El Salvador Purchases 410 More Bitcoins Amid Market Drop, President Bukele Says

[Janoy Cresva]

https://www.coindesk.com/business/20...d-market-drop/



anyone else buying the dip?
@im 4 normal

[NotAll]

https://www.coindesk.com/business/20...d-market-drop/



anyone else buying the dip?
@im 4 normal

There is a number of factors here.
Russia proposal to ban crypto.
China's continue effort to ban crypto.
Fed set to address inflation with possible interest change.
Kazakhstan was a huge crypto mining country and it's government recently fell so it fucked up mining there.
Mining is kinda fucked everywhere right now tbh with low hashrate.
If you have a long view vision tho you celebrate when this shit happens.

[Janoy Cresva]

There is a number of factors here.
Russia proposal to ban crypto.
China's continue effort to ban crypto.
Fed set to address inflation with possible interest change.
Kazakhstan was a huge crypto mining country and it's government recently fell so it fucked up mining there.
Mining is kinda fucked everywhere right now tbh with low hashrate.
If you have a long view vision tho you celebrate when this shit happens.

interesting I appreciate your reply brah. I kinda like the fact that china has already banned crypto or bitcoin and now Russia is proposing the same. Kinda gets my dick hard. Fuck those stupid countries. They are afraid of money that they cant control. Thats what I been reading on reddit too that it might go even lower when they announce the new interest rates or whatever

[Distract & Deny]

now Russia is proposing the same.

I know people say china banning it is no big deal and now potentially russia but this makes me a little leery. China is huge. How can people act like it doesn't matter if they ban btc? Adding russia to it just makes it worse in my eyes.

Kinda gets my dick hard.

Go on......

[NewsBrah]

There is a number of factors here.
Russia proposal to ban crypto.
China's continue effort to ban crypto.
Fed set to address inflation with possible interest change.
Kazakhstan was a huge crypto mining country and it's government recently fell so it fucked up mining there.
Mining is kinda fucked everywhere right now tbh with low hashrate.
If you have a long view vision tho you celebrate when this shit happens.

Very well informed citizen.
If we at NewsBrah were not overstaffed as it is i would offer you a job.
We at NewsBrah believe the dip continues until Fed policy statement.
We can not offer financial advice but trust the citizens of Fitmisc can make wise financial choices with the right information.


NewsBrah

[Janoy Cresva]

I know people say china banning it is no big deal and now potentially russia but this makes me a little leery. China is huge. How can people act like it doesn't matter if they ban btc? Adding russia to it just makes it worse in my eyes.




Go on......

you bring up an interesting point about what if all countries eventually banned crypto? Would crypto be like drugs? Would people even want or try to still use it if all countries made it illegal? I'm not sure how that would work.

Another interesting thing you made me think of, and I'm sure I could google it.. but I wonder what the reason China gave for wanting to ban or get rid of bitcoin. And then also hearing Russia's reasoning would be interesting as well

[ReallyGoodBadBoy]

President bukkake said that??

[Vincel]

he just changed his profile pic. gotta be some kind of implant

[Distract & Deny]

but I wonder what the reason China gave for wanting to ban or get rid of bitcoin.

I vaguely remember hearing something about them and digital yuan. I don't know enough to know what to think though. It sounds like they want control of their money though.?.?

And then also hearing Russia's reasoning would be interesting as well

Probably because putin is 4'9".

[Mindless Jerk]

Bitcoin is on a dip so good time to go buy some.

[BlueBlood]

Bitcoin is on a dip so good time to go buy some.

Only real fans will know where that's from.

[CT Pumpo]

Get ready for the the Pumpo!

[Jayman079]

President bukkake said that??

[Distract & Deny]

you bring up an interesting point about what if all countries eventually banned crypto? Would crypto be like drugs? Would people even want or try to still use it if all countries made it illegal? I'm not sure how that would work.

Another interesting thing you made me think of, and I'm sure I could google it.. but I wonder what the reason China gave for wanting to ban or get rid of bitcoin. And then also hearing Russia's reasoning would be interesting as well

You should ask @NotAll He seems to get it. Maybe he'll give us the long answer.

[NotAll]

LMFAO if you ain't buying the dip
Everything is down, Microsoft was down %6 today lol
long term boyos