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Thursday, 09/22/2022 9:44:46 PM

Thursday, September 22, 2022 9:44:46 PM

Post# of 14862
Greetings others that are stuck with disappointment too.

The link below shows just how bad things are when it comes to crypto.

If you are looking only at the price of crypto choices - you're missing the background situations - the demand and desire for crypto is still falling - meaning cryppto miners are suffering greatly - and if the source of new crypto is suffering greatly - what does that tell you about true demand - it doesn't exist. In other words - crypto prices should be accelerating if the miners aren't working as crypto existing would be in greater demand and prices increasing - but that isn't happening as you read the link and the list of Chapter 11 filings developing by major names. And that includes inflation isn't increasing crypto prices either.

And of course yet another shoe to recently drop - that Ether - by virtue of the recently completed "merge" activity has caused - the U.S. is now getting much closer to considering Ether to be a security and all the restrictions and government requirements that would create in the near future - Even Biden is talking about it. And of course - NFT is ==== > Ether based - and that would require those two things ("security status" and expanded government regulatory increases) - to make it difficult for CYIO to be operational in the U.S. (which is why they are back in Australia in 2022.


Read the link and see how many crypto related businesses of size or going or already started the process of Chapter 11 - and this was about all the new West Texas location too.

https://finance.yahoo.com/news/crypto-mining-data-center-provider-205213119.html