You are viewing a single comment's thread from:

RE: Bitcoin Dives! The Issues of a Low Liquidity Market

in #bitcoin7 years ago

I think the market reacted correctly to the announcement of exchanges needing to be registered as this will limit adoption and access to cryptos in the short term. However, this will be a positive measure to ensure adequate retail investor protection from fraudulent exchanges and scams. It will also increase the quality and security of the exchanges going forward which are needed given news in the past. The exchanges have made enough money to put proper compliance innplace. However, short-term volumes will probably continue to suffer.

Sort:  

Until the issue of regulation is sorted the market will react (positively or negatively) to every statement issued by various regulatory bodies. I agree with you that while regulation, if implemented correctly, will be positive for crypto long term, talk of regulation will probably cause further dips in the short term.