What Bitcoin is useful for Describing Bitcoin as a "high risk investment" isn't useful. Describing Bitcoin as an "inflation hedge" or "store of value" seems a bit silly. Describing Bitcoin as a currency gives rise to the obvious criticism that not many places are accepting it as a currency. So what is Bitcoin useful for? I present this take: Bitcoin is a short position on your local currency. You are effectively betting that Governments around the world will spend more than they tax, so they borrow it. The issuer of the loan, through convoluted... 5 0 replies
Bitcoin rallies past $107,000, hopes grow for strategic reserve Bitcoin rallies past $107,000, hopes grow for strategic reserve 2 0 replies
Ethereum (ETH) breaks $4000 for the first time in three years Ethereum (ETH) breaks $4000 for the first time in three years 2 0 replies
Genuine question: are we close to the cycle top? Many Alts have had some sort of correction ranging between 30-50%, and BTC itself hasn’t had a significant correction yet in recent months, although it’s been making new ATH almost every week (though smaller gains). It seems the recent rally can be tied to the US elections and Trump being pro-crypto and rumors of a BTC reserve. Would this be a buy the rumor & sell the news type of thing? Does Trumps inauguration signal the top for this bull run? Along with this, recent MSTR tweets about their... 1 0 replies
Almost 800 arrested over Nigerian crypto-romance scam Almost 800 arrested over Nigerian crypto-romance scam 2 0 replies
How a scammer stole $300,000 worth of crypto by impersonating Uber drivers How a scammer stole $300,000 worth of crypto by impersonating Uber drivers 3 0 replies
Ethereum’s Streak of Inflows Continues: $1 Billion in 1 Week Ethereum’s Streak of Inflows Continues: $1 Billion in 1 Week 1 0 replies
Raising the Standard for Stablecoins: Ripple USD Launches Globally with Unmatched Utility, Experience, and Compliance Raising the Standard for Stablecoins: Ripple USD Launches Globally with Unmatched Utility, Experience, and Compliance 4 0 replies
Donald Trump’s Son Confirms Plan to Eliminate Crypto Capital Gains Tax Donald Trump’s Son Confirms Plan to Eliminate Crypto Capital Gains Tax 4 0 replies
How sure are we that there will be another bear market as pronounced as those seen in 2018, 2022 etc? With ETFs could this change the pattern? Now that crypto has institutional investment and ETFs, I think it is likely that bear markets and bull runs are going to be less pronounced than they were in the past. Perhaps even the four year cycle that we've come to expect will fall apart soon. The thing is all of us are waiting for 2026 or so for the next bear market, and we all are going to buy in then. However, how disappointed would we be if (lets assume this round BTC peaks at 140K) BTC actually... 5 0 replies
Ripple USD stablecoin set for trading debut tomorrow Ripple USD stablecoin set for trading debut tomorrow 2 0 replies
Big Changes in USA Tax Accounting Universal accounting, which is treating all your crypto assets cause if they are stored in one wallet for tax purposes, even if they are in multiple Wallet, will no longer be allowed starting on New Year’s Day. Almost everyone has been using universal accounting as most of your tax software does it this way, and it’s also the most intuitive. The IRS put out guidance that going forward calculations need to be made on a wallet by wallet or exchange account by exchange account basis. This is to increase... 4 0 replies
First Blackrock is “going ALL IN”, and 15hours later “WTF they’re suppressing the entire crypto market!!” …Im beginning to suspect Crypto Youtubers just say stuff for views 🧐 First Blackrock is “going ALL IN”, and 15hours later “WTF they’re suppressing the entire crypto market!!” …Im beginning to suspect Crypto Youtubers just say stuff for views 🧐 5 0 replies
Crypto Trading Volume at Robinhood Surged in Nov as Exchange Added 420k New Users Crypto Trading Volume at Robinhood Surged in Nov as Exchange Added 420k New Users 4 0 replies
In light of new ATHs, to all who think they are 'too late' to buy "___" and make huge returns.... ...give yourself some grace. We all have that 'oh man' moment, that 'if I had only done XXX I would be able to retire now'. 'If only I had bought $100 worth in 2011 I could be set for life now!'. Newsflash, you probably wouldn't have been, something would probably have happened in the 13 years since that would have disrupted your plans, believe me I know. I remembered a convo I had had years ago with my now-deceased grandfather. He bemoaned how he didn't buy this certain plot... 4 0 replies
MicroStrategy acquires 15,350 BTC ahead of Nasdaq-100 listing MicroStrategy acquires 15,350 BTC ahead of Nasdaq-100 listing 4 0 replies
When to sell? Pt 1 Hello crypto friends! This is the first part in a series of posts about when to sell. Originally I wrote this for my friends in the Hegecoin community. But this info is useful no matter what coin you're into. So in the spirit of the season, I'm gonna share it with all of you in here too. Hope you like it and happy holidays from Hege! In this initial post I'll first cover some basics and outline a strategy. Then I'll dive into the first part of the strategy... 3 0 replies
Ethereum’s 400% growth this year is hidden in L2 apps Ethereum’s 400% growth this year is hidden in L2 apps 1 0 replies