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eDave 12-26-2020 10:51 AM
Quote:
Originally Posted by Jewish Rabbi (Post 15422418)
If anything I would think it would legitimize crypto to the people who still doubt. Part of the appeal of Bitcoin is the finite supply, whereas fedcoin would be just like the dollar but in a different form and they could still “print” as much as they wanted to.
Yip. Still FIAT. FIAT is a dead man walking. The principle of fedcoin is dorked. Shit, credit/debit cards and the like are already fedcoin. Don't fund it. It's dumb. Anyone remember Facebooks's coin? No. I'm monitoring it but consider it a minimal risk. As of now 27.5 is the next big decision point. Possible this week as volume is strong, volatility is tight, and more institutional money coming in. Money to be made at 27.5. Tell your friends.

lewdog 12-26-2020 01:22 PM
Quote:
Originally Posted by Jewish Rabbi (Post 15422418)
If anything I would think it would legitimize crypto to the people who still doubt. Part of the appeal of Bitcoin is the finite supply, whereas fedcoin would be just like the dollar but in a different form and they could still “print” as much as they wanted to.
Quote:
Originally Posted by MahiMike (Post 15422433)
It's an excellent question and one that we're all asking.
Yeah, I guess Jewish Rabbi's answer makes some decent sense.

Should be interesting to watch.

I'll continue to bust balls here when Bitcoin dips, if that's ok?!

ChiefRocka 12-26-2020 02:33 PM
Quote:
Originally Posted by lewdog (Post 15422583)

I'll continue to bust balls here when Bitcoin dips, if that's ok?!

Love me some buttcoiners

Jewish Rabbi 12-26-2020 02:40 PM
Quote:
Originally Posted by lewdog (Post 15422583)
Yeah, I guess Jewish Rabbi's answer makes some decent sense.

Should be interesting to watch.

I'll continue to bust balls here when Bitcoin dips, if that's ok?!
I’d rather have you bust a nut on billay’s face and post the video

scho63 12-26-2020 03:30 PM
Quote:
Originally Posted by lewdog (Post 15422402)
Honest question, I am not here to troll today.

If the Fed announces Fedcoin, what happens to the value of Bitcoin if anything?
The appeal of Bitcoin and all Crypto's were aninimity. Not sure Fed Coin adds any value but some kind of guarantee against theft or fraud. I won't trust them.

If all Crypto's get forced by government's to disclose their customers, that's not good.

Not a clue how this ends but I think badly.

Jewish Rabbi 12-26-2020 03:48 PM
Quote:
Originally Posted by scho63 (Post 15422760)
The appeal of Bitcoin and all Crypto's were aninimity. Not sure Fed Coin adds any value but some kind of guarantee against theft or fraud. I won't trust them.

If all Crypto's get forced by government's to disclose their customers, that's not good.

Not a clue how this ends but I think badly.
Bitcoin isn’t anonymous at all. That’s the point of the blockchain.

BossChief 12-26-2020 06:13 PM
Almost 27k

BWillie 12-26-2020 07:15 PM
Quote:
Originally Posted by Jewish Rabbi (Post 15422778)
Bitcoin isn’t anonymous at all. That’s the point of the blockchain.
Yes, but it can virtually be if you dont share you public address and dont use shit like coinbase. But you are right, once the cat is outta the bag everything is public domain.

BWillie 12-26-2020 07:18 PM
The best part of this is watching Ripple (XRP) bomb while pretty much all of the other top coins make gains. Eat shit XRP.

eDave 12-26-2020 07:22 PM
Quote:
Originally Posted by BWillie (Post 15423042)
The best part of this is watching Ripple (XRP) bomb while pretty much all of the other top coins make gains. Eat shit XRP.
I've always thought XRP investors were too stupid to be into crypto at all.

Jewish Rabbi 12-26-2020 07:36 PM
I have a buddy who doesn’t know shit about crypto who sold all his BTC two weeks ago for XRP and XLM against my advice lol. Probably lost his profit from holding BTC for 3 years in two weeks.

BWillie 12-26-2020 07:48 PM
Sure wish I didn't lose 4.5 ethereum years ago on Yobit lol

The perils of ethereum receiving addresses. You live you learn

Ninerfan11 12-26-2020 10:31 PM
You don't have to worry about a fedcoin. What you have to work about is the world losing faith in the dollar and China creating a crypto that is tied to their gold holdings. They love surveillance and tracking, and blockchain is the perfect tool. The US is falling behind, fast.

eDave 12-27-2020 12:38 AM
Quote:
Originally Posted by eDave (Post 15422437)
As of now 27.5 is the next big decision point. Possible this week as volume is strong, volatility is tight, and more institutional money coming in. Money to be made at 27.5. Tell your friends.
And here we are.

Ninerfan11 12-27-2020 01:04 AM
Quote:
Originally Posted by eDave (Post 15423768)
And here we are.
You thinking a correction here? I feel like we are going up too hard too fast.


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