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I have Uncle Intel On CRYTPO

 
Anonymous Coward
User ID: 20473958
United States
02/22/2021 10:17 AM
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Re: I have Uncle Intel On CRYTPO
this is the main reason i stayed out of cryptos. i knew this day would come
 Quoting: mr dull socks


Shouldn't have stayed out should have:
Bought Cryptos
Held for medium term
Sold Cryptos for 1000% min profit
Convert to USD
Take profits and buy hard assets (Food, Generator, Supplies, Guns/Ammo, Silver, Property, etc...
 Quoting: Follower of Jesus


don't forget land

buy land
Anonymous Coward
User ID: 80076762
02/22/2021 10:17 AM
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Re: I have Uncle Intel On CRYTPO
yep dont ban it yet ruin it
lol people thought they could take down the central banks and the big commercial banks

you will need to go to much more discreet coins to bypass the system is my guess, monero?
 Quoting: Anonymous Coward 77181668


XMR doesn't work.

[link to www.wired.com (secure)]

The Dark Web’s Favorite Currency Is Less Untraceable Than It Seems
Anonymous Coward
User ID: 72853302
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02/22/2021 10:20 AM
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Re: I have Uncle Intel On CRYTPO
Than the government will continue to force those to hold btc, therefore fulfilling its prophecy. In the 1500s a man named Gresham made an observation about economics. Greshams law states "bad money drives out good". Meaning, people will use the inflated shiddy fiat money for everyday transactions and tend to horde the actual stuff for themselves. If they are going to make it more difficult to transactions, they'll force us to hodl.

There is nothing they can do to stop btc. It is the black hole of stored encrypted energy which will consume the world's balance sheets.
mr dull socks

User ID: 80043323
United States
02/22/2021 10:22 AM

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Re: I have Uncle Intel On CRYTPO
...


keep telling yourself that.
 Quoting: mr dull socks


lol

loser cope

you know nothing

this world is going blockchain
 Quoting: Dr. Feels


i own cryptos you fool. i mine bitcoin. but i know nothing. hahahahahahaha.
 Quoting: mr dull socks


apparently, i mean i didn't write the dummy coming from your posts.
 Quoting: Dr. Feels


i have forgotten more about blockchain then you have ever known.

Last Edited by mr dull socks on 02/22/2021 10:22 AM
Anonymous Coward
User ID: 79886744
United States
02/22/2021 10:23 AM
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Re: I have Uncle Intel On CRYTPO
When governments get their hands into something the price usually goes up, not down.
mr dull socks

User ID: 80043323
United States
02/22/2021 10:24 AM

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Re: I have Uncle Intel On CRYTPO
yep dont ban it yet ruin it
lol people thought they could take down the central banks and the big commercial banks

you will need to go to much more discreet coins to bypass the system is my guess, monero?
 Quoting: Anonymous Coward 77181668


XMR doesn't work.

[link to www.wired.com (secure)]

The Dark Web’s Favorite Currency Is Less Untraceable Than It Seems
 Quoting: Anonymous Coward 80076762


no one remembers when the fed "confiscated" all that bitcoin when they took down the silk road...

how do you confiscate bitcoin unless you have the keys?

it isnt secure, it has never been secure. you are all getting played.

Last Edited by mr dull socks on 02/22/2021 10:26 AM
mr dull socks

User ID: 80043323
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02/22/2021 10:24 AM

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Re: I have Uncle Intel On CRYTPO
When governments get their hands into something the price usually goes up, not down.
 Quoting: Anonymous Coward 79886744


now do the dollar
Anonymous Coward
User ID: 79173326
United States
02/22/2021 10:26 AM
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Re: I have Uncle Intel On CRYTPO
what are you talking about? crypto is already regulated in the US. and we pay taxes on it. all official.
Anonymous Coward
User ID: 77287674
Canada
02/22/2021 10:26 AM
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Re: I have Uncle Intel On CRYTPO
So OP why is PayPal, Visa, MasterCard, along with other major banks, institutions and governments all getting on the crypto train?

