Author Topic: Cryptocurrency Master Thread (Read 219392 times)

star seed 7 · « **Reply #2775 on:** April 29, 2021, 10:17:33 AM »

Quote from: steve dave on April 29, 2021, 09:48:07 AM

Should auction off the nft of the Arkansas thread at fatty fest

wetwillie · « **Reply #2776 on:** April 29, 2021, 10:53:52 AM »

NFT haters are the best. They will look like people who said the internet was a fad.

DaBigTrain · « **Reply #2777 on:** April 29, 2021, 11:27:42 AM »

Quote from: wetwillie on April 29, 2021, 10:53:52 AM

NFT haters are the best. They will look like people who said the internet was a fad.

The top shot NFTs are about the stupidest thing I could ever think of.

Dr Rick Daris · « **Reply #2778 on:** April 29, 2021, 02:30:32 PM »

Canadian friend of mine lucked into a bag of mantic before it shot up. Also and I probably don’t understand this all but btc kind of scares the crap out of me and I don’t know that I’ll ever purchase it again. Anyone can make a coin and call it currently. Take doge for example. Elon and Cuban pump it and people buy it. That means that there are now less people buying btc and I believe (have no idea) that it has absolutely effected the price/lack of gains over the past few weeks. What happens when jake Paul comes up with his own coin or if republicans decide they are anti btc and come up with a freedom fighter coin. crap there are sports teams now that already have coins. Eth and eth related products seem like a safer long term play. Someone smarter please tell me why I’m wrong.

wetwillie · « **Reply #2779 on:** April 29, 2021, 02:58:48 PM »

ETH type platforms are very good I agree. I think Flare Networks and Cardano might end up stealing a lot of share from ETH but your point is valid.

Dr Rick Daris · « **Reply #2780 on:** April 29, 2021, 03:21:19 PM »

Quote from: wetwillie on April 29, 2021, 10:53:52 AM

NFT haters are the best. They will look like people who said the internet was a fad.

One of the smartest guys I know (duke mba) was mocking nfts the other week and I told him pretty much the same thing.

catastrophe · « **Reply #2781 on:** April 29, 2021, 03:43:25 PM »

The nerds I have talked to say BTC has some unique advantages, #1 being it was first to market and has major brand recognition.

Other than that it has a defined, finite supply. So while you can argue over whether it’s worth jack as an actual currency, it’s also an attractive and obvious option to replace gold as a worldwide, fixed standard of worth and a solid hedge against inflation.

Ethereum is attractive due to its functionality I think, but I also have no reason to believe it wouldn’t co-exist with BTC. Other coins could serve niche purposes too.

Dogecoin as far as I can tell is just a prime example of what unregulated markets can give you.

Dr Rick Daris · « **Reply #2782 on:** April 29, 2021, 03:54:23 PM »

Quote from: wetwillie on April 29, 2021, 02:58:48 PM

ETH type platforms are very good I agree. I think Flare Networks and Cardano might end up stealing a lot of share from ETH but your point is valid.

Well well well, can’t say that I would’ve pegged WW as an ADA fanboy but here we are

steve dave · « **Reply #2783 on:** April 29, 2021, 03:55:10 PM »

some guy on the odd lots podcast the other day said something like:

I have 99% confidence that nothing will replace BTC at what BTC is (defined store of value) but a greater than 50% that something will replace ETH at what ETH is/does (whatever ETH is/does).

But I've still only been buying ETH for like the last month. I didn't sell any BTC, just quit adding to it.

wetwillie · « **Reply #2784 on:** April 29, 2021, 04:16:58 PM »

Quote from: Dr Rick Daris on April 29, 2021, 03:54:23 PM

Quote from: wetwillie on April 29, 2021, 02:58:48 PM
ETH type platforms are very good I agree. I think Flare Networks and Cardano might end up stealing a lot of share from ETH but your point is valid.

Well well well, can’t say that I would’ve pegged WW as an ADA fanboy but here we are

Hoskinson is like Elon Musk level brilliant and equally cringey on twitter. I’m really more of a Flare fanboy though. Do you like ADA?

bucket · « **Reply #2785 on:** April 29, 2021, 05:27:23 PM »

https://twitter.com/axios/status/1387882130907099136

You love to hear it.

wetwillie · « **Reply #2786 on:** May 01, 2021, 12:12:14 PM »

ETH so hot, so so hot.

steve dave · « **Reply #2787 on:** May 01, 2021, 02:35:52 PM »

Quote from: wetwillie on May 01, 2021, 12:12:14 PM

ETH so hot, so so hot.

