This is just a pure coincidence. Russia is bad mmkay?!
Germany is begging everybody, and the USA in particular to sell them gas so they can survive the winter, The US has responded and now that is bad i your book?
The problem is to bring all that shitload to Europe. Talked to one guy who's into LNG logistics. He said if all LNG carrier vessels would leave for US right now (which is impossible long term contracts etc) and will start transporting LNG to Europe they'd manage to bring 20% of required LNG before winter season starts. So yeah. Fucked.
Oh yeah, they ar fucked alright, and they deserve a winters punishment for getting dependent on russian gas despite all the warnings from other countries.
Edit: and on top of that they are going to close two nuclear power plants at the end of year for political reasons. They truly deserve what they get.Regarding your edited portion, maybe they are retarded?
So, I bought 500 dollars worth of btc certificates yesterday because I was tired of waititng for the price to go down. I had had the money on the exchange for a while now and decided to just buy.
So now you know why the price dumped today, it's like a effing law of nature.
Well surely the understanding of any of us who buy and hold our "BTC certificates" on exchanges, we may well be holding way larger quantities of actual BTC in our own private ways (wallets?) rather than having all of our exposure to BTC to those "BTC certificates" on exchanges.
Currently, I am right in the 10% to 13% of my BTC exposure is on exchanges, and it used to be way higher than that - right around 50% until early 2017... and sometimes it cannot be easily understood how to have systems of not having too much exposure on exchanges (to hold your own keys and the various ways to do it relatively safely and practically), and also sometimes the BTC price going up can change a relatively small exposure into much larger exposures in a quick way.
There seem to be ongoing developments to attempt to get exposure to circular economy type products through lightning network. Hopefully some day any of us will be able to convert some of our "BTC certificates" into real BTC within BTC's growing circular economy, but if you are already holding a decent amount of actual BTC, then I personally don't have problems with the use of exchanges during these hopefully transitionary times.
