EU Regulations Hearing

[Anonymous No.7962430]

Are we going to get a livestream ot this hearing like we did with the S.E.C Hearing in the U.S ?

predictions...?
Exactly what time this "roundtable" start
livestream?
will it move the market?

https://www.coindesk.com/eu-regulators-discuss-crypto-regulation-next-week/

[Anonymous No.7962537]

I thought there was something on March 2nd, this says Feb 26

[Anonymous No.7962549]

>>7962430
This sort of FUD always puts the market into a panic. Expect some dipping tomorrow.

[Anonymous No.7962561]

>>7962537
yeah is in today!

[Anonymous No.7962847]

Nope, it's closed doors, anon.

[Anonymous No.7962983]

>>7962847
ok so its closed doors, when do they release the content of the hearing ?
not familiar with EU fuckery...

[Anonymous No.7963075]

Nope.
Prediction:
>ban anonymous exchanges (KYC, AML enforced)
>have to report your crypto holdings
>anonymous currencies are banned

[Anonymous No.7963089]

Does this mean I can make a shitton by shorting BTC?

[Anonymous No.7963095]

>New Law: 20% of your crypto gains go the local Imam and refugee center

[Anonymous No.7963116]

>>7963089
Yes.

[Anonymous No.7963230]

>>7963095
should just have to transfer 20% of your crypto's in to XLM and have Merkil distripute the xlm to the new europeans coming in

[Anonymous No.7963302]

50% of traders must be women by 2020. Half of your profitable trades must be redistributed to women traders

[Anonymous No.7963347]

>>7963075
Oh forgot:
>Banks have to report transactions related to crypto

[Anonymous No.7963778]

If it's EU, I doubt it's going to be anything progressive. Pic related, it's EU.

[Anonymous No.7963796]

>>7962430
>representatives from central banks
Yeah, it's over.

[Anonymous No.7963854]

Im from eu and all i can say get me out of this yewhole for fuck sake yews always fuckin us in the ass fucking pice of shit germany france and so on

[Anonymous No.7963901]

>>7962549
I am ready to pick up some bags

[Anonymous No.7963936]

lmao europeans are so cucked, the news can only be bad

[Anonymous No.7963941]

>>7963075
gonna be some type of ICO regulations too i bet.

[Anonymous No.7963943]

The EU is in an interesting position. Their welfare system is at risk of collapse if their tax revenue decreases through crypto trading, but they also risk driving out future industry and strengthening economic competitors by over regulating. Letting in droves of illiterate refugees has really cornered them on this., interested to see what precedent they'll set

[Anonymous No.7963959]

>>7963230
i think it will go 50/50 with IOTA

[Anonymous No.7963977]

>>7963936
I hope they respond the same way as SEC.

[Anonymous No.7963987]

>>7963977
My gut says that they probably won't. It will be hot or cold.

[Anonymous No.7963997]

>>7962430
http://ec.europa.eu/avservices/ebs/live.cfm?page=1

[Anonymous No.7964036]

most likely these fucktards will fuck us deep in the assholes with horsedicks and chainsaws.

[Anonymous No.7964052]

Europoors aren’t going to be as favourable but I doubt there going to fud the shit out of it, a small dip at most. They’ll probably discuss FUTURE ways to try to tax/regulate it, t. Knowledgeable ausfag

[Anonymous No.7964060]

I don't expect any progressive thoughts. Regulations of ICO, taxes, KYC AML for exchanges. The only EU country who could upvote anything positive for crypto is Netherlands since they have famous tax-avoiding scheme running for long time + weed and hookers. The only country which is balling

[Anonymous No.7964091]

>>7964052
>tax/regulate it
That's enough to make me anxious considering it's EU.

[Anonymous No.7964094]

>>7963987
>My gut says that they probably won't

Yep. Inb4 the EU: "Muh rapefugees aren't in cryptos, only evul white men. Even tho it's the lowest barrier to entry for a new economy evar and niggers had 8 years to fugure out mining and failed - it's white men fault. Ban!!"

[Anonymous No.7964136]

>>7963075
I agree with this. All of it sounds plausible along with strong regulations for ICOs.

[Anonymous No.7964143]

>>7964094
>Even tho it's the lowest barrier to entry for a new economy evar and niggers had 8 years to fugure out mining and failed

environmentally mining is the worst way how to generate value

we might be actually seeing whitey making the world worse for own benefit

[Anonymous No.7964223]

>>7964143
>environmentally mining is the worst way how to generate value
I really don't get this one. I want to see the environmental footprint of middleman services such as: bookkeeping, value transfer, loans/credit, ID verification, idle computers, market liquidity providers, etc.

