Anyone Invested in crypto?

[AtTheMurph]

A currency that's not useful as a currency poses no threat at all.

I thought this originally. No govt is able to control Bitcoin. Outlawing it is futile. Their best bet is to “try” regulating it, and even that, will have to be done by “gentleman’s agreement.”

Just like outlawing cocaine and marijuana. We may eventually have a War on Cryptos that lasts decades and costs trillions and imprisons millions.

Govt will seek a way to control it. My guess is they will start competing crypto currencies only they will be fully tracked which i wouldn't doubt that Bitcoin already is.

 

[JettaKnight]

My wife says I invest too much time on crypto subjects.....Mostly this being here...View attachment 140857

YOu should listen to that wife of your; she's a smart cookie.

 

[Kutnupe14]

Just like outlawing cocaine and marijuana. We may eventually have a War on Cryptos that lasts decades and costs trillions and imprisons millions.

Govt will seek a way to control it. My guess is they will start competing crypto currencies only they will be fully tracked which i wouldn't doubt that Bitcoin already is.

Bitcoin is tracked, via an open ledger. That ledger, however, in anonymous. Trying to attach an individual to it, I like trying to track the owner of a dollar, that has been split into 100 pennies.

 

[BugI02]

The half-life of your anonymity is inversely proportional to the resources of the individual or organization who has noticed you

 

[thompal]

Bitcoin is tracked, via an open ledger. That ledger, however, in anonymous. Trying to attach an individual to it, I like trying to track the owner of a dollar, that has been split into 100 pennies.

I suspect that anyone with the capability to spread a wide enough net, and do enough traffic analysis, could pretty easily attach an email address to a specific ledger entry. It's not much different than the techniques used to monitor the input and output traffic of the old anonymous remailers

 

[thompal]

I bought a sack of wooden nickels...gonna be worth millions

Watching the price of wood lately, you may be right.

 

[chadm]

Crypto currencies seem like a riskier version of the stock market. And that’s scary. It’s so “interesting” to see the market up one day for stupid reasons that don’t matter. Then down the next for stupid reasons that don’t matter. But those crypto currencies have mood swings worst than anything I’ve ever seen. Up $10k and down $20k. No thanks for that kind of heartburn.

 

[Kutnupe14]

I suspect that anyone with the capability to spread a wide enough net, and do enough traffic analysis, could pretty easily attach an email address to a specific ledger entry. It's not much different than the techniques used to monitor the input and output traffic of the old anonymous remailers

Quantum computing is about the only way you’re going to crack the most secure cryptos, and that’s assuming the token’s code isn’t modified. I can’t imagine that wouldn’t happen.

 

[Spear Dane]

I suspect that anyone with the capability to spread a wide enough net, and do enough traffic analysis, could pretty easily attach an email address to a specific ledger entry. It's not much different than the techniques used to monitor the input and output traffic of the old anonymous remailers

Exactly why I would not want to be one of the people that got paid BTC for hacking Colonial Pipeline. Yeah they scored. Now they have to survive being actively hunted and probably not just by every alphabet agency in the USG. I imagine a lot of governments around the world realize they have a vested interest in finding and making examples of these people.

 

[oldschoolmuscle]

im bag holding litecoin right now. i will probably for a while lol....

 

[kickbacked]

I had to put my phone down for the day. I want to reload on BTC but Im getting tired of buying the dip for it only to go on closeout sale again the next day. I wanted to acquire more ETH to even out my portfolio but cant miss out on this BTC fire sale.

 

[ChristianPatriot]

My spot accounts look BRUTAL right now lol

 

[jd4320t]

I’m considering doubling down if it hits 30k.

 

[nra4ever]

That’s right. You buy the dips!!! Great time to buy!!!

 

[AtTheMurph]

Bitcoin is tracked, via an open ledger. That ledger, however, in anonymous. Trying to attach an individual to it, I like trying to track the owner of a dollar, that has been split into 100 pennies.

So you are led to believe.

IMHO there is nothing on the internet that is anonymous including anything that you believe to be encrypted. I know it is marketed that way, but I'm not buying it.

Just like I don't believe the the federal government only collects meta-data or whatever BS they like to state about their spying efforts on us. Crypto currencies IMHO all have a backdoor that the government has into software systems. (My D.I.L. is the director of electronic security at a large tech company that everyone know. She also worked in electronic security for the Federal Reserve.) I think it is likely that Satoshi Nakamoto is simply some US government agency who work hand in hand with our tech companies.

Could be wrong but I think my odds of being right are much higher than 50/50.

 

[AtTheMurph]

I’m considering doubling down if it hits 30k.

wait for 25

 

[BugI02]

I had to put my phone down for the day. I want to reload on BTC but Im getting tired of buying the dip for it only to go on closeout sale again the next day. I wanted to acquire more ETH to even out my portfolio but cant miss out on this BTC fire sale.

I'm not sure a 40% drop can accurately be described as a 'dip'

Bloodbath, maybe. It can't even realistically be called a 'correction'

 

[dnurk]

wait for 25

I’d like to see that but things across the board are rebounding today. BTC up to 37

 

[AtTheMurph]

I’d like to see that but things across the board are rebounding today. BTC up to 37

Give it time. The retracement may well go to 25k or even 18k (based on technical research I have seen from a guy I know who is CIO of Guggenheim Investments. He's usually pretty good but he buys and sells early, but I guess that is better than late.)

 

[nra4ever]

so bitcoin $50,000 by Friday would wreck the leverage people. We will see what happens...