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em777

jr. member

Activity: 574

Merit: 1

when you are fed up transfer your crypto to me

Quote from: RyCriptoC on December 04, 2018, 01:01:33 AM

Quote from: ibininja on December 03, 2018, 11:44:41 PM

Quote from: ning_aric on December 03, 2018, 04:32:20 AM

With SEC rules coming down on CryptoCurrency and everyone involved, it’s important for everyone to Verify Residency. Also, it’s to protect traders on the exchange.

It is not only about SEC is also about the central banks and the governing policies of the country; take AML for example; that is to do with crime and finance. It is a whole regulatory organization building up now and not only limited to SEC.

Right. And I think it's positive for crypto in future. It will help in keeping crypto clean and not like what we think it is. I mean crypto used by mafia mostly.

blockchain and cryptocurrency is certainly a very interesting technology that will transform our society in ways we can not probably imagine i just hope SEC doesn't make that difficult

Sozialtourist

full member

Activity: 686

Merit: 101

Quote from: Zombie259 on December 04, 2018, 02:23:34 PM

Quote from: Cnote112 on December 04, 2018, 01:23:30 PM

Quote from: em777 on December 03, 2018, 03:50:14 PM

Quote from: ning_aric on December 03, 2018, 04:32:20 AM

With SEC rules coming down on CryptoCurrency and everyone involved, it’s important for everyone to Verify Residency. Also, it’s to protect traders on the exchange.

yeah, 2019 is gonna be crazy because SEC are trying to bring in some kind of regulations so that institutional investors can safely invest in cryptocurrency

They should restructure the blockchain industry for the better please and help reduce the scam rate in this space.

I don't see regulation so negatively. It protects investors against fraud. There are so many Scam projects, that harm the entire crypto industry.

That's a good point. I'd rather have a more regulated market than projects that are only created to steal money from people. This way it's also easier to convince new people to enter the crypto market because they don't have to fear being scammed this much.

faulerwilli

full member

Activity: 994

Merit: 140

Quote from: cryptossi on December 04, 2018, 11:48:03 AM

Quote from: Nathan01 on December 04, 2018, 02:37:18 AM

Quote from: Pricebrianer on December 03, 2018, 04:53:36 AM

Quote from: ning_aric on December 03, 2018, 04:32:20 AM

With SEC rules coming down on CryptoCurrency and everyone involved, it’s important for everyone to Verify Residency. Also, it’s to protect traders on the exchange.

Well, like they say, SEC don’t make the rules they try to enforce it and when they start working on a new economy they don’t relent. Crypto won’t be exempted.
But it’s easy, SEC is only for US citizens and consumers with indica of US person status. When we KYCe, we got no problems with these rules.

It's looking like it's for the US but man look closely, this enforcements, this clampdown is affecting the whole world economy on crypto
Why this may sound or look good, this defeats the purpose of anonymity the crypto world enjoys

SEC represents US investors and businesses but it also applies to global markets. The US is arguably the most powerful country in the world, so if their Government makes a decision on how they want to tax or regulate crypto then the rest of the world normally follows in their footsteps.

you are probably right. but it may also be that China has different goals. And as far as the world of cryptocurrencies is concerned, China is miles ahead of the US. The SEC may not have as much to say as they would like

Zombie259

member

Activity: 420

Merit: 11

Quote from: Cnote112 on December 04, 2018, 01:23:30 PM

Quote from: em777 on December 03, 2018, 03:50:14 PM

Quote from: ning_aric on December 03, 2018, 04:32:20 AM

With SEC rules coming down on CryptoCurrency and everyone involved, it’s important for everyone to Verify Residency. Also, it’s to protect traders on the exchange.

yeah, 2019 is gonna be crazy because SEC are trying to bring in some kind of regulations so that institutional investors can safely invest in cryptocurrency

They should restructure the blockchain industry for the better please and help reduce the scam rate in this space.

I don't see regulation so negatively. It protects investors against fraud. There are so many Scam projects, that harm the entire crypto industry.

