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re: Official CryptoTalk Thread
Posted on 2/19/21 at 11:49 am to lsu777
Posted on 2/19/21 at 11:49 am to lsu777
def man. I even saw a post from Hulkklogan who admitted changing his old thought processes and misconceptions.
with crypto, if you're confused and don't get it and are not comfortable with the crypto space, then I'm fine with that. I get it.
but if you are confused and don't get it and then try to spread fear to others, you're just being salty
with that said, a lot of people have came into this thread with an open mind, asking questions, hoping to learn so guys like dvr are not the norm
with crypto, if you're confused and don't get it and are not comfortable with the crypto space, then I'm fine with that. I get it.
but if you are confused and don't get it and then try to spread fear to others, you're just being salty
with that said, a lot of people have came into this thread with an open mind, asking questions, hoping to learn so guys like dvr are not the norm
2
Posted on 2/19/21 at 11:54 am to DVinBR
quote:
i don't give a frick about a dip on it
i don't care if it goes to fricking $1mil a coin
i don't buy something that has value driven by massive pumping in the media and FOMOing by millions of people, if people like Elon can send a tweet out to manipulate a market causing billions in a swing like that without any repercussions I'm definitely staying the frick away
Posted on 2/19/21 at 11:54 am to TigerTatorTots
have you listened to saylors latest pod with saifedean?
in the last segment, it gets really interesting, and his basic thesis is that we will never see another big pull back again and that the 4 yr halving cycles are now "irrelevant"
in the last segment, it gets really interesting, and his basic thesis is that we will never see another big pull back again and that the 4 yr halving cycles are now "irrelevant"
Posted on 2/19/21 at 11:55 am to rocket31
quote:En route to the gym right now and will be listening as I push around some iron
have you listened to saylors latest pod with saifedean?
Posted on 2/19/21 at 11:56 am to rocket31
quote:
with that said, a lot of people have came into this thread with an open mind, asking questions, hoping to learn so guys like dvr are not the norm
yea I know. I am salty with people like him and everytime i look at past coinbase or circle app I get more pissed I listened to idiots like him back in the early days. Makes me glad I cant see the ones I bought on silk road back in the day lol. Plus people like him are pissing me off big time because I gave up all forms of direct carbs for lent
and pretty much everythign pisses me off at the moment. and yea Hulklogan totally changed and is now certified through precision nutrition and other things.
Posted on 2/19/21 at 11:59 am to TigerTatorTots
Are any of you doing a DCA or monthly investments into BTC or are you just watching your original investment grow?
Posted on 2/19/21 at 12:16 pm to 13SaintTiger
I don’t have a reoccurring buy but I manually throw in a little each week
I’ll probably pump the brakes between 75k-100k BTC price and just watch it grow from there. Got some home renovations that I need to throw my worthless USD at
I’ll probably pump the brakes between 75k-100k BTC price and just watch it grow from there. Got some home renovations that I need to throw my worthless USD at
This post was edited on 2/19/21 at 12:18 pm
Posted on 2/19/21 at 12:20 pm to lsu777
"The young and quick-witted did well. Overnight they became free, rich, and independent. It was a situation in which mental inertia and reliance on past experience were punished by starvation and death, but rapid appraisal of new situations and speed of reaction were rewarded..."
-Sebastian Haffner on 1923 Weimar Germany in the book Defying Hitler
-Sebastian Haffner on 1923 Weimar Germany in the book Defying Hitler
Posted on 2/19/21 at 12:24 pm to rocket31
quote:
but if you are confused and don't get it and then try to spread fear to others, you're just being salty
This right effing here.
Posted on 2/19/21 at 12:28 pm to TigerTatorTots
quote:
I’ll probably pump the brakes between 75k-100k BTC price
no no no no that's when you are supposed to be continuing to FOMO buy it, you'll miss out when it goes to $200k
am i doing this right?
