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I'm personally not expecting much of a bump from 1559. The investors who know what it is have already priced it in. The ones that don't aren't going to notice anything immediately different when it happens.

I mean, it goes without saying, but: 1. Plenty of things already put Americans' money at risk, from the stock market, to inflation, to government mismanagement, to Las Vegas. And 2. Americans have every right in the world to be allowed to risk their money however they feel.

It's a stupid thing to say, but no great surprise coming from the Chair of the Senate Banking Committee

Amazon definitely has problems with it's supply chain infrastructure. Especially when it comes to the fake/counterfeit goods angle. There are a lot of articles out there on the subject so I won't go hunting, but here's just one of them: Welcome to the Era of Fake Products Ironically combating...

You might be right. But I don't think Amazon gives a fuck whose toes they step on. And they have the resources to make a coin or token (or whatever else they wanted) happen very quickly if they wanted to. But if they are just now getting around to the first steps of hiring a crypto team, it...

I don't see why they wouldn't come out with their own coin tbh. There really wouldn't be anything stopping them from coming up with something similar to the VET/VTHO dual coin. Edit: Don't get me wrong, I'd much rather they just adopt VET so I can retire... but I doubt that will happen.

I have no doubt. But take it to the next level: Company scrip - Wikipedia. Amazon only pays its employees in Bezocoin or whatever, which is only redeemable at Amazon.

Agreed.

https://www.reuters.com/business/retail-consumer/amazon-denies-report-accepting-bitcoin-payment-2021-07-26/ "Notwithstanding our interest in the space, the speculation that has ensued around our specific plans for cryptocurrencies is not true," said a spokesperson from Amazon." Womp womp...

This can't possibly be legitimate...

Yeah, 40k is definitely a heavy resistance line. I can see it breaking resistance if we get actual confirmation of the Amazon news, especially if we get follow up indications that other companies are thinking of doing the same. That said, if Amazon confirmation takes a while we will probably...

It would be wacky if it dropped that low, ya. But I wouldn't be surprised at all to see a dump down to the low 30s.

This is 100% possible. I think the tether issue may be the cause of the last deep crypto dip we get before main stream adoption.

0% chance of this happening.

A Tether reckoning has been coming for a long time. Only question is how seriously it impacts the crypto market when it collapses. Edit: Market seems unfazed by tether FUD.

If BTC can break 40k, that's when things get really interesting.

Well boys, it's on. Insider reporting Amazon to begin accepting BTC and put out its own token by 2022. Assuming this is confirmed (and that's a big assumption) it's hard to imagine how big of a catalyst this is going to be for cryptocurrencies. Hope everyone has their positions already set...

This is exactly right. And it includes BTC.

We are getting a crypto trend reversal today. Friday evenings have been a significant down day for crypto for quite a while, but we just got a big bump. Checking around I'm seeing lots of hype (as opposed to the normal FUD). Wonder if the accumulation phase is coming to an end and we are...

Let's be honest, crypto is the wolf at the door for trad finance, especially banks like JPM. They are responsible for a ton of the FUD that gets thrown out about crypto for a reason. If crypto ultimately reaches its natural conclusion, banks that have failed to adapt will cease to exist. I...

https://finance.yahoo.com/news/no-european-union-not-banning-171752952.html The E.U. Commissioner for Financial Services may have misunderstood the meaning of her own statement. The reality is hard to imagine.

Wild guess here, but it could mean that whales are expecting an imminent surge in ETH transactions, which would drastically increase the cost of said transactions. MATIC of course being currently the best solution to expensive ETH transactions. Probably related to the implementation of 1559 in...

Well, MATIC is up 32%, on the day compared to ETHs 10%, so yes?

Agree with pretty much everything about this analysis. I've got some ETH and a couple of the top alts (Matic and vet) I'm holding them for the foreseeable future. For now I've just been accumulating dry powder and hoping that the slow bleed continues until we get down to the bottom, which I'm...

This might answer your question: Stablecoins Are Not Money, Says Fed Attorney | Crypto Briefing

That's a great comparison. We used to replace the liquor we took with water to keep the levels up. It worked until the bourbon was about 50% water. Also: Yellen urges federal agencies to 'act quickly' on stablecoin regulation As usual, Casey is on top of shit. The stable coin issue may...

These are pretty much must-see for anyone in crypto. Great vids. Also, you missed a really important distinction. She is very much down on the "short term" future of crypto and still very bullish about the long-term future.

Not to mention side conversations distracting people, people getting up to get a drink or food or use the bathroom. Maps just keep everybody on the same page.

Very seriously considered it, but I just got my new rewards card and don't know if I want to switch up. That said, if there aren't any catches in the fine print it seems like a crazy good deal if you believe (like most people in this thread do) that Bitcoin is going to eventually increase...

Yeah, in the early days of DnD, Shadowrun, etc, not too many people used grid maps, we just kind of described the situation and everybody used their imagination. It wasn't terrible, mostly because we didn't have a basis for comparison to something better. But we definitely spent a lot of time...

Has anyone found a new location for The Trove (or a replacement for it), now that the old site has been offline for a while now?

Maybe I'm not getting what you are saying, but in most cases the map remains dark until the players explore it, so the GM creating a map doesn't mean the PCs know where anything is. You also have several options with how you want to handle parts of the map the PCs have already explored and...

You don't know wtf you are talking about. Ransomware existed before crypto. Do some research.

Hey, lots of Boomers would agree with him.

Buying before the regularly scheduled Friday dip. Ballsy.

Yeah, I mean every investment is a risk and nothing is guaranteed. The conversation we were having had to do with how profitable of an asset Bitcoin had been as a long-term investment to this point. And the answer is extremely profitable. Who knows what might happen in the future? That said...

Right. When that happens you don't sell. You just wait a little while until it goes back up 300% or 800% in a few months or a year and then you sell. Or better yet, you hold it five years until it goes up %16000 and then sell. There are lots of issues/concerns with crypto, but long-term...

I don't know wtf you guys are talking about. BTC is one of the best performing assets you can possibly buy if you are long. It's up roughly 275% in the last year and it's up almost 5000% in the last 5 years. ETH is up more than 800% in the last year and 16,000%(!) in the last 5 years. The...