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ยป MISC Crypto Crew (MCC) Vol: XIV: Scaling troubles and NFT bubbles
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post 1647603963 09-23-2021, 06:56 AM
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#7081
  1. JoshSP1985
  2. Anti-Circumcision
  1. JoshSP1985
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Originally Posted By Evantus
The age of the boomers is expiring. Let them clench their stockmarkets. We are coming up , rising from the ashes like beautiful Phoenix as they have screwed us over so badly with hyper immigration and inflation. Lots of cuts for young families in exchange for keeping their nests padded as they age. F them. Their time is up. Make way rude over pampered obnoxious scum. Go back to your smokes wine and slot machines and Abba.
Yep at this point what else are you going to park money in? Only two options are buy tangible assets like realestate/land or crypto
*PUREBLOOD CREW*
*DAD CREW*
*SUPER STRAIGHT*
*NATURAL DICK CREW*
*CCW*
post 1647618293 09-23-2021, 10:29 AM
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#7082
  1. ghostfacedup
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  1. ghostfacedup
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Originally Posted By JoshSP1985
Yep at this point what else are you going to park money in? Only two options are buy tangible assets like realestate/land or crypto
yup and hardly anyone can afford real estate anymore. Plus if you rent out real estate you have to deal with tenants and the gov't making it harder to be a landlord, no one wants to deal with that.
post 1647619863 09-23-2021, 11:03 AM
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#7083
  1. kusok
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  1. kusok
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Where is that Twitter pic showing Bitcoin vs Tesla vs gold vs other typical investments over the last decade?
post 1647621573 09-23-2021, 11:39 AM
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#7084
  1. entropy91
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  1. entropy91
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Originally Posted By Evantus
The age of the boomers is expiring. Let them clench their stockmarkets. We are coming up , rising from the ashes like beautiful Phoenix as they have screwed us over so badly with hyper immigration and inflation. Lots of cuts for young families in exchange for keeping their nests padded as they age. F them. Their time is up. Make way rude over pampered obnoxious scum. Go back to your smokes wine and slot machines and Abba.
I don't see the stock market going anywhere any time soon. Although the way it operates may start to change.
post 1647626133 09-23-2021, 12:53 PM
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#7085
  1. JoshSP1985
  2. Anti-Circumcision
  1. JoshSP1985
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Does anyone else have suggestions for low market cap coins that are pre-exchange similar to LYXE that they would recommend?
*PUREBLOOD CREW*
*DAD CREW*
*SUPER STRAIGHT*
*NATURAL DICK CREW*
*CCW*
post 1647626153 09-23-2021, 12:54 PM
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#7086
  1. JoshSP1985
  2. Anti-Circumcision
  1. JoshSP1985
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Originally Posted By entropy91
I don't see the stock market going anywhere any time soon. Although the way it operates may start to change.
Be interesting to see if some of these blockchain companies end up going public and exist in both worlds
*PUREBLOOD CREW*
*DAD CREW*
*SUPER STRAIGHT*
*NATURAL DICK CREW*
*CCW*
post 1647673753 09-24-2021, 06:51 AM
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#7087
  1. W1LLW
  2. Enlightened Miscer
  1. W1LLW
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I do really wonder what event (if any) would cause BTC to untether from Spy


Kobe Forever
Black Crew
Bucks N 6
post 1647687083 09-24-2021, 10:28 AM
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#7088
  1. entropy91
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  1. entropy91
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China bans Bitcoin......again
post 1647687763 09-24-2021, 10:38 AM
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#7089
  1. MiamiLife305
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  1. MiamiLife305
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Originally Posted By entropy91
China bans Bitcoin......again
lol'ed when I saw the news

its like the 5th time they do this

easiest fuking money ever

"hai guise we r banning bitcoin ok?"

*buys millions of bitcoin*

prices rebound

*profit*
Future P.A in progress
We're all gonna make it

sleep tight pupper
post 1647689773 09-24-2021, 11:07 AM
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#7090
  1. entropy91
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  1. entropy91
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Originally Posted By MiamiLife305
lol'ed when I saw the news

its like the 5th time they do this

easiest fuking money ever

"hai guise we r banning bitcoin ok?"

*buys millions of bitcoin*

prices rebound

*profit*
It's literally already priced in. Second spill for a higher low acquired. Moon time.

Twitter using strike API
More institutional accumulation:
https://mobile.twitter.com/WClemente...18909722513408
Nations accepting Bitcoin as muh legal tender
Supply shock


Fawking send it boys
post 1647689983 09-24-2021, 11:10 AM
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#7091
  1. 2020Wellness
  2. Author/Trainer
  1. 2020Wellness
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Originally Posted By MiamiLife305
lol'ed when I saw the news

its like the 5th time they do this

easiest fuking money ever

"hai guise we r banning bitcoin ok?"

