Official Cryptocurrency Thread: Skepticism to Speculation to FIGHT! FIGHT! FIGHT!

Discussion in 'The Mainboard' started by Nantucket, Jan 29, 2017.

  1. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    Gary v the woat
     
  2. Tug

    Tug Well-Known Member
    Donor
    Detroit LionsDetroit PistonsMichigan State Spartans

    Gary V is terrible and he’s one of those people that I don’t understand the amount of fans he has.
     
  3. Gallant Knight

    Donor
    Arkansas RazorbacksHouston AstrosRice OwlsAston Villa

    Chamath should be in prison.
     
  4. user15000

    user15000 Well-Known Member

    Yes. Crypto shitcoins are a way for a16z and other early stage venture investors to dump garbage on retail. Welcome to idk like 2017 and ICOs. People have been calling this out for literal years.
     
  5. Gallant Knight

    Donor
    Arkansas RazorbacksHouston AstrosRice OwlsAston Villa

    Bitcoin is different tho
     
  6. Penguin The Duck

    Penguin The Duck Well-Known Member / #NFT Influencer
    Donor
    Oklahoma State CowboysTexas RangersDallas MavericksDallas CowboysNashville Predators

    A lot of wasted energy on venture capitalists and influencers operating in this space

    It's almost like their greed and desire for making money are in both of their names and not mutually exclusive to crypto
     
  7. user15000

    user15000 Well-Known Member

    Just one time ask yourself why the US government regulates btc as a commodity and implies if not outright says that everything else is a security. If you ever figure that out, you might get why “yes” btc is different.
     
  8. DollarBillHokie

    DollarBillHokie Usher is the worst
    Donor
    Virginia Tech HokiesTiger Woods

    The government 100% does not regulate non Bitcoin coins as securities
     
  9. user15000

    user15000 Well-Known Member

    Oh that’s interesting. You should tell that to Gensler who has made countless comments to the contrary.
     
  10. Penguin The Duck

    Penguin The Duck Well-Known Member / #NFT Influencer
    Donor
    Oklahoma State CowboysTexas RangersDallas MavericksDallas CowboysNashville Predators

    I have no interest in solana but simple context says 2021 was a historic run and it would make sense for a VC, investor, or individual to take profits. It peaked around $250 at end of 2021. It’s around $11 now.

    Pretty sure people thought solana would be one of those eth killers
     
  11. user15000

    user15000 Well-Known Member

    This isn’t even hard to google. The SEC is doing a dogshit job enforcing its view, but Gensler plainly thinks most everything is an unregistered security. He won’t publicly comment on eth (read bt the lines) and only comments on btc.

    https://www.google.com/amp/s/www.protocol.com/amp/gensler-sec-crypto-securities-2658164486


    Speaking to a conference of attorneys, Gensler made clear his view that most crypto tokens are securities that fall under the SEC's jurisdiction. The SEC's oversight role "should not change just because the issuance and trading of certain securities is based on a new technology," he said.

    "Some in the crypto industry have called for greater 'guidance' with respect to crypto tokens," Gensler said. "Not liking the message isn’t the same thing as not receiving it."
     
  12. Bricktop the white

    Bricktop the white Well-Known Member


    Any company that needs to hire a consultant to tell it how to do its job is a company that probably should have failed long ago.
     
    slogan119 and Penguin The Duck like this.
  13. —

    Well-Known Member
    Donor

    You are thinking Main Street diner not multibillion dollar conglomerate that needs to extract more and more capital from their customers on a quarterly basis. Gotta think outside the box
     
  14. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor



    Libertarian deflationary ideology? Wonder where I've heard that before
     
  15. Wee Bey

    Wee Bey racially ambiguous
    Donor

    Could not possibly take anyone seriously who wastes their precious time on this earth listening to these fucks

    I'm at a total loss for what their appeal could possibly be
     
  16. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    Chamath and Sacks? Agreed
     
    bro likes this.
  17. Wee Bey

    Wee Bey racially ambiguous
    Donor

    Calacanis as well
     
    Harrison Beck and Lyrtch like this.
  18. Arrec Bardwin

    Arrec Bardwin La Araña Discoteca
    Donor
    Auburn TigersAtlanta BravesAtlanta FalconsChelseaAtlanta United

    Struggle not to punch my computer screen every time I see that clip.
     
    Wee Bey likes this.
  19. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

  20. Harrison Beck

    Harrison Beck Bailout Bro
    Donor
    Detroit LionsLiverpoolNebraska Cornhuskers alt

    Your thoughts?
     
  21. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    I think it's an interesting case for just barricading crypto away from the rest the economy and markets and how so far it's been successful
     
    BudKilmer likes this.
  22. Arrec Bardwin

    Arrec Bardwin La Araña Discoteca
    Donor
    Auburn TigersAtlanta BravesAtlanta FalconsChelseaAtlanta United

    I agree with this but add regulations for custodians as far as audits making sure digital assets are backed etc
     
  23. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    Maybe, but the more you do things like this the pressure for bailouts increases which imo is the goal of the crypto community
     
  24. Arliden

    Arliden Well-Known Member
    Donor

    So SBF is really going to speak at this NYT event on the 30th huh. That’s going to be spicy.

     
    PAHokie, BudKilmer and slogan119 like this.
  25. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    i personally think its good to get these idiots in public spaces as we wait pending litigating
     
    PAHokie, BudKilmer, Eamudo229 and 2 others like this.
  26. Harrison Beck

    Harrison Beck Bailout Bro
    Donor
    Detroit LionsLiverpoolNebraska Cornhuskers alt

    Can you expound on your thoughts here?
     
