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  1. johnarb

    MasterCard to Support Crypto Payments Sometime This Year

    Sorry I'm not as informed on Tether as others. Tether concerns have been around for years. I'll tell you from my experience, the Tether fud hurt me in the last bull market/bear market cycle (2017-2019) as I didn't utilize stablecoins as a safe haven due to my mistrust of Tether I didn't trust...
  2. johnarb

    Bitcoin Price Thread

    Hello Bitcoin btc $55K! A nice round number :D:cool::D
  3. johnarb

    MasterCard to Support Crypto Payments Sometime This Year

    A couple of things. 1. Bitcoin is not a fiat currency 2. Bitcoin is heavily regulated. All the exchanges and custodial platforms and investment funds that deal with bitcoin are regulated and licensed (i.e. Coinbase, Kraken, CME, Fidelity, Stone Ridge, Bakkt, PayPal, Square, Microstrategy...
  4. johnarb

    The Cryptocurrency Trading Journal

    No offense, but you keep moving the goal posts. Ethereum stablecoins are centralized, look into how they were able to freeze funds and revert back. At some point, you will need to deal with and trust centralized entities in order to redeem the value of your crypto investments. The key for me...
  5. johnarb

    DeFi - going bankless

    I think NFT's belong in this thread! It's decentralized finance holding assets on the blockchain verus traditional finance holding physical assets with a trusted entity I purchased 2 NFT's recently, spent about $9,500 for both (not 1, lol) The thing with NFT's is that they are not liquid. If I...
  6. johnarb

    The Cryptocurrency Trading Journal

    There are better crypto rails (solutions) for what you describe I believe this is what big institutional traders do now, when moving hundreds of millions of $ between exchanges and platforms, they use stable coins and may even use prime brokerage (i.e. BlockFi or Celsius) to finance them on...
  7. johnarb

    The Cryptocurrency Trading Journal

    Bitcoin transaction fees in satoshi terms have come down with Segwit and much more so with Lightning As you mentioned, for higher $ value transactions, the transaction fees are merely a nuisance at this time I'm on the camp of bitcoin as a SoV and not for spending on coffee (micro...
  8. johnarb

    Bitcoin Price Thread

    Hi Bitcoin btc $54K!
  9. johnarb

    BNB

    That's technically not how the yield rates are set. It is part of the equation due to supply and demand based on perceived risks Yields are determined by how much the supply is in relation to the amount of deposited coins in the platform. You can see this dynamic at play within a single Defi...
  10. johnarb

    Bitcoin Price Thread

    Like any investment, you sometimes have to sell. Same as if you invested in AAPL or AMZN 10 years ago and had to sell 5 years ago for whatever reason I've sold some bitcoins in the past and I don't regret them. I would have big regrets if I sold out of all my bitcoins, though and stayed out :D
  11. johnarb

    Bitcoin Price Thread

    Did you check the forum? Did you check the thread? I update every $1K price increase as it's an all time high indicator for bitcoin btc at $1K increments. SEC because I'm posting price updates on a forum and thread dedicated to bitcoin price? I don't need to update when it goes down $1K in...
  12. johnarb

    BNB

    I'm afraid there's no way to earn yields on cryptos stored in paper wallets In order to earn yields, your cryptos will have to be deposited on Cefi (i.e. BlockFi) or Defi (i.e AAVE) so they can be lent out for interest. Like a traditional bank in the old days. Nowadays, banks don't pay you any...
  13. johnarb

    Bitcoin Price Thread

    What do you mean?
  14. johnarb

    BNB

    and almost instant transactions. If you go to cakeswap and pull down the token list, you'll be surprised to see most (if not all) of the major ERC-20 tokens are listed. They are bep-20 versions. It's making it very easy for Defi projects on Eth to get cannibalized by Binance Smart chain I do...
  15. johnarb

    BNB

    I own (100+) Eth and it was my 2nd biggest pfolio core holding when I traded a small portion of Cel to trade for other coins. BNB and NEXO had surpassed Eth value in the pfolio due to organic price rise. As traders, we sell losers and buy winners. I'm not even following that mantra (not selling...
  16. johnarb

    Bitcoin Price Thread

    Good Morning, Bitcoin btc $53K! :)
  17. johnarb

    MasterCard to Support Crypto Payments Sometime This Year

    I'm going to assume you are open to a discussion. Let's say you have a bar of gold that weighs 1 kilo, quick google says it's worth $56,915, what gives it that value? If you say it has industrial uses, that would not be accurate since that bar of gold will probably stay in your safe and do...
  18. johnarb

    DeFi - going bankless

    I recommend Authy instead, you can have multiple devices (i.e. another phone or Android tablet, chromebook). So if you lose the phone, you have another device with all your 2FA setup Linux FTW! By the way, 2fa is not required on any account, but highly advisable, but yea, use Authy or google...
  19. johnarb

    BNB

    BNB Defi projects are on fire! https://elitetrader.com/et/threads/defi-going-bankless.349553/page-10#post-5327076 Started acquiring BNB on 2/12 in the low $130's, qty a little over 500 coins, acquired additional 556 BNB tokens on 2/16 when price was mid $120's, have a total of 1058 BNB's...
  20. johnarb

    BNB

    Coinbase IPO is being valued at $70B+ and could go $100B in this stock market environment Binance already had an IPO in the form of BNB :D I bought my share of the Binance BNB at about $125 each. Had to overcome my idiocy of not buying it at $1 in 2018 Binance of today is much different than...
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