Quote from: White sugar on August 07, 2017, 01:44:30 AM

Quote from: CuriousGeorge on August 07, 2017, 01:12:02 AM

Quote from: Dullmartini on August 07, 2017, 12:37:02 AM

Quote from: Savik on August 06, 2017, 11:53:23 PM

Anyone have concerns about this causing the alt coin market to crater? How much time do we have till the SEC makes their move? Also, what happens if an exchange were to shut down? Do the coins just go poof?

https://www.coindesk.com/legal-experts-warn-of-coming-crackdown-on-token-exchanges/

https://www.coindesk.com/tokens-can-be-securities-even-ico-advisors-agree-with-the-sec/

I think it's inevitable for US based exchanges. They'll have to be regulated or move out of the us and not sell to us consumers.

This will definitely spook people. Keep your coins in your wallet and not on the exchange.

But some of the people in US try to use VPN or another. There is some exchange site based in US such as polo and coinbase. But i prefer to use the canadian exchange such as kraken or russian exchange.
It will be safe in my opinion.

Russian exchange?

I hope you are not talking about btc-e

although BTC-e is usually talking about russian language, but they are not based in Russia.