Bitcoin and Crypto

[yeti]

Long-term i was recomended / dabbling in

Cardano
Stellar
Ambrosus

Thoughts.??

As others have said, BTC and ETH are the safest bets. If you don't have any BTC, then that's a 'must have' in the crypto space in my opinion.
Other coins that are linked to awesome projects are Rune (ThorChain) and Kusama, (a testnet for Polkadot). I don't think you could go wrong with either or both.

 

[isaaktigers]

Fetch Ai
Coti
HBar
And Solana

 

[Spartan117]

Blood Bath at the moment.

Im gonna through some good money after bad...

 

[avocadoontoast]

Blood Bath at the moment.

Im gonna through some good money after bad...

Absolutely. I took some losses today for tax purposes and then bought back in and topped up a little. I’m in Ethereum (ETH) and Thorchain (RUNE).

Been a rough 6 weeks.

 

[Spartan117]

Blood Bath at the moment.

Im gonna through some good money after bad...

Absolutely. I took some losses today for tax purposes and then bought back in and topped up a little. I’m in Ethereum (ETH) and Thorchain (RUNE).

Been a rough 6 weeks.

Im building the portfolio little by little each fortnightly pay.

I will checkout Rune, Looking to gamble on a Penny stock at the mo with the downturn.

 

[avocadoontoast]

Blood Bath at the moment.

Im gonna through some good money after bad...

Absolutely. I took some losses today for tax purposes and then bought back in and topped up a little. I’m in Ethereum (ETH) and Thorchain (RUNE).

Been a rough 6 weeks.

Im building the portfolio little by little each fortnightly pay.

I will checkout Rune, Looking to gamble on a Penny stock at the mo with the downturn.

Definitely check it out. Before the crash it ran up to US$20. Was below US$6 this morning. It is a completely decentralised exchange and liquidity pool.

 

[finnzo]

Blood Bath at the moment.

Im gonna through some good money after bad...

Absolutely. I took some losses today for tax purposes and then bought back in and topped up a little. I’m in Ethereum (ETH) and Thorchain (RUNE).

Been a rough 6 weeks.

Im building the portfolio little by little each fortnightly pay.

I will checkout Rune, Looking to gamble on a Penny stock at the mo with the downturn.

Definitely check it out. Before the crash it ran up to US$20. Was below US$6 this morning. It is a completely decentralised exchange and liquidity pool.

Yeah Thorchain and xrp are my to favourites

 

[avocadoontoast]

Blood Bath at the moment.

Im gonna through some good money after bad...

Absolutely. I took some losses today for tax purposes and then bought back in and topped up a little. I’m in Ethereum (ETH) and Thorchain (RUNE).

Been a rough 6 weeks.

Im building the portfolio little by little each fortnightly pay.

I will checkout Rune, Looking to gamble on a Penny stock at the mo with the downturn.

Definitely check it out. Before the crash it ran up to US$20. Was below US$6 this morning. It is a completely decentralised exchange and liquidity pool.

Yeah Thorchain and xrp are my to favourites

Incredible it's market cap is under US$2bn.

 

[FinestTigers]

"Don't trust what you always see, even salt looks like sugar."

And i believe bitcoin is salt that's made to appear as sugar,

It is much far worse than the belief that it is de-centralised
It is not de-centralised and it does not guarantee independence for the owners of bitcoin.

The current unoffically self-elected governer of the central bank of bitcoin is Elon Musk, next it could be Jeff Bezos, or Bill Gates, remember these are businessmen and they are hungary to make billions not millions.(total market value of bitcoin/crypto is about 1 trillion)

It is now in the hands of Elon Musk, he says one word about bitcoin/crypto and the price soars then soon after he says another word and the price plummets.

if bitcoin owners were dissatisfied with the idea that central banks manipulate and have too much control of the money supply then they should now be terrified.

