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It is a stablecoin, meaning the price is going to be fairly consistent across time. There is no burn mechanism. There is the ability to increase. Not a fan but could serve purpose. Anything that adds to the governance and development of crypto, I am a fan of that aspect, just not necessarily an investment opportunity.
FYI, I have been sorta scarce over the past 6 months but I have came out of hibernation. Crypto Winter is over, things are thawing with adoption by huge players. I am buying everyday. SEC approval of ETF and its on. Judge has ordered them to review, FORCED THE SEC! This is fricking huge!
We will blow the last record out of the water on ETF approval. I think it hits late this year before Christmas. SEC has lost two back to back cases and their nuts are in a vice. I think they throw their hands up and shift to BTC regulation
Long but bash it? ok ...
You prove you dont know a damn thing about crypto expect a USD price comparison. You should go study. Good grief so much is on the internet and to be that ignorant to the capabilities, yea, you just dont know. Surprised you found the board. But here you are with some clon donk bullcrap that makes ZERO sense.
Alot of reasons, knowing who is behind it and the very really possibility of a HUGE burn coming. Its a chance but they did it once before and why ot ran so hard last time. Then the actual blockchain is very intense. Adoption as a small transaction token is a real possibility.
I guess I look more at "can this crypto be actually used?"
If the ETF is approved, $100K is the next stop, with a lot of accumulating and resistance after,
You must be some old dude crying the days of the OTC Casino are over. And they are, SEC wiped the OTC out, LOL! The whole fricking trading market (stocks, money, commodities, precious metals) is one big ass casino with the odds stacked in favor of the market makers. Investment is a nice word for gambling. The US printed money has value because a military said it has value.
BTC is unique in the fact of Blockchain Technology. If you are looking at BTC as a way to flip a few coins, you missed the whole point. BTC is not rocking the boat, it is flipping the whole damn boat over. You can bitch about it and cry all you want, but mark this down, you will never see the day BTC fails, it will always exist. Even fricking Blackrock (1/3 of all global currency) has now extensively worked the BTC chain into ALL of their financial networks. JP morgan is now saying BUY! Why, because the US dollar is so damn close to collapsing. Our POTUS decided that we dont need to be a leader in oil (not sure what the frick they are smoking and snorting) , the very thing that holds value to the US dollar is the Petro Dollar. Now BRICS is trading in their own currencies, not the US Petro Dollar. BRICS is using a crypto backed by gold.
Blackrock sees the writing on the wall. Very very possible that hyperinflation is going to hit June 2024. Even Fox ran a story with leading money pro's, the collapse is coming just a matter of when.
If you understood the possibilities behind blockchain (medical records, voting, inventory, image storage, copywrite, mp3's, archiving) you would know the deeper value of BTC and how it brought a new secure way of doing life in a tech society. Heck you can attach a message on the blockchain and it will be there for future generations to search. You could leave your important data on a chain (life insurance, will, POA) and give whomever the "keys" to unlock information.
I would not put all my eggs in one basket but I would make sure at least 25% of my dry powder was in BTC, ETH, ETC, SHIB, ADA or CELO (celo is probably my favorite alt because the biggest EU cell phone carrier uses it for payments)
SEC has lost against XRP and the latest ETF request. It is all now just a matter of time before the SEC will have to throw in the towel and make way for crypto laws.
Short term, $100K a coin is coming with ETF approval - IT IS GOING TO HAPPEN SOONER OR LATER. THE SEC CAN NO LONGER LEGALLY CONTROL IT.
Realistically, $1 Million a coin. As far fetched as that sounds, it is going to happen.
As crazy as he was John McAfee was able to see the vision for BTC in the future. $1 Million a coin, and no one can control it because it just exists in cyberspace. No one can "turn it off" , it just does not work like that. Satoshi was a pure genius.
BTC is a safe haven but when you tell the average person that, you get "well what if computers dont work." - If the internet and computers crash on a global scale, money will be the least of your problems! Then valuable commodities will be ammo and food.
BTC IS DIGITAL GOLD
US economy is so close to imploding, BTC is the future. Like it or not ...
Says the man that has made somewhere around 10,000 bad chart calls, lol ....
But but but .... their chart said BTC was going to $5k , lol ...
Here is one for you "technical" chart soothsayers, BTC blew out of the water the 60 day resistance of $28087.
Charts in crypto are for history and that's about it.