Cnote112

copper member

Activity: 224

Merit: 1

Quote from: em777 on December 03, 2018, 03:50:14 PM

Quote from: ning_aric on December 03, 2018, 04:32:20 AM

With SEC rules coming down on CryptoCurrency and everyone involved, it’s important for everyone to Verify Residency. Also, it’s to protect traders on the exchange.

yeah, 2019 is gonna be crazy because SEC are trying to bring in some kind of regulations so that institutional investors can safely invest in cryptocurrency

They should restructure the blockchain industry for the better please and help reduce the scam rate in this space.

cryptossi

full member

Activity: 504

Merit: 106

★Bitvest.io★ Play Plinko or Invest!

Quote from: Nathan01 on December 04, 2018, 02:37:18 AM

Quote from: Pricebrianer on December 03, 2018, 04:53:36 AM

Quote from: ning_aric on December 03, 2018, 04:32:20 AM

With SEC rules coming down on CryptoCurrency and everyone involved, it’s important for everyone to Verify Residency. Also, it’s to protect traders on the exchange.

Well, like they say, SEC don’t make the rules they try to enforce it and when they start working on a new economy they don’t relent. Crypto won’t be exempted.
But it’s easy, SEC is only for US citizens and consumers with indica of US person status. When we KYCe, we got no problems with these rules.

It's looking like it's for the US but man look closely, this enforcements, this clampdown is affecting the whole world economy on crypto
Why this may sound or look good, this defeats the purpose of anonymity the crypto world enjoys

SEC represents US investors and businesses but it also applies to global markets. The US is arguably the most powerful country in the world, so if their Government makes a decision on how they want to tax or regulate crypto then the rest of the world normally follows in their footsteps.

gee777

member

Activity: 728

Merit: 10

Quote from: chan001 on December 04, 2018, 09:50:00 AM

Quote from: CrypticBabe on December 04, 2018, 09:21:48 AM

Quote from: RyCriptoC on December 02, 2018, 06:42:54 AM

Quote from: Cnote112 on December 02, 2018, 05:56:13 AM

Quote from: AngelJoshua on December 01, 2018, 08:27:18 PM

Quote from: gee777 on December 01, 2018, 04:15:22 AM

Quote from: Cnote112 on November 30, 2018, 07:49:45 PM

Quote from: Kinkadeinspired on November 30, 2018, 03:47:08 PM

Quote from: Sozialtourist on November 29, 2018, 05:34:00 PM

Quote from: faulerwilli on November 29, 2018, 05:06:27 PM

Quote from: Nathan01 on November 29, 2018, 11:22:22 AM

I think the market is beginning to bounce back once again, eth coming back up bit by bit
Maybe December is really looking like a good month already, but then BTMX ain't trading?

I have the feeling that the last two days were just a short-term increase. In my opinion, it will once again go really far down before the market starts again. But for safety's sake I already buy a few ETH today if I'm wrong. And if I'm right, then I'll buy more :-)

Yeah, I wouldn't be too sure that the market has made a turnaround and is now rising again for longer. But yeah, we will see. I am just not soo optimistic.

I don't think that the market has made a total turn around either. I see this as the expected market fluctuation before the market finally corrects. In all, we have to wait for a couple more days before celebrating.

Celebrate wouldn't be the word that comes to mind should the market starts to turn around. When eth gets to $500 and above that's when celebration comes to mind.

Nobody is actually looking for a new all Time high right now. Everybody is looking for a minimal rise that's all. If eth gets to 400 to 700 I would be very happy.

Yeah, Even me I'm not hoping for another bull run this year, Just a good increase of Eth atleast more than $200 will be fine for me before the year end.

I never said I wouldn’t be glad if Eth gets to $200 and above. Just that I wouldn’t pop out my party cap just yet Wink

.

I don't think there is any chance that ETH will go above 200 this year. And I don't think market will recover soon, now let's see what's left in 2019.

With so many good things coming for Bitcoin such as Bakkt and Nasdaq bitcoin should show a bull move by beginning of 2019 soon. We just have to wait for the right time and hold our Asset tight!

Hmm, But SEC ghost is ruling for now. We have to wait and see how they are going control the things here. I don't think the rules will be hard but for now we can only guess.

I guess regulations is going to come into cryptocurrency. There is no choice here as the government are doing everything possible to take over and oversee the crypto space.

chan001

jr. member

Activity: 280