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Bitwise is dumping XRP. Grayscale and big exchanges are likely to follow suit.

U long XRP?

They just did.

It's an unregistered security. They got what they deserved

Oh damn, I will never forget this one: I just finished Charles Cottles "The Hidden Reality", thought I understood everything and got cocky. I've traded futures and spreads until then and had a little experience with derivatives math. In the beginning of SEP 2009 I loaded the boat with call...

hey look...a chart of the EURJPY since Euro inception. and here is the USDJPY long term: they all seem to end up where they were. So it looks like the all other central banks as well as holders of US treasuries can kick back and relax because nothing ever changes. You mean the competitive...

I'm not 100% sure about this to be honest. Scholz already said (amongst others) that they won't ever hand over the power over monetary policy to private companies. In Germany regulation is strong for crypto. So until MICA defines the do's and don'ts of stablecoins which are more or less mini -...

The bank is real, they're really one of the oldest in Europe. German private banks are pretty far ahead when it comes to crypto adaption. On the flipside, I would not want to invest into anything stable coin related right now before MICA comes out...competing against central banks?? Not very...

You dare me? Don't post when you're drunk, scrub! I don't care if you want to gamble your money away based on colored lines...

What do you mean by classic? That it doesn't make money?

really, dude? :D Do you know that you can divide one Bitcoin to the 8th decimal place, so if you want to buy 2$ worth of BTC you can do that. Don't call others noobs when you don't know anything yourself

what are they gonna do about it? EZB decissions are a tedious process. When the FED wants to print, they just print.

*sigh* chart voodoo...classic ET :D

How about you just buy actual Bitcoin?? That's the only way to trade Bitcoin that's reasonably priced. GBTC has a ~30% premium over spot...and you can't even short it.

it goes straigt down...where is the second bottom??

The USD is going to shits especially after that insane liquidity injection...and everybody knows it. The US has a history of devaluating it's own currency to deflate their debt at a higher rate than other countries because...well, they can. Japan is already talking about defending USDJPY level...

You can thank IBKR! GBTC is an ETN and trades at the pinks. The ridiculous premium turns it into a product that mimics the long end of the forward curve. It's definitely not suited for retailers who don't understand all the mechanisms behind it.

Next time read the text properly before you write a wall of text. 900m is only for production of notes and coins. It doesn't include the energy consumption of the workforce, the transportation, the computing power necesary to run all these decentralized databases, water consumption and heating...

I'm using it all the time, especially for SaaS from Eastern Europe. Credit cards are way too expensive. BTC is the way to go.

Hey Muppet! How much energy do you think is necessary to run the USD currency system? The FED is spending ~900M USD in 2020 (https://www.federalreserve.gov/faqs/currency_12771.htm) just to print currency and coins. Not counting all the office rooms, the 6.3m people working in this industry and...