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RE: A F*ck You From The Banks? A Picture Is Worth 1000 Words... Or More...

in #bitcoin7 years ago

hi dont really understand your message in that picture? Could you please explain further?
Even though my balance droping 25%, i am prepared to buy more at bottoms

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Oh, I'm sorry. What I mean is that many Cryptopians see XRP/Ripple as the bankers coin. 2/5 of the top cryptos when listed from biggest increase in the last 24hs are XRP and Tether. Tether is something that is supposed to be pegged to a USD value so the rise in tether indicates people selling out to hold tether. Given the large amount of cryptos I find it ironic at the least that the coin market cap looks how it does right now.

tks
BTW, i have the same opinion too regarding XRP and Tether :-)

Also I am a believer that the large governments in the world are obviously buying crypto even if its not disclosed to the public. This technology is disruptive and I dont know much about taxes in other parts of the world but I know that the IRS is pissed in the USA and they want tax money this year so I expected a massive drop before the years end despite last year bitcoin continued to rise until just after the new year and took a dump. I suspect the price of BTC will be suppressed until the years end now.

Also I am a believer that the large governments in the world are obviously buying crypto even if its not disclosed to the public. This technology is disruptive and I dont know much about taxes in other parts of the world but I know that the IRS is pissed in the USA and they want tax money this year so I expected a massive drop before the years end despite last year bitcoin continued to rise until just after the new year and took a dump. I suspect the price of BTC will be suppressed until the years end now.