Post
Topic
Board Speculation (Altcoins)
Re: This market might split: SEC Regulated and other!
by
BitcoinHodler
on 21/06/2018, 12:39:03 UTC
Yes, you heard me right!
This market will evolve into 2 markets!
In addition, many lawsuits will evolve regarding many coins!
The SEC is a ticking timebomb that will have a devestating impact on this industry in the short term!
Opinion but I have strong convictions that it will play out this way!

i honestly don't see anything devastating about SEC though.

sadly we have proven that we can not get rid of the scams in this market on our own. we created ICOs and made them big  on our own and couldn't handle them to prevent the scams. so we need someone else from outside like SEC and in other countries their law enforcements equivalent to SEC in US to come in and clean it up for us.

the lawsuits are good. the arrests that will happen will also be good. all the regulations and the restrictions that will be put on this market are going to be good because they will eliminate or at least reduce to nearly nothing all the ICO scams and shitcoins.