Project 1999

Go Back   Project 1999 > General Community > Off Topic

Reply
 
Thread Tools Display Modes
  #1  
Old 08-03-2021, 07:00 PM
Castle2.0 Castle2.0 is offline
Planar Protector

Castle2.0's Avatar

Join Date: Aug 2014
Posts: 2,486
Default

Sounds like a guy that sleeps on a factory floor. What a loser.
Reply With Quote
  #2  
Old 08-03-2021, 07:48 PM
Smoofers Smoofers is offline
Kobold

Smoofers's Avatar

Join Date: Jun 2021
Location: Cheap Bastardville
Posts: 174
Default

There is a shit load of institutional money flowing into crypto right now. Good signal because 1) insitutional money doesn't scare off as easily 2) generally means higher floors and 3) anyone that is holding 10,000 BTC has a very vested interested in making sure regulation doesn't kill crypto
Reply With Quote
  #3  
Old 08-04-2021, 12:32 AM
hobart hobart is offline
Fire Giant


Join Date: Aug 2018
Posts: 854
Default

Quote:
Originally Posted by Smoofers [You must be logged in to view images. Log in or Register.]
There is a shit load of institutional money flowing into crypto right now. Good signal because 1) insitutional money doesn't scare off as easily 2) generally means higher floors and 3) anyone that is holding 10,000 BTC has a very vested interested in making sure regulation doesn't kill crypto
I'm betting on 3. Following that trail is key to protecting your investment against government overreach. As long as the right people keep getting richer, regulation talk will continue to just be talk.
Reply With Quote
  #4  
Old 08-03-2021, 07:50 PM
Jibartik Jibartik is offline
Planar Protector


Join Date: May 2015
Posts: 15,813
Default

Cardano is the ETH that is good for the environment.
Reply With Quote
  #5  
Old 08-03-2021, 07:58 PM
Gwaihir Gwaihir is offline
Banned


Join Date: Mar 2020
Location: SJ
Posts: 2,181
Default

Cardano should be pegged to the price of a can of 2-11 Steel Reserve
Reply With Quote
  #6  
Old 08-04-2021, 01:15 AM
Arvan Arvan is offline
Fire Giant


Join Date: Apr 2019
Location: Norrath
Posts: 583
Default

FTC currently reporting on a boom of cryptocurrency scams. Seems legit.
__________________
Hey CSR When Will PNP Rule 14 Be Enforced?
Reply With Quote
  #7  
Old 08-04-2021, 01:37 AM
Octopath Octopath is offline
Fire Giant


Join Date: Aug 2018
Location: GA
Posts: 835
Default

XRP
__________________
Octopath Traveler
Reply With Quote
  #8  
Old 08-04-2021, 01:53 AM
Castle2.0 Castle2.0 is offline
Planar Protector

Castle2.0's Avatar

Join Date: Aug 2014
Posts: 2,486
Default

Quote:
I'm betting on 3. Following that trail is key to protecting your investment against government overreach. As long as the right people keep getting richer, regulation talk will continue to just be talk.
Compared to crypto, gold was easy to confiscate. You can keep a 12 word phrase in your head and a government can never touch your crypto.

Whoever overregulates crypto, like China, will lose out.

They can tax it, they can ban mining it, but they can't ban holding ​it. They can get away with trying to tax it like stocks or other investments. If they try to use taxes to kill it, good luck.

There are decentralized exchanges, like uniswap, where people can buy and sell without a trusted third party. It's a protocol. The government has no one to go to ask for personal data - none is collected.

There are privacy coins like Monero and Firo. Some don't show who sent, who received, or how much was sent.

The Laffer Curve for crypto is heavily bent against the government. That's good because it will keep taxes low.

Quote:
FTC currently reporting on a boom of cryptocurrency scams. Seems legit.
FTC currently reporting stock scams. All stocks aren't legit, especially OGs like Coke an Disney. Stay out of the stock market to be safe.
Reply With Quote
  #9  
Old 08-04-2021, 08:37 AM
Arvan Arvan is offline
Fire Giant


Join Date: Apr 2019
Location: Norrath
Posts: 583
Default

Quote:
Originally Posted by Castle2.0 [You must be logged in to view images. Log in or Register.]
Compared to crypto, gold was easy to confiscate. You can keep a 12 word phrase in your head and a government can never touch your crypto.

Whoever overregulates crypto, like China, will lose out.

They can tax it, they can ban mining it, but they can't ban holding ​it. They can get away with trying to tax it like stocks or other investments. If they try to use taxes to kill it, good luck.

There are decentralized exchanges, like uniswap, where people can buy and sell without a trusted third party. It's a protocol. The government has no one to go to ask for personal data - none is collected.

There are privacy coins like Monero and Firo. Some don't show who sent, who received, or how much was sent.

The Laffer Curve for crypto is heavily bent against the government. That's good because it will keep taxes low.


FTC currently reporting stock scams. All stocks aren't legit, especially OGs like Coke an Disney. Stay out of the stock market to be safe.
Holy crap man you are like a walking talking version of the dunning-krueger effect
__________________
Hey CSR When Will PNP Rule 14 Be Enforced?
Reply With Quote
  #10  
Old 08-04-2021, 10:07 AM
Jibartik Jibartik is offline
Planar Protector


Join Date: May 2015
Posts: 15,813
Default

Didn't they catch the Russian hackers specifically because they used BC?
Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 05:16 PM.


Everquest is a registered trademark of Daybreak Game Company LLC.
Project 1999 is not associated or affiliated in any way with Daybreak Game Company LLC.
Powered by vBulletin®
Copyright ©2000 - 2026, Jelsoft Enterprises Ltd.