Home | Community | Message Board


This site includes paid links. Please support our sponsors.


Welcome to the Shroomery Message Board! You are experiencing a small sample of what the site has to offer. Please login or register to post messages and view our exclusive members-only content. You'll gain access to additional forums, file attachments, board customizations, encrypted private messages, and much more!

Shop: Original Sensible Seeds Bulk Cannabis Seeds   Kraken Kratom Red Vein Kratom   PhytoExtractum Buy Bali Kratom Powder   Unfolding Nature Unfolding Nature: Being in the Implicate Order   Bridgetown Botanicals Bridgetown Botanicals   North Spore North Spore Mushroom Grow Kits & Cultivation Supplies

Jump to first unread post Pages: 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | Next > | Last >
OfflineGrimsweeper
don't fear the sweeper
 User Gallery

Registered: 01/29/18
Posts: 4,843
Loc: broom closet
Last seen: 5 days, 10 hours
Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: sh4d0ws] * 8
    #27542115 - 11/13/21 05:28 PM (2 years, 2 months ago)

Sold 1250 XTZ. I'm officially working with 6 figures of 100% gains. I hope I don't come off as gloating I took an enormous risk nearly a year ago of investing the entire proceeds of the sale of a home. Thanks to my wife for supporting what could've ended very badly. Haven't made all the right decisions but made enough of them to make some cash for our retirement in Florida. Thank you geo for starting this thread and all those that have contributed their strategies.


--------------------
When you clean a vacuum cleaner you are a vacuum cleaner
Build yourself a Flow Hood in these 99 simple steps


Extras: Unfilter Print Post Top
OfflineGrimsweeper
don't fear the sweeper
 User Gallery

Registered: 01/29/18
Posts: 4,843
Loc: broom closet
Last seen: 5 days, 10 hours
Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: mongo lloyd] * 6
    #27199200 - 02/11/21 11:33 AM (2 years, 11 months ago)

I'm not selling any of my top 3 just looking for action on the alts. Could've taken a 30% gain on BAND in 24 hrs but holding out for my commitment of $19.98. Might take a week or two but it will get there.

Life is good. I'm in Punta Cana and watched my portfolio cross 5 figures almost doing nothing.



--------------------
When you clean a vacuum cleaner you are a vacuum cleaner
Build yourself a Flow Hood in these 99 simple steps


Edited by Grimsweeper (02/11/21 12:31 PM)


Extras: Unfilter Print Post Top
OfflineNature Boy
Stranger than most
Male User Gallery


Registered: 07/09/07
Posts: 8,241
Loc: Samsara
Last seen: 2 months, 4 days
Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: geokills] * 6
    #27273371 - 03/28/21 04:02 PM (2 years, 9 months ago)

Ahhhhh...finally found the peace and tranquility of the ignore function. Highly recommended.  :thumbup:


--------------------
All submitted posts under this user name are works of pure fiction or outright lies.  Any information, statement, or assertion contained therein should be considered pure unadulterated bullshit.  Note well:  Sorry, but I do not answer PM's unless you are a long-time trusted friend.  If you have a question, ask it in the appropriate thread.

                                                                               


Extras: Unfilter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 17 minutes, 4 seconds
Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: budmanman] * 6
    #27273778 - 03/28/21 10:26 PM (2 years, 9 months ago)

Quote:

budmanman said:
https://poocoin.app/tokens/0x8b081910b78dafff0c9f536f3fafd694b383d83a

[...]

https://poocoin.app/tokens/0x4090b966c6ef9f867b9724bd7209b24f7cf51320




The big problem here is liquidity.  You're basically pushing the worst of the penny stocks.  That WAP chart shows, at best, $14,000 of trade volume over the highest volume 15 minute time periods.  FMOON is hardly any better.  If you want to play these things with $100 or whatever for shits and giggles, be my guest.  But to actively promote it as a reliable route to 5, 40, or 200X gains is entirely misleading.  It is folly to attempt to trade a meaningful amount of capital on such thinly traded issues.  You yourself said you crushed one of these things to basically zero with your sell orders, and you have openly admitted that you've only been putting in very small amounts of capital.

