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re: Official CryptoTalk Thread

Posted on 6/8/21 at 10:40 am to
Posted by maclauer
Member since Nov 2011
4765 posts
Posted on 6/8/21 at 10:40 am to
Buying Wendy’s stock and working at Wendy’s until crypto is back
Posted by maclauer
Member since Nov 2011
4765 posts
Posted on 6/8/21 at 10:48 am to
The last time BTC was at this price a few sundays ago, ETH was 1.9k and SOL was 19. Now 2.36k and 36. Still some decoupling hopium.
Posted by adamau
Member since Oct 2020
3525 posts
Posted on 6/8/21 at 10:51 am to
Sub 22 Link order popped, so there's that.
Posted by NashvilleTider
Your Mom
Member since Jan 2007
11403 posts
Posted on 6/8/21 at 10:52 am to
Just more time to accumulate

I hope ada falls below a dollar - I'll get at crap load.
Posted by TigerDeBaiter
Member since Dec 2010
10267 posts
Posted on 6/8/21 at 11:06 am to
Yeah. 100-1 leverage that works until it doesn’t.
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43305 posts
Posted on 6/8/21 at 11:14 am to
You know, I don't usually want regulation on the crypto market, but I wish there was a way to prevent these exchanges from allowing that kinda insane leverage. It breeds extra volatility.
Posted by lsu777
Lake Charles
Member since Jan 2004
31436 posts
Posted on 6/8/21 at 11:52 am to
quote:

You know, I don't usually want regulation on the crypto market, but I wish there was a way to prevent these exchanges from allowing that kinda insane leverage. It breeds extra volatility.


which in the long run makes you money.

now stop with that insane talk.
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 6/8/21 at 12:05 pm to
the only thing they need to regulate is the rug pull cumrocket coins

everyone who creates a coin/token needs to kyc to prevent exit scams
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 6/8/21 at 12:09 pm to
quote:

You know, I don't usually want regulation on the crypto market, but I wish there was a way to prevent these exchanges from allowing that kinda insane leverage. It breeds extra volatility.


Bitcoin is all about freedom, and that includes the freedom to use leverage when someone is going to provide it to you.

Let them wreck themselves, it will work itself out long term
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11193 posts
Posted on 6/8/21 at 12:17 pm to
Bitcoin is amazing for vol traders. The entire asset class of crypto has transferred all of the equity and bond volatility into these assets. Pretty cool phenomena.
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 6/8/21 at 12:33 pm to
I can get behind this. Shitcoins were pretty bad this cycle. If this cycle is indeed over, I blame shitcoins for the disappointing btc run.
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 6/8/21 at 12:42 pm to
yea. I'm not against "shitcoins" but those creators need to be held accountable if they decide to exit scam the newbs
Posted by FlyinTiger93
Member since May 2010
3596 posts
Posted on 6/8/21 at 1:17 pm to
All in all, I still feel pretty good. Down 10%. Matic and ADA saving me, right now. They did not drop as deep.
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 6/8/21 at 1:27 pm to
yea appears MATIC ADA and SOL have been best performers the past month on a quick glance
This post was edited on 6/8/21 at 1:29 pm
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43305 posts
Posted on 6/8/21 at 1:32 pm to
It can't be regulated anyway, since exchanges are everywhere. Mostly just stating that it's an annoying feature that causes some huge dips. I assume some people actually make money pulling 100x leverage otherwise people wouldn't continue to do it.




I do strongly agree with having a way to hold rug pullers and other scam coins held accountable. These scammers make tons of money preying on new people and gives the crypto space a bad look.
Posted by TigerDeBaiter
Member since Dec 2010
10267 posts
Posted on 6/8/21 at 1:50 pm to
quote:

yea. I'm not against "shitcoins" but those creators need to be held accountable if they decide to exit scam the newbs

Why? They gambled and lost. There’s no other reason they bought cumrocket69. Reminds me of Tommy Boy. In you want me to take a shite in a box and mark it guaranteed, I will... I got spare time.

You’re not going to get regulation for just shite coins. In fact, with regulation shite coins wouldn’t even exist, and then you’re just regulating the entire legit market. Like volatility or not, there’s a lot of money to be made from it. And I would imagine that is the draw for a lot of people to “invest” in crypto right now.
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 6/8/21 at 1:53 pm to
I also agree with this. Volatility is why crypto is good right now.

I just wish people would stop putting fiat in projects I don’t own, and I will never own “cum rocket”
This post was edited on 6/8/21 at 1:54 pm
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 6/8/21 at 2:07 pm to
quote:

You’re not going to get regulation for just shite coins


I mean that's actually their plan soo
Posted by zzgobucky
Madison
Member since Sep 2016
1741 posts
Posted on 6/8/21 at 2:31 pm to
Any pancakeswap users here know if Babyswap is legit? It looks to have passed its certik audit but the replies to its twitter posts seem to be mostly from bots which is a big red flag.
Posted by boomtown143
Merica
Member since May 2019
6723 posts
Posted on 6/8/21 at 3:04 pm to
quote:

yea appears MATIC ADA and SOL have been best performers the past month on a quick glance


1 month change...

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