nuckin_futz Posted May 13, 2021 Share Posted May 13, 2021 I'd be willing to bet Binance won't be the only company to be investigated. Link to comment Share on other sites More sharing options...
Ronaldoescobar Posted May 19, 2021 Share Posted May 19, 2021 OUCH.... Rough 24hrs (nvm the past month) for crypto to say the least Link to comment Share on other sites More sharing options...
themcdeal Posted May 19, 2021 Share Posted May 19, 2021 People are always complaining about missing the boat but then are afraid to jump in when a correction takes place lol. This is a great buying opportunity. Corrections are normal doing bull cycles.... 1 Link to comment Share on other sites More sharing options...
Tortorella's Rant Posted May 19, 2021 Share Posted May 19, 2021 (edited) 1 hour ago, themcdeal said: People are always complaining about missing the boat but then are afraid to jump in when a correction takes place lol. This is a great buying opportunity. Corrections are normal doing bull cycles.... Is it a correction though? Elon went off the deep end with this thing. Granted crypto market was declining with inflation fears (so much for it being a hedge against inflation). It is alarming how one guy can send the whole crypto market into a frenzy up or down which makes me question the validity of all this. China is "going after" crypto mining; Binance being investigated and so forth. BNN also had guests saying this thing will be roughly 100,000 by end of year, and others saying that BTC has been around for over a decade now and that if there was any real validity behind it, it would already be much bigger player in commerce and banking than it is right now, and that down the road there will be other technologies and cryptos that will supersede BTC and even ETH in practicality, efficiency, and so forth. Edited May 19, 2021 by Tortorella's Rant 1 1 Link to comment Share on other sites More sharing options...
Tortorella's Rant Posted May 19, 2021 Share Posted May 19, 2021 (edited) . Edited May 19, 2021 by Tortorella's Rant Link to comment Share on other sites More sharing options...
Bad_BOI_pete Posted May 19, 2021 Share Posted May 19, 2021 (edited) https://twitter.com/NorthmanTrader/status/1392812965863297026 the moment of truth 40k, if BTC Can stay here and the market recovers,maybe it can break through. but im guessing by days end there will be another sell off. Edited May 19, 2021 by Petey_BOI Link to comment Share on other sites More sharing options...
TheFly Posted May 19, 2021 Share Posted May 19, 2021 Bought 300 ebit at $18.60. Sold 200 Ebit at $17.60. lol Now that's what you call dipping your toe in the water. Link to comment Share on other sites More sharing options...
drummer4now Posted May 19, 2021 Share Posted May 19, 2021 18 minutes ago, TheFly said: Bought 300 ebit at $18.60. Sold 200 Ebit at $17.60. lol Now that's what you call dipping your toe in the water. So essentially at a loss.. I think most people don't understand that crypto is essentially a long term investment, and what mean by that is at least 5- 10 yrs or more. Never sell at a loss unless you have no choice. Link to comment Share on other sites More sharing options...
TheFly Posted May 19, 2021 Share Posted May 19, 2021 19 minutes ago, drummer4now said: So essentially at a loss.. I think most people don't understand that crypto is essentially a long term investment, and what mean by that is at least 5- 10 yrs or more. Never sell at a loss unless you have no choice. Well... I still have my 100 shares. If it rises 10% from here I will be back in black. Link to comment Share on other sites More sharing options...
Tortorella's Rant Posted May 21, 2021 Share Posted May 21, 2021 Link to comment Share on other sites More sharing options...
UnkNuk Posted June 7, 2021 Share Posted June 7, 2021 A while back we were talking about how secure Bitcoin wallets were. Apparently, the US Justice Department has recovered some of the ransom paid after the Colonial Pipeline cyber attack. Article here: https://www.nytimes.com/2021/06/07/us/politics/colonial-pipeline-ransom-justice-department.html The part of the article that caught my eye was this: "The seizure on Monday marked a first-of-its-kind effort by a new Justice Department task force to hijack a cybercriminal group’s profits through a hack of its Bitcoin wallet. The Justice Department said that it had seized 63.7 Bitcoins, currently valued at about $2.3 million. (The value of a Bitcoin has dropped over the past month.)" If so, and if the Justice Department can do it, how long before other groups figure out how to do it? Again, how secure are Bitcoin wallets? Link to comment Share on other sites More sharing options...
