New York & Tether Legal Dispute / India Draft Bill For Total Crypto Ban / MakerDAO & DAI

marketingmonk (71)in #cryptocurrency • 6 years ago

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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#MakerDAO #Tether #Cryptocurrency

#tether #makerdao #cryptonews #india

6 years ago in #cryptocurrency by marketingmonk (71)

$2.15

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camendes70 (57) 5 years ago

again

$0.30

1 vote

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camendes70 (57) 5 years ago

monday

$0.29

1 vote

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ma8trix (47) 6 years ago

I hate regulators. Not that i'm a fan of USDT but this is a low blow.

$0.26

2 votes

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asadali1 (49) 6 years ago

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.

$0.25

1 vote

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camendes70 (57) 6 years ago

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 ... ;)

$0.25

1 vote

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neoicarus (51) 6 years ago (edited)

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

$0.25

1 vote

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patroclus (50) 6 years ago

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.