Bitcoins/Litecoins/Virtual Currencies

  • Guest, it's time once again for the hotly contested and exciting FoH Asshat Tournament!



    Go here and fill out your bracket!
    Who's been the biggest Asshat in the last year? Once again, only you can decide!

Mist

Eeyore Enthusiast
<Gold Donor>
30,274
22,008
It's almost like being bored and stuck inside is correlated to buying crypto.
 
Last edited:
  • 1Like
Reactions: 1 user

Caliane

Golden Baronet of the Realm
14,424
9,792
it dropped to 44.6k, back up, and is declining again. did you get your shorts? what was the price?
 

LachiusTZ

Rogue Deathwalker Box
<Silver Donator>
14,472
27,162
What's the consensus regarding cardano?

Tempted to grab some to hold long term
 

Rajaah

Honorable Member
<Gold Donor>
11,003
14,657
I've got another $500 to drop somewhere, preferably BTC (where I already have a lot, but not enough). I'm expecting a dip in the near future, so I'm hesitant to buy more of it yet. What if right now ends up being the dip, though? Historical trends might not be as reliable in a Post-Gamestonk world, where everyone and their mom is getting into buying this stuff. I think I'll hold and wait for it to go sub-40k again. ...except two weeks ago I was doing a similar thing and waiting for it to go sub-30k before I invested more, and that didn't happen. Next month maybe I'll be waiting for it to go sub-50k. It's hard to say. In the meantime I could get $500 of Doge, sell it on the next spike, and reinvest that into BTC for a bit more. Still not keen on Doge though. Feels like a great Doge sell-off is imminent.

I think I might just go DCA and put $200 into BTC every week regardless of where it is. I could probably swing that without impacting other expenses. In the past I'd be saving that instead, but with inflation going in the direction it's going, I don't have much confidence in a savings account to not steadily decline in value.
 

Flobee

Vyemm Raider
2,578
2,972
What's the consensus regarding cardano?

Tempted to grab some to hold long term
I see it as a hedge against Ethereum. I don't like Charles Hoskinson much after listening to him speak some and learning about his background. Polkadot is my preferred ETH hedge, but it could go either way, or both/neither. Who knows.
 

Caliane

Golden Baronet of the Realm
14,424
9,792
BTC was at 38k before mondays Tesla spike. it is and was perfectly reasonable to expect a drop. Trying to time it with a short was iffy. (or worse if he put them in BEFORE?)
It was steadily rising however before that. I would not really expect it to drop below 40k anytime soon.

I think adoption is now much higher, so we won't be seeing 2017 style crashes.


Dollar cost average it. do 100/week.
 

Flobee

Vyemm Raider
2,578
2,972
Story I've heard is that when he used to be a part of the ETH dev team he wanted to move it towards a corporate structure, with him as the CEO. As opposed to the current Ethereum Foundation structure as a non-profit. Essentially he's in favor of a centralized organization controlling the ecosystem. Hence IOHK's structure behind Cardano. He's also kind of a little douche from what I've seen, Vitalik seems to think so, but that's subjective and probably not that important.
 

LachiusTZ

Rogue Deathwalker Box
<Silver Donator>
14,472
27,162
Vitalik looks and sounds autistic to the max.

I trust autism.
 
  • 1Solidarity
  • 1Worf
Reactions: 1 users

Arden

Blackwing Lair Raider
2,632
1,925
Well boys, I allotted 4k for crypto stuff. Just put 2k into BTC and 2k into Doge. Plan is to leave them both there for quite a while. You can tell me I'm dumb if you want- you might be right.
 
  • 2Diamond Hands
  • 1WTF
  • 1Worf
Reactions: 4 users

LachiusTZ

Rogue Deathwalker Box
<Silver Donator>
14,472
27,162
Well boys, I allotted 4k for crypto stuff. Just put 2k into BTC and 2k into Doge. Plan is to leave them both there for quite a while. You can tell me I'm dumb if you want- you might be right.

You should go into massive debt to buy doge, then tell us about it.
 
  • 2Worf
Reactions: 1 users

Lambourne

Ahn'Qiraj Raider
2,689
6,487
1613027801832.png


Thanks for the spike Elon. Peaked at 0.067 and I had my limit sell set at .0668.
 
  • 1Like
  • 1Tendies
Reactions: 1 users

Arden

Blackwing Lair Raider
2,632
1,925
Elon's tweets aren't really even moving Doge anymore. Interesting. But there hasn't been a big dip in price either.
 

Tmac

Adventurer
<Gold Donor>
9,207
15,647
Elon's tweets aren't really even moving Doge anymore. Interesting. But there hasn't been a big dip in price either.

His Twitter followers must be all in. Guess he’s just getting a gauge for his Tweet:movement ratios.