3 Bullish Reasons for Crypto. Ethereum SEC Hearing

in #crypto7 years ago (edited)


The SEC hearing is scheduled for today, there looks to be no reason for Ethereum to be ruled as a security according to the current laws.
The government is poking and prodding at how to contain the uncontainable.

Brian Kelly gives 3 reasons to be bullish on crypto right now.

Happy Investing C# HODLCREW

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If bitcoin is the big toe, would you say eth is the 2nd biggest toe?

Great video! Upvoted, followed :)

Soon, my apprentices, the bull run will explode the cryptocurrencies.
Everyone should turn to the crypto side.

I have experienced bear trap in the past. As you said if too many people expect it, it eventually doesn’t happen and then everyone who waited for this dip starts buying on the way up. It’s gonna be interesting to watch it. It’s fun though since I’m a long therm investor. South Korea relaxing regulation for crypto is just a start of good news. It’s always like that, flood of bad news replaced by flood of good news. SEC meeting “behind the closed doors” was just a laugh and noice of nothing. They just have no idea what blockchain and ETH is. Imagine what would happen if they ruled ETH as a security. All hell would get loose. Anyway with good news from Korea and sentiment still bullish I think we get this bear trap instead. Right now ETH at $757.00 and climbing.

I agree with, you SEC “behind the closed doors” is a laughable. Some said it was a hoax!

According to you buddy.... There's an imminent high coming up! This May will be the golden month. And just the most important cryptocurrencies have events throughout the month of May.

hi investing, i support your work, good job.
I thought Ethereum was a security.

This comment has received a 0.08 % upvote from @speedvoter thanks to: @moon-girl.

I am totally agree with brain kelly three reasons!
And you know the biggest one is Golden sachs interest in crypto!
Block chain event will.also put huge change!

i agree with these three reasons and proud to be a member of #holdingcrew, thanks for the info bro

I am finished 14 min 27 sec video...I always follow you @investing for crypto update and analysis...Your update are more effective than others .... Your analysis and discussion is more important for trading and more effective for every blockchainer.. I think, Your videos are need for every blockchainer..

Hello, @investing, it is time for the cryptocurrency to be valued for what they are and will be, the first months were constantly mistreated, we hope that everything changes,, the market tends to change upwards.
Happy week :)

May, june and july are bullish months august,september and october are bearish months so is just follow the cycles to get good profits :). Regards

Thanks for crypto news update providing....I appreciate this Bitcoin. best of of luck.

Yes, His update are more effective and
important for crypto holders...@triptybarsha

I personally do not believe that the governments can do anything against Ethereum, nor with the other cryptocurrencies.... The truth is that the time has come for the world economic system, and now the new economic revolution is coming. The bitcoin revolution!!

great video sir @investing great helping crypto post thanks

i am @sansastark

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another great crypto analysis ,,its so great news for SEC ,,its
so fentastic crypto update ,,,its present world is based on crypto,,
i agreed your video,
,i watched

You have written a blog posts about cryptocurrency every day and your post quality is really great because you have done the right analysis and then gave you the right news about cryptocurrency. Today, the Etherium you tell about is actually playing the leading role and the things you said are true. The reason for the very important community is on community cryptoconference Carefree!

More specifically, the U.S. Senate Committee on Banking, Housing, and Urban Affairs will hear testimony from two of the most important regulators on the planet: Jay Clayton of the U.S. Securities and Exchange Commission (SEC) and J. Christopher Giancarlo from the Commodity Futures Trading Commission (CFTC).

Together, Clayton and Giancarlo oversee cryptocurrencies within the U.S.

Both have launched lawsuits against shady crypto organizations, while also stressing the need for continued innovation. It is a tightrope position—lean too much in either direction and catastrophe ensues.

As a result, Clayton and Giancarlo might tackle specific issues during their speeches.

We got an early look at their testimony this morning. One of the targeted issues is “FOMO”—otherwise known as the “fear of missing out”—and the opportunities it presents to con artists.

wow 3 reason are more important for us. thank you for sharinf.

I love etherium among all crypto. It sgould take best security against stolen upvote and resteem sir.

