Official BGOL Crypto Currency Thread ★★★★★

T.H.E. Brew$er

Rising Star
BGOL Investor
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. :yes: 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.


I don't agree with the whole clean/dirty Bitcoin FUD... If you got "dirty" Bitcoin??? Wrap it up!

You can take BTC, peg it to the RSK sidechain and make it rBTC (SmartBitcoin), go on Sovryn dApp, swap it for ETHs, BNBs, or any of the 3 stablecoins offered... rUSDT, XUSD, DoC. ( yeah, I'm shilling Defi on Bitcoin like Jack Dorsey... DYOR here https://www.sovryn.app/ )

Same can be done on Pancake (BSC) or Quickswap (Matic)...

Additionally, there is only one "money" circulating in the "real world". "Money" has value in and of itself... federal reserve dollars, pounds, yuan, yen, etc. only have value because their respective governments accepts them exclusively as payment for taxes... They are only currencies. The slips of paper or digits in the traditional banking system are only backed by men with guns.

Bitcoin has value in and of itself. Gold has value in and of itself. Silver has value in and of itself. Each can operate as actual money. (See Money vs Currency - Hidden Secrets Of Money Episode 1 - Mike Maloney)

Finally, On chain data confirms that Afghan is in the top ten in peer to peer volume worldwide... TRUST, the Afghanis are swapping gold rocks and fiat paper for digital assets.
 

gene cisco

Not A BGOL Eunuch
BGOL Investor
I don't agree with the whole clean/dirty Bitcoin FUD... If you got "dirty" Bitcoin??? Wrap it up!

You can take BTC, peg it to the RSK sidechain and make it rBTC (SmartBitcoin), go on Sovryn dApp, swap it for ETHs, BNBs, or any of the 3 stablecoins offered... rUSDT, XUSD, DoC. ( yeah, I'm shilling Defi on Bitcoin like Jack Dorsey... DYOR here https://www.sovryn.app/ )

Same can be done on Pancake (BSC) or Quickswap (Matic)...

Additionally, there is only one "money" circulating in the "real world". "Money" has value in and of itself... federal reserve dollars, pounds, yuan, yen, etc. only have value because their respective governments accepts them exclusively as payment for taxes... They are only currencies. The slips of paper or digits in the traditional banking system are only backed by men with guns.

Bitcoin has value in and of itself. Gold has value in and of itself. Silver has value in and of itself. Each can operate as actual money. (See Money vs Currency - Hidden Secrets Of Money Episode 1 - Mike Maloney)

Finally, On chain data confirms that Afghan is in the top ten in peer to peer volume worldwide... TRUST, the Afghanis are swapping gold rocks and fiat paper for digital assets.
You don't have to agree. It's not FUD. How is protecting stacks FUD? I ain't saying to dump. I'm saying stay ahead of fuckery. Cats got knocked already. It's happening. I know big stackers it happened to that's why I spread the word. Folks can live in this fantasy world or they can protect themselves. It's just easier if you are Americans to get shit through coinbase and not to risk playing other games. Anyone with serious stacks of 6 or 7 figures better start playing the game right. Better to clean up shit now while they have yet to tighten up the game.

Money is the digits they create with debt. I already referenced money vs currency in this thread of some other this week. I was saying in a simplified ways bankers/ governments aren't going to let crypto fuck up their fiat hustle. They just aren't. If banks create money out of thin air and profit off interest, they ain't going to let DeFi go on unless they the ones running it(which they will be trust that). See what treasury doing now. Just wait until unhosted wallets have to be registered. It's coming. Only way banker money gets challenged is in the virtual world and governments will take their cut through taxes anyway.

I never said Afghans weren't in the game. What I said is how many who weren't in the game wish they were because they couldn't get shit past the Taliban(or whoever running pockets that day). You see the run on the banks? Folks stuck out there. For all we know, Taliban the ones doing most the crypto and you know our bankers will FUD that.

If you know the difference between money and currency(a lot don't), you know these bankers/governments about to come hard. They will make sure these are just assets that they can print money to speculate on since that's all that fake shit is good for any way. That's why I laugh when folks talk about market caps like any of the digits are fucking real.
 

APOPHIS

Autodidact / Polymath
Platinum Member
Travala (AVA) is making moves to become an ERC-20 token.
Good chance it will pump before then.
I'm not certain on the time line.

Their community admin person on Telegram just posted:
Update on AVA ERC20
Both audits have passed and we will now move to deployment stage.
This development means that AVA will exist across 3 blockchains.

- Binance chain (bep2)
- binance smart chain (BEP20)
- Etheruem (Erc20)
This will open AVA up to more liquidity and users.
Proposals will follow in the near future as we prepare for the first community vote


AVA is running as of this minute.
30% gain on FOMO.

from $3.04 to $3.90
 
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RoomService

Dinner is now being served.
BGOL Investor


Sitting down with PI from the SundaeSwap team to discuss their upcoming ISO and how they are going to run it. SundaeSwap were one of the first to talk about running an ISO / ISPO on Cardano and they delayed it at the last minute to make sure everything was ok on the legal side.

sundaeswap.finance/
 

gene cisco

Not A BGOL Eunuch
BGOL Investor
Still don’t get why people panic sell and panic buy. If you believe in it, you buy low and sell high. I had to learn the hard way and I tell the stories to people now but too much emotion in the game. That’s why only the ice cold get to the 2 comma + club. Gotta have fortitude in any market game.
Man. It's easy to understand why. That shit comes from experience. It's like anything in life. Cats can train all they want in the gym. But they get hit in the face, start leaking, shit gets real. Cats got all types of plans when they at the range, but when those bullets flying for real, it's :eek: Cats just have to lose 6-7 figures sometimes to just get it out the fucking way.

