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Bitcoin, Cryptocurrency, Blockchain, and You: Navigating the Future of Tech (a NeoGAF discussion thread)

Venom Snake

Venom Snake

Member
DadEggs said:
We should get a mod to update this to be a crypto OT, maybe put it in the communities section.


Also, what are americans doing in regards to their eth? Are you going to diamond hands through to the other side of regulations and hope it gets relisted? Do you plan to sell/trade it before its declared a security once it goes 100% pos with shanghai? Or going to ride it through shanghai and put it on a dex later on once it gets delisted?
Click to expand...


It is unlikely that ETH will be declared as a security. The SEC can't do shit.
 
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chlorate

chlorate

Member
It seems pretty indisputable to me that most cryptos, including BTC, are securities, but the courts have been very harsh on federal regulatory agencies as of late.
 
DownLikeBCPowder

DownLikeBCPowder

Member
chlorate said:
It seems pretty indisputable to me that most cryptos, including BTC, are securities, but the courts have been very harsh on federal regulatory agencies as of late.
Click to expand...
The legislation situation in the United States is terrible. Some states are at least encouraging it but all that's going to end up happening as we will be left behind as capital and capable individuals flee to more benevolent legal jurisdictions. It sucks.
 
HoodWinked

HoodWinked

Member
Bitcoin rally pretty hard last couple days

gbC3fFN.png
 
Venom Snake

Venom Snake

Member
b0uncyfr0 said:
200 is crazy. Id say 135k at the highest.
Click to expand...

I wouldn't mind 135k to be honest.
What i wonder is whether the maximum price before the halving will be treated as the first top of two, or will history repeat itself and there will be another one in a year and a half from now? There are different narratives circulating around that topic.

I would prefer the latter scenario, because i don't feel comfortable selling half of my portfolio at the beginning or middle of a bull run. With players such as Blackrock in the picture, the post-halving crash may not take long enough to catch the dip before it rebounds pretty damn hard.

So if the bull market ends this year... God please make it 150k 🙏
 
b0uncyfr0

b0uncyfr0

Member
Frankly, i'm not bothered. There are too many risks associated with selling imo. Especially if you're trying to stack more BTC.

Sure, you could buy back cheaper but with the ETF's and new inflows - we could stay around the 100 mark. Noone knows yet.

Personally, I dont need the money, therefore im not selling a single sat until its around 500K.
 
DownLikeBCPowder

DownLikeBCPowder

Member
Tiago Rodrigues said:
Every time i think its “too late” to buy bitcoin im surprised at how high it goes. Ill never say “it’s peaking any minute now” regarding this one lmao
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It might be close to peak for now (or it could run another 50%, or more, or not), but BTC will certainly be measured in terms of millions of dollars, not thousands.
 
CompleteGlobalSaturation

CompleteGlobalSaturation

Member
Dorfdad said:
its peak for now. I want to buy in more but not at 100k a coin. Need it to drop back to 60's for a day lol so I can get more!
Click to expand...
I've missed all the crypto hype but if it hits 60k I will happily buy one whole BTC - which is likely nothing compared to the tons of people who have multiple bitcoins!
 
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pel1300

pel1300

Member
No one here DCA's bitcoin as a longterm asset?

Judging by comments ITT seems most here like to just time the market, buy it when it dips, sell when high, rinse repeat?

Most of the bitcoin enthusiasts I've been listening to encourage just buying it regularly (ie every month or every week) with any extra cash you don't need in the next 4 years, while ignoring the price fluctuations. And they also say to not sell it - just hold onto it not matter what.
 
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HoodWinked

HoodWinked

Member
ya don't do this. they paid $800k in fees to send $13,000. Appears to have been some kind of a crypto swap gone wrong. Fees end up going to miners.



Transact link:
mempool.space

The Mempool Open Source Project®

Explore the full Bitcoin ecosystem with The Mempool Open Source Project®. See the real-time status of your transactions, get network info, and more.
mempool.space mempool.space
 
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Miyazaki’s Slave

Miyazaki’s Slave

Gold Member
HoodWinked said:
ya don't do this. they paid $800k in fees to send $13,000. Appears to have been some kind of a crypto swap gone wrong. Fees end up going to miners.



Transact link:
mempool.space

The Mempool Open Source Project®

Explore the full Bitcoin ecosystem with The Mempool Open Source Project®. See the real-time status of your transactions, get network info, and more.
mempool.space mempool.space
Click to expand...

