Is anyone else starting to become a bit excited?

I can’t believe people are suggesting Binance as a good place to depart money for play coins. It’s a sinister bucket shop.

Lex Luthor wrote: »

Impossible to say, there are only 2 previous halvings to look back on to gauge which isnt really a good enough sample, however, it has generally tended to increase a bit up to the halving and then moves a lot more afterwards for a period of about 1.5yrs approx

at the moment though its all very volatile, but they still say its a good time to get in as the halving is approaching

None of this matters right now,it's all going to be about if the virus goes nuts in the US. I predict rough times for a while.

bri007 wrote: »

Bit of a drop the last week, wonder will it keep dropping.....

Very possiblei if they need to liquidate for cash .

Lex Luthor wrote: »

anybody here holding BSV?

Craig Wright and Calvin Ayre involves in that one. Two of my favourite scumbags involved in crypto at the moment.

Lex Luthor wrote: »

anybody here holding BSV?

Wouldn't touch that at all. Even ignoring who is behind it the way its traded just seems super dodgy and with so few people mining opens it up to being vulnerable.

Bob24 wrote: »

Joining the crowd to recommend against BSV.

You might catch a huge pump on some news about yet another stunt related to the multiple ourt cases, but IMO it is too dodgy and irrational (even to crypto standards).

Is it any worse than other completely useless shïtcoins like Litecoin, Tron, and Chainlink?

maninasia wrote: »

Using the term ****coin is very 2017....

Ok, completely useless coins with absolutely no value or utility that were created so the founders could get rich on sucker money.

JohnnyFlash wrote: »

Ok, completely useless coins with absolutely no value or utility that were created so the founders could get rich on sucker money.

I don't think link is in that category. Oracles are very much needed.

Lex Luthor wrote: »

anybody here holding BSV?

no wouldn’t touch. Their is a reason why tier 1 exchanges Coinbase kraken and binance don’t list it.

Craig Wright is a fraud.

JohnnyFlash wrote: »

CZ Binance is way dodgier than Wright. Which isn’t saying much.

Correct CZ is no saint . Craig Wright and Calvin ayre are a bad combination

Donegal1234 wrote: »

Correct CZ is no saint . Craig Wright and Calvin ayre are a bad combination

What's dodgy about CZ? I haven't seen anything online

JohnnyFlash wrote: »

Is it any worse than other completely useless shïtcoins like Litecoin, Tron, and Chainlink?

Well, there is only one Craig Wright :-)

But now if someone starts asking about a John McAfee coin, I’ll be happy to recommend it even less than BSV!

themossinator wrote: »

he prints his own money

Not sure why that guy is being singled out. All crypto coins and tokens are "printed" (most exchanges have their own native token). Whether they are worth anything is up to the secondary market that speculates on them.

JohnnyFlash wrote: »

https://cointelegraph.com/news/research-binance-and-huobi-received-over-52-of-total-28b-illicit-btc-in-2019

https://cointelegraph.com/news/malta-regulator-clarifies-legal-status-of-binance

https://www.theblockcrypto.com/linked/56603/binance-is-not-authorised-to-operate-in-malta-says-the-countrys-financial-regulator

It’s heavily involved in criminal behaviour, sold the narrative that they had a HQ in the EU, and once that was shown to be untrue they started going on about having no HQ. It’s a bucket shop operation used for money laundering. I’m mean why you would use it ahead of other regulated exchanges is beyond me.

For the first link: all crypto exchanges have tarnished coins, we know why, they are all indirectly facilitating criminal and ilicit activity via crypto movements. It's a by-product of the fact that there are no clear global standards on crypto regulation (yet). Binance and Huobi just have larger volumes than other exchanges. This **** will all change in the future, and it's going to be expensive, and unless they screw up, my money is on the larger exchanges (like Binance) being among the first to become fully compliant because a) they can afford it and b) they potentially have the resources to do so (a full filing with a regulatory authority is a big ass thing because it can require an immense amount of structural changes)

It's also why I think privacy coins are going to get the chop, but that's another story

The second two links are the same story and I agree with it. The financial regulators in Malta have clarified that Binance aren't regulated by them. It's a bit of a grey area because crypto regulation is still grey, so it's unsurprising.

Few or no crypto exchanges come even remotely close to financial institutions in terms of proper regulation (yet), it's just odd that you single out Binance, seems to be more of a personal thing