Topic: More trouble for crypto? - page 2. (Read 295 times)
I believe that the future of cryptocurrency is bright, but the journey will be difficult. We may expect more regulation, frauds, and hacks, as well as improved creativity, acceptance, and use cases for cryptocurrency. The technology is still in its early stages, and we are only scratching the surface of what is conceivable. CBDCs, NFTs, and DeFi are among the exciting technologies that will emerge in the next years. We'll also see more everyday life use cases, like as money transfers, payments, and supplies, as Decentralized finance gains recognition, making it simpler to handle your own finances without relying on a traditional bank.
As long as you're investing on altcoins you have to unde that this people cannot evade government regulations because they are centralized themselves, know this risk associated before it's too late, though it's not a call for fear of uncertainty demand but care needed to be in place, we must not wait and watch till our asset get down along with the inventor of these cryptos and centralized exchanges before we take a step.
There's no need to worry, let them settle their cases and face it. We have nothing to do with them and the market will continue to thrive with or without them. Those whoever is caught to be doing fraud and market manipulations, let them take what they deserve.
The best plan is to be careful with anything related to exchanges and centralized platforms for us to be safe with our funds, never leave any coins to them because when things like this happened to them, it will escalate quickly to the point that you can no longer react and they'll just disable the withdrawals. The market with these issues are going to stay good and there could be some dumps but they're temporary but in the long haul, it will remain better.
The best plan is to be careful with anything related to exchanges and centralized platforms for us to be safe with our funds, never leave any coins to them because when things like this happened to them, it will escalate quickly to the point that you can no longer react and they'll just disable the withdrawals. The market with these issues are going to stay good and there could be some dumps but they're temporary but in the long haul, it will remain better.
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I don't think it's scary and let it be investigated by the SEC and if it's true that Justin committed fraud, we'll just have to wait for the results of the investigation. Maybe the market will fluctuate again like before and I haven't imagined the worst scenario that could happen later. Maybe it will make the crypto market experience another correction or nothing will happen. Or maybe later, there will be another case similar to FTX. And I think later, there will be a lot of speculation related to that news. We'll just wait and see.
Coinbase and Tron developer sir Justin Sun are now the next target of the SEC, this morning I read on Twitter that SEC is going to arrest Justin for market manipulations and Selling Securities, there is also some cases about Fraud, this is going go be tough, what do you think will unfold from this? Scary or Nah???
Nah, Justin Sun is one of the cancer in crypto. He is known for hyping the market and draining the money of his project investor for his self interest. He surely commit fraud for being connected with Tether unli print machine. Their fall is necessary to make crypto market more organic.
Tron and USDT are a ticking time bomb that slowing down crypto growth due to the uncertainty that given by these project. Many project are exposed on these shady so I’m sure that many will be affected like when FTX and LUNA downfall.
I think if that's the scenario, then Justin Sun should be arrested, maybe there are some people here who do the same but in small quantities and haven't been caught yet, I hope such fud doesn't have a bad effect on the market, although it's very unlikely.
Scary if you're still leaving your coins on Binance/Huobi etc.
Probably also scary if you're leaving your precious coins on "decentralised blockchains" like TRON or even Binance Chain (or whatever name it's called these days).
People think these "DEXs" are non-custodial, wait till the servers running them are seized...
That's worst-case scenario, of course, which I doubt happens...
Probably also scary if you're leaving your precious coins on "decentralised blockchains" like TRON or even Binance Chain (or whatever name it's called these days).
People think these "DEXs" are non-custodial, wait till the servers running them are seized...
That's worst-case scenario, of course, which I doubt happens...
Coinbase and Tron developer sir Justin Sun are now the next target of the SEC, this morning I read on Twitter that SEC is going to arrest Justin for market manipulations and Selling Securities, there is also some cases about Fraud, this is going go be tough, what do you think will unfold from this? Scary or Nah???
Why would I worry about something that hasn't happened yet? besides if these two parties are really in trouble with the SEC it will only make small waves in the market and I believe that the market will recover. What's more, I have gone through many big cases on the crypto market from 2018 and until now I am still surviving and still profitable, so I am not afraid.
Coinbase do not want to accept that altcoins, their staking program and some other things about the service they are providing are securities. The last we know was when United States SEC targeted Kraken. SEC and Kraken reached a conclusion after Kraken accepted to stop its staking program. People should know that staking defines any cryptocurrency to be a security and SEC likely do not want staking program for US citizens.
Edit:
Edit:
The Tron CEO case already has a thread that is still open for discussion; you can join the discussion. https://bitcointalksearch.org/topic/m.61959553
I did not see this before posting. Also I did not know there is an existing topic about it already. It would be better for S3300 (OP) to lock this thread. 
The Tron CEO case already has a thread that is still open for discussion; you can join the discussion. https://bitcointalksearch.org/topic/m.61959553
what do you think will unfold from this? Scary or Nah???
No, I am not scared because I am not Justin Sun or Coinbase CEO, nor am I in any way related to them; I also don't have any of my funds entrusted into their hands, either through their exchange or any of their coins or tokens. So I am not scared; the case will only cause a few panics on the market, which won't last for long, as Tron and a few other tokens under them are already experiencing a few drops in price.
Coinbase and Tron developer sir Justin Sun are now the next target of the SEC, this morning I read on Twitter that SEC is going to arrest Justin for market manipulations and Selling Securities, there is also some cases about Fraud, this is going go be tough, what do you think will unfold from this? Scary or Nah???
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