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Invisiblebudmanman
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: geokills]
    #27278013 - 04/22/21 10:42 AM (2 years, 9 months ago)

10% gets taken, 5% gets burned forever, and 5% gets distributed to holders and I think a little goes into liquidity.

I started with 37 dollars on these shits, now I have a fortune lol. I hopped in and out of all kinds of shitter coins, I made most my gains on ones you will never hear about, most my gains early on anyway and then when that started to not work as well I went back into the OG coins.



The idea was to get in early and now its way high, I actually think it can go higher but the risk to reward ratio isn't as appealing now. But it hit 7 billion market cap before correcting. I really think it could hit 20-40 billion before the bubble bursts,

But then the math is there that you can make money even with declining market cap lol

I ain't no mathematician though for that kind of math.

OH and supposedly they're gonna open their own crypto exchange but I am not convinced that is actually gonna happen.

Right now I am sitting in poocoin and safemars.

Safe mars holders are smaller, market cap much lower, fee is 4% instead of 10%, so imo more appealing tokenomics.

But more risky in the is it a scam department? But I don't care.

Poocoin, actually has token utility. it has a 6% fee, but an actual website, a platform, add revenue and is a real business and the poocoin actually has uses on their platform.

The site keeps getting updated and improved with more functions every day,

Check it out at poocoin.app 


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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.


Edited by budmanman (04/22/21 11:31 AM)


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OfflineEnkidu
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: george castanza]
    #27279735 - 04/23/21 08:03 PM (2 years, 9 months ago)

Time will tell



I could see this falling to 45k easy, maybe reversal will start there

Ill enjoy watching for now


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Within You , Without You


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OfflinegeokillsA
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: eLeSDenes] * 1
    #27281209 - 04/25/21 07:37 AM (2 years, 8 months ago)

Quote:

eLeSDenes said:
Surprised you only hold 5% dot, are you not staking?




I am staking my DOT, XTZ and SOL. I like DOT, but it's already risen the ranks to a Top 10 coin with a ~30B+ market cap. While I believe the project has legs, I also recognize that it is up ~1000% trough to peak over the past five or so months. I think the eventual launch of their long awaited parachains can juice this asset a bit further. But as with so many liquid tradable assets, the collective market is constantly working as a forward pricing mechanism, basing current value on future expectations; hence the old adage "buy the rumor and sell the news".  In conjunction with its weakening chart technicals, I don't see a lot of room for further upside until Polkadot's parachains are fully launched and actively used by ecosystem participants.  Meanwhile, proven ecosystems that are actively used, such as BTC and ETH, are a more comfortable store of value for what has become a huge part of my overall investment mix.

To extrapolate on Solana (SOL), as it is, once again, printing another all time high... this layer 1 blockchain utilizes a novel "Proof of History" model with key benefits of 400ms block times, rock bottom fees, and capacity limits of 50-60,000 transactions per second.  Their list of ecosystem participants is impressive, including heavy hitters such as USDC, Tether, Chainlink and The Graph.  They have an existing AMM/DEX in Raydium, and of most interest is the development of Serum, which aims to feature an on-chain central limit order book, including cross-chain asset swaps.  Couple this resume with Solana offering ~12% staking rewards and valued at just over ~$10B, and that is why I have allocated more to Solana than to DOT.  Frankly, I have no DOT in my personal account, and my aforementioned 5% exposure is derived entirely from my stake in the corporate account I manage, due to accounting complexities that prevent me from investing said account into Solana at this time.  Which brings up another good point, that Solana is yet to be listed on many of the powerhouse exchanges such as Coinbase.  In my view, I believe Solana should easily match Polkadot's current valuation, which is ~3X higher.


 

Note: There are some inconsistencies in the metrics displayed in the above graphics, however they should still give you a general idea of why Solana appears to hold some major advantages over present day blockchain leaders.


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OfflineEnkidu
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: LeafRaker]
    #27286792 - 04/29/21 03:52 PM (2 years, 8 months ago)

Btc looks like 50 ema is going from support to resistance. If we fail to break, and fail to hold our lines of defense, we may see our tumble to 45 or even 40k

Based on the macd on daily (currently in selling and looks to be bouncing before transitioning to buying) and the weekly macd (recently transitioned from buying to selling for the first time since btc was like 10k or something), my bet is on further downside.



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OfflineNature Boy
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Enkidu] * 2
    #27288145 - 04/30/21 06:05 PM (2 years, 8 months ago)

My portfolio is shocking even me.  Total of $39,000 invested slowly and incrementally starting in February crossed $70,000 in value earlier today and passed $71,000 just a moment ago.  I'm blown away by future prospects...but need a graceful exit strategy for July-ish, when I think we'll be approaching a top.  I've taken off ~$12,000 back to BOA so far, so really, I've got hardly any concern of loss at this point.  Honestly, none of this $$$ will change my life one bit, no matter which way it goes.  It is fun to be winning at the game, though.

