submitted by /u/C4-PO [link] [comments] |
source https://www.reddit.com/r/btc/comments/sckwya/stop_panic_selling_bitcoin_whales_bag_spare_btc/
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It turns out the central bank wasn't speaking on behalf of anybody in government and has no authority to ban anything.
If nothing else, the story highlights the subversive influence that central banks have in all countries. Obviously they all need to be disbanded and returned to the bottomless pit from whence they came.
https://www.rt.com/russia/547197-cryptocurrency-ban-support-parliament/
The market was too inflated to make significant gains, causing many to start gambling on sh*tcoins.
Bitcoin (and global markets in general) are in need of a proper accumulation period.
If this is a true stock market meltdown, the young generation of investors have an opportunity that hasn't existed since 2008!