NoSaint Posted March 23, 2023 Share Posted March 23, 2023 On 2/14/2023 at 7:47 PM, Poleshifter said: If you have invested in Ethereum, you may want to read these articles. Ethereum staking ban? SEC overshadows shanghai hard fork With the SEC going after Staking, the Ethereum Shanghai Hard Fork Upgrade (due on March 20) might not be good news as originally hoped. If the Seven Siblings is activated on Ethereum, this major sell off will crash the price badly. If you want a good alternative to ETH, Stellar Lumens (XLM) would be a wise choice, even though some posters like to give me grief about it. Why Stellar Lumens? Stellar Lumens joins CFTC global market advisory committee I’ll say, I’m no expert on crypto but stellar is among my larger chunks. Quote Link to comment Share on other sites More sharing options...
Poleshifter Posted March 24, 2023 Share Posted March 24, 2023 On 3/22/2023 at 5:25 PM, NoSaint said: I’ll say, I’m no expert on crypto but stellar is among my larger chunks. I'm no expert either. I have been buying and trading XRP and XLM for 2 1/2 years. Are you trading XLM for other tokens, such as in Lobstr or Scopuly apps? There are some huge opportunities if you know which ones to trade for. Stellar Network is the future. It will be the new stock market. Putting your money into Stellar (XLM) is a wise move. Quote Link to comment Share on other sites More sharing options...
DrDawkinstein Posted March 29, 2023 Share Posted March 29, 2023 Crypto showing decent resiliency through all this banking madness around the world. Dipped a bit yesterday and then bounced back big time last night. Vibranium Hands. Quote Link to comment Share on other sites More sharing options...
Doc Posted March 29, 2023 Share Posted March 29, 2023 28 minutes ago, DrDawkinstein said: Crypto showing decent resiliency through all this banking madness around the world. Dipped a bit yesterday and then bounced back big time last night. Vibranium Hands. They're saying more people are entering the crypto market because of the banking madness. 2 Quote Link to comment Share on other sites More sharing options...
DrDawkinstein Posted April 11, 2023 Share Posted April 11, 2023 Quote Link to comment Share on other sites More sharing options...
NoSaint Posted April 14, 2023 Share Posted April 14, 2023 Ethereum having quite the run up 2 Quote Link to comment Share on other sites More sharing options...
ArdmoreRyno Posted April 14, 2023 Share Posted April 14, 2023 On 3/29/2023 at 9:27 AM, Doc said: They're saying more people are entering the crypto market because of the banking madness. I wish it would jump back to the October 2021 prices! My account is still 1/3 of what it was, but still up a ton since I first started investing in early 2018. ETC was around $120 back then. BTC was $8000 Quote Link to comment Share on other sites More sharing options...
Poleshifter Posted May 12, 2023 Share Posted May 12, 2023 “A Mammoth House of Cards”: Can We Trust Tether? Just some food for thought if Tether is your crypto of choice. Quote Link to comment Share on other sites More sharing options...
Mr Info Posted May 22, 2023 Share Posted May 22, 2023 14 hours ago, Poleshifter said: URGENT! I am moving my stuff from Lobstr to Lumendex - hoping to survive this... CBKNEWS (where you got this) is a scam just like crypto. 1 Quote Link to comment Share on other sites More sharing options...
ICanSleepWhenI'mDead Posted May 22, 2023 Share Posted May 22, 2023 15 hours ago, Poleshifter said: URGENT! I am moving my stuff from Lobstr to Lumendex - hoping to survive this... Lots of companies simultaneously declare bankruptcy at exactly the same time and announce it in advance. Happens all the time. 2 Quote Link to comment Share on other sites More sharing options...
BillsFan4 Posted May 22, 2023 Share Posted May 22, 2023 1 hour ago, Mr Info said: CBKNEWS (where you got this) is a scam just like crypto. Wait, so you mean all their tweets about “lizard people” being real, JFK still being alive and “important” Qanon drops aren’t true?? I’m crushed! 😂 Quote Link to comment Share on other sites More sharing options...
Jauronimo Posted May 22, 2023 Share Posted May 22, 2023 22 minutes ago, ICanSleepWhenI'mDead said: Lots of companies simultaneously declare bankruptcy at exactly the same time and announce it in advance. Happens all the time. How the f@#$ can a wallet declare bankruptcy? Trezor is literally hard storage. Its like saying the old coffee can I buried in my backyard is declaring bankruptcy and my cash will disappear. Anybody who is even remotely aware of what crypto is should know this is an obvious lie. 1 Quote Link to comment Share on other sites More sharing options...
