Quote from: bitcoinuser12345 on June 14, 2019, 10:05:25 PM

Quote from: tomahawk9 on June 14, 2019, 09:29:07 PM

Anyone elese expecting shitcoins to crash by a lot? A lot of people don't even know where to hodl X or Y altcoin/token since most of them rely on Binance to be the "main" wallet for their portfolio (you can still access your coins, but you won't be able to sell, so why hodl on Binance?). I believe some people will move to another exchange, but some others will definitely dump their coins because they don't trust "shady" exchanges.

The new US-friendly Binance platform will most likely not allow the same cryptos they had before so, kinda like checkmate to shitcoins since it'll be Coinbase 2.0.

Quote from: rdbase on June 14, 2019, 02:08:04 PM

This is sort of shock to hear but not surprising I think due to bitrex doing it for 32 cryptocurrencies a little while ago
https://cointelegraph.com/news/crypto-exchange-bittrex-to-block-us-users-from-trading-in-32-cryptos

Wow! Didn't know about this...Shitcoins and worthless tokens on suicide watch Grin

What a world we live in, exchanges blocking US residents, while corporate coins (JPM coin and FB coin, both US based companies) are about to get launched Angry

But why do some coins get banned while others are permitted? Don't they all count as digital currency in the eyes of the government?

IMO some are legit projects that are permitted because, well, they are legit (according to them)...The rest that are banned are either vaporware projects, pump and dump coins, or worthless shitcoins, and they raise huge red flags to the authorities. But what's triggering those red flags? You'd have to ask the US authorities and the SEC about that.