Is it soup yet? May be ready for some In-N-Outs. COIN 10m T-Line Trade, 50 ma target. Trading the T-line - cut to the chase ... Stephen Bigalow https://elitetrader.com/et/threads/...t-right-here-baby.335635/page-15#post-5162295
it cannot be said that bitcoin is the most unreliable currency Any money controlled by a central bank is not truly safe. Governments love to spend more than they receive from taxes and other income streams from the population - so they create enough money for their needs. When a lot of money is printed and invested in the economy, it reduces the value of the same dollar already in circulation. All of these disadvantages are absent in bitcoin. The appearence of new coins in this world is fixed by a code with which all network participants agree. The spread of new bitcoins is fixed and transparent, as is the approximate date when the last coin will be created. All this is the main value of bitcoin.if minority do not know how to capitalize bitcoin, this is only their problem. and it's not only about the crypto, they will also spend fiat money thoughtlessly on the mass market
Yeah, but Bitcoin doesn't have Federal Reserve behind it. Mission, Values, and Goals of the Board of Governors Mission Values Strategic Goals Role of Strategic Planning Interagency Coordination Mission The mission of the Board is to foster the stability, integrity, and efficiency of the nation's monetary, financial, and payment systems so as to promote optimal macroeconomic performance. Back to section top Values The following values of the Board guide its organizational decisions and its employees' actions. Public interest. In its actions and policies, the Board seeks to promote the public interest. It is accountable and responsive to the general public, the U.S. government, and the financial community. Integrity. The Board adheres to the highest standards of integrity in its dealings with the public, the financial community, and its employees. Excellence. The conduct of monetary policy, responsibility for bank supervision, and maintenance of the payment system demand high-quality analysis; high performance standards; and a secure, robust infrastructure. The pursuit of excellence drives the Board's policies concerning recruitment, selection, and retention of Board employees. Efficiency and effectiveness. In carrying out its functions, the Board is continually aware that its operations are supported primarily by public funds, and it recognizes its obligation to manage resources efficiently and effectively. Independence of views. The Board values the diversity of its employees, input from a variety of sources, and the independent professional judgment that is fostered by the System's highly valued regional structure. It relies on strong teamwork to mold independent viewpoints into coherent, effective policies. Back to section top Strategic Goals The Board has six primary strategic goals with interrelated and mutually reinforcing elements: conduct monetary policy that promotes the achievement of the Federal Reserve's statutory objectives of maximum employment and stable prices promote a safe, sound, competitive, and accessible banking system and stable financial markets administer federal consumer financial protection laws that fall within the Board's statutory authority, including those designed to encourage regulated financial institutions to help meet the credit needs of their local communities foster the integrity, efficiency, and accessibility of U.S. payment and settlement systems provide oversight of the Reserve Banks foster the integrity, efficiency, and effectiveness of Board programs and operations https://www.federalreserve.gov/publ...alues-and-goals-of-the-board-of-governors.htm
Does it matter if coinbase holds the crypto? Most people buying on coinbase are buying it as an asset and prefer coinbase keep custody. Not much different than FOREX. No one is expecting their broker to send them a bunch of foreign currency
Double Top and Bottom https://elitetrader.com/et/threads/...t-right-here-baby.335635/page-18#post-5309309
https://en.wikipedia.org/wiki/Coinbase Coinbase Products Coinbase offers products for both retail and institutional cryptocurrency investors, as well as other related cryptocurrency products. The company's products for retail traders include: Coinbase, a user facing app used to buy, store and trade different cryptocurrencies, such as Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic and Litecoin.[27] Coinbase Pro, a professional asset trading platform for trading a variety of digital assets. Coinbase Wallet, an app that allows customers to access decentralized crypto apps (dapps) using a dapp browser.[66] Coinbase's products for institutional traders include: Coinbase Prime, a platform dedicated to institutional customers.[38] Coinbase Custody, specialist level services for institutions that hold bitcoin and other cryptocurrencies with Coinbase. The service includes the use of an SEC-qualified custodian, third-party auditing and financial reporting validation, provided by Coinbase partners.[38] The company's other cryptocurrency-related products include: USD Coin, a digital stablecoin that lets customers put up U.S. dollars in exchange for a cryptocurrency that has the same value but can be traded more quickly.[40] Coinbase Card, a debit Visa card that allows customers to spend cryptocurrency anywhere Visa cards are accepted.[55] Coinbase Commerce, a payment service for merchants.[67] The company also offers an API for developers and merchants to build applications and accept payments in both digital currencies. As of 2018, the company offered buy/sell trading functionality in 32 countries,[68] while the cryptocurrency wallet was available in 190 countries worldwide.[69] Coinbase has a mobile app for both iOS and Android.[70][71]
https://www.coinbase.com/mission Our mission is to increase economic freedom in the world An open financial system will provide better access to financial services for everyone, and enable economic freedom for every person and business. Our priorities Be the most trusted We filter all decisions through the question: "Will this make Coinbase the most trusted name in our space?" Trust is the sum of every customer interaction. It requires world-class security, compliance, technology, support, design, and more. Be the easiest to use Digital currency is a powerful technology — but its benefits are limited by how easy it is for people to use. We excel at making great products that bring the benefits of digital currency to everyone. Our values Clear communication We share information efficiently, improving collaboration and productivity. We’re succinct, candid, and kind. We practice active listening. We talk to people directly about issues, instead of concealing or choosing gossip. Continuous learning We see every situation as an opportunity to learn. We’re more interested in learning than being right. We value giving and receiving feedback. We learn from and mentor those around us. Efficient execution We do our best work quickly by working smarter, not harder. We value completing tasks, instead of just talking about them. We prefer automation over manual work. We prioritize, focusing on the 20% that will get us 80% of the impact. Positive energy We’re optimistic about the future and determined to get there. We co-create solutions instead of choosing blame and criticism. We create moments of play at work. We take care of each other, and help each other grow.
Those two pizzas that were ordered cost 10,000 BTC. So what is the big deal? Why do all crypto nerds feel the need to compare the BTC to fiat currency, if BTC is the wave of the future? I still do not understand. You have two pizzas worth 10,000 BTC, because that is what you paid for them. Why can you not resell those pizzas back for 10,000 BTC? What...Did BTC suddenly drop in value compared to BTC? It is the same instrument you bought them with. Why are 10,000 BTC now not worth 10,000 BTC from the past? Ignore the comparison to fiat or any other form of currency.