Mark80 Posted February 8, 2021 Share Posted February 8, 2021 As par for my investment course beyond mutual funds...I had some bitcoin when it was at $3.5k a few years ago. Man, am I dumb sometimes. Quote Link to comment Share on other sites More sharing options...
Pete Posted February 8, 2021 Share Posted February 8, 2021 42 minutes ago, Mark80 said: As par for my investment course beyond mutual funds...I had some bitcoin when it was at $3.5k a few years ago. Man, am I dumb sometimes. I was going to buy some at $400- then it jumped to $800. I am dumber Quote Link to comment Share on other sites More sharing options...
BringMetheHeadofLeonLett Posted February 9, 2021 Share Posted February 9, 2021 Anyone DOGEing? I started in at .02, and went up to .08 the same day haha, before dumping back down... now on a steady clip back through .08. Feels sustainable this time with all the press. I get the lack of declared cap makes it different than bitcoin, and I'm sure it will only value out at a low % of btc, but so far I just can not complain. Quote Link to comment Share on other sites More sharing options...
TBBills Posted February 9, 2021 Share Posted February 9, 2021 The only thing about these is they are being manipulated by tweets... Scary thing. Quote Link to comment Share on other sites More sharing options...
Doc Posted February 9, 2021 Share Posted February 9, 2021 (edited) 6 hours ago, BringMetheHeadofLeonLett said: Anyone DOGEing? I started in at .02, and went up to .08 the same day haha, before dumping back down... now on a steady clip back through .08. Feels sustainable this time with all the press. I get the lack of declared cap makes it different than bitcoin, and I'm sure it will only value out at a low % of btc, but so far I just can not complain. Here. I looked into it last year on Coinbase (which doesn't support it) and read in the description that it was created as a joke, so I stayed away. Earlier this year my son said he bought some and I said to him "you realize it was created as a joke, right?" He replied "yeah, but dad, if young people like me start to adopt it, it can become like another Bitcoin." I couldn't argue with that logic and bought a ton at .0084. I saw that Elon Musk tweeted about it being the people's coin several days ago, heard that Gene Simmons bought a ton over this past weekend and there was supposed to be a commercial for it during the SB. 4 hours ago, TBBills said: The only thing about these is they are being manipulated by tweets... Scary thing. The bump yesterday was apparently because Tesla invested in and soon will be accepting Bitcoin. That could be a game-changer for it. Edited February 9, 2021 by Doc 1 Quote Link to comment Share on other sites More sharing options...
Jauronimo Posted February 9, 2021 Share Posted February 9, 2021 9 hours ago, BringMetheHeadofLeonLett said: Anyone DOGEing? I started in at .02, and went up to .08 the same day haha, before dumping back down... now on a steady clip back through .08. Feels sustainable this time with all the press. I get the lack of declared cap makes it different than bitcoin, and I'm sure it will only value out at a low % of btc, but so far I just can not complain. It is a crypto currency based on a meme. It was started as a joke, literally. It has no use case. No one it accepts it as payment and it has never been considered a store of value. Like all crypto currencies it is subject to pump and dumps on unregulated markets. Good luck. Quote Link to comment Share on other sites More sharing options...
BringMetheHeadofLeonLett Posted February 9, 2021 Share Posted February 9, 2021 3 minutes ago, Jauronimo said: It is a crypto currency based on a meme. It was started as a joke, literally. It has no use case. No one it accepts it as payment and it has never been considered a store of value. Like all crypto currencies it is subject to pump and dumps on unregulated markets. Good luck. I think it all comes back to Doc's son... (mostly) figuratively. Does the upcoming generation believe in this as a future form of currency, and with its cheap initial price, does the potential of that belief raise the 'coin' to self-fulfilling prophecy status? The dollar is backed by faith in the US gov't- can this be backed by faith in something different- maybe a belief in an agreeable, global, easily bartered online currency... In an odd way, it's not too much of a stretch to see a future currency which will be more stable than the dollar. I don't really care if the logo is cat's hairball or a 7-legged spider, btw. Quote Link to comment Share on other sites More sharing options...