Posted on 2/19/21 at 12:37 pm to DVinBR
quote:
no no no no that's when you are supposed to be continuing to FOMO buy it, you'll miss out when it goes to $200k
am i doing this right?
get the frick outta here Gramps 
Posted on 2/19/21 at 12:38 pm to DVinBR
Keep waiting on those CD rates to go up baw!!!
This post was edited on 2/19/21 at 12:39 pm
Posted on 2/19/21 at 12:40 pm to DVinBR
bitcoin has gone up more in the last 30 days than the total price during the last all time high ($21k)
Posted on 2/19/21 at 12:43 pm to 21JumpStreet
quote:
I'm trying to figure out what is what. What are the comparisons so far in yalls opinion?
Bitcoin = Digital Gold
Dexs are companies like fidelity to trade?
The graph = Google for blockchain?
Link= ?
Nfts are like trading cards/art?
Ethereum and smart contracts are?
Bitcoin is just Bitcoin at this point. There are a number of reasons why the Bitcoin network has value, but at this point those reasons are overshadowed by people who buy it because of it's price potential. Don't think of it relative to anything else. It is Bitcoin.
DEX/DeFi protocols are not really "companies". All these are at the basic level is a set of protocols that allow traders a transparent way to exchange digital contracts between one another without the need for a central authority. The authority IS the rulebook that users have to abide by in order to send valid transactions. It's most of these are very basic, and don't allow any kind of advanced trading functionality. Side note: Nexus Earth will be releasing a Dex protocol in qtr 2 that will look a lot more like a mainstream trading platform that allows limit orders etc.
The Graph is basically a data indexing protocol that allows developers to access and use data stored in transactions and smart contracts with relative ease. If you are making software that requires data input from thousands or millions of sources, the graph will allow you do that using a single platform, rather than going to the source of each piece of data you need. It does a lot of other stuff too.
Link is an oracle platform. It on boards sensor data onto blockchains according to the needs of each users. If graph is a service that references data, link is a service that on boards that data to be referenced.
Ethereum and smart contract platforms are so broad in scope it's hard to summarize. They basically form the bottom of the pyramid on which all these other services are built.
Posted on 2/19/21 at 12:43 pm to DVinBR
quote:
am i doing this right?
No, don’t use your hands or teeth
Posted on 2/19/21 at 12:50 pm to DVinBR
quote:
i don't give a frick about a dip on it i don't care if it goes to fricking $1mil a coin i don't buy something that has value driven by massive pumping in the media and FOMOing by millions of people, if people like Elon can send a tweet out to manipulate a market causing billions in a swing like that without any repercussions I'm definitely staying the frick away
But it can buy me a boat
It can buy me a truck to pull it
It am buy me a yeti 110 iced down ...
Posted on 2/19/21 at 12:59 pm to rocket31
quote:
"The young and quick-witted did well. Overnight they became free, rich, and independent. It was a situation in which mental inertia and reliance on past experience were punished by starvation and death, but rapid appraisal of new situations and speed of reaction were rewarded..."
-Sebastian Haffner on 1923 Weimar Germany in the book Defying Hitler
I've been thinking about this quite a bit and would recommend this podcast as a listen. They barely even mention BTC or crypto but it is crypto adjacent in that it is about the Plan B community philosophy. We are at a point where our legacy systems and thinking cannot and will not continue. Technology is not the end all be all but it can help us create better systems from the ground up quickly. If I were a Boomer I'd start making myself more familiar with this area of thought. And quicky.
DarkHorse Podcast w Daniel Schmactenberger
Posted on 2/19/21 at 12:59 pm to lsu777
quote:
yet here we are, making money year after year and even if you bought at the very peak in late 2017 at 19k, you are up ~275%.
This kind of talk is not helpful because a lot of people got absolutely smoked and left.
Hindsight is always 20/20.
It is best we stop comparing the previous years. Much is different today.
Posted on 2/19/21 at 1:00 pm to keakdasneak
appreciate that link. I will listen
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