The SEC drops the bomb that crypto exchanges will have to register if they are operating in the US. The market is selling off in response to the FUD.
Binance halts withdrawals, while trading remains up and running. A phishing attack had compromised some accounts and began liquidation. This set off alarms and security was able to limit any losses. Binance reminds users that they will never be asked for passwords or funds by Binance.
The negative headlines are pushing down markets for now, will regulation bring an influx of new money? Leave your opinion in the comments below.
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Rumors and bad news seem to almost always affect the market in negative ways. I'm not sure how long will this last, but like always, when the market is red, everthing is on discounted prices!
I think it's totaly nothing to worry about. We've been through much worse...
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These are the best markets on the planet - there's so much opportunity for fud.
If we really think about the swings in volatility here....
These crypto markets are actually so very , very forgiving.
If you for some reason end up buying on a high.....just HODL through the correction cycle...and the volatility of the market over some space and time has ultimately forgiven the error in buying at the top..
cheers to an extraordinary 2018 with much crypto success!
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i think this will increase new the liquidity in the near future its a good thing it shows the space is growing , but the only problem is that they want control over the space which is a big problem they are killing the baby before its born.
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Buy the f**king dip! 😋
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I knew it will happen one day, but everything should be all right investors.
Just relax, it's always happening. Bad news, then good news...
Damn, again I've lost in the random steem raffle!
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If it will bring a new influx of money. It's the way they always solve their problems. Just wait and see the outcome.
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Upvoted and Resteemed By : @clickbaster , Seeya and Have Fun , if Some one wants the same , simply Follow me ,
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It should be alright when the FUD ends.
We all knew that SEC was going to drop that bomb, so it will work out later :d
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You got a 14.45% upvote from @passive courtesy of @manlyness!
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Don’t leave funds on exchanges and it’s highly unlikely you’ll be affected by hacks like these. Exchanges will continue to be hacked and will go under. People will continue to lose funds. If you control your keys you will remain unaffected.
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Maturity!!! Thats what most people lack in the crypto space....All this FUD should not even impact the market any longer, but so many people approach crypto like gambling and ponzis....but i am hopeful for a more stable future!
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The beginning always was worst like that with time everything gonna be better
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The Phishing on binance created some strong sells and a big red candel but we just need some time to see the market in green again, because i think binance solve that problem so fast and that's a big news for investors. Regards
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The market is all fuded up ATM. Only time will fix the falls. We also must stay vigilant.
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Yeah these are very bad news for cryptoworld but everything is all right in few day. I believe in power of hodl #hodlcrew.
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Nice post. I enjoyed read your post.Very informational post and news. Thanks @investing thanks for share.
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The news from the SEC should actually be seen as good news, for the most part.
The space was starting to spill over with clear as day scams and it's very plausible that what they learned from the ongoing cases prompted them to finally act.
It was almost a certainty regulations were coming when large corporations and entities got into the crypto space. Remember, some of these folks have enough money to found them, break them up, bankrupt them or send lobbyists to Washington to change policies.
Now here's where things start to tread into the unknown and I don't mean for this to be seen as FUD, it's just some thoughts.
Will getting listed on foreign exchanges be an issue for US based ICO's or will it just be business as usual?
There might be more of a clear separation now in terms of what we find in wallets and exchanges and the few ICO's that messed up and allowed foreigners to invest, only to refund them later will probably do a better job of making sure that doesn't happen or at least as often.
No.2 could be seen as a positive and negative but it'll take some time to see how that'll play out.
All the other news, is really nothing to panic or lose sleep over.
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Don't worry investor, just keep your patience and gather update news like this post. @ investing post is very helpful to get update news as a investor.
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Lot of fud came in a single day all the bombs were targeted on the exchanges pheww finally recovering i guess
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Apparently A LOT of Binance users' accounts got hacked and their altcoins were changed to bitcoin and pumped into Viacoin. Viacoin pumped up to 666% at one point.
Almost all altcoins tanked as a result and probably triggered stop losses. btw It surprises me that people are willing to grant access to third parties to use their API keys. I think the Binance hack illustrates why one should be careful when granting this kind of access to third parties as it can be easily misused.
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I was hoping you would touch on this today. It's been a shaky 24 hours for me. I wish I had a little more cash to throw into steem right now but I don't. Your video put me at ease.
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Congratulations, your post received 26.33% up vote form @spydo courtesy of @manlyness! I hope, my gratitude will help you getting more visibility.
You can also earn by making delegation. Click here to delegate to @spydo and earn 95% daily reward payout! Follow this link to know more about delegation benefits.
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You got a 37.90% upvote from @luckyvotes courtesy of @manlyness!
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Am Ende vom Jahr werden wir happy sein
hodl!!!! noch besser nachkaufen
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You got a 52.84% upvote from @minnowvotes courtesy of @manlyness!
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Release the Kraken! You got a 44.51% upvote from @seakraken courtesy of @manlyness!
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if this regulations is not taken back then we all will be doomed fingers crossed lets see
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what is this happening i am glad that binance is safe all the funds are safe and secured it was a big hack inside the system itself
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Everything dropped but glad that binance ceo just tweeted about that everything is now under control
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This post has received gratitude of 2.97% from @appreciator courtesy of @manlyness!
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Until the market matures for crypto, we will see the market playing to these false allegations. Every time some rumors spread people will panicked and try to cash out which is always the worst time. I lost some money doing dance shit. Newys thanks for sharing your thoughts.
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phishing attempts are on high again better be safe during this tough time
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Binance hack,sec are the major reasons.need to know what are the minor reasons behind it.
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the negative downtrend will not stay for long hopefully :)
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finally that phishing attempt has been revoked team has been hard at work after that
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The whole world does not accept bitcoin. But he will stay to accept.
The world is changing...
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While to speak of we can see the reactions of that news !
Hope this FUD does not cause any more harm !
The market seems to be trying real hard to get on its foot while some news does indeed seems like to get away always !
The issue with the Binance seems to be solved for now !
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do you know Bitclub Network ? when no simply check some videos , or i can explain it to you , just contact me , ^^ seeya and have fun bro ^^
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