Crypto Tip

backthepack said:

FremontTroll said:

backthepack said:

ntxduck said:

@backthepack as the resident crypto expert what are your thoughts on ethereum max (emax) that just launched Friday?


https://www.ethereummax.org/

Anything done by the ETH team is probably worthwhile.

Who the fuck is the “ETH team” and what the hell do they have to do with this pump n dump?

Eth isn’t a pump and dump. It’s the second biggest coin on the market behind bitcoin. The coin he’s talking about is on the eth network, it’s built off ETH code.

Cardano’s not a pump and dump at all?

No shit man my question was what do Vitalik or any eth developers have to do with emax?

You realize anybody can create an erc-20 token right?

I spent five minutes looking into it and looked like a super obvious pump n dump. 2 quadrillion tokens lol. Who is the team? Who stands behind it?

Thanks for the tip, maaaan.

Should add I’m not a crypto guy...I have about $50k...errr...$25k now in litecoin forever lost from mining it out of boredom 10 years ago but that’s my own stupidity.

I like the idea of crypto...think most here know my opinion on the Fed and their printing presses...but I do think the crypto space has become a worse version with everyone coming out with a new one and printing up a storm of it. And absolutely despise the idea the space is mostly driven by burning coal in China to generate electricity to mine the stuff and then a transfer of wealth from Western Civilization to them to “buy” it.

Day-trading crypto is not smart. Long haul I think it's a good investment. Consolidation needs to happen, though. Way too many options out there and everyone is blowing their wad on fad coins to try and find the next Doge get-rich-quick scheme. The fact that all it takes is one Elon tweet to make people panic speaks to how immature this market still is.

I read an article comparing the recent crypto run-up to the dot-com bubble. Amazon took a huge hit during that cycle but came out on the other side as an empire. Bitcoin and Etherium are the only ones worth buying right now, IMO.

*This is armchair info only and not to be taken as financial advice. I am only good at noticing financial trends after they've happened.

Big bounce back

Glad I only use crypto to fund/transfer to my off-shore online gambling habit problem. What a shit show

HoustonHusky said:

https://twitter.com/saxena_puru/status/1394996476875403265?s=21

This guy is on CNBC right now...if he wasn't talking about bitcoin I would think he's a cult leader. Kinda frightening... As a friend of mine says about Cathy Wood as well...this guy has those crazy eyes...

Can't complain too much though...one of my favorite stocks I'm in right now has a pretty cultish Social Media presence...makes me question my judgement quite a bit but still think its a good (risky...) play...

Kaepsknee said:

Looks like crypto was fun while it lasted. China is cracking down on it.

First Tesla, the US Government requiring reporting on $10k or more due to pipeline payoff and now China.

Ts and Ps to those who didn’t get out in time.

More coins for me!

Kaepsknee said:

Looks like crypto was fun while it lasted. China is cracking down on it.

First Tesla, the US Government requiring reporting on $10k or more due to pipeline payoff and now China.

Ts and Ps to those who didn’t get out in time.

Kaepsknee said:

Looks like crypto was fun while it lasted. China is cracking down on it.

First Tesla, the US Government requiring reporting on $10k or more due to pipeline payoff and now China.

Ts and Ps to those who didn’t get out in time.

First one group of idiots is spiking the football then the opposite group of idiots is spiking the football.

Lather, rinse, repeat.

greenblood said:

FremontTroll said:

Kaepsknee said:

Looks like crypto was fun while it lasted. China is cracking down on it.

First Tesla, the US Government requiring reporting on $10k or more due to pipeline payoff and now China.

Ts and Ps to those who didn’t get out in time.

Kaepsknee said:

Looks like crypto was fun while it lasted. China is cracking down on it.

First Tesla, the US Government requiring reporting on $10k or more due to pipeline payoff and now China.

Ts and Ps to those who didn’t get out in time.

First one group of idiots is spiking the football then the opposite group of idiots is spiking the football.

Lather, rinse, repeat.

I’m not too worried. Some form of regulation is needed if Crypto wants to become mainstream. Nobody gives a fuck what China or any other country does. People will still mine, it’s too lucrative not too. They’ll just take a chance. The reason China is curbing it, is because cryptocurrency is the one thing that can call out the Yen for what it is. And that scares the Chinese.

The...yen?

ntxduck said:

greenblood said:

FremontTroll said:

Kaepsknee said:

Looks like crypto was fun while it lasted. China is cracking down on it.

First Tesla, the US Government requiring reporting on $10k or more due to pipeline payoff and now China.

Ts and Ps to those who didn’t get out in time.

Kaepsknee said:

Looks like crypto was fun while it lasted. China is cracking down on it.

First Tesla, the US Government requiring reporting on $10k or more due to pipeline payoff and now China.

Ts and Ps to those who didn’t get out in time.

First one group of idiots is spiking the football then the opposite group of idiots is spiking the football.

Lather, rinse, repeat.

I’m not too worried. Some form of regulation is needed if Crypto wants to become mainstream. Nobody gives a fuck what China or any other country does. People will still mine, it’s too lucrative not too. They’ll just take a chance. The reason China is curbing it, is because cryptocurrency is the one thing that can call out the Yen for what it is. And that scares the Chinese.

The...yen?

Asian currency superiority guy.