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RE: Bitcoin's Back to Support Just Like That

in #timm6 years ago

I can only agree with what you are saying.
What do you think caused us coming back down? I feel like this news was what caused it. We all know that regulation will always bring crypto prices down, but then we will be good to go on long term.

US Congressman Announces Plans for Federal Cryptocurrency and ICO Regulation

https://cointelegraph.com/news/report-us-congressman-announces-plans-for-federal-cryptocurrency-and-ico-regulation

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I actually thought this news was positive. He doesn't want ICOs to be tagged as securities, but have a stand alone regulation. We will never see mass adoption without regulation, sadly thats just the way it is.

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