Coinbase approached the SEC about offering a 4% yield product.
They received no clarity. Instead they received the threat of litigation.
Meanwhile, Celsius, Voyager and BlockFi were allowed to offer 10%+ interest products while gambling with user funds.
Good job, Gary.
TESLA JUST CALLED ME ABOUT MY CAR.
It will come "sometime in quarter 4" and will cost 10K more. A "slight price adjustment."
LOL.
Can't make this shit up.
Iβm so glad that Gary Gensler and the SEC retroactively βprotectedβ consumers by punishing Kim Kardashian for an Instagram story while actively working with FTX to give their criminal enterprise a monopoly in the US.
I feel safer, how about you?
I have diligently analyzed thousands of charts, spent my 10K hours to become a "master" and learned almost every technical analysis technique in the book.
This is enough for me to be able to convincingly state that none of us really know what the fuck is going to happen.
Proposing a tax on unrealized capital gains is insane.
Imagine paying taxes on something you havenβt sold just to see it go down afterwards.
I assume that means we can write off unrealized losses, right? Right!?
Iβm not much for conspiracy theory, but aggressive selling into El Salvador making
#Bitcoin
legal tender when the World Bank et al have already expressed discontent about the decision is not purely coincidental.
I genuinely don't care if
#Bitcoin
goes to 20K from here. I am buying more now and will continue to do so if it drops because I believe that it will eventually go to 100K and WAY beyond.
The bear market is officially over. $BTC made it's first higher high ($25,212) since the all time high . That confirms a new bullish trend. Price can still go down, but that would be a new trend, not a continuation of the previous bear market. Congrats everyone.
I bought $BTC publicly at 9k in 2020 as a long term investment. Price went below 4k. Bought there too. I endured an endless onslaught of insults.
Price eventually went much higher than 9k.
Didnβt receive any fruit baskets or apology cards.
Zoom out and chill.
Funny, I thought Bitcoin was supposed to go up whenever they admit that inflation is bad, but instead people dump it because they are afraid the Fed will actually try to deal with inflation, proving once again that humans are dumb af.
The average 30 year fixed rate mortgage in Florida is 8.049%.
Thereβs a reason house prices havenβt crashed.
1. Buyers canβt afford the rates
2. Sellers would be insane to sell a home with a significantly lower rate to buy another at 8%.
Market is frozen.
#Bitcoin
has erased the entire move that resulted from Teslaβs 1.5B purchases, which means we are obligated to stop talking about Elon Musk after this tweet.
I will break this agreement at some point today, letβs be honest.
Time to boycott
@Vanguard_Group
.
Imagine blocking individuals from investing in assets they want exposure to that are regulated
and publicly traded.
Letβs get
#BoycottVanguard
trending.
*VANGUARD SAYS IT HAS NO PLANS TO OFFER BITCOIN ETFS OR CRYPTO PRODUCTS; SPOKESPERSON SAYS 'HIGH VOLATILITY RUNS COUNTER TO OUR GOAL OF HELPING INVESTORS GENERATE POSITIVE REAL RETURNS OVER THE LONG TERM' - THE BLOCK PRO
Money does not change a person, it amplifies their existing personality.
If you're a douche bag, you become a bigger douche bag.
If you're kind, you become more giving and generous.
You average Netflix investor (recently Facebook) saw 25% of their position erased in a matter of minutes, after hours when the market was closed and they were unable to react.
Bitcoin has basically never dropped 25% in a few minutes, and retail ALWAYS has access to the market.
Chinese lawmakers are LITERALLY INVITING AMERICAN CRYPTO COMPANIES to operate in China, where crypto has been "banned."
Why?
Because they see an opportunity to capitalize on the mistakes of the US.
Absolutely insane.
The US is becoming China.
People keep commenting that I hate Elon Musk.
Could not be further from the truth.
I think heβs the most brilliant mind of our generation and Iβm a huge fan.
I just think heβs wrong about this.
This is it. This is our moment.
American and crypto hero
@JohnEDeaton1
is running AGAINST
@SenWarren
for her Senate seat in Massachusetts.
She is the final boss for the crypto industry. John must win. America needs him. Our industry needs him.
Retweet, share, support!
If you started dollar cost averaging into
#Bitcoin
roughly at the dead top of the last cycle ($69,000), buying $100 a week, then you have spent $10,000 and your position is worth $13,431.32.
You are up 34.31%.
If you started at the DEAD TOP.
Bitcoin spends very little time atβ¦
You're not all going to be billionaires.
You're not all going to be millionaires.
You're not all going to be even be rich.
That shit is clickbait.
But every one of you has the opportunity to improve your current situation through crypto. And that's what truly matters.
We cheered Gensler when he became SEC Chairman because he taught about Bitcoin and blockchain at MIT.
Turns out, heβs never even owned it.
This guy is a sham.
Coinbase is going to absolutely annihilate the SEC and Gary Gensler will be looked back upon as the worst commissioner of all time.
And all will be well.