Jauronimo Posted February 9, 2021 Share Posted February 9, 2021 Just now, BringMetheHeadofLeonLett said: I think it all comes back to Doc's son... (mostly) figuratively. Does the upcoming generation believe in this as a future form of currency, and with its cheap initial price, does the potential of that belief raise the 'coin' to self-fulfilling prophecy status? The dollar is backed by faith in the US gov't- can this be backed by faith in something different- maybe a belief in an agreeable, global, easily bartered online currency... In an odd way, it's not too much of a stretch to see a future currency which will be more stable than the dollar. I don't really care if the logo is cat's hairball or a 7-legged spider, btw. Clearly, you are not too familiar with the volatility of even the most stable crypto currencies. Why would DOGE ever get the nod over BTC, BCH, LTC, XRP or any of the dozens of others that were designed to be actual forms of currency as opposed to say a joke? Quote Link to comment Share on other sites More sharing options...
BringMetheHeadofLeonLett Posted February 9, 2021 Share Posted February 9, 2021 1 minute ago, Jauronimo said: Clearly, you are not too familiar with the volatility of even the most stable crypto currencies. Why would DOGE ever get the nod over BTC, BCH, LTC, XRP or any of the dozens of others that were designed to be actual forms of currency as opposed to say a joke? Beyond a doubt I am not familiar with this form of enchilada- that's why my first sentence in this thread was a question. I have no idea why it could rise to prominence vs. the others, but main plusses I see on it are affordability per whole coin, saturation of awareness, and the possibility of faith en masse. Quote Link to comment Share on other sites More sharing options...
Jauronimo Posted February 9, 2021 Share Posted February 9, 2021 51 minutes ago, BringMetheHeadofLeonLett said: Beyond a doubt I am not familiar with this form of enchilada- that's why my first sentence in this thread was a question. I have no idea why it could rise to prominence vs. the others, but main plusses I see on it are affordability per whole coin, saturation of awareness, and the possibility of faith en masse. You can buy fractions of BTC, BCH, ETH and most other ones. Few people are buying whole Bitcoin at $45k a pop. You can buy in whatever increment is worth it to you assuming it covers transaction fees which are increasingly steep. Quote Link to comment Share on other sites More sharing options...
BillsShredder83 Posted March 19, 2021 Share Posted March 19, 2021 Dropped $200 into it today. Lol money i can stand to lose that feels like it could massively boom. Well see where this goes.... 1 Quote Link to comment Share on other sites More sharing options...
Augie Posted March 19, 2021 Share Posted March 19, 2021 (edited) On 2/9/2021 at 2:05 PM, Jauronimo said: You can buy fractions of BTC, BCH, ETH and most other ones. Few people are buying whole Bitcoin at $45k a pop. You can buy in whatever increment is worth it to you assuming it covers transaction fees which are increasingly steep. I don’t know squat about this. Full disclosure....nothing. I was surprised to hear that my wife’s employer (a YUGE financial institution) is investing in and building around this stuff. When you are handling estates worth hundreds of millions, and cryptocurrency is a significant holding, you’d better get up to speed. You have no other choice! I admit I never took it too seriously, but what the heck do I know? . Edited March 23, 2021 by Augie 2 Quote Link to comment Share on other sites More sharing options...
The Poojer Posted March 19, 2021 Share Posted March 19, 2021 proud owner of .0019 bitcoins 1 Quote Link to comment Share on other sites More sharing options...
