Crypto Megathread V16 - Only The Strong Survive

[TeTe]

If we hit 50k tomorrow, I'd cash out the rest of my BTC probably. There's no way this is organic or sustainable especially if we hit 50k within the next few days it almost feels like an exit pump.

Why don't you just level out? $50k ain't shit compared to $65k... Which I'm sure it'll pass in the near future.

 

[Rob Battisti]

The API3 train is unstoppable

 

[Anewt]

A lot of FUD in here again

 

[Omegaboy13]

A lot of FUD in here again

Almost all of these dudes are soft ass paper hands looking for that short money. As soon as a new asset comes out they are trading off all of another asset they were lauding for weeks to pick up some of the new shiny shit. Come at me hoes.

 

[StoneColdSteveAustin]

ETH looking strong today.

 

[Rygu]

Why don't you just level out? $50k ain't shit compared to $65k... Which I'm sure it'll pass in the near future.

No I only would if we kept going parabolic-like. Now it seems to be somewhat normal, pretty much a stalemate for longs and shorts. But you have to assume if there's a massive amount, like in the billions either way that just by chance BTC will do what it must to liquidate them all lol.

I wonder when we get to 60-65k if we'll see a lot of the ones who bought the top exiting so they don't chance a 2nd bedshitting.

 

[Strychnine]

The API3 train is unstoppable

Glad I hopped aboard!

 

[Strychnine]

Sherbros, please don't go around flexing if you get massive gains.

Brazilian Teen Crypto Trader Shot Dead After Flaunting His Wealth Online

"Santarem could also be a fatal victim of so-called "Insta-bragging," which The Sun recently claimed has led criminal gangs to target Bitcoin traders and influencers "after they have flaunted their wealth on social media."

Photo: The last Instagram photograph of Wesley Pessano Santarem, taken July 31, shows him displaying the contents of his wallet and his Porsche Boxster.

Brazilian Teen Crypto Trader Shot Dead After Flaunting His Wealth Online (msn.com)

R.I.P.

No Snapchat, Instagram, Facebook, or anything.

There is only Sherdog.

 

[Anewt]

Sherbros, please don't go around flexing if you get massive gains.

Brazilian Teen Crypto Trader Shot Dead After Flaunting His Wealth Online

"Santarem could also be a fatal victim of so-called "Insta-bragging," which The Sun recently claimed has led criminal gangs to target Bitcoin traders and influencers "after they have flaunted their wealth on social media."

Photo: The last Instagram photograph of Wesley Pessano Santarem, taken July 31, shows him displaying the contents of his wallet and his Porsche Boxster.

Brazilian Teen Crypto Trader Shot Dead After Flaunting His Wealth Online (msn.com)

R.I.P.

No Snapchat, Instagram, Facebook, or anything.

There is only Sherdog.

Cruel world isn't it.

Rip young man

 

[Rygu]

Sherbros, please don't go around flexing if you get massive gains.

Brazilian Teen Crypto Trader Shot Dead After Flaunting His Wealth Online

"Santarem could also be a fatal victim of so-called "Insta-bragging," which The Sun recently claimed has led criminal gangs to target Bitcoin traders and influencers "after they have flaunted their wealth on social media."

Photo: The last Instagram photograph of Wesley Pessano Santarem, taken July 31, shows him displaying the contents of his wallet and his Porsche Boxster.

Brazilian Teen Crypto Trader Shot Dead After Flaunting His Wealth Online (msn.com)

R.I.P.

No Snapchat, Instagram, Facebook, or anything.

There is only Sherdog.

Damn that's whack. I would actually go in the opposite direction, if I was rich I would go out of my way to not appear rich. One for safety reasons, and two I don't really give a shit about how I appear to strangers.

 

[Rob Battisti]

https://www.bloomberg.com/news/arti...n-in-infrastructure-bill-blocked?srnd=premium


Language that fucks crypto still in the Bill.

Yes, that’s a real headline. There is still a possibility it can be amended later, but just shows how dense our process is.

 

[BlankaPresident]

Sherbros, please don't go around flexing if you get massive gains.

Brazilian Teen Crypto Trader Shot Dead After Flaunting His Wealth Online

"Santarem could also be a fatal victim of so-called "Insta-bragging," which The Sun recently claimed has led criminal gangs to target Bitcoin traders and influencers "after they have flaunted their wealth on social media."

Photo: The last Instagram photograph of Wesley Pessano Santarem, taken July 31, shows him displaying the contents of his wallet and his Porsche Boxster.

Brazilian Teen Crypto Trader Shot Dead After Flaunting His Wealth Online (msn.com)

R.I.P.

No Snapchat, Instagram, Facebook, or anything.

There is only Sherdog.

