Over70irregs
Well-Known Member
Crypto Doesn't Need More Guidance, SEC Chair Gensler Says
The Securities and Exchange Commission chief said the regulatory agency’s existing rules provide a clear roadmap for crypto companies, despite what they want.
Bitcoin/Ethereum/cryptocurrencies
- Thread starter 35years
- Start date
DriveInDriveOut
Inordinately Right
White House Labels Cryptocurrency Mining A Climate Threat
'the Administration should explore executive actions'
dailycaller.com
The White House claims that mining cryptocurrencies are endangering the Biden administration’s climate goals as they generate substantial amounts of carbon emissions and consume large amounts of electricity, according to a report produced by the White House Office of Science and Technology Policy. The report, which was commissioned by the Biden administration as part of a March executive order on digital asset regulation, recommended that the federal government impose crypto mining regulations to curb the power usage that mining requires.
Over70irregs
Well-Known Member
Picture a world where there will be a cap on how much energy is used. You will have a cap on your biz or resi on mining bitcoin. You will have to register an LLC and be doxed to mine at home. Government will not let a smaller country be ahead of them. They have more coins than we know.
Over70irregs
Well-Known Member
Crypto {does not =} scarcity
Crypto {=} rugpull
Crypto {=} rugpull
Over70irregs
Well-Known Member
Signal Flare People are pulling their $ out of banks
Fidelity, Citadel Securities, Charles Schwab Launch Bitcoin, Crypto Exchange
The group of financial behemoths is launching a bitcoin and crypto exchange to be settled on-chain with the liquidity backing of legacy finance.
bitcoinmagazine.com
Re-Raise
Well-Known Member
Why are you always talking in riddles?
Are you trying to say that crypto doesn’t derive it’s value from scarcity..but that the rug will be pulled out from crypto investors??
That is my best guess. Not that I understand your purpose in posting any of that..especially posting it as a riddle
Over70irregs
Well-Known Member
When the vehicles leave the barn make sure you don’t stand behind the tailpipes. Please open the rollup doors.
DriveInDriveOut
Inordinately Right
The Ethereum Merge Is Done, Opening a New Era for the Second-Biggest Blockchain
The historic upgrade casts aside the miners who had previously driven the blockchain, with promises of massive environmental benefits.
Ethereum’s developers say the upgrade will make the network – which houses a $60 billion ecosystem of cryptocurrency exchanges, lending companies, non-fungible token (NFT) marketplaces and other apps – more secure and scalable, too.
Over70irregs
Well-Known Member
%100% CAPTURED …..Plus cash being phased out. Oh well…
Re-Raise
Well-Known Member
The payoff is potentially gigantic. Ethereum should now consume 99.9% or so less energy. From an energy costs perspective, it's like Finland suddenly shut off its power grid, according to one estimate.The Ethereum Merge Is Done, Opening a New Era for the Second-Biggest Blockchain
The historic upgrade casts aside the miners who had previously driven the blockchain, with promises of massive environmental benefits.www.coindesk.com
Ethereum’s developers say the upgrade will make the network – which houses a $60 billion ecosystem of cryptocurrency exchanges, lending companies, non-fungible token (NFT) marketplaces and other apps – more secure and scalable,
Over70irregs
Well-Known Member
It’s taking a beating right now.
I’m optimistic once it all smooths over.
As long as it doesn't dip back under $100 I'm good.
Over70irregs
Well-Known Member
Well…… um…….. man……. Staking is no joke. Who is the other (gray area)?
Re-Raise
Well-Known Member
$100! Was it ever below $100?
The max chart I looked at goes back to 2018 and the lowest price was about $115
Are you trying to say you bought Ether at sub $100?
12/8/2018 I bought a chunk for $90.38
Re-Raise
Well-Known Member
That was the last time I bought Eth, I did sell 2 coins in 2020 to buy some litecoin, which I now regret. I'm still positive on the litecoin but nothing close to what eth has done since.
Over70irregs
Well-Known Member
Let’s be nice boys. Big fish upcoming.
