Bitcoins/Litecoins/Virtual Currencies

Intrinsic

Person of Whiteness
<Gold Donor>
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No time soon. Going to wait until it gets higher. Whenever the market settles I expect it to rebound past ATH. ETH gas fees are crazy as are swaps.

I just meant in reference to your comment about “made 5,000 by selling” in the other post. Just seeing what people are selling/swapping to for the dip ins/dip out.

Dad now sending me emails with Yahoo Finance links about crypto being dead bc the government announced they want to do crypto. Here we go...... 🤦‍♂️
 

Jackie Treehorn

<Gold Donor>
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I just meant in reference to your comment about “made 5,000 by selling” in the other post. Just seeing what people are selling/swapping to for the dip ins/dip out.

Dad now sending me emails with Yahoo Finance links about crypto being dead bc the government announced they want to do crypto. Here we go...... 🤦‍♂️
Oh I gotcha now. Yes, I used QuickSwap into USDC. Doesn't really matter I guess. Tether, DAI, USDC. They all cost about the same fees to use.
 

Rajaah

Honorable Member
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I'd be up 25k instead of down 1.8k if I had properly paperhands when I posted this:

I should trust my instincts better; 146 IQ gives you fantastic instincts for imaginary internet money.

I have a 138 IQ (as of 2018; in 2008 it was 145 so I've significantly lost points).

...And I'm a fucking idiot.

Edit: I agree about trusting instincts though, my worst moves were when I let FOMO take over and grabbed things that I thought were probably a bad idea, like GME and Doge.
 

Jackie Treehorn

<Gold Donor>
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Crypto market barely blinked at the IRS threat/announcement today. Interesting...
It dipped for all of about 20 minutes as soon as that news came out. BTC went from 40k down to 38 and change, Eth went down to low 2600s and maybe high 2500s. Then immediately back to where it is now.
 

Rajaah

Honorable Member
<Gold Donor>
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I don't like this BTC wavering at 40k and ETH at 2800. IT'S FREAKING ME OUT, MAN (not really.) Is it gonna bust higher or lower.

Yeah this has been a very suspenseful week. I feel bad for everyone who "lost their savings" though. Never ever sell mid-crash. Panic is what screwed people over more than anything else.
 

Arden

Blackwing Lair Raider
2,648
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It dipped for all of about 20 minutes as soon as that news came out. BTC went from 40k down to 38 and change, Eth went down to low 2600s and maybe high 2500s. Then immediately back to where it is now.

Right. Barely a hiccup. Everything about the crash seemed contrived to me. One gets the sense we are right on the cusp of something.
 
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Mist

Eeyore Enthusiast
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I have a 138 IQ (as of 2018; in 2008 it was 145 so I've significantly lost points).

...And I'm a fucking idiot.
You might want to get to some sort of root cause analysis of that IQ loss. The graph of your IQ is not supposed to track with your portfolio, although the correlation is interesting.
 
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Jackie Treehorn

<Gold Donor>
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Yeah this has been a very suspenseful week. I feel bad for everyone who "lost their savings" though. Never ever sell mid-crash. Panic is what screwed people over more than anything else.
The unfortunate thing is a lot of people are gambling with money they can't lose, which forces them to panic...there are people betting their rent money on this stuff. So dumb. No different than them taking it to a casino, at any rate.
 
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Flobee

Vyemm Raider
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The unfortunate thing is a lot of people are gambling with money they can't lose, which forces them to panic...there are people betting their rent money on this stuff. So dumb. No different than them taking it to a casino, at any rate.
It is definitely dumb. However when you're facing (at least the specter of) inflation speculation is understandable. Same thing happened in Weimar.
 
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swayze22

Elite
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this one of you guys?

1621541569609.png
 
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Flobee

Vyemm Raider
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Fed on stablecoins + Fed Spycoin


CBDC is the path to Fed direct UBI wallets and the loss of financial privacy. Buckle up boys, its both a huge improvement and an incredibly invasive tool.
 
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James

Ahn'Qiraj Raider
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CBDC is the path to Fed direct UBI wallets and the loss of financial privacy. Buckle up boys, its both a huge improvement and an incredibly invasive tool.

Just one more reason to be bullish on Truebit: Truebit

Truebit combines with bulletproofs to achieve compact, zero-knowledge proofs without trusted setup. Smart contracts can leverage Truebit to execute complex operations such as bilinear maps, ring signatures, homomorphic encryption, or secure code validation.

Ring signatures are what Monero uses to build plausible deniability into their transactions. If I had to guess, I'd guess that the first successful CDBC is developed on Ethereum with Truebit.
 
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Lanx

<Prior Amod>
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Yeah this has been a very suspenseful week. I feel bad for everyone who "lost their savings" though. Never ever sell mid-crash. Panic is what screwed people over more than anything else.
what about ppl like me and Daezuel Daezuel , on friday i was like

"hey foh fam, how do i crypto, lemme get my feet wet"

then

holy shit
 
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Furry

WoW Office
<Gold Donor>
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Just one more reason to be bullish on Truebit: Truebit

Truebit combines with bulletproofs to achieve compact, zero-knowledge proofs without trusted setup. Smart contracts can leverage Truebit to execute complex operations such as bilinear maps, ring signatures, homomorphic encryption, or secure code validation.
I'm trying to read those words, but I keep seeing a bunch of porn terms instead.