Buffalo716 Posted March 20, 2021 Share Posted March 20, 2021 (edited) 11 hours ago, The Poojer said: proud owner of .0019 bitcoins Proud owner of .10085 at 15k avg On 2/9/2021 at 8:03 AM, Doc said: Here. I looked into it last year on Coinbase (which doesn't support it) and read in the description that it was created as a joke, so I stayed away. Earlier this year my son said he bought some and I said to him "you realize it was created as a joke, right?" He replied "yeah, but dad, if young people like me start to adopt it, it can become like another Bitcoin." I couldn't argue with that logic and bought a ton at .0084. I saw that Elon Musk tweeted about it being the people's coin several days ago, heard that Gene Simmons bought a ton over this past weekend and there was supposed to be a commercial for it during the SB. The bump yesterday was apparently because Tesla invested in and soon will be accepting Bitcoin. That could be a game-changer for it. At its peak value it might reach a dollar or 1.50 Intrinsically it has no value, and there's an unlimited supply of coins. So I would be happy every 5 cents it runs I had about 12,000 at .0007 Edited March 20, 2021 by Buffalo716 Quote Link to comment Share on other sites More sharing options...
Doc Posted March 20, 2021 Share Posted March 20, 2021 10 minutes ago, Buffalo716 said: Proud owner of .10085 at 15k avg At its peak value it might reach a dollar or 1.50 Intrinsically it has no value, and there's an unlimited supply of coins. So I would be happy every 5 cents it runs I had about 12,000 at .0007 Bought a bunch at .0084. As long as it’s above 1 penny... Quote Link to comment Share on other sites More sharing options...
Buffalo716 Posted March 20, 2021 Share Posted March 20, 2021 6 minutes ago, Doc said: Bought a bunch at .0084. As long as it’s above 1 penny... Absolutely. But with everything it's timing. People getting in under one cent is in a good position If you dropped $2,000 at 8 cents.. you might go on a nice ride of volatility.. there are only x amount of Bitcoin.. that's why it's so valuable Millions of dogecoin are created everyday creating a constant influx 1 Quote Link to comment Share on other sites More sharing options...
Knox Bell Posted March 20, 2021 Share Posted March 20, 2021 (edited) On 3/19/2021 at 3:30 PM, The Poojer said: proud owner of .0019 bitcoins I congratulate you, I have 0.0056😁 Bitcoin, one of the most popular cryptocurrencies, has somehow found its way into casinos. Many Bitcoin casinos provide big bonuses to attract more Bitcoin players such as the US player. On the site https://crypto.professorslot.com/casinos/ I found a very interesting overview of supported cryptocurrencies in crypto casinos (more extensive than that of crypto gamblers). One of my clear favorites is Bitstarz Casino, a mobile Bitcoin casino with 24/7 live chat. Edited March 29, 2021 by Knox Bell Quote Link to comment Share on other sites More sharing options...
Augie Posted March 23, 2021 Share Posted March 23, 2021 On 3/19/2021 at 9:30 AM, The Poojer said: proud owner of .0019 bitcoins Do you keep that in your sock drawer? Be careful on laundry day! Quote Link to comment Share on other sites More sharing options...
TBBills Posted March 24, 2021 Share Posted March 24, 2021 Crypto tanking 2 days before futures expire. Quote Link to comment Share on other sites More sharing options...
Buffalo716 Posted March 24, 2021 Share Posted March 24, 2021 1 minute ago, TBBills said: Crypto tanking 2 days before futures expire. Call me when it hits 15,000. That would be tanking Quote Link to comment Share on other sites More sharing options...
TBBills Posted March 24, 2021 Share Posted March 24, 2021 1 minute ago, Buffalo716 said: Call me when it hits 15,000. That would be tanking That isn't tanking that is destruction. 1 Quote Link to comment Share on other sites More sharing options...
Buffalo716 Posted March 24, 2021 Share Posted March 24, 2021 Just now, TBBills said: That isn't tanking that is destruction. Id probably just buy more lol 1 1 Quote Link to comment Share on other sites More sharing options...
DrDawkinstein Posted April 13, 2021 Share Posted April 13, 2021 Cheering on our little engine that could as BTC finally blasts through the $60k ceiling! Next stop $200k! 1 1 Quote Link to comment Share on other sites More sharing options...
4_kidd_4 Posted April 13, 2021 Share Posted April 13, 2021 I have a friend sitting on 8.9 bitcoin, from way back. Dang. Quote Link to comment Share on other sites More sharing options...
