[homie1975]

Damn Cardano is cranking.

maybe because of this?
Cardano Users Can Soon Access Ethereum Dapps Directly From ADA Wallets


but what about this?

Cardano Founder Faces Scam Allegations From Self-Proclaimed Satoshi Craig Wright

[navyblue81]

maybe because of this?
Cardano Users Can Soon Access Ethereum Dapps Directly From ADA Wallets


but what about this?

Cardano Founder Faces Scam Allegations From Self-Proclaimed Satoshi Craig Wright

I’ve been reading so much in the last year how Cardano is the best crypto to buy. It’s gonna pop. And I’ve heard it from pretty reliable people. I had it once and it did me good until the crash. Really on the verge of getting wet with it again. I feel like it’s the one crypto that could really explode.

[Arky]

Stellar is on the move along with XRP. These two are related......Stellar is kind of the less jerky brother of XRP. I've been holding a stash of Stellar for ages - still need it to go up another penny to get into the green....

-------------------------------------------------------------

Elizabeth Warren - the only air I saw in that video was the vacuous space between her ears. She's up for reelection and using the anti-crypto rhetoric in her campaign. Translation: She's pro-CBDC.

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I always keep an eye on the Total Market Cap. CMC says we are closing in on 1.2T. Coingecko says we are already there. During the last bull run, we hit 3T. Despite being a "bear market" it is a much better bear market than it was 4 years ago. Still my favorite saying:

"Time in the market is better than timing the market".

[raiders72001]

MicroStrategy repaid its $205M Silvergate loan at a 22% discount. As of 3/23/23, $MSTR acquired an additional ~6,455 bitcoins for ~$150M at an average of ~$23,238 per #bitcoin & held ~138,955 BTC acquired for ~$4.14B at an average of ~$29,817 per bitcoin.

Michael Saylor

[shadymcgrady]

Anyone have any Ai coins? Looks like it's the next niche to pop in the upcoming bull cycle

[raiders72001]

Anyone have any Ai coins? Looks like it's the next niche to pop in the upcoming bull cycle

yep, jumped in a couple of months ago when the ChatGPT talk started https://www.sportsbookreview.com/for...i-cryptos.html

Holding
GRT
FET
OCEAN
AGIX
RLC
VIDT

[ChuckyTheGoat]

Hope this Will Clemente graph posts. I also think more Coins are LOST (than people realize):

https://twitter.com/WClementeIII/sta...902528/photo/1

[ChuckyTheGoat]

Will Clemente










@WClementeIII











There is now more Bitcoin that hasn't moved in at least 10 years than there is on exchanges. Wild stat.

[Optional]

Why is he comparing it to exchange balances only do you know?

[ChuckyTheGoat]

Why is he comparing it to exchange balances only do you know?

I think he's viewing the Blue line as Liquid Supply on exchanges.

The Pink line = coins that haven't moved in > 10 years. IE, cold-storage. At least some of those have to be Lost coins.

Think he's saying that supply is going to feel very limited.

[ChuckyTheGoat]

I think he's viewing the Blue line as Liquid Supply on exchanges.

The Pink line = coins that haven't moved in > 10 years. IE, cold-storage. At least some of those have to be Lost coins.

Think he's saying that supply is going to feel very limited.

I'll give one other comment on the BTC price:

*Keep an eye out for how BTC holdings are viewed.

Right now, # of Bitcoins is discussed. IE, one bitcoin = 1.00 BTC. Currently price is approximately 1.00 BTC = $28,000 (in USD).

If the price moves in the direction I expect, see if you hear more about mBTC when we approach the halving next year. 1000 mBTC = 1.000 BTC.

If the Bitcoin price goes high enough, one full Bitcoin is going to feel like a heavy bag. Could hear bitcoins denominated in mBTC more regularly. Electrum wallet quotes their holdings in mBTC.

[ChuckyTheGoat]

Go to 2:30 of this video. This can't be real. Lagarde really tipped her hand about European CBDC?

Geez. Not controlling or anything. Get a grip, lady:

[Optional]

I think he's viewing the Blue line as Liquid Supply on exchanges.

The Pink line = coins that haven't moved in > 10 years. IE, cold-storage. At least some of those have to be Lost coins.

Think he's saying that supply is going to feel very limited.

Yes I understand the message he is trying to signal.

If there is no good reason to only compare exchange balances to non-moved coins, instead of using all coins in the market for the comparison, then do you see how this could look like an attempt to misinform?

Can you think of any logical reason for graphing exchange balances apart from to "lie" and create more fear porn clicks?

I can't.

[ChuckyTheGoat]

Opti, I see it differently. I see it as presentation of data. I do believe in the BTC limited supply having a direct impact on future BTC price.

As for everyone having a motive to present information, I see your point. I line up on the side of the government officials being incredibly inept.

Yellen/Lagarde/Warren are a joke. How can anyone take them seriously? If I have my choice, I'll take Will Clemente every time.

