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Messages - mlawson71

Pages: 1 ... 147 148 [149] 150 151
2221
Bitcoin Forum / Re: Buy Bitcoin VS. Buy Gold
« on: December 04, 2018, 03:49:14 PM »
Bans don't work, in my opinion, people just found a way to circumvent them. It happened in China and it happened in India, of course it would happen in African countries too.

2222
Legality & Taxation of Cryptos / Re: Can the government destroy bitcoin?
« on: December 03, 2018, 02:48:15 PM »
Well, China banned cryptocurrencies and that hasn't stopped anyone there, so I doubt it will have much of an effect anywhere else.

2223
Bitcoin Forum / Re: Is it Game Over for Bitcoin?
« on: December 03, 2018, 02:41:58 PM »
I think that cryptocurrencies in general will become more and more mainstream over time globally. Whether that will include bitcoin too remains to be seen, however.

2224
The lack investor protection hinders the approval of Bitcoin exchange-traded funds (ETFs) the Securities and Exchange Commission (SEC) chairman Jay Clayton.

The main concern for Chairaman Claiton remains the fact that cryptocurrencies can still be too easily stolen or manipulated on the so called crypto exchanges. The remarks were made at the Consensus Invest Conference in Manhattan, New York. He added that the problem has to be resolved before SEC would make any move to allow the first Bitcoin ETFs.

“What investors expect is that trading in the commodity that underlies that ETF makes sense and is free from the risk of manipulation,” Clayton said, adding that such “kinds of safeguards do not exist currently in all of the exchange venues where digital currencies trade… It’s an issue that needs to be addressed before I would be comfortable.”

Stock exchanges like the New York Stock Exchange have surveillance systems, designed to prevent and investigate any abusive and manipulative activity.

In the recent months SEC rejected a couple off applications for Bitcoin-based ETFs on the ground that there is still a significant risk of market manipulation.

Source: https://theforexreview.com/2018/11/29/sec-the-lack-of-market-surveillance-is-an-obstacle-to-bitcoin-etfs/

2225
Bitcoin Forum / Re: Buy Bitcoin VS. Buy Gold
« on: December 02, 2018, 01:51:52 PM »
Come to think about it, I have traded Silver more often than I've ever traded Gold, but between the three I prefer Bitcoin.

2226
Bitcoin Forum / Re: And Bitcoin Keeps Dropping!
« on: December 01, 2018, 02:54:07 PM »
Hopefully this was the end of the depreciation and we'll see a new rally next week. We'll see.

2227
Bitcoin Forum / Re: Was $3.5K the bottom for Bitcoin?
« on: December 01, 2018, 02:50:37 PM »
Bitcoin may have hit a bottom after all. I just hope we'll finally see a proper rally next week.

2228
Bitcoin Forum / Re: And Bitcoin Keeps Dropping!
« on: November 30, 2018, 03:46:32 PM »
It hasn't broken out below the last low yet, so the depreciation has not continued, but at this point I am not holding my hopes up.

2229
Bitcoin Forum / Re: What will happen to bitcoin after 5yrs?
« on: November 30, 2018, 03:42:10 PM »
Some time ago I heard some quite generous predictions that it would eventually reach $200,000, who knows, maybe we will see that happen.

2230
Bitcoin Forum / Re: Was $3.5K the bottom for Bitcoin?
« on: November 29, 2018, 04:42:36 PM »
It looks that way for now, but I think only time will tell. I certainly hope that was the end of the depreciation.

2231
Cryptocurrency Price Speculations / Re: Bitcoin is coming back
« on: November 29, 2018, 04:38:36 PM »
It did find some support, finally. I truly hope that this was the bottom and the only way will be up from now on.

2232
Did they actually manage to steal anything or was the hack stopped in its tracks?

2233
What exactly are they planning to do about it, I wonder.

2234
Bitcoin Forum / Re: Is it Game Over for Bitcoin?
« on: November 27, 2018, 03:49:16 PM »
It won't be game over until people quit mining and trading it altogether, and I don't think that will happen anytime soon.

2235
A US federal court ordered a New York company to pay $2.5 million in fines and restitution for running a Ponzi scheme that scammed at least 80 people, who thought they were investing in bitcoin.

The Commodity Futures Trading Commission (CFTC) took action in this first ever ant-fraud bitcoin related case in September 2017. The court ruled that Gelfman Blueprint Inc. and its CEO Nicholas Gelfman solicited more that 600 000 USD from retail investors between 2014 and 2016 by claiming their funds were part of an algorithmic trading strategy.

“This case marks yet another victory for the Commission in the virtual currency enforcement arena,” said James McDonald, director of enforcement at the CFTC.

Source: https://theforexreview.com/2018/10/24/bitcoin-scammer-ordered-to-pay-over-25-million-usd/

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