Right now they're trying to knock the price down so they can scoop up more

Blockchain isn't going anywhere, TPTB want it as much as anyone

Tell your uncle I said
bsflag
mr dull socks

User ID: 80043323
United States
02/22/2021 10:28 AM

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Re: I have Uncle Intel On CRYTPO
So OP why is PayPal, Visa, MasterCard, along with other major banks, institutions and governments all getting on the crypto train?

Right now they're trying to knock the price down so they can scoop up more

Blockchain isn't going anywhere, TPTB want it as much as anyone

Tell your uncle I said
bsflag
 Quoting: Anonymous Coward 77287674


TPTB are driving everyone into cryptos because they dont want you to buy any of their gold and silver. it is so obvious, but you idiots are blinded by the shiny new object

Last Edited by mr dull socks on 02/22/2021 10:29 AM
Anonymous Coward
User ID: 71943274
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02/22/2021 10:28 AM
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Re: I have Uncle Intel On CRYTPO
Not going to happen.

They'll try. But its the end for fiat and no amount of deck-chair-rearranging is going to change that.
 Quoting: Anonymous Coward 80076762

sockpuppet
The artificials of babylon had their fun and now what is organic and real will - it astonishes me more everyday what people have turned into in 4 generations.
"Send the planes; exterminate the phonys"
Herr Decider

User ID: 80077240
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02/22/2021 10:31 AM
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Re: I have Uncle Intel On CRYTPO
this is the main reason i stayed out of cryptos. i knew this day would come
 Quoting: mr dull socks


ditto

though the temptation was strong
Herr Decider - She loves me, I decide
Anonymous Coward
User ID: 71943274
United States
02/22/2021 10:31 AM
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Re: I have Uncle Intel On CRYTPO
So OP why is PayPal, Visa, MasterCard, along with other major banks, institutions and governments all getting on the crypto train?

Right now they're trying to knock the price down so they can scoop up more

Blockchain isn't going anywhere, TPTB want it as much as anyone

Tell your uncle I said
bsflag
 Quoting: Anonymous Coward 77287674


TPTB are driving everyone into cryptos because they dont want you to buy any of their gold and silver. it is so obvious, but you idiots are blinded by the shiny new object
 Quoting: mr dull socks

Then shouldn't they be in a monkey trap?

It was conning and a gambling pyramid all along.
mr dull socks

User ID: 80043323
United States
02/22/2021 10:34 AM

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Re: I have Uncle Intel On CRYTPO
So OP why is PayPal, Visa, MasterCard, along with other major banks, institutions and governments all getting on the crypto train?

Right now they're trying to knock the price down so they can scoop up more

Blockchain isn't going anywhere, TPTB want it as much as anyone

Tell your uncle I said
bsflag
 Quoting: Anonymous Coward 77287674


TPTB are driving everyone into cryptos because they dont want you to buy any of their gold and silver. it is so obvious, but you idiots are blinded by the shiny new object
 Quoting: mr dull socks

Then shouldn't they be in a monkey trap?

It was conning and a gambling pyramid all along.
 Quoting: Anonymous Coward 71943274


spend money to make MORE money. it is that simple. the gains they will realize when they pull the plug will DWARF potential gains in cryptos.

you need silver to make computers. if no silver is available what happen to the price? you need computers to use cryptos. those who hold the silver own the cryptos by proxy.
Fhirinne

User ID: 79463692
United Kingdom
02/22/2021 10:34 AM
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Re: I have Uncle Intel On CRYTPO
So OP why is PayPal, Visa, MasterCard, along with other major banks, institutions and governments all getting on the crypto train?

Right now they're trying to knock the price down so they can scoop up more

Blockchain isn't going anywhere, TPTB want it as much as anyone

Tell your uncle I said
bsflag
 Quoting: Anonymous Coward 77287674


TPTB are driving everyone into cryptos because they dont want you to buy any of their gold and silver. it is so obvious, but you idiots are blinded by the shiny new object
 Quoting: mr dull socks


I'm glad I'm not the only one who see's this. Its a bit concerning how they are herding everyone into BTC and crypto.

