Master Thread tfsf/cryptostreetbets - FLR has finally arrived

[champsballs]

Additional question: Do you guys ever use crypto for purchases? If so, do you have an app on your phone that you use?

Swim only uses crypto to purchase things that may or may not be illegal, and to keep all information secure and private.

 

[Zgdaf]

Additional question: Do you guys ever use crypto for purchases? If so, do you have an app on your phone that you use?

I used bch to buy 3 miners about 3 years ago.. total fail. Not because of the 10k lost, since I somehow made this when bch was forked. It’s because the miners cost more in electricity than buying btc.
the next failure was using the bitpay app to buy 8k worth of gold about a year ago. This was thru kitco.
ive since learned my lessons and I’m hodling from here on out. Also dollar cost averaging.

Btw do the opposite of me if you want your investments to grow.

 

[noelnole]

So what other coins besides BTC does he think are good options? IMO, these short term gains from the past week will have to regress somewhat, because I just don't see anything that justifies anywhere from 20% to 113% increases in 1 week. GRT (The graph) averaged around $0.50 for all of 2020, then from January 29th to it went from $0.55 to $2.87 on February 11th, and now is back down to $2.07. Either way, it had a massive jump in value in a week. Most of the crypto coins have been similar over the past week to month. What would drive such a gain?

do you see where btc is today? https://coinmarketcap.com/

the market cap section of that link at the top of the page tells you alot, when i first started the market cap was 400-600 billion and i was told it was up to 800-900 billion in the hay day

today that market cap is 1.5 trillion, the market cap is all coins in circulation x value of each coin

so the higher the MC the more valuable the coins are, which means more and more people are getting involved

our current chosen dark horses are ENJ, LOKI, PRE

 

[LVRebel]

do you see where btc is today? https://coinmarketcap.com/

the market cap section of that link at the top of the page tells you alot, when i first started the market cap was 400-600 billion and i was told it was up to 800-900 billion in the hay day

today that market cap is 1.5 trillion, the market cap is all coins in circulation x value of each coin

so the higher the MC the more valuable the coins are, which means more and more people are getting involved

our current chosen dark horses are ENJ, LOKI, PRE

What do you use to get access to those coins? They aren't included in coinbase or exodus as far as I can tell.

 

[Crich73]

I've decided that every spare cent I have is going into crypto! Watching the highlights from last nights town hall is upsetting! This fucking pudding brain is running the country.

Covid plan (make more vaccine)
Government spending (make/print more money)

I have no regard for this shit administration.

 

[Zgdaf]

What do you use to get access to those coins? They aren't included in coinbase or exodus as far as I can tell.

try Binance exchange. I haven’t joined since they kicked off the US accounts and made us sign up with another binance instant.

Also I have a ledger nano hardware wallet. I noticed the allow purchases directly to the wallet, but I’m not sure if they have those sh*t coins.

There are other exchanges like bleutrade and others but haven’t used them in a while.

 

[Gators40]

I've decided that every spare cent I have is going into crypto! Watching the highlights from last nights town hall is upsetting! This fucking pudding brain is running the country.

Covid plan (make more vaccine)
Government spending (make/print more money)

I have no regard for this shit administration.

Just told my wife the same thing. Just added another 1,000 on Bitcoin. Going to start putting some money every check on different ones you guys recommend lol

 

[Zgdaf]

Just told my wife the same thing. Just added another 1,000 on Bitcoin. Going to start putting some money every check on different ones you guys recommend lol

So you have balls of steel to take out a loan against your 401k (if it’s an option)?

Or trade on 100x leverage?

here’s a good video on exiting strategies.

 

[Mordain]

Swim only uses crypto to purchase things that may or may not be illegal, and to keep all information secure and private.

Swim? Like the Thinkorswim App?

 

[noelnole]

What do you use to get access to those coins? They aren't included in coinbase or exodus as far as I can tell.

hcek that link i posted earlier, coinmarketcap, search the coin and click on markets, that will tell you where you can pruchase/exanchange

i actually dont have loki yet but its at $1.12 dammit, thats my weakness, procrasstination

will try to do better

 

[noelnole]

with pres or presearch just use the preseach search enjine and it will gite= you.25 pre coin for each search, ive been search like a mfer and i have 14 coins, need to just go ahead a purachae cause i cant keep up the pace

 

[noelnole]

go make some money boy!!!!

lelts all make a abunch

 

[America 1st]

Got out of all of them. The more I thought on it the more I couldn't shake the feeling of how crypto is bad news for the bears.

