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I thought there was an etf on cryptos, cant recall what it was though.
Crypto is Crashing HARD - opportunity.....
- Thread starter Juristic Person
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Found out from a friend of mine that if you live in the state of Nevada, you can not trade crypto on Robinhood.
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Buy XRP - Buy Ripple - Uphold
At Uphold, we make it easy to buy and sell any major digital currency. You can invest, transfer or send/receive 130+ cryptocurrencies, 27 national currencies, 4 precious metals and 50 American equities.
uphold.com
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I wonder if the war there has something to do with this crash. If people like the soros and clintons etc were holding a ton of operating funds in cryptos wiping them out would put the hurt on them.
Yeah I know, I'll stop dreaming now...............................
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Jeez, shootie. I think you are channeling yer Unca.
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Crashing crypto is good news that's long overdue. People need to get back to work with productive pursuits. Early players won the lottery and no longer feel the need to actually produce anything. And they've been consuming more only because they can afford it. Small wonder there is a supply crunch. And the ridiculous waste of power to do their 'mining'...
Two good questions. I got two answers (not really as good, but good enuf fer me) :
1. They are both ephemeral. The equivalent of morning mist. They can both disappear ANY day without warning. One always has done this.
2. The future of currency/transactions depends very, very heavily on just how determined/desperate the Cabal is to reach their goal. So the question should be modified to: Do you think there is a future of any currency/transactions besides digital, fiat, other than PM's?
I wish I had blown off the scheduled purchase of some junk silver just once to "waste" $10 back 13 years ago. If I had, today I could make a significant addition to replace my lake losses. And that is what I would do.
Juristic Person: IMO, you are spot on correct. <-- BUT! Only in your unchanging monetary/business world. Your logic (within the strict parameters of continued "normalism" of world society) is quite persuasive.
It is my opinion the human race is on the cusp of the largest, most impactful change since the Black Plague. It could be good, even great. It could be horrible beyond comprehension (hemorrhagic fever developed/released already from the labs).
In sum, it is my guess that Bitcoin has a "window" of fantastic viability. It is in that window as you read this. But that window can close forever in seconds from something as banal as a Carrington Event. <-- Zerio electrical stuff including infrastructure gone. Or from something even more probable and far worse than a civilization-destroying CE: Nuclear war. It IS being threatened as you read this, also. Those are the endpoints. I hope we do not see them. And if we do not, we still have the digital manipulation in stocks, etc.
I would get out of the window while it is still open.
Avalon
The most courageous act is to think for yourself
Midas Member
Sr Midas Sup +++
GIM Hall Of Fame
my only solution has been to buy things I know we will need.
Avalon
The most courageous act is to think for yourself
Midas Member
Sr Midas Sup +++
GIM Hall Of Fame
From what I am hearing at some point all countries will have to have some type of commodity behind the new digital currency. I think it will be a combo of gold, other metals, oil and even food. Lynette Zang makes a good argument for the several currency failures. The young communist generation we have breed in this country are going to be in for a huge shock when make believe money and pretend work no longer buy anything.
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anyone else having problems getting onto Coinbase this morning?
View attachment 258705
Coinbase warns customers they may lose crypto if company goes bankrupt
Following an epic share price decline of more than 27% this week, Coinbase issued a stark warning to customers, your money is at risk if the crypto exchange goes bankrupt.www.dailymail.co.uk
That's not a surprise. Crypto investors know more than anyone else about these risks. Any brokerage or bank is the same thing. Yes, those have "insurance" but we all know how this works around here. If you don't hold it you don't own it.
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I wonder how all those crypto fans who jumped in at $48k are feeling about BTC this morning
They are probably have intense discussions at the vomitorium.
Some crypto can and IS being used for things. The people doing this will be fine and excited by the lower prices.
The idiots who fomo'd into a Hood account to buy crap coins are probably gonna due the usual despair thing.
The idiots who fomo'd into a Hood account to buy crap coins are probably gonna due the usual despair thing.
Yeah..."mining" "coins".
Even the fricken names used to describe it are shamelessly plagiarized for maximum psychological effect.
"Mining"
"Coins"
"Wallet"
Fool me once...
A little perspective: a long-term logarithmic chart.
