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Originally Posted by lewdog
I agree whole heartily with you on this as I've finally done enough reading to understand more about crypto.
The problem is determining the actual value of these are they are now unregulated but WILL eventually become regulated. There's still definitely money to be made if you catch a dip and are willing to sell for some profit, or got in really early on all of this. Also, I see one or two of these being adopted as the regulated standard.....so it's scary what happens to the rest in this sector. That feels very dot.com to me as they'll likely just disappear.
Those toying with purchasing now could be playing with fire IMO as I think regulation will really drop the value and likely for good.
I myself will not be putting any money into it because it feels too risky for my blood. Good luck to those who do!
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I disagree. Regulation is needed before it can be traded on real exchanges. Once this happens, derivatives, mutual funds and ETF'S are right behind. Before you know it, your gramma is buying it and your 401k owns some too.
The price will skyrocket.