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I read a blurb in the paper this morning that the beginning will be limited to buying, selling, and storing crypto. Eventually it will be possible to exchange crypto between users, but they didn't give a timeline. |
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Webull now gives you the ability to buy doge. I still haven't, since I'm putting it into bitcoin, but maybe down the road I might buy some since it's on a broker I use.
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Traders are battling it out big time. If bears win I see 45K.
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https://www.sharecast.com/promoted/n...ocurrency.html |
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Check out stablecoin DAI on Ethereum. Its the Maker video in the OP |
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Way too many crapcoins getting promoted right now. Never a good sign. Big correction likely coming
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<blockquote class="twitter-tweet"><p lang="en" dir="ltr">RUMOR - YELLEN TO PROPOSE CAPITAL GAINS TAX AS HIGH AS 80% FOR CRYPTO TRADING - HEARD ON STREET<br><br>So the people that are murdering the dollar want to destroy something that they are worried about replacing the dollar! Yummy! <a href="https://twitter.com/hashtag/Bitcoin?src=hash&ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://twitter.com/hashtag/easymoney?src=hash&ref_src=twsrc%5Etfw">#easymoney</a></p>— Gary Kaltbaum (@GaryKaltbaum) <a href="https://twitter.com/GaryKaltbaum/status/1385291094683004931?ref_src=twsrc%5Etfw">April 22, 2021</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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These people are all sick. |
Can’t wait for the next revolution
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Along with this week we've had, Biden tax fud, China blackout fud, Turkey fud, Pi cycle fud... |
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"FOX News Business Contributor"...yeah. |
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I'll add institutions forcing price down to get a better price entry. It's what JP Morgan is doing. And the ever present whales. And, as you surely know, $1.5B in options expire tomorrow. Bullsbwill be back after that. S2F dictates it |
Below $50 closer to $49. How low will it go?
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Bloodbath
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Eth going back up.
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Btc dropped below 48k briefly so I scooped some more up. Its kinda starting to worry me though...hope it gets back into the $60's soon.
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Why soon?
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Nothing goes up in a straight line. <a href="https://twitter.com/hashtag/bitcoin?src=hash&ref_src=twsrc%5Etfw">#bitcoin</a> has gone up 6 months in a row, until this month. This looks like the mid-way dip that we also saw in 2013 and 2017. <a href="https://t.co/uaCn9GCHGI">pic.twitter.com/uaCn9GCHGI</a></p>— PlanB (@100trillionUSD) <a href="https://twitter.com/100trillionUSD/status/1385607970059345924?ref_src=twsrc%5Etfw">April 23, 2021</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> |
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Just six months ago it was like 10k. Its not going to hold at 60k for any long period of time. Especially with the threats of doubling LTCGs. The history of bitcoin we see huge spikes then huge downturns and it stabilizes at a higher rate. |
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Jesus
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<blockquote class="twitter-tweet"><p lang="en" dir="ltr">No, you do not. I have not sold any of my Bitcoin. Tesla sold 10% of its holdings essentially to prove liquidity of Bitcoin as an alternative to holding cash on balance sheet.</p>— Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1386821144037236737?ref_src=twsrc%5Etfw">April 26, 2021</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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Bitcoin is a pyramid scheme
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<blockquote class="twitter-tweet"><p lang="en" dir="ltr">I fully believe Bitcoin is the future of finance and I wanted to prove that I have real skin in the game — not just trying to make a quick buck. I will be converting my entire 2021 NFL salary to <a href="https://twitter.com/hashtag/Bitcoin?src=hash&ref_src=twsrc%5Etfw">#Bitcoin</a>.</p>— Sean Culkin (@culkin22) <a href="https://twitter.com/culkin22/status/1386664238861623297?ref_src=twsrc%5Etfw">April 26, 2021</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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Does anyone actually use bitcoin as a currency?
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Overstock used to use it at least 3.5 years ago, they maybe still do. CheapAir.com I know uses bitcoin. It would be nice someday you can go to Target, buy stuff, then the register gives you an option to pay with bitcoin. Now that would be the day. I about bought solar panels for my house a few years ago with Bitcoin. I asked if they would accept it as payment, they talked to their owner and said they would. I ended up deciding not to because I probably won't stay in the house long enough. |
Weak hands shook out while the rocket ship was fueling. Here we ****ing go boys.
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<iframe width="560" height="315" src="https://www.youtube.com/embed/eKXsR0aqxiU" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe> |
Tesla stress tested bitcoin. Did it pass,
@elonmusk ? "Yes' Bitcoin jumps 500. |
A friend is telling me to buy safemoon because its stupid cheap and can only really grow. Anyone in on it?
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I remember when I first dabbled with alts toward peak time. Put 1 BTC into Binance (which was around 20K USD) at the time. Withdrew it a year later for like $700 dollars. Never again.
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This tweet spiked Dogecoin 40 points. Then down. The skit should do better and flags indicate a breakout to $.57 regardless. I bought 142,540 today.
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">The Dogefather<br>SNL May 8</p>— Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1387290679794089986?ref_src=twsrc%5Etfw">April 28, 2021</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> |
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This can't be ignored. BTC is bleeding off as conversions to Doge. I'll store it back in BTC. A tip from you. I liquidated BTC and bought way more.
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Yeah I can’t stand him. Sent from my iPhone using Tapatalk |
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I’m in Safemoon It’s so cheap and so new I bought quite a few just to roll the dice. Sent from my iPhone using Tapatalk |
Might Help Some of You
This might help some of you.
