Official BGOL Crypto Currency Thread ★★★★★

bubba2k5

Rising Star
BGOL Investor
Yeah, you can only do it on Alpha Exchange. I'll be doing mine in the next couple of weeks. Here's an article on how to do it.

.

Thx Bro, I figured it out and did my transfer earlier today. Now just waiting for Alpha Exchange to convert my tokens.
 

tpotda

Rising Star
Registered
how do you compare it to Nexo?

Celsius is a BEAST!!!

Great use case: who does not want to earn interest on their cryptos? And you earn in like kind BTC on BTC, ETH on ETH... Plus 100x the interest on the dollar over what one can earn in a bank or credit union; find me a bank that pays +10%...

Great company: Alex and the team have built companies in the past and are doing a great job in development, deployment and marketing...

Room to grow: Celsius is closing in on 400K users. There are an estimated 400 million retail bank accounts. Do the math at 2% market penetration...

Fixed coin supply: There were only 650 million CEL tokens minted. Half were sold to the public. The rest get released to treasury upon specific occurrences. See the white paper for more details...

Great narrative: Passive interest and lending are important story lines in the market currently. Some of the best performers in this space are beating BTC in performance (see NEXO) and show no signs of stopping. What's better than the BTC price going ballistic? Earning interest on that same BTC in BTC. Massive!

Better return: CEL is and has been beating the ROI of BTC for the past six months at least. I'm up 200% vs BTC since July of 2020.

DYOR

PS: thanks for the opportunity to respond and realize i mistyped the BzX symbol, It's actually BZRX... I'll fix that in my original post in a minute...
 

Mrfreddygoodbud

Rising Star
BGOL Investor
Hey yo..

Y'all muthafuckas aint tell me Bitmex

Was ran by a genius young billionaire Bruh...out of Asia..

Of course this govt is labeling him criminal

By charging him with outdated banking laws

They KNOW has no place in the world of crypto .

Damn shame they got bruh on the run..

Picked his self up by his bootstraps.

Now they coming after him AND the bootstraps...

Arthur Hayes is the bruhs name


And he is being terrorized by this govt for being an

International rags to mega riches story.

Long but extremely interesting read

On a young bruh making power moves in Asia

And this defacto gov't trying to bring a good man down again.


 

Mr.Mojo

Rising Star
Registered
Hey yo..

Y'all muthafuckas aint tell me Bitmex

Was ran by a genius young billionaire Bruh...out of Asia..

Of course this govt is labeling him criminal

By charging him with outdated banking laws

They KNOW has no place in the world of crypto .

Damn shame they got bruh on the run..

Picked his self up by his bootstraps.

Now they coming after him AND the bootstraps...

Arthur Hayes is the bruhs name


And he is being terrorized by this govt for being an

International rags to mega riches story.

Long but extremely interesting read

On a young bruh making power moves in Asia

And this defacto gov't trying to bring a good man down again.




Oh shit I didn't know this.i read about him in a small article talking bout crypto exchange bosses a while ago but it didn't mention this.

Just like the article said hardly anyone from big banking goes to prison when money laundering,tax evasion and breaking sanctions occurs.yhey just pay fines.

failure to institute real anti money laundering security on their platform also shouldn't be a crime where they do prison time so..
 

Mrfreddygoodbud

Rising Star
BGOL Investor
Oh shit I didn't know this.i read about him in a small article talking bout crypto exchange bosses a while ago but it didn't mention this.

Just like the article said hardly anyone from big banking goes to prison when money laundering,tax evasion and breaking sanctions occurs.yhey just pay fines.

failure to institute real anti money laundering security on their platform also shouldn't be a crime where they do prison time so..

the crazy shit was, the same attitude that made him, also made him a target,

the I dont give a shit what yall think... it works for the those with that pale complexion

connection, its considered no nonsense, but when we do it, its TOO AGGRESSIVE..

the truth is tho,

When he came to nyc, flexing on those fronting ass cacs, pulling up in the orange lambo,

you KNOW they felt some kind of way, and the chase was on...

