Listen up! This effects you Crypto Haters just as much as the Crypto Lovers! | |
Anonymous Coward User ID: 85715451 05/01/2023 03:59 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79336278 United States 05/01/2023 04:00 PM Report Abusive Post Report Copyright Violation | |
sorrow'sTear
(OP) User ID: 72896110 United States 05/01/2023 04:10 PM Report Abusive Post Report Copyright Violation | Do we really want the Fed bailing out coinbase when it suffers a bank run? Quoting: Anonymous Coward 79336278 Is that a concern? If the SEC would make a ruling on digital assets, it certainly could distance itself from any BS bailing of any kind. But this isn't about bail-outs; it's about not disclosing a the rule or a decision on the rule to follow, and using a heavy hand because it doesn't like being asked to be clear on a subject. |
Anonymous Coward User ID: 81529206 United States 05/01/2023 04:11 PM Report Abusive Post Report Copyright Violation | |
Butch DeFeo
User ID: 83141632 United States 05/01/2023 04:13 PM Report Abusive Post Report Copyright Violation | Correct, OP. Crypto needs clarification and perhaps some regulations. SEC is crooked which should surprise no one here. Last Edited by Butch DeFeo on 05/01/2023 04:13 PM :DOCSRBAFFLED::redblueLED::DONTBEAPANDEMICS: Only you can stop the fake pandemic for yourself, no one will ever tell you the pandemic is over. It's time to WIN. |
sorrow'sTear
(OP) User ID: 72896110 United States 05/01/2023 04:14 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 84167705 United States 05/01/2023 04:15 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 85632690 Canada 05/01/2023 04:16 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 74109783 United States 05/01/2023 04:17 PM Report Abusive Post Report Copyright Violation | Coinbase has filed suit against the SEC to answer their petition to rule on digital assets, which they asked for like last July. Quoting: sorrow'sTear Prior to the lawsuit filing, the only response from the SEC was to issue a vague wells notice to Coinbase that they are in violation of something security related. Mind you, this is after the SEC green-lit Coinbase going public. Just recently has soft-forced Bittrex out of the US market, with Gemini likely soon to follow. Maybe Kraken has some staying power? I don't know. Coinbase is really the only one that can possibly hold it's own against the SEC for a little while. And for you crypto haters, this isn't anyone's just desserts. I get it that people hate what they don't understand, but this is no different than anything else. The SEC has screwed us in all the markets. They chewed Forex to an absolute nub, so no one but market-makers could make any money. No hedging, FIFO, while the rest of the world enjoys all the risk and possibility they want. The SEC is squarely against anyone making money. Pay attention: this could easily turn into the "Peoples Crypto vs. The CBDC". The people do not want to lose this one. [link to www.coinbase.com (secure)] [link to www.coindesk.com (secure)] anyone that invested in bits, deserves to lose the real assets they invested. DON'T INVEST IN AIR PEOPLE!! |
Anonymous Coward User ID: 74828966 United States 05/01/2023 04:19 PM Report Abusive Post Report Copyright Violation | |
sorrow'sTear
(OP) User ID: 72896110 United States 05/01/2023 04:22 PM Report Abusive Post Report Copyright Violation | All I see is one third party after another getting in the way of one's wealth. Quoting: Anonymous Coward 74828966 Now, what has no third party interference? I dunno. I like that observation. Everything must convert down to the $Dollar, until there is a new mindset and we ignore the governments money. Maybe that was the whole thing with crypto wealth. A diabolical plan for people to be allowed to make tons of money, so the government would absolutely need to step in. |
