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Posted on 5/20/21 at 10:16 am to rocket31
okay so after yesterday went down the stable coin rabbit hole
seems about only way to avoid obnoxious ETH gas fees is transferring USDC from Coinbase Pro - but there is a waiting period to approve new wallet address
thanks for bringing this to our attention
seems about only way to avoid obnoxious ETH gas fees is transferring USDC from Coinbase Pro - but there is a waiting period to approve new wallet address
thanks for bringing this to our attention
Posted on 5/20/21 at 10:18 am to dagrippa
quote:
All the morons (I dont care if you can scalp with them) buying these meme coins took some really good steam out of the bull. Thanks Elon.
is someone that bought doge at .002 and sold above 50 cents really a moron?
as much as i may hate it, this is like a person who only invest in big stocks making 15-20% per year, calling a gme investor for making 100% in 4 months a moron.
not long term holders of the shite coins....yea they are morons. But nothing wrong with making the money while you can.
the so called meme coin investors have sure as frick out performed investors that focus strictly on the fundamentals.
Posted on 5/20/21 at 10:23 am to Tiguar
quote:
shite coins right now after that dip
You don’t think shib is a dime piece?!?
Posted on 5/20/21 at 10:26 am to lsu777
Some make money sure, many thousands more are just pissing their money away unless Elon keeps pumping it.
Posted on 5/20/21 at 10:28 am to lsu777
it makes me wonder if we have entered an era wherein we should be looking at market cap changes between cycles instead of btc price to determine where we are at in a cycle
and if we've hit a peak.
I think the argument can definitely be made that this should be the case now. Money that would have rode the BTC train up now rode the doge train.
and if we've hit a peak.
I think the argument can definitely be made that this should be the case now. Money that would have rode the BTC train up now rode the doge train.
Posted on 5/20/21 at 10:31 am to dagrippa
quote:
Some make money sure, many thousands more are just pissing their money away unless Elon keeps pumping it.
there is always someone left holding the bag eventually, across all markets. Some win, some lose.
Posted on 5/20/21 at 10:40 am to Tiguar
quote:
I think the argument can definitely be made that this should be the case now. Money that would have rode the BTC train up now rode the doge train.
Good point. And if that crash yesterday didn’t shake out all the weak hands of the average dogeholder then maybe we are still good
Posted on 5/20/21 at 10:44 am to dagrippa
Sold off my ETC today at a loss, pretty mad about it.
Put it in AMD stock. Better long term investment imho
Put it in AMD stock. Better long term investment imho
Posted on 5/20/21 at 10:45 am to Tiguar
logarithm graph of before bottom fell out in 2018 vs. now
10 months
10 months
This post was edited on 5/20/21 at 10:49 am
Posted on 5/20/21 at 11:21 am to bayoubengals88
Told y’all the fix is in from the government/deep state. Treasury out with more FUD moments ago.
Posted on 5/20/21 at 11:31 am to Douglas Quaid
LINK
This is an amazing article, surprisingly, from a reporter of NYMag who actually put in time to research the Bitcoin energy topic. Long but informative
This is an amazing article, surprisingly, from a reporter of NYMag who actually put in time to research the Bitcoin energy topic. Long but informative
quote:And this is probably where Pomp got his 74% of bitcoin is mined with renewables stat.
Data is spare on the sources of electricity powering bitcoin miners, but CoinShares, a digital-asset investing company that says it spent hundreds of thousands of dollars researching the issue, estimates 74 percent of the energy used in bitcoin mining comes from renewable sources.
Posted on 5/20/21 at 11:32 am to GeneralLee
Yellen should start by learning how to reset her router or use a television remote before continuing to mouth off on crypto
Posted on 5/20/21 at 11:34 am to A Smoke Break
quote:better than ETC sure. ETC is a dead chain that was only going up because noobs entering the crypto space thought it was Ethereum (ETH).
Sold off my ETC today at a loss, pretty mad about it.
Put it in AMD stock. Better long term investment imho
Posted on 5/20/21 at 11:35 am to Ross
What happened?
Posted on 5/20/21 at 11:38 am to Tiguar
Just more “we can’t let crypto be used for tax evasion” rhetoric
Posted on 5/20/21 at 11:50 am to maclauer
quote:
Everyone getting bullish again right at resistance....
...and some new FUD right at resistance to quell the newfound optimism
Posted on 5/20/21 at 11:53 am to Ross
quote:
we can’t let crypto be used for tax evasion
That is probably the best feature of crypto once a network is big enough to rival nation state economies. Until then we have to pretend as though it is a bad thing.
Posted on 5/20/21 at 12:00 pm to Douglas Quaid
if you are converting to fiat, the easiest exit ramp most people are going to use is an exchange and you will be paying capital gains on that
If you are using crypto to barter for goods tax collection is literally almost unenforceable but this is akin to people paying someone cash to mow your lawn, how much money are we really talking about here?
I don’t get what her angle is other than signaling some additional virtue.
If you are using crypto to barter for goods tax collection is literally almost unenforceable but this is akin to people paying someone cash to mow your lawn, how much money are we really talking about here?
I don’t get what her angle is other than signaling some additional virtue.
This post was edited on 5/20/21 at 12:02 pm
Posted on 5/20/21 at 12:02 pm to Ross
requiring the reporting of 10k transfers of crypto just legitimizes the space
but of course the market sold off on the news.
but of course the market sold off on the news.
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