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The Genie is Out of the Bottle: Regulations Are Being Unrolled!

 
Anonymous Coward
User ID: 79645733
United States
12/29/2020 07:46 PM
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The Genie is Out of the Bottle: Regulations Are Being Unrolled!
Listen really close to what Jay Clayton, the outgoing SEC Chairman, tells you about cryptocurrencies. There's a real good reason they are going after Ripple first. After years of inaction, a triple strike occurred this past week in regards to regulators making their move. They are putting the bridle on the horse.

[link to www.youtube.com (secure)]



book


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Anonymous Coward
User ID: 79761753
United States
12/29/2020 08:03 PM
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Re: The Genie is Out of the Bottle: Regulations Are Being Unrolled!
Most serious investors and traders knew this several years ago and have planned accordingly.
I'm fine, not worried.
First rule of trading...don't panic.
Anonymous Coward
User ID: 79343356
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12/29/2020 08:15 PM
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Re: The Genie is Out of the Bottle: Regulations Are Being Unrolled!
Ha! Regulation and adoption will do what to crypto? Anyone know?


I’m no crypto expert but it feels like all crypto would become a stable coin lol.

I hate this crypto shit.
Anonymous Coward
User ID: 75307638
United States
12/30/2020 07:48 AM
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Re: The Genie is Out of the Bottle: Regulations Are Being Unrolled!
Most serious investors and traders knew this several years ago and have planned accordingly.
I'm fine, not worried.
First rule of trading...don't panic.
 Quoting: Anonymous Coward 79761753


I think it’s best to keep it simple. Just buy and hold and forget it if you can. That strategy typically produces the best outcomes when investing, especially when it something new on the scene.

book


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Anonymous Coward
User ID: 79113477
United States
12/30/2020 08:29 AM
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Re: The Genie is Out of the Bottle: Regulations Are Being Unrolled!
Most serious investors and traders knew this several years ago and have planned accordingly.
I'm fine, not worried.
First rule of trading...don't panic.
 Quoting: Anonymous Coward 79761753


I thinks it best to keep it simple. Just buy and hold and forget it if you can. That strategy typically produces the best outcomes when investing, especially when it something new on the scene.

book


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 Quoting: RESIDENT DERELICT BIG.BILL


That is really bad advice
Anonymous Coward
User ID: 75307638
United States
12/30/2020 08:37 AM
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Re: The Genie is Out of the Bottle: Regulations Are Being Unrolled!
Ha! Regulation and adoption will do what to crypto? Anyone know?


I’m no crypto expert but it feels like all crypto would become a stable coin lol.

I hate this crypto shit.
 Quoting: Anonymous Coward 79343356


We’ve seen this before.

Wild West of the Internet of Information.

Wild West of the Internet of value.

book


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Anonymous Coward
User ID: 75307638
United States
12/30/2020 08:38 AM
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Re: The Genie is Out of the Bottle: Regulations Are Being Unrolled!
Most serious investors and traders knew this several years ago and have planned accordingly.
I'm fine, not worried.
First rule of trading...don't panic.
 Quoting: Anonymous Coward 79761753


I thinks it best to keep it simple. Just buy and hold and forget it if you can. That strategy typically produces the best outcomes when investing, especially when it something new on the scene.

book


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 Quoting: RESIDENT DERELICT BIG.BILL


That is really bad advice
 Quoting: Anonymous Coward 79113477


It depends on what your goal is. I’ll couch that by saying for myself, this is the best strategy.

book


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Sundecoder

User ID: 79718315
Germany
12/30/2020 08:40 AM

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Re: The Genie is Out of the Bottle: Regulations Are Being Unrolled!
Buy INX tokens NOW

the ONLY fully regulated SEC approved crypto

[link to inx.co (secure)]
Believe Nothing - Question Everything
Anonymous Coward
User ID: 75307638
United States
12/30/2020 08:45 AM
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Re: The Genie is Out of the Bottle: Regulations Are Being Unrolled!
Buy INX tokens NOW

the ONLY fully regulated SEC approved crypto

[link to inx.co (secure)]
 Quoting: Sundecoder


Have not heard of them. I just checked Coinbase and they don’t list it for trade today but it’s .007 cents. What do you like about them?

book


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Anonymous Coward
User ID: 79641558
United Kingdom
12/30/2020 09:22 AM
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Re: The Genie is Out of the Bottle: Regulations Are Being Unrolled!
Right at the end, he talks about buying back the securities at the price they were sold for.

