Official BGOL Crypto Currency Thread ★★★★★
- Thread starter Matt Beesy
- Start date
I see some rich kids who would never let that exchange fail. I still think CZ is smarter than SBF, but the money behind that coin not failing is in the billions. I don't know of it will get to BNB's level. I'll probably sell everything before that happens anyway either late this year or early next year.
I know those bags looking good right now. Looks like Cardano set to hit next month and ETH still ain't sorted the fees out.I can't tell the future, but Cardano will likely hit the ground running as far as Dapps. I'm looking forward to Liqwid starting starting up after smart contracts hit mainnet. The founders are talking like they are on schedule and are basically waiting for Goguen. I think I read there was another team working on a another DEFI app as well.
I remember initially feeling like CH had that con man vibe but so far he has delivered and in truth engages with the community alot. IOG also does a great job of overall communicating to the community as well as getting them involved. From a communicating standpoint Cardano probably has the best team in the space.
I don't know about 20 but anything is possible. Before BTC started running I was planning to sell at .30 on the low end and .65 definitely take profits. The change in the market made me reset to low end 1.25 and maybe 2 to 3 to take profits. I've always felt that if XRP hit over 3 in the last bull market with 2 or three times the supply. Ada shouldn't have much of a problem doing the same or better this cycle.
Liqwid Finance
Liqwid is a non-custodial liquidity market protocol for lending and borrowing on Cardano, offering fast, affordable, and transparent liquidity solutions.www.liqwid.finance
And these crypto projects don't have any loyalty.Since your post, the environment angle has also become a big deal. Cardano is also eco-friendly. Bitch even has the store-of-value narrative now and gives 5-6% returns via staking.
Jesus this thing could blow.
I don’t like $ADA because the float is massive but I think people are sleeping on it and $LTC as far as the main coins.I know those bags looking good right now. Looks like Cardano set to hit next month and ETH still ain't sorted the fees out.
Since your post, the environment angle has also become a big deal. Cardano is also eco-friendly. Bitch even has the store-of-value narrative now and gives 5-6% returns via staking.
Jesus this thing could blow.
Shit coins popping off daily though on BitMart. Trump and Snoop Dog even got shit coins on there that are destined to hit the $0.01 - $1.00 range with more hype. Snoop’s already hit $7 at the height and is at $0.04 now.
I hope none of you brothas bought $PRP / PharmaPay Coin. Opened at $2.00 and dropped straight to $0.001.
uh... that should not be surprising to anyone that been in this game for a minute...
is this coin pro or anti big pharma..
if its the latter I sense a bit of fuckery and wouldnt panic....
but this definitely sounds like the whales came up from the deep
to feed on sardines
Is ADA part of your team CLASSIC??
If not it should be...!
How savvy crypto investors dont have some Ada in their
portfolio is mind-boggling.... ?
Got in at ten cents..just wish I bought more.
Always jumps up this time of year like clock work
Nice to see he's still around.
Yep.
He's in a big lawsuit and claims that Defi was his original idea.
He got patents and filings to prove his work was infringed on.
Billions on the line.
Man I gave up on that shit a while ago.all I read were good things but it never made me any money.
Float don't matter much when banks got to keep printing funny money and it has to end up somewhere. Nominal marketcap ain't shit to the big boys. It only impresses those who don't know how fiat works.
As with anything, crypto breaks down into groups. My groups is now better than yours.
I been in crypto long enough to remember when bitcoin was just money. There was no store of value narrative. Now all MOST talk about is store of value. I told cats in the winter to get 'clean' bitcoin and look what happened with Musk and green energy narrative. It will only get worse as they ban old school bitcoin. Plus, those mining operations are easy targets. U.S. get drone happy what happens to Hash?
I say all that to say ETH/ADA or something like them(POS) will be top dogs, but still stack BTC. Just know all the weaknesses. The store of value is already gaining steam with them.
And with doge, don't bet against network effect there either. I hate doge, but it's around every fucking cycle. Money is money.
Its still early its a long play.. but that rocket
is going to launch...
bruh dont let there be another stimulus check...
Float don't matter much when banks got to keep printing funny money and it has to end up somewhere. Nominal marketcap ain't shit to the big boys. It only impresses those who don't know how fiat works.
As with anything, crypto breaks down into groups. My groups is now better than yours.
