03-26-2022, 07:34 PM | #23 | ||
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I didnt coinmarketcap did that too! That's great info. Thank you! Yeah, I hold a small amount of SHIB too. It's my wild card. I only have like 20 mill. I am always tempted to buy more… lol. |
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06-13-2022, 12:07 AM | #25 | |
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As for it being a currency - I've bought cars, boats, computers and their parts, miners, transformers, panels, cables, swithgear with crypto. Is that not enough? Not sure about the shitcoins and I'm not sure with Vitalik trying so hard to go to POS, but BTC will be around.
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Oy vey, look at all these shekels
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06-13-2022, 05:40 AM | #26 | |
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Also the fact that there are so many of these "coins". A new one pops up every day and is deemed a second coming. They can't all be. I see videos from YouTube channels like FinalStand, where they pump trash like dogecoin "to the moon" every day and all these kids in the comments blindly following that advice. Makes me sick. The reward just isn't worth the risk to me. |
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06-13-2022, 08:16 AM | #27 |
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Something that isn't regulated by a true central bank isn't a currency... also if you can no longer "mine" or earn currency it falls under the same category... as say some bs trading tool.
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06-15-2022, 03:51 AM | #30 |
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You already done goofed. Hold it and wait for the merge.
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Oy vey, look at all these shekels
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06-15-2022, 06:26 AM | #31 |
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Take a step back….
- what is cryptocurrency p; answer is ‘nothing tangible’ - is cryptocurrency regulated ; that is a resounding ‘NO’ - how did the stuff that Matt Damon was pushing at The Super Bowl do: it tanked - have cryptocurrency and exchanges been fraud free ; absolutely not - does anyone REALLY know why it fluctuates wildly; absolutely not, other than supply and demand kicks in when people think they can buy in and make a quick buck and sell out in panic when it goes the other way . The clever people are the ones that bet against the market while watching the naive investors fill their boots My last salaried employment was in a prestigious private bank…..we looked long and hard at whether we should embrace cryptocurrency as a client product and it didn’t take many seconds at all to decide we could destroy our reputation overnight by being in that market. In summary my personal view is that if you have money that you are prepared and can afford to lose if it all goes wrong then go for it. Otherwise steer well,clear! |
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06-15-2022, 01:17 PM | #33 | |
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06-15-2022, 01:39 PM | #34 | |
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As with anything, to each their own. Crypto will either be here for the long term or it won't, who knows. |
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04-18-2024, 07:05 AM | #37 | |
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And yes, I am extremely biased against it. Ask Anyone who has made money on crypto exactly why they have made money. Bet you won’t get an answer. it’s the financial equivalent of The Wild West. And,, “to be fair” to me I did say that if you can afford to take a financial hit in a high risk market in a highly speculative basis then go for it. If you can’t afford to take a hit then don’t. |
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