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OT: Bitcoin, Altcoins, NFT's & All Things Crypto

Go to your local bank and try to withdraw $5k without an appointment. It’s all fake. Might as well make some money off of it while the fun lasts
You’re kidding, right? I have made multiple withdrawals totaling over 30 times what you note (to cover some major home renovations) over the last few months without any appointment. Unless you are talking about cash withdrawals. If so, you might need the appointment since bank AML regulations require banks to identify suspicious transactions.
 
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What a nothing burger of a ruling. Good to see they cracked down on them lol. Barely any movement to the market after all of that hand wringing.
I disagree. It’s not getting much play, but a large portion (by dollar) of Binance’s transactions were made by their “VIP” customers. These customers were able to avoid having suspicious activity filings on their transactions as the compliance department was a sham. The settlement requires Binance to do a look back, and they will be required to identify each and every suspicious transaction. This will expose some big whales that were using cryptocurrency in illegal ways and could dry up liquidity to a certain extent.
 
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I disagree. It’s not getting much play, but a large portion (by dollar) of Binance’s transactions were made by their “VIP” customers. These customers were able to avoid having suspicious activity filings on their transactions as the compliance department was a sham. The settlement requires Binance to do a look back, and they will be required to identify each and every suspicious transaction. This will expose some big whales that were using cybersecurity in illegal ways and could dry up liquidity to a certain extent.

I would think if that circle of people starts going down then CZ will be found in a suitcase soon like that other cryptobro.
 
I would think if that circle of people starts going down then CZ will be found in a suitcase soon like that other cryptobro.
CZ won’t be in charge of the look back, current staff will and there will be an independent party overseeing it. But yes, he could end up in a suitcase when he gets out of the big house.
 
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You’re kidding, right? I have made multiple withdrawals totaling over 30 times what you note (to cover some major home renovations) over the last few months without any appointment. Unless you are talking about cash withdrawals. If so, you might need the appointment since bank AML regulations require banks to identify suspicious transactions.
Half kidding, but yes I was talking about cash. Banks hardly carry it anymore
 
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yeah, it's probably heading to $100,000
I know you are being sarcastic, but why is that every time BTC starts to go up, people start to throw around $100,000? What is so special about this level? it is 250% from here. That is just unrealistic.
 
I know you are being sarcastic, but why is that every time BTC starts to go up, people start to throw around $100,000? What is so special about this level? it is 250% from here. That is just unrealistic.

it's the number a lot of talking heads pump-up

 
I know you are being sarcastic, but why is that every time BTC starts to go up, people start to throw around $100,000? What is so special about this level? it is 250% from here. That is just unrealistic.
In theory…next leg up would be above 65. 100 is a nice round number above there.
 
Waiting to see if Helium’s phone and WiFi gains some more traction. It’s pretty attractive from a price perspective for sure and I’ve heard good things about the service. How this translates to $hnt will also be interesting to see.

 
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Waiting to see if Helium’s phone and WiFi gains some more traction. It’s pretty attractive from a price perspective for sure and I’ve heard good things about the service. How this translates to $hnt will also be interesting to see.

Helium rewarding was much more profitable when it first came out. Now, from everything I've read, the rewards are too small to make up for the price of buying a node and take much longer to at least break even. Try looking into DIMO, easy money with a simple device to hook up in your car. The reward token is airdropped weekly, all you have to do is drive your car at least once a week, no mileage requirements.
 
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El Salvador has entered the chat…

Naturally this means the Bitcoin city fantasy will become reality… also that Bukele will be building all of the infrastructure he promised with those paper gains… right?

No it means the guy who used his countries taxpayer money at the roulette wheel will continue to let it stay at the roulette wheel.
 
Naturally this means the Bitcoin city fantasy will become reality… also that Bukele will be building all of the infrastructure he promised with those paper gains… right?

No it means the guy who used his countries taxpayer money at the roulette wheel will continue to let it stay at the roulette wheel.
I’m sure he’s holding until it hits $500k
 
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Helium rewarding was much more profitable when it first came out. Now, from everything I've read, the rewards are too small to make up for the price of buying a node and take much longer to at least break even. Try looking into DIMO, easy money with a simple device to hook up in your car. The reward token is airdropped weekly, all you have to do is drive your car at least once a week, no mileage requirements.
After I posted this, DIMO doubled in price. Sold for a 150% profit. Will get my next airdrop on Monday. In case you were wondering, the airdrop consists of a fixed amount of tokens not based on value, so 100 tokens airdropped next Monday will be worth more than my airdrop last week assuming no price change.
 
Helium rewarding was much more profitable when it first came out. Now, from everything I've read, the rewards are too small to make up for the price of buying a node and take much longer to at least break even. Try looking into DIMO, easy money with a simple device to hook up in your car. The reward token is airdropped weekly, all you have to do is drive your car at least once a week, no mileage requirements.
$hnt with a 70% move today, I caught 50% of it. Signed up for DIMO, interesting concept if they can get people to use the app. Very good UI
 
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THIS is always where they wanted to go.

" CEO Jamie Dimon lashed out at bitcoin and its peers, suggesting in remarks Wednesday on Capitol Hill that cryptocurrencies should be banned.

“I’ve always been deeply opposed to crypto, bitcoin, etc.,” the head of the largest U.S. bank by assets said under questioning from Sen. Elizabeth Warren, D-Mass., during a Senate Banking Committee hearing. “The only true use case for it is criminals, drug traffickers … money laundering, tax avoidance.”

“If I was the government, I’d close it down,” he added."


 
THIS is always where they wanted to go.

" CEO Jamie Dimon lashed out at bitcoin and its peers, suggesting in remarks Wednesday on Capitol Hill that cryptocurrencies should be banned.

“I’ve always been deeply opposed to crypto, bitcoin, etc.,” the head of the largest U.S. bank by assets said under questioning from Sen. Elizabeth Warren, D-Mass., during a Senate Banking Committee hearing. “The only true use case for it is criminals, drug traffickers … money laundering, tax avoidance.”

“If I was the government, I’d close it down,” he added."


The King of Traditional Finance afraid of New Finance? Shocked, shocked I tell you. :)
 
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THIS is always where they wanted to go.

" CEO Jamie Dimon lashed out at bitcoin and its peers, suggesting in remarks Wednesday on Capitol Hill that cryptocurrencies should be banned.

“I’ve always been deeply opposed to crypto, bitcoin, etc.,” the head of the largest U.S. bank by assets said under questioning from Sen. Elizabeth Warren, D-Mass., during a Senate Banking Committee hearing. “The only true use case for it is criminals, drug traffickers … money laundering, tax avoidance.”

“If I was the government, I’d close it down,” he added."


I mean, if there’s anyone who knows about scams, tax avoidance and human trafficking, it would be him…
 
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episode 17 GIF
 
Elastos announced the launch of BeL2, a Layer 2 network built on Bitcoin, to introduce sophisticated BTC transactions on its blockchain.


Can someone summarize what this means? Its up 70% today.
 
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