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

Discussion in 'The Mainboard' started by Nantucket, Jan 29, 2017.

  1. user15000

    user15000 Well-Known Member

    Potential corporate balance sheet news this week with Q1 calls

     
  2. Harrison Beck

    Harrison Beck Bailout Bro
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    What about JP Morgan Coin? Asking for a friend
     
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  3. user15000

    user15000 Well-Known Member

    An actively managed fund with a management fee is such a joke. As is only making it available to their rich clients.
     
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  4. Harrison Beck

    Harrison Beck Bailout Bro
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    #14154 Harrison Beck, Apr 26, 2021
    Last edited: Apr 26, 2021
  5. jorge

    jorge Founder of Post ITT if your team sucks
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    Thats asking to be a smiley
     
  6. Whammy

    Whammy Donde es
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    Did not see that coming
     
  7. construxboy

    construxboy xenForo is the new TMB
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    "Cares more about Crypto than football" - some insufferable old scout
     
  8. kennypowers

    kennypowers Big shit like a dinosaur did it
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    That’s my (future) quarterback.
     
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  9. Penguin The Duck

    Penguin The Duck Well-Known Member / #NFT Influencer
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    I love today

    Screenshot 2021-04-26 153242.png
     
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  10. Whammy

    Whammy Donde es
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  11. —

    Well-Known Member
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    The Facebook coin/JP coin tangent was probably one of the most misguided and hilarious arguments against Bitcoin In this thread. Sorry dblplay1212 but at least it was fun content and made us all more educated in the process
     
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  12. dblplay1212

    dblplay1212 Well-Known Member
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    I don't think that was me. I thought a govt backed crypto was more likely.
     
  13. —

    Well-Known Member
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    upload_2021-4-26_17-54-3.gif
     
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  14. Baseballman86

    Baseballman86 Well-Known Member
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    Already covered here I'm sure, but just got the email that Blockfi is dropping their rates
     
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  15. Tug

    Tug Well-Known Member
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    I use Celsius. It’s 6.2% apr on btc. Referral code if anyone wants:

    Join Celsius Network using my referral code 1086082203 when signing up and earn $40 in BTC with your first transfer of $400 or more! #UnbankYourself

    https://celsiusnetwork.app.link/1086082203
     
  16. user15000

    user15000 Well-Known Member



    So Elon personally owns btc and tesla is basically stress testing the liquidity of the market.
     
    #14166 user15000, Apr 26, 2021
    Last edited: Apr 26, 2021
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  17. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
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    You have to hold x amount of CEL tokens to get that rate? Same with Nexo. Pass.
     
  18. Tug

    Tug Well-Known Member
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    No I do not hold CEL
     
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  19. user15000

    user15000 Well-Known Member

  20. Harrison Beck

    Harrison Beck Bailout Bro
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    lol
     
  21. Baseballman86

    Baseballman86 Well-Known Member
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    Is there any easy/direct way to buy a small amount of XRP? It's not on any of the 5 or so sites I'm on
     
  22. Tug

    Tug Well-Known Member
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    Kucoin
     
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  23. Arrec Bardwin

    Arrec Bardwin La Araña Discoteca
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    Uphold
     
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  24. blotter

    blotter Aristocratic Bum
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  25. Baseballman86

    Baseballman86 Well-Known Member
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    Thanks, just remembered I had a Kucoin account. Apparently I have 1500 VET from the 2018 rush. That worked out better than my Neblio
     
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  26. Brocktoon

    Brocktoon Well-Known Member
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    Those of you that enjoy the gambling aspect of all this need to get in on KuCoin Futures. They allow leverage up to 100x
     
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  27. jorge

    jorge Founder of Post ITT if your team sucks
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    I wonder if they bought it through Gemini
     
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  28. southside

    southside Well-Known Member
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    Question is how far are we from the market not even reacting to these news events?
     
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  29. kennypowers

    kennypowers Big shit like a dinosaur did it
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    That was a fun little dip and recovery.
     
  30. Harrison Beck

    Harrison Beck Bailout Bro
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    Theoretically, if a guy had a large sum of eth what should he be doing to maximize it?
     
  31. PaulKemp

    PaulKemp Well-Known Member
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    I forgot who else here was into Helium and looking at buying a miner, but the waitlist just opened for one of the manufacturers that will be supporting their 5G/WiFi Hotspot networks as they go live

     
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  32. southside

    southside Well-Known Member
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    At a minimum borrowing stable coins against it and farming with them
     
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  33. kennypowers

    kennypowers Big shit like a dinosaur did it
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    I don’t know the answer to that question, but if I had a large sum of ETH I would be very happy this week.
     
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  34. Harrison Beck

    Harrison Beck Bailout Bro
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    They put an attendance app on the blockchain. Groundbreaking stuff
     
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  35. Tug

    Tug Well-Known Member
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    Wow looks like Cardano is big time. I have 10 when can I buy a lambo
     
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  36. Arrec Bardwin

    Arrec Bardwin La Araña Discoteca
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    You don’t get it, Cardano is changing the world. Also the community!
     
    likes this.
  37. user15000

    user15000 Well-Known Member

  38. kennypowers

    kennypowers Big shit like a dinosaur did it
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    I’m starting to think the guy in here that yeeted his entire retirement in micro strategy may be a genius. Absolute mad lad, but genius.
     
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  39. user15000

    user15000 Well-Known Member

    We'll see. Been a pretty good btc price proxy so far.

     
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  40. kennypowers

    kennypowers Big shit like a dinosaur did it
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    Do you have an exit strategy for when BTC hits the “euphoria” point? I guess a better question would be, does Saylor have a strategy for that? Or perhaps he doesn’t believe that it will follow that market cycle that everyone likes to spread around crypto sites/Twitter.
     
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  41. Darko the Snowman

    Darko the Snowman Crushing blow for AU. It's Georgia.
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    VET or VEN? If it was 2018, it might be VEN, which you can convert to VET at a 1 to 100 ratio
     
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  42. Tecumseh

    Tecumseh Well-Known Member
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    That was me. Thanks for this. Most interesting part is that they are planning a mod for existing miners to make them 5G compatible. that's awesome.
     
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  43. user15000

    user15000 Well-Known Member

    I don't have an exit strategy for selling any of my btc. You could argue (probably correctly) that btc hit euphoria points in 2013 and 2017. I don't pretend to be smart enough to know when it's at the "top" so that I can sell it, pay taxes, and then hypothetically buy back in at a lower price. I also don't know how long the cycles last, if at all (another point Saylor has made, specifically on the Saifedean podcast). Could it reach a top in 2021/early 2022 and then go through a prolonged bear cycle again? I think so. But could it continue to spread to companies, countries, etc. such that any dip is less pronounced and/or doesn't follow the previous 4-year cycles? I think so.

    I tend to align with Saylor's view of "it's going up forever." I've never heard him discuss any exit strategy, but on multiple occasions, he has discussed the idea of not selling, borrowing against btc, and paying off the loan.

    If I did sell any btc, it would be to buy something like a house. I'd never sell just to have a bunch of US dollars and then be looking for someplace to invest them post-paying taxes.

    My microstrategy 401k exit strategy is something that I'll consider if/when there is an ETF.
     
  44. jorge

    jorge Founder of Post ITT if your team sucks
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    Maybe I should look into this. I like this kind of thing.