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Coinbase Scandal + First ECB Rate Hike In 11 Years

Coinbase Scandal + First ECB Rate Hike In 11 Years

Sats O'Clock
July 22, 2022

Wake Up! It's Sats O'Clock.

Good morning. It's July 22, 2022.

Bitcoin is hovering around $23.4K at the time of writing.

Michael Saylor with a subtle jab.

If you sell 75% of your bitcoin, you will only have 25% of your #bitcoin left.
— Michael Saylor⚡️ (@saylor)
8:39 PM • Jul 20, 2022

Big change of hands for Bitcoin whales.

Large institutions have sold a combined 236,237 #Bitcoin ($5.5 billion) since May.
— Watcher.Guru (@WatcherGuru)
6:30 AM • Jul 22, 2022

In times of hardship, your currency needs to be stable.

JUST IN: Ukraine devalued its currency by 25% against the dollar.
🇺🇦 needs #Bitcoin
— Bitcoin Magazine (@BitcoinMagazine)
11:33 AM • Jul 21, 2022

CZ speaking on why $1B won't move the market.

Up to $100 billion of #btc get traded every day. Someone selling $1 billion is a drop in the ocean.
— CZ 🔶 Binance (@cz_binance)
12:26 PM • Jul 21, 2022

This is scary. Learn the difference between security and property.

The track record for crypto casinos is pretty terrible:
— Lyn Alden (@LynAldenContact)
9:51 PM • Jul 21, 2022

Some further Coinbase unravelling.

This is funny!
@cobie’s been calling bullshit on the ‘crypto’ industry and crooks like @coinbase for over 10 yrs. He’s very open and transparent on this…
You just now figuring this out?
😂🤪😝😜
— High Priest of Bitcoin 🇸🇻 (@maxkeiser)
12:27 AM • Jul 22, 2022

An investment track record of Bitcoin miners show 835% in gains since 2020.

A basket of #bitcoin mining equities rose 5,821% from January 2020 to their peak in 2021, only to fall -92% from the highs, to now having rebounded over 100% off the lows.
A meager 835% return since the start of 2020 with an insane amount of volatility along the way.
— Dylan LeClair 🟠 (@DylanLeClair_)
4:25 PM • Jul 21, 2022

If you missed it...

A friendly reminder...

A very very very basic way to explain #bitcoin
— Documenting Bitcoin 📄 (@DocumentingBTC)
5:42 PM • Jul 21, 2022

The scary thing is that this is true.

If you think #Bitcoin can’t go on a tear from here to $100k in the next 6 months, you haven’t spent enough time in this market.
— Dennis Porter #355 (@Dennis_Porter_)
5:38 AM • Jul 22, 2022

ECB does first rate hike in 11 years.

BREAKING: European Central Bank raises rates by 0.50% in its first hike in 11 years
— Bitcoin Magazine (@BitcoinMagazine)
12:17 PM • Jul 21, 2022

There are always consequences to money printing.

You can’t print trillions of dollars without consequences. #Bitcoin will make you pay.
— Carl ₿ MENGER ⚡️. (@CarlBMenger)
10:15 PM • Jul 21, 2022

Once you buy Bitcoin.

#Bitcoin is for ending central banks
— Liotta🏴‍☠️☣️ (@BTCLiotta04)
6:56 PM • Jul 21, 2022

MEME OF THE DAY

Everyone that buys the "dip".

Every time 🙄
#Bitcoin
— Trust - Crypto Wallet (@TrustWallet)
1:51 PM • Jul 21, 2022

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