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When does the sale end and when should I buy again? [ES-EN]

r/BitcoinSee Post

Why aren't there coins that are pegged to indexes and commodities

Why aren't there coins that are pegged to indexes and commodities

r/CryptoCurrencySee Post

Does El Salvador care about the price of bitcoin?

r/CryptoCurrencySee Post

Program Trading Crypto Weekly Projections

r/CryptoCurrencySee Post

Reached a milestone today. Feels good!

r/CryptoMoonShotsSee Post

| Ever Saitama | Just Launched | Hyped Name | 100% Safu | Don't Miss This Gem |

r/CryptoMoonShotsSee Post

| Ever Saitama | Fair Launch In 10 Minutes | Hyped Name | 100% Safu | Don't Miss This Gem |

r/CryptoMoonShotsSee Post

EVER SAITAMA will offer the first Exchange Traded Fund (ETF) on the Binance Smart Chain! It will be popular on Blockchain World with 9% $BUSD Reward | Fair Launch In 30 Minutes |

r/CryptoCurrencySee Post

Why does BTC price correlate so much with S&P 500 futures even outside of trading hours and premarket?

r/CryptoMoonShotsSee Post

Sussy Baka | BAKA | HRC-20 | ViperSwap.io | Harmony One’s Best Meme Token! | Fair Launched Just Now! | No Marketing Wallet or Team Tokens

r/CryptoMoonShotsSee Post

Sussy Baka | BAKA | HRC-20 | ViperSwap.io | Harmony One’s Best Meme Token! | Fair Launch For Everyone Friday Night! | No Marketing Wallet or Team Tokens!

r/CryptoCurrencySee Post

Beware !! A New P2P Scam on Binance

r/BitcoinSee Post

Core Bitcoin trading hours.

r/BitcoinSee Post

Bitcoin's liquidity is way higher than IMF XDR liquidity (special drawing rights). Bitcoin even overcame legal hurdles in El Salvador, XDR didn't. No wonder they are freaking out about Bitcoin being legal tender and that ES issues a Bitcoin bond

r/CryptoCurrencySee Post

V3 Update from stock/crypto trader. What's next?

r/BitcoinSee Post

Someone in El Salvador how pissed are some folks about this dip?

r/CryptoMoonShotsSee Post

🌎 $Stream Smart Business| 🚀Next x100 |💎Pre CMC & CG | 300k marketcap | 🎁 Rewards | Great community| Token Longevity | Amazing Dev | 💰 Innovative marketing strategy

r/CryptoCurrencySee Post

Why is the market green?

r/CryptoCurrencySee Post

Stock Market/Crypto Trader here. What’s next for the market?

r/CryptoMoonShotsSee Post

LaLiga Names Divi the Official Crypto Wallet for over 50 countries

r/BitcoinSee Post

I want to see it for myself, what's really happening in El Salvador.

r/BitcoinSee Post

My Opinion (Very Humble) About El Salvador

r/CryptoCurrencySee Post

USDC! (Circle Company stock ticket CND)

r/CryptoMoonShotsSee Post

🍋 Lemon Network- DeFi ICO ready for going to the moon 🚀- Hidden Energy Web Chain Gem 💎- Listing in KuCoin after the ICO 🟢- DEX and Social Network APP in EWC

r/CryptoMoonShotsSee Post

🐆 $Cheetah token: Deflationary token with real utility |💎Pre CMC & CG |💎 New gem | 🐆Help animal foundations| 🤝Charity| NFT Marketplace| 💰 Innovative marketing strategy|🎁 Rewards | Strong Community | Fair launched | 🚀Next x100

r/BitcoinSee Post

Dutch Disease: Could it Happen in El Salvador?

r/CryptoCurrencySee Post

I met up with my university friends this weekend, they told me they are afraid to invest in Bitcoin. IMO, seeing this makes me think we are still very early.

r/BitcoinSee Post

Do we know of any Western Union office in ES that has closed or reduced hours?

r/BitcoinSee Post

What are the secondary effects of El Salvador adopting Bitcoin?

r/BitcoinSee Post

Port Aventura will accept Bitcoin as a payment method.

r/CryptoCurrencySee Post

Cognitive Dissonance regarding El Salvador and BTC adoption

r/BitcoinSee Post

What happened to Jack Maller's, Strike and his mission in El Salvador?

r/CryptoCurrencySee Post

Do you think there is a direct causation / relation?

r/BitcoinSee Post

Bitcoin El Salvador Promotional Video - Chivo (ES)

r/CryptoCurrencySee Post

I Defeated C.H. and This is 100% a Shitpost. But in all seriousness I cannot wait for an online TCG with cards as NFTs that's as polished as MTGA, ES:L, or Hearthstone.

r/BitcoinSee Post

Offering bilingual (EN-ES) liberty-leaning non-actvist bitcoiners my Libertarian Activism Mentorship Program, dealing in BTC

r/BitcoinSee Post

Field Report from El Salvador

r/CryptoMoonShotsSee Post

🐓LuckyChicken is here!🥚Presale ACTIVE! 90% softcap already taken! The token with BNB lottery!🔥AMA will be tomorrow! Dont miss It! serious project, team doxxed, liquidity locked and full support to the comunnity!Moon mission!🔥

r/CryptoMoonShotsSee Post

🐓 LuckyChicken is here!🥚 Presale ACTIVE! 90% softcap already taken! The token with BNB lottery!🔥 AMA will be today! Dont miss It! serious project, team doxxed, liquidity locked and full support to the comunnity! Moon mission!🤩 LAUNCH 08/08!!

