Bitcoin drops

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rockstah said:
Does it even matter for India? Remember the prices of GPU when it crashed to 30k and below? It was nowhere close to MSRP, prices aren't going down anytime soon in India. Unless it crashes again to 30k I don't think we're gonna get any meaningful discount.
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Brother, there will always be some other coin to mine so this is like an ever-ending circle.
 
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imad7x said:
What are your thoughts on buying a hell lot of silver?
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Could work out in the long term.... but short term.... i find it on the higher side of pricing.
Bear in mind.... when the economy fails, silver will not appreciate as quickly as gold.... if you are thinking of hedging USD.
 
"The problem with socialism bitcoin is that sooner or later you run out of other people’s money" – Margaret Thatcher
 
mavs111 said:
Could work out in the long term.... but short term.... i find it on the higher side of pricing.
Bear in mind.... when the economy fails, silver will not appreciate as quickly as gold.... if you are thinking of hedging USD.
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USD is highly overvalued and a world criris is imminent. Every joe talks about crypto. Gold and Silver are definitely going to get shot up like never before.
 
China is now taking action against miners.

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www.indiatoday.in

China tells govt companies to stop Bitcoin mining, says action will be taken if order not followed

NDRC, the agency responsible for regulating the economy of China, has warned that state-owned enterprises found to be involved with Bitcoin mining will be prosecuted with heavy penalties. The agency will also instruct provinces and municipalities to crack down on such mining operations.
www.indiatoday.in www.indiatoday.in
 
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tommy_vercetti said:
I do not understand allowing one while banning others, most of the coins are easily convertible
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I believe exchanges will also have to delist said coins in the regions they're being 'banned' from
Ofcourse there's always going to be a way around it but I guess as long as they get what they want lmao
 
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