You plebs getting happy and buying the DIP when .S. securities regulator tell lawmakers he's 'open' to federal regulation for virtual currencies - testimony.
Are you fucking retarded ? This is not positive news.
Regulation = NEGATIVE NEWS
When this sinks in tomorrow you will be left with your bags.
>Regulation = NEGATIVE NEWS
Fucking cocksucking retard everyone knew regulation will come you imbecile.
>preventing pic related
>bad for crypto
it also prevents the use case of 95% of all coins
no voting
no dividends
no betting
all you have left is literal bitcoin, ethereum and all their shitty ass forks
regulations are good longterm, but bad short term
tether is fucked, exchanges will have to stop abusing bots and ignoring pumps and dumps, tax evaders and money launderers will cash out
a lot of stuff that brought market to ath in 2017 wouldn't happen again
fucking enjoy your bags.
and basically making bitcoin CENTRALIZED?
now BTC is literally all speculation.
Did they ever find this guy?
lol OP doesn't know the 1996 telecommunications act and regulations lead to the dot com bubble
you're about to witness the greatest bullrun of all time in March
>ITT people still think cryptocurrency can be regulated
are you fucking stupid ?
if btc gets regulated this fuckercoin and all altcoins cant moon like it used to.
Did you even read the SEC testimony? They are not regulating the usage of cryptos, they are regulating toxic pajeet ICOs, bitconnect ponzi schemes and exit scam exchanges.
I've seen this posted before, who is this guy?
Why do you stop here.
>we will not see 1000% profits in a year again
>you'll end up in federal prison if you make a trade on info you got before PR
>pay tax on everytrade
>declare all your crypto holdings
>end up in prison if you use Monero they will say (muh terrorism, muh CP, muh money laudering) or any asset that has a non-public blockchain.
very wrong
Regulation is the best news EVER. For privacy coins, that is.
Monero is about to skyrocket with this news plus tax season.
everytime i think i've acclimated to how fucking stupid biztards are, im shocked once again
yeah, regulation is good, prevents whales fromfucking with shit. normies will feel more secure to invest. you're shitty at FUD OP
If you regulate it you won't be able to get the kind of volatility that allows 20 year old students to become millionaires overnight. It will become just like the stock market.
See you in jail my friend.
I'm moving from Monero to other less known privacy coins
yeah that's just the beginning.
Wew lad, how leveraged is your short? That's some pretty heavy fud lad
regulation means xrp moons ez
tell me your fucktard? why did you invest in crypto ?
TO FUCKING MAKE MONEY FAST.
if you want to fucking feel secure go to the stocksmarket.
This, and it'll bring more competition.
Institutional might make you moon once, but once they are in, they will make the market do whatever pleases them and with High Frequency Trading you kiss your casual trading good bye, you don't even stand a chance.
Can't wait for a time when a 5-10% fluctuation is seen as a major crash like with stocks.
you guys realize crypto exists outside of US jurisdiction and decentralized exchanges will be impossible to regulate, right?
FFS THIS IS THE THIRD THREAD I AM SAYING THIS:
THE SENATE HEARING WILL HAVE NO POSITIVE EFFECT ON THE PRICE.
PRICED IN YOU STUPID PRICKS
>PRICED IN
I tethered at 10k. im just getting annoyed by the 100 celebration posts of the "good" news.
Nice argument, I agree with you
>how you can tell when someone has been in crypto for less than 2 months
>see you in jail
What are they gonna do, read the anonymized ledger?
>you hold it
>you don't declare how much you have for tax
>you didn't provide view key
Regulation is a good thing you abject mongoloid.
>You are thrown in jail
It actually is. Sort of like spoiling your child, you give things easy to people and they grow complacent and relaxed.
We need confidos so we stay vigilant.
Yeah and you realize they can monitor any and all activity related to crypto and will put in place laws that can get you arrested if you work outside of that jurisdiction
>end up in prison if you use Monero they will say
fucking retard
>They're not regulating cryptos
>They're regulating cryptos
How can you be so fucking dense.
>your ass is turned into a bloody inside out sock look-a-like
And that leads to massification of markets and blind trust which makes 100x missions impossible.
Risk vs reward is not a meme, it's a real economic principle. Reduce the risk, reduce the rewards.
I have only 2 questions for you, OP:
1. Are you 12?
2. Are you medically stupid?
If you somehow managed to get scammed by people like these you shouldn't be asking for government regulation, you should be asking for a vasectomy.
>implying I didn't just mine all of it
>if you consume more energy than a regular relative household to yours you'll get inspections now and then to check if you don't have a non-declared mining operation
The real retard is the OP here. Does it hurt knowing that you're going to be tracked and as responsible for crypto as any other financial asset? Did you really think you could get away with trying to hide money, gamble, buy drugs and child porn with zero consequences?
These are the people seething and freaking out about regulation, the people that do not belong in crypto in the fist place. Let's list it again so everyone can see. The only people who have anything to lose are as follows.
>Scammers
>Tax evaders and those seeking to commit fraud
>Drug addicts and drug sellers
>Those engaged in consuming and producing content that exploits children
Take your "muh privacy" and other bullshit arguments elsewhere. The only place you human trash should be welcome is at the wrong side of a firing squad.
salty nocoiner detected
I have coins and i'm still up over 200 times initial investment even in this blood bath. Everything I bought has to do with markets and cutting out middlemen from those institutions.
I didn't put anything into bitcoin or into any of the pump and dump scams and ponzis you push here all day.
>no voting
>no dividends
>no betting
Great! No more scams.
>dividends
They are sweet though. If that's how a coin wants to manage itself fine. SEC needs to apply new rules to crypto and not treat this as stocks.
You will make money if you invest now, before all the normies comeback to the regulated market.
They're regulating crypto, not energy consumption, pal.
Cliffs: We are entering a new digital era in world financial markets. As we saw with the development of the Internet, we cannot put the technology genie back in the bottle. Virtual currencies mark a paradigm shift in how we think about payments, traditional financial processes, and engaging in economic activity. Ignoring these developments will not make them go away, nor is it a responsible regulatory response. The evolution of these assets, their volatility, and the interest they attract from a rising global millennial population demand serious examination. With the proper balance of sound policy, regulatory oversight and private sector innovation, new technologies will allow American markets to evolve in responsible ways and continue to grow our economy and increase prosperity. This hearing is an important part of finding that balance.
Regulation is tool to collect taxes.
Let's see dem wallet balances and blockfolio growth chart. Timestamp please.
>He thinks putting an app on his phone that calls home with your info all day long is smart
>He thinks posting balances on a hive of scum means anything
Get this fucking goy
>regulation = bad
holy fuck ancaps are so retarded lmfao
>Theorem 1: pics or it didn't happen
>no pics
>therefore it didn't happen
fake and gay. probably a salty nocoiner gamer mad that his mario cards found a real use.