r/CryptoMoonShotsSee Post

🐓 LuckyChicken is here!🥚 Presale ACTIVE! 50% softcap already taken! The token with BNB lottery!🔥 AMA will be tomorrow! Dont miss It! serious project, team doxxed, liquidity locked and full support to the comunnity!Moon mission!🤩

r/CryptoMoonShotsSee Post

🐔 LuckyChicken is here! 🥚 Presale NOW OPEN! 25% softcap already taken! The token with BNB Lottery!🔥 AMA will be tomorrow! Don't miss this serios project from a doxxed team and full support to the community. LUCKY CHICKEN Presale Closes 08/08!

r/CryptoMoonShotsSee Post

LuckyChicken is here! Presale just started!! The token with bnb Lottery!🔥

r/CryptoMoonShotsSee Post

BabySniper just launched! Road to $1.00 tonight!!

r/CryptoMoonShotsSee Post

👶 BabySniper | Coin Just Launched | Auto $BS Rewards | Low Cap | Hidden Gem 👶

r/CryptoCurrencySee Post

The scammers are starting to put more effort. I'm impressed!!!

r/CryptoMoonShotsSee Post

New Safu Gem! Lucky Chicken is here! Bnb Lottery!🤯 DONT MISS OUT!🔥

r/CryptoMoonShotsSee Post

New Safu Gem! Lucky Chicken is here! Bnb Lottery!🤯 DONT MISS OUT!🔥

r/CryptoMoonShotsSee Post

New Safu Gem!🔥 Lucky Chiken is here! Lottery BNB

r/CryptoMoonShotsSee Post

🐕 GUITAR SHIBA 🎸 16th JULY: LOW mcap!!!!! | New Memes | Non-toxic Community-Driven

r/CryptoMoonShotsSee Post

🐕 GUITAR SHIBA 🎸 13th JULY: 5k mcap!! | New Memes | 100% Safu | Non-toxic Community-Driven

r/CryptoMoonShotsSee Post

🐕 GUITAR SHIBA 🎸 12th JULY: Very Low Mcap | Based Dev | 100% Safu | Non-toxic Community-Driven

r/CryptoMoonShotsSee Post

🐕 GUITAR SHIBA 🎸 12th JULY: Very Low Mcap | Based Dev | 100% Safu | Non-toxic Community-Driven

r/CryptoMoonShotsSee Post

🐕 GUITAR SHIBA 🎸 Based Dev | 100% Safu | Non-toxic Community-Driven | Very Low Mcap

r/CryptoMoonShotsSee Post

BogTools have just launched something that's going to blow every other BSC charting platform and swap completely out of the water. This is the best trading platform in DeFi 📈

r/CryptoCurrencySee Post

Claim free 0.001 BTC for install ! And mine more.

r/CryptoMoonShotsSee Post

AnonRise | Rise buyback mechanics | Future Blockchain and Launchpad | Launch at 11PM EST

r/CryptoMoonShotsSee Post

ROTO 🐱 - Rebranding of the most promising charity token for animal shelters (new brand, new website, active devs, super community and rugproof)

r/CryptoCurrencySee Post

A blockchain for enterprise and upcoming ICO you may want to familiarize yourself with.

r/CryptoMoonShotsSee Post

ROTO 🐱 - Rebranding of the most promising charity token for animal shelters (new brand, new website, active devs, super community and rugproof)

r/CryptoCurrencySee Post

Invierta en Criptomonedas

r/CryptoMoonShotsSee Post

🍣 $SS: Shiba Sushi Token. Brand new token launched hours ago. under 60K Market Cap gem! Huge community.

r/SatoshiStreetBetsSee Post

MOONSHOT Monday | 🦅 EagleSky 🦅 | 1 day old | 92k Market Cap | 900 Holders |

r/CryptoMoonShotsSee Post

$BADD1ES aka The 0nIyFans KIller | Bélle Délphine as potentiaI advisor

r/CryptoMoonShotsSee Post

Eagle Sky 🦅 - This Eagle is [1 Hour]! - [200K] MC - GEM 💎- dont miss this $ES 🦅

r/CryptoMoonShotsSee Post

$ES3 [ Article on Bloomberg homepage] Soon on CoinGecko and CMC - [1 Week Old] ElonSpaceToken is the revolutionary coin designed to set the benchmark for the future of crypto mining in the world of clean energy

r/CryptoMoonShotsSee Post

$SAFENUTSACK 💎| 100% Moonshot 🚀 | just launched / trending on Poocoin already | transparent team | great community full of banter and love 🧡

r/CryptoCurrencySee Post

My experience day trading on different drugs

r/CryptoMoonShotsSee Post

💥💥💥🔒🔒poderosa plataforma de criptografia offline🔒🔒 💥💥💥

r/CryptoMoonShotsSee Post

ROTO 🐶🐱 - New coin donating to animal shelters with a really low market cap and a great future ahead

r/SatoshiStreetBetsSee Post

Moonshot Monday: ROTO 🐶🐱 - New coin donating to animal shelters with a really low market cap and a great future ahead

r/CryptoMoonShotsSee Post

$ROTOMOON Let's do this for the Animals🐾🐶🐱

r/CryptoCurrencySee Post

[TA/Analysis] I did some research and your investments are all safe

r/CryptoCurrencySee Post

University Project Help?

