Turkey is initiating a crypto payment ban that will come in full force on April 30th where no one in Turkey can use their crypto currencies to pay for anything.
The price of bitcoin dropped to 60300$ from 63850$ within a 24 hour period. this seems crazy but I'm very sure that bitcoin will comeback from this hit just fine as long as other government systems don't follow in the footsteps of Turkey. But has Turkey began paving the road for others to drive on? Will this action be one for other governments to follow in other words. well Edward Moya said.
The biggest fear for many crypto traders has always been that big governments might impose harsh restrictions on cryptocurrencies.”
Edward Moya
And we all fear that our dedication in crypto may crash one day but we all have faith that it wont. is it ignorant for us to believe that crypto is for ever, I don't believe that it is forever in fact I feel that same as Elon Musk when I comes to crypto.“People should not invest their life savings in cryptocurrency, to be clear — that's unwise.”
Elon Musk
That is all I have today, more tomorrow!
Likes, comments and follows are all appreciated but not necessary
signing off
: geko
Wow you really keep up to date on things! Great job staying active, and keeping US informed!
Congratulations @gekoguy! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :
Your next target is to reach 100 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPCheck out the last post from @hivebuzz:
Support the HiveBuzz project. Vote for our proposal!