Put the board on$OMT headed to the celestial realm to visit the ancestors on Juneteenth
Official BGOL Crypto Currency Thread ★★★★★
- Thread starter Matt Beesy
- Start date
China is kicking out more than half the world’s bitcoin miners – and a whole lot of them could be headed to Texas
www.cnbc.com
China has long been home to more than half the world’s bitcoin miners, but now, Beijing wants them out ASAP.
In May, the government called for a severe crackdown on bitcoin mining and trading, setting off what’s being dubbed in crypto circles as “the great mining migration.” This exodus is underway now, and it could be a game changer for Texas.
Mining is the energy-intensive process which both creates new coins and maintains a log of all transactions of existing digital tokens.
Despite a lack of reserves that caused dayslong blackouts last winter, Texas often has some of the world’s lowest energy prices, and its share of renewables is growing over time, with 20% of its power coming from wind as of 2019. It has a deregulated power grid that lets customers choose between power providers, and crucially, its political leaders are very pro-crypto – dream conditions for a miner looking for a kind welcome and cheap energy sources.
“You are going to see a dramatic shift over the next few months,” said Brandon Arvanaghi, previously a security engineer at crypto exchange Gemini. “We have governors like Greg Abbott in Texas who are promoting mining. It is going to become a real industry in the United States, which is going to be incredible.”
China is kicking out more than half the world’s bitcoin miners – and a whole lot of them could be headed to Texas
China is in the process of kicking out all its bitcoin miners, and many of them could be headed to Texas.
China has long been home to more than half the world’s bitcoin miners, but now, Beijing wants them out ASAP.
In May, the government called for a severe crackdown on bitcoin mining and trading, setting off what’s being dubbed in crypto circles as “the great mining migration.” This exodus is underway now, and it could be a game changer for Texas.
Mining is the energy-intensive process which both creates new coins and maintains a log of all transactions of existing digital tokens.
Despite a lack of reserves that caused dayslong blackouts last winter, Texas often has some of the world’s lowest energy prices, and its share of renewables is growing over time, with 20% of its power coming from wind as of 2019. It has a deregulated power grid that lets customers choose between power providers, and crucially, its political leaders are very pro-crypto – dream conditions for a miner looking for a kind welcome and cheap energy sources.
“You are going to see a dramatic shift over the next few months,” said Brandon Arvanaghi, previously a security engineer at crypto exchange Gemini. “We have governors like Greg Abbott in Texas who are promoting mining. It is going to become a real industry in the United States, which is going to be incredible.”
Thanks
LMAO! But my stanking ass momma tho?
Don't take me so seriously. We clown on this board. Don't bring no lazy ass questions in here! Show some effort and the help will come pouring in.
Hey I feel ya..
What you want to ask is??
You want a dirt cheap coin preferably
One under a penny...
In addition ....one with a great chance...
Of blowing the fuck up..
So in due time my five hundred dollar investment..
Will have me chilling in club lambo..sipping moet out the crack of the finest ho
In my private VIP
.room..
The way I started out is
I googled the most promising crypto for the month and year of....(current date)
Then Google each coins white paper..
It will tell you everything you need to know...
The most important things are..
Market cap..how many coins in circulation times coin price..
Do you think the coin has real world value.
Or just joke coins..
Strictly for well timed quick pump and dumps but avoid at all cost
As you start out.
You looking for real world value.
But chea...
The lower the MARKETCAP better
Your chances of cashing out
..
And sipping drinks
From the titty cracks of the finest hoes..
Just don't forget to start a trust...and put all that shit in another kniggas name..
And have your shell
.ahem I mean investments overseas..
Seriously tho..
Find what coins are getting that buzz
Read that white paper
Peep that market cap..
And don't let the fluctuations
Give you weak hands
Meaning the slightest bit of bad news or the bottom
Of a fluctuating crypto scare you into
Selling everything.m
So many folks are panic selling now
Because of a simple temp low fluctuation.with crypto..it the solid coins will go back up..
When bitcoin pops again..
Be prepared to wait out that shit for two to five years if you have to..
Fuck the basehits
You want VIP in club lambo
Its game
LONGBALL...
Market manipulation is weak as fuck against
Game
Long ball
If you got weak hands
This game is not for those guys
They need to keep their money in a savings account.
And enjoy their
.1 annual percent interest rate..
If you personally want a sure bet...
With Elin musk behind it dogecoin
Went from shit joke
To a serious player.
If it drops below twenty cents...
I'm going in....
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Good info + remember the HODLERs are the ones that win in the end.
Yeah Doge was the #3 coin based on volume last month
BTC went from a penny to $60K, but how many were able to hold that long.
HODL is the motto.
Bruh many dudes became hundred thousand and qtr millionaires
Just off XRP alone....
Lost a lot because of market manipulation
But
Right up here in this thread....
Kniggas done cashed out lovely..
And went back in even harder...
I personally know of a dude who quit his job..