Mentions

what i don't get about crypto, is why the price should going up? I see crypto (btc/xlm,eth) like a currency, digital money, a easy, safe way to make transactions online.. not like a stock, if the technology behind btc/xlm/eth is awesome, revolutionary, the company/foundation behind that will going up not the crypto... Is like the EV, they are "new" technology, changing a industry. I don't buy a Tesla model X/Nio model ES8 hopping their price going up, i would buy a tesla/nio stock. Maybe i'm wrong

Mentions:#EV#ES

The Dow, S&P 500, and NASDAQ futures (YM=F, ES=F, NQ=F tickers respectively) are pretty reliable indicators of what will happen in those indexes at the market open. And BTC has been following the stock market for months.

Mentions:#ES#BTC

> Why isn't there a coin pegged to the ES, NASDAQ **or even the price of oil**? This reminds me of the "Petro" pseudo-cryptocurrency issued by the Venezuelan government

Mentions:#ES

Time to play some Elden Ring and forget about the money. If you are like me and just gonna hodl thru this, could be some years. Imagine I'll be playing ES6 by the time my ADA goes back over a dollar. LOL

Mentions:#ES#ADA

Lol what? Do you even look at the chart you posted? Japan's GDP growth has remained stagnant for 30 years, currently it's lower than it was in 1995. I'm talking about the era from 90's to now for a reason. It tells that the impact of monetary policy actually has on inflation in an environment where other inflationary factors (like high growth) are gone. Hint: not a lot. I'm not here claiming that oh, "Inflation of the money supply dwarfs the other risks to prices", I'm literally just providing a textbook example (Japan is literally the posterchild shown in every single macroecon 101 textbook about the limits of monetary policy) and asking you to explain it. That's it. I never made any claims about monetary supply like you have. Aaaaaaaand it turns out you can't read a graph. Figures. Really? You can't read a graph and you want to lecture other people online about monetary policy? Kid, if you bothered to pay attention during macro 101, you'd realize that Japan since the 1990s is the textbook example of a low growth economy that (it's literally called [The Lost Decades](https://en.wikipedia.org/wiki/Lost_Decades)) suffered from extremely low inflation, and even deflation, while the BOJ pegged interest rate at 0 (and even negative interest rate in some years) and pursued quantitative easing for decades for very little effect. Literally every single intro macro textbook on the planet uses this example to show you that printing money isn't a miracle drug you can just chug and spike inflation rates whenever you want. There's a billion papers on this example. Go read some of them before regurgitating nonsense. Example: > [Japan has suffered from a long slump since the early 1990s and experienced persistent deflation in the GDP deflator since 1995 and in the CPI since 1998. The Bank of Japan has responded with a very low instrument rate (the overnight call rate) of 50 basis points since the end of 1995, a zero instrument rate since 1999 (except an increase to 25 basis points during August 2000-March 2001), and “quantitative easing” with a zero interest rate and **a large expansion of the monetary base since March 2001 (Oda and Ueda [15], Eggertsson and Ostry [7])**. The Bank has also made “a commitment to continue with this ample provision of liquidity until the year-on-year rate of change in the consumer price index (excluding fresh food, on a nationwide basis) registers zero percent or higher on a sustainable basis” (Bank of Japan [2]). **This monetary-policy response has so far not stopped deflation in Japan, and the Bank of Japan has not gained control of the price level.** Japan is in a liquidity trap–a situation when the zero lower bound for the instrument rate (ZLB) is strictly binding, in the sense that it prevents the central bank from setting its instrument rate at its optimal level.](http://www.princeton.edu/~ceps/workingpapers/126svensson.pdf ) --- >[Quantitative easing brought down long-term interest rates and had a calming effect on financial markets, but it did not transform inflation or growth, which recovered slowly through the 2000s. The central problem, it slowly became clear, was that the public no longer expected prices or wages to go up, and no matter what the central bank did, their expectations were self-fulfilling.](https://www.ft.com/content/da9086f7-bfa5-4d1c-83d0-bea5fe41945d) Or just look at [this fucking graph lol.](https://files.stlouisfed.org/files/htdocs/publications/es/14/ES_1_2014-01-10_chart.pdf) Man, this is basic economics. Study the basics before thinking you somehow how inflation works, mmmkay?

Mentions:#CPI#ES

El Salvador + an African country is about to adopt it as legal tender as well. ES bought 100M in BTC starting in November apparently.

Mentions:#ES#BTC

According to ES's Tourism Minister tourism is up 30% since adoption and people are staying longer and spending more. But I'm sure you will decide your family's anecdotes are more reliable than government officials' data so you keep doing you.

Mentions:#ES

But these two things are almost not correlated. ES bought bitcoin accounting to a very small percentage of its GDP.

Mentions:#ES

How much of ES's portfolio is Bitcoin? It made to sound like it's caused by their Bitcoin investment in all the articles.

