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Official BGOL Crypto Currency Thread ★★★★★

rebel said:
https://mobile.nytimes.com/2018/02/02/technology/cryptocurrency-puerto-rico.html
Click to expand...
Interesting but pr is a US territory

Making a Crypto Utopia in Puerto Rico
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merlin_133068149_38a91507-add0-4389-abc6-0137eab8f454-articleLarge.jpg

Brock Pierce inside the former Children’s Museum in Old San Juan, P.R., which he and his colleagues hope to make part of a crypto utopia where the money is virtual and the contracts are all public.CreditErika P. Rodriguez for The New York Times
By Nellie Bowles

Feb. 2, 2018
SAN JUAN, P.R. — They call what they are building Puertopia. But then someone told them, apparently in all seriousness, that it translates to “eternal boy playground” in Latin. So they are changing the name: They will call it Sol.

Dozens of entrepreneurs, made newly wealthy by blockchain and cryptocurrencies, are heading en masse to Puerto Rico this winter. They are selling their homes and cars in California and establishing residency on the Caribbean island in hopes of avoiding what they see as onerous state and federal taxes on their growing fortunes, some of which now reach into the billions of dollars.





 
Mrfreddygoodbud said:
Bad news if you are a daily coin flipper

Or went in with this month's rent money...


If you are in it for the long haul.

This is a fly on ox ass...
Click to expand...

This bloodbath lines up perfectly with the SEC/congress fuckery next week. "Joe average' is getting crushed right now. They'll ramble on about 'protecting' citizens from getting destroyed, money laundering, and terrorism. More FUD.

Market needs to bounce back before MSM talks about those hearings. Big boys don't need to push 'joe average' out just yet.
 
gene cisco said:
This bloodbath lines up perfectly with the SEC/congress fuckery next week. "Joe average' is getting crushed right now. They'll ramble on about 'protecting' citizens from getting destroyed, money laundering, and terrorism. More FUD.

Market needs to bounce back before MSM talks about those hearings. Big boys don't need to push 'joe average' out just yet.
Click to expand...


All this should've been expected crytpo currency puts the fear of God in the system as we

Have known it. They gonna use every gun in

The Arsenal to try and gain some kind of control over it.

But that's just impossible at this point so all

They have is their propaganda machine .

When the big boys on Wall Street started putting their piggy lil fingers in the pot

That got EM shook...
 
Baron Rothschild, an 18th century British nobleman and member of the Rothschild banking family, is credited with saying that "the time to buy is when there's blood in the streets." He should know. Rothschild made a fortune buying in the panic that followed the Battle of Waterloo against Napoleon.

Cryptocurrency is here to stay.
 
The G.O.A.T. said:
Baron Rothschild, an 18th century British nobleman and member of the Rothschild banking family, is credited with saying that "the time to buy is when there's blood in the streets." He should know. Rothschild made a fortune buying in the panic that followed the Battle of Waterloo against Napoleon.

Cryptocurrency is here to stay.
Click to expand...

exactly they been playin the same fuckin game for years..

hold hold and hold

they came into power by the pimp panic for profit method..

first they create the panic, then they pimp it to their advantage..
and the masses fall for that shit all the time...

but WE know better..

riiiiiiiiiigggght????
 
So whats a good company to use to buy ripple in the usa. Is it safe to send all that verification info in just to buy $150 worth of the stuff.
 
The G.O.A.T. said:
Baron Rothschild, an 18th century British nobleman and member of the Rothschild banking family, is credited with saying that "the time to buy is when there's blood in the streets." He should know. Rothschild made a fortune buying in the panic that followed the Battle of Waterloo against Napoleon.

Cryptocurrency is here to stay.
Click to expand...
There’s a piece missing from that quote...
"The time to buy is when there's blood in the streets, even if the blood is your own.

Baron Rothschil
:money::roflmao:
 
Mrfreddygoodbud said:
All this should've been expected crytpo currency puts the fear of God in the system as we

Have known it. They gonna use every gun in

The Arsenal to try and gain some kind of control over it.

But that's just impossible at this point so all

They have is their propaganda machine .

When the big boys on Wall Street started putting their piggy lil fingers in the pot

That got EM shook...
Click to expand...

They got control. They've showed they ain't going to let their banks play unless it's on their terms and will not allow this to replace fiat. Thing is, they all keep talking :D "But we love blockchain!" And they do. This is why platforms will be king and 'accredited investors' will be the ones making most the money once the big boys finish scaring average Joe and then make rules to protect them. :smh:

All the people who got in during the holiday seen crazy losses. A good number panic sold and probably hate this shit now. Now they going to sit by while the big players buy cheap and make killings in 2018 and beyond.
 
gene cisco said:
They got control. They've showed they ain't going to let their banks play unless it's on their terms and will not allow this to replace fiat. Thing is, they all keep talking :D "But we love blockchain!" And they do. This is why platforms will be king and 'accredited investors' will be the ones making most the money once the big boys finish scaring average Joe and then make rules to protect them. :smh:

All the people who got in during the holiday seen crazy losses. A good number panic sold and probably hate this shit now. Now they going to sit by while the big players buy cheap and make killings in 2018 and beyond.
Click to expand...

oh they have control NOW because the game just started... and most of us want to play by the rules...

but let them force this game underground, give it time for gadgets to come out like hardware wallets with wifi that can connect to other hardware wallets and devices off grid...

yea they have control but the game is just starting, let them get greedy and watch how fast the game switches up on their ass...

we aint seen nothing yet...
 
