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

[S.W.A.T.]

Depends on the time frame. If we look at this year its down, if we look at 10 years its up. If we look at today it is up 11% from yesterday....

What is your point?

My point is crypto is like Jesus or Santa or a Ponzi scheme, one EMP brings it all down or countries to start saying they will not recognize it and it crumbles.

 

[lilduke]

My point is crypto is like Jesus or Santa or a Ponzi scheme, one EMP brings it all down or countries to start saying they will not recognize it and it crumbles.

Canada already doesnt recognize it. You cant pay your tax's with bitcoin.

Its out side of the governments system. That is part of the apeal to me.

What do you think the Canadian dollar is? They can just make more when ever they feel like it. They could also just say its worthless starting tomorrow and here is your new digital government currency.


But what ever, do you. Cadadian tire money was a great idea, but now its a card

 

[2kDoo]

Canada already doesnt recognize it. You cant pay your tax's with bitcoin.

Its out side of the governments system. That is part of the apeal to me.

What do you think the Canadian dollar is? They can just make more when ever they feel like it. They could also just say its worthless starting tomorrow and here is your new digital government currency.


But what ever, do you. Cadadian tire money was a great idea, but now its a card

Liquor store in west Edm used to take Canadian tire money, along with the Brewhouse on Canada day. I miss the 2000s

 

[lilduke]

Dont think an EMP will take out your banking?

My banks atms and bank cards go down from time to time. Visa went down recently.

Bitcoin was working though. It hasnt had a day where it hasn't worked yet and that is more than Visa can say...

 

[S.W.A.T.]

Canada already doesnt recognize it. You cant pay your tax's with bitcoin.

Its out side of the governments system. That is part of the apeal to me.

What do you think the Canadian dollar is? They can just make more when ever they feel like it. They could also just say its worthless starting tomorrow and here is your new digital government currency.


But what ever, do you. Cadadian tire money was a great idea, but now its a card

Lots of truth to that, i just take solitude in the fact if the bank or government decides to pull some BS at least i can smash their windows out

 

[lilduke]

Lots of truth to that, i just take solitude in the fact if the bank or government decides to pull some BS at least i can smash their windows out

Well when i go to the store. I use my bank card. Not bitcoin or a bar of gold.


I wouldnt tell anyone to go all in on bitcoin. But if you have some $$$ you can afford to gamble with, the time to buy is when it crash's, not after it sky rocket's....

 

[mclean]

I wonder who still owns that garbage cielo stock hahaha

lol

 

[BILTIT]

 

[drew562]

I wonder who still owns that garbage cielo stock hahaha

Me. I bought in and out a few times made a bunch of money off it and then I got caught in too long to sell

 

[papajake]

Doug I would be more scared of BCs new bill 36 you might have to move back to Alberta the government has gone totally nuts

 

[BILTIT]

 

[BILTIT]

BlackRock’s Fink Says Most Crypto Firms Will Fold Following FTX’s Implosion

 

[niner]

 

[X-it]

Well my advice avoid Netcoins for an account.

 

[BILTIT]

WSJ News Exclusive | Crypto Companies Behind Tether Used Falsified Documents and Shell Companies to Get Bank Accounts

Tether Holdings and a related crypto broker used “cat and mouse tricks” to obscure identities, documents show.

www.wsj.com

 

[ferniesnow]

So with the collapsing of some of the major banks in the US starting, where do crypto funds stand?
Who has the insight?
Are they going to go up or drop like a rock?
Asking for a friend....

 

[5Lgreenback]

Bitco

So with the collapsing of some of the major banks in the US starting, where do crypto funds stand?
Who has the insight?
Are they going to go up or drop like a rock?
Asking for a friend....

Bitcoin is up 15% today so far.....

 

[BILTIT]

i wouldnt be a part of any crypto....

 

[ferniesnow]

Bitco

Bitcoin is up 15% today so far.....

Yes, Ether is also up a good amount.
The question is “is it going to continue or fall?"
A question for all time I suppose.

 

[X-it]

Canadiantires bank ..and their triangle card with paying the extra 99 dollars is doing great, little pissed i could not join ATB, BC residents are not allowed to do that. I do have a netcoin account and the only reason i have one was to pay for the truckers freedom convoy.. they needed your left nut for an account there. I am beginning to think the lions share of bitcoin use is in illegal activity. No shortage of that in our new world.