- 2000 to 3000 of Cryptos. Basically copies of Bitcoin code. Unlimited supply. More supply of cryptos than fiat. More coming
- Each crypto must have a lot of miners for distributed ledger to have any meaning at all.
- Cost of mining keeps increasing and miners must be rewarded else they will not mine. That would means no transaction
- Crypto can be banned anytime because let us face it, it's perfect for money laundering. Good for mafia also for moving money around. Murder someone in Moscow and move the money via bitcoin to London (city that welcomes blood money).
i can go on but bitcoin crowd can't be stopped.
Disclaimer : I do trade on the long side using GBTC but consider it a hot potato and immediately toss it
Thanks ! And you are right about the stimulus checks and how they are being spent on junk and stuff ! People get the checks, buy junk and stuff, and then beg someone to help them out until they get another stimulus check. Excuse my language but it pisses me off!
And people are living in huge houses and are behind their mortgage payments, and vehicle loan payments.
what about the NFT bubble? I would say this stock is highly speculative as are NFT's. I would not want to hold this longer than a few months without completely watching the company daily for news and earnings.
Gregory, can you please take some time and explain the relationship between the US Federal Reserve and the Bank of International Settlements (AKA BIS) from a standpoint of inter central bank swap arrangements. Thanks!
Who is mining it ? I can make blockchain of anything but if 2 people mining it then it defeats the distributed ledger meaning. Also if someone mines it, what rewards do they get ? In case bitcoin, they get bitcoin
UGH... Greg why don't you recommend Tulips while you at it.
Cryptos:
- 2000 to 3000 of Cryptos. Basically copies of Bitcoin code. Unlimited supply. More supply of cryptos than fiat. More coming
- Each crypto must have a lot of miners for distributed ledger to have any meaning at all.
- Cost of mining keeps increasing and miners must be rewarded else they will not mine. That would means no transaction
- Crypto can be banned anytime because let us face it, it's perfect for money laundering. Good for mafia also for moving money around. Murder someone in Moscow and move the money via bitcoin to London (city that welcomes blood money).
i can go on but bitcoin crowd can't be stopped.
Disclaimer : I do trade on the long side using GBTC but consider it a hot potato and immediately toss it
Greg you just pump the clguf trade. I bought 20000 shares at 1.69 and sold at 1.86. love you greg
Damn, I can only buy CNI.CN on my brokers
Thanks ! And you are right about the stimulus checks and how they are being spent on junk and stuff ! People get the checks, buy junk and stuff, and then beg someone to help them out until they get another stimulus check. Excuse my language but it pisses me off!
And people are living in huge houses and are behind their mortgage payments, and vehicle loan payments.
Ill pick up a few shares...
Hi Greg I got in and bought some shares after I did some research in the company
Crypto Banned by Turkey. This is just the start
what about the NFT bubble? I would say this stock is highly speculative as are NFT's. I would not want to hold this longer than a few months without completely watching the company daily for news and earnings.
Gregory, can you please take some time and explain the relationship between the US Federal Reserve and the Bank of International Settlements (AKA BIS) from a standpoint of inter central bank swap arrangements. Thanks!
Take Profit in Dow Call1 // + 49,3 %
And people who got Pfizer Injections are now probably going to need third injection. Who knew?!
they think they need. their problem.
Should I purchase ?
Am not interested in trading Pfizer.
I was tempted
Me too! I think I will.
I need to do more research on this one first.
Check the price on it maybe.
Sounds like a long term plan .
why, what's the latest news?
Idk I just read about it
The Hill
It’s long term.
I bought a couple hundred bucks worth just for funsies. I've been burnt by buying penny stocks before, but should be fun!
Looks like whoever bought drove the price up 😀
im up 5% already lol
Who is mining it ? I can make blockchain of anything but if 2 people mining it then it defeats the distributed ledger meaning. Also if someone mines it, what rewards do they get ? In case bitcoin, they get bitcoin
No comments and that tells me no one knows what they are buying
Correct, good comment.
I had a extra 20 bucks so I sent it