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re: Official CryptoTalk Thread

Posted on 1/28/22 at 12:47 pm to
Posted by aubie101
Russia
Member since Nov 2010
3120 posts
Posted on 1/28/22 at 12:47 pm to
quote:

Which exchange? Once you purchase said coin, transfer it to a wallet.

Which VPN do you use? I'm a fan of Mullvad VPN. Can pay via crypto too.


Right now it is my Norton VPN.. I am currently in Hong Kong thanks to them.

I will do small purchase (under a grand) and transfer out.
Posted by finchmeister08
Member since Mar 2011
35958 posts
Posted on 1/28/22 at 1:37 pm to
quote:

Does anyone have guidance or warning? Thanks!


quit chasing shitcoins
Posted by aubie101
Russia
Member since Nov 2010
3120 posts
Posted on 1/28/22 at 1:45 pm to
quote:

quit chasing shitcoins


Not a true shitcoin.. Partial, lol. Not a Flokimoon
This post was edited on 1/28/22 at 2:38 pm
Posted by OldRebYeller
Member since Jan 2017
292 posts
Posted on 1/28/22 at 2:22 pm to
From what I've seen, Russia is pretty accepting with the idea of Crypto currency. And imo their Country has the perfect climate to get a competitive advantage in the market if they fully adopt.
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 1/28/22 at 2:26 pm to
their central bank is not a fan, but Putin is. I think Putin sees the mining industry in a positive light and sees crypto rails as a means to bypass SWIFT as a variable for future confrontations with the USA.
Posted by BottomlandBrew
Member since Aug 2010
27247 posts
Posted on 1/28/22 at 3:38 pm to
quote:

Russia is pretty accepting with the idea of Crypto currency.


The Venn diagram of organized crime and government officials in Russia is basically a circle. Not to mention they're sanctioned up to their teeth. No doubt they'd be all about crypto.
Posted by Suppoko
Member since Nov 2021
12 posts
Posted on 1/28/22 at 6:44 pm to
Speaking of chasing shitcoins, did anyone else get in on grimacecoin? turned some gamecoin losses into grimacecoin gainz. gotta get out soon before the rug tho
Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 1/28/22 at 8:47 pm to
Posted by supadave3
Houston, TX
Member since Dec 2005
30360 posts
Posted on 1/28/22 at 9:38 pm to
Tell me something about power Ledger. It sure as hell had a good week despite the market.
Posted by Suppoko
Member since Nov 2021
12 posts
Posted on 1/28/22 at 9:44 pm to
isn't that one dead yet? their telegram was marked as scam for a while ??
Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 1/28/22 at 11:46 pm to
quote:

isn't that one dead yet? their telegram was marked as scam for a while ??


It did a good job of shaking weak hands.
Posted by Diseasefreeforall
Member since Oct 2012
5625 posts
Posted on 1/29/22 at 11:18 am to
quote:

sorry dude.

yea I haven't sold my time/wmemo so I guess we will see. one thing I've learned from past bear markets is to hodl and wait while everyone is scared

Looks like whales are working hodlers over on Time Wonderland.

There's a vote whether to liquidate or not and it looks like the majority of holders will be against it but they will be outvoted by whales. Big money flooded in when WMEMO dropped to 1/2 of what's held in the treasury to take advantage of the arbitrage opportunity. Anybody who bought in below the price treasury should pay out in a liquidation will reap the arbitrage, provided the treasury is actually the amount the website says it is and there's no funny stuff going on behind the scenes.
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 1/29/22 at 11:39 am to
quote:

There's a vote whether to liquidate or not and it looks like the majority of holders will be against it but they will be outvoted by whales. Big money flooded in when WMEMO dropped to 1/2 of what's held in the treasury to take advantage of the arbitrage opportunity. Anybody who bought in below the price treasury should pay out in a liquidation will reap the arbitrage, provided the treasury is actually the amount the website says it is and there's no funny stuff going on behind the scenes.


That number is actually a soft number in reality. The true backing price should be close though. From my reading, it typically lags a little bit.
This post was edited on 1/29/22 at 11:40 am
Posted by GumboPot
Member since Mar 2009
119554 posts
Posted on 1/31/22 at 2:28 pm to
quote:

I think Putin sees the mining industry in a positive light and sees crypto rails as a means to bypass SWIFT as a variable for future confrontations with the USA.


Yep. And I believe this is one of the reasons the U.S. wants confrontation with Russia. The U.S. is trying to isolate Russia but Russia is bypassing the U.S. with other trading partners using crypto instead of the U.S. dollar via SWIFT. The other reason is Putin is making life difficult for corrupt U.S. politicians and government officials to legally launder foreign aid money though U.S. NGOs in Ukraine.
Posted by GumboPot
Member since Mar 2009
119554 posts
Posted on 1/31/22 at 2:34 pm to
NTY

Here is a really informative video on the current state of Olympus DAO and by extension its forks. I know there have been some rug pulls lately as the space consolidates and Time Wonderland is currently running into its problems, but some DAOs continue to make good money. Even in a down market Olympus is making $200 million in yearly revenue. LINK
Posted by TigerDeBaiter
Member since Dec 2010
10275 posts
Posted on 2/1/22 at 8:17 am to
We’re kissing the downtrend right now… 30k or 50k next? We shall see
Posted by FlyinTiger93
Member since May 2010
3617 posts
Posted on 2/1/22 at 1:21 pm to
Feel it is a temporary rally. Fed still has announcements to come that will knock it back. They all seem to want to run, though.
Posted by supadave3
Houston, TX
Member since Dec 2005
30360 posts
Posted on 2/1/22 at 1:26 pm to
I sure hope Luna and Sol come roaring back to life.
Posted by 21JumpStreet
Member since Jul 2012
14675 posts
Posted on 2/1/22 at 2:40 pm to
They coming. I hope bnb can leap frog eth someday
Posted by TigerDeBaiter
Member since Dec 2010
10275 posts
Posted on 2/1/22 at 8:50 pm to
I much favor 30k but so do a lot of folks. Which means I wouldn’t be surprised to go the opposite
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