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Foxx

Do You BitCoin?

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Got a text message today 

i have a Bitcoin balance 

$ 11,560.17 𝐂𝐡𝐞𝐜𝐤 𝐲𝐨𝐮𝐫 𝐧𝐞𝐰 𝐚𝐝𝐝𝐞𝐝 𝐛𝐚𝐥𝐚𝐧𝐜𝐞

 

will have to cash it in 

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Posted (edited)

Anyone with a 401k who is interested in Bitcoin but doesn’t want to sign up on an exchange like coinbase can invest with Greyscale Bitcoin Trust. Symbol is GBTC. You pay a bit of a premium but it simplifies things for anyone who wants to get in on Bitcoin. 

 

This is turning out to be a good year. Next year should look amazing in the crypto world. 

Facebook’s Calibra should accelerate crypto adoption. Personally I will stay away from Calibra. I will stick with Bitcoin, GBTC and a few other things.

 

I’m looking forward to seeing this thread having more activity as the crypto space grows.  Very exciting time to be alive. 

 

Btw crypto market cap just hit $300 Billion today.  So much growth to come.

Edited by Pilsner
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Posted (edited)
2 hours ago, Pilsner said:

Anyone with a 401k who is interested in Bitcoin but doesn’t want to sign up on an exchange like coinbase can invest with Greyscale Bitcoin Trust. Symbol is GBTC. You pay a bit of a premium but it simplifies things for anyone who wants to get in on Bitcoin. 

 

This is turning out to be a good year. Next year should look amazing in the crypto world. 

Facebook’s Calibra should accelerate crypto adoption. Personally I will stay away from Calibra. I will stick with Bitcoin, GBTC and a few other things.

 

I’m looking forward to seeing this thread having more activity as the crypto space grows.  Very exciting time to be alive. 

 

Btw crypto market cap just hit $300 Billion today.  So much growth to come.

this thread should be bouncing off the walls today. BTC broke the $10K plateau for the first time since March 8th 2018. BTC has now recovered over 200% of it's low, in this cycle, of $3206 on Dec 14, 2018.

Edited by Foxx

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want to see a good sign? look at the bottom of this chart and look at the volume being traded daily. it is an order of magnitude higher than the end of '17/beginning of '18, our last ATH.

 

💪

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16 hours ago, Foxx said:

want to see a good sign? look at the bottom of this chart and look at the volume being traded daily. it is an order of magnitude higher than the end of '17/beginning of '18, our last ATH.

 

💪

 

Indeed, that is nice volume. If everyone here plays their crypto cards right we could turn into the wealthiest NFL fan base.

 

Keep stacking those Satoshis.

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19 hours ago, Foxx said:

want to see a good sign? look at the bottom of this chart and look at the volume being traded daily. it is an order of magnitude higher than the end of '17/beginning of '18, our last ATH.

 

💪

 

 

Volume and some level of predictability remain important to the future of bitcoin. It is interesting to watch a non government sponsored fiat currency. It is the definition of free market. One dies have to question though, is it tulip bulbs all over again?

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3 hours ago, Pilsner said:

 

Indeed, that is nice volume. If everyone here plays their crypto cards right we could turn into the wealthiest NFL fan base.

 

Keep stacking those Satoshis.

you know what is equally impressive,? with that volume, the mempool is not backlogged like it was back in late '17/early'18. transactions are clearing in a reasonable amount (for BTC anyways) of time.

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1 hour ago, BuffaloBill said:

 

 

Volume and some level of predictability remain important to the future of bitcoin. ...

yes and no. right now it, in it's infancy, is going through bubble phases. what we are experiencing now may be the beginning of the fourth/fifth bubble or.... it may be setting itself up for the thrashing of completing the third bubble. if, as i suspect, we are still in the completion phase of the third/fourth bubble, we have two more to go before it ultimately settles into state sponsored levels of stability. each of the next two successive bubble is going to set mind jarring new all time highs before retreating into a correction mode. the correction mode for this next bubble when it crashes will be $20k. i have my opinions of what the ATH's will be but, perhaps for another post. lets just say though that the previous three/four bubbles have each been, respectively, two digit, three digit, four digit and five digit price points before their correction phases. i think you can see where i am going with the progression here.

