BitCoin and the SEC

https://www.cnbc.com/2018/03/07/bitcoin-just-tanked-below-10000-after-sec-says-crypto-exchanges-must-register-with-agency.html

'All funds are safe. There were irregularities in trading activity, automatic alarms triggered. Some accounts may have been compromised by phishing from before. We are still investigating. All funds are safe.'

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!what????????????????????????????

does anyone know what the SEC is for? (rhetorical question)

how long will bitcoin last?

hmmm going to keep my eye on Bitcoin, then. Might be a good time to buy soon.

Will also keep my eye on GPU prices :P

i would suggest never buying bitcoin until there is a lot more regulation around it.

The SEC can at any moment come in and shut the whole thing down in an afternoon

some people cant stand seeing other people have it easy so they got to make things hard for others because they had it hard...

That defeats the purpose of Crypto. It's supposed to be decentralized.

It's a rebellion against the fiat.

translation:

a haven for international money laudrying for weapons

Could be that too.

It's not like fiat doesn't buys crime too.