Bitcoin and virtual cryptocurrencies

NVDA earnings just released…pumping the markets for now…conference call in 30 mins…hope it’s all positive…lol

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Slowly gaining traction! $67+ usd

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Btc is at $27k the whole market is slumping.

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Until the price of money goes down (interest rates) I don’t believe BTC can get back to all time highs.

I would go as far to say that there will be more overall pain in crypto in coming years if the fed holds, higher for longer.

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Good article explaining Elliot Wave Theory for crypto

This chart for litecoin looking bad:

Yikes.

Ltc hit resistance hoping to reach 72. I think it almost hit 69

A little up tick with rest of crypto@

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… ride the lightning, huzzah!

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It’s definitely been a lot more fun to HODL for the past month than the two years before that. :stuck_out_tongue:

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So, there appears to be a consensus… BTC will either be worth $30k by the end of the week, or $1 million. :stuck_out_tongue:

Dunno, but personally I’m still HODLing and quite entertained by the predictions. I’ve seen charts marked up a thousand different ways, each conclusively proving that it’s gonna go bullish or bearish, and still haven’t had any revelations. What do you guys think… is an ETF a sign of the apocalypse, much ado about nothing, or the most bullish thing to ever happen?

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ltc was the most used crypto for sales in December
Against btc and eth combined@@

@Tappy
https://www.bitcoinsensus.com/litecoin-surpassed-bitcoin-as-most-commonly-used-crypto-for-payments-bitpay/

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There was a time to buy and there was a time to sell.

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The sideshow continues!

:crazy_face:

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Litecoin at $70 USD MARK .

Hopefully we can get some resistance going on

Has to Make it over $71.

I think it’s 70.86 rn@@@

It hit 71.04 about 12 hours ago

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This seems like bad news for Monero… not much use for a privacy coin that isn’t private.

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If you read into the article, I’m not sure if this is a definitive death blow. The guy was taking payments in bitcoin so that already diminishes any anonymity from the get-go. He might as well lit up a neon sign on his IP address/internet activity.

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He was transferred BTC, then swapped for Monero on a non-KYC exchange and transferred it to Binance before swapping back to BTC. If the Monero transfer to Binance couldn’t be tracked, they shouldn’t have been able to connect the original BTC transfers to his Binance account, I would think… but I’d be wrong, apparently. Fucking Cointelegraph. :roll_eyes: So much clickbait, I really should know better than to believe anything they write by now. From the article they linked:

On Oct. 23, 2020, ransom_man uploaded to the dark web a large compressed file that included all of the stolen Vastaamo patient records. But investigators found the file also contained an entire copy of ransom_man’s home folder, a likely mistake that exposed a number of clues that they say point to Kivimaki.

Ransom_man quickly deleted the large file (accompanied by a “whoops” notation), but not before it had been downloaded a number of times. The entire archive has since been made into a searchable website on the Dark Web.

So yeah, between the doxxing himself to police and using BTC, doesn’t appear to have anything to do with Monero. Just another incompetent crook. :man_shrugging:

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Prometheum’s choice of ETH as its opening asset could come with its own complications. Unlike BTC, which the SEC has openly declared isn’t a security and is therefore none of the agency’s business, the commission has been more coy about whether ETH is among the digital tokens that should be considered securities that fall under its jurisdiction. Its sister agency, the Commodity Futures Trading Commission, hasn’t been so shy about declaring that ETH is definitely a commodity.

Prometheum is registered to custody crypto securities and isn’t in the commodities business. Ben Kaplan said the firm will go with whatever the SEC’s word is on ETH.

My first reaction was “why aren’t they starting with BTC,” until I read that. Apparently the SEC intends to go to war with the CFTC over who gets to regulate ETH, and this is the opening salvo.

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Back in the money now! :moneybag: fuck ya! Been a long year!!! ltc 90usd… that was down bad Screenshot_20240302-232137_Chrome|236x500 I think

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BTC seems to be continuing its face-melting rally, and as it does, experienced crypto traders are rotating to alts and meme coins to prepare for newbie traders with unit bias coming in… thus, the whole crypto sector seems to be succeeding, just like every time BTC rallies. On the off chance anyone reading this is new to the game, just remember; if you’re planning to actually invest long-term rather than day trade, you’ll need somewhere to sell your tokens in the future. Regulatory status seems meaningless, but can actually be very important. Every crypto exchange in the US is being sued for dealing in unregistered securities, and if they lose they’ll be forced to delist those assets, at which point the market for them collapses. Day trading can be fun, but don’t be the one holding the bag when the rally ends - even with a secondary market, long-term, most crypto tokens underperform BTC. Every altcoin I’ve bought and held except for ETH, I’ve lost money or am barely breaking even, while BTC is up 3000% since I started.

“The court’s analysis remains the same even to the extent Ramani traded tokens on the secondary market,” the ruling said. “… Each issuer continued to make such representation regarding the profitability of their tokens even as the tokens were traded on secondary markets. Thus, under Howey, all of the crypto assets that Ramani purchased and traded were investment contracts.”

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