Foxx Posted June 17, 2022 Author Share Posted June 17, 2022 23 hours ago, Nouseforaname said: Think what you want about the west but the russian population is controlled in terms of what they have access to. Being able to use bitcoin would go against that since it is anonymous. Regardless of what you think, it is coming. Prolly faster than you think. This will fail. As will their subsequent attempt. Quote Link to comment Share on other sites More sharing options...
KD in CA Posted June 18, 2022 Share Posted June 18, 2022 So where's the bottom, @Foxx? Quote Link to comment Share on other sites More sharing options...
Foxx Posted June 18, 2022 Author Share Posted June 18, 2022 3 hours ago, KD in CA said: So where's the bottom, @Foxx? Good question. One I could only take a guess at. I think the ultimate bottom line is capitulation by the retail investor. 10K? Of course, I am just some dumb keyboard jockey, my opinions are not to be taken as financial advice. As always, your own due diligence is imperative before making any moves. 1 Quote Link to comment Share on other sites More sharing options...
Nouseforaname Posted June 19, 2022 Share Posted June 19, 2022 This for some reason was recommended on twitter. My advice if you can’t take a down market don’t invest. 2 Quote Link to comment Share on other sites More sharing options...
Foxx Posted June 20, 2022 Author Share Posted June 20, 2022 @Nouseforaname The opening volly? RUSSIAN CENTRAL BANK: BITCOIN, CRYPTO PAYMENTS FOR INTERNATIONAL SETTLEMENT IS “POSSIBLE” When it takes root, possibly the next leg up, the sky's the limit. is it too early to say I told you so??? Quote Link to comment Share on other sites More sharing options...
Nouseforaname Posted June 20, 2022 Share Posted June 20, 2022 10 minutes ago, Foxx said: @Nouseforaname The opening volly? RUSSIAN CENTRAL BANK: BITCOIN, CRYPTO PAYMENTS FOR INTERNATIONAL SETTLEMENT IS “POSSIBLE” When it takes root, possibly the next leg up, the sky's the limit. is it too early to say I told you so??? Definitely too early. Will they convert those bitcoin to another currency? Quote Link to comment Share on other sites More sharing options...
Foxx Posted June 20, 2022 Author Share Posted June 20, 2022 9 hours ago, Nouseforaname said: Definitely too early. Will they convert those bitcoin to another currency? Agreed, too early to say I told you so. All the same, that it is being bandied about validates my thinking. What does it matter if anyone converts the coin to another currency, the issue here is the "settlement vehicle." To answer your question though, yes, most definitely. Or, more likely... they just pull a Keynesian monetary theory and issue whatever amount of their own central bank crypto and hodl. Quote Link to comment Share on other sites More sharing options...
Foxx Posted July 1, 2022 Author Share Posted July 1, 2022 @Nouseforaname Bank for International Settlements to Allow Banks to Hold 1% of Reserves in Bitcoin still too soon??? Quote Link to comment Share on other sites More sharing options...
Nouseforaname Posted July 1, 2022 Share Posted July 1, 2022 (edited) 49 minutes ago, Foxx said: @Nouseforaname Bank for International Settlements to Allow Banks to Hold 1% of Reserves in Bitcoin still too soon??? Did you take me as someone who was anti bitcoin ? And as usual, bad it’s economic is good for the US dollar . https://www.wsj.com/articles/it-was-a-lousy-second-quarterexcept-for-the-u-s-dollar-11656667800 Edited July 1, 2022 by Nouseforaname Quote Link to comment Share on other sites More sharing options...
Foxx Posted July 1, 2022 Author Share Posted July 1, 2022 40 minutes ago, Nouseforaname said: Did you take me as someone who was anti bitcoin ? Not at all. Mainly just providing support for my contention. Quote Link to comment Share on other sites More sharing options...
Crap Throwing Clavin Posted July 1, 2022 Share Posted July 1, 2022 1 hour ago, Foxx said: @Nouseforaname Bank for International Settlements to Allow Banks to Hold 1% of Reserves in Bitcoin still too soon??? Using a highly volatile commodity as reserves is a bad idea. 1 Quote Link to comment Share on other sites More sharing options...
Nouseforaname Posted July 1, 2022 Share Posted July 1, 2022 50 minutes ago, Foxx said: Not at all. Mainly just providing support for my contention. Which is that the USD is being phased out or that Russia is using btc to get around the sanctions? Quote Link to comment Share on other sites More sharing options...
Foxx Posted July 1, 2022 Author Share Posted July 1, 2022 6 minutes ago, Nouseforaname said: Which is that the USD is being phased out or that Russia is using btc to get around the sanctions? That BTC will ultimately become an international settlement vehicle. Quote Link to comment Share on other sites More sharing options...
Nouseforaname Posted July 1, 2022 Share Posted July 1, 2022 16 minutes ago, Foxx said: That BTC will ultimately become an international settlement vehicle. It will not replace or even come close to replacing the USD. Quote Link to comment Share on other sites More sharing options...
The_Dude Posted August 16, 2022 Share Posted August 16, 2022 Bitcoin is great. If you’re new to crypto, don’t buy Bitcoin. It will be the least profitable compared to XRP, ADA, and ETH. Quote Link to comment Share on other sites More sharing options...
Foxx Posted August 16, 2022 Author Share Posted August 16, 2022 28 minutes ago, The_Dude said: Bitcoin is great. If you’re new to crypto, don’t buy Bitcoin. It will be the least profitable compared to XRP, ADA, and ETH. Just me but... I wouldn't believe all the hype around XRP. It was good to me in the early days but it is all hype, imo. Quote Link to comment Share on other sites More sharing options...
The_Dude Posted August 16, 2022 Share Posted August 16, 2022 1 hour ago, Foxx said: Just me but... I wouldn't believe all the hype around XRP. It was good to me in the early days but it is all hype, imo. Banks across Asia disagree and the Bank of England sees its utility. I love me some xrp. Between myself and my company I almost got 100,000. Quote Link to comment Share on other sites More sharing options...
The_Dude Posted August 26, 2022 Share Posted August 26, 2022 I have quit nicotine! Thank you Bitcoin! id be ready to buy a vape and I’d ask myself, ‘do ya wanna buy that vape, or do you wanna buy crypto with that money instead?’ BTC helps people quit smoking! 1 Quote Link to comment Share on other sites More sharing options...
The_Dude Posted August 27, 2022 Share Posted August 27, 2022 Where’s the bottom? Can’t be far. Can’t be far. Quote Link to comment Share on other sites More sharing options...
The_Dude Posted August 27, 2022 Share Posted August 27, 2022 https://in.investing.com/news/ripple-now-official-partner-of-the-world-economic-forum-wef-3322019 XRP Army! God I’m bullish AF! Quote Link to comment Share on other sites More sharing options...
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