Time to face facts- the SEC are going to make some rulings on crypto soon that will see many scams removed. When it happens, many leveraged investors are going to pull right out of crypto altogether.
IOTA is going to drop back below the dollar because the moment the SEC decrees that bitcoin can’t just fork again for the sake of ‘new technology’, many failed assumptions regarding infinite money making will result in quick-fire dumping.
The moment the SEC decrees that ICO’s are illegal nonsense, the whole market is going to dive like never before.
Either you hold and ride it no matter what or, you sell now and wait with your cash. If you decide to hold, you better make sure you have quality crypto because many are not going to survive if they are unwanted.
There will be 1600 crypto’s by April and 99.9% of them are totally useless. This bubble of total crap crypto has to burst.
- The whole tether scam looms large and the SEC could, at any moment, announce that tether is a complex scam for inflating the price of bitcoin. When that happens it will be the crypto-apocalypse as bitcoin will fall like never before and pull everything down into a black hole with it.
This feels just like the final moments before the dotcom bubble burst…