Crypto

Cheesy topics (like the Cheese Curds thread) go here. Topics that aren't Packer related will be moved here as well.

Mmmm.... cheese.

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TheGreenMan
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Post by TheGreenMan »

I think I get more enjoyment from doubters during dips, than me actually buying more.

As of December 2020, crypto has been declared dead 390 times since 2010.

:munch:
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Drj820
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Post by Drj820 »

im addicted to buying dips.
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BF004
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Post by BF004 »

Drj820 wrote:
19 May 2021 20:40
im addicted to buying dips.
I do like them.

I have such long term conviction, my only goal is to accumulate as many coins as I can in like the next 5 years.

I like seeing the big highs so I know it’s still headed there, then I love these big dips so I can pump.

Sadly monday was also tax day, so my available play money has been way down lately in anticipation. But getting eth for under 2k this morning too much of a brainer.

Coming down again right now. Thinking of throwing out some 18, 19 and 20 dollar limits on link tonight in case there is one of those big 15 minute dips again.
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texas
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Post by texas »

BF004 wrote:
19 May 2021 08:26
Raise your hand if you got more eth today under 2,000?

🤚🏼
me

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TheGreenMan
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Post by TheGreenMan »

How many times has China "banned" crypto now?
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TheGreenMan
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Post by TheGreenMan »

Hold onto your asses fellas.
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texas
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Post by texas »

TheGreenMan wrote:
23 May 2021 21:59
Hold onto your asses fellas.
I'm diamond hands

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BF004
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Post by BF004 »

As someone who’s goal it is to collect as many coins as I can in the next 5 years. I like buying the dips and I’m damn sure not gunna be selling.



Got some more link at $22 though.
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Drj820
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Post by Drj820 »

This stuff with Bitcoin and El Salvador is hilarious. Basically the president made it legal tender there, and for 3 BTC you can become a permanent resident of El Salvador. He’s trying to attract tech entrepreneurs. Smart play. It’s just hilarious bc El Salvador has such a bad reputation there is no way in hell any body is signing up to move there ha. I do appreciate his efforts tho.

I know nothing about El Salvador other than it’s known as the home of MS13 and other gang violence. Might be some nice areas ha
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texas
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Post by texas »

I hate the media. This is a fake narrative to promote the goals of the elites. Nobody who gets into crypto is anything other than libertarian.

https://www.msn.com/en-us/money/markets ... ar-AAKUUaG

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texas
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Post by texas »

Another one. They're shameless. It's that old line: they're lying, you know they're lying, they know you know they're lying, yet they continue to lie.

https://www.reuters.com/technology/warr ... 021-06-09/

Also this plus her remarks on GME earlier this year, plus her 2020 maneuvering to make sure Bernie got the toughest draw possible against Biden should remove any doubt that she has always been an establishment plant.
U.S. Senator Elizabeth Warren on Wednesday called on U.S. policymakers to directly tackle issues presented by the growing use of cryptocurrency, while saying a Federal Reserve-backed digital currency shows “great promise.”

Democrat Warren, a prominent Wall Street critic and consumer advocate, said cryptocurrency's promise of boosting everyday Americans has failed to materialize, and instead the government must act to address a host of problems.

"Cryptocurrency has created opportunities to scam investors, assist criminals, and worsen the climate crisis," she said at a congressional hearing.
Anyone years ago could have predicted the playbook (and me and many others did): "Crypto is dangerous and we need to ban/regulate it for your safety. The only crypto that you're allowed to trade is the one that we control."

wallyuwl
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Post by wallyuwl »

The Deep State's biggest wet dream is to have a cashless society where the only currency is a digital Fed Res backed and distributed one. Every transaction tracked. Every account can be hacked by the feds.

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BF004
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Post by BF004 »

Control what you fear and don’t understand.

GOV 101
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Captain_Ben
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Post by Captain_Ben »

Hey [mention]BF004[/mention] , you still as bullish on BTC?

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BF004
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Post by BF004 »

Captain_Ben wrote:
22 Jul 2021 11:10
Hey @BF004 , you still as bullish on BTC?
I think this long bear market will continue for a few more months, just parroting what I’ve heard. Which I like, I’m still tossing like $100 a paycheck into Chainlink, occasionally ethereum. Just more coins for me. 😉

I’m hoping for like the long term 5-10 years gains on crypto in general which I am super bullish on. Great time to pump it right now though.

I was not pumping it a while back when it was ripping, always hate chasing things when they are moving really good, which is hard though. fomo is real.
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Post by paco »

So what are all the cool kids buying for Crypto these days? Crypto is finally available on the platform I use. Haven't dug into stuff yet to see what's what.

So tell me, where can I make my millions? Or at least enough for a beer or 2.
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BF004
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Post by BF004 »

paco wrote:
14 Oct 2021 11:51
So what are all the cool kids buying for Crypto these days? Crypto is finally available on the platform I use. Haven't dug into stuff yet to see what's what.

So tell me, where can I make my millions? Or at least enough for a beer or 2.
Order of my holdings,

LINK
ETH
BTC
DOT
BNT


Only 5 I hold at the moment. Eth and Dot my best performers.
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Captain_Ben
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Post by Captain_Ben »

From what I read, Ethereum seems to be the coin with the most positive sentiment surrounding it. I bought 2 coins a couple years back and sort of forgot about them. I figure if it gets to where Bitcoin is now, then I'll sell and be happy haha.

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salmar80
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Post by salmar80 »

Personally, if I had any assets, I'd put some extremely safe right now, like in boring gold.

I really, really don't like it, when they're building more luxury apartments than there are people who can even theoretically pay for them. Whether in Finland, the US or in China.

Some level of a crash is coming.
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BF004
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Post by BF004 »

salmar80 wrote:
14 Oct 2021 16:52
Personally, if I had any assets, I'd put some extremely safe right now, like in boring gold.

I really, really don't like it, when they're building more luxury apartments than there are people who can even theoretically pay for them. Whether in Finland, the US or in China.

Some level of a crash is coming.
They wouldn’t build them if they weren’t planning on being profitable, bringing down rent costs for everyone if there is a surplus of housing. That isn’t a bad problem. Unless it is coming from a central planning direction, then the equilibrium likely to be off and you could have problems. Not sure what it’s like in Finland, have a better idea in China. But in the US, if anything, it’s too difficult to build apartments buildings in the US, driving rent costs sky high an increasing homeless population.

Don’t have a link or video off the top of my head, but check out some stories on San Francisco and their controls on the rental world there and the unintended consequences, such as unsustainable rent costs and extremely high homeless populations. They literally will not let thousands of willing builders build for millions in need of more affordable housing.
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