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re: Official CryptoTalk Thread

Posted on 2/20/21 at 2:11 pm to
Posted by WG_Dawg
Member since Jun 2004
89803 posts
Posted on 2/20/21 at 2:11 pm to
quote:

Bunch of pools just opened signaling a coinbase listing.


When do you think it'll be listed on coinbase?
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 2/20/21 at 2:17 pm to
quote:

individual countries starting there own CRYPTO
So an on chain fiat basically. As long as the UD can control supply, it will have nothing on BTC
Posted by Fox McCloud
Member since Oct 2020
3525 posts
Posted on 2/20/21 at 2:39 pm to
quote:

Bitcoin is not a currency


Keep telling yourself that
Posted by DVinBR
Member since Jan 2013
15388 posts
Posted on 2/20/21 at 4:01 pm to
quote:

Bitcoin is not a currency


not according to Satoshi Nakamoto

Bitcoin: A Peer-to-Peer Electronic Cash System
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82098 posts
Posted on 2/20/21 at 4:23 pm to
quote:

These altcoins are a joke.
Probably the only thing you and I will ever agree on in this thread.
Posted by EarlyCuyler3
Appalachia
Member since Nov 2017
27290 posts
Posted on 2/20/21 at 4:26 pm to
quote:

So, help the not-so-tech-savy out. I understand the basics of a VPN, but using a VPN will give my Coinbase account and app other coins? Or the VPN will give me access to other exchanges?


You just use the VPN to get a UK or whatever IP address. The register as normal. Transfer in from Coinbase and you're done. There are some limits on how much you can transfer out at a time without verification, but obviously we can't verify being in the UK because we aren't.
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5587 posts
Posted on 2/20/21 at 4:34 pm to
Pancakes, polkadots, sushi, and just saw one called Donut (up 80% on the day)
Posted by jwn0002
Member since Oct 2019
29 posts
Posted on 2/20/21 at 4:35 pm to
(no message)
This post was edited on 11/30/24 at 8:31 am
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82098 posts
Posted on 2/20/21 at 4:39 pm to
quote:

How can you pay for something in .000012% of a bitcoin?
Because 1 bitcoin = 100,000,000 sats (satoshis). Now that bitcoin is getting to such high prices, it would make a long more sense for people to start thinking in terms of sats instead of whole bitcoins. Someone new starting out psychologically would fare better knowing that are buying 2,000,000 satoshis with their $1,000 rather than just buying 0.02 bitcoins.
This post was edited on 2/20/21 at 4:44 pm
Posted by EarlyCuyler3
Appalachia
Member since Nov 2017
27290 posts
Posted on 2/20/21 at 4:42 pm to
quote:

Gold has a use but I’ve never seen anyone pay for anything in gold.




It's just a store of value. Simply because a lot of people agree on it. Though gold does have physical uses whereas BTC does not.

It's kind of like this: We don't really care what use the coin is or if it ever actually does anything so long as we can ride the wave up and take some profit. I have no idea what the concept behind CAKE is but if I can make 10, 20 or 30% off of it, who cares?

This ride will stop at some point but now is the time to be slicing some change off IMO.
This post was edited on 2/20/21 at 4:43 pm
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 2/20/21 at 4:45 pm to
quote:

How can you pay for something in .000012% of a bitcoin?


#PoweredByChainlink


quote:

Recently, Danal Fintech, a virtual asset payment service provider announced using Chainlink oracles in commercializing Bitcoin payments in South Korea. It will be leveraging the Paycoin wallet, while the oracles will provide access to real-time market prices when converting Bitcoin to Paycoin’s digital currency, PCI.
This post was edited on 2/20/21 at 4:46 pm
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 2/20/21 at 4:46 pm to
quote:

How can you pay for something in .000012% of a bitcoin?
Sigh
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5587 posts
Posted on 2/20/21 at 5:10 pm to
BNB is taking a bath.

A lot of these moonshots are getting wrecked
Posted by finchmeister08
Member since Mar 2011
39871 posts
Posted on 2/20/21 at 5:48 pm to
quote:

How can you pay for something in .000012% of a bitcoin?


Funny you ask because Elon just tweeted a video explaining it...

LINK
Posted by Delacroix22
Member since Aug 2013
4537 posts
Posted on 2/20/21 at 6:01 pm to
It's funny that people in this thread are uncomfortable with bitcoin because it only has value because people are speculating that it does....

Which is the basis of all currency in the history of mankind UNTIL fiat currency which isn't based on any fricking thing at all and is a valueless piece of paper not backed by any thing at all.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 2/20/21 at 6:17 pm to
quote:

BNB is taking a bath.

A lot of these moonshots are getting wrecked


lol its up 500% in one month
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 2/20/21 at 6:18 pm to
quote:

These altcoins are a joke. The market caps on tokens like sushicoin and pancake coin is billions. What a fricking joke. Can’t wait for it to come crashing down.



do you even understand what pancakeswap is?
Posted by DallasTiger11
Los Angeles
Member since Mar 2004
13426 posts
Posted on 2/20/21 at 6:29 pm to
quote:

These altcoins are a joke. The market caps on tokens like sushicoin and pancake coin is billions. What a fricking joke. Can’t wait for it to come crashing down.

Melt

ETA: Mark Cuban owns sushi btw
This post was edited on 2/20/21 at 6:34 pm
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5587 posts
Posted on 2/20/21 at 6:47 pm to
quote:

lol its up 500% in one month


I know that. I am trying to make myself feel better!
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 2/20/21 at 6:53 pm to
my man.

but if the thesis is accurate and bnb continues to cut into the marketcap of eth. it's conservatively a $750-1000 coin

$220B : Eth

$40B : BNB

you might be late to the ride but it's just getting started IMO
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