How is that supposed to work, given that the average trader/investor holds positions that are much larger than $50-$100?  I'd much rather make a 20% return on something that I can put a large chunk of capital into, and that is liquid enough for me not to have to watch it like a hawk with an itchy trigger finger, than fret over churning $100 for impressive % gains that just won't move the needle much on a dollar nominal basis.  Put plainly, advising others to invest in these aptly titled "poocoins" is reckless and borders on shilling for your own self-interest and profit.

As several other members here have indicated their own discomfort and/or annoyance with the frequency of your posting on these highly suspect assets, I kindly request that you create a separate thread for "poocoins" if that's your jam.  Filling this thread with that sort of banter is just not meaningful to the vast majority of participants here, so if you keep it up with the same intensity as we've seen over the past couple of days, you will be restricted from participating in this thread.


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Unfilter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 17 minutes, 4 seconds
Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: geokills] * 6
    #27774150 - 05/12/22 02:28 PM (1 year, 8 months ago)

I don't typically like to flaunt numbers, but in the interests of transparency (and just to do a little venting), I need to share this personal account...

My locked LUNA-UST liquidity provider position on Astroport now has 33,000 LUNA's in it (and 1,500 UST), and is worth around $1000.  This position was approaching $200K a month ago.  I was able to salvage about $6K out of my unlocked Astroport governance token airdrop, even as a couple of weeks ago it was worth almost $50K.  My staked LUNA, formerly worth upwards of $100K is still amidst its 21 day "unbonding" process, initiated when the asset was trading north of $80.

I always knew crypto was a wild ride, but I honestly did not expect to get smacked with this level of losses almost overnight.  In conjunction with ancillary losses from the drawdown on the entire market, I'm seeing about $650K wiped off the books inside of a month.  By far the fastest/worst loss I've ever experienced over 20 years of trading.  The market sure can get real, real quick!

As an aside, I'm sure some of you recall me reporting on how pleased I was with my participation in LUNA and the associated Astroport lockdrop over the past months.  In fact, I was internally annoyed by not having participated more heavily, as it seemed like such easy money.  Well therein lay the lesson folks.  Easy come, easy go.  Sometimes things are clearly just a little too good to be true.  This also serves as a humbling reminder of why it is so important to maintain diversified allocations and to rebalance incrementally.  Some concentration is admittedly important for outperformance, but too much concentration and you risk completely blowing yourself up.

Fortunately, I will live to trade another day and this loss doesn't pose any threat to my lifestyle, but this was nevertheless an expensive reminder of the lessons I've had to re-learn a few times over, always the hard way.


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Unfilter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 17 minutes, 4 seconds
Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: gopher] * 6
    #28229187 - 03/14/23 10:41 AM (10 months, 9 days ago)

gopher, I know you mean well, but so long as you are looking for answers to your trade options outside of yourself (especially if you're looking for absolutes), you're not likely to improve yourself into a better money/asset manager, let alone make sound investment/allocation decisions.

No one is going to care more about your money than you are, and no one is going to understand your own individual needs, goals and process better than you are.  Thus, while I think it's awesome to discuss the relative merits between various assets and why anyone may prefer one over another; it is counterproductive to seek an impossible answer to a binary query such as "is crypto going to keep going up?"  No one knows, and moreover, the actual movement of any asset is only relevant when considered relative to your intended time frame for holding it.

Further, if you are focused on building wealth, you would do better not to concern yourself with the short-term movements of ethereum vs bitcoin vs paxg vs xlm.  With the exception of PAXG which is a token/mirror asset intended to track the silver commodity price, the rest of these assets will more or less move together as they are all tightly woven into the same sector.