I been in crypto long enough to remember when bitcoin was just money. There was no store of value narrative. Now all MOST talk about is store of value. I told cats in the winter to get 'clean' bitcoin and look what happened with Musk and green energy narrative. It will only get worse as they ban old school bitcoin. Plus, those mining operations are easy targets. U.S. get drone happy what happens to Hash?
I say all that to say ETH/ADA or something like them(POS) will be top dogs, but still stack BTC. Just know all the weaknesses. The store of value is already gaining steam with them.
And with doge, don't bet against network effect there either. I hate doge, but it's around every fucking cycle. Money is money.
Hey bruh,
You seen that Visa, fuckin VISA invested in one of those cyber punk NFT shits..
they bought a digital character for a hundred and fifty thousand, setting off a small
buying frenzy at cyber punk...??
Im still pondering on the muthafucka that spent almost a milly in ethereum to purchase
some digital real estate in some game bruh....
he paid more for land that could only exist in cyber space...
than people actually pay to own real land..
do you know how much REAL farm land 800 thousand dollars
couldve gotten him in middle america....??
But chea.. bitcoin will always be the default crypto but its going
to have some company in that top dog spot.. and yea everybody knew
the energy consumption thing will cause bitcoin to lose some of its steam..
so much shit going on in the world of blockchain.. no way in the fuckin world
you can have a regular job and keep up with all this, and the good news is,
if you just a have the smallest idea what you are doing...
youd never have to go back to that shit ever again...
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I know those bags looking good right now. Looks like Cardano set to hit next month and ETH still ain't sorted the fees out.
Since your post, the environment angle has also become a big deal. Cardano is also eco-friendly. Bitch even has the store-of-value narrative now and gives 5-6% returns via staking.
Jesus this thing could blow.
I took profits close to where I wanted, but I still have more than enough left over. I'm debating taking more profits between 5 to 10. It'll be interesting to see what projects come out in the next few months that are worth investing in. Liqwid is still at the top of my list.
I'm hoping Matic can get over 6 in the future as well.
Side note for those who are going to use your profits to buy a house. Make sure you wait the 60 to 90 days after selling before trying to get a loan for a mortgage. Technically banks will not care about any large funds in your account as long as it's been there for 60 days, but over 60 will ensure they don't need to question where it came from.. I forgot about the rule because I wasn't really planning to pull the trigger so early after moving the funds. I had an issue with proving where the funds were coming from because most of the exchanges don't provide monthly statements. I'd recommend using Gemini to make sells or at least transfer from Gemini to your back account.
I didn't check every exchange, but of the main exchanges I use Gemini was the only one who provided monthly statements. Unfortunately for me, I didn't make any sells or trades on Gemini. Luckily I was able to resolve the issue and even if I had not been able to I could have bought the house outright. Binance.US was no help at all and refused to provide anything outside of a useless excel spreadsheet. I was able to get some info from Coinbase by requesting information about my privacy Data, but technically they didn't have to do that. The exception being if you live in California. I did the same request with Binance.US and they refused because of that fact.
Hey Im trying to tell folks you need some cardano in your
longplay crypto portfolio...
just like you need some blackberry in your longplay stock portfolio..
longplay crypto portfolio...
just like you need some blackberry in your longplay stock portfolio..
Here's the thing with bitcoin. Too many criminals got that shit from when it was money. So you really think the bankers going to let them cash out? Hell no. That's why 'clean' bitcoin is going for a premium. Cats who sitting on that shit and haven't switched old btc to clean btc going to be in for a rude awakening. The environment, money laundering, and terrorism will be the goto excuses to confiscate 'old' btc. They just getting started with that.
You bring up virtual land. Crypto will never really catch on as money in the real world(stable coins don't count to me). It will be used for money in the virtual world. These virtual assets will eventually be transferable across platforms/virtual worlds. Money will never leave the virtual world. So virtual land, buildings, car, clothing, music, art, pets, food, etc all will have value. It will be passed around families. Kids will grow up with virtual assets. Shit will be in wills and estate planning.
Cats who play games basically doing virtual jobs for virtual money already. Think Madden 22 and grinding for packs. They then turn around and make profit on the valuable ones. IRS says it ain't taxable as long as it stays in the virtual world.
IRS will eventually come to tax it, but we're years away.No fiat gatekeepers for the virtual world but the assets are assets all the same. I love this shit.
Guess where they will build all that shit? On platforms(Eth,ADA, Solana, etc).Take this info and go get richer. We early as hell.
