What"s happening with Crypto?
 

BTC, ETC and the rest are taking a hard dive today. What happened? Haven't followed cryro news for sometime.
Is this the opportunity to buy the dip?

It dropped 5 percent. Nothing out the ordinary for crypto. There isn't any obvious catalyst for todays dip

No one knows if this is a good opportunity but it's 5 percent cheaper than it was earlier today

the smart people sold

So for how many years have you been saying this? Were you also telling people it was smart if they sold at the top at $100 & $1000. Imagine if holders would have listened to you back then :upsidedow

Reminder again, Bitcoin is a new technology and it will have a rocky road for a while until all the regulations & kinks all worked out. But it is inevitable. Many will fight it the same as they did against all great inventions. Remember the internet? The haters here are the same types that were against the internet! :1orglaugh

Great time for shopping therapy!

Greater Fool Theory: What It Means in Investing, With Examples
https://www.investopedia.com/terms/g...fooltheory.asp

What kind of regulations do you have in mind?

Bitcoin itself should not be regulated, because it's basically math & code. But the financial companies built around it like exchanges, lending platforms etc all have been regulated. I remember 10 years ago when it was not recognized as an asset and completely unregulated, no company had KYC/AML, now if you use any legit exchange they're strict it and some of them even request new info from customers every year.

Some bad actors to watch out for are people like Elizabeth Warren or Charlie Munger. These types of arrogant ignorant thugs would like to ban math (Bitcoin is certain, like math). Imagine if a gov was banning math, computation, or even thought (if they banned BTC would mean you cant own private keys) and both of these thugs have openly said they wish it to be banned completely.

Anyways, do you have any good ideas on what you think could help regulations?

the smart ones old at $70,000 not long ago.
it will never get to that price again

The fad is over

It's was real thing to buy it on the same beginning and sell it now.. all staff have beginning and ending

:1orglaugh :1orglaugh :1orglaugh hilarious people actually think central banks will all simultaneously quit printing money. Man, some of you guys really need to educate yourself on "what is money"

If you're interested in learning, should check these out
https://www.amazon.com/Layered-Money.../dp/B08PS293NT - Layered Money book
https://www.youtube.com/@RobertBreedlove22/videos - Breedlove channel
and Saifedean Ammous books The Bitcoin Standard & The Fiat Standard: The Debt Slavery

ps
sorry for laughing, it's just amazing the ignorance most people have with fiat vs assets or Bitcoin, and to talk with such certainty when you have zero knowledge of the asset you're trying to give input on

less than 1T in marketcap now.

Weed > Elon Musk

Two U.S. Banks Collapse in 48 Hours. Which One's Next?


In just 48 hours, the banking sector has been shaken by the collapse of two major banks.

Most worrying is that these banks served two so-called growth economic sectors: the tech sector and the cryptocurrency industry.

Silvergate, the crypto bank, collapsed. The bank was where most of the big crypto firms went, because traditional banks did not want to do business with them.


SVB Financial Group, (SIVB) - the lender to Silicon Valley startups, failed on March 10, falling into the hands of the FDIC. The federal agency has taken control of the banking company, reviving the ghosts of the 2008 financial crisis.

going up today!!!

money in motion...btc 20% up in one day, lots of those svb funds seem diverted into into the crypto market, also lots of funds going into wise and revolut today..

Zooming up or BOUNCING up?

I hope this isn't a short squeeze or margin liquidation bounce

Anyone know when the the Feds are supposed to dump SILK ROAD's seized BTC?

Crypto is under attack. Look at all the banks that crashed. They were all very crypto heavy. The gov swept in and took them over. The fed reserve is moving towards a digital currency, but of course it wont have a public ledger like the block chain. We are seeing a nationalization of the banking system. Pretty soon they will have access to your money and be able to dictate what, when, you can/cannot buy.

Avoid the simplicity of this system at all costs.

they are going to the MOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO OOOOOOOON!

Yep. We all must fight and reject "Central bank digital currencies" (CBDC) with all our might. At every level. :mad:

Divide infinite(fiat) by 21,000,000 and you'll have the price that Bitcoin will always trend towards. Fiat supply grows massively everyday, so that "infinite number is forever increasing, which means -> BTC price rises forever (in the long term) :winkwink:

rich! ......................

So what the plan for next 5 years? Buy btc all the time of you have some free $?