Will Ethereum be dubbed a security by SEC? If so what will the implications be? Will it suffer a major hit in terms of its price and crash. Or will it crash but recover quickly as the long term fundamentals of Ethereum dont change. I suspect the latter is most likely to happen.

If Ethereum is indeed dubbed a security, so will most of the coins in the market. That may cause a crash in the overall cryptocurrency market and will cause a renewed bear market. But I suspect common sense will prevail and Ethereum will not be tagged as a security.Fingers crossed , now lets wait for what SEC has to say on this.

i just watched your full video,,oh its Ethereum SEC ,its sure that
its fully great analysis,in the ppresent time ETH value is raising so greatly
,its so great review of crypto..
thanks for another great update
crypto will lead world in future
no doubt it has a fentastic future @investing

obviously @investing give all time a great crypto update
i agreed

I wonder how huge impact of upcoming events is gonna be.As you say there's something coming out besides Consensus 2018,not as huge but still.Upcoming rise could be on of the factors why crypto will go moon this year.I mean it's not just that but another decent spike would make masses interest in crypto once again(propably even mainstream medias)I wonder how everything is going to roll.However I would love to know your opinion about current Steem state.I've been recently hearing a lot of hate going on about Steem and Ned himself.Mostly about bad management and wasting potential.Do you personally think that Steem is good currency to invest in?It's based on great project and has huge potential but as we all know there were MUCH bigger companies in the world which did fall because of mistakes that were made.Anyway thanks for posting interesting stuff once again😁🤔

This will certainly leads to a surge in the price of ethereum, but I don't like the idea of the sec to try and be involved in the ethereum blockchain because it will definately leads to manipulation of the ethereum blockchain on the long run.

i resteem your post sir. please support me @investing

The main participants who testified to the Senate Banking Committee were the Securities and Exchange Commission (SEC) Chairman Jay Clayton and the Commodity Futures Trading Commission (CFTC) Chairman Christopher Giancarlo. Clayton was appointed by Trump in January 2017; Giancarlo was nominated as Commissioner by Obama in 2013. Both had storied careers in finance and the private sector. The Senators who seemed the most interested and asked the most relevant questions were Elizabeth Warren (D-MA) and Mark Warner (D-VA).

Sir i just follow you on YouTube now on steemit, thanks for providing us a informative platform.

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What a good post. It's showing the right way to invest. I like to invest on Bitcoin.

wow... great sound arounding.... no more here,,, just I'm going to visit your channell as first time.

thanks for the great share

If Ethereum is indeed dubbed a security, so will most of the coins in the market. That may cause a crash in the overall cryptocurrency market and will cause a renewed bear market. But I suspect common sense will prevail and Ethereum will not be tagged as a security.Fingers crossed , now lets wait for what SEC has to say on this.
Resteemed

Great update sir thanks for share Screenshot_20180508-063904.png & special video

great video sir really interesting thanks for shareing this i am @deybala

thanks for shareing resion sir @investing & thanks for this great contest i wanna winning this
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I believe at the end ETH will figure these slow transactions issues. I agree on proof of stake and perhaps delegated proof of stake success will eventually push ETH up. That’s one of the main reasons along with smart contracts I’m invested in ETH and EOS as well. They will “not” eventually categorize ETH as a security. Look at today’s meeting. It was a just another FUD 😆 created by central banks as you mentioned. BTW “NO RULING TODAY” what a surprise! Brian Kelly is a good guy with common sense.

Just as at when I thought Ethereum was a security.

Great video investing !!
congratulation

thanks for update sir @investing i iam watching your video naw
thanks for contest

Wow! Great work investing! Your post has appeared on the hot page after 40min with 114 votes.

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Market is showing a downtrend now but it will rise soon.
Like the video and commented too!

You have expalined each and every probability why crypto is bullish,missed your videos a lot hope we can again see you daily,you are a magician in crypto.not an easy job to do sir but you are doing with ease.

Those are pretty much identical reasons can see your work behind this @investing.

g.reat vidoe sirUpvote follow and resteemed.
:)

Wonderful video sir
thanks for sharing

ethereum has got more edge than any other its all set to be bullish

Great post......

we just have to wait for what happens