I know you guys are opening champagne bottles waiting for your coins to reach 100K. This post is more about to warn you of the rules that are taking place as we speak in EU. https://www.esma.europa.eu/esmas-ac...ovation/markets-crypto-assets-regulation-mica I know that is a lot to read, so here is a more digested one. https://www.financial-news.co.uk/un...r-usdt-in-europe-cryptocurrency-implications/ If you hold Tether and are in Europe be aware that you have until Nov 2025 (one year to go) to withdraw your cash. Tether has been known as a laundry machine for counterfeit money and their very suspicious accounts have never been audited. Be aware that a massive correction on the major coins might come due to the simple fact that Tether is not going to be able to pump those coins in Europe anymore. So take care of your finances and do not follow that stupid slogan about holding forever, because you might get caught in the dump. Cash out first and let others fight their own greed.
Tether never pumped anything except tether and nobody cares about MiCa since the financial industry in the EU is non-existent Tether even sacked EurT since nobody uses it.
It's going to be interesting to watch it all come crashing down. There will be no trading halts or "circuit breakers". One day crypto will be worth $$$ the next day almost nothing. Once the panic hits, there's nothing to slow it. It's like watching people brag about their investments in Madoff Investment Securities. "This is new technology! Why should we expect some company that supposedly has 100+ billion in assets to be able produce a simple audited financial statement!"
I also think so it'll be an instant -90% overnight. Price can move quickly. But WHEN? Madoff only collapsed when the financial crisis hit and even then he admitted to family members who "ratted" him to the police....
This is such a pathetic cope good lord. For the 700th time tether is just a stable coin. There are many others that do literally the exact same thing. If tether went away people would just use another stable. None of this means Bitcoin (or any other non stable coin crypto) would go down. Good lord get a fuckin clue.
You 'muricans must be boiling inside with how the power is changing hands in the world. https://www.bertelsmann-stiftung.de...peans-prefer-greater-independence-from-the-us We had too much of your nonsense and extreme capitalism. It is time to clean things up.
That's when reading the article actually helps to enter a debate with others. The regulations are about stable coins, all of them. I was not expecting any of you to read the official website. You guys don't read that much, but the article I posted is a well written summary, specially posted for lazy coiners.
That's exactly the problem, I just wanted to point out that they have time to cash out now while the market is distributing at the top. It is obvious that they are trying to deliver as much crypto as possible among retailers. And we all know what happens when they get to do that, we have seen it many times.
Why don't you people who hate crytos create threads about securities actually rising? You are obsessed with negativity. If you are correct why aren't you taking all your money and shorting BTC & MSTR to zero? You people are just like the short NVDA crowd. Talk Only No Action. At least @S2007S shorts MSTR & ETFs daily. He has gumption. You guys are addicted to talk.