Doc Posted May 22, 2023 Share Posted May 22, 2023 The fact that Q Wallet put out that notice... Quote Link to comment Share on other sites More sharing options...
DrDawkinstein Posted May 22, 2023 Share Posted May 22, 2023 (edited) 1 hour ago, Jauronimo said: How the f@#$ can a wallet declare bankruptcy? Trezor is literally hard storage. Its like saying the old coffee can I buried in my backyard is declaring bankruptcy and my cash will disappear. Anybody who is even remotely aware of what crypto is should know this is an obvious lie. There's a huge FUD meltdown going on right now regarding Ledger wallets and their latest feature. I think that fake post was just trying to capitalize on it. Edited May 22, 2023 by DrDawkinstein Quote Link to comment Share on other sites More sharing options...
Ridgewaycynic2013 Posted May 22, 2023 Share Posted May 22, 2023 2 hours ago, Jauronimo said: How the f@#$ can a wallet declare bankruptcy? Ask HOUSE. Quote Link to comment Share on other sites More sharing options...
aristocrat Posted May 23, 2023 Share Posted May 23, 2023 On 5/11/2023 at 11:05 PM, Poleshifter said: “A Mammoth House of Cards”: Can We Trust Tether? Just some food for thought if Tether is your crypto of choice. So when is the stock market moving to that platform you use? Seems to be taking a while Quote Link to comment Share on other sites More sharing options...
Poleshifter Posted May 24, 2023 Share Posted May 24, 2023 21 hours ago, aristocrat said: So when is the stock market moving to that platform you use? Seems to be taking a while I wish I knew the timing of the big change. 1 Quote Link to comment Share on other sites More sharing options...
ICanSleepWhenI'mDead Posted May 26, 2023 Share Posted May 26, 2023 On 5/24/2023 at 1:24 PM, Poleshifter said: I wish I knew the timing of the big change. Just FYI - - according to NIH, for most women it happens between the ages of 45 and 55. Quote Link to comment Share on other sites More sharing options...
Jauronimo Posted June 29, 2023 Share Posted June 29, 2023 Blackrock is gaining traction in their bid for the first approved crypto ETF. The SEC has rejected all applications for crypto ETFs citing a number of arguments the most compelling of which, in my opinion, is crypto exchanges are not regulated. But Blackrock has a long history of successfully navigating the SEC and obtaining approval. https://www.cnbc.com/2023/06/29/fidelity-joins-the-rush-for-a-bitcoin-etf-following-blackrock-ark-invest-and-others.html https://www.ft.com/content/1886c3a3-3fb8-411a-b95a-e4667de560d1 This is potentially big for the crypto world and opens the door for many investors who want exposure to crypto without dealing with the complication of owning coin and private keys. Its also very good news for me since I hold a little bit of Grayscale Bitcoin Trust which filed for ETF conversion years ago and has been suing the SEC. GBTC trades at a discount to net asset value (NAV) of about 30% as of yesterday. It was closer to 50% when I last bought. Which means that actual bitcoin held by Grayscale is worth 30% more than a share of GBTC. Conversion to an ETF would immediately result in a rise to market value. See the link below for discussion of closed end funds and why they can trade at either a premium or discount relative to the value of the actual assets held. https://grayscale.com/qa-what-converting-gbtc-to-an-etf-would-mean/ This is an arbitrage play on successful ETF conversion. Based on all the activity I think theres a decent chance the SEC approves crypto ETFs. Graycsale Ethereum trades at a 50% discount. I'm also looking at Grayscale Litecoin. Quote Link to comment Share on other sites More sharing options...
