Ok so surprise surprise. Its happening. The thing everybody knew and was afraid of that would eventually happen...

straya ftw m8

I wonder how long these bureaucratic cucks will need to accomplish their goals. Probably years.

Honestly I think out politicians are just too retarded to crack down on it.

Once they see what America is doing they'll trot out their own half-arsed version.

Post yfw when it won't fucking matter what arbitrarily drawn line you reside in. Decentralize world government.

*Hai hai!~*

It seems you're right user-san! First China...
>channelnewsasia.com/news/technology/china-s-regulators-preparing-new-rules-for-digital-coin-offerings---caixin-9164126
...then today Russia and Canda...
>cointelegraph.com/news/suddenly-russia-plans-to-ban-cryptocurrency-sales-to-ordinary-people
>blog.identitymindglobal.com/ico-regulation-in-canada-winter-has-come
...I'm guessing the EU will be next. That'll make a bunch of anons upset! We'll probably be seeing more attempts to get around this by pooling money together to buy into ICOs with requirements. Of course, that'll only last until some user runs away with a lot of money or (more likely) ICO issuers catch no. Which will probably happen since people in Slacks are stupid enough to advertise open spaces in their smart contract pools/asking if there are open spaces.

This is why I've said repeatedly in the discords that we have around 2 years to make our fortunes before the gates are closed off to people like us for good! It'll all be regulated and eventually taxed somehow.

And yes, this is why we need decentralized exchanges. Particularly if they're based in foreign jurisdictions! Thankfully, investing in ZRX was a step in the right direction. We'll be getting Radar Relay and 0cean (and more!) in due time. But these are still only ERC20-compliant decentralized exchanges. What we really need are decentralized exchanges that deal with other tokens as well! This is why I'm keeping a close eye on Kyber and Bancor (assuming positive news ever comes out).

If anyone hears of another decentralized exchange in the works, let me know, 'kay?~

Are you kidding? They're sour, missing out on all this money. They're gonna pass legislature on this faster than anything ever before.

We have probably until the end of 2018.

After ICOs they burger regulation service will make eth illegal.

Anons posts above is good advice, but we probably have a few more months before worrying about it.

Not really, politicians have some kind of superpower that lets them decide pretty fucking quickly on overregulating shit that they have no idea how to tax.
>we need to protect dumb consumers thus making it impossible for them to enter ICOs
Yeah, right

Does it affect only USA and China?

God bless for that, they're too busy deciding on whether faggots and dykes should marry or not.

they won't. why the fuck would you use a centralized exchange when decentralized ones are equal to them? and when they're better... bittrex employees will be looking for new jobs

>regulating the blockchain

blocknet

and wtf , Canada is getting regulated now as well? How do I avoid all of this shit. I suppose I could just use my Dutch citizenship. (Dual)

Wahahahaha come to easter europe faggs.No regulations nobody gives a fuck

>we are decentralised, beyond the government's reach.

>The US government will control Bitcoin

Just be prepared to take advantage. It's as simple as that.

The cat's out of the bag, crypto isn't going anywhere. It might get institutionalized, but if that's the case, just get onboard with Goldman Sachs with whatever Crypt-Hedge they've got in the works, get on early, and go to the moon.

Yeah the normies will get onboard eventually, but you still got another 2-3 years before that happens.

Adapt, adapt, adapt.

Cryptocurrency is for the people. Vires in numerus.

are there any untraceable erc20 type coins out there?

No lad, everything on the Ethereum network is pseudonymous (i.e. they're tracebale just like BTC)

when i hear grandmas talking about buying bitcoin from coinbase at the store that means normies are hopping on.

normies are already getting on board.

try 2-3months

Thank you for your insights once more, based asterisk-user. I´ll check out your links and modify my five year plan to a turbomode-one.

Ask 10000 random people on the street if they've bought crypto, and I'll bet you 1ETH that you'll find maybe only one at the most, and more likely zero.

You forgot the chief rule - the unwashed masses are dumb as fuck. 65% of Americans don't even have enough money to cover a $400 emergency. Get down to the Rust Belt states and they probably don't even know how to hook up a monitor to a desktop. You start talking about crypto they won't have a clue.

Good

Monero will moon

And these people are supposed to buy in at mania phase?

Dude she will loose all her fucking money

Monero and coins like it will moon longterm im assuming

A showdown for the ages... place your W-ETH bets now, before someone regulates that shit too

This will still affect traders in other countries as supply and demand keeps prices up. If a coin becomes "illegal" its perceived value will plummet.

I just want to launch my ico by the end of the year. You think I will be good user?

...