CoinSwitch turns 4 today🚀
As we celebrate 4 years of crypto revolution, we are giving away #Bitcoin worth INR 100000. Quote retweet this announcement tweet with the hashtag #CoinSwitchTurns4 to participate & 200 lucky winners will win #BTC worth INR 500 each.
TnC 👇
"There is a long standing human desire to hold an asset that feels separate and apart from the day to day workings of governments. " - @LHSummers on #Bitcoin
A crackdown on miners in China would radically reduce the carbon footprint of Bitcoin mining, increase the profitability of all the remaining #Bitcoin miners, reduce nagging China FUD, support progress toward our ESG goals, & drive up the value of $BTC. We should be so lucky...
I think trading #bitcoin while reading twitter is a bad idea. The news that governments expect you to pay your taxes and abide by existing laws should not be driving panic in the marketplace. The main stream interpretations are almost always the opposite of the true implication.
Nah I think someone forced the price down because when you look at the coinbase chart, it's as gappy as the capitulation few days ago but almost no liquidations were present this time.
Then they release this post to make people panic sell at low prices where they scoop up.