TheCockSportif Posted June 29, 2023 Share Posted June 29, 2023 1 hour ago, Jauronimo said: Blackrock is gaining traction in their bid for the first approved crypto ETF. The SEC has rejected all applications for crypto ETFs citing a number of arguments the most compelling of which, in my opinion, is crypto exchanges are not regulated. But Blackrock has a long history of successfully navigating the SEC and obtaining approval. https://www.cnbc.com/2023/06/29/fidelity-joins-the-rush-for-a-bitcoin-etf-following-blackrock-ark-invest-and-others.html https://www.ft.com/content/1886c3a3-3fb8-411a-b95a-e4667de560d1 This is potentially big for the crypto world and opens the door for many investors who want exposure to crypto without dealing with the complication of owning coin and private keys. Its also very good news for me since I hold a little bit of Grayscale Bitcoin Trust which filed for ETF conversion years ago and has been suing the SEC. GBTC trades at a discount to net asset value (NAV) of about 30% as of yesterday. It was closer to 50% when I last bought. Which means that actual bitcoin held by Grayscale is worth 30% more than a share of GBTC. Conversion to an ETF would immediately result in a rise to market value. See the link below for discussion of closed end funds and why they can trade at either a premium or discount relative to the value of the actual assets held. https://grayscale.com/qa-what-converting-gbtc-to-an-etf-would-mean/ This is an arbitrage play on successful ETF conversion. Based on all the activity I think theres a decent chance the SEC approves crypto ETFs. Graycsale Ethereum trades at a 50% discount. I'm also looking at Grayscale Litecoin. I am super familiar with Blackrock given my nearly 30 years in tech. Let's hope that they don't want to invest in another submersible. Quote Link to comment Share on other sites More sharing options...
Jauronimo Posted June 30, 2023 Share Posted June 30, 2023 (edited) 18 hours ago, Jauronimo said: Blackrock is gaining traction in their bid for the first approved crypto ETF. The SEC has rejected all applications for crypto ETFs citing a number of arguments the most compelling of which, in my opinion, is crypto exchanges are not regulated. But Blackrock has a long history of successfully navigating the SEC and obtaining approval. https://www.cnbc.com/2023/06/29/fidelity-joins-the-rush-for-a-bitcoin-etf-following-blackrock-ark-invest-and-others.html https://www.ft.com/content/1886c3a3-3fb8-411a-b95a-e4667de560d1 This is potentially big for the crypto world and opens the door for many investors who want exposure to crypto without dealing with the complication of owning coin and private keys. Its also very good news for me since I hold a little bit of Grayscale Bitcoin Trust which filed for ETF conversion years ago and has been suing the SEC. GBTC trades at a discount to net asset value (NAV) of about 30% as of yesterday. It was closer to 50% when I last bought. Which means that actual bitcoin held by Grayscale is worth 30% more than a share of GBTC. Conversion to an ETF would immediately result in a rise to market value. See the link below for discussion of closed end funds and why they can trade at either a premium or discount relative to the value of the actual assets held. https://grayscale.com/qa-what-converting-gbtc-to-an-etf-would-mean/ This is an arbitrage play on successful ETF conversion. Based on all the activity I think theres a decent chance the SEC approves crypto ETFs. Graycsale Ethereum trades at a 50% discount. I'm also looking at Grayscale Litecoin. UPDATE https://www.wsj.com/articles/sec-says-spot-bitcoin-etf-filings-are-inadequate-390336e8?mod=hp_lead_pos1 https://www.coindesk.com/markets/2023/06/30/bitcoin-tumbles-on-report-of-sec-saying-spot-btc-etf-filings-inadequate/ Not today. The SEC really couldn't give me the weekend before making me look like an idiot? Edited June 30, 2023 by Jauronimo Quote Link to comment Share on other sites More sharing options...
DrDawkinstein Posted December 4, 2023 Share Posted December 4, 2023 $50k by Xmas $100k by 2025! Quote Link to comment Share on other sites More sharing options...
Jauronimo Posted December 4, 2023 Share Posted December 4, 2023 18 minutes ago, DrDawkinstein said: $50k by Xmas $100k by 2025! GBTC has been a great investment. Not only have I realized every bit of upside from the increase in BTC prices but the discount to NAV has narrowed. GBTC have ETHE actually outperformed their underlying crypto due to huge discounts to NAV which have significantly narrowed. At buy in I was essentially getting Bitcoin and Ethereum for 50% of dollar value. 1 Quote Link to comment Share on other sites More sharing options...
Doc Posted January 9 Share Posted January 9 On 12/4/2023 at 1:20 PM, Jauronimo said: GBTC has been a great investment. Not only have I realized every bit of upside from the increase in BTC prices but the discount to NAV has narrowed. GBTC have ETHE actually outperformed their underlying crypto due to huge discounts to NAV which have significantly narrowed. At buy in I was essentially getting Bitcoin and Ethereum for 50% of dollar value. I know I gave you ***** earlier but I bought it when you recommended it and it's up over 1X for me right now. Thanks! 1 Quote Link to comment Share on other sites More sharing options...
DrDawkinstein Posted January 9 Share Posted January 9 LETS GOOOOOO Quote Link to comment Share on other sites More sharing options...