Anonymous Coward User ID: 81529206 United States 05/01/2023 04:26 PM Report Abusive Post Report Copyright Violation | Coinbase is not crypto Quoting: Anonymous Coward 81529206 it's an institutional vampire feeding off crypto I can agree with that, but crypto does need on-ramps. Having institutional 'on ramps' that track and tax you defeats the whole purpose of crypto it was meant as an alternative to the current money system peer to peer, and decentralized exchanges that do not require identification is the answer own your wallet, there's no need to let coinbase keep your crypto for you it just takes a few moments to set up your own wallet and send your coins to it from coinbase. that's the first step to true 'financial' independence |
Anonymous Coward User ID: 85481556 United States 05/01/2023 04:28 PM Report Abusive Post Report Copyright Violation | Metallicus, the company behind MetalPay,Proton and Metal Blockchain is the only company that I'm aware of that is compliant with SEC. They've built on-chain KYC and offer a DEX (protondex.com) and lending platform (protonloan.com). |
sorrow'sTear
(OP) User ID: 72896110 United States 05/01/2023 04:34 PM Report Abusive Post Report Copyright Violation | Coinbase is not crypto Quoting: Anonymous Coward 81529206 it's an institutional vampire feeding off crypto I can agree with that, but crypto does need on-ramps. Having institutional 'on ramps' that track and tax you defeats the whole purpose of crypto it was meant as an alternative to the current money system peer to peer, and decentralized exchanges that do not require identification is the answer own your wallet, there's no need to let coinbase keep your crypto for you it just takes a few moments to set up your own wallet and send your coins to it from coinbase. that's the first step to true 'financial' independence My first purchase was through coinbase about 8 years ago. I knew no other way. Additionally, I've rarely left my crypto on an exchange for any extended period of time. |
Anonymous Coward User ID: 85597408 Canada 05/01/2023 06:08 PM Report Abusive Post Report Copyright Violation | |
hillbilly aka Cornpone User ID: 79632299 United States 05/01/2023 06:18 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 38733927 Canada 05/01/2023 06:30 PM Report Abusive Post Report Copyright Violation | The bankers WANT to use crypto, to herd everyone into DIGITAL ONLY CBDC. But for that the cryptos and exchanges need to follow the rules. Can't have anyone quickly getting rich and getting out, or any of that. They want to use cryptos to divert some of the 'investment' (more like 'speculative') flows that would otherwise go into precious metals. So it benefits them in that regard and they want to keep that aspect of cryptos. But without any of the 'private' 'decentralized' aspects, that are what make crypto attractive to begin with. Basically they want it to be a controlled casino, like the stock, bond and FX markets. |
Anonymous Coward User ID: 81926609 United States 05/01/2023 06:46 PM Report Abusive Post Report Copyright Violation | Correct, OP. Crypto needs clarification and perhaps some regulations. Quoting: Butch DeFeo SEC is crooked which should surprise no one here. Yes, to add: It already is free from strict control and regulation. The DECs lawsuit was their attempt to lay claim to it as a security. That lawsuit failed. Crypto, as predicted, eludes firm control and regulation because of it's decentralization. |
Butch DeFeo
User ID: 83141632 United States 05/01/2023 06:51 PM Report Abusive Post Report Copyright Violation | Correct, OP. Crypto needs clarification and perhaps some regulations. Quoting: Butch DeFeo SEC is crooked which should surprise no one here. Yes, to add: It already is free from strict control and regulation. The DECs lawsuit was their attempt to lay claim to it as a security. That lawsuit failed. Crypto, as predicted, eludes firm control and regulation because of it's decentralization. Ethereum is in danger of being labeled a security and when it is, they Ethereum will have a hard time because it ICOed outside the US and has other problems that would be found out. Some cryptos will be harmed by SEC fuckery and some will not. :DOCSRBAFFLED::redblueLED::DONTBEAPANDEMICS: Only you can stop the fake pandemic for yourself, no one will ever tell you the pandemic is over. It's time to WIN. |
