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Cryptocurrencies have seen a dramatic fall in value over the last 6 months however it is now ACCELERATING. Prices CONTINUE TO CRASH, BINANCE has suspended all BITCOIN Withdrawals and CELSIUS, which offers holders of Crypto the opportunity to EARN INTEREST on their holdings has just also announced a FREEZE ON WITHDRAWALS. The Governor of the BANK OF ENGLAND has also warned of 100% LOSSES. Is this the start of a MARKET MELTDOWN IN CRYPTO?
For specific details please check out the CHAPTER list below.
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Chapters:
0:00 Intro
2:18 PRICES
3:27 CELSIUS
5:43 LUNA COLLAPSE
8:58 STORE OF VALUE
11:06 SUMMARY & CONCLUSION
#crypto
#celsius
#binance
#cryptocrash
#luna
#GLOBALFINANCIALCRISIS
#RUBLE
#SWIFT
#RECESSION
#CHINA
#USA
#NATO
#WW3
#WORLDWAR3
49 Comments
Burning is bullshit I doubt its real – most of the burn operations Ive seen were just pump and dump scams to lie
Sounds like the Children of God are running another Ponzi scheme.
This is nothing, it already fell 80% and rebounded in the past so nothing new.
Maybe Russia payed some debt with crypto and whoever got it is selling to receive the funds or something.
And btw confidence is not affected because fundamentals is tech which works perfectly right now.
When you invest in something that's backed by nothing you end up with nothing . Gold is a different story and thanks to all those in crypto its keep the price down .
Crypto is just hot potato for grown ups. Problem is some big firms and influential people can move the price early and leave the smaller guys with the hot potato. Analogies š
The Blockchain is the real value. Innovation that disintermediates the global financial system. That's exciting. Not crypto.
I will say I have never understood crypto.
Bitcoin is a store of misery and pain.
Nope, BRICS have been stacking Gold for Decades, to back their currencies, so they're not into trading in Crypto.
Russia, India and China have been involved in Crypto mining profits but that doesn't mean they have faith in trading with Crypto.
In my opinion "gambling" part of your wealth on Crypto is okay but risking a countries GDP on the back of such a volatile base, over which value they have no control, would be insanity.
When the value of the Ruble was attacked, they could restore the value in short time, through the Ruble for Gas program. They would not have that lever to control the value of Crypto.
Not to mention that there is not enough Bitcoin (for instance) for sale anyway, so the price of the Crypto would become even more unstalbe and inflated in the short term.
In Short, the BRICS agreement was based in GOLD production and currencies that are highly backed by GOLD.
That is why my country was included in BRICS.
The other big producer of GOLD is Australia and the have ALL their GOLD bought by BRICS countries.
If the West has a Silver Bullet to break the Russian economy, WITHOUT SINKING THEIR OWN, I have yet to see it.
CRYPTO is a SCAM
Well, I guess this means that the price of graphics cards will finally get back to normal?
i love it. Crypto collapse is good for the environment
michael saylor looks stupid now.
If we are going to continue using currency… any currency…. then it needs to be anchored to something tangible… in high demand, and expensive to begin with. For this reason, I'd go with Ricky Gervais being the currency standard.
BTC and crypto is off helping to regulate<, rather than pretend it won't ever happen. The big institutions getting in is the catalyst that will launch us into the stratosphere. Most people don't like change but after the change is made they grow used to it and it becomes a non issue usually because their fears never materialize. And benefits they were unaware with before turn out to be far more beneficial. Few if any rug pulls. The projects that initiated the process of regulation have not been ruined, they got involved in setting guidelines and helping the regulators understand the crypto space. Iād get involved more knowing that I have made over 16` btc from day-trade with Carolyn Halles Crypto in few weeks
Lololololol! I donāt take any pleasure in telling these insufferable Crypto Bros that I told them their stupid, pointless electronic gambling tokens, butā¦ Oh wait, yeah I do.
Joe knows his crypto. Great job mate.
