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Posted (edited)
2 hours ago, patman30 said:

the ones who brag about going big on the absolute dip (months after the fact)

If you are referring to me, I stated at the time exactly what I was doing, and certainly didn't brag about anything. 

 

 

Edited by Neeranam
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Posted
4 hours ago, likerdup1 said:

The regulatory agencies will be forced into establishing clarity about what really constitutes a security and forced into establishing clear guidelines which they do not have as of now. . This will be good for the crypto industry. Coinbase will likely come out a big winner in this and business will go forward. This dip in Bitcoin prices is temporary and is FUD.  Europe actually has given much better clarity as to regulating central crypto exchanges.

This is actually all for the good. 

 

Once the SEC is confronted in the courts with Coinbase and Binances legal positions they will have to establish clear guidelines. At present the US regulatory agencies do not have clear guidelines for these central exchange businesses. Bitcoin could and most likely will go much higher when the dust settles ( this could take a couple years in the US courts ). I'm HODL ing for awhile and looking forward to big gains later with Coinbase coming away with guidelines and being the major North American player in Central Exchange business.

 

As of now Bitcoin has bounced back some what.

Were you not aware of the SEC vs Ripple lawsuit that has been ongoing since Dec 2020? This is the gamechanger which will help or hurt crypto trading in the US.

 

If you want to bet your house, XRP is probably the best option. In percentage terms, it's gains (and losses) far exceed those of BTC.

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Posted
35 minutes ago, Neeranam said:

If you are referring to me, I stated at the time exactly what I was doing, and certainly didn't brag about anything.

yet here you are still telling everyone.....

Posted
25 minutes ago, ozimoron said:

I can't find any reference to that, can you provide a link?

Pretty sure not been announced yet

Posted
Just now, Seppius said:

Pretty sure not been announced yet

It was supposed to happen in 2020. A legion of you tubers have made hay about XRP going to $1000 by year end for years now.

Posted

Gold is on a tear (kinda, it may not last) and BTC is hibernating lately. I wonder if its a matter of which exchange can you trust with your money now?

Posted
On 6/7/2023 at 6:48 PM, scottiejohn said:

"but a few cryptos have utility which we will see come to fruition -and rot- in the next few years" in MY opinion!

Up to you as they say here but it will happen!

Posted
On 6/11/2023 at 11:05 PM, Mr Meeseeks said:

DOT was $2.70 on launch. 

No it wasn't available to normal investors. I bought it when it first came onto Binance and the price was $4.

 

I bought more at $4.29 yesterday as this has a huge upside(and very little down, IMHO), along with  15.8% interest. 

Posted
25 minutes ago, BangkokReady said:

I think "ponzi" means "Ponzi scheme".

It's really quite bizarre how some people still think Bitcoin is a ponzi, quite bizarre.

Posted
Just now, Neeranam said:

It's really quite bizarre how some people still think Bitcoin is a ponzi, quite bizarre.

It is also "really quite bizarre how some people still think Bitcoin is NOT a "Ponzi Scheme", quite bizarre!"

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Posted
10 minutes ago, scottiejohn said:

It is also "really quite bizarre how some people still think Bitcoin is NOT a "Ponzi Scheme", quite bizarre!"

Probably need to look up the definition of a ponzi scheme. This isn't it.

 

I was bearish on BTC and predicted a drop to 24,000. It got to 24,800 so I was a ways off. Now I'm bullish because of the Blackrock ETF proposal. It is still in the sell zone unless it clears 30k but if it does that 40k will be the next target.

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Posted
4 minutes ago, scottiejohn said:

It is also "really quite bizarre how some people still think Bitcoin is NOT a "Ponzi Scheme", quite bizarre!"

lol , come on dude, do you really think Bitcoin is a Ponzi, or are you trolling? 

Posted
25 minutes ago, ozimoron said:

Probably need to look up the definition of a ponzi scheme. This isn't it.

Wrong!

I believe it fits the definition well!

A Ponzi scheme is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors.

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Posted
16 minutes ago, scottiejohn said:

YES!

Well, on the off chance you are not trolling and are actually interested in crypto, what similarities does BTC have with a Ponzi scheme?

Posted
17 minutes ago, scottiejohn said:

Wrong!

I believe it fits the definition well!

A Ponzi scheme is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors.

BTC pays nothing to anybody. A ponzi scheme pays dividends.

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Posted
On 6/17/2023 at 12:56 PM, Neeranam said:

No it wasn't available to normal investors. I bought it when it first came onto Binance and the price was $4.

 

I bought more at $4.29 yesterday as this has a huge upside(and very little down, IMHO), along with  15.8% interest. 

I'm inclined to agree re DOT. I see that Robinhood are delisting ADA and SOL so that pretty much leaves DOT as the last one standing. I'll keep and eye on it. It may move slowly due to BTC dominance. It has 10x potential if it beats its last high.

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Posted
45 minutes ago, Neeranam said:

Well, on the off chance you are not trolling and are actually interested in crypto, what similarities does BTC have with a Ponzi scheme?

All of them!

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