Bitcoin, Cryptocurrency, and the Future of Global Finance

[n_huffhines]

Scaring off the retail investors. ETH is moving to PoS in the next few months, so this shouldn't even matter, but people just throwing money in without any knowledge of the landscape are easily rattled.

 

[Velo Vol]

Scaring off the retail investors. ETH is moving to PoS in the next few months, so this shouldn't even matter, but people just throwing money in without any knowledge of the landscape are easily rattled.

I don't see that the mining story is that big a deal, But China clamping down on banking is another matter.

 

[theFallGuy]

shaking out paper hands

 

[n_huffhines]

I don't see that the mining story is that big a deal, But China clamping down on banking is another matter.

To China. I don't see how it affects anybody else in any significant way. If people are worried about China completely closing itself off to crypto and how that will impact prices, take note that China holds half as much BTC as Nigeria. It would do something, but they aren't that big of a player here.

 

[Velo Vol]

To China. I don't see how it affects anybody else in any significant way. If people are worried about China completely closing itself off to crypto and how that will impact prices, take note that China holds half as much BTC as Nigeria. It would do something, but they aren't that big of a player here.

This is a real stat? If accounts can be anonymous, how can it even be tracked geographically?

 

[Caculator]

I'm buying more Silver, ripple, and Doge

 

[n_huffhines]

This is a real stat? If accounts can be anonymous, how can it even be tracked geographically?

Sorry wrong stat, I looked at trading volumes (STATISTA) but I can't even pull up the stats anymore because there is a paywall and I exhausted my views.

I definitely wouldn't be holding crypto if I lived in China, so I doubt there is a lot of that going on, but that's just me.

What's ironic is there used to cautionary pieces about how it was unsafe that too much mining was going on in China.

 

[Velo Vol]

I definitely wouldn't be holding crypto if I lived in China, so I doubt there is a lot of that going on, but that's just me.

What's ironic is their used to cautionary pieces about how it was unsafe that too much mining was going on in China.

I don't know what it is now, but a few years ago there was a lot of Bitcoin in China.

 

[DancingOutlaw]

For all of you naive people that thought crypto was going to go exponential forever, welcome to the real world. I have a tip though, go all in on lumber while it's down!

 

[reecetn]

Looks like the Narrative I predicted Saturday is China threatening BTC.

The people who follow the charts are ahead of the narratives.

 

[n_huffhines]

What's crazy is the SEC commissioner this morning said that "XRP might not be a security" and it's still dipping because of the China news. This makes no sense.

 

[reecetn]

What's crazy is the SEC commissioner this morning said that "XRP might not be a security" and it's still dipping because of the China news. This makes no sense.

Ripple has announced they are beginning work on Federated Side Chains. One thing to take into consideration is it is obvious Ripple has completed all phases of the CBDC ledger technology or they would not move on to a new technology like the Federated Side Chains. Now Amazon is talking about adopting this technology. Devraj Varadhan from Amazon has joined Ripple. The only thing left is for the settlement and this CBDC ledger goes live. Patience my friend, ignore all this noise. The days of BTC speculation driving this bus are about to end.

 

[allvol123]

Things still looking good over here?

 

[Velo Vol]

If this is really true, what's going to happen to gold?

 

[Velo Vol]

Things still looking good over here?

Time for another Musk tweet to rally the troops.

 

[n_huffhines]

Things still looking good over here?

Just buying time is all

 

[reecetn]

Buying Algo today. I cannot buy any XRP or I will have an overdose.

 

[n_huffhines]

This traditional finance guy gives good perspective on the crypto market right now

Bankless - 70 - Facing the Frontier | Jim Bianco on Stitcher

 

[theFallGuy]

I'm buying more Silver, ripple, and Doge

when others are scared be bold. Ripple is a steal right now.

 

[Velo Vol]

This traditional finance guy gives good perspective on the crypto market right now

Bankless - 70 - Facing the Frontier | Jim Bianco on Stitcher

Interesting. I need to learn more about DeFi.

 

[0nelilreb]

If this is really true, what's going to happen to gold?

Nothing will replace the dollar until multiple countries get together and agree on a government(s) backed digital currency that they can control .

 

[VolStrom]

Nothing will replace the dollar until multiple countries get together and agree on a government(s) backed digital currency that they can control .

Shhhh, the faux coin guys will get mad at you. I've already read comments like "scaring off the retail investors" and "shaking out paper hands". All I can say to these guys is: good luck.

 

[reecetn]

Nothing will replace the dollar until multiple countries get together and agree on a government(s) backed digital currency that they can control .

Shhhh, the faux coin guys will get mad at you. I've already read comments like "scaring off the retail investors" and "shaking out paper hands". All I can say to these guys is: good luck.

LOL

I am totally shocked all these nations are considering dumping the dollar considering how much it has devalued in the past 6 months.

 

[VolStrom]

LOL

I am totally shocked all these nations are considering dumping the dollar considering how much it has devalued in the past 6 months.

Who are "these nations" that you speak about? Do you honestly think that the people that control the worlds wealth are going to let people like you walk away with any of their wealth?

 

[reecetn]

Who are "these nations" that you speak about? Do you honestly think that the people that control the worlds wealth are going to let people like you walk away with any of their wealth?

Did you even click the link.

And to late.