BITCOIN

MA260

https://www.bbc.co.uk/news/business-63577783
Binance walk away from FTX bailout. This is going tol ead to tighter regulation of Crypto Exchanges

Millyonare

Always amazed that so many people piled into peer-to-peer (P2P) cryptocurrencies. The earlier P2P loan industry had already been a train wreck for years before. The warning signs were there for a long time before Bitcoin and others!

Hexane

Probably nothing.

https://www.dailymail.co.uk/news/article-11407295/Cryptocurrencies-TUMBLE-amid-market-panic-near-collapse-troubled-giant.html

Bitcoin plunges another 10% after near-collapse of major exchange: FTX is hit by $6BILLION in withdrawals over 72 hours amid panic over its financial health as it strikes bailout deal with arch-rivals Binance

Hexane

FrankRizzo said:

Any help appreciated 

You're going to need it.

Hexane

tranquility1 said:

BREAKING:  CRYPTO WHALE MAKING MOVES LAST NIGHT!

I almost doubled my stake in crypto last night.  I have also taken some new positions thusly:

~ £1200 in BTC
~ £1100 in XRP
~ £1100 in XLM
~ £1100 in ETH


XRP and XLM will be the adopted coins for the new financial system, and they will make me a very rich man.

How are these all working out for you now?

You bought 25th August 2021?

Are you a very rich man? Or not?

Hexane

Zola. said:

https://twitter.com/BitcoinMagazine/status/1430937931993202706

Its probably nothing

It wasn't quite nothing, but it did see huge losses.

Hexane

Hexane said:

Scottex99 said:

YellowStarling said:

Genuine question:  for those knocking Bitcoin, do they (consciously or not) substitute "cryptocurrency" (as a whole) with it, or not?  In other words, are those not in favour of Bitcoin also not in favour of other cryptocurrency projects, or just Bitcoin?  I know the title of this thread is specific but some posts appear more aimed at the crypto space in general, hence my question.

Just wondering whether any anti-BTC are more bullish on alternative projects, perhaps those that are aiming for the scalability/TPS targets more akin to fiat monetary systems, or smart contract/app networks, or something else.  E.g. Proof-of-Stake projects like Ethereum 2.0, Cardano, Polkadot, or hashgraph projects like Hedera, etc.

Oh and see you at $100k BTC in a few months. Peace

That was on 13th April 2021. Six months down the line, BTC seems to be at around $59,000

So it's gone basically nowhere in that time, other than down a lot and back up again.

Need another "few months"?

And again? BTC seems to be worth less than $17,000 right now.

Where are you, Scott?

Hexane

darren232002 said:

Remembered why I stopped posting here. 

But do you remember why Scott stopped posting here? He and you were the "big brains", right? 

Hexane

darren232002 said:

Look around, its not conspiracy theorists and rednecks buying Bitcoin, its rocket scientists, CEO's, institutions and computer programmers/STEM graduates. These guys know the way the world is going. JP Morgan in 2017 said BTC is a ponzi, in 2021 they are advising their clients to put a % of their portfolio in it and predicting prices in the $140k range. Citigroup threw out a $300k+ price prediction.

Lest we forget.

mooneysaver

Hexane said:

darren232002 said:

Remembered why I stopped posting here. 

But do you remember why Scott stopped posting here? He and you were the "big brains", right? 

Don't blame me... I voted for binance!