[Optional]

Opti, I see it differently. I see it as presentation of data. I do believe in the BTC limited supply having a direct impact on future BTC price.

As for everyone having a motive to present information, I see your point. I line up on the side of the government officials being incredibly inept.

Yellen/Lagarde/Warren are a joke. How can anyone take them seriously? If I have my choice, I'll take Will Clemente every time.

I agree with that.

But would rather see an apples for apples comparison used, as unless there is a REASON for choosing just exchange balances to compare it means almost nothing.

Do you know how much is on exchanges as opposed to total? If not, I can't see how you can draw anything from this comparison either.


Not saying I know he is misleading people for sure, but I'd be turning my BS meter up to high when listening to make sure after seeing this particlular headline claim.

[ChuckyTheGoat]

I agree with that.

But would rather see an apples for apples comparison used, as unless there is a REASON for choosing just exchange balances to compare it means almost nothing.

Do you know how much is on exchanges as opposed to total? If not, I can't see how you can draw anything from this comparison either.


Not saying I know he is misleading people for sure, but I'd be turning my BS meter up to high when listening to make sure after seeing this particlular headline claim.

Opti, I respect anyone's opinion. I don't claim to know it all. And I don't try to be confrontational.

I think the bolded words (above) hit it: on exchanges as opposed to total.

That answer is YES. We can sum up all the Coins and account for them. In ROUND #s, we know that:

*Final # BTC = 21.0 Mill.
...Not yet mined = 2.0 Mill, so that means 19.0 Mill have been mined.

In the above graph, the blue line looks something like 2.2 Mill on exchanges. That's about 11.6% of the coins mined thus far.

If the Pink line is around 2.6 Mill, that's 13.7% of the 19.0 Mill mined thus far.

The coins are not generated quickly at this part of the aging cycle. Monitor that 2.2 Mill blue line. If that # keeps declining, that means the supply is very tight.

Just my opinion. I think it's a reasonable comparison. Trend shows that coins are coming off exchanges and moving onto Cold storage.

If that trend of Blue vs Pink reverses, I'll come back here. I'll say that I was wrong.

[Optional]

The blue line could be declining simply due to FTX type publicity and people don't trust exchanges anymore. or other reasons.

It's a falacious comparison. It needs to be abandoned coins v total coins to even start to draw this conclusion.

WHY he chose to use it is the question that needs an answer before relying on his fidnings. And maybe he does explain why. I did not watch the entire video. Hence asking you if there was a reason.

[ChuckyTheGoat]

https://twitter.com/WClementeIII/sta...983170/photo/1

Another chart showing that more and more coins in the hands of Long-term Holders

[Arky]

Hello, 30K!

[ChuckyTheGoat]

Hello, 30K!

Get some, Arky. Slowed down some today.

[raiders72001]

Bitcoin’s (BTC) 2023 momentum as part of attempting to exit last year’s crypto winter has resulted in the digital asset outperforming other investment products, despite a gloomy economic outlook.


In particular, Bitcoin has emerged as the top-performing asset class in Q1 2023, with gains of about 70%, making it the digital currency’s best quarter since Q1 2021, according to Bloomberg data on March 31,

It’s worth noting that during the first quarter of 2021, Bitcoin gained about 103% at the onset of the last bull run. The asset’s latest quarterly returns have placed the digital currency ahead of big names such as the S&P 500 (5.5%), Nasdaq 100 (19%), and iShares Core U.S. Aggregate Bond ETF (2.2%).

.........

[ChuckyTheGoat]

Dumb comment/question:

*Been conducting some BTC transactions.

Fair to say that the fee for similar service (IE, short-time) is much lower at nite (off-hours) than during the day? If you don't have a big time preference, can probably get fast service for cheaper fee at nite (US time).

If I'm wrong about this, someone please correct me. Thanks!

[StackinGreen]

Be careful, gentlemen, the recession depression is coming and credit/liquidity is drying up. Odds are we have one last big correction or association in price downward due to the selloff of many assets/equities. I'm a believer this thing goes to ATH next year but go slow for now - much danger is on the horizon. I'm shorting the Russell, btw

[raiders72001]

Great project, cheap, fast and partnered with FIFA. The reason that I don't have it is that no matter what they say, they are one of the most centralized. The top 100 bitcoin wallets hold 13% of the bitcoin. The top ETH 100 wallets hold 38% of ETH. The top 100 ALGO wallets hold 63%. Ripple is the most centralized holding 73%.

If Ripple get's called a security it's only a matter of time before they go after Algorand. On the other hand, if Ripple wins, it's a huge victory for Ripple and others that can be called centralized.

SEC calls ALGO and 5 others a security in suit against Bittrex https://decrypt.co/136990/sec-bittre...ens-securities

[ChuckyTheGoat]

Nice video:



Props to these congressmen. They crack on Gensler pretty hard.

