Bitcoin conditions, Crypto Mother Bubble?, Money as a tool, Lawsuit against Binance, Litecoin

@HODLCommunity presents to you the 78th LeoFinance Curation Post

We feel very excited as we think we will address one of the most important issues on the leofinance.io platform: Curation.

We truly hope, big stakeholders will support this initiative in order to spread rewards to some amazing writers.

Our goal is to support content creators and generate qualitative interactions between LeoFinance users.

We will set a 5% beneficiary for every author selected in this curation report.

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Ouch That Hurts - Bitcoin Hitting Oversold Conditions For First Time Since Dec 2018 by @thelogicaldude

It has been absolutely painful to watch. Bitcoin is dropping down to some dangerous levels. But is't not just Bitcoin and the crypto markets, the S&P 500 and other indexes are getting destroyed too. Basically all risk on assets are getting nailed.

But while there is some serious blood in the streets right now, there is a bright side to it all... This could be the sign that we are really close to the bottom. These last few attempts have seemed like a desperate push to wipe out the rest of the weak hands out of some of these markets so that the big boys can start scooping it up cheap.

Are We Seeing The Mother of all Bubbles? by @nirvana3003

Surely you woke up today 3% poorer than yesterday, especially if you are an investor in cryptocurrencies, bitcoin has reduced its price significantly in recent days (actually in the last two months) and with it has pushed the rest of the altcoins into the abyss of red numbers.

Actually volatility in BTC prices is normal behavior in this cryptocurrency, it has happened before and will continue to do so in the future, despite this it is much more reliable to take refuge in the main digital currency than in the vast majority of altcoins and obviously in fiat money.

Right from the beginning of time money has always been a revolutionary tool by @iskafan

The economy is based on money. If a person isn’t well-off financially, it means that they are probably from a lower class of people. Since America is an extremely capitalist country, the concept of classes revolves around money.

Society has many different classes with the more affluent being at the top and the poorer being at the bottom. Some may argue that the upper classes have a lot while others argue that they have very little. But how did money affect everyone regardless of their class?

Lawsuit against Binance and other exchanges. by @fabian98

Today is a black Monday for the crypto market, as bitcoin broke the $30K floor and is on its way to a new one, many expect it to be around $18K, but many times it is surprising how the price is heading, in fact this might be a vital support point as many big investors mentioned that they would enter the market if the bitcoin price falls below $24K. So we could expect a strong rally.

Is It A Goodbye For Litecoin After It Upgraded Into A DarkCoin? by @rufans

While the blockchain technology was being designed, one of its selling points is the anonymity of transactions. And at the start of its adoption, its adopters fancied that feature a lot since they are hoping to break out from the centralized governmental system. But as time passed by, centralized exchanges emerged, and KYC(Know Your Customer) was made mandatory in other to transact on their platforms.

This post is created by @mistakili to curate quality content on LeoFinance.

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