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/biz/ - Business & Finance


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7976506 No.7976506 [Reply] [Original]

EU stands ready to regulate ((((ban)))) COINS.

>“We do not exclude the possibility to move ahead (by regulating crypto-currencies) at the EU level if we see, for example, risks emerging but no clear international response emerging.”
basically saying if others don't ban we will 100%
>“In order to make sure that retail investors do not fall prey to market manipulation and fraud, virtual currencies should be regulated as other financial instruments,” Ferber said in a statement.
random bullshit zero sense argument
>Germany and France said this month that, while new opportunities arose from crypto-currencies, they could also pose substantial risks for investors and be vulnerable to financial crime without safeguards.
hurr hurr risky asset we need to protect the ppl

>G20 finance ministers and central bankers meet in Buenos Aires in March, with crypto-currencies set to be on the agenda. The EU will decide how to address the issue later this year or early in 2019, the financial services commissioner said.

COINS BANNED 2019 WE HAD A GOOD TIME.

reuters com/article/us-crypto-currencies-eu/eu-says-stands-ready-to-regulate-crypto-currencies-idUSKCN1GA1Q3

>> No.7976644

>>7976506
> "says stands"
Didn't know Reuters had shit grammar, nice try though

>> No.7976661

>regulate
>ban
gfu nigger

>> No.7976663
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7976663

Ahahahaha rest in peace yuropoors

>> No.7976664

Regulation doesn't mean banned you stupid fuck. It's the final gateway we pass before the masses flood in.

>> No.7976724

OP really thinks Yuropoor shit government can ban cryptos if they can’t even regulate rapefugee mass invasion

>> No.7976759

Who cares about cryptoCURRENY it's all about smart contract (platforms).. bitch

>> No.7976764

>>7976724
That was intentional anon

>> No.7976792

>>7976724
If the governments wanted refugees out they would be out, don't kid yourself.
Hopefully somebody nukes brussels and every EU scumbag. These people need to fucking die.

>> No.7976800

>>7976764
who said this isn't

>> No.7976802

>>7976506

Oh no, not regulations. Now normal investors won't get horribly burned and driven away by Pajeet scam artists. We're doomed. Doooooooomed.

>> No.7976834

>>7976759
>Who cares about cryptoCURRENY
goddamn yuroteeths cant even pronounce the dumb shit they say anymore

>> No.7976837
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7976837

>>7976506
FUCK OFF NORMIES
I DONT WANT TO LOOSE MY INTERNET MONEY

>> No.7976863

>>7976834
You mean spell

>> No.7977023

>>7976506
>tfw in Europe but not in EU
haha plebians

>> No.7977086

It was fun while it lasted but these boomers will fuck us one more time before they die off and we move on with basic income and BTC as the gold standard

>> No.7977120

From todays Press Release European Commission:
"the blockchain technology holds strong promise for financial markets. To remain competitive, Europe must embrace this innovation"

>> No.7977182

>Ark becomes the only legal crypto in Europe

Pls pls pls pass these laws

$1000 EOY

>> No.7977211

>>7977120
This.

>> No.7977245
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7977245

>>7976506
here are the links to the lifestream, the source of ops clames
ps. OP please KYS, fudspreading niggerkid
http://ec.europa.eu/avservices/video/player.cfm? ref=I151506
http://ec.europa.eu/avservices/video/player.cfm? ref=I151507
the eu is actually unexpectedly open and wants to adopt

>> No.7977263
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7977263

>>7976506
They have to make sure mehemet gets his fair share of the taxes gained from crypto

>> No.7977295
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7977295

>oh no people are getting financial freedom and are stopping being slaves to the machine
>PULL IT

>> No.7977297

>>7976506
kys, nigger

>> No.7977298

>>7976837
wut anime (i'm at work)

>> No.7977315

>>7977245
This desu

>> No.7977327

>>7977298
franks in my darling

>> No.7977332

>>7976506
If it's some shit about making it hard to join ICOs or something like that I don't care. Anyone touches what I consider my fairly earned property I'll chimp the fuck out to my death. Not going to leave them have the one thing that's worked out in my life for free, they can't even have a bit.

>> No.7977337

>>7977298
franks darling is in the XX

>> No.7977389
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7977389

>>7977245
For those incompatible with moving images:

http://europa.eu/rapid/press-release_SPEECH-18-1242_en.htm

>> No.7977418
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7977418

>>7977182
fuck yeas

>> No.7977454

>>7977327
>>7977337
Thank you kind anons. Using a tablet with 1 hand is horrible.

