This is continuing my posts regarding the SEC and how they are going after cryptocurrency.  In an expected move by the SEC  they were approved to challenge the verdict regarding the ripple  case. Here is more information  on it: https://www.yahoo.com/finance/video/sec-argue-appeal-xrp-ruling-150554330.html

This is expected, and will bring down the price of the cryptocurrencies that were (mis)labeled by the SEC as securities in my opinion. I think it has a bit to do with the last three days of 10 percent losses on many cryptocurrencies. 

If you have been reading my posts, you know I believe mosif not all cryptocurrencies will be commodities.  I mean if you buy from an exchange you darn well know you are not promised anything from the exchange. You know it is just an intermediary.  Mot buy crypto to get a profit, from the coin, not the exchange.  It is like commodity trading, buying a piece of art, or any other object from any other website.  

I am tired yet patient with the SEC, as it will lose in the end.  I like buying artificially low prices.