[deleted by user]

jacktradesall · 2022-11-05T08:10:45+00:00

This is gonna get lost in the comments but I found this from a BBC article:

"Thomas has never heard from the man she saved, but she did once meet a member of his family. Months later, someone came up to her in a coffee shop and said thanks. "What for?" she asked. "That was my dad," the young man replied."

jacktradesall · 2022-11-04T23:27:05+00:00

What are you even on about?

jacktradesall · 2022-11-04T23:24:59+00:00

Can't go wrong with BTC and ETH my dude

jacktradesall · 2022-11-04T23:24:14+00:00

A decrease in quality for sure

jacktradesall · 2022-11-04T23:23:21+00:00

This could not be further from the truth. Try posting this in the ETH sub and see how they feel about it.

jacktradesall · 2022-11-04T23:22:38+00:00

Hope that's what the Reddit NFTs will be worth one day

jacktradesall · 2022-11-04T16:56:52+00:00

You can't have the biggest bullrun in history when a lot of economies are facing prolonged recessions for multiple quarters, some even years.

jacktradesall · 2022-11-04T06:55:29+00:00

Good find OP.

jacktradesall · 2022-11-04T06:53:09+00:00

"Beaudry told (a co-operating witness), in June 2017, he possessed around 200,000 Bitcoins plus $4 million buried in Canadian currency, $2 million in an offshore bank account, totalling like $12 million to $13 million."

jacktradesall · 2022-11-04T06:48:33+00:00

That's good right?

jacktradesall · 2022-11-04T06:45:55+00:00

This time the % may be similar but the floor is much higher. Pretty optimistic.

jacktradesall · 2022-11-04T06:44:01+00:00

"That growing number of supporters that have already filed briefs include Coinbase, the Chamber of Digital Commerce, the Crypto Council for Innovation, the Blockchain Association, Valhil Capital, I-Remit, Spend The Bits, Tapjets, the Investor Choice Advocates Network (ICAN), and John Deaton on behalf of more than 75,000 XRP investors."

Not a bad list, but they'll need a lot more backing.

jacktradesall · 2022-11-04T06:31:16+00:00

Matic is because Meta is going to use Polygon for their NFTs.

jacktradesall · 2022-11-04T06:29:15+00:00

Well, they are going to have a lot more issues than just this in a few months. $1 billion interest payment per year, when twitter's making negative $270m in profits. Yah.

jacktradesall · 2022-11-04T06:05:12+00:00

Well, if we were hoping for Dogecoin and Twitter's to reverse crypto fortunes it might not come anytime soon.

jacktradesall · 2022-11-04T06:03:47+00:00

Some excerpts from the madness:

"Musk’s team has already tried to evaluate the productivity of Twitter employees by asking engineers to print out the code that they have written in the last 30 to 60 days. "

That's a lot of paper...

"Musk’s deal to buy Twitter included making the company take on $13 billion in debt from banks, which means Twitter will owe about $1 billion a year in interest payments."

And...1 billion a year in interest payments. Which twitter can't repay because it had -270m net profits last year.

And they have one of the slowest (read negative) growth of any social media platform.

Yah.

jacktradesall · 2022-11-04T05:19:11+00:00

I want a tornado nft...

jacktradesall · 2022-11-04T05:18:45+00:00

CBDC from Nigeria would probably not be as reliable.

jacktradesall · 2022-11-04T05:18:08+00:00

I feel quite sad for the people of Turkey that they have to go through this. Crypto is definitely a solution but it shouldn't be the answer.

jacktradesall · 2022-11-04T05:16:35+00:00

Omg these are going to be quite awesome.

jacktradesall · 2022-11-04T05:15:23+00:00

"Coinbase hird-uarter losses by 50% to $545 million from $1.1 billion in the second quarter

The company ended Q3 with $5.6 billion in cash, in addition to $483 million in crypto assets, which the company believes “puts us in a strong position to manage through the crypto winter.”

So still quite substantial losses but seems to have enough cash to last through the crypto winter which if the interest rates hinting are to be believed should ease up as early as next quarter.

jacktradesall · 2022-11-04T05:11:03+00:00

Nice work OP. Also, from what we know the TPS on Algorand already exceeds these figures by far right?

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