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Cryptocurrency mega-thread

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The Dice Man said:
Yeah I saw that yesterday. It was listed on CoinMarketCap at $74 or something crazy. It’s a glitch, MetaMask didn’t do it. I guess trust wallet takes their information from CoinMarketCap?
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That's correct, it pulls the data from CMC.
 
Shupe said:
In the space of about a week, this thread has changed from decent crypto talk to full blown shitcoin chat.
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Shitcoins are far more interesting to talk about boring old top 10 cryptos and missing the boat on Shiba.

That's why people froth over the loss pr0n on WallStreetBets over on Reddit.
 
Bostonian said:
I gave out a legit coin to get into.

Was just under $12 then, now approaching $19.
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Yeah exactly, it's getting lost in the shuffle.
 
bzparkes said:
Shitcoins are far more interesting to talk about boring old top 10 cryptos and missing the boat on Shiba.
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Agree to disagree.

Don't get me wrong, I dabble, but I don't find it 'interesting' at all. It's gambling and getting lucky and hoping you're not left holding the bag.
 

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Shupe said:
Agree to disagree.

Don't get me wrong, I dabble, but I don't find it 'interesting' at all. It's gambling and getting lucky and hoping you're not left holding the bag.
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Nah, if you're a true shitcoiner you'll know what to invest in, when to pull out and what to avoid. Takes some dedication to get used to it though and preparedness to lose a fair whack of money along the way.

For me, much more interesting than big cryptos but I still invest in those too. They're just my long term holds that I flip shitcoins into for security.
 
BACCS said:
Any recent news triggering this recent FUDCoin sell off bzparkes, or just the usual volatility with micro caps?
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Usual volatility. People are impatient when things take more than 3 days to pump. Plenty of updates, one of the lead devs doxxed and Is hosting a new channel where they posted the unedited video today, plenty going on.

A lot of people who invest in microcaps simply do so because they pump easily, so they chase them. That's a fantastic way to lose your money, especially when so many people don't follow projects they put their money into.
 
bzparkes said:
Usual volatility. People are impatient when things take more than 3 days to pump. Plenty of updates, one of the lead devs doxxed and Is hosting a new channel where they posted the unedited video today, plenty going on.

A lot of people who invest in microcaps simply do so because they pump easily, so they chase them. That's a fantastic way to lose your money, especially when so many people don't follow projects they put their money into.
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I put 100 in and not too worried. For me it looks like an easy 10 and maybe 100x. Happy to let that sit there for as long as it takes.
 

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The Dice Man said:
I put 100 in and not too worried. For me it looks like an easy 10 and maybe 100x. Happy to let that sit there for as long as it takes.
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It'll be fine, devs are active and won't rug. Back end stuff still finalising, also waiting on CMc listing so it'll go wide after that.
 
Pancakes said:
It needs it. Been on a slide for the last few days.
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I used to trade shares in the old days (i.e. before interest rate manipulation became blatant). Was more of a value type than a chart/TA type. But I paid attention to what I considered chartist gobbledygook (head and shoulders, etc) because there were/are so many chartists that they had/have an effect on prices. So looking at the FLOKI monthly chart, it looks to me (not an expert) that there’s a line under the lows which has been hit today/yesterday and it’s bouncing up from that line.

I wonder: to what extent are people here using “value” as an indicator (asking devs questions on TG, digging in to contracts, and so on), versus chart analysis? I imagine big tickets like BTC and ETH etc have their chartist/intrinsic value acolytes just like RIO and BHP do, but what about the smaller MCs, the newer listings, and so on. Pretty hard to do TA I would have thought. And pretty hard to estimate value too, for many of them.

All of which leads to me offering my apologies for my part in de-railing this fred, to the extent that I did over the past week or so. I’ll bugger off to the shit coin fred as soon as there is one :)
 

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