Cryptocurrency mega-thread

[maryjames]

Looks good.

 

[Evolved1]

I read a few crypto forums on fb and it’s insane the moves people make. 90% have absolutely no idea wtf is going on. Just full gambling and following crap advice from trolls and others who have no idea. Mostly newbies though.
See so many loses. Shocks me

It's sad to see so many people lose money in a bull market bubble.

Been there, done that, and I'm a bit wiser this time around.

 

[Evolved1]

I love buying after the degen 100x margin gamblers get wiped out.

 

[Evolved1]

fu** the sh*t coins and the chasing 100x


Btc and eth
Then platforms etc
Cardano, vechain
Vechain is under 20c ffs.
Bag it now and hodl
Harmony has potential imo another one at 14c.

Anything other than BTC is a shitcoin afaic.

 

[Pugz89]

True. 2 to 3 years time make sure we all locked and loaded. Then game time again.

Yeah I’m big with stellar atm. Hoping it does it thing. Been very patient.

Stellar more or less seems to follow XRP. With both pumping in recent days, it could be go time for both.

 

[maryjames]

It's sad to see so many people lose money in a bull market bubble.

Been there, done that, and I'm a bit wiser this time around.

Now we have a better picture of what’s going on. People are more wiser then what they were in 2016/18. Well the people who experienced it are anyway. I know guys who put in huge near the top in 2017 and lost it all virtually and gave up. I told them June last year to get back in and they haven’t. But they do well anyway. But better if took my advice lol

 

[dustysnecktattoo]

had 15 million vechain at one stage, got impatient sold it all before the end of last year

 

[PoppedCorn]

Bull time

 

[maryjames]

 

[maryjames]

Litecoin let’s go.

 

[Garf]

XRP continues to rise...Ethereum cracks 3K AUD.

Fun times !!

 

[Angus Young]

This is crazy... keep thinking there is gona be a huge crash.....but no we keep going up and up

 

[owen87]

This is crazy... keep thinking there is gona be a huge crash.....but no we keep going up and up

Went up what, 25 times value in 12 months from 2016 - 2017 peak. We're only at 8 times...

 

[Ghost Patrol]

Doge is about to enter top 10 market cap

 

[owen87]

Doge is about to enter top 10 market cap

Sums up crypto quite well really, the joke coin is somehow top-10 market cap

 

[Pugz89]

XRP nudging $2.50AUD. Seems like it still has plenty in it as well, particularly given the court case hasn't even been settled yet and it still hasn't been relisted on many of the exchanges which removed it.

 

[Shupe]

What a day! LTC, ADA, LINK all make up a decent chunk of my portfolio.

My lower MC's are all in the dumps though.

 

[Chief]

Crypto has never ceased to puzzle me.

What is behind this bubble?

Then I read about the amount of money in circulation.

US:



Apparently the world's money supply doubled in the last year or so?

If that's the case... is that the source of this crypto bubble? Cash just sloshing around looking for places to sit?

It's worth considering.

 

[owen87]

Crypto has never ceased to puzzle me.

What is behind this bubble?

Then I read about the amount of money in circulation.

US:

View attachment 1102448

Apparently the world's money supply doubled in the last year or so?

If that's the case... is that the source of this crypto bubble? Cash just sloshing around looking for places to sit?

It's worth considering.

Historically low interest rates mean people are looking for alternative investment vehicles? The US stock markets are at all time highs across the board as well.

 

[Evolved1]

Crypto has never ceased to puzzle me.

What is behind this bubble?

Then I read about the amount of money in circulation.

US:

View attachment 1102448

Apparently the world's money supply doubled in the last year or so?

If that's the case... is that the source of this crypto bubble? Cash just sloshing around looking for places to sit?

It's worth considering.

That's part of the story. A bigger factor is the bitcoin reward halving. During halvings, the mining rewards are cut which leads to a shortage of BTC on the market. Supply and demand. Bubble after bubble. I laugh when I see BTC compared to tulip mania knowing that it will happen again during the next cycle.

 

[Chief]

That's part of the story. A bigger factor is the bitcoin reward halving. During halvings, the mining rewards are cut which leads to a shortage of BTC on the market. Supply and demand. Bubble after bubble. I laugh when I see BTC compared to tulip mania knowing that it will happen again during the next cycle.


View attachment 1102538

Watched a video about billions going through BTC casinos.

Wild west stuff.

Add in the YouTube shills flogging "I know how to beat the BTC games" stuff when they are games that are programmed to cost players in the long run.

 

[Evolved1]

Watched a video about billions going through BTC casinos.

Wild west stuff.

Add in the YouTube shills flogging "I know how to beat the BTC games" stuff when they are games that are programmed to cost players in the long run.

There's a lot of scams in crypto. It's a lot like a circus really. When the market is pumping, the tents go up and the clowns start shilling for the crowd on social media.

Generally speaking, even the legitimate crypto crowd prefer a mostly unregulated market.

BTC was borne from a mistrust of government.

 

[maryjames]

This is crazy... keep thinking there is gona be a huge crash.....but no we keep going up and up

Seen many huge crashes. Meh.

 

[Chris25]

Crypto advice for an absolute beginner?

Well its been 2 months, and I still have no idea what crypto is. And it gets more confusing every day.

Yet my portfolio of BTC, ETH and RFOX has grown by 25%.

 

[Drakescoffeecake]

Well its been 2 months, and I still have no idea what crypto is. And it gets more confusing every day.

Yet my portfolio of BTC, ETH and RFOX has grown by 25%.

Need moar doge