Hopefully y'all make tons of money but I'd have to say my new policy position is in strong opposition to all cryptos. Seems very one world government / bad for the US dollar value.

 

[Cincinattus91]

Got out of all of them. The more I thought on it the more I couldn't shake the feeling of how crypto is bad news for the bears.

Hopefully y'all make tons of money but I'd have to say my new policy position is in strong opposition to all cryptos. Seems very one world government / bad for the US dollar value.

That's my concern as well

Companies are adopting it and the technology is the next natural step

They could be running the double reverse aka they pump up bitcoin to build credence in reliance on digital currency then come in and centralize

They also are pumping to avoid deflation, they will continue to pump cash. Everything could go up for a while, commodities/crypto/stocks

 

[ChicagoFats]

Can the government shut down bitcoin even if it wanted to at this point? Isn't it decentralized to the point that no one should be able to stop it?

If the Feds try to kill it, doesn't that just give it more credence? .... kind of like telling a teenager they can't have something.

Been doing a lot of reading on cryptos and I'm a believer now. This is after being a long time coin skeptic. The whole De-Fi movement has me curious and makes a lot of sense to me. People hate banks for whatever reason and these block chains can effectively replace banking and remove all human bias and cutting out a lot of middlemen.

I like Ethereum as my vehicle of choice right now. Just psychologically easier to buy something that is $1,750 as opposed to $50,000 in bitcoin. Plus Ethereum is a solid platform, i dont see why it couldn't have a market cap that rivals bitcoin someday. More potential upside if you will.

Will be interesting to see if this is an industry in its infancy or more of a passing fad. I lean more towards an industry in its infancy.

 

[Gators40]

Can the government shut down bitcoin even if it wanted to at this point? Isn't it decentralized to the point that no one should be able to stop it?

If the Feds try to kill it, doesn't that just give it more credence? .... kind of like telling a teenager they can't have something.

Been doing a lot of reading on cryptos and I'm a believer now. This is after being a long time coin skeptic. The whole De-Fi movement has me curious and makes a lot of sense to me. People hate banks for whatever reason and these block chains can effectively replace banking and remove all human bias and cutting out a lot of middlemen.

I like Ethereum as my vehicle of choice right now. Just psychologically easier to buy something that is $1,750 as opposed to $50,000 in bitcoin. Plus Ethereum is a solid platform, i dont see why it couldn't have a market cap that rivals bitcoin someday. More potential upside if you will.

Will be interesting to see if this is an industry in its infancy or more of a passing fad. I lean more towards an industry in its infancy.

One of my buddies is telling me buy ETH over everything right now. He keeps pumping it up, but I’m still new into crypto so I’m kinda spreading it around a bit.

 

[Hoppo]

Can the government shut down bitcoin even if it wanted to at this point? Isn't it decentralized to the point that no one should be able to stop it?

If the Feds try to kill it, doesn't that just give it more credence? .... kind of like telling a teenager they can't have something.

Been doing a lot of reading on cryptos and I'm a believer now. This is after being a long time coin skeptic. The whole De-Fi movement has me curious and makes a lot of sense to me. People hate banks for whatever reason and these block chains can effectively replace banking and remove all human bias and cutting out a lot of middlemen.

I like Ethereum as my vehicle of choice right now. Just psychologically easier to buy something that is $1,750 as opposed to $50,000 in bitcoin. Plus Ethereum is a solid platform, i dont see why it couldn't have a market cap that rivals bitcoin someday. More potential upside if you will.

Will be interesting to see if this is an industry in its infancy or more of a passing fad. I lean more towards an industry in its infancy.

Now that banks and big corporations are moving into crypto, I can't see the feds stepping in.

 

[champsballs]

Swim? Like the Thinkorswim App?

lol You must not of spent much time in chat rooms and forums in the early 2000s. I'm sure there's many that got the swim reference

 

[noelnole]

Can the government shut down bitcoin even if it wanted to at this point? Isn't it decentralized to the point that no one should be able to stop it?

