Quote:
Originally Posted by crucifissio
they do not want to regulate bitcoin at all...they want to regulate anything that has anything to do with fiat being exchanged in to and out of shitcoins...
you can exchange 1000 fart-in-a-jar coins for 1000 shit-on-a-sidewalk coins all you like but the moment you want to use fiat in any way you have to comply with what ever regulation the issuers of the fiat impose on you...
they will make all exchangers comply and localbitcoin.com will become local-sting-coin.com...
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the point is - as soon it is also regulated and not anonyme anymore THAN you can see the real value it has.
i assume that 99% of all that bitcoin buys are from black biz because it is a good way to wash money. this ammount of money what made it exploding can not come from regular sources.
as soon this possibility is gone they do not have a reason to buy cryptos anymore and than they will hurry to take the wins out and go.
and then you see the same downward curve - just faster.