To reliably build wealth, you need to have a longer term thesis and plan to invest accordingly.  Constantly jumping in and out of trades can be OK under certain circumstances, but to make that sort of trading worth the while, you really need to be better capitalized than it appears that you are, because the amount of time you are dedicating to trading $50 worth of assets is very likely worth WAY more as time, than it is with regard to whatever gain you may reap from the hyperactive trading.

It is my opinion that crypto as an asset class is not going away, and that the long term risk/reward is favorable.  But in order to capitalize on that, you need to be risk tolerant because this asset class is very volatile and, at least with regard to my plan, requires the ability to remain calm and steadfast in the face of often huge and rapid swings.  If I were you, I would absolutely contribute some capital to crypto, regularly, in accordance with what I could afford to lose.  And I would concentrate those contributions toward bitcoin and ethereum.  For my part, I don't think XLM offers a good value proposition relative to the leadership of the asset class, i.e. bitcoin and ethereum.  I do think some alternative crypto assets such as solana and koinos do have unique value propositions; namely considerably higher throughput including a minimal to zero fee structure.

Bottom line is, you need to plan your trade and trade your plan.  Don't ask other people to make your decisions for you.  It simply won't work.  Keep in mind also, that even the best traders go through difficult periods of time where they will lose money.  It's just part of the process.  You will develop your process if you continue to study, learn and interact with the markets.  Your success will depend on finding a process that follows in accordance with your own personal levels of risk tolerance and ability to maintain a disciplined approach in executing your process.  This involves a tremendous amount of patience.  You can't be worrying about one of your crypto assets being down while another one is up and then thinking you should immediately reallocate.  That level of hyperactive trading is akin to grasping at any ol' shiny object and will grind you down, both mentally as well as financially, over time.


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Unfilter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 17 minutes, 4 seconds
Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects * 5
    #24304820 - 05/08/17 02:04 PM (6 years, 8 months ago)
Log in to view attachment

Cryptocurrency: Digital currency in which encryption techniques are used to regulate the generation of units of currency and to verify the transfer of funds, with the unique attribute of decentralized operation, thus independent of central bank interference.  Most of us have heard of Bitcoin, the first player on the scene to use blockchain technology (a digital ledger in which transactions are recorded chronologically and publicly), and have witnessed its meteoric rise in value as it proved itself a viable medium of exchange, attracting the attention of venture capitalists and regulatory authorities.  Launched in 2009 with with practically no value, each Bitcoin (BTC) is today worth around US$1660 and the entire market capitalization of bitcoin is north of $27 billion.


       


Many follow-on cryptocurrencies have been created, but it wasn't until Ethereum debuted in the summer of 2015 that a major step in the evolution of cryptocurrency took place with the integration of smart contracts onto the blockchain.  Smart contracts introduced in the Ethereum network are autonomous decentralized applications (scripts) that can be stored on the blockchain and used to facilitate, verify and enforce the negotiation or performance of economically-laden procedural instructions.  Since the contracts become publicly available on the blockchain, they are thus capable of circumventing censorship, collusion and counterparty risk.  The instructions embedded in Ethereum contracts are paid for in Ether (ETH), which is the effective cryptocurrency of the Ethereum network.

Corporate giants such as Microsoft, JPMorgan Chase, BNY Mellon, CME Group, Credit Suisse, ING, Intel, UBS, and BP (amongst several others) have setup the non-profit Enterprise Ethereum Alliance, investing millions to create a standard version of the Ethereum software that businesses around the world can use to track data and financial contracts.  This has lent further credibility to the evolution of the technology and caused the price of Ether to soar, with a market capitalization of over $8 billion.


