Let the Indian government regard it as ponzi for all i care, cryptocurrency is here to stay. The market trends and its volatility in both upward and downward trends makes the music in trading.
The rapid spikes and downward spiral is enough to get day traders neck pinned and their intestines rustling but its good for the market that forex is not the only regulated trading in the world
It can only get bigger and better with altcoins spillover here and there - both the good, the bad and the ugly. Such is a new trend and its something to look out for everyday in a bid to accumulate some coins in the wallet as exchangers have a field day in high transaction fees.
Great post by @penguinpablo
I agree with you by reading pros and cons of crypto currency here:
https://steemit.com/crypto/@techstack/pros-and-cons-of-crypto-currency-you-may-know
Ha! WS said the same about BTC, while never giving the 'unsuspecting' a clue about a guy who Madoff with their money. Smh...Give me a break!
Crypto is an enigma. I can hardly wait to see how hard those of this world will push back when the regulations start trickling down the pike. I notice that Poloniex has yielded a bit. I suspect it's only the beginning of a very huge domino effect.
Peace.