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EDIT: Wrong thread. First rule of Scamcoin is you're not supposed to talk about Scamcoin.
Buy Scamcoin, err... I mean 'Super Cool Awesome Money' Coin here: http://supercoolawesomemoney.com/
This is not financial advice. Don't "invest" more than you're willing to lose. Yada, yada, yada.
Quoted from Astropin:Jesus... you are obsessed with Tethers. You already know the answer because you posted it earlier. Unless you don't read your own links.
Are you saying it's a scam? If so, do you think the $1.9 Billion in USDT that is propping up the Bitcoin market will have a bigger effect on the cryptocurrency market when the scam finally collapses?
http://fortune.com/2017/12/05/bitcoin-btc-price-usd-tether-limited-bitfinex/
Regarding tax revenue...
World governments are noticing. Damn governments! Always wanting their 'cut'...
India sends tax notices to cryptocurrency investors as trading hits $3.5 billion
https://www.reuters.com/article/us-markets-bitcoin-india-taxes/india-sends-tax-notices-to-cryptocurrency-investors-as-trading-hits-3-5-billion-idUSKBN1F8190
Authorities raid South Korea's largest cryptocurrency exchanges
https://www.cnbc.com/2018/01/10/police-tax-authorities-raid-south-korea-cryptocurrency-exchanges-for-tax-evasion.html
USA: When Trading in Bitcoin, Keep the Tax Man in Mind
https://www.nytimes.com/2018/01/18/your-money/bitcoin-irs-taxes.html
The crackdown on cryptos continues.
US regulators charge three bitcoin operators with fraud
https://www.engadget.com/2018/01/19/cftc-charges-three-cryptocurrency-operators/
There are also fears that bitcoin and other cryptocurrency could threaten the security of the global economy; as a result, the US isn't the only country taking action. China is moving toward an "orderly exit" from bitcoin mining because of its use of resources, as well as its affect on investors. Back in December, South Korea (which is the third largest market for cryptocurrency, after the US and Japan) banned all anonymous cryptocurrency accounts and enacted new regulations for monitoring exchanges.
CabbageTech?!
Staten Island-based 'CabbageTech' charged with bitcoin-related fraud after promising 300% returns in a week
https://www.cnbc.com/2018/01/19/us-regulator-charges-cabbagetech-with-bitcoin-related-fraud.html
There's rumor and speculation about the sealed 3rd case, but there's speculation that it could either be Coinbase, Bitconnect, or even Bitfinex.
Warrant Canary of Bitfinex Employee Disappears, Rumors Swirl
http://www.trustnodes.com/2017/12/15/warrant-canary-bitfinex-employee-disappears-rumors-swirl
Since Bitfinex is a Hong Kong owned company, I'm not sure it's a possible candidate for US CFTC jurisdiction.
This is a good summary about what is known to date about Tether.
The Tether Conundrum: A Quick Backstory
https://tonyarcieri.com/the-tether-conundrum
Quoted from mcluvin:You should give these guys a break. Maybe come on over to the pork bellies thread and tell me how bacon is going to give me cancer.
Mmmmm bacon...
Speaking of exit strategies...
Crypto investors should practice converting a small amount of their holdings back into USD in their actual bank accounts.
Just in case the bubble bursts and there are a run on the exchanges. Crypto exchanges have a weird way of suddenly being down for maintenance, suspending buy/sell functionality, and transferring money into your bank account.
Have a safety ladder in case shit hits the fan.
Or HODL like the brave stalwarts who invested in BCC. It could always recover given enough time...
Quoted from InfiniteLives:do you guys think this looming govt shutdown will be a boon for crypto?
It could slow down the number of scams they're able to shut down.
Rumor is that Coinbase has gotten the attention of the SEC/CFTC after the supposed insider trading by Coinbase employees after Bitcoin Cash was secretly added to the exchange.
I always was a bit curious on the type of investor that would fall for an obvious Ponzi like Bitconnect.
Here's an example of someone who "invested" $30K in BitConnect/BCC.
A day later, he's posted an "update". Apparently Bitconnect is now a legit investment. And the guys who were running the Ponzi are going to "take care of" their investors with a new coin offering, named... BitConnectX 
I don't even know what's real life anymore...
Quoted from ExtremePinball:For those new to the internet, this poster is a textbook example of a troll.
TROLL - One who posts a deliberately provocative message to a newsgroup or message board with the intention of causing maximum disruption and argument.
Remember kids, trolls are just wannabe bullies without any testicular fortitude. They're often sad & lonely, and seek out attention by intentionally irritating others. It has been surmised that this is caused by a direct link to micro-penis syndrome.
This ends today's PSA.
Happy mining.
Feel free to point out the errors in any of the links I have posted and I'll pass them on to the editors at Bloomberg, Retuers, CNBC and the NY Times so they can be corrected.
BTW, How much did you lose in Bitconnect?
Quoted from ExtremePinball:Now for an update:
I took my profit and put it into some moderate risk wagers, but most of it went into even riskier scammier pyramid type Ponzi schemes and other ultra-high risk crypto currency gambling wagers. Totally insane shit that pays back at 1-3% per day.
Quoted from jwilson:We get it, you hate crypto. Why don't you go continue shitting up that other thread and leave people to their discussions in this one?
I hate scams.
I don't hate cryptocoins. I think they're interesting from a technology standpoint (as a 20+ year programmer and computer hardware enthusiast), but I don't see much of a personal use for them and think the negatives outweigh the current benefits. I think rampant scams are the underlying reason for the current cryptocoin bubble, and there is an elephant in the room that could cause a lot of naive people to lose their money when it unravels.
Within the last hour another $100 million in Tethers were printed to prop up the Bitcoin market.
http://omnichest.info/lookuptx.aspx?txid=0fbf16c7b937a8a5601ade7897c69bc33f1836b9cb02b1814425dcf4a98d3436
How much of an influence do Tethers have on the rest of the coin markets/exchanges?
https://wallet.tether.to/richlist
If this is just the shill/pump & dump thread, then I will bow out at your request. If I remember correctly, the people who questioned the JPOP scams weren't received that well either...
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