OT- Bitcoin
- Thread starter redwine65
- Start date
You have to be pretty happy with this run! I guess the question is you buying a lambo or a rolls royce lol! I wish I had known more about it earlier
Has anyone actually USED crypto? I don't mean purchased it, I mean used it to buy something. I have not. I have just bought it.
I don't know about you, but I live in Nebraska. This state is the last one to ever adopt new trends. If the local places ever start accepting it I would. Banks are just now starting to accept it, the rest will follow soon. Then the question will be just like this, "man how did we ever live without the debit card?" I still remember the Seinfeld Commercial. Only this time it will be with bitcoin barcodes.
This is kind of a big deal. The CFO of the largest hedge fund in the world just left to join a tech and financial services firm that specializes in crypto.
www.theblockcrypto.com
Bitcoin services firm NYDIG hires CFO of Bridgewater Associates, the world's largest hedge fund
Bitcoin services provider NYDIG has hired John Dalby, CFO of Bridgewater Associates, the world's largest hedge fund, as its CFO.
This is what I want to do with Doge
Warren refused to badmouth it last week at the annual meeting. Munger called it the worst development of all time. The very next question he was effusively praising the Chinese communist dictatorship! You can’t make this stuff up.
Now I know how so many kids got rich off of crypto. They had PT jobs or used Bday cash and invested it and got lucky. Amazing.
Yep and now folks are investing “free” money from uncle sugar and probably cleaning up. Easy to invest money you haven’t earned.
Shit, I did not even think about that!
Had you taken 1,400 and dumped it into Doge back in May you would have around 350,000! Ha!
Had 100k doge at .003 and sold at 9 cents.... never sell !
Oh man! I mean, it is still awesome that you made what you did but I feel for you!
I got into bitcoin at 19 grand..and it's done well
but, I remember 700 dollar eth, 20 dollar bnb, 10 dollar kusama...etc....
so many have out performed btc.
but btc's raw power is interesting, cause dot may go down, or ada, or anyother coin...but it doesn't make the whole market go down..
only btc has that power, it a helluva thing to watch
I had 1 million telcoin at .009 sold at .015 cents, I could have waited till it hit .04 cents
holding onto coins pays off
I used my crypto.com debit card to buy Amigos.
Banks won't fully go away, but they're going to lose a ton of market share. And everything is faster in the internet age.
At some point, don't we expect the US government to step in and say 'we'll take it from here' with some sort of digital US dollar and the banning of others?
I imagine that the US government will attempt to make their own coin or try and take over. Possibly pull and FDR and try and confiscate all crypto (instead of gold).
But they don’t want a coin like Bitcoin, they don’t want a hard cap. They have to be able to manipulate it like fiat. So it won’t ever work.
I think they will make a digital dollar, and will need to keep the paper currency also (to keep the government honest)
it would be great to have a digital dollar, then you could see exactly where all the tax money goes to the penny, that would be great for transparency, and keep government agencies a lil more responsible with their spending habits...also, there's a way to keep the inflation incheck, if they made it like ampleforth. this way the goverment could have fair and honest scales.
I think bitcoin and the dollar can coexist just fine....I mean where do you cash out your bitcoin if the dollar is not there? bitcoin is not scalable enough to be a real currency, the sec already said it's a stored value asset, same as a snake series gun, remington, or bar of gold
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I think the goal for the crypto projects are to create a world where you can use a blockchain to pay and you don't have to "cash out" and be taxed on all your earnings
‘Highly volatile’: Powell’s not-so-cryptic warning on Bitcoin
‘Not really useful as a store of value’ or a means of payment, US Fed chair said of Bitcoin and other cryptocurrencies.
Fed Risk Warning, Payrolls, Energy Transfer Windfall - What's Moving Markets By Investing.com
Fed Risk Warning, Payrolls, Energy Transfer Windfall - What's Moving Markets
www.investing.com
When the Fed talks, you should listen. The most appropriate quote: “Asset prices may be vulnerable to significant declines should risk appetite fall,” Governor Lael Brainard, one of the most influential members of the Fed’s board, said in the report.
Of course, this relates to the stock market as well. Tread carefully out there...
Respectfully, I don't think you were ever where I am at right now. I think you might end up here one day though. I was once very much on the crypto train. I still see a few crypto projects where the use case and ideas are thought-provoking, but the price metrics are outside of my realm of expertise and knowledge.
Live Peer Token is one of the interesting ones to me. Offloading transcoding computations to "miners" and letting streaming services pay for those computations using their token sounds like an actual use case with a future. But would it really be better and more cost-effective to distribute these computations to outsiders? If I knew precisely how much Netflix, Amazon, and Google paid for these operations, it might be worth taking a further look.
And your quote about Elon Musk is quite off-base. Here is your boy just yesterday calling crypto "speculation" and making another warning about investing in it:
Elon Musk sounds caution on cryptocurrency: ‘Don’t risk life savings, invest with caution’
Tesla’s Elon Musk -- a long-time proponent of cryptocurrencies -- has sounded a note of caution for investors looking to gain from the boom in the prices of Bitcoin, Ethereum, Dogecoin and others
www.financialexpress.com
So it sounds like Elon does understand crypto, but likely not in the same way that you are thinking about it.
And with 620 trillion dollars in derivatives out there, that would make the global economy completely implode.‘Highly volatile’: Powell’s not-so-cryptic warning on Bitcoin
‘Not really useful as a store of value’ or a means of payment, US Fed chair said of Bitcoin and other cryptocurrencies.www.aljazeera.com
Fed Risk Warning, Payrolls, Energy Transfer Windfall - What's Moving Markets By Investing.com
Fed Risk Warning, Payrolls, Energy Transfer Windfall - What's Moving Marketswww.investing.com
When the Fed talks, you should listen. The most appropriate quote: “Asset prices may be vulnerable to significant declines should risk appetite fall,” Governor Lael Brainard, one of the most influential members of the Fed’s board, said in the report.
Of course, this relates to the stock market as well. Tread carefully out there...
They are going to make a digital dollar. Not sure they can ban everything else.
This really sucks for legit coins, and idiots keep flocking to these joke coins. It really sucks for the actual people that are making an effort in the market
https://coinmarketcap.com/currencies/shiba-inu/
This can not be good... what a joke
and then there is this one
https://coinmarketcap.com/currencies/cumrocket-crypto/
https://coinmarketcap.com/currencies/shiba-inu/
This can not be good... what a joke
and then there is this one
https://coinmarketcap.com/currencies/cumrocket-crypto/
A fool and their money are soon parted. Serious Crypto investors arent wasting their time with these meme coins.
You jelly? Dawg, I’m up a lot of cash on SHIB... why can’t ya just be happy for a fellow Husker?
