Over 41k right now.
44 points to Ace if we hit 44k by Sunday night
Don't mean to step on your toes Chucky
44 points to Ace if we hit 44k by Sunday night
Don't mean to step on your toes Chucky
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Kind of hoping we can get a little consolidation here around 35.5k to prove this uptrend is supported....otherwise I will settle for a green dildo above the weekly 20MA...if that happens I think even I will have a girlfriend by end of summerComment -
Agree with TRob here. I don't mind 36kish but if we hit another dong up it will be seatbelt time.
Who the hell knowsComment -
BTC over 42k. If it hits tonight double points for AceComment -
By the middle of next week bitcoin will be worth around $1.35.Comment -
Thank you mike78.
We are bullishComment -
Bitcoin Fibonacci was between $33,548 and $40,570. We just passed $40,570 for the first time in awhile. If we hit $44,137, we're going to the moon.Last edited by DreaAngie; 07-30-21, 11:14 PM.Comment -
ADA is right there too. If ADA can hit $133.23, it's go time.
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between this and a recent interaction with a time traveller I’m starting to get some hopium....a hard rejection off the 20MA weekly and I may shed some tearsComment -
Cryptocurrency industry fears big tax hit in infrastructure bill
Buried in the still-unreleased bipartisan infrastructure package is a sweeping crackdown on cryptocurrency transactions that could generate significant tax revenue for the government and major anxiety in a financial technology industry that thrived during the coronavirus pandemic.
Lawmakers want people facilitating trades in Bitcoin and other digital assets to be subject to reporting rules similar to those governing the sale of stocks and other securities: Brokers would be required to report things like how much people paid for cryptocurrencies.
The proposal is alarming many in the industry, who are expressing fear of being ambushed with a host of new rules they could be stuck with for years.
They see the new reporting requirements as potentially damaging the economic viability of cryptocurrency markets, which have seen a rapid expansion in new users during the pandemic.
Given how much new tax revenue could be at stake and the amount of progress that has been made on the bill, many doubt the language will be eliminated, so they are focused on efforts to make what they see as improvements.
Industry groups including the Blockchain Association, Coin Center and the Association for Digital Asset Markets outlined their opposition to the requirements in statements on Thursday, taking particular note of provisions in the draft version that could lead to targeting of individual users.
Perianne Boring, founder and president of the Chamber of Digital Commerce, said in an interview on Friday that her group proposed amending the bill language to “tighten the definition” of what constitutes brokering activity to exclude cryptocurrency miners and the operators of decentralized finance platforms.
“The idea of shoving this into a congressional mandate or as a as a revenue-generator for something completely unrelated, is not the preferred way or the right way to get the best policy,” Boring said, noting that ADAM and others have repeatedly asked for more guidance from the IRS on how to enforce existing laws.
Tax compliance is considered a major problem with cryptocurrencies, and lawmakers are hungry for the $28 billion their proposals are said to raise to help finance their big-ticket spending plans.
The issue is complicated, potentially affecting banking and securities law. It also crosses jurisdictions in Congress, from the tax committees to banking panels.
The move to boost cryptocurrency reporting requirements comes after Republicans killed a plan to boost IRS enforcement by greatly expanding the agency’s budget — something Democrats are expected to tackle in a separate tax-reconciliation package.
IRS Commissioner Charles Rettig has repeatedly asked lawmakers for more power to improve tax compliance in the cryptocurrency industry, where many market participants are unaware of their obligations or are outright cheating.Comment -
look at ETH
finally broke 2500
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a lot going on with ETH, just hope there are no more delays, many think ETH could overtake bitcoin ...
just hope they dont mess up ETH 2.0Comment -
double bubble season like 2013
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Hard to say, Chucky. I've still got BTC and ETH. I was just commenting towards the OP's post.
Can one trust a stablecoin to hold it's value? For example, if we have a nice little run up and want to take profit, will cashing into a stablecoin retain it's value over the next few years?
I can think of a few things that I don't like to think about that could turn the whole crypto space upside down.....grid outage, war with fill-in-the-blank country, the government declares war on the people (which is probably happening right now), etc. Hope not, but there might be some dark scenarios ahead. Stock up your food and it wouldn't hurt to think/be like a prepper....
I do have some privacy coins - just in case. In case of no power, some silver.Comment -
I sold all last night at 42500. Made a nice profit from 30000.
Now waiting on the next drop to 30000 to buy again.Comment -
https://www.investopedia.com/tech/fi...ptocurrencies/1. Monero
Monero's (XMR) popularity has been on the rise, primarily due to its ability to help anonymize users. Monero transactions are much more difficult to trace because they use ring signatures and stealth addresses. These methods help to hide the identities of the sender and the receiver. Additionally, Ring Confidential Transactions, or RingCT, helps to conceal the transaction amount, providing more privacy.
