Sold half of my ETH holdings last week and I'm contemplating spoiling myself and buying a Kermit.... or perhaps buy back in today seeing they've dropped nearly 20% since I sold.
Such a hard choice.
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Sold half of my ETH holdings last week and I'm contemplating spoiling myself and buying a Kermit.... or perhaps buy back in today seeing they've dropped nearly 20% since I sold.
Such a hard choice.
Michael Jackson is online
Well, if you followed Druff's advice you probably sold Bitcoin before it hit $100.Quote:
Originally Posted by Daly
Sorry if this bump comes off as breaking balls (ok maybe a little bit). I guess it just goes to show how long this thread has been going.Quote:
Originally Posted by Dan Druff
If you followed Micon's advice and put everything into Bitcoin Cash you may have doubled or tripled your money.
No Risk, No Reward.
https://pbs.twimg.com/media/EZXgWPWXgAASORp.jpg
today is a fun day to be holding Algorand everything else not so much lol
I never use stable coins myself will just HODL to infinity.
But I feel like when there are big drops everyone rushes to tether (not to be confused with the scam coin in the other thread) or usd coin.
That money will come back to btc/eth/whatever, but maybe take a month.
'Why are they snooping on an average Joe over a $600 payment': Fury as Biden tries to let IRS SNOOP on your bank accounts, Venmo, PayPal and crypto deals in plan that could 'violate the Fourth Amendment'
https://www.dailymail.co.uk/news/art...-accounts.html
Cryptocurrency exchanges, Banks, and Paypal already report you to the IRS. Do they really need to report every transaction?Quote:
The proposal would require banks to report to the IRS every deposit and withdrawal from an account in order to target audits
The IRS estimates that compliance on taxes due on wages is 99% while compliance on 'less visible' sources of income is only 45%
The plan would most especially affect the self-employed, who self-report their income and deductions, and the wealthy
Banks are largely against the proposal, which they say would impose onerous reporting requirements on institutions for little benefit
https://pokerfraudalert.com/forum/at...entid=18615&d=
Bought back in and increased my total holding by nearly 10%
Ceramic kermit can wait. 🙂 Minimum 6 month waiting list anyway at the moment, less you pay overs on the secondary market.
I'll probably never get one anyway it was an impulse decision.
Crypto crash and market crash on the same day.
Ouch.
China going hard at bitcoin:
https://www.cnbc.com/2021/09/24/chin...-industry.htmlQuote:
In a Q&A posted to its website, the People’s Bank of China said services offering trading, order matching, token issuance and derivatives for virtual currencies are strictly prohibited. Overseas crypto exchanges providing services in mainland China are also illegal, the PBOC said.
“Overseas virtual currency exchanges that use the internet to offer services to domestic residents is also considered illegal financial activity,” the PBOC said, according to a CNBC translation of the comments. Workers of foreign crypto exchanges will be investigated, it added.
:kermit
china announces a crackdown on crypto every few months it seems, at some point china anti crypto news will have the same impact as elon musk tweets
Well BTC is down 8% since the news, and ETH down 10%, so there's still plenty of impactQuote:
Originally Posted by JACKDANIELS
Bitcoin is legal in El Salvador and some other shit-hole countries may adopt Bitcoin soon.
Micon should consider moving there.
https://www.the-sun.com/wp-content/u...-GRAPHIC-1.jpg
Considering this is the "official seriously trust us 9th ban" by China - this card can't be played by our media to fud Bitcoin anymore, so it's actually a good thing.
Today is also a Bitcoin futures Friday. . .
recent Chinese boycott of “sissy” boy bands and effeminate men on television, the end of reality talent shows and a ban on vulgar social media influencers among a raft of other measures.Quote:
Originally Posted by VaughnP
Zero pronoun problems. Together with the Bitcoin ban this sounds like a PFA utopia.
Shit is getting real over there
My friend sent me some Solana to start minting. The community is absolutely insane. The key is finding the right NFT developers that have lots followers. Honestly I just ask him for which ones to do. Mints that cost 0.2 SOL literally selling for 1 SOL the next day. You need to have several wallets/windows at once though cause the mints only have 5k copies and they well out in a few seconds. Like the old days of trying to get concert tickets online.
I can;t imagine a market like this lasts long. which is exactly why you want to be minting instead of buying. As long as these mints have such high demand there is very little risk.
Won't they at some point flood the market with whatever it is they're minting and cause a crash?Quote:
Originally Posted by BetCheckBet
Quote:
Originally Posted by country978Won't they at some point flood the market with whatever it is they're minting and cause a crash?Quote:
Originally Posted by BetCheckBet
https://pbs.twimg.com/media/FAqoHc5W...png&name=small
LuLaRich Sonatine.