To day trade.....
He delivers food for door dash when he is hodling hard..
And just purchased his first investment home
He said nothing like the worry free life
When you can flip money without a middleman..
Once he understood the basics of flipping crypto...
He said he never in his life felt so financially empowered....
Hey they KNOW a lot of bruhs are winning in the crypto game...
I been in it for a minute..
And the fuckery didn't start Untill
The govt forced
This kyc shit aka
Know your customer..
Where you have to provide I.d proving you are who
You say you are..or you can't trade..
Bruh they saw all them dark faces...
Next thing you know
Xrp crashed fuckin hard...
And the fuckery began...
But information /knowledge and patience......
Is undefeated in the crypto world...
Following trends...without doing your own research
Well you get what you get...
And we know better!!
Again fuck that base hit
We hitting that shit over the wall
Uh y'all mot gonna believe this shit...
Man invested 20 dollars..
Became a trillionaire overnight....
www.newsweek.com
You know good and damn well that's a glitch...
Homie was tryin to move that money with the quickness exchange was like
Not so fast muthafucka
We need confirmation .....LOL
www.newsweek.com
Man invested 20 dollars..
Became a trillionaire overnight....
Man Invests $20 in Obscure Cryptocurrency, Temporarily Becomes Trillionaire
Sadly for Chris Williamson, he is unable to withdraw his $1.4-trillion fortune. He believes his newfound wealth was due to a glitch in the Coinbase system.
www.newsweek.com
You know good and damn well that's a glitch...
Homie was tryin to move that money with the quickness exchange was like
Not so fast muthafucka
We need confirmation .....LOL
Man Invests $20 in Obscure Cryptocurrency, Temporarily Becomes Trillionaire
Sadly for Chris Williamson, he is unable to withdraw his $1.4-trillion fortune. He believes his newfound wealth was due to a glitch in the Coinbase system.
www.newsweek.com
you ain't lying bruh
so many ways to make income streams with and through crypto
I hope all you brothers know about staking, pooling and making passive income with Celsius Network and other places.
If not here's my Celsius referral (we both get paid)
https://celsius.network/
142266c447
yea its a great long play.. they are a serious team and
the idea of paying for storage space and a lot of future potential,
it grew a lot.. just a year a go it was what like
.oooo2 hit five cents.. and then taking a lil super dip right now...
its one of the many crypto that moves with bitcoin...
its inevitable that bitcoin will reach over a hundred thousand
in five years.. and many crypto will follow....
I only have fifty thousand sia coins tho... I really should
buy more?
how many you got in your portfolio??
Yeah it's a solid project with utility value.
I was just working on my FileCoin bag until I got bullish on Sia a few months ago. A 50K sack is solid i got a tenth of that. I started getting rewards with Unmineable to finish filling up that bag.
Where are you storing your sia?
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Goldman Sachs Becomes First Major Bank to Begin Trading Bitcoin - Who’s Next?
Despite bitcoin’s apparent lull after plunging over 30% from its historic high in May, institutional interest in bitcoin is still rising. United States investment bank Goldman Sachs has launched a bitcoin (BTC) futures trading product for its clients in partnership with Mike Novogratz’s crypto merchant bank, Galaxy Digital.
Goldman Sachs’ Bitcoin Adventure
Galaxy Digital will provide liquidity to the bank, according to a report by CNBC. Liquidity providers, otherwise known as market makers, scoop up vast amounts of a given asset before selling them to the next interested party. This means that Goldman Sachs’ clients can always purchase bitcoin regardless of the market conditions.
Notably, this is the first the Wall Street giant has teamed up with a crypto-focused liquidity provider since reinstating its cryptocurrency trading desk in March after a three-year break. The bank is now set to offer the Chicago Mercantile (CME) Group Bitcoin Futures to its clients, marking an effort to expand its newly-reopened trading desk.
Goldman Sachs Asia Pacific head of digital assets, Max Minton, observed that the bank is responding to demand from its clients:
“Our goal is to equip our clients with best-execution pricing and secure access to the assets they want to trade. In 2021, this now includes crypto, and we are pleased to have found a partner with a broad range of liquidity venues and differentiated derivatives capabilities spanning the cryptocurrency ecosystem.”
Galaxy Digital co-president Damien Vanderwilt said the firm is providing a pathway to the cryptoverse, enabling a highly regulated banking institution like Goldman to offer crypto-based investment vehicles. Vanderwilt also noted that Goldman Sachs’ move will likely encourage other major banks to give crypto a shot. And when more banks allow their institutional clients to trade bitcoin, the cryptocurrency’s notorious volatility is bound to decrease.
It’s worth mentioning that Goldman Sachs is also planning to offer ether (ETH) futures and options in the coming months.
