Visa Acquires Ripple [XRP] Partner! Cardano Ledger Support! Binance XRP Base Pairs! [Bitcoin News]



Hey Altcoin Daily Team! Last day of the year! Let’s talk recent news! Like. Subscribe. Follow us on Twitter: https://twitter.com/AltcoinDailyio?lang=en&lang=en …

source

You May Also Like

37 Comments

  1. New Year's resolutions usually fail because people don't set them as specific, measurable goals with an action plan. I have not yet set my NY goal(s), but I am sure crypto will figure in somehow. Happy New Year to Aaron & Austin! ?

  2. oh Reddit is always a good source lol. Crypto will drop like a stone in a 2008 style crash, look at what happened to gold and silver before they rally'd, everyone got margin calls that forced everyone to sell so in a global recession crypto will likely plummet first too wiping out all the margin holders but after they all been cleared out it will probably rally… plus if a global recession does happen and house prices drop like a stone its the people holding cash that will sweep up all those cheap houses etc… it was only later that gold rally'd in 2008, i suspect crypto will do the same.

  3. I could never support a "crypto currency" who pairs with a credit card company who forces websites to shut down people with political views they don't like and remove their ability to make money and feed their families. Disgusting.

  4. You missed the main reason bitcoin will do well in a major recession. During the previous recession we started seeing a lot of banks and brokerages go out of business and wipe out the savings of working class people. One result is that people started wanting to hold some of their wealth themselves rather than trusting a 3rd party to hold their wealth for them. That was before Bitcoin so all we had was precious metals. The result was that my gold went up 70% and my silver went up 260%. I expect much the same thing to happen with Bitcoin and the less scamy alt coins during this next recession. We're already sliding down into the next recession and if it's anything like the previous one I expect it to bottom out in about 2 years. The previous recession started in 2008 and bottomed in 2011.

    Last time around I saw the recession coming and took steps to prepare. I bought precious metals and redoubled my efforts at paying down my condo mortgage. I knocked it to zero in 11 years. I also had been wanting a house so I waited and watched as the price of real estate continued to crash, until in the spring of 2012 I took some profits on Silver and used it as a down payment on my house. I bought this place for 160k and now it's worth about 300k. This next recession is going to rob much of that value of course but since it's paid off it won't be a problem. It's still a nice place to live. I kept the condo till 2016 and dumped what I got for it into the condo mortgage. I was tempted to buy bitcoins but I'm only willing to risk my surplus monthly income rather than massive amounts of money like what I got for the condo. In hindsight I should have bought bitcoin. Oh well.

    I've been expecting to see this next big recession start for a couple years now. They tend to come every 7 to 10 years. During this crash I expect to see people once again lose confidence in centralized entities to hold their wealth for them. It will take a few big bankruptcies for that to happen but I expect it to start happening next year. That should push the most stable and established of all crypto currencies (bitcoin) up very nicely. I also expect my precious metals to increase nicely as well. Once bitcoins reach my magic number (which isn't really that far off) I plan to sell this house, quit my mechanic job, and rent or live in a pickup truck camper while the recession cycles through. I expect it to bottom out around 2021 or 2022. That will be the time to move some bitcoin into conventional assets like stocks and real estate. It will also be the time to move my silver into gold. Last time around silver went up much faster than gold but when metals started falling again, I would have been wise to move my silver into gold to lock in the gains.

  5. think of this folks, Ripple and XRP were set up by the banks to steal your crypto for worthless coins, you can only obtain XRP by exchanging it with crypto! thats why they created so many of them.. watch the big movements 100mil XRP into an exchange followed by a large withdraw of bitcoin or etherium stop buying XRP and believing the paid pumpers.. the price never moves..

  6. Assuming If a man bought BTC at 1000 then it's ok. But holding on to it even when it reached a high was foolish. If he added on at 19000 or 10000 he is a fool for not selling. The hype is over for now. It's gone. Bitcoin is useful only for trading and investing, but right now its more of trading,I made 60,000 from Btc. He is a fool in my eyes. trading bitcoin but my success never started that way as I had made substantial losses before my turning point in the Crypto space. I bought 2Btc last year which quickly rose in the bull run but eventually lost most of it and sold off what was left. That was the last I would ever have to do with bitcoins until I was introduced to Mr harald webster first of, he asked to know my trade experience. He then gave me a quick insight on what to look out for when choosing a platform and a bunch of other things most experienced traders may never tell you. Most importantly, he introduced me to his specially designed layout and provided me with professional advice and accurate trade signals. With his system, trading has become easy and profitable and I just want to spread the word and thereby help as many are in my previous unfortunate situation. For all questions, you can reach out for his help on his ((haraldwebster77@gmail. Com))

  7. As always very good information. Thinking about your suggestion to spend crypto, I assume that many like me are hesitant due to the severe tax implications of doing so. I think, until we see, at least in the US, the tax laws change, crypto will never become a viable medium for common spending. Just my humble opinion.

  8. Sorry, but I don't see the connection between Crypto and VISA. What we have is VISA acquiring Earthport, a financial services firm, to help facilitate cross-border transactions. Earthport is partnered with Ripple to use the Ripple protocol for transaction processing. This has nothing to do with Crypto currency … it's just transaction processing using blockchain technology. There is no digital coin involved in this. There are many uses for blockchain that have nothing whatsoever to do with Crypto other than Crypto itself makes use of blockchain technology. So this 'news' is of no value to anyone interested in speculating in Crypto because it isn't really related.

  9. XRP is the banksters "coin." That is why I will never buy it. Yes it will go up in price, but the main point of crypto/blockchain is to free ourselves from the grasp of the evil banking system. I really hope people don't buy XRP for this reason.

  10. I am shocked at the profit I made trading with Mr Arthur this investment is totally worth it and I intend to trade more cheers all! you can reach him at jackarthur0000@@t

  11. Please prepare some review on the FUTUROCOIN project. I've invested in the FuturoCoin altcoin (good exchange rate now due to BTC crash) and I hope it will bring me profits. What do you think about investing in alt coins now? The prices of them are very favorable now due to the correlation with BTC and BTC price crash.

Leave a Reply

Your email address will not be published. Required fields are marked *