happydreamer

Pure speculation here but I think this entire shakeout is contrived. My theory is that they want the retail hodl'rs to dump their holding so that institutions can scoop it up at cheap prices and then be the ones in control of it. Unlike paper money, you can't make more BTC when it runs out. If you take a look at who some of the largest holders of BTC are it's not YET all the institutions. During this shakeout it causes people to panic sell flooding the market with assets. There's a striking similarity between this and the Gold seizure of the Great Depression in the 1930 except since BTC is not controlled by any single government, its not ones country seizing it. Its simply creating conditions that will cause the flood and then ultimately the buy up. Doesn't mean its going to regain it's former prince tags...Curious to see what happens when it's institutionally owned

I wanted to play around with them just to see how they work and what they do. It became obvious immediately how they work and the blind-side that inexperienced traders can fall into. I think running them on a well known asset like BTC or ETH, where one understands the movement of the asset and it's current range can be profitable. However, the tutorials that "help" newbies set up their bots basically set a lot of people up to lose money. For instance if I were to run one on BTC / USD I might set the range to be 38K on the low side and 41K on the high side and let it work between that range. Might also set a stop loss in there depending on what they profit looks like .

Have you run any of their bots, how do they perform?

The ones in Binance and Pionex are integrated within the app itself. It's not a third party bot provider

This is a dead link

I'm using Pionex although I'm pretty sure Binance might have some too.

Anyone here using them? Curious to hear you experiences. Just started up on Pionex.

https://www.wsj.com/articles/fidelity-to-allow-retirement-savers-to-put-bitcoin-in-401-k-accounts-11650945661

Watch what happens when you don't include pronouns in your email signature

They want champagne and caviar tourists but they offer Sangsom and beer nuts with a side of extortion. The old adage you get what you pay for works in reverse too...you get what you put out there. So for now enjoy stinky hippy backpackers that wanna ride elephants

This dude spares no time or expense taking credit for or denying everything

No. Matter of fact if you try to redeem the claim from an IP outside the US it won't even let you on the page. Use USA addy and details. When the card arrives to my USA address I just have family mail it to me.

There was someone on here a while ago that was asking about the Gemini Credit Card. I received an email from them today that said I could apply and check if I qualified. took about a minute to plug-in my data. Was approved for 20K credit limit at 12.99% APR on the spot. Go out there and see if you can apply if you're still interested.

https://finbold.com/us-senator-bill-to-integrate-cryptocurrencies-into-financial-system-almost-ready/

There's that combination of terms again...crypto and mainstream. Good share Whale

It'll bounce off low resistence again but I do believe we're in a range now and any expectation to break out of the range is lofty. If you're good on selling calls and puts, have at it. And although I'm pro crypto, personally it's a bit risky for me

Probably why it's flying right now https://www.coindesk.com/policy/2022/03/09/biden-issues-long-awaited-executive-order-on-crypto/

I brought up PayPal since it is one of the most widely used payment gateways USED by mainstream every day merchants throughout the world. Hundreds of thousands of online businesses use PayPal to facilitate payments. How do you not consider this mainstream when nearly every online retailer accepts it? As far as BTC being better? I'm not quite sure it's better. But it's an alternative form of payment. I develop websites and cloud-based applications professionally. Thats my day job. Professionally for the past 25 years. My consulting agency works with dozens of online retailers (globally) who use PayPal, Square, Stripe, Apple Pay, and Zelle to facilitate currency transferring hands from one party to another. Some of my clients are what are consider high-risk vendors. That is to say they have an above average occurrence of chargebacks which in the online retail business hurts your seller score and can get you kicked off a payment gateway really quickly. When that happens you can no longer accept payments for your products and you're left with no alternatives because the payment gateways will always side with the buyer before the seller. There's an abnormally high amount of people out there that try and scam retailers all the time saying they never received merchandise when indeed, merchandise is received and verified with proof of tracking and delivery record. You know what? PayPal and Visa don't give a hog's fat ass about it. Both will revoke your selling privileges regardless of if you can provide proof of delivery or not. All they care about is the chargeback and if they are in jeopardy of having to reimburse that client for (in the case of my clients) thousands of dollars worth of merchandise drop shipped from other areas of the world. For the sake of the example above let's remove BTC from PayPal and just say for instance seller accepts BTC for purchase through use of transfer from wallet address to wallet address. Do you see how this problem now goes away if PayPal, stripe, or Visa decides to pull the rug from a vendor? Now put PayPal back into the equation and say they act as a gateway for crypto transfer and buyer claims they never received a product? Is there a chargeback then? We don't know yet. It's new technology. But it certainly is hopeful for sellers who are in this position. And BTW...Paypal charges 3 - 4% for transactions done on their network. Where have you seen BTC transaction cost more than this? Maybe you're thinking of the gas fees associated with Ether, but certainly not BTC. Anyhow...this is what I mean when I say that those without the technical background to substantiate their claims know very little about the possibilities and use cases for crypto currency. You don't know what you don't know. You can only view it from a surface standpoint and not a use case scenario

You're right. After 13 years....I just....don't....get it. I think what you're failing to look at is what PayPal does and then putting that into context of what's it's currently offering. PayPal is a payment gateway. They facilitate payments through different types of currencies on a global scale. Their business is facilitating payments. Thats it. Not sure how long you've used PayPal but in the very beginning it acted to allow self-proprietary merchants (not just businesses) to accept credit card payment online. That was game changing. In th beginning the options were limited and few. You couldn't use it like you can now. It's added features over the years that make it pretty much like any other financial institution This is where the non-technically savvy falter. They can't imagine a future having more advanced features or capabilities than what they currently know of at the moment. They don't understand how technology is implemented and scaled. In the future systems like PayPal will open their doors to being able to transfer crypto in and out just like they have over the years allowed the transfer of funds in and out of their system using a combination of credit cards, debit cards, banks and even electronic checks. Do you reeeeeeally think that just because something isn't available right now...that because you can't move crypto in and out and it's a closed loop systems (for now) that it's not on the docket for future development? Do you think that the C-levels and board members who run these financial institutions are sitting around shaking the magic 8-ball at their meetings and saying...Hey let's try crypto this week and see what happens. Maybe next week we can try Longwood's pork bellies. People who think technology is a scam and don't believe in tech as a means of streamlining the future and facilitating a better life are lost. I feel sorry for you guys.

Aaaaaand passing proceeds on to merchants isn't better for the merchant???? You know who else makes money on fees? Credit cards. Every time you use them. And you know who pays those fees? The merchant most of the time, unless you live here...then you pay them IF they even let you use a credit card. Mainstream adoption to me is when you have options available do do every day tasks that you didn't have before. Like checking out with PayPal, Applepay, Samsung pay, google pay.... Mainstream adoption. All huge entities....making money off people spending money.

What are you talking about? PayPal just integrated a crypto payment feature and Ebay accepts its well.

30 countries that share common interests. Being relegated to dealing with China and India..everyone's wet dream I'm sure

It's called protecting interests and ever superpower in the world does it. Why do you think Russia is in the Ukraine?

Gettin a bit existential on me are ya ? ????

Plug in "money" in place of btc and watch how much more broad your blanket statement becomes