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Those wondering about the impact of BAKKT on the market, needs to realize something else.
It's not the fact that they are going live within days. It's completely the relative timing.
They could have gone live over a year ago. The tech was already in place and working behind closed doors.
But they didn't. They delayed it.
So ask yourself: Why go live now? Why not a year ago? Or why not kick the can for another year?
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BAAKT will be exactly how the richy-rich whales, very discretely and very quietly, drain the float on every major exchange.
It may take some time.
But then after that, watch out.
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Seems quite bullish on here today & also a general air of positivity on Twitter when you search ‘bitcoin’.
Could we be set to start moving upwards soon?
Soon TM |
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 Yeah but...bbut...how much "fighting" are we talking about here? Is he going to place tariffs on crypto transactions too? Lol It's called tax. Or even worse he could ban it... In America it would not be strange to put some absurd sentence on it like the death penalty.... America is a crazy country.... With a crazy leader.... Be careful what you wish for.... Trump would call it: "a zero tolerance policy." hahahahahaha You mean like when Trump tweeted "Our great American companies are hearby ORDERED to IMMEDIATELY start looking for an alternative to China"... and all the tech company CEOS collectively laughed, shrugged, and went about business as usual? Lol |
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Yeah but...bbut...how much "fighting" are we talking about here? Is he going to place tariffs on crypto transactions too? Lol |
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3. The way they truly get you is by taxing gains, but allowing only $3000 per year in losses. This way, you could be in a situation where you pay large gains one year, but are allowed only limited recourse (3K) when you have a large loss. I find this very unfair.
Yes, but any losses that exceed $3K you can roll over YoY. |
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2013, Max Keiser: "I'm going to launch MaxCoin, a much much better version of Bitcoin. It's going to be huge. It will likely eclipse Bitcoin in market cap. No it's not a shitcoin." |
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My bank continues to crack down on me. Just got a call that I can't withdraw my money from kraken to my bank account anymore.
As annoying as this is, it's also good news. If they didn't think bitcoin mattered they wouldn't bother. I'll just have to do all my business in person, maybe use the occasional atm.
Easy solution: stop using banks. Looks like that will have to happen. If I can start buying plane tickets with bitcoin then at this point all I need them for is to pay my cell phone bill. And my family can handle that from another account. Is there a Bitcoin-backed debit Visa card you can use for those type of expenses? Like the Shift card that Coinbase once had? |
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bbc.reporter, is it some kind of inside joke that you never get the fucking photo right of the guy you are supposedly referring to?  And yes, Peter Schiff will never live this one down when it comes to pass Bitcoin @ 50K. |
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Fuck you Dutch - give us Greenland*
*Half-joking
Haha Trump what a guy, delay the meeting with Denmark cause of......  He makes it hard to defend him sometimes. TBH I'd vote for him again just for the comedic value, if nothing else. One day he 's gonna put all stand-up comedians for shit! Well in that case can we just get Dave Chappelle in office then? At this point I think he could do a better job, and he's waaayyy funnier. |
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Does anybody have a clue wtf is this?  Source: https://bitinfocharts.com/bitcoin/There are almost 25million bitcoins transacted in the last 24 hours. That's bigger than the all circulating coin supply. Someone with 1k btc needs to make 25k transactions in 24 hours to make this possible. Bitcoins sent avg. per hour (last 24h) 1,034,709 BTC ($10,360,163,019 USD) The question is, Wtf? Anyone? Likely wash trading? Or the tracker is off with bogus data |
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PSA: Always believe the MSM, because their message is always consistent. Lol.
“The underlying consumer is doing well and making more money. More importantly, they’re spending more money,” Bank of America CEO Moynihan tells CNBC.
vs.
“What no one seems to talk about is the underlying fundamentals behind the consumer are actually deteriorating before our very eyes,” the firm’s chief economist and strategist said Tuesday on CNBC’s “Futures Now. ”
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Embrace Bitcoin.
Run away from shitcoins.
That is all.
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People like Martin Armstrong claim the govt is going to go ballistic trying to shakedown citizens for huge taxes and steal all their money in nefarious ways. That's complete nonsense. The common citizen has zero money to steal. You can't get blood from a stone. Their only option is for the govt to raid billionaires at places like Apple, Google, and Amazon because they accumulated all the money, but it will never happen because they're connected and have their money offshore anyway. So print to Zimbabwe it is (or go back to metals as money because this is the end).
Actually they're already doing it, but not through higher taxes. It's by forcing higher debt and higher cost on to citizens by raising the price of everything they have to have, while keeping wages flat. College education up 3X in 10 years. House prices up 2-3X in 10 years. Car prices up 2X in 10 years. Smart phones up 5X in 10 years. Health Insurance up 3X in 10 years. Gas prices rising again. Electricity, natural gas doubled in 10 years. All while wages are stagnant or falling over the same period. The only thing they've managed to keep a lid on somewhat is food prices, because food is not based on long term debt that they can get interest from (ie., no one goes out and gets a long term loan for food). Margins on food is minuscule. Also food has a breaking point where you can't raise prices beyond (people will just grow it locally if it becomes too expensive). People need to wake up! When equities, real estate, collectibles, cars, smart phones, energy, insurance, PMs, Bitcoin are all up higher and higher YoY at the same time wages are going south, economies are crumbling, retail is crumbling, and we have mass layoffs, it means that we are in a fkn melt up! Slow road to hyper inflation. How soon until it picks up speed? |
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I'd like to see any of these shitcoin lovers that come and grace this thread, answer this one question:
If Bitcoin functions securely, has the most and widest user/broker/exchange/merchant/miner support, and does everything it needs to do for both e-commerce transactions and SoV, why look elsewhere for anything else?
If you can't answer honestly without throwing in " 'cause speculation reasons", then you are full of shit. Because outside of that, trying to get rich on a flyer or something, you'd have no valid reason.
Horrible privacy, Horrible scaling at the first layer, unreliable for microtransactions...etc, and now toxic community that has cult-like features. Beam is everything that Bitcoin is not that is why I say it is not a zero-sum game. Also, ain't no one telling me about how is the code is great, I worked for a company that basically made shitcoins for other companies (private blockchains), it is so much insulting to hear about how much talent Bitcoin devs have, other industries have thousands of better-talented people that you can't even start comparing.. I cringe so hard every time I hear this especially because most of the time it comes from noobs who have no idea. I love how you shitcoiners are always jumping ship. I thought it was Grin or some shit that was "bestest". So Beam is the shitcoin du jour this month? What'll it be next week, or month? Another new shitcoin? I guess there's always a new "bestest shitcoin" right around the corner. Make sure you catch the pump tho, and then dump it. No reason to support it for years, or even decades.  |
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I'd like to see any of these shitcoin lovers that come and grace this thread, answer this one question:
If Bitcoin functions securely, has the most and widest user/broker/exchange/merchant/miner support, and does everything it needs to do for both e-commerce transactions and SoV, why look elsewhere for anything else?
If you can't answer honestly without throwing in " 'cause speculation reasons", then you are full of shit. Because outside of that, trying to get rich on a flyer or something, you'd have no valid reason.
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