Mikhail_Liebenstein

Well yeah....I had my actual shoeshine boy moment a few days ago. Got talking to a delivery driver who was delivering an actual shoeshine kit to me (a gift for someone else), anyway he started talking about Bitcoin. Add to that, today my 74 year old father started talking about Bitcoin. I think that is the Bat Signal!!!

Sorry, good point, corrected in my OP. Though kinda kills the big reveal.

I’m more worried now about the cross fire. The Crypto market has basically hit $1Trn, and has a Tulip / Southsea Bubble feel to it. Also, I was chatting to one of the delivery drivers that came today as he got stuck behind a tree surgeon who was working on our road. Anyway, he was telling me how he was doing really well with Crypto and Bitcoin in particular. Do you want to know what was in the parcel? https://www.herringshoes.co.uk/herring/valet-box-ii/red-walnut

It can be renamed Theth_air, evolving into Thin_air overtime.

It needs a catchy name, then we can make it real: - POW Climate Action Levy POW CAL - Asic Mining Mandatory Offset - AMMO - Climate Levy On POW - CLOPOW - Crypto Offset Levy on Energy - COLE ? OECD looking into tax https://www.oecd.org/tax/tax-policy/taxing-virtual-currencies-an-overview-of-tax-treatments-and-emerging-tax-policy-issues.pdf

Here’s a rumour.... SEC to go after Tether...... That would kill BTC.

I think BTC is heavily manipulated by Tether. Tether has nothing backing it up. If Tether were called in, a lot of exchanges would go bust.

And actually it is really 3rd. The real reason being that Tether is fake and is being used to Pump BTC, whilst the underwriting value of Tether is probably just 5 Cents on the Dollar.

I'd be selling BTC now and swapping weighting for XRP, it makes total sense. BTC could drop back to $3000, but the XRP floor is $0.18, and has way more upside.

I did on the way down, out at $0.48 and back at $0.22, then one more trade out at $0.27 and back in at $0.23 having missed the $0.18 bottom. Good enough for a 2.5x stack and value increase. Better than sitting on BTC.

I think BTC va and ETH have more downside. The prices are fake, based on being pumped up with Tether.

Personally I've played the swings, and now hold 2.5x more XRP than I did before the SPARK drop. Happy with that.

Well it is pretty clear that the SEC is an antique and isn't fit for purpose. I understand heads will role when Biden comes in, so if the SEC has been infiltrated, then there will be a decent clear out. Buy American buy XRP.

I mentioned CEX, good exchange.

No sure what is financially Conservative means today. Certainly it isn’t leaving cash in an interest bearing account. And probably isn’t bonds either. Probably it is a highly diversified equity portfolio. My XRP is only a small portion of my assets. Roughly 45% Property, 45% Equities, 5% Gold, 3 % Cash and 2% Crypto.