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gallianooo
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April 16, 2021, 12:26:19 PM |
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75/80K before end of April ?  |
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20kevin20
Legendary
 Offline
Activity: 1134
Merit: 1598
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April 16, 2021, 12:46:13 PM |
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I can't think WHY Turkey would ban Crypto.
A desperate attempt to limit the people's horizon so that the TRY maybe somehow recovers. Spoilers: it won't, and the BTC ban will only make it worse for them since BTC will simply be used underground instead, lol. |
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lightfoot
Legendary
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Activity: 3150
Merit: 2257
I fix broken miners. And make holes in teeth :-)
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April 16, 2021, 12:56:47 PM |
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I can't think WHY Turkey would ban Crypto.
A desperate attempt to limit the people's horizon so that the TRY maybe somehow recovers. Spoilers: it won't, and the BTC ban will only make it worse for them since BTC will simply be used underground instead, lol. Yep, say bye bye to tax revenue from bitcoin transactions. Of course a few people will be "caught" and an old lady or two will be executed or something like that. The usual. |
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proudhon
Legendary
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Activity: 2198
Merit: 1311
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April 16, 2021, 01:11:37 PM |
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Looks like the terrible confirmed news (for bitcoin) out of Turkey plus the failing COIN listing have finally popped the last bubble and caused the bitcoin market to begin catastrophically crashing. Sad days ahead for bitcoin fans.  |
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BitcoinBunny
Legendary
Offline
Activity: 1540
Merit: 2766
Far, Far, Far Right Thug
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April 16, 2021, 01:13:45 PM |
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BitcoinBunny
Legendary
Offline
Activity: 1540
Merit: 2766
Far, Far, Far Right Thug
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April 16, 2021, 01:18:26 PM |
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Looks like the terrible confirmed news (for bitcoin) out of Turkey plus the failing COIN listing have finally popped the last bubble and caused the bitcoin market to begin catastrophically crashing. Sad days ahead for bitcoin fans. Don't think you zoomed in enough on that graph. |
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BitcoinBunny
Legendary
Offline
Activity: 1540
Merit: 2766
Far, Far, Far Right Thug
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April 16, 2021, 01:33:50 PM |
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philipma1957
Legendary
Offline
Activity: 4242
Merit: 8491
'The right to privacy matters'
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April 16, 2021, 01:36:12 PM |
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Looks like the terrible confirmed news (for bitcoin) out of Turkey plus the failing COIN listing have finally popped the last bubble and caused the bitcoin market to begin catastrophically crashing. Sad days ahead for bitcoin fans. I love you bro. I just purchased 0.05 btc at 60k it is back to 61k So my adventures in Doge hodl are done. turned 2500 usd worth into 70000 it is now part usd and part btc. We still mine it about 10000 coins a month. Last summer that was 25 usd a month it is now 3000 usd month. These are superheated numbers. Now if I can get my partner to sell some of the 600k coins he is hodling and buy some btc and some mining gear. He has turned 1500 usd worth of doge into 180k if he sells it today. Have to give him credit for hodling it this long and this hard (#nohomo) Things look good today. BTC is moving up again. 65k in the next 72 hours. |
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d_eddie
Legendary
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Activity: 2618
Merit: 3414
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April 16, 2021, 01:36:20 PM
Last edit: April 16, 2021, 04:06:52 PM by d_eddie |
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Erdoğan is a monetary dove. He fired his Central Bank president because the guy was trying to fight the massive inflation by raising the rates - which is exactly the job a central bank is supposed to do. However, Recep begged to differ, since his aim seems to be that of keeping the economy going as smoothly as possible, even if inflation skyrockets and savers and importers pay a bitter price. Of course, the smartest Turks fight inflation with other means: gold etc., and most of all, bitcoin - which is very popular, especially among the (generally anti-Erdoğan) urbanites. The recent law only bans purchases denominated in btc - not the purchase/sale/trading of btc itself. Not sure what it's meant to achieve, really. Just an entrée for more draconian laws? How effective can they be when even the cost of a kg of locally sourced fish doubles? My popcorn is ready. |
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yefi
Legendary
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Activity: 2842
Merit: 1511
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April 16, 2021, 01:38:08 PM |
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They're pumping some right old tat recently.
