Breaking News: SEC issues report that DAO Tokens were a Security

in bitcoin •  7 years ago 

This is fantastic news for bitcoin...but the alt coins... Not so good.

The link to the SEC Twitter Tweet: https://twitter.com/SEC_News/status/889957227108454401

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7 years ago by

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      ·  7 years ago 

    SEC_News SEC_News tweeted @ 25 Jul 2017 - 21:15 UTC

    U.S. securities laws may apply to offers, sales, and trading in virtual organizations sec.gov/news/press-rel…

    Disclaimer: I am just a bot trying to be helpful.

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        ·  7 years ago 

      Thats a new one. Just providing information. Thank you very much.

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        [-]
          ·  7 years ago 

        The crypto space is soooo chaotic these days its insane. In my opinion, ironically enough I think the safest crypto to be holding right now is BTC. Has most liquidity so it can handle the chaos much more efficiently than anything else.

        I just published a book on Amazon, called "Welcome to the F*cking Show: Bitcoin and Your Future With Money". If you have any new friends in crypto tell them to check it out, it's the quickest cutting of the crypto learning curve out there (I know, I've read all the Bitcoin books out there).

        Link: https://www.amazon.com/Welcome-cking-Show-Bitcoin-Future-ebook/dp/B0741LPVB2/ref=sr_1_1?ie=UTF8&qid=1501034912&sr=8-1&keywords=bitcoin+and+your+future+with+money

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            ·  7 years ago 

          Thanks. Will check it out. I agree with bitcoin being the safest. There are too many big investors to let anything drastic happen. With this announcement too I believe bitcoin will pump with the alt coin panic related to the SEC.

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              ·  7 years ago 

            agreed, think the alt game is a little over bought right now anyways. not enough utitlity and too much speculation, and not enough true liquidity (ie a channel to fiat)

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                ·  7 years ago 

              Definitely.

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                  ·  7 years ago 

                This post received a 3.9% upvote from @randowhale thanks to @kauslevi! For more information, click here!

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