The fucked up shit is, they are saying money is being laundered through his exchange,

but they are not telling him what crime is being committed to label the transactions,

laundering...

they just need to throw a six figure fine at him and call it a day, the banking cartels are so full of shit,

they KNOW their days are numbered, they were too greedy for too long,

You KNOW how you KNOW their days are numbered.. all this time and NOW they want to put a SISTER on the 20 bill..!???!!

BRUH
 

An RnB Thug

El Capitan of The LOVE BOAT
Platinum Member
Hey yo..

Y'all muthafuckas aint tell me Bitmex

Was ran by a genius young billionaire Bruh...out of Asia..

Of course this govt is labeling him criminal

By charging him with outdated banking laws

They KNOW has no place in the world of crypto .

Damn shame they got bruh on the run..

Picked his self up by his bootstraps.

Now they coming after him AND the bootstraps...

Arthur Hayes is the bruhs name


And he is being terrorized by this govt for being an

International rags to mega riches story.

Long but extremely interesting read

On a young bruh making power moves in Asia

And this defacto gov't trying to bring a good man down again.



While i'm on his side he didn't play ball
The SEC will put pressure on ANYBODY who doesn't
Black or cac

Side Note - $VGX will take off again on Monday

You're welcome
 

Mrfreddygoodbud

Rising Star
BGOL Investor
what the fuck is going on with the central bank in nigeria, just seen a ticker,

where they are telling the banks to close all accounts of crypto users....

da fuck???
 

Mr.Mojo

Rising Star
Registered
tenor.gif


Fuckin wall flowers! I know you making bread today! Get ya back up off the wall ..dance c'mon!

Get down on it
Get down on it
Get down on it
Get down on it



:dance::mike::dance2:
 

xxxbishopxxx

Rising Star
BGOL Investor
what the fuck is going on with the central bank in nigeria, just seen a ticker,

where they are telling the banks to close all accounts of crypto users....

da fuck???


Nigeria Central Bank Orders Cryptocurrency Accounts to Close
By Ruth Olurounbi
2-3 minutes

Photographer: Akos Stiller/Bloomberg

Nigeria’s central bank ordered deposit-taking banks and other financial institutions to immediately close accounts transacting in or operating cryptocurrency exchanges, saying such deals are “prohibited.”
Failure to comply with the directive will result in “severe regulatory sanctions,” according to a circular sent to financial institutions on Friday and published on the central bank’s website.

The country’s Securities and Exchange Commission said in September it would regulate trade in digital currencies to provide protection for investors and to ensure that transactions are transparent.

The tough stance by the central bank of Africa’s largest economy comes after protests in October against the excesses of the police’s Special Anti-Robbery Squad, known as SARS, which saw organizers accepting Bitcoins for funding after the government allegedly blocked local payment platforms for collecting donations.
 

APOPHIS

Autodidact / Polymath
Platinum Member

Nigeria Central Bank Orders Cryptocurrency Accounts to Close
By Ruth Olurounbi
2-3 minutes

Photographer: Akos Stiller/Bloomberg

Nigeria’s central bank ordered deposit-taking banks and other financial institutions to immediately close accounts transacting in or operating cryptocurrency exchanges, saying such deals are “prohibited.”
Failure to comply with the directive will result in “severe regulatory sanctions,” according to a circular sent to financial institutions on Friday and published on the central bank’s website.

The country’s Securities and Exchange Commission said in September it would regulate trade in digital currencies to provide protection for investors and to ensure that transactions are transparent.

The tough stance by the central bank of Africa’s largest economy comes after protests in October against the excesses of the police’s Special Anti-Robbery Squad, known as SARS, which saw organizers accepting Bitcoins for funding after the government allegedly blocked local payment platforms for collecting donations.

SMH..

I'm beginning to think the role of ALL governments worldwide is to suppress the freedoms of the average citizen.
It appears that anything that threatens their grip on power and control is immediately ruled unlawful, illegal, or worse yet criminal.


In ideology, there is purpose.
In community, there is support.
In unity, there is strength.

RISE UP MY NIGERIAN BROTHAS AND SISTAS!
 

