U.K. Regulator Warns Crypto Investors Risk Losing ‘All Their Money’

[scalpi]

Pictures?? Since @longshort fails to deliver: could you explain what "real value" means?

I am a Trader/Scalper , and I could explain , but that is to difficult for me in foreign language..

The actual short in YM is running ...

John Law of Lauringstan was the first one who developped a currency.
A little before the french revolution ...

Read the book (also very interesting for any trader) "Das grosse Spiel" (the big game) by Claude Cueni and you know the difference

 

[scalpi]

in english the book is called "the great gambler" by Claude Cueni

 

[MrMuppet]

I am a Trader/Scalper , and I could explain , but that is to difficult for me in foreign language..

The actual short in YM is running ...

John Law of Lauringstan was the first one who developped a currency.
A little before the french revolution ...

Read the book (also very interesting for any trader) "Das grosse Spiel" (the big game) by Claude Cueni and you know the difference

Lol, what the hell? Is the castle in the air you guys base your theories on really so difficult that you cannot explain it in a few sentences. John Law did not invent a currency, he invented bearer money...big difference

 

[scalpi]

the castle in the air is BITCOIN, nothing else !

 

[ZBZB]

Why are stable coins denominated in dollars then? With the peg maintained, aren't they losing the same as the dollar?

Oh my bad, I made sense. Sorry for that.

What peg?

 

[longshort]

However, you still did not explain...

If you say so. Seems you already moved your goalposts to the sky.

So is a visa card but that can be blocked.

It's not. Visa card is a claim on fiat money which pays taxes and legally discharges debt. A crypto token as in BTC etc. doesn't do anything.

 

[ZBZB]

If you say so. Seems you already moved your goalposts to the sky.


It's not. Visa card is a claim on fiat money which pays taxes and legally discharges debt. A crypto token as in BTC etc. doesn't do anything.

Bitcoin cannot be censored, is a store of value and has a better cheaper payments network than swift.

 

[Nobert]

Average BTC user :
Friend of mine, hiding/stuck with 5 numbers (or even 6) of untaxed/dirty cash, looking for a away to wash it.

He, asked, - would you invest for me ?
Replied : only if it's a transaction from you to me, via bank transfer.

No reply.

Man wants to preorder TSLA Cybertruck.
Better off with Tesla long, since the last crypto euphoria.

But all of this proves one thing -
Global entertainment market ~$1T
Media 12% of that.
(Including all kinds of blogers/youtubers that are so easy to buy out)

So e.g, Bezos alone can buy out a third of that, multiple times and a random sheep on street corner, will speak about anything he wants.

Difference tho, behind this, there's not one, but multiple pro boyz, with their derivatives & etc., and ofcourse -
,,legit sources of information".

 

[They]

It's poor, yes, but far more stable than any crypto as of the moment. IF cryptos become widely used and stable, I'm all for them. Thing is, I don't see this happening, it's always from one crisis to another.

While the U.K. is preventing it's citizens from crypto-bank transactions, the U.S. is doing the opposite (specifically - stablecoins)

https://www.occ.treas.gov/news-issuances/news-releases/2021/nr-occ-2021-2.html

Some people have their money in the stock market and do not earn 10% a year and suffer through regular 30% to 50% gyrations. The economy is changing, digital currencies are the future including CBDC. Nowadays you can invest in a stablecoin, that is held with Fidelity, and receive 10% APY with only the risk of U.S. dollar exposure itself.

https://celsius.network/earn-rewards-on-your-crypto/

 

[gkishot]

Sounds like a buy signal to me.