Blackrock-Backed Securitize Partners with Wormhole to Bring $1.3B Credit Fund to Solana
Blackrock-Backed Securitize Partners with Wormhole to Bring $1.3B Credit Fund to Solana
Solana’s RWA sector welcomes Apollo’s $ACRED to onchain markets.
Official BGOL Crypto Currency Thread ★★★★★
- Thread starter Matt Beesy
- Start date
For everyone asking when the ideal time is to buy in this market, this presents a perfect opportunity to do so. Please refrain from asking this question 4 or 5weeks from now.
RSI isn’t lying
Damn!!!!! and I thought I was hurting.....goes to show you...there is always someone doing a little worse than you.
Fuck that, there’s always someone doing a little better.
BREAKING: A humiliating new report reveals that investors have lost billions of dollars on Donald Trump’s $Trump cryptocurrency as its value crashes — and some VERY shady details emerge.
This is turning into a nightmare for these gullible MAGA supporters...
The opening price for one of the 5,971,750 coins was $0.18 and it quickly climbed to $75 — allowing those who got in fast to flip a quick profit — and then tanked down to roughly $16 a coin.
An analysis performed by crypto forensics firm Chainalysis forThe New York Times discovered that over 810,000 crypto wallets have lost money by investing in Trump's coin. An estimated $2 billion in investments have been lost.
Trump announced the coin just three days before his inauguration, urging his followers to purchase it in a Truth Social post.
"Join my very special Trump Community. GET YOUR $TRUMP NOW," he wrote. Clearly, he and his cronies were just looking to fleece clueless investors.
The most suspicious part of the entire saga was the crypto wallet — a unique, anonymous account for trading digital currency — that dumped $1,096,109 into buying 5,971,750 $Trump coins just two minutes after Trump announced. That trader then sold within two days, raking in a staggering $109 million.
Because of the anonymous nature of crypto wallets, that trader could theoretically have been Donald Trump himself or perhaps one of his close allies with insider knowledge of the announcement.
On top of that, the Trump family and their associates have made over $100 million off trading fees alone despite the president's obvious conflict of interest since he is in control of cryptocurrency regulations.
"The president is participating in shady crypto schemes that harm investors while at the same time appointing financial regulators who will roll back protections for victims and who may insulate him and his family from enforcement,” former crypto advisor to the SEC Corey Frayer told The New York Times.
Who the fuck is still holding on that shit?
Made my couple hundo and move to the burbs on yall negroes!
I’m looking for some destruction actually. Take that shit down to 75K and I’m dumping my whole bonus on BTC
Everything he touches is less than it was before he put his hands on it.
This is the reason behind it. A US strategic crypto reserve would also encompass Trump coin and other cryptocurrencies which IMO is B.S.Who the fuck is still holding on that shit?
Made my couple hundo and move to the burbs on yall negroes!
Instead of merely establishing a Bitcoin strategic reserve, you’re now going to have a crypto reserve that includes a diverse range of coins and tokens.
Donald Trump’s World Liberty Financial Takes Bold Step with Strategic Crypto Reserve: Report - Brave New Coin
World Liberty Financial (WLF), a cryptocurrency-focused initiative associated with former U.S. President Donald Trump, has announced plans to create a strategic reserve of digital assets.
bravenewcoin.com
If we are going to spend tax payer money on btc we need full transparency on who created the shit. Is it China? N. Korea? Russia? The CIA? Who's bags will we be pumping if btc is put in reserve? Fuck the bullshit like the government doesn't know who created it. There is a audio of a homeland security agent discussing how she went and met Satoshi and it was 4 people in California.This is the reason behind it. A US strategic crypto reserve would also encompass Trump coin and other cryptocurrencies which IMO is B.S.
Instead of merely establishing a Bitcoin strategic reserve, you’re now going to have a crypto reserve that includes a diverse range of coins and tokens.
Donald Trump’s World Liberty Financial Takes Bold Step with Strategic Crypto Reserve: Report - Brave New Coin
World Liberty Financial (WLF), a cryptocurrency-focused initiative associated with former U.S. President Donald Trump, has announced plans to create a strategic reserve of digital assets.
Which is why only a fool would think differently. 70+ years of operating the same way and people still fall for the tricks.
Stupidity is ingrained in many.
This is the reason behind it. A US strategic crypto reserve would also encompass Trump coin and other cryptocurrencies which IMO is B.S.
Instead of merely establishing a Bitcoin strategic reserve, you’re now going to have a crypto reserve that includes a diverse range of coins and tokens.
Donald Trump’s World Liberty Financial Takes Bold Step with Strategic Crypto Reserve: Report - Brave New Coin
World Liberty Financial (WLF), a cryptocurrency-focused initiative associated with former U.S. President Donald Trump, has announced plans to create a strategic reserve of digital assets.
Yeah, I'm ok with BTC being used for this purpose because at this point nobody is shown to ultimately control it or can outright manipulate or hack it but having Trump coin and other crypto is some bullshit especially since Trump coin is a literally meme coin with no utility.
