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re: Official CryptoTalk Thread

Posted on 2/23/21 at 11:30 am to
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 2/23/21 at 11:30 am to
quote:


It's use case is to kill off all of the othercoins


yea seems likely. I am not sold on the future of payment coins
Posted by DreauxB2015
Member since Nov 2015
7725 posts
Posted on 2/23/21 at 12:04 pm to
Always loved this gif .

Posted by ChuckO1975
Member since Feb 2021
1292 posts
Posted on 2/23/21 at 1:13 pm to
quote:

is it going to have an extremely regulated supply that they can not manipulate?



Nope. It's going to be like the USD, except easier to trace and tax, and isolate wrong-thinkers.

actually, that should be their slogan: "The worst aspects of USD and Bitcoin in one product!"
This post was edited on 2/23/21 at 1:15 pm
Posted by jmcwhrter
Member since Nov 2012
6569 posts
Posted on 2/23/21 at 1:15 pm to
quote:

isolate wrong-thinkers.


I'd love to know how much cryptocurrency our intelligence community moves around
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 2/23/21 at 1:34 pm to
CIA

Posted by finchmeister08
Member since Mar 2011
35656 posts
Posted on 2/23/21 at 1:53 pm to





Posted by 21JumpStreet
Member since Jul 2012
14652 posts
Posted on 2/23/21 at 1:54 pm to
Make it stop!
Posted by lsu777
Lake Charles
Member since Jan 2004
31157 posts
Posted on 2/23/21 at 2:10 pm to
quote:

Make it stop!


why? hell no, get the MFer to 35kish. Gonna be able to buy lots of sweet coins.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 2/23/21 at 2:11 pm to
This is your time boys
Posted by 21JumpStreet
Member since Jul 2012
14652 posts
Posted on 2/23/21 at 2:12 pm to
Yea, I don't have THAT much skin. Go down to $1 and I'm liquidating everything I own
Posted by DVinBR
Member since Jan 2013
12987 posts
Posted on 2/23/21 at 2:20 pm to
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69912 posts
Posted on 2/23/21 at 2:36 pm to
Posted by martiallaw
Louisiana
Member since Jan 2008
1454 posts
Posted on 2/23/21 at 2:48 pm to
Has anyone looked into the Greyscale Trust (GBTC) ? I was thinking about moving some IRA $ and moving it to buy GBTC.
Posted by Douglas Quaid
Mars
Member since Mar 2010
4098 posts
Posted on 2/23/21 at 3:05 pm to
quote:

It's going to be like the USD, except easier to trace and tax, and isolate wrong-thinkers.


Spot on.

quote:

actually, that should be their slogan: "The worst aspects of USD and Bitcoin in one product!"


Eh, there won't be any need for decentralization so it should scale easily.
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 2/23/21 at 3:20 pm to
Square announced the purchase of 3318 bitcoins to their balance sheet today
Posted by Ooh Wee Ooh
Member since Nov 2008
1455 posts
Posted on 2/23/21 at 3:21 pm to
quote:

3318 bitcoins
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80780 posts
Posted on 2/23/21 at 3:36 pm to
Average price of $51,200. What chumps!
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 2/23/21 at 3:36 pm to
quote:

Has anyone looked into the Greyscale Trust (GBTC) ? I was thinking about moving some IRA $ and moving it to buy GBTC.


pretty sure a BTC ETF is opening soon in the US, just keep that in mind
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 2/23/21 at 3:50 pm to
quote:

Average price of $51,200. What chumps!


so that's 3,318 BTC for $170 million.

last year they bought 4,709 BTC for $50 million.

lesson there for anyone paying attention
Posted by TomSpanks
Baton Rouge
Member since Dec 2005
1021 posts
Posted on 2/23/21 at 4:10 pm to
Today has been rough, what's everyone thinking we wake up to tomorrow? More carnage or will the asians pump everything up?
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