HUGE CRYPTO PANIC DUMP INCOMING

> read the fucking article:
> medium.com/@cryptowhalex/leaked-draft-shows-european-union-set-to-be-first-major-jurisdiction-to-regulate-cryptocurrencies-c8e5c1bed062
tl;dr:
In a couple of weeks European Union plans to implement strong regulations on cryptocurrencies which will cause a chain reaction of panic sell-offs in the entire crypto market.

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Russia just did this too

>mfw reading this article as an xcm holder

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you think it isn't already priced in retard?

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RLC holders rejoice

Ooooooooooo

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feels good to get rich on the right side desu

>He thinks some all-caps pink wojak FUD is going to make me even think about selling right now

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Selling? No.
But you probably should think twice about buying more right now.

bullish as hell

>regulation coming for decentralized networks.
all they can do is regulate centralized shitcoins like libra and control fiat on ramps

You should sell

This. Do the work. Ripple is the only company that will be safe from these regulatory hurdles.

whales literally bought bottom and cashing out

This. Plus the news is old and we knew this was coming since June. Chances are OP wrote this article since he sold or hopes to buy more. He has also exposed he is bullish long-term (both in article and in this thread) so most likely trying to buy more cheap. This makes me bullish as someone is desperately wanting the price to decline since they are so certain it will go back up.

Everybody will trade to the pair that is not affected. If they make it hard to cash out you fly to the country that doesnt

>EU
>relevant
come on
diese dreckigen Kommunistennigger nehmen ihre eigenen Gesetze nicht ernst, siehe Dublin, Maastricht.
>hurr durr their legislation means something

BULLISH FOR MONERO

Do you honestly believe that FUD on Zig Forums has ANY influence on the multi billion dollar market of crypto?

ranted about state of LINK and crypto in general in other thread.

also fuck crypto without regulations, fuck tokenization without regulations.

Fuck ICO's DAO's IPO'S DeFI Binance Exchanges Future trading etc.

I wish i was degenerate gambler to use futures and start shorting this shit to the ground, but promises were made.

In terms of making money, crypto is good, in terms of actual tech impact on world - won't happen with current state without regulations. Cant argue with this if you have 3 digit IQ.

Regulation will cause a PUMP you moron since firms will have clarity that they can BUY!!!!!

which cryptos are safe?

Hahahaha that just brings about scarcity now. Rare and valuable things banned from the EU??? BULLISH

>what is chainlink

All that money will flow in ISO20022 coins.

Regulatory clarity is BULLISH you basement dwelling retards.

I mean yeah, everyone knows this is coming. That's why XCM is a good investment. They may end up being the only legal exchange while others scramble for compliance.

Does Tether count as major e-money token for this ?

guess who called this months ago?

all your shitcoins go to zero. STIFF

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based

cant wait for you crypto teenagers to go broke and fuck off

This is the fucking truth and it blows my God damned mind.

How don't you get it user.

We are so early that we're here even before industry regulations are implemented. That is the definition of being early in something