Sitting on eth and the gas prices seem wonky as well...but I have never sold only mined/staked.

I am far too uneducated about the process to cash some out for a $10,000,000,000 pizza
 
DownLikeBCPowder

DownLikeBCPowder

Member
pel1300 said:
No one here DCA's bitcoin as a longterm asset?

Judging by comments ITT seems most here like to just time the market, buy it when it dips, sell when high, rinse repeat?

Most of the bitcoin enthusiasts I've been listening to encourage just buying it regularly (ie every month or every week) with any extra cash you don't need in the next 4 years, while ignoring the price fluctuations. And they also say to not sell it - just hold onto it not matter what.
Click to expand...
Been encouraging it for 12 years! I'm an evangelist. :messenger_grinning_smiling: Every year I hear "it topped out". No vision.
 
Herbspiceguy

Herbspiceguy

Member
DownLikeBCPowder said:
Been encouraging it for 12 years! I'm an evangelist. :messenger_grinning_smiling: Every year I hear "it topped out". No vision.
Click to expand...

I'm in the same boat, 'hodler' since 2017 and have been converting some of my savings to BTC on a regular basis.

It's great to see the current value of this investment and it's been a valuable learning experience having gone through several bear markets without any panic selling. I just suck at cashing at the right time/ATH and I feel like I might have missed the boat again. Ah, well, up to the next bullrun I guess.
 
DownLikeBCPowder

DownLikeBCPowder

Member
Herbspiceguy said:
I'm in the same boat, 'hodler' since 2017 and have been converting some of my savings to BTC on a regular basis.

It's great to see the current value of this investment and it's been a valuable learning experience having gone through several bear markets without any panic selling. I just suck at cashing at the right time/ATH and I feel like I might have missed the boat again. Ah, well, up to the next bullrun I guess.
Click to expand...
Yes, no rush. Once the sovereign entities announce acquisition (either pre-existing or intent), it will explode like few can believe.
 
DownLikeBCPowder

DownLikeBCPowder

Member
Ironbunny said:
Think how it must feel. From life sentence to free. The podcasts with him are going to be epic.
Click to expand...


Ulbricht posting to Twitter after release, thanking everyone who made efforts of this past decade+. :messenger_fire: Understandably going dark for a bit, but can't wait to hear what he has to say once he's ready!





Now Trump.. can we get an Assange and Snowden pardon off my Bingo card? Pretty pleeeaseee..
 
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Hardensoul

Hardensoul

Member
DownLikeBCPowder said:
Ulbricht posting to Twitter after release, thanking everyone who made efforts of this past decade+. :messenger_fire: Understandably going dark for a bit, but can't wait to hear what he has to say once he's ready!





Now Trump.. can we get an Assange and Snowden pardon off my Bingo card? Pretty pleeeaseee..
Click to expand...

Yes, with pardoning Assange. But Snowden I’m not sure about. Because he went to Russia and no telling what’s he’s given to Russia.
 
Hardensoul

Hardensoul

Member
DownLikeBCPowder said:
Yes, he would definitely get a fair trial. How about holding unconstitutional authorities accountable?
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He made the choice to take that information and what ever information we don’t know about. So, if he truly wants to expose that stand by it. He would know treason means death.

If he stood on trial he may get the public on his side and possibly just spend time in prison. But he ran to Russia.
 
DownLikeBCPowder

DownLikeBCPowder

Member
Hardensoul said:
He made the choice to take that information and what ever information we don’t know about. So, if he truly wants to expose that stand by it. He would know treason means death.

If he stood on trial he may get the public on his side and possibly just spend time in prison. But he ran to Russia.
Click to expand...
Well, we'll have to agree to disagree, but his actions were a massive public service as far as I'm concerned. I don't blame him for running to Russia - look how the United States has treated Assange. Assange would be much better off if he, too, "ran to Russia".
 
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Hardensoul

Hardensoul

Member
DownLikeBCPowder said:
Well, we'll have to agree to disagree, but his actions were a massive public service as far as I'm concerned. I don't blame him for running to Russia - look how the United States has treated Assange. Assange would be much better off if he, too, "ran to Russia".
Click to expand...
Of course if he wanted to live running to Russia was the best course, I won’t disagree with that. But not all heroes survive!
 
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