[Finance] The cryptocurrency (Bitcoin etc) thread

[Tom Hark Preston Park]

All of my crypto are now being staked off of the main platforms. Hoping the high APRs will begin to offset short-term losses

This.

I just advance part-rebuffed 63.4% of my pre-PMC stake in Froff by 0.4 YTP against its reverse defragging level using a KoYn crosstrade – the ERIS version of course

 

[Bold Seagull]

The Dutch tulip bulb market bubble, also known as 'tulipmania' was one of the most famous market bubbles and crashes of all time. It occurred in Holland during the early to mid-1600s when speculation drove the value of tulip bulbs to extremes. At the height of the market, the rarest tulip bulbs traded for as much as six times the average person's annual salary.

Today, the tulipmania serves as a parable for the pitfalls that excessive greed and speculation can lead to.

If only someone had mentioned tulips on this thread before.

 

[schmunk]

If only someone had mentioned tulips on this thread before.

Well, it is Spring again...

 

[beorhthelm]

Luna at $0.02. would be degenerate to buy now, but if there were some bailout attempt or even a solid rumour of an attempt, $100 could give a significant return.

have invested on a lot worse basis.

 

[Tom Hark Preston Park]

Luna at $0.02. would be degenerate to buy now, but if there were some bailout attempt or even a solid rumour of an attempt, $100 could give a significant return.

have invested on a lot worse basis.

Keep telling yourself that. You know NOTHING

 

[Blue Valkyrie]

This.

I just advance part-rebuffed 63.4% of my pre-PMC stake in Froff by 0.4 YTP against its reverse defragging level using a KoYn crosstrade – the ERIS version of course [emoji106]

Interesting....

I'll keep that in mind.

 

[Berty23]

Luna at $0.02. would be degenerate to buy now, but if there were some bailout attempt or even a solid rumour of an attempt, $100 could give a significant return.

have invested on a lot worse basis.

I bought 20 quid’s worth at about 0.003. I figured that losing 20 quid is annoying (although the sky boost bet covered it from tonight) but if and that is a massive if it could even get back to one dollar then that is about 6 grand (it is late so I am probably wrong but third of a cent so one cent would be 60 quid so a dollar 6000). If it gets back to all time high I can retire. Obviously it is a massive long shot but but worse than lotto tickets.

 

[Bold Seagull]

A lot more green candles today.

 

[Berty23]

I bought 20 quid’s worth at about 0.003. I figured that losing 20 quid is annoying (although the sky boost bet covered it from tonight) but if and that is a massive if it could even get back to one dollar then that is about 6 grand (it is late so I am probably wrong but third of a cent so one cent would be 60 quid so a dollar 6000). If it gets back to all time high I can retire. Obviously it is a massive long shot but but worse than lotto tickets.

Looks like it is dead. Back to work for me. Ffs.

 

[Blue Valkyrie]

A lot more green candles today.

Is that good or bad ?

 

[beorhthelm]

Looks like it is dead. Back to work for me. Ffs.

yeah, couple of 0 added wrong way overnight.

 

[Bold Seagull]

Is that good or bad ?

If you want to see crypto die a painful death - bad. If you have an investment of some description - good.

 

[Marshy]

Wait for tether to unpeg... then the shit will really hit the fan

 

[PILTDOWN MAN]

This.

I just advance part-rebuffed 63.4% of my pre-PMC stake in Froff by 0.4 YTP against its reverse defragging level using a KoYn crosstrade – the ERIS version of course

Oh I agree

 

[Berty23]

Wait for tether to unpeg... then the shit will really hit the fan

Agree with this 100%. People have been discussing this for a while.

 

[Tom Hark Preston Park]

Wait for tether to unpeg... then the shit will really hit the fan

It already did briefly yesterday (see post #1874). Nose-dived to $0.95. Seems to have re-pegged now, before it blew up the entire crypto sector

 

[Marshy]

It already did briefly yesterday (see post #1874). Nose-dived to $0.95. Seems to have re-pegged now, before it blew up the entire crypto sector

99% of coins will go to Zero I have always said it.

If you can be on the winners though before regulation hits which is coming any day then the gains will be HUGE

 

[Tom Hark Preston Park]

99% of coins will go to Zero I have always said it.

If you can be on the winners though before regulation hits which is coming any day then the gains will be HUGE

Sorry, but that's just silly. They're ALL going to zero, just some quicker than others. They. Have. Zero. Utility. It's a shitstorm of shitcoins

 

[Blue Valkyrie]

If you want to see crypto die a painful death - bad. If you have an investment of some description - good.

I don't want to see crypto die a painful death as I don't want any shoe shine guys who were late to the party to be ruined.

I assume my pension isn't allowed to invest in crypto so I shouldn't have any exposure to it myself and can take a detached view I hope.

I don't understand it, have no idea what the underlying value is built on other than people convincing others they want to buy it, and the language absolutely baffles me lol.

 

[Tom Hark Preston Park]

I don't want to see crypto die a painful death as I don't want any shoe shine guys who were late to the party to be ruined.

I assume my pension isn't allowed to invest in crypto so I shouldn't have any exposure to it myself and can take a detached view I hope.

I don't understand it, have no idea what the underlying value is built on other than people convincing others they want to buy it, and the language absolutely baffles me lol.

There IS no underlying value. It's just MLM marketers trying to part The Greater Fool from their money so they can cash in their internet magic beans for real world money