Given that the exchange BTC inflows seem mostly to have been to the highly regulated Gemini exchange, the legal structures used by Chinese miners must be quite interesting.
yea sure, lets not mention the 400% gains in the past 6 months ... rof/%Martin Everson said:
$58k to $45k in a day. Makes for a good currency or store of value...lol 🙄
P.S Its for the speculators and shillers only.
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yea definitely.khinkali said:
Given that the exchange BTC inflows seem mostly to have been to the highly regulated Gemini exchange, the legal structures used by Chinese miners must be quite interesting.
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Money printing causes this. High volatility due to this massive liquidityKol019201 said:
This is a normal drop for bitcoin.
We had 3 other corrections over 20% just this year.
If the market recovers in the next few days we can see a new ATH in this year.
Many people cant handle these drops, then its better to stay away from bitcoin, and join in when its much bigger and the volatility is not so high anymore.
Edit:
People who are longer in this space know these drops very well. Its just a normal phenomenon. They are used to this kind of price action.
Also its possible that we will drop much lower now, especially if we fail to break 50k in the next few days. But I personally think we wont go under 40k in the near future.
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Fully agree with you.Martin Everson said:
$58k to $45k in a day. Makes for a good currency or store of value...lol 🙄
P.S Its for the speculators and shillers only.
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volatility here is not a flaw but a feature - just a symptom of an early adoption stage which were are still inJohn Spectre said:
Fully agree with you.
This scamcoin just pumped from ~4k last march to 40k+ for today, which is only nonsense 1000% roi at single year.
Could you suggest better store of value nowadays?
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GameStop bro, that's going to the mooooon *diamond hands* *rockets* *moon* *more emojis to catch people*
It's certainly had a good shift in the right direction today, up to $88 could it be round 2?exprtadvisrdev said:
GameStop bro, that's going to the mooooon *diamond hands* *rockets* *moon* *more emojis to catch people*
PS: It's sarcasm, please don't invest in a shitty company
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Yes I think so, I got some shares just in case, as soon as it turn back I will sell again. Reddit is the "oracle" this yearChappers147 said:
It's certainly had a good shift in the right direction today, up to $88 could it be round 2?
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