Good evening all! This is a major blow to the emerging crypto currency. I believe the past decade may have been a trial run by several governing entities to see how people will take to the next generation of currency. I do not know if the cryptos will recover from this, be ready for massive dumps across the boards. We all know anything on a computer can be tracked, regardless of what they tell you. And we know anything can be hacked as evidenced by the numerous glitches thus far. I would be ready for the cryptos that come out from Russia and China as State run currency, which should be somewhere around 2020 give or take 5 years, tough to know how far along they are from these test runs. But we know they are close, because they are now trying a new tactic by regulating them, which I know everyone here fully expected. If your new to this stuff, do not be fooled into thinking for 1 second that this is governing attempts to actually "regulate" cryptos, this is simply them trying to beta test more and see how people will react. Also bear in mind not all cryptos are created behind dark room closets in governing facilities, but the ones that jump out the most and are making the most profit most likely are. You have to remember, if you can print endless money and then use it to by crypto currency, you still in effect are completely running the show. Big highs, big crashes, just like the stock markets in my humble opinion. Take care and feel free to comment in my new works! I truly appreciate hearing from everyone as it broadens my views, be it positive or negative!
RE: SEC to blockchain community: You are now regulated