I'm not surprised, but I am disappointed. The crypto community is going full retard tonight.
A - It's embarrassing how quickly this FUD spreads around the crypto circles. This stupid bill has been up since May 25th. It hasn't even been voted on. And even when it is voted on, the language of the bill changes nothing for your average crypto user. The only reason anyone is talking about this is because ZeroHedge decided to run an irresponsible article without context. B - Regulate digital currency? They'd have to turn off the internet. All I need to transfer bitcoin is to give someone the private key. I can text it to them. I can read it over the phone. I can hand them a slip of paper. The government can only realistically slow down fiat transfers on exchanges. And in that unlikely scenario, I welcome our new crypto economy. Everyone needs to chill. This is embarrassing.
I agree. This too shall pass. However consider it a gift to get cheaper prices while the weak hands fold. Those of us holding silver and gold know this game all to well.
Look at this as a fantastic buying opportunity. If your not in the game yet, you will want to get in now! Buy some more and relax :)
Zerohedge seems to be cointel propaganda.