Poleshifter Posted January 9 Share Posted January 9 Stellar XLM: Your Roadmap to Financial Inclusion In conclusion, Stellar XLM is emerging as a powerful tool in the pursuit of financial inclusion. Its unique features, strategic partnerships, and commitment to addressing the challenges faced by the unbanked make it a promising platform for creating a more equitable financial system. As Stellar continues to develop and innovate, its impact on global financial inclusion is expected to grow, providing a roadmap to a more inclusive and prosperous future for all. ---- On a related note, XRP is not the "golden child" it was once expected to be. There is not going to be a high-priced buyback like many XRP hodlers had hoped for. XLM is the better option. Quote Link to comment Share on other sites More sharing options...
Mikie2times Posted January 9 Share Posted January 9 Would be rather shocked if this doesn't become a sell the news event. Always is with BTC. Eventually it will be bullish, but short term I see some rug pull in our future. Quote Link to comment Share on other sites More sharing options...
Doc Posted January 10 Share Posted January 10 Spot BTC ETFs just got approved. 1 Quote Link to comment Share on other sites More sharing options...
Fallser Posted January 10 Share Posted January 10 Build that pyramid!! Remember, suckers at the bottom. Quote Link to comment Share on other sites More sharing options...
Jauronimo Posted January 10 Share Posted January 10 (edited) As Grayscale converts closed end trusts to spot ETFs all of those Market Price / Shares will rise to the value of Holdings / Per Share. https://www.grayscale.com/crypto-products Some like GDLC, which I hold, still have attractive discounts to Net Asset Value (NAV) ~30%. Did you know GDLC is 70% Bitcoin and 23% ETH? The original thesis was a bet on ETF conversion and narrowing of the discounts to NAV. Assuming Grayscale converts all products to spot ETFs its now free money. I suppose additional regulation risk may remain? The cool thing here is that I bought GBTC when it was trading around $10 and the value of its bitcoin holdings was $15. Now the market price is nearly equal to its holdings per share. Meaning anyone who traded with me upthread has realized gains greater than people who invested in ETH or BTC. Edited January 11 by Jauronimo Quote Link to comment Share on other sites More sharing options...
Poleshifter Posted February 16 Share Posted February 16 XRP Death Cross fully confirmed XRP Death Cross fully confirmed, Dogecoin (DOGE), Bitcoin (BTC) now aims at $50,000 The asset has confirmed a "Death Cross," a technical chart pattern (https://u.today/dangerous-ethereum-eth-pattern-appears) that may spell trouble for its immediate future. This bearish signal occurs when the 50-day moving average crosses below the 200-day moving average, often interpreted as a sign that current short-term momentum is falling well below long-term price trends, suggesting a potential sell-off ahead. XRP's inability to maintain a position above the 26-day Exponential Moving Average (EMA) has exposed its vulnerability. This level often acts as a dynamic line of support in a bull market; however, XRP's recent reversal from this point highlights a lack of buying pressure. Typically, a failure to break above the 26 EMA is not taken lightly by traders, as it signals that the asset does not have enough bullish strength for an upward breakout. ------------------- If you were counting on XRP to be your retirement, now is the time for a new plan. Convert your XRP to XLM or whatever you like. Things have changed over the last 2-3 years. Quote Link to comment Share on other sites More sharing options...
Poleshifter Posted February 26 Share Posted February 26 Hedera (HBAR), Stellar (XLM), and Cardano (ADA) Lead the Charge as ISO 20022-Compliant Cryptos That Could Partner With Central Banks A new era in the financial technology world is upon us. On March 20, the world will transition to using ISO 20022 technology in financial communications, replacing SWIFT, and Hedera, Cardano, and Stellar are among the projects leading the march into this bold new world for crypto. ISO 20022 is a new global protocol that financial entities will rely on to exchange financial messages securely. Previously, they have relied on SWIFT, which has been around for five decades. SWIFT came before most of today’s existing technology and can no longer keep up with the rapid advancements in the payments sector. Quote Link to comment Share on other sites More sharing options...
DrDawkinstein Posted February 27 Share Posted February 27 Just hit $57k 1 1 Quote Link to comment Share on other sites More sharing options...