Mentions:#ES

dude those post are getting ridiculous to say the least... I am 100% into Bitcoin but people here envy some wierd shit. As an example related with what OPs commented, a coworker of mine talks about the paradise El Salvador is, that he wants to move to El Salvador blahblahblah..., how is possible that because of the fact that ES adopted Bitcoin means is a good place to make a living?? it makes no sense. We live in Germany and the guy dreams with moving to El Salvador, why? what the fuck is he going to do there? like ookay he might be able to pay with Bitcoin at the store, aaand? thats it? his dream became true? holy shit. People just doesn´t research info about the huge problems El Salvador is facing. Now is getting better since Bukele went full all in against the gangs, but my god we are talking about a very dangerous country to live, specially if someone looks european and walk around some places there. My gf comes from South America, we both speak spanish and went to some countries there, we both know how hard life can be in comparasion with some European countries like Germany..., it seems many people around Europe doesn´t realize how less cost the human life in some of those countries. People please... the fact that El Salvador adopted Bitcoin doesn´t mean is a paradise. It is a country with huge problems. I believe Bitcoin is the future and that ES is going to be ahead of many other countries because it is the first country to adopt BTC, but for now..., just don´t dream on going there to make a living.

Mentions:#ES#BTC

It's not like he's selling, it's the same as gold reserves.. What you think he's just gunna dump at a loss? He wants ES to become the world's go to crypto vacation destination. If you didn't know a job in tourism can set locals up FOR LIFE. When I traveled around Central America, most locals expressed to me how jobs in tourism were much higher paying and in more demand. They could actually afford to make a decent living. El Salvadors tourism market has grown substantially since bitcoin inception and will only continue to grow. It's funny because no one will give him any credit when bitcoin is 100K+. People just like to complain and only focus on the negative, despite how irrelevant that negativity may be. As other countries adopt more draconian measures Bitcoin investors will flock to the bitcoin friendly safe havens.

Mentions:#ES#LIFE

Here are the original videos from his YouTube channel. As some have pointed out, these videos didn't age well... https://www.youtube.com/watch?v=32l1ht1wlLI https://www.youtube.com/watch?v=_sdHkymiclc https://www.youtube.com/watch?v=6ES9wzGyYMU

Mentions:#ES

Who says that ES failed at adopting the btc tho? When did that happen? I didn't really know that it failed I thought they were doing good enough. Clearly I was wrong I guess.

Mentions:#ES

I hope that ES wins this race, because I'm wishing for them here.

Mentions:#ES

The censorship aspect is real. I’ll give you that. For many in ES, they’d rather have USD over BTC given the volatility in purchasing power of using BTC, even if there is the censorship risk But I totally agree ES is doing good things for BTC

Mentions:#ES#BTC

I [look at this:](https://finance.yahoo.com/chart/ES%3DF#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-) crypto is getting rekt while stocks are doing OK. ETH is -38% while SP 500 -1.6% and NASDAQ - 4.3%.

Mentions:#ES#DF#ETH

If stocks Go flying and we see ES at 3200-3400 you will get it for less than 1.5 😅

Mentions:#ES
r/BitcoinSee Comment

“Here’s some statistics I found about bitcoin adoption in ES.” “YOU HOPE BITCOIN FAILS AND EVERYONE DIES!”

Mentions:#ES#BITCOIN
r/BitcoinSee Comment

BITCOIN IS MORE DIVISIBLE, TRANSFERABLE, SLOWER INCREASING SUPPLY THAN GOLD. One day, we will be on the moon. 44 goddamn countries met with ES to talk BTC.

Pretty bullish close for the stockmarket (for the sentiment we are in, not in general). Should give crypto some recovery time over the weekend as well and hope it catches a bid :D Lets see what monday brings. Defended lows so might test 4000/4100 ES and BTC could attempt 31 with it again.

Mentions:#ES#BTC

Its still pretty good though. Think it will be more crucial that ES catches a bid and gets 3950+

Mentions:#ES
r/BitcoinSee Comment

Usually these kind of bulk orders are brought together in dark pools by the leading global banks and financial institutions. If you watch order flow of futures markets like oil or ES, you can often spot liquidity areas with single limit order amounting to 5x of usual quantity and it being filled with some “strange ease” by someone coming in the market (as if premeditated) and galloping that single limit bulk order with market entry.

Mentions:#ES
r/BitcoinSee Comment

Are they going to help bailout ES after absorbing such big losses?

Mentions:#ES
r/BitcoinSee Comment

You know, you’re right, I need to be better…. Here’s what you need to know about the debt in question…. The debit coming due is $800 million bonds that El Salvador sold on the open market in 2002. It’s a fixed rate bond paying 7.75%. It is due on 1/24/2023. You can see all the details here… https://www.bourse.lu/security/USP01012AJ55/62269 Note, none of this debt is owned by the IMF The way bonds like this work (and most countries do it this way including the US) is that the issuer (El Salvador) pays out half of that 7.75% twice a year. If you do the math you’ll see that comes out to $31M every 6 months. Then at the end of the term (Jan 24th 2023) they have to give the holders of the bond the original amount back ($800M total). That fixed $31M payment every six months amount was agreed in 2002, it’s not a new thing. In the last year, El Salvador has bought 2300 bitcoins for roughly $100M. 2300 coins are now worth about $67M meaning they’ve lost $33M. So when people say they’ve lost the equivalent of one debt payment, they mean they could have made one of those 6 month payments with the $33M they are currently down. When people talk about a default, they mean that El Salvador can’t pay it’s obligations on this debt. Nobody is really worried about ES making that next $31M payment. What they are worried about is that $800M repayment in January. The reason a default is a big deal, is nobody is going to lend you money ever again if you have a history of not paying it back. Or if they do, they are going to charge you crazy high interest. Given El Salvador needs to borrow money to keep paying it’s bills (interest on it’s other debts, state pensions, paying the army etc etc), a default would be a disaster. That’s where the IMF could step in. They could lend them the $800M at a below market interest rate. But they will add strings, and one of those strings will likely be, stop doing risky speculative things and start doing the basics right.