BillsShredder83 Posted April 14, 2021 Share Posted April 14, 2021 Wooohooo what a day yesterday! "the best time to plant a tree is 20years ago, the second best time is today" Quote Link to comment Share on other sites More sharing options...
DrDawkinstein Posted April 14, 2021 Share Posted April 14, 2021 Heads up: Coinbase IPO today. 2 Quote Link to comment Share on other sites More sharing options...
TBBills Posted April 14, 2021 Share Posted April 14, 2021 (edited) What i love about this stuff is you buy it and tell some celeb or billionaire to tweet about it and it will rise for a quick gain. Oh and i cannot forget buying in right before futures expire b.c the prices tank depending on where the money is bet. Edited April 14, 2021 by TBBills Quote Link to comment Share on other sites More sharing options...
DrDawkinstein Posted April 14, 2021 Share Posted April 14, 2021 3 hours ago, DrDawkinstein said: Heads up: Coinbase IPO today. Oof! Original price was $250. Opened on the Retail market at $390. 😳 Down to $360 right now tho... Quote Link to comment Share on other sites More sharing options...
Doc Posted April 15, 2021 Share Posted April 15, 2021 Dogecoin shot up around 3 PM today. No idea why. Quote Link to comment Share on other sites More sharing options...
Logic Posted April 16, 2021 Share Posted April 16, 2021 6 hours ago, Doc said: Dogecoin shot up around 3 PM today. No idea why. it’s still going up. Fast. This is better than porn. 1 Quote Link to comment Share on other sites More sharing options...
Buffalo716 Posted April 16, 2021 Share Posted April 16, 2021 Just now, Logic said: it’s still going up. Fast. This is better than porn. Damn I had 10k at under 1© and I cashed out like.10 2 Quote Link to comment Share on other sites More sharing options...
Logic Posted April 16, 2021 Share Posted April 16, 2021 Just now, Buffalo716 said: Damn I had 10k at under 1© and I cashed out like.10 Are you seeing this ***** right now? Goodness gracious. 1 Quote Link to comment Share on other sites More sharing options...
Doc Posted April 16, 2021 Share Posted April 16, 2021 It’s going up a lot more this morning as well. Crazy. I knew I should’ve bought a lot more than I did. Quote Link to comment Share on other sites More sharing options...
DrDawkinstein Posted April 16, 2021 Share Posted April 16, 2021 5 hours ago, Doc said: It’s going up a lot more this morning as well. Crazy. I knew I should’ve bought a lot more than I did. There will be other opportunities. DOGE's entire purpose is a short-term pump and dump. There is no other utility for it. On the opposite side tho... Anyone into Helium Networks and their HNT? They have a pretty good idea behind their crypto. They are building out there IoT Wifi network by having people (us) host their hotspots. Buy one and plug it into power and your home internet connection, and the device mines their coin based on how much data your hotspot passes. They have contracts with things like trackable dog collars and scooter-share companies to use their network. It uses negligible power and bandwidth, and for folks in populated areas can be a real "magic money box". Especially if there are other Helium hotspots in your area that can talk to each other. They also earn coins (rewards) by talking to other hotspots. I have friends whose hotspots are generating 5-10 coins a day. And their price has steadily climbed from $4 to now at $15. That's $75-$150 a day doing for nothing. My hotspot is on order and supposed to arrive in May. I kinda wish I bought 3 or 4 of them at once now. More info here: https://www.helium.com/ 1 Quote Link to comment Share on other sites More sharing options...
