Bitcoins/Litecoins/Virtual Currencies

Furry

Furry

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Sanrith Descartes said:
Beat me to it. You know the fuckers selling COIN yesterday had inside info.

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Putting your full social, photocopies of your IDs and banking information into a chinese banking website.... I mean duh. Anyone who didn't see the inevitable investigation and the inevitable total collapse of binance hasn't paid any attention to chinese banks at all. They collapse as often as leaves fall from trees. Pretty sure chinese even have a word for bank runs because of it.

I think Elon has smugly discovered a legal way to manipulate crypto markets, since SEC doesn't really have power over crypto markets. I wouldn't be surprised to see a shot over the bow from some authority in his direction regarding crypto comments as well.
 
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Flobee

Flobee

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If you can ignore the SJW title this is a really good article about how Bitcoin is affecting third world countries. Bottom up revolution

bitcoinmagazine.com

Check Your Financial Privilege

While those comfortable in the dollar bubble deride Bitcoin, the stories of three emerging market users demonstrate why it is so important.
bitcoinmagazine.com bitcoinmagazine.com
 
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Haus

Haus

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I had to do a debunking run on the ecological nonsense already due to a friend making this claim about crypto months ago.

Gold uses far more energy and produces far more industrial waste... Which is what BTC positions to replace.
Same for the traditional banking system... Which is what ETH/Defi is positioned to replace
 
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Haus

Haus

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Rajaah said:
So uh, does this mean I have to go back to using Coinbase? Blergh.
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I'm leveraging coinbase right now to accumulate on dips of things I can buy there. (predominantly ETH, ADA) then waiting to move the ETH once gas prices subside.
 
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Rajaah

Rajaah

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Haus said:
I'm leveraging coinbase right now to accumulate on dips of things I can buy there. (predominantly ETH, ADA) then waiting to move the ETH once gas prices subside.
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Great price on TrueBit right now...shame about the gas though. By the time it subsides, prices will probably be back up. We'll see. Getting more of that and Eth are my primary goals at the moment. Not too worried about VET because my average buy-in price is like .185 and it hasn't gone much below that.

Jackie Treehorn Jackie Treehorn Good call on MATIC, it's been very resilient lately.
 
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swayze22

swayze22

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Flobee said:
If you can ignore the SJW title this is a really good article about how Bitcoin is affecting third world countries. Bottom up revolution

bitcoinmagazine.com

Check Your Financial Privilege

While those comfortable in the dollar bubble deride Bitcoin, the stories of three emerging market users demonstrate why it is so important.
bitcoinmagazine.com bitcoinmagazine.com
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looks like that guy likes to make headlines. his other 5 articles are all similar to that one you posted for the most part.

here is him & snowden having a spat. goldstein sounds a bit like James James in regards to the concerns over BTC and how it hasn't evolved and other concerns.

i like to read things I don't fully understand...

news.bitcoin.com

Edward Snowden Knocks Alex Gladstein's Crypto Critique- ‘Worst Part of Dragon-Level Wealth Is People Devolve Into Dragons Themselves’ – Privacy Bitcoin News

Snowden attacked the tribalism taking place in the crypto space and said that some people “lose sight of the world beyond their cave.”
news.bitcoin.com news.bitcoin.com
 
hory

hory

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Gold uses far more energy and produces far more industrial waste... Which is what BTC positions to replace.
Same for the traditional banking system... Which is what ETH/Defi is positioned to replace
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Isn't gold a resource used in all modern electronics and satellites ?
 
V

Volto!

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I can understand the price of BTC dropping over Elon’s tweet. Can anyone explain why etherium is dipping too? Are those of you who are long etherium buying during this dip?
 
Arden

Arden

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BTC is still the bellwether crypto, even if you believe (like me) that it won't be for long. Anything that massively effects BTC is going to have a broad effect on the crypto market as a whole. Plus, the whole DoJ/IRS investigation into Binance is also factoring in. Plus, the crypto market was due for a sizable correction anyway and this seems like a good time.

My guess is you will see ETH recover pretty quickly and then resume the march to 10k, while BTC will undergo a much slower recovery.
 
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Jackie Treehorn

Jackie Treehorn

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Rajaah said:
Great price on TrueBit right now...shame about the gas though. By the time it subsides, prices will probably be back up. We'll see. Getting more of that and Eth are my primary goals at the moment. Not too worried about VET because my average buy-in price is like .185 and it hasn't gone much below that.

Jackie Treehorn Jackie Treehorn Good call on MATIC, it's been very resilient lately.
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Yeah! I’m pretty happy with it for having bought in at 70 cents. I’m also up like 1500 coins from arbitrage on AAVE loans and wMATIC coins every day.
 
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Flobee

Flobee

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And this is how Defi dies. It just becomes another fintech. If it was decentralized it wouldn't need to capitulate to regulators. Hope I'm wrong

 
swayze22

swayze22

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Flobee said:
And this is how Defi dies. It just becomes another fintech. If it was decentralized it wouldn't need to capitulate to regulators. Hope I'm wrong

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big brother wants your money to pay for all their fuckups.
 
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Aaron

Aaron

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LachiusTZ said:
The early posts in this thread are interesting
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Lol reading that made me think of lost opportunities too. Until recently I worked at a school. Well, maybe training program is a better word. It operated along the lines of taking in 25 students for 6 months training at our facilities, and for the other 6 months we would train on site, so the 25 student computers would be dormant for 6 months a year. Now, granted, they were just shitty office PCs, but still, if I'd had them running mining 24/7 6 months a year from the early days on free electricity.. would have been a nice income boost! :)
 
Rajaah

Rajaah

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insidebitcoins.com

Ethereum Price Prediction: ETH/USD Sliding Lower Under $4055

The Ethereum price prediction shows that the coin is approaching a crucial level of support as the ETH must have the support of $3700.
insidebitcoins.com insidebitcoins.com

Ethereum resistance points, interesting read. Dropping another couple hundred on it today to help catapult it downward, so get ready to buy the dip tomorrow.

LiteCoin is starting to get some press as a mover/surger, I'm noticing. Maybe a comeback is on the way?
 
Alkorin

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Cupcaek said:
I have to know, without reading hundreds of pages, how did this end?
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About 8 BTC later, I sold for $250 ea.

Seemed like a great idea at the time.

Leave me alone, I need a drink.
 
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