It’s fiery like a hot sun

Sent from my iPhone using Tapatalk

catastrophe · « **Reply #2788 on:** May 02, 2021, 02:04:54 PM »

Is staking ETH on coinbase a good idea? Asking for my past self.

wetwillie · « **Reply #2789 on:** May 02, 2021, 02:25:33 PM »

You can get about 5% on blockfi what does cb offer?

catastrophe · « **Reply #2790 on:** May 02, 2021, 02:55:59 PM »

6% but it's tied up for an indeterminate amount of time. That's not really a minus for me because I do not plan on selling even if it starts to tank.

I also am still suspicious of blockfi since it has a definite too good to be true aura about it.

steve dave · « **Reply #2791 on:** May 02, 2021, 02:59:38 PM »

Quote from: catastrophe on May 02, 2021, 02:55:59 PM

6% but it's tied up for an indeterminate amount of time. That's not really a minus for me because I do not plan on selling even if it starts to tank.

I also am still suspicious of blockfi since it has a definite too good to be true aura about it.

I was saying that to kk just the other day.

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DaBigTrain · « **Reply #2792 on:** May 02, 2021, 03:15:50 PM »

Quote from: steve dave on May 02, 2021, 02:59:38 PM

Quote from: catastrophe on May 02, 2021, 02:55:59 PM
6% but it's tied up for an indeterminate amount of time. That's not really a minus for me because I do not plan on selling even if it starts to tank.

I also am still suspicious of blockfi since it has a definite too good to be true aura about it.
I was saying that to kk just the other day.

Sent from my iPhone using Tapatalk

It also goes against the entire premise of having control of your money and not having some third party have custody of it. If you actually believe in what Bitcoin was created for tho, I guess.

Kat Kid · « **Reply #2793 on:** May 02, 2021, 04:45:29 PM »

I don’t have very much crypto on blockfi, but I think a 10% interest rate on stablecoin is good. Call me crazy.

catastrophe · « **Reply #2794 on:** May 02, 2021, 04:49:51 PM »

Quote from: Kat Kid on May 02, 2021, 04:45:29 PM

I don’t have very much crypto on blockfi, but I think a 10% interest rate on stablecoin is good. Call me crazy.

So were the returns madoff’s investors were getting.

wetwillie · « **Reply #2795 on:** May 02, 2021, 06:39:33 PM »

Quote from: catastrophe on May 02, 2021, 04:49:51 PM

Quote from: Kat Kid on May 02, 2021, 04:45:29 PM
I don’t have very much crypto on blockfi, but I think a 10% interest rate on stablecoin is good. Call me crazy.
So were the returns madoff’s investors were getting.

Heard it here first folks, blockfi is a Ponzi scheme.

DaBigTrain · « **Reply #2796 on:** May 02, 2021, 06:47:20 PM »

DaBigTrain · « **Reply #2797 on:** May 02, 2021, 06:48:58 PM »

My cousins husband informed me of a doc on Amazon called Cryptopia. Just finished it and only complaint is giving Roger Ver and Craig Wright any screen time. I mean I guess they should have an opinion but I almost punched their faces on my TV screen.

DaBigTrain · « **Reply #2798 on:** May 02, 2021, 07:21:27 PM »

As it’s on the precipice of $3000 a piece, I will finally share my first ever ETH buy just testing out how buys worked. It’s already documented how it went after this. LOL

catastrophe · « **Reply #2799 on:** May 02, 2021, 07:31:58 PM »

Quote from: wetwillie on May 02, 2021, 06:39:33 PM

Quote from: catastrophe on May 02, 2021, 04:49:51 PM
Quote from: Kat Kid on May 02, 2021, 04:45:29 PM
I don’t have very much crypto on blockfi, but I think a 10% interest rate on stablecoin is good. Call me crazy.
So were the returns madoff’s investors were getting.

Heard it here first folks, blockfi is a Ponzi scheme.

I was more thinking whatever you call these shenanigans: https://www.cnbc.com/2021/04/23/bitcoin-btc-ceo-of-turkish-cryptocurrency-exchange-thodex-missing.html