Mentions:#ES
r/BitcoinSee Comment

I was kidding… it’s really unbelievable ES being so tiny might be so revolutionary to world finance

Mentions:#ES

At US premarket Open and later full open we either see insane buying or absolute slaughter. My bet is slaughter so it probably goes and ES tests 4050 pulling the market. But I'll say death

Mentions:#ES
r/BitcoinSee Comment

Lmao El Salvador doing Bitcoin as a legal tender is a joke. IMF won't let them money if they keep Bitcoin and that means virtually no money for ES. This gigalomaniac fever dream pictured here won't feed anyone.

Mentions:#ES

I dont know what is good about this. Crazy dictator is gambling his country. This is not good for BTC, not for ES ppl, not good for evryone.

Mentions:#BTC#ES

Scam dump/pump can and do happen but its because the liquidity is so low, you can move the price easily. This is why traders stop trading Friday after stocks close, impossible to predict where price might go short term when one person can move it however they like. Come sunday right before ES opens, if the price did a scam move, you just take the opposite trade because it always goes back to where it was Friday close.

Mentions:#ES

Nah, there are days where Nasdaq/S&P is stronger/weaker than one another but generally the rule is, NQ follows ES. You don't need to be watching S&P, NQ and BTC constantly, that is the job of the bots, but you must be aware of what they are doing in higher time frames. Even if ETH looks really strong, if the stocks and BTC shits the bed, ETH strength wont mean anything and it will get dragged down and vice versa, even if ETH looks bad, it will get dragged up by others going up. Essentially with the order i provided in the main comment, each time you go down the line, you are increasing leverage by x2. 1x(S&P)-->2x-->4x(BTC)-->8X-->16X(Shitcoins) Of course the numbers are not 1:1, just the general idea of the situation right now. ETH is NOT that more volatile than BTC and some alts are NOT that more volatile than ETH.

Mentions:#ES#BTC#ETH

> How are those people, including the elderly, supposed to learn something that’s complex so quickly? there is no requirement to learn it quickly though so you are creating a strawman just like this study did. Start with the premise "Bitcoin has failed in ES" then seek out data to support your premise. This isn't how legitimate studies are conducted. The didn't even make any attempt to compare adoption to some other monetary network. They judged it in a bubble based on made up criteria. Its being criticized because its horseshit.

Mentions:#ES

Exactly. " Bitcoin failed in ES on a totally contrived and arbitrary success metric and timeline"

Mentions:#ES

BTC (and therefore entire crypto market) is heavily correlated to the NQ/ES, and besides that it's been range bound for 4 months. Think about how nuts that is for such a volatile asset, 4 months of value has been building, whichever side it breaks to will come with tremendous volatility.

Mentions:#BTC#ES
r/BitcoinSee Comment

As he said, legal tender does not mean anything regarding merchants, unless additional laws apply like in el salvador. And mobile internet today is prett yuniversal, even in countries like ES and central africa.

Mentions:#ES
r/BitcoinSee Comment

its too late ES already has it as legal tender. either ES becomes the richest country in the world or other nations adopt.

Mentions:#ES
r/BitcoinSee Comment

I think they forgot about one certain country known as ES. I think they need to be reminded about that. Who's going to do that for us? Remind them please.

Mentions:#ES
r/BitcoinSee Comment

Exactly same thing was being said about the ES too tho.

Mentions:#ES
r/BitcoinSee Comment

ES still can't control the currency, no country should do.

Mentions:#ES
r/CryptoCurrencySee Comment

A few hundret $ are not a huge dip. Also nothing is sudden. The volume on weekends is so low it doesn't really matter. Even if BTC recovers 1000-2000$ on the weekend it might dump it on monday. It only matters to weekend traders. What people should hope for is an insane earnings season starting next week from big tech. If the earnings are disappointing it might take an already weak market into a further decline. BTC trades way more related to ES/SPY than people want to believe and risky assets are often cut first. I just hope to see any sort of relief in the markets. BTC held very good so far but if markets tank, this is nowhere near low . If you have cash thats great, if you dont then you can only watch I guess. Unfortunately team no cash here :D

Mentions:#BTC#ES#SPY
r/BitcoinSee Comment

What do you make of this? Do you believe it, or think something else might be going on? I confess I've paid barely any attention to the ES bonds, but don't recall anyone being concerned about a lack of interest.

Mentions:#ES
r/BitcoinSee Comment

It's not in ES either. It's legal tender there.

Mentions:#ES
r/CryptoCurrencySee Comment

There was a bart attempt yesterday but it got defended by algo's hooked up to ES price, i was even short 41.3 waiting for it, now switched to longs, dont think it comes now before at least touching 42K, indicators have been reset, of course if ES rolls over, BTC will too.