*buys millions of bitcoin*

prices rebound

*profit*
Has China actually made any crypto exchange illegal before? Looks like that's where it's at now. People over there are going to be afraid to do anything, including sell.
trainingwithryan.substack.com
post 1647692023 09-24-2021, 11:36 AM
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#7092
  1. W1LLW
  2. Enlightened Miscer
  1. W1LLW
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Makes yah wanna load up on Gas and Neo bags just like the old days don't it? lulz.

What's everyone's portfolio looking like? I'm 50% QNT, 20% LCX, 20% METIS, 10% cash/cro stake for card benefits.
Kobe Forever
Black Crew
Bucks N 6
post 1647692513 09-24-2021, 11:43 AM
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#7093
  1. kusok
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  1. kusok
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Originally Posted By W1LLW
Makes yah wanna load up on Gas and Neo bags just like the old days don't it? lulz.

What's everyone's portfolio looking like? I'm 50% QNT, 20% LCX, 20% METIS, 10% cash/cro stake for card benefits.
My Crypto is 30% each of the main 3: Bitcoin, eth, sol. The rest is smaller stuff like polygon matic, atom, algo.
post 1647693033 09-24-2021, 11:49 AM
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#7094
  1. W1LLW
  2. Enlightened Miscer
  1. W1LLW
  2. Enlightened Miscer
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Originally Posted By kusok
My Crypto is 30% each of the main 3: Bitcoin, eth, sol. The rest is smaller stuff like polygon matic, atom, algo.
No hate whatsoever because i think it's cringe when guys get in arguments about what they're holding (cause who fuking cares it's not your money) BUT just lol at already referring to Solana "as one of the main 3" even though it has like 30 days of validity, while BTC/ETH been the main runners since 2012 coinbase.
Kobe Forever
Black Crew
Bucks N 6
post 1647693063 09-24-2021, 11:49 AM
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#7095
  1. kusok
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  1. kusok
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I wish China keeps banning crypto, kinda like mods keep banning wincel. About 7โ€™000 times over and over. I like making hundreds of bucks on those dips. Helps pay the bills.

- negative news about Bitcoin comes out
- panicsels sell
- we buy the dip
- 24 hours later we profit
- negative news about Bitcoin comes out
- panicsels sell
- we buy the dip
Etc.
post 1647693363 09-24-2021, 11:52 AM
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#7096
  1. kusok
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  1. kusok
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Originally Posted By W1LLW
No hate whatsoever because i think it's cringe when guys get in arguments about what they're holding (cause who fuking cares it's not your money) BUT just lol at already referring to Solana "as one of the main 3" even though it has like 60 days of validity, while BTC/ETH been the main runners since 2012 coinbase.
Sol is big to me, damn it!!

Man crying in the high school gymnasium stands about pro wrestling/gif.

Hodling until sol $500

Inb4 sol is at $8
post 1647693443 09-24-2021, 11:53 AM
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#7097
  1. sf813
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  1. sf813
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Originally Posted By W1LLW
Makes yah wanna load up on Gas and Neo bags just like the old days don't it? lulz.

What's everyone's portfolio looking like? I'm 50% QNT, 20% LCX, 20% METIS, 10% cash/cro stake for card benefits.
I'm more into alt coins so my portfolio is

40% algo, 20% luna, 7.5% dot, 7.5% atom, 5% ftm, 5% mtv, 5% avax, 5% one, and remaining in some odd ones like rose and xpr
post 1647693873 09-24-2021, 11:59 AM
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#7098
  1. entropy91
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  1. entropy91
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Originally Posted By 2020Wellness
Has China actually made any crypto exchange illegal before? Looks like that's where it's at now. People over there are going to be afraid to do anything, including sell.
The bubble reason for Chinaโ€™s dislike of crypto is concern about capital flight. It is significant that China closed down the exchanges and moved to block Chinese access to overseas exchanges and wallets in the autumn of 2017. This was not long after China suffered significant capital flight and saw its foreign exchange reserves decline. Financial bureaucracies stepped in that year with their own plans to control networks.
https://www.google.com/amp/s/www.for...-industry/amp/




https://www.ft.com/content/31f7edf7-...3-061532f8db5f

LOL
The Peopleโ€™s Bank of China and other government agencies targeted overseas cryptocurrency exchanges specifically on Friday, declaring that it was illegal for them to provide online services to residents in China.

The move was an apparent bid to close a loophole that remained after the PBoC, Chinaโ€™s central bank, in May banned domestic financial institutions from providing cryptocurrency transaction services.
Literally recycled 2017 news
post 1647694733 09-24-2021, 12:12 PM
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#7099
  1. Mogambo
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Governments can only control the fiat-crypto and vice versa transactions through its banking system.

Other than that, unless I'm missing something, it cannot 'ban' bitcoin. Maybe North Korea can...

It's why governments have moved slowly to control cryptocurrencies. The more regulations they try and put on this space, and it becomes evident there's little they can do in terms of effecting p2p transactions, the less leverage they have moving forward.

