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RE: SEC Sends Markets Deep In Red: "ICOs Are Securities, We Regulated You"

in #bitcoin7 years ago

So that was the real reason why the town is now painted red! I was thinking the recent BTC drop was because of the BCC issue. Due to ICOs ETH may be the biggest affected as it's the gateway for ICOs

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Yes, but it also casts a shadow over EOS, which wants to play on the same "smart contracts" field as Ethereum.

Exactly! I was supposed to buy a couple of bucks of EOS this payday but decided to hold out. EOS doesnt have much support aside from the $1.20ish if it goes further down who knows how low the price of EOS could do. I'm a long term holder but these events likely pushes back EOS support in the short and mid term.