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

    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.
     
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  2. danny2430

    danny2430 Well-Known Member
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    Because so much money laundering is happening with crypto. Almost feels like a direct reaction to mitigate the pandora papers
     
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  3. user15000

    user15000 Well-Known Member

  4. Connor Norman

    Connor Norman Cool ass dog
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    As a holder of 100,000,000 SHIB, I’d like this very much.
     
  5. soulfly

    soulfly Well-Known Member
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    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.
     
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  6. danny2430

    danny2430 Well-Known Member
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    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.
     
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  7. soulfly

    soulfly Well-Known Member
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    This all seems a bit premature.
     
  8. danny2430

    danny2430 Well-Known Member
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    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
     
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  9. Sanjuro

    Sanjuro Klaatu verata nikto
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  10. ANTWONE

    ANTWONE Hello
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  11. DuffandMuff

    DuffandMuff Well-Known Member
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    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.
     
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  12. DuffandMuff

    DuffandMuff Well-Known Member
    Tampa Bay Lightning

    FREE ROSS ULBRICHT
     
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  13. Sanjuro

    Sanjuro Klaatu verata nikto
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    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.
     
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  14. user15000

    user15000 Well-Known Member

    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.
     
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  15. Fabulousthundercock

    Fabulousthundercock Well-Known Member
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    No
     
  16. DuffandMuff

    DuffandMuff Well-Known Member
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    Do you think he deserves life without parole?
     
  17. Fabulousthundercock

    Fabulousthundercock Well-Known Member
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    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
     
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  18. Whammy

    Whammy Look kids, Parliament!
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    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.
     
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  19. DuffandMuff

    DuffandMuff Well-Known Member
    Tampa Bay Lightning

    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?
     
  20. user15000

    user15000 Well-Known Member

    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.
     
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  21. Fabulousthundercock

    Fabulousthundercock Well-Known Member
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    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.
     
  22. kennypowers

    kennypowers Big shit like a dinosaur did it
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    Everything sucks versus btc right now
     
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  23. seanofthedead86

    seanofthedead86 Well-Known Member
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    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.
     
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  24. HuskerInMiami

    HuskerInMiami Well-Known Member
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    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 :(
     
  25. HuskerInMiami

    HuskerInMiami Well-Known Member
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    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
     
  26. Arrec Bardwin

    Arrec Bardwin He ain’t me, he can’t be me
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    Almost all of my bags are crushing BTC
     
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  27. Connor Norman

    Connor Norman Cool ass dog
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    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.
     
  28. HuskerInMiami

    HuskerInMiami Well-Known Member
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    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.
     
  29. HuskerInMiami

    HuskerInMiami Well-Known Member
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    What indicators do you look at when looking at coins? I'm a HODL, but it's fun to look and see/predict.
     
  30. kennypowers

    kennypowers Big shit like a dinosaur did it
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    Like what?
     
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  31. Arrec Bardwin

    Arrec Bardwin He ain’t me, he can’t be me
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    CVX TIME OHM SPELL
     
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  32. Arrec Bardwin

    Arrec Bardwin He ain’t me, he can’t be me
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  33. kennypowers

    kennypowers Big shit like a dinosaur did it
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    O. I’m a simp who only deals in the large caps.
     
  34. HuskerInMiami

    HuskerInMiami Well-Known Member
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    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.
    upload_2021-10-11_10-28-56.png


    Cardano is mentioned as a secondary search on both ETH and SOL
    upload_2021-10-11_10-30-42.png
     
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  35. user15000

    user15000 Well-Known Member

    Will Clemente has a weekly free on chain newsletter that is good.
     
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  36. jorge

    jorge Founder of Post ITT if your team sucks
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    Ross Ulbricht was an alumnus of my college at my university. AMA
     
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  37. Connor Norman

    Connor Norman Cool ass dog
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    **looks at fan of**

    Where did he touch you?
     
  38. jorge

    jorge Founder of Post ITT if your team sucks
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    Sadly i wasn't cute enough i guess
     
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  39. jorge

    jorge Founder of Post ITT if your team sucks
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    He also went to UT at Dallas which i know nothing about
     
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  40. HuskerInMiami

    HuskerInMiami Well-Known Member
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    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?

    upload_2021-10-11_11-39-52.png



    EDIT: Link to his most recent newsletter where he has more characters to explain it. https://www.blockwareintelligence.com/p/blockware-intelligence-newsletter-79b
     
    #18141 HuskerInMiami, Oct 11, 2021 at 11:40 AM
    Last edited: Oct 11, 2021 at 11:45 AM
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  41. HuskerInMiami

    HuskerInMiami Well-Known Member
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  42. user15000

    user15000 Well-Known Member

    The weekly glass node newsletter is a good on chain resource too.

     
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  43. jorge

    jorge Founder of Post ITT if your team sucks
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    So binance stopping withdrawals to Avalanche c-chain was annoying.
     
  44. HuskerInMiami

    HuskerInMiami Well-Known Member
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    I just bought $1,500 SOL . So I'm now the proud owner of 10.XXX SOL.
     
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  45. HuskerInMiami

    HuskerInMiami Well-Known Member
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    Does anyone stake Avalanche? I may throw $1,500 at it too. But I want to make sure I get that 10% yield.
     
  46. mal630

    mal630 Well-Known Member
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    Should I just dump polygon and chainlink? I bought because people were talking about it a few weeks ago, promptly lost 20%.
     
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  47. HuskerInMiami

    HuskerInMiami Well-Known Member
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    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.
     
  48. HuskerInMiami

    HuskerInMiami Well-Known Member
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    Me too (as in bought more). I'm still holding.
     
  49. mal630

    mal630 Well-Known Member
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    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.