Letting us get rich somehow don't make sense really.
You are the CEO of your own wellness. You need to take back your health from the disease-care system
Anonymous Coward
User ID: 71943274
United States
02/22/2021 10:34 AM
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Re: I have Uncle Intel On CRYTPO
So OP why is PayPal, Visa, MasterCard, along with other major banks, institutions and governments all getting on the crypto train?

Right now they're trying to knock the price down so they can scoop up more

Blockchain isn't going anywhere, TPTB want it as much as anyone

Tell your uncle I said
bsflag
 Quoting: Anonymous Coward 77287674

Just keep mining. Its beyond talking now.
Anonymous Coward
User ID: 75810200
United States
02/22/2021 10:35 AM
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Re: I have Uncle Intel On CRYTPO
The worst that could happen is it would turn the US into a crypto-pariah while the rest of the world continues advancing and growing financial freedom.

And people who already have earned their financial freedom will not accept to be sent back under govt thumb. Cryptos pulled a checkmate in 2009. You just don't know it yet.
 Quoting: Anonymous Coward 80076762


clappadicaprio-agree
Anonymous Coward
User ID: 71943274
United States
02/22/2021 10:37 AM
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Re: I have Uncle Intel On CRYTPO
Than the government will continue to force those to hold btc, therefore fulfilling its prophecy. In the 1500s a man named Gresham made an observation about economics. Greshams law states "bad money drives out good". Meaning, people will use the inflated shiddy fiat money for everyday transactions and tend to horde the actual stuff for themselves. If they are going to make it more difficult to transactions, they'll force us to hodl.

There is nothing they can do to stop btc. It is the black hole of stored encrypted energy which will consume the world's balance sheets.
 Quoting: Anonymous Coward 72853302

You are a bunch of delinquent weirdo thieves? They will take all the money and if any of you want to jump out windows, no one will stop you.
You got this squirrely idea that a bunch of half ghey women were going to fleece the world. It has been clown shoes all along.
Anonymous Coward
User ID: 77368619
United States
02/22/2021 10:39 AM
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Re: I have Uncle Intel On CRYTPO
Not going to happen.

They'll try. But its the end for fiat and no amount of deck-chair-rearranging is going to change that.
 Quoting: Anonymous Coward 80076762


They PLAN to end FIAT and go to a
PLANETARY DIGITAL SYSTEM, that THEY
will control from A to Z.

You will carry your "ID" in you and
on you, and all transactions will be
digital and monitored.

Bitcoin and others created by the CIA were
just "trial runs" to shake out the bugs.

There WILL be a New World Order
a Global Government
a Global Economy

a ONE WORLD "RELIGION"

READ the Book of Revelation.

ALL of the puzzle pieces are ALMOST in place.
Anonymous Coward
User ID: 71943274
United States
02/22/2021 10:40 AM
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Re: I have Uncle Intel On CRYTPO
The worst that could happen is it would turn the US into a crypto-pariah while the rest of the world continues advancing and growing financial freedom.

And people who already have earned their financial freedom will not accept to be sent back under govt thumb. Cryptos pulled a checkmate in 2009. You just don't know it yet.
 Quoting: Anonymous Coward 80076762


clappadicaprio-agree
 Quoting: Anonymous Coward 75810200


So brave, marchin and singin.....it is bizarre. The addiction to tv screens of power
epiclol
I guess the govt is a turd munger because its what they ended in piles of.
Anonymous Coward
User ID: 76510871
United States
02/22/2021 10:41 AM
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Re: I have Uncle Intel On CRYTPO
this is the main reason i stayed out of cryptos. i knew this day would come
 Quoting: mr dull socks


Yeah right as we all got rich as hell ha ha Ha.
Zalinsky

User ID: 45481864
United States
02/22/2021 10:42 AM

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Re: I have Uncle Intel On CRYTPO
All I know is that USG has thrown people in jail for even considering the creation of a gold-backed competitive currency.

