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re: Official CryptoTalk Thread

Posted on 1/17/25 at 12:53 pm to
Posted by I Love Bama
Alabama
Member since Nov 2007
38310 posts
Posted on 1/17/25 at 12:53 pm to
Too many scammers in this space unfortunately.

I would only part with my BTC with a name brand
Posted by Pendulum
Member since Jan 2009
7604 posts
Posted on 1/17/25 at 1:26 pm to
How is the fact that a token might be useful make it valueable? Ive never understood this sentiment.

How scarce is it?
How much more will be created, how decentralized is decision to inflate supply?
How secure is it?
How transparent is its governance?
How much energy does it take to produce more?

All those questions come first for me before usefulness if I'm gauging buying something that already has network acceptance.

If usefulness was the primary value contributor, then gold wouldn't be worth shite. It can't be utterly worthless with 0 utility or else we are talking tulips, but it's low on the value totem pole imo.


The above is why btc is really the only coin that makes sense to me to hold outside of pure momentum plays and, gasp, ponzi action.
This post was edited on 1/17/25 at 1:54 pm
Posted by lsuconnman
Baton rouge
Member since Feb 2007
3648 posts
Posted on 1/17/25 at 1:40 pm to
If people were being honest they’d just say they practice digital alchemy.
Posted by Hogwall Jackson
Member since Feb 2013
5204 posts
Posted on 1/17/25 at 9:27 pm to
No Trump coin talk??

Got in at $2.50
Posted by FnTigers
Member since Sep 2021
1931 posts
Posted on 1/17/25 at 9:42 pm to
quote:

No Trump coin talk??
If it's not a hack, pretty retarded for him to launch this days before he's in office. Congrats on the gains tho.

ETA: Been up on his socials for over an hour. Must be legit. What a time to be alive.
This post was edited on 1/17/25 at 9:52 pm
Posted by Miketoshi
Member since Sep 2023
9 posts
Posted on 1/17/25 at 10:44 pm to
the ultimate top signal? or the beginning of the craziest alt run of all time.. who tf knows
Posted by TheJunction
Mississippi
Member since Oct 2014
1619 posts
Posted on 1/17/25 at 11:14 pm to
I jumped out, so it’s definitely the latter. Congrats all.
Posted by FnTigers
Member since Sep 2021
1931 posts
Posted on 1/18/25 at 12:03 am to
Pure madness.
Posted by Hogwall Jackson
Member since Feb 2013
5204 posts
Posted on 1/18/25 at 12:16 am to
I’m still in. I am in for a long night
Posted by donRANDOMnumbers
Hub City
Member since Nov 2006
17201 posts
Posted on 1/18/25 at 12:56 am to
Trump just fricked my entire shitcoin port
Posted by castorinho
13623 posts
Member since Nov 2010
84580 posts
Posted on 1/18/25 at 1:03 am to
rough but they'll all bounce back
Posted by Breesus
House of the Rising Sun
Member since Jan 2010
67955 posts
Posted on 1/18/25 at 4:08 am to
Can someone help me understand a legitimate reason why Trump would launch a meme coin late on a Friday night?

He’s the incoming president of the United States. Can someone help me justify why this is a good decision instead of my current thought which is Trump is a stupid jackass?
Posted by SpeedyNacho
Member since May 2014
2466 posts
Posted on 1/18/25 at 4:21 am to
It worked out sel for hawk tuah girl, right?



He’s either going to follow through with some crypto policies and the alt coin bull run is upon us.

He knows they’ll never let him be great again and he’s cashing the frick out Bernie style.




I’ll go home now, I’m drunk.
Posted by HailToTheChiz
Back in Auburn
Member since Aug 2010
52005 posts
Posted on 1/18/25 at 6:16 am to
Trumpcoin already down as I post this. One site says down 10% another says down 30ish%

This is the dumbest thing Trump could do

ETA: where do you even find valid price info? I've seen different numbers on three different sites
This post was edited on 1/18/25 at 6:20 am
Posted by castorinho
13623 posts
Member since Nov 2010
84580 posts
Posted on 1/18/25 at 6:39 am to
quote:

Trumpcoin already down as I post this.


21 Billion
Posted by HailToTheChiz
Back in Auburn
Member since Aug 2010
52005 posts
Posted on 1/18/25 at 7:04 am to
What does this mean
Posted by HailToTheChiz
Back in Auburn
Member since Aug 2010
52005 posts
Posted on 1/18/25 at 7:07 am to
Apparently I was looking at the wrong memecoin to begin with
Posted by Civildawg
Member since May 2012
9765 posts
Posted on 1/18/25 at 7:21 am to
It's up to $20. Holy crap
Posted by IHitthaLONGBALL
Member since Jul 2024
88 posts
Posted on 1/18/25 at 7:25 am to
Has been as high as $24
Posted by CE Tiger
Metairie
Member since Jan 2008
41785 posts
Posted on 1/18/25 at 8:40 am to
Try $26

This is one of those nights I will question why I didn’t liquidate everything into it and have lots of regrets

This post was edited on 1/18/25 at 8:41 am
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