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Joined: Oct 2003
Posts: 3,859
Campfire Tracker
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OP
Campfire Tracker
Joined: Oct 2003
Posts: 3,859 |
Read an article recently that Bitcoin by itself has a higher market cap than the 3 or 4 largest US banks combined, surpassing 1 trillion dollars. The entire crypto market cap has now surpassed 2 trillion. Bitcoin itself has seen about 400 billion pour in since the start of 2021. Things are changing fast out there. How many here have their fingers in this market? I'm just a newbie myself, only started in January, but its been a very educational few months for sure.
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Joined: Dec 2008
Posts: 8,298
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2008
Posts: 8,298 |
Better buy now while it's cheap, stuff is worth more than gold.
"Life is tough, even tougher if your stupid"
John Wayne
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Joined: Aug 2017
Posts: 9,055
Campfire Outfitter
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Campfire Outfitter
Joined: Aug 2017
Posts: 9,055 |
Read an article recently that Bitcoin by itself has a higher market cap than the 3 or 4 largest US banks combined, surpassing 1 trillion dollars. The entire crypto market cap has now surpassed 2 trillion. Bitcoin itself has seen about 400 billion pour in since the start of 2021. Things are changing fast out there. How many here have their fingers in this market? I'm just a newbie myself, only started in January, but its been a very educational few months for sure. Wut? There's trillions in individual index funds. Please don't be lazy.
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Joined: Sep 2011
Posts: 60,739
Campfire Kahuna
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Campfire Kahuna
Joined: Sep 2011
Posts: 60,739 |
These premises insured by a Sheltie in Training ,--- and Cooey.o
"May the Good Lord take a likin' to you"
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Joined: Feb 2010
Posts: 3,841
Campfire Tracker
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Campfire Tracker
Joined: Feb 2010
Posts: 3,841 |
It feels like it has replaced gold. Easier to hide, smuggle, and cash out than gold. But like gold the government is going to get its tentacles on it.
I wonder when something like this will apply to crypto and Biden is just the man to do it:
Executive Order 6102 is an executive order signed on April 5, 1933, by US President Franklin D. Roosevelt "forbidding the hoarding of gold coin, gold bullion, and gold certificates within the continental United States." The executive order was made under the authority of the Trading with the Enemy Act of 1917, as amended by the Emergency Banking Act in March 1933.
Quando omni flunkus moritati
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Joined: Jan 2017
Posts: 216
Campfire Member
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Campfire Member
Joined: Jan 2017
Posts: 216 |
It's the (semi) new paradigm.
Buy INJ.
You're welcome.
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Joined: Feb 2010
Posts: 15,648
Campfire Ranger
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Campfire Ranger
Joined: Feb 2010
Posts: 15,648 |
Does Bernie Madoff ring a bell?
NRA Life,Endowment,Patron or Benefactor since '72.
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Joined: Jul 2018
Posts: 10,671
Campfire Outfitter
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Campfire Outfitter
Joined: Jul 2018
Posts: 10,671 |
Better buy now while it's cheap, stuff is worth more than gold. Up a 1,000% in a year is far from cheap.
Progressives are the most open minded, tolerant, and inclusive people on the planet, as long as you agree with everything they say, and do exactly as you're told.
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Joined: Oct 2012
Posts: 7,615
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2012
Posts: 7,615 |
Im gonna laugh when it sheits the bed, don't say you ain't been warned.
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Joined: Jan 2010
Posts: 32,130
Campfire 'Bwana
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Campfire 'Bwana
Joined: Jan 2010
Posts: 32,130 |
Bitcoin is good for CHINA.
If you put Taco Bell sauce in your ramen noodles it tastes just like poverty
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Joined: Nov 2003
Posts: 28,411
Campfire Ranger
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Campfire Ranger
Joined: Nov 2003
Posts: 28,411 |
Bitcoin is good for CHINA. China recently introduced their Digital version of their RMB. Looking at the crypto ETFs,
The degree of my privacy is no business of yours.
