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RE: February 6th is shaping up to be an important day for Cryptocurrencies

in #cryptocurrency7 years ago

I hate to say it, but I think the markets will respond badly no matter what the announcement, simple because there will definitely be SOME extra level of regulation. even if it is ultimately good news. For example people seemed to respond to the news that banks were banning credit card bitcoin purchases as though it were bad news, but it actually is a very sensible move. It just seems that there are too many people in this space right now that hoped and believed it would remain the wild west forever, and anything but total freedom does not conform to their vision of how Cryptocurrency should be. I think we have a ways to do down yet before things stabilize again. HODL my friends. HODL!