Two things gives the USG power: the US military and USD as a monopolistic global reserve currency.

I love the libertarian dreams of the crypto bulls, but if you think the USG is going to just going to stand by and let BTC upend the its USD monopoly, you are delusional.

They don't actually care much about BTC as a speculative instrument, but when they start hearing analysts suggesting the CFOs should replace USD on their balance sheet with BTC, it perks their ears. They will now use every device of government that is required to crush that idea.

Microstrategy and Tesla will both be puking out their BTC positions before the end of the year.

Last Edited by Zalinsky on 02/22/2021 10:44 AM
Anonymous Coward
User ID: 76509910
United States
02/22/2021 10:43 AM
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Re: I have Uncle Intel On CRYTPO
Haha...crypttards day has come to pay tax on all the profits they turned thus far. As soon as they report one transaction, exactly what they own in crypto will have to be reported or it will be guesstimated by IRS and they will end up owing millions in taxes by fines for not reporting income and from tax period
Anonymous Coward
User ID: 80076762
02/22/2021 10:43 AM
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Re: I have Uncle Intel On CRYTPO
yep dont ban it yet ruin it
lol people thought they could take down the central banks and the big commercial banks

you will need to go to much more discreet coins to bypass the system is my guess, monero?
 Quoting: Anonymous Coward 77181668


XMR doesn't work.

[link to www.wired.com (secure)]

The Dark Web’s Favorite Currency Is Less Untraceable Than It Seems
 Quoting: Anonymous Coward 80076762


no one remembers when the fed "confiscated" all that bitcoin when they took down the silk road...

how do you confiscate bitcoin unless you have the keys?

it isnt secure, it has never been secure. you are all getting played.
 Quoting: mr dull socks


They had access to the physical devices. You're clearly trying to scare people away from using something that will help them. You're scum.
1guynAz

User ID: 78987609
United States
02/22/2021 10:45 AM

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Re: I have Uncle Intel On CRYTPO
Buddy just called me from DC. He works for a compliance firm that is also fairly big in the world of financial legislation and lobbying. This guy is sharp. An MBA, numerous licenses. I trust him and we have been friends over 20 years. If he is ever allowed to talk about something, we talk. We talked this am about crypto.

Here is the rumors going around of some new regulations set to hit within the coming months:

1)Crypto Currency will be regulated by current amendable banking regulations. It won't be a control move at the exchanges themselves but rather the on and off ramps of those.

2)Any business wishing to have a SWIFT bank account will be required to instantly settle any and all crypto transactions PRE CLOSE for any transaction over $500.00. Basically meaning, if you want to buy something from me with bitcoin, I have to upon receipt instantly settle that in USD. This will essentially make crypto a more cumbersome payment system. Not an easier one. Also does not allow a business to stockpile crypto. Sure they can re buy it after the convert to USD. But then additional fees etc. We will get to that.

3)No anonymous transactions. Any item / transaction with crypto will require ID verification. They are talking literally scanned drivers licenses etc. For all transactions. Think about the headache. Failure to do so by either party will be met with steep fines, prison, etc.

4)There will be a transactional tax implanted of x percent on all crypto transactions due quarterly to the IRS. If you take 100k in crypto you will owe X percent to the IRS as a business quarterly. On top of and in addition to normal quarterly estimated taxes etc. Its unclear whether its DUE at the quarter or will be an estimated tax and then a final settlement at year end. This means most businesses instantly make LESS when selling something for BTC/Crypto.

5)Per transaction trading fees of x% on all crypto trades in addition to normal standard capital gains taxes. The rates are being discussed are 2-3%. Making scalping crypto nearly an impossible trading process.

6)This will initially be done with current regulations being amended but talk of an all inclusive new bill. Think something like the Patriot Act 2.0. Heavy fines, prison time, and penalties. The goal is to make it very difficult and cumbersome for any legitimate business to wish to do business in crypto currencies and for any trader of them to have a very hard time.

