- Joined
- May 2, 2019
Laughing at Clown World Crypto Thread - Aka "post retarded meme coins and other funny shit from /biz/" thread
- Thread starter Badungus Kabungus
- Start date
ditto
kiwifarms.net
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- Aug 17, 2019
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- Oct 4, 2020
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- May 6, 2020
HBAR isn't the worst thing out there. Worst case scenario you'll wait a couple of years before you see some profits.
- Joined
- Jul 18, 2017
I really wish celebrities that know nothing about Crypto would stop tweeting about Crypto.
- Joined
- Jan 30, 2021
I know. Just invested a few k last week, I didn't expect that the course would dip like 15% since then.
I am unsure if I should HODL what I already have, or use the dip and throw in a couple more thousand.
- Joined
- Jul 18, 2017
I bought 500 bucks worth yesterday. Feels bad man. Wish I had bought today. If you got cash I would.
- Joined
- Jan 30, 2021
Probably will, the volatility doesn't inspire confidence though.
I think BTC is slowly on the way out, so I will probably buy some ETH and LINK.
Watch the market completely burn down one week after, maybe Elon will piss on the ashes.
- Joined
- Jul 18, 2017
Ethereum has been pretty robust, but it's going to suffer as BTC burns. The flipping is gonna happen though.
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- May 9, 2020
It's annoying that altcoins still follow this much, even though today's dip was allegedly triggered by tons of BTC sold in Asia and not regulation news.
- Joined
- Sep 16, 2019
It's been fascinating watching Bitcoin and Ethereum butt up against Fibonacci resistance on the ladder back up.
So far, BTC didn't make it to ~ $30,200 but had a hell of a time getting back above ~$32,150 on the 4hr chart
Then, Ethereum had to make it back above ~ $2,470 after briefly touching down by the $2,355 retracement
Now it's a matter of ETH hopping over $2,500, and from there it's Bitcoin that juts up against $33,200.
All the altcoins are obviously following like children what these two behemoths are doing.
So far, BTC didn't make it to ~ $30,200 but had a hell of a time getting back above ~$32,150 on the 4hr chart
Then, Ethereum had to make it back above ~ $2,470 after briefly touching down by the $2,355 retracement
Now it's a matter of ETH hopping over $2,500, and from there it's Bitcoin that juts up against $33,200.
All the altcoins are obviously following like children what these two behemoths are doing.
- Joined
- Jul 18, 2017
I've never understood why the alts track with BTC and ETH so much. In theory what they do should be unrelated. It could be that whales use the alts as a hedge bets and if BTC does a doompa they sell all there alts to cover the position. Does not seem very sustainable long term though.
The sooner all that capital gets out of Bitcoin and is distributed more evenly through the market the better IMO. I am thrilled about the idea of China killing its crypto industry for this reason. The Chinese did what they do best. Cheat. Lots of government and university (but I repeat myself) super computers were used to mine Bitcoins. To such a degree that China effectively controls the BTC blockchain. They could have used that power as a massive bludgeon but emperor Winnie the Pooh does not appreciate what he has because he does not understand it. His loss thank God.
- Joined
- Apr 19, 2016
Someone is making a token called Nutbusters. They already made a theme song.
nutbusters.org
Home | Nutbusters
Nutbusters revolutionizing Bsc Tokens one coom at a time, BUSD reflections
nutbusters.org
- Joined
- Sep 16, 2019
Not using the Joel version, smh.Someone is making a token called Nutbusters. They already made a theme song.
View attachment 2271911Home | Nutbusters
Nutbusters revolutionizing Bsc Tokens one coom at a time, BUSD reflections
View attachment 2271906
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- Apr 19, 2016
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- Jan 19, 2020
So tl;dr crypto is all backed by/tied to a scam bigger than Madoff?
Am I right or can I hodl?
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- Apr 21, 2013
ALL Crypto is tied to nothing but what people think its worth. Tobefair, the dollar is the same way since being taken off the gold standard.
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- Apr 19, 2016
You're right. A time will come when tether will crash the price of every single cryptocurrency. That probably won't be the end of crypto, but it's likely going to cause a bear market that will last for years.
- Joined
- Jan 19, 2020
Putting my tinfoil hat on, what are the chances that this whole Tether thing is a deliberate sabotage to allow governments to pounce on crypto and heavily regulate or ban it?
- Joined
- Jul 18, 2017
Not true actually. The value of crypto is tied to what people think the job it does is worth. All cryptos are supposed to serve a function. The function they serve is what has value, not the crypto itself. For example, Ethereum nodes spend electricity and computing power to verify that users of the Brave Browser have indeed interacted with advertisements. These interactions are then recorded and for their service the validation nodes are paid in ETH. As The Brave Foundation also recieves some of this ETH as they help validate, they can turn around and pay their users and advertisers in BAT. Which itself validates selerately but uses ETH for second order verification to confirm its value.
This is what separates crypto from fiat. They actually serve a function beyond just a medium of exchange