Russia to Ban Crypto Exchanges?

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0:39 Russian Exchange Ban?
2:45 Worth Financial Decision in History?
3:19 Should you sell Everything for BTC?
3:56 Market Update
6:04 YouTuber Pumps
7:28 Average Thoughts
8:02 Japan is the new China
9:10 More Average Thoughts
9:35 Vibe and Walton
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💬 I am not a financial adviser and this is not financial advice. I'm just a humble man with a great passion for all things block-chain, even tangle. 💰 My recommended exchange is CoinBase: http://bit.ly/2hZh8bg 🔒 Recommended wallet is the Ledger Nano S: http://bit.ly/2xeymFX ◆ Steemit: https://steemit.com/@crypto-daily ◆ Twitter: https://twitter.com/Crypto_Daily ◆ Facebook: https://www.facebook.com/thecryptodaily/ ◆ onG Social: https://ong.social/cryptodaily ◆ Bad Financial Decision: http://bit.ly/2hA7Z5M ◆ His Kids' Toys for BTC: http://bit.ly/2yerFWo ◆ Japanese Energy: http://bit.ly/2zaeKDb ◆ Russia News: http://bit.ly/2i1kMCf + http://bit.ly/2y8ZFl9 ◆ Average Thoughts: http://bit.ly/2ydUDFO ◆ Walton Announcement: http://bit.ly/2kEcWPI

~~~ embed:917463355593502720 Not really, although that money might have gone to tax payers, since when is it their job to speculate on stolen assets? It was dodgy enough that they sold them. twitter metadata:bG9wcHx8aHR0cHM6Ly90d2l0dGVyLmNvbS9sb3BwL3N0YXR1cy85MTc0NjMzNTU1OTM1MDI3MjAgTm90IHJlYWxseSwgYWx0aG91Z2ggdGhhdCBtb25leSBtaWdodCBoYXZlIGdvbmUgdG8gdGF4IHBheWVycywgc2luY2Ugd2hlbiBpcyBpdCB0aGVpciBqb2IgdG8gc3BlY3VsYXRlIG9uIHN0b2xlbiBhc3NldHN8 ~~~
https://www.businessinsider.com.au/this-39-year-old-sold-everything-he-had-for-bitcoin-house-car-and-childrens-toys-now-he-lives-on-a-campsite-waiting-for-the-ultimate-cryptoboom-2017-10 It’s such a strange world we live in. This reminds me of a archived post from 2012 where someone was thinking of putting his kids’ college tuition money into Bitcoin, and he got flamed to the dust for suggesting it. Well it would have made him very rich. Selling your kids toys though? At least allow that.
Bitquence is into the top 100 and up 24%, what news drove that growth? A popular crypto youtuber did, apparently. I’m curious as to what your opinion on this is. Is it a good idea to follow a youtubers advice and buy a coin? What I mean by this is if I were to say to you all to buy such and such low volume coin that is good, and it causes a big pump, do you think it will be sustainable and you will all make money? Or will some of you buy in at the all-time high and get burned? Genuinely curious, let me know your thoughts. Of course, it depends heavily on the project… I guess we will see what happens with this coin. Although the fork is approaching so may be an unfair test.
Let’s take particl for example. It hits all of the buzz words, privacy, nice wallet, encrypted messaging, lowest price point yet, low supply. Time to pump? No, I can’t recommend it with an upcoming fork, and potentially not unique enough, although definitely better than a lot of other privacy coins I’ve seen pumped. But Ethereum is getting some privacy features with metropolis anyway. I think it would be genuinely difficult to ensure you all make money here. What about DNT? I don’t want to see anyone lose money in crypto if at all possible.
No doubt we are going to see some amazing deals on alt coins as we get closer to the fork. B2X coins are nice, but are they really going to even double your money? Unlikely. Alt coins can and much more.
Bitcoin dominance is at 52.2%, haven’t seen that in a while. Rather interestingly Ethereum could be considered to be doing quite well hovering at $300. In 12 months ETH supply increased from 85m to 95m (~11.7%). In the same time BTC supply increased from 16m to 16.6m (~3.8%).
There were a few people suggesting that they go to Litecoin to wait out the fork, you can already see how this is a bad idea, it didn’t work last time and it won’t work again.
https://news.bitcoin.com/japanese-renewable-energy-provider-low-flat-rate-electricity-crypto-miners/ The Japanese are super embracing crypto. The new china confirmed.
How dumb do you think people are? https://www.cryptocoinsnews.com/breaking-russia-will-block-bitcoin-exchange-websites-says-central-bank-official/ https://www.coindesk.com/russias-central-bank-backs-move-to-block-bitcoin-websites/ I’m insulted. Cryptocurrencies are incredibly useful in transferring value, and help bank the unbanked, and unbank the banked. It makes sense if you think about it.
Although I don’t mean to minimize it, if this is true it’s pretty bad. How many other governments will ban it? But you can’t ban the internet and decentralized exchanges will ensure Bitcoin isn’t going anywhere. It just makes taxes more difficult.
I’m an average guy, and my thoughts are potentially shared with many: ~~~ embed:CryptoCurrency/comments/75fnz0/selling_btc_at_near_ath_to_buy_depressed_alts/ If they all feel the same perhaps the day of the deals will be earlier then later. reddit metadata:fENyeXB0b0N1cnJlbmN5fGh0dHBzOi8vd3d3LnJlZGRpdC5jb20vci9DcnlwdG9DdXJyZW5jeS9jb21tZW50cy83NWZuejAvc2VsbGluZ19idGNfYXRfbmVhcl9hdGhfdG9fYnV5X2RlcHJlc3NlZF9hbHRzLyBJZiB0aGV5IGFsbCBmZWVsIHRoZSBzYW1lIHBlcmhhcHMgdGhlIGRheSBvZiB0aGUgZGVhbHMgd2lsbCBiZSBlYXJsaWVyIHRoZW4gbGF0ZXIufA== ~~~
Vibe is getting listed on HitBTC, one of the top 5 exchanges in the world apparently, and Walton is also being added tomorrow: https://mobile.twitter.com/Waltonchain/status/916492214947110912/photo/1