China declares all crypto transactions ILLEGAL

[Pekelo]

The point of this post is though, if the 4 largest countries ban crypto, good luck purchasing anything but Peruvian alpaca socks with it. EU, USA, China and India, that is all it takes.

 

[SPX Options Trader]

All throughout history...when the relatively dumb masses gets excited about something, and buys it all up, it eventually explodes, implodes, in value.
Tulips, beanie babies, the roaring 20's, the late 90's dot com bubble, real estate of the 2000's, cryptos -- and everything else in between, and all its variations.

 

[DT-waw]

Isn't the entire value of the US equity system pretty much made up? Without FED printing, what is the value of these stocks post Covid? Without government subsidies, what is the value of green energy companies? (and don't get me wrong, I'm a big fan of green energy).

Lastly, without artificial interest rates, of is the value of a dollar? If banks could only lend money that they actually had in their vaults, the world would look much different.

So in my opinion, most of what we see in the financial world is pretty much made up.

Yep. Like a plandemic. 100% made up. Its all for your health. Gov. only cares about your health.

 

[KCalhoun]

If the world's biggest country bans it, that's significant.

 

[SPX Options Trader]

If the world's biggest country bans it, that's significant

The game, or peak, is over for Bitcoin. Sell Sell Sell

We finally agree on something, Calhoun.

 

[MrMuppet]

China has Spoken!!! Crypto shall DIE!!! All Hail to China!!

See guys, that's how easy the sheep are manipulated by government controlled media.

The original headline is translated to "we remind the people that cryptocurrencies are not legal tender"


So no word of a ban. By the way...the headline is from September 3rd

 

[Nobert]

If the world's biggest country bans it, that's significant.

People don't care about the strongest economy in the world, while El Salvador still has it as a national currency.

 

[JSOP]

See guys, that's how easy the sheep are manipulated by government controlled media.

The original headline is translated to "we remind the people that cryptocurrencies are not legal tender"


So no word of a ban. By the way...the headline is from September 3rd

Didn't know that was a translated title. And didn't know the original title in Chinese. But in China, that could amount to the same thing though.

 

[Trader Curt]

People don't care about the strongest economy in the world, while El Salvador still has it as a national currency.

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You post pictures of a prison like the whole country of El Salvador is a bad place for criminals. No, there are many innocent people living in proverty there that deserve to have a currency to live off of. How would you like to live in a poor country with no money? To say that another country doesn't deserve to have a currency because a small amount of people will spend it on drugs or whatever is borderline racist. And just like any currency, people use it for good or bad.

Bitcoin is saving lives right now and giving people hope for the future, whether you like it or not. I am glad those poor people now have a currency so their economy can survive. Thank you Bitcoin!

 

[murray t turtle]

I still don't understand crypto.... : o

ahem, monopoly money, ahem

I'll never buy that made up stuff

%%
ME 2;
except i understand it+ have enough bird cr*p in my yard.Except \ there is an actual market for bird cr*p[fertilizer]in volume. But since there is a limited market for US confederate money, anything's possible/LOL