How would you know if it can be controlled if you don't know who created it? The mysterious Satoshi who hooked himself/themselves up with 1.1 million btc that can be dumped on the market at anytime? The largest holder is a mystery. Who are the btc whales? How much do our enemies own? All you need is 51% of the hashrate to affect btc transactions. The mining pool Foundry alone controls 30% of the hashrate by itself. All it takes is the willingness to spend money to control the btc network and any nefarious state actor would be able to do. So no tax payer money should be spent without telling the American public the truth about its origins. And I hold btc but would never go all in on something I know the government isn't being honest about.
Manipulation by dumping or withdrawal from the market is not central control. At this point no one has shown that BTC can be controlled outside of market influence from whales. No one can confiscate YOUR Bitcoin or control your wallet without your wallet phrase so it's still proving to be unhackable up this point. Your government isn't being honest about it's own fiat currency which you have no choice but to be all in on so what difference does it make? Who created is irrelevant to how it works in practice if the principle is solid. That's what makes BTC's popularity ever increasing with each year that goes by. For first world countries it's not a big deal , but if you live in a country with unstable currency or corrupt officials BTC has proven to be valuable. Why any government would create something like this seems counter to central control they would definitely want.
I guess you don't understand hashrate and what a 51% attack is. That allows central control which is a weakness of proof of work. Mining pool concentration can allow network control. We are supposed to believe the government doesn't know who the largest btc holder is? The mysterious Satoshi? That doesn't matter at all? Bitcoin has only proven to be valuable to people who got in early or institutions that can still profit at this price point. Is the average person getting rich by buying btc at 100k? Fuck no. So a "currency" that routinely retraces by 70-80% in a bear market is a stable? The government is very honest about its fiat currency. We know exactly who creates it and prints it out of thin air. Listen to the audio below. Bitcoin maxis will not even comment on it because it fucks their whole scheme up. I hold btc and I'm in super profit since I bought it in 2017 but I'm not going all in on something I know the government is lying about. Bitcoin is the pet rock of crypto with no real utility. The only way it goes up in price is if people buy it. That's why bitcoin maxis are cheering for corporations to put it on their balance sheets and governments to buy it. If they don't get new buyers, no new price action. When cryptos with utility actually start solving real world problems, bitcoin maxis are in trouble. Why would you buy the model T Ford of crypto when you have better technology that actually solves real world problems? That's what btc maxis fear and why they hate every other crypto. Plenty of cryptos have a fixed supply, that's not endemic to btc. I read the Satoshi white paper and it was supposed to be peer to peer electronic cash, not a "store of value" or "digital gold." It was pushed as some type of libertarian movement that was supposed to be outside of establishment control. "Down with the banks" was the ethos. Once it was apparent that the network was too slow and expensive for a payment system they switched up the marketing plan to "store of value" because btc whales weren't about to miss out on their cash cow. Fidelity started mining Bitcoin in 2014 by the way. With that being said, as long as the Blackrocks and Fidelities of the world are pushing it I will stay invested. But I can't go all in it or support tax dollars being used to buy it without telling the truth of its origins.
That same argument could have been made in January 2017, when Bitcoin was trading at $850. People can come in here and share what they think they know about Bitcoin—what it will or won’t do. But here’s the thing: back in 2011, this was brought to our attention, and it took two and a half years for that thread to even hit 10 comments. Clearly, none of us really know what the hell we’re talking about.
The Bitcoin Bubble
http://globalguerrillas.typepad.com/globalguerrillas/2011/06/the-bitcoin-bubble.html THE BITCOIN BUBBLE If you haven't already heard about bitcoin, the first popular cypto-currency, you soon will. The idea for the currency is simple. It's a software system that makes it possible to...
www.bgol.us
What would the implications be if Bitcoin were to reach a price of $20 million per coin? Could buying in at $100,000 per coin still make someone wealthy? Keep in mind, it takes 100 million Satoshis to equal one Bitcoin. Back in 2011, a $100 investment would have gotten us 10 Bitcoins. Let’s be real—there’s no one here who can honestly say that $100 back then would have made or broken them financially.
Admittedly, I'm rusty on the hashrate conversation. I know about, but I never look at it because the risk is pretty low and if a 51% attack actually happened, then yes we could essentially just move into another crypto that's similar to BTC. The government can't tell who owns what because again, that's the nature of crypto. As far as them speaking with the Satoshi(s), what obligation do they have if they did in fact speak to the founders to reveal who they are to us? Nobody is saying go all in on anything. This is another investment for me and yeah they utility of using it as form of payment we know is not practical because of the transaction speed. I'm ok with being a store of value , but remember it's still "digital gold" and we aren't trading gold coins to buy things anymore, but gold still holds value. The fundamental benefits of BTC are still there as I stated.
