Anyone here day trade Cryptocurrency?

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They need to make penalties for stuff like that HUGE... but they won't because rich people are involved.

For example:

Glaxo Smith Kline had the largest ever pharmaceutical judgement against them in history in 2012 - it was $3 billion. $2 billion civil and $1 billion criminal.

Their annual revenue that year was $41.89 billion.

Pfizer had the 2nd largest ever at $2.3 billion in 2009.

Their reported revenue for the year was $50 billion.


I know that it isn't identical but it is still 'stuff that rich people get away with'.



By the way... EthereumMAX has absolutely nothing to do with the real Ethereum company.
 
Aaaaand...speaking of Ethereum, I sold 3 ETH today and distributed the proceeds into mostly Polygon (MATIC) and Solana (SOL) with a minor amount going to Polkadot (DOT).

I don't know if I mentioned it before but when I doubled in SHIB, I sold half to get my investment out, let the rest of the SHIB ride and bought Polygon (MATIC), so it's no 'moon bag' but it's building up a little.

MATIC is a good way to play Ethereum, best to check this if interested:

https://decrypt.co/resources/what-is-polygon-matic-and-why-it-matters-for-ethereum
 
Closing in on a month with no new posts so here's a notable one:

SAN DIEGO, Feb. 04, 2022 (GLOBE NEWSWIRE) -- California-based, craft superfood chain, Everbowl™ (https://www.everbowl.com), will now run its business operations off the Bitcoin Standard and is converting cash reserves to Bitcoin.

As Founder and CEO, Jeff Fenster explains, "We've concluded that running the business exclusively on cash isn't the most advantageous, nor the safest, method of running a business in 2022 and beyond. Also, I understand that it is still early in terms of corporate adoption, as well as governmental adoption of Bitcoin, but we plan to make a contribution to this cause by leading with our example. A disruptive growth company should always position itself ahead of the pack and take the lead by adopting new technologies early rather than late. We believe it's a matter of "when," not "if," that Bitcoin Standard will become the Gold Standard."

As part of their decision to move to Bitcoin, Everbowl says it conducted research and spoke with its advisors about the options available for both their treasury as well as how to run the company on a go-forward.

Fenster continues, "As CEO, it is my responsibility to constantly keep an eye out for threats facing the company. In light of the excessive debasement of the U.S. dollar coupled with a 39-Year high inflation rate, we knew we had to rethink our treasury strategy. Upon learning more about the Bitcoin Standard and exploring the path ahead, it became more apparent that our organization must adopt it. The value of the cash within our company is eroding at an unsustainable rate. I strongly encourage all business leaders to at a minimum do their own research on Bitcoin to better understand the strategy."
 
It’s nice to see some recovery after a pretty steep drop.

it’s good to see companies like this switch things up. If nothing more, it will be a great financial experiment to track over time
 
Hey it's going OK. I am getting a leg up on COVID (I think) and I was pretty sure that Captain d!ck whack was going to go in to Ukraine so I sold all of my ETH.

Then Catain d!ck whack proceeded to go in so that caused the markets to plunge. I promptly bought $5 000 each of MATIC, ADA, DOT. I just decided to leve the rest on the sidelines for now.

How have things been with you?
 
BitCoin will be able to be used with the Strike App on any Shopify store, anyone using BlackHawk payment system or NCR. This allows retailers to open the doors to crypto sales (because the crypto is converted to fiat just prior to sale) and avoid paying the 3% that they have to pay credit cards.

Pretty big development and more developments happening all of the time.
 
I threw a tiny amount of money into a crypto trading account because they offered up a matching amount for opening the account.
I have traded a few things and basically broke even. Then put it all in ADA and it’s been all downhill since. LOL

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