THE CRYPTO MARKET UNDERSTANDS THE PLAYGROUND
I liked to use this data figure to pinpoint where #BTC is heading through the whole drama of crypto these days. When I look back at September percentage number, it is not as bad as predicted yoy.
This year May was the worst for crypto in general.
The trend remains bullish in the circumstances.
It is clear China is no longer an issue when you think of crypto.
They have their own problem to deal with.
They have been manipulated their currency in the eyes of the dollar for years.
It will be hard for them to do the same with crypto creeping down their economy.
As you know control is what keep the country controllable.
Lately they had issue with Australia but now they are buying Australian coal.
This is the closest place they can get it so minus well get it.
It is business after all.
Despite everything you hear and read out there, #btc did grab 24% in October.
It was like all break loose for many tokens.
Even Hive managed to pull something worth being content for.
It is unforeseen to see regulations are coming from folks
that used to be part of the same system they come from.
You wonder, is there such a control for real,
when you discuss about the financial system and you earn all your fortune from it?
I guess conflict of interest only matters to only a group of people.
The latest news that is circulated, has to do with a draft or order for crypto in general.
Usually we tend to sell the news.
I guess we are buying this news and wait for the price to come by.
Crypto holders do get the memo.
Apparently something needs to follow in order for the institutions
to get fully involved.
Hard to tell the real value at stake, but billions are the words you hear daily.
Everyone seems to worry so much for crypto. First there is a blockchain.
Everything can be viewed on the blockchain.
Every quarter many companies revealed what they have on their balance sheet.
They can track the blockchain.
Definitely it will bring light to mishap and corruption.
The framework we have now has holes that need to be plugged.
Believe or not, taking the emotions out of the room,
it will be clarity and the bull will continue it route.
So much is mixed with crypto in the US.
It will put a dent in case of change of view
compare to the appreciation it has receive lately.
So much companies are growing the economy with crypto in mind
so you know any move will have to help the economy.
At one time a representative did state,
the US should hold crypto in their balance sheet
Maybe I should say the Fed should do that.
Who knows it could help them to eliminate
the national debt they have now and put it on the back of BTC or crypto in general.
That would be a formidable way to approach crypto.
Everyone will play fair and control their book.
Every inaction boosts the holders to follow what they know,
it is best for them. It has been that way for a long time.
Only a few benefit from the growth of each period.
So far crypto changes the cycle where everyone
can be part of something that can turn to millions.
Bitcoin itself rose its market dominance to 42.7%.
Yes it is going back but not so fast since
it needs to be on fair ground before all altcoins to follow.
The cry for a change has been heard all across the globe.
Crypto is not a country business,
it is a world business where like mind get together and make things happen.
If there is one thing you need to remember with crypto,
it does not need anyone to regulate.
All holders made the decision,
this is the best for me in this crazy time we are leaving.
As always controlling parties want to change things.
Crypto cannot be regulated,
we can, under the jurisdiction you live in.
Crypto is the change that empower many to change their lifestyle.
Crypto could mean anything to anyone.
Every time I think of the power #Hive instills,
It is mind blowing to see people from all over the world
using a blockchain to write, after couple years
they have US$20k in their account. This is hope.
You take care of what you know.
Keep holding, time will dictate you the next move.
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According to your post,if Crypto currency are following that chat that means we are going to expect more bullish rally this month.
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Not just this month, the rest of the year
and after.
Just keep your emotions at bay
no matter the direction of the market.
This is the heartbeat of any financial activity
a time to buy , a time to sell.
!BEER
That's the truth
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Looking at data is always risky as things can change and they will change as crypto matures. What we know in 10 years from now will not be the same as today and what has happened previously. The institutions coming into crypto and removing Bitcoin from the exchanges will have a huge impact the more this happens.
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It will open the door for altcoins to move forward
We have short memory, graphs tends to remind us how to be careful and plan wise.
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That is why cryptocurrencies are incredible since they cannot be regulated and if there will come times where the person, business or government that does not have crypto assets will be in the past since they came to stay to help us improve our economy.
This is a wish. it will remain a wish to have government intervention.
Crypto exists for a reason.
You and I will the utmost to give it value.
!BEER
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