because cash now is something that will be avoided to prevent the spread of the virus. Therefore, bitcoin and other digital money will definitely be more popular in the future and that is why the government will have its own crypto.

[Hobo66]

Its all depend upon how regulations work. People like Cryptos  and you cam see investment in world of cryptos growing daily with big raise. If cryptos stays for some year it will change the world of inveating and buying. I prefer to do work on 100% secure exchanges

[tabas]

Who are to you say that? you're not different from the government and SEC who tells what people must do and what's crypto is all about. They can regulate as much as they want but the market will continue to go on and it will be a regretful decision and idea while you're out forever.

It would be highly missed for those who just stay away from the bitcoin without investing in it considering the regulations will be in place. Take a call when it happens and how it works till then not to miss the bull run as you will miss out a good profit-making opportunity. Those who continued holding it are the ones who made good gains in the end.

We will, the ones who are holding in most of the time will get the benefits of it. Bitcoin is starting to be known and those bad views about it are also changing over time.
Telling others to lose their bitcoins at this time will simply regret it once they start to see bitcoin hitting high numbers again. You can tell to sell if it's needed but completely disposing of it, that's a bad decision and advice.

[Quidat]

Who are to you say that? you're not different from the government and SEC who tells what people must do and what's crypto is all about. They can regulate as much as they want but the market will continue to go on and it will be a regretful decision and idea while you're out forever.

It would be highly missed for those who just stay away from the bitcoin without investing in it considering the regulations will be in place. Take a call when it happens and how it works till then not to miss the bull run as you will miss out a good profit-making opportunity. Those who continued holding it are the ones who made good gains in the end.

We will, the ones who are holding in most of the time will get the benefits of it. Bitcoin is starting to be known and those bad views about it are also changing over time.
Telling others to lose their bitcoins at this time will simply regret it once they start to see bitcoin hitting high numbers again. You can tell to sell if it's needed but completely disposing of it, that's a bad decision and advice.

Just let  them be and soon they would realize that they had committed the biggest mistake of their lives on missing out this good opportunity to make profits.
People wont really realize things until they had been fucked up or able to get some bad experiences with it.We are free to say up things but be sure that you
wont really be changing up those words when you do actually seeing the opposite on what you had anticipated or commented earlier. Staying up on crypto
doesnt really give chance for you to make money but we are actually talking into its usage and relevance.