Crypto currencies 101.....for us neophytes.

[adamg]

SBF is going to the big house - for a long time!
I can't believe how fast that trial was. Why can't they all be like that. I think it was less than 365 days between the company collapsing and his conviction.

 

[BILTIT]

XRP trending up nicely this last week, hope it continues.

 

[imdoo'n]

something to think about

 

[adamg]

Every Bitcoin payment 'uses a swimming pool of water'

As billions face water shortages, a new study warns of the cryptocurrency's thirst for water.

www.bbc.com

Bitcoin is entirely useless as a practical financial transaction / money system.

Money laundering keeps crypto alive. The only reason crypto exists: to facilitate money laundering.
Watch this video for one glimpse inside a crypto firm, where they specifically court launderers because that's their main clientele.

 

[adamg]

Every Bitcoin payment 'uses a swimming pool of water'

As billions face water shortages, a new study warns of the cryptocurrency's thirst for water.

www.bbc.com

Bitcoin is entirely useless as a practical financial transaction / money system.

Money laundering keeps crypto alive. The only reason crypto exists: to facilitate money laundering.
Watch this video for one glimpse inside a crypto firm, where they specifically court launderers because that's their main clientele.

On a related topic, the whole NFT concept is the same story. It's only practical purpose is money laundering, and almost all of the NFT transactions are done for that reason.

 

[lilduke]

Bitcoin sitting at 52,217$ cad right now

 

[jhurkot]

$70k


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[ferniesnow]

My Ether is following right along. I am a happy camper lately.

 

[ferniesnow]

Dilemma time.
When do I take some profits? How high is this trend going?

 

[jhurkot]

Dilemma time.
When do I take some profits? How high is this trend going?

Not yet, $75k now.


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[BILTIT]

My XRP is preparing for liftoff

 

[ferniesnow]

Not yet, $75k now.


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$77.3k this morning

 

[lilduke]

Bitcoin is a scam. I heard Canadian tire money is better.

 

[TylerG]

Bitcoin is a scam. I heard Canadian tire money is better.

That's why I keep collecting the CT Money yep!

 

[Bnorth]

Dilemma time.
When do I take some profits? How high is this trend going?

Who knows, it's extremely volatile. Sell your buy in and leave your gains then it's all play money. Easy come easy go.

 

[lilduke]

83 g

 

[jhurkot]

Who knows, it's extremely volatile. Sell your buy in and leave your gains then it's all play money. Easy come easy go.

Don't sell before $1M.

 

[jhurkot]

$90k


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[ferniesnow]

Rolling right along.

 

[lilduke]

91,500$ Who's driving the price up right now I wonder?