[Anonymous No.7964238]

>>7964143
>environmentally mining is the worst way how to generate value

1. Nothing to do with what I said.
2. If you seriously think it's worse than the current system in terms of environmental impact - you're a fucking brainlet.
3. So you're saying that the poor starving niglets of Africa abstained from food, and flooded into Europe instead of mining, due to altruism and environmental concern?

[Anonymous No.7964248]

>>7964223
not only that but we'll need to add security measures that protect all the transactions, transportation, electricity, the facilities that house the wagies that do the work, the paperwork involved, and all of the costs of regulatory bodies that waste value managing all of that shit.

[Anonymous No.7964277]

>>7964223
this
having niggers just live is an environmental disaster not including all the extra expenses attached to the employees from the inefficient financial markets that currently exist

[Anonymous No.7964384]

>>7964094
>>7963095

/pol/ detected, back to your containment board

>>7963075

Probably this. It's the EU, expect them to be authoritarian as fuck.

>>7963854

Fucking this. Franco-German genocide when, they need to be removed.

[Anonymous No.7964418]

>>7964384

Shitskin detected. KYS

[Anonymous No.7964459]

>>7964418
>amerimutt calling other people shitskins

you have to go back

[Anonymous No.7964466]

>>7964384
i bet you're invisible at night when you blink with your mouth closed

[Anonymous No.7964487]

>>7964466
>52%

pic related, it's you

[Anonymous No.7964720]

>>7964223
I want to see the environmental footprint of middleman services such as: bookkeeping, value transfer, loans/credit, ID verification, idle computers, market liquidity providers, etc.

bookkeeping, value transfer, loans/credit are mostly automated and I don't see how new currencies changes anything about that

>ID verification
srsly? peanuts

>idle computers
technology has really evolved here
the less you use computers the less energy they consume, ideally going to sleep when idle

>>7964238
>So you're saying that the poor starving niglets of Africa abstained from food, and flooded into Europe instead of mining, due to altruism and environmental concern?

it is clear who is brainlet here

[Anonymous No.7964779]

>>7964487
>100%
pic related, it's you

[Anonymous No.7964818]

>>7964779

[Anonymous No.7964873]

>>7964818
>your passport photo

[Anonymous No.7964937]

>>7964873
>his """country""" is unironically 56% white

[Anonymous No.7964959]

>>7964937

At the current rate Europe will hit 56% white and keep going

[Anonymous No.7964967]

>>7964959

kek, 97% white country here. Back to >>>/pol/

[Anonymous No.7965584]

I'll just do the same thing I did during the US Senate hearing.

>Tether up 50% of stack
>If they fuck everything up, wait and buy back in at a discount
>If it's positive, buy into BTC and ride the wave before buying back into alts
>If it's neutral, buy back into alts

[Anonymous No.7965724]

I hate being German so bad please get me out

[Anonymous No.7965765]

All cryptos banned except XLM and IOTA.

[Anonymous No.7965784]

Headlines after the hearing:
"EU could not achieve any agreement".

[Anonymous No.7965820]

>>7965784

This is actually highly likely. People say it'll take years for the US to get the regulations in place, well... Hold our beers. The EU will unironically take 10 years.

[Anonymous No.7965858]

>>7965820
For anyone who paid attention to the US Senate hearing, other than what the chairmen of CFTC/SEC said, most Senators looked at crypto as a "revolutionizing" tech battlefront in which China are already massive, and they didn't want the US to lag behind.

Logically you'd assume that Europe would come to a similar conclusion, but you never know with all these retarded and tax hungry central bankers who's piss afraid of endorsing what is essentially offshore banking for anyone with an internet connection.

[Anonymous No.7965954]

>>7965858

It all comes back to the euro. The European financial and banking systems are comically weak and inflexible, there is no way they will allow something that has the ability to disrupt it so badly when it's hanging by a thread. I expect some serious banking jew shilling.

Furthermore, you make a very good observation. The EU is far stricter than many other economic regions at closing tax loopholes and the like, and cryptocurrency is a huge threat to tax collectors, and a big hole that they'll have trouble trying to close. I don't expect very favourable outcome.

The only saving grace as far as I'm concerned is that the EU has to reach union-wide consensus on things before they pass through, and of course, this means it will take a long time.

[Anonymous No.7965991]

>>7964094
Yeah this so much. I hate to be European.

[Anonymous No.7966061]

>>7965954
Anon, you got a time for when they intend to discuss this shit? And do we know whether they intend to announce anything in a press briefing afterwards?

[Anonymous No.7966109]

>>7966061

I haven't paid attention to when, I'll read the news when they come out. Supposedly there's a livestream >>7963997

[Anonymous No.7966143]

>>7966109
Yeah, I'm watching it, but nothing in the timetable mentions crypto. And the stream reeks of EU bureaucracy, so I'm going to get asscancer if I watch this for more than 2 hours.