Guys, if I have any belief in the USA, it's this:
*Demise of the Federal Govt.
*Revival of the Individual States. Check out the Gold/Silver money laws passed in several states.

[Optional]

Guys, if I have any belief in the USA, it's this:
*Demise of the Federal Govt.
*Revival of the Individual States. Check out the Gold/Silver money laws passed in several states.

I don't think I get what you mean Chucky.

Seems like the same thing people who no longer believe in the United States would want too isn't it?

[ChuckyTheGoat]

I don't think I get what you mean Chucky.

Seems like the same thing people who no longer believe in the United States would want too isn't it?

Many I'm not parsing my language too well, Opti.

1) It's clear to me that the Federal Reserve and other powers in Wash DC have eroded the value of the US Dollar.

2) The origin of the USA tied to very limited powers for the Federal government. If the trend is toward more power in the individual states, I'm for it. For starters, Gold/Silver is now being viewed as money in many states. Purchase of Au/Ag doesn't get taxed in many states. And I'm seeing legislation that allows one to pay for state income tax with Au/Ag.

[Optional]

I get what you mean now. Just less federal power.

Wonder if any state will try to introduce its own digital currency.

[raiders72001]

Many I'm not parsing my language too well, Opti.

1) It's clear to me that the Federal Reserve and other powers in Wash DC have eroded the value of the US Dollar.

2) The origin of the USA tied to very limited powers for the Federal government. If the trend is toward more power in the individual states, I'm for it. For starters, Gold/Silver is now being viewed as money in many states. Purchase of Au/Ag doesn't get taxed in many states. And I'm seeing legislation that allows one to pay for state income tax with Au/Ag.

Arkansas has recently passed the Arkansas Data Centers Act of 2023, a bill to regulate bitcoin (BTC) mining within the state.
The legislation, now awaiting the governor’s approval, aims to create guidelines for miners, protect them from discriminatory regulations and taxes, and acknowledge the positive economic impact of data centers on local communities.

https://www.binance.com/en/feed/post/437943

[raiders72001]

Coinbase Leaving U.S. Soil with License to Operate Offshore

https://dailycoin.com/coinbase-leavi...rate-offshore/

[JIBBBY]

I took most of my money out of Crypto and put it in CD's now at the 4.5% interest rate. Banks are offering good returns now on CD's. Safe play good return on investment.

You guys want to continue to gamble on Crypto currency then it's all you. I think it's getting more volatile as I'm not seeing big gains anymore on any one currency. Good luck and may God have mercy on your souls if you continue to gamble on crypto currency!

[raiders72001]

I took most of my money out of Crypto and put it in CD's now at the 4.5% interest rate. Banks are offering good returns now on CD's. Safe play good return on investment.

You guys want to continue to gamble on Crypto currency then it's all you. I think it's getting more volatile as I'm not seeing big gains anymore on any one currency. Good luck and may God have mercy on your souls if you continue to gamble on crypto currency!

Jibby - you've been around for a long time. Why would you take your money out when we're heading into a bull run? Approximately every four years there's a bull run. That's all you need to know about bitcoin.

[ChuckyTheGoat]

Jibby - you've been around for a long time. Why would you take your money out when we're heading into a bull run? Approximately every four years there's a bull run. That's all you need to know about bitcoin.

Salud, Raiders. Good comment. The way I see it:

1) The periodicity of BTC across the halving cycle has been documented. See my Jon Cursi projections in the Saloon.

2) In some ways, I am amazed at the resiliency of Bitcoin. The original programmers had to be brilliant. Bitcoin has faced resistance and it won't die. I loved the congressmen drilling Gensler. As if one guy could "ban" Bitcoin and see it go away.

[JIBBBY]

Jibby - you've been around for a long time. Why would you take your money out when we're heading into a bull run? Approximately every four years there's a bull run. That's all you need to know about bitcoin.

Raiders buddy I wish the best when investing in Crypto. I really hope you make millions. Maybe you knows something I don't.

Real Estate investing over the years and decades is my thing. I don't even mess with stocks today as I don't trust the CEO's of the companies I would potentially buy stock in. I like to be in control of my investments. CD's and Real Estate I'm in control of.

That's just my thing and I'm a millionaire today for doing and investing in it. Gotta stick to what you know best and if it works. Just don't trust Crypto or stocks anymore or the people that are in control over them.

[flyingillini]

I took most of my money out of Crypto and put it in CD's now at the 4.5% interest rate. Banks are offering good returns now on CD's. Safe play good return on investment.

You guys want to continue to gamble on Crypto currency then it's all you. I think it's getting more volatile as I'm not seeing big gains anymore on any one currency. Good luck and may God have mercy on your souls if you continue to gamble on crypto currency!

Smart move. I do the same in Vietnam, I get 9-11% on CDs here. Today most banks have 10% posted, it is a dream here. I love the banks here!