1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

Bushmaster69

Bushmaster69

Superstar
Joined
Nov 7, 2013
Messages
3,388
Reputation
724
Daps
15,292
In The Zone '98 said:
Not that big a deal. They got punished for not having KYC at the time of infraction
Click to expand...
I wouldn't say its not that big a deal.

I have been part of so many exchanges that went down, or were forced out of certain countries, for many reasons, including non compliance, shady transactions, etc..and saw people lose access to their wallets on Mt.Gox, FTX, Bittrex etc...

Employees couldnt be paid, people had ro fight for years to get their digital assets returned, etc. It's shytty.

I lost 6 figures from an exchange being shut down for non compliance about 10 years ago.

The point I'm making is to hold your own key. This is the best way to truly protect your assets.
 
Bushmaster69

Bushmaster69

Superstar
Joined
Nov 7, 2013
Messages
3,388
Reputation
724
Daps
15,292
Gloxina said:
Omg what
Click to expand...
So the story claims a user, who identifies as a attorney, says the case is still active on the aystem, but is gone from the SEC website.

"Identifying as an attorney, the user stated, “I logged in, and the last entry is Ripple’s request for a time extension to file its brief. The case status is still listed as ‘Active,’ though that may change soon.”
  • Civil actions removed from SEC records as Ripple requests April 16, 2025, deadline for its appeal brief.
The story had a positive impact on the price yesterday. For a moment a lot top 50 coins were in the red except XRP.
 
G

Gloxina

Veteran
Joined
Mar 11, 2022
Messages
20,712
Reputation
7,442
Daps
75,152
Bushmaster69 said:
So the story claims a user, who identifies as a attorney, says the case is still active on the aystem, but is gone from the SEC website.

"Identifying as an attorney, the user stated, “I logged in, and the last entry is Ripple’s request for a time extension to file its brief. The case status is still listed as ‘Active,’ though that may change soon.”
  • Civil actions removed from SEC records as Ripple requests April 16, 2025, deadline for its appeal brief.
The story had a positive impact on the price yesterday. For a moment a lot top 50 coins were in the red except XRP.
Click to expand...
How high can this thing go if things move forward? I was serious about throwing a stack in this but if we aren’t seeing real movement for a few cycles I don’t need to do that now. Solid 3-5x plays this cycle is what I need lol
 
IIVI

IIVI

Superstar
Joined
Mar 11, 2022
Messages
12,166
Reputation
2,904
Daps
42,344
Reppin
Los Angeles
Gloxina said:
How high can this thing go if things move forward? I was serious about throwing a stack in this but if we aren’t seeing real movement for a few cycles I don’t need to do that now. Solid 3-5x plays this cycle is what I need lol
Click to expand...
Like someone else mentioned online, the price action right now has zero to do with it’s true potential value. They’re saying you don’t use “charts” to gauge technology and this thing’s potential value.

Basically, take that as you will. For all we know this thing doesn’t fly, but if it truly does become adopted then all this price value right now means squat. Right now the hype is very high because of all the news regarding official U.S statements, the President being pro-crypto, etc. If it’s going to happen then it’ll be sometime during the next four years.

Would definitely leave something in there imo as a “just in case”. Most of my bag is there and I don’t touch it. The rest of my crypto is trying to hit meme coins off Solana (about 5-10% of my crypto investment).
 
Last edited:
Bushmaster69

Bushmaster69

Superstar
Joined
Nov 7, 2013
Messages
3,388
Reputation
724
Daps
15,292
Gloxina said:
How high can this thing go if things move forward? I was serious about throwing a stack in this but if we aren’t seeing real movement for a few cycles I don’t need to do that now. Solid 3-5x plays this cycle is what I need lol
Click to expand...
I personally don't think it is going over $10 any time soon, as much as I wish it would. Maybe $5-$8 if alts kick off in a couple weeks like they did in 2021.

The April/2025 appeal brief or the November/2025 iso20022 deadline for central banks might change things. I was really hoping for $20 by now, but as you can see we are still far from that.

I can only tell you what I did and do. I bought a ton before november 2024, and now I DCA regardless of price every month.
 
Bushmaster69

Bushmaster69

Superstar
Joined
Nov 7, 2013
Messages
3,388
Reputation
724
Daps
15,292
IIVI said:
Like someone else mentioned online, the price action right now has zero to do with it’s true potential value. They’re saying you don’t use “charts” to gauge technology and this thing’s potential value.

Basically, take that as you will. For all we know this thing doesn’t fly, but if it truly does become adopted then all this price value right now means squat. Right now the hype is very high because of all the news regarding official U.S statements, the President being pro-crypto, etc. If it’s going to happen then it’ll be sometime during the next four years.

Would definitely leave something in there imo as a “just in case”.
Click to expand...
100% the price has more to do with hype than the tech.

Market cap doesn't matter for a crypto that is
a settlement currency for tech that will be running a large portion of the worlds money.
 
G

Gloxina

Veteran
Joined
Mar 11, 2022
Messages
20,712
Reputation
7,442
Daps
75,152
Bushmaster69 said:
I personally don't think it is going over $10 any time soon, as much as I wish it would. Maybe $5-$8 if alts kick off in a couple weeks like they did in 2021.

The April/2025 appeal brief or the November/2025 iso20022 deadline for central banks might change things. I was really hoping for $20 by now, but as you can see we are still far from that.

I can only tell you what I did and do. I bought a ton before november 2024, and now I DCA regardless of price every month.
Click to expand...
I hear you. I’d be more than happy if it hit $10 this cycle. I know no one knows, but… 🤷🏾‍♀️
 
You must log in or register to reply here.
Top