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

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

  1. Penguin The Duck

    Penguin The Duck Well-Known Member / #NFT Influencer
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  2. HowdyHorns

    HowdyHorns Well-Known Member
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    PTS in Nardo
     
    Chumbolone likes this.
  3. letan

    letan Just looking for the gator board
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    Luna at 3 cents now. Time to buy?!
     
  4. danny2430

    danny2430 Well-Known Member
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    You do know that 1 cent is a 66% loss off your investment right?

    Or zero cents, which is actually what it’s worth, is 100% loss
     
    dblplay1212 and letan like this.
  5. SmoochieWallace

    SmoochieWallace Ipse dixit
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    x2
     
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  6. Arrec Bardwin

    Arrec Bardwin He ain’t me, he can’t be me
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    This is mega risky as long as UST is depegged. Can go waaaayyyyyy lower than .03
     
    letan likes this.
  7. dblplay1212

    dblplay1212 Well-Known Member
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    -97.37% in a day and -99.97% in a week is wild for any asset. Sucks for anyone heavily invested in it. Curious who profited off of it.
     
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  8. Arrec Bardwin

    Arrec Bardwin He ain’t me, he can’t be me
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    This is why you should not buy, will continue happening

     
  9. PSU12

    PSU12 The Grand Experiment
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  10. user15000

    user15000 Well-Known Member

    bro show me where on the chart it died

     
    a1ND likes this.
  11. Whammy

    Whammy Look kids, Parliament!
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    Have a guy in our investment group who shorted from like $45....made six figs
     
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  12. Penguin The Duck

    Penguin The Duck Well-Known Member / #NFT Influencer
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    I believed the 90% of NFT and DeFi projects failing talk but I don't think anyone in crypto called Luna as the downfall

    Stopped buying new NFT projects around September
    Have plenty of "rugged" and failed projects sitting in my wallet that won't sell at 0.
    Was bailed out by airdrops in Nov, Dec, Jan
    Still doing alright with staking and farming returns even with the crash.
    Hiring 5 new recruiters for a web3 company by end of the month to start scaling.

    It's barely been a year since I bought my first NFT out of topshot, and I started somewhere with around 2-2.5 ETH. I was incredibly bored and burnt out with my job traveling solo during covid a year ago.

    ThisIsFine.jpeg
     
    letan likes this.
  13. ohhaithur

    ohhaithur e-Batman
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    There was that thread a few pages ago where someone in 2021 showed how it would be manipulated by a billionaire but that's it
    Someone who already had too much money
     
  14. Arrec Bardwin

    Arrec Bardwin He ain’t me, he can’t be me
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    There were tons of people calling Luna a ponzi and that it would implode. They just don’t live in your NFT spaces.
     
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  15. Penguin The Duck

    Penguin The Duck Well-Known Member / #NFT Influencer
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    Again I didn’t think the Luna fallout would have as big of an impact on btc or eth.

    Or be what caused these defi and alt coins to take another nosedive.

    I was long on defi projects far before this whole nft thing got exaggerated.
     
  16. mal630

    mal630 Well-Known Member
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    Wouldn't ETH be a decent buy now? Isn't that still the main currency for NFTs?
     
  17. ohhaithur

    ohhaithur e-Batman
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    Depends if you think NFTs will bounce back, which I don't

    I based all my crypto trades on momentum, not logic or reasons though
     
  18. Penguin The Duck

    Penguin The Duck Well-Known Member / #NFT Influencer
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    Eth is a good buy right now. Probably due for another dip. And I wouldn’t be buying an NFT today either. The projects with volume are still priced for the rich to get richer. Developers are still 2-3 quarters out from any new deliverables.

    Great time to stake or farm once gas settles down tho
     
  19. steamengine

    steamengine I don’t want to press one for English!
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    It’s not an asset
     
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  20. PaulKemp

    PaulKemp Well-Known Member
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    Idk. If history is any indication, buy during the long period after everyone has written it off completely as a failed experiment. Plus, the macro environment is horrible. Not saying there won’t be swings, but it’s hard to fathom serious people dumping enough money into the space to make peasants anything substantial until the wealthy start eyeballing growth stocks instead of old missile silos for hideouts as a place to put their money
     
  21. Whammy

    Whammy Look kids, Parliament!
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    If you can stomach vol, you'll probably look back at 2025 and say wow what a great entry but I'm on the sidelines for a little while and would advise patience with a possible looming recession on the horizon
     
  22. user15000

    user15000 Well-Known Member

    Everyone thinks they can time the bottom. They can’t. If you believe in eth long term, then just dollar cost average into it. 60% off all time highs in anything you believe in long term is a good time to buy.
     
