[Finance] The cryptocurrency (Bitcoin etc) thread

[Marshy]

I would venture to say the crypto industry is no more corrupt than banking.

you just need to choose the good ones with real world utility.

Any money in the bank is effectively a loan to the bank for them to mess around with and earn money on.

Your handing your money to them, its not guaranteed that when you want it they will be able to give it to you.... and if the bank goes tits up they can keep it.... bail ins are a thing...

 

[Marshy]

If only Crypto was more tightly regulated by the same banking regulators that failed to regulate the regulated Banks...then it would'nt pose a threat and risk to the regulated banking system...

 

[Pevenseagull]

Nottingham Forest’s Gustavo Scarpa in Brazil after losing £1m in crypto scam

Nottingham Forest are supporting their midfielder Gustavo Scarpa after he lost almost £1m in a cryptocurrency scam

www.theguardian.com

 

[CheeseRolls]

This isn't strictly crypto news, but it is very relevant. Many of the cynics on here, who only move money around UK banks don't appreciate the size and scale of International payments and the investment opportunity it presents.

This is a bilateral agreement between China and Brazil. Crypto payments open up the possibility for any to any currency transfers.

https://www.straitstimes.com/world/china-brazil-strike-deal-to-ditch-dollar-for-trade

If you look at the scale of this and the impact it will have on the US Dollar, if countries stop using the USD as a reserve currency, it is huge. Add in the move away from an oil based economy priced in USD and you start to understand why parts of the USA government are so openly hostile. Especially given the size and scale of US government debt.

 

[RandyWanger]

Whos still holding?

SwissBorg on their last day of funding were offering tokens as cashback, just got mine paid and also some ApeCoin for something I can't remember what for.

 

[CheeseRolls]

Whos still holding?

SwissBorg on their last day of funding were offering tokens as cashback, just got mine paid and also some ApeCoin for something I can't remember what for.

Woke up this morning to a surprising drop in the Quant price. Turns out it was an exchange hack with a large quantity of Qnt getting sold on Uniswap. They can't say they haven't been warned. Things quickly recovered and plenty of people claiming alt season is underway now. We shall see.

 

[knocky1]

Woke up this morning to a surprising drop in the Quant price. Turns out it was an exchange hack with a large quantity of Qnt getting sold on Uniswap. They can't say they haven't been warned. Things quickly recovered and plenty of people claiming alt season is underway now. We shall see.

Maybe there was confusement over yesterdays death announcement?

 

[Berty23]

Whos still holding?

SwissBorg on their last day of funding were offering tokens as cashback, just got mine paid and also some ApeCoin for something I can't remember what for.

I got mine too. Nice little thing I had forgotten about. Some nice rises going on. Still not seen the shares anywhere though!

 

[RandyWanger]

I got mine too. Nice little thing I had forgotten about. Some nice rises going on. Still not seen the shares anywhere though!

No, nothing official saying I hold any. Sure that'll come later.

 

[sydney]

just down to btc and xrp now

 

[RandyWanger]

I've been using a couple of ai bots to trade BTC into USDT in a fluctuant and bullish manner and it seems to be progressing quite well.

If anyone is interested, it's a referral link: https://www.pionex.com/en/sign/ref/59oF3iw6 and my code is: 59oF3iw6

DM me if you need help getting set up with the bots, you can transfer assets from coinbase into pionex or straight from your debit or Apple Pay.

 

[beorhthelm]

I've been using a couple of ai bots to trade BTC into USDT in a fluctuant and bullish manner and it seems to be progressing quite well.

If anyone is interested, it's a referral link: https://www.pionex.com/en/sign/ref/59oF3iw6 and my code is: 59oF3iw6

DM me if you need help getting set up with the bots, you can transfer assets from coinbase into pionex or straight from your debit or Apple Pay.

what sort of bot and return? i tried the general grid bots and wasn't worth it. tried the Martingale bot though and up ~100% since begining of year.

 

[Tyrone Biggums]

Democrat sells shares in First Republic Bank in March just before it dropped 80% in price. Then proceeds to buy up into JP Morgan who end up buying First Republic.

And they say the crypto space is full of shady crooks...

 

[schmunk]

Democrat sells shares in First Republic Bank in March just before it dropped 80% in price. Then proceeds to buy up into JP Morgan who end up buying First Republic.

And they say the crypto space is full of shady crooks...

Lois Frankel - Wikipedia

en.wikipedia.org

Yes, this congresswoman for a small part of Florida is masterminding the GLOBAL FINANCIAL CONSPIRACY...

Or, maybe, it was just a coincidence.

Hark! Is that a Zebra I hear...?

 

[Tyrone Biggums]

Lois Frankel - Wikipedia

en.wikipedia.org

Yes, this congresswoman for a small part of Florida is masterminding the GLOBAL FINANCIAL CONSPIRACY...

Or, maybe, it was just a coincidence.

Hark! Is that a Zebra I hear...?

It's called insider trading. If you or I did it we'd be arrested.

 

[schmunk]

It's called insider trading. If you or I did it we'd be arrested.

You think SHE is an insider to that bank collapse...?

Are you interested in buying these magic beans?

 

[Tyrone Biggums]

You think SHE is an insider to that bank collapse...?

Are you interested in buying these magic beans?

God you're clueless.

Democrats want to bring in a CBDC and all of a sudden US banks are collapsing and being swallowed up by the biggest of them all. Nothing suspicious about that.

 

[Knocky's Nose]

God you're clueless.

Democrats want to bring in a CBDC and all of a sudden US banks are collapsing and being swallowed up by the biggest of them all. Nothing suspicious about that.

Indeed...

If you want to control the monetary system of a country, do you try and shepherd 500 banks - or do you screw over all the little banks and let them get swallowed up to leave say, ten or twenty standing? A lot easier to manage...

All by design. This was planned years ago.

 

[Pevenseagull]

 

[RandyWanger]

what sort of bot and return? i tried the general grid bots and wasn't worth it. tried the Martingale bot though and up ~100% since begining of year.

The grids get small gains, about 2% a day. I have 1 trading BTC-USDT which has been in the green since I turned it on, same with a ETH-USDT but the ETH-BTC seems to make the most for me and I'm. looking forward to seeing how that pans out longer term.
About 20% up on all currently. I'm going to leave them on for a week longer and re-adjust my strategy, either buying in more or adjusting the bots to be more aggressive.

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