Mentions:#ES#BTC
r/BitcoinSee Comment

chivo is strike and ES is a country not a software

Mentions:#ES
r/CryptoCurrencySee Comment

ummm es mini futures up https://finance.yahoo.com/quote/ES%3DF?p=ES%3DF btc is falling despite this

Mentions:#ES#DF
r/BitcoinSee Comment

exactly! i mean MS13 started in California, after the war in the 80s/early 90's people came to the the US (because the US started a civil war that lasted 12 years), some started gangs to protect each other from other gangs in LA. the founders got deported to ES which was still in ruins. because of the drug trade and the fact that there were now tons of orphans in ES these guys were able to take kids in, take care of them, and made them member of the gang. the numbers grew by the month till we get to what we have today. there's a ton of information between all this but that would a while to type out in detail.

Mentions:#LA#ES
r/BitcoinSee Comment

This may just be backlash as I believe the president of ES said the same thing when she spoke about things she shouldn't.

Mentions:#ES
r/BitcoinSee Comment

First of all introducing a bill isn't that big of a deal. Lots of that happens all the time. It might be voted down or ignored entirely. And second, the title is bullshit. ES adoption isn't going to be "avoided" by paperwork getting filed in another country. All it does is basically some research, looking at risks, blah blah.

Mentions:#ES
r/BitcoinSee Comment

And we dip hard today. That surprises the people of ES too 🤡

Mentions:#ES
r/BitcoinSee Comment

President of ES tweet in Jan: """" 2022 predictions on #Bitcoin: •Will reach $100k •2 more countries will adopt it as legal tender •Will become a major electoral issue in US elections this year •Bitcoin City will commence construction •Volcano bonds will be oversubscribed •Huge surprise at u/TheBitcoinConf """ Literally NONE of this is happening so far, and his "huge surprise" is that he bailed from the conference lol

Mentions:#ES
r/BitcoinSee Comment

ES president no longer attending BTC conference lol ​ https://twitter.com/TheBitcoinConf/status/1511751005377073154?s=20&t=2S2V0cJKJTQzAuqslforDg

Mentions:#ES#BTC
r/CryptoCurrencySee Comment

trips to ES currently really affordable from US. I’m thinking of going

Mentions:#ES
r/BitcoinSee Comment

Strike was live in ES before Chivo launched.

Mentions:#ES
r/BitcoinSee Comment

Most videos ive seen of people paying lightning invoices in ES have been using blue wallet or muun wallet.

Mentions:#ES
r/BitcoinSee Comment

> Theres no way to say "this lightning invoice can only be paid for with a chivo wallet" well alright but none of this apple lightning is happening. I assume there is a reason everyone that posts an ES vid for bitcoin beach downloads the chivo wallet. all of them are bitcoin fans and yet they all get the chivo wallet. idk.

Mentions:#ES
r/BitcoinSee Comment

Dude. No. Say starbucks in ES accepts lightning invoices, any lightning wallet on earth can pay that invoice and there's no way for starbucks to know if it was chivo or apple pay or strike or wallet of satoshi. Theres no way to say "this lightning invoice can only be paid for with a chivo wallet". Lightning is a completely open standard. If apple pay integrates with strikes API then apple pay will be able to pay any lightning invoice on earth even lightning invoices generated by starbucks in El Salvador.

Mentions:#ES
r/BitcoinSee Comment

Chivo is one option. You can travel to ES and pay for a starbucks lightning invoice with absolutely any lightning wallet you want, even one you coded and built yourself.

Mentions:#ES
r/BitcoinSee Comment

strike only works in ES because of the chivo wallet which has the KYC and regulations that strike is missing.

Mentions:#ES
r/BitcoinSee Comment

> This would make it so someone with absolutely no bank account selling food on the side of the road in El Salvador could accept payment from a tourist who uses Apple Pay No they couldnt, ES has way more regulation that this just wouldnt fly (just like we do) and they cant download with a vpn from another country apple pay because of KYC and how ES tracks spending and income. These massive companies WANT strong KYC because it allows them to track you better they lobby governments for them. who do you think put kyc in the patriot act? big banks, if they didnt want trust me banks would have lobbied against it so hard it wouldnt have passed. What your proposing is for a massive company to actively put kyc to the side which they would never do.

Mentions:#ES
r/CryptoCurrencySee Comment

Vote: Information accompanying transfers of funds and certain crypto-assets (recast) (COD), adoption of draft report and vote on the decision to enter into interinstitutional negotiations - Rapporteurs Ernest URTASUN (Greens/EFA, ES) and Assita KANKO (ECR, BE) Debate: Prevention of the use of the financial system for the purposes of money laundering or terrorist financing (COD), consideration of draft report - Rapporteurs Eero HEINÄLUOMA (S&D, FI) and Damien CARÊME (Greens/EFA, FR)

Mentions:#COD#ES
r/BitcoinSee Comment

I'm sure that ES isn't gonna be alone in that journey man.

Mentions:#ES
r/CryptoCurrencySee Comment

I think the US is concerned of ES’ *success* of being able to 1) adapt to bitcoin as another legal tender; 2) not rely on the IMF like they traditionally have; and 3) do this under a *dictatorship*. Add a few more countries to the mix (What will we find out in Miami in a couple of weeks?) and you have momentum of the US Dollar losing its spot as the world’s global currency. They can’t control it. They can only *adapt* before it is too late. Thankfully a few Congresspeople are supportive of bitcoin. Some even own so they have a personal stake in the fight. Does ES’ adoption of bitcoin hurt the US? No. Is it the start of a movement that could? Yes.

