If ETH becomes a security and is regulated, wont the price explode? I don't understand how this is a bad thing.
If ETH becomes a security and is regulated, wont the price explode? I don't understand how this is a bad thing
You aren't falling for the normie fud user. All the spergs on this board have no idea what the fuck they are talking about, and are constantly looking for the negatives in everything so they can justify necking themselves.
LMAO
Prices literally can't "explode" in regulated markets. Never.
Why?
I'm not worried about Eth. I'm still holding/mining it. I'm more worried about not being able to trade on any exchanges that carry my ERC-20 tokens.
This. I don't think the price will explode but it's not necessarily bad. It could attract more institutional money, make more large tech companies interested in devoloping Dapps etc.
Amazon 5x in 3 years. That not regulated?
>5x in 3 years.
5x in 3 days would be exploding in crypto markets.
You have no knowledge of how to invest.
Penny stocks that report to the SEC have more than 20x. I was in one actually. My average was .015 and it mooned to .27.,,unfortunately I sold at like .03 like an autistic fool
there is only a handful of coins that have 2x in the last 6 months. that bull run was a fluke
What was it?
>there is only a handful of coins that have 2x in the last 6 months
That's false.
ETH is not a stock, boomer faggot
Do you even know why ETH (or any other shitcoin if you will) pumped from 40 cents to almost 1000 USD ATH?
That's a 249900% return.
That's pure LACK of regulation.
If you are actually expecting something like this will happen in a highly regulated market you are clinically insane and deluded.
Read this faggots:
So you are saying ETH is actually worth 400 USD and it could explode even more under strict regulation?
LOL what are you 5?
Why this can't happen on a regulated market? Institutional money finally can get in. Trillions.
ETH ATH was almost $1500
I love how you referenced your own comment that nobody replied to (because it's fucking retarded) as if it was a reputable source of information. This market pumped because crypto is the automobile to fiat's horse and buggy, and if you're still too blind to see that I actually pity you.
Short term it's bad for price due to negative expectations and scam ICO's dumping their ETH.
Long term its good, as institutional investors aren't entering the market unless it's regulated