Golos is an unregistered security that was sold to some USA and EU investors illegally and it will eventually be delisted like all the other ICOs including Ethereum.
Investors are risking legal and criminal culpability for illegal selling on unregistered exchanges.
Study the facts.
Crackdowns are coming eventually. China just the first salvo of what is coming from regulators in major nations.
That’s an example of what is going to happen to all ICO issued tokens when the delistings come forth.
And STEEM is still trading on Blocktrades and Bittrex, so imagine the utter collapse towards 0 of the STEEM price if it had been delisted from every significant exchange.
Everybody going to get plenty of warnings but they will ignore the warnings of course.
Investors are risking legal and criminal culpability for illegal selling on unregistered exchanges.
Study the facts.
Crackdowns are coming eventually. China just the first salvo of what is coming from regulators in major nations.
Steem started dropping when the Poloniex wallet got disabled for "maintenance". That was 2 months ago, and I think when a lot of people realised they couldn't withdraw their Steem from Poloniex, they sold it for bitcoin, which they could withdraw. And the Steem price hasn't really recovered, because the wallet on Poloniex hasn't been re-opened.
It's a shame when exchanges mess with coins like that.
It's a shame when exchanges mess with coins like that.
That’s an example of what is going to happen to all ICO issued tokens when the delistings come forth.
And STEEM is still trading on Blocktrades and Bittrex, so imagine the utter collapse towards 0 of the STEEM price if it had been delisted from every significant exchange.
Everybody going to get plenty of warnings but they will ignore the warnings of course.
Lol, the SEC isn't going to make ETH illegal. Have you seen the ETH enterprise alliance? some of the biggest company's in the world are behind ethereum (microsoft, jp morgan just to name a few).
A bunch of decentralized exchange projects are coming out too, i think you underestimate the adaptability of this tech.
New ICO's will definitely be scrutinized, but only if they aren't done right. This whole china scare is a good thing. Gotta reign in some of the bullshit projects there are sooo many.
