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BTC is STILL in the $6400 range. There are still 4-5 gaps below to $5800 so expect those to be filled.
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Lol too many Twitter feeds and YouTubers for you bro. Have you figured out how to use a chart yet instead of screen grabs from Twitter? :DOriginally posted by boricuarage79 View Post
Once you said "gaps need to be filled" you gave yourself away. You don't know what that shit means. Lolz
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So the SEC had months and months to make a decision on a 9 different ETF's, they announced 2 days ago that the ETF's had been rejected. But in a very odd twist they announce they are reviewing their decision the very next day. Very odd behavior from the SEC. WTF does "review it's rejections" mean? That's literally what they were supposed to be doing the last 6 months. The day after they reject them they decide they need to review them? The fuck!?
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US SEC prepares to ‘review’ its Bitcoin ETF rejections
In a surprising move, the US SEC has announced that it will review its rejection of nine Bitcoin ETF proposals.
https://www.coininsider.com/us-sec-r...tf-rejections/Comment
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Nope no twitter or YouTube.Originally posted by Bouncer View Post
Unlike you that rants on someones channel and you get trolled hard lol..
Take the L
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We haven't filled those gaps yet brah. LolzOriginally posted by boricuarage79 View Post
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Exactly. But u never know when they gona be filled.Originally posted by Bouncer View Post
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I'll shove a fat fuck bear in the gap.Originally posted by boricuarage79 View Post
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Could Bitcoin Replace Credit Cards?
https://www.forbes.com/sites/panosmo.../#195440d61e4e
Growing competition in the retail sector – and the possibility that the digital currency could help merchants lower transaction fees that cut into profit margins -- could induce them to replace credit cards with Bitcoin.
“From a merchant perspective, Bitcoin has the advantage of not having large fees from credit card companies that cut into profits,” writes Ian DeMartino, in The Bitcoin Guidebook: How To Obtain, Invest, And Spend The World’s First Decentralized Cryptocurrency (New York: Skyhorse Publishing, 2016). “Credit card companies typically charge between three to four percent for each transaction, a fee the merchants normally take on themselves. For merchants with small profit margins, that fee could be up half or more of their profits for each credit card transaction.”
Kris Marszalek, Co-Founder and CEO of CRYPTO.com, agrees. “The banking and payment sector is ripe for disruption,” he says. “Everyday consumers feel little loyalty to or satisfaction with many incumbent institutions - charges are unnecessarily high and the customer experience is poor. The entire credit card business model is focused on wringing money out of people who can’t afford credit card debt: late fees, penalties and high interest rates.”
By contrast, blockchain and cryptocurrencies, he continues, “provide a way to shift the balance of power back towards consumers. Blockchain backed credit is fairer and more affordable than credit card debt. And when used as a means of payment, cryptocurrencies offer a number of advantages over existing methods. The digital nature means they are nearly free and fast to send globally; and travelers can use cryptocurrency cards to save up to eight percent on exchange charges when spending money abroad.”
Arran Stewart, Co-owner and CVO of Job.com, explains how Bitcoin could replace credit cards. Credit cards, he says, could be replaced with simple wallet verification that could be confirmed “with something as simple as a fingerprint. We are already used to doing the same and similar behavior with Apple Pay. This is far more secure and efficient as it would allow retailers to receive payment for goods and services much faster. The only roadblock to this becoming reality is the stability of the crypto market, which will come in time and as transaction volumes continue to increase.”
That’s bad news for companies like Visa and Master Card, which dominate the credit card payment industry -- and for the banks that issue these cards and take their own cut.
But it is good news for Bitcoin investors, as it will raise exponentially the adoption rates for day to day transactions, and boost its price.
Still, Bitcoin enthusiasts should temper their enthusiasm. While merchants would be happy to replace credit cards with Bitcoin, shoppers are hardly likely to give up on their credit cards. For an obvious reason. Credit cards alter the trade-off between the pleasures of acquiring something versus the pain of paying for it; we get the pleasure now and defer the pain until later.
“Paying with plastic fundamentally changes the way we spend money, altering the calculus of our financial decisions,” explains Jonah Lehrer, author of How We Decide (Houghton Mifflin, 2009). “When you buy something with cash, the purchase involves an actual loss — your wallet is literally lighter. Credit cards, however, make the transaction abstract, so that you don’t really feel the downside of spending money.”Comment
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The wolf of wallstreet Jordan Belfort calls Bitcoin a scam. "This thing is going to evaporate like a mirage," Belfort said. "There's a lot of really honest people who are going to get slaughtered."
He also brings up the good point:"Central banks don't want it, they've spent all this time trying to stop money laundering, why now allow something that's anonymous, and lends itself to making money-laundering easy?"
https://www-cnbc-com.cdn.ampproject....p-bitcoin.htmlComment
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He's called it a scam for the past 5 years bro. As a matter of fact he started calling it a scam when Bitcoin was $12 per coin...Originally posted by chuckz28 View Post
He's predicted it demise right before 3 separate Bitcoin bullruns. Smart fella, he's buying it. Don't let the ole snake fool ya, he's still slick.
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JP Morgan CIO: Blockchain Will Replace Existing TechnologyOriginally posted by chuckz28 View Post
https://cointelegraph.com/news/jp-mo...ing-technologyComment
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Sounds to me like they are using their own block chain and just using it for bank to bank stuff. If that's the case Bitcoin along with every other crypto currency could evaporate with no effect on them.Originally posted by Bouncer View PostComment
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At what price point does Bitcoin have to be for you to admit your were foolish to doubt it? If it's 60k per coin by the end of 2020 will you still doubt it? How about 200,000k by 2025? Do you know the price of Bitcoin in 2011? It's been nothing but explosive growth for years and years. People get caught up and confused with the extreme bull and bear markets in crypto but all you have to do is look at the price of Bitcoin in 2011 and look at the price now. Can you honestly say with a straight face that you don't wish you had invested from the very start? Had you invested 10k into Bitcoin in 2011 you would be a multi millionaire many times over.Originally posted by chuckz28 View Post
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Originally posted by Bouncer View Post
Wish I could have invested into Apple and Google from the start. Bitcoin could go to a billion dollars a coin and I could care less. Still doesn't change the fact that it's price is based on speculation over nothing. The majority of people buying into it are buying hoping it's their lottery ticket. It's more about time than price. If it's still around in 10 years then good for it, it might be around to stay. Still doesn't change my opinion about it's pricing validity.
I don't ever get mad about other people making money. I hope you and everyone else gets filthy stinking rich and cashes out. I just don't want to see people make a million and lose it all because they are too proud to pull some off the table and into their pockets, or into other investments. I've my own path, it just doesn't involve currency of any kind. In the mean time I'll keep posting anti Bitcoin articles cause it's fun :DComment
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Manipulation does suck. ; as of now i day trade make profits here and there and invest in potential coins.Originally posted by chuckz28 View Post
But in all fairness; if u would of invested in bitcoin since inception you would of been a multimillionaire hella faster than Google.
Its like me sayin. I wish i invested in yahoo 20 years ago lol
Most of these coins will die in a few years. Small market cap garbage
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