Page 27 of 33
Cryptocurrency
Posted: Tue Jul 20, 2021 10:41 pm
by Leisher
GORDON wrote: ↑Tue Jul 20, 2021 9:30 pm
u can't go to space there are still hungry people on earth
That meme really pissed me off.
So many people are so short sighted and stupid.
Cryptocurrency
Posted: Wed Aug 11, 2021 10:40 am
by Leisher
$600M cryptocurrency theft.
Regulators have increased their scrutiny of crypto platforms as investors pour billions of dollars into digital currencies. Senator Elizabeth Warren recently asked SEC Chair Gary Gensler to investigate the SEC's ability to oversee trading on crypto platforms.
In response, last week, Gensler said: "Right now, I believe investors using these platforms are not adequately protected."
Duh?
It's not physical, not insured, not regulated, not backed by any official government, and sits on computer systems that not only can be hacked, but are primary targets for hackers around the world.
Cryptocurrency
Posted: Wed Aug 11, 2021 10:43 am
by TheCatt
It's all garbage. Shut it down.
Cryptocurrency
Posted: Tue Aug 24, 2021 10:42 am
by TheCatt
People's coinbase accounts get hacked. The article talks about poor customer service, which is true, but these people didn't secure their world properly.
Coinbase should probably be smarter about suspicious logins, etc. But, welcome to crypto world people.
Cryptocurrency
Posted: Tue Aug 24, 2021 12:42 pm
by Leisher
TheCatt wrote: ↑Wed Aug 11, 2021 10:43 am
It's all garbage. Shut it down.
This
Except for DOGE, of course!
Cryptocurrency
Posted: Tue Sep 07, 2021 2:50 pm
by Leisher
El Salvador makes Bitcoin legal tender and buys 550 of them.
The International Monetary Fund, which provided an emergency loan to El Salvador last year and is now negotiating another round of lending, has taken a dim view of using bitcoin as legal tender, saying that doing so raises a number of economic, financial and legal issues.
Weird that El Salvador isn't a world leader in finance...
Cryptocurrency
Posted: Tue Sep 07, 2021 4:51 pm
by TheCatt
ETH + BTC stormed all the way back to $4k and $50k, respectively, and are now on their way back down at 3.4k and $46.4k.
Cryptocurrency
Posted: Tue Sep 21, 2021 10:18 am
by TheCatt
TheCatt wrote: ↑Tue Sep 07, 2021 4:51 pm
ETH + BTC stormed all the way back to $4k and $50k, respectively, and are now on their way back down at 3.4k and $46.4k.
And back to $3k and $42.5k
Cryptocurrency
Posted: Tue Sep 21, 2021 3:06 pm
by TheCatt
Sometimes I wonder if art was the original cryptocurrency: Limited # (only 1 of a given painting), easy to avoid government taxes, smuggleable, etc.
Cryptocurrency
Posted: Fri Sep 24, 2021 10:00 am
by Leisher
China bans all crypto and crypto activities.
I genuinely wonder why more countries haven't gone the same route.
Cryptocurrency
Posted: Fri Sep 24, 2021 10:17 am
by TheCatt
Srsly.
Although I bet a bunch of wealthy people are suddenly interested in it with the Democrat tax bill.
Cryptocurrency
Posted: Fri Sep 24, 2021 10:41 am
by GORDON
America accomplished so much with the "war on weed" that I am sort of surprised they haven't started a "war on processor cycles."
Cryptocurrency
Posted: Thu Oct 07, 2021 5:11 pm
by Leisher
Cryptocurrency
Posted: Thu Oct 07, 2021 8:01 pm
by TheCatt
Part of me wonders if the new Democratic tax bills are spurring demand for crypto.
Cryptocurrency
Posted: Thu Oct 07, 2021 10:27 pm
by Leisher
I'm sure a lack of faith in government and fear of constant new government theft taxes cause a lot of people to invest in crypto.
Cryptocurrency
Posted: Mon Oct 18, 2021 10:52 am
by Leisher
Crypto doing well and about to get a boost.
This all continues to be based on nothing. It has to burst at some point right?
How is crypto different from comic books or baseball cards, you know, aside from those things actually existing? The value is still only want someone wants to pay.
Cryptocurrency
Posted: Mon Oct 18, 2021 2:15 pm
by GORDON
Well, I mean, US dollars are based on essentially nothing.
Cryptocurrency
Posted: Mon Oct 18, 2021 2:48 pm
by TheCatt
GORDON wrote: ↑Mon Oct 18, 2021 2:15 pm
Well, I mean, US dollars are based on essentially nothing.
People take my dollars.
Cryptocurrency
Posted: Mon Oct 18, 2021 5:02 pm
by Leisher
TheCatt wrote: ↑Mon Oct 18, 2021 2:48 pm
GORDON wrote: ↑Mon Oct 18, 2021 2:15 pm
Well, I mean, US dollars are based on essentially nothing.
People take my dollars.
I laughed.
Also, US dollars technically are backed by gold, insurance, and governments. Bitcoin isn't backed by shit. If the market decided tomorrow they have no value, they'd have no value.
Cryptocurrency
Posted: Mon Oct 18, 2021 5:29 pm
by GORDON
The US Dollar is no longer backed by gold. It's mostly just a mass agreement that it's worth something.