Despite the investment bank’s latest move, not everyone at Goldman is sold on digital currencies. Just days ago, Goldman’s Investment Strategy Group released a report titled “Digital Assets: Beauty Is Not in The Eye of the Beholder” asserting that cryptocurrencies are not a “viable investment” for its clients.
zycrypto.com
Despite bitcoin’s apparent lull after plunging over 30% from its historic high in May, institutional interest in bitcoin is still rising. United States investment bank Goldman Sachs has launched a bitcoin (BTC) futures trading product for its clients in partnership with Mike Novogratz’s crypto merchant bank, Galaxy Digital.
Goldman Sachs’ Bitcoin Adventure
Galaxy Digital will provide liquidity to the bank, according to a report by CNBC. Liquidity providers, otherwise known as market makers, scoop up vast amounts of a given asset before selling them to the next interested party. This means that Goldman Sachs’ clients can always purchase bitcoin regardless of the market conditions.
Notably, this is the first the Wall Street giant has teamed up with a crypto-focused liquidity provider since reinstating its cryptocurrency trading desk in March after a three-year break. The bank is now set to offer the Chicago Mercantile (CME) Group Bitcoin Futures to its clients, marking an effort to expand its newly-reopened trading desk.
Goldman Sachs Asia Pacific head of digital assets, Max Minton, observed that the bank is responding to demand from its clients:
“Our goal is to equip our clients with best-execution pricing and secure access to the assets they want to trade. In 2021, this now includes crypto, and we are pleased to have found a partner with a broad range of liquidity venues and differentiated derivatives capabilities spanning the cryptocurrency ecosystem.”
Galaxy Digital co-president Damien Vanderwilt said the firm is providing a pathway to the cryptoverse, enabling a highly regulated banking institution like Goldman to offer crypto-based investment vehicles. Vanderwilt also noted that Goldman Sachs’ move will likely encourage other major banks to give crypto a shot. And when more banks allow their institutional clients to trade bitcoin, the cryptocurrency’s notorious volatility is bound to decrease.
It’s worth mentioning that Goldman Sachs is also planning to offer ether (ETH) futures and options in the coming months.
Despite the investment bank’s latest move, not everyone at Goldman is sold on digital currencies. Just days ago, Goldman’s Investment Strategy Group released a report titled “Digital Assets: Beauty Is Not in The Eye of the Beholder” asserting that cryptocurrencies are not a “viable investment” for its clients.
Goldman Sachs Becomes First Major U.S. Bank To Begin Trading Bitcoin - Who's Next?
Despite bitcoin’s apparent lull after plunging over 30% from its historic high in May, institutional interest in bitcoin is still rising.
zycrypto.com
Uh y'all mot gonna believe this shit...
Man invested 20 dollars..
Became a trillionaire overnight....
Man Invests $20 in Obscure Cryptocurrency, Temporarily Becomes Trillionaire
Sadly for Chris Williamson, he is unable to withdraw his $1.4-trillion fortune. He believes his newfound wealth was due to a glitch in the Coinbase system.
You know good and damn well that's a glitch...
Homie was tryin to move that money with the quickness exchange was like
Not so fast muthafucka
We need confirmation .....LOL
Man Invests $20 in Obscure Cryptocurrency, Temporarily Becomes Trillionaire
Sadly for Chris Williamson, he is unable to withdraw his $1.4-trillion fortune. He believes his newfound wealth was due to a glitch in the Coinbase system.
There's no rocket bunny on coinbase..
Remember way back when BTC hit $20k and Coinbase mysteriously wouldn't let anyone withdraw any money from their BTC sells for a couple of days moved my shit to Crypto.com and split some up between Robinhood and Cashapp thank god for more options
LOL then what the fuck they talkin about
Lol @rocket bunny
These coins gettinn worse than porn movie titles
Where are you buying Siacoin? I had some back in the poloniex days.
Kraken
Right now 5000 Siacoin for $65.96 on crypto.com
Use my referral link https://crypto.com/app/ydb7dpmq72 to sign up for Crypto.com and we both get $25 USD
You got the crypto.com card yet?Right now 5000 Siacoin for $65.96 on crypto.com
Use my referral link https://crypto.com/app/ydb7dpmq72 to sign up for Crypto.com and we both get $25 USD
Coinbase has a wallet that will hold any coin. I have rocket bunney, im also a trillionaire lol. Its a glitch
Tried using your referral link but it didn’t workRight now 5000 Siacoin for $65.96 on crypto.com
Use my referral link https://crypto.com/app/ydb7dpmq72 to sign up for Crypto.com and we both get $25 USD
Right now 5000 Siacoin for $65.96 on crypto.com
Use my referral link https://crypto.com/app/ydb7dpmq72 to sign up for Crypto.com and we both get $25 USD
trying to use the link but the code doesnt automatically populate the field, is the code the last alpha-numeric characters in teh link
you provided..
What are you all buying today?
I bought Algorand and Alliance Block (ALBT)
So this makes it easier to search all crypto coins on all platforms or just Ethereum on different platforms?
As far as I know it's Just Ethereum for now.
Other projects are in the process of building theirs out.