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Author Topic: An issue or truth?  (Read 2249 times)

Offline bagas79

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An issue or truth?
« on: September 20, 2018, 02:58:05 AM »
Today I read the news at https://cryptoslate.com/binance-kraken-gate-io-referred-to-dfs-by-ny-attorney-general-for-potential-regulation-violation/. That the office of the New York State Attorney General (NY AG) has published a report announcing referrals of three major crypto currency exchanges to the US Department of Financial Services (DFS) for potential violations of state cryptocurrency regulations.

Is this news an issue, FUD, or is it a fact, and does this also affect the current market situation?

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An issue or truth?
« on: September 20, 2018, 02:58:05 AM »

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Offline altcoingamer

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Re: An issue or truth?
« Reply #1 on: September 20, 2018, 05:46:50 AM »
It doesn't really matter honestly.. like New York as a state entity has no control other than in the state of New York.  Another issue is they talk about algo bots being allowed to trade on exchanges.. guess what.. these absolutely exist if not more so in Forex and Nasdaq markets.. the whole article is just stupid in general... its a well-known thing that exchanges allow their employees to trade (look at the bitcoin cash accusation with coinbase... or the bitfinex tether printing.. or the bitmex accusations that they trade against peoples stop loss information)... people need to grow a pair if they're gonna get into crypto... its function for a long time without any regulation at all... and the idea that one state in one country is going to change all of that is just a ridiculous notion.

Offline marshmellow

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Re: An issue or truth?
« Reply #2 on: September 20, 2018, 09:12:32 AM »
This greatly affects the market situation and this is indeed bad news. If indeed the court there prohibits Cryptocurrency from being used as the currency of its citizens. That means we will lose some of our friends there who do business in the Crypto World. Automatic purchases are reduced and has the potential to reduce and reduce the crypto market price, bro.

Offline b-day38

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Re: An issue or truth?
« Reply #3 on: September 25, 2018, 03:58:12 PM »
Today I read the news at https://cryptoslate.com/binance-kraken-gate-io-referred-to-dfs-by-ny-attorney-general-for-potential-regulation-violation/. That the office of the New York State Attorney General (NY AG) has published a report announcing referrals of three major crypto currency exchanges to the US Department of Financial Services (DFS) for potential violations of state cryptocurrency regulations.

Is this news an issue, FUD, or is it a fact, and does this also affect the current market situation?

I think it's just a speculation that are trying to destruct the image of crypto currency so people may panic and continue to sell their crypto investment at a very low price.
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Offline Jun

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Re: An issue or truth?
« Reply #4 on: November 02, 2018, 03:17:59 PM »
 it's fake news to create distraction in crypto world if we listen this it effect us cause panicking afraid of losing so they will sell their coin in very low price indeed it's bad news
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Offline Seeyy

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Re: An issue or truth?
« Reply #5 on: November 02, 2018, 03:45:51 PM »
If indeed the court there prohibits Cryptocurrency from being used as the currency of its citizens. That means we will lose some of our friends there doing business at Crypto World. Automatic purchases are reduced and have the potential to reduce crypto market prices, this greatly affects the market situation and this is indeed bad news.
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Offline Galon

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Re: An issue or truth?
« Reply #6 on: November 04, 2018, 10:50:31 AM »
Fake news to create a disturbance in the crypto world if we listen to this the effect we cause panic fear of losing so that they will sell their coins at very low prices is indeed bad news.

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Re: An issue or truth?
« Reply #6 on: November 04, 2018, 10:50:31 AM »


Offline dimosha1

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Re: An issue or truth?
« Reply #7 on: February 21, 2019, 06:58:47 PM »
I think that this news is not a problem for cryptocurrencies and will not cause much damage to crypto

 

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