BITCOIN Discussion..........

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raiders72001

raiders72001

Joined
Jan 28, 2023
Messages
189
wvUk7cp.jpg
 

homie1975

homie1975

Joined
Oct 6, 2022
Messages
1,088
BTC stuck in the 41K to 44K trading range.

we need another leg up here soon for those of us who want to take profits or another leg down for those of us who want to add to our position.

i am in both camps. either way is fine by me.
 

rolandcorts

rolandcorts

Joined
Feb 10, 2022
Messages
999
The only value of ETH at the moment seems to be through facilitating trading crypto via USDT/USDC but not USD directly. People who think USDT and USD are equivalent can use it to trade with limited KYC on various exchanges, as opposed to USD directly where there will be full KYC.

The problem/irony is that ultimately any profits from trading USDT/BTC or other pairs will ultimately need to go through a KYC'd exchange so the person can actually spend it on goods/services. Not to mention the main irony that people just trust a centralized party to prop up USDT to parity with the USD.

Crypto is full of morons. But I'm glad it's going up :LOL:
 

raiders72001

raiders72001

Joined
Jan 28, 2023
Messages
189
The only value of ETH at the moment seems to be through facilitating trading crypto via USDT/USDC but not USD directly. People who think USDT and USD are equivalent can use it to trade with limited KYC on various exchanges, as opposed to USD directly where there will be full KYC.

The problem/irony is that ultimately any profits from trading USDT/BTC or other pairs will ultimately need to go through a KYC'd exchange so the person can actually spend it on goods/services. Not to mention the main irony that people just trust a centralized party to prop up USDT to parity with the USD.

Crypto is full of morons. But I'm glad it's going up :LOL:
Bitcoin is the #1 gaining asset class 3 out of every 4 years and it's not close. It has to do with the 4 year halving cycle.
 
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