Which is exactly why you mint for say 30-200 bucks and immediately sell within a few days. It seems pretty clear here that going long is a horrible bet. Which really surprises me how many people are eagerly buying this fresh minted trash.Quote:
Originally Posted by country978Won't they at some point flood the market with whatever it is they're minting and cause a crash?Quote:
Originally Posted by BetCheckBet
Also interesting to see how impractical ethereum is with the amount of fees associated. Would be interested to hear someone explain how such a crypto with such properties has any useful value.
Also been using this website
https://howrare.is/drops
ETH is moving to proof of stake so the fees will tank.Quote:
Originally Posted by BetCheckBetWhich is exactly why you mint for say 30-200 bucks and immediately sell within a few days. It seems pretty clear here that going long is a horrible bet. Which really surprises me how many people are eagerly buying this fresh minted trash.Quote:
Originally Posted by country978
Also interesting to see how impractical ethereum is with the amount of fees associated. Would be interested to hear someone explain how such a crypto with such properties has any useful value.
ETH has more projects than Solana but it will all depend on how fast they can get the upgrade through.
There's room for visa, mastercard, amex. Bitcoin is gold, and eth/sol/who knows what will be for transactions.
Currently it's old, reliable and "stable". ERC-20 tokens and other minting related things like NFTs gave it relevance.Quote:
Originally Posted by BetCheckBetWhich is exactly why you mint for say 30-200 bucks and immediately sell within a few days. It seems pretty clear here that going long is a horrible bet. Which really surprises me how many people are eagerly buying this fresh minted trash.Quote:
Originally Posted by country978
Also interesting to see how impractical ethereum is with the amount of fees associated. Would be interested to hear someone explain how such a crypto with such properties has any useful value.
Slightly less scams in ERC-20 tokens than with BNB based tokens, because they cost more to make, transactions cost a lot and everything is insanely slow.
I think they are looking to upgrade to Ethereum 2.0 maybe next year. Proof of stake and sharding are the main features. Meaning they use validation method that uses less than all of the energy and will run 64 parallel chains (Ethereum 1 being just one of them).
As is it obv doesn't scale in any meaningful way and mostly runs on name recognition.
does anyone care to speculate as to where bitcoin is going from here?
Quote:
Originally Posted by country978
Yes. I feel its going to go either way up or way down over time.
Godspeed. Hopefully this helps.
On a completely unrelated note, earlier today I just bought a little over 12 million Shibu inu
Why? Well...In a Dave Chappelle voice...
Because FUCK IT...THAT'S WHY.
Recently I was doing nothing but laughing at the whole Shibu thing. The market cap...the coins in circulation...EVERYTHING.
Everything is fucking ridiculous about this memecoin, But i said screw it and just bought some earlier Monday and its increased a bit. It was a lot more but it pulled back (like any spike would).
Its still currently a little more than when I bought in. I never thought id ever do this but, well...here i am. Im kind of hoping that something ridiculous happens and a massive more amount of coins are burned like they were in the past months so it maybe increases the price. Im not keeping my hopes up that it will go anywhere, but in this current crazy twilight-zone fucked up world i guess i might as well take a shot, right?
You got lucky. SHIB had its moment in the sun in early May, then it crashed big time, and was on a general decline ever since. It was one of the many 2021 shitcoins to be a fraction of a penny, with investors thining, "If it only gets to 1 cent.. I'll be rich!"
Elon Musk posted a picture of his shiba inu dog, and all of a sudden the coin got revitalized, and spiked up like 30%. Nowhere near the May high, but looks like you made some money. If it starts to slip again, I'd dump it.
Im well aware that Musk had much to do with the spike. Im also well aware how much of a shitcoin it is. Im gambling...
Perhaps kind of like the whole Doge train you were on and even made a thread about...
Well Bitcoin Specifically is theoretically buying a Top here now actuallyQuote:
Originally Posted by country978
10 years ago a coin was ~$150-100 and lol, if you went on and on about Bitcoin or even bigger picture Cryptocurrency, people head fall to side, eyes roll, thinking this one a lunatic, i was that one for a bit, anyway the point is whether you agree with, like ir or not fact is this. Cryptography and so Cryptocurrency, and Bitcoin is flawless and in many cases like Bitcoin Blockchain also is, public ledger. Tat public ability to everyone, be able to view every transaction, and no there is no way no chance, a fraud in ths, is everything I think.
That public ledger ability, which everyone can confidently view and see, it happened, its real, its not a fraud this is what Blockchain Technology at least Transactional alone, offers us all. We dont need human error anymore, them days are over imo enter Blockchain Technology, and Cryptography this stuff is flawless, and the only downside i really, honestly see in this all, is how it does send us humans to the unemployment line, that snot good over time. Cryptography too good, we dont need human error now when it can all function this way now.