Jauronimo Posted February 27 Share Posted February 27 17 hours ago, Poleshifter said: Hedera (HBAR), Stellar (XLM), and Cardano (ADA) Lead the Charge as ISO 20022-Compliant Cryptos That Could Partner With Central Banks A new era in the financial technology world is upon us. On March 20, the world will transition to using ISO 20022 technology in financial communications, replacing SWIFT, and Hedera, Cardano, and Stellar are among the projects leading the march into this bold new world for crypto. ISO 20022 is a new global protocol that financial entities will rely on to exchange financial messages securely. Previously, they have relied on SWIFT, which has been around for five decades. SWIFT came before most of today’s existing technology and can no longer keep up with the rapid advancements in the payments sector. No one wants centralized crypto products. Decentralization and anonymity are the soul of crypto currency. Its their reason for existence. Everything you espouse is the antithesis of crypto. Its why cRipple coin is bust. Its why Lumen is the same garbage. Cardano may be compliant but its true purpose is next gen Ethereum. Maybe it will get to that status but I doubt it. If you want to make money, put it all in Bitcoin and look to sell around $100k. Then wait until Bitcoin plummets back down to $20k and look to buy again wherever the new floor is established. Rinse, wash, and repeat as necessary. 1 Quote Link to comment Share on other sites More sharing options...
DrDawkinstein Posted February 27 Share Posted February 27 2 hours ago, Jauronimo said: If you want to make money, put it all in Bitcoin and look to sell around $100k. Then wait until Bitcoin plummets back down to $20k and look to buy again wherever the new floor is established. Rinse, wash, and repeat as necessary. This has been my advice as well. It's the classic cycle. Although I believe the bottom wont be that low this time. I think it will bottom out in the $40ks, mayyyyybe dip into the $30ks. Either way, a good way to at least double your BTC bag. 1 Quote Link to comment Share on other sites More sharing options...
Jauronimo Posted February 27 Share Posted February 27 1 hour ago, DrDawkinstein said: This has been my advice as well. It's the classic cycle. Although I believe the bottom wont be that low this time. I think it will bottom out in the $40ks, mayyyyybe dip into the $30ks. Either way, a good way to at least double your BTC bag. I have more than doubled my bag over the past year and change by following my own advice posted in this thread. At least one other person here has too. I'm sure @Poleshifter's cRipple coin YOLO has performed just as well... Quote Link to comment Share on other sites More sharing options...
Doc Posted February 28 Share Posted February 28 (edited) On 2/27/2024 at 2:49 PM, Jauronimo said: I have more than doubled my bag over the past year and change by following my own advice posted in this thread. At least one other person here has too. I'm sure @Poleshifter's cRipple coin YOLO has performed just as well... Yup. Thanks again. And I have more than doubled on several cryptos. Edited February 28 by Doc Quote Link to comment Share on other sites More sharing options...
NoSaint Posted March 2 Share Posted March 2 On 1/9/2024 at 4:02 PM, Poleshifter said: Stellar XLM: Your Roadmap to Financial Inclusion In conclusion, Stellar XLM is emerging as a powerful tool in the pursuit of financial inclusion. Its unique features, strategic partnerships, and commitment to addressing the challenges faced by the unbanked make it a promising platform for creating a more equitable financial system. As Stellar continues to develop and innovate, its impact on global financial inclusion is expected to grow, providing a roadmap to a more inclusive and prosperous future for all. ---- On a related note, XRP is not the "golden child" it was once expected to be. There is not going to be a high-priced buyback like many XRP hodlers had hoped for. XLM is the better option. I’ll admit, I’m patiently waiting for the run. fingers crossed - I think we see the alt coins close the gap to past highs next with people getting excited and fomo exploding in crypto again On 2/27/2024 at 10:06 AM, Jauronimo said: No one wants centralized crypto products. Decentralization and anonymity are the soul of crypto currency. Its their reason for existence. Everything you espouse is the antithesis of crypto. Its why cRipple coin is bust. Its why Lumen is the same garbage. Cardano may be compliant but its true purpose is next gen Ethereum. Maybe it will get to that status but I doubt it. If you want to make money, put it all in Bitcoin and look to sell around $100k. Then wait until Bitcoin plummets back down to $20k and look to buy again wherever the new floor is established. Rinse, wash, and repeat as necessary. that’s largely been my cash strategy since the bottom almost every penny since the floor has been btc this round. have plenty kicking around in other place still but really keeping it simple this time Quote Link to comment Share on other sites More sharing options...
Doc Posted March 6 Share Posted March 6 BTC hit its all-time high yesterday and then cryptos crashed. They're back up today. Quote Link to comment Share on other sites More sharing options...
Doc Posted March 7 Share Posted March 7 Anyone buy Pepe? Quote Link to comment Share on other sites More sharing options...
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