BillsShredder83 Posted April 17, 2021 Share Posted April 17, 2021 14 hours ago, DrDawkinstein said: There will be other opportunities. DOGE's entire purpose is a short-term pump and dump. There is no other utility for it. On the opposite side tho... Anyone into Helium Networks and their HNT? They have a pretty good idea behind their crypto. They are building out there IoT Wifi network by having people (us) host their hotspots. Buy one and plug it into power and your home internet connection, and the device mines their coin based on how much data your hotspot passes. They have contracts with things like trackable dog collars and scooter-share companies to use their network. It uses negligible power and bandwidth, and for folks in populated areas can be a real "magic money box". Especially if there are other Helium hotspots in your area that can talk to each other. They also earn coins (rewards) by talking to other hotspots. I have friends whose hotspots are generating 5-10 coins a day. And their price has steadily climbed from $4 to now at $15. That's $75-$150 a day doing for nothing. My hotspot is on order and supposed to arrive in May. I kinda wish I bought 3 or 4 of them at once now. More info here: https://www.helium.com/ Wish i was in a busier area, id be all over that. Feel like i missed any chance at mining btc being profitable. The blockchains are getting harder, and theres a chit ton of super computer labs out there soaking everything up Quote Link to comment Share on other sites More sharing options...
TBBills Posted April 18, 2021 Share Posted April 18, 2021 (edited) Time to buy back in soon. Thanks for the crazy wave which I cannot find out why it did that other than maybe the doge scare. Robinhood wouldn't let me sell my doge as high as i wanted but still .40 off each that was bought at .12 will work for me. You know what maybe Turkey banning Crypto payments is part of it. Edited April 18, 2021 by TBBills Quote Link to comment Share on other sites More sharing options...
Not at the table Karlos Posted April 18, 2021 Share Posted April 18, 2021 On 4/15/2021 at 10:36 PM, Buffalo716 said: Damn I had 10k at under 1© and I cashed out like.10 I cashed out early as well. Smh Four co-workers all cashed out over $70k on friday. One was close to $250,000. 1 Quote Link to comment Share on other sites More sharing options...
TBBills Posted April 18, 2021 Share Posted April 18, 2021 19 minutes ago, Not at the table Karlos said: I cashed out early as well. Smh Four co-workers all cashed out over $70k on friday. One was close to $250,000. The volatility allows you to buy and sell on the wave crests. People always saving these, I told my buddy to sell and he said he was holding on. Why not sell for profit and buy when it tanks like it always does. Sure I never get max price but i do set my profit limits to make a very sizable profit. Just paid the tax man on 2019, they really want that money for trading cryptocurrency. 1 Quote Link to comment Share on other sites More sharing options...
Not at the table Karlos Posted April 18, 2021 Share Posted April 18, 2021 2 minutes ago, TBBills said: The volatility allows you to buy and sell on the wave crests. People always saving these, I told my buddy to sell and he said he was holding on. Why not sell for profit and buy when it tanks like it always does. Sure I never get max price but i do set my profit limits to make a very sizable profit. Just paid the tax man on 2019, they really want that money for trading cryptocurrency. A former customer does that with Bitcoin and I’m sure others now. Watched him make $100-$200 in an hour a couple times. 1 Quote Link to comment Share on other sites More sharing options...
Turf Toejam 34 Posted April 18, 2021 Share Posted April 18, 2021 On 4/16/2021 at 2:57 PM, DrDawkinstein said: There will be other opportunities. DOGE's entire purpose is a short-term pump and dump. There is no other utility for it. On the opposite side tho... Anyone into Helium Networks and their HNT? They have a pretty good idea behind their crypto. They are building out there IoT Wifi network by having people (us) host their hotspots. Buy one and plug it into power and your home internet connection, and the device mines their coin based on how much data your hotspot passes. They have contracts with things like trackable dog collars and scooter-share companies to use their network. It uses negligible power and bandwidth, and for folks in populated areas can be a real "magic money box". Especially if there are other Helium hotspots in your area that can talk to each other. They also earn coins (rewards) by talking to other hotspots. I have friends whose hotspots are generating 5-10 coins a day. And their price has steadily climbed from $4 to now at $15. That's $75-$150 a day doing for nothing. My hotspot is on order and supposed to arrive in May. I kinda wish I bought 3 or 4 of them at once now. More info here: https://www.helium.com/ Really trying to understand this......I live in a pretty urban area and was trying to figure out whether the cost of the unit could get paid back. Quote Link to comment Share on other sites More sharing options...
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