Regulations are coming to the cryptocurrency markets... Regulations are not necessarily a bad thing.
They can be bad for certain cities or countries but they are not bad as a whole. This is just a phase and regulations are part of our normal financial markets and reality.
As a market grows, the need for regulation arises based on the monetary and political systems we use this day.
We have tens of thousands of altcoins. These altcoins are available for buying/selling, trading, across major exchanges.
Exchanges are against regulations because it messes up their business, so when the altcoins start to be regulated the major exchanges will delist them.
Why Bitcoin will rise to $150,000 and beyond suddenly?
Hundreds of altcoins are likely to be labeled securities all at once or in a short period of time. This will have a strong effect within the cryptocurrency markets.
Everybody buying/selling securities will fall under the wing of certain agencies. Exchanges offering these "securities", currently altcoins, will rush to remove them as they don't trade securities, they want to avoid trouble.
When hundreds of big and small altcoins projects are removed from major exchanges all at once, this will produce a strong effect on crypto, inciting money to fly from well and less known altcoins to the king of crypto, Bitcoin.
That's how suddenly everything can change and the market evolve.
Such a move would see the top cryptocurrency centralize most of the market capitalization that the smaller and less known altcoins now enjoy.
What is your take about this possibility? How do you see regulations affecting the altcoins market in the months and years to come?
Remember, whatever happens it will be a surprise... And these persons that control these agencies will make it as bad as possible for everybody involved as they hate our guts.
That's the old generation... They have lots to worry about because the system they built is truly messed up.
Since cryptocurrency offers a solution, a new reality, prosperity, freedom an alternative... They will try their best to blow it up.