Korea ban on anonymous crypto trading (wrongly reported in the media as a out right ban )

China ban initiated in sept 2017 finalized in dec 2017/jan 2018,

 India finance minister saying btc is not legal tenure (wrongly reported in the media as all crypto trading in India now illegal )

 Lots of countries coming out saying regulations are needed.(wrongly reported in the main stream media as world governments coming down hard on crypto)

 and other news stories such as face book banning crypto adds, hacs and uk government halting people from using credit cards to buy crypto (wrongly reported in media as all bank cards )

 But what started this little mess was our best friend who we visit every day - coin market cap-  they took south korean money off the total market cap.Billions were wiped out immediately, no one knew why until late that afternoon- by then the damage was done. Cryptos were not invincible.

Guys and girls - regulation is needed. It is what will make this industry respected. Regulation is needed for big corporations to risk billions in this market. They need rules. BTC will remain the same - a place where your money is safe from central banks.   Just be thankful the USA did not come out today in the hearings and recommend a ban on crypto -if they had this would truly have been a disaster.

See you all on the other side      hodl what you have and buy those cryptos you always wanted !!

ps: you cant play the lotto or scratch cards with credit cards, you cant place bets on any web site on earth with a credit card and some countries dont allow the buying of gold with credit cards so I am not surprised that UK government banned this. Actually I cant believe people were doing this !!