Thread: RIP Bitcoin

Originally Posted by Dragonfly

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!