Cryptocurrency - a few tips from an old hand

Discussion in 'Mayberry Lounge' started by Nik123, Dec 20, 2017.

  1. taurus

    taurus Tiger knee belt

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    Following up on my previous post, this exact thing happened yesterday when Bitcoin surged. M and M of $ of shorts liquidated almost instantly.

    [​IMG]
     
  2. Jballer

    Jballer Black Belt

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    Checked my portfolio for the first time in over a month yesterday. It’s now worth less than half of what it was just 3 months ago.. Glad I didn’t get too carried away with this stuff.
     
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  3. dembonesPLUSone

    dembonesPLUSone PLUS1 CHAMPION Platinum Member

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    Ugh XVG's new partner is Pornhub. Who pays for porn these days..... The fuck
     
  4. taurus

    taurus Tiger knee belt

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    TYay, i'm a multimillionaire!! According to Delta, though.

    Soon, i will have a car with a door that opens like this:
    [​IMG]

    Currently, one Oyster Shell coin is $192,813.00. One guy paid 0,2 ETH for 0.001 SHL, it seems.

    Edit: nope, things back to normal, not a millionaire. . . :(
     
    Last edited: Apr 23, 2018
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  5. Nik123

    Nik123 Purple Belt

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    Crypto market raging back to life folks. Patience pays when backed up by fundamentals.

    And surprise surprise, Ethos currently the top gainer in the top 100 coins. Internet Node Token (INT) up 400% in the last few weeks!
     
  6. CastielJh

    CastielJh White Belt

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    I wish I was a BTC millionaire. I am interested in crypto but more in altcoins like IOTA. I follow the latest information from ICO Pulse source. So I found out about services where to buy altcoins with good reputation. As you know there are many scammers and it's essential to be aware.
     
  7. taurus

    taurus Tiger knee belt

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    AI is making partnerships with another AI



    It has become self-aware.
    [​IMG]
     
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  8. ToxicShocker

    ToxicShocker Hamsterdam

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    Price drops, time to hype some more
     
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  9. Madmick

    Madmick Scholar of Taghaza Staff Member Senior Moderator

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    The problem right now, though, is the single most important key "fundamental" missing from Crypto is the lack of any purchasing infrastructure. Only Bitcoin has any sort of presence, and the latest bubble destroyed consumer confidence in Crypto, which meant that things actually got worse, and fewer major merchants accept Bitcoin than previously (ex. Steam, KFC Canada, etc).

    Right now the Federal Reserve isn't even classifying Crypto as a currency. It's being classified as a commodity. And the Fed is right; spare me the Jekyll Island conspiracies. I believe in Crypto long term, but that future is not certain if the current Chinese jackals and also the powers-that-be can manipulate the market enough to destroy confidence in it, and the possibility of a digital, universal, anonymous currency that is practically invulnerable to theft (unless, figuratively speaking, someone runs off with the entire bank).

    Currency only works if people believe in it. The paper we use has virtually no concrete value. It's only money because we believe it's money: which entails that we accept it as payment for real goods. If it doesn't have a viable infrastructure to buy goods, and not just some goods, but all the goods one needs to operate their life and livelihood, then it might as well be worthless.

    The Crypto market needs to work a lot harder on developing that infrastructure than working people up over meaningless stock market graphs. Without it, it will never be anything but what the detractors say: a scam.
     
  10. Khabibs Tiramisu

    Khabibs Tiramisu Blue Belt

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    What can you say about electroneum? I have 5000coins of those and not really sure what's going to happen.. :D
     
  11. Orgasmo

    Orgasmo Red Belt

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    LOL @ crypto market raging back to life. By life you mean like a limp dick for the past 4 months. 95% of coins are held by 5% of investors, which means majority of market valuation is coming from 5% of coins purchased by 95% of investors. Crypto shills are just waiting for a new batch of suckers to feed them with real money.
     
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  12. taurus

    taurus Tiger knee belt

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    If that was aimed at me, nice try. I'm not hyping my coins, it was solely an attempt at an AI joke, nothing more, nothing less. Now flame on.
     
  13. MTT

    MTT Green Belt

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    Market must crash hard to flush all these shitcoins down the toilet. Once regulation comes in and exchange manipulation ceases the cream will rise to the top. BTC market dominance will and should continue to slip while the importance of fundamentals will take center stage. Today, anyone trading alt coins based on fundamentals is going to go broke. As someone who successfully trades in multiple markets, bitcoin from a charting perspective trades in a way that is structurally sound despite all the FUD about bart simpson patterns and the like. However, exchanges need to be kept in check... specifically bitfinex (think tether).
     
    Last edited: Jun 12, 2018
  14. strongstylekarate

    strongstylekarate Nokia will beat Apple 2019 Double Yellow Card Yellow Card Banned

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    Crypto currencies are nothing but fraud.
     
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  15. JonesBones

    JonesBones Gold Belt

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    We back to 20,000 yet boys?
     
  16. JonesBones

    JonesBones Gold Belt

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    You are a fraud. How are these coins doing since the start of this thread till now?

    Bitcoin was over 16,000 when this thread was made. It is less than half that now and still dropping.
     
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  17. Nik123

    Nik123 Purple Belt

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    You are a well established moron. Come back to me in a year. This is a long term investment - not a get rich quick scheme for people with the attention span of a goldfish.
     
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  18. JonesBones

    JonesBones Gold Belt

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    lol at come back in a year. Yeah, I am the moron. Not the guy peddling things that have lost more than half their value.

    Why come back in a year? You just said they are coming back to life now.

    Yes, let us hold a fad for long term value. Fuckin genius. And what fuckin fundamentals are you talking about? Crypto doesnt have fundamentals.
     
  19. JonesBones

    JonesBones Gold Belt

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    @Nik123 is the perfect example of why major platforms banned crypto ads. This thread is another crypto ad and just as fail as all of them.
     
  20. Nik123

    Nik123 Purple Belt

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    lol at bothering to reply to a known troll with an IQ of 30.

    Remind me what the price of bitcoin and the market cap was in January 2017? Yes so we are 7X up from then.

    Scroll back through the read and educate yourself (again) on the fundamentals. And don’t waste my time. Fool.
     

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