Dutchy wrote: » Crypto rallied while America burned.
Bob24 wrote: » So did US stock markets. Crazy times.
sonandheir wrote: » There was other news in the US yesterday. Their Highest number dead from covid on a single day over 4,000. They will have to do a lockdown just like Europe very shortly. Market is pricing in the stimulus.
makeorbrake wrote: » @Gonzovision : Listened to him on Preston's podcast. It looks like its a killer app. It's supposed to be available via 200 countries since yesterday (confined to the USD at the moment). I've raised a ticket to see if I can start using it immediately (not sure if the country I'm in is supported or not).
Gonzovision wrote: » Keep us up to date, it really looks like a game changer. I've been mostly in the BTC as an asset camp, but this a real world infinitely scalable application. Fascinating.
Jafin wrote: » Here I am casually waiting for an enormous crash so I can shove some more fiat into it but everything keeps going up.
makeorbrake wrote: » Between this and the OCC coming out and allowing banks to use stablecoins as a settlement layer, the SWIFT system is finally going to go away. It makes no sense in todays world that people are losing up to 10% moving money around the planet. Hopefully, these moves are finally going to lead to that nonsense going away.
Gonzovision wrote: » I'm sure many here are fans of Preston Pysh and the TIP podcast. This weeks episode featured Jack Mallers and discussions on the Bitcoin lightning network, and how it will disrupt the big player sin the payment industry.https://www.theinvestorspodcast.com/bitcoin-fundamentals/btc007-bitcoin-disrupting-payment-clearing-houses-w-jack-mallers/ Strike will be coming out in Europe pretty soon and if you haven't registered already I'd be grateful of you could use my referral!https://global.strike.me/?kid=1EKNFJ
cnocbui wrote: » I must be missing something, because this didn't impress me at all. A lot of blah,blah,blah about sending payments globaly, cheaply and fast, in US$, currently in pretty trivial amounts. Spot the problem?
makeorbrake wrote: » I'm not sure I follow? I'm currently getting raped on a monthly basis receiving a payment from N.America with 4% loss. As regards trivial amounts, he hasn't even started yet.
cnocbui wrote: » I must be missing something, because this didn't impress me at all. A lot of blah,blah,blah about sending payments globaly, cheaply and fast, in US$, currently in pretty trivial amounts.
unkel wrote: » I can't see it either. Will they be faster than say the likes of Revolut? And use equally impossible to beat rates (interbank rates) and zero fees?
cnocbui wrote: » You are kidding yourself ... probably. I'm sure people told themselves that in droves the latter stages of the 2017 bull run, but it's not what they did after the crash happened. The fear caused by that crash knocked the optimism out of most people and they clutched their fiat even more tightly in fear. Warren Buffet said 'be fearful when others are greedy and be greedy when others are feraful'. It sounds simple and easy but the second part is, very, very hard to do.
Dohnjoe wrote: » Old guesswork: Wall street bonuses, Chinese new year New guesswork: Stimulus cheques
Jafin wrote: » Meh, I'm still fairly new to all of it and have invested only a minor amount compared to others in here I'm sure, so I'm not too bothered either way. If it keeps trending up and we don't have a big crash then cool, my investment is still gaining profit. If it does crash I'll pump a bit more money into it for the future which is also cool. If there is a huge crash it won't dissuade me from crypto or anything, I know it'll swing back up eventually even if it takes years. I'm in it for the long haul and I'm not prone to cashing out/buying on a whim.
cnocbui wrote: » I wasn't being critical or trying to dissuade you, I have held bitcoin for a while, I was trying to say that buying after a huge plange in the price of an asset is a lot more difficult to do, than it sounds in theory. I have actually done it, and potentially profited by it, but from my own experience, it's hard.
