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Crypto-trading thread

842,887 Views | 8845 Replies | Last: 12 hrs ago by Heineken-Ashi
Adverse Event
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RED AG 98 said:

Everything I've read is focused on maximizing use of the capital equipment and not re-selling the BTC as you mention.

The idea is pretty simple. We basically currently have zero large-scale ability to store generated electricity. What you are using consuming right now at your house or office or Starbucks or wherever was generated right now based on the actual demand on the grid. This means that the grid has to be sized for the worst case, which ideally rarely occurs.

There are many different levels to the grid, but some of this on-call capacity is cycled on an off daily whereas others are only used seasonably (summers in the south, etc). BTC just provides another revenue stream for this capacity when otherwise not required by the grid. So it's a diversification to improve the ROI on this extra capacity.

That was impressively written on a complex topic. Bravo.
XpressAg09
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AG
Lots of de-dollarization news lately, and we're back over $30k
Fightin2010
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AG
La Bamba
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AG
Definitely Not A Cop
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AG
Bitcoin goes up.
Definitely Not A Cop
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AG
How much, if any, retracing do you guys expect?

The next halving cycle doesn't start for months, right?
AggieMainland
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The next cycle is 12 months away.
MRB10
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AG
AggieMainland said:

The next cycle is 12 months away.


This is a very different environment, compared to 2019, but the last halving was May 11, 2020.

BTC Price(USD) 5/11/19: $7,169
BTC Price(USD) 5/11/20: $8,725
BTC Price(USD) 5/11/21: $57,370

Next having is April 25, 2024.

Obligatory…
AggieMainland
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To the moon!
LatinAggie1997
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AG
https://www.reuters.com/markets/us/us-sec-weigh-taking-more-feedback-plan-expand-exchange-definition-2023-04-14/
exp
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AG
TTUArmy said:

Ptery83 said:

Short term bump or start of a positive cycle?
FedNow is gaining steam.

May not be a bad idea to start looking at ISO 20022 tokens.
XRP
XLM
XDC
HBAR
QNT
ALGO
...to name a few.


LatinAggie1997
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AG
https://crypto.news/chinese-state-owned-bank-starts-working-with-crypto-firms-in-hong-kong/
LatinAggie1997
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AG
https://beincrypto.com/sec-chairman-gary-gensler-caught-shilling-algorand-now-deems-it-a-security/
will25u
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exp said:

TTUArmy said:

Ptery83 said:

Short term bump or start of a positive cycle?
FedNow is gaining steam.

May not be a bad idea to start looking at ISO 20022 tokens.
XRP
XLM
XDC
HBAR
QNT
ALGO
...to name a few.



I don't know if you were drawing attention to the PEPE coin, but I had ~$6 on LBank and bought 48 million @ .00000011741 and am up ~60% in the last hour. Transferred another $20 from another exchange to buy some more, but LTC is soooo slow to move.

I'm pretty much all in on XRP currently.

ETA: $25 is about my limit on buying S...coins to try and catch a rocket.
LatinAggie1997
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AG
https://watcher.guru/news/shiba-inu-is-its-own-decentralized-ecosystem-certik
will25u
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Ouch,

Troglodyte
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AG
Is anybody else having problems logging into CoinBase?
Brian Earl Spilner
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AG
I got an email from Coinbase that my ETH2 had been unstaked right at 4 pm, the exact moment of the bottom of the dip.

Maybe some correlation there.
Definitely Not A Cop
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AG
Looks like it settled out pretty quickly, or am I missing something?
p-townag
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AG
will25u said:

Ouch,



I am embarrassed I have no idea what this means.
Adverse Event
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It really doesn't matter in the grand scheme.
What bitcoin’s detractors don’t understand is monetary economics, computer science, software engineering, network protocols, and electrical systems.

It ain't much, but it's honest Proof of Work.
PlaneCrashGuy
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AG
Would you mind translating for us anyway? FOMO is tearing me up.
I'm not sure if people genuinely believe someone is going to say, "Wow, if some people say I'm a moron for not believing this, it clearly must be true."

It's not much a persuasive argument. It really just sounds like a bunch of miniature dachshunds barking because the first one one barked when it thought it heard something.
Adverse Event
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PlaneCrashGuy said:

Would you mind translating for us anyway? FOMO is tearing me up.


People gambling against other people lost because they are trading instead of putting coin in cold storage and working on P2P networks of goods and services.
What bitcoin’s detractors don’t understand is monetary economics, computer science, software engineering, network protocols, and electrical systems.

It ain't much, but it's honest Proof of Work.
LatinAggie1997
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AG
It is one aspect of digital assets I wish was not prevalent...the longs and shorts...too many swings based on liquidity grabs.
tysker
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AG
Quote:

instead of putting coin in cold storage and working on P2P networks of goods and services.
ok sure good luck with that
LatinAggie1997
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AG
tysker said:

Quote:

instead of putting coin in cold storage and working on P2P networks of goods and services.
ok sure good luck with that


Why? Lending is already happening and is growing. Once real world assets are included as collateral (as opposed to BTC, ETH, ADA, etc) . The current financial model will die. I give it 5-10 years.
tysker
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AG
LatinAggie1997 said:

tysker said:

Quote:

instead of putting coin in cold storage and working on P2P networks of goods and services.
ok sure good luck with that


Why? Lending is already happening and is growing. Once real world assets are included as collateral (as opposed to BTC, ETH, ADA, etc) . The current financial model will die. I give it 5-10 years.
cold storage =/ lending, if you are lending, staking, leveraging, or extending credit you are gambling and adding risk to the system. cold storage removes that risk.
LatinAggie1997
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AG
tysker said:

LatinAggie1997 said:

tysker said:

Quote:

instead of putting coin in cold storage and working on P2P networks of goods and services.
ok sure good luck with that


Why? Lending is already happening and is growing. Once real world assets are included as collateral (as opposed to BTC, ETH, ADA, etc) . The current financial model will die. I give it 5-10 years.
cold storage =/ lending, if you are lending, staking, leveraging, or extending credit you are gambling and adding risk to the system. cold storage removes that risk.


Ok, not debating differences just expanding on the P2P networks and services and your response of good kuck.
MRB10
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AG
I'm interested to know what this post means in the context of that emoji.
tysker
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AG
There is already a P2P network created by exchanges and brokers providing on/off ramp capabilities. They provide access and price discovery. But any network, by default, is an intermediary which is antithetical to the BTC project. The long-term promise Is direct, costless, and frictionless transfers. If you're waiting on large-scale direct linkages fulfilling that promise, especially using cold storage, I wish you luck.
Whitehouse Road
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AG
Based on AE past posting I interpreted that as put your BTC in cold storage and forget about it. Work on developing a network of self sustainability i.e a barter network for goods and services so you can survive when shtf.

Could be way off though.
LatinAggie1997
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AG
https://www.coindesk.com/business/2023/05/04/us-court-orders-sec-to-respond-to-coinbase-allegations-within-10-days/
LatinAggie1997
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AG
https://dailyhodl.com/2023/05/04/cbdc-to-be-outlawed-in-florida-if-us-government-introduces-one-vows-governor-ron-desantis-report/
LatinAggie1997
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AG
https://u.today/cardanos-long-awaited-scaling-protocol-hydra-goes-live-on-mainnet-details
will25u
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$PEPE! Still going! Just listed on KuCoin and Binance.

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