OptOut | 8,881 Posted June 25, 2022 Share Posted June 25, 2022 1 hour ago, MiamiSlice said: Having Bitcoin and Ethereum accepted around the world, convertible to almost any local currency, is as much of a standard as anyone should hope for. You can swap your money to Bitcoin right now, send it with a small fee and call it a day. You might get dinged by your local anti-money laundering laws if you are sending to a total stranger, but otherwise the service you are asking for already exists. No way dude, it's super complicated and risky. I have no idea where to start, and I don't know anything about it! I want crypto for dummies, that's safe and easy to use, that has a stable value and EVERYONE uses. I wouldn't touch the current crypto set up with a 20 foot pole, everyone getting ripped off you got people killing themselves, it's a travesty! I don't mind waiting for the government to make their own crypto, I reckon that's when we'll actually see normal people start to use it. I don't want to forget my password one day or send to the wrong person and find my lifesavings drained, it's really terrifying honestly. Link to comment Share on other sites More sharing options...
Bearcat-Doug | 5,104 Posted June 25, 2022 Share Posted June 25, 2022 21 hours ago, DoctorEncore said: I haven't been totally devastated since I don't own any bitcoin and keep half of all my crypto in stable coins for liquidity mining. That being said, I'm probably down just as far on crypto as I am on my risky stocks, probably in the 30-50% range. It's rough out there. I still think Solana is the way to go. It's one of the least decentralized and has quite a few corporate backers. Yeah, it's not the dream DeFi that we all want, but it's background gives it a lot more likelihood of survival. I've also been slowly accumulating some Fantom. I still have my bitcoin, but I'm only slightly up compared to where I was last November. Link to comment Share on other sites More sharing options...
Californication | 1,477 Posted June 30, 2022 Share Posted June 30, 2022 Link to comment Share on other sites More sharing options...
Bearcat-Doug | 5,104 Posted August 16, 2022 Share Posted August 16, 2022 Is anybody buying right now? Link to comment Share on other sites More sharing options...
Bearcat-Doug | 5,104 Posted September 11, 2022 Share Posted September 11, 2022 On 6/24/2022 at 8:32 PM, DoctorEncore said: I haven't been totally devastated since I don't own any bitcoin and keep half of all my crypto in stable coins for liquidity mining. That being said, I'm probably down just as far on crypto as I am on my risky stocks, probably in the 30-50% range. It's rough out there. I still think Solana is the way to go. It's one of the least decentralized and has quite a few corporate backers. Yeah, it's not the dream DeFi that we all want, but it's background gives it a lot more likelihood of survival. I've also been slowly accumulating some Fantom. What are you into now? Everything is still relatively low from the highs of last fall. Link to comment Share on other sites More sharing options...
DoctorEncore | 3,690 Posted September 12, 2022 Share Posted September 12, 2022 13 hours ago, Bearcat-Doug said: What are you into now? Everything is still relatively low from the highs of last fall. Man, I decided to completely ignore crypto and just hold. I'm still sitting on BNB-USDT, Orion-USDT, SOL, Fantom, and a bit of ETH. I'm not buying anything right now. I might actually make a few trades just to actualized my losses for tax purposes. Link to comment Share on other sites More sharing options...
Bearcat-Doug | 5,104 Posted September 13, 2022 Share Posted September 13, 2022 (edited) On 9/11/2022 at 8:29 PM, DoctorEncore said: Man, I decided to completely ignore crypto and just hold. I'm still sitting on BNB-USDT, Orion-USDT, SOL, Fantom, and a bit of ETH. I'm not buying anything right now. I might actually make a few trades just to actualized my losses for tax purposes. I've got about a 60/40 BTC/ETH mix now. With the Ethereum upgrade happening in the next few days, I had read that there may be a fork with a seperate chain staying with Proof of Work and a possibility of ETH holders being airdropped the new token. It was estimated to be worth about 3% of the current ETH price and I've got a little over 10 ETH, so that would still be about $500 in free tokens. Edited September 13, 2022 by Bearcat-Doug Link to comment Share on other sites More sharing options...
Bearcat-Doug | 5,104 Posted September 14, 2022 Share Posted September 14, 2022 For a crypto thread, there aren't enough memes. This one should sum up the entire year so far. 1 Link to comment Share on other sites More sharing options...
Gloves | 11,761 Administrator · Posted September 14, 2022 Share Posted September 14, 2022 The only crypto I have right now is SHIB. Link to comment Share on other sites More sharing options...
Bearcat-Doug | 5,104 Posted September 14, 2022 Share Posted September 14, 2022 (edited) 23 minutes ago, Gloves said: The only crypto I have right now is SHIB. What happened to BAT? I thought you were really into it. Edited September 14, 2022 by Bearcat-Doug Link to comment Share on other sites More sharing options...
