India has just released agenda of parliament session, where it seeks to ban all "private" crypto currencies. As soon as the news broke out, many are trying to sell and exit and the market has crashed 25% in a matter of minutes. Many are facing massive losses as the result of this fucking government. Massive crash all across the board Most coins are down anywhere from 15 to 25%. Altcoins have been impacted the most. Even stablecoins have crashed 10% as people are selling that for INR. Modi has show to be an incompetent ruler, just this week he rolled back farm laws that seeked to destroy farmers livelihood in favour of his industrial buddies who fund his election campaign. Over 100 farmers died due to protests across the country, and then Modi meekly rolled back the laws. Now he is attacking crypto and seeking to shut this market down. Late Hours Update: The crash has got worse by all means.. some coins are down as much as 40%! Literally nothing has been spared, every single coin has been crushed. Going by social media posts, it seems a lot of people have sold at huge losses. Imagine losing 30-40% of your investments because of the incompetence of the fucking government. Yikes. Fuck you modi [link] [comments] |
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