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re: Official CryptoTalk Thread

Posted on 5/27/19 at 3:58 am to
Posted by jmcwhrter
Member since Nov 2012
6609 posts
Posted on 5/27/19 at 3:58 am to
Your crypto investments are 100% tied to BTC. The reason you buy altcoins is because there is hope that they will go up 1000% in value, unlike BTC which is only (lol) 122% away from all time high

BTC up = alt coins sell
BTC down = alt coins sell
BTC flat = alt coins increase AGAINST BTC
Posted by crazycubes
Member since Jan 2016
5256 posts
Posted on 5/27/19 at 7:32 am to
Facebook will launch crypto in 2020 - BBC

LINK


• Facebook (NASDAQ:FB) is planning to release its cryptocurrency, internally called GlobalCoin, in about a dozen countries during the first quarter of 2020, according to a report Friday from the BBC.

• Plans for the coin will be laid out later this summer and tests will begin by the end of the year.

• CEO Mark Zuckerberg reportedly met with Bank of England Governor Mark Carney in April to discuss the crypto, and also spoke with U.S. Treasury officials regarding regulatory issues and firms such as Western Union (NYSE:WU) to discuss transferring funds.

ETA: SIAP
This post was edited on 5/27/19 at 7:33 am
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