The hot new way of gambling is betting on which cryptos will see fiat pairs established.
Stop doing it.
While we can't predict the future, others keep attempting it on us. Both "news" are not accurate. We are working with banks (to potentially support fiat), but no plans for USD in the short term. No xvg or xpr involved. Be careful around predictive "crystal ball" news.
— CZ (@cz_binance) April 20, 2018
These companies would probably see regulatory action if they did leak information about which coins would see pairs established. What kind of regulatory action? The kind where you are accused of insider trading and then made an example out of by the SEC. It's one of the worst kinds.
Please, disregard their inability to justify text (as you must also excuse my own, it's a limitation on STEEM), and place your gaze upon all the content of the SEC's own lay description of Insider Trading. The key here is misappropriating information for personal gain, or your friend's personal gain, or the personal gain of some random twitter follower - which seems graspingly tenuous and unlikely - you get the picture. You're getting bags dumped on you. @ActualAdvice dumped his XRP bags and he wasn't even the one spreading the ... I don't even know what to call it. CHUD? Crypto-Hype Underhanded Dumping (strategy).
For full disclosure, I didn't sell any of my XRP. I'm still holding it until we retrace to that glorious $3.00 point. I believe it will happen. Make it so, CNBC's Brian Kelly.
As ever, none of this is legal advice or financial advice. I am not advising you about any particular situation and the facts of your own scenario are your own. I offer only general information about trends I see and how they relate to time-honored ways of scamming people out of money. It's like how I mention that many Progressive Liberals (as well as Conservative Republicans - not as much any more, though) use Barnum Statements, I'm not actually a professional Spirit Medium Debunker, I'm just telling you the technique they're using, and where else the same horseshit is shoveled.
