BITCOIN

Malthusian

Binance refuses to disclose information to the FCA including who is behind it, remains banned from regulated activities in the UK

Nothing to see here bros.

thegentleway

Bitcoin came up on one of the podcasts I listen to which might be of interest to people following this thread:

Debate: Bitcoin vs Gold with Anthony Scaramucci and Peter Schiff
https://podcasts.apple.com/gb/podcast/intelligence-squared/id708371900?i=1000532920960

Zola.

https://twitter.com/BitcoinMagazine/status/1430937931993202706

Its probably nothing

tranquility1

tranquility1 said:

BlackRock and Lloyds buying up residential properties too.

When these in-the-know institutions start parking their money in hard assets you should know something is about to happen.

1 in 7 residential homes in the USA were bought by institutions such as BlackRock in Q1.

Adyinvestment

I wish Bitcoin would actually do something and stop doing this lazy sideways crab walk for weeks, this is supposed to be a highly volatile asset!

Scottex99

And your wish is granted....

Adyinvestment

Scottex99 said:

And your wish is granted....

Ha ha, Perhaps I should post that more often, my chart says it started going up about 20 minutes after I posted 

Adyinvestment

Looks like the China non-news fud stories are having diminishing returns on bringing down Bitcoins price, seriously though how many times can China ban Bitcoin? this is not news!

Also this last non-news was announced by China on the 15th September, I find it very fishy that it was covered by all the news outlets this morning just a few hours before the end of quarter options expired...pretty sure that some large entities benefited by that bit of timing on old news.

Thrugelmir

Adyinvestment said:

Looks like the China non-news fud stories are having diminishing returns on bringing down Bitcoins price, seriously though how many times can China ban Bitcoin? this is not news!

Also this last non-news was announced by China on the 15th September, I find it very fishy that it was covered by all the news outlets this morning just a few hours before the end of quarter options expired...pretty sure that some large entities benefited by that bit of timing on old news.

Now illegal and considered a crime in China. The warnings have become more severe. Probably allowed Chinese investors time to offload their holdings held on foreign exchanges. China acts purely in self protectionist manner. 

Adyinvestment

Thrugelmir said:

Now illegal and considered a crime in China. The warnings have become more severe. Probably allowed Chinese investors time to offload their holdings held on foreign exchanges. China acts purely in self protectionist manner. 

Yes, they have finally made the transactions illegal, it is like rubber stamping what we all have been told many many times. Interestingly though that it is okay for a resident to own them (although I guess they can't spend them in China)

The timing is very suspect as this was announced on the 15th in China but reported on today.

Anyway in my book this is good news if this is the last we hear about it...something tells me that they will find some way to make more sensationalist stories though...que the stories of Chinese people being locked up and the keys thrown away!