You want to laugh? How many Afghanis you think got rocks(gold/silver) or cash past all those AK-47 taliban? Meanwhile, if they had their seed phrase for digital assets memorized they keep their wealth.
Here's the thing with bitcoin. Too many criminals got that shit from when it was money. So you really think the bankers going to let them cash out? Hell no. That's why 'clean' bitcoin is going for a premium. Cats who sitting on that shit and haven't switched old btc to clean btc going to be in for a rude awakening. The environment, money laundering, and terrorism will be the goto excuses to confiscate 'old' btc. They just getting started with that.
You bring up virtual land. Crypto will never really catch on as money in the real world(stable coins don't count to me). It will be used for money in the virtual world. These virtual assets will eventually be transferable across platforms/virtual worlds. Money will never leave the virtual world. So virtual land, buildings, car, clothing, music, art, pets, food, etc all will have value. It will be passed around families. Kids will grow up with virtual assets. Shit will be in wills and estate planning.
Cats who play games basically doing virtual jobs for virtual money already. Think Madden 22 and grinding for packs. They then turn around and make profit on the valuable ones. IRS says it ain't taxable as long as it stays in the virtual world.
No fiat gatekeepers for the virtual world but the assets are assets all the same. I love this shit.
Guess where they will build all that shit? On platforms(Eth,ADA, Solana, etc).Take this info and go get richer. We early as hell.
You want to laugh? How many Afghanis you think got rocks(gold/silver) or cash past all those AK-47 taliban? Meanwhile, if they had their seed phrase for digital assets memorized they keep their wealth.
hey if they official *poppy seed growers, they have ZERO PROBLEM passing by those
ak-47 they on that HEROIN payroll bruh...
The Taliban is usa muscle to protect their piece
of the heroin trade..
without drugs and human trafficking this corporation u.s.a we
been mindfucked through education to think is a country,
simply could not exist.
its whole foundation is founded on HUMAN TRAFFICKING
see WALL STREETS FIRST STOCKS and BONDadage.
the whole fuckin economy would collapse if
the world really policed human trafficking and didnt
participate in it...
sheet every time you see them all asian nail salons
in the hood..
you thinking another foreign business in the hood.
you aint thinkin human traffick victims...
I bet if most folks from the hood understood that
they would be fighting the owners not the victims....
but I digress..
yea folks in this thread is waaay early in the crypto game...
the real FOMO is..
KNOWING ten years from know you gonna look back and be like...
I fucking knew I shouldve held on to that...
LOL
Here's the thing with bitcoin. Too many criminals got that shit from when it was money. So you really think the bankers going to let them cash out? Hell no. That's why 'clean' bitcoin is going for a premium. Cats who sitting on that shit and haven't switched old btc to clean btc going to be in for a rude awakening. The environment, money laundering, and terrorism will be the goto excuses to confiscate 'old' btc. They just getting started with that.
You bring up virtual land. Crypto will never really catch on as money in the real world(stable coins don't count to me). It will be used for money in the virtual world. These virtual assets will eventually be transferable across platforms/virtual worlds. Money will never leave the virtual world. So virtual land, buildings, car, clothing, music, art, pets, food, etc all will have value. It will be passed around families. Kids will grow up with virtual assets. Shit will be in wills and estate planning.
Cats who play games basically doing virtual jobs for virtual money already. Think Madden 22 and grinding for packs. They then turn around and make profit on the valuable ones. IRS says it ain't taxable as long as it stays in the virtual world.
No fiat gatekeepers for the virtual world but the assets are assets all the same. I love this shit.
Guess where they will build all that shit? On platforms(Eth,ADA, Solana, etc).Take this info and go get richer. We early as hell.
You want to laugh? How many Afghanis you think got rocks(gold/silver) or cash past all those AK-47 taliban? Meanwhile, if they had their seed phrase for digital assets memorized they keep their wealth.
Oh and as far and crypto currency not really catching on as a means of buying and selling...
I will have to disagree with you.. now if you are saying just THIS generation you would be correct..
but as we slowly direct our children into things like software development and of course
blockchain technology, they will be waaaaaay more crypto savvier at an early age, than we were
crypto millionaires will almost be expect in the next few generations...
I see crypto winning banks having to yield thier gluttony and the population having more control
over their digital assets...
a hundred years from now, bruhs will be cashing out in street dice games...
using their wifi nano S wallet...
Amazon will be accepting Monero... lol
Can you break this down to some1 who's never been much of a gamer? Does this mean only the gamers will come out on top?
