Cryptocurrency mega-thread

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maryjames said:
lol your typical cnn watchers voting.

People have no idea wtf is going on

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Whenever I mention it, people seem they have to invest in an entire coin. They become more interested when I mention you can actually invest much smaller amounts. I really should use a referral link :)
 

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BNB finally takes a dip. Time to invest a little more.
 
Shaxx Attaxx said:
So basically nothing is safe lol
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I bought mine from a trusted third party seller, and my details weren't part of the leak.

There was a post on reddit about a druggie attempting to blackmail someone out of their crypto by threatening their family. If they get your name, address, and phone number...and they know you're holding crypto, it makes you an easy target.
 
Seeds said:
Its a modern disgrace that governments havnt banned crypto. They will eventually as a government ceases to exist if it doesnt control money.

but a lot of unjust wealth transfer is happening before thy realise they must ban it. This is the german hyperinflation event of our times.
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* the governments.
 
Shaxx Attaxx said:
Thought I’d jump on the Ledger Nano X. Anyone else got one?
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It's on my shopping list. Andrei Jikh did a great youtube video in the past week about how they work.
 

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Seeds said:
Its a modern disgrace that governments havnt banned crypto. They will eventually as a government ceases to exist if it doesnt control money.

but a lot of unjust wealth transfer is happening before thy realise they must ban it. This is the german hyperinflation event of our times.
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Do you think customer reward programs like flybuys should be banned as well?
 
Seeds said:
who has decided to retire at 25 because they have so many customer reward points they no longer have to work? Who outbidded potential buyers on a house that is valued at 10 million dollars using customer reward points?
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Do you really have empathy for the potential buyers that missed out on the 10 million dollar house?

Why would you want a situation where Coles can create a currency, but no one else can?
 
This is crazy stuff. I really like what I've found out about Cardano (ADA) so far but holy crap, $33 billion?! Insane valuation. I've bought a few hundred to play around with and learn the ropes with during this bull market but I'm fully expecting it - and the rest of the altcoins - to crater at some point.

The other altcoin I can see having real-world application is Stellar - any other suggestions? Looking for a few that might get uptake from governments and/or become transactional currencies.

The fact a total crypto skeptic like me is getting involved is probably the greatest SELL signal for long-term altcoin holders!
 
Shaxx Attaxx said:
Sorry for the dumb noob question but when is search lets say for Cardano. I have a heap of different ADA come up like ADA/USDT, ADA/BUSD etc. What is the actual Cardano lol?
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They’re all Cardano; it’s what you’d be purchasing with basically.

So ADA/USDT means you use USDT, BTC means Bitcoin etc...

I’m sure someone can explain it in much better detail though.
 
Rookie said:
This is crazy stuff. I really like what I've found out about Cardano (ADA) so far but holy crap, $33 billion?! Insane valuation. I've bought a few hundred to play around with and learn the ropes with during this bull market but I'm fully expecting it - and the rest of the altcoins - to crater at some point.

The other altcoin I can see having real-world application is Stellar - any other suggestions? Looking for a few that might get uptake from governments and/or become transactional currencies.

The fact a total crypto skeptic like me is getting involved is probably the greatest SELL signal for long-term altcoin holders!
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XRP has signed with Western Union/Moneygram, can't remember which one, along with some banks already. So I'd be guessing its another that has got a steady real world footprint already.
 
Shaxx Attaxx said:
Sorry for the dumb noob question but when is search lets say for Cardano. I have a heap of different ADA come up like ADA/USDT, ADA/BUSD etc. What is the actual Cardano lol?
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ADA/USDT is what each Ada coin is worth in US dollar, but in crypto you can also trade directly into another coin without transferring it into Fiat currency first. So ADA/BTC would be the conversion rate from Cardano to Bitcoin for example. At least that's my understanding..
 
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