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Mark Cuban has a seat at the table and I think this is genius. Nothing beats having a sports card in hand, especially if it's autographed or a refractor, but I see stuff like this having a place in the space.This has NFT written all over it. The NBA early to the party?
Do they pay you in more eth?
Anyone in NFT coins?
anyone know what this about?
I am familiar with the topic but had not read this article...great read.
Tether is a real threat to the crypto ecosystem.
They essentially bought their own role of generic County Fair tickets and are selling them to fair goers and using them to buy raffle tickets lol
I do think Tether should be investigated and should prove that their coin is truly pegged and backed by USD.
i also think BTC’s price is being propped up by Tether and honestly other scam coins too.
This worries me but let’s not forget that stocks and the housing market are also being propt up by funny money too.
I see a massive correction in the future for many markets.
A lot of monopoly money is being used everywhere.
Crypto is the wild west of currency still so I dont doubt that its price is being propt up by this type of laundering.
be careful everyone
PS
I read a econ report that said If you tie Tesla’s stock price to tesla cars driven off their lot each one would be worth $1,000,000
Meanwhile Toyota’s and VWs are only worth $10,000.
This doesnt make sense and shows how overvalued Tesla is.
Well Tesla then takes their money from overvaluation and buys BTC lol
Their shareholders and workers also use it to buy houses here in the bay area.
My point is a lot of companies and markets (inc crypto) are being built on a house of cards.
do i belive in BTC, Real Estate, stocks, and Tesla? Sure but their prices should be studied further and understood
Think this needed to be said for a lot of people. I'm comfy with my positions and cost basis for most of my investments. I've been hesitant lately to add to any positions because I'm just not comfortable with a lot of price points.I am familiar with the topic but had not read this article...great read.
Tether is a real threat to the crypto ecosystem.
They essentially bought their own role of generic County Fair tickets and are selling them to fair goers and using them to buy raffle tickets lol
I do think Tether should be investigated and should prove that their coin is truly pegged and backed by USD.
i also think BTC’s price is being propped up by Tether and honestly other scam coins too.
This worries me but let’s not forget that stocks and the housing market are also being propt up by funny money too.
I see a massive correction in the future for many markets.
A lot of monopoly money is being used everywhere.
Crypto is the wild west of currency still so I dont doubt that its price is being propt up by this type of laundering.
be careful everyone
PS
I read a econ report that said If you tie Tesla’s stock price to tesla cars driven off their lot each one would be worth $1,000,000
Meanwhile Toyota’s and VWs are only worth $10,000.
This doesnt make sense and shows how overvalued Tesla is.
Well Tesla then takes their money from overvaluation and buys BTC lol
Their shareholders and workers also use it to buy houses here in the bay area.
My point is a lot of companies and markets (inc crypto) are being built on a house of cards.
do i belive in BTC, Real Estate, stocks, and Tesla? Sure but their prices should be studied further and understood
anyone know what this about?
Another good article but it doesnt deny that Tether and other coins are inflating BTCs price.Don't fear Tether
Whenever Bitcoin has a bull run, naysayers try to cope with missing the boat by rationalizing why it will fail through “Fear, Uncertainty, and Doubt” (FUD).danheld.substack.com
I think you will always have the naysayers who just make up stuff and the FOMO crowd who just buy because their favorite celeb told them too.Yeah I might be naive but if the NY court investigations into Tether turns out to be the worst, it would lead to a big correction, price dips, but people will accumulate again and hold. Price may change, but supply is what it is.
Maybe I’m reading the room incorrectly but I feel like there’s so much more FOMO this time around that there’s way more folks that believe BTC will remain legit moving forward and won’t fully leave. I mean we got people holding DOGE for God’s sake.
Why do people talk about missing the boat theres still plenty of money to be madeDon't fear Tether
Whenever Bitcoin has a bull run, naysayers try to cope with missing the boat by rationalizing why it will fail through “Fear, Uncertainty, and Doubt” (FUD).danheld.substack.com
D Double drop that Celcius referral code.
Anyone in NFT coins?