I'm afraid that now China, and after some other State, will begin to regulate cryptovalues. Obviously they will not do anything for the benefit of the people but all for the benefit of them, the State. They now have no control over anything ... surely there will be some state that will hurt and some State less but with taxes on taxes ... they will certainly not make crypto life easy. I just hope they let breathe the market for other few month before start tilting at windmills... which might lead to breaking legs to speculation or anyway the growth as we know it today.
The correction in price is overdue now. China and regulation is only the trigger. There will be more.
Prices of cryptos can fall by 80% in the next year or so, but it is just a natural cycle.It has happened before.
Aminorex / Rangedriver any thoughts on this chat?
Idiotic talk, we haven't even hit bubble stage if you check a chart in log scale. Wall Street money is coming, an etf will happen in 6 months... anyone who doesn't want to be watched will move to XMR
Certainly who owns Chinese projects coins like "NEO" will not be excited lately. Then I did not say that it will be the end of the world, surely I think it is an unexplored market, and I think all the hypotheses that we make will be exact or wrong only when they will happen. For the rest, I think the Monero have more gear than others. But no one can be certain that the benefit of anonymity is not a disadvantage in the future. As far as the current one, it is to be said that the cryptos are currently playing alone ... without legislation it is easy to climb suddenly. I hope that the ETFs will arrive at once and hope that important countries will begin to regulate the cryptovalutes with intelligence without getting hurt.
So...tenas monero
...and the only certainty so far is that Tether in dumps and pumps will always be at $ 1
