Bitcoin Price Thread
- Thread starter Magna
- Start date
I didn't even look at the charts for a few days now tbh so i have no idea where we actually are. Could take a while before JP Morgan unloads on their clients.
But don't forget! In September Russia is making cryptocurrency ownership ILLEGAL. Sell in august and thank me later.
I would not dare bet against the Putin. He is pretty much singlehandedly bringing Europe to the knees.
The last thing i would want is to see someone in agony as these digital ponzi scam tokens end up crashing towards their fair value (near zero).
Most crypto jerks would kind of deserve it to be honest, but there will be a lot of collateral damage as grannies are lured into ETF of a scam ponzi asset.
But don't forget! In September Russia is making cryptocurrency ownership ILLEGAL. Sell in august and thank me later.
I would not dare bet against the Putin. He is pretty much singlehandedly bringing Europe to the knees.
The last thing i would want is to see someone in agony as these digital ponzi scam tokens end up crashing towards their fair value (near zero).
Most crypto jerks would kind of deserve it to be honest, but there will be a lot of collateral damage as grannies are lured into ETF of a scam ponzi asset.
I read today that hes making mining legal in Russia from November.
Can you link the illegal ownership bit please.
Life is not as simple as yes and no, truth and lies.
The gummint may well want to destroy bitcoin, it wouldn't surprise me, ya just gotta look how gummint is fucking up with their adventures in Israel to know the gummint are corrupt to the fucking eyeballs.
But there are other dark and light forces operating in the background.
@orbit23 makes some good points and offers entertaining reading, but there will be no "jesus moments of redemption killing satan bitcoin."
Any transition will be gradual imo, plenty of time to escape if needs be, but dyed in the wool hodlers, I think is a dumb plan.
The gummint may well want to destroy bitcoin, it wouldn't surprise me, ya just gotta look how gummint is fucking up with their adventures in Israel to know the gummint are corrupt to the fucking eyeballs.
But there are other dark and light forces operating in the background.
@orbit23 makes some good points and offers entertaining reading, but there will be no "jesus moments of redemption killing satan bitcoin."
Any transition will be gradual imo, plenty of time to escape if needs be, but dyed in the wool hodlers, I think is a dumb plan.
Mining legalislation is just the carrot before he pulls the rug
Russia To Implement Strict Restrictions On Cryptocurrency Circulation From September | Binance News on Binance Square
Well I don't know about Jesus, but in the UK the government is making it a hate-crime now if you say or post anything online that doesn't worship Islam.
This isn't going to stop 'every' other country from voicing their opinions.
Russia can ban holding Bitcoin (again). They keep flip flopping over and over on this year after year. I don't even pay attention anymore. China has done the same thing a number of times too now.
Mining legalislation is just the carrot before he pulls the rug
Russia To Implement Strict Restrictions On Cryptocurrency Circulation From September | Binance News on Binance Square
Thanks.
I read that article to mean that crypto businesses will be regulated.It actually reads as positive for ownership.
I didn't actually read it it was the first result. But as far as i remembered they said they were going to ban all crypto-assets that are not issues by it's central bank.
If they are legalizing cross-border payments, that's one more reason for the US government to crack down on crypto.
Let's call spade a spade. The only use case for crypto is sanctions evasions, money laundering, pump & dumps / price manipulation and ponzi schemes.
They might not have a real use case and produce nothing, but they are good for criminals and fraudsters.
This bubble should've ended in 2021, for the sake of everyone involved.
But they had to approve the ETFs to peddle this scam onto the retail and institutional clients.
The ETFs are the final exit liquidity. It would be worth monitoring inflows/outflows for the ETFs now because once the ETF suckers stop buying, it's GAME OVER.
But they had to approve the ETFs to peddle this scam onto the retail and institutional clients.
The ETFs are the final exit liquidity. It would be worth monitoring inflows/outflows for the ETFs now because once the ETF suckers stop buying, it's GAME OVER.