>> No.7977457

>>7976506
No its not. I met EESC officials and they were pro-crypto.

Regulation is a good thing for adoption. ICOs are madness right now.

>> No.7977491

>>7977120
wtf is a blockchain
is trx gonna be worth more than btc or not???

>> No.7977506

>>7977491
top k3k

>> No.7977515

>>7977491
yes thats what he said 1trx=1btc
all cryptocurrencies must be equal to fit the european commusitic government
everyone also only gets one token of his choice

>> No.7977563

>>7976506
>>
so i only have to use TOR

>> No.7977591

and how are you going to ban me from using decentralized networks if i'm not on any centralized exchange and don't touch fiat at any moment?
you do realise nobody in france is cashing out crypto anyway. qualifies as income and taxed at 62.5% over 150k+ gains
i suppose this could change something for krauts but honestly who the fuck cares about germans. they've voted 4!!! times in a row for importing rapefugees in their country and bleed it all over europe, they can suck it

>> No.7977594

>>7977515
ty sir
so if i just buy all the cheap coins ill be rich asf xD

BLOCKCHAIN 20 TRILLION BY 2020

>> No.7977666
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7977666

>>7976724

>> No.7977695
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7977695

>>7977086
next boomer stop: 20-30 years of premium care

>> No.7977827

>>7976506
not selling a single coin. go fuck yourselves euros.

>> No.7977887
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7977887

>>7977182

Don't worry anon once we Eurofags actually get aware of the pure gold we've got with Ark and Iota we'll be gud

>tfo Burgericans when they notice they've come up with shitty centralized Ripple and not much else

>> No.7977918
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7977918

>>7976724
classic'D

>> No.7978309
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7978309

>>7977887
>When Ark faggots who are ignored on /biz only hope is an EU crypto ban...

>> No.7978392

>>7976506
>2019

Will be too late by then. Rip fractional banking machine.

>> No.7978470

>>7977182
Arks lead dev is doing a talk on crypto in Geneva, after the March G20 summit. Ark moon.

>> No.7978533

Listen up you fucks, G20 summit is between 18-20 March and they will be talking about cryptocurrency.
So there will be plenty of FUD articles like the one in OP which will cause yet another bear run so Tether up.
The result after the G20 summit will be the exact same result as one from the SEC meeting yet the media will creat FUD to drive down the price to buy the dip.

>> No.7978557

Not gonna happen. Governments basically shitting themselves, one wrong regulatory step could cost them their competetive edge.

>> No.7978571

>>7976506
US regulates. SK regulates. Income the institutional money.
When will you stupid fucks realize regulation is the only way for crypto to go legit and survive.

>> No.7978704

>>7976506
Wow the EU is kinda late behind Russia

>> No.7978743
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7978743

>>7976506
>he thinks eu will exist in 2019

>> No.7978760
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7978760

>regulation means ban

>> No.7978786
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7978786

>>7978571
wrong. crypto will see the rise of ancapistan

>> No.7978818
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7978818

I've never laughed harder in my life since learning about buttcoin 6 years ago.

ITS OVER. GET IT THROUGH YOUR HEAD NEETS.

GAME OVER

>> No.7978846

>>7976506
nice FUD, 3/10

>> No.7978865

You neets keep talking about your 20 trillion market cap but at the same time are dead set against normies entering the market. The fuck do you want?

>> No.7978882

>>7978818
Any day now, just keep waiting and some day you'll get the last laugh :)

>> No.7978926

>>7976724
>implying it isn't by design

>> No.7978943

>>7976506
regulate=/=ban dumbass

>> No.7979180

>>7976506
lol why does literally ANYBODY still listen to these criminals?

ignore them completely

they can't do shit

they're saying they can regulate and/or ban math

>reminder
>https://www.cnbc.com/2018/02/20/south-korean-cryptocurrency-official-found-dead-at-home-reports-say.html
>we will be seeing more and more and more of these sorts of things in the coming years

>> No.7979512

>>7976506
I thought you had to be ann american citizen to buy crypto? I didn't know it was a universal thing

>> No.7979690

>>7976506
>regulate
>ban
>thinks it's the same

please off yourself

>> No.7980139
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7980139

>>7976506
>crypto banned
>perfect example of why crypto is needed
>crypto moons harder

>> No.7980212

How is "we need to protect people from fraud" a "random bullshit zero sense argument" when the history of crypto is ripe with scams?

