Are we excited yet?

grindle · 07-06-2021 11:54AM

Deleted User wrote: »

I have no idea what you guys are on about. My mum came out of retirement twice as a nurse because of the boredom. I thought Covid-19 had shown people that retirement isn't all it's cracked up to be.

Different strokes I guess. I enjoyed the lockdowns, but social people seemed to be in a heap.

Xaniaj · 07-06-2021 12:01PM

[Deleted User] wrote: »

I have no idea what you guys are on about. My mum came out of retirement twice as a nurse because of the boredom. I thought Covid-19 had shown people that retirement isn't all it's cracked up to be.

Everyone's different obv but the idea of coming out of retirement due to 'boredom' is crazy to me. Work to live and not live to work, etc!

Mister Vain · 07-06-2021 12:04PM

grindle wrote: »

Different strokes I guess. I enjoyed the lockdowns, but social people seemed to be in a heap.

Yeah any introverts I've spoken to said it suited them. Although now there is the problem of post-lockdown anxiety.

FFVII · 07-06-2021 12:22PM

cnocbui wrote: »

He didn't see the value in Amazon either. Someone else at Berkshire H. cottoned on to that one and made the investment. Probably twisted his arm on Apple too.

I don't lionise him and hes far from stupid, he's got some good things to say, but I think his areas of expertise ceased to be as important as they were in the past, around the 80's. He could and should have retired 20 years ago. I simply can't comprehend why anyone over 60 who has billions under their belt, stays busy trying to make as many more billions as they can, instead of blowing $500 M on a superyacht and spending the rest of their days cruising the whole world and living it up.

Most of these mean rich men even proudly proclaim they will ensure their own children get almost nothing and they will give it all away.

The pointlessness of mega wealth.

Apple investment wasnt him either. An underling.

weemcd · 07-06-2021 09:12PM

And we've got another dip....

How low does BTC go? This is quite exhausting.

FFVII · 07-06-2021 10:06PM

https://m.youtube.com/watch?v=UG07x3aN3b0

FGR · 07-06-2021 10:11PM

weemcd wrote: »

And we've got another dip....

How low does BTC go? This is quite exhausting.

This is probably my fault as I just bought some BNB on Thursday and CRO today. Murphy's law kicked in right away from the second I bought each :pac:.

ConseyMan · 07-06-2021 10:19PM

I was just looking at the headlines in today on chain
https://todayonchain.com/
and thinking, nothing but good news. Look at the market, nothing but a big dip.
I can't make out this market.

HillCloudHop · 07-06-2021 11:31PM

ConseyMan wrote: »

I was just looking at the headlines in today on chain
https://todayonchain.com/
and thinking, nothing but good news. Look at the market, nothing but a big dip.
I can't make out this market.

People taking profits. Others see their portfolio value dropping and also sell. Repeat.

HillCloudHop · 07-06-2021 11:34PM

weemcd wrote: »

And we've got another dip....

How low does BTC go? This is quite exhausting.

10-20k is my guess followed by consolidation for a few years until the next bull market. Boring bear markets are the best time to buy.

wotzgoingon · 08-06-2021 12:36AM

HillCloudHop wrote: »

10-20k is my guess followed by consolidation for a few years until the next bull market. Boring bear markets are the best time to buy.

Imagine if it dropped to 10k and never went back up. Life of cryto nobody knows what will happen.

08-06-2021 12:55AM

wotzgoingon wrote: »

Imagine if it dropped to 10k and never went back up. Life of cryto nobody knows what will happen.

I think that's possible for BTC, but a more useful crypto will take its place. Flippening is inevitable.

OEP · 08-06-2021 08:49AM

Deleted User wrote: »

I have no idea what you guys are on about. My mum came out of retirement twice as a nurse because of the boredom. I thought Covid-19 had shown people that retirement isn't all it's cracked up to be.

Your mum needs some hobbies!

Idioteque · 08-06-2021 08:58AM

Interesting news coming out about the US recovering most of the bitcoin ransom paid by Colonial for the Pipeline attack (63.7BTC of the 75BTC paid).

TXPTGR1 · 08-06-2021 09:01AM

The absolute State of people here pretending some South American basket case “attempting” to make Bitcoin legal tender is amazing for Bitcoin
And those Twitter accounts with the lazer eyes
Embarrassing

Shedite27 · 08-06-2021 09:11AM

Idioteque wrote: »

Interesting news coming out about the US recovering most of the bitcoin ransom paid by Colonial for the Pipeline attack (63.7BTC of the 75BTC paid).

I'm kinda surprised this stuff doesn't happen more. I'm always hearing comments about how Bitcoin has records on the blockchain, and how there's transparency because of the decentralised ledger. Should this not make it easier to follow the "money"?

Shedite27 · 08-06-2021 09:23AM

TXPTGR1 wrote: »

The absolute State of people here pretending some South American basket case “attempting” to make Bitcoin legal tender is amazing for Bitcoin
And those Twitter accounts with the lazer eyes
Embarrassing

Firstly it's central American, but I see it interesting for two reasons.

