1. #7701
    Optional
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    Quote Originally Posted by raiders72001 View Post
    definitely, hoping that the CFTC wins and ETH will become a commodity.
    Explain please?

  2. #7702
    bigtymer56
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    Quote Originally Posted by Optional View Post
    Explain please?
    Think the basics is if ETH is classified as a commodity it is under the CFTC. However, if is classified as a security, it is under the SEC, which brings more regulations and headaches.

  3. #7703
    raiders72001
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    Quote Originally Posted by Optional View Post
    Explain please?
    CFTC writes the rules and regulations for commodities such as gold, copper, coffee. SEC writes the rules for securities such as stocks. Both the CFTC and SEC claim that cryptos should be under their rules.

    The SEC says cryptos are securities because of the "Howey Test". In my opinion cryptos that have an ICO or are pre-mined are securities as written. I agree with Charles Hoskinson in that cryptos should have a separate set of rules. Hoskinson did a great job when he testified before congress.

    As bigtymer says, the SEC brings in a lot more headaches to all. That said, exchanges do need to be regulated so that there isn't another FTX.

  4. #7704
    raiders72001
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    NY is suing KuCoin. The SEC is going after cryptos one by one. It's out of hand right now.

  5. #7705
    shadymcgrady
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    All gensler does is bring up frivolous lawsuits in his pathetic attempts to strong arm the industry. He's on his way out and rightfully so. The war going on right now is the stable coin fight between usdc vs everyone. You can see it with the fake fud being thrown at binance and anyone who is deemed a threat to usdc

  6. #7706
    homie1975
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    one of the best two threads going anymore (the other is the stock thread)

  7. #7707
    ChuckyTheGoat
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    21,158. Approaching t-1 date b4 halving.

  8. #7708
    ChuckyTheGoat
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    Quote Originally Posted by ChuckyTheGoat View Post
    21,158. Approaching t-1 date b4 halving.
    21,735. Are we taking off?

  9. #7709
    ChuckyTheGoat
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    Quote Originally Posted by ChuckyTheGoat View Post
    21,735. Are we taking off?
    22,068

  10. #7710
    ChuckyTheGoat
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    Quote Originally Posted by ChuckyTheGoat View Post
    22,068
    22340

  11. #7711
    homie1975
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    When the halving takes place and how the exact date is calculated. Bitcoin's next halving is expected to arrive between March and May 2024, at block No. 210,000 starting from the previous halving, so at No. 840,000.Mar 3, 2023

  12. #7712

  13. #7713
    homie1975
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    Quote Originally Posted by ChuckyTheGoat View Post
    21,735. Are we taking off?
    it is because NASDAQ futures are in bright green, that's why

  14. #7714
    ChuckyTheGoat
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    Quote Originally Posted by ChuckyTheGoat View Post
    22340
    22,600

  15. #7715
    themike78
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    On wednesday $1.03

  16. #7716
    ChuckyTheGoat
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    Quote Originally Posted by ChuckyTheGoat View Post
    22,600
    24,253.

    It's goin vertical, boys. Did the bank failures contribute to $$ moving?

    I have my timer set to L12 hours. I'll take +8.82% every day and twice on Sunday.

  17. #7717
    JIBBBY
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    ^ Money is moving indeed!

  18. #7718
    Headsterx
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    So I got this email from Blockchain about domains. Does anybody understand what this is for in terms in trading crypto?

    This St. Patrick's Day, we’re giving you exclusive access to premium .blockchain Web3 Domains.

    Make your digital presence shine like a pot of gold ��������

    With never-before-released domains, from gold.blockchain to luck.blockchain, and two-digit domains like 21.blockchain, you'll be sure to find the perfect fit for your online identity.

    Feeling lucky?

    This exclusive 48-hour sale starts March 16th 10am EST and ends on March 18th 10am EST.

  19. #7719
    raiders72001
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    Quote Originally Posted by Headsterx View Post
    So I got this email from Blockchain about domains. Does anybody understand what this is for in terms in trading crypto?

    This St. Patrick's Day, we’re giving you exclusive access to premium .blockchain Web3 Domains.

    Make your digital presence shine like a pot of gold ��������

    With never-before-released domains, from gold.blockchain to luck.blockchain, and two-digit domains like 21.blockchain, you'll be sure to find the perfect fit for your online identity.

    Feeling lucky?

    This exclusive 48-hour sale starts March 16th 10am EST and ends on March 18th 10am EST.
    Looks to me like it doesn't have to do with crypto trading. You are getting a URL ending in ".blockchain" to set up a website.

  20. #7720
    Headsterx
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    Quote Originally Posted by raiders72001 View Post
    Looks to me like it doesn't have to do with crypto trading. You are getting a URL ending in ".blockchain" to set up a website.
    Ah ok, what a joke.

  21. #7721
    homie1975
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    manipulation going on before a rug pull ?

  22. #7722
    homie1975
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    just sold all of my BTC and pocked profits.


    my cost base was 21,900. i sold at 24,275


    will jump back in after the next dip.


    i feel like there is some manipulation going on right now.


    i still see the strong correlation to NASDAQ and the stock market is going to feel more pain with the FED needing to continue raising rates.

  23. #7723
    homie1975
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    Quote Originally Posted by ChuckyTheGoat View Post
    24,253.

    It's goin vertical, boys. Did the bank failures contribute to $$ moving?