Gloves | 11,761 Administrator · Posted September 14, 2022 Share Posted September 14, 2022 1 hour ago, Bearcat-Doug said: What happened to BAT? I thought you were really into it. Changed my mind. Link to comment Share on other sites More sharing options...
Bearcat-Doug | 5,104 Posted September 14, 2022 Share Posted September 14, 2022 23 minutes ago, Gloves said: Changed my mind. That doesn't sound right. I was told diamond hands or something. Link to comment Share on other sites More sharing options...
Gloves | 11,761 Administrator · Posted September 14, 2022 Share Posted September 14, 2022 5 minutes ago, Bearcat-Doug said: That doesn't sound right. I was told diamond hands or something. Yeah not a ton of people right now waving that flag openly lol. Link to comment Share on other sites More sharing options...
Bearcat-Doug | 5,104 Posted September 14, 2022 Share Posted September 14, 2022 1 minute ago, Gloves said: Yeah not a ton of people right now waving that flag openly lol. Given that I didn't sell when I could have made a fortune, I'm going the hold due to conviction route. Link to comment Share on other sites More sharing options...
Bearcat-Doug | 5,104 Posted September 15, 2022 Share Posted September 15, 2022 On 9/11/2022 at 8:29 PM, DoctorEncore said: Man, I decided to completely ignore crypto and just hold. I'm still sitting on BNB-USDT, Orion-USDT, SOL, Fantom, and a bit of ETH. I'm not buying anything right now. I might actually make a few trades just to actualized my losses for tax purposes. Will you be staking your ETH after the conversion to proof of stake went through last night? It looks like Coinbase already has it, but I'm not seeing the option in my wallet yet. Link to comment Share on other sites More sharing options...
G-type | 2,479 Posted September 15, 2022 Share Posted September 15, 2022 2 Link to comment Share on other sites More sharing options...
Bearcat-Doug | 5,104 Posted September 15, 2022 Share Posted September 15, 2022 (edited) I'm on board with blaming Matt Damon. Edited September 15, 2022 by Bearcat-Doug Link to comment Share on other sites More sharing options...
Bearcat-Doug | 5,104 Posted September 18, 2022 Share Posted September 18, 2022 It looks like everything is dumping again with the Fed meeting this week. I imagine it is going to be a rough next couple of days. Link to comment Share on other sites More sharing options...
Bearcat-Doug | 5,104 Posted September 19, 2022 Share Posted September 19, 2022 So this is why @Gloves doesn't drive. 2 Link to comment Share on other sites More sharing options...
MiamiSlice | 3,089 Posted September 19, 2022 Share Posted September 19, 2022 The market is so dead =/ but I'm still building stuff! Link to comment Share on other sites More sharing options...
Bearcat-Doug | 5,104 Posted September 20, 2022 Share Posted September 20, 2022 18 hours ago, MiamiSlice said: The market is so dead =/ but I'm still building stuff! I've been buying too, but mostly in smaller weekly amounts. I sure wish I had enough cash to buy another full bitcoin at these prices though. Link to comment Share on other sites More sharing options...
Bearcat-Doug | 5,104 Posted September 20, 2022 Share Posted September 20, 2022 (edited) On 9/11/2022 at 8:29 PM, DoctorEncore said: Man, I decided to completely ignore crypto and just hold. I'm still sitting on BNB-USDT, Orion-USDT, SOL, Fantom, and a bit of ETH. I'm not buying anything right now. I might actually make a few trades just to actualized my losses for tax purposes. I got out of Solana back when it was around $200 and their network kept going down. Now you can get about 40 Solana for the same price as one ETH. I'm interested in how bullish you are on Solana currently, especially with ETH switching over to proof of stake. It seems like there is a lot of upside price wise, but I'm not sure how much adoption it's going to take away from ETH if they can get the gas fees down. Edited September 20, 2022 by Bearcat-Doug Link to comment Share on other sites More sharing options...
Bearcat-Doug | 5,104 Posted September 20, 2022 Share Posted September 20, 2022 This is the way. Link to comment Share on other sites More sharing options...
RegularGuyGamer | 2,011 Posted September 21, 2022 Share Posted September 21, 2022 18k is a BTC support. I'm hoping to see it break through if the stock market takes a dive from the fed meeting tomorrow Link to comment Share on other sites More sharing options...
Bearcat-Doug | 5,104 Posted September 21, 2022 Share Posted September 21, 2022 6 minutes ago, RegularGuyGamer said: 18k is a BTC support. I'm hoping to see it break through if the stock market takes a dive from the fed meeting tomorrow I've bought about as much as I care to for the time being, so I'm hoping things start going up soon. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now