Post
Topic
Board Altcoin Discussion
Re: The reason why everything is down!
by
Schirer
on 24/07/2018, 11:58:15 UTC
The reason everything is dropping. People are scared SEC & The FCC will shutdown exchanges, ICO's and anyone not following securities laws that now also apply to crypto.

SEC Warns Unregistered Cryptocurrency Exchanges Against Listing Security Tokens
http://strategiccoin.com/sec-warns-unregistered-cryptocurrency-exchanges-listing-security-tokens/

The SEC just made it clearer that securities laws apply to most cryptocurrencies and exchanges trading them >
 https://www.cnbc.com/2018/03/07/the-sec-made-it-clearer-that-securities-laws-apply-to-cryptocurrencies.html

U.S. regulator urges registration of cryptocurrency exchanges
https://www.reuters.com/article/uk-usa-sec-crypto/u-s-regulator-urges-registration-of-cryptocurrency-exchanges-idUSKCN1GJ2VI

Cryptocurrencies Plunge 23% Overnight as SEC, Tokyo Whale Trigger Mass Exodus
https://hacked.com/cryptocurrencies-plunge-23-overnight-as-sec-tokyo-whale-trigger-mass-exodus/

What are your thoughts on this matter?

This is not right to write off all the dumps to news, also your were referring only to US regulations.
Even eith all the news from all over the globe, it is not correct to describe the market.
There are market cycles and liquidity which matter more than news.