But soon enough, cats who stick with it and learn from their mistakes know the coldness of looking at what most consider a lot of money and feeling absolutely nothing.
 

havelcok

Rising Star
Platinum Member
Did the report not meet expectations? The unemployment rate fell slightly.

not at all- big flop- means more stimulus, no taper by the feds
good for stock and crypto
bad for economy

  • Change in non-farm payrolls: +235,000 vs. +733,000 expected and a revised +1.053 million in July
  • Unemployment rate, August: 5.2% vs. 5.2% expected and 5.4% in July
  • Average hourly earnings, month-over-month: 0.6% vs. 0.3% expected and 0.4% in July
  • Average hourly earnings, year-over-year: 4.3% vs. 3.9% expected and 4.0% in July
 

Chuck_Luck

Rising Star
Platinum Member
Made back everything I lost over the last 3 months and more today.

How long you all think this run will last?
 

gene cisco

Not A BGOL Eunuch
BGOL Investor
not at all- big flop- means more stimulus, no taper by the feds
good for stock and crypto
bad for economy

  • Change in non-farm payrolls: +235,000 vs. +733,000 expected and a revised +1.053 million in July
  • Unemployment rate, August: 5.2% vs. 5.2% expected and 5.4% in July
  • Average hourly earnings, month-over-month: 0.6% vs. 0.3% expected and 0.4% in July
  • Average hourly earnings, year-over-year: 4.3% vs. 3.9% expected and 4.0% in July
That's been my bet. Virus ain't going any fucking where, but the money has to. :eek: While the politicians jerk the blues and the red around in their bullshit service-based economy, there is money to be made with all this shit(stocks, crypto, real estate values, art, etc). This fake ass money created out of thin air is created for speculation. They just don't want the little guys doing it.

Politicians going to play their part for the bankers. Check out their top dog Warren. She talks about 'spinning straw into gold' like she don't know private banks create money with debt. She knows she got to regulate shit for her masters so they the only ones get that interest(profit).




Warren said: "Crypto is the new shadow bank. It provides many of the same services, but without the consumer protections or financial stability that back up the traditional system. It’s like spinning straw into gold." :lol:



Man. In the history of mankind, there has never, ever, ever been a government in the position the U.S. is in right now. Having the global reserve currency and the ability to call the shots while in a massive hole? Shit. Keep cash strictly for the MSM inspired shakeouts that can't last if the U.S. is to stay at top. 2 trillion ain't shit for Crypto.
 

APOPHIS

Autodidact / Polymath
Platinum Member
This dip is insane
Great buy opportunity for those sitting on the sidelines.
Down to $43k in a matter of minutes.

ALTS down 20-30% instantly.
 

praetor

Rising Star
OG Investor
Some coins were getting close to or had just gone past levels they hadn't seen since May. After this dip, we may finish the year strong.
 

APOPHIS

Autodidact / Polymath
Platinum Member
Anyone in here own a BTC or cryptocurrency ATM?


Thought about it.
The legalities of owning own really deters you. You're basically operating under banking rules.
I would love to have one in a country that's not as hard on BTC.
 

gene cisco

Not A BGOL Eunuch
BGOL Investor
Some coins were getting close to or had just gone past levels they hadn't seen since May. After this dip, we may finish the year strong.
My ol' lady was in bed next to me asking what I was laughing at. Cracking up like the Joker lookin at shit drop like a rock. Just thinking of all the TA cats about to cop pleas.

Get this shit out the way to see what that cardano ecosystem can do. That place might have some real sleepers pop up. Cats would be wise to have some lunch money ready to go just for the hell of it.
 

Basetip

Rising Star
BGOL Investor
My ol' lady was in bed next to me asking what I was laughing at. Cracking up like the Joker lookin at shit drop like a rock. Just thinking of all the TA cats about to cop pleas.

Get this shit out the way to see what that cardano ecosystem can do. That place might have some real sleepers pop up. Cats would be wise to have some lunch money ready to go just for the hell of it.
How 'bout a quick 'Hit List' of bargains....? P L E A S E.... Thanks in advance.
I always throw pocket change at the things you guys mention on here(just in case...)
 

gene cisco

Not A BGOL Eunuch
BGOL Investor
How 'bout a quick 'Hit List' of bargains....? P L E A S E.... Thanks in advance.
I always throw pocket change at the things you guys mention on here(just in case...)
Haven't really looked yet. I'm diving deep into this week leading up to the launch. Not really interested in erc-20 that claim they will port. SundaeSwap is one that is having an ISO on Cardano. Have to stake ADA in their pools when they launch them.
 
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