    I have my timer set to L12 hours. I'll take +8.82% every day and twice on Sunday.
    just sold all of my BTC and pocked profits.


    my cost base was 21,900. i sold at 24,275


    will jump back in after the next dip.


    i feel like there is some manipulation going on right now.


    i still see the strong correlation to NASDAQ and the stock market is going to feel more pain with the FED needing to continue raising rates.

  24. #7724
    JAKEPEAVY21
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    Over 26k this morning

  25. #7725
    Arky
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    OK, haven't seen 26K in a while - June 13, 2022. Would be nice to ride out the bear market at this level or higher.......

    OTOH, a crash of the traditional markets is inevitable. It's not if, it's when.

    Today's market term is "bank run". Get familiar with it:


  26. #7726
    ChuckyTheGoat
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    Salud, boys.

    Hear the discussion of de-coupling, Stk Mkt Indices vs BTC price. Right now, I see BTC rising at a MULTIPLE of the Dow/Nasdaq indices.

    Might not be de-coupling. But there have to be more people grasping the Fiat ponzi.

  27. #7727
    homie1975
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    Quote Originally Posted by ChuckyTheGoat View Post
    Salud, boys.

    Hear the discussion of de-coupling, Stk Mkt Indices vs BTC price. Right now, I see BTC rising at a MULTIPLE of the Dow/Nasdaq indices.

    Might not be de-coupling. But there have to be more people grasping the Fiat ponzi.
    opposite now.

  28. #7728
    homie1975
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    Quote Originally Posted by JAKEPEAVY21 View Post
    Over 26k this morning
    back to 24,709

    after pocketing profits from my sale yesterday, i bought back in at 24,900

  29. #7729
    ChuckyTheGoat
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    Quote Originally Posted by Arky View Post
    OK, haven't seen 26K in a while - June 13, 2022. Would be nice to ride out the bear market at this level or higher.......

    OTOH, a crash of the traditional markets is inevitable. It's not if, it's when.

    Today's market term is "bank run". Get familiar with it:

    Arky, that's a classic picture.

    26,700. How much of that has to do with flight to safety away from the banks?

  30. #7730
    GunShard
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    Sold my Bitcoin at $26.9k. I'm expecting a crash within the next few months then buy the dip below $20k.

    Bitcoin halving is in 2024. Buying the dip before the halving is important (Late 2023, Early 2024) to maximizing your investments.

  31. #7731
    Rabiddog33
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    Quote Originally Posted by GunShard View Post
    Sold my Bitcoin at $26.9k. I'm expecting a crash within the next few months then buy the dip below $20k.

    Bitcoin halving is in 2024. Buying the dip before the halving is important (Late 2023, Early 2024) to maximizing your investments.
    Good luck with that $30,000 is priced in short term.

  32. #7732
    ChuckyTheGoat
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    Quote Originally Posted by Rabiddog33 View Post
    Good luck with that $30,000 is priced in short term.
    Rabid, do you have any short-term BTC price predictions?

    This is something I've spent time studying:
    https://www.sportsbookreview.com/for...in-videos.html

    Based on the periodicity, I believe we're two days from where the historical trough falls.

    I don't like making Moon Boy predictions. But I do believe we can go from the current price to $42,000 (1.57x) in the next 24 months.

  33. #7733
    JAKEPEAVY21
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    Quote Originally Posted by ChuckyTheGoat View Post
    Rabid, do you have any short-term BTC price predictions?

    This is something I've spent time studying:
    https://www.sportsbookreview.com/for...in-videos.html

    Based on the periodicity, I believe we're two days from where the historical trough falls.

    I don't like making Moon Boy predictions. But I do believe we can go from the current price to $42,000 (1.57x) in the next 24 months.
    Chucky, I have never done well trying to predict markets or trying to be the smartest guy in the room. The times I have, I've lost overall.

    Buying crypto and stocks that I'm bullish on long term and holding is what has worked for me.
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  34. #7734
    JIBBBY
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  35. #7735
    Arky
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    Quote Originally Posted by ChuckyTheGoat View Post
    Arky, that's a classic picture.

    26,700. How much of that has to do with flight to safety away from the banks?
    Eheh, when I first came across that picture, I was checking out the old Indian motorcycle in the foreground. The people all lined up just so happened to fit the current state of affairs. I believe that photo is from Millbury, MA at the start of the Great Depression.

    I think a crash will hit Europe first. The USA might be the last to go. It's an orchestrated take-down by the crooks running things and the USA has the most robust financials making it the toughest nut to crack. Note all the trains derailing, food processing plants that are mysteriously burning down and the fake bird flu going around. Just about none of this is reported by the MSM to the oblivious masses. There is some hope, though with the truth about the Scamdemic coming out and people like Elon Musk seemingly switching sides.

    Mr Jibby is right - precious metals are the safest play. I have hope for crypto but it's not guaranteed. I am encouraged when I see some respected analysts say "gold, silver and crypto". Silvergate going down eliminated a big on-ramp into crypto. The SEC and Gensler do not want crypto to succeed. The brainwashed are only too happy to believe crypto is a Ponzi and only criminals use it.

    The big banks would go down first. Chase, Wells Fargo, Bnk of Am, etc - if your total wealth is in one of these, best to relocate it to a smaller local bank or a credit union. It will buy time.

    I hate to say it but - worst case - 401K's could go poof overnight. Not a bad idea to take a cue from those wacky preppers and stock up on food, water and bullets. People in the cities will feel it the most.
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