Here's the thing with bitcoin. Too many criminals got that shit from when it was money. So you really think the bankers going to let them cash out? Hell no. That's why 'clean' bitcoin is going for a premium. Cats who sitting on that shit and haven't switched old btc to clean btc going to be in for a rude awakening. The environment, money laundering, and terrorism will be the goto excuses to confiscate 'old' btc. They just getting started with that.
You bring up virtual land. Crypto will never really catch on as money in the real world(stable coins don't count to me). It will be used for money in the virtual world. These virtual assets will eventually be transferable across platforms/virtual worlds. Money will never leave the virtual world. So virtual land, buildings, car, clothing, music, art, pets, food, etc all will have value. It will be passed around families. Kids will grow up with virtual assets. Shit will be in wills and estate planning.
Cats who play games basically doing virtual jobs for virtual money already. Think Madden 22 and grinding for packs. They then turn around and make profit on the valuable ones. IRS says it ain't taxable as long as it stays in the virtual world.
No fiat gatekeepers for the virtual world but the assets are assets all the same. I love this shit.
Guess where they will build all that shit? On platforms(Eth,ADA, Solana, etc).Take this info and go get richer. We early as hell.
You want to laugh? How many Afghanis you think got rocks(gold/silver) or cash past all those AK-47 taliban? Meanwhile, if they had their seed phrase for digital assets memorized they keep their wealth.
yea man im going to sit and forget. on the dev side the project is adding features and they are also hosting programs on defi and teaching minority programmers on the ecosystem. with the western union rumor and the chain being used in remittance corridors you would think it would be moving.
El Salvador president announces infrastructure already being built ahead of country's Bitcoin adoption
cointelegraph.com
bruh is causing central bankers and world govts to start getting a lil shakey
at the knees... I expect some economic fuckery from outside influences...
if things to a lil too well
El Salvador president announces infrastructure already being built ahead of country's Bitcoin adoption
According to El Salvador president Nayib Bukele, the country has started building infrastructure with 50 branches and 200 ATMs capable of withdrawing or depositing fiat for residents to hold or liquidate their crypto.
cointelegraph.com
bruh is causing central bankers and world govts to start getting a lil shakey
at the knees... I expect some economic fuckery from outside influences...
if things to a lil too well
It's comingEl Salvador president announces infrastructure already being built ahead of country's Bitcoin adoption
El Salvador president announces infrastructure already being built ahead of country's Bitcoin adoption
According to El Salvador president Nayib Bukele, the country has started building infrastructure with 50 branches and 200 ATMs capable of withdrawing or depositing fiat for residents to hold or liquidate their crypto.
bruh is causing central bankers and world govts to start getting a lil shakey
at the knees... I expect some economic fuckery from outside influences...
if things to a lil too well
explain this a little further please bruh....bc i need to know so i can relay it to the family.
Say man, you have to study banking and finance more in-depth. This shit is scary man. Why do you think the anti-money laundering laws didn't kick off until the 1980s? Remember, we just been into fake money since the U.S. went off the gold standard in 1971. Since all other fiat is tied to the dollar, they got to keep the shitshow going. Bottom line is bankers ain't letting go and the governmentS can't let them go away.
You see how the IMF came at El Salvador? Damn right they did because bitcoin is real money(compared to fiat) while fiat is just digits created by bankers. It's debt fam. BTC isn't debt.
Once CBDC takes off, it's over. Rich get richer for real. Ain't no turning back this clock.
They going to keep this interest rate game up until the wheels fall off. Because the only thing they can do at this point is fucking pretend. They trot out Yellen, Gensler, or some other Jew of the week and put some FUD out. Markets react. Or they try to slow down the velocity of money with fear and doom COVID news. They can't ban crypto because they need the taxes. Crash the stocks and housing and who pays taxes?
Just follow what the bankers DO, not say. They ain't going no where. If they do, all this shit is over. It's Mad Max time. Ain't even a society.
Well, gamers don't even know what they sitting on right now. Most crypto folks don't either. These worlds haven't even come together yet in an efficient manner. Let me try to break it down in rambling text.
With NFTs, you get to own something unique, right. So some roblox youtuber creates a unique NFT for the game. Fan buys it. They put fiat into the world to buy it. Let's say the buyer get sick of the NFT and want to sell it. So they sell it for crypto that sits in an account that they can then buy other virtual shit with OUTSIDE of roblox. The money(value) will never, ever have to be cashed out.
