Crypto 9/11 scenario

What could cause a crypto 9/11 crash

>Overprinting of tether
>World wide government bans
>World wide government tax enforcement

Anything else?

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Satoshi dumping his wallet. Literally nothing else.

Wouldn't we see world wide dumps if government bans / regulations came in?

>decentralized currency
what a meme indeed, it's not even the idea that he could do it himself but how dangerous is it to have so much power concentrated in one hand?
he could be compromised

hacking of private keys
corruption/scandal within btc devs
collapse/hack of coinbase or some major exchange.

My bet would be small dip which recovers in 12 hours.

Money would only move to other cryptos

Too much Alts

Hey newfag... check what happened when china banned it, literally the most important country to BTC, price took a hit for a month or so, then went right back to crushing ATHs and guess what... it's stilled banned in China. Literally makes no difference. Can't stop won't stop

Wow, good attempt from a /pol/tard at posting a productive thread on Veeky Forums.
Try to make comparisons to money related tragedies instead of political ones next time though. 7/10 for effort (Y)

For your thread, Tether scam would be one that pops bitcoin, but crypto won't be dead for more than a year. Too many useful projects that have value independent of bitcoin now.

Govt bans won't really affect anything significantly in the west. Hell, China bans didn't stop the Chinese from trading in SK

Tax enforcement- this will bolster crypto more with the advent of privacy tokens. Too many people will be cashing out of crypto with too few laws and clarity around what you can and cannot do. Some people will be made an example of, but it'll become like torrenting movies. Illegal, but they can't really stop you.

Isn't net neutrality repeal killing bitcoin?

A lot more people are into crypto now compared to september though.

If US gov / EU together banned it - forced exchanges to close like coinbase, bittrex, bitstamp, kraken etc. wouldn't this cause a huge crash?

I believe crypto wouldn't die, because it is big in the rest of the world and would probably recover slowly but a huge devalue would happen nonetheless.

Then again banning all crypto in general is probably not likely due to projects like ETH, RAI etc. which base on new tech development of the blockchain.

They would have to be all banned at the exact same time, one or two bans would cause a price dip, that's about it. But honestly I think ETH could potentially collapse the alt coin market. Reason behind that is most alt coins are ERC20 tokens that rely on the Eth blockchain, and ETH was written with a brand new coding language. This is extremely troubling in my opinion because all codes have flaws, especially new ones. Once a critical flaw is found, and it will be found eventually, the exploit could cause Eth to drop to zero worth taking all it's tokens with it. BTC and some other classic alt coins would survive, but there would be a pretty massive price crash

nah, Binance would still be up for example even in that situation. China banned bitcoin, but Binance is still legally based out of Shanghai. In the hypothetical that everything else closed down, Binance would dominate market share with random exchanges like Cryptopia coming up in volume (Cryptopia is based in New Zealand)

But yeah, you're right in saying crypto won't get banned. It's new technology that's being adopted (or at the very least, backed) by a LOT of industry leaders. These industry leaders have a lot of money, and with a lot of money comes a lot of sway on policy.

exchange apocalypse.
thats all i can think of

Interesting. Bump for interest

ETH literally has the blessings of the Russian government and Putin. If btc tanks, the Russians would do well to promote ETH to rise out of the ashes

This
youtu.be/UYHFrf5ci_g

nothing

What is MT GOX part 2?

there's probably not even enough liquidity to cover dumping that much btc. also he'd likely have to reveal his identity

>Coinbase identity jewing is defending us against Satoshi dumping

based

its coming in 2020 when the tulip trust is released. prepare accordingly and dyor

What about advances in quantum computing which could mean cracking private keys easy?