BITCOIN PLUNGING ON PONZI NEWs!

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Banned
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probably best to dump this turkey now[FONT=&quot]
<article itemprop="articleBody" data-uuid="750023bb-b517-39ef-8ba1-fdfa9815740c" data-type="story" data-reactid="9"><header id="SideTop-0-HeadComponentTitle" class="canvas-header" data-reactid="2">[h=1]Here's Why Bitcoin, Ethereum, and Ripple Are Plunging Today[/h]</header>




Matthew Frankel, The Motley Fool

Motley Fool<time class="date Fz(11px) Mb(4px) D(ib)" datetime="2018-01-30T20:28:00.000Z" itemprop="datePublished" data-reactid="15" style="display: inline-block; zoom: 1; font-size: 11px; margin-bottom: 4px;">January 30, 201</time>







The stock market's correction over the past couple of days could certainly be playing a role in the decline. In addition, a few troubling news items seem to be worrying cryptocurrency investors, which may be causing selling pressure.
<figure class="canvas-image Mx(a) canvas-atom My(24px) My(20px)--sm Ta(c)" data-type="image" itemscope="" itemprop="associatedMedia image" itemtype="https://schema.org/ImageObject" data-reactid="17" style="margin: 24px auto; text-align: center; max-width: 100%;">
4f1b9949b0e49e855dc9c614599a2971

<figcaption class="C($c-fuji-grey-h) Fz(13px) Py(5px) Lh(1.5)" title="A person staring at a red arrow on graph trending sharply downward." data-reactid="24" style="color: rgb(118, 125, 132); font-size: 13px; line-height: 1.5; padding-top: 5px; padding-bottom: 5px;">A person staring at a red arrow on graph trending sharply downward.
</figcaption><button class="C($c-fuji-blue-1-b) Cur(p) W(100%) T(63px) Bgc(#fff) Ta(start) Fz(13px) P(0) Bd(0) O(0) Lh(1.5) Pos(a)" data-reactid="26" style="background-color: rgb(255, 255, 255); overflow: visible; margin: 0px; cursor: pointer; font-size: 13px; font-family: "Helvetica Neue", Helvetica, Arial, sans-serif; line-height: 1.5; border-width: 0px; border-style: initial; border-color: initial; color: rgb(0, 129, 242); outline: 0px; top: 63px; padding: 0px; position: absolute; text-align: left; width: 600px;">More</button>

</figure>Image source: Getty Images.
[h=2]Today's cryptocurrency prices[/h]Here's a look at the five largest cryptocurrencies by market capitalization, and how much each has changed over the past 24 hours.
Cryptocurrency Name (Code)
Price in U.S. Dollars
Day's Change
Bitcoin (BTC-USD)
$9,936
(12.5%)
Ethereum (ETH-USD)
$1,042.60
(11.6%)
Ripple (XRP-USD)
$1.10
(15.4%)
Bitcoin Cash (BCH-USD)
$1,476.20
(11.6%)
Cardano (ADA-USD)
$0.50
(17.1%)

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Data Source: investing.com. Prices and daily changes as of Jan. 30, 2018 at 2:15 p.m. EST, and prices are rounded to the nearest cent where appropriate.
Cryptocurrency prices are down pretty much across the board. In fact, all of the top 20 cryptocurrencies are down on Tuesday. Bitcoin (BTC-USD) dropped below the key $10,000 level, and other leading cryptocurrencies were also plunging. Of the top five, only Ethereum (ETH-USD) remains in the green over the past week.
[h=2]Subpoenas are scaring investors[/h]One reason for the widespread decline was a Bloomberg report that a pair of subpoenas were issued to cryptocurrency-related companies. Cryptocurrency exchange Bitfinex and coin issuer Tether were reportedly sent subpoenas on Dec. 6.
If you're not familiar, Tether's digital currency is supposedly backed by the U.S. dollar, and the company claims that each of its coins are backed by U.S. dollars held in reserve -- in other words, each of Tether's coins is supposedly worth $1. As of this writing, this means that the company should have roughly $2.3 billion (in U.S. dollars, not in digital currencies) in reserve, although no evidence has been provided and many doubt that the money is actually there.
Both Tether and Bitfinex have the same CEO and also share some other corporate officers.
[h=2]SEC freezes a huge ICO[/h]Initial coin offerings, or ICOs, have been the subject of several warnings to consumers by the Securities and Exchange Commission (SEC).
On Tuesday, the SEC announced that it would be freezing the assets of Dallas-based AriseBank, and would be halting its ICO. According to the complaint, the bank "used social media, a celebrity endorsement, and other wide dissemination tactics to raise what it claims to be $600 million of its $1 billion goal in just two months." It also said that because the ICO was never registered with the SEC, it constitutes an illegal offer to sell securities.
AriseBank, which refers to itself as a "decentralized bank," is also accused of falsely claiming that it purchased an FDIC insured bank, through which it could offer customers insured deposit accounts.
[h=2]Adding to investor uncertainty[/h]The bottom line is that there are several things going on in the cryptocurrency market that seem to be adding to investor fears. This, combined with an absence of recent positive catalysts, is likely the force pushing the cryptocurrency markets lower Tuesday.



