Russia is legalizing Cryptocurrencies, again, and regulating them for their citizens, since they know they can't stop decentralized blockchain protocols. But is that the only reason from removing prohibition? At the same time, the South Korean Courts have declared it Illegal for their government to Confiscate Bitcoin from their citizens!
This sends a message to regulators, but could this cause a trend to other nations? And the largest US Options Exchange may be adding "Bitcoin Futures" & other "Derivative", but will Two-way price discovery actually help Stabilize the Bitcoin Market,
or will major money & institutional shorting cause serious FUD and major setups for market manipulation? Let's Discuss!
=== Market Recap ===
https://coinmarketcap.com/#BTC
=== In The News ===
https://cointelegraph.com/news/will-bitcoin-shorting-stabilize-market
https://medium.com/@philgeiger/get-into-bitcoin-before-the-next-financial-crisis-f0707e2d56c1
https://cointelegraph.com/news/south-korean-court-declares-bitcoin-confiscation-illegal
https://www.coindesk.com/russian-finance-minister-no-point-in-prohibiting-cryptocurrencies/
https://www.coindesk.com/the-eu-has-now-invested-over-e5-million-in-blockchain-startups/
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Dear @mintingcoins, I just resteemed your post.
The Blockchain is a great technology and for the time being we can expect that emergent nature of the community will overcome all the bans, governments and restrictions and to continuously change technology on its way.
Having said this it's very difficult to bet on the right crypto, which one will be the one that will solve the specific issue of the moment?
My suggestion would be to:
For those interested I wrote a post on the gains from diversification.
CryptoPortfolio - Simple trick to increase returns by 8% per year
I would be grateful if you could let me know if you had any comment and if you like the post if you could resteemit.
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Thank you very much!
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Thank you to you!
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