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  1. 23-01-2018, 05:29 PM #1
    baldrick
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    Quote Originally Posted by OhOh View Post
    What's changed?
    What is changing is probably the better question
    Now most alts are tied to BTC and ETH, but in the next 3 months you will see lightning network and FairX out of beta

    The hard bit will be making it user friendly so it is just point and shoot

    Also a large hurdle to overcome is security of crypto on phones
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  2. 23-01-2018, 05:52 PM #2
    Dragonfly
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    Financial watchdogs are going through the cryptocurrency market with a 'fine tooth comb'

    SEC, CFTC step up pressure on cryptocurrencies
    The Securities and Exchange Commission and the Commodity Futures Trading Commission have issued a joint statement underlining intentions to take firm action against fraud in cryptocurrency transactions and initial coin offerings. The statement emphasizes commitment to examining cases in detail, with one trader who has received an SEC inquiry saying regulators are sifting through projects with "a fine-toothed comb."
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  3. 23-01-2018, 10:52 PM #3
    jabir
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    Quote Originally Posted by Dragonfly View Post
    Financial watchdogs are going through the cryptocurrency market with a 'fine tooth comb'

    SEC, CFTC step up pressure on cryptocurrencies
    The Securities and Exchange Commission and the Commodity Futures Trading Commission have issued a joint statement underlining intentions to take firm action against fraud in cryptocurrency transactions and initial coin offerings. The statement emphasizes commitment to examining cases in detail, with one trader who has received an SEC inquiry saying regulators are sifting through projects with "a fine-toothed comb."
    How many projects do you reckon they could sift through with 'a fine toothed comb', and would that be more, or less than the non-crypto fraud and corruption and laundering investigations that are already backlogged and growing?
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  4. 23-01-2018, 11:31 PM #4
    Dragonfly
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    Quote Originally Posted by jabir View Post
    How many projects do you reckon they could sift through with 'a fine toothed comb', and would that be more, or less than the non-crypto fraud and corruption and laundering investigations that are already backlogged and growing?
    they are using those cases as the foundation for regulations, using the tricks used to launder money or defraud customers as the technical base for the new rules

    bitcoin players, bye bye
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  5. 24-01-2018, 08:39 AM #5
    jabir
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    Quote Originally Posted by Dragonfly View Post
    they are using those cases as the foundation for regulations, using the tricks used to launder money or defraud customers as the technical base for the new rules

    bitcoin players, bye bye
    That's great, because with regulation comes inescapable recognition, and not even you can dispute that.

    Last week the SK gov were in FUD mode, this week they're prepping for support. Tommorow ICX is hosting the Mainnet release at the largest building in Seoul, so let's see if the SK gov raid it or sign up to research involvement because SK sets the tone for SEAsia and, oh no, Asean! Other govs (I think OZ and Russia) are at various stages of blockchain participation including developing their own for specific admin functions.

    No getting away from it, don't ask me what a blockchain is because I'm as dumb as most on here, but you don't need brains to realise they are here to stay. Sure there will be nights or weeks of the long knives, and hopefuly this will purge 90-95% of the crap that's being pumped out, but stay with the prime movers with practical uses and you can't go wrong.


    If I'm wrong it will cost me, not you, since 80-85% of my port is in ICX, STRAT and NEO, 3 coins that will rise or die or live on in pain depending on how Asian govs react over the coming months. Fex, I reckon China’s public rail against cryptos over the past couple of weeks is a moody; all those huge mining towns they 'shut down', my money says, were or will be taken over by the state which once up and running will make the Chinese gov the largest miner in the world; mining on such a large scale = wealth!
    Last edited by jabir; 24-01-2018 at 08:53 AM.
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  6. 23-01-2018, 05:54 PM #6
    Dragonfly
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    game over boys, take your toys and go home

    you too baldrick, you can now shove that ASIC chip up your arse and feel good about it
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