Mentions:#ES
r/CryptoCurrencySee Comment

![gif](giphy|ES9xr85KS0UtW)

Mentions:#ES
r/BitcoinSee Comment

You also get permanent residency in ES by investing enough.

Mentions:#ES
r/BitcoinSee Comment

Mallers will announce next country of lauch of app. Or an integration with some financial service like Visa. Mow will announce progress on ES bonds, and perhaps plan for more bonds. New country announcing Bitcoin as official currency is unlikely imo, but can't be ruled out. Saylor may come with news of some company going with btc hs treasury reserve, but it won't be a very big company.

Mentions:#ES
r/BitcoinSee Comment

**[United Nations General Assembly Resolution ES-11/1](https://en.wikipedia.org/wiki/United_Nations_General_Assembly_Resolution_ES-11/1)** >United Nations General Assembly Resolution ES‑11/1 is a resolution of the eleventh emergency special session of the United Nations General Assembly, adopted on 2 March 2022. It deplored Russia's invasion of Ukraine and demanded a full withdrawal of Russian forces and a reversal of its decision to recognise the self-declared People's Republics of Donetsk and Luhansk. The paragraph 10 of the United Nations General Assembly Resolution of 2 March 2022 confirmed the involvement of Belarus in unlawful use of force against Ukraine. The resolution was sponsored by 96 countries, and passed with 141 voting in favour, 5 against, and 35 abstentions. ^([ )[^(F.A.Q)](https://www.reddit.com/r/WikiSummarizer/wiki/index#wiki_f.a.q)^( | )[^(Opt Out)](https://reddit.com/message/compose?to=WikiSummarizerBot&message=OptOut&subject=OptOut)^( | )[^(Opt Out Of Subreddit)](https://np.reddit.com/r/Bitcoin/about/banned)^( | )[^(GitHub)](https://github.com/Sujal-7/WikiSummarizerBot)^( ] Downvote to remove | v1.5)

Mentions:#ES
r/BitcoinSee Comment

no, we're not neutral, we voted "yes" to UN's resolution condemning the attack. [35 other countries abstained](https://en.wikipedia.org/wiki/United_Nations_General_Assembly_Resolution_ES-11/1), among them, china, india, iran and pakistan, so you can maybe call them neutral

Mentions:#ES
r/CryptoCurrencySee Comment

Why is response to the Ukrainian conflict your benchmark for evaluating governments? Why not their views on the conflict in Yemen? >consider your perspective--based on your media Do you think you might be a little concerned with war in Ukraine than Yemen because the US is an aggressor party in the former whereas the US' adversary is the aggressor in Ukraine? It's off topic for the sub and I'll leave it at that. But I'm only responding to suggest that the American public's views on ES (like Ukraine, Yemen, etc) are heavily skewed by American propaganda.

Mentions:#ES
r/CryptoCurrencySee Comment

I don't like the bending of rules and I'm not simping for him. But every person I've met (here in the US or in ES) from ES is a huge fan. A common refrain is 'yeah maybe he's bending the rules but noone has improved our lives so much'. It's a super shitty justification. That's what people said about Chavez. I hope it turns out better this time. I don't really know but people in ES that lived through the civil war are really cynical and are more interested in stability and economic opportunities. And btw they see very clearly the western world are a bunch of hypocrites in glass houses.

Mentions:#ES
r/BitcoinSee Comment

I think it's the same place, but it's in the ES that's for sure.

Mentions:#ES
r/BitcoinSee Comment

You should ignore every source going forward that has been telling you that Bitcoin or Bukele is not popular in ES.

Mentions:#ES
r/CryptoCurrencySee Comment

ES ftw

Mentions:#ES
r/CryptoCurrencySee Comment

ES is dumping like insane but BTC is flat, this is when you get suspicious about the price action btw.

Mentions:#ES#BTC
r/BitcoinSee Comment

We won’t be able to afford ES.

Mentions:#ES
r/BitcoinSee Comment

ES was a real surprise. Btc isn't reacting that much now.

Mentions:#ES
r/BitcoinSee Comment

Well if you wanna look at the point then look at ES and Ukraine.

Mentions:#ES
r/CryptoCurrencySee Comment

Folks have been screaming about how there is no liquidity in the markets for a month now and not just crypto, NQ&ES too. It looks like whales took their money and went to other markets for the time being.

Mentions:#ES
r/BitcoinSee Comment

It's false, maybe some miners are running in ES but definitely not all.

Mentions:#ES
r/CryptoCurrencySee Comment

People were saying BTC adoption in ES marked the end of the country. Meanwhile its GDP is soaring. So while it's not due to BTC, I think the "BTC killed ES" argument is dead in the water

Mentions:#BTC#ES
r/BitcoinSee Comment

Gotta give this dude some credit for actually trying shit. Even if ES isn't the most ideal place for a foreigner to live, none of that red tape, in any country, should exist for qualified candidates. If you want to live somewhere and have the financial means to contribute to the economy in a meaningful way, you should truly allowed to be a citizen anywhere.

Mentions:#ES
r/CryptoCurrencySee Comment

He’s definitely a Chad. Doesn’t mean he won’t look like a genius for getting ES into BTC

Mentions:#ES#BTC
r/BitcoinSee Comment

People who wanna see get used btc as currency look at ES.

Mentions:#ES
r/CryptoCurrencySee Comment

So it’s weird - the US labels ES bukele as anti-Democratic and a monster of his people…. …but support Trudeau? Huh. That’s weird. Wonder why.

