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re: Official CryptoTalk Thread

Posted on 4/16/21 at 12:16 pm to
Posted by Tiger1242
Member since Jul 2011
33112 posts
Posted on 4/16/21 at 12:16 pm to
Question for guys in this thread.
Has anyone in here actually bought anything using a crypto (other than another crypto). These things basically trade like stocks to a lot of us but the idea behind them is to be used as an actual currency, is anyone actually doing that?
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/16/21 at 12:18 pm to
yea i feel like florida is in the lead for adoption

Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82125 posts
Posted on 4/16/21 at 12:19 pm to
quote:

im not mad either, i actually like that so many are making money off of doge

Not making money until they sell
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82125 posts
Posted on 4/16/21 at 12:21 pm to
quote:

I'm not mad, but I do worry that when the DOGE bubble pops if people don't use it as an excuse to demonize the whole market and set back the growth of the other crypto projects

This is where I stand. There have been/are going to be so many new entrant jumping into DOGE. When the bubble pops, you are going to be left with a stain on crypto as a whole. No doubt the anti crypto people will use it as FUD for the real projects. And then you are also left with a large number of people that lost their asses and won't entertain entering the crypto market again.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82125 posts
Posted on 4/16/21 at 12:22 pm to
quote:

Dallas Federal Reserve President: “Central Bank Digital Currencies will not be a store of value...it is clear that bitcoin is a store of value”

HOLY shite
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/16/21 at 12:23 pm to
dogecoin subreddit is wondering what happens when the market closes today
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 4/16/21 at 12:23 pm to
And BTC will go to $1 and I’ll buy all of it.

Jk but I welcome the bear market.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82125 posts
Posted on 4/16/21 at 12:23 pm to
quote:

Has anyone in here actually bought anything using a crypto (other than another crypto).
I am buying bitcoin/others as a store of value and investment so I have not considered spending any. I will use my fiat dollars to buy things with and use my bitcoin to increase my wealth
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82125 posts
Posted on 4/16/21 at 12:25 pm to
quote:

Jk but I welcome the bear market.

I'd love some sub $50k sats
Posted by keakdasneak
Member since Dec 2006
7194 posts
Posted on 4/16/21 at 12:30 pm to
quote:

Question for guys in this thread.
Has anyone in here actually bought anything using a crypto (other than another crypto). These things basically trade like stocks to a lot of us but the idea behind them is to be used as an actual currency, is anyone actually doing that?


The first BTC I bought was immediately used to buy DMT. No regrets
This post was edited on 4/16/21 at 12:30 pm
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/16/21 at 12:34 pm to
quote:

Has anyone in here actually bought anything using a crypto (other than another crypto).


i bought illegal things for btc back in 2014/2015 but id never spend bitcoin today, the mindset behind it has changed, i feel like this is a natural evolution for many after youre in the space for awhile

with that said, its pretty obvious after the surge of doge and reading the subreddit that many people are only in this space just to sell for more dollars eventually
Posted by stout
Porte du Lafitte
Member since Sep 2006
180445 posts
Posted on 4/16/21 at 12:36 pm to
Vechain nearing .21 cents. only .79 cents to go!
Posted by keakdasneak
Member since Dec 2006
7194 posts
Posted on 4/16/21 at 12:37 pm to
Once I hit my next goal I may start using lightning with my Fold for bigger rewards. Immediately replacing what was spent of course
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/16/21 at 12:41 pm to
i feel like vechain and doge are the two best alts right now
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/16/21 at 12:41 pm to
quote:

Once I hit my next goal I may start using lightning with my Fold for bigger rewards. Immediately replacing what was spent of course


i decided against fold but im intrigued by the blockfi credit card which is coming out
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
71447 posts
Posted on 4/16/21 at 12:48 pm to
I bought a chunk of bitcoin this week which was basically an immediate death sentence for crypto.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 4/16/21 at 12:50 pm to
Just don’t sell. Imagine how many Stihls you could buy with $250,000 BTC.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82125 posts
Posted on 4/16/21 at 12:53 pm to
Fold has treated me very well so far. ~3.6% return. ~5.5% if factoring in BTC appreciation. Gotta be strategic with how you use it though. I'm not throwing 100% of my purchases on there. One nice benefit is that you can pay off a Chase CC with the Fold card for no fee AND get the spin rewards for doing that. I feel like thats a cheat code and will be shut down soon
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/16/21 at 12:57 pm to
quote:

One nice benefit is that you can pay off a Chase CC with the Fold card for no fee AND get the spin rewards for doing that.


wait what, thats a game changer. delete that asap
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/16/21 at 1:01 pm to
warrend davidson and brad sherman are arguing with each other about bitcoin over twitter. how is that app still free
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