The problem is it isn’t 2017 and you can’t buy an entire btc for $850. We can just do simple math. The average American doesn't even have $1,000 to invest, but let’s say they did. At today's prices that would get you about .01 btc. Now, even with the extreme moonshot example you gave at 20 million per btc, your .01 would be 200k before taxes. That’s cool, but not sure if that’s really life changing money. You’re probably still going to work the next day. If btc hits 20 million per coin the U.S. dollar will be damn near completely worthless at that point. And how many years would it take to get to 20 million if it ever did? A long ass time. Let’s use a more realistic figure of 1 million per btc. That same 1k investment is 10k before taxes. Not sure about you, but that ain’t worth my time. Unless you have big money already, btc won’t be making you rich.
you have any other coins you recommend?
I’ve been stacking XRP, XLM, HBAR, VET and XDC for years. I still think they are undervalued at current prices. I’m even still buying XRP at $2 and $3. Tokenization of real world assets will be huge and each of those chains will be players in that sector. My sleeper pick for this cycle is VELO (about 2 cents right now). I'm concentrating on coins that actually have utility and solve real world problems. You have to think of yourself as a venture capitalist, investing in projects you think will be successful. You're speculating that the underlying chain will gain mass adoption and capture massive amounts of value, THEREFORE the token will have value. If I can’t explain what the underlying blockchain does or how the token is used I don’t buy it. I’m not thinking short term, not looking to make a quick buck. I’m trying to buy the next Amazon or Facebook of blockchain. I don’t buy green candles so if the token has pumped to a point where I can’t buy a significant amount of it, I pass.
Women accused of kidnapping man at Strip resort, stealing over $275K of Gemini crypto exchange
Two Southern Nevada women were arrested last week after being accused of multiple felonies, including kidnapping and theft of over $100,000 after what police say was a night of partying on the Strip.
According to a Metropolitan Police Department arrest report, Zapri Outlaw, 38, of Henderson and Micytta Ottrix, 38, of Las Vegas were part of a scheme to defraud a California man who was visiting Las Vegas to attend a Bitcoin-themed event at “Mike Tyson’s old house” in November.
The report stated that the man went to a nightclub inside Encore in the early morning hours of Nov. 22, when he met two women who later got the man a drink. The man told police he believed he had been drugged because it became difficult for him to focus after consuming the drink. He said he told the women he was staying in Summerlin and that the women said they were also staying in Summerlin and that they should all ride there together.
After the man got into a vehicle with the women, which was driven by another man, the vehicle exited the Encore valet area and ended up at a parking lot a few blocks away. That’s when, according to the report, the driver pointed a gun at the man and told him to “get out.” The man told police he initially thought he was in a rideshare vehicle.
Shortly after, the man noticed his watch, cellphone and wallet were all missing. He later noticed unauthorized charges on some of his credit cards and that money was missing from a cryptocurrency account. The report states that just over $275,000 was withdrawn from a Gemini cryptocurrency account. Aided by video surveillance footage from the Wynn/Encore complex, investigators were able to find that Outlaw and Ottrix arrived to the resort complex in a black Range Rover on Nov. 22.
Outlaw and Ottrix have each been charged with multiple felonies related to the November incident, including fraudulent use of a credit card, robbery with use of a deadly weapon, kidnapping and theft.
Records show that Outlaw was arrested in February 2024 after being accused of stealing over $20,000 from a man she met inside a Strip nightclub.
Outlaw posted bond, according to court records, and was ordered to undergo electronic monitoring. She’s scheduled for a preliminary hearing in April. Ottrix also posted bond and was ordered to undergo electronic monitoring. Ottrix has a negotiations hearing scheduled on Thursday, according to court records. Both women have prior charges for soliciting prostitution.
Women accused of kidnapping man at Strip resort, stealing over $275K of crypto
A California man says two women likely drugged and stole over $275,000 of cryptocurrenty from him after a night of partying on the Las Vegas Strip.
www.reviewjournal.com
i need that bitch to hit 1000....its over due bc i was a believer then charlie....charlied out.$LTC up almost 100% since last month’s flash crash
It’s been bleeding into Bitcoin since 2021. If you’ve been waiting for altcoins to rise, you’ve likely lost more money than if you had just invested directly in Bitcoin. But hey, we all learn.
no brun...i bought ltc when it 6 dollars while learning the 5ws of crypto
That’s the point that I was making. Since 2017, Litecoin has done about a 21x, going from $6 to $132. Meanwhile, Bitcoin has surged 100x, rising from $850 to $97,000. The only real argument most people can make is that, since January 2017, Ethereum $7.00 has outperformed Bitcoin. If you bought Ethereum anytime after March of 2017, you have bled against bitcoin. Look at XRP holders who have been holding for almost eight years. If you bought XRP in January 2018, you’re still underwater because it has yet to reach a new all-time high. I’m not a Bitcoin maximalist, but my perspective has definitely changed over the past few years. Bitcoin has continued to hit new all-time highs, while 95% of the top 100 coins still haven’t recovered their 2021 highs.
