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Thread: Bitcoins are officially donkdown

  1. #8141
    Plutonium sonatine's Avatar
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    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  2. #8142
    Platinum BetCheckBet's Avatar
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    Oh boyÖ.
    PokerfraudAlert acknowledges that our message board is on the unceded, unsurrendered Territory of Donkdown.com who's presence stretches back to that of Neverwinpoker and the Lithuanians. As such we acknowledge the great role that Tony G, Jewdonk, any many other Lithuanians have contributed to our community.

  3. #8143
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by sonatine View Post
    We donít care about fiat. We donít care about Bitcoinís value against the dollar. Bitcoin has its own inherent value and will be our savior when world currencies collapse.

  4. #8144
    Master of Props Daly's Avatar
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    Quote Originally Posted by BetCheckBet View Post
    Oh boyÖ.
    On vacation.

    Was expecting to look and see $19K

    $26 when this was posted

    5.5% move in a day is barely worth commenting on

     
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      BetCheckBet: see below not about price

  5. #8145
    Plutonium sonatine's Avatar
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    SEC charged binance with securities violations etc etc

     
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      BetCheckBet: :this
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  6. #8146
    Nova Scotia's #1 Party Rocker!!!!11 DJ_Chaps's Avatar
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    LOL
    Attached Images Attached Images  
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  7. #8147
    Platinum BetCheckBet's Avatar
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    We are disappointed that the U.S. Securities and Exchange Commission chose to file a complaint today against Binance seeking, among other remedies, purported emergency relief. From the start, we have actively cooperated with the SECís investigations and have worked hard to answer their questions and address their concerns. Most recently, we have engaged in extensive good-faith discussions to reach a negotiated settlement to resolve their investigations. But despite our efforts, with its complaint today the SEC abandoned that process and instead chose to act unilaterally and litigate. We are disheartened by that choice.

    While we take the SECís allegations seriously, they should not be the subject of an SEC enforcement action, let alone on an emergency basis. We intend to defend our platform vigorously. Unfortunately, the SECís refusal to productively engage with us is just another example of the Commissionís misguided and conscious refusal to provide much-needed clarity and guidance to the digital asset industry.

    Todayís action is another in a line of examples where, as with other crypto projects facing similar suits, the Commission has determined to regulate with the blunt weapons of enforcement and litigation rather than the thoughtful, nuanced approach demanded by this dynamic and complex technology. Unilaterally labeling certain tokens and services as securities Ė even ones over which other U.S. authorities have asserted jurisdiction Ė only compounds these problems.

    Perhaps most surprising, the SECís actions undermine Americaís role as a global hub for financial innovation and leadership. Digital asset laws remain largely undeveloped in much of the world, and regulation by enforcement is not the best path forward. An effective regulatory framework demands collaborative, transparent, and thoughtful policy engagement Ė a path the SEC has abandoned.

    And, to be clear: any allegations that user assets on the Binance.US platform have ever been at risk are simply wrong, and there is zero justification for the Staffís action in light of the ample time the Staff has had to conduct their investigation. All user assets on Binance and Binance affiliate platforms, including Binance.US, are safe and secure, and we will vigorously defend against any allegations to the contrary. Rather, the SECís actions here appear to be in service of an effort to rush to claim jurisdictional ground from other regulators Ė and investors do not appear to be the SECís priority. Because of our size and global name recognition, Binance is an easy target now caught in the middle of a U.S. regulatory tug-of-war.

    It seems based on these developments that the SECís goal here was never to protect investors; if that were truly the case, the Staff would have thoughtfully engaged with us on the facts and in our efforts to demonstrate the safety and security of the Binance.US platform. The SECís real intent here, instead, appears to be to make headlines.

    We will continue to cooperate with regulators and policymakers in the U.S. and across the globe because that is the right thing to do. And Binance remains committed to productive engagement to ensure the next generation of cryptocurrency regulation fosters innovation while implementing and ensuring important consumer protections. Because Binance is not a U.S. exchange, the SECís actions are limited in reach. Still, we stand with digital asset market participants in the U.S. in opposition to the SECís latest overreach, and we are prepared to fight it to the full extent of the law.

    We will work alongside industry partners to defend this important technology from misguided lawsuits. And we will maintain our unceasing efforts to deliver a safe and trusted platform for our users that holds true to our core value of furthering the freedom of money.

     
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      Daly: Now the comment makes sense - ty for sharing
    PokerfraudAlert acknowledges that our message board is on the unceded, unsurrendered Territory of Donkdown.com who's presence stretches back to that of Neverwinpoker and the Lithuanians. As such we acknowledge the great role that Tony G, Jewdonk, any many other Lithuanians have contributed to our community.

