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Why So Crypto is Team of Talented Individuals, Experienced Crypto Investors, Commodities & FnO Traders.

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Blockcloud KYC starts on August 28, 4:00 UTC. Before the KYC, Their's a need to Pass Online Test.
Token sale hard cap: $1M😎

twitter.com/BlockcloudTeam/status/1031583793923018756
Where to Be Invested Now

Add This Chaos Hedge to Your Portfolio Today

For foreign tourists in Turkey, it’s a shopping bonanza.

Upscale shops like Louis Vuitton and Chanel are seeing long lines outside their doors.

“We’re buying clothes, we’re buying makeup, we’re buying brand names,” said Fatima Ali from Kuwait. “The prices are very cheap.”

The long lines stem from Turkey’s currency crisis.

Turkey’s currency, the lira, has lost 45% of its value against the U.S. dollar so far this year.

Economists cite several causes for the currency’s slide. Turkey’s large current account deficit. Corporate borrowings in foreign currencies. And sanctions by the U.S.

For foreign tourists, this is great. Their money goes further in Turkey. But for the locals, it’s an alarming trend.

Take Melike Turkes, a Turkish mother of three. She’s worried about feeding her family.

Said Turkes, “Even basic things like butter and vegetables have increased a lot over the last few months. It’s very worrying when you see the prices go up week by week.”

It’s even worse for small business owners. Most import goods, which they pay for in foreign currencies such as the dollar. But then, they must price goods in Turkish lira.

The result is that prices become outdated very quickly. And shop owners have to increase prices more frequently.

As a result, Turkish citizens are buying less.

Add in increasing rents and expenses, and you can see that small business owners in Turkey are getting squeezed.

It’s causing Turkish citizens to lose faith in their government-issued currency.

So it’s no surprise where Turks are turning to as their currency crisis unfolds: bitcoin.

Bitcoin trading at BtcTurk, a Turkish crypto exchange, is up 350% in recent days. And we expect the trend to continue.

As one bitcoin user in Istanbul stated, “Cryptocurrency makes me feel much safer.”

Bitcoin isn’t owned by any government or bank. And it has a fixed supply.

Politicians and economists can’t inflate it away. And they can’t steal it from you.

You never know when you’ll be part of a financial crisis. That’s why you should consider adding bitcoin to your portfolio today.
BitMEX Manipulation
🗞 BITCOIN ETFs 🗞

👉How will the upcoming decisions regarding pending Bitcoin ETFs effect Bitcoin & the market?

Without a doubt, the approval of a Bitcoin ETF would be a bullish signal. If ProShares goes through tomorrow, there's a good chance the bear market will end. That being said, we believe there is less than a 20% chance of that actually happening.

If none of the pending ETFs get approved this year, it is no cause for concern. It's all perspective. Think about it - Bitcoin is up 80%+ year-on-year and from a macro perspective, is doing very well. Given that Bitcoin is still such an early-stage venture type asset, the case can be made that it needs to see growth through hedge funds first.

A little history: the last asset class to get approved for ETF certification was copper. Copper has been used for thousands of years. It was just approved in 2012 after a long and arduous multi-year process. The first Bitcoin ETF submission to the SEC was just under a year ago.

We believe Bitcoin ETFs still have quite a ways to go. The industry is young. We live in such a fast-paced world that we forget what it means to have patience. Don't let twitter shills fool you into thinking a potential rejection of all of these ETFs is a big blow to Bitcoin and the cryptospace. It's not.
SEC has rejected ETFs from ProShares
🇨🇳 Authorities will block access in China to 124 websites operated by offshore cryptocurrency exchanges that provide trading services to citizens on the mainland as part of the government’s broader crackdown on activities related to digital money.

according to Shanghai Securities News, a newspaper affiliated with the country’s financial and markets regulators.
America first GOLD ETF GLD was not backed by futures (but could been).
It was backed by gold.

therefore hence;

BTC first ETF will not be backed by futures, it will be backed by real BTC.

ETF based on futures offers no additional benefit, an instrument over another instrument
SEC recalls decision to decline latest ETFs.
Technical error occurred on BitMEX few hours ago.
Price spiked to 8k
No one's order filled
BTC margin positions
- Longs: 26702.7367
- Shorts: 38174.6824
New Watchlist ICO.
https://medium.com/neon-exchange/neon-exchange-ico-starts-september-3rd-92ea22a96669
One of the most anticipated ICO of 2018😘
Neon Exchange token sale: 1 NEX = $1 (NEO & GAS will be accepted) Round 1 - Sep 3, the 1st block after 18:00 UTC, max $1,000 Round 2 - Sep 10, the 1st block after 18:00 UTC, max $9,000