 

now, in it's infancy is when generational wealth can be derived. of course whether that is true or not is up to you to do your own diligent research and of course, as always, time will tell the tale. there is an awful lot of money to be made in a volatile market. price direction doesn't much matter if one recognizes patterns and trends. the spread is where the action is at.

 

 

1 hour ago, BuffaloBill said:

 

 

.... It is the definition of free market. One dies have to question though, is it tulip bulbs all over again?

BTC in it's pure form (non derivative) is absolutely the definition of a free market. however, you have all these fractional markets popping up and it does manipulate the price. with that being said, right now, it probably is the freest financial market there is. an important thing to remember here is, if you do not have your crypto in a wallet that you have the private keys to, while you may own it, you do not actually have possession of your property. it is well known that all of the BTC traded on all the exchanges in the world far exceeds the actual amount of BTC in existence. ever hear of Mt. Gox? if not i suggest anyone with an interest, do some reading on it and what occurred. essentially the lesson to be taken from that nasty event is that you should only leave with a custodian what you can afford to lose.

 

the tulip question has been continually brought up with regard, as well as the dotcom crash. in the early days of Crypto (2010/2015_ it was a valid question/concern. today, not so much. there is pretty much a consensual opinion that cryptocurrency is the future. in a way, that future is already here as the fiat USD is already nothing more than 1's and 0's on the central bank's ledger and has been for a number of years. as each year passes, the move to electronic transactions increases. 

 

what is holding back GUS (Gov US) and the rest of the world's govs from sanctioning and implementing its state sanctioned crypto? ways to prevent money laundering, terrorist funding and proliferation financing. they must preserve their (ahem) ways before sanctioning them to the (m)asses.

 

to these ends... it just so happens that as we speak/type many things are happening to address these (ahem) concerns. just yesterday the Financial Action Task Force (FATF) concluded it's third and last plenary meeting under the US presidency (China is the next presidency). to which, they addressed these concerns and came up with a number of recommendations that are expected to go to protecting the integrity of the financial system. you can read the initiatives here: Outcomes FATF Plenary, 16-21 June 2019

 

prior to this latest from the FATF, the G20 had pledged to align with standards for anti-money laundering (AML) and countering the funding of terrorism (CTF) that was to be finalized at this last meeting. additionally, as per FATF recommendations, KYC rules for exchanges are set to get a lot tougher in the very near days ahead.

 

of course, these are all trial runs right now. they are setting standards and will await the technology catching up to those standards and have the current guinea pigs test the system out as they have done all along to this point. at some future point, they will assess, make revisions and stress the system for vulnerabilities. it is going to happen, it is a natural evolution if you look at it logically. in the interim, there is a ***** of a lot of fiat to be made.

 

https://twitter.com/FATFNews/status/1141739509429755907

 

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On 6/22/2019 at 12:33 PM, Foxx said:

you know what is equally impressive,? with that volume, the mempool is not backlogged like it was back in late '17/early'18. transactions are clearing in a reasonable amount (for BTC anyways) of time.

I expect a similar trend to late 2017 with a all time high set in Q4 of 2019 followed by a healthy correction.  The only question is, where to take profits.

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22 minutes ago, Foxx said:

kissed $13K overnight.

Wow. Wish I was smarter is all I can say! Crazy how this thing swings on momentum. 

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6 hours ago, Foxx said:

kissed $13K overnight.

Just fired past $13k up $13,300 a minute ago.

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1 hour ago, Jauronimo said:

Just fired past $13k up $13,300 a minute ago.

there are those who follow the Elliot Wave theory, that say that wave 2 can start @ $13425.00. we have zoomed past that as of now and if the wave theory is correct, we could see $4300 before wave 3 begins. this could take weeks or months but as long as support holds, the theory says that $65K or even my anticipated high of 6 figures is in play.

