RE: Bitcoin to drop below $1000. Here Is why.
I am sorry but this entire post is FUD. Rotten FUD.
Regulations are good. You are uninformed on this matter. Saying that Japan has tight measures is absolute bullshit. Read this. Even IOTA had meetings with the Metropolitan Bank of Japan (I believe that is how it is called). You are extremely uninformed regarding SEC and its approach to cryptocurrencies. Read this and this. South Korea isn't even that bad, and China's stance is currently confusing (they seem to be somewhat interested in Vechain, we shall see their view on crypto in the upcoming G20).
Should ICO fraud become too rampant, investor demand for Bitcoin and Crypto currencies in general will get hurt.
That is why regulations need to be put in place regarding ICOs. You bash regulations in your first paragraph, now you complain you don't have them?
Binance, of the largest crypto currency exchange based in Hong Kong, and in which Millions of dollars were lost
Again you are misinformed. The transactions were reversed. The hack did not happen at Binance's fault.
People who were using a certain trading bot got fucked because they did not secure their account by ticking a certain API setting (I believe it was something like "don't access API from a different IP" or similar). The trading bot executed trades that the "hacker" wanted and pumped VIACOIN. Here is the proof.
Bitcoin isn't Monero. Regulations could be seen only be anonymous coins, as there already exist methods to track Bitcoin transactions. It is true shady things happen, but only $3.4b are laundered every year with cryptocurrencies, which is roughly 4% of all the money being laundered in the world. Can't find the source. And let's be honest, most shady things in this world are conducted via cash, issued by gouverments. Nobody bashes gouverments for that, do they?
Yep, they banned all crypto ads. Do you know why? Because Bitconnect and other scam projects were the ones advertised on them. I am glad they banned them because legitimate crypto businesses may advertise themselves on Google if they pass a certain verification.
It is an extremely good thing we got rid of all the scam ads that were staining cryptocurrencies' image.
Please, if you believe the shit you wrote here just sell all your crypto and call it a day. You are misinformed (or uninformed at all) and you spread this bullshit so others also become misinformed.
Stop writing bullshit and do some research before deciding to post anything on this platform.
My friend @s-h-d-p, first, i insist you mind your language when writing on my blog. It is okay to disagree, but words such as 'Fucked' , "bullshit", have no place in any decent society. And certainly not in my blog. You may, if you were raised to cuss and curse as such, limit your foul language to your own blog, kindly.
Secondly, it is a mark of the unintelligent to draw conclusions following one-sided rhetoric.
Disagreeing with my thoughts should have nothing with disregarding its researched facts, and then concluding by questioning the same. This is obviously 'bullshit' from you!
And then, talking about "posting anything on this platform". I suggest you read something about 'Reputation' and what it is idealized to mean "on this platform", then compare between 25 and 50! before giving such unnecessary ultimatums.
You've done research? May I see some of your sources? Regarding the Binance situation, or how Japan is against crypto?
Show me some of the research you have done on this article. In my comment, I have linked more facts than you have in your pretty post of yours. And no, I did not research just to comment, that is my general knowledge on the topic of cryptocurrencies. Something you may or may not lack.
By the way, I am pretty sure I am allowed to say whatever I want in my comments. Fuck fancy language. People shall downvote me if they don't agree or don't find my vocabulary appealing. It's not up to you mate, it's up to them
True word‘s 👍🏻
Disclaimer: I am just a bot trying to be helpful.