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BITCOIN

17172747677344

Comments

  • lozzy1965
    lozzy1965 Posts: 549 Forumite
    Tenth Anniversary 500 Posts Name Dropper Photogenic
    I can see my account now:

    01/02/2022  Supermarket  BTC -0.0000000001573
    02/02/2022  Pub                BTC -0,0000000000942
    01/03/2022  Salary            BTC +0.0000000010000
    04/03/2022  Drug Dealer   BTC -0.0000000010000
    11/03/2022  Flowers          BTC -0.0000000002500
  • Scottex99
    Scottex99 Posts: 816 Forumite
    Tenth Anniversary 500 Posts Name Dropper Photogenic
    Count in sats baby
  • lozzy1965
    lozzy1965 Posts: 549 Forumite
    Tenth Anniversary 500 Posts Name Dropper Photogenic
    Scottex99 said:
    Count in sats baby
    Hey, I've learnt something today!  Thanks for that!
  • Adyinvestment
    Adyinvestment Posts: 371 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    I am starting to see some pretty big potential needle mover news coming through


    Germany opening up special funds to invest in Crypto (potentially up to $415 Billion)

    German Law Allowing $415B Investment Into Crypto Takes Effect | Nasdaq


    650 US bank branches about to offer Bitcoin to their 24 million customers

    Deal Could See 650 Banks Offer Bitcoin to 24 million Customers (yahoo.com)


    I am seeing stories every day about this bank or this country or this institution or this business or this fund getting into Crypto - the adoption rate in other countries is really picking up steam. The UK needs to pick up its big T-Rex head and look around at what is happening elsewhere.




  • Type_45
    Type_45 Posts: 1,723 Forumite
    1,000 Posts Fifth Anniversary Name Dropper Combo Breaker
    Crypto shills:  please be aware that there is an angry anti-crypto bloke monitoring this thread.  Please also be advised that he's Scottish and there's a major sporting competition under way, so he's in an even worse mood.
  • jjmmww1
    jjmmww1 Posts: 139 Forumite
    Eighth Anniversary 100 Posts Name Dropper
    Scottex99 said:
    jjmmww1 said:
    Not to do with bitcoin but managed to sell my First NFT yesterday for 27x what i paid for it :smiley: and i didn't like them to star with but i guess it was a lucky buy
    Haha nice. I keep meaning to do some research on NFTs but I can't really be bothered, think I have some art ones I paid a few ETH for somewhere. 

    Collectibles within games could be pretty cool for it
    yeah i'm not really in to them either but it was a mystery box NFT on one of the platforms i use so got 5 sold 1 and will hold the rest and hope something good in them
    Mortgage 165,065/183,000

    Credit card cleared Oct 2024
  • Scottex99
    Scottex99 Posts: 816 Forumite
    Tenth Anniversary 500 Posts Name Dropper Photogenic
    Not shilling for the cash but by all means have a dabble if you like and definitely worth watching me awkwardly reading my lines in the video, haha.

    FTX just closed a 900m investment yesterday too. Plenty of money around and a lot going in to crypto.

    https://www.crowdcube.com/companies/digital-asset-management-dam/pitches/Z1X5gl
  • Bitcoin price up again after Elon Musk says that Tesla *may* accept it again for payments.
    This is becoming a farce. The cynical side of me suspects that the he has decided the price has fallen enough and has filled his boots, so now time for pump and dump again.

    Perhaps the US equivalent of SFO may want to look a bit more closer into his side hustle and whether price manipulation is taking place? Or is it perfectly to do all this because this is an unregulated "financial product"?
  • Malthusian
    Malthusian Posts: 11,055 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    If Musk bought shares in his own company and then made an announcement to drive the price up, e.g. inventing an imaginary takeover bid, that would be securities fraud - and he has been successfully prosecuted for exactly that (he settled with the SEC).

    My understanding however is that crypto is not regulated by the SEC, and if bros want to sell tokens to Musk and then later give him more money to buy them back, that's their own lookout. 

    I am not sure if Musk's knowledge that he is about to make a statement on accepting Bitcoin counts as insider trading. The effect of him making an announcement could be cancelled out by the Chinese having another crackdown or just a general selloff with no particular cause. 
  • MaxiRobriguez
    MaxiRobriguez Posts: 1,790 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    If Musk bought shares in his own company and then made an announcement to drive the price up, e.g. inventing an imaginary takeover bid, that would be securities fraud - and he has been successfully prosecuted for exactly that (he settled with the SEC).

    My understanding however is that crypto is not regulated by the SEC, and if bros want to sell tokens to Musk and then later give him more money to buy them back, that's their own lookout. 

    I am not sure if Musk's knowledge that he is about to make a statement on accepting Bitcoin counts as insider trading. The effect of him making an announcement could be cancelled out by the Chinese having another crackdown or just a general selloff with no particular cause. 
    He knows what he's doing.

    He apparently was going to stop taking Bitcoin payments due to the environmental impact.

    What's changed since in that regard to warrant taking them again? Nothing, only that the price has fallen enough that a media story pump will budge it up a few pc points again.
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