re: Official CryptoTalk Thread

quote:

---

We are crashing hard. RIP to my net worth.

---

If you're a long term holder, you should not even be phased. This is just temporary. Bitcoin and these ETFs will all be past the moon later this year and especially by fall 2025.

Keep holding and ignore the rollercoaster ride.

Yours truly,

Ice In Veins

What about btc mining companies?

For any of you with even a moderate interest in DePin crypto, Peaq is the one most intriguing to me. Due to launch Q1 with impressive partnerships already in place

Peaq

I had completely forgotten there was a SEC v Coinbase case going. I may have mentioned him before, but for those of you with twitter, @MetaLawMan is an excellent follow for stuff like this. For those that don’t , I’ll try and quote the thread lol

quote:

---

SEC v. @Coinbase, Update

The hearing on Coinbase’s Motion for Judgment on the Pleadings will be held on Wednesday, Jan 17.

There are four possible outcomes, with potential permutations to each:

Option 1. Judge Denies the Coinbase Motion. 

It’s a low bar for the SEC.  To win, all the SEC has to show is they have alleged facts making their claim “plausible.”  The case moves on to discovery for a year or more until motions for summary judgment (like in @Ripple).

Option 2. Judge Grants @Coinbase's Motion "with prejudice."

This means the entire case is dismissed.  It’s all over at the District Court. The SEC moves on to appeal at the Second Circuit Court of Appeals.

Option 3. Judge Grants motion “without prejudice.”

SEC gets a chance to amend the complaint to cure deficiencies cited by the judge.
  But, if the court rules the SEC lacks authority from Congress to regulate crypto exchanges, there would be no point in allowing an amendment.

Option 4. Judge Grants motion with respect to the claims relating to the 13 crypto tokens, but Denies with respect to the staking service.  The case would then move on to discovery, focused only on the staking service and whether it qualifies as an investment contract.

The judge almost certainly will not rule at the hearing.But, it is possible she will leave some hints through her questioning. I will be in court in New York on Wednesday to see what I can see.I will share my views on which outcome is most likely after the hearing.

Judge Failla understands the stakes are enormous in this case.I would expect her to issue a ruling quickly."Quickly" for me would mean in under three months.

You can listen in to the hearing live at 10 am EST on Wednesday by dialing:
(888) 363-4749
Access code 5123533

---

Are you just going to shill shitters over the next year?

I'm a fan, but you might want to shill a tg group to dump on folks with instead. It worked great last time.

I don't pay attention to the shitters either

ZK-Rollup is another layer 2 built on Ethereum.

Don't fall for the fake videos of Michael Saylor telling you to scan a barcode on your screen and send any amount of Bitcoin to the wallet it pulls up and he will send double the amount of Bitcoin to your wallet you sent your Bitcoin from. These videos on YouTube and perhaps other social media are AI generated and they look real. The artificial intelligence created Michael Saylor looks and sounds exactly like him. The videos will be compelling to some folks and they will lose their Bitcoin if they do this.

Michael Saylor says he is having approximately 80 of these fake scam videos taken down every day.

AI is making so you will not be able to trust any videos in the future. Just wait for fake election videos, for instance. They're coming soon.

Anyone familiar with ITrustCapital? I have a buddy that is using this to trade crypto through his IRA. Just wondering if anyone else has used it. Fees are an issue, but It's one of the cheapest crypto IRA's out there. Thanks.

No need for lectures on how dangerous trading crypto is in an IRA. Been buying and selling crypto related stocks for years. I'm aware of the dangers..

ITrust

Has any presidential candidate outlined their position on crypto markets outside of Vivek. Honest question

Everything I’ve read him state is super bullish for the market in general. From completely cleaning house at the SEC, legally protecting developers, and establishing the majority of projects as commodities

I can’t imagine there’s another candidate remotely as crypto friendly. I haven’t heard Trump speak on it in ages and we know exactly how much the current clown show hates it