Quote from: LFC_Bitcoin on Today at 07:35:16 PM

Quote from: bitcoinPsycho on Today at 04:34:36 PM

Binance.US to halt dollar deposits after SEC crackdown

https://www.reuters.com/technology/binanceus-suspends-usd-deposits-pausing-fiat-withdrawal-channels-2023-06-09/

"The U.S. affiliate of Binance said it was halting dollar deposits and gave customers until Tuesday to withdraw their dollar funds, after the U.S. securities regulator asked a court to freeze its assets"

I’m a bit numb to all the ‘crypto’ FUD. I’m not really sure what to think. I mean if it stops noobs buying crapto then that should be a good thing, right?

Then again, it might turn noobs away from bitcoin too. Human beings are kinda dumb & lofs of people can’t disassociate bitcoin from crapto. In that case it’d be bad as how is the price going to moon without the influx of noobs to pump the price by FOMO’ing in after the halving?

It’s only the US & bitcoin will always soak up FUD & continue going up but a hostile US to bitcoin isn’t a good thing. They’re going after crapto but will they stop there or go after bitcoin too?

Too much to think about but I still think China banning bitcoin & COVID fallout robbed us of a truly parabolic 2021 run, the bull run was diluted. I don’t want it to happen again with a BS FUD campaign fucking us in the next bull run too.

Enough of my ramblings for now, tick tock next block. Have a good weekend gentlemen.

I'm thinking that the SEC is trying to close the door on bitcoin arbitrage and crapto bleed over. Possibly led by bad operators trading on their own exchanges, against their own users.

But I'm just a dumb ape, so what do I know...