re: Official CryptoTalk Thread

Posted by zzgobucky

Madison

Member since Sep 2016

1822 posts

Posted on 9/2/21 at 7:59 pm to go ta hell ole miss

quote:
What is the lesson? ETH went up over 40 billion during that 10% run while Solana went up about 22 billion during its 270% run?

I know you love to dump in Ethereum, but come on. This run for ETH has been impressive. And, that’s coming from someone in Solana and am ecstatic with its run, so I am certainly not knocking it.

As mainly a lurker I've noticed that rocket is basically the c on z of crypto. I've seen him go from touting BNB to ETH now to Solana. Basically bandwagoning whatever is hot.

Posted by JayDeerTay84

Texas

Member since May 2013

9956 posts

Posted on 9/2/21 at 8:04 pm to zzgobucky

Maybe rocket, like others, owns more than one crypto………

Posted by rocket31

Member since Jan 2008

41887 posts

Posted on 9/2/21 at 8:13 pm to JayDeerTay84

yaa I personally like to maximize profits instead of getting emotionally attached to a digital token

I was also on this board shilling BNB under $50 and SOL under $25

so excuse me if I have a little fun

Posted by go ta hell ole miss

Member since Jan 2007

14583 posts

Posted on 9/2/21 at 8:17 pm to 21JumpStreet

quote:
They will all dump for bitcoin. Lessons there

Agree, but that wasn’t the close to what was suggested. Solana is running with or without BTC. ETH’s run has been pushing BTC up, not the other way around since late July. If BTC crashes then they will all dump, but they don’t all need BTC to run for them to go up.

This post was edited on 9/2/21 at 8:20 pm

Posted by go ta hell ole miss

Member since Jan 2007

14583 posts

Posted on 9/2/21 at 8:18 pm to rocket31

quote:
I was also on this board shilling BNB under $50 and SOL under $25 so excuse me if I have a little fun

You definitely earned it. I learn a lot from you.

Posted by rocket31

Member since Jan 2008

41887 posts

Posted on 9/2/21 at 8:31 pm to go ta hell ole miss

I've learned from everyone on this board except maybe tiger mike. even the hexicans taught me some things. we have a great resource here.

plus Solana just passed doge in marketcap. beautiful

Posted by Ross

Member since Oct 2007

47827 posts

Posted on 9/2/21 at 8:40 pm to rocket31

I only wish I saw the world the same way in 2017 as I do now.

I invested in BTC and ETH with so little knowledge of why they were valuable. Didn’t do the research. I basically sold everything for small gains and thought myself smart.

Now my cost basis is relatively enormous across these projects compared to most in this thread, but whatever you buy in at the cost you deserve.

This post was edited on 9/2/21 at 8:44 pm

Posted by TigerTatorTots

The Safeshore

Member since Jul 2009

82089 posts

Posted on 9/2/21 at 8:45 pm to rocket31

Rocket says something Hex
Hexicans at the keyboard ready to punch
Statement about Hex is positive
Hexicans have a stroke as they don’t know how to react

Posted by Tiguar

Montana

Member since Mar 2012

33131 posts

Posted on 9/2/21 at 8:54 pm to Ross

and now for something completely different

LINK

proposal to track every transaction from/in accounts worth more than $600

crypto is poised to be a necessity in the very near future as originally intended and not as a glorified stock market.

Posted by Ross

Member since Oct 2007

47827 posts

Posted on 9/2/21 at 9:02 pm to Tiguar

Our government and the federal reserve is going to drive the dollar into the dirt from both the supply side and the demand side.

There has been decades of unbelievable arrogance with American monetary policy and crypto is going to rugpull the whole works. Having a substantial portion of my net worth in crypto has helped me sleep at night because I just don’t care as much about the monetary policy.

Posted by TigerDeBaiter

Member since Dec 2010

10676 posts

Posted on 9/2/21 at 9:04 pm to tagatose

SOL, God damn!!

Posted by 21JumpStreet

Member since Jul 2012

14868 posts

Posted on 9/2/21 at 9:05 pm to Tiguar

Still trying to find a justification for the others. So ethereum we are basically paying to use but also be payed for stuff like using facebook?

Don't really give a shite about this crypto 100x in the past month bruh you need to invest

This post was edited on 9/2/21 at 9:09 pm

Posted by 21JumpStreet

Member since Jul 2012

14868 posts

Posted on 9/2/21 at 9:18 pm to Ross

What's the difference with the dollar vs stock/crypto with that logic?

Posted by 21JumpStreet

Member since Jul 2012

14868 posts

Posted on 9/2/21 at 9:43 pm to 21JumpStreet

Just my opinion in this thread I am looking for lifetime gains. Not this crypto did work last month at 10x if they go back down to 0 in the future.... smh

This post was edited on 9/2/21 at 9:44 pm

Posted by 21JumpStreet

Member since Jul 2012

14868 posts

Posted on 9/2/21 at 9:49 pm to 21JumpStreet

Other than binance with fees it makes no sense. I think bincance is amazon/eBay. You will list your shitty nft on there soon

Posted by TheOcean

#honeyfriedchicken

Member since Aug 2004

45273 posts

Posted on 9/3/21 at 6:16 am to 21JumpStreet

ETH about to hit 4k

Posted by JayDeerTay84

Texas

Member since May 2013

9956 posts

Posted on 9/3/21 at 7:56 am to 21JumpStreet

quote:
What's the difference with the dollar vs stock/crypto with that logic?

Fed prints money sends to banks. From there, it goes into stocks. It never really makes it to the "people" via loans etc.

Its all funny money. As the dollar loses purchasing power, so will stocks.

We are at a point where comparing a stock to crypto is like apples to oranges now.

IMO, crypto has use cases unlike anything a stock can provide.

Posted by Ross

Member since Oct 2007

47827 posts

Posted on 9/3/21 at 8:09 am to JayDeerTay84

quote:
IMO, crypto has use cases unlike anything a stock can provide.

it's fungible. I can send it P2P and don't require a centralized exchange in order to realize value.

If my jursidiction becomes hostile in its treatment towards crypto, I can simply and easily send it elsewhere or leave with it.