Mentions:#ES
r/CryptoCurrencySee Comment

>It will always be CZ chain to me. That reminds of this: https://pbs.twimg.com/media/E0ES\_83VgAM0p4P.png

Mentions:#ES
r/CryptoCurrencySee Comment

Hang in there ES!

Mentions:#ES
r/BitcoinSee Comment

If you are into gov charity, go for it. ES ain't gonna make or break btc.

Mentions:#ES
r/CryptoCurrencySee Comment

I've become like, compltely uninterested in crypto recently. I might just sell everything and move it into a futures trading account to scalp ES and NQ futures. I like ETH above the 55 Weekly EMA. may hold until it retests the 200DMA at 3500. dunno.

Mentions:#ES#ETH
r/BitcoinSee Comment

Check the officially recognized list of countries. Their currencies are officially recognized automatically. That would be my guess. Currency in ES is US dollar.

Mentions:#ES
r/BitcoinSee Comment

ES is asking for $1bb+ and part of that is to buy Bitcoin... A speculative investment. It's fair for them, the IMF, to ask ES to not invest in speculative things with the IMF's money... There's nothing to do here other then everyone getting mad at the IMF because of the headline.

Mentions:#ES
r/CryptoCurrencySee Comment

ES: “Muhhhhney please” IMF: “OK, but you have to do as we say” ES: “uNfAiR!”

Mentions:#ES
r/BitcoinSee Comment

The “warning” is simply a veiled threat not to loan ES money if they keep stacking.

Mentions:#ES
r/CryptoCurrencySee Comment

I'll cash out after Bethesda drops ES6 and I compete it.

Mentions:#ES
r/BitcoinSee Comment

The first 15 min. bar after the market opened was a huge red candle in the /ES and /NQ. Yes, the markets are green at the open, but are down immediately from the highs.

Mentions:#ES
r/CryptoCurrencySee Comment

Warning: this is a dishonest come on ad. El Salvador is in big trouble from the IMF for accepting Bitcoin which was the work of one man who rammed it through congress without debate. Now the IMF tells ES they cn have no more credit unless they stop accepting Bitcoin. Since ES started accepting Bitcoin it has plummeted 45% and the country is in turmoil now.

Mentions:#ES
r/CryptoCurrencySee Comment

Seems like a hit piece from someone at a corporation. Probably a mole trying to spread FUD. Why even post an attack piece on ES and the president supporting bitcoin adoption at a cryptocurrency forum? Be careful out there guys. Always DYOR!! Don't always believe what someone says.

Mentions:#ES#DYOR
r/CryptoCurrencySee Comment

Considering that bitcoin is a small portion of their economy, it shouldn't make impact ES all that much. They should still be able to pay back whatever money IMF loaned them.

Mentions:#ES
r/CryptoCurrencySee Comment

Your posts reads like a whinge fest Thar ES isn’t using “your” crypto bag token of choice so you’re having a whinge about it. Sad.

Mentions:#ES
r/CryptoCurrencySee Comment

>”The IMF is not withholding 1.3b from ES because of BTC” >”IMF is withholding 1.3b from ES because of BTC” Whew- Glad we got that cleared up!

Mentions:#ES#BTC
r/CryptoCurrencySee Comment

Exactly. I also remember the head of the IMF discussing cryptos and saying "they are not currency, they are a high-risk highly-speculative asset". And that was before they went down 45%. Now she is proven correct. So cryptos cannot be honestly used as collateral, especially for governments. When the US government seizes cryptos from criminals they auction it off right away, they get rid of it. Similarly, any company offering you credit for your cryptos is not rowing with both oars in the water. Cryptos are so volatile they are too risky for any responsible institution to hold for very long. Zelaya is risking his presidency and his country's solvency on a very novel idea, to try and turn ES into a Bitcoin center for both mining and acceptance. He jammed the Bitcoin law through without public debate and the next day there were massive protests. Store owners and vendors are very nervous about Bitcoin. They prefer dollars or any real currency. In an attempt to mollify them and get people used to Bitcoin Zelaya gave all citizens $30 in Bitcoin. THis is strictly experimental, plus Zelaya didn't think this through. Binding your economy to Bitcoin risks disasterous 50-100% losses, it also threatens the tax base of the country as Bitcoin profits (if any) are easy to hide.

Mentions:#ES
r/CryptoCurrencySee Comment

Just jumping on the top comment to call out OP. You think Bukele is corrupt? Do you have any idea what ARENA and the FMLN did for years? If you are an American city boy, I can assure you everything you know about ES is bullshit. Bukele wasn’t the one selling guns to the gangs. Bukele wasn’t the one paying millions of tax payers money to family members in phantom positions. Bukele wasn’t the one that ransacked the country for decades after the war. But hey, as jackass as he may be, the country has the lowest violent crime records since the civil war. His admin has built hospitals and roads. The country had one of the best pandemic and vaccine rollouts of the region according the fucking IMF or the WB itself. Sólo un arenoso que vivía de la corrupción y de robarle a pueblo se puedo poner del lado de estos asquerosos. Y sólo un reverendo imbecil defendería al IMF vs una pequeña nación independiente.

Mentions:#ARENA#ES
r/CryptoCurrencySee Comment

True. But the end result is that ES will not be getting as many handouts from the IMF now

Mentions:#ES