         


Enter Tezos, the next intended evolutionary step in blockchain technology.  While Ethereum took a significant step forward by incorporating customizable smart contract functionality into its blockchain, there is still the fundamental challenge of governance, maintenance and security, as evidenced by the heated debate over how best to scale the bitcoin network as it grows, as well as the DAO hack that exploited the Ethereum network to the tune of around $50 million.  The creators of Tezos argue that these challenges manifested themselves in situations that put too much power in the hands of core development teams or miners; in other words, first-generation blockchains have become subject to a form of centralization that their developers sought to avoid.  Thus, during its three years of development, the Tezos team sought to address the need for decentralized innovation in protocol design and emphasized the importance of formal verification in its software design.  The fundamental change to governance is as follows:

Quote:

While all blockchains offer financial incentives for maintaining consensus on their ledgers, no blockchain has a robust on-chain mechanism to seamlessly amend the rules governing its protocol and explicitly fund protocol development. As a result, first generation blockchains tend to empower, de facto, centralized core development teams or miners to formulate design choices.

Tezos takes a fundamentally different approach by creating governance rules for stakeholders to approve of protocol upgrades that are then automatically deployed on the network. When a developer proposes a protocol upgrade, they can attach an invoice to be paid out to their address upon approval and inclusion of their upgrade. This approach provides a strong incentive to contribute efforts towards core development of the Tezos blockchain and further decentralizes the maintenance of the network. It compensates developers with tokens that have immediate value rather than forcing them to seek corporate sponsorships, foundation salaries, or work for Internet fame alone.

Tezos instantiates new technical innovations but also enforces types of constitutionalism through the use of formal proofs to mathematically verify that key properties are upheld over time. By allowing stakeholders to coordinate on-chain, the network also allows for the creation of bounties to implement specific features or discover bugs. Collectively, the network maintains the decentralized aspect of blockchains while introducing a mechanism to enable collective decision making. Tezos tokens not only power smart contracts in the network, but also allow votes on protocol amendments. The initial Tezos rollout is simple by design, but its self-amending nature means that the rules governing the network can be improved over time.




To the point, while Tezos is as yet unproven, a considerable amount of thought and planning has been put into its development and it appears to offer the next step in the evolution of blockchain technology and its associated cryptocurrency.  As I know many of us have participated in the use of or investment in various cryptocurrencies, I wanted to inform the crew here that there will be a crowd sale "initial coin offering" for Tezos beginning May 22nd, 2017.  You can participate in the allocation of the genesis coins through contributions in BTC or ETH.  There is no cap on the amount of contributions that will be accepted, in efforts to ensure that participation is not limited only to insiders, however there will be a small bonus given to the earliest adopters.



[Edit: Thread title changed to a broader headline]


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Edited by geokills (08/30/17 07:09 PM)


Extras: Unfilter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 17 minutes, 4 seconds
Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: SirShroomsAlott] * 5
    #24997535 - 02/15/18 09:23 PM (5 years, 11 months ago)

Haha, I like koods, he's a smart guy, but even smart guys are wrong from time to time.  It was actually a few of his comments in the Pub thread that inspired me to share the JPMorgan document. :wink:


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Unfilter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 17 minutes, 4 seconds
Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: trees] * 5
    #27239150 - 03/05/21 05:56 PM (2 years, 10 months ago)

Well now I just feel weird. :toomuchacid:

Not trying to be a king or to prove anything, I get things wrong plenty and I definitely don't try to hide those fumbles.  I'll readily admit that the "six figures" comment was a bit brash and generally uncharacteristic of my preference not to use dollar figures, but to instead focus on percentages such that the numbers are relevant to everyone reading.  I remember hesitating to make that comment, but in the end I decided that it was indicative of how far this market has come.  For those of us who have been involved since the inception of this thread, it offers something of a reminder that the swings can still cut deeply, but wow, how much this experiment (and our accounts) have grown is truly remarkable.  I've put far more active effort into my equity trading, and despite having done it for nearly four times as long, my crypto returns quite simply dwarf what I've achieved in the stock market.

Anyways, this thread isn't about me.  I post here with regularity because I use it as a journal to aid my own growth and enjoy the sounding board offered by the many participants who also share here.  If people want to share their personal stories, so be it.  I generally think it's a little silly to talk about however many thousands any given individual has made or lost, but we are human and sometimes the numbers are impactful enough that we can't help but share that too.  Whatever.