  8. #8148
    Master of Props Daly's Avatar
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    Lol okÖ.


    Turns out when you on a walking tour of denver your not up on all info.

    That said id suspect a larger drop than that.

  9. #8149
    Plutonium Sanlmar's Avatar
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    Name:  BD71350F-F057-4D72-ACBA-F7E07AA8FE4F.jpeg
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  10. #8150
    Plutonium sonatine's Avatar
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    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  11. #8151
    Platinum ftpjesus's Avatar
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    Why would anybody be surprised they went after Binance especially since they went after Coinbase just prior. Itís ironic because Coinbase has notoriously been ratting out its customers for awhile to the IRS and such. You would think they wouldnít want to rock the boat to get the tax revenue from tax evaders by going after the very entity thatís been giving them information.

    Only thought it theyíre going full CCP mode on crypto now despite the fact the SEC ruled itís a commodity not currency so they need to make up their fucking minds. By this logic pretty sure Cash App will be targeted since people can buy and sell BTC on there and receive it and insta convert to fiat.

  12. #8152
    Hurricane Expert tgull's Avatar
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    Just amazes me people are willing to spend $26,000 on a mathematical algorithm. Warren Buffet said it best, the only value is selling it to the sucker next to you for more than you paid for it. There is some fun with it though, there are literally people battling depression because they used to have say 100 coins when they were valued at $2 and can't find them. LOL, now that is funny.

  13. #8153
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by ftpjesus View Post
    Why would anybody be surprised they went after Binance especially since they went after Coinbase just prior. Itís ironic because Coinbase has notoriously been ratting out its customers for awhile to the IRS and such. You would think they wouldnít want to rock the boat to get the tax revenue from tax evaders by going after the very entity thatís been giving them information.

    Only thought it theyíre going full CCP mode on crypto now despite the fact the SEC ruled itís a commodity not currency so they need to make up their fucking minds. By this logic pretty sure Cash App will be targeted since people can buy and sell BTC on there and receive it and insta convert to fiat.
    Gary Gensler actually said ď We donít need more digital currency. We already have digital currency.Ē. What he is less forthcoming about is that we are now clearing the path for CBDC. There is a .gov war on crypto.

    I am not a Bitcoin maxi but if we can bet on blackjack at the local casinos we should be able to bet on crypto if we wish.

    Speaking of crypto maxisÖ is Coinbase a buy here?

  14. #8154
    Plutonium sonatine's Avatar
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    Quote Originally Posted by Sanlmar View Post
    Quote Originally Posted by ftpjesus View Post
    Why would anybody be surprised they went after Binance especially since they went after Coinbase just prior. Itís ironic because Coinbase has notoriously been ratting out its customers for awhile to the IRS and such. You would think they wouldnít want to rock the boat to get the tax revenue from tax evaders by going after the very entity thatís been giving them information.

    Only thought it theyíre going full CCP mode on crypto now despite the fact the SEC ruled itís a commodity not currency so they need to make up their fucking minds. By this logic pretty sure Cash App will be targeted since people can buy and sell BTC on there and receive it and insta convert to fiat.
    Gary Gensler actually said ď We donít need more digital currency. We already have digital currency.Ē. What he is less forthcoming about is that we are now clearing the path for CBDC. There is a .gov war on crypto.

    I am not a Bitcoin maxi but if we can bet on blackjack at the local casinos we should be able to bet on crypto if we wish.

    Speaking of crypto maxisÖ is Coinbase a buy here?

    ipso ergo parties allowing the wagering on crypto should be subject to the same level of regulation as casinos and banks, yes?
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  15. #8155
    Diamond lol wow's Avatar
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    bro you are so gay

  16. #8156
    Diamond TheXFactor's Avatar
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    I'm going to try and not act surprised when the Southern U.S. District of New York comes out with an indictment against Coinbase and Binance then seizes their web domains (coinbase.com, binance.us, binance.com)

    It's been over 13 years since black friday in online poker and the U.S. government wants that unclaimed money (possibly Billions) from crypto.



  17. #8157
    Plutonium sonatine's Avatar
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    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  18. #8158
    Nova Scotia's #1 Party Rocker!!!!11 DJ_Chaps's Avatar
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    lol blackrock/fidelity
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  19. #8159
    Plutonium sonatine's Avatar
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    has anyone really stopped and considered how twitter being swept off the stage would impact long tail crypto?
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  20. #8160
    Owner Dan Druff's Avatar
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    Quote Originally Posted by DJ_Chaps View Post
    lol blackrock/fidelity
    Good article: https://www.marketwatch.com/story/ex...roved-f4665af4


    Also, I hope you will give me credit for my forward-thinking, 1990 prank of Fidelity which caused them to permanently change their main phone number -- to the one they still use today.

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