Cryptocurrency Master Thread

[Pete]

Well unfortunately for you suckers, I’m never selling my BTC and ETH, so enjoy those hovering in mediocrity for the next 30 years.

Yeah, same.  I will add my juju to the curse.

[steve dave]

WLUNA

You’d have like $30 now if you pulled the trigger!

[Winters]

WLUNA

You’d have like $30 now if you pulled the trigger!

[Winters]

Thank you sir!

[DaBigTrain]

I feel like he really has the pulse of the whole industry he’s trying to regulate

https://twitter.com/brucefenton/status/1468678014045237251

[steve dave]

Thank you sir!

:-)

[steve dave]

lmao

I like it!

Question about this "staking" thing....does your asset continue to appreciate (the coin keep going up in value) when you stake it to earn interest on the stake?  Or are you "trading" capital gains on the asset for interest earned while staking or something?

hell yeah it does

The only "downside" is that you can't sell those coins while they are staked, I guess.

there is certainly risk out there. chase and citi aren't paying this. it isn't FDIC insured, you know? they ask crazy hair sam bankman-fried what would happen if their borrowers collateral coins go down 70%, 80%, etc. and if they stress test their models and he talks about how they'd liquidate the leverage out quickly and he is always confident about it but, like, can they do it that quickly? there is 100x leverage out there that can for sure blow up stuff pretty damn quick if crap hits the fan.

https://twitter.com/lawmaster/status/1468602949400244227

[XocolateThundarr]

lmao

I like it!

Question about this "staking" thing....does your asset continue to appreciate (the coin keep going up in value) when you stake it to earn interest on the stake?  Or are you "trading" capital gains on the asset for interest earned while staking or something?

hell yeah it does

The only "downside" is that you can't sell those coins while they are staked, I guess.

there is certainly risk out there. chase and citi aren't paying this. it isn't FDIC insured, you know? they ask crazy hair sam bankman-fried what would happen if their borrowers collateral coins go down 70%, 80%, etc. and if they stress test their models and he talks about how they'd liquidate the leverage out quickly and he is always confident about it but, like, can they do it that quickly? there is 100x leverage out there that can for sure blow up stuff pretty damn quick if crap hits the fan.

https://twitter.com/lawmaster/status/1468602949400244227

That dude looks like he would be greatly disappointed if his mom didn't restock the pizza rolls on her trip to the store tonight.

[steve dave]

I know! And he’s rich and powerful as crap! And he’s got a cool ass website that has tokenized equities so you can just trade Amazon stock all night and on holidays or whatever. And other wild stuff! And play with wild leverage and blow yourself up (or get rich AF)! Lot of it probably illegal as crap but nobody will just come out and say it/make it!

[steve dave]

This Plan B is some bullshit man

Yeah, he's going to have to come up with something.

getting dunked on by nerds

https://twitter.com/ercwl/status/1469370843918651396

[Spracne]

You know, it's hard out here for a pimp.

[steve dave]

THIS crap SUCKS GUYS!

[wetwillie]

Yea but what else is there to yeet into? 

[steve dave]

Yea but what else is there to yeet into?

kk currently has a massive energy boner so maybe that?

[kim carnes]

Yea but what else is there to yeet into?

Virtual land

[CHONGS]

https://www.superworldapp.com/

[wetwillie]

Yea but what else is there to yeet into?

Virtual land

Talk to me boss

[turnbull]

If you are on the Pi Crypto App . Make sure you verify your stuff otherwise you might lose your Pi. Mainnet is happening soon.

[Spracne]

If you are on the Pi Crypto current App . Make sure you verify your stuff otherwise you might lose your Pi. Mainnet is happening soon

It's posts like this that make me think I shouldn't have invested hundreds of millions of dollars into this crap based on stevedave's advice.

[sys]

Yea but what else is there to yeet into?

kk currently has a massive energy boner so maybe that?

i'd like to hear more about this, mr. katkid.

[IPA4Me]

Need more bull. Less bear.

Sent from my moto g power using Tapatalk

[Kat Kid]

Yea but what else is there to yeet into?

kk currently has a massive energy boner so maybe that?

i'd like to hear more about this, mr. katkid.

I think we are not at peak oil yet, oil stocks are cheap, dollar looks more likely to go down than up, oil companies are better positioned than ever to survive on low energy prices because of how they had to weather the pandemic, but energy prices have gone up so they are going to be doing share buybacks and big dividends as they are very profitable right now. because of supply constraints due to environmental regulation, OPEC+ and shareholders demanding returns after getting killed for over a decade I see the companies rewarding shareholders and not going crazy with cap ex and the XLE going higher. I have traded some of the individual names but I wanted broad exposure so that’s easy enough.

[sys]

i don't have a view on the dollar, but i agree with the rest of it.

[steve dave]

I own this NFT. under no circumstances are you to right-click save it or you will be sued by me. you are allowed to view it once (1nce) free of charge.


https://mlb.candy.com/collectibles/0d3c6941-0f69-457b-ad00-c6d405deae59

[Pete]

I own this NFT. under no circumstances are you to right-click save it or you will be sued by me. you are allowed to view it once (1nce) free of charge.


https://mlb.candy.com/collectibles/0d3c6941-0f69-457b-ad00-c6d405deae59

Crap, it's just a black screen when I view it.  How much does a second viewing cost?