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Re:After the Bitcoin Boom: Hard Lessons for Cryptocurrency I... by rootusrootus on Tuesday August 21, 2018 @04:33PM (#17813512)
Good grief, I hope that does not happen. I think any professional financial services people who blatantly speculate with clients' funds should be on the hook for criminal penalties. It's one thing for Joe Blow to play the speculation game with his own money, it's entirely different for a professional to do it with everyone else's.
Re:After the Bitcoin Boom: Hard Lessons for Cryptocurrency I... by spiralx on Thursday August 23, 2018 @08:44AM (#17826737)
Don't worry, the SEC has now declined to approve two separate attempts at a Bitcoin-based ETF, both times citing the extensive manipulation of Bitcoin markets as one of the reasons. I don't see them changing their attitude given that rampant market manipulation is the main thing keeping Bitcoin alive at all right now.
Re:After the Bitcoin Boom: Hard Lessons for Cryptocurrency I... by tim333 on Wednesday August 22, 2018 @05:22PM (#17822315)
Trouble is Joe Blow often wants it. You say you want to invest in this thingy that seems to go up 100% a year or nice sensible bonds and quite a few will want the thingy.