Plan for the moment remains to HODL all crypto assets and if BTC super-poops down to $45 - 46K, I'll buy another 10 - 15K.



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OfflineNature Boy
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Asante] * 1
    #27292748 - 05/03/21 07:22 PM (2 years, 8 months ago)

Quote:

Asante said:
YAAAAAAY I'm so happy for you! Slam! Thats getting paid!

Way To Fucking Go!

But if you make almost 12K in a week, you might want to take some off for a rainy day.






Thanks for the kind sentiment.  I think you are right to make this a  spiritual journey - at least in part.  After careful reflection, I think I'd like to make a decent donation to our local animal shelter and also to the meditation center/sangha that I used to be able to attend in person until the pandemic hit.  As the end of this market cycle approaches I will discuss this with my wife.

Thanks for helping to keep me oriented to what really matters.  :hug:


--------------------
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.

                                                                               


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Invisiblebudmanman
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: george castanza]
    #27304873 - 05/11/21 08:32 PM (2 years, 8 months ago)



Poocoin will be a top 100 crypto in the near future.

https://poocoin.app/tokens/0xb27adaffb9fea1801459a1a81b17218288c097cc


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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.


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InvisibleAsante
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: bodhisatta]
    #27305295 - 05/12/21 06:55 AM (2 years, 8 months ago)

Quote:

bodhisatta said:
I just wonder why they push buying gold on Rush Limbaugh et.al.
Every 30 minutes they're talking about buying gold on some commercial on 1130am(radio not time) news talk radio




There is nothing more conservative than relying on gold.

Gold has held high value undiminished for over 5000 years.

Gold is €1600 now. Will it reach €2100? Over time, yes it will. Will it return to €800 or below? No way. All value attached to assets is arbitrary, but the gold market permeated the world economy for millennia. Gold costs $1200 an ounce to mine on average, think it will sink far below that?

Banks and nations use gold to park wealth into, a store of value that corrects for inflation.




This 400oz gold bar is what $733,364 looks like. Is that so inconvenient? Less inconvenient than 73.3 stacks of Benjamins


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Offlinegopher
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Grimsweeper] * 1
    #27308499 - 05/14/21 02:26 PM (2 years, 8 months ago)



--------------------
For most of the normies out there, an operating system is just a bootloader for Google Chrome.

Since Disney has obtained tremendous value from the public domain, knows how important the public domain is, and is firmly determined to never contribute anything to it.

My pronouns are He and Him, and my adjectives are Fat and Jazzy

:kratom:


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OfflineNature Boy
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Asante]
    #27309322 - 05/15/21 04:16 AM (2 years, 8 months ago)

May 12, 2021 - bought 6000 MATIC @ 1.07 = $6,782
May 14, 2021  - sold  6000 MATIC @ 1.482= $8,892 for profit of $2,110.

Now...before you thin that's so good...MATIC promptly mooned up to 1.83 and I missed out on another $2,088.  It was literally 1/2 hour later. Fuck me! :facepalm:



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Offlineblackhawk
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Nature Boy]
    #27311665 - 05/16/21 08:04 PM (2 years, 8 months ago)

Quote:

Nature Boy said:
Quote:

CHeifM4sterDiezL said:
People are calling musk the "dogefather" now. That's it thats the last straw this guy has taken everything from me thats it.




I fucking went off on him on Twitter.  It was my FIRST tweet ever.  Felt good.  No come back from the scumbag - at least not yet.  Some lawyer on Twitter suggested he might find himself sued in a class-action lawsuit for market manipulation.  That would be sweet!!!! :thumbup:

Actually Musk and Dogecoin are a perfect match.  Shit person and shit coin go together like ham and eggs.



Lately it seems he's lost his marbles and will probably respond to your tweet with "Nature boy go brrrr." It's as if we're dealing with a child now.



https://twitter.com/PeterMcCormack/status/1393971202738302986



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OfflinegeokillsA
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: geokills]
    #27312422 - 05/17/21 11:12 AM (2 years, 8 months ago)



SOL is threatening to push out of its high base.  With daily Bollinger Bands tightening to around ~20% of price, it's not a particularly tight squeeze, however tight squeezes are hard to come by in this space, so a month of sideways movement to digest a 300% move the prior month may be all we get.  I'm not anticipating a breakout, but the return of exceptional volume over the past two days as SOL tests $50 does breed some confidence, especially in light of broad sector weakness.  For now, SOL's two daily candles do show overhead supply above $50 (the opposite of the "tweezer bottom" I have previously discussed).  However, because SOL is still in a high base instead of the tail end of a directional move, the "tweezer" structure is less instructive, even as it does indicate some short-term supply.