  23. colonel_forbin

    colonel_forbin Well-Known Member
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    Dumb question, but when you sell on an exchange -- Coinbase, Binance, etc. -- is it the exchange that's purchasing the cryptocurrency? Or is it like the NYSE where they're basically just the middleman in facilitating private to private transactions? If the former, can these exchanges just stop buying LUNA so that everyone else is left holding the bag?
     
  24. letan

    letan Just looking for the gator board
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    that seems bad
     
  25. user15000

    user15000 Well-Known Member

    Middleman
     
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  26. Truman

    Truman Well-Known Member
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  27. letan

    letan Just looking for the gator board
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    half a penny now!
     
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  28. —

    Well-Known Member
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    Wow if I buy 300 million and it goes up just a half cent think of the gainz
     
  29. danny2430

    danny2430 Well-Known Member
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    Luna officially dead
     
  30. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
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    Can we run it back?

    [​IMG]
     
    letan likes this.
  31. danny2430

    danny2430 Well-Known Member
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    Okay who here shorted Luna yesterday and can give me a billion dollars for being a friend?
     
  32. Arrec Bardwin

    Arrec Bardwin He ain’t me, he can’t be me
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    His Excellency is a prime suspect for tanking UST
     
  33. Lyrtch

    Lyrtch My second favorite meat is hamburger
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  34. Arrec Bardwin

    Arrec Bardwin He ain’t me, he can’t be me
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    Definitely true, seems like it would be wise of the socialists to pump our bags then.
     
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  35. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
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    Calm down, Streisand.
     
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  36. Penguin The Duck

    Penguin The Duck Well-Known Member / #NFT Influencer
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    Really happy I jumped off the bandwagon prior to seeing Brianna’s post

    I don’t like unions either but my coworkers at parler will hate this
     
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  37. Handcuffed

    Handcuffed TMB OG
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    it's interesting that two of the most prominent crypto posters on here had issues with women coming to the board after dating them
     
  38. ohhaithur

    ohhaithur e-Batman
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    Successful crypto was already really right-wing in its audience, I don't think this is news
     
    Tug likes this.
  39. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
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    +68% :dblnick:
     
  40. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
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    Thats one way of putting it. And I was calling Lyrtch a Streisand.
     
    user15000 likes this.
  41. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
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  42. user15000

    user15000 Well-Known Member

    It’s so hilarious that you believe this.

    1. Lol it won’t be a bloodbath.

    2. I’ll blame myself and literally no one else.
     
    Penguin The Duck likes this.
  43. user15000

    user15000 Well-Known Member

    *issues with men who posted about women. Never had a single girl show up here.

    But don’t let facts ruin your narrative
     
  44. Redav

    Redav One big ocean
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    Well there aren't many of them and they definitely don't have any power to do this.
     
  45. Penguin The Duck

    Penguin The Duck Well-Known Member / #NFT Influencer
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    Twitter opinion threads no matter the subject are cringe. But tHe FaCT tHAT it showed up on his twitter algorithm or feeling the urge to post this twice is utterly hilarious. At least she has the blue check until we storm
    Twitter and web3 their verification process! :angry::theswarm:


    :yaoface:
     
    user15000 likes this.
  46. Lyrtch

    Lyrtch My second favorite meat is hamburger
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    Well yes because crypto is basically an even worse ideology around capitalism, like 1800s wild west capitalism.
     
  47. user15000

    user15000 Well-Known Member

    You should check your financial privilege (and read Gladstein’s book of the same title).
     
  48. Lyrtch

    Lyrtch My second favorite meat is hamburger
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    im good but thanks
     
    bro likes this.
  49. Penguin The Duck

    Penguin The Duck Well-Known Member / #NFT Influencer
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  50. user15000

    user15000 Well-Known Member

    1.2 billion people live under double digit inflation. Your position is pro-bank, pro-oppression, and anti-property rights.