  27. Bert Handsome

    Bert Handsome I'm sorry, the card says Moops
    Donor TMB OG
    Notre Dame Fighting IrishMilwaukee Brewers altMilwaukee BucksGreen Bay PackersTiger Woods

    I think that they should at least have to follow the same rules as far as walls being in place between asset management and broker dealers. And FTX should not have been able to market themselves as an exchange. If you are holding customer funds you are not an exchange, you are a broker that also runs a liquidity pool.

    And, to say no one has been bailed out - is FTX Bear Stearns part of the cycle or are they Merrill Lynch/AIG? I don't think we would see anywhere near the same contagion if the world of crypto went up in smoke, but that's not to say that isn't possible down the road.
     
  28. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    The crypto community at large wants to embed itself within institutional banking so it benefits from federal protection once it reaches a large enough size and connection. It's not a coincidence how much crypto focused on said adoption over the past two years or why sbf and others got into lobbying
     
    Eamudo229 and Tug like this.
  29. Bert Handsome

    Bert Handsome I'm sorry, the card says Moops
    Donor TMB OG
    Notre Dame Fighting IrishMilwaukee Brewers altMilwaukee BucksGreen Bay PackersTiger Woods




    Other than that how was the play Mrs. Lincoln?
     
    bwi2 and dblplay1212 like this.
  30. Penguin The Duck

    Penguin The Duck Well-Known Member / #NFT Influencer
    Donor
    Oklahoma State CowboysTexas RangersDallas MavericksDallas CowboysNashville Predators

    an easily recognizable crypto community was just geofenced or banned from being able to stake their crypto in countries like the US that do not agree with this opinion of yours

    The crypto community “at large” wants the opposite of what you just said.
     
    Harrison Beck likes this.
  31. Redav

    Redav One big ocean
    Donor

    I think it's a goal to tie itself to the general wellness of the economy at large. No they would never say that out loud
     
    Tug likes this.
  32. user15000

    user15000 Well-Known Member

    The fucking absurd media coverage continues







     
  33. Bert Handsome

    Bert Handsome I'm sorry, the card says Moops
    Donor TMB OG
    Notre Dame Fighting IrishMilwaukee Brewers altMilwaukee BucksGreen Bay PackersTiger Woods

    New York Times must still be on retainer as their publicist
     
    user15000 likes this.
  34. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    I'm pretty confused about crypto people losing their mind at very generic reporting
     
    DollarBillHokie, Menelaus and Tug like this.
  35. Redav

    Redav One big ocean
    Donor

    Those are pretty vanilla headlines. I don't get it
     
    BudKilmer likes this.
  36. Arrec Bardwin

    Arrec Bardwin La Araña Discoteca
    Donor
    Auburn TigersAtlanta BravesAtlanta FalconsChelseaAtlanta United

    I’m pretty confused how you can call that “pretty generic” in light of what it looks like he’s done.
     
  37. Harrison Beck

    Harrison Beck Bailout Bro
    Donor
    Detroit LionsLiverpoolNebraska Cornhuskers alt

    Lol. Why are you being this dense?
     
  38. Redav

    Redav One big ocean
    Donor

    I guess I don't have crypto brain??? The reaction didn't match what I'm reading in the headlines at all
     
    LuPoor likes this.
  39. Redav

    Redav One big ocean
    Donor

    Like you must have zero regular exposure to legacy media outlets
     
  40. Penguin The Duck

    Penguin The Duck Well-Known Member / #NFT Influencer
    Donor
    Oklahoma State CowboysTexas RangersDallas MavericksDallas CowboysNashville Predators

    Another question left unanswered, but who exactly is losing their minds? Where are these crypto bros that are screaming for regulation

    I don't see it. Help!
     
    user15000 and Harrison Beck like this.
  41. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    Have y'all read the news before
     
    Menelaus likes this.
  42. Arrec Bardwin

    Arrec Bardwin La Araña Discoteca
    Donor
    Auburn TigersAtlanta BravesAtlanta FalconsChelseaAtlanta United

    Yes, usually they are wildly reactionary and quick to condemn people.
     
  43. Redav

    Redav One big ocean
    Donor

    Guess you've missed a half decade plus of doing far more friendly coverage of Donald Trump and people like Richard Spencer
     
    BudKilmer likes this.
  44. LuPoor

    LuPoor Cuddle with the homies watching Stand By Me
    Donor
    Tulsa Golden HurricaneOklahoma City ThunderTottenham HotspurSeattle Kraken

    Please cancel someone who actually deserves it, legacy media
     
    BudKilmer likes this.
  45. Harrison Beck

    Harrison Beck Bailout Bro
    Donor
    Detroit LionsLiverpoolNebraska Cornhuskers alt

    They want regulation and bail outs. And they will stop at nothing until they get it!
     
    Wee Bey and user15000 like this.
  46. Arrec Bardwin

    Arrec Bardwin La Araña Discoteca
    Donor
    Auburn TigersAtlanta BravesAtlanta FalconsChelseaAtlanta United

    If you look at NYT headlines, they quite often question if Trump is a criminal.

    They aren’t saying he was going to save the world.
     
  47. Penguin The Duck

    Penguin The Duck Well-Known Member / #NFT Influencer
    Donor
    Oklahoma State CowboysTexas RangersDallas MavericksDallas CowboysNashville Predators

    Crypto bros at this very moment per 3 posters on TMB

     
    Harrison Beck likes this.
  48. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    You clearly haven't because this never ever happens to rich and powerful people.
     
    Bo Pelinis, Menelaus and BudKilmer like this.
  49. Redav

    Redav One big ocean
    Donor

     
  50. Redav

    Redav One big ocean
    Donor