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How will regulations shake things up?

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  • MikeJohnson

    @theogoodman "Do you think that will impact the BTC price?"

    Who do you think the bearwhale could have been or what letter from the SEC or other goverment authority did the bear whale read? People "in the know" about the shake up have already sold, the news is already somewhat priced in, hince the current bear market. However this is 100% conspiracy theory as I have zero evidence.

    I have reason to think many letters are still going out.

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  • Theogoodman

    "I have reason to think many letters are still going out."

    The chatter confirms this.

    Equity with no contract and no voting rights and maybe platforms where you can exchange these could be the targets. Cryptsy already has a lawsuit against it, they might be targeted by the SEC as well, maybe for selling feeshares on cryptostocks.com but who knows. If so called "appcoins" like maidsafe,storjx or even ether are also targets? I guess we will have to wait and see. I have zero proof these are all theories.

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  • sbatz72

    @coinfire

    @jamesmm Hopefully it will be good regulation and we'll see all these companies and projects take off. I feel a lot of them are waiting to see how the regulations will affect their projects.

    I think we have a ton of stuff just waiting in the wings. Do you think some bad players will exit when some kind of rulings happen?

    Of course, there are always bad players waiting in the wings. I hope it does not become to regulated. I mean it could be good to get some regulation, but for the US government to control it the way they control the US money supply could have serious consequences.

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  • sbatz72

    @lovebitcoins

    @coinfire

    @lovebitcoins

    @coinfire We've all heard the speculation regarding government regulations and interventions especially in the case of alt coins, "shares" etc.

    How do you think that is going to shake out?

    Some have argued that many of these "opportunities" are securities and as such will be regulated by the US Government for being unregistered securities.

    Do you think this is the case? How do you think it will potentially impact things moving forward?

    We are going to see regulators crack down on this stuff really hard and try to send a very clear message.

    Do you think that will impact the BTC price?

    Absolutely, I'm not sure it will have a major impact but I would expect some of the people impacted by any sort of action would sell some at least to defend themselves and that could put some downward pressure on the markets.

    Is this what is going on with the price of BTC lately? I have been a little out of the loop for a few weeks. I am trying to catch up. I tried to take a real job and it nearly killed me. I need to concentrate on school, so I had to quit the job. The job was interfering to much with school.

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