Posted on 06/10/2018 7:29:27 PM PDT by BenLurkin
Other major cryptocurrencies also fell. Ethereum dropped 14 percent to near $514 and litecoin fell more than 11 percent to around $104, according to CoinDesk.
The declines followed a report on Friday from The Wall Street Journal, citing sources, that U.S. regulators are investigating potential price manipulation at four major cryptocurrency exchanges: Bitstamp, Coinbase, itBit and Kraken.
The exchanges, CME and the Commodity Futures Trading Commission did not immediately respond to a CNBC request for comment on Sunday evening.
(Excerpt) Read more at cnbc.com ...
I’m quite content to stay with dull, boring mutual funds and treasuries.
Until the last election I was investing heavily in bullets, MREs, gold, and silver. I’m making money off of oil now.
Counterfeiting fake money?! Who’d have thunk this could happen?!!!
I know people who are in crypto, but I have doubts, and will wait to see how it plays out for them.
If you have over $10 in “Bitcoin” get the hell out. This is the tulip crash II . Please dont fall for this scam with your inflated dollars. It is all you have left.
*snort* *laugh* Investigation into *possible* manipulation. It is easier (and cheaper) to build a swarm to pounce on price fluctuations than it is to build a mining operation now.
But I must admit, I was completely unaware that congress passed laws to permit the regulation of cryptocurrencies, and even more unaware of any publication of said regulations that regulators are investigating the ‘violation’ of...
Cautiously buying the dip-again. I think it goes down to @ $4,500 and then just rockets. Whales are trying to shake out weak hands and buy low. If a few like me hang on well, we are just plankton. 95% of my money is in S&P and other boring funds. This is fun coupons and not for those with very little to invest.
I should also mention I am debt free (thank you Dave Ramsey), live simply, and my only vice is Diet Coke. If crypto is scam, I am fine with it. I will look at it as losing a bet
check decred....the guys who built bitcoin ...decred is bitcoin with improvements.
It is not currency.
bbb.......bbbbbu......bbb......bbbbut I thought that Blockchain was TOTALLY SECURE!
Nice. Thanks!
Same here...debt free via ramsey program.
We are into four different cryptos. Not heavy, but an experimental piece of change. We went in on the last major dip and agreed we are just gonna sit for 5 years and see what happens then.
I’ve gone into cold storage at this point. If we lose, well, we lose, if it shoots up; great. Never hurts to hedge.
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