Anonymous Coward User ID: 79799121 Australia 05/01/2023 07:30 PM Report Abusive Post Report Copyright Violation | they can issue a cbdc. and they can fuck day traders. but they ain’t stopping this crypto train |
Anonymous Sojourner User ID: 77971193 United States 05/01/2023 07:33 PM Report Abusive Post Report Copyright Violation | Pay attention: this could easily turn into the "Peoples Crypto vs. The CBDC". The people do not want to lose this one. [link to www.coinbase.com (secure)] [link to www.coindesk.com (secure)] anyone that invested in bits, deserves to lose the real assets they invested. DON'T INVEST IN AIR PEOPLE!! The Truth Here...---> Try this on for Size , "Anon"....(achoo-*FED*) 1st, No Sound Money since (twice) declaring Bankruptcy.. USA is Incorporated...HolySee & British Territorial United States ... Gold~Silver separated from Our "dollar" DECADES ago. So , talking of Air... What's the Petro-dolllar...?¿? 2nd, & 3RD--->>> Bitcoin is a Finite Supply of Currency. Meaning fed can't artificially inflate supply, aka NO More INFLATION TAX... But that's not the Kicker. Walk this thing through the Whole WAY...Bitcoin WILL END the farsical Corporatocracy... it Will End the Federal fake "govt"... It's years to come, but Mark My Word, It Shall!!! Full Stop: U.C.C. 1-308 WITHOUT PREJUDICE ALL RIGHTS RESERVED ***PRIVATE & CONFIDENTIAL*** |
dogman17
User ID: 85313004 United States 05/01/2023 07:37 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 85469226 United States 05/01/2023 07:39 PM Report Abusive Post Report Copyright Violation | Metallicus, the company behind MetalPay,Proton and Metal Blockchain is the only company that I'm aware of that is compliant with SEC. Quoting: Anonymous Coward 85481556 They've built on-chain KYC and offer a DEX (protondex.com) and lending platform (protonloan.com). You're smart. Mtl will be $10 in the future |
Anonymous Coward User ID: 73411036 United States 05/01/2023 07:45 PM Report Abusive Post Report Copyright Violation | I could never invest in farts in the wind. There's nothing there, no consumer tax base, no energy backing (petro-dollar), no government, nothing, just ones and zeros. At least the CBDC has the backing of a government, and the tax income they receive. Bitcoin has nothing. You'd have to be retarded to put your money into one and zeros, with absolutely nothing backing them. |
Anonymous Coward User ID: 83247570 United States 05/01/2023 07:50 PM Report Abusive Post Report Copyright Violation | |
sorrow'sTear
(OP) User ID: 85679251 United States 05/01/2023 08:17 PM Report Abusive Post Report Copyright Violation | The Truth Here...---> Try this on for Size , "Anon"....(achoo-*FED*) Quoting: Anonymous Sojourner 77971193 1st, No Sound Money since (twice) declaring Bankruptcy.. USA is Incorporated...HolySee & British Territorial United States ... Gold~Silver separated from Our "dollar" DECADES ago. So , talking of Air... What's the Petro-dolllar...?¿? 2nd, & 3RD--->>> Bitcoin is a Finite Supply of Currency. Meaning fed can't artificially inflate supply, aka NO More INFLATION TAX... But that's not the Kicker. Walk this thing through the Whole WAY...Bitcoin WILL END the farsical Corporatocracy... it Will End the Federal fake "govt"... It's years to come, but Mark My Word, It Shall!!! Full Stop: U.C.C. 1-308 WITHOUT PREJUDICE ALL RIGHTS RESERVED ***PRIVATE & CONFIDENTIAL*** These are reasons I will always keep one bitcoin, whether I can cash it out to dollars or not. Last Edited by 52YearOldVirgin on 05/01/2023 08:19 PM |
sorrow'sTear
(OP) User ID: 85679251 United States 05/01/2023 08:19 PM Report Abusive Post Report Copyright Violation | Correct, OP. Crypto needs clarification and perhaps some regulations. Quoting: Butch DeFeo SEC is crooked which should surprise no one here. Yes, to add: It already is free from strict control and regulation. The DECs lawsuit was their attempt to lay claim to it as a security. That lawsuit failed. Crypto, as predicted, eludes firm control and regulation because of it's decentralization. They are still acting like it is a security though. |
The_Mothman_Prophet
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Coldkidc
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