Point Blank and wholly, societally, we are at a point with Cryptography, and so Blockchain Technology that it doesn't matter what you personally, think about it all, or how you feel about. Its flawless, and public so its already here, get used to it your too late to get bitcoins now lol, but maybe not to lare to try on the Ethereum Blockchain now, but really point is this Crypto is now an Asset Class all of its, NYSE, Commodities, Crypto etc etc, the world has already changed I hope you alll understand this reality now, and this does make us as a whole faster, better, Cryptography in time gonna send us lowly humans to the unemployment line, unfortunately, it's inevitable human vs Cryptography, we go to unemployment line haha, which is bad obviously
anyway fun stuff lotta changes happening theses days its fun I think =)
shut up garrett
Quote:
Originally Posted by Gordman
shib mooned because elon posted a pic of his shiba puppy.
youre over thinking this.
Its been quite awhile I've been thinking holding cash as opposed to bitcoin does not make fiscal sense and also that at some point soon if we're not there already nobody is going to feel truly diversified without owning some. I bought for the 1st time about 2 months ago at 41k, more at 47 and a little more today at 50,200ish. Sure I'd love to be able to tell you I bought a lot at 100 but its not too late to make a respectable return IMO.Quote:
Originally Posted by garrettWell Bitcoin Specifically is theoretically buying a Top here now actuallyQuote:
Originally Posted by country978
10 years ago a coin was ~$150-100 and lol, if you went on and on about Bitcoin or even bigger picture Cryptocurrency, people head fall to side, eyes roll, thinking this one a lunatic, i was that one for a bit, anyway the point is whether you agree with, like ir or not fact is this. Cryptography and so Cryptocurrency, and Bitcoin is flawless and in many cases like Bitcoin Blockchain also is, public ledger. Tat public ability to everyone, be able to view every transaction, and no there is no way no chance, a fraud in ths, is everything I think.
That public ledger ability, which everyone can confidently view and see, it happened, its real, its not a fraud this is what Blockchain Technology at least Transactional alone, offers us all. We dont need human error anymore, them days are over imo enter Blockchain Technology, and Cryptography this stuff is flawless, and the only downside i really, honestly see in this all, is how it does send us humans to the unemployment line, that snot good over time. Cryptography too good, we dont need human error now when it can all function this way now.
Point Blank and wholly, societally, we are at a point with Cryptography, and so Blockchain Technology that it doesn't matter what you personally, think about it all, or how you feel about. Its flawless, and public so its already here, get used to it your too late to get bitcoins now lol, but maybe not to lare to try on the Ethereum Blockchain now, but really point is this Crypto is now an Asset Class all of its, NYSE, Commodities, Crypto etc etc, the world has already changed I hope you alll understand this reality now, and this does make us as a whole faster, better, Cryptography in time gonna send us lowly humans to the unemployment line, unfortunately, it's inevitable human vs Cryptography, we go to unemployment line haha, which is bad obviously
anyway fun stuff lotta changes happening theses days its fun I think =)
Quote:
Originally Posted by sonatineQuote:
Originally Posted by Gordman
shib mooned because elon posted a pic of his shiba puppy.
youre over thinking this.
I know about the whole pic posting. That is mostly the reason why I decided to roll the dice.
Btw, It spiked pretty hard shortly after I made the first post. If I didn't fall asleep I would have surely cashed it out then for a +100% gain and waited for the pullback.
Oh well.
SHIBA 37 bucks worth... be 80k soon!!!
i have 20 mil of those. hope it goes a lot higher tooQuote:
Originally Posted by shoeshine box
Im still in lol!
Its all so ridiculous, but as long as idiots keep clicking the buy button and feeding the pump without understanding the shares outstanding, market cap, and the fact that this shitcoin is in fact shit etc, its all good!
In total i think the original investment was about $150. (I wish i knew the true cost but Coinbase sucks ass bigtime with informing users of certain info - and Ive become convinced over months that they do this on purpose to cloud up info and confuse users for their own financial gain - but that whole bit is another story for another day)
I have coinbase too and also not a fan. Their fees are so expensive. I bought SHIB only because bitcoin has given me such a great return and I felt like speculating. I'm up nicely since. If I get to a double I'll cash out my stake and keep half for free. A big IF of course.Quote:
Originally Posted by GordmanIm still in lol!
Its all so ridiculous, but as long as idiots keep clicking the buy button and feeding the pump without understanding the shares outstanding, market cap, and the fact that this shitcoin is in fact shit etc, its all good!
In total i think the original investment was about $150. (I wish i knew the true cost but Coinbase sucks ass bigtime with informing users of certain info - and Ive become convinced over months that they do this on purpose to cloud up info and confuse users for their own financial gain - but that whole bit is another story for another day)