PoW = Proof of Work - Uses expensive hardware and lots of energy to "mine" crypto. It's a bunch of computers trying to guess an extremely complicated string of characters. The first one to guess wins the prize of mining that block and receiving the reward. PoS = Proof of Stake - Instead of the most powerful computers winning the reward, this is more like putting your name in a random drawing. However, the more crypto you have, the more times your name is placed in the hat. When your name is drawn, your computer gets to min the block and win the reward. So it doesn't require such crazy computing power to guess and solves the energy problem. Bitcoin - First mover and most popular. PoW crypto that introduced using blockchain for this type of use case. Yes, people use it as a currency, but most are holding it as a store of value, and may swap into a different crypto if they're actually going to use it to pay for something. A cap of 21M bitcoin will ever be created, making it a scarce asset. Litecoin - A copy of Bitcoin that uses the lightning network. It's basically a more efficient, cheaper, much faster version of Bitcoin. Often called the Silver to Bitcoin's Gold. You may find more people using this for actual transactions because it's cheap and fast. Ethereum - Currently PoW, so has the same drawbacks as other PoW cryptos, but they are currently in the process of moving to PoS. Ethereum is more like Amazon Web Services than it is a currency. It allows you to build software and launch decentralized applications (dapps). This has turned into decentralized finance (defi), which is a very real thing, and it's going no where. Ethereum has problems with scalability, and its fees are very high right now, so it's difficult for people to use these dapps and defi systems unless you're dealing with a lot of money so the fee percentages are small. They are moving to PoS to (hopefully) solve this problem. Cardano - Created by one of the original founders of Ethereum. Originally designed as PoS and is presented as a "3rd generation" blockchain technology that solves all of the problems of Bitcoin and Ethereum and other PoW blockchains. It will also include the ability to launch dapps/defi with tiny fees compared to Ethereum. It's the most decentralized blockchain available right now, and they just made deals with African governments to build out a national ID and attainment to help verify grades, distribute degrees, etc. all on a blockchain. They are also working on defi apps to bring finance to these unbanked areas of the world, and use it as a prototype for other countries. Binance - A marketplace for trading crypto, but also has their own blockchain - Binance Smart Chain. They made a way for Ethereum dapps to run on the Binance Smart Chain, and solved the fees problem, so you use these apps on this blockchain a lot more easily than you can Ethereum right now. This is great, but they are a very centralized organization, which would go against what some would say is the overall goal of this whole space...decetralization. Dogecoin - Created as a joke. It mints billions of coins that will never end, and is designed as an insanely inflationary currency to be funny. If you are riding the wave that's awesome. As a blockchain/currency, it really does not have any use, and the other blockchains are where all of the "real stuff" will be happening. Polkadot - Created by another one of the original Ethereum founders. Also designed as PoS and aims to make a better platform for developers to build dapps/defi projects on. Much cheaper, and they beat Cardano to the punch by launching their smart contracts (ability to deploy dapps) more quickly than Cardano did. Uniswap / Pancake Swap - These are decentralized exchanges. Most of you probably use Coinbase, Binance, Crypto.com or some other centralized exchange to purcahse your crypto. Decentralized exchanges do not have this. Instead, holders of crypto can provide liquidation to these exchanges and earn the fees that the centralized exchanges / market makers are earning now. There is just as much volume happening on these exchanges (if not more now) as the centralized exchanges. Cosmos - With all these crypto currencies, who's going to win? Some would say nobody. They are all going to exist alongside each other. To that end, Cosmos aims to be "the internet of blockchains", connecting all the different networks together so they can communicate with each other. There are many others, of course, some striving to solve some problem, and others to pump and dump and have fun. Open DAO is an interesting one that is building a defi network for real world assets. Real estate, vehicles, assets of all kinds are tokenized to prove ownership on the blockchain. These assets can be leveraged to borrow cash out of the defi liquidation, and that interest gets paid back to the people providing the liquidation, of course. Then you have things like LonelyFans. They are working with OnlyFans to models to provide free membership to LOF token holders, and are aiming to turn it into a NFT-type currency system for the models and their subscribers. When you send a "kiss" or a "heart" to a model, that is your tip. Those emojis could be sold on the exchanges for fiat currency if wanted, or traded directly. Celeb level models that once owned a particular emoji would give that emoji more value. It has prominence, proved by the blockchain. ALL SORTS OF STUFF GOING ON IN THIS SPACE!!! |
Ethereum really close to passing $3k. It has nearly quadrupled so far this year, and has double-gained bitcoin.
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Ethereum Classic has been blowing up lately. Not sure why, but I got in at the right time. I trust all things Ethereum at the moment.
Currently have 3,500 Doge which is nothing compared to some, but I think Doge has a legitimate chance of being something here. It's being backed by the right people. If I was a new investor and wanted to throw a little money at something, Doge would be it. It actually does have a potential future here. |
Doge is the only coin to have this week. Through Saturday night. Use the same analysis you use for bitcoin but with a wider volatility range.
Doge is the only coin you should own this week. |
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Thoughts? |
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And who are the “right people” backing doge? Elon? Lol |
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If we believe in it guys, it'll become real! Just like Santa!!! Come on now, everyone keep talking about it!
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I hope Elon does a skit shitting on enviro people and then cleverly pointing out ways that they harm the environment way more and how they are hypocrites.
My generation will take 17 airplanes, 2 boats and 4 SUVs to get 5 passport stamps and 7 instagram photos and then be like Wow bitcoin is destroying the planet. |
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Elon likes it because it's a joke and it's funny. Who else are you referring to? |
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A lot of bad advice going on in here lately. |
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If I had to bet the farm on anything now it would be ETH. I also think VET has a good practical use as well, but it has a ways to go. |
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I bought $500 worth of Doge today, finally got it to go through on Webull. Will be dumping it before Sunday though.
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I got etheium 2.0 so that pretty good with my bitcoins
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RH was a suggestion and Doge is great advise. |
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