Ukraine Legalizes Bitcoin

[The_Krakenite]

I can not help but notice this happened shortly after Russia tried to outright ban it. Not sure that's a coincidence, haha.

That said, the hashrate spiked over 30%, looks like those russian miners have begun to re-start their operations again.

 

[mlawson71]

Weirdly enough, Russia also suddenly decided to start regulating it - and taxing it, by the looks of it - rather than banning it. Currently, there are over 12 million crypto wallets in Russia that are worth some 2 trillion rubles, estimates the Russian Ministry of Finance. Russians are currently in possession of around 16 trillion rubles worth of cryptocurrencies and it appears that Russian government could collects $13 billion from crypto taxing.
Considering the current situation it's no wonder they dropped the plans to ban cryptos too.

 

[Pekelo]

So are we looking at the Crypto Wars? I fell like I am living in the future, but at least in the metaverse.

 

[mlawson71]

I think we've all been living in the future ever since the pandemic started.

 

[chasinfla]

I think we've all been living in the future ever since the pandemic started.

It's been tomorrow ever since yesterday.

 

[mlawson71]

It just keeps getting worse, unfortunately. What an awful day for the world.

 

[The_Krakenite]

Not worse enough. I went to bed when ETH was showing under 2400... I told myself, ok, when I get up ETH should be around 2200 (or worse) and I'll buy long dated Micro eth futures.

I've been waiting all morning, and ETH is up higher than when I went to bed.

FFS, why don't you fucking implode harder! Just liquidate some big-fat over-leveraged whale and give the bargain-hunters a go at it...

At this rate, ETH will be back up to 2700 by the end of the day and I'll be priced out. Even that pos ARKK is rebounding already.

 

[zghorner]

I think we've all been living in the future ever since the pandemic started.

yea, 1984 lol.

 

[The_Krakenite]

Come on back down crypto... you can do it... just sell off a little bit more... so close... Hit the panic button!

 

[Sprout]

Not worse enough. I went to bed when ETH was showing under 2400... I told myself, ok, when I get up ETH should be around 2200 (or worse) and I'll buy long dated Micro eth futures.

I've been waiting all morning, and ETH is up higher than when I went to bed.

FFS, why don't you fucking implode harder! Just liquidate some big-fat over-leveraged whale and give the bargain-hunters a go at it...

At this rate, ETH will be back up to 2700 by the end of the day and I'll be priced out. Even that pos ARKK is rebounding already.

Maybe we'll get a sell-off tomorrow, else "eat my dust" says ETH.