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RE: Bitcoin vanish major support and now heading towards 9000 and 7500 levels
Sorry but its crashing and burning, it is being dumped to high heaven, if you want somebody to point the finger at, look no further than all the exchange sites, wrongly collecting users ID under the excuse of KYC when we are not customers... Roll on £0.01 per coin, maybe then the retards will stop attempting to extort ID that they were never getting... ;)
You are right, but we are trying to earn from the is speculation. Now every exchange is very strict with KYC norms. Inside what they are doing , no one knows.
I know, the terrorists masquerading as guberment, have legislated KYC stupidity so people can collect ID and then get paid for what we call "subject access requests" What is annoying me the most is the fact that we are not customers of exchange sites so KYC does not apply, we are patrons of the exchanges, and customers of the exchange site other users, the exchange is simply an intermediary who we allow to take a fee from trades in order to cover their running costs.
Personally i am no longer playing with alts because of this ID stupidity, i have not needed to "verify" with exchanges for over 4 years, i will never be "verifying" with them, so they can't share my data illegally without my consent because they aint getting it.
I believe Bitcoin was created to destroy guberment, but the users of bitcoin are allowing guberment the abillity to centralise, regulate and destroy what was built to destroy them.
Honestly bring on £0.01 per coin, i hope they learn very expensive lessons with this 1 :)