This is the basic gist of what we discussed. Basically legislators know the technology is too democratic to all out make illegal crypto, but the new regs are designed to make using crypto in legitimate endeavors more cumbersome, complicated, expensive and dangerous.

Stay safe.
 Quoting: TrufSerumX


This sounds exactly like what they would plan to do.

All they have to do is say "Bitcoin is widely known to be used by terrorists and white supremacists" and poof there's their excuse.
 Quoting: The Daddylorian


Probably because despite no known data---IT IS!

Criminal elitism reigns in this country...
Those who will not reason, are bigots, those who cannot, are fools, and those who dare not, are slaves - George Gordon Byron
Anonymous Coward
User ID: 80077298
United States
02/22/2021 10:46 AM
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Re: I have Uncle Intel On CRYTPO
XMR ftw
Zalinsky

User ID: 45481864
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02/22/2021 10:46 AM

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Re: I have Uncle Intel On CRYTPO
Haha...crypttards day has come to pay tax on all the profits they turned thus far. As soon as they report one transaction, exactly what they own in crypto will have to be reported or it will be guesstimated by IRS and they will end up owing millions in taxes by fines for not reporting income and from tax period
 Quoting: Anonymous Coward 76509910


Not to mention, once a taxpayer reports a few transactions, if they are from the same wallet, it's not hard for the USG to take those transaction amounts, search the ledger, and find out exactly which wallet they belong to.

Sayonara anonymity
Anonymous Coward
User ID: 78471717
02/22/2021 10:46 AM
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Re: I have Uncle Intel On CRYTPO
All I know is that USG has thrown people in jail for even considering the creation of a gold-backed competitive currency.

Two things gives the USG power: the US military and USD as a monopolistic global reserve currency.

I love the libertarian dreams of the crypto bulls, but if you think the USG is going to just going to stand by and let BTC upend the its USD monopoly, you are delusional.

They don't actually care much about BTC is a speculative instrument, but when they start hearing analysts suggesting the CFOs should replace USD on their balance sheet with BTC, it perks their ears. They will now use every device of government that is required to crush that idea.

Microstrategy and Tesla will both be puking out their BTC positions before the end of the year.
 Quoting: Zalinsky


Or maybe they will HQ elsewhere and not be an American company anymore. I could see Musk doing something crazy like leaving the USA for some tax haven and declaring Tesla's official address as Mars.

The system that runs the USA is about to learn a big lesson soon and that is crypto is untouchable and has created a new breed of untouchable people, people who are not paper rich like the retards running congress, but those who can dump in to the fiat system, short a bank, and dump out again, people with ACTUAL REAL POWER.
Anonymous Coward
User ID: 20473958
United States
02/22/2021 10:47 AM
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Re: I have Uncle Intel On CRYTPO
this is the main reason i stayed out of cryptos. i knew this day would come
 Quoting: mr dull socks


Yeah right as we all got rich as hell ha ha Ha.
 Quoting: Anonymous Coward 76510871


What good will your riches be when the day of judgement comes?
Anonymous Coward
User ID: 80076762
02/22/2021 10:49 AM
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Re: I have Uncle Intel On CRYTPO
XMR ftw
 Quoting: Anonymous Coward 80077298


Don't work.

[link to www.wired.com (secure)]

The Dark Web’s Favorite Currency Is Less Untraceable Than It Seems

[link to crypto.stanford.edu (secure)]

Our attacks, which we validate on Zcash and Monero, enable a remote attacker to identify the P2P node of the payee of any anonymous transaction being sent into the network. This enables the adversary to link all transactions sent to a user, to recover a user's IP address from their anonymous payment address, and to link a user's diversified addresses.
 Quoting: stanford


Its really irresponsible to recommend this crypto if you know this info, also recommending it without doing your research (this info has been available for years). XMR don't work.





GLP