🗞 Daily Crypto News, December 17th💰

vlemon (76) in bitcoin • 7 years ago

European Union Terror Fears Drive New Crackdown on Bitcoin Across Member States ;
Bitcoin Not a Threat to Financial Systems, Says US Chief Financial Regulator
South Korean Cryptocurrency Exchanges to Implement Self-Regulation
North Korean Hackers Attacked South Korean Exchanges, NIS Claims
Scrutiny Intensifies as Tether Exceeds Supply of 1 Billion USDT

Crypto has been a magical journey so far. Nevertheless, I would advise everyone and especially new comers to be careful as it can go down as fast as it went up.

Take care my CryptoFriends.

🗞 European Union Terror Fears Drive New Crackdown on Bitcoin Across Member States

Citing pretext to end all pretexts, “terrorism,” European Union legislators moved Friday, December 15 to impose tighter controls on the world’s most popular cryptocurrency, bitcoin, through trading exchanges and related businesses.

🗞 Bitcoin Not a Threat to Financial Systems, Says US Chief Financial Regulator

“Virtual currencies are only used by a very small number of consumers. We give a bit more credit to the potentially much broader applications of the so-called distributed ledger technology underpinning the innovations. It is noteworthy that this digital wave also presents a regulatory challenge, because the storage of data is decentralized, rather than being in one spot that governments can watch.”

🗞 South Korean Cryptocurrency Exchanges to Implement Self-Regulation

Over 40 companies in South Korea are participating in cryptocurrency self-regulation. Among them are 14 exchanges which have agreed to implement self-regulatory measures; they include Bithumb, Coinone, and Korbit. This announcement came just one day after the Korean government released its emergency crypto regulation.

🗞 North Korean Hackers Attacked South Korean Exchanges, NIS Claims

As originally reported by local media outlets, the South Korean National Intelligence Service has traced previous hackings of domestic cryptocurrency exchanges back to the North.

🗞 Scrutiny Intensifies as Tether Exceeds Supply of 1 Billion USDT

1 billion USDT have now entered into circulation, again drawing attention to the operations of Tether. The eight-figure threshold for Tether was passed during the creation of nearly 300 million USDT that has occurred over the last seven days.

Read more & Source: https://news.bitcoin.com/93194-2/

🗞 Daily Crypto News, December 16th💰
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🗞 Daily Crypto News, December 13th💰

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7 years ago by vlemon (76)

$126.05

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neyar123 (30) · 7 years ago

The rules of great succuess in crypto:

Step 1: look for coins that you like and see great potential (steem)
Step 2: invest
Step 3: erase blockfolio or bitcoin ticker from your mobile
Step 4: chill and have a good time with friends, family and even your wife
Step 5: profit after several month!

If you don't follow those steps you probably lose your money. Furthermore you will have a very stressful life, no sleep and end up hate yourself for your mistakes.

And learn this lesson: you can't control the situation. You can't change a 30% bitcoin gain or decrease. You can't forsee what happens. And you can't fucking beat the market.

But one thing is for sure: if you picked a good coin it will eventually recover with even more force. The only bad thing that might happen is if cryptocurrencies get prohibited worldwide! In that case you should cash out asap...

$0.41

2 votes

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vlemon (76) · 7 years ago

This is the way to invest in cryptos !
Thank you for sharing this.

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bhagchandbana (41) · 7 years ago

I've seen also that bittrex stoped registrations for a while.

$0.07

2 votes

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bestgift (67) · 7 years ago

But the price keeps kicking!

$0.05

3 votes

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wardyy (44) · 7 years ago

$100,000 soon. :)

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1 vote

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simivalleyjeff53 (52) · 7 years ago

What are the elites so afraid of with the Cryptocurrencies anyway?

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2 votes

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wardyy (44) · 7 years ago

Because they hate not being in control. Crypto can be traded to anyone and anywhere in the world with little fee's and they don't like that.
Crypto will ruin their cosy little corrupt life.

$0.00

2 votes

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simivalleyjeff53 (52) · 7 years ago

That's a good thing then to the max!!!!!

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2 votes

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wardyy (44) · 7 years ago

Of course. Anything that will disrupt the elite and put control back into the hands of the general population is a good thing.
My only concern is if they try to make their own government run crypto and make people switch to it. I'm not sure how they could do that but it is a concern for me.

$0.00

2 votes

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clausewitz (60) · 7 years ago

Couldn't this has been done already, why not bitcoin it self :)? It serves the purpose of the FED i think, keeping money away from gold / silver and keeping inflation back while we store cash in this form instead.

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1 vote

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simivalleyjeff53 (52) · 7 years ago

I hope they don't do that.

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bitgeek (62) · 7 years ago

Congratulations @vlemon, this post is the forth most rewarded post (based on pending payouts) in the last 12 hours written by a Superuser account holder (accounts that hold between 1 and 10 Mega Vests). The total number of posts by Superuser account holders during this period was 1215 and the total pending payments to posts in this category was $6616.35. To see the full list of highest paid posts across all accounts categories, click here.

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