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InvisibleAsante
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Ima Trooper]
    #27315909 - 05/20/21 05:56 AM (2 years, 8 months ago)

A costly lesson, but it was learned.



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OfflinegeokillsA
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: geokills] * 1
    #27317874 - 05/21/21 06:35 PM (2 years, 8 months ago)

The higher volume springboard this afternoon does set the stage for a higher low, both on an absolute (i.e. price) and relative (i.e. bollinger band) basis from the primary plunge.  Don't get in over your heads, keep purchases small and on a leash, but this is starting to look slightly more encouraging.  Mind you, I only have an eye for near term stabilization to ensure we aren't falling off a cliff.  New highs?  Not even on my radar right now.  If you find yourself underexposed, this appears to be an appropriate level to nibble.  YMMV.



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Invisiblebudmanman
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: bodhisatta] * 1
    #27318363 - 05/22/21 06:47 AM (2 years, 8 months ago)

I'm not worried my shitcoin strategy still working.



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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.


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InvisibleAsante
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Asante]
    #27320199 - 05/23/21 04:13 PM (2 years, 8 months ago)

Quote:

Asante said:
A costly lesson, but it was learned.







Me pulling out when I did saved me approx 1/3 of the money that was left.

I'm so happy :yaysugar:


But what do you guys think is the turning point? How low do you think it will go?

I'm lookig to re-enter at the bottom.

Looking at BTC p-articularly, since it drags the whole mArket, where do you guys believe the bottom lies? Its now €27K, half what it was days ago.


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OfflineNature Boy
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Enkidu]
    #27320832 - 05/24/21 05:20 AM (2 years, 8 months ago)

Quote:

Enkidu said, in part:
Congrats on the good news Nature Boy






Thanks, Enkidu.  Yeah, I'm sure happy.  My daughter made a bad choice in a man earlier in her life and suffered serious mistreatment at his hands for a LONG time.  He once beat her, threw her out of the car and left her by the roadside.  He went to jail for that one.

Her current live-in mate is a spectacularly nice guy with a great future.  Owns his own IT company, and he ordered and assembled the computer I use, which is nothing short of spectacular.

On the topic of crypto, however...recent choices I've made sure have been bringing dividends.  Bottom fishing MATIC led to a 77% increase in valuation with only a mild improvement from BTC.  Likewise, LINK, with a 42% increase in valuation - all in the last 36 hours.  Graphs below.






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OfflineNature Boy
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Grimsweeper]
    #27321189 - 05/24/21 01:11 PM (2 years, 8 months ago)

Quote:

Grimsweeper said:
Sold 25% of YFI @45100.

If BTC drops 10% all those huge alt coins gains can disappear just as quickly.




Exactly!  I sold my 4000 MATIC at 1.900 because it seemed to have been struggling/stalling/losing momentum at 1.90 and above.  It did hit 1.99 for an instant, but I'm not unhappy about missing out on a measly $280 or so bucks. It has now dropped back to 1.70, so it was great call.  I pocketed $4,340 in 26 hours on MATIC alone, which I can now use to DCA down my BTC position on the next trip down volatility lane.  With the added available cash, I'm even better positioned at no added risk to buy the next dip.

And if there is no dip, I'll be happy when the market goes up, too.  Win-win.  :biggrin:




Edited by Nature Boy (05/24/21 01:18 PM)


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InvisibleAsante
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: LeafRaker]
    #27322230 - 05/25/21 07:30 AM (2 years, 8 months ago)



I'm out!

I share the sentiment that I can see BTC take a dive in the shortterm, maybe as low as the $20-24K that Geo called, so I thought it wise to pull out with a slight profit now into euros and keep those on hand to move back into the same positions when they are cheaper.

I'll be buying into:

Cardano ADA
Polkadot DOT
Kusama KSM
Lumen XLM :nicekitty:

Lets stay on the ball guys, we can make a buck here.

Speak your mind about how you see things and new developments.


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InvisibleAsante
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Asante]
    #27322397 - 05/25/21 10:01 AM (2 years, 8 months ago)

If anybody's interested, I've put out the following limit buy orders:





These are Euros mind you, €1 = $1,22 = BTC 0.00003189 right now.


I expect the BTC to get a drop soon, which will take each of these four cryptos at the lowest level they were this week. At this point, my limit buy orders snap into effect and I autobuy positions at that point.

Remembering what I had in Kusama, if that comes to pass my positions are about 20% increased in amount of cryptos.

I think BTC is going to wiggle so I'll probably sell at a modest profit, then rebuy when it sinks yet lower.


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