U.S Senate hold ANOTHER MEETING!!!
Bitcoin is once again booming today after the us discussed the introduction of laws to combat the very volitilie cryptocurrency and stop digital currencies from being used!!!
This morning bitcoin ripped like a corvette or Veyron on a 0-100mph launch by almost a third and all the other currencies are showing growth too (see my post on ripple and the break out!!!)
bitcoin is now sitting at just shy of 8000.00
the surge was probably cause by the us senate hearing today on cryptocurrencies in which the chair man of the security commission said that we may be back with our friends from the treasury and feb to ask for additional legislation.
if the new laws pass it will literally cut bitcoin off at the knees however people in the crypto worl need to prepare for all angles and I'm sure they are doing just that because it wouldn't totally ban bitcoin.....in fact it could end up being more stable. the new laws could actually make the currency more attractive to investors because of the wild volatility it will cause in the beginning and volatility is totally awesome right!!!
Also china has effectively banned the currency and you need to make sure you see my post on that and also what Taiwan is saying about their position!!
good luck friends and please keep reading and don't forget to subscribe and follow and leave your comments
Ledger Nano S Cryptocurrency Hardware Wallet check this out for security
This morning bitcoin ripped like a corvette or Veyron on a 0-100mph launch by almost a third and all the other currencies are showing growth too (see my post on ripple and the break out!!!)
bitcoin is now sitting at just shy of 8000.00
the surge was probably cause by the us senate hearing today on cryptocurrencies in which the chair man of the security commission said that we may be back with our friends from the treasury and feb to ask for additional legislation.
if the new laws pass it will literally cut bitcoin off at the knees however people in the crypto worl need to prepare for all angles and I'm sure they are doing just that because it wouldn't totally ban bitcoin.....in fact it could end up being more stable. the new laws could actually make the currency more attractive to investors because of the wild volatility it will cause in the beginning and volatility is totally awesome right!!!
Also china has effectively banned the currency and you need to make sure you see my post on that and also what Taiwan is saying about their position!!
good luck friends and please keep reading and don't forget to subscribe and follow and leave your comments
Ledger Nano S Cryptocurrency Hardware Wallet check this out for security
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