The real focus here, as the title states, is the fascinatingly novel financial and trustless paradigm that is cryptocurrency/blockchain and its related applications/projects.  Let's keep our eye on the prize.  I do still genuinely feel like this is the gift that will keep giving for some time.


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Unfilter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 17 minutes, 4 seconds
Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: Enkidu] * 5
    #27363051 - 06/25/21 04:25 PM (2 years, 6 months ago)

$30K BTC still looks pretty strong and the range remains intact, despite several attempts to shake out weaker hands.  The alts have headwinds as money consolidates into BTC with the repeatedly frustrating gyrations as traders attempt to anticipate direction and become increasingly jittery, largely out of impatience and/or boredom.  Of course, one cannot expect to know how the future will play out, but I would expect more gyrations as we continue to build a base in BTC.  We could break down to lower levels, but given the reactive bounces we keep seeing on big sell offs, it doesn’t seem like a scenario I would want to bet on.

For my money, I expect that we continue to bounce around and ultimately move higher, although it’s anyone’s guess as to when that move higher may come, and it may yet require another shakeout at lower levels (although I would expect that to be short lived, perhaps to $25K BTC).

I would maintain dominant exposure to BTC & ETH, however some sub-dominant alts are intriguing (nice 6/21 volume spike on SOL, I still like AAVE as well for its dominant position and aggressive development in DeFi, albeit still definitively weak).

I’m not fully up to speed and haven’t looked very closely  at most  assets, as I am in Costa Rica through the 30th. Pura vida! 🤙🏼

 


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Unfilter Print Post Top
Invisiblebudmanman
OTD Masterbater
Male


Registered: 02/07/07
Posts: 17,974
Loc: PNW
Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: budmanman] * 5
    #27786268 - 05/20/22 10:24 PM (1 year, 8 months ago)



--------------------
Everything I have ever said is total bogus bs I am full of crud therefore everything I say should never be taken literal.

And I am mentally unstable.


Extras: Unfilter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 17 minutes, 4 seconds
Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: BayerPhi] * 4
    #24827531 - 12/05/17 10:12 AM (6 years, 1 month ago)

Quote:

BayerPhi said:
Those of you who buy PoS (Proof of Stake) tokens instead of PoW (Proof of Work), do you claim the interest on your tokens for running a node for the inflation pool?




I am actively staking my NEBL for 10% annual inflation reward by leaving my wallet open on my desktop, which is on 24/7 regardless (this particular project just released a single command install for a raspberry pi node that will stake as well if you don't have a computer you leave on and want to save electricity).  My NEBL has been staking for a couple of months, and is right on target for a 10% annualized reward. :thumbup:

Another honorable mention for IOTA, which has not focused on marketing, but instead on building business relationships.  They just released news about partnerships with Microsoft and some other big players, and their coin has jumped over 1000% in the last month alone.  Platform features a unique blockless ledger called "Tangle" that sports zero transaction fees.  Certainly worth being a part of a diversified crypto portfolio.


Last thing, great read:
  • Don't Fall for the Hype: Why Bitcoin's $10,000 price Doesn't Reflect its True Value

    Excerpt: "People are hungry to be a part of the world of finance. What was once the private playground of the rich and powerful, the middlemen and brokers, institutions and corporations — the world of investing and financial exchange — have been eclipsed by thousands of common people empowered by the free and open nature of blockchain-based finance. The people that can’t afford the buy-in to the current system, ones who do not pass the vetting of its gatekeepers and are left with nowhere to go. They see Bitcoin and cryptocurrencies as a permissionless option to participate in the global financial economy and a way out of their own rat races. They invest hard earned money, a few bucks here and there, hoping to make honest gains on their own, even risking losses, instead of being at the mercy of consumerism and inflation.

    [...]