Mrfreddygoodbud said:
oh they have control NOW because the game just started... and most of us want to play by the rules...

but let them force this game underground, give it time for gadgets to come out like hardware wallets with wifi that can connect to other hardware wallets and devices off grid...

yea they have control but the game is just starting, let them get greedy and watch how fast the game switches up on their ass...

we aint seen nothing yet...
Click to expand...

You're right. But that's a different level than what we are doing. We just trying to get paid through the market. When atomic swaps, DEX, and more shit pops off, that's the government's problems. Vets who held strong will all probably have a shit ton of money in crypto by then and will be moving the profits through other vehicles.

darius_janus said:
JP Morgan, BofA ban Cryptocurrency transactions on Credit Cards

https://www.bloomberg.com/news/arti...l-cryptocurrency-transactions-on-credit-cards

That is some bullshit fam!!:smh:
Click to expand...

To be expected. Another barrier for 'joe average'. They weeding out folks slowly but surely. :yes: The entry barrier will just continue to grow as these folks protect their interests and claim to protect jane and joe.

Mrfreddygoodbud said:
I was telling yall about moving to puerto rico pages ago.... and the good thing is

you dont give up your citizenship....

now is the time to move because real estate is about as cheap as its going to be....
Click to expand...

Yeah, we discussed that. Only have to live there for a certain amount of time out the year and you're good. I see a lot of states without state tax and Puerto Rico getting some crypto love in the future. :yes:
 
gene cisco said:
You're right. But that's a different level than what we are doing. We just trying to get paid through the market. When atomic swaps, DEX, and more shit pops off, that's the government's problems. Vets who held strong will all probably have a shit ton of money in crypto by then and will be moving the profits through other vehicles.



To be expected. Another barrier for 'joe average'. They weeding out folks slowly but surely. :yes: The entry barrier will just continue to grow as these folks protect their interests and claim to protect jane and joe.



Yeah, we discussed that. Only have to live there for a certain amount of time out the year and you're good. I see a lot of states without state tax and Puerto Rico getting some crypto love in the future. :yes:
Click to expand...

yea you just have to live there for six months out of the year... and if you live in places like we do, new york and ohio,

you just leave during the winter months, leave in dec come back in june....

do you think when atomic swap exchanges pop off they gonna be on that kyc bullshit??
 
Mrfreddygoodbud said:
yea you just have to live there for six months out of the year... and if you live in places like we do, new york and ohio,

you just leave during the winter months, leave in dec come back in june....

do you think when atomic swap exchanges pop off they gonna be on that kyc bullshit??
Click to expand...

I'm more paranoid than the rest of the cats around here. I think they central exchanges that are fiat exits will ask for trade history. An atomic swap can be used to get out of long-term capital gains. IRS going to be all over it. DEXs can be used for the same shit.
 
gene cisco said:
I'm more paranoid than the rest of the cats around here. I think they central exchanges that are fiat exits will ask for trade history. An atomic swap can be used to get out of long-term capital gains. IRS going to be all over it. DEXs can be used for the same shit.
Click to expand...

irs needs to fall back and make payin taxes on cryptos easier... stop all that tryin to tax every fuckin trade..

just ask for a clean twenty to thirty percent when one cashs out..

they are forcing shit to go under their radar... they better hone in that greed and think long term...

like I stated pages ago crypto currency was created to be an alternative to govt control.

right now the govts are playin right into their hands


what feeds your paranoia when it comes to moving to puerto rico??
 
Mrfreddygoodbud said:
irs needs to fall back and make payin taxes on cryptos easier... stop all that tryin to tax every fuckin trade..

just ask for a clean twenty to thirty percent when one cashs out..

they are forcing shit to go under their radar... they better hone in that greed and think long term...

like I stated pages ago crypto currency was created to be an alternative to govt control.

right now the govts are playin right into their hands


what feeds your paranoia when it comes to moving to puerto rico??
Click to expand...

Yeah, I think they will straighten out the tax laws for the big players. More grief for the little guy as the barrier gets thicker.

As for Puerto Rico, no paranoia. Was just talking about pulling through fiat and DEX and atomic swaps. Puerto Rico might be a lovely option for some. If this game looks like they will allow sick gains past 2018, people will definitely explore that option.
 
donwuan said:
You can't pull cash off your card for even money. Crypto is currency and I want to keep it that way. Debit Cards are cool tho.
Click to expand...

Some credit cards have treated crypto entry points like a cash advance. Chase, BoA, and Discover are just being assholes.
 

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