Cryptocurrency mega-thread

[Angus Young]

This is 2018 all over again.

 

[Pancakes]

Did you do it?

I wasn't expecting it to drop so rapidly so i had no chance to sell what i had to free up some $
Bought a bit at 90c US and sold it at $2.40 US. I was going to hold it but i want to go to bed and who knows what will happen in the next eight hours.

 

[Gigantic]

Made a small play at $4.20

Let's see how this goes.

 

[ash_1050]

Woke up, checked the price and see it's siting at $2.26 so cashed out for a $1565 profit, as 156% in three hours is a win. Shame I didn't check it two hours ago when it got to $5.40, and I'd have banked a $4.5k profit, but that's life. Thank you LUNA, it's been great.

 

[The Dice Man]

Woke up, checked the price and see it's siting at $2.26 so cashed out for a $1565 profit, as 156% in three hours is a win. Shame I didn't check it two hours ago when it got to $5.40, and I'd have banked a $4.5k profit, but that's life. Thank you LUNA, it's been great.

View attachment 1397952

Couldn't sleep because of Luna?

 

[ash_1050]

Couldn't sleep because of Luna?

Nah, woke up to pee. Glad I did though, would have been much less fun selling at the $1.10 it is currently.

 

[Yellow Feathers]

Scalped a quick double when it popped last night. Lol tanking again.

 

[dustysnecktattoo]

I blame NFT’s … crap use of crypto, gotta be better

 

[dustysnecktattoo]

NFT’s and DeFi rug pulls … back to 2018 indeed

 

[LongBombFromOutside50]

Do you guys really think that Luna will recover? Protocol seems flawed tbh.

Never underestimate the power of the meme though.

 

[LongBombFromOutside50]

Do you guys really think that Luna will recover? Protocol seems flawed tbh.

Never underestimate the power of the meme though.

From what I've read the protocol is fundamentally broken. Basically a permanent arb opportunity with enough financial mass.

 

[Bostonian]

Very disappointed in FTT.

With such huge capitulations across the board I was really hoping to get much better prices to increase my bag size.

10% down at present seems such a crappy discount in this market.

 

[BACCS]

Are you in long yet?

Nah, still way too choppy for me

 

[BACCS]

Do you guys really think that Luna will recover? Protocol seems flawed tbh.

Never underestimate the power of the meme though.

Don’t think it will disappear completely, but would be shocked if we ever see it near top 20 cryptos, let alone top 10. Way too much damage done to the reputation, let alone the flaws in the protocol that were exposed with this attack. Not sure if Fantom recovers either tbh, their reputation has taken a major hit too with a few network issues and tokens on their platform rugging constantly.

Solana will recover (maybe not to prior market cap levels, but enough to stay top 20), however their platform keeps going offline and just shows once again how much we need Ethereum. No other L1s have managed to come close yet.

 

[BACCS]

BTC officially put in a lower low today as well, it never dipped below 28k last year.

 

[LongBombFromOutside50]

Don’t think it will disappear completely, but would be shocked if we ever see it near top 20 cryptos, let alone top 10. Way too much damage done to the reputation, let alone the flaws in the protocol that were exposed with this attack. Not sure if Fantom recovers either tbh, their reputation has taken a major hit too with a few network issues and tokens on their platform rugging constantly.

Solana will recover (maybe not to prior market cap levels, but enough to stay top 20), however their platform keeps going offline and just shows once again how much we need Ethereum. No other L1s have managed to come close yet.

The space definitely needs Ethereum. I think Solana's congestion issues are rectifiable, unlike Luna's issues. I'm no computer scientist nor software engineer, but it will be interesting to see what progress they make there

 

[Seeds]

Filled lol

Surely it bounces at $1....

So the anti capitalist has decided to join in the absolute worst part of capitalism?

even i find the wealth distribution created by crypto immoral. How do you justify it?

and lets not even discuss the environmental impact. You cant complain about the lack of action on climate if you buy crypto.

 

[Seeds]

What happened to crypto being a hedge against inflation?

woops.

crypto is just a less successful scam then the south sea trading company.

look it up people. Thats the destiny of crypto. Just with a smaller high.

atleast the south sea trading company had a couple of ships. Crypto has nothing, other then the fact its terrible for the environment.

 

[LongBombFromOutside50]

Yawn

You know we're at a local bottom when the crypto haters start piling into this thread

So the anti capitalist has decided to join in the absolute worst part of capitalism?

even i find the wealth distribution created by crypto immoral. How do you justify it? and lets not even discuss the environmental impact. You cant complain about the lack of action on climate if you buy crypto.

What happened to crypto being a hedge against inflation?

woops.

crypto is just a less successful scam then the south sea trading company.

look it up people. Thats the destiny of crypto. Just with a smaller high.

atleast the south sea trading company had a couple of ships. Crypto has nothing, other then the fact its terrible for the environment.

 

[Ghost Patrol]

So the anti capitalist has decided to join in the absolute worst part of capitalism?

even i find the wealth distribution created by crypto immoral. How do you justify it?

and lets not even discuss the environmental impact. You cant complain about the lack of action on climate if you buy crypto.

You been reading news.com again seeds?

 

[faible]

You been reading news.com again seeds?

Crypto is on the front page, checks out.

 

[BACCS]

Crypto is on the front page, checks out.

I’m sure the main board crypto threads are a hoot right now…

 

[Ghost Patrol]

What happened to crypto being a hedge against inflation?

woops.

crypto is just a less successful scam then the south sea trading company.

look it up people. Thats the destiny of crypto. Just with a smaller high.

atleast the south sea trading company had a couple of ships. Crypto has nothing, other then the fact its terrible for the environment.

Online pr0n uses more electricity than crypto, but it appears you are still typing with one hand.

 

[Evolved1]

Let's see how accurate Seeds is as a buy signal. Current BTC price $29,200

 

[Seeds]

Online pr0n uses more electricity than crypto, but it appears you are still typing with one hand.

Online pr0n provides a service. Crypto does not. Its just waste.

finding a socialist engaging in crypto is like catching a homophobic evangelist preacher pants down in a gay brothel.

there is no come back you can provide.

even us liberals beleive governments should have a monopoly on money. Only hardcore anti government libertarians can rationally advocate for crypto.

crypto is basically the opposite of socialism.