Other Coins - Price & Trading topic

This is critical and why I keep harping on it. Our biggest critics—when I say “our” I mean crypto—knock us for not having what they see as something intrinsic; a totally valid complaint. Now, they can STFU, because yeah you can fork SAFE or pick alts and all that but nobody can deny that we are hard money. We are in the big leagues now.

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There’s a guy on Twitter called PlanB. He reckons Bitcoin will reach $100 k by the end of 2021. His research sounds good, but what would I know

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I’m pretty sure it will be over $20k again. Could even be by the end of the year, but I’d say it is very likely to happen by the end of next year. There is just too much happening with Baakt, Fidelity, etc. I think the next bull run will be much more crazier than the last one, and that one was very crazy. If SAFE can launch before that happens it will be very interesting for the price.

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What’s going on with fidelity?
I knew they were going to offer investment in btc but then rapidly pulled the plug.

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No, they were offering a custodian service. A guy I know worked on coding it. I don’t know anything new though.

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If it could be put in an isa which I believe would have been possible it could have been huge, even without to be honest. Alot of ppl trust fidelity.

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A firm with nearly $2.5 trillion AUM will not bother with a tiny and highly volatile speculative market. The whole custodian thing was about pleasing the random customer who wanted to store their BTC safely, nothing more.

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the thing that makes a good custodian is they have some kind of deposit insurance. I don’t know of any exchange that currently does have this. The closest thing is like binance SAFU fund, but an in house “insurance” does not protect you from exit scams or larger thefts. That’s why when they exit scam investors are SOL. If the bank exit scammed it would be the insurance companies that are SOL having to cover the deposits that were made by customers.

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Sure the fed can print what the cryptospace took to built 10 years, within a week. Fun fact is that everybody holding fiat dollars can’t fork Repotoken, everybody is absolutely silent. In the cryptospace within a day we can fork something if we disagree. Maybe this should just be a clear sign to us, to tell everybody to remain absolutely silent if they don’t hold crypto and still try to come and regulate us. Next time you think we need guidance think about that…

Repotoken is #1 now, bitcoin deal with it

Hmmmmm maybe Tether could print $278 billion and… send it to a burn address to show all those people what they are working for… it wouldn’t be the first time Tether Mistakenly Prints $5 Billion – Trustnodes
:stuck_out_tongue:

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Fidelity’s thing was largely about secure storage. You put your BTC there, you know it stays there. Even if somebody comes at you with a wrench. So, they wouldn’t.

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ya true if you are like a crypto gagillionaire you prolly don’t just want all your gagillions on some wallet you have to protect personally. The freaking mafia will come to your house and make you send them the funds lol. You deff want someone else holding it that will just say sorry no not giving you the money.

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It’s more about leave and forget though. From what I heard, the target audience were people who were already customers and wanted to dabble in crypto for probably no more than curiosity. It wasn’t some great strategic move as crypto folks liked to assume :rofl:

BAKKT - example of what is expected from this platform and reality after first week.

Daily trades first week: 2 BTC.
Oct 19 trades first week: 619 BTC
Nov 19 trades first week: 6 BTC

The target was/(is) to have big volume of daily trades, while it is not popular.

https://cryptopurview.com/bakkt-bitcoin-volume-in-the-first-week-and-road-ahead/

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You guys should have a look at RVN, this thing is a beast for middle term trading :sunglasses:

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Poloniex is going to delist on Tuesday, October 15th, at 16:00 UTC:
Pascal (PASC), Steem (STEEM), Navcoin (NAV), GameCredits (GAME), LBRY Credits (LBC), and Clams (CLAM).

Good that MAID is SAFE.

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its in closing mode. You can only place orders that reduce your position and they are gradually reducing leverage. Not sure how far along they are with this as I have no margin position I can go check.

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Steem being delisted. Who would have thought that?

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In summer 2016, Steemit was a nice little goldmine though, even for newcomers.

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