We have laws to deal with fraud in virtually every nation around the world and none of them require regulation of cryptos to accomplish it.The very nature and original idea of cryptos was to get away from central bankers.a new investor class has sprung up, one where anyone can participate in the new Gold / Silver rush each to his own ability. Its a truly free trade market where prices are decided by simple supply and demand
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Big money will never pour in in such an environment. Hedge fund managers and institutional managers cannot afford to pour money in assets, that are that volatile. Also if you look at the ICO's, big chunk of them are total scams, with no idea and will be gone pretty soon.
$350B since Thanksgiving is pretty big money.
And more will continue to roll in regardless of whether cryptos are regulated or not.
You might be right. But I think most of the money in the market lately was for a quick buck, not for the long haul. Just my 2 cents.
Why would they suspect BTC would make them a quick buck? What will happen when bubbles start popping?
$500B is .1% of bubble money.
Think about that.
That could be true...although that type of change, $350B is a lot of dough....the only ones I know who can pile in that much is Wall Street. I believe they are here. For months we heard counts of the number of hedge funds raising money for crypto...I think this is the result of all those funds.....
I believe we will see rotation plays as opposed to the money coming out. Run up bitcoin, dump and go to ETH...dump ETH and to go LTC...then back to BTC...
Although that still could be down the road since most of the money is not in here yet.
I said $1.5T by the end of 2018...it looks like that will be far eclipsed.
Only coinbase was adding 100k + users a day. Not to mention other exchanges and so on. I think it might be both. Let's call it a tie :)
That's great news! So, where's that $15B that was stolen by fraud from Mt. Gox?
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