Terra Luna collapse reveals crypto 'driven by hype', top bank regulator says
#TerraLuna #
OCC Acting Comptroller of the Currency Michael Hsu joins Yahoo Finance Live to discuss what the Terra Luna stablecoin crash reveals about the broader crypto market as well as the outlook for regulating digital assets.
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Bitcoin is going to bounce to 25,000USD and drop to 12,000USD.
Cash is King.
Take your profits, if you can.
If you have borrowed to buy, you are going to be in the hurt locker and it's not a market to be in if you don't have the time frame to recover.
Remember, when Mt Gox handled 70% of all Bitcoin transactions and crashed?
Be very careful because, the exchange you are trading through may limit transactions or may become insolvent. If they close the doors and you have your cryptos with them, you may lose.
USA IS WHY THEY CANT REGULATE
EVERY SINGLE MARKET A USA CITIZEN USES AND IS A FAIR MARKET LEGAL MARKET.
USA MUST BY LAWS DEFEND THE ACCESS TO THAT MARKET.
EVERY USA CITIZEN HAS THE RIGHT AND UNALIENABLE PRIVILEGES TO EVERY FAIR LEGAL MARKET AVAILABLE SUPPORTED BY USA AND NOT IN OPPOSITION TO USA.
USA HAS NO POWER TO DESTROY ANY MARKET SPECIALLY ANY MARKET ADOPTED BY THE US PEOPLE.
BY LAWS OF ACCESSIBILITY USA MUST DEFEND ITS ACCESS AND IN FAIRNESS ALLOW EQUALITY OF ACCESS TO ALL LEVEL OF SOCIETY FRO HYPER WEALTHY TO STRUGGLING PARENTS TO USA HOMELESS STREET WALKERS.
THE HUMONGOUS POWER OF THE USA PEOPLE IN USA OR US BLOODED PEOPLE ABROAD HAVE UNMATCHED AND UNRIVALED SUPERPOWER OF A NATION AND ALL USA ALLIES TO PROTECT AND DEFEND THERE RIGHT EVERYWHERE ON EARTH AND BEYOND.
OMG SOUTH KOREA ADOPTED US DOLLAR THRU TERRA LUNA
TERRA THRU CHAI A FIAT PAYMENT GATEWAY SUPPORTED BY 14 south korean banks.
So won digital banking was based on terra.
Terra peg to us dollar
Equals US KOREA UNINTENTIONALLY ADOPTED THE US DOLLAR INTO THERE BANKING BUT ONLY DIGITALLY
SO BILLIONS OF TERRA WHERE USED PEGGED TO US DOLLAR BY US LAW EVERY US DOLLAR HAS PUBLIC DEBT OF $1 BUT EVEN DIGITALLY, THAT DEBT REMAINS.
SO TERRA = 1 DIGITAL US DEBT DOLLAR.
OMG SOUTH KOREA CREATED THE US DIGITAL DOLLAR without usa regulation OMG.
USA CANT MAKE A USA DIGITAL DOLLAR THAT IP BELONG TO SOUTH KOREA NOW
OMG
IF USA TRIES TO RUN DIGITAL US DOLLARS IT HAS TO PAY FOR IP LICENSING FROM SOUTH KOREAN IP
OMG THIS IS HUGE
SOUTH KOREA HOLD USA DOLLARS DIGITALLY NOW TRILLIONS OF DIGITAL USA DOLLARS
(Fourteenth Amendment, Section 4: The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.)
ITS LAW NONE OF USA CAN DEFY
USA allowed the usd peg they permitted it NOW ITS LAW
OMG
The trick is that terra ran FIAT Transactions in sk so SOUTH KOREA RAN UNDER THE US DOLLAR WITHOUT EVEN KNOWING IT.
I'm sorry, but asking about alternatives to money from someone in the bank is like asking someone whose livelihood revolves around oil what good alternatives to oil would be. You're not going to get a valid answer from them because they have anterior motives and don't want people to move away from their main source of income, in turn endangering their jobs.
Tether is the nxt one to drop.. Look out below suckers 😂😂
Tulips 🤣🤣🤣😜
Strong 💪 Agreed* Ada CARDANO is Next to see the Guillotine
Buy more Luna classic coin voyager
<I have learned in recent months is to remain calm, especially when it comes to investments in cryptocurrencies. Learn not to sell in a panic when everything goes down and not to buy in euphoria when everything goes up. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses.The market is very unstable and you can not tell if it's going bearish or bullish.While myself and others are trading without fear of making a loss others are being patient for the price to skyrocket, I would say trading has been going smoothly for me, i started with 2.5 BTC and i have accumulated over 7.6 BTC in just three weeks, with the trading strategy given to me by expert trader Connor Jordan…
Crypto/ stocks/ options all have intrinsic and extrinsic value. What stock doesn’t have some sort of extrinsic value to it? This is propaganda to slow the growth of an up and coming finance sector.
< I totally agree with what you are saying….The fact is, BTC is the future of crypto and the questions traders ask themselves now if this is right time to invest? before jumping into conclusion i think you should take a look at things first. for the past few days the price of BTC has been fluctuating which means the market is currently unstable and you cant tell if it is going bearish or bullish. while others still continue to trade without the fear of making lose, others are being patient. it all depends on the pattern with which you trade and also the source of your signals. i would say trading has been going smoothly for me, i started with 2.5 BTC and i have accumulated over 11.6 BTC in just three weeks, with the trading strategy given to me by expert trader George MCNeil.
This guy doesn’t know what he is talking about
Invest but not as a Luna-tic.
Reading about people grabbing multi-figures monthly as incomes in investments even in this crazy days in the market, any pointers on how to make substantial progress in earning? I would appreciate
Bs. It was an algorithmic stable coin and poorly done…by a guy who’s last project failed miserably. Regulation of crypto is a scary prospect …it will just become a bank and controlled by institutions. It’s important to keep crypto decentralized!
Never sell during a drop. Simply purchase more and wait. Find strategies to stack Stats and acquire crypto with interest.
Don't worry. TulipCoin will come to the rescue.
Hype is rarely profitable in the long term. A short term play or profit can happen if you get in & out quickly. Greed can work against that move.
"A BIGGER RUN"? Come on Terra Luna Classic and LUNA2!