    Children born from 2009 onward are going to live in a world where digital cryptocurrencies always existed and are the norm instead of a fad. They will never understand the need to wait “3 to 5 business days” for money to be transferred, to wait in line at a bank, to pay 10% to send money. It’s easy to think that this is wishful thinking, but remember, lot of people called the internet a fad too. Now we no longer go online, we live online."


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Unfilter Print Post Top
OfflinePumpJackTeX
livin life
Male User Gallery


Registered: 05/26/08
Posts: 3,951
Loc: California Flag
Last seen: 10 months, 28 days
Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Tipote] * 4
    #24895417 - 01/06/18 10:52 PM (6 years, 21 days ago)

It's awesome waking up from a nap to see you made $150 while asleep in your bed.


--------------------
Life. 2008

Ascension Energy | UFOs | 2021


Extras: Unfilter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 17 minutes, 4 seconds
Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: LogicaL Chaos] * 4
    #27023196 - 11/05/20 12:27 PM (3 years, 2 months ago)

In my view, it could still have a really long ways to go.  In the three days since I advised "just buy some fucking bitcoin already" - it's moved from $13,700 to $15,000 (edit a few hours after posting: $16,000).  I bought my first bitcoin at $243, and I'm still buying bitcoin in the five figures.

Now I'm not saying to aggressively chase it, but I can't think of any reason why anyone with investible assets shouldn't own at least some bitcoin.  It is, by orders of magnitude, better at servicing the needs of global monetary storage without being subject to the traditional dilutive effects of inflation or confiscation.  And for the naysayers who like to complain about high transaction fees or limited transaction throughput, you can sacrifice some of the innate security of crypto by utilizing it through traditional payment rails.

The fact that Square cash and Robinhood have implemented crypto payment rails that integrate with the modern financial system, and especially the recent news that PayPal will be doing the same, will allow for transaction speed/scalability and fees comparable to any other traditional payment system.  The more these modern fintech companies involve themselves with crypto, the more others will FOMO and add their own payment rails for the asset (e.g. Amazon, eBay, et al).

MicroStrategy (MSTR), a Nasdaq listed software analytics / business intelligence company recently put half of their liquid reserve (that's $475,000,000!) into bitcoin, buying at an average price of around $9,800.  I would have a very hard time believing they'll be the only ones who see the value of diversifying assets away from fiat currency risk.


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Edited by geokills (11/05/20 10:24 PM)


Extras: Unfilter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 17 minutes, 4 seconds
Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: geokills] * 4
    #27043686 - 11/17/20 11:03 AM (3 years, 2 months ago)

Another 52 week high for bitcoin as it closes in on $18,000.  Is has spent next to none of its existence at these levels, so while the all time highs at $20,000 are a psychological marker, there shouldn't much resistance from here.  Of course, this thing has been chugging higher in a huge way, so it will have to rest and pull back at some point... just not sure when.  On a long term macro thesis, it's not really worth actively trading too much, because if you believe in the big story, this asset is going markedly higher over the coming years.

ETH closing in on its 52 week high as well, I would suspect ETH has more potential near term upside than BTC, for anyone who does prefer to trade more actively.  XTZ just marking time as it carves out a base at $2.


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Unfilter Print Post Top
OnlinemndfreezeMDiscordReddit
Shroomery Secret Service
Other User Gallery


Folding@home Statistics
Registered: 04/22/02
Posts: 20,529
Loc: PuppetMasterFlash
Last seen: 8 minutes, 4 seconds
Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: budmanman] * 4
    #27175559 - 01/29/21 04:30 AM (2 years, 11 months ago)

You haven't made any gains until the moment you cash it back into FIAT.