There is certainly more to it than just him showing off the money. Police is investigating the possibility of money launderers silencing him or maybe he scammed the wrong guys

 

[Strychnine]

It's not over until it's over..


It's official: Cryptocurrency is infrastructure

"(CNN)Senate negotiators -- not always known for their tech savvy -- made a breakthrough Monday over regulations on online transactions known as cryptocurrency.

The breakthrough is significant for two reasons: 1) Negotiators were able to reach a bipartisan consensus. 2) It deals with a largely new industry, which uses blockchain technology for online transactions.

The Senate's average age is 64.3 years -- older than the House's 58.4 years, according to the Library of Congress. And among US investors over 50, 76% say they haven't even heard of cryptocurrencies, according to a recent Gallup poll."


It's official: Cryptocurrency is infrastructure - CNNPolitics

TLDR: "The Point: Bipartisan negotiators took on the largely new-to-them frontier of cryptocurrency and made a deal -- expanding our definition of "infrastructure" once again to keep up with the times."

 

[Anewt]

It's not over until it's over..


It's official: Cryptocurrency is infrastructure

"(CNN)Senate negotiators -- not always known for their tech savvy -- made a breakthrough Monday over regulations on online transactions known as cryptocurrency.

The breakthrough is significant for two reasons: 1) Negotiators were able to reach a bipartisan consensus. 2) It deals with a largely new industry, which uses blockchain technology for online transactions.

The Senate's average age is 64.3 years -- older than the House's 58.4 years, according to the Library of Congress. And among US investors over 50, 76% say they haven't even heard of cryptocurrencies, according to a recent Gallup poll."


It's official: Cryptocurrency is infrastructure - CNNPolitics

TLDR: "The Point: Bipartisan negotiators took on the largely new-to-them frontier of cryptocurrency and made a deal -- expanding our definition of "infrastructure" once again to keep up with the times."

Well that's good news... isn't it ?

 

[Strychnine]

Well that's good news... isn't it ?

Well, it's got younger Congress members in on it and since the average member of Congress doesn't know what Wi-Fi is, it's a start.

 

[TeTe]

So some dumb prick from Alabama voted against the amendment because he was all sour grapes he didn't his $50b in defense budgeting.

 

[TeTe]

Sherbros, please don't go around flexing if you get massive gains.

Brazilian Teen Crypto Trader Shot Dead After Flaunting His Wealth Online

"Santarem could also be a fatal victim of so-called "Insta-bragging," which The Sun recently claimed has led criminal gangs to target Bitcoin traders and influencers "after they have flaunted their wealth on social media."

Photo: The last Instagram photograph of Wesley Pessano Santarem, taken July 31, shows him displaying the contents of his wallet and his Porsche Boxster.

Brazilian Teen Crypto Trader Shot Dead After Flaunting His Wealth Online (msn.com)

R.I.P.

No Snapchat, Instagram, Facebook, or anything.

There is only Sherdog.

Brazil gonna Brazil. Not the place you want to flaunt money. Just like those baseball players that make it big from the Dominican Republic. Most will never go back when have money since they'll have a target on their back.

 

[Strychnine]

Brazil gonna Brazil. Not the place you want to flaunt money. Just like those baseball players that make it big from the Dominican Republic. Most will never go back when have money since they'll have a target on their back.

I didn't know that about the D.R. I was watching 30 for 30 "Broke" and this one guy (from the U.S.) said that when he got drafted into the pros that some people broke into his mom's house because they thought the money was there.

Sucks that people are like that.

 

[TeTe]

Even though the market is pumping... There's still not a ton of volume moving. This is good. A lot of long term hodlers are still hodling.

 

[SSgt Dickweed]

It's not over until it's over..


It's official: Cryptocurrency is infrastructure

"(CNN)Senate negotiators -- not always known for their tech savvy -- made a breakthrough Monday over regulations on online transactions known as cryptocurrency.

The breakthrough is significant for two reasons: 1) Negotiators were able to reach a bipartisan consensus. 2) It deals with a largely new industry, which uses blockchain technology for online transactions.

The Senate's average age is 64.3 years -- older than the House's 58.4 years, according to the Library of Congress. And among US investors over 50, 76% say they haven't even heard of cryptocurrencies, according to a recent Gallup poll."


It's official: Cryptocurrency is infrastructure - CNNPolitics

TLDR: "The Point: Bipartisan negotiators took on the largely new-to-them frontier of cryptocurrency and made a deal -- expanding our definition of "infrastructure" once again to keep up with the times."

Based on what some yt pundits say, this doesn't really mean much. Even if the Senate passes this bill, it would then have to go to Congress and considering the resistance this has faced, maybe not going to be enacted as law (?).

And even if it has passed through Congress, it will only be implemented in 2023, to which revisions can still be plugged in 2022. We can only hope this is true.