If the Feds try to kill it, doesn't that just give it more credence? .... kind of like telling a teenager they can't have something.

Been doing a lot of reading on cryptos and I'm a believer now. This is after being a long time coin skeptic. The whole De-Fi movement has me curious and makes a lot of sense to me. People hate banks for whatever reason and these block chains can effectively replace banking and remove all human bias and cutting out a lot of middlemen.

I like Ethereum as my vehicle of choice right now. Just psychologically easier to buy something that is $1,750 as opposed to $50,000 in bitcoin. Plus Ethereum is a solid platform, i dont see why it couldn't have a market cap that rivals bitcoin someday. More potential upside if you will.

Will be interesting to see if this is an industry in its infancy or more of a passing fad. I lean more towards an industry in its infancy.

cryptos arent going anywhere imo and the governments cant stop it because its decentralized, meaning there is no btc.com or btc corp headquarters to go to to shut her down, the only way cryptos are eliminated is if the internet is eliminated (and how likely is that)

cryptos specifically btc were created to circumvent the banking system, the fractional reserve lending aspect of the banking system

they are also a different assets class that one can invest in. precious metals and real estate are assets classes one can invest in, i have enough of both so cryptos are my current assets class. it just terrifies me knowing i have as an example 100k cash in the bank just sitting there, not accruing very much interest. plus the dollar is so devalued due to the fed printing monies like its going out of style

the us dollar will continue to be devalued due to excess printing and that dollar will crash one day, cryptos and precious metals will then rise exponentially, just my incoherent thoughts

 

[LVRebel]

Anyone on here use Binance, KuCoin, or Bittrex? It looks like some of these coins are available on those platforms, but I don't know anything about them.

 

[Mordain]

lol You must not of spent much time in chat rooms and forums in the early 2000s. I'm sure there's many that got the swim reference

Super cool Balls!-thanks for chiming in. Apparently I missed out on chat rooms 20 years ago. Doesn't answer the question

 

[MittRomneysDrawers]

Anyone on here use Binance, KuCoin, or Bittrex? It looks like some of these coins are available on those platforms, but I don't know anything about them.

All three are huge exchanges with many coins. I'm not sure about Bittrex I haven't used it but I've used Binance and Kucoin. Kucoin of course had a big hack not that long ago, but I've never had a problem with it. Same with Binance. I used to immediately on ramp all crypto straight to Binance after purchasing on either Coinbase or CashApp. These days I have my BTC and LINK in Coinbase Pro, while I have EITH and Lamden TAU in MetaMask. MetaMask is a wallet for ERC-20 Tokens (i.e. Ethereum based projects).

 

[Npklee]

Since the other thread has turned into a shit show. This is actually where we will be able to discuss crypto projects. Haters stay out. We don’t care if you hate we are making money. Save it for the other thread.

 

[quickfeet]

The way I like to view crypto is to look at each project like it’s own digital country. And I decide which country I went to be a part of. Your influence in those countries depends on your investment level and/or your commitment over time.

I think we are still very far from seeing the real impact of crypto. The crypto itself is just a mechanism that drives innovation and provides software for facilitating rapid, secure contracts between individuals without the need for archaic systems.

The Bounty Buck system here is a very cool prototype for a crypto use that is basically saying: you help me grow the site now, or create content for the site, and I will give you a contract (Bounty Buck) that will be worth something in the future based on your earlier commitment.

The value of that contract depends on your trust in the entity providing the contract (in this case the guys running the site) and the potential for the platform leveraging the contracts to improve the value of said platform (the new internet they are creating now).

Ignoring the fun “game” created by the Bounty Buck system: The guys running this site needed help with participation and referrals, but don’t have the “cash” budget to pay someone to do it. So they leveraged the crypto architecture to give people credit for helping them out now that they will reward in the future. If the trust is there, there is no need for bankers and lawyers to facilitate this process.

 

[Zgdaf]

Well.. what is your favorite AI crpto project that fights racism?

I am researching this one. https://medicalchain.com/en/medtokens/
Anyone have opinions?

Does anyone have a favorite distributed Identity token? Microsoft is going hard in distributed ID.

 

[JordanPetersHorn]

Since the other thread has turned into a shit show. This is actually where we will be able to discuss crypto projects. Haters stay out. We don’t care if you hate we are making money. Save it for the other thread.

