Yup, all the while the rest of the world goes the other direction. China will have to settle for the wisdom of the powerful. The rest of the world will be establishing a foundation of trust and legitimacy.

We'll see which offers the better outcomes.

Pretty much. Central bank digital currencies are an authoritarian government's dream. All they need to do is get rid of the competition.

those are rookie numbers, not even BTC level 99% drop yet

Hope you got out what you wanted Nich. Just as long as you have enough to get you by until the next spike I suppose.

ANON INU just went to 0.00, which I guess makes it an infinity-percent drop.

Look at all these buying opportunities! Bargains to be had!

I reckon its got a ways to go yet. Why would the trend end now?

I'm pretty much DCAing these days, I buy no matter what the price is doing. No shitcoins though.

That's what I tell everyone to do. The people who have taken my advice haven't complained so far.

"This bear market looks extremely bullish for Bitcoin. All the weak hands will be shaken out." ::facepalm::

Same here. I buy 100 quid a month for the last 2 years or so. Occasionally I cash out a 600 quid so it can keep buying ETH for another 6 months. My plan is to do that till I retire and take it as a bonus to life.

half time oranges finished, 2nd half begins.

Jesus what happened this morning? Everything has taken off like a rocket.

^ I see what you did there...

Amazon rumours plus Binance printing $1 billion BUSD to wash-trade and pump the price.

...and Elon tweeted again didn't he?

I thought he just pumped the price for his earnings report so he doesn't look like an idiot and then gapped.

Pure speculation, but the timing is impeccable.

Tether execs now being investigated for bank fraud by the US Dept of Justice.

EIP1559 doesn’t seem to be hurting ETH so far…

Hey guys chill out with the crypto for a minute plz, I want to buy a new GPU in the next 12 months. Thanks

Ethereum upgrade means staking can be done on NUCs and Mac Minis. Biggest threat to GPU prices are shipping costs + chip shortages.

This is the real shit.

Looks like it.

Binance warning signs are flashing, rugpull looking more likely. Don't leave anything sitting on there.

god mode activated

You're more in touch with this sort of thing than I am. What are the warning signs?

Not OP, but I found this

My big warning signal was when they converted my BTC into ETH without telling me.

Self custody is the only way. Can be done at no cost with something like Jaxx wallet

Aside from the excitement of gambling, what reason is there to have your value on an exchange?

Arbitrage opportunities, convenience, laziness.

Some tips from my accountant for buying selling in Aus CGT:
- Get private health insurance with minimum of hospital cover to avoid medicare levy from ATO
- set up a discretionary trust and buy any future crypto through that. Now friends and family can retire debt free too!

In other news, shadowy super coders win the day as US congress turns its eye of sauron onto crypto.
https://newsletter.banklesshq.com/p/...et-monday-lite

Malicious compliance time. DDOS time. They ask crypto traders to report any and all transactions, so now each individual can print out the blockchain and let the gubberment sift through the mountain of data.

Humongous US$611 million hack on Poly Network.

DeFi: the future of finance (loss of funds may occur)



Here's a DeFI REKT leaderboard from prior to this attack.

Also this: a short story from crypto land.

Oh god, my sides.



Hence the people!

Oh lol.

Crimes at this scale get law enforcement signing up to your newsletter, not trying to take you down. They're probably being congratulated right now.

Was it a hack, a bug, or an inside job? If it’s the second, I’m not even sure that a crime has been committed…

Seems to have been an exploit of a poorly designed smart contract. I don't know if it was a crime either.

The letter "appears" to have worked, kinda?