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re: Official CryptoTalk Thread

Posted on 2/14/24 at 8:54 am to
Posted by I Love Bama
Alabama
Member since Nov 2007
37767 posts
Posted on 2/14/24 at 8:54 am to
If he took the bet and offered to pay I will honor it.


Regardless, let’s get back to more important topic of Bitcoin melting faces
Posted by stuntman
Florida
Member since Jan 2013
9142 posts
Posted on 2/14/24 at 9:02 am to
Guys, thanks for the tip on CLSK. Ho-Lee shite. Last two days have been frigging awesome.

Ok, for the serious question; How much is bitcoin being used as a medium of exchange as opposed to holding on to it just to sell it to the "greater fool" (for lack of a better term) down the road? Seems volatile as hell to be used in normal transactions, but I'm extremely green on all of this, and I don't feel like reading thousands of pages right now.
Posted by I Love Bama
Alabama
Member since Nov 2007
37767 posts
Posted on 2/14/24 at 9:29 am to
You don’t need to read here.

You need to read the Bitcoin standard or at a minimum watch YouTube video interviews with Saifedean Ammous.

Posted by stuntman
Florida
Member since Jan 2013
9142 posts
Posted on 2/14/24 at 9:33 am to
Posted by TigerDeBaiter
Member since Dec 2010
10275 posts
Posted on 2/14/24 at 9:47 am to
How much gold did you use on your grocery bill last month?
Posted by TigerDeBaiter
Member since Dec 2010
10275 posts
Posted on 2/14/24 at 9:49 am to
quote:

Everyone agrees with this, but no one will agree what coins are shitcoins


Literally anything that isn’t Bitcoin is a shitcoin.

There’s varying degrees of shite, but I digress
Posted by I Love Bama
Alabama
Member since Nov 2007
37767 posts
Posted on 2/14/24 at 10:02 am to
quote:

Literally anything that isn’t Bitcoin is a shitcoin.


It takes time to come to this realization.

Normies normally come into Bitcoin first, then they fantasize about 1000% gains and go to shitcoins. After they get burned, they take some time off and eventually start learning what Bitcoin is.

This post was edited on 2/14/24 at 10:03 am
Posted by mach316
Jonesboro, AR
Member since Jul 2012
4785 posts
Posted on 2/14/24 at 10:07 am to
quote:

Normies normally come into Bitcoin first, then they fantasize about 1000% gains and go to shitcoins. After they get burned, they take some time off and eventually start learning what Bitcoin is.


I still have not learned this lesson..
Posted by BottomlandBrew
Member since Aug 2010
27248 posts
Posted on 2/14/24 at 11:16 am to
I won't beat a dead horse with you, but I'll say it for any newbies. I believe Bitcoin is not the only legitimate crypto. It is really good at it's main job, but it sucks at other aspects of de-fi.

Posted by eng08
Member since Jan 2013
5997 posts
Posted on 2/14/24 at 11:16 am to
Don’t hate on my shitcoin casino games.
Posted by I Love Bama
Alabama
Member since Nov 2007
37767 posts
Posted on 2/14/24 at 11:22 am to
What's what makes a market. We all have different opinions and place our bets accordingly.

Posted by Hateradedrink
Member since May 2023
1376 posts
Posted on 2/14/24 at 11:58 am to
Different risk tolerances as well.

I’m currently using btc to hedge my other bets this cycle.
Posted by BottomlandBrew
Member since Aug 2010
27248 posts
Posted on 2/14/24 at 12:07 pm to


Let's make some money.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80858 posts
Posted on 2/14/24 at 3:54 pm to
quote:

Literally anything that isn’t Bitcoin is a shitcoin.

There’s varying degrees of shite, but I digress
Excellent way of putting it. Some rose smelling shite and then straight up homeless man post taco bell shite.
Posted by The Baker
This is fine.
Member since Dec 2011
16199 posts
Posted on 2/14/24 at 6:16 pm to
Everything below ETH is shite
Posted by I Love Bama
Alabama
Member since Nov 2007
37767 posts
Posted on 2/14/24 at 6:36 pm to
God this pump has no frickint brakes.

All time high before the halfening?
Posted by LordSaintly
Member since Dec 2005
39080 posts
Posted on 2/14/24 at 7:05 pm to
quote:

It takes time to come to this realization.


I'm starting to get there myself
Posted by I Love Bama
Alabama
Member since Nov 2007
37767 posts
Posted on 2/14/24 at 7:22 pm to
Posted by 21JumpStreet
Member since Jul 2012
14675 posts
Posted on 2/14/24 at 7:43 pm to
Bitcoin and Stacks LFG
Posted by LordSaintly
Member since Dec 2005
39080 posts
Posted on 2/14/24 at 9:26 pm to
Stacks going HAM
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