Toxic2040
Legendary
 Offline
Activity: 1792
Merit: 4141
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November 28, 2022, 07:36:06 PM |
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the noon wall report at 11:36am ahead one third...take those combers on the bow lads see what other flotsam washes ashore this week likely to see increasing volatility imho dyor D   W  stronghands |
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El duderino_
Legendary
Offline
Activity: 2492
Merit: 11999
BTC + Crossfit, living life.
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November 28, 2022, 07:49:45 PM |
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Torque
Legendary
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Activity: 3542
Merit: 5039
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November 28, 2022, 07:56:52 PM |
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The "crypto" market's memory is exceedingly short. His points #3 and #4 are precisely why the "crypto" market will have another bull run. Because VC greed never dies. It'll be brand new companies just like FTX and BlockFi but with new names; wolves in sheep's clothing. They will find loop holes around the "securities" issue. Because scammers gonna scam, and n00bs are completely oblivious to crypto history.  We are 13 years into Bitcoin's birth, and the ONLY regulations inacted have been on poor Average Joe (i.e., KYC/AML, id and bank account required, taxes on buy, sell, and profit, etc.), NOT on the scammer exchanges and VCs. |
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ChartBuddy
Legendary
Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 28, 2022, 08:01:17 PM |
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eXPHorizon
Full Member
Offline
Activity: 1176
Merit: 132
Precision Beats Power and Timing Beats Speed.
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November 28, 2022, 08:22:33 PM |
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When you wanna get off the Ground but Gravity pulls you down. Bitcoin is no exception to the rules of Nature 
Did you know that on Mars there is a Mountain called : Mt. Olympus ? And it is the Highest mountain on Mars |
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ChartBuddy
Legendary
Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 28, 2022, 09:01:20 PM |
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slowlyslowly
Member
Offline
Activity: 82
Merit: 27
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The "crypto" market's memory is exceedingly short. His points #3 and #4 are precisely why the "crypto" market will have another bull run. Because VC greed never dies. It'll be brand new companies just like FTX and BlockFi but with new names; wolves in sheep's clothing. They will find loop holes around the "securities" issue. Because scammers gonna scam, and n00bs are completely oblivious to crypto history. We are 13 years into Bitcoin's birth, and the ONLY regulations inacted have been on poor Average Joe (i.e., KYC/AML, id and bank account required, taxes on buy, sell, and profit, etc.), NOT on the scammer exchanges and VCs. agree. bitcoin has remained the same for the whole 13 years ie as per the white paper. its mt gox and FTX that have come and gone but more like them will come and go. also bitcoin has stayed away from all the nonsense about tokens etc. It has also not over promised "benefits' or "opportunities" the way other coins have. In short there is really two worlds - bitcoin and all the rest that collectively could be called crypto - 95% which should be avoided like the plague. Sadly many people keep everything on exchanges when all you need is a wallet to protect from the greedy or incompetent exchanges. That allows exchanges to take down so many people when they crash. |
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ChartBuddy
Legendary
Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 28, 2022, 10:01:17 PM |
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Hueristic
Legendary
Offline
Activity: 3794
Merit: 4865
Doomed to see the future and unable to prevent it
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November 28, 2022, 10:35:09 PM |
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The "crypto" market's memory is exceedingly short. His points #3 and #4 are precisely why the "crypto" market will have another bull run. Because VC greed never dies. It'll be brand new companies just like FTX and BlockFi but with new names; wolves in sheep's clothing. They will find loop holes around the "securities" issue. Because scammers gonna scam, and n00bs are completely oblivious to crypto history. We are 13 years into Bitcoin's birth, and the ONLY regulations inacted have been on poor Average Joe (i.e., KYC/AML, id and bank account required, taxes on buy, sell, and profit, etc.), NOT on the scammer exchanges and VCs. In the old days I'd just put "QFT" here but with the new mangled system I'd just merit without a quote but I think the dude has you covered.  |
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goldkingcoiner
Legendary
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Activity: 2030
Merit: 1646
Verified Bitcoin Hodler
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November 28, 2022, 10:36:58 PM |
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Indeed a good read. A bit sad because I think a lot of people are going to be disappointed for not having bought Bitcoin instead. Well, live and learn. |
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Hueristic
Legendary
Offline
Activity: 3794
Merit: 4865
Doomed to see the future and unable to prevent it
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Indeed a good read. A bit sad because I think a lot of people are going to be disappointed for not having bought Bitcoin instead. Well, live and learn. Some people just need to learn the hard way. |
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ChartBuddy
Legendary
Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 28, 2022, 11:01:16 PM |
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HI-TEC99
Legendary
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Activity: 2772
Merit: 2846
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November 28, 2022, 11:06:22 PM |
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Indeed a good read. A bit sad because I think a lot of people are going to be disappointed for not having bought Bitcoin instead. Well, live and learn. Some people just need to learn the hard way.  |
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Biodom
Legendary
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Activity: 3738
Merit: 3844
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November 28, 2022, 11:18:03 PM |
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He is mostly right, although I don't believe that US-based VCs would not invest offshore IF SEC put screws on "crypto" in US. It is very easy for them to spawn a subsidiary on some island and proceed from there. BTW, Fidelity already opened up some beta site for retail investment in something they call "bitcoin", but, apparently, you cannot withdraw such 'bitcoin", lol. Fake bitcoin would be the next "thing" among banks, me thinks. |
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ChartBuddy
Legendary
Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 29, 2022, 12:01:20 AM |
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ChartBuddy
Legendary
Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 29, 2022, 01:01:17 AM |
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philipma1957
Legendary
Offline
Activity: 4102
Merit: 7764
'The right to privacy matters'
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November 29, 2022, 01:18:21 AM |
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blocked again
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BitcoinBunny
Legendary
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Activity: 1442
Merit: 2486
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November 29, 2022, 01:28:39 AM |
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Christmas at 54. Not bad.  |
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Hueristic
Legendary
Offline
Activity: 3794
Merit: 4865
Doomed to see the future and unable to prevent it
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November 29, 2022, 01:33:15 AM Merited by BobLawblaw (2) |
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Christmas at 54. Not bad. I'd do her but looks like the definition of high maintenance to me. |
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newbtc101
Jr. Member
Offline
Activity: 45
Merit: 17
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He is mostly right, although I don't believe that US-based VCs would not invest offshore IF SEC put screws on "crypto" in US. It is very easy for them to spawn a subsidiary on some island and proceed from there. BTW, Fidelity already opened up some beta site for retail investment in something they call "bitcoin", but, apparently, you cannot withdraw such 'bitcoin", lol. Fake bitcoin would be the next "thing" among banks, me thinks. I read that twitter story by Mark Moss and I should apologize in advance if my questions are way too newbish... I am very new to crypto I invested in btc and some altcoins and I really believe that btc is the future. While this Mark's does make sense to me, I have had some questions though... If SEC could be so tough to declare all crypto except btc as a security why they have not won that battle against XRP for such a long time? Since SEC is a regulating authority, shouldn't it its decisions be approved by both senate and congress before going public which seems hard to me since they belong to two different parties now? What about btc forks (I know most of them is a total crap) - how would SEC decide which of them is a security and which not? On a larger scale - all real POW projects - how to spot a security vs non-security. It just seems to me very time consuming job for SEC given that lengthy battle against XRP... My personal take on this (I could be wrong of course) that just an announcement that SEC starts its review whether all crypto is a security will likely put entire crypto market into a lengthy bearish season... Any insights would be appreciated.... PS I also anticipate a bunch of lawyers from large crypto projects suing SEC obviously they dont want to loose their money because of SEC |
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