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Why Bitcoin and Ethereum are so strong

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  • DrBusterDrBuster Posts: 5,409 ✭✭✭✭✭
    edited May 4, 2021 9:10AM

    Who said I was selling? Or you looking for my exit figure?

  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    edited May 4, 2021 2:27PM

    Thanks to Miles I'm in on classic at $27 and $36. The $36 was bought six days ago. Not too shabby.

    m

    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • derrybderryb Posts: 36,940 ✭✭✭✭✭

    @Justacommeman said:
    Thanks to Miles I'm in on classic at $27 and $36. The $36 was bought six days ago. Not too shabby.

    m

    don't forget to buckle your seat belt.

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • cohodkcohodk Posts: 19,185 ✭✭✭✭✭

    @DrBuster said:
    DOGE hit .60 this morning at one point, crazy but my RH account loves it.

    What would make you want to sell it?> @DrBuster said:

    Who said I was selling? Or you looking for my exit figure?

    Im wondering if there is something that would cause/entice/scare/etc you into selling? A certain price, a regulatory decision, change in pricing direction (risk tolerance), etc.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • derrybderryb Posts: 36,940 ✭✭✭✭✭
    edited May 4, 2021 4:19PM

    @cohodk said:

    Im wondering if there is something that would cause/entice/scare/etc you into selling? A certain price, a regulatory decision, change in pricing direction (risk tolerance), etc.

    In my case strong downward momentum while other popular crypto choices are climbing.

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • USASoccerUSASoccer Posts: 445 ✭✭✭
    edited May 4, 2021 4:31PM

    Litecoin is where its at!

  • derrybderryb Posts: 36,940 ✭✭✭✭✭

    @USASoccer said:
    Litecoin is where its at!

    No, for today ETC is where it's at! ;)

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • MilesWaitsMilesWaits Posts: 5,372 ✭✭✭✭✭

    I get the impression we are all having fun and enjoying the Crypto ride because we can afford to take the C ride. It’s an amusement park attraction that will cost us a bit of non-committed money to participate.
    There are going to be some steep ascents and descents and for those that can handle the
    High G —forces, it may offer differing rewards.

    Now riding the swell in PM's and surf.
  • MilesWaitsMilesWaits Posts: 5,372 ✭✭✭✭✭

    Oh ETC Snap, Mark!!

    Now riding the swell in PM's and surf.
  • derrybderryb Posts: 36,940 ✭✭✭✭✭

    I miss the R/H phone app confetti when I make a purchase.

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • MilesWaitsMilesWaits Posts: 5,372 ✭✭✭✭✭

    Doge, Derrry??
    I have been dipping my smaller toes here and there, given Elon’s Saturday gala may cause a pop in price.

    Now riding the swell in PM's and surf.
  • derrybderryb Posts: 36,940 ✭✭✭✭✭
    edited May 4, 2021 5:02PM

    dog no like derry. he bite. Do much better with the two E's. Sleep better too.

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • DrBusterDrBuster Posts: 5,409 ✭✭✭✭✭

    @cohodk said:

    Im wondering if there is something that would cause/entice/scare/etc you into selling? A certain price, a regulatory decision, change in pricing direction (risk tolerance), etc.

    I took my baseline hedge back plus some a while ago and everything rolling now is pure profit. No reason to sell unless I desperately need to . $1, tempting, $2, moreso, to the moon for hodl....why not.

  • derrybderryb Posts: 36,940 ✭✭✭✭✭

    laser projectionist attacks bank of england:

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • MilesWaitsMilesWaits Posts: 5,372 ✭✭✭✭✭

    I would imagine bitcoin and Doge coin tattoos are going up in popularity, too.
    I may get a big E on my chest.

    Now riding the swell in PM's and surf.
  • MilesWaitsMilesWaits Posts: 5,372 ✭✭✭✭✭

    OK, things just went totally nuts with BTC.

    Now riding the swell in PM's and surf.
  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    XLM

  • MilesWaitsMilesWaits Posts: 5,372 ✭✭✭✭✭


    And to celebrate, got this on the way

    Now riding the swell in PM's and surf.
  • derrybderryb Posts: 36,940 ✭✭✭✭✭
    edited May 5, 2021 7:24AM

    @MilesWaits said:
    OK, things just went totally nuts with BTC.

    Been that way with ETC for a week!

