Bitcoin Price Thread

Crypto crash spreads in Asia as Zipmex suspends baht withdrawals
Thai exchange faces liquidity risk from Celsius, Babel Finance

https%253A%252F%252Fs3-ap-northeast-1.amazonaws.com%252Fpsh-ex-ftnikkei-3937bb4%252Fimages%252F6%252F3%252F7%252F1%252F41461736-3-eng-GB%252FCropped-16584085642022-06-29T201912Z_2137132318_RC2V1V9KL8B8_RTRMADP_3_MONEY-CRYPTO-CURRENCY-REGRETS.JPG

Akalarp encouraged customers to join a class action lawsuit that Zipmex Thailand is preparing to file against Zipmex Global. © Reuters
FRANCESCA REGALADO and DYLAN LOH, Nikkei staff writersJuly 21, 2022 22:49 JST
BANGKOK/SINGAPORE -- Fallout from a series of bankruptcies plaguing cryptocurrency firms has reached Thailand, as crypto exchange Zipmex suspended trading and baht withdrawals.



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crypto investors couldn't be bothered about such negative news.
In fact, BTC has been going up over the past few days.
 
maxinger said:
Crypto crash spreads in Asia as Zipmex suspends baht withdrawals
Thai exchange faces liquidity risk from Celsius, Babel Finance

https%253A%252F%252Fs3-ap-northeast-1.amazonaws.com%252Fpsh-ex-ftnikkei-3937bb4%252Fimages%252F6%252F3%252F7%252F1%252F41461736-3-eng-GB%252FCropped-16584085642022-06-29T201912Z_2137132318_RC2V1V9KL8B8_RTRMADP_3_MONEY-CRYPTO-CURRENCY-REGRETS.JPG

Akalarp encouraged customers to join a class action lawsuit that Zipmex Thailand is preparing to file against Zipmex Global. © Reuters
FRANCESCA REGALADO and DYLAN LOH, Nikkei staff writersJuly 21, 2022 22:49 JST
BANGKOK/SINGAPORE -- Fallout from a series of bankruptcies plaguing cryptocurrency firms has reached Thailand, as crypto exchange Zipmex suspended trading and baht withdrawals.



______________________________________________

crypto investors couldn't be bothered about such negative news.
In fact, BTC has been going up over the past few days.
More...


Why would a decentralized currency, with no link to governments, care about what a government does?
 
strange ....

If you google


- how do defi platform owners earn $$$$
- how do crypto loan exchanges earn $$$$

you wouldn't get any clear answer.



if you google

- how do defi platform users/customers earn $$$$ from it
- how do crypto loan exchange users/customers earn $$$$ from it

you will get tons and tons of very clear answers
 
Last edited:
maxinger said:
strange ....

If you google


- how do defi platform owners earn $$$$
- how do crypto loan exchanges earn $$$$

you wouldn't get any clear answer.



if you google

- how do defi platform users/customers earn $$$$ from it
- how do crypto loan exchange users/customers earn $$$$ from it

you will get tons and tons of very clear answers
More...

1) Issuance of the token
2) Issuance of the token
 
Sprout said:
What is counterfactual?
More...

I think he was saying based on the price of $20,000/btc at the time of that Tweet he would have lost $1-2M but depends on the counter argument to that fact was that he would have sold some or all on the 2017 bull market which he mentioned on another post in the same thread

So my interpretation is that he had 100 BTC's but was forced to sell due to his job as a journalist covering Bitcoin
 
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