After sorting through maybe 100 news stories I have boiled it down to the 3 that I think are most relevant for crypto investors today. The New York AG has a dispute with Bitfinex and Tether, India have a draft bill to completely ban crypto (which I have an alternative to) and MakerDAO is experiencing some instability within the foundation.
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again
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monday
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I hate regulators. Not that i'm a fan of USDT but this is a low blow.
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Time will tell full repercussion of NY dispute with Bitfinex and Tether, in my opinion.
Agree, Indian Govt educate the people about CC and pitfuls, instead of Ban, remember, it will disadvantage for the country, with CC being ithe future. Note rumour mill is ripe with other social media including WhatsApp in recent General Election
Draft bill maybe delayed after Election result due 23rd May.
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Does 'news' make Maker selloffs? I dont think so, all Alt coins are down today by BTC influence ... anyway the leaked letter has been 'hand delivered', for sure who had delivered knows where that come from ... Thanks CC. Still a good time to buy some more steem-power ... ;)
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Regulators often seem very technically challenged and don't understand what their actions will cause.
I agree with CC, they make it a loose-loose-loose
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Just collected another payment from your course. Not money; more valuable. I've worked hard to take emotion out of the evaluation process. This is most difficult in the face of either FUD or bad crypto news which has some level of truth involved, especially where I will never have enough facts to really evaluate what happened.
I was actually online when a multi hundred dollar drop occurred within minutes. Enter brain: Something happened. Could be real or FUD. I don't have enough information to judge. I have chosen to commit to crypto. Decision: log off. Take no action. Don't get sucked up. No need to worry. If nightmare really happened, I accepted that possibility before I started. Reality is most likely transient. All shall be some level of normal soon. And Chris will tell me tomorrow a summary of what transpired. Cool. Good night's sleep and thanks.
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STATE OF NEW YORK! No surprise at the offending party. They can't leave well enough alone.
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Good video :)
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Cunning ... bad strategy: loose-loose-loose
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Went to read NY court order at ag.ny.gov and looked at 16 court ordered info requests including xii tax filings for 2017 and 2018. Looks like the subpoenas dated 27-Nov-18 and letter dated 26-Feb-19 were ignored/not responded to.
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Just send you a tip with Brave 😁
Have a great day
Tom
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Thank you, here is a tip back.
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Weird that Tether is holding up more than DAI with these considerations! Comes to show that rational decisions is not part of this market yet!
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hehe exactly! I also was shocked. People dont seem to care.
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Not related to the video, but did you also have a promo code for the Crypto Tag?
Thanks!
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Does feel like a classic encirclement strategy I must agree.
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I'm telling you, Tether scares me. If they are investigated and found to be a 100% scam, printing all the tether they want without any dollar backing...the entire crypto market will suffer dearly. That could easily bring everything crashing down. I could see BTC dropping to $500 in hours and maybe in days down to $100.
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Lol $100 -$500 BITCOIN, please do as I will be one of many waiting to FILL my BAG$!
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You and me both. If it drops that low, it won't last for long. Few seconds or minutes before others feast on it.
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You got that RIGHT!
👍😎
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Time will tell full repercussion of NY dispute with Bitfinex and Tether, in my opinion.
Agree, Indian Govt educate the people about CC and pitfuls, instead of Ban, remember, it will disadvantage for the country, with CC being ithe future. Note rumour mill is ripe with other social media including WhatsApp in recent General Election
Draft bill maybe delayed after Election result due 23rd May.
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Time will tell full repercussion of NY dispute with Bitfinex and Tether, in my opinion.
Agree, Indian Govt educate the people about CC and pitfuls, instead of Ban, remember, it will disadvantage for the country, with CC being ithe future. Note rumour mill is ripe with other social media including WhatsApp in recent General Election
Draft bill maybe delayed after Election result due 23rd May.
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