drummer4now Posted June 7, 2021 Share Posted June 7, 2021 13 minutes ago, UnkNuk said: A while back we were talking about how secure Bitcoin wallets were. Apparently, the US Justice Department has recovered some of the ransom paid after the Colonial Pipeline cyber attack. Article here: https://www.nytimes.com/2021/06/07/us/politics/colonial-pipeline-ransom-justice-department.html The part of the article that caught my eye was this: "The seizure on Monday marked a first-of-its-kind effort by a new Justice Department task force to hijack a cybercriminal group’s profits through a hack of its Bitcoin wallet. The Justice Department said that it had seized 63.7 Bitcoins, currently valued at about $2.3 million. (The value of a Bitcoin has dropped over the past month.)" If so, and if the Justice Department can do it, how long before other groups figure out how to do it? Again, how secure are Bitcoin wallets? Not very secure at least the digital ones.. even worse if you forget your passcode or secret key like what happen to me lol.. Lost around $400 so worth of bitcoin Link to comment Share on other sites More sharing options...
sassbs Posted June 8, 2021 Share Posted June 8, 2021 The fact that Elon musk has stated that doge coin is a better project than btc/eth, makes me think humankind is a bunch of dummy’s willing to believe the word of a man who knows nothing of crypto other than to make his pockets more deep. doge has no project, no road map, nothing!!!!!!!! And I hate him for making the market crash like this. why do people believe celebrity’s???? It’s like if someone told me sprite was great, would I go out and buy it and drink only sprite???? Hell no. 1 Link to comment Share on other sites More sharing options...
themcdeal Posted June 8, 2021 Share Posted June 8, 2021 I cant fathom that anyone is actually making purchase decisions based on Elon's tweets lol Link to comment Share on other sites More sharing options...
Tortorella's Rant Posted June 9, 2021 Share Posted June 9, 2021 23 hours ago, sassbs said: The fact that Elon musk has stated that doge coin is a better project than btc/eth, makes me think humankind is a bunch of dummy’s willing to believe the word of a man who knows nothing of crypto other than to make his pockets more deep. doge has no project, no road map, nothing!!!!!!!! And I hate him for making the market crash like this. why do people believe celebrity’s???? It’s like if someone told me sprite was great, would I go out and buy it and drink only sprite???? Hell no. I'm done with crypto. If one man can have such sway over the market then it's a &^@#ing joke. Link to comment Share on other sites More sharing options...
sassbs Posted June 9, 2021 Share Posted June 9, 2021 51 minutes ago, Tortorella's Rant said: I'm done with crypto. If one man can have such sway over the market then it's a &^@#ing joke. Technically, they do the same with stocks as well. Gme and amc perfect examples of that. plus the blatant lock down on every exchange! Banks included. At one point I couldn’t sell amc! I wasn’t allowed too. technically, even though I can’t stand his tweets, who’s fault is it? People flock to his every word and listen. I wish people will just do what they feel is right by doing their own research! Link to comment Share on other sites More sharing options...
drummer4now Posted June 10, 2021 Share Posted June 10, 2021 https://www.forbes.com/sites/roberthart/2021/06/09/el-salvador-makes-history-as-worlds-first-country-to-make-bitcoin-legal-tender/?sh=40d396a8eaa3 Interesting how a poor country like El Salvador is willing to take a risk with bitcoin.. Link to comment Share on other sites More sharing options...
themcdeal Posted June 10, 2021 Share Posted June 10, 2021 2 minutes ago, drummer4now said: https://www.forbes.com/sites/roberthart/2021/06/09/el-salvador-makes-history-as-worlds-first-country-to-make-bitcoin-legal-tender/?sh=40d396a8eaa3 Interesting how a poor country like El Salvador is willing to take a risk with bitcoin.. First of many.... It just seems obvious that this is the direction the world is going *shrugs* Link to comment Share on other sites More sharing options...
Tortorella's Rant Posted June 17, 2021 Share Posted June 17, 2021 (edited) . Edited June 17, 2021 by Tortorella's Rant Link to comment Share on other sites More sharing options...
Tortorella's Rant Posted June 17, 2021 Share Posted June 17, 2021 The lurking dangers of Tether and crypto as a whole: 1 Link to comment Share on other sites More sharing options...
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