BTC down 10% just now - Why?

All that the U.S. government has to do is write an executive order to ban Banks from having any customer relationship with any cryptocurrency firm.

You'll be trapped in Bitcoin or whatever token, without a way to get back into fiat.

Your token only has value because they can get more fiat.

If you're stuck in tokens forever, there is no fiat value anymore.

https://en.wikipedia.org/wiki/Executive_Order_6102

The government doesn't need to try to seize your wallet. All they have to do is prevent you from getting back into fiat again. lol

It's foolish to think the U.S. military never made a war plan against Bitcoin, especially since the majority of miners are in China, making it a Chinese Financial Weapon against the U.S.
 
The big problem for crypto fans is that they forget that they should not only know everything about crypto's, but also about their enemy.
It is not enough to think you are invincible, you should be sure about it. And as long as you don't know what your enemy is able of to do, and how you can neutralize that, you have no certainty at all that you will survive.

https://markets.businessinsider.com/currencies/news/‘financial-weapon--bitcoin-becomes-another-factor-in-china-us-contest-10028494

https://markets.businessinsider.com...vestment-alternative-crypto-2021-4-1030319057

Be sure to have a chair when the music stops:
 
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maxinger said:
btc futures margin - $140k

es margin - $12k
gold futures - $11k
crude oil futures - $5k

mini btc futures margin - $2.5k


so I am expecting mini btc futures volume to be significantly better.
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Ummm it is MICRO Bitcoin, not mini -

and why margin is so much less than the other actual mini contracts.
 
ZKS31 said:
All that the U.S. government has to do is write an executive order to ban ...
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.......... private ownership of gold.

Oh wait they already did that once.

And how about back in 1800's banning private banks from issuing their currency.

But boy it's so much better having the Fed printer going brrrrrrrrrrrrrrrrrrrrrrr 24x7x365 foooooooooooooorever.
 
virtusa said:
The big problem for crypto fans is that they forget that they should not only know everything about crypto's, but also about their enemy.
It is not enough to think you are invincible, you should be sure about it. And as long as you don't know what your enemy is able of to do, and how you can neutralize that, you have no certainty at all that you will survive.
...
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Crypto fans are not the only ones who think they are invincible.
 
SunTrader said:
.......... private ownership of gold.

Oh wait they already did that once.

And how about back in 1800's banning private banks from issuing their currency.

But boy it's so much better having the Fed printer going brrrrrrrrrrrrrrrrrrrrrrr 24x7x365 foooooooooooooorever.
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You're argument is opinion which is quite irrelevant.
 
Nocoiners like to celebrate when bitcoin has a pullback, but come on, $55K???

This is a great price for bitcoin hodlers. When bitcoin hits $75K in the next month or so, there will be celebrations from nocoiners when btc goes down to $65K

Checkout the happy posts when bitcoin went down from $42K to $28K a couple of months ago

Keep celebrating these pullbacks, nocoiners, because you need these happy moments :D
 
virtusa said:
Ever heard about probability? Is used alot by traders.

Probability might hurt a lot of fans in future.
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So now it's all about probabilities.

LOL "black market criminal activity" ohhh scary, scary and all the other bugaboos weren't enough.

So let's see crypto fans think there are invincible yet not a single crypto (even friggen dogecoin) have been shut down - yet gold does have period in U.S. history when it WAS shut down.

And the U.S government is one of the world's biggest holders of Gold so they should be concerned with others holding .... bitcoin? Nah.

Not unless they are converting it into Gold. LOL.
 
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