Official Bitcoin Thread

[igotthatstock]

Has anyone read up on Visa allowing people to buy with crypto? I want to know how that would affect AMP? The only thing that sticks out to me is that VISA fee is higher than AMP for business owners who uses their point of sale system.

My understanding is that all of these apps, e.g. Venmo, Cash App, and all of the traditional financial services companies, e.g. Visa and Mastercard, are simply saying they will "accept crypto" to attract customers and open up the option because others are doing it. What they are actually doing is converting your crypto to fiat before they complete the sale.

Flexa (AMP) gives merchants the option to accept either fiat or crypto. This creates a whole separate ecosystem. They are already the overwhelming leader in the defi payments space.

It probably won't work but they are getting a Shopify pug-in come summer and all bets are off after that. So there's that.

 

[ilike turtles]

Yall think bitcoin gonna hit 100k within the next couple years?

 

[af1 1982]

My understanding is that all of these apps, e.g. Venmo, Cash App, and all of the traditional financial services companies, e.g. Visa and Mastercard, are simply saying they will "accept crypto" to attract customers and open up the option because others are doing it. What they are actually doing is converting your crypto to fiat before they complete the sale.

Flexa (AMP) gives merchants the option to accept either fiat or crypto. This creates a whole separate ecosystem. They are already the overwhelming leader in the defi payments space.

It probably won't work but they are getting a Shopify pug-in come summer and all bets are off after that. So there's that.

This is where I'm at. Still a tall task to actually be worked and implemented, all things considered. If it does work, then I can't even fathom how rich early adopters are going to be. If it doesn't, then oh well. You can most likely make money off all the speculation alone.

 

[sonoftony]

Yall think bitcoin gonna hit 100k within the next couple years?

I think by the end of this year but that my personal hot take on it

 

[igotthatstock]

I think by the end of this year but that my personal hot take on it

Hot take? I have BTC hitting a 5 Trillion Market Cap by August. This is the way.

 

[tomdiginson]

Some say it's going to $1 while others say $.05. Either way, I'm 2x right now and ready to ride.

AMP up to .0324
Gemini fam is out here eating
Have you seen the Gemini app? Try it using my code and we'll each get $10 USD of Bitcoin.
https://gemini.com/share/ujbir9

Grabbed $100 worth for giggles. Lets see how it pans out.

 

[af1 1982]

More $AMP shilling but I'd be surprised if we don't hit .05 by COB

EDIT: Lol maybe I should have targeted before lunch

 

[oidreez]

Yall think bitcoin gonna hit 100k within the next couple years?

lemme check my crystal ball.....

 

[igotthatstock]

More $AMP shilling but I'd be surprised if we don't hit .05 by COB

COB? How about in 10 seconds.

 

[D Double]

DOT pumping.

Yall think bitcoin gonna hit 100k within the next couple years?

Probably this year.

5 to 10K ETH as well won't suprise me either.

 

[igotthatstock]

That AMP TANK was GNARLY!!!!! I lost $10k in 5 seconds. Holy hell.

 

[af1 1982]

That AMP TANK was GNARLY!!!!! I lost $10k in 5 seconds. Holy hell.

ENDORPHINS

 

[nolo33]

I can’t even login to my Gemini account wtf is going on!?

 

[DsLee]

I guess no Lunar New Year dumps? ALGO though, good gracious!

 

[igotthatstock]

AMP broke Gemini. What a time.

 

[dragonnife]

Yeah my app won’t even load up my account Smfh

 

[af1 1982]

Damn we're free falling.

 

[ballinsam23]

Im sad AMP is only on Gemini. Been on the sidelines watching it go up 100% in days because I’m too lazy to open another account.

 

[witnesskb24]

Im sad AMP is only on Gemini. Been on the sidelines watching it go up 100% in days because I’m too lazy to open another account.

I just went and opened a whole new bank account since my garbage bank wouldn’t register with Gemini

 

[CrownRoyalDaddy]

Every time AMP dips it just comes back stronger.

Im good on buying here though, comfortable with the stack i threw at it. Just gonna let it ride

 

[URAVGFL]

VET

 

[cs02132]

Geez
That amp dump

 

[nolo33]

New to this. Should we be worried about AMP?

 

[igotthatstock]

New to this. Should we be worried about AMP?

It is still up 100% this week. But yes, it seems as though the price has been manipulated a bit today.

 

[Majorbread]

VET pump too crazy had to trim to lock in some gains and rebalance