Getbig Main Boards > Gossip & Opinions
Bitcoins - about to hit $5,000 per coin today!
Mayday:
--- Quote from: gib on June 02, 2023, 11:46:15 PM ---Interesting observation how when BTC price becomes stable, less people seem interested in discussing it here.
Well, that stability may be about to end, with an upward trend again about to emerge. We have the halfing approaching in less than a year, and we have China suddenly opening up the fiat floodgates via banks in Hong Kong, making was for Billions to flow into Bitcoin. Strategically quite smart to take advantage of the regulatory confusion in the US. Next 12 months could be very interesting and make the current price at below 30K seem like an absolute bargain...
--- End quote ---
Entries and exits are a long time apart. I bought back at 17.5k and had to wait about 9 months to sell. Almost a year of waiting.
Similar to now, Probably nothing until Q4. Then 2024. A 2.5x-3x return on Bitcoin from here would be a very nice return.
obsidian:
--- Quote from: gib on June 07, 2023, 04:51:02 PM ---Both Binance and Coinbase are selling Eth and other shitcoins and unregistered securities. The message here is clear. Sell unregistered securities and you are fucked...
--- End quote ---
You'll notice the SEC did not mention Ethereum but focused on Cardano, Solana etc.
Ethereum thus far has not been classified as a security and courts will have to decide that, should Mr. Gensler opt to go that route. He can only sue. He is powerless to do anything but that. Hopefully, his ass will be long gone soon. The SEC should be dissolved along with the FBI and CIA. They are just a nuisance and harassing citizens. Nobody wants them.
My opinion is Ethereum is not a security and that's that.
obsidian:
--- Quote from: Flexacon on June 07, 2023, 02:22:01 PM ---
Probably just ends in fines. Binance is where shit is looking like hitting the fan.
None of the current news stories has much to do with Bitcoin as a protocol. Price dumping is an opportunity. Needs to dump a lot more before I'm interested though.
--- End quote ---
Gensler is probably pissed off that CZ did not help out his buddy SBF at FTX which made him look bad since he was meeting with SBF so often. Now they are trying to incite a bank run on Binance by scaring people with the effort to freeze Binance.US' assets. I guess Gensler never read the job description where it says his task would be to protect investors. He and the SEC have been doing everything but protect investors.
Flexacon:
--- Quote from: obsidian on June 08, 2023, 03:14:06 AM ---Gensler is probably pissed off that CZ did not help out his buddy SBF at FTX which made him look bad since he was meeting with SBF so often. Now they are trying to incite a bank run on Binance by scaring people with the effort to freeze Binance.US' assets. I guess Gensler never read the job description where it says his task would be to protect investors. He and the SEC have been doing everything but protect investors.
--- End quote ---
Binance have put this out. Gensler approached them for an advisory position before he got the SEC job.
Brutal if true!
Mayday:
SEC laying the smack down.
Robinhood delisting a bunch of tokens and liquidating the positions in June.
Bloodbath hasn’t started 🩸
BTC dominance trying to launch above the top level. no doubt it’ll break above soon enough.
Gib should be gloating this next 1-2 months! Gib! Now is your time to shine!
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