Developers can get a piece of transactions like exchanges. A virtual sales tax if you will. IRS is going to have a nightmare on its hands.
In the future, they will tie these to ID solutions like Cardano is working on in Ethiopia. Where all your virtual assets are tied to an ID you don't have to KYC.
Bottom line is the virtual world will be huge.
I mentioned this earlier in the year. I was hearing more and more from cats who had old BTC that got their shit held. So I started telling folks to flip btc through coinbase if you are American.
If you have 'old' bitcoin or some hot shit from Binance from 2017, switch that shit on Coinbase ASAP. Trade to something else on another platform. Send it to coinbase. And get some of their 'legit' BTC. Don't use any of that monero shit. Just use a regular crypto that coinbase supports.
I'm surprised most criminal coins aren't cleaned thru cake wallet and turned into monero then back to BTC.
Say man, you have to study banking and finance more in-depth. This shit is scary man. Why do you think the anti-money laundering laws didn't kick off until the 1980s? Remember, we just been into fake money since the U.S. went off the gold standard in 1971. Since all other fiat is tied to the dollar, they got to keep the shitshow going. Bottom line is bankers ain't letting go and the governmentS can't let them go away.
You see how the IMF came at El Salvador? Damn right they did because bitcoin is real money(compared to fiat) while fiat is just digits created by bankers. It's debt fam. BTC isn't debt.
Once CBDC takes off, it's over. Rich get richer for real. Ain't no turning back this clock.
They going to keep this interest rate game up until the wheels fall off. Because the only thing they can do at this point is fucking pretend. They trot out Yellen, Gensler, or some other Jew of the week and put some FUD out. Markets react. Or they try to slow down the velocity of money with fear and doom COVID news. They can't ban crypto because they need the taxes. Crash the stocks and housing and who pays taxes?
Just follow what the bankers DO, not say. They ain't going no where. If they do, all this shit is over. It's Mad Max time. Ain't even a society.
Well, gamers don't even know what they sitting on right now. Most crypto folks don't either. These worlds haven't even come together yet in an efficient manner. Let me try to break it down in rambling text.
With NFTs, you get to own something unique, right. So some roblox youtuber creates a unique NFT for the game. Fan buys it. They put fiat into the world to buy it. Let's say the buyer get sick of the NFT and want to sell it. So they sell it for crypto that sits in an account that they can then buy other virtual shit with OUTSIDE of roblox. The money(value) will never, ever have to be cashed out.
Developers can get a piece of transactions like exchanges. A virtual sales tax if you will. IRS is going to have a nightmare on its hands.
In the future, they will tie these to ID solutions like Cardano is working on in Ethiopia. Where all your virtual assets are tied to an ID you don't have to KYC.
Bottom line is the virtual world will be huge.
good points.. but you seem to be forgetting.. crypto was created as a
big fuck you to the banking system...
that fuckin central banking bullshit..
unless they give early adopters a chance to
make some money off of it,
any nobody fuckin with the banking system and their
miserly interest rates, when muthafuckas are making
twenty times that much in a day.....
central bank is waaaaaaaay to far behind..
what is there to know about the banking system its all fuckin criminal
as fuck...we get all the checks and balances the elite,
do all the fuckin inside trading they want... whenever the fuck
they want...
that central bank shit coin aint doing shit unless
they shut crypto down and we know...
its too late for that...
sure the rich are going to always make money
but for the first time in forever..
they are losing control over how much the masses can make...
all that eating off the table and throwing crumbs at the masses
to watch them fight for it is dead bruh...
its just a different time...
got folks living lovely gaming on social media all day..
I know a cat who made fifty geez... just gaming
and having people donate money to him...
he also runs madden tourneys...
no more having to beg dwight mann for
a job...
I just picked up some cardano a few days ago..
and made more than I wouldve made working
a month falling asleep in meetings..
dont let do much of the banking industrys material
mind fuck you..
they are waaaay behind...
Hey did the IRS find somebody to break monero yet..
last I heard the offer was near a milly...
if you listen to the banksters too much..
e.g bloomberg... they will convince you they are winning...
you follow all the latest blockchain technology..
bruh YOU of all folks should know their catch up game
just maybe too much for them to handle
remember they are not giving us the truth..
they are giving us propaganda
you think if they are really behind they are going to admit that shit...?
remember its legal for the govt to use propaganda on its own citizens..
and if you think they dont take advantage of that bullshit law..
you better think again.