Crypto Megathread V15 - Where the hits keep on coming!

[Rob Battisti]

Who has gold or silver their 401k?

We’re here to inform you, but you’re continuing to show yourself for what you are; one of the worst posters on this board.

 

[Prefect]

We’re here to inform you, but you’re continuing to show yourself for what you are; one of the worst posters on this board.

Tell me who? Both lag every index.

 

[Rob Battisti]

Tell me who? Both lag every index.

You don’t believe in Bitcoin or a decentralized future of applications and finance. You’re uninformed and have no intentions of learning.

Im out.

 

[Prefect]

You don’t believe in Bitcoin or a decentralized future of applications and finance. You’re uninformed and have no intentions of learning.

Im out.

Explain the need case for actual adoption.

 

[Rob Battisti]

Explain the need case for actual adoption.

Do you even have any idea what a smart contract is?

 

[Prefect]

Do you even have any idea what a smart contract is?

So, what is that and why can't it be executed with existing mechanisms? And why is it significant enough to warrant needing a seperate currency all together?

 

[TeTe]

Crypto is a fiat currency.

Last time I checked, my savings account full of fiat currency didn't shoot up in value from $8,000 to $65k in a matter of six or seven months. You can argue all you want about the usefulness of crypto and that's fine. But it doesn't take away from the fact it is an asset that is worth investing in because it's value is not pegged to the USD; That's what a stable coin is used for. Once you trade fiat for crypto it is no longer a government backed note.

 

[Rob Battisti]

So, what is that and why can't it be executed with existing mechanisms?

In the OP there is a very detailed video about what smart contracts are and their superiority.

if you wish to spend 15 learning, watch this video.

 

[Rob Battisti]

Last time I checked, my savings account full of fiat currency didn't shoot up in value from $8,000 to $65k in a matter of six or seven months. You can argue all you want about the usefulness of crypto and that's fine. But it doesn't take away from the fact it is an asset that is worth investing in because it's value is not pegged to the USD; That's what a stable coin is used for. Once you trade fiat for crypto it is no longer a government backed note.

Jeez I didn’t even see that he said crypto is fiat. I’d be more patient in explaining, but he’s just an imbecile who isn’t curious and wants to be contrarian.

 

[TeTe]

Explain the need case for actual adoption.

Ask Visa, I mean obviously they found a use for adoption.

https://usa.visa.com/visa-everywhere/blog/bdp/2021/03/26/digital-currency-comes-1616782388876.html

Using a stable coin, that functions on the Ethereum Blockchain.

 

[Prefect]

Ask Visa, I mean obviously they found a use for adoption.

https://usa.visa.com/visa-everywhere/blog/bdp/2021/03/26/digital-currency-comes-1616782388876.html

Using a stable coin, that functions on the Ethereum Blockchain.

A need case that requires the currency to be converted back to dollars to facilitate transactions that used to be carried out in just dollars in the first place? It feels like a needless exchange. What problem is being solved by this?

 

[Rob Battisti]

A need case that requires the currency to be converted back to dollars to facilitate transactions that used to be carried out in just dollars in the first place? It feels like a needless exchange.

If you have no intention of understanding what you’re talking about, go back into the other threads that you clog up with posts about things you don’t know what you’re talking about.

 

[Prefect]

Last time I checked, my savings account full of fiat currency didn't shoot up in value from $8,000 to $65k in a matter of six or seven months. You can argue all you want about the usefulness of crypto and that's fine. But it doesn't take away from the fact it is an asset that is worth investing in because it's value is not pegged to the USD; That's what a stable coin is used for. Once you trade fiat for crypto it is no longer a government backed note.

Cypto is by definition fiat because it has no intrinsic value.

Cum Rockets would have made you more money but that doesn't mean it is a viable or needed.

 

[Rob Battisti]

Cypto is by definition fiat because it has no intrinsic value.

Cum Rockets would have made you more money but that doesn't mean it is a viable or needed.

You must have a very sad life. I hope you find joy. As for me, I’m done responding.

 

[TeTe]

You must have a very sad life. I hope you find joy. As for me, I’m done responding.

Eh whatever, he's entitled to his opinion just like everyone else. His mind is made up and so is yours and mine. I've heard all sorts of hot takes or uneducated responses in regards to this space. At the end of the day, this market is maturing whether people like it or not.

 

[Anewt]

I was expecting a by bye binance total lol

 

[TheNinja]

I am trying to get some bargain basement RAZOR but holy crap is Gate.io terrible or what?? Gonna have to find an alternate way to get some.

 

[Anewt]

Vet 40%
Eth 25%
Api3 20
hbarr 10
Sol.5

Roughly still

 

[BB in Crazy!!!!]

Repeating what you've heard someone else say doesn't make you sound savvy. It makes you sound like a sheep. If you have to store your DIGITAL currency on a device with no internet access to keep it from being stolen, it's not a currency. If you have to convert it into fiat to spend it safely, it's not currency. Currency is mobile and ready to use, instantaneously, every moment of every day.

1. Any government can ban crypto currency, levy taxes, make it illegal to hide or make it illegal to use
2. Lack of regulation means more scammers
3. Most of the world's crypto currency is owned by the same people who control most regulated currency
4. Billionaires invest in crypto, so that normal people will. They leverage the supposed value of crypto to do business in real currency
5. Crypto exchanges pay their employees in real currency. Nuff said.
6. No one in a third world country can afford to own, much less use crypto currency.
7. If you spend crypto currency on anything, you risk losing value. You spend $30,000 on a car and a week later that same crypto is worth $40,000. You lost $10,000.

Only reason fiat doesn’t get “stolen” is that it’s insured, besides that, the only difference is that crypto has a ledger to keep track of every dollar. That dollar in your hand, it’s nearly impossible to tell where the transactions went. That’s part of what I like about fiat. But from a business standpoint, it’s bad for business when money can disappear. If crypto got insured, which it could within the next 20-30 years. Then that is a lost point. And before you laugh at what I just said, I knew people that said the same shit about email in the early 90s. Now, that’s the primary used email, but regular mail is still used often.

 

[Rygu]

Do I bring my BTC to .30 or my Eth to 2.5, been debating myself on which for days, and when to do it. Since we're going up a bit today I feel a small dump coming tomorrow or Tuesday.