I warned you before the covid crash. Now I warn you again of what is ahead of us. I know you don't want to hear that if you have just recently bought into cryptocurrencies and you are just up 10% but...
G7 states, led by the US, will introduce very tight crypto regulations as UN-sanctioned states started mining BTC and selling it for stable coins and China plans to flood the world with their digital currency.
Expect a -60% crash in the crypto market within the next 8 weeks. Why -60%? Because on top of the regulations you will get enormous sell pressure of the good old Mt. Gox FUD.
But it will be not the end of crypto, it will be just a big transfer of wealth from the weak to the strong. Because Institutions will buy all your crypto.
This will be a great reset in the crypto markets. Wallstreet 2.0 has taken over the crypto sphere. After that, the way how you buy, own, and sell crypto can only be done through these influential institutions. The legislation will introduce laws in favor of these institutions and to your disadvantage. You will have to register your wallet address to these institutions, you will have to register your mining equipment, etc.
That is why all the big whales are selling now because the wild west of crypto where you could have become a millionaire within a day, is over. Crypto gains (with a few exceptions) will become as boring as the stock markets.
Using unregulated crypto will become illegal and if your address is flagged for illegal crypto transfers then you will have to face the consequences. One of the consequences will be that you will be excluded from taking part in the crypto markets. You will not be able anymore to create and own a crypto wallet address legally. The consequences in the finally financially digitalized real world are much harsher. If you can't pay with your digital wallet at Walmart then literally everyone around you know that you did something shady. It is like you go with a pile of cash to a supermarket nowadays in the US. They think you are doing something shady. You will be in constant conflict with the authorities.
Regulations will be institutionalized because the governments prefer it to go to one central authority when they do their investigations. Large US exchanges like coinbase will have to meet up with other influential figures in the crypto sphere (such as ciphertrace, gemini, paypal, etc.) to create a clearing institution with a strong and close connection to the authorities. This means it is half stated-owned. This new institution will check then from where the currency comes from and if these fundings go to flagged wallets. It is a system we all already know.
What can you do? There is a short time frame where you will be still able to buy unregulated cryptocurrencies. Use this time frame to cash out into USDC. Wait for the crash. Buy into BTC. You can forget the rest because if stable coins are really banned then most of the money will go into BTC. It is that simple.
The crypto market will adapt to the new situation quickly. As usually some shit coins will survive as well but make sure that you are not at the losing end!
Interesting read user. How did you come about this? Is this just your prediction based on your own thoughts?
Brayden Butler
Deja vu ...it is like at the beginning of march... all you can say is fuck off, fag, kys...
Easton Morris
no he is fucking jesus christ
Cameron Martin
Nigger
Easton Evans
Do you know how quickly smaller countries would encourage all crypto businesses to move there? That's why the G7 won't do shit, they know the businesses will just move elsewhere, so why not keep them instead. They will never agree on the specifics so the G7 will do jackshit.
Michael Nguyen
>Buy into BTC. You can forget the rest because if stable coins are really banned then most of the money will go into BTC. It is that simple.
Why buy back into BTC? Are you saying trading will still be possible, it'll just be done only through KYC'd wallets on specific regulated exchanges?
Josiah Murphy
-60% crash isn't a black swan in the crypto space, it's what we call a monday
Lincoln Nelson
there will be no "kyc bitcoin wallets", but stablecoins will be regulated...most will not survive once fedcoin is released.
bitcoin will escape with little to no new regs.
Leo Campbell
Oh no, they are going to ban crypto... again, I am so scared. They will sure be able to regulate decentralized exchanges anons, thanks for the warning.
Tyler Watson
Smaller countries will just bandwagoning with large countries. That is the reality. Sorry, user you are thinking wrong.
Yes, kys, fag etc... and this word
exactly. Too many influential institutions have already invested in it. BTC is here to stay.
A crash is a crash
IYKYK
John Wilson
You typed a whole lot of worthless text. Basically half of what you said is right but the only crypto that will be worth anything is XRP so buy as much as possible right now.
There, saved you 5 minutes of reading worthless trash.
Thomas Price
fuck off, i missed out on the run from $5k to $20k because of your fear porn shill bullshit. if you're so good, why is your track record so bad?
A decentralized exchange needs a wallet. This is where they will get you.
Andrew James
and how would they prevent you from crrating a wallet exactly? you can do it on paper or on an air gapped device
Michael Jones
then make a decentralized wallet. simple. stop being such an anxious fag. its not getting you laid anytime soon.
David Clark
> What can you do? There is a short time frame where you will be still able to buy unregulated cryptocurrencies. Use this time frame to cash out into USDC.
>cashout now and wait 2 months to buy back in your basically saying that the government is going to ban an internet software? KEK They're countries right now that lets you cash out without reporting anything.Furthermore, a 60% drop has happened plenty of times, hardly a crash. A crash would be btc going down to 5k. nasty regulations might cause a dip, but in a realistic scenario it will only weaken the usa's position in crypto, and thats it. it will be business as usual, just harder on american citizens short of a vpn.a china ban hasn't done shit and they own 80% of the miners.
Kevin Brooks
Lmao Then just make a different coin lmao you cant force regulation of crypto. You cant control the tech until you can hack it.
Camden Anderson
When your poor and the precious metal threads dry up...Nice LARP goober
Andrew White
nice larp
Nathaniel Wilson
Lmao fuck off faggot.
>make some kind of nebulous doomsday prediction >act like some kind of pajeet shill when pressed on it with iykyk
Crypto will be regulated but it won’t be in the next year. Old money has to accumulate enough of it first. If this was 2026 you might be onto something