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭
    edited May 5, 2021 7:27AM

    Remember to sell all crypto BEFORE Saturday Night Live airs >:)

  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    edited May 5, 2021 8:11AM

    Classic just cracked $100. Slow down there nelly and rest a little

    Ok, I just made myself I cup of coffee and it's at $111. I think I'll go back and make a pot this time

    m

    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • derrybderryb Posts: 36,940 ✭✭✭✭✭
    edited May 5, 2021 8:02AM

    no, keep going! all in since last week.

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • MilesWaitsMilesWaits Posts: 5,372 ✭✭✭✭✭

    It must be the coffee Mark so please don’t stop we are all depending on you now! Add a little sugar and cream if you must.

    Now riding the swell in PM's and surf.
  • guitarwesguitarwes Posts: 9,266 ✭✭✭
    edited May 5, 2021 12:07PM

    My how a bunch of you all's tunes have changed since a couple years back, especially towards my point of view on cryptos. Glad y'all are enjoying the ride.

    @ Elite CNC Routing & Woodworks on Facebook. Check out my work.
    Too many positive BST transactions with too many members to list.
  • derrybderryb Posts: 36,940 ✭✭✭✭✭
    edited May 5, 2021 1:42PM

    FWIW, I used to laugh at my brother for stacking PMs. Now I sell them to him.

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • dpooledpoole Posts: 5,940 ✭✭✭✭✭

    Okay, Okay.

    I was into cryptos back in 2017-2019, but got out because of the volatility.

    So I just bought some, because this time it's for real, right?

    Right?

    ;)

  • derrybderryb Posts: 36,940 ✭✭✭✭✭

    yes, the volatility is for real.

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • blitzdudeblitzdude Posts: 5,958 ✭✭✭✭✭

    Another #Stimmy would be nice. I'll put this one 100% in my doggie coin wallet thing and become a welfare millionaire (after a couple of mouse clicks). Crazy world. THKS!

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™

  • skier07skier07 Posts: 3,991 ✭✭✭✭✭

    @Justacommeman said:
    Classic just cracked $100. Slow down there nelly and rest a little

    Ok, I just made myself I cup of coffee and it's at $111. I think I'll go back and make a pot this time

    m

    Stupid question but what is Classic?

  • RobMRobM Posts: 558 ✭✭✭
    edited May 6, 2021 7:40AM

    Classic is the original Ethereum, symbol ETC. There was a fork (disagreement resulting in splitting the blockchain into two different entities) related to whether to make certain changes after the original Ethereum blockchain was exploited. The original author of Ethereum and others in the community went with the more secure and scaleable Ethereum (ETH), leaving the original, renamed Ethereum Classic (ETC) to those in the community that believe the code is law and refused to make the changes. If DOGE, a meme/joke crypto can go to the moon, there's no reason a previously disregarded and forgotten, but more serious crypto, can't get to at least Mars, lol.

  • dpooledpoole Posts: 5,940 ✭✭✭✭✭

    The Economist's lead article this week describes government's inevitable entre into digital currencies, with all the advantages and unprecedented governmental control such a move allows:

    https://www.economist.com/leaders/2021/05/08/the-digital-currencies-that-matter

  • derrybderryb Posts: 36,940 ✭✭✭✭✭

    @skier07 said:

    Stupid question but what is Classic?

    Thread is worthless with pitures

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    edited May 9, 2021 7:41PM

    @USASoccer said:
    Litecoin is where its at!

    I appreciated this post. I've been researching it for awhile but was gun shy. I got dirty in it the day after

    Thank you for the push

    m

    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    Bitcoin is too stable, I am getting bored with it >:)

  • RobMRobM Posts: 558 ✭✭✭

    I just loaded up on SHIB.

  • Sandman70gtSandman70gt Posts: 1,001 ✭✭✭✭✭

    So this last week has been super fun. I quit using % and have begun x cause its way easier. ETH 4X.

    Bst transactions with: dimeman, oih82w8, mercurydimeguy, dunerlaw, Lakesammman, 2ltdjorn, MattTheRiley, dpvilla, drddm, CommemKing, Relaxn, Yorkshireman, Cucamongacoin, jtlee321, greencopper, coin22lover, coinfolio, lindedad, spummybum, Leeroybrown, flackthat, BryceM, Surfinxhi, VanHalen, astrorat, robkool, Wingsrule, PennyGuy, al410, Ilikecolor, Southcounty, Namvet69, Commemdude, oreville, Leebone, Rob41281, clarkbar04, cactusjack55, Collectorcoins, sniocsu, coin finder

  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    Perhaps the stock Coinbase (COIN) made a bottom. The turn could be in. COIN reports earnings this week.