Ripple has been buying back XRP from the open market iirc
Anonymous Coward
User ID: 75307638
United States
12/30/2020 10:12 AM
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Re: The Genie is Out of the Bottle: Regulations Are Being Unrolled!
Right at the end, he talks about buying back the securities at the price they were sold for.

Ripple has been buying back XRP from the open market iirc
 Quoting: Anonymous Coward 79641558


I suppose that would be contingent on the outcome of how XRP is defined. So if they do label XRP as a security, they would simply reverse the alleged illegal transactions? The SEC is well aware that Ripple can side step them and they have recently talked about move their HQ to a country that has already labeled XRP as a currency, like UK or Japan. I suspect the USA needs Ripple more than Ripple needs the USA. And considering Jay Clayton’s commentary in the video, unless the USA’s financial leaders have completely sold out to Chinese influences, Ripple offers the best solution to the USA’s economic predicament.

book


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Sundecoder

User ID: 79723874
Germany
12/31/2020 08:17 AM

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Re: The Genie is Out of the Bottle: Regulations Are Being Unrolled!
Buy INX tokens NOW

the ONLY fully regulated SEC approved crypto

[link to inx.co (secure)]
 Quoting: Sundecoder


Have not heard of them. I just checked Coinbase and they don’t list it for trade today but it’s .007 cents. What do you like about them?

book


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 Quoting: RESIDENT DERELICT BIG.BILL


They're aiming to change the world with blockchain, security token being one of them. They've spend the last 3 years to make sure that they meet all the regulations. Here is a brand new development just yesterday:

[link to www.businesswire.com (secure)]
Believe Nothing - Question Everything
Anonymous Coward
User ID: 75307638
United States
12/31/2020 09:46 AM
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Re: The Genie is Out of the Bottle: Regulations Are Being Unrolled!
Buy INX tokens NOW

the ONLY fully regulated SEC approved crypto

[link to inx.co (secure)]
 Quoting: Sundecoder


Have not heard of them. I just checked Coinbase and they don’t list it for trade today but it’s .007 cents. What do you like about them?

book


- - - - - -
 Quoting: RESIDENT DERELICT BIG.BILL


They're aiming to change the world with blockchain, security token being one of them. They've spend the last 3 years to make sure that they meet all the regulations. Here is a brand new development just yesterday:

[link to www.businesswire.com (secure)]
 Quoting: Sundecoder


Thanks for the heads up. I’ll have to look into this more as they are at a nice investment price right now. I’m keeping things simple and am expecting once adoption occurs, you’re going to see many coins fall by the wayside. I’m in XRP XLM & VET and after researching and talking to others feel these will make the cut so to speak. I’m no financial wizard and researching is tedious to me but the hope of financial freedom drives me on.


book


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Anonymous Coward
User ID: 80157693
United States
06/11/2021 06:50 AM
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Re: The Genie is Out of the Bottle: Regulations Are Being Unrolled!
Our wallets will contain digital assets.

Sadly the commodity are humans. A ledger of your usefulness, along with health records, voter identification will all be possible with the new quantum dot vaccine rolling out.

It’s a three tier system of block chain technology.

Regulation will simply be,

“Unregulated (untaxed) digital assets fuels criminals exchanges and has become a national security problem with the infrastructure of countries being seriously compromised.”

Watch for the sales pitches for the vaccine, health pass, voter ID, and this blockchain ledger system, all rolled into one.





GLP