Trading at $221.46 as of July 4, 2021, Monero was the 26th-largest cryptocurrency by overall market value, coming in at roughly $2.8 billion.1
2. Zcash
Zcash (ZEC) defines itself as “If Bitcoin is like http for money, Zcash is https," underlining its enhanced security and privacy features. Zcash has implemented a cryptographic tool called Zero-Knowledge Proof and grants participants an option to shield transactions. It allows participants to transact without any of them revealing their addresses to the other(s). Zero-Knowledge Proof also obfuscates the transaction amount.
Zcash ranks at number 60 in the list of cryptocurrencies with a market cap of $1.49 billion and is trading at $122.68 per ZEC as of July 4, 2021.1
3. DASH
Created in 2014, DASH is a cryptocurrency that allows the user to choose whether or not their transactions are anonymous and private using its PrivateSend feature. This allows users who would like to remain within their countries' regulatory standards to do so. The feature works by obscuring the origins of your funds. Choosing to use the private send feature will slightly raise the fee for the transaction. DASH achieves this through a mixing protocol utilizing an innovative decentralized network of servers called master nodes.
As of July 4, 2021, Dash ranked 61st by market cap with a total value of over $1.46 billion. At the time of writing, it is trading at around $142.60.1
4. Horizen
Horizen (ZEN) offers privacy shielded Z-Addresses and public T-Addresses that work similarly to Bitcoin. However, sending funds from a Z-Address to a T-Address will show the amount received. Horizen also boasts a vast node network, which helps to improve anonymity.
On July 4, 2021, Horizen traded at $68.93 and had a total market cap of around $776.56 million. That made it the 83rd largest cryptocurrency.1
5. Verge
Instead of relying on cryptographic techniques, Verge (XVG) banks on the existing and tested technology of The Onion Router (TOR) and the Invisible Internet Project (I2P) to protect users' identities. TOR bounces a user's communications over a distributed network of relays and tunnels run by volunteers spread across the globe, thereby hiding the user’s identity. On the other hand, I2P encrypts user data before sending it through an anonymous, peer-to-peer, and volunteer-run globally distributed network. It allows hiding the locations and IP addresses of the transacting participants.
Verge made headlines when a popular adult website adopted it to start accepting cryptocurrency payments. The primary reason for the development was Verge’s privacy features.
As of July 4, 2021, Verge ranked 111th by market cap with a total value of $393.63 million and an exchange rate of $0.024 cents.2
6. Beam
Beam is a security-focused token with core features that include complete control over your privacy. All transactions are private by default and no addresses or other private information are stored on the blockchain. It claims superior scalability due to its compact blockchain size, opt-in auditability, support for online and offline transactions, atomic swaps, and hardware wallets integration.3
As of July 4, 2021, Beam tokens were trading at $0.43, with a total market value of $39.77 million, making it the 462nd most valuable cryptocurrency.1Comment -
Ace has got it. Monero (XMR) is the grandaddy of the privacy coins. Pirate Chain (ARRR) is the new kid on the block. If you're just looking for a long term investment that may lead to a good multiplier, I would go with Pirate as it is still relatively unknown. It is currently at $3.62. It went to $16 when things were going well and fell to around $2 during the recent mini-bear. Details on how to buy Pirate found in this thread:Which privacy coins do you like if you don't mind me asking? An above poster mentioned XMR and pirate chain.
Monero is established and will flow with the pack and should do as well (or better) as all the other top cryptos - Bitcoin, Bitcoin Cash, ETH, Litecoin, etc.
There are other privacy coins - ZCash, Dash and more but they all are conditional privacy. You have to understand how their privacy works and know how to move them around. With Monero and Pirate, privacy is "default".
BTC can be "mixed" for a fee. Also, look into the Wasabi Wallet. I have a Wasabi Wallet but have never used it. It's not an easy process to use it. Search tutorials on Youtube if you are really interested.
ETH can be mixed at the Tornado.cash website.Comment -
Very great info in here from some great minds. I appreciate it. XMR & ARRR seem great if the government imposes new laws and taxes on crypto; which looks to be the case.Comment -
Picked up one bit of info on Pomp's recent chat w/ Will Clemente:
*Will said that Willy Woo charges $50 per month for Woo's newsletter.
I think that totally invalidates Willy Woo's opinion. If Woo is searching for fish, I think he should be ignored.Where's the fuckin power box, Carol?Comment -
Reminder to be careful and vigilant when clicking links and connecting to websites. Never share your keys.
Shocked somebody who has cryptopunks, got fooled by a Discord bot scam.
If somebody randomly messages you on Discord, Telegram...just delete the message and block them!
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Has anyone heard from GotMilk?
I am worried that he finally figured out how to short Bitcoin about 2 weeks ago, after 6 months of asking how.Comment -
sold my first nft today bought for 3 solana sold for 27Comment