Horse shit ...... Huge news today, SEC will not appeal GBTC, now to become ETF. Bloomberg says 75% chance BTC ETF happening 2023, 95% in 2024. ITS COMING!!!!
China, who "banned BTC" , is still the #2 hash producer on planet Earth. Imagine that, all the cheap loading is done ...
BTC WILL BE $1 MILLION a coin ...
"But, but my chart says bitcoin is going to $12K!!!" , lol ..... I wonder if anyone of the charters will admit their wrong from mama's basement tonight????
It would not matter if it was text or pics, its still annoying
Here is a nice little bit of news, Google is integrating blockchains. Noticed a few good plays POLKADOT, ETH, POLYGON, TRON
Every time you make a gloom and doom prediction, $BTC soars!
What I watch is the crypto infrastructure, apps, and server power being built by people like Blackrock, that always includes BTC as the gauge (like gold is to paper money). BR owns 1/3 of ALL GLOBAL CURRENCY! So, where do you think this is headed? It is no if ands or buts, BTC will be the new digital gold standard.
I love these new iHub rules, for years we could say nothing, now with the exception of doxing, we can say the truth to these bullcrap lies of bashing BTC
And just like that, gained over a grand! Tell us how much you are making bashing $BTC ... yea thats right ZERO
Good post
your a dipshit with a computer drawing on charts
avenue for criminal activity that can be traced 100% .... lol.... what a load of crap argument. That really is fricking ignorant to say that. US paper money has fueled all illegal activity in the world for decades .... good grief ....
Been out a few weeks but still watching the BTC story unfold. - Here is a catchup post of some thoughts ...
Paypal, who was so adamant about outlawing crypto, has now reversed course. Folks, wake up! You should fricking know good and well that when these mega-money folks have bashed crypto and then suddenly, they unveil these systems for BTC (and it took years to develop). They were lying their ass off to load cheaps. $btc will be ONE MILLION DOLLARS. Crazy John Mcaffee understood that BTC will not join fiat currency, it will topple it. Although he was nuts in his personal life, he was a visionary for the future of money. Banks had him assassinated.
Most of us always wish we would have caught that Apple type trade where shares were pennies and explode into hundreds. Here is a way to be part of the global shift in money. $26k will turn into $1,000,000 .
A collapse of the US dollar is now not unthinkable. BRICS are now trading oil outside of the US dollar. They can't whoop us on the battlefield, so they cut off the snakes head, in this case the petro dollar.
I can go on but the case for global BTC acceptance is much stronger than the US dollar surviving
I am a buyer at $18, gonna bid sit this one.
Go pay $10 and see what you find ....
And you can call a lying pumper for what they are
And you can call a lying pumper for what they are
I would be pissed too, but your venting your anger to the wrong person. You should wake up, no amount of your cheerleading tactics are going to resuscitate this turd. You cant short this nor any other sub penny. You have to be high up the food chain to short this. No one is shorting , I am barely active in the OTC anymore. I have 2 otc tickers and unfortunately this is one of them. But, if i want cheap shares, I have to do nothing but wait until its 4 digit. Your about to see the 1 billion OS on the next filing. Everyone is screwed, watch and see....
He has either lost a bunch of money and is in denial or he is from the company pumping this floundering turd.
PS - I love the new iHub rules
Here is why you dont buy this POS SLV ... (from zerohedge)
Any stupid idiot can read the loans they have taken out, AND THEY ARE STILL NOT DONE! This will be 4 digit in August. Pucker up, you thought your account was red this week, the worst is on the way
I like these new iHub rules! Really need to get it off my chest anyway! All these stupid azz pumpers getting paid for this POS "promo" or just losing their whole life savings. I I suspect the later. Lost a bunch of money and now playing the violin and singing and the Titanic sinks.
Everything I said has come to pass, millions being dumped and all your cheerleader promises have shown how just fricking ignorant you really. If someone listened to you they are broker than hell.... $1 my azz
The only way this diluted turd is going to $1 is a 1/10000 split. How much are they paying you to con people into buying this POS?
LOL, I have seen this same lying in the OTC for decades. The magical, mysterious, dirty MM's selling air shares!!! lol... no, the company is dumping stock and I can guarantee the OS has changed. If you paid $10, you would know too ...
How long have I been saying this! They are diluting.... It did not take a rocket scientist to see this
Lol, fire away, there will be BILLIONS more to buy. Just wait until you see the true OS that is being hid until next filing. LOL! Pay $10 at Delaware and you would know