/biz/ - Business & Finance

Who sold at 7k?

JUST

>>8424877
No regulations means no institutional money.

>>8424959
This.

KEK.
Deluded fags

Why did people believe that they would be regulations on day 1 or 2 or 3 of G20?
Fucking idiots, fall into this bull trap, yes.

How far can we go this time? 11k?

>>8425063
No more money entering in the market, we're going straight to 6k

The party isnt over yet.

>>8424877
This This This.

I'd rather they regulated now. This just means the FUD and market tanking will happen all over again at some point in future.

>>8425073
Anon, I...

>>8424959
Too early for institutions imo

Who even cared about this "news" in the first place? As always it's only an instrument for media/reddit/twitter to ratonalize the price movement. Whales of course know this and will profit from the FUD/FOMO.
Reminds me of these silly US regulator meetings, where they all just talked bullshit and then everyone praised this guy Giancarlo for the price surge.

no regulations means no institutional money, you dumb fuck
they woudn't regulate crypto because they literally think it is toy money without actual use
>assets aren’t substitutes for currency and aren’t much used for financial transactions

FSB is an advisory, non-legally, non-regulatory body. Meetings ro be had tomorrow and on tuesday. I am still waiting. BTC can still go south from here

>>8425222
this
>no regulations anon, everyone thinks this is a joke, so the mafia can continue to rape us with washtrading, p'n'ds and insiderbullshit
oh veey

>>8424877
Tether at 98c Bears BTFO'd!! Get got soyboys!!

You guys are retarded, they were never going to announce regulations. If you actually read, you would have realized Japan was calling for a meeting at G20 to discuss what to do about crypto and money laundering.

This is what will happen:

Japan will say "we need to ban crypto because money laundering and terrorists." Then other members of G20 will say "we agree, we will go back to our respective governments and push for legislation banning crpyto."

The G20 never makes laws at these conferences, only decisions to pursue things later.

>>8424877
Are you retarded? They know crypto has no future so they're not even going to bother with it. It's not even worth their time.

Both Congressional hearings AND G20 summit were bullish.

Kraken crashing, proper reversal confirmed!

>>8425378
>bullish
you spelled bullshit wrong
whales just use events like this to pump, just like they used negative events in 2017 to dump
don't mistake general market trend with media noise

>>8425378
>won't regulate so legit institutions and angsty normans can enter
>bullish
i think you are stupid

>>8425321
>>8425347
7k seller detected

Japans just wants to ban privacy coins from exchanges cause of hacks. The nem hackers just deposited into exchanges that didn't check for hacked nem. There will be big dex see eosfinex and binance chain.

>>8425469
>bottomseller
>nocoiner
>we bull now
oh anon ...

>>8425321
>Japan will say "we need to ban crypto
No they won't, not after making it legal tender in Japan. However they will try to regulate the exchanges, and enforce KYC/AML and reporting for all exchanges.

>>8425222
>muh institutions do everything in plain sight

>>8424959
>no institutional money.
so we smart money now?

>>8425921
Take off if institutional money coming in the future. Crypto market no fits on this chart if not.

>>8425921
yes you are
according to my hedgefundteam, you will make it
burn the elites
poor soon
shoo shoo

>>8425469
What's it like living in denial? I bet you believe your mom when she says you're handsome.

>>8425887
what do you actually think they need crypto for?
they will just add it to their diversified portfolios to sell to retired boomers
or create some deriviatives or reverse etf or whatever stuff they already good with
they woudn't touch high volatile high risk assets for that

>>8425921
>https://www.reddit.com/r/CryptoCurrency/comments/85ec1q/g20_on_crypto_no_regulations_at_world_conference/

most normies will live their live without knowing /biz/ ever existed.

>>8425347

How legit is this news? Has someone from the FSB come out and say that they won't regulate?

This will be like the last time, we'll have a quick bull trap for 3-4 weeks before another meme bubble down to 3k/BTC. Bubbles within bubbles within bubbles.

>>8425347

> unload the bags, they bought it