Quote from: ibininja on January 12, 2018, 09:48:46 AM

Quote from: exuberant112 on January 12, 2018, 01:44:46 AM

Hello all! Just a quick info post for all crypto enthusiasts and investors! China are currently trying to re write some of their regulatory laws, in order to force out the "non official" (that is not government backed) crypto farms ... And this is when combined with the Korean thing, the reason we have seen major price wobbles. But don't worry because the rest of what I learned is great news for us.

Switzerland where the currency banks all headquarter their firms; where the regulation and law for finance is the easiest to work with and most profitable - is where these companies who are getting squeezed out will be relocating too; and I have it on fairly good authority from a source who lives in Switzerland ad a guy who recently moved to China to teach English EFL students .. that the Swiss government is welcoming these operators with open arms! Not only that, the actual banks are gonna throw WHOPPING big investments towards crypto farms who move there.

So while in the long long term some will see this as conventional banks trying to "buy" crytpo, anybody who knows about the crypto scene will know this is never gonna happen - what is going to happen is that the large amount of investments and high volume trade, will cause the currently flattened prices to rebound and SKYROCKET at the time this starts to physically happen.

My advice, and what I am planning? Keep a cash store handy; then when the price is low lump some dosh into cryptos as this starts to happen and watch your profits soar. This goes for ALL the big coins, including many subforks and projects with official support such as Peculium (Google partnered!)

Anybody who is interested, I will keep posting as and when new info comes my way, and if you are interested to hear more detail feel free to quote me.

Happy trading everyone!

Any news source on this? I am interesting on reading about Swiss new regulations.

I have seen this news as well which is good for crypto world. But I am not sure whether this is legit. Does anybody have a reliable news source link to verify this?