Official Cryptocurrency Thread: Skepticism to Speculation to FIGHT! FIGHT! FIGHT!

*Shield where I don't care If you made money selling nonsense.*

 

Never ceases to amaze how many anti crypto posters show up ITT to high five each other every time there is a drop lol

 

N e 1 else have a 20k limit order filled?

 

Ok - time to reveal your crypto twitter handle.

Are you The Stalwart?!!

 

Very Brian Armstrong-esque thread here

 

I already made this joke in the usmnt thread. Pft clearly reads the board.

 

I don’t really understand why outside of schadenfreude. I’m not as TMB online as you are, but do the crypto guys fuck with other threads?

I’m not ‘just asking questions’. While the very vocal crypto posters are, um, interesting, I’ve always thought it was pretty self contained.

 

If you removed one poster from this thread, I think the entire conversation would be much different. When one person is a supreme condescending dick, people will show up to throw shit back at him.

 

Delete

 

Gm! and wagmi bros

 

Hmmm why would people enjoy the temporary suffering of the absolute worst parts of all our society converged into one specific subculture can’t imagine

 

I’m going to dip my toe in the water when btc is under $5k

 

Something’s just can’t be explained!

 

What happens when Coinbase goes under? Btc under 1k?

 

Weird question. Regular securities offerings post regulatory filings on the SEC's edgar site. Do token offerings post theirs somewhere else, if they aren't on edgar?

 

SBF/FTX buys them

 

Fuck those guys they don't even support Kadena

 

I, for one, have enjoyed my experience in cryptocurrency and maintain my enthusiasm despite being in 100% cash lol. In for more pain, but we will be back.

 

Are we still mortgaging our houses like Michael Saylor said?

 

Glad I bought in at $38k. What a deal. Don’t even want to look at what I bought Cardano at.

 

Anyone can make money in a bill market

time to see who survives over the next 9-36 months

 

The price you deserve, per crytobros

 

Where do these go on that graph?

 

Buying at $5k and adding laser eyes to my Twitter pic

 

Put some bids in on MKR in the $250-500 range.

 

no clue what mkr is, but not sure why anoyone would be buying shitcoins right now with companies going bankrupt and/or laying off 20% of their employees

what's your thesis here

 

Guessing you would never actually use whatever MKR is and just hoping it goes up so you can sell to someone

 

Maker is the protocol that creates and collateralizes the stablecoin "Dai."

Very professionally run and conservative, Dai has not come under stress even during recent conditions.

 

So what’s the point of owning mkr

 

Speculation - don’t think any value accrues to it

 

What I figured

thanks for your explanation

 

Isn't this the case with all crypto currency

 

I mean you can technically use btc to buy very limited stuff

but yeah that’s why all these alt coins make no sense to me

 

Virtually No one is buying anything with btc

 

you’d be silly to do so given BTC’s appreciation

 

Preaching to the choir here

only thing I ever did with btc was withdrawals for offshore gambling

 

I appreciate that it’s down 50% in a few days

 

Right. No one is paying taxes on every purchase. Kinda makes the who currency thing moot

 

There are some with real value accrual and many more with many working products but a token with no value accrual mechanism (scared of lending securities law).

Theres a lot more to the crypto ecosystem than 2018, which was mostly just whitepapers

Regulatory clarity would go a long way

 

What is this, a draft from October 2021?

 

So dai is a dollar but it needs something worth $500+ to help it

that makes a lot of sense

 

Going to go out on a limb here and say MKR will be worth $0 within a few years