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Jun 8 - Trump Calls Bitcoin a Scam. Accelerates Crypto Market Selloff



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 2 weeks ago '15        #1
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naledgestate 
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Jun 8 - Trump Calls Bitcoin a Scam. Accelerates Crypto Market Selloff
 

 
visit this link https://www.google.com/am .. s-57392734.amp

Former US President Donald Trump has told Fox Business that he sees Bitcoin as a "scam" affecting the value of the US dollar.

"Bitcoin, it just seems like a scam," Mr Trump said. "I don't like it because it's another currency competing against the dollar."
Trump adding more headwinds to the overall crypto market.

Also he hinted that crypto should be regulated.

Im surprised because I thought the clown was all about people getting money.
+5   



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 2 weeks ago '15        #2
naledgestate  OP
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Cant wait to get paid so I can go shopping again for crypto.

A lot of new n*ggas folding after seeing them red candles.

Im bullish on crypto especially with cyber security being an issue being brought to the forefront of the American psychy.

Cyber security = Blockchain

Crypto should start popping off within the next two years again.


Last edited by naledgestate; 06-08-2021 at 01:13 AM..
+23   

 2 weeks ago '04        #3
skillahmang 
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+1   

 2 weeks ago '20        #4
Gen Anti Fruit  topics gone triple plat - Number 1 spot x8
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I been holding but I can’t lie something I really want pops up and I’m short I’m pulling my sh*t. I’m taking some damage with this circus of influencers on the market. And when the fu*k is Doge hitting Coinbase?!?! I’m pulling that sh*t ASAP!!
+7   

Top 10 most propped recently  2 weeks ago '17        #5
justin747  topics gone triple plat - Number 1 spot x4
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sportsbook top 10
+4   

 2 weeks ago '10        #6
stizz44  topics gone triple plat - Number 1 spot x1
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 Gen Anti Fruit said
I been holding but I can’t lie something I really want pops up and I’m short I’m pulling my sh*t. I’m taking some damage with this circus of influencers on the market. And when the fu*k is Doge hitting Coinbase?!?! I’m pulling that sh*t ASAP!!

Hit coinbase 2 days ago
+11   

 2 weeks ago '10        #7
SmoothTay 
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Nobody cares this sh*t all manipulation & FUD before they pump the price back up
+21   

 2 weeks ago '11        #8
PotheadFocker 
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If I got 1k worth and held it for 5 years what would happen?

I don't have the time or energy to add trading into my life rn
+3   

 2 weeks ago '19        #9
zzxxccvvbb 
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He's not wrong, but he's not right

Fact that all the smart money is sh*tting on it means it's shopping season though


I do love how the same people that complain about people abusing stock markets love that Bitcoin isn't regulated
+6   

 2 weeks ago '16        #10
kuul  topics gone triple plat - Number 1 spot x11
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Seems like this would be in trumps expertise. Also seems like the thing trump is too dumb to understand. Dont know what to do with this information.
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 2 weeks ago '19        #11
zzxxccvvbb 
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 kuul said
Seems like this would be in trumps expertise. Also seems like the thing trump is too dumb to understand. Dont know what to do with this information.
Trump's is a salesman, it's whoever employs him job to understand sh*t
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 2 weeks ago '20        #12
Abso 
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A muthafu*ka that can barely read, hasn’t worked a day in his life is giving business advice...

Gtfoh
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 2 weeks ago '21        #13
MrDoubtfire  topics gone triple plat - Number 1 spot x1
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 Gen Anti Fruit said
I been holding but I can’t lie something I really want pops up and I’m short I’m pulling my sh*t. I’m taking some damage with this circus of influencers on the market. And when the fu*k is Doge hitting Coinbase?!?! I’m pulling that sh*t ASAP!!
HOLD. DON'T PANIC. Just remember, if you sell you're guaranteed an L.

If you hold. You're not guaranteed an L
+4   

 2 weeks ago '15        #14
PineappleOG 
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Trump wouldn’t know, dude is a complete moron.
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Top 10 most propped recently  2 weeks ago '17        #15
justin747  topics gone triple plat - Number 1 spot x4
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 2 weeks ago '04        #16
d.c. supreme  topics gone triple plat - Number 1 spot x1
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aaaaand they're finally coming to regulate crypto. was only a matter of time. they're saying a big reason they doubled the IRS numbers was to deal with crypto too.

oof.
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 2 weeks ago '21        #17
MrDoubtfire  topics gone triple plat - Number 1 spot x1
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 d.c. supreme said



aaaaand they're finally coming to regulate crypto. was only a matter of time. they're saying a big reason they doubled the IRS numbers was to deal with crypto too.

oof.
I wish they'd regulate it correctly. Right now its treated as a currency, a commodity. sh*ts so ridiculous.

fu*k the IRS
-3   

 2 weeks ago '04        #18
d.c. supreme  topics gone triple plat - Number 1 spot x1
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 MrDoubtfire said
I wish they'd regulate it correctly. Right now its treated as a currency, a commodity. sh*ts so ridiculous.

fu*k the IRS
it's best chance at being a reliable currency is losing all the volatility but that also means no extreme booms and investment opportunities like we've seen but also no extreme busts. reliable currencies don't drop or rise 50% in value in a month. so up to this point it's only existed as a speculative a*set. i still have no idea why anyone would make a purchase of something with bitcoin given the volatility. it only made sense to just hold it and take gains during growth bubbles. but making purchases is insane you pay what—at the time—is a fair price in your head but then a week later suddenly if bitcoin jumped 20% in value you've now gotten r*ped in your deal and would been better off doing the purchase in dollars. flip side is possible as well of course; like how colonial paid those hackers in bitcoins and it's only gone down in value ever since so their big haul turned out to be a lot smaller (before the government stole it back.)

what might be devastating here if they do in fact regulate it soon is all the people who didn't take any gains from the most recent boom bubble and just held on to it or "bought the dip" might never see it close to this high again until maybe multiple decades down the road. because regulating it makes it far less likely to have it's predictable boom and bust cycle that it's been having for years now. and i get the "endgame" play being when the fiats finally run out of rope people will turn to it but again i don't see why governments wouldn't just instead install their own digital centrally controlled currencies instead and bypass the cryptos again.

we'll see what happens.

 2 weeks ago '17        #19
Ifeellikekobe  topics gone triple plat - Number 1 spot x2
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 justin747 said



That clown doesn't know where his money is right now. Good grief that dude is so stupid
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 2 weeks ago '14        #20
strungout  topics gone triple plat - Number 1 spot x3
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If it competes with the us dollar its a scam

BTW he is wrong its not competing with the us dollar, its competing with gold and silver as an a*set

Only stable coins compete with the dollar

Anyway my portfolio has gone down the drain in recent weeks �� I guess I just have to hodl
+4   

 2 weeks ago '21        #21
JayMurdoch 
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 PotheadFocker said
If I got 1k worth and held it for 5 years what would happen?

I don't have the time or energy to add trading into my life rn
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 2 weeks ago '20        #22
Agent Vakabon 
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A lot of crypto dudes are Trump supporters. The snake continues hitting at his supporters
+11   

 2 weeks ago '07        #23
Ham Rove  topics gone triple plat - Number 1 spot x4
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All those maga worshipping bitcoin lovers must be having an existential crisis.
+9   

 2 weeks ago '15        #24
RIPrjacks23 
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Too bullish, yall can fold em, I'm gone hodl em..
+3   

 2 weeks ago '16        #25
foshoVoodoo  topics gone triple plat - Number 1 spot x37
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ban this retard from everything
+1   



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