</article>





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New member
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It is under attack coming out of Europe. But you can't hold down water. It will still rise.
 

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So someone who just joined the RX feels the need to make one of his first posts in all caps on the header about bitcoin plunging. Rather interesting.
 

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So someone who just joined the RX feels the need to make one of his first posts in all caps on the header about bitcoin plunging. Rather interesting.

Just a good net citizen like yourself, sir. Since when is it wrong to have an opinion and warn others of an impending crisis?
 

RX Senior
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You were warning people about the evils of bitcoin when bitcoin was under $100 a coin. Nobody here listened to you including myself and we all bought bitcoin. Now bitcoin is worth over $9000 a coin. $$We all cleaned up$$!! Hell, now I hope bitcoin drops down to under $200 a coin so we can all reload again. And if bitcoin happens to crash and burn... so what? We already made our money and you missed out... again.
 

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hysterical first post for this moron.

over under hes done here 3 days.
 

RX Senior
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Why are you guys giving a guy a hard time who posts valuable information?

"Valuable information? ... NO. We all know that bitcoin is trending down. The truth is, everfresh and his ghosts have been warning us about the evils of bitcoin for the last +5 years. Back then, Bitcoin was selling for under $100 a coin. We didn't listen to everfresh's warnings back then. Several of us bought into Bitcoin. Then after a while, Bitcoin shot up to over $10,000 a coin and we cashed in big time. Now bitcoin is trending down. Big deal. Who cares? We already made our money. I hope Bitcoin crashes. Then I'll reload. Nothing new here. Reread post #6.
 

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I don't know or understands that much about cryto currencies but if someone can steal your bitcoins by computer hack, how can you trust it ever? Like the Winklevoss people, they are supposed billionaires from bitcoins but they have stashed different pieces in different banks safety deposit boxes all over the country because if someone got ahold of those pieces, they lost a billion?? What?

If I have a ton of money and I put it in a bank or a Mutual Fund or IRA or whatever, I cant actually lose it to theft unless it was the fund itself that was a scam. If someone robs a bank I have cash money at, it is all insured. and no big deal to me.

But if I have bitcoins and someone stole my laptop or whatever, I am out that $$? How is that sustainable? People go thru laptops all the time. They get viruses etc.
 

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Does not work like that, Kim. You have to educate yourself on the issue.

Everything goes back to Switzerland, but you can see a clear attack aimed against bitcoin by the disarming of Wavecrest Holdings in Gibraltar. What they're really doing, though, is only plugging one hole in the dam. It's like candle manufacturers trying to stop electricity from making it to the world. The technology and the future is much bigger than that antiquated technology of a match and a candle wick.
 

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EF, fuck off, thanks.
 

Rx. Senior
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I don't know or understands that much about cryto currencies but if someone can steal your bitcoins by computer hack, how can you trust it ever? Like the Winklevoss people, they are supposed billionaires from bitcoins but they have stashed different pieces in different banks safety deposit boxes all over the country because if someone got ahold of those pieces, they lost a billion?? What?

If I have a ton of money and I put it in a bank or a Mutual Fund or IRA or whatever, I cant actually lose it to theft unless it was the fund itself that was a scam. If someone robs a bank I have cash money at, it is all insured. and no big deal to me.

But if I have bitcoins and someone stole my laptop or whatever, I am out that $$? How is that sustainable? People go thru laptops all the time. They get viruses etc.

There are many 2FAs that can be used such as google authenticator or a combo such as email/text/google authenticator to keep funds safe. You can also keep bitcoins and alts offline.

Many bitcoin books are anonymous and 2FA is an option with those books.
 

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