What we've learned from history is that we haven't learned from it.
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Joined: Dec 2008
Posts: 8,298
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2008
Posts: 8,298 |
Crypto is one smart guy away from being worth zero overnight.
"Life is tough, even tougher if your stupid"
John Wayne
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Joined: Oct 2003
Posts: 3,859
Campfire Tracker
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OP
Campfire Tracker
Joined: Oct 2003
Posts: 3,859 |
Im gonna laugh when it sheits the bed, don't say you ain't been warned. There's probably going to be some spectacular crashes ahead, particularly in the alt coins. Lots of money to be made in the mean time, as long as one doesn't get too greedy and try to time the top.
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Joined: Oct 2003
Posts: 3,859
Campfire Tracker
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OP
Campfire Tracker
Joined: Oct 2003
Posts: 3,859 |
Crypto is one smart guy away from being worth zero overnight. Care to elaborate?
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Joined: Oct 2003
Posts: 3,859
Campfire Tracker
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OP
Campfire Tracker
Joined: Oct 2003
Posts: 3,859 |
Bitcoin is good for CHINA. China,or more accurately some enterprising Chinese, had their finger on the pulse early and used their subsidized power to lock up a lot of the mining. Smart of them to do so. The US is letting other countries get ahead of them too often.
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Joined: Oct 2003
Posts: 3,859
Campfire Tracker
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OP
Campfire Tracker
Joined: Oct 2003
Posts: 3,859 |
Does Bernie Madoff ring a bell? Sure. Why?
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Joined: Dec 2013
Posts: 13,030
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2013
Posts: 13,030 |
It feels like it has replaced gold. Easier to hide, smuggle, and cash out than gold. But like gold the government is going to get its tentacles on it.
I wonder when something like this will apply to crypto and Biden is just the man to do it:
Executive Order 6102 is an executive order signed on April 5, 1933, by US President Franklin D. Roosevelt "forbidding the hoarding of gold coin, gold bullion, and gold certificates within the continental United States." The executive order was made under the authority of the Trading with the Enemy Act of 1917, as amended by the Emergency Banking Act in March 1933.
I don't see how our government can possibly allow an alternative to Federal Reserve Notes and survive. Soon nobody will want U.S. money if there is an alternative.
Patriotism (and religion) is the last refuge of a scoundrel.
Jesus: "Take heed that no man deceive you."
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Joined: Jun 2008
Posts: 6,076
Campfire Tracker
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Campfire Tracker
Joined: Jun 2008
Posts: 6,076 |
The key to a profiting from a pyramid scheme is to not get caught at the bottom.
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Joined: Oct 2003
Posts: 3,859
Campfire Tracker
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OP
Campfire Tracker
Joined: Oct 2003
Posts: 3,859 |
It's the (semi) new paradigm.
Buy INJ.
You're welcome. Injective looks promising. Frankly there's so many promising projects out there its hard to keep up.
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Joined: Nov 2003
Posts: 28,411
Campfire Ranger
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Campfire Ranger
Joined: Nov 2003
Posts: 28,411 |
It feels like it has replaced gold. Easier to hide, smuggle, and cash out than gold. But like gold the government is going to get its tentacles on it.
I wonder when something like this will apply to crypto and Biden is just the man to do it:
Executive Order 6102 is an executive order signed on April 5, 1933, by US President Franklin D. Roosevelt "forbidding the hoarding of gold coin, gold bullion, and gold certificates within the continental United States." The executive order was made under the authority of the Trading with the Enemy Act of 1917, as amended by the Emergency Banking Act in March 1933.
I don't see how our government can possibly allow an alternative to Federal Reserve Notes and survive. Soon nobody will want U.S. money if there is an alternative. Goldman Sachs, Mellon bank and JP Morgan seems to think it’ll last
The degree of my privacy is no business of yours.
What we've learned from history is that we haven't learned from it.
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