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originally posted by: projectvxn
a reply to: Jay-morris
I do most of my trading through Binance.com
I do most of my trading through Binance.com
originally posted by: Gazrok
a reply to: Xenogears
Any solicitation wouldn't be allowed. They are pretty strict on that.
Monero seems to be the coin choice of the criminal element. Just as an aside.
Eventually only coins like monero can be the true future of cryptocurrency.
originally posted by: Gazrok
Eventually only coins like monero can be the true future of cryptocurrency.
Or, governments may simply outlaw it, rendering it instantly worthless. (or at least harder to unload).
Such is the risk.
originally posted by: Gazrok
a reply to: Xenogears
Yes, and unicorns will fart rainbows....
Sorry, nothing personal, but governments aren't going to idly stand by for it. I suspect they'll instead, be in for a penny, in for a pound, as they say. However, some coins will benefit, and others will disappear. That's the nature of this very volatile market.
Add in some government crackdown, and first, it will prevent exchanges from being able to trade it. That means just relying on private purchasers. It also means the value of any coin so outlawed, will plummet to almost nothing, so even if you have it in your hardware wallet, you won't get jack for it.
Not to dissuade you, but I also want to be sure you realize the level of risk involved here. Earlier this year, we saw what just the HINT of such a crackdown could do to the market. It basically crashed it, repeatedly. And that was just from ONE key player.