1. El Salvador is 2 hr flight from mainland America, same timezone. They're offering no-CGT on Crypto profits. That's gonna attract some people who have big stores of Bitcoin, some of who have crypto-companies. It's a great opportunity for a struggling nation to attract these companies and become a crypto hotspot, not to dissimilar to what Dublin has done with the tech companies. They've nothing to lose, maybe they'll attract an industry with tax treatment and the chance to live on a beach on the Pacific.

2. I read over the weekend that that when a currency is declared legal tender in the world, then it can be treated differently on balance sheets. So previously if BOI held bitcoin, it would need big reserves as it's not as liquid as cash. Now if BOI want to hold Bitcoin, it's the same as holding USD or Japanese Yen, so get more favourable tax treatment. It might make holding Bitcoin a little more attractive to corporations.

irish_goat · 08-06-2021 09:28AM

Revolut have added everyone's favourite coin to their platform, Doge.

Himnydownunder · 08-06-2021 09:30AM

irish_goat wrote: »

Revolut have added everyone's favourite coin to their platform, Doge.

Is it likely to raise the value of this Crypto? Crypto in the toilet this week overall.

weemcd · 08-06-2021 09:37AM

Himnydownunder wrote: »

Is it likely to raise the value of this Crypto? Crypto in the toilet this week overall.

Probably will cause a spike in Doge when the yanks wake up but not much else imo. Everything bleeding atm.

08-06-2021 09:52AM

TXPTGR1 wrote: »

The absolute State of people here pretending some South American basket case “attempting” to make Bitcoin legal tender is amazing for Bitcoin
And those Twitter accounts with the lazer eyes
Embarrassing

I agree the laser eyes is cringe as fcuk

GooglePlus · 08-06-2021 10:18AM

Reddit seems to be down, went to have a look at the Bitcoin sub. It's weird, the Irish Times website is also down and throwing the same error.

Shedite27 · 08-06-2021 10:23AM

GooglePlus wrote: »

Reddit seems to be down, went to have a look at the Bitcoin sub. It's weird, the Irish Times website is also down and throwing the same error.

Company that runs the plumbing of a lot of these companies "Fastly" seems to be having issues

cc87 · 08-06-2021 10:24AM

GooglePlus wrote: »

Reddit seems to be down, went to have a look at the Bitcoin sub. It's weird, the Irish Times website is also down and throwing the same error.

Fastly, a company involved in hosting a large number of sites is down so everyone they provide for is down.

Suckit · 08-06-2021 10:24AM

TXPTGR1 wrote: »

The absolute State of people here pretending some South American basket case “attempting” to make Bitcoin legal tender is amazing for Bitcoin
And those Twitter accounts with the lazer eyes
Embarrassing

They're all jumping on now. Mexico next, just to ge the ball rolling

Panamanian Politician (Or a footballer for Saint-Étienne :pac:)

https://t witter.com/gabrielsilva8_7/status/1401965129051389958?s=21

FORBES: "If President Bukele's #Bitcoin proposal becomes law, El Salvador could become one of the most important monetary centers in the world." https://forbes.com/sites/theapoth

This is important. And Panama cannot be left behind. If we want to be a true technology and entrepreneurship hub, we have to support cryptocurrencies We will be preparing a proposal to present at the Assembly. If you are interested in building it, you can contact me

GooglePlus · 08-06-2021 10:26AM

Shedite27 wrote: »

Company that runs the plumbing of a lot of these companies "Fastly" seems to be having issues

Here's me thinking the great final hack was upon us.

bfa1509 · 08-06-2021 03:29PM

Idioteque wrote: »

Interesting news coming out about the US recovering most of the bitcoin ransom paid by Colonial for the Pipeline attack (63.7BTC of the 75BTC paid).

I wonder what they do with the bitcoin they seize? Sell it, share it amongst themselves, lock it in an evidence bag?

Removing all this bitcoin from circulation can only serve to increase it's value no?

cc87 · 08-06-2021 03:37PM

bfa1509 wrote: »

I wonder what they do with the bitcoin they seize? Sell it, share it amongst themselves, lock it in an evidence bag?

Removing all this bitcoin from circulation can only serve to increase it's value no?

Does it not go back to Colonial or to their insurance company if they were covered?

It was their money to begin with.

AlmightyCushion · 08-06-2021 03:41PM

bfa1509 wrote: »

I wonder what they do with the bitcoin they seize? Sell it, share it amongst themselves, lock it in an evidence bag?

Removing all this bitcoin from circulation can only serve to increase it's value no?

They will probably just sell it to recover some of the money spent on the ransom. Why would the bitcoin be removed from circulation?

bfa1509 · 08-06-2021 04:00PM

AlmightyCushion wrote: »

They will probably just sell it to recover some of the money spent on the ransom. Why would the bitcoin be removed from circulation?

If it was a US authority that recovered it then selling it means they see it as something that isn't a criminal asset. It gives it more legitimacy I feel.

Edit: Just see that it was with bitcoin the ransom was paid with. Nevermind.

Are we excited yet?

Comments