That's been my belief anyway. The bottleneck has always been the fiat on/off ramp. The US regulatory bodies have been operating with 0 guidance from the legislative branch. It's why the SECs and its ilk are constantly spreading fud via statements. That's the only tool they have at this point.

The more regulatory agencies try and put the squeeze on cryptos and the more evident it gets that there's little they can do besides fiat oversight, the more bullish cryptos get in my book.
post 1647696563 09-24-2021, 12:40 PM
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#7100
  1. entropy91
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  1. entropy91
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Originally Posted By Mogambo
Governments can only control the fiat-crypto and vice versa transactions through its banking system.

Other than that, unless I'm missing something, it cannot 'ban' bitcoin. Maybe North Korea can...

It's why governments have moved slowly to control cryptocurrencies. The more regulations they try and put on this space, and it becomes evident there's little they can do in terms of effecting p2p transactions, the less leverage they have moving forward.

That's been my belief anyway. The bottleneck has always been the fiat on/off ramp. The US regulatory bodies have been operating with 0 guidance from the legislative branch. It's why the SECs and its ilk are constantly spreading fud via statements. That's the only tool they have at this point.

The more regulatory agencies try and put the squeeze on cryptos and the more evident it gets that there's little they can do besides fiat oversight, the more bullish cryptos get in my book.
Not to mention more and more countries accepting it. More and more stores accepting it. Can also just chill in a stablecoin.

I have zero doubt China is stacking Bitcoin.
post 1647697453 09-24-2021, 12:54 PM
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#7101
  1. Mogambo
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If anything, the way China has dealt with cryptocurrencies should make it evident how difficult it is to control it. China is as strict as it gets when it comes to monetary policies. It's been the biggest criticism from the US (besides intellectual property violations). China manipulates tf out of the yuan.

You don't think it bothered them to see its citizens flocking to cryptocurrencies? Mining tf out of BTC and gambling tf out of ****coins. If they could China would most definitely have made cryptocurrencies obsolete in the country.
post 1647697823 09-24-2021, 01:00 PM
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#7102
  1. Mogambo
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Originally Posted By entropy91
Not to mention more and more countries accepting it. More and more stores accepting it. Can also just chill in a stablecoin.

I have zero doubt China is stacking Bitcoin.
There is a well deserved fear of adopting non-traditional banking policies.

IIRC there are like a handful of countries that don't abide by the illuminati banking system. One of them was Libya and we know what happened to Ghadafi. North Korea is another.

While it's great to see countries adopt cryptocurrencies I'd be shocked to see it widespread. Even for countries suffering from hyperinflation, one would like to think that they have nothing to lose from ditching an economic system that has them in endless debt but I'm sure there are bunch of barriers to that....brb no food aid for you
post 1647698163 09-24-2021, 01:04 PM
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#7103
  1. W1LLW
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Originally Posted By Mogambo
but I'm sure there are bunch of barriers to that....brb no food aid for you
how dare you find a loophole in our financial enslavement system!
Kobe Forever
Black Crew
Bucks N 6
post 1647718863 09-24-2021, 06:48 PM
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#7104
  1. entropy91
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  1. entropy91
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Sold half my REN stack.

Can't resist the juicy profits
post 1647720083 09-24-2021, 07:11 PM
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#7105
  1. Evantus
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Sorry for offending any good boomers on the board, I'm just really hating how they screwed next generations over with red tape and foregn investments, literally selling out the west to China. Also for propagating the destruction of good moral values in society.
post 1647720333 09-24-2021, 07:16 PM
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#7106
  1. LtGoose
  1. LtGoose
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post 1647721113 09-24-2021, 07:29 PM
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#7107
  1. entropy91
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  1. entropy91
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Originally Posted By LtGoose
My currency isn't able to hyperinflated by a handful of boomer juice

Brutal.
post 1647723183 09-24-2021, 08:08 PM
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#7108
  1. Mogambo
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The inability for non-tech savvy people to utilize cryptocurrencies is most definitely a huge barrier for mainstream adoption.

I've been buying up some GPUs via craigslist and fb. I would much rather pay in crypto but like 1/10 people will accept. And these are clearly tech savvy folk.

I'm curious about why people in this demo, tech savvy, would be reluctant to deal in crypto. Possible reasons I think:
It's a hassle in terms of the actual logistical transaction, brb stand awkwardly while transaction processes.
Don't want to do deal with crypto-fiat conversion.
The real reason I think they don't want to take crypto is that they don't believe it will hold its value. Like they don't want to end up losing money on the transaction. It doesn't make any sense considering the asset's appreciation but skepticism abides...even in people that should know better.
post 1647723323 09-24-2021, 08:09 PM
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#7109
  1. Mogambo
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Q4 is going to be historical broskis. I feel it.
post 1647727013 09-24-2021, 09:14 PM
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#7110
  1. entropy91
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  1. entropy91
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Originally Posted By Mogambo
Q4 is going to be historical broskis. I feel it.
The noCoiner tears will be intoxicating.
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