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BitcoinBunny
Legendary
Offline
Activity: 1540
Merit: 2766
Far, Far, Far Right Thug
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April 16, 2021, 01:42:28 PM |
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Doge will beat XRP and BNB probably.
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Millionero
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I can't think WHY Turkey would ban Crypto.
Turkey isn't banning crypto. I've spent about four months in Turkey over the last year. There are storefront exchanges in Istanbul where you can buy and sell crypto without any kind of kyc, using USD, Turkish Lira, and Euros (at least, I don't remember having to show ID. It was several months ago and I don't have total recall). Fancy places with flashy signs and digital displays showing the Binance realtime price feed, that sort of thing. I don't know to what extent paying for real estate or cars etc. was a thing in Turkey, but trading crypto for fiat is done quite openly and seems to be unregulated. I sold a few hundred euros worth of bitcoin in a store near the Old Bazaar just to get the feel of it. Turkey's approach to crypto was quite laissez-faire when I was there. And this new regulation doesn't seem to be directed at the crypto activity that actually prevails in Turkey , namely the buying and selling of crypto. The new rules mean you just can't use crypto as legal tender, or to put it another way, you can't barter crypto for things. None of us likes to see regulations like this being imposed, but as Bart Simpson would say: don't have a cow, man. This is on a tangent, but another country where you can do cash/crypto OTC trades without kyc is Vietnam; been there done that. |
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LoyceV
Legendary
Offline
Activity: 3430
Merit: 17348
Thick-Skinned Gang Leader and Golden Feather 2021
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April 16, 2021, 01:48:46 PM |
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CoinMarketCap is confused: 
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Richy_T
Legendary
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Activity: 2548
Merit: 2263
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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April 16, 2021, 01:54:25 PM |
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Damn. My cousin ( the altcoiner I'm meeting tomorrow), once had nearly 1 million DOGE. At that time he said he would not touch them until the thing pumped. He ended up selling them early and without much profit. Now he has none. I guess it's a roll of the dice. For some it works, for most it doesn't. The only sure thing is to buy Bitcoin. Tried, tested and proven by math & science. And no, llamas cannot sing. Holding is an act of conviction. Those entering just for some easy money will tend to be guided by emotion and not have a plan. Prey, not predators. He probably wouldn't have been any better off with Bitcoin like when I sold some to my friend and he immediately traded for an alt. I believe his "investment" has currently recovered to about half what he paid for it. |
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BitcoinBunny
Legendary
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Activity: 1540
Merit: 2766
Far, Far, Far Right Thug
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April 16, 2021, 01:56:15 PM |
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It can't keep up with the changes so rapidly, even Binance got messed up right now I noticed. |
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heslo
Legendary
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Activity: 1197
Merit: 1126
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April 16, 2021, 01:57:31 PM |
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Well thanks to a little play money and DOGE I increased my BTC holdings by 0.1 BTC. Nothing huge but hey, it's something. Called the top too but fuck doing that often, too stressful for me
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BobLawblaw
Legendary
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Activity: 1859
Merit: 5660
Neighborhood Shenanigans Dispenser
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I think I'm going to re-evaluate my entire existence this weekend.
DOGE pumping as it is, will end in a lot of pain, for many noobs.
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heslo
Legendary
Offline
Activity: 1197
Merit: 1126
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April 16, 2021, 02:22:39 PM |
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DOGE pumping as it is, will end in a lot of pain, for many noobs.
Absolutely, a lot of noobs will pile in thinking they'll become millionaires overnight but it's not gonna happen. Not much you can do about it mate, unfortunately people are willing to throw money at silly things and people smarter than them will always be there to take advantage of that |
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