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re: Official CryptoTalk Thread
Posted on 12/15/23 at 10:19 am to 21JumpStreet
Posted on 12/15/23 at 10:19 am to 21JumpStreet
Just got listed on Coinbase yesterday and Binance soon to follow. Think I’m gonna ride it a little longer just to see if it can take out SHIB and possibly DOGE in market cap.
Posted on 12/15/23 at 10:30 am to mach316
quote:
Anyone else riding the BONK train?
take profits
Posted on 12/15/23 at 10:42 am to mach316
Usually the time to sell when they hit the exchanges and when I know about them
Posted on 12/15/23 at 11:06 am to mach316
You'll be able to buy it at a 50% discount in the next 6 weeks or so.
Posted on 12/15/23 at 12:48 pm to mach316
quote:
Anyone else riding the BONK train?
I've jumped on and off. I never put more than $100 on meme coins though.
quote:
Hopefully this is DOGE 2.0.
I think it's done. I could be wrong though.
Posted on 12/16/23 at 3:11 pm to LordSaintly
Bonk is dead- get on Snek ASAP. has 10x-40x upside potential. The Cardano cult will have it's day in the sun. It won't go has doge, but it will out-do bonk.
Posted on 12/16/23 at 3:14 pm to BogDaHOg
quote:
BogDaHOg
Bonk is dead- get on Snek ASAP. has 10x-40x upside potential. The Cardano cult will have it's day in the sun. It won't go has doge, but it will out-do bonk.
You want we to buy a shite coin that is up 800% since Dec 1?
Take that shite to your grandma
This post was edited on 12/16/23 at 3:15 pm
Posted on 12/16/23 at 3:22 pm to MrSpock
ACS is performing amazing for me, why?
Posted on 12/18/23 at 8:28 am to bayoubengals88
Anyone in bbank and doing the Fi swap?
Posted on 12/18/23 at 12:11 pm to RATeamWannabe
Did it and got 97% swap, I’m not doing kyc for their app and I’m betting LA will be not approved as well.
Anyone else get in on $COQ on avax?
I’m up 18x and just riding out with a few billion coins, hoping it pulls a $bonk. It’s been listed on 2 exchanges last 12hrs.
Anyone else get in on $COQ on avax?
I’m up 18x and just riding out with a few billion coins, hoping it pulls a $bonk. It’s been listed on 2 exchanges last 12hrs.
Posted on 12/18/23 at 12:14 pm to eng08
quote:I tried to DL the app and got nowhere
Did it and got 97% swap, I’m not doing kyc for their app and I’m betting LA will be not approved as well.
how did you go about it if you dont mind me asking
Posted on 12/18/23 at 12:16 pm to RATeamWannabe
Swapped on pancake swap on bsc.
It was $.01 cheaper than eth when I bought a few weeks ago,txn fee was same price vs $20
It was $.01 cheaper than eth when I bought a few weeks ago,txn fee was same price vs $20
Posted on 12/18/23 at 12:26 pm to eng08
I should have known better than to expect that shite to be easy
Posted on 12/18/23 at 3:08 pm to RATeamWannabe
The recent ledger fiasco brought up a topic that I saw mentioned over the weekend that I'd like a little clarification on. Apparently people that have been DCA and making regular purchases weekly or monthly are getting hit with enormous fees at sale because of something based on the number of overall transactions they've made with their wallet. Am i understanding correctly that if you transfer an amount of BTC from a cold wallet to a central exchange, there will be a fee based on the number of overall transactions made? I was a little unclear on that. It's been hammered into the newcomer's head "not your keys not your coins" ad nauseum so I know getting your stack off of exchanges and onto a cold storage is what you're supposed to do, but apparently you shouldn't do it in too many transactions? I feel like I'm probably missing something or not getting that right.
Posted on 12/18/23 at 3:24 pm to WG_Dawg
i laugh when folks spew the old "not your keys..." or "be your own banker" lines and talk about how banks are the bad buy, but if you really think about it, crypto is really an archaic form of banking. however, that doesn't keep me from investing because this isn't about being your own banker or being in control of your own money. it's about making money. no different than the stock market.
want to wire funds to your family member's bank account?
plug in an account number and routing number and maybe pay the bank a fee.
bank is in control.
any screw ups, the bank can fix.
want to send crypto?
plug in an address and pay the miners a transfer fee.
you're in 100% control.
any screw ups, that's on you.
but to answer your question, yes, you want to have a nice egg to transfer in one go instead of multiple tiny eggs in multiple goes.
want to wire funds to your family member's bank account?
plug in an account number and routing number and maybe pay the bank a fee.
bank is in control.
any screw ups, the bank can fix.
want to send crypto?
plug in an address and pay the miners a transfer fee.
you're in 100% control.
any screw ups, that's on you.
but to answer your question, yes, you want to have a nice egg to transfer in one go instead of multiple tiny eggs in multiple goes.
Posted on 12/18/23 at 3:36 pm to WG_Dawg
quote:Correct, bitcoin fees are based on the number of bytes per transaction. Fees are usually listed as number of sats per byte of the transaction. The more UTXOs involved, the more bytes. Using round numbers as an example - if you made 100 purchases of 0.01 bitcoin and sent each purchase to cold storage, then at a later date wanted to send your whole 1.0 bitcoin from cold storage to an exchange or another wallet, there would be 100 UTXOs associated with that 1.0 bitcoin.
Am i understanding correctly that if you transfer an amount of BTC from a cold wallet to a central exchange, there will be a fee based on the number of overall transactions made?
While "Not your keys not your coins" is important, proper UTXO management is also important. Taking advantage of low fee times to consolidate your UTXOs into 1 or a few transactions is important. Also, sending $100 of BTC at a time to cold storage is not the smartest way to do it. Build up a stack on a reputable exchange, then withdraw when you hit a certain level. The ship has sailed on the really low fees so now just keep an eye out for when the are not ridiculous.
Posted on 12/18/23 at 3:52 pm to RATeamWannabe
I mean - it was 0.065 on bsc and 0.075 on eth, I’m ok taking the 3% swap fee when I got a 15% discount vs eth.
You can buy on uniswap too
You can buy on uniswap too
Posted on 12/18/23 at 6:37 pm to finchmeister08
quote:
want to wire funds to your family member's bank account? plug in an account number and routing number and maybe pay the bank a fee. bank is in control. any screw ups, the bank can fix.
want to send crypto? plug in an address and pay the miners a transfer fee. you're in 100% control. any screw ups, that's on you.
Yeah. One key difference. The bank can place a hold, deny it, or reverse it. And it takes days to fully settle. Yes, they can float it to you faster, but not fully settle.
But yes. 99.8% are here to make money, not transfer payments
Posted on 12/18/23 at 8:12 pm to RATeamWannabe
quote:
Anyone in bbank and doing the Fi swap?
No but I almost bought some Fideum straight up earlier. Didn’t have a ton of time for due diligence. Think it’ll be a mover? I don’t know much about bbank
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