why would they ban it?Nobody Knows My friend.
Crypto is very risky space.
If someone claiming surety , Stay away from them.
US can banned crypto overnight . That affect Crypto space very badly.
U.S. Treasury Secretary Janet Yellen on Wednesday warned about an "explosion of risk" from digital markets, including the misuse of cryptocurrencies.www.cnbc.com
With everything political, it is a gamble which only the insiders can know in advance.I can see more countries banning banks from facilitating crypto related payments. It's a case of protecting the integrity of their banking systems against misuse.
For example if that ever happens in US everyone globally will head for exit as every local and global bank dealing with a US bank will be forced to ban crypto transactions also overnight and follow US rules in order to continue having access to dollar processing ability. The net effect would be a flash crash as investors sell to exit ahead of rule changes and those companies offering fiat loans against crypto have to liquidate their clients crypto as crypto prices tank and margin calls ring out. All this could drive price down 80-90% in a day.....lol.
Anyway if you want to know which cryptos could go 1000%+ in future ask WallstreetBets mob or Elon Musk which coins he plans on pumping in future with tweets .
This is a madman they put in as mayor then....lol. All the reason to ban it in US from banking sector before lunatics with these ideas are allowed to put money near a volatile speculative product.With everything political, it is a gamble which only the insiders can know in advance.
Miami seems to go the opposite route tho.
(Miami, FL) -- The mayor of Miami, Florida wants to let people pay taxes with bitcoin. Mayor Francis Suarez also thinks the city should offer employees the optiwww.850wftl.com
Looke into this
India is planning to go ahead with a complete ban on cryptocurrency investments, according to a report published by Bloomberg.www.financemagnates.com
The question is will they do it before or after their civil war?What banks in America are discussing below is what CBN in Nigeria has already reacted to immediately by banning crypto from banking system and India is planning to do also.
Cryptocurrencies "challenge the ability of governments to levy taxes and to control capital flows more broadly," the report says.www.coindesk.com
P.S America moves sloooooowwww but will also ban it from its banking sector at some point. Never put any action past the US government....lol.
I would go with new projects (12/2017+) since they do not have bagholders wanting to dump on you.I can't see Doge hitting 100% any time soon, this is unless Elon makes another appearance on twitter or social media.
I think the market is riding high from the recent news on Bitcoin and Tesla, but I still think there are some Altcoins which could have a good run.
IOTA - they have been doing well over the last week or so, and I believe they still have some more updates being launched on their blockchain in the coming weeks. Updates Include the new Nodes which have taken a lot of criticism recently .
VeChain and Ziliqua.
be interested to hear our thoughts.
it follows exactly the s2f model. I wonder when most people will understand that.crazy how ziliqua has moved so high, it hold super strong against bitcoin ... must be something behind it.
Filecoin made some noise very recently, thinking of jumping on it ... my guess is a lot of whales have been accumulating this and its starting to move.
Also the NFT tokens, chamath is building a big position on NFTs through his investing firm apparently.
that said I think bitcoin and Eth will do something big in the coming weeks, the momentum is mad right now ...
yea sure but on a short time frame it could get wild fast and when it pumped the altcoins bleeds so I'll wait a bit before switching some to alts.it follows exactly the s2f model. I wonder when most people will understand that.