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re: Official CryptoTalk Thread

Posted on 5/18/24 at 10:49 am to
Posted by I Love Bama
Alabama
Member since Nov 2007
37743 posts
Posted on 5/18/24 at 10:49 am to
Posted by Falco
Member since Dec 2018
1301 posts
Posted on 5/18/24 at 2:35 pm to
Do a little crypto transparency


I myself,
Bought LINK at 0.005, average 1.68, sold at 9.88
Bought XLM at 0.88 average at 0.77, never sold
Bought BTC at 100, average 27,000, sold randomly through the years
Bought SHIB at 0.0000017, average at 0.00031, sold at 0.000067 (still invested)
Bought PEPE at 0.000000788, sold at 0.00000578


Overall I've been lucky I've lost money on several not listed meme coins and bullshite but overall I'm up on CRYPTO thanks in part to BTC
Posted by 98eagle
Member since Sep 2020
1983 posts
Posted on 5/18/24 at 2:45 pm to
quote:

Coinbase is going to get left out in the cold it looks like.


Just wait until Fidelity upgrades it's Fidelity Crypto service to operate just like Coinbase. Ive talked with Fidelity several times earlier this year about this. They say they are working on it and planning to implement this capability later this year with Bitcoin. Imagine how many people will move their Bitcoin from Coinbase to Fidelity when that happens.
Posted by I Love Bama
Alabama
Member since Nov 2007
37743 posts
Posted on 5/18/24 at 3:14 pm to
Yep.

Even people like me who use cold wallets will be tempted to just leave it with Fidelity.

So much less friction.

Trying to explain cold wallets to someone whos not balls deep in crypto is almost impossible
Posted by 98eagle
Member since Sep 2020
1983 posts
Posted on 5/18/24 at 3:46 pm to
quote:

Trying to explain cold wallets to someone whos not balls deep in crypto is almost impossible


I agree. It's really not that complicated, but it can be scary for first time users of cold wallets. I remember doing this years ago for the first time. I would always do a small transaction first. I also encrypted my pass phrases, etc.

Concerning Coinbase and Fidelity, Fidelity has the best customer service and platform hands down.
Posted by mach316
Jonesboro, AR
Member since Jul 2012
4781 posts
Posted on 5/18/24 at 11:29 pm to
I think Coinbase stock will do well with Base Chain gaining momentum.
Posted by BottomlandBrew
Member since Aug 2010
27174 posts
Posted on 5/20/24 at 2:34 pm to
Massive green dildos are lighting up the charts right now.

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Posted by I Love Bama
Alabama
Member since Nov 2007
37743 posts
Posted on 5/20/24 at 3:39 pm to
I was very wrong on this.

I don't see how they can not call this a security, but happy for the ETH holders.
Posted by The Baker
This is fine.
Member since Dec 2011
16187 posts
Posted on 5/20/24 at 3:48 pm to
quote:

I don't see how they can not call this a security


Who is the issuer of the security?
Posted by Pierre
Baton Rouge
Member since Nov 2005
5289 posts
Posted on 5/20/24 at 3:53 pm to
Any crypto gurus have a price target on eth if the sec rules it is not a security?
Posted by I Love Bama
Alabama
Member since Nov 2007
37743 posts
Posted on 5/20/24 at 4:30 pm to
Raised money and literally had an ico. lol.

Like 60% of the coins were given to first investors.

Posted by The Baker
This is fine.
Member since Dec 2011
16187 posts
Posted on 5/20/24 at 4:38 pm to
quote:

Like 60% of the coins were given to first investors.

Satoshi has over a million BTC, valued over 60 billion dollars.

Who issues the new ETH to investors?
This post was edited on 5/20/24 at 4:40 pm
Posted by BottomlandBrew
Member since Aug 2010
27174 posts
Posted on 5/20/24 at 4:55 pm to
Eth is a security. Eth is a commodity. Eth is money.

The old one or another does not apply to many tokens.
Posted by I Love Bama
Alabama
Member since Nov 2007
37743 posts
Posted on 5/20/24 at 5:57 pm to
quote:

Satoshi has over a million BTC, valued over 60 billion dollars.


Who did he raise money from?

Bitcoin traded at $0 for a LONG time.

Posted by I Love Bama
Alabama
Member since Nov 2007
37743 posts
Posted on 5/20/24 at 5:58 pm to
quote:


Who issues the new ETH to investors?


Now? Or in the past or future? It's hard to answer because ETH has a history of changing the rules via their CEO recommendation. LOL
Posted by QboveTopSecret
America
Member since Feb 2018
3246 posts
Posted on 5/20/24 at 7:23 pm to

Fidelity? did not know this, what's the ETA on this move, you reckon.
Posted by QboveTopSecret
America
Member since Feb 2018
3246 posts
Posted on 5/20/24 at 7:39 pm to
quote:

Frog cycle apparently


Pepe coin holders will be overjoyed by the gains the coin has experienced in the past 24 hours. The coin recently gained a 281% increase in trading volume, reaching an unprecedented high of $2.89 billion and moving up to the 24th position on Coinmarketcap’s list.



In fact, among these 24 coins, Pepe Coin (PEPE) has been the best-performing in the past seven days, gaining 32.9% in the process.



This surge has garnered significant attention and interest, making Pepe Coin (PEPE) one of the 10 most traded coins in the world.



PEPE has already outperformed other meme-based coins, including Dogecoin (DOGE). If the coin continues this bullish run, it could move further up the list and become one of the world’s top 20 coins solely by market cap.

quote:

SDtiger16
Called it.
Posted by The Baker
This is fine.
Member since Dec 2011
16187 posts
Posted on 5/20/24 at 8:02 pm to
quote:

rules via their CEO recommendation.

I understand who you are now.
Posted by BottomlandBrew
Member since Aug 2010
27174 posts
Posted on 5/20/24 at 8:48 pm to
quote:

ETH has a history of changing the rules via their CEO recommendation


I've said this before, but the strength of Bitcoin is that the community is resistant to change. The strength of Ethereum is that the community welcomes change (via community consensus). The world needs both. Maxism on both sides boggles my mind.

And at Vitalik being CEO.
Posted by I Love Bama
Alabama
Member since Nov 2007
37743 posts
Posted on 5/21/24 at 6:42 am to
quote:

The strength of Ethereum is that the community welcomes change (via community consensus).


It is a strength. Agreed.

But What commodities have the ability to change?

Orange juice
Coffee
Oil
Cattle
Gold
Silver
Etc.

It’s ability to change is why it’s not a commodity.

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