Mrfreddygoodbud

Rising Star
BGOL Investor

Nigeria Central Bank Orders Cryptocurrency Accounts to Close
By Ruth Olurounbi
2-3 minutes

Photographer: Akos Stiller/Bloomberg

Nigeria’s central bank ordered deposit-taking banks and other financial institutions to immediately close accounts transacting in or operating cryptocurrency exchanges, saying such deals are “prohibited.”
Failure to comply with the directive will result in “severe regulatory sanctions,” according to a circular sent to financial institutions on Friday and published on the central bank’s website.

The country’s Securities and Exchange Commission said in September it would regulate trade in digital currencies to provide protection for investors and to ensure that transactions are transparent.

The tough stance by the central bank of Africa’s largest economy comes after protests in October against the excesses of the police’s Special Anti-Robbery Squad, known as SARS, which saw organizers accepting Bitcoins for funding after the government allegedly blocked local payment platforms for collecting donations.

thats some fuckin bullshit, them central banks is controlled by europeans and they

want the Nigerian fam to NOT have alternatives to their CENTRALIZED banking...

Cyrptocurrency scares the shit out of oppressive european countries that

rob Africa of its resources everyday...

If Nigerians could get make their own money, they wont need Europeans anymore,

and fuckin Nigerians are lowkey geniuses, the amount of math wizards that come out

of Nigeria is a lowkey secret... they KNOW once Nigerians truly understand the concept

of crypto currency and other African Nations catch on...

Its a fuckin wrap for these oppressive euro nations that cannot survive without suckin

Africas Tits the fuckin little suckling piglets they are...

Nations dont understand the crypto was created as a big fuck YOU to banking...

and they could try all they want to... but they cannot stop it without..

SHUTTIN DOWN THE INTERNET and if they do that...

HA!!!!

The world will find common ground to unite and thats the last thing

the parasitic elite want..
 

Mrfreddygoodbud

Rising Star
BGOL Investor
Yep cash everything out it’s over.

nah its far from over.... there are wealthy nigerians who need to move their money AROUND the nigerian govt...

all they are doing is promoting creativity... remember crypto was created as a big

fuck you to banking..

I expect Monero and other privacy coins to be really big in nigeria..

its a big blow, but remember this is ALL a chess game..

the govt made a move, not its the peoples turn...
 

bubba2k5

Rising Star
BGOL Investor
Anyone have any experience with Mercatox or Bitfinex? Looking for somewhere to cash out this XinFin when the time is right.

Edit Nevermind, Bitfinex is off limits to US customers
 
Last edited:

gene cisco

Not A BGOL Eunuch
BGOL Investor
SMH..

I'm beginning to think the role of ALL governments worldwide is to suppress the freedoms of the average citizen.
It appears that anything that threatens their grip on power and control is immediately ruled unlawful, illegal, or worse yet criminal.


In ideology, there is purpose.
In community, there is support.
In unity, there is strength.

RISE UP MY NIGERIAN BROTHAS AND SISTAS!
It's obvious that government is here to control and that freedom is an illusion. 2020 was the year of 'do as I say, not as I do' for governments and government officials.

2021 is really about to show how governments hate for citizens to have any financial freedom. We already seen the 'wallet kyc' rule. It's live in some parts of the world. Coming to America like Eddie Murphy. Already see how they trying to tie bank secrecy act to crypto. And the bank secrecy act is one of the biggest piles of anti-freedom shit this government has come up with.

You know the U.S. is the king of having people fear-mongered into giving up their freedoms. Other countries should take note, but they never do. :smh: How long before it's unlawful for self-storage of crypto? All in the name of anti-terrorism and protecting you of course. MSM will play its part. U.S. knows how the fuck to do it.
 

APOPHIS

Autodidact / Polymath
Platinum Member
It's obvious that government is here to control and that freedom is an illusion. 2020 was the year of 'do as I say, not as I do' for governments and government officials.

2021 is really about to show how governments hate for citizens to have any financial freedom. We already seen the 'wallet kyc' rule. It's live in some parts of the world. Coming to America like Eddie Murphy. Already see how they trying to tie bank secrecy act to crypto. And the bank secrecy act is one of the biggest piles of anti-freedom shit this government has come up with.

