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SimplyKashif
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Adam Back - Some countries will only start buying
Bitcoin
when it costs $5 million. Smart ones are already buying it now – much cheaper.
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BITCOIN'S BIGGEST MONTHLY ACCUMULATION IN 13 YEARS Whales purchased 269,822 BTC, worth approximately $23.3 billion, in just 30 days. - Glassnode Data
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Bank of Japan hikes interest rates by 25BPS to 0.75%, highest in 30 years! In Japan you could literally get loan at 0% rate of interest in last 30 years. Get Yen -> Convert to Dollars -> Invest in USA and other assets. Get returns bring money back to japan -> Pay back the loan -> keep profit. This will end now as now it wont remain that profitable! Big crash could be coming if Japan increases more interest rates!
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I have met many individuals in my life (crypto & non-crypto) who have made extreme good money through their hard work. But when I ask them to answer it honestly that are they happy now? They are not sure as: > Someone got divorced. > Someone is suffering from high blood pressure. > Obesity > Empty life as no one around. > Alcoholic & Fatty liver Grade-2 most common. > Dispute within team. > Very high expectations from them. > Struggling to keep up. > Exhausted. Don't judge people by their lifestyle, if you listen to their stories you might feel that you are living a far more "richer" life than some one who has got millions! Everything comes at a cost even for "money" you need to pay a cost to make it. Do not get attracted to "lifestyle" people project. That "lifestyle" might be keeping them busy all the time so that they do not recall their sufferings. In my life I have experienced that it is important to "count your blessings". Focus on "What you have" and not on "What you don't have". Your life will be sorted!
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Member of Parliament in India is recommending a tokenisation bill to be introduced. Bullish!
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Bitcoin falls below $87,000 as $200 million worth of levered longs are liquidated in 30 minutes.
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