--------------------
Nothing says love like grannies prolapsed anus!

quote]Urb said:
I know... Its fucked up... Ill fix it minyana..[/quote]


Extras: Unfilter Print Post Top
OfflineeLeSDenes
Mycelium Expander
Male User Gallery


Folding@home Statistics
Registered: 05/25/11
Posts: 955
Last seen: 1 year, 11 months
Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: trees] * 4
    #27215445 - 02/19/21 06:51 PM (2 years, 11 months ago)



Extras: Unfilter Print Post Top
InvisiblebodhisattaMDiscordReddit
Smurf real estate agent
 User Gallery
Folding@home Statistics
Registered: 04/30/13
Posts: 61,889
Loc: Milky way
Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Enkidu] * 4
    #27238735 - 03/05/21 01:06 PM (2 years, 10 months ago)

My protip is only listening to geokills


Extras: Unfilter Print Post Top
OfflineNature Boy
Stranger than most
Male User Gallery


Registered: 07/09/07
Posts: 8,241
Loc: Samsara
Last seen: 2 months, 4 days
Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: budmanman] * 4
    #27241334 - 03/07/21 02:21 AM (2 years, 10 months ago)

I have no idea what he said because after 15 seconds I was so offended by his tone I just stopped playing the video and moved on.  From what you wrote, it sounds like he thinks he's Bill Gates. People a few posts ago were apologizing for dick-swinging.  This guy is the biggest dick-swinger (deserved or not) of all the self-promoting pundits on YT.  Money - however you earn it - doesn't necessarily bring with it class, and he is the poster-child for that premise.


--------------------
All submitted posts under this user name are works of pure fiction or outright lies.  Any information, statement, or assertion contained therein should be considered pure unadulterated bullshit.  Note well:  Sorry, but I do not answer PM's unless you are a long-time trusted friend.  If you have a question, ask it in the appropriate thread.

                                                                               


Extras: Unfilter Print Post Top
Invisibletrees
 User Gallery

Registered: 02/08/09
Posts: 9,193
Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Nature Boy] * 4
    #27268742 - 03/25/21 10:55 AM (2 years, 9 months ago)

Have you guys ever seen this pic of the final boss of Ethereum?



--------------------


Extras: Unfilter Print Post Top
Jump to top Pages: 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | Next > | Last >

Shop: Original Sensible Seeds Bulk Cannabis Seeds   Kraken Kratom Red Vein Kratom   PhytoExtractum Buy Bali Kratom Powder   Unfolding Nature Unfolding Nature: Being in the Implicate Order   Bridgetown Botanicals Bridgetown Botanicals   North Spore North Spore Mushroom Grow Kits & Cultivation Supplies


Similar ThreadsPosterViewsRepliesLast post
* Hackers steal $32 million in Ethereum
( 1 2 all )
Adden 4,629 26 09/27/17 06:45 AM
by bayshroomer
* STOCKS - An Intro Tutorial & Ongoing Discussion
( 1 2 3 4 ... 289 290 )
geokillsA 296,573 5,796 01/22/24 08:56 PM
by geokills
* Ethereum sh4d0ws 1,124 4 03/31/17 04:12 AM
by LogicaL Chaos
* My Last 6 Months: Rampant drug abuse, and making thousand off of CryptoCurrencies.
( 1 2 all )
deadwk 6,594 33 03/23/19 10:04 PM
by GlazedHazels
* Cryptocurrency tomnl 1,266 3 04/12/17 03:27 PM
by Bannannannaman
* Bitcoin speculation
( 1 2 all )
MisterMuscaria 7,528 25 03/31/21 01:50 AM
by skOsH
* Bitcoin 2jew4u 2,404 10 11/11/19 05:28 PM
by High Night Expanse
* Thoughts on Ethereum LSDx 1,578 7 05/25/17 03:32 PM
by SpinScratch

Extra information
You cannot start new topics / You cannot reply to topics
HTML is disabled / BBCode is enabled
Moderator: geokills, automan
250,302 topic views. 1 members, 1 guests and 2 web crawlers are browsing this forum.
[ Show Images Only | Sort by Date | Print Topic ]
Search this thread:

Copyright 1997-2024 Mind Media. Some rights reserved.

Generated in 0.085 seconds spending 0.057 seconds on 16 queries.