When is thus general Bloodbath likely to end guys?... All Capital tied up 😰😰
Well,do you believe the regulators in various countries that say that Bitcoin and Crypto are all schemes to take our money and avoid taxes and
terroism and the dark net?
That is the claim, for increasing regulation and tax compliance and the rest of the FUD...
IF above concerns you, you should take your profits and run...
myself, I mine, I'm legal, my hoard is legal etc
So IF the majority of folk can live with regulation and paying taxes and crypto is NOT used in the above manner all the Gov't and other are FUD'ing about
well, the price will resume an upward path, simply because the majority of us HONEST folk using crypto and BTC will HOLD
and with 80% of all BTC mined
it will HAVE TO AT LEAST GO SIDEWAYS FOR A BIT IF NOT UP IN THE LONG TERM
place your bets, gentleman, are you on the Dark Side of your view of Crypto (banks/gov't concerns) or are you on the light side of crypto (honest use as an alternative
to banks/corrupt gov't's and an alternative way of moving money and a decentralized store of value)
anyway, how I'm looking at it...and I have a significant amount of coin that the dump of BTC in the $9K range...'hurt my tummy' more than a little bit
I do believe however there will now be international coordinated FUD and regulations to limit crypto, but they can only do so much if the majority of us are legal and hold,
even in those countries where BTC and crypto is outlawed....you can still slip it out via USB drive to a relative or whatever outside that country exchange (me thinks)
anyway, pick your viewpoint
(We wanted BTC and Crypto to gain mainstream attention, goes to show: be careful what you wish for, you may surely get it!)