View attachment 258705
Coinbase warns customers they may lose crypto if company goes bankrupt
Following an epic share price decline of more than 27% this week, Coinbase issued a stark warning to customers, your money is at risk if the crypto exchange goes bankrupt.
Lies...crypto is safe and secure, just like the jabs.
A little perspective: a long-term logarithmic chart.
Better than I even hope for Silver. Totally missed that trend. My bad.
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Up and to the right. It will continue.A little perspective: a long-term logarithmic chart.
Which PM broker just got in trouble, oh yeah. This would be the exact same thing as say buying Silver from NW Territorial Mint and then letting them hold it for you. That doesn't make silver inherently bad.
That I'm not sure about. That is a once in a lifetime type gain.
Plus, "It's only going up" "to da moon"
The "Magic", "Anonymous" Electronic Salvation of mankind in the End Times. Sustainably "Mined", ecologically harvested and 100% dolphin safe.
Soon we'll have "First striked, Burnished, Reverse proof, Reeded edge, High relief, Deep Cameo Bitcoins...personally autographed by the same made up name that supposedly " invented" it/her/she/them/we/xi.
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I have never let anyone hold it for me, not even storing it at a safe deposit box. I strongly believe in what Ponce said.
Plus, holding it helps keep the muscles toned.
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ah crap...View attachment 258705
Coinbase warns customers they may lose crypto if company goes bankrupt
Following an epic share price decline of more than 27% this week, Coinbase issued a stark warning to customers, your money is at risk if the crypto exchange goes bankrupt.
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Not sure that you can actually buy XRP - they were under investigation by the FTC a while back and trading was frozen. Maybe that has changed?
Bitcoin here is a good opportunity to get run over. Maybe a go at half the current price. Lots of downside in stocks like MARA and RIOT. See where they traded March 2020.
.hmmm I'm picturing wheelbarrows full of bitcoins being burned for heat. I wonder how many BTU's a Bitcoin has.
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idk but I have almost all my crypto on coinbase. Not enough to ruin me mind you, but it wouldn't be nice to watch it burn.
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Is that the equivalent of the GSR with BTC/Gold?
Get them in a wallet.
Just a ratio so yeah.
That's betting on what the bettors are gonna bet on. Jeez.
I dunno, bro... If you consider that by next year a gallon of gas could be going for $120 USD (fiat)... that slope might well continue even steeper. Think Bolivars.
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Crypto is tanking....
...but the dollar is riding high!! Bizarro world!!
www.tradingview.com
...but the dollar is riding high!! Bizarro world!!
DXY Index Charts and Quotes — TradingView
View live US Dollar Index chart to track latest price changes. CAPITALCOM:DXY trade ideas, forecasts and market news are at your disposal as well.
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the young generation is telling me something about why they have left crypto,
and they state a lot of it has to do with the flop fees, the vig fees to play in the space,
that coinbase and all the rest of them, along with the bogus overcharges by the chitcoin/ether/whatever networks are ripping them off
they absolutely do not agree with gas fees and all the rest of it that nerds are getting paid to match transactions up + the exchange fees
they want to go in and out, and with the fees, their cash bleeds just on fees
and they are right, it is a bogus set up with too high of transaction costs,
then all these persons that claim it can be used for day to day, week to week, transaction are just blowing smoke up your ass,
as it isn't even close to being ready for mainstream in any manner
and they state a lot of it has to do with the flop fees, the vig fees to play in the space,
that coinbase and all the rest of them, along with the bogus overcharges by the chitcoin/ether/whatever networks are ripping them off
they absolutely do not agree with gas fees and all the rest of it that nerds are getting paid to match transactions up + the exchange fees
they want to go in and out, and with the fees, their cash bleeds just on fees
and they are right, it is a bogus set up with too high of transaction costs,
then all these persons that claim it can be used for day to day, week to week, transaction are just blowing smoke up your ass,
as it isn't even close to being ready for mainstream in any manner
I believe MARA is a scam, but riot is actually doing ok as a company. The stock isn’t reflective of the company’s performance. I’m buying it all up at these prices.
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Now this I don't get. there are 100,000,000 Satoshis in one bitcoin. How is that limited?