I like that you were smart and started your own thread right away once you realized who you were talking to instead of going back and forth with a noncoiner for 5 pages like me

 

[quickfeet]

Well.. what is your favorite AI crpto project that fights racism?

I am researching this one. https://medicalchain.com/en/medtokens/
Anyone have opinions?

Does anyone have a favorite distributed Identity token? Microsoft is going hard in distributed ID.

I’m a big fan of Breev.

 

[America 1st]

I like that you were smart and started your own thread right away once you realized who you were talking to instead of going back and forth with a noncoiner for 5 pages like me

Not surprised he took his ball and ran after getting his clock cleaned.

Greed gets the better of some folks tho

 

[JordanPetersHorn]

Well.. what is your favorite AI crpto project that fights racism?

I am researching this one. https://medicalchain.com/en/medtokens/
Anyone have opinions?

Does anyone have a favorite distributed Identity token? Microsoft is going hard in distributed ID.

Blockchain in medicine is going to be hugggeeeeee. For one of our finals in college we had to interview one of the patent holders for some subset of blockchain technology to create a sort of health ID app but the project proved too daunting

Reading that white paper I’m no so certain I would hop on that one just yet that seems kinda shoestring and underdeveloped

 

[JordanPetersHorn]

https://www.bitcoinisdead.lol/

Here’s an interesting info graphic of some people’s horrible Bitcoin predictions

 

[Npklee]

https://www.bitcoinisdead.lol/

Here’s an interesting info graphic of some people’s horrible Bitcoin predictions

View attachment 14824

some itt will be seeeeeething

 

[JordanPetersHorn]

Not surprised he took his ball and ran after getting his clock cleaned.

Greed gets the better of some folks tho

I love you and read your posts every day in LAC, but You’re a crypto Tard and your ignorance was cluttering up the other thread and none of us have the heart to ignore/block you since you do post good content all the time. That’s fine to be totally dumb in one area of life and be exposed. Hell I was exposed for being a immigration tard a few days ago and hey that’s life

That’s said, I’m not feeding into your shitty troll anymore

 

[JordanPetersHorn]

I’m a big fan of Breev.

View attachment 14820

I looked this up because I thought you were being serious and i simultaneously can and can’t believe this is a real thing

 

[Zgdaf]

Blockchain in medicine is going to be hugggeeeeee. For one of our finals in college we had to interview one of the patent holders for some subset of blockchain technology to create a sort of health ID app but the project proved too daunting

Reading that white paper I’m no so certain I would hop on that one just yet that seems kinda shoestring and underdeveloped

I agree. The health id fits into the distributed id approach where there are certificate authorities like a hospital publishing your records encrypted.. then you can choose to give another provider access, or even temporary access to see your medical history. Or maybe a insurance company so their bookies can give you a insurance rate, etc.

 

[JordanPetersHorn]

I agree. The health id fits into the distributed id approach where there are certificate authorities like a hospital publishing your records encrypted.. then you can choose to give another provider access, or even temporary access to see your medical history. Or maybe a insurance company so their bookies can give you a insurance rate, etc.

Hospitals and stuff will be very late to the game here though just based on the few conversations I’ve had with lower level guys in that space. Not accessible to a startup really since it gets very swampy

 

[America 1st]

I love you and read your posts every day in LAC, but You’re a crypto Tard and your ignorance was cluttering up the other thread and none of us have the heart to ignore/block you since you do post good content all the time. That’s fine to be totally dumb in one area of life and be exposed. Hell I was exposed for being a immigration tard a few days ago and hey that’s life

That’s said, I’m not feeding into your shitty troll anymore

Ya Trump was trolling too.

If you have to name call you've exposed yourself and your position as the loser.

 

[TJHall1]

Ya Trump was trolling too.

If you have to name call you've exposed yourself and your position as the loser.

Holy shit, just fucking stop. You out yourself ass a bigger dumbass every day.

 

[America 1st]

Holy shit, just fucking stop. You out yourself ass a bigger dumbass every day.

Ya Trump was a real dumbass

 

[JordanPetersHorn]

All time high boys

 

[Thasubliminal]

Sooooo, I was in the coin game and pretty much just left it for a bit. I need some help moving coin from binance to binanceus, but I am in Texas. Can anyone DM me and help me out?