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re: Official CryptoTalk Thread
Posted on 10/22/21 at 9:18 am to BottomlandBrew
Posted on 10/22/21 at 9:18 am to BottomlandBrew
wisest thing ive read in years lol
2
Posted on 10/22/21 at 9:45 am to rocket31
Wish I had more Sol. I fricked up a stop loss order and accidentally sold some when I didn't mean to. Price had gone back up before I realized it. 
Potentially expensive lesson, but I learned from it.
Potentially expensive lesson, but I learned from it. 
Posted on 10/22/21 at 9:50 am to mtcheral
quote:
Sell it all and buy up VRA on KuCoin
I'm about to do this with my aave
Posted on 10/22/21 at 10:34 am to rocket31
your ADA skepticism seems well placed
until they launch a DEX that project is going to sit right right where it’s currently valued at and may even continue to bleed
until they launch a DEX that project is going to sit right right where it’s currently valued at and may even continue to bleed
Posted on 10/22/21 at 10:38 am to Ross
ada is an okay play but there have been better moves out there for awhile. crypto is a momentum market and ada has no momentum right now.
meanwhile...
FED'S POWELL: WE DON'T KNOW HOW LONG IT WILL TAKE FOR INFLATION TO ABATE
meanwhile...
FED'S POWELL: WE DON'T KNOW HOW LONG IT WILL TAKE FOR INFLATION TO ABATE
Posted on 10/22/21 at 11:17 am to rocket31
quote:If only we could have seen this coming.
FED'S POWELL: WE DON'T KNOW HOW LONG IT WILL TAKE FOR INFLATION TO ABATE
Posted on 10/22/21 at 11:27 am to TigerTatorTots
it gets better
FED'S POWELL:HIGH INFLATION WILL LIKELY LAST WELL INTO NEXT YEAR
btw them admitting this is not good
FED'S POWELL:HIGH INFLATION WILL LIKELY LAST WELL INTO NEXT YEAR
btw them admitting this is not good
This post was edited on 10/22/21 at 11:27 am
Posted on 10/22/21 at 11:29 am to rocket31
I’m wondering why all of this is happening
Posted on 10/22/21 at 11:43 am to rocket31
quote:
FED'S POWELL:HIGH INFLATION WILL LIKELY LAST WELL INTO NEXT YEAR
but the traditional finance guys laughed at us for insinuating this would happen
Posted on 10/22/21 at 12:06 pm to Ross
Did they? I thought most thought it would too.
Posted on 10/22/21 at 12:17 pm to LSUJuice
they were all in on inflation inflecting downwards in September
Posted on 10/22/21 at 1:31 pm to rocket31
quote:Hell no, it is always way worse than the words they are saying. This is telling me inflation should be expected for multiple years to come
FED'S POWELL:HIGH INFLATION WILL LIKELY LAST WELL INTO NEXT YEAR
btw them admitting this is not good
Posted on 10/22/21 at 1:32 pm to LSUJuice
quote:Lol yes, the traditional guys were laughing pretty heavily during the first 6 months of our threads on here predicting bad inflation. Now they are coming around to it, almost a year after we begin sky screaming about it.
Did they? I thought most thought it would too.
Posted on 10/22/21 at 2:04 pm to Ross
quote:
they were all in on inflation inflecting downwards in September
yup, while shilling fiat contract investments as safe havens.
this is why some of us said a year ago that bitcoin was the safest investment one could make because its a counterparty hedge; probably over 50 downvotes, brutal
Posted on 10/22/21 at 3:55 pm to jimbeam
Money printer go brrrrr, and supply shortages= shite inflation
Posted on 10/22/21 at 6:24 pm to rocket31
Interesting question here..
I use Brave and get BAT rewards for viewing ads on my home PC, work PC, and cell phone. I use the free BAT on Gemini to earn lending rewards. (It's all very, very little money... Just free)
Koinly is reporting my BAT allocation as a loss because my average "cost" is $0.77 but BAT has decreased in value to $0.70.
If you're given something as a reward, and the value goes down..is that a loss? It's all free money to me lol
I use Brave and get BAT rewards for viewing ads on my home PC, work PC, and cell phone. I use the free BAT on Gemini to earn lending rewards. (It's all very, very little money... Just free)
Koinly is reporting my BAT allocation as a loss because my average "cost" is $0.77 but BAT has decreased in value to $0.70.
If you're given something as a reward, and the value goes down..is that a loss? It's all free money to me lol
This post was edited on 10/22/21 at 6:26 pm
Posted on 10/22/21 at 6:54 pm to Hulkklogan
quote:the way I understand it, is when you get an airdrop or staking rewards, the value of what you get is a gain and taxable event. I guess if the value goes down, it is a loss from that gain
If you're given something as a reward, and the value goes down..is that a loss? It's all free money to me lol
Posted on 10/22/21 at 7:12 pm to TigerTatorTots
Who is still on team $100k BTC by year end?
Posted on 10/22/21 at 7:17 pm to Douglas Quaid
:slowlyraiseshand: But I know jackshit, so whatever.
Posted on 10/22/21 at 7:19 pm to Douglas Quaid
quote:
Who is still on team $100k BTC by year end?
I think it could easily go higher than that
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