 

exciting times.

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1 minute ago, Foxx said:

there are those who follow the Elliot Wave theory, that say that wave 2 can start @ $13425.00. we have zoomed past that as of now and if the wave theory is correct, we could see $4300 before wave 3 begins. this could take weeks or months but as long as support holds, the theory says that $65K or even my anticipated high of 6 figures is in play.

 

exciting times.

damn..i have not heard the term elliiot wave in so long..good stuff!!1

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saw my first seized Bitcoin ATM at a forensic computer lab this week

 

 

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6 hours ago, row_33 said:

saw my first seized Bitcoin ATM at a forensic computer lab this week

 

 

   Maybe some WD40 would un-seize it.😛

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Posted (edited)

^^^^^  @Foxx, first, i shudder every time i see you made a post here..think it is gunna say BTC just sailed through 20K and I am gunna put a stick in my eye.

 

2nd, I dont get what was "shocking" about Trumps speech? Does that dude  think he was referring to cyrpto when he says "digital economy"?

Edited by plenzmd1

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Inbox > Message Detail 
Print    Previous  Next
Subject: Security Alert. Your accounts was compromised. You need to change password!
From: Lily <comentario@celsoferramentas.com.br>    (Not Junk)     
Date:    Thu, Jun 27, 2019 7:13 pm

Hello!

I am a hacker who has access to your operating system.
I also have full access to your account.

I've been watching you for a few months now.
The fact is that you were infected with malware through an adult site that you visited.

If you are not familiar with this, I will explain.
Trojan Virus gives me full access and control over a computer or other device.
This means that I can see everything on your screen, turn on the camera and microphone, but you do not know about it.

I also have access to all your contacts and all your correspondence.

Why your antivirus did not detect malware?
Answer: My malware uses the driver, I update its signatures every 4 hours so that your antivirus is silent.

I made a video showing how you satisfy yourself in the left half of the screen, and in the right half you see the video that you watched.
With one click of the mouse, I can send this video to all your emails and contacts on social networks.
I can also post access to all your e-mail correspondence and messengers that you use.

If you want to prevent this, transfer the amount of $500 to my bitcoin address (if you do not know how to do this, write to Google: "Buy Bitcoin").

My bitcoin address (BTC Wallet) is: 3N1qXUJE1cASPLuKCceU1ErmFZvGRgieeM

After receiving the payment, I will delete the video and you will never hear me again.
I give you 50 hours (more than 2 days) to pay.
I have a notice reading this letter, and the timer will work when you see this letter.

Filing a complaint somewhere does not make sense because this email cannot be tracked like my bitcoin address.
I do not make any mistakes.

If I find that you have shared this message with someone else, the video will be immediately distributed.

Best regards!

 

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On 6/26/2019 at 8:49 PM, Greybeard said:

   Maybe some WD40 would un-seize it.😛

 

didn't thrill me too much

 

lots of other stuff seized has more potential

 

 

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7 hours ago, plenzmd1 said:

^^^^^  @Foxx, first, i shudder every time i see you made a post here..think it is gunna say BTC just sailed through 20K and I am gunna put a stick in my eye.

 

2nd, I dont get what was "shocking" about Trumps speech? Does that dude  think he was referring to cyrpto when he says "digital economy"?

nope, hasn't sailed past 20K yet.... if the current sideways trend continues, we may be looking at a wedge developing.

 

i posted the Tweet mainly for Trumps comments. personally, according to what i believe is coming, i do not find them shocking, at all.

 

you have to understand what his words mean in the context of what is happening within the G-20. it goes back to my earlier posting about events that have happened with FATF and other notable excerpts from the meetings.

 

disclaimer here... i am reading between the lines somewhat and my biases cloud objective opinion. take it for what it's worth.

;)

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