Addison Fancy Macrame wrote: » Dollar cost averaging with a double buy on the dips, yer only man. What a day.
unkel wrote: » How many days did BTC ever gain 15%? Not too many I guess! I reckon you phew'd a good few times today Anyone has some access to historical data ready on this? Alts really, really strong too. What is this?
Addison Fancy Macrame wrote: » In a 2/3 years these 20% swings will be 20k up or down !
Arrival wrote: » We were saying that before, that one day we'll look back at these €1-5k daily jumps in amusement when there's regularly €10-20k daily jumps. Anyone holding at least a couple of Bitcoin through these past couple of years, from the bull run of 2017 to the crash and the highs of this year and these recent lows, will have some fantastic entertainment daily, and they deserve it. Kind of disappointed we didn't see <€5k again though Edit: Jesus, I only just saw BTC broke €9k again around 3AM
Dohnjoe wrote: » Some alts going insane, NEO is up nearly 50% in 24 hours, ONT 70%
Grumpypants wrote: » Neo had always wanted to be the bitcoin for China. If they wanted to move fast on crypto they could just adopt Neo, send it to 10k and make us all very very happy.
Truckermal wrote: » I have some of that since early this year along with Chainlink, is it worth holding or cashing in?
SauNewb wrote: » If China implements blockchain it will be something they can control. A currency that gives their government 100% visibility of everything. So the chinese governmemt will be able to see what people have, how they spend it etc. No more tax evasion. Make crime easy to spot. No way they are going to support the rollout of an existing cryptocurrency.
Bob24 wrote: » Indeed ... thinking the Chinese government would piggyback on an existing project they can't control and for which many assets are already allocated is just fantasy. And thinking an existing project could take off in the country on its own and without the blessing of the government also is daydreaming.
Dohnjoe wrote: » A currency yeah. But it appears to be a statement in support of Chinese blockchain in general, which could include Chinese-based crypto projects.
SauNewb wrote: » I don't imagine they will support anything they can't control. Everything will be developed by the State. I'd also guess they would put regulation in place to manage anything they don't own.
Addison Fancy Macrame wrote: » Bitcoin comes in handy in situations like this.https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKBN1X60R2
Addison Fancy Macrame wrote: » I note in the article that banks are also trying to figure out a way to prevent a run on withdrawals when they reopen. If I was there I imagine I'd be clearing my account.
Addison Fancy Macrame wrote: » Just not sure how they can prevent it though without complete war. Crazy this day in age that it's even legal to do what they are doing. Not your keys, not your Bitcoin. Cash not in your pocket, not your cash.
Dohnjoe wrote: » Dunno, theres a lot of Chinese business and industry obviously not directly controlled by the state, just compliant.
Addison Fancy Macrame wrote: » Not your keys, not your Bitcoin. Cash not in your pocket, not your cash.
Addison Fancy Macrame wrote: » More cash / dollar news today. This time from Argentina.https://www.aljazeera.com/ajimpact/argentina-central-bank-cuts-dollar-purchase-limit-191028044213323.html Again, Bitcoin kind of makes it hard for these measures to be implemented.
Dohnjoe wrote: » Indeed but if they did away with cash in Argentina and somehow switched to BTC they would have different problems, far, far larger problems