  • blitzdudeblitzdude Posts: 5,958 ✭✭✭✭✭

    @ErrorsOnCoins said:
    Perhaps the stock Coinbase (COIN) made a bottom. The turn could be in. COIN reports earnings this week.

    I've been using robinhood but its limited to available cryptos. I wanted to buy the SHIB but no option. I am going to open a coinbase and it says refer someone and get $10 free bitcoin. So if any of you cheap fools want the referral let me know before I open the account. Just think someday your $10 could become $10K. :sunglasses:

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™

  • MilesWaitsMilesWaits Posts: 5,372 ✭✭✭✭✭

    Wanted to buy some Shib too, but oh well, I have Robinhood and Coinbase and that is enough temptation.
    And they, CB’s ethers and such, did not rest on their low end laurels for long - did they!

    Now riding the swell in PM's and surf.
  • derrybderryb Posts: 36,940 ✭✭✭✭✭

    I'm using RH and Kraken. Looking to replace Kraken.

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • Sandman70gtSandman70gt Posts: 1,001 ✭✭✭✭✭

    I am long on ethereum, so moved it to blockfi and earn 4.5% on it.
    For my other smaller stuff coinbase. Have a robinhood too, but never funded it.

    Bst transactions with: dimeman, oih82w8, mercurydimeguy, dunerlaw, Lakesammman, 2ltdjorn, MattTheRiley, dpvilla, drddm, CommemKing, Relaxn, Yorkshireman, Cucamongacoin, jtlee321, greencopper, coin22lover, coinfolio, lindedad, spummybum, Leeroybrown, flackthat, BryceM, Surfinxhi, VanHalen, astrorat, robkool, Wingsrule, PennyGuy, al410, Ilikecolor, Southcounty, Namvet69, Commemdude, oreville, Leebone, Rob41281, clarkbar04, cactusjack55, Collectorcoins, sniocsu, coin finder

  • RobMRobM Posts: 558 ✭✭✭

    I think Bitcoin is close to being irrelevant. It is getting killed by most of the alt coins over the past 3 months. And, why spend $60K for something with minimal utility, just name recognition, when you can buy something with arguably more utility (ETH, LTC, BCH, etc.) that is gaining in name recognition for a tiny fraction of the price? Anyone else see this disconnect, especially with recent inflation numbers and proposed spending levels. If BTC was worth $55K in Feb, it should be trading much higher today since it has become so mainstream. Something broken?

  • cohodkcohodk Posts: 19,185 ✭✭✭✭✭

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • dpooledpoole Posts: 5,940 ✭✭✭✭✭
    edited May 12, 2021 11:58AM

    OK, Cohodk. I get that it's over.

    Bitcoin? Crypto? The American economy? Western Civilization? The world as we know it? Carbon-based life forms?

  • RedstoneCoinsRedstoneCoins Posts: 217 ✭✭✭

    @Sandman70gt said:
    ETH to da moon!!
    Up 265% since the end of Nov.
    What else has an ROI like that?

    Enron.

  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    oh Elon :D

  • blitzdudeblitzdude Posts: 5,958 ✭✭✭✭✭

    Well my bunghole hurts. lol

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™

  • derrybderryb Posts: 36,940 ✭✭✭✭✭

    @RobM said:
    I think Bitcoin is close to being irrelevant. It is getting killed by most of the alt coins over the past 3 months. And, why spend $60K for something with minimal utility, just name recognition, when you can buy something with arguably more utility (ETH, LTC, BCH, etc.) that is gaining in name recognition for a tiny fraction of the price? Anyone else see this disconnect, especially with recent inflation numbers and proposed spending levels. If BTC was worth $55K in Feb, it should be trading much higher today since it has become so mainstream. Something broken?

    price is irrelevant. Percentage gain or loss is the only thing that matters.

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • RobMRobM Posts: 558 ✭✭✭

    @ErrorsOnCoins said:
    oh Elon :D

    Musk didn't come to the conclusion to stop accepting bitcoin on his own. He was told to, or else lose Tesla's only real source of profits....energy credits.

  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭
    edited May 14, 2021 11:35AM

    Discuss what cryptos could have a good future that are NOT in the news, ie BITC, ETH, or DOGE :oB)>:)<3:p

    And Why?

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