You know the U.S. is the king of having people fear-mongered into giving up their freedoms. Other countries should take note, but they never do. :smh: How long before it's unlawful for self-storage of crypto? All in the name of anti-terrorism and protecting you of course. MSM will play its part. U.S. knows how the fuck to do it.

All the more reason for DEXs to become widely adopted.

Governments are painting themselves into a corner and showing that THEY are the enemy. People all over are beginning to feel their rights to live freely is being trampled on, from far-right conservatives to leftist liberals, they all feel the strain around their necks and are rebelling however they can.

I really do feel like this century will impact humanity for the next 500 years to come.
We either fight and become free to live as we should, or submit under the rule of government oppression.
 

T.H.E. Brew$er

Rising Star
BGOL Investor
how do you compare it to Nexo?

Celsius compares very well to NEXO in my opinion.

I first heard about NEXO during its pre-sale days and was interested but could not get in.

Brought some sold some along the way. Moon bag is currently up 581% so I ain't mad at it... hell, I need to park some tokens there and get the dividend and Nexo Card (Celsius has no card, yet)...

Comparing the two on stats, Celsius does pay a higher interest rate than NEXO, CEL is higher ranked, more than twice the marketcap, lower daily trading volume (more HODLing) and a lower circulating and total supply (more scarce).

CEL
ROI 1584.0%
Rank 35
Market Cap
$1,925,954,035
24 Hour Trading Vol
$8,662,226
24h Low / 24h High
$4.90 / $5.08
Circulating Supply
383,306,566 / 695,658,160

NEXO
ROI 1360.5%
Rank 65
Market Cap
$766,693,314
24 Hour Trading Vol
$34,670,290
24h Low / 24h High
$1.31 / $1.71
Circulating Supply
560,000,010 / 1,000,000,000

NEXO is good, it's a top 100 project. But in my opinion Celsius is on another level. As always, DYOR


The whole crypto lending space is heating up right along with DeFi. It actually kept pumping when DeFi took a breather last year. Don't sleep on SALT or RCN. Both are due for some nice price action.
 

tpotda

Rising Star
Registered
You think it's better to allocate more funds toward these lenders like celsius and nexo or the defi coins right now? Only defi coins i currently hold besides Eth are Link, SNX and AAVE

Celsius compares very well to NEXO in my opinion.

I first heard about NEXO during its pre-sale days and was interested but could not get in.

Brought some sold some along the way. Moon bag is currently up 581% so I ain't mad at it... hell, I need to park some tokens there and get the dividend and Nexo Card (Celsius has no card, yet)...

Comparing the two on stats, Celsius does pay a higher interest rate than NEXO, CEL is higher ranked, more than twice the marketcap, lower daily trading volume (more HODLing) and a lower circulating and total supply (more scarce).

CEL
ROI 1584.0%
Rank 35
Market Cap
$1,925,954,035
24 Hour Trading Vol
$8,662,226
24h Low / 24h High
$4.90 / $5.08
Circulating Supply
383,306,566 / 695,658,160

NEXO
ROI 1360.5%
Rank 65
Market Cap
$766,693,314
24 Hour Trading Vol
$34,670,290
24h Low / 24h High
$1.31 / $1.71
Circulating Supply
560,000,010 / 1,000,000,000

NEXO is good, it's a top 100 project. But in my opinion Celsius is on another level. As always, DYOR


The whole crypto lending space is heating up right along with DeFi. It actually kept pumping when DeFi took a breather last year. Don't sleep on SALT or RCN. Both are due for some nice price action.
 

APOPHIS

Autodidact / Polymath
Platinum Member
?????? What is this^^^^^^^^^^^^^^


It represents who hold the largest bags of crypto in the market. Most assumed until this graph that the whales were the major holders of BTC, but as show above, the majority of the issued tokens are held by folks with less than 1 BTC in their wallets.
 

xxxbishopxxx

Rising Star
BGOL Investor
Don't forget about the Chinese New Year 12 days.... Bitcoin normally goes down during this 12 day period.

 

gene cisco

Not A BGOL Eunuch
BGOL Investor
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