>> No.7980263

So sell everything and cash out op. Do provide proof too.

>> No.7980282

>>7978533
There's a difference: G20 features not just regulators, but also finance ministers and central bank governors.

Central banks just care about people not taking out loans and mortgages for volatile and risky investments as they're still traumatized by the 2007-2008 credit crisis. There are 2 exceptions: the IMF (muh electricity) and BIS (muh ponzi). Maybe because crypto has a chance of reducing their power and turning them obsolete.

Regulators just don't want to look bad when shit hits the fan, so they'll release a billion warning statements.

Finance ministers are the ones to watch. They're susceptible to lobbyists from commercial banks as well as angry nocoiners and ATH FOMO normies. Expect a lot of muh money laundering, muh terrorists funding, muh tax evasion.

>> No.7980304

>we need to protect investors
>except when we create housing, bond and stock market bubbles and print unlimited amounts of money from thin air reducing the purchasing power of the people to nothing and bailing out our Jewish friends in banking

>> No.7980315

>>7980139
How are you going to buy or sell if exchanges are banned. We are here to make more money not to larp as cyberpunks.

>> No.7980441
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7980441

>>7980304

>> No.7980465

>>7977298
Frankissu suckah my Darling's Balls

>> No.7981021
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7981021

>>7976506
>>7976644

>> No.7981130

>>7977245
>>7977389

>it's a great opportunity but also potentially risky
>also money laundering
>so let's keep an eye on it and see

So, great news really unless you're one of those morons who would rather be in a secret club than make money?

>> No.7981683

>>7976506

>"We concluded that:

First, the blockchain technology holds strong promise for financial markets. To remain competitive, Europe must embrace this innovation."

SOURCE: http://europa.eu/rapid/press-release_SPEECH-18-1242_en.htm

FUCK YOU GOYM PAJEET FUD SPREADING MOTHERFUCKER!!!

>> No.7981748

>>7976506
it's the most retarded analysis I have ever read in my life.

it's not even close to what the article says and the question is if they do something at all.

>> No.7981860

Breaking news tommorrow!

>> No.7981883

>>7976506
same shit the US said

>> No.7981912

>>7976724
You realize they dont want to regulate that right? They want whites replaced

>> No.7981948
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7981948

>EU bands crypto
Try it m8

>> No.7982282

>>7978865
We don't want them to enter UNTIL WE ARE DONE ACCUMULATING YOU STUPID FUCKING FAGGOT.

>> No.7982767
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7982767

You wanna know which coins will explode if crypto is banned? That's right, privacy coins. Load up on Sumo now boyos.

>> No.7982845

>>7982767
dumbass, private coins are the only ones that are gonna get banned. if they are traceable and comply with regulations there is no reason to get banned

>> No.7983279

>>7982845

Hahaha. Think about what you just wrote for a minute.

>> No.7983492
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7983492

>>7982845

>> No.7983606

>>7982845

>Being this retarded
The absolute state of /biz/

>> No.7983654
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7983654

>>7983279
>>7983492
>>7983606
>hurr muh digital corns are unbannable because I said so!!
stay retarded

>> No.7983839
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7983839

>>7983654

how are you going to enforce a ban on an anonymous untraceable 100% fungible cryptography backed digital currency you brainlet?

>> No.7983896
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7983896

>>7983839
if exchanges are prohibited from selling it how will people buy it and use it brainlet?

>> No.7983914

>>7983896
>>7983896

decentralised exchanges are already a thing

>> No.7983978

>>7983896
If Craigslist and backpage can't have escort sections anymore, how are we supposed to buy hookers from the comfort of our smartphones?

>> No.7984636

Brexit lad here

Who's laughing now?

>> No.7984659
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7984659

>>7976506
Brexit lad here

"you're not laughing now"

FEELS GOOD

>> No.7984996

>>7983839
You make so if you cash out to a bank account that account will be frozen and all funds are seized by the government. They will also ban all bank/credit card to purchases to things like coinbase. They can't regulate what you will trade they will just ban you from ever putting money in or cashing it out using banks.

>> No.7985461

>>7984996

government cannot move faster than the free market can provide solutions to these problems.

Sumokoin banned? Trade it for fartcoin on fartexchange.io. Fartexchange.io banned? Trade your Sumokoin for asscoin at the waves exchange. Trade asscoin for eurocoin at binance, and cash out your eurocoin to your government approved bank account to pay rent with.