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RE: South Korea Is Out of The Bitcoin Market

in #bitcoin7 years ago

iam sorry for saying this, your wrong.
bitcoin is not dying, its loosing some weight in cryptomarket compared to others,in other words many coins are doing well, market is growing rapidly.
this buffett 'panic news shows how hungry they are to make their own profit with. they all start realize blockchains are fk useful and to decentralized to stop them. (they even couldnt handle n.korea) ofcourse bitcoin has not arrived at his final stage and has potential to get more efficient. at times like this, they all try to get a cheap deal which they payed with money, earned easily every day from their working people, payed with gambling money from their petty cashs.
price rallys back to 15...20... and at 25.000 'we buy it back - thats the way people pay for.
i can good remember last panic news from jpmorgan? at BTC ~2k, i bet they are in now :D
anyways its a winwin situation, if they arent right- years later no one remembers 'this one article,they will say how genious investment banker they are, cause they made xxx% profit - good old way how the media pr works

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banning sth is primitiv and smells like middle ages, how should this work out? they couldnt effort to handle this. its useless like every other goods. if you make it illegal, people starts geting crazy wants to have it and? buy it, behind new wall in Mexico!)some kind of controlled handling will be a rational way how they might be operate to handle situation with tax,crime,... but wont this boost crypto aswell. more people will start getting in contact with, perhaps at banks? which creates more trust.
their are not much alternatives to invest to, stocks at alltime hight. bond market trends to zero. they wont shoot at young milk cows.
now, we all should get a big glas of goood milk ,yumyum :>

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