Hueristic
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Doomed to see the future and unable to prevent it
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February 12, 2020, 11:53:54 AM |
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Powell didn't say anything about Bitcoin or Monero, and I don't think you can extrapolate from his statement any implied support for such coins. Powell wasn't talking about decentralized, p2p crypto. He was talking about China's proposed issuance of a state-controlled virtual currency. Powell thinks a transparent blockchain is in keeping with the way China does things, where the government is up everyone's ass and wants to control your very thoughts. He doesn't think the U.S. is like that. But the implication is not that Powell supports a decentralized, censorship-resistant coin like Monero. I think he probably supports a ledger controlled by a central actor like the Fed or the US government, a ledger with some degree of privacy and fungibility. But the privacy and fungibility you would get with a FedCoin is probably no better than the privacy and fungibility you have in your bank account today. That doesn't matter, what matters is that he is making our argument for us and we can always point that out in the future. Its called precedent and he is laying the foundation whether he intended to or not.
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“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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Bassica
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 12, 2020, 01:55:51 PM |
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How's fluffy progressing with that law firm for that listing guidance?
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Febo
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February 12, 2020, 02:01:16 PM |
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Powell didn't say anything about Bitcoin or Monero, and I don't think you can extrapolate from his statement any implied support for such coins. Powell wasn't talking about decentralized, p2p crypto. He was talking about China's proposed issuance of a state-controlled virtual currency. Powell thinks a transparent blockchain is in keeping with the way China does things, where the government is up everyone's ass and wants to control your very thoughts. He doesn't think the U.S. is like that. But the implication is not that Powell supports a decentralized, censorship-resistant coin like Monero. I think he probably supports a ledger controlled by a central actor like the Fed or the US government, a ledger with some degree of privacy and fungibility. But the privacy and fungibility you would get with a FedCoin is probably no better than the privacy and fungibility you have in your bank account today. He believes that how Monero as it is today is more appropriate for USA then Bitcoin. Nope he did not mention any cryptocurrency, but he mentioned that transparent ledger coins are inappropriate for the culture/society he lives in. How's fluffy progressing with that law firm for that listing guidance?
If for so many even FED chairman statements cant stop FUD about how inappropriate are opaque ledger cryptocurrencies then I would not put that much hope in some legal opinion.
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Febo
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 12, 2020, 02:35:20 PM Last edit: February 12, 2020, 05:35:36 PM by Febo |
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Also for those that did not noticed. 617 days after BTC/XMR death cross was made, the golden cross appears. Now just imagine what lays ahead of us ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.redd.it%2Frj6flci2sdg41.png&t=665&c=ndzSvcQgjNX1LA)
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tokeweed
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Life, Love and Laughter...
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February 12, 2020, 03:20:44 PM Last edit: February 12, 2020, 03:34:26 PM by tokeweed |
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Don't know about that... It sounds more like: 'Yo listen. I bought a bunch of privacy centric coins. It's the s**t and I'm gonna shill the s**t out of it (which is good).'. But subtle. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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kurious
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February 12, 2020, 06:08:14 PM |
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Hey, is it only Bitcoin that gets Vegeta memes? Monero just popped over 900,000 sats!
EDIT: And if you calibrate in USD, we're over $90.00 too.
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我想要火箭和火车
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Globb0
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Activity: 2674
Merit: 2053
Free spirit
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 12, 2020, 08:06:17 PM |
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Broken through that resistance level. looking great. I miss 3.5 of course so im still not too excited. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F2MIIip4.jpg&t=665&c=BB8o79aj5aTwQw)
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Bitcoinaire
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 12, 2020, 09:06:47 PM |
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Retail hasn't entered yet and won't until bitcoin breaks its old ATH and we're just getting started!
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rinus
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 12, 2020, 09:44:14 PM |
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Any speculation on how high the price will be within a month from now? I think 150 usd ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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kurious
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 12, 2020, 10:59:42 PM |
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This is odd, BTC hasn't broken this channel (and doesn't look like it will). Monero... just did. I think Bitcoin could dip, but Monero seems to want to push forward on its own, regardless. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FKItQEz7.png&t=665&c=Fbz_3MzJV3V8Pw) Got the right picture this time, nearly posted a car pick as TA...
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我想要火箭和火车
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kurious
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 12, 2020, 11:15:51 PM |
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Any speculation on how high the price will be within a month from now? I think 150 usd ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Depends on Bitcoin. If BTC breaks above the 2019 high, $150 might not be difficult. Add a couple of weeks - and in a month and a half the pre-halving 'buy the rumour' spike should be kicking in. So if not in a month, maybe a little later it's on. Either way, gut feeling is BTC needs to properly break $13,800. If it does, a $150 Monero is likely. BTC will probably drop after halving date, but will have proved smashing of any bear power. If it has broken the £13,800, then from then on (in theory) we just sit tight and watch the inexorable rise up into the 2021 big new BTC ATH, with Monero popping along for the ride. Just my gut feeling, but hey it is a speculation thread...
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我想要火箭和火车
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jwinterm
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February 13, 2020, 12:28:02 AM Last edit: February 13, 2020, 02:52:57 PM by jwinterm |
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Globb0
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Merit: 2053
Free spirit
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 13, 2020, 09:49:44 AM |
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rising support levels, higher lows ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FrJF0Lj4.jpg&t=665&c=vRxyJhDSg9aUfg)
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Bitcoinaire
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 13, 2020, 02:22:52 PM |
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Suppose bitcoin peaks with its ATH in 2021, what is monero looking like? I see it easily crossing $1,000.
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Febo
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February 13, 2020, 03:54:31 PM |
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Suppose bitcoin peaks with its ATH in 2021, what is monero looking like? I see it easily crossing $1,000.
That is only x3 of the last ATH. Monero 2021/2022 ATH should be closer to $10000 then to $1000. Hopefully the bottom in 2023 will be above $1000.
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phishead
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 14, 2020, 12:31:46 AM |
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That is only x3 of the last ATH. Monero 2021/2022 ATH should be closer to $10000 then to $1000. Hopefully the bottom in 2023 will be above $1000.
That just gave me a speculation erection.
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Globb0
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Free spirit
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 14, 2020, 08:58:07 AM |
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Testing the resistance ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FOHdaBJy.jpg&t=665&c=L4ROzSX8pKwaZw)
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Globb0
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Free spirit
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 14, 2020, 04:00:23 PM |
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Blasting through the resistance weeeeeeeeeeeee ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F8YzGpTy.jpg&t=665&c=6C2Vm2L2c_c7Fg)
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tokeweed
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Life, Love and Laughter...
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 14, 2020, 04:13:07 PM |
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^ Yep... It's looking really good! Just a few more notches up and I'll finally break even... I hope that 'these go to 11.'. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Globb0
Legendary
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Merit: 2053
Free spirit
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February 14, 2020, 04:40:38 PM |
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Im turning into chart buddy
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