Ah I meant what’d you think about the Udi and Cobie pod? Also the Saylor/Breedlove podcast series on What is Money is my favorite longform podcast intro to btc. Most in here tend to dislike Saylor, but I think he’s ridiculously smart and that the series is excellent. Worth listening to if you’re killing time in the car…just skip the Breedlove recaps at the end. Those are worthless.
Because so much money laundering is happening with crypto. Almost feels like a direct reaction to mitigate the pandora papers
Fair. Just trying to figure out wtf I’m doing and diversifying as best I can, while trying to not appear, or come across as, a 34 year old boomer in the making.
I was a 32 year old boomer like a year ago. Gotta start somewhere. Everybody has different rules for their portfolio allocation and the associated risk dependent on market cap. I tend to stay away from small/micro caps but you could define those differently than I do.
Disagree with us only seeing a minor consolidation so far and not dipping below the $53k high we saw last month. Will obviously wait to see where we land on the weekly, but definitely promising that it wasn’t and immediate retraction considering how quickly we busted through resistance levels yesterday
Did anyone on here first get into BTC based on this article back in June 2011? I think this caused the biggest short time frame % change in value of any one event in crypto history. https://www.gawker.com/the-underground-website-where-you-can-buy-any-drug-imag-30818160
I was buying shit off the Silk Road around that time. Honestly probably found it because of this board so don’t recall the article.
My roommate back in college bought some stuff from the silk road. I remember him having a handful of bitcoins when it hit like $800 or something and we thought he was a made man.
I bought 12 BTC I remember for the first time for $8 each. Sadly, it wasn’t used for an investment for me at that time.
Meh. I don’t predict short term or care about TA at all. I subscribe to the “it’s going up forever” school. And my timeframe for holding is somewhere between 10 years and forever. So short term is validating but unimportant.
Dude is a libertarian who created a black market and paid to have someone murdered. I hope he rots in a gulag for the rest of his life. Pls don’t die on a dumbass hill for Ross fucking Ulbricht
I thought it was pretty spot on…it definitely gave me an insight into the Bitcoin universe, and how information spheres are crazy distinct within crypto. Udi saying he went to a Bitcoin dev conference and 2/100 people had heard of Uniswap was mind blowing. To me, vast majority of the crypto innovation is happening outside Bitcoin and for them to dismiss some of it / or to be genuinely perplexed as to why people would build on anything but Bitcoin was really revealing. I also wasn’t around in 2017 during block size wars and ICO scams which got talked about a lot and it seems like distrust of other digits assets stems a lot from that which is understandable.
Definitely should serve time for the murder for hire plot. Should the creator of Craigslist be held responsible for illegal good sales/trades or murders that originate from the site?
Makes sense. I just view the innovation thing differently. Defi, nfts, etc. are definitely changing how people interact with the world. But an entire country just made btc legal tender and holds it as a reserve asset. They’re using the lightning network daily for tons of transactions. A ton of public companies now hold btc. The way that btc mining will interplay with excess energy from oil/gas/energy companies is a massive shift in an incredibly important sector. I could go on, but I think you get the point. Btc is playing out on a worldwide and much more important scale than everything else imo.
Should definitely serve time for murder for hire he plotted and his dumb ass thought was carried out and completed* and also serve time for creating a website he knew was illegal and believed should be legal even despite knowing all the different possibilities of what was and could be sold on it* and also millions upon millions of dollars worth of tax evasion* (and I’m pretty sure money laundering). And I’d have to hear more about what all went into the creation of CL to answer your question.
This is a fantastic read on Silk Road. The author was on Rusillo's podcast sometime back and it was a good listen as well.
I saw an article that said something like 9/10 of first time crypto people buy ADA bc Hotchinson or whatever his name is, is really good at explaining things and has a great passion people can get behind. My first purchase was LTC because it was only like $25 and I could buy 20 of them. I was intimidated by BTC and purchasing a fractional share. I realized I was being an idiot after the price was above 5k and didn't buy very much :(
I saw this quote over the weekend on Shiba and it really made me think about Shiba's quadrillion supply. "Just saying, one quadrillion seconds is about 32 million years," he tweeted. "One quadrillion days is 2.7 trillion years, or ALL of TIME, from the beginning of the universe, multiplied by 71,000. In other words, pointless." https://markets.businessinsider.com...shiba-inu-crypto-meme-token-pointless-2021-10
I threw like $600 at it a few months ago and just letting it ride. I’m up ~500% right now. I know it’ll never get close to $1, but if it can get to even .001 or .0005 I’ll be ecstatic. If it bottoms out again, then it’s only $600 I lost.
I support this and almost did the same a few weeks ago. I was going to do it on my wife's account so I didn't have to look at it whenever I checked crypto. Then I realized that was a really bad way of getting her into crypto. She'd only want to buy meme coins from then on. Instead we started with BTC (80%) , ETH (15%), and LINK (5%). I really wish I would have gone heavy into DOT when it was the same price as LINK. A friend came over this weekend who went DOT when I went LINK and he had put in 20k because he makes good money and is a degenerate and he's crushing me. Both bought around $25. edit: Holy shit at my run-on sentences. sorry for that.
What indicators do you look at when looking at coins? I'm a HODL, but it's fun to look and see/predict.
Here's Google trending searches for "Bitcoin" , "Ethereum", and "Solana" for October 11. Not sure this is interesting to anyone, but I took 1 min to make it and figured I'd share. Cardano is mentioned as a secondary search on both ETH and SOL
This is his pinned tweet. I don't get what he's trying to show. It looks like it doesn't have that much correlation to me. I colored in red. There's times where the Supply Shock was low and price went way up and times where it went up and the price of BTC dropped. What am I not understanding? EDIT: Link to his most recent newsletter where he has more characters to explain it. https://www.blockwareintelligence.com/p/blockware-intelligence-newsletter-79b
This is a really cool chart: https://cdn.substack.com/image/fetc...bd2-5689-406e-afef-b9cc309a76ae_1800x1013.png
Does anyone stake Avalanche? I may throw $1,500 at it too. But I want to make sure I get that 10% yield.
Should I just dump polygon and chainlink? I bought because people were talking about it a few weeks ago, promptly lost 20%.
Is there a good ratio for Volume/Market Cap ? It seems tough to look at in crypto because there's some coins that are locked up or whales who aren't day trading them.
I just don't know shit about them. I'm OK taking my loss if there is something else to put it in, even if it is riskier.