Throw your dollars away - don't walk, run, to buy Bitcoin

Lets get to 20 and I'll move some of my BTC back into some offshores. A lot of you should be sitting on some nice profits after 5Dimes pulled out.
 

MrTop

EOG Master
bitcoin market cap 345 billion #13 --- crazy but i think it will go past amazon & microsoft like they are standing still


bigger than coca cola , mastercard
 

MrTop

EOG Master
bitcoin is down 1% last 3 years




the thing is now Financial crimes ( FinCen ) gave it a thumbs up for the banks to deal it..& hold custody of it... That was not the case before.. Paypal is also dealing it. More accepted.. what does the future hold ???
 
the bubble will pop like last time
Of course it will pop but first these bull runs set all time highs. There were bubbles in 2011, 2013, 2017 and hopefully we’ll get $100k here before it pops. Then after it pops when the next run happens in a few years it tops $500k. Don’t know if it will happen but that’s been the pattern.
 

MrTop

EOG Master
The Hottest Debate on Wall Street Is Buying Bitcoin Over Gold
Bitcoin has shot to a record just as billions of institutional dollars have fled gold.



Whether that’s a simple coincidence or the start of a rotation that would have a profound impact on crypto and the precious-metals market is impossible to know for sure. But the debate is now heating up on whether the world’s largest digital currency can one day rival bullion as an inflation hedge and portfolio diversifier.
 

MrTop

EOG Master
The new Diem, which has 27 participants today, has abandoned the 100-member goal by launch and is taking things more slowly. The group plans to issue a stablecoin -- a digital currency pegged to an outside asset -- that’s tied to the U.S. dollar. Later, Diem may pursue additional fiat-based cryptocurrencies, Levey said.
The Novi team is building a digital wallet that will eventually hold Diem coins, Levey said.

The Diem effort is waiting to be issued a license by Swiss regulators to launch, Levey said. Diem is also in talks with U.S. federal and state regulators, but isn’t waiting for any specific licenses or approvals from them, he said.




the digital dollar is finally on the way
 
The new Diem, which has 27 participants today, has abandoned the 100-member goal by launch and is taking things more slowly. The group plans to issue a stablecoin -- a digital currency pegged to an outside asset -- that’s tied to the U.S. dollar. Later, Diem may pursue additional fiat-based cryptocurrencies, Levey said.
The Novi team is building a digital wallet that will eventually hold Diem coins, Levey said.

The Diem effort is waiting to be issued a license by Swiss regulators to launch, Levey said. Diem is also in talks with U.S. federal and state regulators, but isn’t waiting for any specific licenses or approvals from them, he said.




the digital dollar is finally on the way

But this makes sense at the end of the day. I have a fair amount of BTC and ETH set aside, but they are investments. I want something that is stable as a currency to use for transactions. So hard to think of BTC as good sportsbook currency when I can make a lot more dollars for myself by just having it sit in an account than actually trying to win some wagers.
 

MrTop

EOG Master
But this makes sense at the end of the day. I have a fair amount of BTC and ETH set aside, but they are investments. I want something that is stable as a currency to use for transactions. So hard to think of BTC as good sportsbook currency when I can make a lot more dollars for myself by just having it sit in an account than actually trying to win some wagers.




agree the question is if " facebook Diem " block chain group Novi who runs it will they allow it at a book offshore when it hits the street in 2021 ?
 
The new Diem, which has 27 participants today, has abandoned the 100-member goal by launch and is taking things more slowly. The group plans to issue a stablecoin -- a digital currency pegged to an outside asset -- that’s tied to the U.S. dollar. Later, Diem may pursue additional fiat-based cryptocurrencies, Levey said.
The Novi team is building a digital wallet that will eventually hold Diem coins, Levey said.

The Diem effort is waiting to be issued a license by Swiss regulators to launch, Levey said. Diem is also in talks with U.S. federal and state regulators, but isn’t waiting for any specific licenses or approvals from them, he said.




the digital dollar is finally on the way
Tether is the first tied to the US dollar. It trades as USDT on exchanges. If you think the market will tank, just let it sit as USDT.
 
Betcoin has a USDT sportsbook. If you are in the US, don't sign up for Betcoin. If you currently have a Betcoin account, then you are fine but they aren't accepting new signups from the US.
 
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