I warned people on this platform earlier this year, crypto is the creation of the agencies and it was never for the benefit of the people. The agencies and controllers lost their NEW money source after the crash of 2008 and had come up with this gimmick u fortunately most people are naive to trust the governments and banks! In addition crypto technology is very slow to accommodate the worldās financial transaction and there isnāt enough of them. They keep calling it ācurrencyā but is is not! It was only a matter of time for this to happen. Keep your hard earned dollars out and away from these institutions otherwise you are complicit and you will suffer badly.
Bitcoin is basically dead. At least for a few years. Good luck convincing big institutions now. It's likely going to free fall below $10k and that will be that.
Crypto only had value while someone was willing to pay more for it than you did. It never had any other real value. I believe we will all be using crypto, but it will be issued by governments as the currency. The governments will love the blockchain which is supposed to track transactions. No government will like not having control of money.
Human being is such a joker.How can you buy numbers own by nobody controlled by unseen or unknown entities and backed by nothing and some invest soo blindly??surely !How low can we go as humans?
Gold up 1%, big deal… Bitcoin down 50%, that's an even bigger deal!
Crypto is crashing because it's all scams and fraud. Look at the endless spew of NFT's and crypto coins that are pyramid schemes with no downline.
You would have to a LUNAtic to put all your savings in cryptocurrency.
When money is lost, where does it wind up? Who has gained it?
On this channel there is always the end of the world
Crypto is nothing more than play money.
The two main reasons Crypto has fallen, is no Quatitive easing and taking money off the market. Than we have, Russia taking over the Ukrainian Crypto market and using that money to fund the war. It will settle only in September. Russia has moved to gold backed currency. Which will be the new digital gold backed currency. Everything is changing
I don't see any crypto pusher video popping up today. They went into total silence. It's a good time to buy if you believe in it.
With no fundamentals underpinning cryptocurrencies they have no intrinsic value. It's electronic Monopoly that's all.
This process is necessary to get rid of all the crapto coins . There are far too many options and most are weak and cannot be trusted without any portfolio.
It's indeed a turning point in the scamming market.
Crypto Disco.. Burb baby burn, crypto inferno.. I wish I had a dime for every fool that didn't see this dumpster fire coming. It's a dumpster full of gasoline and dry kindling ..surrounded by arsonists where arson is perfectly legal.
I dabbled in it for under $50 invested a few years ago and dumped all of it and broke even just as the first crash began..
Unfortunately due to government laws and restrictions and taxes , the crypto market has lost its value as a free market. It is now bound to the Dollar and what the Dollar does crypto does. Bitcoin cannot go its own way as before. There is no confidentiality from taxes or personal details. They want your personal details , address , photo , copy of ID etc etc .
The crypto market is down to one trillion now. You were a bit too optimistic Joe, with your one and a half
Joe blogs is the best news caster.
for each upcoming 1% US stock market drop, BTC will lose 3 to 5% .. guaranteed.
Does this have anything to do with #missionplus š¤š¤š¤
The only reason why a crypto will increase is to find someone else to buy. No buyer and sellers hence the value of a crypto is like tulip bulbs or turds values. I donāt want turds as I canāt find someone else to buy at more than I paid. Guess what will happen? Run quick !
You will lose all your cryptocurrency and you will be happy. š¤£š¤£š¤£
Hahah – "Start of Something Big Happening" – Nothing BIG can happen when there was NO SUSTANCE to begin with. Crypto was always VAPERWARE . The biggest Ponzi scheme since the 2007-08 CDO Wall St Fraud, (before then '2001 Tech Wreck', '1987 Black Thursday', '1929 Wall St Crash' etc).
do not 'buy the dip', do not be a dip shit.
Ohps – All the Crypto Exchanges have taken your money and closed shop. Again authorities are MIFA.
My my So what will the Latin American Countries which tied their Currencies to Bitcoin, Apocalypse Now ?
CELSIUS – Where are those those, in the chain, that deposit 'hard currency' to first acquire CELSIUS. ???
Cue the bots investing all their worth in crypto
Is there any listing breaking down of the Assets of CELCIUS.
Crypto ….
Otherwise known as a pyramid scheme.
Ironically your rare foray into the Crypto markets is also one of your best videos. Its a thumbs up from me