It seems to me that this is the biggest form of **legalised theft** the World has ever seen, it is a monster that is fed with speculation and it has a very big appetite.

Note: my son owns one, so please, if you do own one of these don't be offended, this is just the way i see it and it is only my opinion. Cheers

 

[Spartan117]

People are just looking for a quick buck. More people are loosing whilst those in the Know are raking it in.

In terms of Investment, its akin to gambling.

 

[WswWt]

Banks offer 0.5% interest rates on a 12 month term deposit..
it’s just another way of investing, it all obviously has risks but if you invest what you are willing to lose and actually learn how to read graphs, candles and set plans out you will do okay-well.

 

[avocadoontoast]

It's pretty clear that decentralised finance has a place in the world, and at the moment it's only in its infancy. 95% of crypto projects will likely not make it but ones like Ethereum and Bitcoin are absolutely here to stay imo.

 

[momo_amp_medo]

People are just looking for a quick buck. More people are loosing whilst those in the Know are raking it in.

In terms of Investment, its akin to gambling.

I always say to people …. only invest in Crypto $s that you can afford to loose. But really, for me, it’s just like buying stock … it’s a gamble.

 

[momo_amp_medo]

It's pretty clear that decentralised finance has a place in the world, and at the moment it's only in its infancy. 95% of crypto projects will likely not make it but ones like Ethereum and Bitcoin are absolutely here to stay imo.

Yeah agree … about 80% of my Crypto exposure is down to those two. And for me yes they will fluctuate but if you stay solid and watch the market closely, they will eventually turn you a profit.

 

[Dyloh]

Might seem like gambling if you haven’t put the time to try and understand everything but we’re literally in the “Information Age” where data is the most valuable commodity in the world. Everything will end up on a blockchain eventually, we’re just super early fellas.

 

[mike]

Might seem like gambling if you haven’t put the time to try and understand everything but we’re literally in the “Information Age” where data is the most valuable commodity in the world. Everything will end up on a blockchain eventually, we’re just super early fellas.

Doubt that very much. Blockchain has some advantages and specific use cases where these excel but it also has significant disadvantages as well.

 

[Dyloh]

Might seem like gambling if you haven’t put the time to try and understand everything but we’re literally in the “Information Age” where data is the most valuable commodity in the world. Everything will end up on a blockchain eventually, we’re just super early fellas.

Doubt that very much. Blockchain has some advantages and specific use cases where these excel but it also has significant disadvantages as well.

As I said we’re still super early so I obviously don’t think this is the final iteration of it but could you give me an example of a where using a blockchain instead of some other legacy system is a disadvantage?

 

[mike]

Might seem like gambling if you haven’t put the time to try and understand everything but we’re literally in the “Information Age” where data is the most valuable commodity in the world. Everything will end up on a blockchain eventually, we’re just super early fellas.

Doubt that very much. Blockchain has some advantages and specific use cases where these excel but it also has significant disadvantages as well.

As I said we’re still super early so I obviously don’t think this is the final iteration of it but could you give me an example of a where using a blockchain instead of some other legacy system is a disadvantage?

Scalability is an major issue. So where vast amounts of different data is involved blockchain simply won’t be able to manage it. The amount of extra data generated is not insignificant and processing power needed to process every block in the blockchain simply won’t be available anytime soon.

Blockchain is great when you have a limited specific dataset you want to protect from alteration but that’s about it.

 

[Dyloh]

@mike
Scalability is obviously an issue but every man and his dog is working on that. That’s really enough for you to write off blockchain becoming widespread?

 

[Demps]

How's you got guys like Logan Paul promoting to their younger fan base, get rich quick coins like this recent one "Dink Doink" but saying it's the worst but he loves it.

Gets his fans on board and they make some money but he makes the most.

Get in early, cash out and let the fans fund your success....

It's all like a pyramid scheme to me.
Got a friend who's profited well on this and was selling me on it years ago.

Seen some success up close but still never inspired me to get on board.